MBA in International Business
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2 Years
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Post Graduate
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Management
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Full Time
2 Years
Post Graduate
Management
Full Time
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.
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 | CAT, XAT,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 |
The scope of this program is defined by the employment prospects and compensation packages available to applicants with a degree in this discipline.
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.
An MBA in International Business Management allows you to work for some of the world's most prestigious companies.
The field offers the highest salary for managerial roles along with the chance to have an international corporate life.
Candidates with a degree in MBA International Business can also choose to work abroad, have better networking opportunities, and earn handsome salaries.
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
This program is specially designed for people who are working professionals.
The students must have valid GMAT or GRE scores with sufficient work experience.
They must graduate from a recognized college or university with a minimum of 50% aggregate.
Usually a minimum of 5 years of experience is required.
The fee for this program is quite high and is very famous abroad.
There are some colleges in India that provide such courses but their fees are quite high.
The Fees range from INR 20 Lakhs.
5. Online MBA in International Business
It's a two-year program for students in an online medium.
The eligibility norms are the same as that for a full-time regular MBA course in International Business.
However the fees may vary from college to college but is comparatively lesser than the regular course.
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:
Students must clear the required cutoff in the appropriate entrance exam specified by the institute.
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.
Some institutes also seek a minimum amount of work experience of 1 year for 30 to 40 percent of the batch.
Students must qualify for group discussion and personal interviews and make it to the merit list to get admission.
| 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 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. | CAT, MAT, 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 Delhi, IMI-New Delhi, Alliance University-Bangalore, etc. | IMII Noida, IME Ghaziabad, JMI New Delhi, etc. |
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.
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 |
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 |
| 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 |
| 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 |
| 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 |
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 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.
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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