MBA IB Course: Admission, Top Colleges, Syllabus, Entrance, Scope, Jobs 2021

Sushil Pandey's profile photo

Sushil Pandey

Updated on - Apr 6, 2021

MBA in International Business is a 2 years Post graduate program degree. It offers students with the knowledge about various foreign policies, trade, foreign investments export management, forex risk management.

The eligibility is minimum 50%-60% in a Bachelor’s degree. Many universities conduct their own entrance examinations also.

See Also: MBA IB Admissions 2021

MBA in International Business admission process is merit based but exams like CAT, MAT, GMAT etc are conducted by various bodies for the admission into the colleges.

MBA International Business top colleges include IIFT-New Delhi, IMI-New Delhi, Alliance University-Bangalore etc.The average fees is around INR 5-10 lakhs.

MBA in International Business subjects are  Economics & Management Decisions,Indian Policies & Trade Policies, International Business Negotiation etc.

The scope of MBA in International Business is huge as a part of MBA course, particularly in times of globalisation. The average salary stands around INR 10-15 lakh.

MBA IB Highlights

MBA IB Course Name MBA International Business
Course Level  Post graduate
MBA IB Duration 2 years (4 semesters or 6 trimesters)
MBA IB Eligibility Graduation in discipline
MBA IB Admission Process Entrance test + GD + PI
MBA IB Course Fee INR 10 to 15 Lakhs
Course features Export and Import Management, International Marketing, Foreign Exchange Management, International Finance etc.
MBA IB Average Salary  INR 5 to 12 LPA
Top Recruiting Companies McKinsey & Company, Citi Bank, Bank of America, Deutsche Bank, Goldman Sachs etc.
Eligibility

MBA IB: Eligibility

The eligibility criteria for MBA International Business Admissions are as follows:

  • Bachelor’s Degree with minimum 50 or 60 percent marks
  • Registering and taking the MBA entrance exam – CAT/GMAT/XAT/SNAP or as required by the institute and scoring well to get shortlisted for admission
Admission Process

MBA IB Admission Process

MBA International Business admissions are mainly done through entrance examinations basis whereas some institutes provide direct admission either on merit or on management quota basis.

Basic steps are:

  • A written test is conducted to qualify.
  • Candidates who qualify the entrance test are called for next stage, which includes Written Ability Test, Group Discussion and Personal interview
  • Final selection is done on the basis of performance during these two stages. Candidate’s past academic performance, and work experience is also considered for final selection.
MBA GD Topics MBA Placement Preparation MBA Admission in First Tier Colleges
Entrance Exams

MBA IB Entrance Exams

Entrance Exams Registration date Exam Dates  Result date
CAT 1st week of August,2021 November 8, 2021 January 2022
CMAT February 12, 2021 March,31 2021 April 2021
IIFT  - January, 2022 -
SNAP 2nd week of August,2021 Second week of December, 2021 Second week of January,2022
GMAT Anytime of the year Throughout the Year -
Syllabus

MBA IB: Syllabus

The MBA in International Business syllabus focuses on the procedure and documentation involved in export and import, International Policies and Trade Policies, raising capital from the international market, and distribution market.

1st Year 2nd Year
Economics & Management Decisions Domain Specific Courses
Quantitative Techniques Summer Internships
Financial Accounting Domain Tailored Courses
Marketing Management Industry Visits
Human Resource Management Cross-Cultural Management
Financial Management Indian Policies & Trade Policies
IT for Managers International Business Negotiation
Research Methodology E-business & E-commerce
Application Statistics Merges & Corporate Regulation
- Dissertation 1
- Dissertation 2
Distance Education

MBA IB: Distance Education

MBA IB Distance Education programs are usually opted by working professionals who want to enhance their skills as well as growth in career.

Name of the University Location Average Annual Fees 
Bharathiar University, School Of Distance Education - [BU-SDE] Coimbatore INR 12,550
Annamalai University, Directorate Of Distance Education Annamalai  INR 14,050
Alagappa University, Directorate Of Distance Education - [DDE] Karaikudi INR 36,300
Venkateshwara Open University Naharlagun  INR 28,500
Pondicherry University Pondicherry  INR 12,450
ICFAI University, Distance Education  Agartala  INR 35,500
UPES Centre for Continuing Education Dehradun  INR 46,500
Top Colleges

MBA IB Top Colleges

NIRF Management  Ranking 2020 College Name Fees
26 IIFT, New Delhi INR 8,85,000
28 IMI, New Delhi INR 8,69,500
32 Kalinga Institute of Industrial technology
36 Institute of Management studies, BHU INR 45,760
39 Alliance university INR 13,50,000
41 Amity university INR 5,60,000
44 NIRMA, Ahmedabad INR 5,02,000
45 Aligarh Muslim University INR 2,02,350
47 BIMTECH, Greater Noida INR 12,00,000
52 IMI, Kolkata INR 627,950
69 Jaipuria Institute of Management, Noida INR 5,35,000

IIFT MBA IB

Indian Institute of Foreign Trade(IIFT) is the pioneer institute in India offering MBA in International Business. 

  • The admission is done on the basis of a National level entrance exam, IIFT Exam, by the institute itself to admit students.
  • This entrance test is conducted at 20 cities across the country. 
  • Candidates who are able to qualify the entrance examination are called for Personal Interview, Essay Writing Test and Group Discussion.
  • Candidates are selected on the basis of above criteria after the admission process gets over.

IIFT MBA IB: Course curriculum

Courses
International Business Strategy
International Economics
International Financial Management
International Marketing Management
International Trade Logistics
International Trade Operations and Documentation
India and World Economy

MBA IB DU

Course Name MBA - International Business
Eligibility  Bachelor's degree with 50% or above
Exams Accepted CAT
Selection Group Discussion, Personal Interview
Course Fee INR 30,392
Highest Salary Package 26 LPA
Average Salary Package 14 LPA
Recruiting Companies TCS, Mckinsey and Company, Boston Consulting Group, Merrill Lynch and co., Accenture, Deloitte etc.

MBA IB in India

MBA in International Business is offered by many top colleges in India with a high number of Domestic and International placements.It has now become a key area of study that offers high career growth prospects.

Top MBA International Business in Mumbai

College Name  Fees
KJ Somaiya Institute of Management INR 7,81,785
Amity University INR 5,15,000
NLIDIMSR INR 10,20,000
AIMSR INR 3,80,325
BITSOM INR 24,50,000
TGBS INR 4,80,000
TIMSR INR 63,791
ISME INR 10,46,500
AISTS INR 10,00,000
TSCFM INR 11,00,000

Top MBA IB in Pune

College Name Fees
IMED INR 2,25,00
SIIB INR 7,70,000
MITCON Institute of Management INR 2,62,500
NWIMSR INR 1,70,000
BIIB INR 4,45,000
SIOM INR 1,28,000
MITWPU INR 3,75,000
SIMS INR 4,70,000
DYPIMR INR 1,30,000
IBMR INR 80,000

Top MBA IB Colleges in Bangalore

College Name Fees
Alliance University INR 13,50,000
Reva University INR 3,00,000
AIMIT INR 5,00,000
CMRIT INR 4,50,000
IIBS INR 7,00,000
SJIM INR 4,15,000
ISME INR 8,25,000
BIMS INR 6,50,000
ASOB INR 13,50,000
GEMS INR 4,40,000

Top MBA IB Colleges in Hyderabad

College Name Fees
Deccan School of Management INR 60,000
BCPGC INR 1,16,000
IIRM INR 4,00,000
MRU INR 80,000
IPE INR 4,55,000
ASCI INR 7,50,000
WOXSEN University INR 6,95,000

MBA IB in Abroad

MBA in International Business program is also known as an MBA in International Management course abroad and is one of the sub-sector programs of Business management.

College Name Fees
University of South Carolina INR 23,42,609 / 32000 USD
Harvard University INR 53,76,289/ 73,440 USD
Florida International University INR 15,47,513/ 21,139 USD
Georgetown University INR 42,34,998/ 57,850 USD
New York University INR 56,20,798/ 76,780 USD
University of Pennsylvania INR 58,88,149/ 80,432
Columbia university INR 56,64,430/ 77,376
George Washington University INR 40,36,023/ 55,132 USD
Saint Louis University INR 36,15,671/ 49,390 USD
Arizona State University INR 21,04,624/ 28,720 USD
Job Profile

MBA IB Jobs

Job Profile  Job Description Average Salary
Business Development Manager BDM(Business Development manager) identifies new prospects and sales leads and is often the first face of the company. INR 7.44 LPA
International Marketing Manager International Marketing manager’s primary role is to develop and implement strategic international plans as well as pricing policies through research. INR 7.51 LPA
Area Sales Manager An area sales manager sets goals for the sales division team and is responsible for the total sales in an area. INR 7.70 LPA
Senior Business Analyst Their prime responsibility is to identify trends, opportunities and dangers. INR 9.32 LPA
Project Manager, (Unspecified Type / General) Managing and communicating ongoing changes in tasks, goals, or performance and facilitating resolution of all issues to reach project goals. INR 12.53 LPA
Global Business Manager Global Business managers role is to operate an organization with global scale efficiency and competitiveness that is responsive and flexible to cultural differences.     INR 12 LPA
Investment Banker The key role of Investment Banker is to raise capital through securities whether Debt or Equity. INR 9.93 LPA
Export Manager     They plan and coordinate the international shipment of goods by ensuring that shipments are in compliance with the laws and regulations governing the export industry.     INR 6.67 LPA
International Business Consultant     The commercial relationships between the international consultant and their clients in international markets are governed through an International Consulting Contract. INR 9.78 LPA
International Finance Manager     Analyzing annual budget processes, associate financial reports and statements and evaluate financial results is the primary role for International Finance Managers. INR 10 LPA
FAQs

MBA IB: FAQs

Ques: What is IB in MBA?

Ans: International Business is a  2 years full-time or part-time or through distance education programme. It is offered by the various institutions in and out of the country. It has the following course feature: Export and Import Management. International Marketing.

Ques: What jobs can I get with an MBA in international business?

Ans: It offers a wide range of job opportunities such as :

  • Global Marketing Manager
  • International Sales Manager
  • International Trade Compliance Manager
  • International Logistics Coordinator

Ques: Which country is best for MBA in international business?

Ans: Many countries offer MBA in International Business courses with the United States as the best. Some other countries are the UK, Australia, France, Germany etc.

Ques: What are the subjects in MBA International Business?

Ans: MBA in International Business provides insights about: 

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

Ques:Is MBA better in marketing or international business?

Ans: IMBA in Marketing is pursued for general management careers whereas an MBA in International Business brings in exciting career opportunities as it concentrates on management operations, international management tactics and world economics.

Ques: Is MBA in international business good?

Ans: The scope of MBA in international business is very much demanding and vast. After completing this degree, you can join various enterprises or firms anywhere. 

Ques: Is international business a good career?

Ans: International Business studies provide you knowledge about world cultures and societies. A Master's programme in International Business also qualifies you for more prestigious job opportunities, such as the role of Chief Executive Officer.

Ques:Do you travel a lot in international business?

Ans: This career involves a lot of travel and interacts with people of different cultures, therefore respecting their traditions and customs is critical in order to do successful business.

Ques: What is the starting salary for an international business major?

Ans: Payscale.com reported that the starting average salary in 2019 for an international business major was INR 50,72,338.

Ques: What is an international business example?

Ans:Companies having independent operations in each country, and each country has its own set of offices, employees. Some such examples are Amazon, Citigroup, Coca-Cola.

Master of Business Administration [MBA] (International Business) : 3 answered questions

VIEW ALL

Ques. Is it worth to do MBA in international business from SIIB Pune?

● Top Answer By Sabeer Chalana on 05 Sept 20

Ans. SIIB Pune is one of the top MBA schools in India. It was ranked 43 for MBA by India Today in 2019. MBA in international business is the flagship program of SIIB. The MBA in international business prepares students for domestic as well as business markets on a global scale.  The table below contains the program highlights of MBA-IB.  Intake 120 Course fee INR 15.76 lakhs Course Duration 2 years Selection SNAP score, Group Exercise (GE), Personal Interview (PI), Written Ability Test (WAT) Placement Percentage 100% Highest Salary Package (Domestic) INR 17 LPA Highest Salary Package (International) INR 62.85 LPA Average Salary Package INR 10.78 LPA Median Salary Package INR 10.93 LPA Recruiting Companies Airtel, HDFC Life, Tata Motors, Accenture, KPMG, ICICI Bank, etcRead more
0
0
1 Answer
●●●

Ques. Which one should I choose from KJ Somaiya- FS, Fore IB and PGDM in GLIM, Gurgaon?

● Top Answer By Meghdeepa Mondal on 04 Sept 20

Ans. Between KJ Somaiya- FS, FORE IB, and PGDM in GLIM, Gurgaon which one you should choose depends on your perspective and expectation from the MBA degree. Given below is a brief discussion on the programs maintained in the question.  KJ Somaiya: KJ Somaiya is considered one of the best MBA institutions. Situated in the finance capital of the country, Mumbai, KJ Somaiya offers excellent placements in the Finance domain.  Admission: Students are shortlisted for admission into the MBA in Financial Services program based on their CAT, XAT, CMAT, or GMAT score and the final selection is based on their performance in Group Discussion and Personal Interview. The total course fee is 14.93 lakhs. Placements: According to the placement statistics of 2020, around97% of students have secured job opportunities. The highest and average salary packages of the institute are 28.50 LPA and 10.08 LPA respectively. The recruiting companies are - Johnson & Johnson, AT&T, Intel, Microsoft, Godrej, etc. Banking & Insurance (31%) and Finance Services (16%) are the top sectors in which students get employed.  FORE School of Management -  PGDM IB (International Business Management) is a 2 year full time course which aims at preparing students to take up careers in corporate houses and family businesses engaged in International Business Operations. It provides management education in the context of the global business environment. Admission: The prerequisite to take admission to the PGDM IM program is at least 50% in graduation and valid CAT/XAT/GMAT score. The total course fee is 15.9 lakhs. Placements: Major recruiters at the 2019 placement were Asian Paints, HUL, ITC, Nivea, Philips Lighting, Deloitte, Vivo, HSBC, Schneider electric, etc. The BFSI (Banking, Financial Services, and Insurance) sector made the highest offers with a total of 38% offers. The average salary package offered was around 10.8 LPA. Great Lakes Institute of Management, Gurgaon -  It is one of the top 5 emerging MBA colleges in Delhi NCR.  Admission: For taking admissiona candidate should have a minimum of 50% in their graduation and a valid CAT, GMAT, XAT or CMAT. Placements: The PGDM batch has a 100% placement record. The leading recruiters are Aditya Birla, Axis Bank, Deloitte, Federal Bank, Gartner, Hexaware, ICICI bank, KPMG, NIIT Technologies, SecureNow, etc. The highest and average salary package offered at the institute is respectively 13.6 LPA and 9.15 LPA. BFSI was the top sector with a 41 % placement rate.Read more
0
0
1 Answer
●●●

Ques. Which is better for an MBA in international business, Delhi School of Economics or IIFT?

● Top Answer By Sugandhi Sood on 14 Aug 20

Ans. IIFT being an old institute has gained its reputation over the years as one of the premier institutes of management in India. As a result, IIFT has been performing exceptionally well as compared to DSE in terms of its reach, peer group, and placements. The following are a few significant factors that you should know before choosing a B-School. Peer Group - International Business is a niche course not offered by old IIMs. Hence, it makes students interested in it to go for IIFT, eventually making the entrance exam of IIFT quite competitive. DSE, on the other hand, takes admission through CAT and is more often gets at much lower percentiles. Hence, the Peer group at IIFT is much better when compared to DSE.  Ranking - IIFT is ranked consistently among the top 10 B-Schools in India. Over the years, it has developed a brand value for itself compared to DSE, which has started IB just a few years back and is yet to prove its mettle. Infrastructure - In terms of infrastructure, IIFT is much better than DSE, as it has a big campus and above par hostels. It is a perfect place to enjoy your college life compared to DSE, which doesn’t have its campus and operates within Delhi University. Faculty - Faculty is at par for both the Institutes as DSE is known for its Economics courses. Hence it has well-reputed faculties, and so has IIFT. Placements - Average Salary for IIFT in 2018 was 19.2 LPA and had been increasing at a decent pace over the years. DSE average placements in 2018 were 8.25 LPA.  FEEs- DSE gets an edge on this factor as DSE fees are 34000 for two years as compared to IIFT, which takes a hefty amount of 16 lakhs for two years. I hope it helps! Happy Reading!Read more
0
0
1 Answer
●●●

Master of Business Administration [MBA] (International Business) Fee Structure in India


5.55 K (Minimum Fee)PUBLIC COLLEGES18.78 L  (Maximum Fee)
3.30 L (Average Fee)
10.21 K (Minimum Fee)Private COLLEGES18.60 L (Maximum Fee)
2.49 L (Average Fee)

Master of Business Administration [MBA] (International Business) Fee Structure By state


Uttar Pradesh

91.52 KPUBLIC COLLEGES3.02 L
1.79 L
31.40 KPrivate COLLEGES18.60 L
2.20 L

Delhi NCR

31.39 KPUBLIC COLLEGES17.70 L
5.76 L
31.40 KPrivate COLLEGES11.20 L
2.65 L

Maharashtra

80 KPUBLIC COLLEGES14.40 L
5.73 L
52 KPrivate COLLEGES16.29 L
3.05 L

Haryana

36 KPUBLIC COLLEGES8.79 L
4.40 L
52.30 KPrivate COLLEGES8.11 L
2.22 L

Uttarakhand

1.56 LPUBLIC COLLEGES13.34 L
6.09 L
80 KPrivate COLLEGES13.34 L
3.42 L

Karnataka

73.57 KPUBLIC COLLEGES13.50 L
5.16 L
45 KPrivate COLLEGES13.50 L
4.08 L

Rajasthan

1 LPUBLIC COLLEGES1 L
1 L
10.21 KPrivate COLLEGES6.68 L
2.15 L

Tamil Nadu

25.70 KPUBLIC COLLEGES7 L
2.02 L
37.50 KPrivate COLLEGES7.14 L
1.91 L

Kerala

50 KPUBLIC COLLEGES2.50 L
96.74 K
68 KPrivate COLLEGES6 L
2.62 L

Madhya Pradesh

40 KPUBLIC COLLEGES6.63 L
2.19 L
70 KPrivate COLLEGES2.38 L
1.11 L

Gujarat

50 KPUBLIC COLLEGES10.04 L
3.32 L
90 KPrivate COLLEGES10.04 L
2.32 L

Punjab

4.80 LPUBLIC COLLEGES4.80 L
4.80 L
52.30 KPrivate COLLEGES5.32 L
2.34 L

West Bengal

1.85 LPUBLIC COLLEGES18.78 L
10.31 L
4.10 LPrivate COLLEGES7.45 L
5.35 L

Himachal Pradesh

19.45 KPUBLIC COLLEGES3 L
1.99 L
38.40 KPrivate COLLEGES1.57 L
1.05 L

Jharkhand

5.55 KPUBLIC COLLEGES1.55 L
1.03 L
87.50 KPrivate COLLEGES2.70 L
1.74 L

Comments


1 Comments
M
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
S
shobhna chaturvedi
Hi Mayank, thank you for the feedback!

- NO MORE COMMENTS -

Master of Business Administration [MBA] (International Business) Colleges IN INDIA

View All
Banaras Hindu University - [BHU]
Varanasi, Uttar Pradesh
UGC
50 K first year fees
VIEW ALL COURSES & FEES
Panjab University - [PU]
Chandigarh, Chandigarh
AICTE
2.4 L first year fees
VIEW ALL COURSES & FEES
2.96 L first year fees
VIEW ALL COURSES & FEES
65.1 K first year fees
VIEW ALL COURSES & FEES
70 K first year fees
VIEW ALL COURSES & FEES
1.3 L first year fees
VIEW ALL COURSES & FEES
Delhi University - [DU]
New Delhi, Delhi NCR
AICTE
24.75 K Total fees
VIEW ALL COURSES & FEES
Annamalai University - [AU]
Chidambaram, Tamil Nadu
NCTE
57.05 K first year fees
VIEW ALL COURSES & FEES