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:
Â
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% marks n aggregate in any stream or equivalent from a recognised university
- For SC/SC and other Reserved category candidates the minimum marks in 45%
- 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
International Business: Course Curriculum
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 |
Â
International Business: Job Profiles & Top 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.
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:
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 |
Â
Popular International Business Colleges in India
- Total Fees: ₹ 2.95 Lakh
- |
- 1 years
- |
- Part Time
- Total Fees: ₹ 23.58 Lakh
- |
- 2 years
- |
- Full Time
- Total Fees: ₹ 16.25 Lakh
- |
- 2 years
- |
- Full Time
- Total Fees: ₹ 11.04 Lakh
- |
- 2 years
- |
- Full Time
- Total Fees: ₹ 7,800
- |
- 1 years
- |
- Distance/Correspondence
Top Rated Courses
Courses
- Master of Business Administration (MBA)MIT Group of Institutions
- UG Program in Fashion and Lifestyle Business ManagementPearl Academy, Rajouri Garden
- Master of Business Administration (MBA)Parul University
- BBA in International BusinessASM (CSIT) College of Commerce, Science and Information Technology
- Post Graduate Diploma in International BusinessIPE Hyderabad - Institute of Public Enterprise
- Master of Business Administration (MBA)IMRT Business School
- Master of Business Administration (MBA)IILM Academy of Higher Learning, Lucknow
- Masters of Business Administration (MBA)ASM’s Institute of Professional Studies (IPS)
- Post Graduate Diploma in Management (PGDM)Asia-Pacific Institute of Management
- Master of Business Administration (MBA)LPU - Lovely Professional University
Popular International Business PG Courses in India
PG Courses
- MBA / PGDM
669 Colleges
- Executive MBA / PGDM
45 Colleges
- MCom
15 Colleges
- MMS
1 College
- MSc
1 College
Ask & Answer (Showing 5 of 1.2K Q&A)
Hi Swati, PGDM Program is renowned for its extensive and in depth coverage of core and specialized courses, creating innovation and entrepreneurial qualities. Here you can choose from many specializations like Marketing, Finanace and Human Resource etc. as your Major as well as minor specializati...Hi Swati, PGDM Program is renowned for its extensive and in depth coverage of core and specialized courses, creating innovation and entrepreneurial qualities. Here you can choose from many specializations like Marketing, Finanace and Human Resource etc. as your Major as well as minor specializations.
PGDM-IB is a unique program that blends theories & practices in business, specially designed to nurture managers for the ever increasing demands in domestic as well as international market.
I wanna add something to my answer is that this college gives you the best it can to give you a good corporate exposure. You will be given a great exposure from the very first day. Talking about the faculty , they have a great in house faculty and for other subjects they have some great relations with the top most faculty.
Answered bykaran sharma Beginner-Level 2
Read All Answers (4)Hi ketan. Examination: CUET 2020 will be conducted online I. e. Computer-based Test (CBT) on April 27, 2020 to April 27, 2020. Good luck!
Answered byheena agrawal Guide-Level 15
Hello! Marketing, Finance, HR, and Operations are the most widely pursued MBA specializations in India. https://www.shiksha.com/mba/articles/top-5-mba-specializations-in-india-blogId-3223.
Answered byABHISHEK K Scholar-Level 17
Read All Answers (3)Hi Ashish. Some of the top colleges offering PGDM are listed below:IIM Bangalore. IIM Calcutta. Faculty of Management Studies, Delhi. Symbiosis Institute of business management, Pune. SP Jain Institute of Management and Research, Mumbai. Narsee Monjee Institute of Management Studies, Mumbai. Good...Hi Ashish. Some of the top colleges offering PGDM are listed below:
IIM Bangalore. IIM Calcutta. Faculty of Management Studies, Delhi. Symbiosis Institute of business management, Pune. SP Jain Institute of Management and Research, Mumbai. Narsee Monjee Institute of Management Studies, Mumbai. Good luck!
Answered byheena agrawal Guide-Level 15
Offcourse yes, you can teach as you are masters and even having a doctorate degree so here you can clearly signifies that you can teach all the masters students as well.
Answered bykanu vashisht Scholar-Level 16
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