Master of Commerce in International Business, also known as M.Com IB, is a postgraduate degree course that focuses on business strategies concerned or sensitive to international relations or issues. M.Com in International Business programme prepares students for a career with increased responsibility focusing on multicultural concerns, diversity and international business strategies.
Course Name |
Master of Commerce in International Business |
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Short Name |
M.Com IB |
Course Level |
Postgraduate |
Course Type |
Degree Programme |
Degree Name |
Master of Commerce (M.Com) |
Specialisation |
International Business |
Course Duration |
2 Years |
Internship |
Not Mandatory |
Course Mode |
Full-time/ Part-time and Online/ Offline |
Minimum Qualification Required |
Bachelor’s Degree |
Selection Process |
Entrance Exam/ Direct Admissions |
Course Fee |
INR 13,000 Per Annum - INR 15 Lakhs |
Relevant Field |
Business and Management |
Job Types |
International Business Developer, Business Development Manager, International Business Developer Executive, Business Development Specialist, International Business Consultants, etc |
Average Salary |
INR 3 LPA - INR 20 LPA |
In order to apply for M.Com in International Business programme at different colleges in India, you will have to meet the following criteria.
Minimum Educational Requirements: A B.Com degree from a recognised university
Subjects Required: Subjects taught in a commerce degree programme
Minimum Percentage: 45%
Work Experience: Some institutes may require
The admission to M.Com in International Business programme is done through entrance examinations at most of the Indian colleges.
Some colleges also accept direct admissions by selecting candidates on the basis of the percentage scored by them at the graduation level.
It is important that you check with the official website of the intended institute to get precise information.
Some of the entrance exams accepted by colleges for M.Com IB are mentioned below.
The semester wise syllabus for M.Com in International Business is mentioned below.
Year I
Semester I |
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International Business environment |
Management Information System |
Quantitative Techniques for Business Decision |
International Banking and Financial Markets |
Logistics & Supply Chain Management |
Elective I |
Semester II |
|
International Financial Management |
Foreign Exchange & Risk Management |
International Economics |
International Legal Environment |
International Marketing |
Elective II |
Elective III |
Year II
Semester III |
Semester IV |
---|---|
Global Marketing Research |
Strategic Human Resource Management |
Import and Export Procedures |
E-Commerce |
Fundamentals of Information Technology |
Project Work |
Business Ethics, Corporate Governance, and Social Responsibility |
Elective V |
International Accounting |
Elective VI |
Electives
Financial Accounting & Analysis |
CRM & Relationship Marketing |
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International Business Strategies |
Strategic Cost Management |
Operations Research |
Business Taxation |
Insurance and Risk Management |
Total Quality Management |
Business Process Outsourcing |
Management of MNC’s |
Services Marketing |
Business Promotion & Entrepreneurship |
Anyone Foreign Language |
Computer Applications in Business |
Futurology & Business Forecasting |
Services Marketing |
International Trade Relations |
World Resources and Distribution |
Investment Analysis & Portfolio Theory |
Business Consultancy |
The course fee for M.Com in International Business can vary highly from institute to institute.
Lowest Fee |
INR 13,900 Per Annum |
---|---|
Highest Fee |
INR 8 LPA |
Average Fee |
INR 4.08 LPA |
M.Com in International Business programme gives students practical knowledge of the business world by focusing on cross-cultural and international comprehension of the marketplace.
After pursuing this programme, candidates have a wide range of options and employment areas to explore as international business strategies are required in many fields.
This programme develops the contextual intelligence of students by honing their ability to recognise the impact of culture, law, society and politics on business.
The course increases students’ knowledge in not only corporate finance but also in humanitarian issues which help in expanding regional expertise.
After completing the course, you can explore the following areas in your career.
Employment Areas |
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Job Profiles/ Types/ Roles |
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Top Recruiters |
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The initial salary after M.Com in International Business can range from INR 2 LPA to INR 9 LPA. With experience, your salary may reach as high as INR 25 LPA. Average annual salary package for some of the profiles in International Business are mentioned below.
Job Profiles |
Average Salary |
---|---|
International Business Consultants |
INR 7 LPA - INR 8 LPA |
Business Development Specialists |
INR 3 LPA - INR 4 LPA |
Business Development Manager |
INR 5 LPA - INR 6 LPA |
Business Development Executive |
INR 2 LPA - INR 3 LPA |
International Business Developer |
INR 8 LPA - INR 9 LPA |