MBA (International Business) - Gujarat Biotechnology University

  • Years 2 Years
  • Type Course Post Graduate
  • stream Management
  • Delivery Mode


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 Highlights

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

Why Study MBA IB?


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


(ii). 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. 


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


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


(v). 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 (IB) Admission Process


For admission into 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


(i). This program is specially designed for people who are working professionals.


(ii). The students must have valid GMAT or GRE scores with sufficient work experience.


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


(iv). Usually a minimum of 5 years of experience is required.


(v). The fee for this program is quite high and is very famous abroad.


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


(vii). The Fees range from INR 20 Lakhs.


(5). Online MBA in International Business


(I). It's a two-year program for students in an online medium.


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


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


MBA in International Business Admission 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, MAT, CAT, 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 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:


(i). Students must clear the required cutoff in the appropriate entrance exam specified by the institute.


(ii). 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.


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


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


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


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.
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.


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.


CityCollegesFees (INR)
PuneSinhgad Institute of ManagementINR 1,28,000
Neville Wadia Institute of Management Studies and ResearchINR 1,70,000
Symbiosis Institute of International BusinessINR 7,90,000
MIT World Peace UniversityINR 3,75,000
Bharati Vidyapeeth University, Institute of Management and Entrepreneurship DevelopmentINR 2,25,000
Flame UniversityINR 6,60,000
Zeal Education Society’s Zeal College of Engineering and ResearchINR 94,679
Lexicon Mile- Management Institute of Leadership and ExcellenceINR 8,30,000
Alard Institute of Management SciencesINR 3,50,000
Balaji Institute of International BusinessINR 4,45,000
BangaloreGems B- SchoolINR 4,40,000
Adarsh Institute of Management and Information TechnologyINR 5,00,000
Rai Technology UniversityINR 4,15,000
Alliance UniversityINR 13,50,000
International Institute of Business StudiesINR 7,00,000
Sindhi Institute of ManagementINR 4,00,000
Reva UniversityINR 3,00,000
NSB AcademyINR 6,50,000
CMR UniversityINR 2,25,000
St. Claret Institute of ManagementINR 2,30,000
ChennaiAvidus Academy of ManagementINR 1,95,000
Rajalakshmi School of BusinessINR 6,00,000
All India Institute of ManagementINR 60,000
Bharat University- Bharat Institute of Higher Education and ResearchINR 1,00,000
Xavier Institute of Management and EntrepreneurshipINR 8,00,000
Vel Tech Dr. RR and Dr. SR Technical University, Vel Tech Business SchoolINR 93,000
Saveetha School of ManagementINR 2,00,000
Indian School of Science and ManagementINR 5,50,000
Aam Business SchoolINR 37,500
Crescent School of BusinessINR 3,74,000
MumbaiVivekanand Business SchoolINR 3,52,500
Somaiya Vidyavihar UniversityINR 7,81,785
ICFAI Business SchoolINR 4,05,000
Aditya Institute of Management Studies and ResearchINR 3,80,325
KJ Somaiya Institute of ManagementINR 7,81,785
DY Patil UniversityINR 4,20,000
Amity UniversityINR 5,00,000
Pillai Institute of Management Studies and ResearchINR 1,92,500
DY Patil University’s School of Management INR 4,20,000
KolkataNightingale Institute of Management StudiesINR 72,000
International Institute of Business StudiesINR 7,45,000
Eastern Institute of ManagementINR 2,25,500
International Management InstituteINR 6,27,950
Globsyn Business SchoolINR 7,95,000
University of Engineering and ManagementINR 2,30,000
GLF Business SchoolINR 4,03,000
Indian Institute of Foreign TradeINR 9,39,000
Army Institute of ManagementINR 4,26,144
Pioneer College of ManagementINR 1,10,000
DelhiDelhi School of Business- VIPS Technical CampusINR 4,30,000
Bharti Vidyapeeth Institute of Management and ResearchINR 3,25,000
Tecnia Institute of Advanced StudiesINR 1,26,900
Indian Institute of Foreign TradeINR 8,85,000
Banarsidas Chandiwala Institute of Professional StudiesINR 1,26,900
Management Education and Research InstituteINR 1,44,000
Jamia Millia Islamia UniversityINR 33,620
Department of Commerce, University of DelhiINR 15,696
K. K. Modi International InstituteINR 6,40,000
Delhi UniversityINR 24,752
HyderabadMalla Reddy UniversityINR 80,000
Vishwa Vishwani Institute of System ManagementINR 6,07,000
Institute of Insurance and Risk ManagementINR 3,20,000
Woxsen UniversityINR 6,95,000
Deccan School of ManagementINR 60,000
Symbiosis Institute of Business ManagementINR 6,08,000
Badruka College Post Graduate CentreINR 1,16,000
Institute of Public EnterpriseINR 4,55,000
Administrative Staff College of IndiaINR 7,50,000
Gitam Hyderabad Business School

INR 3,96,000

`Popular colleges offering MBA in International Business
CollegeAdmission ProcedureEligibilityAverage SalaryFee
Indian Institute of Foreign Trade (IIFT)Through IIFT Entrance TestBachelor’s degree from a recognized universityRs. 19.23 LPARs. 7.60 LPA
Amity Business School, NoidaEntrance examinationBachelor’s Degree with minimum 50 % qualifying marksRs. 5.5 LPARs. 17 LPA
Symbiosis Institute of International Business, PuneSNAP entrance examinationBachelor’s degree with minimum 50% qualifying marksRs. 8.8 LPARs. 12 LPA
CMS Business SchoolCAT/MAT/GMATBachelor’s Degree with 50 % minimum qualifying marksRs. 5.4 LPARs. 8.7 LPA
ICFAI Business SchoolCAT/GMAT/NMAT and ICFAI-SATBachelor’s degree with minimum 55% qualifying marksRs. 6.57 lakhsRs. 7.2 LPA
Top Private & Top government MBA colleges in International Business in India
College TypeColleges NameFee Structure (Entire course)
PrivateSchool of Management, Dr. DY Patil UniversityRs. 8.40 lakhs
Doon Business School, DehradunRs. 4.99 lakhs
KJ Somaiya SIMSRRs. 16.19 lakhs
Christ University, BangaloreRs. 7.88 lakhs
School of Business, UPES, DehradunRs. 14.20 lakhs
GITAM Institute of Management, VisakhapatnamRs. 7.20 lakhs
SIIB PuneRs. 15 lakhs
MIT School of Management, PuneRs. 7.50 lakhs
GovernmentIIFT DelhiRs. 18.24 lakhs
Pondicherry UniversityRs. 1.43 lakhs
LN Mishra Institute of Economic Development and Social Change, PatnaRs. 1.60 lakhs
UBS ChandigarhRs. 38.24K
Bangalore UniversityRs. 85K
FMS BHURs. 98.91K
Jamia Millia Islamia, New DelhiRs. 67.24K
Department of Commerce, University of Delhi

Rs.30.39K

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

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 SuisseMicrosoft CorporationPricewaterhouse CoopersUSB
HDFC BankIBMMcKinsey & CompanyAxis Bank
WIPROCiti BankCognizantAmazon
Lehman Brothers ICICI BankHSBCBain & Company
GoogleJohnson & JohnsonJP Morgan Chase & CoAccenture
Booz & Company Deutsche BankMerrill Lynch & CoBoston Consulting Group
Bank of AmericaDeloitte Consulting LLPGoldman, Sachs & CoMorgan Stanley
MBA in International Business at IIFT bag diverse profiles: Domestic & International Roles
DomainRecruitersProfiles offered
FinanceDE 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 MotorsRoles in Investment banking, Risk management, corporate treasury, consumer banking, FMP
General ManagementMahindra & Mahindra, Airtel, RPG, Click Labs, PolycabGMC, more Gen Management roles, and New types of roles offered
IT/ITESEXL, Capgemini, Indigene, TCS, Wipro, Amazon, Brillio, Google, HexawareA variety of roles offered
Sales & MarketingHUL, 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 & OperationsExport Trading Group, Aegis Resources, CIMAF, ADM, Olam International, LDC and Trafigura, Freight Tiger, Genpact, Rivigo, Seashell Logistics, Maersk Line, AmazonInternational 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 & ConsultingRoland 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
Expected salary after MBA in International Business
Level of Experience
Average Salary (per annum)
Above 5 years
Rs. 18,00,000 - Rs. 24,20,000
1 - 3 years
Rs. 10,00,000 - Rs. 11,50,000
0 - 1 year
Rs. 7,40,000 - Rs. 8,60,000
Average Expected Salary in India
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/ scope

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

Scope of MBA in International Business

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 

(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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