Master of Business Administration [MBA] (International Business) - Course Overview

  • STREAM

    MANAGEMENT

  • DURATION

    2 YEARS

  • COURSE

    Foreign Trade

  • COURSE TYPE

    Post Graduation

Sakshi Gupta Sakshi Gupta
Content Curator

Master of Business Administration (MBA) in International Business (IB) Top Colleges, Syllabus, Scope, and Salary

MBA in International Business is a two-year post graduate degree in management. Graduates in any stream can opt for it. International Business is one of the most trending specializations in MBA these days. Many industries and organization are hiring the Graduates of “International Business” to represent their company at international level.

Top Institutes offering MBA in International Business course are:

Candidates with excellent communication skills, a keen aptitude towards business and having interest in economies of different countries, are most suitable for this course. MBA in International Business will enable them as managers who understand the strategies and trends of the global economy and apply this to improve the country’s export management.

MBA in International Business program was first started as a Master in International Business in America in 1946. In India it was started as the Indian Institute of Foreign Trade (IIFT) was established in 1963 by government of India. In the current scenario most of the B schools of the country are offering this course as International Business is the most demanding sector in any country economic growth.

MBA in International Business: Course Highlights

Course NameMBA International Business
Duration2 years (4 semesters or 6 trimesters)
EligibilityGraduation in discipline
Admission ProcessEntrance test + GD + PI
Course FeeINR 10 to 15 Lakhs
Course featuresExport and Import Management, International Marketing, Foreign Exchange Management, International Finance etc.
Average salary offeredINR 5 to 12 LPA
Top recruiting companiesMcKinsey & Company, Citi Bank, Bank of America, Deutsche Bank, Goldman Sachs etc.

MBA in International Business is offered in both part time and full time mode. It is offered in executive mode also for the working professionals. You can also opt for correspondence mode by taking weekend classes. Many institutes and universities offer such programs.

MBA in International Business: What is it About?

The objective of the course is to help professionalize the foreign trade management of country and increasing the exports and imports by generating, analyzing and conducting research. MBA IB course mainly focuses on developing a capable workforce within the country who has a complete understanding of the changing international business scenarios so that they can weigh and analyze the impact of those changes in domestic market.

What is the benefit of MBA in International Business?

There are various benefits that one can yield after the completion of MBA in International Business. Some of these are:

  • The course successfully prepares you for management, trade or business at a global level. 
  • After completion of MBA in International Business course, you can secure jobs in sectors such as an automobile, electronics, FMCG, IT, and many others.
  • The course equips you with advanced knowledge of Business and hence enables you to run your business in a more efficient way at the global level
  • You will be able to study and understand the critical details and functioning of cross culture marketplace and international market

MBA in International Business: Top Institutes

Following are some top institutes for MBA IB course-

College NameLocationAverage Fee (in INR)
Indian Institute of Foreign TradeDelhi 8,01,000
Symbiosis Institute of International BusinessPune6,25,000
ICFAI Business School Hyderabad6,25,000
CMS Business SchoolBangalore3,88,000
Nirma UniversityAhmedabad5,46,000
Institute Of Management Studies, Banaras Hindu UniversityVaranasi 85,000
University Business School, Panjab UniversityChandigarh16,400
SRM Business SchoolLucknow--

MBA in International Business: Eligibility

Candidates can apply for MBA IB course if they possess one of the following-

  • Recognized Bachelor's degree of minimum 3 years' duration in any discipline
  • Candidates appearing for a qualifying examination can also apply only if they submit the proof of requisite qualification before the commencement of the session
  • There is no Age limit for taking admission in this course. 

MBA in International Business: Admission 

Mostly B schools offer admission in MBA in International Business through entrance exams. Although there are some institute which provide direct admission to the students either on merit basis or on management quota basis.

Entrance tests for MBA in International Business

TestInstitutes
CATIIMs and several other B schools
XATXLRI, its associates and other B schools
CMATB schools approved by AICTE
IIFTIFT Delhi and Kolkata Campus
SNAPSymbiosis University and its institutes

Selection Process for MBA in International Business

Selection process in most of the B schools is almost similar.

Every institute follows the following steps to provide admission-

  • First stage of selection process is qualifying the written test
  • Candidates who qualify the entrance test are called for stage 2, which includes Written Ability Test, Group Discussion and Personal interview
  • Final selection is done on the basis of scores of these two stages. Candidate’s past academic performance, and work experience is also considered for final selection. 

MBA in International Business: Syllabus and Course Description

MBA in International Business course structure is the same as other MBA courses. The first year consists of core subjects of management in form of classroom lectures, workshops, and seminars. After completion of first year, students go for summer internship. From second year the specialized courses are taught and also the electives are chosen in the second year.

Following flow chart shows the basic course structure of MBA IB-

The academic curriculum is designed so as to incorporate a professional approach to the international business environment.

Courses with a focus on International Business

Following are some common subjects from which one can choose the electives for their specialized course-

CourseDescription
International Supply Chain ManagementThe course explores the main issues in international logistics (IL) and supply chain management (SCM) to underline their strategic importance to firms.
Financial Derivatives and Risk ManagementStudy of derivatives that can be used either for risk management
inancing of International TradeStudy of international trade and finance
International Contract ManagementStudy of various contracts used in business
Managing Global Compliance in ExportsManagement of global agreement in export is taught
International Human Resource ManagementThe overall aim of the course is to educate you as a Human Resource Manager in an international context and improve the quality of your professionalism
International Advertising and Brand ManagementWhat is use of advertising and branding in international markets
International Supply Chain Management and LogisticsStudy of management of the flow of goods and services at international level
Foreign Language for BusinessStudents have the choice to select the foreign language. Mostly institutes teach French, Spanish, Mandarin etc.

Above mentioned subjects are taken form common curriculum of some universities/institutes. These courses may vary from college to college. 

MBA in International Business: Career Prospect

MBA in International Business graduates has an immense opportunity in the current market.  Career options after this course are increasing so rapidly. International business degree holders are often required due to increasing globalization and the growing number of businesses currently competing on the international stage

What is the scope of MBA in International Business?

Following are the functional areas for MBA in International Business graduates-

  • Export-Import Management
  • Brand Management
  • International Marketing
  • Logistics Management
  • Compliance Management
  • Foreign Exchange Management

MBA in International Business: Top Recruiters

International Marketing Departments of Companies having exports aboard have multiple opportunities for MBA in International Business graduates. Following are some top recruiting companies

  • Citi Bank
  • HDFC Bank
  • ICICI Bank
  • Amazon
  • Google
  • HSBC
  • Axis Bank
  • Accenture
  • WIPRO
  • Cognizant
  • IBM etc.

 Apart from global companies that compete on international markets, such as airlines and chain restaurants, graduates of international business MBA program often find careers within government agencies, nonprofit organizations, and banking.

What kind of jobs can you get with an MBA in International Business degree?

MBA in International Business can lead to careers like management analyst, administrative service manager, and chief executive officer. Following are the job profiles that can be offered after MBA in International Business-

  • Business Development Manager
  • Export managers and executives
  • International Business Consultant
  • International Finance Manager
  • International Marketing Manager
  • Global Business Manager
  • Investment Banker

The salary trend of MBA in International Business graduates depends on job profile, company and work experience. Mostly account managers with this degree earned from 3.6 LPA to 6 LPA average at this time, while international sales managers primarily earned between 4.80 and 12 LPA. The range is 4.0 to 8.0 LPA for most business development managers. Marketing managers make from 3.6 to 10 LPA on an average.

Following graph shows the salary trend according to job profiles-

Following graph is for top recruiting companies and their salary trend-

salary graph 2

Comments

Comments


1 Comment
Mayank Gaur

MBA in international business is one the best option to make a brighter future. Quantum University Roorkee offers dual specialization in MBA where you can opt International Business as major and the other as minor. Along with a MBA degree Quantum University provides various value added certification programs which boost your chances to get placed in top international companies. Quantum is a UGC approved University.Students from abroad too are currently studying at Quantum University. Apart from studies Quantum is the only University which offers passion programs to its students. Quantum is located in the foothills of Himalayas. World famous tourist places such as Rishikesh,Haridwar and the queen of hills Mussoorie are near by campus location. www.quantumuniversity.edu.in

31 Oct, 2019 11:12
Shobhna Chaturvedi

Hi Mayank, thank you for the feedback!

31 Oct, 2019 12:47

- No more comments -

×