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We live in a closely-knit world when it comes to establishing business relations. Globalisation has intensified cross-cultural and cross country businesses which have become the major determinant of economic advancement. The need for professionals who can understand and manage various facets of a business like import-export, financial derivatives, supply chain, human resources, etc has now become the need of the hour. However, to become adept in multifarious roles, you need to have a degree like Global MBA or that in International Business Management. So, in this blog, we have listed down the essential details pertaining to an MBA IB degree program!
What is MBA IB?
MBA IB or International Business is a 1-2 year full-time or part-time postgraduation program that imparts extensive knowledge in the field of Business and Management and equips students with skills required to get adopted to the multidisciplinary nature of the global market. Offered by some of the best MBA colleges across the world, strategy and documentation engaged with export and import, strategies for moving toward clients in foreign nations, money discussion and fluctuation, raising capital from the worldwide market, etc are some of the areas you’ll gain experience in.
| Name of the degree | MBA in International Business |
| Eligibility Criteria | Bachelors with 50% marks from any field of study |
| Duration | 2- 1 year |
| Admission Process | Entrance exams, Personal Interview + Group Discussion |
| Work Experience | Not mandatory |
| Indian entrance exams | CAT, XAT, GMAT, SNAP, NMAT, CMAT |
| International entrance exams | GMAT/GRE, IELTS/TOEFL |
| Total Fees Range | INR 14- 50 lakhs per annum |
Course Curriculum and MBA IB Syllabus
To develop a strong understanding of different nuances of the stream, the course curriculum, just like other MBA specialisations, is constructed to help you gain theoretical knowledge as well as managerial skills through lectures, interactive sessions, seminars, project reports, etc. While in the first year, you will get hold of the basic concepts like globalisations and its impacts, FDI, trade agreements, etc. In the second year, you will have to specialise in an area like Marketing, International Enterprises, Cross-Border Laws, Supply Chain Management, etc. Enlisted are some of the major subjects which form a part of the MBA IB syllabus:
- Financial Accounting
- Macro and Micro Economics
- Governance and Corporate Sustainability
- Corporate Finance
- International Marketing
- Import and Export
- Foreign Exchange Management
- International Business Law and Environment
- Global Marketing Management
- Foreign Trade And Policy
- International Logistics Management
- Cross-Cultural Business Management
Books for MBA IB
- International Business: Competing in the Global Market Place by Charles W. L. Hill
- Oxford Handbook of International Business
- Every Business Is a Growth Business: How Your Company Can Prosper Year After Year by Ram Charan
- Accelerating International Growth by Philip Rosenzweig (Author), Xavier Gilbert (Author), Thomas Malnight (Author), Vladimir Pucik
- Blue Ocean Strategy: How to Create Uncontested Market Space and Make the Competition Irrelevant
- Negotiating Globally: How to Negotiate Deals, Resolve Disputes, and Make Decisions Across Cultural Boundaries
- Competitive Strategy: Techniques for Analyzing Industries and Competitors
- Redefining Global Strategy: Crossing Borders in a World Where Differences Still Matter
- The Big Pivot: Radically Practical Strategies for a Hotter, Scarcer, and More Open World
- Leading with Cultural Intelligence: The Real Secret to Success
- Being Global: How to Think, Act, and Lead in a Transformed World
Popular Universities for Pursuing MBA IB
Providing the best infrastructure, quality education, and essential industrial exposure, there are a wide range of business schools that offer comprehensive MBA IB programs. Some of which have been given a rundown below:
| University | QS World Rankings 2022 |
| University of Chicago | 10 |
| University of California, Berkeley | 32 |
| University of Alberta | 126 |
| University of Birmingham | 90 |
| New York University | 42 |
| IE Business School | – |
| EU Business School | |
| Edith Cowan University | 651-700 |
| London School of Business and Finance | – |
| University of Greenwich | 751-800 |
Universities in India for MBA IB
- Indian Institute of Foreign Trade, New Delhi
- IIM Lucknow
- IIM Ahmedabad
- MDI Gurgaon
- Amity International Business School, Noida
- University of Delhi, Delhi
- Aligarh Muslim University, Aligarh
- K J Somaiya Institute of Management Studies & Research, Mumbai
- Symbiosis Institute of International Business, Pune
- Banaras Hindu University, Varanasi
MBA in International Business in Distance Learning
Several Universities across the world offer MBA in International Business in the distance learning mode. Here is list of universities where you can pursue Online MBA in IB-
- EU Business School, Multiple Campuses
- LSBF Singapore, Singapore
- University of Cumbria, UK
- Schiller International University, USA
- Instituto Europeo de Posgrado, Spain
- GBSB Global Business School, Spain
- Westford University College, USA
- University of Delaware, USA
- Kettering University, USA
- Tiffin University, USA
- Central Michigan University, USA
- University of Scranton, USA
Admission Requirements
Be it an MBA in HR or MBA in Event Management, there are certain set requirements that you need to fulfill in order to pursue the course. Though the eligibility criteria can vary from one university to another, here are some of the common parameters for pursuing an MBA IB course:
- Bachelor’s degree in any of the disciplines with at least 50% aggregate marks.
- 2-3 years of work experience.
- GMAT or GRE test scores.
- English proficiency test scores like IELTS or TOEFL.
- Letter of Recommendation, Statement of Purpose, all academic transcripts, etc
- Group Discussion (GD) and Personal Interview (PI) also form an essential part of the MBA admission process in some of the universities
- Updated Resume/CV
Indian Entrance Exams
To study MBA in International Business, students across India must appear for some entrance exams such as CAT, XAT, GMAT, SNAP, NMAT, CMAT. These are some of the most popular entrance exams for management courses and are not limited to studying MBA IB. Students who appear for these exams can apply for various specialisations and courses that are offered by the respective colleges.
MBA IB Career Prospects
International Business Management is one such program that offers plentiful scope for a profession in globally known firms. As an MBA IB graduate, you can be a part of the private and government organizations, import and export divisions of MNCs, transportation sector, IT companies, travel and hospitality industry, global consultancy firms, international logistics companies, etc. Enlisted are some of the job profiles you can work after an MBA IB:
Job Profiles and Average Salaries
| Global Logistics Manager | ₹24,00,000- ₹20,00,000 per annum |
| Project Manager | ₹15,00,000- ₹14,00,000 per annum |
| Brand Manager | ₹9,00,000 – ₹8,00,000 per annum |
| Accounts Manager | ₹6,00,000-₹5,00,000 per annum |
| Investment Banking Managers | ₹10,00,000-₹9,00,000 per annum |
| International Marketing Manager | ₹9,00,000 per annum |
| International Business Consultant | ₹8,00,000 per annum |
| Export Managers | ₹8,00,000 – ₹7,00,000 per annum |
| International Finance Manager | ₹8,00,000 – ₹7,00,000 per annum |
| International Business Development Manager | ₹900,000 per annum |
Top Recruiters for MBA IB Graduates
- Apple
- IBM
- Pepsi
- McKinsey and Company
- General Motors
- Nestle
- Infosys
- Citi Bank
- Accenture
- Johnson & Johnson
- Morgan Stanley
- Boston Consulting Group
- Bank of America
- Amazon
FAQs
Both MBA and MBA IB are equally good. It boils down to the individual and their career choices.
USA is the best country to pursue MBA, followed by UK, France, Australia, Germany, Switzerland etc.
Graduates can take up jobs as Accounts Manager, Global Logistics Manager, Product Manager, International Business Manager. All these are lucrative and exciting career choices.
MBA IB graduates generally work with transnational and multinational corporations that have operations in multiple countries. MNCS like GM, Google, IBM,, Nestle, Apple etc hire MBA IB holders.
Since most companies look forward to expanding their market overseas, the scope of pursuing an MBA IB is vast. Needless to say, choosing a university, the MBA program of which aligns with your goals and aspirations can be a daunting task. If you are confused about how to go about your plans, then our experts at Leverage Edu will provide assistance not only in completing the modal requirements but will also help you craft an SOP that makes your candidature stand out from the rest!
We live in a closely-knit world when it comes to establishing business relations. Globalisation has intensified cross-cultural and cross country businesses which have become the major determinant of economic advancement. The need for professionals who can understand and manage various facets of a business like import-export, financial derivatives, supply chain, human resources, etc has now become the need of the hour. However, to become adept in multifarious roles, you need to have a degree like Global MBA or that in International Business Management. So, in this blog, we have listed down the essential details pertaining to an MBA IB degree program!
What is MBA IB?
MBA IB or International Business is a 1-2 year full-time or part-time postgraduation program that imparts extensive knowledge in the field of Business and Management and equips students with skills required to get adopted to the multidisciplinary nature of the global market. Offered by some of the best MBA colleges across the world, strategy and documentation engaged with export and import, strategies for moving toward clients in foreign nations, money discussion and fluctuation, raising capital from the worldwide market, etc are some of the areas you’ll gain experience in.
| Name of the degree | MBA in International Business |
| Eligibility Criteria | Bachelors with 50% marks from any field of study |
| Duration | 2- 1 year |
| Admission Process | Entrance exams, Personal Interview + Group Discussion |
| Work Experience | Not mandatory |
| Indian entrance exams | CAT, XAT, GMAT, SNAP, NMAT, CMAT |
| International entrance exams | GMAT/GRE, IELTS/TOEFL |
| Total Fees Range | INR 14- 50 lakhs per annum |
Course Curriculum and MBA IB Syllabus
To develop a strong understanding of different nuances of the stream, the course curriculum, just like other MBA specialisations, is constructed to help you gain theoretical knowledge as well as managerial skills through lectures, interactive sessions, seminars, project reports, etc. While in the first year, you will get hold of the basic concepts like globalisations and its impacts, FDI, trade agreements, etc. In the second year, you will have to specialise in an area like Marketing, International Enterprises, Cross-Border Laws, Supply Chain Management, etc. Enlisted are some of the major subjects which form a part of the MBA IB syllabus:
- Financial Accounting
- Macro and Micro Economics
- Governance and Corporate Sustainability
- Corporate Finance
- International Marketing
- Import and Export
- Foreign Exchange Management
- International Business Law and Environment
- Global Marketing Management
- Foreign Trade And Policy
- International Logistics Management
- Cross-Cultural Business Management
Books for MBA IB
- International Business: Competing in the Global Market Place by Charles W. L. Hill
- Oxford Handbook of International Business
- Every Business Is a Growth Business: How Your Company Can Prosper Year After Year by Ram Charan
- Accelerating International Growth by Philip Rosenzweig (Author), Xavier Gilbert (Author), Thomas Malnight (Author), Vladimir Pucik
- Blue Ocean Strategy: How to Create Uncontested Market Space and Make the Competition Irrelevant
- Negotiating Globally: How to Negotiate Deals, Resolve Disputes, and Make Decisions Across Cultural Boundaries
- Competitive Strategy: Techniques for Analyzing Industries and Competitors
- Redefining Global Strategy: Crossing Borders in a World Where Differences Still Matter
- The Big Pivot: Radically Practical Strategies for a Hotter, Scarcer, and More Open World
- Leading with Cultural Intelligence: The Real Secret to Success
- Being Global: How to Think, Act, and Lead in a Transformed World
Popular Universities for Pursuing MBA IB
Providing the best infrastructure, quality education, and essential industrial exposure, there are a wide range of business schools that offer comprehensive MBA IB programs. Some of which have been given a rundown below:
| University | QS World Rankings 2022 |
| University of Chicago | 10 |
| University of California, Berkeley | 32 |
| University of Alberta | 126 |
| University of Birmingham | 90 |
| New York University | 42 |
| IE Business School | – |
| EU Business School | |
| Edith Cowan University | 651-700 |
| London School of Business and Finance | – |
| University of Greenwich | 751-800 |
Universities in India for MBA IB
- Indian Institute of Foreign Trade, New Delhi
- IIM Lucknow
- IIM Ahmedabad
- MDI Gurgaon
- Amity International Business School, Noida
- University of Delhi, Delhi
- Aligarh Muslim University, Aligarh
- K J Somaiya Institute of Management Studies & Research, Mumbai
- Symbiosis Institute of International Business, Pune
- Banaras Hindu University, Varanasi
MBA in International Business in Distance Learning
Several Universities across the world offer MBA in International Business in the distance learning mode. Here is list of universities where you can pursue Online MBA in IB-
- EU Business School, Multiple Campuses
- LSBF Singapore, Singapore
- University of Cumbria, UK
- Schiller International University, USA
- Instituto Europeo de Posgrado, Spain
- GBSB Global Business School, Spain
- Westford University College, USA
- University of Delaware, USA
- Kettering University, USA
- Tiffin University, USA
- Central Michigan University, USA
- University of Scranton, USA
Admission Requirements
Be it an MBA in HR or MBA in Event Management, there are certain set requirements that you need to fulfill in order to pursue the course. Though the eligibility criteria can vary from one university to another, here are some of the common parameters for pursuing an MBA IB course:
- Bachelor’s degree in any of the disciplines with at least 50% aggregate marks.
- 2-3 years of work experience.
- GMAT or GRE test scores.
- English proficiency test scores like IELTS or TOEFL.
- Letter of Recommendation, Statement of Purpose, all academic transcripts, etc
- Group Discussion (GD) and Personal Interview (PI) also form an essential part of the MBA admission process in some of the universities
- Updated Resume/CV
Indian Entrance Exams
To study MBA in International Business, students across India must appear for some entrance exams such as CAT, XAT, GMAT, SNAP, NMAT, CMAT. These are some of the most popular entrance exams for management courses and are not limited to studying MBA IB. Students who appear for these exams can apply for various specialisations and courses that are offered by the respective colleges.
MBA IB Career Prospects
International Business Management is one such program that offers plentiful scope for a profession in globally known firms. As an MBA IB graduate, you can be a part of the private and government organizations, import and export divisions of MNCs, transportation sector, IT companies, travel and hospitality industry, global consultancy firms, international logistics companies, etc. Enlisted are some of the job profiles you can work after an MBA IB:
Job Profiles and Average Salaries
| Global Logistics Manager | ₹24,00,000- ₹20,00,000 per annum |
| Project Manager | ₹15,00,000- ₹14,00,000 per annum |
| Brand Manager | ₹9,00,000 – ₹8,00,000 per annum |
| Accounts Manager | ₹6,00,000-₹5,00,000 per annum |
| Investment Banking Managers | ₹10,00,000-₹9,00,000 per annum |
| International Marketing Manager | ₹9,00,000 per annum |
| International Business Consultant | ₹8,00,000 per annum |
| Export Managers | ₹8,00,000 – ₹7,00,000 per annum |
| International Finance Manager | ₹8,00,000 – ₹7,00,000 per annum |
| International Business Development Manager | ₹900,000 per annum |
Top Recruiters for MBA IB Graduates
- Apple
- IBM
- Pepsi
- McKinsey and Company
- General Motors
- Nestle
- Infosys
- Citi Bank
- Accenture
- Johnson & Johnson
- Morgan Stanley
- Boston Consulting Group
- Bank of America
- Amazon
FAQs
Both MBA and MBA IB are equally good. It boils down to the individual and their career choices.
USA is the best country to pursue MBA, followed by UK, France, Australia, Germany, Switzerland etc.
Graduates can take up jobs as Accounts Manager, Global Logistics Manager, Product Manager, International Business Manager. All these are lucrative and exciting career choices.
MBA IB graduates generally work with transnational and multinational corporations that have operations in multiple countries. MNCS like GM, Google, IBM,, Nestle, Apple etc hire MBA IB holders.
Since most companies look forward to expanding their market overseas, the scope of pursuing an MBA IB is vast. Needless to say, choosing a university, the MBA program of which aligns with your goals and aspirations can be a daunting task. If you are confused about how to go about your plans, then our experts at Leverage Edu will provide assistance not only in completing the modal requirements but will also help you craft an SOP that makes your candidature stand out from the rest!
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