M Com International Business

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Mar 13, 2023 19:31PM IST

About M.Com International Business

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. 

M.Com IB Course Highlights

Course Name

Master of Commerce in International Business

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

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M.Com International Business Eligibility Criteria

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

M.Com IB Admission Process

  • 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.   

M.Com IB Entrance Exams

Some of the entrance exams accepted by colleges for M.Com IB are mentioned below. 

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M.Com International Business Syllabus

The semester wise syllabus for M.Com in International Business is mentioned below.

Year I

Semester I

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

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

M.Com IB Course Fee

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

Advantages of M.Com IB

  • 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. 

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M.Com International Business Career Options and Job Prospects

After completing the course, you can explore the following areas in your career. 

Employment Areas

  • Finance Sector

  • International Markets

  • Research Institutes

  • Educational Institutes

  • Export/Import Industries

  • Trade Companies 

  • Marketing Firms

  • Securities Firms

  • Banking Sector

  • Consultancy Firms

  • Travel and Tourism Industry

  • Hospitality Sector

  • Investment Companies

  • Global Business Consultancy

Job Profiles/ Types/ Roles

  • Teacher

  • Lecturer

  • Business Development Specialist

  • International Business Consultants

  • International Business Developer

  • Business Development Manager

  • International Business Developer Executive

  • Business Development Manager

Top Recruiters

  • Deloitte Consulting LLP

  • Boston Consulting Group

  • Accenture

  • Deutsche Bank

  • Lehman Brothers

  • McKinsey & Company

  • Bank of America

  • Goldman Sachs & Co

  • Merrill Lynch & Co

  • Bain & Company

  • Morgan Stanley

  • UBS

  • JP Morgan Chase & Co

  • Booz & Company

  • Citi

  • Johnson & Johnson

Salary After M.Com IB

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

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FAQs about MIB

What are the top colleges offering M.Com International Business courses ?

Following are some of the top colleges offering Commerce and Banking courses : Madras Christian College (Chennai) , Ethiraj college for women (Chennai) , Sri Venkateswara College (New Delhi) , Symbiosis College of Arts and Commerce (Pune) , Rishi UBR PG College for Women (Hyderabad). You can explore these colleges on our website to check if they offer M.Com International Business or not.

I want admission in M.Com International Business. Do I have to clear any exams for that ?

Maharshi Dayanand University Common Entrance Exam , Delhi University Science , Delhi University Arts , Central Universities Common Entrance Test , Jammu University Entrance Test are some of the exams that you can appear for to get admission in M.Com International Business courses.

What is the average fee for the course M.Com International Business ?

The average fee for M.Com International Business is INR 400000 per year.

What are the popular specializations related to M.Com International Business ?

Some of the popular specializations for M.Com. (Master of Commerce) are : Aviation Management , Computer Certificate course , Islamic Finance , Principles and Practice of Accountancy , Information Technology.

What is the duration of the course M.Com International Business ?

M.Com International Business is a 2 year course.
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Related Questions

A

Anmol Arora, Content Team

-Answered on Oct-08-2024

Dear Student,

The admission process for the M.Com course at Yeshwant Mahavidyalaya, Nanded is expected to begin soon. The exact dates have not been released yet, however, it is expected to begin in the last week of October 2024. Candidates are requested to check the official website to stay updated with the admission schedule. The college offers M.Com for a duration of two years divided into four semesters where candidates study about economics, business studies, accountancy, statistics, marketing management, data analysis etc. The college offers admission directly on the basis of marks secured in 10+2 and graduation from a recognised school and university respectively, where they must have scored a minimum of 50% marks in the last qualifying exam.

A

Anmol Arora, Content Team

-Answered on Sept-18-2024

Dear Student,

Yes, the admission process for M.Com course 2024 is ongoing at GD Goenka University. The last date for the same has not been released yet on the official website. All the candidates who are interested in pursuing the course must visit the official website and start filling the application form for the same. While filling the application form, you have to be very careful while filling all the details. You also need to be cautious while attaching their documents, which need to be authentic and must be uploaded in the prescribed format. Moreover, you will also have to pay the application fee before the last date as only then will your application form be accepted.

Is M.Com course offered online?
-tahsin -Updated on Sept-17-20241 Answers
A

Anmol Arora, Content Team

-Answered on Sept-17-2024

Dear Student,

The Master of Commerce (M.Com) course offers online classes if the study medium is online. There are no online classes conducted for individuals who have taken admission in regular/ full-time medium. M.Com is offered by both government and private universities in regular mode, distance education and nowadays even as an online course. As it is a theoretical course, the credibility of all the mediums offered for the course is valid across the world. These classes are offered only in online mediums to students and are mostly taken by candidates who are working professionals who want to upgrade their knowledge simultaneously while working. The duration of M.Com course online varies from one and a half to two years. However, candidates can complete it at their own pace.