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.
|Degree Name||MBA in International Business|
|Full-Form||Master of Business Administration in International Business|
|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)|
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.|
(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.
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.
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.
|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|
|CAT ||ATMA ||IIFT|
|CMAT ||SNAP ||GMAT|
|XAT ||MAT ||NMAT|
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|
|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.
|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|
|College||Admission Procedure||Eligibility||Average Salary||Fee|
|Indian Institute of Foreign Trade (IIFT)||Through IIFT Entrance Test||Bachelor’s degree from a recognized university||Rs. 19.23 LPA||Rs. 7.60 LPA|
|Amity Business School, Noida||Entrance examination||Bachelor’s Degree with minimum 50 % qualifying marks||Rs. 5.5 LPA||Rs. 17 LPA|
|Symbiosis Institute of International Business, Pune||SNAP entrance examination||Bachelor’s degree with minimum 50% qualifying marks||Rs. 8.8 LPA||Rs. 12 LPA|
|CMS Business School||CAT/MAT/GMAT||Bachelor’s Degree with 50 % minimum qualifying marks||Rs. 5.4 LPA||Rs. 8.7 LPA|
|ICFAI Business School||CAT/GMAT/NMAT and ICFAI-SAT||Bachelor’s degree with minimum 55% qualifying marks||Rs. 6.57 lakhs||Rs. 7.2 LPA|
|College Type||Colleges Name||Fee Structure (Entire course)|
|Private||School of Management, Dr. DY Patil University||Rs. 8.40 lakhs|
|Doon Business School, Dehradun||Rs. 4.99 lakhs|
|KJ Somaiya SIMSR||Rs. 16.19 lakhs|
|Christ University, Bangalore||Rs. 7.88 lakhs|
|School of Business, UPES, Dehradun||Rs. 14.20 lakhs|
|GITAM Institute of Management, Visakhapatnam||Rs. 7.20 lakhs|
|SIIB Pune||Rs. 15 lakhs|
|MIT School of Management, Pune||Rs. 7.50 lakhs|
|Government||IIFT Delhi||Rs. 18.24 lakhs|
|Pondicherry University||Rs. 1.43 lakhs|
|LN Mishra Institute of Economic Development and Social Change, Patna||Rs. 1.60 lakhs|
|UBS Chandigarh||Rs. 38.24K|
|Bangalore University||Rs. 85K|
|FMS BHU||Rs. 98.91K|
|Jamia Millia Islamia, New Delhi||Rs. 67.24K|
|Department of Commerce, University of Delhi|
|Average Salary of a Fresher||4 -8 lakhs|
|Average Salary of Candidate with 2 years Experience||4.80 – 12 lakhs|
|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|
|Credit Suisse||Microsoft Corporation||Pricewaterhouse Coopers||USB|
|HDFC Bank||IBM||McKinsey & Company||Axis Bank|
|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|
|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|
|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|
|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|
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.