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 the 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 the students with the necessary career skills and business acumen. This blog aims to highlight the salient features of the program, its scope and prestigious universities offering this course!
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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.
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 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 under 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 Recommendations [LOR], University transcripts, updated CV/Resume, etc also form a part of the application process.
There are globally renowned universities that offer an MBA in International Business courses for students. Not only they offer quality education but also provide a healthy educational environment amid 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: Career Prospects
With the increase in demand for professionals adept with management and business knowldege, the scope pf 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
- McKinsey & Company
- Deloitte Consulting LLP
- Booz & Company
- Johnson & Johnson
- Deutsche Bank
- Microsoft Corporation
- Bank of America
- Merrill Lynch & Co
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 an 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!