The MBA in International Business is among the most popular specialization in Business School. The two-year postgraduate program covers export management, international investment, trade, foreign policy, and forecast risk management. Students pursuing an MBA in multinational Business gain knowledge on expanding globally and developing international companies. An MBA in International Business program also teaches students how to handle problems that have an impact on global marketplaces.
The postgraduate management program; MBA in International Business or simply referred to as MBA IB, gives students an opportunity to take their studies beyond national borders by equipping them with both theory and practical aspects of international business, preparing them for global market competitiveness. This is what also make them a reliable resource for global economy and other careers.
| Particulars | Details |
|---|---|
| Course Full Name | MBA in International Business |
| Course Level | Post graduate |
| Duration | 2 years |
| Eligibility | Bachelor’s degree + Valid Entrance Exam Score |
| Entrance Exams | CAT, XAT, NMAT, CMAT, MAH CET etc. |
| Fees | INR 5 Lakh- 15 INR Lakh |
| Average Salary | INR 6 – 20 LPA |
| Job Profiles | Export Manager, Business Development Manager, Investment Banker, Global Business Manager, etc. |
| Top Recruiters | Accenture, Citi, JP Morgan Chase & Co, Cognizant, Amazon |
| Top Colleges | IIFT, JMI, BHU, AMU, LPU etc. |
| Distance Colleges | Symbiosis Centre for Distance Learning, Bharathiar University, All India Institute of Management Studies, etc. |
-The work opportunities and pay scales that candidates having a degree in this field were likely to find determine the program’s depth.
-Since the degree includes the global aspects of business management, it also offers the chance to travel and settle anywhere in the world.
-Having an MBA in International Business Management enables you to gain employment at some of the most renowned companies worldwide.
-In addition to the possibility of an international corporate existence, this area offers the greatest remuneration for managerial responsibilities.
-Those who graduate with an MBA in International Business have the option of working overseas, improving their networking prospects, and earning high compensation. Verify: IB MBA Abroad
There are two methods to be admitted to an MBA program in international business: by direct entry or through entrance examinations. Reputable institutions have entrance exam threshold scores and follow a merit-based admissions process. The only factor affecting admission is the quantity of seats available at a given college. It is appropriate for those who have a solid understanding of business, international economics, and communications.
These exams of MBA entrance into India are CAT and MAT. Other than that, most of the other entrance test are state-specific or college-specific.
To grant admission, each institute takes the following actions:
-The qualifying process for the written test is the first step in the selection process.
-The second stage, which consists of group discussions and individual interviews, is for candidates who passed the admission exam.
-The results of these two steps are used to make the final selection. The ultimate decision-making process also takes into account the candidate’s prior job experience and academic standing.
1-One must possess a bachelor’s degree from an authorized institution or university.
2-Students must have obtained an overall 50% or equivalent CGPA in the previous course.
3-Many institutions require an aggregate score of at least 70% or higher.
3-Candidates who belong to the SC, ST, or PwD categories are granted a 5% discount.
The CAT and MAT are the entrance tests for MBA programs in India. Apart from that, the majority of other entrance exams are college- or state-specific.
The following is a list of the most well-liked MBA entry tests for international business:
| Name of Exam | Exam Dates |
| CAT | 26 Nov ’23 |
| MAT | September ’24 |
| XAT | 7 Jan ’24 |
| NMAT | 10 Oct ’23 – 19 Dec ’23 |
| SNAP | 10 Dec ’23 – 22 Dec ’23 |
| Exam Name | Registration Date | Exam Date | Result Date |
| CAT | 2 Aug, 2023 – 20 Sep, 2023 | 26 Nov, 2023 | 2nd week of Jan 2024 |
| GMAT | Throughout the year | Throughout the year | Depending on the Exam |
| MAT | PBT Mode: To be Announced CBT 1 Mode: 12 Sep, 2023 (Last Date) | PBT Mode: To be Announced CBT 1 Mode: 17 Sep, 2023 | To be Announced |
| NMAT | 1 Aug, 2023 – 10 Oct, 2023 | 10 Oct, 2023 – 19 Dec, 2023 | Within 48 hours of exam delivery |
| SNAP | 23 Aug, 2023 – 23 Nov , 2023 | 10 Dec, 2023 17Dec , 2023 22Dec, 2023 | 10 Jan, 2024 |
| XAT | 15 July , 2023 – 30Nov, 2023 | 7 Jan, 2024 | Jan 2024 |
| MAH CET | To be Announced | To be Announced | To be Announced |
| ATMA | To be Announced | To be Announced | To be Announced |
| CUET PG | May 2024 | June 2024 | July 2024 |
-Students have two options for applying to universities: national level examinations or a variety of entrance exams.
-Acceptable MBA in International Business encompasses cat, xat, gmat, snap, nmat, cmatt etc
-Other than mentioned above, many colleges and universities hold their own separate admission tests.
-However, this admission process begins with either a national admission test or an entrance exam, followed by a group talk and then a personal face-to-face meeting.
-Those who make it in all three rounds are considered and they end up at their preferred institution of choice.
International Business MBA Curriculum
The International Business MBA course follows the same format as other MBA courses. The curriculum for the MBA in International Business is the same as those of other MBA programs. The first year’s conferences, seminars, and class sessions all touch on important management topics. After their first year, students depart for their summer internship. During the second year of the MBA program in International Business, students will select their electives and specialized courses will be introduced.
The Indian MBA program’s syllabus for international business is listed here, broken down per semester. Some of the subjects covered in the two-year study relating to international business are listed below:
| Semester 1 | |
|---|---|
| Essentials of Management | International Business |
| Financial Management | Quantitative Techniques |
| Semester 2 | |
| Marketing Management | Human Resource Management |
| International Trade Law | e-Commerce |
| Semester 3 | |
| International Marketing Management | International Financial Management |
| Management Information Systems | Macroeconomics |
| Semester 4 | |
| Global Strategic Management | India’s Foreign Trade and Policy |
| Supply Chain Management | Risk Management in International Trade |
There are thousands of MBA colleges in India, providing education to three million students per annum. The majority of the MBA institution is located in major cities such as Delhi, Mumbai, Bangalore, Kolkata among others.
| Name of College | Fees (in INR) |
| Management Development Institute, Gurgaon | 25 Lakh |
| Amity University, Noida | 13 Lakh |
| Birla Institute of Management Technology, Greater Noida | 13 Lakh |
| Jagan Institute of Management Studies, Delhi | 9 Lakh |
| Lovely Professional University, Jalandhar | 8-10 Lakh |
| Nirma University, Ahmedabad | 8-13 Lakh |
| Sharda School of Business Studies, Greater Noida | 7 Lakh |
| Chandigarh University, Chandigarh | 5 Lakh |
| Parul University, Vadodara | 4 Lakh |
| Silver Oak University, Ahmedabad | 2 Lakh |
| Name of College | Fees (in INR) |
| Indian Institute of Foreign Trade, Delhi | 22 lakh |
| Aligarh Muslim University, Aligarh | 6 lakh |
| IMUC, Chennai | 4 lakh |
| Punjabi University, Patiala | 1.4 lakh |
| Institute of Management Studies, BHU | 99,000 |
| DAVV, Indore | 60,000 |
| Jamia Millia Islamia, Delhi | 47,000 |
| University Business School, Chandigarh | 43,000 |
| Banaras Hindu University, Varanasi | 10,000 |
| Guru Gobind Singh Indraprastha University, Delhi | – |
| Job Title | Average Salary |
| Risk Management Director | 5,26 LPA |
| Corporate Auditing Director | 3,23 LPA |
| Real Estate Development Manager | 4,43 LPA |
| Marketing Sales Director | 3,88 LPA |
| Government Affairs Director | 3,91 LPA |
| Business Development Manager | 5,98 LPA |
| Supply Chain Management Director | 3,09 LPA |
| Business Analytics Manager | 2,48 LPA |
| Information Security Director | 2,51 LPA |
| Chief Executive Officer | 2,92 LPA |
| Export Manager | 6 LPA |
| International Marketing Manager | 7.25 LPA |
| Investment Banker | 9.25 LPA |
| International Finance Manager | 10 LPA |
| International Business Consultant | 13 LPA |
| Global Business Manager | 30 LPA |
There is an overwhelming number of opportunities for these jobs that MBA in International business students can select. Globalization has made international business graduate much sought-after as it involves increased international trade for local traders. With increased international market competition, the job scope of MBA in International Business graduates can include managerial or advisory positions in an organisation belonging to any industry because each is looking for market expansion overseas.
| HDFC Bank | WIPRO |
| Citi Bank | Crisil |
| Amazon | KPMG |
| ICICI Bank | Cognizant |
| HSBC | Axis Bank |
| Michael Page |
An MBA in International Business offers a wide range of opportunities in both the import/export sector and the international marketplace. The article above provides comprehensive details regarding the fields in which an MBA in international business can be highly effective.
The US offers the best MBA programs in international business among many other nations. The UK, Australia, France, Germany, and other nations are also Good
International Marketing Manager earns an average annual salary of INR 7,25,000 in India. However, for every year of work experience, remuneration multiplies manyfold. MBA in International business is one preferred qualification in India as it combines the basic principles of global completion, simplifies international business administration process, brings togetherness, boosts market, and helps to make more profits outgoing export and import trade. Sometimes it will be INR 50,000 – 30 lpa for an MBA of international business.
