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.
|Full Form||Master of Business Administration in International Business|
|Duration||Course Duration of Master of Business Administration [MBA] (International Business) is 2 Years.|
|Age||No specific age limit|
|Minimum Percentage||50% in Under graduation|
|Average Fees Incurred||INR 50,000 - 30 LPA|
|Average Salary Offered||INR 3.4 LPA (Source: Payscale)|
|Employment Roles||Business Development Manager, Operations Manager, Marketing Manager, Area Sales Manager, Business Development Executive, Business Analyst, Operations Team Leader, Executive Assistant etc.|
MBA in International Business Latest Updates:
MBA IB full form stands for Master of Business Administration in International Business. MBA in International Business course's fundamental goal is to build a competent nationwide workforce with a full understanding of evolving international business scenarios. It has now become a core area of research offering strong career growth prospects. MBA in International Business course falls under the umbrella of MBA.
MBA in International Business subjects include foreign trade, global business operations, planning, industrial growth analysis, etc. Also, international business studies have high job scope. They can be of great benefit to students who intend to undertake graduate studies in law or public policy, where good awareness of international business can be beneficial.
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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.
MBA IB is for candidates who are interested in building the skills required to run a Business Internationally. It is for those who want to deal with international scenarios and be well versed with the concepts and theories that can be helpful for business internationalization.
Students who wish to pursue careers in Consultation, Management and Business Development roles to spread their wings internationally should opt for MBA in International Business course.
MBA IB can be pursued right after graduation provided the candidate scores with an aggregate of at least 50 per cent. Admission is a good institute that can be secured through various state and national level entrance exams.
A candidate can pursue the course laterally with his current job role and can also quit employment to pursue the course with the goal of the advancement of their career in the field of International Business.
The MBA in International Business admission process is done via management quota or via merit-based quota. Merit-based quota requires graduates to tick all the eligibility criteria boxes. Reputed institutions rely on the admission process based on merit and the cut of scores secured in the entrance exams. The management quota or direct admission is purely based on the availability of seats which may vary according to the institution.
Some of the general admission processes include:
The aspirants can either apply online or offline. Based on their merit or the score obtained in the entrance exams, the applicants are shortlisted before entry to the program; the universities administer counselling, personal interviews, and group discussion rounds.
Marks scored in related management entrance exams by students are taken into account. After an interview, deserving aspirants are allocated seats.
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:
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 benefits of doing 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.
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.
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.
The entrance exams are conducted by various bodies, and admission to top MBA institutions in India depends on the student’s ranking. There are multiple forms of entrance exams for MBA aspirants, and they can choose the entrance exam they want to appear in depending on the level of difficulty and competition they are willing to face.
The MBA in International Business entrance exams conducted at the national and university level are as follows:
MBA IB is one of the best choices for aspirants who are interested to learn finance and business principles globally. To get admission to the best institution, one has to clear national or international entrance exams. Some of the standard patterns of the entrance exams are listed below:
In recent years, there has been a surge in the globalization of local businesses generating demand for International Business Professionals. MBA in International Business Colleges have been established all over the country to cater to that demand. Listed below are the best MBA colleges for International Business in India according to NIRF.
|NIRF Ranking||Top Colleges||Average Fees (INR)|
|3||IIM Calcutta||20 Lakhs|
|4||IIM Lucknow||20 Lakhs|
|7||IIFT Delhi||10 Lakhs|
|9||XLRI Jamshedpur||15 Lakhs|
|22||SIMB Pune||10 Lakhs|
|34||JMI, Delhi||2 Lakhs|
|41||Amity University, Noida||15 Lakhs|
|49||LPU, Jalandhar||15 Lakhs|
|63||IMI Bhubaneswar||10 Lakhs|
Delhi, the capital of India is known for its world-class MBA in International Business colleges. Check the table below for the top MBA in International Business colleges in New Delhi:
|3||Delhi School of Business|
|4||Department of Commerce, Delhi University|
|5||Tecnia Institute of Advanced Studies|
IIFT Delhi offers an MBA program in International Business. The MBA in International Business duration extends two to three years depending on the campus one chooses.
Pune, the educational capital of India, has a selection of premier MBA in International Business Institutes. Check the table below for the top MBA in International Business colleges in Pune:
|2||Neville Wadia Institute of Management Studies and Research|
Symbiosis Institute of International Business (SIIB) was established in 1992 as an autonomous Institute in Pune. Today, SIIB is a constituent of Symbiosis International (Deemed University) and is one of the highly acclaimed business schools in the country. Ranked among India’s top 100 B-Schools in India, the Business School has been Ranked 11 for Private MBA by The Week 2020. SIIB Pune offers two-year full-time residential flagship MBA International Business Program.
Chennai, Known for its vast coastline is also rich in MBA in International Business colleges and is visited by students all over the country. Check the table below for the best MBA in International Business colleges in Chennai:
|2||Crescent School of Business|
|4||Rajalakshmi School of Business|
|5||Bharat Institute of Higher Education and Research|
Bangalore, the startup capital of India has a good number of MBA in International Business Colleges with top facilities and infrastructure. Check the table below for the best MBA in International Business colleges in India:
Kolkata has some of the most established and reputed colleges for MBA in International Business courses in India. Check the table below for the best MBA in International Business colleges in Kolkata:
|5||Pioneer College of Management|
Hyderabad is one of the most sought-after destinations when it comes to higher education, and its offerings of MBA in International Business Institutes are no exception. Check the table below for the top MBA in International Business colleges in Hyderabad:
|1||Badruka College Post Graduate Center|
|2||Deccan School of Management|
Government institutes for higher education provide high-quality affordable education to eligible candidates. There are lots of offerings when it comes to MBA in International Business Government Colleges. Check the table below for the top MBA in International Business government colleges in India:
|4||JMI New Delhi|
With the emergence of a vast number of Private Institutes all over India, there has been a surge in MBA in International Business institutes too. Check the table below for the top MBA in International Business private colleges in India:
|4||Institute of Management Studies - BHU|
|5||Christ University, Bangalore|
A student with a little more expenditure can get an MBA in International Business degree abroad. With advantages like great ROI, and world-class teaching methodology, MBA in International Business Abroad becomes a considerable option for Indian students. A list of best colleges for MBA in International Business in various countries is given below:
The table below contains the list of some of the best colleges abroad for MBA in International Business:
|The Wharton School||83,230 PA|
|Stanford Graduate School of Business||76,950 PA|
|Marshall School of Business||64,575 PA|
|Judge Business School||83,112 PA|
|IE Business School||72,200 PA|
|Harvard Business School||73,440 PA|
|Thunderbird School of Management||36,425 PA|
|London Business School||126,119 PA|
|University of Chicago, Booth School of Business||74,919 PA|
Known as the land of the free, the USA has established world-class institutes. It also has an abundance of offerings when it comes to MBA in International Business courses. The table below contains the list of top MBA in International Business colleges in the USA:
|1||New York University|
|3||Thunderbird School of Global Management|
|4||University of Chicago|
|5||Northeastern Illinois University|
Known for its long and glorious history, the UK is one of the best countries for a candidate who desires to pursue an MBA in International Business. Below is the list of most reputed colleges for MBA in International Business in UK:
|1||University of Birmingham|
|4||University of Greenwich|
|5||University of Portsmouth|
Canada, known for its beautiful scenery, also offers high-quality education for students all over the world. Its MBA in International Business offerings is no exception. A list of its top colleges for MBA in International Business in Canada is tabulated below:
|2||University of Calgary|
|3||University of Alberta|
|5||Queen’s University, Kingston|
Australia is one of the most educationally regarded countries in the world. Studying in this country is a great option considering the quality of education provided here. The list of top MBA in International Business colleges in Australia is as follows:
|1||University of Melbourne|
|2||Deakin University, Australia|
|3||University of Queensland|
|4||University of Sydney|
|5||University of Newcastle|
MBA in International Business in India is a very popular course as it integrates the main aspects of global competition, simplifies international business management dynamics, collaborates, raises market share, and maximizes benefits not only through exports and imports. The average MBA in International Business fees is INR 50,000 - 30 LPA.
|S.No||Colleges||Fee Structure (inr)|
|1||IIFT, New Delhi||7.5 LPA|
|2||Amity University||7.6 LPA|
The MBA in International Business syllabus includes export and import, methods of approaching customers in foreign countries, currency conversation, and fluctuations, and collecting capital from the international market and the distribution market. Important International Business MBA subjects are listed below:
Let's get to know about the benefits of doing MBA in International Business and "why choose an MBA in International Business?" with the aid of three simpler questions.
The MBA IB is a two-year postgraduate management course on international business administration and management. The course's fundamental goal is to build a capable workforce within the country that has a full understanding of evolving international business scenarios so that they can weigh and evaluate the effect of these changes on the domestic market.
The coursework consists of subjects like global strategic management, international trade policy, international marketing, etc. along with fundamental management subjects to offer a combined understanding of international business and business management. The course offers several job opportunities both in India and abroad.
MBA in International Business incorporates main elements of global competition, simplifying the nuances of international business management, collaboration, growing market share, and optimizing revenues not just through exporting and importing, but also by handling international financial services, a global consultancy, marketing, making the most of international logistics and supply chains, internally.
Management: International business managers manage all branch activities and develop suitable marketing strategies to boost growth. Foreign business managers plan and execute company procedures and assist with registration for new markets.
Maintaining Efficient Relationships: They maintain efficient relationships with different government departments and regional assignment agencies.
Handling Finance Related Tasks: They compile financial statements and reports for the management to send. They plan and evaluate various advertising campaigns and assist in the creation of new programs. They create and execute a range of training programs for leaders.
Career Growth: It's a small planet, and with ever-changing technology, it's only getting smaller. The economy today is truly global. When corporations manage more foreign transactions and acquisitions than ever before, employers are continually looking for employees with the expertise to oversee these transactions.
Job Availability in Diverse Sectors: Hence, it opens a diverse job scope to unravel and explore international business with a creative eye. MBA graduates should look forward to a wide variety of career openings in management, marketing, accounting, corporate finance, consulting, and even human resources.
Read More: MBA in International Business Jobs and Scope
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:
The table below showcases the differences between MBA in International Business and M.Sc in 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 Year|
|Eligibility||Minimum 50 Percent in Graduation||Minimum 50 Percent in Bachelor of commerce|
|Entrance Exams||CAT, GMAT, MAT, IIFT etc||CAT, MAT, CMAT, XAT, ETC|
|Top Colleges||IIFT-New Delhi, IMI-New Delhi, Alliance University-Bangalore etc||IMII Noida, IME Ghaziabad, JMI New Delhi, etc|
|Fees||INR 5 LPA to 10 LPA||INR 60,000– 15 LPA|
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 PhD 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 the foreign cities.
An entry-level MBA in International Business salary in India for a graduate with less than one year of experience can expect to earn an average salary of INR 3.4 LPA. An early career MBA in International Business graduate with 1-4 years of experience earns an average total compensation of INR 4.6 LPA.
Read More: MBA in International Business Salary
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 favoured 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:
Specific skill sets are very crucial when it comes to hiring freshers. Following are some important MBA in International Business skills:
What job roles are available after MBA in International Business?
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.
What is the average salary of an MBA International Business graduate?
The average salary of an MBA International Business graduate is around INR 10 - 15 LPA.
What are the average fees for an MBA in International Business?
The average fees for an MBA International Business course are around INR 5 - 10 Lakhs.
Does MBA in international business require maths?
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.
What do you study in MBA International Business?
An international business major program challenges students to adapt business concepts to other countries' financial, sociopolitical, legal and economic systems. With a broad selection of coursework, international business majors will be able to choose a speciality.