Is International Business have scope in India? Should i go for MBA (IB)?

Hi Mrityunjay,

MBA in International Business is a postgraduate programme which equips the students with the sufficient knowledge and training for the all needed basic knowledge of International Business.

International Business is one such career progarmme which offers ample scope for career in international & transnational corporations.

With the huge growth of international business, the demand for individuals increased with an understanding of global markets & in-depth knowledge.

# Scope & job opportunities :-

A student having the degree in international business can be a part of private and government sectors. This specialization provides the great opportunity to work in a global market and across the world.

The MBA in IB person can join the international market department of the companies, international placement offices, import and export departments of companies, global shipping companies, global tourism sector, international consultancy firms and international logistics & courier companies.

There are lots of job opportunities not in India but also in abroad. You can also work in financial institutions, banking sector, securities firms, hospitality & travel and tourism industry.

# You job titles of this career prospective     are:

• Export managers and executives

• International business consultant

• Consultant

• International Business Development Manager

• International Marketing Manager

• International Finance Manager

• Global Business Manager

• Export coordinator

• Account Manager

• Brand Manager

• Management Consultant

• Marketing Manager

• Project Managers

• Material Manager

• Supplier Manager

• Investment Banking Manager

# Salary:-

This field has a good opportunity to get the handsome salaries. It has a more opportunity to get a career in abroad and get the salary in foreign currency.

A postgraduate in international business from a reputed institution can get the initial salary offered range from 5 lakh to 12 lakh per annum and the designation will be as a management trainee.

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

• McKinsey & Company

• Boston Consulting Group

• Bain & Company

• Merrill Lynch & Co

• Deloitte Consulting LLP

• Lehman Brothers

• JP Morgan Chase & Co

• Goldman, Sachs & Co

• Citi

• Booz & Company

• Accenture

• Johnson & Johnson

• Credit Suisse

• Deutsche Bank

• Morgan Stanley

• UBS

• Bank of America

• Microsoft Corporation

So, ultimately choosing IB as a career field is a great opportunity for your future with lot of experience and knowledge. And, as it is a demanding one so it has a lot of career opportunities in India as well as in abroad.

Good luck.

hey Mrityunjay,

The nature of work requires to work under global assignments and move starting with one nation then onto the next as the organization administration obliges you to do. An MBA, in IB, a graduate can also opt to work for Indian or foreign MNCs in the International Business division, import and export departments of companies, global logistics companies like shipping or airlines, global tourism sector, international consultancy firms, and international courier companies.

• Multinational Corporations
• Travel and Tourism
• Healthcare Sector
• Project Manager
• International Logistics Manager
• International Business Development Manager
• International Finance Manager
• International Business Consultant
• International Marketing Manager and many more....

However, the best one is (IIFT) Indian Institute of foreign trade . There are two branches for the same, one in Delhi and other in Kolkata, but Delhi is more preferred considering the academics and Placements.

You can look forward to other Institutes such as Indian school of business .

Hope that helps

all the best