MBA in International Business

  • course years 2 Years
  • type of course Post Graduate
  • course stream Management
  • course type Full Time
Written By universitykart team | Last Updated date Apr, 16, 2024

MBA in International Business: Full Form, Admission Process, Eligibility, Exams, Fees Structure, Syllabus, Career, Future Scope, Top Colleges

MBA in International Business is a two-year postgraduate management degree that deals with the nuances of international finance, e-commerce, and trade policy while providing a basic understanding of international business and how it promotes a more interdependent and interconnected global economy. Some job roles that the students can undertake include Business Development Manager, Operations Manager, Area Sales Manager, Business Analyst, Operations Team Leader, etc.

MBA in International Business is one of the most sought-after MBA programs in India. Global MNCs and Indian MNCs like TATAs, BIRLAs, Mahindras, and IT Companies like Infosys are seeking MBA in International Business graduates who understand international business and markets well. During an MBA in an International Business program, students study aspects of global competition, simplifying the complexities of international business management, managing international finance, a global consultancy, international marketing, making the best use of international logistics & supply chain, international laws on customs, tariffs, duties, documentation among others.

Many top MBA colleges in India are offering MBAs in International Business Management with high domestic and international placements. Indian Institute of Foreign Trade (IIFT), and Symbiosis Institute of International Business (SIIB) Pune offer MBA in International Business as their flagship program, while MDI Gurgaon, K J Somaiya Institute of Management Studies & Research Mumbai, BIMTECH Great Noida also offer MBA in International Business (MBA-IB) as their 2 years full-time management program. Read this special article to gain an understanding of MBA in International Business, top colleges offering MBA in International Business, key Courses taught, Placements & Jobs, and many others.

Many Top MBA colleges in India are offering MBAs in International Business Management with high domestic and international placements. Indian Institute of Foreign Trade (IIFT), and Symbiosis Institute of International Business (SIIB) Pune offer MBA in International Business as their flagship program, while MDI Gurgaon, K J Somaiya Institute of Management Studies & Research Mumbai, BIMTECH Great Noida also offer MBA in International Business (MBA-IB) as their 2 years full-time management program.

MBA in International Business Course Details

The highlights of the MBA in International Business course details:

Particulars Values
Degree Name MBA in International Business
Full-Form Master of Business Administration in International Business
Degree Type Postgraduate
Degree Duration 2 years
Eligibility Graduate of any stream with a minimum of 45% qualifying marks.
Key Skills Required Excellent communication skills, business aptitude, interest in changing financial trends and economies of other countries
Age No specific age limit
Average Fees INR 50,000 - 30 LPA
Average Salary Rs. 8.5 Lakh per annum
Admission process Entrance Exam + Group Discussion + Personal Interview (GD-PI)
Cutoff

Highest - 98 percentile (CAT)

Average - 90 percentile (CAT)

Entrance Exams CATXAT,GMAT, SNAP, NMAT, CMAT
Top recruiters TCS, JP Morgan Chase & Co., WNS Global Services, Accenture, Citi Bank, Bank of America, Goldman Sachs, ICICI Bank, etc.
Job profiles Business Analyst, Project Manager, Business Development Manager, Operations Manager, Marketing Manager, Area Sales Manager, Business Development Executive, Business Analyst, Operations Team Leader, Executive Assistant, etc.
Approved By UGC

Why Study MBA in International Business?

  1. The scope of this program is defined by the employment prospects and compensation packages available to applicants with a degree in this discipline.

  2. It also provides the opportunity to travel overseas and settle in any part of the world as the degree covers the international aspects of business management.

  3. An MBA in International Business Management allows you to work for some of the world's most prestigious companies.

  4. The field offers the highest salary for managerial roles along with the chance to have an international corporate life.

  5. Candidates with a degree in MBA International Business can also choose to work abroad, have better networking opportunities, and earn handsome salaries. 

MBA in International Business Admission Process

The admission for MBA in International Business course, students are expected to secure 50% aggregate in any undergraduate course from a recognized university. Apart from that, the selection process is also done based on scores obtained in common entrance exams. The course is open to anyone who meets the basic MBA in International Business eligibility requirements and doesn’t have any age limit restrictions.

Types of MBA in International Business Courses

There are 3 modes of pursuing the MBA in International Business course which are Full-Time, Part-Time, and Distance MBA in International Business. Details of all types of MBA in International Business courses are given below:

1. Full-Time MBA in International Business

It is a 2-year course with classroom learning, classroom examinations, and hands-on learning. The Full-Time MBA in International Business course is the most value-for-money course since it also involves interaction with experienced professors. The benefit of doing an MBA in International Business course in a full-time mode is that the students will be able to get the opportunity to learn about concepts in great depth and detail.

2. Part-Time MBA in International Business

With a rise in demand for International Business professionals in India, this course has been designed in a part-time mode too. People who cannot dedicate their complete time to pursuing MBA in International Business course can get admission and complete it at their convenience.

3. Distance MBA in International Business

Many colleges in India offer MBA in International Business Distance to interested students in online and distance learning modes. Study equipment, Live and recorded lectures, and practice sheets are offered to students so they can make use of them in the comfort of their homes.

4. 1 Year MBA in International Business

  1. This program is specially designed for people who are working professionals.

  2. The students must have valid GMAT or GRE scores with sufficient work experience.

  3. They must graduate from a recognized college or university with a minimum of 50% aggregate.

  4. Usually a minimum of 5 years of experience is required.

  5. The fee for this program is quite high and is very famous abroad.

  6. There are some colleges in India that provide such courses but their fees are quite high.

  7. The Fees range from INR 20 Lakhs.

5. Online MBA in International Business

  1. It's a two-year program for students in an online medium.

  2. The eligibility norms are the same as that for a full-time regular MBA course in International Business.

  3. However the fees may vary from college to college but is comparatively lesser than the regular course.

MBA in International Business Application Process

Admission to MBA in International Business is strictly based on aptitude test scores and personality assessments. Candidates have to clear common MBA entrance exams such as IIFT, GMAT, MATCAT, ATMA, or XAT to be selected for the personality assessment round of admission, which usually includes Group Discussion/Extempore/Presentation/Written Ability Test and Personal Interview. Those opting for MBA in International Business in part-time or distance learning mode are required to only have cleared the relevant entrance test.

MBA in International Business Eligibility Criteria

The eligibility criteria for MBA in International Business program varies for different institutes. People from different academic backgrounds can pursue an MBA IB degree program. There are various MBA entrance exams such as CAT, XAT, GMAT, SNAP, NMAT, and CMAT that provide admission to Top MBA colleges in India. In order to be eligible for admission to MBA IB in Top MBA Colleges in India, students are required to topo be a graduate or in their final year of graduation and must fulfill the following requirements:

  1. Students must clear the required cutoff in the appropriate entrance exam specified by the institute.

  2. Students must hold a bachelor's degree or be in their final year of graduation from any discipline with a minimum of 60 percent aggregate. Some of the popular bachelor's degree programs are BBA and B.Tech. and B.Com.

  3. Some institutes also seek a minimum amount of work experience of 1 year for 30 to 40 percent of the batch.

  4. Students must qualify for group discussion and personal interviews and make it to the merit list to get admission.

MBA in International Business Skills Required

Networking Time management Emotional Intelligence
Leadership Skills Collaboration Decision-Making Skills
Analytical and Critical thinking skills Communication skills Resilience and Adaptability
Awareness of the market and products Interest in Business and Management Managerial Skills
Strategic mindset Observation skills -

MBA in International Business Entrance Exams

CAT ATMA IIFT
CMAT SNAP GMAT
XAT MAT NMAT

MBA in International Business Selection Criteria

Marks scored in related management entrance exams by students are taken into account. After an interview, deserving aspirants are allocated seats.

MBA in International Business Course Comparison

MBA IB stands for Master of Business Administration in International Business and is typically catered to students who desire to learn about the fundamentals of International Business. Below is a comparison of the MBA in International Business course with other courses:

MBA in International Business v/s M.Sc. International Business

Course MBA in International Business M.Sc. International Business
Full-Form Master of Business in International Business Master of Science in International Business
Course Duration 2 Years 2 Years
Stream Management Science
Entrance Exams CAT, GMAT, MAT, IIFT, etc. CATMAT, CMAT, XAT, etc.
Eligibility Minimum 50 Percent in Graduation Minimum 50 Percent in Bachelor of commerce
Fees INR 5 LPA to 10 LPA INR 60,000– 15 LPA
Top Colleges IIFT-New DelhiIMI-New DelhiAlliance University-Bangalore, etc. IMII Noida, IME Ghaziabad, JMI New Delhi, etc.

MBA in International Business Top Colleges

India is home to more than 6500 MBA Colleges catering to more than 3 Lakh students every year. Most of the MBA colleges are centered around big cities like Delhi, Mumbai, Bangalore, Kolkata, etc.

City Colleges Fees (INR)
Pune Sinhgad Institute of Management INR 1,28,000
  Neville Wadia Institute of Management Studies and Research INR 1,70,000
  Symbiosis Institute of International Business INR 7,90,000
  MIT World Peace University INR 3,75,000
  Bharati Vidyapeeth University, Institute of Management and Entrepreneurship Development INR 2,25,000
  Flame University INR 6,60,000
  Zeal Education Society’s Zeal College of Engineering and Research INR 94,679
  Lexicon Mile- Management Institute of Leadership and Excellence INR 8,30,000
  Alard Institute of Management Sciences INR 3,50,000
  Balaji Institute of International Business INR 4,45,000
Bangalore Gems B- School INR 4,40,000
  Adarsh Institute of Management and Information Technology INR 5,00,000
  Rai Technology University INR 4,15,000
  Alliance University INR 13,50,000
  International Institute of Business Studies INR 7,00,000
  Sindhi Institute of Management INR 4,00,000
  Reva University INR 3,00,000
  NSB Academy INR 6,50,000
  CMR University INR 2,25,000
  St. Claret Institute of Management INR 2,30,000
Chennai Avidus Academy of Management INR 1,95,000
  Rajalakshmi School of Business INR 6,00,000
  All India Institute of Management INR 60,000
  Bharat University- Bharat Institute of Higher Education and Research INR 1,00,000
  Xavier Institute of Management and Entrepreneurship INR 8,00,000
  Vel Tech Dr. RR and Dr. SR Technical University, Vel Tech Business School INR 93,000
  Saveetha School of Management INR 2,00,000
  Indian School of Science and Management INR 5,50,000
  Aam Business School INR 37,500
  Crescent School of Business INR 3,74,000
Mumbai Vivekanand Business School INR 3,52,500
  Somaiya Vidyavihar University INR 7,81,785
  ICFAI Business School INR 4,05,000
  Aditya Institute of Management Studies and Research INR 3,80,325
  KJ Somaiya Institute of Management INR 7,81,785
  DY Patil University INR 4,20,000
  Amity University INR 5,00,000
  Pillai Institute of Management Studies and Research INR 1,92,500
  DY Patil University’s School of Management INR 4,20,000
Kolkata Nightingale Institute of Management Studies INR 72,000
  International Institute of Business Studies INR 7,45,000
  Eastern Institute of Management INR 2,25,500
  International Management Institute INR 6,27,950
  Globsyn Business School INR 7,95,000
  University of Engineering and Management INR 2,30,000
  GLF Business School INR 4,03,000
  Indian Institute of Foreign Trade INR 9,39,000
  Army Institute of Management INR 4,26,144
  Pioneer College of Management INR 1,10,000
Delhi Delhi School of Business- VIPS Technical Campus INR 4,30,000
  Bharti Vidyapeeth Institute of Management and Research INR 3,25,000
  Tecnia Institute of Advanced Studies INR 1,26,900
  Indian Institute of Foreign Trade INR 8,85,000
  Banarsidas Chandiwala Institute of Professional Studies INR 1,26,900
  Management Education and Research Institute INR 1,44,000
  Jamia Millia Islamia University INR 33,620
  Department of Commerce, University of Delhi INR 15,696
  K. K. Modi International Institute INR 6,40,000
  Delhi University INR 24,752
Hyderabad Malla Reddy University INR 80,000
  Vishwa Vishwani Institute of System Management INR 6,07,000
  Institute of Insurance and Risk Management INR 3,20,000
  Woxsen University INR 6,95,000
  Deccan School of Management INR 60,000
  Symbiosis Institute of Business Management INR 6,08,000
  Badruka College Post Graduate Centre INR 1,16,000
  Institute of Public Enterprise INR 4,55,000
  Administrative Staff College of India INR 7,50,000
  Gitam Hyderabad Business School INR 3,96,000

MBA in International Business Jobs & Placements

As mentioned earlier, the job responsibilities in the field of international business are highly specialized and the industry faces a shortage of resource persons. As a result, the salaries of professionals working in this area tend to be better than regular MBAs.

A postgraduate in international business from a reputed institution in India can get an entry-level salary offered in the range from 5 lahks to 12 lakh per annum and generally the designation offered is a management trainee. With a few years of experience and the development of skills, promotion in this sector tends to be faster than in other MBA specializations.

Average Salary of a Fresher 4 -8 lakhs
Average Salary of Candidate with 2 years Experience 4.80 – 12 lakhs

The salary trends vary according to the job profile, company, and work experience.

Job Profile Average Salary
Senior Business Development manager Rs. 9.1 LPA
Associate Project Manager Rs. 7.1 LPA
Business development manager Rs. 7.4 LPA
Operations Manager Rs. 7.62 LPA
Operations Team Leader Rs. 5.2 LPA
Marketing Manager Rs. 8.48 LPA

MBA in International Business Top Recruiters

Students having an MBA degree in IB get placed in various sectors. As a result of globalization, all kinds of businesses are keen on attaining a global scale and require efficient transaction and exchange skills. Hence, candidates get recruited by top IT companies, banking firms, exporting companies, the logistics sector, etc.

Credit Suisse Microsoft Corporation Pricewaterhouse Coopers USB
HDFC Bank IBM McKinsey & Company Axis Bank
WIPRO Citi Bank Cognizant Amazon
Lehman Brothers ICICI Bank HSBC Bain & Company
Google Johnson & Johnson JP Morgan Chase & Co Accenture
Booz & Company Deutsche Bank Merrill Lynch & Co Boston Consulting Group
Bank of America Deloitte Consulting LLP Goldman, Sachs & Co Morgan Stanley

MBA in International Business: Domestic & International Roles

Domain Recruiters Profiles offered
Finance DE Shaw, Epik InDiFi, Home credit, Rivigo, Syngenta, Tresvista, Goldman Sachs, JPMC, Axis Bank, HSBC, ICICI Bank, Yes Bank, GE, L&T, Piramal Finance, Synergy Consulting, CRISIL, Citibank, IVP, Amazon, Genpact, Sammunati Finance, Tata Motors Roles in Investment banking, Risk management, corporate treasury, consumer banking, FMP
General Management Mahindra & Mahindra, Airtel, RPG, Click Labs, Polycab GMC, more Gen Management roles, and New types of roles offered
IT/ITES EXL, Capgemini, Indigene, TCS, Wipro, Amazon, Brillio, Google, Hexaware A variety of roles offered
Sales & Marketing HUL, Rivigo, Enhance Group, Tata Global Beverages, Bata, Fermenta Biotech, Field Fresh Foods, GE CLP, ITC, GILAC, Marico, ABFRL, Britannia, Bajaj Auto, Maruti Suzuki, Royal Enfield, Tata Motors, Tata Steel, Flipkart, Swiggy, OYO, Games 24*7, Google, Hexaware, Infoedge, Value Labs. Business Analyst, Campaign Manager, Category Manager, Digital Marketing, Marketing Manager, Product Manager, Sales Manager
Trade & Operations Export Trading Group, Aegis Resources, CIMAF, ADM, Olam International, LDC and Trafigura, Freight Tiger, Genpact, Rivigo, Seashell Logistics, Maersk Line, Amazon International roles were off­ered in Africa, South America, and the Middle East. The Trade domain witnessed international off­ers with the compensation of $150,000. Roles in Operations & Supply Chain were offered by top recruiters
Strategy & Consulting Roland Berger, BCN, Brillio, CBC, Droom, GOP, i3 Consulting, IMC, GPL, Deloitte GRID, PayTM, GoMMT, OYO, Optum, EXL Management consulting, Financial consulting, Operational Excellence, Strategy, Product Management

MBA in International Business Salary Package

Job Title Average Salary(per annum)
Marketing Sales Director INR 38,00,000
Business Analytics Manager INR 24,79,234
Risk Management Director INR 52,50,000
Chief Executive Officer INR 29,48,782
Business Development Manager INR 5,97,879
Real Estate Development Manager INR 44,48,646
Information Security Director INR 25,00,000
Government Affairs Director INR 39,03,660
Supply Chain Management Director INR 30,94,801
Corporate Auditing Director INR 32,15,638

MBA in International Business Career Opportunities

Career Options after MBA in International Business. As the world is narrowing day by day, and economic interdependence between countries is growing, the demand for MBA in International Business jobs in India is also rising. Due to companies and the industry's increasing demand, an MBA in International Business scope is high and has become one of India's most favored advanced MBA courses. It has now become a core area of research offering strong career growth prospects.

Some MBA in International Business job profiles are as follows:

Business Consultant Product Manager
Export Executives Export managers 
Business Development Manager Global Business Manager
International Marketing Manager Brand Manager
International Finance Manager Campaign Manager
Business Analyst International Business Consultant
Sales Manager -

MBA in International Business Future Scope

MBA in International Business Management provides an opportunity to work for the world’s best companies in the following functional areas such as:

International Banking Compliance Management
Brand Management International Human Resource
Logistics Management Foreign Exchange Management
Export-Import Management International Marketing
International Marketing International Trade

Scope of MBA in International Business for Higher Education

The MBA IB is all about understanding the business opportunities that exist at the global level and getting to know about the nuances of international finance. Students interested in higher education can pursue a Ph.D. in Business Management or equip themselves with international business certification courses. Learning new language courses can also help the students to understand the socio-culture of foreign cities.

FAQs Related to MBA in International Business

1. What is MBA in International business?

Ans: MBA in International Business is a specialization that focuses on training the candidate in the basic skills and knowledge of international business, trade, import, export, laws, policies, etc. to conduct business on a global platform.

2. What are the eligibility criteria for MBA in International Business?

Ans: The eligibility criteria for MBA in International Business is graduation or equivalent from a recognized university. Most of the institutes have minimum score criteria of 50 percent in graduation 45 percent for the reserved category.

3. Does MBA in international business requires maths?

Ans: You need some basic maths knowledge for doing accounts. Because in the first year you will get some Financial Accounting, Quantitative Techniques, Application Statistics subjects, etc.

4. What is the admission process for an MBA in International Business?

Ans: The admission process for MBA in International Business includes shortlisting of candidates through an entrance exam and personality assessment through GD/WAT and PI.

5. What is the scope of doing an MBA in International Business?

Ans: Graduates with MBA in International Business are offered lucrative opportunities from different industries at different kinds of managerial positions. After completing an MBA in International Business, candidates can either start working as a Manager in top MNCs or can choose to pursue a doctoral/ research degree in management.

6. What are the average fees for an MBA in International Business?

Ans: The average fees for an MBA International Business course are around INR 5 - 10 Lakhs.

7. What is the average salary of an MBA IB graduate?

Ans: The top-level salary for a professional with more than five years of experience is around Rs. 1.5 Lakh per annum. The salary could be more or less if someone is working abroad.

8. What job roles are available after MBA in International Business?

Ans: MBA International Business graduates can access a wide range of job opportunities in international companies, entering roles like international business developer, international marketing manager, foreign policy advisor, international finance manager, and import or export consultant.

9. What are the top entrance exams for admission to MBA in International Business?

Ans: CAT, XAT, GMAT, SNAP, NMAT, CMAT, and IIFT are some of the top entrance exams for MBA IB admission.

10. How is MBA different from MBA in International Business?

Ans: If we talk about the eligibility and exams for admission, there is no difference. The only difference is in the curriculum and scope of the course. MBA, on one hand, focuses on management internally whereas an MBA in International Business teaches about management not just at the country level but at an international space.

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