MBA in International Business Course, Admissions, Eligibility, Syllabus, Fees, Career

MBA in International Business or MBA IB is a two-year postgraduate degree programme that focuses on business management at the international level. It is designed to equip students with the skills and knowledge necessary to join entry-level managerial positions. In India, more than 130 educational institutes are offering MBA International Business courses.

This Story also Contains

1. Highlights - MBA International Business
2. MBA International Business Eligibility Criteria
3. MBA In International Business Entrance Exams
4. MBA International Business Syllabus
5. MBA International Business Fee Structure
6. Scope of MBA International Business
7. MBA in International Business Career Options
8. MBA in IB Salary

MBA IB covers different aspects of international business operations consisting of marketing, finance, operations, logistics and supply chain management. Some of the topics covered in the course curriculum include Global Business Ethics, International Trade Law, International Finance, and Global Business Law. Many colleges also offer global internship opportunities to understand international working of businesses.

To be eligible for an MBA in International Business, students require a bachelor’s degree in management or a relevant discipline. They must also achieve a minimum aggregate score of 50 per cent or as specified by the institute. Some of the popular job roles are Business Analyst, Project Manager, Business Development Executive, and Operations Manager.

MBA International Business- Important Dates

• 24 Nov, 2024 - CAT Exam
• 05 Nov 2024 - 24 Nov 2024 -CAT Admit Card

Highlights - MBA International Business

MBA International Business Eligibility Criteria

Before applying for admissions, candidates should know the eligibility requirements of the course, however, it varies depending on the provider. It is more or less similar compared to other MBA specialisations. Candidates can check the eligibility details either on the prospectus or the official website of the desired institute. In the table below, we have provided the qualification requirements for the MBA International Business course.

MBA International Business Admission Process

The admission process for an MBA in IB may differ from one institute to another. The majority of Indian b-schools provide admission based on marks obtained in the entrance examination and performance in the bachelor's degree. Whereas, other institutes follow a three-stage screening procedure along with group discussion, personal interview, and/or aptitude tests.

• Students are required to appear for the entrance exam. Depending on the targeted institute, it can be any entrance exam such as CAT, XAT, GMAT, SNAP, NMAT, or CMAT.
• Those who qualify for the entrance exam are required to apply for an MBA in International Business admission to the institutes of their choice.
• Students who meet the entrance exam cutoff are invited for further rounds such as group discussion and an individual interview.
• A collective scorecard of all stages is considered for the selection process.
• Selected candidates can join the course by paying the semester and other required fees.

MBA In International Business Entrance Exams

There are many entrance examinations that students can appear for if they wish to apply for an MBA degree in their desired specialisation. They can check the course and eligibility details on the official website of the college.

MBA IB Cutoff for Top Colleges

MBA IB Cutoff is a benchmark score used by colleges to screen the most deserving candidates out of all. Those who scored below the cutoff percentage are eligible to apply. The cutoff percentage depends on the difficulty level of the examination, number of candidates appearing for the exam, the total number of seats, and the stature of the institute.

Top MBA Specialisations

Many specialisations are offered in an MBA degree which caters diverse interests of the graduates. Some of the popular specialisations are Finance, Marketing, and Human Resource Management. In the table below, we have provided some of the popular MBA specialisations.

Skills Required for MBA International Business

To perform well in the MBA International Business course, candidates should have an interest and aptitude for global business. Many colleges are looking for candidates who have good written and spoken English, managerial skills, and good leadership qualities. In this section, we have listed the skills required for an MBA in International Business.

• Managerial skills
• Good observation
• Decision-making skills
• Time management
• Leadership skills
• Good communication

MBA International Business Syllabus

The course curriculum of an MBA in International Business includes topics such as Management Concepts and Practices, Foreign Trade Management, Global Business Operations, and International Business Environment. In the final year, some colleges also provide global internship opportunities along with project work. In the table below, we have mentioned the MBA in International Business syllabus of Mangalore University.

MBA International Business Fee Structure

The MBA in International Business fees can range from Rs. 26,000 to Rs. 21.0 lakhs. The fees of attending a college vary depending on several factors, including its ranking, prestige, and types of institutions, whether the school is public or private. The average MBA IB fee is around Rs. 12 Lakhs for the entire duration.

Scope of MBA International Business

MBA in IB scope is very broad and candidates have a variety of career options. They can either start working at some of the leading MNCs in India, or they can also choose to pursue higher studies. If someone is interested in academics, they can also apply for a PhD which will shift towards academics or research in the field of business.

Many MNCs have research centres specially allotted to conduct in-depth field-based research for business progression and market analysis. The course also prepares the graduates to pursue entrepreneurship and set up their business units.

MBA in International Business Career Options

MBA in International Business graduates can choose from a variety of attractive managerial roles across a range of businesses. Jobs after MBA in International Business require in-depth knowledge of business concepts along with hands-on experience. Since every multinational organisation needs diverse experts with a specialisation in marketing or economic policies in global aspects, applicants with a master of business administration in international business degree have direct exposure to opportunities all over the world.

Salary Source: AmbitionBox

Top Recruiters

• HDFC Bank
• Google
• Axis Bank
• Cognizant
• Accenture
• IBM
• Amazon
• EY

MBA in IB Salary

The salary after an MBA in International Business is influenced by various factors. Candidates have access to job opportunities due to emphasis on global business. Candidates with a master's in international business have the option of working overseas, benefit from greater networking opportunities, and earn a good salary. Listed below are the average salaries of private and government sectors.

Source: Naukri.com

Benefits Of Studying MBA International Business

An MBA in International Business has several benefits over other specialisations. The course prepares the students to work at many multinational companies across the globe or establish their start-ups. MBA in IB graduates appear more appealing to employers due to their knowledge of international business operations, therefore they may charge higher salaries. An MBA in International Business also provides good networking opportunities when working abroad.

Top Private MBA International Business Colleges in India with Fees

The private colleges in India offering MBA in International Business courses are performing well in terms of academic performance. In the table below we have mentioned the private MBA in International Business colleges with fees.

Top Government MBA International Business Colleges in India with Fees

Government-run college is less expensive than the private MBA in International Business college. Some of the top government MBAs in International Business colleges are listed below:

MBA International Business graduates get the opportunity to join a wide range of businesses in India and overseas, experiencing dynamics at different levels. MBA in International Business graduates find excellent opportunities in a variety of businesses and are fully equipped with both theoretical and practical understanding of international business.