(1). About the Course
PGDM in International Business is a 2-years postgraduate path in control that includes the look at a way to control and extend cross-border commercial enterprise activities. The course is equal to an MBA in International Business provided by using many universities and their affiliated colleges. However, standalone institutions offering PGDM in IB courses tend to keep making new additions to The path curriculum and preserve it up to date according to the industry's trendy necessities.
The PGDM in International Business is a superb desire for a candidate who wishes to enroll in a fast-moving and dynamic industry, which gives limitless opportunities for growth. The course equips a student with the knowledge and skills to excel in areas related to the international business activities of an organization. Students on this path aren't best taken thru numerous elements of commercial enterprise control however made greater awareness of how to interact with people from different nationalities and maintain professional behavior while conducting transactions and business interactions.
PGDM in International Business syllabus is designed to offer college students the problematic and superior expertise required within the discipline of global business. After finishing the course, the PGDM in International Business activity scope for applicants is throughout numerous regions inclusive of logistics, marketing, commercial enterprise consultancy, etc.
PGDM in International Business is a program that deals with innovative and creative international business practices that provide comprehensive knowledge of marketing, finance, export management, trade, and practices, among other topics, that are deeply embedded in the international business curriculum. PGDM in International Business jobs after commencement encompass product manager, global finance manager, commercial enterprise analyst, etc.
This course gives an edge to the management student over other fields competing in the domestic market. The highlights of PGDM in International Business Management are:
|Course Name||Post Graduate Diploma in Management in International Business|
|Course Level||Post Graduate Diploma|
|Course Duration||2 years|
|Eligibility Criteria||Bachelor's degree with 50% marks|
|Examination Type||Semester based|
|Course Specialization||International Business|
|Course Mode||Full Time / Distance|
|Age||No age limit|
|Admission Process||Entrance/ Merit-based|
|Average Annual Fees||INR 1,00,000-10,00,000|
|Average Annual Salary||INR 3,50,000-16,00,000|
|Entrance Exam||CAT, GMAT, CMAT, MAT, NMAT, SNAP|
|Top Recruiters||Infosys, Boston Consulting Group, Accenture, FedEx, Blue Dart, ONGC, Johnson & Johnson, Microsoft Corporation, Deutsche Bank, Pepsi, and Morgan Stanley among others|
|Job Profiles||International marketing manager, product manager, business analyst, international finance manager, export manager, etc.|
Why Study PGDM International Business?
In today’s world of cut-throat competition, PGDM in IB broadens the opportunities available for the student. Businesses are expanding all over the world and a degree in International Business management comes in handy when the jobs are shrinking in our country.
(1). Easy transfer to overseas market
Some people want to settle abroad and work. This aspiration will become lots greater potential with the PGDM-IB direction because you have already got know-how of handling worldwide operations and commercial enterprise transactions. Thus, it makes switching jobs across countries an easy task.
A number of people want to start their own businesses but fail to do so due to a lack of marketing and Business strategies. A path in PGDM-IB equips you to begin your very own enterprise without worry. Consultancy companies are one feasible option.
(3). Variety of Industries
Students can opt for various specializations and end up in an industry of their choice such as Banks, Financial Institutions, Trade houses, investment companies, international business consultancies, export-import companies, airlines, cargo, global shipping companies, etc.
(4). Practical information inside the Business Field
Students are assigned industrial case studies to foster a better understanding of the business environment. Students discover ways to paint below strain and broaden their technical understanding of enterprise and amazing managerial skills.
(2). Admission Process
PGDM in International Business admissions depends on how well they perform on the qualifying exam. Candidates must succeed in the college's entrance exam. A graduate degree and strong exam results are the minimum prerequisites for candidates to be eligible for the PGDM in International Business.
The candidate must take entrance examinations like the CAT, GMAT, MAT, etc, and achieve a score over the cut-off in order to enroll in a PGDM program with a specialization in International Business.
Types of PGDM in International Business Courses
Both full-time and part-time alternatives are to be had to aspirants for the course. The numerous PGDM in International Business path sorts are specific below:
PGDM International Business Distance learning is provided by lots of institutions and colleges in India and like full-time, it is for 2-4 years. This path is for college students for whom it's far unaffordable to wait for instructions on campus who're operating full-time and are not able to dedicate the time essential to finish a full-time course.
The PGDM in International Business is a two-year postgraduate course divided into four semesters. In this subject, practical exposure is aligned with academic content. Students who choose the full-time learning option are required to participate in regular classroom instruction. The advantage of a full-time course is that students can gain much more exposure and experience and increase their learning curve.
A part-time PGDM in International Business is a two-year course. Professionals who are currently employed and unable to take time off for full-time study can benefit greatly from the part-time PGDM in International Business program.
Given below are the general eligibility criteria to apply for a PGDM in International Business course at top colleges in India. Please note that the eligibility criteria can be different in various colleges.
Given below is the process of admission to the PGDM in International Business courses of top colleges in India. Only eligible candidates will be allowed to take part in the selection process of various colleges.
Accepted Entrance Exam
Entrance is a test that tested the aspirant’s knowledge of the course which she/he applied for. As International Business Management is a professional course, hence various universities and institutions organized their own entrance exam for selection. Apart from this, there are various national-level entrance exams which are as follows:
As this is the specialization course of PGDM. So it is required the same skill as a PGDM aspirant must including some extra skills which help you in international marketing.
|Interpersonal Influence||Adaptive Thinking||Ability to work Under Pressure.|
|Leadership qualities||Business Aptitude.||Excellent computer skills|
|Outstanding Networking Abilities||Cross-Cultural Communication||Strong analytical skills|
|Skills upon Languages||Excellent communication skills||Ability to Collaborate|
|Good Team Work||Strong logical reasoning ability||Strong Emotional Intelligence|
|Interest in international trade||Willingness to learn|
The PGDM in International Business course fee is not fixed and depends on many factors. Some of the factors that affect the PGDM in International Business fees include location, faculty, demand, infrastructure, and the facilities available to the students. The average PGDM in International Business course fee in India is around INR 1,00,000-10,00,000 PA.
|Name of College||Average Annual Fee(INR)|
|IMS Ghaziabad||INR 4,00,000|
|Fore School of Management, Delhi||INR 8,00,000|
|MDI, Gurgaon||INR 13,00,000|
|Birla Institute of Management & Technology, Noida||INR 6,50,000|
The selection process can be done either via merit-based or entrance-based methods. Based on their academic performance, having graduated with at least 50 percent in any field from an accredited institution. Students must also qualify for entrance exams such as the CAT, MAT, GMAT, etc. to be considered for selection. Following that, applicants are eligible for the next round of admission.
(3). Course Comparison
PGDM in International Business v/s MBA International Business
The PGDM in International Business is an abbreviation for Post Graduate Diploma in International Business, and it is typically geared toward students who are interested in and inclined toward internal trade and practices. The table below showcases the differences between the PGDM in International Business and MBA in International Business:
|Parameter||PGDM in International Business||MBA International Business|
|Course Name||Post Graduate Diploma in Management in International Business||Master of Business Administration In International Business|
|Course Overview||PGDM in International Business is a 2-years postgraduate path in control that includes the look at a way to control and extend cross-border commercial enterprise activities. The course is equal to an MBA in International Business provided by using many universities and their affiliated 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.|
|Course Duration||2 years||2 years|
|Eligibility Criteria||Bachelor's degree with 50% marks||Graduate of any stream with a minimum of 45% qualifying marks.|
|Entrance Exams||CAT, GMAT, XAT, CMAT, MAT||CAT, XAT,GMAT, SNAP, NMAT, CMAT|
|Average Annual Fees||INR 1,00,000-10,00,000||INR 50,000 – 30,00,000|
|Top Colleges||BIMTECH, MDI Gurgaon, IMS Ghaziabad||IIFT-New Delhi, IMI-New Delhi, Alliance University-Bangalore, etc.|
(4). Top Colleges
The number of colleges providing specialization in PGDM-IB courses is few as compared to other management colleges. The selection process for PGDM-IB is similar to any MBA course and requires clearing MBA Entrance Exams. A listing of pinnacle faculties supplying specialization in this discipline is supplied beneath for your convenience. The following is a list of the best college for PGDM in International Business in India:
|Name of College||Average Annual Fee(INR)||Location|
|Fortune Institute Of International Business ( FIIB )||INR 8,10,000||New Delhi|
|Institute Of Management Studies ( IMS)||INR 7,95,000||Ghaziabad|
|Fore School of Management||INR 8,00,000||Delhi|
|Parul University||INR 2,50,000||Vadodara|
|Shanti Business School ( SBS)||INR 6,16,000||Ahmedabad|
|Asia- Pacific Institute of Management||INR 9,65,000||New Delhi|
|Universal Business School||INR 5,50,000||Mumbai|
Top City-wise PGDM in International Business Colleges
The colleges that offer PGDM in International Business in Mumbai are listed below:
|Name of City||Name of College|
|Bangalore||Mount Carmel Institute of Management|
|St. Xavier College|
|Indus Business Academy|
|ASM Group of Institutes|
|Sri Balaji University|
|Mumbai||Universal Business School|
|SDA Bocconi Asia Center|
|SP Jain School of Global Management|
|ITM Business School|
|Fore School of Management|
Top PGDM in International Business Government & Private Colleges
India has skilled a big growth with inside the quantity of legit personal universities that offer a number of excellent applications that provide a PGDM in International Business. In India, there are various government & private colleges that offer a PGDM in International Business courses. The colleges are indexed below:
|Type of College||Name of College|
|Government||Madurai Kamaraj University, Madurai|
|Indian Maritime University, Chennai|
|Fore School of Management, Delhi|
|SP Jain School of Global Management, Mumbai|
(5). Job & Placements
PGDM in International Business course offers various jobs in a massive sort of specializations. Graduates with a PGDM in International Business can select from a huge variety of positions to be had in numerous industries and fields. PGDM International Business jobs lists consist of commercial enterprise analysts, income managers, export managers, etc.
After acquiring a degree in International Business, candidates have a plethora of job profile options to choose from. Each profile comes with a different set of responsibilities, career trajectories, and salaries. Some of the common job profiles offered to candidates are:
|Job Profile||Job Description|
|International Foreign Policy Advisor||Most overseas coverage advisors paint for a governmental organization or function as political appointees for the country or federal government. Their findings can be in some of the regions applicable to global family members and overseas policy, which includes Trade. Global meals supplies.|
|International Marketing Manager||Responsible for increasing the market share and profits of their company.|
|International Brand Manager||Managing, developing, and enforcing product advertising for the maximization of income inside the global market.|
|Sales Manager||Responsibilities encompass hiring crew members, main the income crew, overseeing their performance, and growing methods for riding income.|
|Global Business Manager||Developing and implementing innovative marketing, managing expenses and preparing budgets, and developing market plans for an increase in sales and high profits.|
|Business development manager||This manager deals with the development of the management by taking new clients and business, by way of marketing or sales.|
|Export Manager||To manage international shipments and ensure that they comply with the laws of the governing authority.|
|International Customer Relations Manager||Helping in constructing robust and long-time period members of the family with clients. Also, the address of customer complaints comes under their responsibility.|
|International Business Consultant||International foreign business consultants' main role is to advise and assist a business in international deals.|
|International Logistics Manager||Coordinating with overseas vendors for managing import activities to meet service level expectations.|
|International Marketing Director||Global marketing managers are responsible for maximizing their firms' international market share and profits.|
|Business Analyst||Understand the changes in business processes and convey their benefits to all stakeholders.|
|Investment Banker||Investment Banker's role includes assisting the firm in financial transactions.|
|International Finance Manager||Managing Activities such as accounting operations, grants management, donor and management reporting, budget planning and monitoring, financial analysis, and forecasting, etc. for the designated client.|
|Product Manager||Devise the process of product release and coordinate all activities for launching a product in the market.|
|Campaign Manager||They devise and run marketing campaigns for companies.|
Many top companies that have a presence in multiple markets hire graduates of this course for various job roles. Some of the top recruiting companies of the PGDM in International Business course are given below:
|Morgan Stanley||KPMG||Deutsche Bank||Cognizant|
|Nokia||Microsoft Corporation||Ernst & Young||Deloitte|
|Citi Bank||Cipla||Boston Consulting Group||Amazon|
|Hennes & Mauritz||JP Morgan||Capgemini||BCG|
|HSBC||Reckitt Benckiser||Blue Dart||Accenture|
|ICICI Bank||TCS||Cargill||Bharati Airtel|
|Johnson & Johnson||Tolaram Group||Abbot||Wipro|
Meanwhile, some international companies which recruit international business students are:
|Walmart||U.S. Department of State|
|JP Morgan||The International Trade Commission|
|Boston Consulting Group||U.S. Department of Commerce|
After completing the PGDM in International Business course, students will have a variety of work opportunities in various fields, from marketing to logistics, and much more. Students will have a chance to work and expertise their learning in various fields. The following is a list of some fields that are hiring PGDM in International Business graduates:
(ii). International finance management companies
(iii). Logistics and Shipping Companies
(iv). Business Consultancies
Salaries of the various job profiles available to candidates after completing their education vary based on responsibilities, and level of seniority. The average salaries for some common job profiles are estimated as:
|Job Role||Average Annual Fee(INR)|
|International Finance Manager||Rs. 12,00,000|
|International Logistics Manager||Rs. 6,18,000|
|Export Manager||Rs. 7,00,000|
|International Brand Manager||Rs. 10,77,000|
|International Marketing Manager||Rs. 6,00,000|
|Export Manager||Rs. 6,67,000|
|Supply Chain Manager||Rs. 8,00,000|
|Global Business Manager||Rs. 5,00,000|
|Business Analyst||Rs. 4,00,000|
Career opportunities are abundant for a degree holder in International Business. Aspirants are hired not only by international restaurant chains and airlines but also by non-profit and government organizations. Several international banks also recruit individuals carrying an International Business degree. Hospitality, tourism, and travel are a few other industries that provide employment opportunities to students post-graduation.
A few other career options are that candidates can take up jobs in international logistics, international finance, foreign exchange management, export and import management, and international marketing. Consultant positions in international organizations are widely popular for the generous package offered. A career in International Business can take candidates to different parts of the world, providing them with the enriching experience of travel, living among different cultures, adapting to a different lifestyle, and building a highly rewarding career simultaneously.
Career options after PGDM in IB Graduation
For a PGDM in International Business, there are numerous positions to be had in numerous fields. The task roles will alternate relying on the area/enterprise chosen. Numerous job possibilities with competitive pay packages are available for PGDM in International Business graduates in the following job profiles:
(ii).International Marketing Manager
(iii). International Finance Manager
(iv). Export Manager
(v). Product Manager
Scope of International Business in India and Abroad
A developing variety of global agencies and businesses working at a global degree has made the call for International Business publications pretty high. A lot of those corporations are searching out approaches to make bigger and set up their enterprise operations abroad, and thereby need applicants who can efficaciously cope with global situations and are thorough with the standards and theories beneficial in a commercial enterprise establishment.
A degree in International Business helps one develop an understanding of the resources existing on a global level. Students are made familiar with the needs of international firms and taught how to utilize these resources in the best possible manner.
A profession in International Business offers one lot of possibilities to journey overseas and settle in one-of-a-kind components of the world, relying on the job. Aspirants keeping an International Business diploma get the possibility to paint for a number of the world’s first-class groups consisting of Walmart and Bank of America.
Scope for Higher Education
The scope of PGDM in International Business is vast, and aspirants can pursue higher studies after obtaining the degree. Some of the top courses for higher education in the field of international business are as follows:
Skills that make you the Best PGDM in International Business Graduate
To excel as a PGDM in International Business graduate, various skills need to be inculcated in the ongoing studying surroundings so as to assist enhance the character studying curve and enhance a sensible method to fixing problems. The following are such skills they should possess:
(ii). Adaptive leadership skills
(iii). Analytical skills
(iv). Communication skills
(1). What is PGDM in IB?
(2). What is the main purpose of
specialization in International Business?
(3). What is PGDM IB eligibility?
(4). What are the average fees of PGDM
in International Business courses?
(5). What is the admission process for
(6). What is the average salary
offered after completing PGDM in International Business?
(7). Why someone chooses an
International Business Management study?
(8). Which are the top entrance exams
for PGDM in International Business?
(9). What is the difference between
PGDM and PGDM-IB Courses?
(10). Is PGDM legitimate for
(11). Is PGDM cheaper than MBA?
(12). What are the job prospects in this
(13). What is the scope of PGDM in
(14). Is there any management Quota
(15). Is MBA the same as PGDM?