MBA in International Business: Top Colleges and Career Prospects

The MBA in International Business is a foundational course designed to prepare students for careers in global business. It focuses on global market dynamics and strategic planning for international operations. In addition, the curriculum focuses on Global economics, Cross-cultural Management, International Marketing, Global Supply Chain Management, and International Finance. 

What is an MBA in International Business?

MBA in International Business or MBA IB is a 2 Years Postgraduate Management degree that equips students with skills to manage and operate businesses worldwide. It covers topics like international trade, global marketing, cross-cultural management, and international finance. The program aims to prepare students for leadership roles in multinational companies or organizations with global operations. 

Details:

The students who are interested in pursuing Management programs in this specialization can have a look at the table below for necessary information related to the course.

Types of MBA in International Business Course

As there is a high demand for MBA in International Business courses, various options of the course methods are available. These can be pursued by students as per their choice and convenience. 

• Full-Time: It is an immersive, on-campus learning experience, with a time duration of 2 years.
• Part-Time: It allows working professionals to balance work and study, thereby extending the duration to 3-4 years.
• Executive MBA: For individuals who are working, they have the option of pursuing Executive MBA in International Business, Distance MBA in International Business or Online MBA in International Business. 

MBA in International Business Eligibility Criteria

Full-Time MBA in IB

• The candidates must possess a bachelor’s degree.
• They must score a minimum aggregate of 50% in their graduation but this can vary from college to college. Some institutions demand a minimum of 70% aggregate or even more.
• A relaxation of 5% is given to the candidates belonging to the SC/ ST/ PwD section.
• The candidates are provided admission on the basis of national level tests or through various University Entrance Exams.
• The accepted exams for MBA in International Business are CAT, XAT, GMAT, SNAP, NMAT and CMAT.

Part-Time MBA in IB

• It is a 2-3 year programme great for those who are already employed or those who wish to advance their careers.
• The program provides evening or weekend classes, practical projects, and flexibility to balance work and study.
• The basic eligibility is bachelor's degree from a recognised college with a minimum aggregate score of 50%.
• The entrance exam for an Executive MBA in International Business, such as the CAT, XAT or GMAT, is followed by a group discussion and personal interviews.

Executive MBA in IB

• It is a 1-2 year programme tailored for senior professionals and executives seeking to enhance their expertise in international marketing.

• Eligibility includes a recognized bachelor’s degree with a minimum of 50% of aggregate.
• It also requires a minimum of 5 years of relevant experience.

MBA in International Business Entrance Exams:

The MBA IB admission procedure differs from institution to institution. There are some institutions providing admission on the merit basis, whereas some accept scores of national-level entrance exams. These include:

CAT, XAT, NMAT, MAT, SNAP, CMAT, and others are held by authorities to provide admission into universities.

IIFT entrance exam held by Indian Institute of Foreign Trade, Delhi

JMI entrance test held by Jamia Millia Islamia, Delhi

AMU CUET is held by Aligarh Muslim University, Aligarh.

MBA in International Business Admission Process

The admission in MBA IB varies according to the institutions. There are some B-Schools offering admission through entrance exams, whereas some institutes provide direct admission to students either on the basis of merit or on a management quota.

The admission procedure includes the following steps:

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

All those who clear all three rounds are selected and are admitted to the desired university or college.

MBA in International Business Syllabus

The MBA in International Business curriculum emphasizes export and import procedures and documentation, international policies and trade policies, obtaining capital from the international market, and the distribution market. 

Semester-Wise MBA IB Syllabus

The MBA in International Business follows the same curriculum as other MBA programmes.The key management themes are covered throughout the first year's class sessions, conferences, and seminars. The second year of MBA in International Business includes the introduction of specialized courses, and students are provided to choose their electives. Below is a detailed breakdown of the semester-wise structure for the MBA IB syllabus, showcasing the distinct areas of focus within this field of study:

MBA in International Business Subjects

MBA IB syllabus gives an insight into the fundamental and structured understanding of the production and distribution of goods or services globally. The  program involves understanding foreign exchange dynamics, worldwide business operations, strategic planning, contemporary industry trends, and more. The subjects covered within the MBA in International Business Management curriculum are as follows:

Core MBA in International Business Subjects

• Concepts of Accounting

• Ledger Balancing

• Management functions

• Personality Development

• Introduction and Concept of Disaster Management

• Marketing Communications and Promotion

• Sales and Distribution Management

• Introduction of HRM

• Wage and Salary Administration

• Human Resource Audit

• Managerial Accounting

Elective MBA in International Business Subjects

MBA IB syllabus also offers elective subjects each semester. Some of the elective MBA in International Business subjects are:

• Cyber Laws and Business Decisions

• IFRS and International Taxation

• Entrepreneurship and New Venture Planning

• Business Analysis Using Financial Statements

• Financial Markets and Institutional Environment

• India’s Foreign Trade & GeoPolitics

• Artificial Intelligence in Business

Also Read : Direct MBA Admission without Entrance Exam

MBA in International Business Scope

An MBA in International Business is a valuable course that prepares an individual to handle cross-border trade, international marketing, and global financial management. Here are various scope and opportunities this degree offers:

• Expanding Global Trade and Investments

As India's role in the global economy is expanding, hence more companies looking to international markets for growth. An MBA in International Business prepares individuals to handle cross-border trade, international marketing, and global financial management, making them well-suited for roles in multinational corporations (MNCs) and export-import firms.

•  Diverse Career Opportunities

          Graduates can pursue a variety of roles such as:

International Business Development Manager: Their work includes identifying and developing new international markets.

Global Supply Chain Manager: They oversee the logistics and supply chain across countries.

International Marketing Manager: They play a crucial role in crafting marketing strategies for international markets.

International Trade Consultant: They advise companies on trade regulations and strategies.

Export/Import Manager: They manage the process of goods and services across borders.

• Growth of MNCs and Startups

The large number of MNCs setting up operations in India and Indian startups looking to expand globally, hence there’s a growing need of professionals who understand international business dynamics. This trend creates opportunities for MBA graduates in roles involving international strategy and market entry.

• Government and Policy Roles

Professionals can play crucial roles in government agencies and policy-making bodies related to trade and commerce. They can work on trade policies, international relations, and economic diplomacy.

•   Entrepreneurship and Consulting

An MBA in International Business can provide a strong foundation for entrepreneurs aiming to build global businesses. Additionally, this course enhances the expertise of graduates to offer insights into international markets and strategies.

•   Further Specializations and Education

 Students, who wish to further deepen their knowledge can go for pursuing additional certificates or a doctoral degree. There are opportunities for further specialization in areas like global finance, international law, or regional studies. These can also enhance career prospects.

•    Networking and Professional Growth

Many MBA programs offer strong networking opportunities through alumni, industry connections, and internships, which can be valuable for career growth in international business.

MBA in International Business Jobs and Placements

An MBA in International Business can open doors to a wide range of career opportunities. With the right skills and experience, graduates can make significant impacts in both domestic and international markets.

Top Recruiters

The top recruiters of the MBA in IB are as the following:

FAQs

Q1. What is an MBA in International Business?