MBA in International Business Course, Eligibility Criteria, Admission Process
By admin | Last Updated Nov, 2022
MBA in International Business
MBA International Business is a two-year postgraduate program that focuses on international finance, e-commerce, and trade regulations. The course teaches a fundamental grasp of international business and how it supports a more complex and interconnected economy at a global level.
Enterprises that want to grow and start a business overseas need people who have been taught to cope with global context and standards and are familiar with the concepts and theories that may help them get started.
Another reason is the risk involved, which is why applicants who have pursued International Business are preferred by multinational corporations during recruiting. All of these aspects, as well as the opportunity to travel overseas, add to the allure of doing a Master’s program in International Business.
Aspirants who pursue an MBA in International Business have a broader understanding of international trade and management, resulting in more career prospects both in India and overseas. MBA program in International Business prepares students for positions such as Global Business Manager, International Business Consultant, Export Manager, and others. The basic salary starts from INR 10 to INR 18 LPA.
MBA in International Business Highlights
| Course Name | Masters of Business Administration in International Business |
| Course Level | Postgraduate |
| Course Duration | 2 Years |
| Age Limit | Not Specified |
| Eligibility Criteria | Bachelor’s degree with 50% aggregate |
| Average Fees | INR 50,000 to INR 3 LPA |
| Average Salary | INR 5 LPA |
| Job Profiles | Marketing Manager, Operation Manager, Executive Assistant, Team Leader, Business Analyst, etc. |
MBA in International Business Eligibility Criteria
There is a basic requirement of eligibility that students need to possess in order to be considered eligible for an MBA in international business.
- A three-year bachelor’s degree is required of all candidates from a recognized university.
- They must graduate with a minimum 50% aggregate, however, this varies every college. Many institutions require a minimum of 70 % aggregate or perhaps higher.
- Candidates from reserved categories are granted a 5% relaxation.
Read More about Top 10 MBA courses in India
MBA in International Business Admission Process
The majority of B-Schools provide MBA IB Admission via entrance exams. Although there are other institutes that offer direct admission to students based on merit or management quota.
The following steps are required to get admission via entrance exam:
- Candidates need to look out for the entrance exams of the colleges they want to study at.
- Entrance exams information can be received through the official website of the college/university.
- Appear for the entrance exam within due time.
- The entrance exam is the first part of the selection procedure.
- Candidates who pass the entrance exam are invited to the second round, which comprises a group discussion and a personal interview.
- The results of these two steps are used to make the final decision. For ultimate selection, the candidate’s previous academic performance and professional experience are also taken into account.
Why pursue MBA in International Business?
- The career opportunities and remuneration packages accessible to applicants with a degree in this area determine the scope of this program.
- As the degree covers worldwide elements of business management, it also gives the possibility to travel abroad and dwell in any area of the world.
- With an MBA in International Business, you can work for some of the world’s most famous corporations.
- The field provides the best pay for management roles as well as the opportunity to work in an international business environment.
- Candidates with an MBA International Business degree might also opt to work overseas, where they will have more networking chances and earn a higher income.
Top MBA in International Business Entrance Exams
Admission to top MBA programs in India is based on the student’s rating, which is determined by a variety of authorities. MBA applicants can pick from a variety of entrance exams based on the amount of difficulty and competitiveness they choose to confront.
Down below are some of the most famous entrance exams for pursuing an MBA in International Business:
- CAT
- MAT
- GMAT
- ATMA
- XAT
- NMAT
- CMAT
MBA International Business Fees Structure
MBA in International Company is a popular course because it incorporates the most important components of global standing, reduces international business management processes, interacts, increases customer base, etc. MBA in International Business fee is different in different colleges/universities. But the average fee lies between INR 50,000 to INR 20 LPA.
Types of MBA International Business
Because of the increased demand for MBA International business, a number of MBA IB courses have emerged, each focusing on a distinct sort of student. Working-class enthusiasts can pursue Distance MBA IB, an Executive MBA or an Online MBA.
Full-Time MBA IB
- Candidates must have an undergraduate degree to be considered for this position.
- They must graduate with a minimum aggregate of 50%, however, this varies from college to college.
Reserved categories are granted a 5% salary reduction. - Candidates might get admission using either national-level tests or various university entrance exams.
- Exams approved for MBA in International Business include the CAT, GMAT, XAT, etc.
- The average fees range from 2 and 20 LPA.
Part-Time MBA IB
- It is a two-year program designed for individuals who want to work full-time while pursuing a degree.
- An undergraduate degree from a recognized college with a minimum grade point average of 50% is required for the course.
- An Executive MBA in International Business entrance exam, such as the CAT, XAT, or GMAT, is followed by a group discussion and personal interviews.
- For two years, the training fee ranges from INR 8,000 to INR 2 lakhs.
- HDFC Bank, Citibank, ICICI Ban, Google, Amazon, HSBC, and IBM are among the top recruiters.
Online MBA International Business
- It’s a two-year online MBA degree program for students.
- The qualifying requirements are the same as for a full-time MBA in International
- Fees could differ depending on college, but they are significantly lower than for a typical course.
Reasons to pursue MBA International Business
- It’s a tiny world, and it’s just growing smaller as technology advances. Today’s economy is genuinely global. Employers are always searching for personnel with the skills to handle these transactions as firms conduct more global deals and acquisitions than ever before.
- As a result, it offers up a wide range of career opportunities to unravel and investigate worldwide business with a creative perspective. Graduated students may expect a wide range of job opportunities in management, accounting, marketing, corporate finance, consulting, HR, and much more.
MBA International Business Syllabus
| 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 |
MBA International Business Job Prospects
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 students’ preferences. The MBA in International Business is a complete program that requires no additional coursework.
MBA IB program’s scope is defined by the employment prospects and executive salary available to applicants with a degree in this discipline. It also provides the opportunity to travel abroad and settle in any part of the world that is willing to make an attractive offer to the candidate.
MBA International Business graduates get to work with some of the top and finest companies and organizations of the world. Down below are some of the top job profiles.
- Global Business Manager
- Business Consultant
- Sales Manager
- Business Development Manager
- International Marketing Manager
- International Finance Manager
- Campaign Manager
- Export Manager
- Product Manager
- Business Analyst
MBA International Business Top Recruiters
Some of the top companies to recruit MBA International Business graduates are:
- Lehmann Brothers
- HDFC Bank
- Accenture
- McKinsey and Company
- Morgan Stanley
- Amazon
- JP Morgan Chase & Co.
- HSBC
- Microsoft
- Cognizant
- IBM
- Wipro
- Goldman, Sachs, and Co.
- Johnson & Johnson
- Citi Bank
