MBA in International Business

The 21st century has witnessed a paradigm shift in the field of Information Technology which has, in turn, changed the way in which businesses are operated across the world. Further, the rise of multinational companies and mega business corporations has given a new impetus to the management landscape with a number of students opting for various Management courses and business professionals across the globe getting lucrative jobs. Since every successful business unit in the world strives to deliver quality service to its clients through experienced professionals, universities across the world have started offering well-structured MBA programs to fill in the gap. MBA in International Business is one such course that equips students with the necessary career skills and business acumen. This blog aims to highlight the salient features of the program, its scope and the prestigious universities offering this course! 

Particulars	Details
Course Full Name	MBA in International Business
Course Level	Postgraduate
Duration	2 Years
Eligibility	Bachelor’s degree + Valid Entrance Exam Score
Entrance Exams	CAT, XAT, NMAT, CMAT, MAH CET etc.
Fees	INR 5-15 Lakhs
Average Salary	INR 6-20 LPA
Job Profiles	Export Manager, Business Development Manager, Investment Banker, Global Business Manager etc.
Top Recruiters	Accenture, Citi, JP Morgan Chase & Co, Cognizant, Amazon

Course Overview

Generally running for a period of 1-2 years, MBA in International Business provides an in-depth understanding of trade and business management activities at a global level. Subjects like Global Operations, Business Management Strategy and Culture, Business Methods, International Finance and Marketing, Communication Skills, etc, form an integral part of the course curriculum. Further, one needs to complete a dissertation project, the duration of which can vary from one university to another in order to complete the degree program. 

Why Study MBA in International Business?

International Business is one of the most popular fields of business management since it provides a corporate career in prominent multinational corporations and international commercial firms. The course is primarily taught in MBA/PGDM programmes. It can, however, be studied at the undergraduate level as a speciality in BBA and BCom courses. The MBA in International Business programme is designed to prepare applicants to work as professionals in an international business environment without falling behind their peers. MBA in International Business is a popular specialisation that is in high demand among applicants but is only offered by a few B-Schools in India. Applicants with an MBA in International Business can work abroad, benefit from increased networking opportunities, and earn competitive salaries.

Important Subjects 

In order to have an in-depth understanding of an MBA in International Business, students have to go through a range of subjects which will further enhance their skills in management studies. Tabulated below are some of the subjects:

Foreign Language for Business	International Supply Chain Management and Logistics	International Advertising and Brand Management
International Human Resource Management	Managing Global Compliance in Exports	International Contract Management
Financing of International Trade	Financial Derivatives and Risk Management	Research Methodology
Accounting for Managers	Managerial Economics	Business Environment & Law
International Business Environment	Cross-Cultural Business Management	Forex Management And Currency Derivatives
Foreign Trade And Policy	Management Of a Multinational Corporation	Global Financial Markets And Instruments

MBA in International Business: Eligibility Criteria

To pursue an MBA in International Business, you need to meet the eligibility parameters set by the university. It is important to note that the conditions can vary based on the university and country you are applying to. Enlisted are the important point one needs to remember while applying to universities abroad: 

• A valid English language proficiency scorecard like that of TOEFL/IELTS/PTE.
• One also needs to obtain a minimum percentile in GMAT.
• You need to have a bachelor’s degree in any discipline from a recognized educational institution. 
• To pursue MBA, you also need to have 2- years of work experience. 
• Candidate has to be avidly interested in economic dynamism which is taking place in countries around the globe. 
• Statement of Purpose [SOP], Letter of Recommendation [LOR], University transcripts, updated CV/Resume, etc also form a part of the application process. 

Top Universities 

There are globally renowned universities that offer an MBA in International Business courses for students. Not only do they offer quality education but also provide a healthy educational environment with dedicated faculty members and well-equipped infrastructure. Their tie-ups with scores of MNCs and educational institutions across the globe also provide a platform for students to gain global exposure. Glance through the following list of universities offering this popular MBA specialization: 

• Sydney Business School
• Middlesex University Dubai
• EU Business School – Barcelona
• London School of Business
• Hofstra University
• INSEAD Singapore
• Harvard Business School
• IE Business School 
• Fox School of Business and Management
• University of Alberta
• Columbia Business School
• Melbourne Business School
• University of Greenwich
• Ivey Business School 
• York University
• The University of Hong Kong

MBA in International Business Top Colleges in India

Name of College	Fees  (in INR)
Amity University, Noida	13 Lakhs
Birla Institute of Management Technology, Greater Noida	13 Lakhs
Chandigarh University, Chandigarh	5 Lakhs
ITM Business School, Mumbai	11Lakhs
Jagran Institute of Management Studies, Delhi	9 Lakhs
Lovely Professional University, Jalandhar	8-10 Lakhs
Management Development Institute, Gurgaon	25 Lakhs
Nirma University, Ahmedabad	8-13 Lakhs
Silver Oak University, Ahmedabad	2 Lakhs
T A Pai Management Institute, Manipal	17 Lakhs

MBA in International Business Entrance Exams 2023

Name of Exam	Registration Details	Exam Details
CAT	First week of August 2023	In November 2023
CMAT	Closes on 6-Mar-2023	In April 2023
NMAT	August-October 2023	October-December 2023
MAH CET	Closed on 11-Mar-2023	18-19 Mar-2023
TISS NET	Begins in December 2023	Likely to be held on 24-Feb-2024

MBA in International Business: Career Prospects 

With the increase in demand for professionals adept with management and business knowledge, the scope of pursuing MBA in International Management is immense. A large number of companies are now offering lucrative jobs for graduates under various job profiles. Given below is a list of popular profiles and top recruiters in this field:

• Management Analyst
• Chief Executive Officer
• Global Business Manager
• International Business Consultant
• Investment Banker
• International Marketing Manager
• Export managers and executives
• Business Development Manager
• Export coordinator
• Project Manager
• Supplier Manager
• Account Manager

Top Recruiters 

• McKinsey & Company
• Deloitte Consulting LLP
• Booz & Company
• Accenture
• Johnson & Johnson
• Deutsche Bank
• Microsoft Corporation
• Bank of America
• Merrill Lynch & Co
• Cognizant
• Google
• WIPRO

FAQs

With a comprehensive MBA in International Management course offered by scores of universities, you can thus find employment opportunities across industries! Needless to say, in order to increase your chances to secure admission in top business schools, writing an impressive SOP is a primary requisite. Take the assistance of the experts at Leverage Edu who will guide you in crafting an impeccable statement of purpose that can help you take admission to your dream university!