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.
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 IB will enable them as managers who understand the strategies and trends of global economy and apply this to improve the country’s export management.
MBA IB program was first started as 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 current scenario most of the B schools of country are offering this course as International Business is the most demanding sector in any country economic growth.
MBA International Business
2 years (4 semesters or 6 trimesters)
Graduation in discipline
Entrance test + GD + PI
10 to 15 Lakhs
Export and Import Management, International Marketing, Foreign Exchange Management, International Finance etc.
Average salary offered
5 to 12 LPA
Top recruiting companies
McKinsey & Company, Citi Bank, Bank of America, Deutsche Bank, Goldman Sachs etc.
MBA IB 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.
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.
Following are some top institutes for MBA IB course-
Candidates can apply for MBA IB course if they possess one of the following-
Mostly B schools offer admission in MBA IB through entrance exams. Although there are some institute which provide direct admission to the students either on merit basis or on management quota basis.
IIMs and several other B schools
XLRI, its associates and other B schools
B schools approved by AICTE
IIFT Delhi and Kolkata Campus
Symbiosis University and its institutes
Selection process in most of the B schools is almost similar.
Every institute follows the following steps to provide admission-