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MBA in International Business: Course Details, Fees, Colleges, Admission, Eligibility, Salary

MBA in International Business is a two-year postgraduate programme that teaches students about foreign policies, trade, foreign investments, export management, and currency risk management.

A Bachelor’s degree with a minimum of 50-60 per cent is required. Although the MBA in International Business admissions procedure is merit-based, many bodies hold exams like as the CAT, MAT, GMAT, IIFT, and others to help students get into universities.

IIFT-New Delhi, IMI-New Delhi, Alliance University-Bangalore, and other top MBA International Business colleges are IIFT-New Delhi, IMI-New Delhi, and Alliance University-Bangalore, among others.

The typical price is in the range of INR 5-10 lakhs.

Global Business Manager, Export Manager, International Business Consultant, and more job responsibilities are available after completing an MBA in International Business. The average annual salary is in the range of INR 10-15 lakh.

MBA International Business: Course Details

  • MBA IB stands for Master of Business in International Business.
  • It is a post-graduate programme.
  • An MBA in International Business can be pursued at any age. Anyone, regardless of age, is eligible to apply.
  • Candidates must have a bachelor’s degree to be eligible for the MBA IB programme.
  • They must achieve a minimum aggregate of 50% in order to graduate, however, this varies from college to college. Many institutions require a minimum of 70% aggregate or perhaps higher.
  • Candidates from the SC/ ST/ PwD sections are given a 5% discount.
  • Candidates can apply for admission using either national-level assessments or university entrance exams.
  • CAT, XAT, GMAT, SNAP, NMAT, CMAT, and other tests are approved for MBA in International Business. MBA Entrance Exams are a good place to start.
  • Aside from these, certain colleges and universities have entrance exams.
  • The admissions process begins with either national level tests or entrance exams, then a group discussion, and finally a personal interview. Inquire about MBA IB Admissions in 2022.
  • Those who pass all three rounds are chosen and admitted to the university or college of their choice.
  • Depending on the college, the usual costs range from 5 to 15 lakhs.
  • Salary packages often vary from 10 to 20 LPA on average.

About MBA IB:

MBA in International Business graduates have a number of possibilities in today’s industry. Candidates will have a wide range of job options after completing this course. International business degree graduates are in high demand due to the growing globalisation and the growing number of organisations operating on a worldwide scale.

Why Study MBA IB?

  • The employment opportunities and remuneration packages accessible to applicants with a degree in this area define the scope of this programme.
  • Because the degree covers worldwide aspects of business management, it also allows you to travel and dwell in any area of the world.
  • Working for some of the world’s most prestigious corporations is possible with an MBA in International Business Management.
  • The field offers the best pay for managerial positions as well as the opportunity to work in an international setting. MBA IB Jobs can be found here.
  • Candidates with an MBA in International Business can also choose to work abroad, where they will have more prospects for networking and will be paid well.

Who Should Study?

  • MBA in IB is open to everyone who is interested in learning the differences between international and global business.
  • This course is for candidates who want secure work with a good income both in the country and abroad.
  • In terms of educational mode and duration, the course is highly realistic.
  • Working individuals who want to advance their careers and transition to higher salaries might pursue an online MBA in International Business.

When to Study?

  • An MBA in International Business can be pursued at any age.
  • A candidate must be a graduate in order to be considered. (graduate of a three-year programme)
  • However, while the expense of this course is more, the payoff will be considerably greater after a student is placed. Examine the MBA IB Syllabus.
  • The average age of candidates who pursued an MBA in International Business was 26-29 years old.

How many Courses are there under MBA International Business?

The most common courses found under the purview of MBA International Business are:

  • Accounting for Managers
  • Developing Leadership Practice
  • Developing Strategy
  • Finance for Managers (MBA) 
  • Human Resource Management 
  • International Business
  • Marketing Concepts and Practice
  • Operations Management 
  • Responsible Business 
  • Strategic Analysis of Business

List of Popular MBA International Business Courses/ Specialisations

The most common courses found within MBA International Business include:

  1. Operations Management: Operations management (OM) is the administration of business practices to create the highest level of efficiency possible within an organisation. It is concerned with converting materials and labour into goods and services as efficiently as possible to maximize the profit of an organisation.
  2. Accounting for Managers: It enhances students’ skills in financial planning, control, decision-making, and problem-solving. Students receive special training to become strategic partners by using business sense, accounting principles, and financial data to help executives make sound decisions.
  3. International Business: It focuses on key business disciplines within an international context like introducing the foundations of finance, marketing, supply chains, human resources, operations, etc. 
  4. Finance for Managers: It involves planning for the future by understanding the cash flow and financial goals. It helps one to make better financial decisions and manage the risk involved in things like investments and emergencies.
  5. Human Resource Management: It is the practice of recruiting, hiring, deploying, and managing an organisation’s employees. It deals with creating, putting into effect, and overseeing policies governing workers and the relationship of the organisation with its employees.

Types of MBA IB

Because of the increased demand for MBA IB courses, various types of MBA IB courses have emerged, each focusing on a distinct sort of student. Individuals who are employed can pursue an Executive MBA IB, a Distance MBA IB, or an Online MBA IB.

Full-Time MBA in IB

  • Candidates must have a bachelor’s degree to be considered for this position.
  • They must achieve a minimum aggregate of 50% in order to graduate, however, this varies from college to college. Many institutions require a minimum of 70% aggregate or perhaps higher.
  • Candidates from the SC/ ST/ PwD sections are given a 5% discount.
  • Candidates can apply for admission using either national-level assessments or university entrance exams.
  • CAT, XAT, GMAT, SNAP, NMAT, CMAT, and other tests are approved for MBA in International Business.
  • The fees vary between 2 and 30 LPA.

Part-Time(Executive MBA in IB)

  • It’s a two-year programme for students who want to work full-time and study for a degree at the same time.
  • A bachelor’s degree from a recognised college with a minimum grade of 50% is required for this course.
  • A group discussion and personal interviews follow the entrance exam for an Executive MBA in International Business, such as the CAT, XAT, or GMAT.
  • For two years, the course costs between INR 8,000 to INR 1.3 lakhs.
  • Citibank, HDFC Bank, ICICI Bank, Amazon, Google, HSBC, IBM, and others are among the top recruiters.

One Year MBA in IB

  • This programme has been designed specifically for working professionals.
  • Students must have significant job experience and a verified GMAT or GRE score.
  • They must have received a minimum of 50% in aggregate from a recognised institution or university.
  • A minimum of five years of experience is usually necessary.
  • The cost of this curriculum is fairly substantial, and it is well-known internationally.
  • There are certain universities in India that offer these courses, however, the tuition is extremely exorbitant.
  • The fees start at INR 20 lakhs and go up from there.

MBA IB Online 

  • It’s a two-year curriculum for students that takes place entirely online.
  • The requirements for admission are the same as for a full-time MBA programme in International Business.
  • However, fees may vary from college to college, but they are often lower than for a conventional course.

MBA IB Admission Process

The majority of business schools offer MBA IB admission via entrance tests. Although some institutes offer direct admission to students based on merit or management quotas.

To give admission, each institute follows the stages below:

  • The written test qualifies as the first part of the selection process.
  • Candidates who pass the admission exam are invited to the second round, which consists of a Group Discussion and a Personal Interview.
  • The scores from these two stages are used to make the final decision. The candidate’s previous academic performance and professional experience are also taken into account before making a final decision.

Eligibility

  • A bachelor’s degree is required for candidates. A three-year course from a reputable university is required.
  • They must achieve a minimum aggregate of 50% in order to graduate, however, this varies from college to college. Many institutions require a minimum of 70% aggregate or perhaps higher.
  • Candidates from the SC/ ST/ PwD sections are given a 5% discount.

Admission 2022

  • Candidates can apply for admission using either national-level assessments or university entrance exams.
  • CAT, XAT, GMAT, SNAP, NMAT, CMAT, and other tests are approved for MBA in International Business.
  • In addition to these, certain colleges and universities hold their own entrance exams.
  • The admissions process begins with either national level tests or entrance exams, then a group discussion, and finally a personal interview.
  • Those who pass all three rounds are chosen and admitted to the university or college of their choice.

MBA IB Entrance Exam

The CAT and MAT are the most common MBA entrance exams in India. Other entrance tests are typically restricted to a single institution or state.

CAT

The Common Admission Test (CAT) is an entrance exam for two-year MBA programmes at India’s 20 IIMs. The CAT will take place in November 2021, with registration beginning in July. The CAT exam requires a minimum of 50% in graduation; however, qualifying scores for reserved categories are modified by up to 5%. For MBA admissions, all universities in India accept CAT scores.

MAT

The MAT IBT registration deadline has been extended till March 16, 2021, by AIMA. Registration for the MAT in CBT mode has been extended till March 20, and the exam will be held on March 24, 2021.

CAT vs MAT

CAT and MAT are two of the most popular MBA entrance exams. Almost all MBA colleges in India accept these two MBA admission tests. The exam patterns for the CAT and MAT are slightly different. Only CAT scores are accepted by IIMs.

ParameterCATMAT
Number of SectionsThreeFive
Duration180 minutes150 minutes
No. of Questions100200 (40 from each section)
No. Of Papers11
Test CentreCandidates can choose four cities as per the choicesCandidates can choose three cities
Level of DifficultyHighModerate
Marking SchemeCorrect Answer: +4 Incorrect Answer: -1Correct Answer: +1 Incorrect: -.25
No. of Exams conducted yearlyOnce a YearFour times a year
Major CollegesAll IIMs, IITs, FMS, MDI, IMTChrist College Institute of Management, IMS, BIMTECH (Noida)
How to Applyiimcat.ac.inmat.aima.in

Difference between MBA International Business and Master of International Business

The differences between MBA International Business and Master of International Business Programs have been tabulated below:

Point of DifferenceMBA International BusinessMaster of International Business
 Career goalsMBA International Business is an advanced management degree. The curriculum for MBA International Business touches almost every aspect of a business: accounting, strategy, legal, marketing, organisational behaviour, etc. MBA International Business gives one the knowledge and skills for general management that can be applied to any department.A Master of International Business program is highly specialised and focuses more on business development. Every course is taught from a global business perspective. One builds a new foundation of knowledge and learns about different laws, economies, and cultures.
      CurriculumMBA International Business curriculum includes: Accounting for Managers, Business Analysis and Decision Making, Corporate Finance, Corporate Simulation, Financial Reporting and Analysis, Global Financial StrategyMaster of International Business curriculum includes: Fundamentals of International Business, Global Megatrends, Geopolitics, and Political Economy, Global Management Skills, Global Start-Up, Global Strategy and Business Models
  Time-formatsThe MBA International Business curriculum consists of 42 credits and is to be completed in 12 months. Candidates have to be full-time students taking daytime classes.The MIB is a smaller course with 30 credits that allow students to complete it face-to-face or online. 

State MBA Exams

MBA colleges can be found all over India. Some of them adhere to state-organized MBA entrance exams. The following are some of the state-sponsored entrance exams:

Entrance Exam Name Application Deadline Exam Date
APICET 3rd week of August 2022 3rd week of September 2022
Dibrugarh University Entrance Exam September 2022 September 2022
HPCET 4th week of April 2022 2nd week of May 2022
Karnataka PGCET 1st week of June 2022 1st week of July 2022
KMAT 2nd week of July 2022 4th week of July 2022
MAH CET 3rd week of February 2022 2nd week of March 2022(CBT)
TANCET 3rd week of February 2022 4th week of March 2022
PU CET 1st week of July 2022 1st week of August 2022
TSICET 3rd week of June 2022 4th week of August 2022
UPSEE Last week of May 2022 Last week of June 2022

Distance MBA IB

Depending on the institutes that provide the curriculum, the course normally lasts between one and two years. The distance learning program’s usual expenses range from INR 10,000 to 40,000 every semester, which is significantly less than the full-time MBA in International Business programme.

Distance Admission 2022

  • Entrance tests such as OPENMAT, XAT, MAH CET, CAT, and others are used to determine distance MBA IB Admission 2022.
  • Students must have completed their degree from a recognised university to be eligible for the Distance MBA IB programme. Some institutes additionally require 3-years of work experience as a prerequisite for distance MBA admissions.
  • The distance method is available to all working individuals who intend to study for an MBA in International Business. They are not needed to attend classes or go to college on a regular basis.

MBA IB Top Distance Education Colleges

Working individuals who wish to improve their skills and advance in their careers typically choose MBA IB Distance Education programmes.

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

MBA IB Curriculum

Export and import procedures and documentation, international policies and trade policies, getting finance from the international market, and the distribution market are all covered in the MBA in International Business programme.

MBA IB Subjects

1st Year2nd Year
Economics & Management DecisionsDomain-Specific Courses
Quantitative TechniquesSummer Internships
Financial AccountingDomain Tailored Courses
Marketing ManagementIndustry Visits
Human Resource ManagementCross-Cultural Management
Financial ManagementIndian Policies & Trade Policies
IT for ManagersInternational Business Negotiation
Research MethodologyE-business & E-commerce
Application StatisticsMerges & Corporate Regulation
Dissertation 1
Dissertation 2

The following are some of the elective subjects that students can take in their second year in addition to their core subjects:

Financial Derivatives and Risk ManagementFinancing of International Trade
International Supply Chain ManagementInternational Human Resource Management
International Contract ManagementManaging Global Compliance in Export
International Supply Chain Management and LogisticsInternational Advertising and Brand Management
Foreign Language for Business

MBA in IB in India

More than 6500 MBA colleges exist in India, with over 3 lakh students enrolled each year. The majority of MBA colleges are located in major cities such as Delhi, Mumbai, Bangalore, Kolkata, and others.

Top Colleges in Mumbai

Colleges Fees (INR)
KJ Somaiya Institute of Management 7,81,785
Amity University 5,00,000
Hult International Business School
Somaiya Vidyavihar University 7,81,785
Aditya Institute of Management Studies and Research 3,80,325
Vivekanand Business School 3,52,500
DY Patil University’s School of Management 4,20,000
Pillai Institute of Management Studies and Research 1,92,500
DY Patil University 4,20,000
ICFAI Business School 4,05,000

Top Colleges in Delhi

Colleges Fees (INR)
Indian Institute of Foreign Trade 8,85,000
Jamia Millia Islamia University 33,620
Delhi School of Business- VIPS Technical Campus 4,30,000
Department of Commerce, University of Delhi 15,696
Tecnia Institute of Advanced Studies 1,26,900
Delhi University 24,752
Banarsidas Chandiwala Institute of Professional Studies 1,26,900
K. K. Modi International Institute 6,40,000
Bharti Vidyapeeth Institute of Management and Research 3,25,000
Management Education and Research Institute 1,44,000

MBA in International Business IIFT

The International Business MBA programme is offered by the IIFT Delhi. The MBA programme takes two to three years to complete, depending on which institution you choose.

  • In addition, there are two sorts of MBA programmes: full-time and weekend.
  • The intake capacity is in the range of 40 to 60 people.
  • Candidates for the MBA programme are chosen through a written ability exam, a group discussion, and a personal interview (academic performance and work experience).
  • The written exam is a 120-minute computer-based online test in the English language with multiple-choice questions.

MBA IB IIFT Eligibility Criteria

  • Candidates who have graduated with a minimum of 50% (45% for SC/ ST/ PWD) from a government-recognized university or institution are eligible to apply to IIFT Delhi.
  • Aside from that, candidates must have at least three years of experience in managerial positions.
  • For the MBA programme, there is no set upper limit.

MBA IB IIFT Admission Guidelines

The selection process is divided into two stages:

  • On the basis of the IIFT entrance exam, students are shortlisted for a round of group discussion, personal interviews, and writing tests.
  • The candidates are chosen based on their performance in group discussions, written tests, personal interviews, academics, and job experience.

Top Colleges in Kolkata

Colleges Fees (INR)
Indian Institute of Foreign Trade 9,39,000
International Institute of Business Studies 7,45,000
University of Engineering and Management 2,30,000
Pioneer College of Management 1,10,000
Army Institute of Management 4,26,144
Eastern Institute of Management 2,25,500
Nightingale Institute of Management Studies 72,000
International Management Institute 6,27,950
Globsyn Business School 7,95,000
GLF Business School 4,03,000

Top Colleges in Chennai

Colleges Fees
Bharat University- Bharat Institute of Higher Education and Research Rs. 1,00,000
Crescent School of Business Rs. 3,74,000
Rajalakshmi School of Business Rs. 6,00,000
Saveetha School of Management Rs. 2,00,000
Xavier Institute of Management and Entrepreneurship Rs. 8,00,000
Aam Business School Rs. 37,500
Avidus Academy of Management Rs. 1,95,000
All India Institute of Management Rs. 60,000
Indian School of Science and Management Rs. 5,50,000
Vel Tech Dr RR and Dr SR Technical University, Vel Tech Business School Rs. 93,000

Top Colleges in Bangalore

Colleges Fees (INR)
Alliance University 13,50,000
Reva University 3,00,000
CMR University 2,25,000
Adarsh Institute of Management and Information Technology 5,00,000
NSB Academy 6,50,000
International Institute of Business Studies Rs. 7,00,000
Rai Technology University Rs. 4,15,000
St. Claret Institute of Management Rs. 2,30,000
Gems B- School Rs. 4,40,000
Sindhi Institute of Management Rs. 4,00,000

Top Colleges in Hyderabad

Colleges Fees
Deccan School of Management 60,000
Badruka College Post Graduate Centre 1,16,000
Institute of Insurance and Risk Management 3,20,000
Gitam Hyderabad Business School 3,96,000
Institute of Public Enterprise 4,55,000
Malla Reddy University 80,000
Administrative Staff College of India 7,50,000
Woxsen University 6,95,000
Vishwa Vishwani Institute of System Management 6,07,000
Symbiosis Institute of Business Management 6,08,000

Top Colleges in Pune

Colleges Fees (INR)
Symbiosis Institute of International Business 7,90,000
Bharati Vidyapeeth University, Institute of Management and Entrepreneurship Development 2,25,000
Lexicon Mile- Management Institute of Leadership and Excellence 8,30,000
Neville Wadia Institute of Management Studies and Research 1,70,000
Flame University 6,60,000
Balaji Institute of International Business 4,45,000
Alard Institute of Management Sciences 3,50,000
Sinhgad Institute of Management 1,28,000
Zeal Education Society’s Zeal College of Engineering and Research 94,679
MIT World Peace University 3,75,000

Eligibility Criteria

The following criteria should be followed by applicants seeking admission to a programme.

  • Candidates must have received at least a 50 per cent or equivalent grade in their graduation (45 per cent for SC/ST candidates).
  • Final-year students may apply, however, admission will be provisional and contingent on achieving a minimum of 50 per cent or equivalent grade in the qualifying test (45 per cent for SC/ST applicants).

Admission Process

The selection procedure is divided into two stages:

Step 1: SNAP Test: For all students interested in SIIB, Pune must take the Symbiosis National Aptitude (SNAP) Test, which is a common written test for all Symbiosis postgraduate institutes. To learn more about the SNAP Test, go to http://www.snaptest.org and register. Obtain a SNAP-ID and complete the SNAP and Institution registration and payment processes. Keep the SNAP Test Admit Card for the next stage of the selection process at SIIB, Pune. Attending the SNAP Test does not guarantee that an applicant would advance to the next round of the selection process at SIIB, Pune.

Step 2: Short-listed applicants will be invited to the next selection procedure at SIIB, Pune, based on their SNAP scores. Candidates who have been shortlisted or who have not been shortlisted are notified of their status via a web link on SIIB Pune’s website on the dates specified. The entire selecting procedure will take place just in PUNE. This procedure involves a group activity, a personal interview, and a written ability test (GE-PIWAT).

MBA IB in Abroad Colleges

2,46,000 Indian students chose to pursue an MBA abroad out of the 7,53,000 who travelled overseas for higher education, and this number is anticipated to rise in the future years.

MBA Abroad applicants must have a bachelor’s degree in business or a similar discipline from a recognised university, as well as three to five years of work experience.

Universities such as Anglia Ruskin University, Coventry University, University of West London, and others, on the other hand, consider MBA admission without job experience.

Top Colleges in the US

Colleges Fees (INR)
Yale University 57,30,806
New York University 58,39,571
University of Chicago 53,60,068
Thunderbird School of Global Management 52,11,178
Northeastern University 52,11,178
University of Florida 26,80,034
Georgetown University 58,71,508
Florida International University 27,24,701
University of Delaware 33,340
Hult International Business School, Boston 35,36,156

Top Colleges in the UK

Colleges Fees (in INR)
Bangor University 14,07,018
University of Birmingham 31,05,564
University of Portsmouth 15,48,464
Coventry University 17,86,689
University of Greenwich 18,76,024
London South Bank University 14,21,907
Liverpool Hope University 11,09,236
University College, London 42,06,165
Cardiff University 29,25,704

Top Colleges in Canada

Colleges Fees (in INR)
University of Alberta 15,78,242
University of Calgary 14,81,463
Queen’s University, Kingston 44,07,167
Laval University 8,26,343
Carleton University 14,86,689
University of Regina 8,93,344
Sprott School of Business 17,86,689
Haskayne School of Business 14,81,463
Stephen J.R. Smith School of Business 44,07,167
York University, Toronto, Canada 45,46,082

Top Colleges in Australia

Colleges Fees (INR)
Deakin University, Australia 23,12,818
University of Melbourne 27,33,305
University of Sydney 27,43,158
University of Queensland 24,61,453
University of Newcastle 21,56,458
University of Wollongong 6,56,230
Queensland University of Technology 19,25,809
RMIT University 21,49,740
Flinders University 21,44,142
La Trobe University 21,60,937

Deakin University

According to QS rankings, Deakin University is in the top 1% of universities in the world, and it is also among the top 50 young universities in the world. It is placed 55 in the World Universities Impact Rankings and 11 in the Times Higher Education national rating.

  • Deakin University’s MBA International Business programme is an 18-month full-time programme for students.
  • Deakin University’s International Business programme gives students the opportunity to study on campus, online, or through experiential delivery options such as residential units, international study programmes, and intensive units.
  • Admission to the programme requires a GMAT score of 500, a TOEFL score of 70, and an IELTS score of 6.5.

Deakin University International Business Application Process

The university uses a trimester method to enrol students interested in attending Deakin University.

Students must first select a course in their intended study level or subject area.

Application Portal: Online portal of the University or with the help of a registered agent of Deakin University

Application Fee: 55 AUD (~3100 INR)

Application Requirements:

International students should check to see if they match the basic prerequisites for the course they are interested in, such as:

  • Fulfil Deakin University IELTS requirements (or submit other equivalents)
  • Any documentation relating to selection tasks
  • CV if required.
  • Certified copies of academic transcripts
  • To apply for a master’s program, one should have a degree certificate of bachelor’s level.
  • Academic entry requirements (Country specific equivalent requirements)
  • Certified copies of all graduation certificates in both the original language and English
  • Passport

MBA IB Jobs and Placements

According to Payscale, an MBA in International Business professional’s average pay is roughly INR 7.91 LPA. For fresh graduates from reputable B-schools, the salary package might go up to INR 12 LPA.

Candidates must possess a specified set of skills, including international business expertise, understanding of different countries’ economics, leadership, and company management. They should have a strong interest in business, outstanding communication skills, foreign language expertise, persuasive ability, and self-assurance.

Top Recruiters

The following are the top MBA recruiters in the IB:

McKinsey & CompanyBoston Consulting GroupBain & Company
Merrill Lynch & CoDeloitte Consulting LLPPricewaterhouseCoopers
Lehman BrothersJP Morgan Chase & CoGoldman, Sachs & Co
CitiBooz & CompanyAccenture
Johnson & JohnsonCredit SuisseDeutsche Bank
Morgan StanleyUBSMicrosoft Corporation

Salary

Job TitleAverage Salary
Risk Management DirectorINR 5,250,000
Corporate Auditing DirectorINR 3,215,638
Real Estate Development ManagerINR 4448,646
Marketing Sales DirectorINR 3,800,000
Government Affairs DirectorINR 3,903,660
Business Development ManagerINR 597,879
Supply Chain Management DirectorINR 3,094,801
Business Analytics ManagerINR 2,479,234
Information Security DirectorINR 2,500,000
Chief Executive OfficerINR 2,948,782

MBA in International Business Scope

Following an MBA in International Business, one can pursue a variety of courses such as a Ph.D., Professional Courses, and so on. However, this is entirely dependent on the pupils’ preferences. The MBA in International Business is a full-fledged programme that does not require any additional coursework.

After completing their MBA in International Business, graduates must find work and begin their professional careers. They must decide if they wish to work in their own nation or elsewhere. They must also choose a field of study.

Aside from that, if a candidate wants to broaden their knowledge and expertise in a certain sector of MBA in International Business, they can enrol in courses or programmes in sub-disciplines such as:

  • International Trade Courses in India are meant for those seeking better work opportunities or wanting to start their own Export-Import business. The purpose of International Trade diploma courses in India is to provide students with practical information that will assist them in becoming export-import executives or starting their own export-import businesses. The Certificate diploma Courses in International Trade Management in India addresses the concerns of practising international trade professionals as well as new entrants, and assists in understanding the dynamics affecting the international marketplace, as well as the entire process, from a real-world, customer-driven perspective. This course is offered by a number of NIFTs.
  • International Human Resource: An HR professional must first analyse and plan for the organization’s needs before bringing in the best resources. HR experts are in high demand because they use their expertise to sift through applications and select the best candidates for a company. Human resource is a fast-growing sector, thus pursuing a career in it can lead to a wide range of appealing job opportunities.
  • International marketing is used by all Indian businesses, including export-import firms, shipping firms, logistics firms, Customs House Agents CHA, freight forwarders, and others involved in international trade. As a result, the International Marketing Course in India provides a strategy and framework for recognising and analysing the primary cultural and environmental aspects of any country or global region, as well as emphasises the need of exhibiting global marketing management.
  • International Banking: The international banking course diploma prepares students for a career in international banks by providing in-depth training in the field. Business procedures, their ramifications for international capital markets, and how sophisticated financial instruments are used are all covered in this programme. Students are taught about financial worries and their consequences as part of the curriculum.

MBA in International Business: Jobs Opportunities

MBA in International Business can lead to careers such as manager, management analyst and chief executive officer. Mentioned below are the job profiles that can be offered after completing MBA in International Business successfully:

Job RolesAverage Salary (in INR)
Export Manager6.00 lakh per annum
Business Development Manager6.00 lakh per annum
International Finance Manager10.00 lakh per annum
Global Business Manager30.00 lakh per annum
International Business Consultant13.00 lakh per annum
Investment Banker9.25 lakh per annum
International Marketing Manager7.25 lakh per annum

Required Skill Set for MBA International Business

Apart from Business Knowledge, Strategic thinking, Planning Skills, etc. candidates aspiring to pursue MBA in International Business must be equipped with the following important skills:

  • Communication Skills: An individual must possess excellent verbal and written communication skills and the ability to convince others. Being proficient in the language spoken by potential employers, partners, suppliers, and customers serves as an advantage. 
  • Leadership Skills: Candidates must be equipped with strong leadership skills. Individuals with great leadership skills empower teams to achieve their full potential, make decisions, and strategize well to help organisations thrive. 
  • Emotional Intelligence: Self-awareness, that is, understanding one’s strengths, weaknesses, emotions, beliefs, and motivations, etc. and understanding others’ personal experiences and emotions is crucial.
  • Analytical skills: For managerial roles, candidates need to develop the skills of analysing certain situations and enhance their problem-solving skills. It also includes the ability to apply proper logical thinking that can break any complex problem into simpler parts and then provide solutions for them.

MBA IB FAQs

Q1. Has an MBA in International Business got much scope?

Ans. In both the worldwide market and the import/export business, an MBA in International Business offers a lot of potentials. The preceding article provides in-depth information on the areas in which an MBA in international business might help a person flourish.

Q2. How is MBA different from MBA in International Business?

Ans. There is no difference when it comes to admissions eligibility and tests. The only distinction is in the course’s curriculum and scope. On the one hand, an MBA concentrates on internal management, but an MBA in International Business teaches management not just at the country level but also at the global level.

Q3. What all countries provide the best MBA in Internal Business?

Ans. Various countries are offering MBA in International Business. The best of them are the US, UK, India, Canada, etc.

Q4. What is the best example of a company which deals in International Business?

Ans. Companies that deal in international business are ones that have multiple branches in different parts of the globe. Amazon, Coca-Cola, KFC, Dominos, and others are well-known examples.

Q5. Which country is best for MBA in international business?

Ans. Many countries offer MBA programmes in international business, with the United States ranking first. Other countries include the United Kingdom, Australia, France, Germany, and others.