Diploma in International Business: Courses, Admission, Syllabus, Colleges, Eligibility, Entrance Exam, Career Scope and Salary

About Course

With a diploma of international business degree, participants can understand the complex field of international business. Participants can learn about the principles of corporate governance, human resources management, business ethics, contracts and the law. Courses can cover general business topics such as manufacturing, marketing, accounting and finance, as well as topics of particular interest in international trade such as import, export, logistics and transportation. Students can learn to apply theoretical principles to practical business problems. You can also learn about the laws and customs of other nations and cultures.

Some international business diploma courses are aimed at participants who are new to the field. Others are for experienced professionals looking to expand their knowledge and career opportunities. This type of program can increase the professional and financial potential of both types of students.

Course Highlights

Particulars	Values
Course Name	Diploma in International Business
Course Level	Diploma (Graduate)
Course Duration	1 – 2.5 Years
Examination Type	Semester System
Eligibility Criteria	10+2 pass or equivalent from recognized board or Institute
Admission Process	Merit and English proficiency
Specialization	International Business
Internship	Yes
Entrance Exams	CAT, GMAT, CMAT, MAT, NMAT, SNAP
Course Fee	INR 1 – 10 LPA
Average Annual Salary	INR 15lakh - 25 lakh
Top Recruiters	Microsoft corporation, Jp Morgan, Deloitte consulting, Mc-Kinsey etc.
Job Profiles	International Financial Analyst, International Marketing Manager, Business Development Manager, International Product Manager etc.

Why Study Diploma in International Business?

The study of International Business gives you a global perspective on how companies, markets, etc. work. In the age of globalization, the course is of great relevance.

1. Upon graduation, candidates can further their academic development through postgraduate studies and other relevant courses.

2. After graduation, you can apply for jobs in areas such as management, economics, finance, internal market, etc.

3. A degree in International Business opens doors and different perspectives, also on a global level. The package offered after an International Business degree ranges from a decent income from INR 15 lakh to INR 25 lakh depending on your personal experience in the field.

Eligibility Criteria

Following are the eligibility criteria for a diploma in International Business:

1. Students must pass their 10+2 from a recognized board.

2. Excellent knowledge of the English language.

Admission Process

The university admissions process for admission to the Diploma in International Business program is based on grades obtained in a 10+2 examination or equivalent examination by a recognized institution or body.

1. English placement tests such as IELTS or TOEFL set up by various institutes are also admission criteria for this course.

2. Applicants can only apply online.

3. Applicants can first access the official website of the university.

4. The candidate must register.

5. applicants must then provide basic personal information such as sign, address, etc. to be proven as soon as they are entitled

6. Attach documents, photo and signature in the specified size and format.

7. Finally, candidates must pay an application fee.

8. For future reference, the applicant should print out the application form.

Skills Required for Diploma in International Business

International business is a field of work that requires a lot of communication with international clients, presentation of business solutions and stays abroad. Such a demanding career requires a certain know-how in international trade. Some of these skills are:

1. Intercultural Communication: Working in a diverse workplace with colleagues from different backgrounds makes intercultural communication an essential skill. This requires a lot of respect, diplomacy and sensitivity. When it comes to communication, we must always try to understand, know and appreciate cultural differences.

2. Excellent Networking Skills: To build a successful career in international business you must be able to build a strong international network. With good networking skills, many unexpected opportunities can arise abroad. Even though online social platforms have made it easier to connect outside of your home country, it's still important to have the ability to connect in person as well.

3. Collaborative Skills: Success in any endeavor, international or otherwise, requires good collaboration with others, especially team members from different cultural backgrounds. Collaborative skills include letting others take the lead, having confidence in solving problems, sharing credit for achievements and maintaining balance, being respectful of one's point of view and respecting the opinions of others.

4. Adaptive Thinking: The international business environment is dynamic and requires responsiveness and adaptability. Those with adaptive thinking skills can thrive in these ever-changing environments. Research suggests that adaptive thinking can be developed based on impulse control, curiosity, and humility.

5. Strong emotional intelligence: Today's HR department prefers to judge candidates on their EQ rather than the more traditional IQ. Emotional intelligence is a key competency in international business as it influences many aspects of business interactions. Strong emotional intelligence relates to self-awareness and emotional mastery.

6. Interpersonal Influence: The foundation of business success is the ability to influence others, whether to obtain funding for a new venture or to persuade an investor or customer to buy your product. The greatest business leaders develop good working relationships and create respect to gain influence. Networking, communication and collaboration can help improve this skill.

Entrance Exams for Diploma in International Business

In order to gain admission to the International Business degree program, several institutes in India conduct entrance exams. The entrance exams can be divided into three levels: national, regional and individual. Some of the most popular DIB tests are listed below:

CAT	MAT
XAT	NMAT
CMAT	GMAT
SNAP	DUET
CUET	CUCET

Fee Structure

Fees for the Diploma in International Business degree are not fixed and depend on many factors. Factors affecting international business graduate fees include location, faculty, demand, infrastructure, and facilities available to students. The average fee for a diploma international business degree in India is around INR 1-10 LPA.

Name of College	Average Annual Fees
IMS Ghaziabad	INR 4 LPA
Birla Institute of Management & Technology	INR 6.5 LPA
Fore School of Management	INR 8 LPA
MDI, Gurgaon	INR 13 LPA

Course Comparison

Parameters	DIB	DIM
Course Name	Diploma in International Business	Diploma in Business Management
Course Overview	A diploma in international business imparts knowledge in the areas of export and import management, logistics, finance and foreign exchange, etc. It also works as an add-on course.	It deals with the management activities related to organizations such as planning, monitoring, etc. It serves as a complement to a short postgraduate course
Course Duration	1 – 2.5 Years	1 Year
Course Level	Diploma (Graduate)	Diploma (Graduate)
Eligibility Criteria	10+2 pass or equivalent from recognized board or Institute	10+2 pass or equivalent from recognized board or Institute
Admission Process	Entrance/Merit Based	Entrance/Merit Based
Career Prospect	Business development manager, International financial analyst, International Marketing manager etc.	Production manager, Business management researcher, marketing manager, Finance manager etc.
Average Annual Salary	INR 15 lakh - 25 lakh	INR 2 – 8 LPA

Top Colleges of Diploma in International Business

Listed below are some of the top Diploma in International Business Colleges in India which offer the course:

Name of College	Average Annual Fee(INR)	Location
IIS University	INR 5,500	Jaipur
Indian School of Business Management	INR 14,900	Hyderabad
Central India Institute of management studies	INR 23,000	Jabalpur
Jagran Lake city University Business School	INR 15,000	Bhopal
BIMTECH	INR 6.5 LPA	Noida
ISMR	INR 2.65 LPA	Pune
Parul University	INR 74,000 PA	Vadodara
Institute of Public Enterprise (IPE)	INR 4.55 LPA	Hyderabad
DBS	INR 4.68 LPA	Dehradun
Universal Business School	INR 5.5 LPA	Mumbai
Welingkar	INR 6.5 LPA	Mumbai
Fore School of Management	INR 8 LPA	Delhi
IIFT	INR 9 LPA	Delhi

Jobs and Placements in Diploma in International Business

The Diploma in International Business course offers various jobs in various specialist areas. Graduates of Diploma in International Business can choose from a wide range of positions in different industries and fields. Diploma in International Business job openings include Trade Analyst, Sales Manager, Export Manager and more. The curriculum and subjects of the Diploma in International Business provide the deep expertise needed to succeed in the industry.

Private Jobs

Diploma in International Business graduates find a variety of opportunities in the private sector. The average salary after Diploma in international trade is 6.5 LPA. Below are some private jobs for Diploma in International Business graduates along with their salaries:

Top Private Hiring Roles	Salary
Business Development Manager	INR 5.2 LPA
Logistics Manager	INR 6.5 LPA
Export Manager	INR 7 LPA
International Product Manager	INR 7.9 LPA

Government Jobs

Due to the diversity of the education, there are job opportunities for Diploma students in International Business at many locations. The average Diploma salary in International Business for government graduates is around INR 5.5 LPA. Job titles include:

Top Government Hiring Roles	Salary
Finance Manager	INR 9 LPA
Operations Manager	INR 7.5 LPA
Export and Import Manager	INR 4 LPA

Abroad Jobs

One of the most popular and fascinating courses for Indian students looking to study abroad is the Diploma in International Business. Students who complete Diploma in International Business from abroad are also more likely to understand the current demands for innovation in the world.

Top International Recruiting Companies who hire Diploma in International Business graduates are:

1. Blue Dart

2. Morgan Stanley

3. Accenture

4. ONGC

5. FedX

Job Profiles

Some of the famous expert avenues open to successful graduates of the Diploma in International Business degree are indexed underneath with the corresponding salaries provided for the respective positions.

Job Profile	Job Description	Average Salary in INR
International Financial Analyst	Financial analysts work in banks, pension funds, insurance companies, and other businesses. Financial analysts guide businesses and individuals in decisions about expending money to attain profit.	INR 4,50,000
International Marketing Manager	International marketing managers conduct data and statistical analysis by analyzing global trends to identify opportunities that would generate resources and attract more potential clients.	INR 9,10,000
Business Development Manager	Business development managers are responsible for driving business growth within a company. They develop a network of contacts to attract new clients, research new market opportunities and oversee growth projects, making sales projections and forecasting revenue, in line with projected income.	INR 8,00,000
International Product Manager	The duties of an international product manager usually revolve around developing marketing campaigns, overseeing the implementation of various marketing activities, directing marketing staff, and communicating with key stakeholders on the performance of international campaigns.	INR 30,00,000
International Trade Specialist	An international trade specialist provides information to business clients regarding global business expansion opportunities.	INR 17,00,000

Scope for Diploma in International Business

After completing the International Business degree, it opens the door to various professional prospects and career opportunities in Marketing, International Business, Management, Finance, Government Sector, Analytics, Import and Export, etc. 

1. You can apply for a job as International Financial Analyst, International Marketing Manager, Business Development Manager, Export and Import Product Manager, etc.

2. You can apply for positions in the public and private sectors.

3. You can also apply for positions outside of India as this course will provide you with international law and practice.

Thanks to globalization, an international business degree offers many opportunities not only in India but also in multinational and multinational companies.

In the global scenario, the need for a specialist knowledgeable in managing international markets and global affairs is the need of the hour. 

1. Some of the most popular post-graduate careers in business, management, finance, etc.

2. Academic options after an international business degree include an Advanced Diploma or Postgraduate Diploma in International Business or graduate courses such as business administration, management, etc.

Diploma in International Business: Career Prospects

The growing number of international companies and companies doing business internationally has made the demand for international business degree programs quite high. Many of these companies are looking for opportunities to grow and start their business abroad and therefore require candidates who can successfully navigate international scenarios and have an in-depth understanding of the concepts and theories useful in starting a business.

An international business degree will help you understand the resources available around the world. The students get to know the needs of international companies and learn how to use these resources optimally.

A career in international business offers many opportunities to travel abroad and settle in different parts of the world depending on the work you do. Aspiring international business graduates have the opportunity to work for some of the best companies in the world, such as Walmart and Bank of America.

FAQs

(1). Is Choosing an International Business Degree a Good Career Choice?

Ans: Yes, after 10+2 it's one of the best terrains in terms of good odds. An international business degree is quite relevant in today's situation, in which almost all companies operate globally.

(2). What basic knowledge must applicants have before they can apply for an international business degree?

Ans: Basic skills that candidates for international business studies should possess include adaptive thinking, communication or language skills, flexibility, etc. The key skills that matter the most are intercultural and networking skills.

(3). Can you find a job abroad with an international business degree?

Ans: Yes, but based on experience in the industry you are applying for. However, it is preferable to pursue further qualifications in international trade.

(4). Do universities offer postgraduate internship opportunities in international business?

Ans: Yes, the university offers internships and other post-graduate jobs at international companies. Various skills and training for practical application are imparted in the curriculum.

(5). Is the diploma in international trade a complementary education?

Ans: Yes and no. Some institutions offer them as supplementary courses. These institutes usually last 1 year.

(6). What is the assessment model for international business degrees?

Ans: It depends on the institute organizing the course. Most institutions hold annual exams for this course and project work is also submitted.

(7). After a degree in international business, Is there a job in the public sector?

Ans: Yes, there is strong demand in both sectors. Both governments are hiring staff for the travel and tourism industry.

(8). How many places are there for the Diploma in International Business?

Ans: The decision to accept study places in the Diploma in International Business rests entirely with the institution. However, most institutions offer a first-come, first-served basis for such a course.