Having a Global/International Business or running an International business is a dream of most Management/business geeks, MBA in International Business is the degree for such candidates.
MBA in International Business is a 2-year post-graduate program course which is designed for candidates with the will of imparting skills and knowledge of running an international business.
The Full-form of MBA in International business is a master’s in Business Administration in International Business, there is no minimum age limit to apply for MBA in International Business.
Everybody is eligible to apply for the MBA international business irrespective of his/her age.
A student of the MBA in International business is taught Foreign policies, trade, foreign investments, export management, forex management, etc.
MBA International Business is one of the popular specialisations of MBA, which candidates opt for. The scope for MBA International business is ever-expanding, due to the rapid globalization happening around the globe.
The major recruiters of candidates with MBA in International Business are the MNCs, the initial salary package of candidates ranges from INR 5-15 lakh per annum approximately.
The job roles offered to candidates after completion of an MBA in International Business are Global Business Manager, Export Manager, consultant, etc.
The Minimum eligibility criteria for Admission to MBA in International Business course in various colleges is 50-60% aggregate marks approximately in a bachelor’s degree.
Candidates have to take entrance exams for admission in MBA in International Business such as CAT, MAT, GMAT, CMAT, XAT, IIFT, etc., as scores of such entrance exams are considered by institutions at the time of applying to colleges.
The top colleges for MBA in International business include IIFT, Alliance University, etc., and the average fees range between INR 10-12 lakhs for the complete MBA in International Business course approximately.
MBA in international business: Eligibility Criteria 2022
Eligibility criteria are different for different colleges we’ll be discussing the eligibility criteria which are common for almost every college, the candidate can check detailed eligibility criteria for the college in which they wish to get admission on the college’s official website.
Given below are the minimum eligibility criteria for all the colleges:
- Since it is a postgraduate degree, a student must have an undergraduate degree.
- The student must have secured 50-60% aggregate marks in the undergraduate program approximately. Some colleges even have a minimum marks limit of 70% aggregate marks approximately in the undergraduate program.
- A relaxation of 5% marks approximately is given to the candidates belonging to SC/ST/PwD section.
MBA in international business: Admission Process 2022
Given below is the Admission process of the various colleges providing admission to MBA in International Business course:
- The candidate can seek admission either through entrance exams or through merit-based admission.
- The accepted exams by colleges giving admission to MBA in International Business courses are CAT, XAT, GMAT, SNAP, NMAT, etc.
- Other than these, there are some colleges which conduct their exam for selection in the course MBA in International Business.
- After the examination, there are other selection rounds such as group discussion and a personal interview.
- All those students who pass all the rounds are eligible to get admission to the desired university or college.
- After the confirmation of admission, students have to pay the fees and submit the documents to the college/university.
MBA in international business: Salary in India in 2022
Before pursuing a course you must know, what are the salary prospects after completion of the course?. The average salary that a candidate can expect after completion of an MBA in International Business is around INR 5-15 lakhs per anum approximately.
Given below table shows the salary which candidates can expect after MBA in International business, with different job roles:
Job Title offered after MBA in International Business | Average Salary |
Business Analytics Manager | INR 5-10 LPA |
Business Development Manager | INR 5-8 LPA |
Chief Executive Officer | INR 9-20 LPA |
Corporate Auditing Director | INR 10-15 LPA |
Government Affairs Director | INR 9-12 LPA |
Information Security Director | INR 5-10 LPA |
Marketing Sales Director | INR 8-12 LPA |
Real Estate Development Manager | INR 5-9 LPA |
Risk Management Director | INR 5-15 LPA |
Supply Chain Management Director | INR 7-12 LPA |
These salaries are not accurate, these are just estimates. The actual salary depends on various factors such as experience, skills, the calibre of the candidate, etc.
MBA in international business: Top Entrance Exam 2022
The most popular entrance exam in India which are to be taken if a candidate wishes to get admission to MBA in International Business in India are CAT and GMAT.
CAT
CAT(common admission test) is an entrance exam which is taken by candidates to get admission into various 2-year MBA programs at 20 IIMs in India.
CAT is scheduled for November 2022 and the registration process has begun in July 2022.
You can check other details about CAT on CAT’s official website.
GMAT
GMAT(Graduate Management Admission test) is taken by the candidates for admission in various colleges to MBA programs, GMAT is accepted by more than 500+ universities globally.
If a candidate wants to get admission to an MBA in International Business then the person cannot miss the GMAT exam.
There are no fixed dates for the GMAT exam and also for the registration of the exam, candidates can even pay for the exam a day before the examination.
There are various other entrance exams which a candidate can take if they want to get admission in the MBA in International Business programme such as MAT, CMAT, XAT, IIFT, etc., you can check about these exams on their official website.
MBA in international business: Subjects in 2022
Given below table shows the subjects for the 1st and 2nd years.
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 |
These are the elective subjects from which a student can choose their elective subjects.
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 international business: Scope in 2022
There are various courses one can do after MBA in International Business like PhD, Professional courses, etc.
Oe can get a job in various domains after completing of MBA in International business.
The top recruiters after MBA in International Business are as follows:
Citi | Booz & Company | Accenture |
Johnson & Johnson | Credit Suisse | Deutsche Bank |
Lehman Brothers | JP Morgan Chase & Co | Goldman Sachs & Co |
McKinsey & Company | Boston Consulting Group | Bain & Company |
Merrill Lynch & Co | Deloitte Consulting LLP | Price water house Coopers |
Morgan Stanley | UBS | Microsoft Corporation |
These are the job titles which are offered to candidates after completion of MBA in International Business.
Given below table shows the Job roles which are offered to the candidates after completion of an MBA in International Business.
Job Title |
Supply Chain Management Director |
Risk Management Director |
Real Estate Development Manager |
Marketing Sales Director |
Information Security Director |
Government Affairs Director |
Corporate Auditing Director |
Chief Executive Officer |
Business Development Manager |
Business Analytics Manager |
These are just some of the job roles offered to candidates, there are various other job roles offered to candidates.
FAQs
Ques Does MBA in International business has scope?
Ans yes, MBA in International business has a lot of scopes, you have a lot of job opportunities both globally and even in India. You can also run your own international business after MBA in International Business.
Ques How is a general MBA different from MBA in International Business?
Ans General MBA teaches students about the insight of general business administration, whereas MBA in International business teaches them about international business.
Ques which countries provide an MBA in International Business course?
Ans there are various countries which provide MBA in International Business, top countries among them are UK, USA, India, Germany, Italy, etc.
Ques What are some companies which deal in International Business?
Ans all the companies who have multi-nation operations are indulged in the International Business, for example; Amazon, Walmart, etc.
Ques what is the minimum admission requirement for MBA in International Business?
Ans The Minimum eligibility criteria for admission to MBA in International Business course in various colleges is 50-60% aggregate marks approximately in a bachelor’s degree.
Ques what are some entrance exams for MBA in International Business?
Ans CAT, XAT, MAT, CMAT, GMAT, SNAP, etc., are some entrance exams for the MBA in International Business
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