MBA in International Business

MBA in International Business is a two-year postgraduate programme best suited for individuals who want to launch or accelerate a career in International Business. The course provides a deeper insight into the global challenges faced by companies, foreign markets, global economics, and cross-border relationships. Most colleges offer admission to MBA in International Business courses based on a candidate’s graduation and score in entrance exams like CAT, CMAT, MAT, SNAP, XAT, etc. However, some colleges also offer direct admission based on a candidate's academic qualifications. Some top colleges in India include IIM Kolkata, IIM Lucknow, SIIB Pune, PIMR Indore, and BIMTECH Greater Noida.

The MBA in International Business syllabus includes topics like Business Research Methods, Business Economics, Corporate Ethics and Governance, Entrepreneurship, etc. The course can cost anywhere between INR 1,00,000 and INR 25,00,000 in total. After completing the degree, graduates can find various career opportunities including Risk Manager, Product Manager, Brand Manager, Global Business Manager, Investment Banker, etc. The average salary can be between INR 7 lakh to INR 12 lakh annually. Get the complete details about the MBA in International Business course below.

• TS ICET 2024 application form was released on March 7, 2024, on the official website at icet.tsche.ac.in. The last date to register for the exam without a late fee is April 30, 2024. The exam will be conducted by the Kakatiya University on June 4 & 5, 2024.
• AP ICET 2024 application form was out on March 6, 2024, on the official website at cets.apsche.ap.gov.in. Candidates can complete the registration by April 7, 2024. Sri Krishnadevaraya University, on behalf of APSCHE, will conduct the exam on May 6 & 7, 2024.
• CMAT registration 2024 is expected to begin in the second week of March 2024. The exam will most likely be conducted in April/May 2024 by the National Testing Agency (NTA).
• XAT 2024 result was released on January 19, 2024. Candidates can download their scorecards by logging into the official website using their XAT ID and Date of Birth.

The table below demonstrates the most significant highlights of the MBA in International Business program.

Pursuing an MBA in International Business can provide individuals with many benefits. It is a great opportunity for those who want to expand their knowledge and understanding of global business practices and strategies, which is highly important in today's interconnected world economy. If you are wondering why you should pursue the course, check out the reasons below.

• Career Acceleration: The course is designed to equip students with the necessary skills and knowledge to succeed in the global business environment. This program is especially suitable for those who wish to position themselves as business professionals in a global scenario.
• High Salary: After obtaining an MBA in International Business degree, professionals may expect a salary boost. An International Marketing Manager can expect to earn INR 7-15 LPA, while an International Finance Manager can make around INR 10-20 LPA.
• Development of Soft Skills: Throughout the course, students get to learn and develop critical skills such as effective communication, networking, management, and leadership skills, which are highly valued and sought after in today's job market. These soft skills are essential for excelling in professional settings and can significantly enhance one's career prospects by making them more attractive to potential employers.
• Global Acceptance: The program can provide insights into the complexities of international marketing and business practices, equipping graduates with the skills and knowledge necessary to navigate the global marketplace. Whether you are looking to expand your career opportunities or gain a competitive edge in the business world, this course is an excellent choice.
• Wide Range of Job Opportunities: This course opens up a plethora of career opportunities for graduates. With a focus on global business practices, it can prepare individuals for roles such as international business developers, import/export consultants, global supply chain managers, and many more.

Who Should Study MBA in International Business?

An MBA in International Business is a good choice for those interested in pursuing careers in global business management, international trade, and cross-border operations. Here are some groups of people who may benefit from studying this course:

• People with undergraduate degrees in business or related fields who want to specialize in international business and gain advanced knowledge and skills in areas such as global marketing, international finance, and cross-cultural management.
• Professionals who want to work in multinational corporations (MNCs) or global organizations and want to understand the complexities of international business operations, including market entry strategies, global supply chain management, and international expansion.
• Entrepreneurs and small business owners who want to expand their businesses internationally or operate in global markets. An MBA in International Business can provide them with the necessary insights and skills to navigate the challenges of international expansion.
• Government officials, policymakers, and professionals working in international development or nonprofit organizations who want to understand global trade, investment, and economic development to contribute effectively to their organizations' missions.
• Professionals interested in strategic planning, business development, and market analysis on a global scale. The course can equip them with the analytical tools and strategic frameworks needed to identify and capitalize on international business opportunities.
• Individuals who enjoy working with diverse teams and stakeholders across different countries and regions. They may seek to enhance their cross-cultural communication skills and develop a global mindset through this program.

Today, an MBA in International Business course is available in different types and modes, directed to specific sections of students or working professionals. Here are the most popular types of courses.

To be eligible to pursue an MBA in International Business course, candidates are required to meet certain criteria. These criteria may vary depending on the institution and program so students must carefully review the eligibility requirements of each program before applying. The MBA in International Business eligibility criteria for different types of courses have been mentioned below.

Required Skillset for MBA in International Business

• Communication Skills: An individual must possess excellent verbal and written communication skills and the ability to convince others. Being proficient in the language spoken by potential employers, partners, suppliers, and customers serves as an advantage. 
• Leadership Skills: Candidates must be equipped with strong leadership skills. Individuals with great leadership skills empower teams to achieve their full potential, make decisions, and strategize well to help organizations thrive. 
• Emotional Intelligence: Self-awareness, that is, understanding one’s strengths, weaknesses, emotions, beliefs, motivations, etc., and understanding others’ personal experiences and emotions is crucial.
• Analytical Skills: For managerial roles, candidates need to develop the skills of analyzing certain situations and enhancing their problem-solving skills. It also includes the ability to apply proper logical thinking that can break any complex problem into simpler parts and then provide solutions for them.

The top colleges offering MBA in International Business in India offer admission based on entrance exam scores and the merit of a candidate. Before applying for an entrance test, one must check the requirements of their desired college. Mentioned below are the top MBA entrance exams in India accepted by various B-schools.

The MBA in International Business program is divided into four semesters, each with a comprehensive curriculum that covers critical aspects of the field. The program aims to provide students with a thorough understanding of international business practices, global markets, cross-cultural communication, and other related topics. Each semester has a specific focus, and students are expected to complete assignments, projects, and exams to evaluate their knowledge and skills. The detailed MBA in International Business syllabus for all four semesters is tabulated below.

Admission to MBA in International Business can be done in two ways: direct admission and securing valid scores in CAT, XAT, MAT, or other national-level MBA exams. However, most of the top colleges in India accept admission based on entrance exam scores. Below we have discussed the detailed MBA in International Business admission process through entrance exams.

• Appear for Entrance Exams: Students first have to appear for MBA entrance exams such as CAT, MAT, XAT, CMAT, SNAP, etc. Before applying to these exams, make sure your desired colleges accept their scores. The test assesses the candidate's analytical, quantitative, and verbal skills.
• Participate in Counselling Rounds: After the results of the test are declared, the shortlisted candidates are called for the Writing Skills Assessment, Group Discussion/Extempore, and Personal Interview. Admissions of foreign nationals and NRI candidates are conducted based on their GMAT scores and Personal Interviews. 
•  Report to the Designated Institute: The final admission is offered based on entrance exam score, academic background, performance in selection rounds, and more. The weightage of each stage of the selection process varies across institutes, so check the admission criteria of their desired institutes carefully. If you appear in the final merit list and are allotted a seat, report to the designated institute and complete all the admission formalities.

Direct MBA International Business Admission Process Without Entrance Exam

Did you miss the deadline to fill out the MBA entrance exam application forms or don't want to get into the hassle of preparing for it? Well, direct MBA International Business admission without entrance exam is a great choice for you then. In India, several MBA colleges provide a direct admission option based on a candidate's academic profile as well as their overall personality. If you'd like to apply for direct admission, the first step would be to fill out the application form for the colleges that you're interested in. After that, you may need to appear for a personal interview (PI) depending on the college's admission criteria. Once you have completed the interview, you will need to fulfil the admission formalities if you are selected for admission. These formalities may include submitting your academic documents and paying the necessary fees. It's important to note that the specific admission process may vary from one college to another, so it's always a good idea to do your research and check the requirements of each college before applying.

The following table provides a comprehensive list of some of the most esteemed private colleges in India that offer an MBA in International Business, along with their respective fee structures and NIRF rankings 2023. 

Here is a list of the top government colleges in India that offer an MBA in International Business. Below you can also find their course fees along with their NIRF Ranking 2023.

An MBA in International Business offers students a thorough comprehension of how worldwide businesses function and provides them with the essential skills to succeed in a rapidly evolving global market. Graduates of this program are highly valued by multinational corporations, government agencies, non-profit organizations, and consulting firms for a wide range of job positions, including those mentioned below.

MBA in International Business Salary

MBA in International Business salary packages for top job profiles have been tabulated below.

Top MBA in International Business Recruiters

MBA in International Business graduates are hired by some of the top companies around the globe. Mentioned below are the top recruiters hiring MBA in International Business graduates in India.

MBA in International Business Scope in India

Considering globalization in today's world, businesses are no longer restricted to a particular city, and there are immense opportunities for expansion in different corners of the world. The businesses have become interdependent which has opened a lot of prospects to interact on global platforms. This has led to a rise in the jobs for MBA in International Business graduates who can work efficiently in managerial positions and contribute to the success of their companies. Since every organization is looking to expand and diversify internationally, it has become essential for them to hire qualified managers with MBA in International Business degrees who can prove to be assets for the global economy. It has been estimated that the growth in the international business sector in India is more than 7% annually.

Individuals who have completed an MBA in International Business have a plethora of opportunities to further their education and advance their career goals. Pursuing additional courses can help them to gain specialized knowledge, acquire new skills, or transition into different industries. There are several post-MBA course options available that can enable them to achieve these objectives.

• Doctor of Business Administration (DBA): One such option is a Doctor of Business Administration (DBA) program. This course is designed to provide advanced training in research methods and equip students with the skills required to conduct extensive research in their chosen field of study. The DBA program typically takes around four years to complete and is ideal for individuals who are interested in pursuing academic or research-oriented roles.
• PhD in Business Administration: Another option is a PhD in Business Administration, which is a rigorous program that is focused on developing students' research and analytical skills. This course typically takes around five years to complete and is suitable for individuals who wish to pursue a career in academia or research.
• Certificate Programs: Certificate programs are another popular option for individuals who wish to gain specialized knowledge in a particular area. These programs are typically shorter in duration and can be completed in a matter of months. Certificate programs are ideal for individuals who wish to acquire new skills or deepen their knowledge in a specific area, without committing to a long-term program.

Online MBA in International Business has emerged as a popular choice among working professionals who aspire to enhance their education and skills without having to compromise on their job commitments. This program offers increased flexibility, enabling students to learn and complete coursework at their own pace and schedule. With access to unlimited resources such as online libraries, discussion forums, and interactive virtual classrooms, students can gain a comprehensive understanding of international business practices, trends, and challenges. The course curriculum typically covers various topics such as global marketing, cross-cultural management, international finance, and strategic planning. Overall, an online MBA in International Business is a great option for those wanting to advance their careers while maintaining their work-life balance.