Last Updated on August 10, 2023 by Vishnu Nambiar
In this article, we will have an in-depth analysis of an MBA in International Business. It is a job-oriented postgraduate management course. This article covers topics such as – course details, duration, eligibility, admission, colleges, syllabus, careers, and salary.
MBA is a general management program. It focuses on subjects related to the fundamentals of management. It also covers other relevant subjects. There also exist numerous MBA specialization programs, which focus on a specific discipline or field. Such MBA programs cover basic management subjects as well as subjects related to the field of specialization.
MBA in International Business is one such specialization program. This MBA course focuses on the discipline of International Business. What’s International Business all about? What’s the course content like? What’s the scope associated with this specialization? You will find answers to these questions in the next section.
Table of Contents
MBA in International Business: Basic Details
In simple terms, International Business deals with cross-border trade/transaction of goods and services. Thanks to Globalization, markets across the Globe have become easily accessible. This has increased the importance of International Business.
Do you want to check out examples of international business?
- Import and export.
- Outsourcing.
- Trade of goods and services between two countries.
International Business is not just limited to the trade of goods and services. It also includes trade/transaction of capital, technology, human resources, and knowledge!
Regular business management programs train candidates to take on the domestic market. But dealing with the international market is another game altogether! This is where MBA in International Business comes in handy!
MBA in International Business focuses on the following topics –
- Import management.
- Export management.
- International capital management.
- International trade finance.
- Foreign trade policy.
- Communication skills.
- Foreign-exchange.
- Trade agreements.
- International labor laws.
- Legal aspects.
- Economic aspects.
- Accounting practices.
MBA in International Business trains students to take on the huge Global marketplace! This academic program trains students and turns them into skilled Global business managers! Let us take a closer look at the course details.
MBA in International Business: Course Details
Type of course
It is a PG (postgraduate) level management education program.
Duration
The academic program is 2 years long.
Eligibility
Must possess a valid Bachelor’s Degree from a recognized University/Institute.
MBA in International Business Colleges
There exists many Government and Private colleges across India offering this course. Government colleges charge relatively lower fees than their private counterparts. Some of the popular institutes are – IIMs, IIFT, SIIB, etc.
MBA in International Business Admission
Reputed institutes rely on a merit-based admission process. Such institutes make use of relevant entrance tests to select deserving candidates. Some institutes are also known to conduct their own qualifying test in order to select deserving candidates.
Some other institutes are also known to conduct direct as well as donation-based admission processes.
MBA in International Business Syllabus
Here are some of the important subjects present in the curriculum –
- Import management.
- Export management.
- International capital management.
- International trade finance.
- Foreign trade policy.
- Communication skills.
- Foreign-exchange.
- Trade agreements.
- International labor laws.
- Legal aspects.
- Economic aspects.
- Accounting practices.
- HR Management.
- Organizational Behaviour.
- Marketing Management.
- Entrepreneurship.
- Foreign Languages.
MBA in International Business Jobs
Skilled international business graduates are highly valued by employers. International business professionals have access to both domestic as well as foreign market jobs.
Also, read:
MNCs (Multi-National Corporations) are the prime recruiters of International Business graduates. MNCs operate in multiple markets across the world. They carry out operations in several countries. In order to take care of their Global operations, they need skilled global business managers. This is the main reason why they are known to recruit international business graduates. Here are some of the notable MNCs –
- Pepsi.
- Ford.
- Samsung.
- Apple.
- Sony.
- Nike.
- Adidas.
- Acer.
- IBM.
- TCS.
- Microsoft.
- Intel.
- HP.
- HCL.
Apart from MNCs, here are some other notable recruiters of international business graduates –
- Import and Export firms.
- Logistics firms.
- Supply chain management firms.
- Consultancies.
In the above-mentioned work setups, international business graduates may don the following roles –
- Manager.
- Assistant Manager.
- Executive Manager.
- Project Manager.
- Operations Manager.
- Account Manager.
- Finance Manager.
- Consultant.
MBA in International Business Salary
Starting salary of an international business professional depends upon a number of factors. Some of the prominent factors are –
- Institute from which the candidate completed the course.
- Level of education (UG, PG, etc).
- His/her specialization.
- The domain he/she has chosen.
- Job location.
On average, starting salary could be anywhere between 25-75K INR per month. In the case of a Government job, the salary will be as per the pay scale and grade.
I am Vishnu Nambiar a career and educational blogger from India. I am also a full time educational consultant having more than 12 years of experience in the educational sector.
I share articles related to courses, colleges, careers, exam tips and more here.