The International Master in
Business is a two-year postgraduate program and anyone with a bachelor's degree
can take this course.
The International Master in
Business (IMB) is a comprehensive and globally oriented postgraduate program
designed to equip students with a deep understanding of various business
disciplines and the skills needed to excel in today's interconnected and
competitive business world. This program typically covers essential topics such
as finance, marketing, strategy, operations, and entrepreneurship, while also
integrating an international perspective to foster cultural awareness and
cross-border business acumen.
IMB students often have the
opportunity to study in multiple countries, collaborate with a diverse cohort
of classmates from different backgrounds, and engage in real-world business
projects to gain hands-on experience. By the end of the course, graduates are
prepared to take on leadership roles in multinational corporations, start their
own ventures, or pursue further academic pursuits in business-related fields.
The International Master in
Business program aims to produce versatile and forward-thinking professionals
who can thrive in the dynamic and complex global business landscape.
Particulars | Values |
Course Name | International Master in Business |
Course Level | Post Graduate (PG) |
Course Duration | 2 years |
Examination Type | Semester System |
Eligibility Criteria | Bachelor's degree + Valid Entrance Exam Score |
Admission Process | Entrance Exam |
Specialization | International Business |
Internship | Yes |
Entrance Exams | CAT, XAT, NMAT, CMAT, MAH CET etc. |
Course Fee | INR 5-15 Lakhs |
Average Annual Salary | INR 6-20 LPA |
Top Recruiters | Accenture, Citi, JP Morgan Chase & Co, Cognizant, Amazon |
Job Profiles | Export Manager, Business Development Manager, Investment Banker, Global Business Manager etc. |
1. The scope of this program is defined by the career prospects and salary packages offered to applicants with a bachelor's degree in the discipline.
2. It also offers the opportunity to travel abroad and settle anywhere in the world as the degree covers the international aspects of running a business.
3. The Masters in International Business will enable you to work for some of the most prestigious companies in the world.
4. Pole offers management pay and the opportunity for international corporate life.
5. Applicants with a Masters in International Business can also choose to work abroad, have better networking opportunities and earn a decent salary.
The eligibility criteria for applicants for a Masters in International Business program are not complicated and are as follows. It should be noted that the admission criteria differ from institution to institution.
1. The applicant should hold a bachelor's degree in a relevant discipline from a recognized college or university.
2. In order to be able to participate in this course, at least 50% of the total number of points must be achieved at the end of the course.
3. The applicant must have a valid score in the required entrance exam.
4. Work experience is not required but highly recommended.
Admission to the program is based on the candidate's score on the admission test.
1. Some of the leading entrance exams held for this purpose across India are CAT, MAT, XAT, CMAT etc.
2. Some universities also offer merit-based admission. Normally, the admissions process begins in August and September. By the end of August, online forms will be available for almost all entrance exams.
1. Apply for admission to the colleges or universities that interest you.
2. Good results in the Bachelor's exams, since the results obtained form the basis of the entire recruitment process.
3. Universities publish their cutting lists promptly. Check whether you are suitable for the course of your choice.
4. If eligible, attend college and submit all required documents.
1. Apply for admission to the colleges or universities that interest you.
2. Good results in the Bachelor's exams, since the results obtained form the basis of the entire recruitment process.
3. Universities publish their cutting lists promptly. Check whether you are suitable for the course of your choice.
4. If eligible, attend college and submit all required documents.
Specific skills are very important when hiring new employees. Here are some of the best Masters in International Business Skills:
1. Networking
2. Collaboration
3. Emotional Intelligence
4. Resilience and Adaptability
To be accepted into the Masters in International Business program, you
must pass a series of state and national entrance exams.
Here are some of the best entrance exams that are conducted to qualify students for admission to this course.
1. CAT: The CAT or Common Admission Test is an online test administered annually by IIMs to select students for admission to various management degree and graduate programs. The test result is widely accepted by many top universities across the country. The exam takes place annually.
2. MAT: The MAT, or Management Aptitude Test, is a national-level exam held four times a year. The All India Management Association (AIMA) conducts entrance exams for MBA/PGDM courses nationwide.
3. CMAT: The CMAT, or Common Management Admission Test, is an online computer-based test. It is administered by the National Testing Agency in India. The test is administered to qualify students for admission to AICTE-recognized postgraduate management programs.
CAT | MAT |
CMAT | XAT |
Masters in International Business in India is a
very popular degree as it takes into account the main aspects of global
competition, simplifies the dynamics of international business management,
works together, increases market share and maximizes benefits not only through
exports and imports. The average fee for an Masters in International Business is
INR 50,000 – 30 LPA.
Name of College | Average Annual Fees |
IIFT, New Delhi | 7.5 LPA |
Amity University | 7.6 LPA |
JMI | 56,000 PA |
LPU | 1.16 LPA |
AMU | 3.5 LPA |
Parameters | IMB | MBA |
Course Name | International Masters in Business | Master of Business Administration |
Course Overview | The International Business courses included in this course are foreign languages, trade finance & forex risk management, foreign trade policy and export management, making this program truly unique and raising it to the level of international status. | The course is designed to equip students with the knowledge and skills to succeed in leadership roles. MBA programs emphasize the development of analytical, critical thinking, and decision-making skills in an individual. |
Course Duration | 3 Year | 3 Year |
Course Level | Post Graduate (PG) | Post Graduate (PG) |
Eligibility Criteria | 50% marks in the Bachelor of Commerce undergraduate degree or equivalent qualification | Candidates must pass a bachelor's degree in any specialization from a recognized university with a minimum aggregate of 50 per cent |
Admission Process | Merit/Entrance Based | Merit/Entrance Based |
Career Prospect | Export Manager, Business Development Manager, Investment Banker, Global Business Manager etc. | HR Manager, Marketing Manager, Business Development Manager, etc. |
Average Annual Salary | INR 6 – 20 LPA | INR 5 – 25 LPA |
Listed
below are some of the top International Master in Business Colleges in India
which offer the course:
Name of College | Average Annual Fee (INR) | Location |
Symbiosis Institute of International Business | INR 7,90,000 | Pune |
Deccan School of Management | INR 60,000 | Hyderabad |
Alliance University | INR 13,50,000 | Bangalore |
Bharat University- Bharat Institute of Higher Education and Research | INR 1,00,000 | Chennai |
Indian Institute of Foreign Trade | INR 9,39,000 | Kolkata |
Malla Reddy University | INR 80,000 | Hyderabad |
According to PayScale, the average salary
for Masters in International Business professionals is around INR 7.91 LPA. The
salary package can be up to INR 12 LPA for graduates from reputable universities/institutes.
Applicants should have specific skills such
as International business knowledge of the economies of different countries,
understanding of modern business trends, leadership and corporate governance.
You must have a keen interest in business, excellent communication skills,
foreign language skills, persuasiveness and self-confidence.
Top Private Hiring Roles | Salary |
Navyah Immigration Services | 10 Lakhs |
Adal Immigration | 9 - 10 Lakhs |
Pear Visa | 12 Lakhs |
Applicants with a Master's degree in
International Business will find employment opportunities with government
agencies in export and import companies, financial companies, financial
institutions and banks. Since most shipping and aviation companies operate
internationally, graduates specializing in this training area can also find
employment in the aviation and shipping industry.
In addition, there are Masters Degrees in
Government Internships in International Business in Tourism and Tourism
Industry Organizations operating under various state and central governments of
India. The average salary for a Masters in International Business in India is
INR 3-8 LPA.
Top Government Hiring Roles | Salary |
ATMI Dataware Pvt Ltd | 2.4 Lakhs |
Edrishyaa IT India | 20 Lakhs |
Browne and Mohan | 15 Lakhs |
Top International Recruiting Companies who hire International Master in Business graduates are:
1. ICICI Bank
2. Amazon
3. Google
4. IBM
5. Accenture
6. UBS
7. Microsoft
Some of the famous expert avenues open to
successful graduates of the International Master in Business degree are indexed
underneath with the corresponding salaries provided for the respective
positions.
Job Profile | Job Description | Average Salary in INR |
Business Development Manager | SBI Life Insurance, OYO Rooms, Standard Chartered Bank, Flipkart, Cognizant, Amazon, Max Newyork Life Insurance, Nous Infosystems | INR 2.71 LPA |
Marketing Manager | Axis Bank, HDFC Bank, Kotak Mahindra Bank, Mahindra & Mahindra Ltd. Amazon, HCL Technologies Ltd., SBI Life Insurance Co. Ltd., Idea | INR 2.91 LPA |
Operations Manager | Amazon, Genpact, HDFC Bank, TCS, ICICI Bank, HCL Technologies Ltd., Axis Bank, Wipro | INR 3 LPA |
Area Sales Manager | ICICI Lombard General Insurance Company Limited, Mahindra & Mahindra Ltd., HDFC, Idea, Cipla Inc., 3M Company, Kotak Mahindra Bank, MACLEOD'S Pharmaceuticals | INR 2.98 LPA |
Business Development Executive | JustDial, Cleartrip, Photon Infotech | INR 2.74 LPA |
Senior Business Analyst | TCS, Accenture, EXL Service.com, Cognizant, J.P. Morgan Chase & Co. (JPMCC), FIS, Evalueserve, Novartis | INR 4.43 LPA |
Project Manager, (Unspecified Type / General) | Infosys, Wipro, TCS, Accenture, Capgemini, Tech Mahindra Ltd., HCL Technologies Ltd., Cognizant | INR 4.69 LPA |
Business Manager | HCL Technologies Ltd., Groupm | INR 3.51 LPA |
Investment Banker | Bank of America Corp. (BOFA), The Goldman Sachs Group, Inc. | INR 3.5 LPA |
The International Master in Business IMB
program is an advanced, postgraduate-level degree, and it is built around the
knowledge and expertise of Italy's renowned SDA Bocconi School of Management.
It blends theory, case-study methodology, and global business experiences, with
extensive corporate exposure to produce responsible business leaders. It is
accredited by the AACSB, the AMBA, and EQUIS.
The IMB programme was founded 25 years ago
and is currently one of the most established in SE Europe. It was the first
master's programme in Slovenia and is based on the European Credit and
Accumulation System (ECTS). In 2016, the Financial Times listed the IMB as one
of the world's top 100 MBA programmes. Today, graduates of the IMB program are
key employees of leading Slovenian companies.
IMB graduates are able to find excellent
jobs and become valuable members of the business community, and they are also
highly sought after by employers. A recent survey showed that many people are
looking for international job opportunities. It was hard to predict how many
people will become managers in a decade, but the IMB program has a growing
reputation. The IMB program is internationally acclaimed and includes a
specialization semester in Milan. The two-year course provides a solid
foundation for a career in international business.
Students will gain a range of skills to be
successful in the global economy. IMB alumni reported improving their
communication skills and confidence, which will be helpful for their future.
The International Master in Business (IMB)
program is an intensive, 1.5-year MBA program aimed at people with or without
prior work experience. Students with a bachelor's degree may be eligible for
admission. Many IMB graduates go on to successful careers in the corporate
sector, where they can take advantage of their IMB credentials. After
graduating, you can expect a good salary and job opportunities.
The International Master in Business
programme consists of two 11-month modules, including a 4-month specialization
semester in Milan, Italy. The program's modular structure allows participants
to get the most out of a short period of time. The program's focus on case
study methodology, international exposure, and cultural diversity allow
students to make the most of their limited study time. And because students
study in an environment with diverse cultures and perspectives, it is the
perfect option for people looking for international exposure.
The International Master in Business
program is the equivalent of a postgraduate degree and is a unique program that
combines the knowledge of the SDA Bocconi School of Management in Milan with a
global perspective. The curriculum is structured in two eleven-month modules,
including a specialization semester held on the main campus of Bocconi in
Milan. This program enables students to make the most of their limited time,
while also offering a global perspective and a multicultural environment.
(1) What is an International Master
in Business?
Ans:
An International Master in Business, often abbreviated as IMB, is a specialized
postgraduate degree program designed to provide comprehensive knowledge and
skills in various areas of business and management. It is typically targeted at
individuals who wish to advance their careers in the global business
environment and gain a deeper understanding of international business
practices.
(2) What are the typical admission
requirements for an International Master in Business?
Ans:
Admission requirements may vary depending on the university or institution
offering the program. However, common requirements often include a bachelor's
degree in a related field, such as business, economics, or management. Some
programs may also require relevant work experience, a competitive GMAT or GRE
score, letters of recommendation, and a statement of purpose.
(3) How long does the International
Master in Business program take to complete?
Ans:
The duration of an IMB program varies, but it typically takes one to two years
to complete full-time. Part-time options may be available, which can extend the
program's duration.
(4) What subjects or courses are
covered in an International Master in Business?
Ans:
The curriculum of an IMB program covers a wide range of subjects, including
international marketing, finance, strategic management, supply chain
management, international trade, entrepreneurship, cross-cultural management,
and global economics.
(5) Are there any language
requirements for the program?
Ans:
Given the international nature of the program, some institutions may require
applicants to demonstrate proficiency in English or another commonly used
business language. This is usually assessed through standardized language tests
like TOEFL or IELTS.
(6) Can I pursue an International
Master in Business without prior business education?
Ans:
While some IMB programs may accept students with diverse educational
backgrounds, having prior business education or related experience can be
beneficial. If you do not have a business-related undergraduate degree, you
might be required to take additional foundational courses before starting the
core IMB curriculum.
(7) Are there opportunities for
international exposure during the program?
Ans:
Yes, many IMB programs offer opportunities for international exposure, such as
study abroad programs, international internships, or field trips to foreign
countries. These experiences aim to provide students with practical exposure to
global business practices and cultural diversity.
(8) What career opportunities can I
expect after completing an International Master in Business?
Ans:
Graduates of an IMB program can pursue a wide range of careers in the global
business arena. Some common career paths include international business development
manager, global marketing manager, international trade analyst, supply chain
manager, management consultant, and entrepreneurship in international markets.
(9) How does an International Master
in Business differ from an MBA?
Ans:
An International Master in Business typically focuses on the global aspects of
business and provides specialized knowledge in international business
practices. On the other hand, a Master of Business Administration (MBA) offers
a broader and more general management education, covering various business
disciplines with a focus on leadership and decision-making. An IMB may be more
suitable for those specifically interested in global business, while an MBA is
ideal for individuals seeking a versatile and comprehensive business education.
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