International Business

International Business is one of the popular fields in business management which promises a corporate career in top MNCs and global business enterprises. 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.

It is mainly 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. The International Business course is also available at undergraduate level as a specialisation in BBA and BCom. 

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 specialisation 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 specialisation. 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 International Business 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 admission 

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 per cent aggregate in any stream or equivalent from a recognised university
• For SC/SC and other Reserved category candidates the minimum marks is 45 per cent aggregate
• Candidates in their final year of Graduation are also eligible to apply
• UG Eligibility criteria for pursuing a course in International Business is class 12 or equivalent pass with a minimum of 50 per cent in aggregate (45 per cent for reserved category candidates).

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: Top MBA Entrance Exams

For admission to MBA International Business courses, candidates have to appear for a common entrance test, conducted by institutes or government agencies. Given below are the top national level MBA entrance exams for MBA in International Business.

International Business: Top BBA Entrance Exams

For pursuing a course in International Business at undergraduate level, candidates need to appear for a common entrance test. Listed below are the popular BBA entrance exams.

Also Read: Top MBA/BBA Entrance Exams

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 syllabus of MBA in International Business:

Also Read: Importance of Studying International Business During MBA

Top Colleges for International Business in India

The preferred choice among students for International Business course is after graduation, i.e. MBA or PGDM. Given below are the 10 popular MBA colleges in India for International Business.

• Indian Institute of Foreign Trade, Delhi
• SJOMSOM Mumbai
• KSOM Bhubaneswar
• MDI Gurgaon
• SIIB Pune
• Jamia Millia Islamia
• Banaras Hindu University
• Amity University Noida
• FORE School of Management
• Institute of Management, Nirma University

Also Read:

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:

International Business Development Manager: A business development manager assists its firm in acquiring new clients and businesses, by way of marketing or sales. Average salary is around INR 10 lakh per annum. 

Export Manager: Export managers’ main responsibility is find international buyers for their product manufactures domestically. Average salary is around INR 6 lakh per annum. 

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. Average salary is around INR 10 lakh per annum. 

International Finance Manager:  The role of international finance manager includes handling critical fronts of a business, like fund raising, risk minimization, understanding international trends and forecasting, etc. Average salary is around INR 10 lakh per annum. 

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. Average salary is around INR 8 lakh per annum. 

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. Average salary is around INR 10 lakh per annum. 

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. Average salary is around INR 9 lakh per annum. 

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:

FAQs on International Business

Q: What are the courses available in International Business?

Q: What is the eligibility criteria for pursuing MBA in International Business?

Q: What is the eligibility criteria for pursuing BBA/BCom in International Business?

Q: What is the admission process for MBA in International Business?

Q: I am a Science graduate. Can I opt for International Business course in PG level?

Q: Which are the top entrance exams for International Business?

Q: What is the career scope in International Business?

Q: What is the average salary offered after completing MBA in International Business?

Q: Which are the top colleges for MBA in International Business?

Q: Is Maths compulsory in class 11 and 12 for pursuing a course in International Business?

Q: What is the average fees of MBA in International Business courses?