MBA International Business is a two-year postgraduate program that encompasses topics such as international trade operations, international economics, international marketing management, international trade logistics & sourcing, and many more. Professionals with around two to five years of work experience who want to launch or accelerate a career in international business or at a multinational company may find the MBA International Business degree beneficial. An MBA in International Business is analogous to a regular MBA degree, but it provides a deeper insight into the global challenges faced by companies, foreign markets, global economics, and cross-border relationships, as well as the leadership and communication skills necessary to thrive in multinational corporations.
The subjects that come under the purview of MBA International Business are Business Research Methods, Business Economics, Corporate Ethics and Governance, Entrepreneurship, etc. Admission to MBA International Business depends on a candidate’s score in nationalised entrance exams like CAT, CMAT, IIFT, XAT, etc. According to US News, the Darla Moore School of Business at the University of South Carolina offers the best MBA International Business program.
MBA in International Business Course Highlights
Particulars | Values |
Degree Name | MBA in International Business |
Full-Form | Master of Business Administration in International Business |
Degree Type | Postgraduate |
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) |
Cutoff |
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. |
Approved By | UGC |
Skills Required
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 |
Types of MBA IB
Due to the high demand of MBA IB courses, different types of MBA IB courses have come to being that focus on catering to different types of students. For individuals who are working, they have the option of pursuing Executive MBA IB, Distance MBA IB or Online MBA IB.
Full Time MBA in IB
The fees range from INR 2 to 30 LPA.
Part-Time(Executive MBA in IB)
One Year MBA in IB
MBA IB Online
MBA IB Top Distance Education Colleges
MBA IB Distance Education programs are usually opted by working professionals who want to enhance their skills as well as growth in career.
Name of the University | Average Annual Fees |
---|---|
Bharathiar University, School Of Distance Education - [BU-SDE] | INR 12,550 |
Annamalai University, Directorate Of Distance Education | INR 14,050 |
Alagappa University, Directorate Of Distance Education - [DDE] | INR 36,300 |
Venkateshwara Open University | INR 28,500 |
Pondicherry University | INR 12,450 |
ICFAI University, Distance Education | INR 35,500 |
UPES Centre for Continuing Education | INR 46,500 |
MBA IB Curriculum
The MBA in International Business curriculum emphasises export and import procedures and documentation, international policies and trade policies, obtaining capital from the international market, and the distribution market.
MBA IB Subjects
1st Year | 2nd Year |
---|---|
Economics & Management Decisions | Domain Specific Courses |
Quantitative Techniques | Summer Internships |
Financial Accounting | Domain Tailored Courses |
Marketing Management | Industry Visits |
Human Resource Management | Cross-Cultural Management |
Financial Management | Indian Policies & Trade Policies |
IT for Managers | International Business Negotiation |
Research Methodology | E-business & E-commerce |
Application Statistics | Merges & Corporate Regulation |
- | Dissertation 1 |
- | Dissertation 2 |
Some of the elective subjects that one can choose in their second year with their core subjects are:
Financial Derivatives and Risk Management | Financing of International Trade |
International Supply Chain Management | International Human Resource Management |
International Contract Management | Managing Global Compliance in Export |
International Supply Chain Management and Logistics | International Advertising and Brand Management |
Foreign Language for Business | - |
MBA in IB in India
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.
Top Colleges in Mumbai
Colleges | Fees (INR) |
---|---|
KJ Somaiya Institute of Management | INR 7,81,785 |
Amity University | INR 5,00,000 |
Hult International Business School | - |
Somaiya Vidyavihar University | INR 7,81,785 |
Aditya Institute of Management Studies and Research | INR 3,80,325 |
Vivekanand Business School | INR 3,52,500 |
DY Patil University’s School of Management | INR 4,20,000 |
Pillai Institute of Management Studies and Research | INR 1,92,500 |
DY Patil University | INR 4,20,000 |
ICFAI Business School | INR 4,05,000 |
Top Colleges in Delhi
Colleges | Fees (INR) |
---|---|
Indian Institute of Foreign Trade | INR 8,85,000 |
Jamia Millia Islamia University | INR 33,620 |
Delhi School of Business- VIPS Technical Campus | INR 4,30,000 |
Department of Commerce, University of Delhi | INR 15,696 |
Tecnia Institute of Advanced Studies | INR 1,26,900 |
Delhi University | INR 24,752 |
Banarsidas Chandiwala Institute of Professional Studies | INR 1,26,900 |
K. K. Modi International Institute | INR 6,40,000 |
Bharti Vidyapeeth Institute of Management and Research | INR 3,25,000 |
Management Education and Research Institute | INR 1,44,000 |
MBA in International Business IIFT
IIFT Delhi offers an MBA program in International Business. The duration of the MBA program extends two to three years depending on the campus you choose.
The written test is a computer-based online test in the English language with multiple-choice questions of duration 120 minutes.
MBA IB IIFT Eligibility Criteria
There is no fixed upper limit for the MBA program.
MBA IB IIFT Admission Guidelines
There are two steps of the selection process, these are:
The final selection is done based on the performance of the candidates in group discussion, written test, personal interview, academics, and work experience.
Top Colleges in Kolkata
Colleges | Fees (INR) |
---|---|
Indian Institute of Foreign Trade | INR 9,39,000 |
International Institute of Business Studies | INR 7,45,000 |
University of Engineering and Management | INR 2,30,000 |
Pioneer College of Management | INR 1,10,000 |
Army Institute of Management | INR 4,26,144 |
Eastern Institute of Management | INR 2,25,500 |
Nightingale Institute of Management Studies | INR 72,000 |
International Management Institute | INR 6,27,950 |
Globsyn Business School | INR 7,95,000 |
GLF Business School | INR 4,03,000 |
Top Colleges in Chennai
Colleges | Fees |
---|---|
Bharat University- Bharat Institute of Higher Education and Research | INR 1,00,000 |
Crescent School of Business | INR 3,74,000 |
Rajalakshmi School of Business | INR 6,00,000 |
Saveetha School of Management | INR 2,00,000 |
Xavier Institute of Management and Entrepreneurship | INR 8,00,000 |
Aam Business School | INR 37,500 |
Avidus Academy of Management | INR 1,95,000 |
All India Institute of Management | INR 60,000 |
Indian School of Science and Management | INR 5,50,000 |
Vel Tech Dr. RR and Dr. SR Technical University, Vel Tech Business School | INR 93,000 |
Top Colleges in Bangalore
Colleges | Fees (INR) |
---|---|
Alliance University | INR 13,50,000 |
Reva University | INR 3,00,000 |
CMR University | INR 2,25,000 |
Adarsh Institute of Management and Information Technology | INR 5,00,000 |
NSB Academy | INR 6,50,000 |
International Institute of Business Studies | INR 7,00,000 |
Rai Technology University | INR 4,15,000 |
St. Claret Institute of Management | INR 2,30,000 |
Gems B- School | INR 4,40,000 |
Sindhi Institute of Management | INR 4,00,000 |
Top Colleges in Hyderabad
Colleges | Fees |
---|---|
Deccan School of Management | INR 60,000 |
Badruka College Post Graduate Centre | INR 1,16,000 |
Institute of Insurance and Risk Management | INR 3,20,000 |
Gitam Hyderabad Business School | INR 3,96,000 |
Institute of Public Enterprise | INR 4,55,000 |
Malla Reddy University | INR 80,000 |
Administrative Staff College of India | INR 7,50,000 |
Woxsen University | INR 6,95,000 |
Vishwa Vishwani Institute of System Management | INR 6,07,000 |
Symbiosis Institute of Business Management | INR 6,08,000 |
Top Colleges in Pune
Colleges | Fees (INR) |
---|---|
Symbiosis Institute of International Business | INR 7,90,000 |
Bharati Vidyapeeth University, Institute of Management and Entrepreneurship Development | INR 2,25,000 |
Lexicon Mile- Management Institute of Leadership and Excellence | INR 8,30,000 |
Neville Wadia Institute of Management Studies and Research | INR 1,70,000 |
Flame University | INR 6,60,000 |
Balaji Institute of International Business | INR 4,45,000 |
Alard Institute of Management Sciences | INR 3,50,000 |
Sinhgad Institute of Management | INR 1,28,000 |
Zeal Education Society’s Zeal College of Engineering and Research | INR 94,679 |
MIT World Peace University | INR 3,75,000 |
Symbiosis International Business School
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.
Eligibility Criteria
Aspirants seeking to get admission to a program should follow the following criteria.
Final year students can also apply but their admission will be provisional and subject to obtaining a minimum of 50% marks or equivalent grade (45% for SC/ST candidates) in the qualifying exam.
Admission Process
The Selection process is carried out in two steps:
Step I: SNAP Test: Each student desirous of admission to SIIB, Pune must appear for Symbiosis National Aptitude (SNAP) Test, which is a common written test for the admission to all Symbiosis postgraduate institutes. For SNAP Test information log on to http://www.snaptest.org and register. Get your SNAP-ID and complete the SNAP and Institution registration and payment. Preserve the Admit Card of SNAP Test for further selection process at SIIB, Pune. Appearing for the SNAP Test does not automatically qualify an applicant for the next step in the selection process at SIIB, Pune.
Step II: GEPIWAT at SIIB, Pune: Based on SNAP scores, short-listed applicants will be called for the next selection process at SIIB, Pune. Results of shortlisted / not shortlisted candidates are announced via a web-link on SIIB Pune’s website as per the scheduled dates. The entire selection process will be held at PUNE only. This process includes Group Exercise, Personal Interview & Written Ability Test (GE-PIWAT).
MBA IB in Abroad Colleges
Out of the 7,53,000 Indian students who went abroad to pursue higher education, 2,46,000 students chose to pursue MBA Abroad and this number is expected to increase in the coming years.
MBA Abroad eligibility is a bachelor's degree with at least 50% marks in business or related field from a recognized university and a work experience of 3 to 5 years is required.
However, Universities like Anglia Ruskin University, Coventry University, University of West London, etc. consider MBA Admission abroad without work experience also.
Top Colleges in US
Colleges | Fees (INR) |
---|---|
Yale University | INR 57,30,806 |
New York University | INR 58,39,571 |
University of Chicago | INR 53,60,068 |
Thunderbird School of Global Management | INR 52,11,178 |
Northeastern University | INR 52,11,178 |
University of Florida | INR 26,80,034 |
Georgetown University | INR 58,71,508 |
Florida International University | INR 27,24,701 |
University of Delaware | INR 33,340 |
Hult International Business School, Boston | INR 35,36,156 |
Hult International Business School
MBA IB from Hult International Business School is a 1 year programme course offered to students. The eligibility criteria to enroll in this programme is a Bachelor’s degree from a recognized university and a 1 year work experience on their back.
Hult International Business School International Admissions Process
Hult International Business School offers a wide range of Undergraduate and Graduate programs and courses which have different admission application processes and requirements. Here are the admission process and requirements for getting the admission in any program.
Admission Portal: Online portal of the university for Graduate and Postgraduate Programs
Admission Fee: 75 USD
Admission Requirements: To apply for Hult International Business School, international students must fulfill the following requirements for admissions:
Interview (In person or skype based)
Note: All the transcripts and documents must be translated in English language.
Top Colleges in UK
Colleges | Fees (in INR) |
---|---|
Bangor University | INR 14,07,018 |
University of Birmingham | INR 31,05,564 |
University of Portsmouth | INR 15,48,464 |
Coventry University | INR 17,86,689 |
University of Greenwich | INR 18,76,024 |
London South Bank University | INR 14,21,907 |
Liverpool Hope University | INR 11,09,236 |
University College, London | INR 42,06,165 |
Cardiff University | INR 29,25,704 |
Top Colleges in Canada
Colleges | Fees (in INR) |
---|---|
University of Alberta | INR 15,78,242 |
University of Calgary | INR 14,81,463 |
Queen’s University, Kingston | INR 44,07,167 |
Laval University | INR 8,26,343 |
Carleton University | INR 14,86,689 |
University of Regina | INR 8,93,344 |
Sprott School of Business | INR 17,86,689 |
Haskayne School of Business | INR 14,81,463 |
Stephen J.R. Smith School of Business | INR 44,07,167 |
York University, Toronto, Canada | INR 45,46,082 |
Top Colleges in Australia
Colleges | Fees (INR) |
---|---|
Deakin University, Australia | INR 23,12,818 |
University of Melbourne | INR 27,33,305 |
University of Sydney | INR 27,43,158 |
University of Queensland | INR 24,61,453 |
University of Newcastle | INR 21,56,458 |
University of Wollongong | INR 6,56,230 |
Queensland University of Technology | INR 19,25,809 |
RMIT University | INR 21,49,740 |
Flinders University | INR 21,44,142 |
La Trobe University | INR 21,60,937 |
Deakin University
Deakin University is ranked among the top 1% of universities worldwide and also makes it to the top 50 young universities in the world as per QS rankings. It is ranked 55 among World universities Impact Rankings and 11 in the national ranking by Times Higher Education.
Deakin University International Business Application Process
The university has its trimester system of enrolling students who wish to get admitted to Deakin University.
Students have to choose a course first in their desired study level or study area.
Application Portal: Online portal of University or with the help of registered agent of Deakin University
Application Fee: 55 AUD (~3100 INR)
Application Requirements:
International students must make sure whether they meet the minimum requirements for that particular course of study like:
MBA IB Jobs and Placements
According to Payscale, the average salary of an MBA in International Business professionals is around INR 7.91 LPA. The salary package can go up to INR 12 LPA for fresh graduates from reputed B-schools.
Candidates are required to have a certain skill set such as international business knowledge of economies of different countries, understanding the modern trend in business, leadership, and managing business. They should have a keen interest in business, excellent communication skills, knowledge of foreign languages, persuasive ability, and confidence.
Top Recruiters
The top recruiters of the MBA in IB are as the following:
McKinsey & Company | Boston Consulting Group | Bain & Company |
Merrill Lynch & Co | Deloitte Consulting LLP | PricewaterhouseCoopers |
Lehman Brothers | JP Morgan Chase & Co | Goldman, Sachs & Co |
Citi | Booz & Company | Accenture |
Johnson & Johnson | Credit Suisse | Deutsche Bank |
Morgan Stanley | UBS | Microsoft Corporation |
Job Title | Average Salary |
---|---|
Risk Management Director | INR 5,250,000 |
Corporate Auditing Director | INR 3,215,638 |
Real Estate Development Manager | INR 4448,646 |
Marketing Sales Director | INR 3,800,000 |
Government Affairs Director | INR 3,903,660 |
Business Development Manager | INR 597,879 |
Supply Chain Management Director | INR 3,094,801 |
Business Analytics Manager | INR 2,479,234 |
Information Security Director | INR 2,500,000 |
Chief Executive Officer | INR 2,948,782 |
MBA in International Business Scope
There are various courses one can do after MBA in International Business like Ph.D., Professional Courses, etc. But that completely depends on the choice of students. MBA in International Business is in itself a full- fledged course that does not require any supplementation.
After completing their MBA in International Business one must get into an organisation and kick start their professional career. They must choose if they want to work in their country or abroad. They must also decide their area of interest.
Other than this, if a candidate is interested in deepening their knowledge and experience in a particular field of MBA in International Business then can go for courses or programmes which are the sub- disciplines like:
International Banking: The international banking course diploma provides in-depth training in international banking and prepares students for a career in international banks. The programme focuses on business processes, their implications for international capital markets, and how sophisticated financial instruments are used. The curriculum teaches students about financial concerns and their repercussions.
Candidates must Meet The Following Eligibility Requirements In Order To Pursue MBA International Business:
MBA Nternational Business Is An Exciting Course, And One Needs To Be Digitally Strong And Learn Marketing Nuances To Promote Products.
Get Hold Of The Syllabus: Get Hold Of The Examination Syllabus You Are Preparing For.
Make A List Of Topics-wise Strengths And Weaknesses. Work On Them Rigorously.
Time Table: Make A Month-wise Preparation Plan. The Candidates Can Go Through The Syllabus For The Examination They Are Preparing For, And Make A Timetable Or Routine After Going Through The Syllabus. The Candidate Must Dedicate At Least 6-8 Hours To The Studies Daily.
Why Study MBA IB?
Who Should Study?
When to Study?
Admission To MBA International Business Can Be Done In Two Ways: Direct Admission And Securing Valid Scores In CAT, XAT, MAT Or Other National Level MBA Exams.
The Admission Process For MBA International Business Has Been Summarised As Follows:
The Eligibility Criteria For Seeking Direct Admission Into MBA International Business Without Taking The Entrance Exams Have Been Mentioned Below:
Direct Admission
Cut-off Scores For Entrance Exams Govern The Admission Process To MBA International Business Like That Of The CAT, XAT, MAT, XAT, GMAT, NMAT, SNAP, IIFT, And Many More.
National-Level Entrance Exams For MBA International Business
To Pursue MBA International Business, National-level Common Entrance Tests Like Those Mentioned Below Are Considered:
GMAT: GMAT (Graduate Management Admission Test) Is Conducted By GMAC For Admission To More Than 5400 Programs In Various Business Schools Around The World. The GMAT Lasts Nearly 3.5 Hours.
CAT: CAT (Common Admission Test) Is A Qualifying Exam For Admission To MBA, PGDM, And Other PG Level Management Courses In India. The Eligibility For Taking The CAT Exam Is 50% Marks In Graduation, For Reserved Categories The Qualifying Marks Are Relaxed Up To 5%. The Test Consists Of Three Sections: Verbal Ability And Reading Comprehension (VARC), Data Interpretation And Logical Reasoning (DILR), And Quantitative Ability (QA). The Exam Is Taken Online Over A Period Of Three Hours, With One Hour Per Section.
XAT: The Xavier Aptitude Test Is A National Level Aptitude Test Conducted By XLRI Jamshedpur For Admission In MBA/PGDM Programs In XLRI And Other Top MBA Colleges Like XIMB, IMT Ghaziabad, TAPMI Manipal, Etc. The Exam Duration Is 3 Hours. The Syllabus Encompasses Verbal And Logical Ability, General Knowledge, Decision Making, And Quantitative Ability & Data Interpretation.
SNAP: Symbiosis National Aptitude Test Or SNAP Test Is A Common Aptitude Test Conducted By The Symbiosis International (Deemed) University For Admission To The MBA/PGDM Programs. The Exam Is Conducted Once A Year. The Duration Of The Exam Is 60 Minutes Or 1 Hour.
IIFT: The IIFT Exam Is A Management Aptitude Test That Must Be Taken By Students To Seek Admission To MBA International Business Course Offered By Indian Institute Of Foreign Trade (IIFT) Delhi, Kolkata And Kakinada. The National Testing Agency (NTA) Is Responsible For Conducting The IIFT Exam On Behalf Of The Institute.