What is International Business?
International Business is taught in MBA/PGDM. It is one of the few specializations in management domain which is sought by many aspirants but offered by a very few B-Schools in India. MBA in International Business is a 2-year post graduate programme that trains and equips the candidate with all skills required to run a global business successfully.   Â
This management programme aims to develop candidates into professionals who have the knowledge of international business environment and can work there without lagging behind his/her counterparts.
MBA in International Business is open to any candidate who plans to make a career in this field. Since International Business is taught as a specialization in MBA/PGDM programme, the aspirant will be required to go through the process of pursuing normal MBA but choose only certain institutes offering International Business as specialization. The top most b-school in India for International Business is Indian Institute of International Trade (IIFT), Delhi. Many other reputed private institutions also offer International Business degree.
Admission to this course is done in two stages:
- Screening of candidates on the basis of entrance exam score and academic profile
- Group Discussion and Personal Interview to select candidates for admissionÂ
International Business: Required Skillset
Since the road to International Business passes through MBA, the skill set required for this programme are same as required for MBA, namely:
International Business: Required Skillset |
|
|---|---|
| Business aptitude |
Ability to work in a team |
| Excellent communication skills |
Ability to work under pressure |
| Leadership qualities |
Willingness to learn |
| Strong analytical skills |
Interest in international trade |
| Strong logical reasoning ability |
Excellent computer skills |
International Business Eligibility Criteria
Minimum eligibility criteria for International Business is same as that for a regular MBA
- The candidate must have passed Graduation with a minimum of 50% aggregate in any stream or equivalent from a recognised university
- For SC/SC and other Reserved category candidates the minimum marks is 45% aggregate
- Candidates in their final year of Graduation are also eligible to apply
- Admission to MBA in International Business is done on the basis of common entrance exams in most of the institutes, hence the candidate must appear in CAT/XAT/GMAT/MAT/CMAT
Also Read: MBA in International Business Colleges in India
International Business Syllabus
Along with domain specific papers, the course syllabus of International Business includes core subjects of business administration and management. Take a look at topics taught in MBA in International Business:
International Business: Course Curriculum |
|
|---|---|
| International Supply Chain Management |
International Marketing |
| Financial Derivatives & Risk Management |
Financing of International Trade |
| International Contract Management |
Managing Global Compliance in Exports |
| International Human Resource Management |
International Advertising and Brand Management |
| International Supply Chain Management & Logistics |
Foreign Language for Business |
| International Contract Management |
Management of Strategic Alliances |
| Financing of International Trade |
Global Compliance in Export |
| Cross Culture Management |
Online business and E-commerce |
| Procurement and Material Management |
Competitive Strategy |
| International Business Strategy |
International Economics |
Also Read: Importance of Studying International Business During MBA
MBA in International Business: Top Profiles and Recruiters
International Business degree opens up the gate for a career in international trade and business, apart from running a business in export and import, you can fins high paying jobs in MNCs and tech giants at managerial level. Some of the job profiles are mentioned below:
Business Development Manager: A business development manager assists its firm in acquiring new clients and businesses, by way of marketing or sales.
Export managers and executives: Export managers’ main responsibility is find international buyers for their product manufactures domestically.
International Business Consultant: International or foreign business consultants’ main role is to advise and assist a business in international deals. They help the candidate with giving sound advice on investment overseas, target markets, make foreign contacts, use exchange currencies and understand international law.
International Finance Manager:Â The role of international finance manager includes handling critical fronts of a business, like fund raising, risk minimization, understanding international trends and forecasting, etc.
International Marketing Manager: The role of international marketing manager includes finding buyers and markets overseas; ensuring that the business is being run as per the latest market trends and developing products to satisfy consumer’s demand.Â
Global Business Manager: Global Business Manager’s role is to ensure efficiency of the business overseas and the inflow of revenue is healthy and constant. He/she also ensure that the business remains in competition.
Investment Banker: Investment Banker's role includes assisting the firm in financial transactions. He/she also looks at structuring an acquisition, merger, or sale for a client. The role also includes issuing securities for raising money for business and doing all the detailed paper work for it.
MBA in International Business: Top Recruiters
IB graduates are high in demand for various profiles at managerial levels in multinational companies as well as start ups planning to expand their business. Foreign banks, finance companies as well as manufacturing industry hire IB graduates in various capacities. Some of the top recruiters in India are listed below:
Top Recruiters |
|
|---|---|
| Abbot |
Amazon |
| Ernst & Young |
Cargill |
| HCL |
Hennes & Mauritz |
| Bharati Airtel |
Cipla |
| Citi Bank |
Cognizant Business |
| Deloitte |
RBS |
| KPMG |
Reckitt Benckiser |
| Nokia |
Philips |
| JP Morgan |
Goldman Sachs |
| |
Tolaram Group |
Popular International Business Colleges in India
IIFT Delhi - Indian Institute of Foreign Trade
Qutab Institutional Area, DelhiJamia Millia Islamia [JMI]
Jamia Nagar, DelhiPopular Private International Business Colleges in India
Indian School of Business Management and Administration, Ahmedabad
Prahlad Nagar, AhmedabadTop Rated Courses
Courses
- Master of Business Administration (MBA)LPU - Lovely Professional University
- PGDM in EntrepreneurshipEntrepreneurship Development Institute of India
- PGPM-IB + MBAGlobsyn Business School
- Masters of Business Administration (MBA)Maharishi Markandeshwar University, Mullana
- BMS in International Business Integrated with Chartered Institute of Marketing (CIM - UK)Jain Deemed-to-be-University, Bangalore
- Master of Business Administration (MBA)Roorkee Institute of Technology - RIT
- Post Graduate Diploma in Management (PGDM)FIIB - Fortune Institute of International Business
- Bachelor in Business Administration (BBA)Adamas University
- MBA in International BusinessAjeenkya DY Patil University-School of Management
- Master of Business Administration (MBA)GNA University
Popular International Business UG Courses in India
UG Courses
- BBA
97 Colleges
- UG Diploma
24 Colleges
- BCom
11 Colleges
- BBM / BMS
4 Colleges
- BA
3 Colleges
Popular International Business PG Courses in India
PG Courses
- MBA / PGDM
729 Colleges
- Executive MBA / PGDM
58 Colleges
- PG Diploma
28 Colleges
- MCom
20 Colleges
- MSc
1 College
News & Updates
May 28, 2021
May 27, 2021
Comments
You can get from SRI Balaji University, Pune but MBA. Just need a valid score card for any MBA aptitude exams, and you will have to appear in the admission process and selection will depend entirely on your overall performance.
PGDM IB admissions are mostly carried out in a merit-based process. Candidates have to apply and appear for MBA entrance exams such as CAT / MAT / CMAT / XAT etc. A separate application also has to be filled for the respective colleges where a candidate wishes to take admission. Colleges then rel...PGDM IB admissions are mostly carried out in a merit-based process. Candidates have to apply and appear for MBA entrance exams such as CAT / MAT / CMAT / XAT etc. A separate application also has to be filled for the respective colleges where a candidate wishes to take admission. Colleges then release the cutoff marks for admission and shortlist the candidates on its basis. Shortlisted candidates are then required to appear for GD / PI and Essay rounds by the respective colleges. Colleges then create the final merit list based on their overall application and performance.
Taking an Exam? Selecting a College?
Find insights & recommendations on colleges and exams that you won't find anywhere else
On Shiksha, get access to
- 49k Colleges
- 745 Exams
- 221k Reviews
- 750k Answers
Courses you may be interested in
- Agriculture & Food Business
- Business Economics
- Digital Marketing
- Disaster Management
- Energy & Environment
- Entrepreneurship Courses
- Family Business Courses
- Finance
- MBA in Healthcare Management
- Human Resources
- Import & Export
- Infrastructure Courses
- IT & Systems
- Materials Management
- NGO Management
- Oil & Gas Courses
- Operations
- Pharma
- Retail Courses
- Rural Management
- Sales & Marketing
- Sports Management
- Supply Chain
- Telecom Courses
- Textile Management
- Transport & Logistics Courses
- Business Analytics
M
2021-03-06 22:44:17
How can I apply for an PGDM in international business management?
Reply to MUSKAAN KHANDELWAL