MBA in International Business is a 2 years Post graduate program course which is designed to impart knowledge about Foreign Policies, Trade, Foreign Investments, Export Management, Forex Risk Management. MBA IB helps students learn about developing business across different countries and expand business in foreign markets. Students learn to handle scenarios affecting international markets and deal with them effectively.
The minimum eligibility is 50%-60% in a Bachelor’s degree. The MBA in International Business Admission process is merit-based but exams like CAT, MAT, GMAT, IIFT etc are conducted by various bodies for admission into the colleges.
MBA course in International Business offers job roles such as Global Business Manager, Export Manager, International Business Consultant etc. The average salary stands around INR 10-15 lakh.
2.1 Why Study?
3.2 Part-Time MBA (Executive MBA in IB)
3.3 One Year MBA IB
3.4 MBA IB Online
4.1 Eligibility
4.2 Admission 2023
4.5 Application Deadlines 2023
5.2 Top Distance MBA IB Colleges
6.1 MBA IB Subjects
7.1 Mumbai
7.2 Delhi
7.2.1 MBA IB IIFT
7.3 Kolkata
7.4 Chennai
7.5 Bangalore
7.6 Hyderabad
7.7 Pune
7.7.1 Symbiosis Institute of International Business
8.1 US
8.1.2 Hult International Business School
8.2 UK
8.3 Canada
8.4 Australia
8.4.1 Deakin University
9.1 Top Recruiters
9.2 Salary
MBA International Business: Course Details
- The full form of MBA IB is Master of Business in International Business.
- It is a post graduate level course.
- There is no age limit to apply for an MBA in International Business. Anybody irrespective of their age can apply.
- MBA IB eligibility criteria are that the candidates must possess a bachelor’s degree.
- They must score a minimum aggregate of 50% in their graduation but this keeps on changing from college to college. There are a lot of colleges that demand a minimum of 70% aggregate or even more.
- A relaxation of 5% is given to the candidates belonging to the SC/ ST/ PwD section.
- The candidates can seek admission either through national level tests or through various University Entrance Exams.
- The accepted exams for MBA in International Business are CAT, XAT, GMAT, SNAP, NMAT, CMAT etc. Check: MBA Entrance Exams
- Other than these, some colleges or universities have their entrance test.
- The flow of admission starts from either national level tests or entrance exams followed by a group discussion and then a personal interview. Check: MBA IB Admission 2023
- All those who clear all three rounds are selected and are admitted to the desired university or college.
- The average fees lie between 5-15 Lakh depending upon the college. Check MBA IB Jobs
-
The average range of salary packages lies between 10 to 20 LPA.
About MBA IB
In today's economy, MBA in International Business graduates have a lot of options. After completing this course, candidates will have a plethora of career alternatives. Because of the expanding globalisation and the expanding number of businesses playing on the world stage, international business degree graduates are constantly in demand.
Why Study MBA IB?
- The scope of this programme is defined by the employment prospects and compensation packages available to applicants with a degree in this discipline.
- It also provides the opportunity to travel overseas and settle in any part of the world as the degree covers the international aspects of business management.
- An MBA in International Business Management allows you to work for some of the world's most prestigious companies.
- The field offers the highest salary for managerial roles along with the chance to have an international corporate life.
- Candidates with a degree in MBA International Business can also choose to work abroad, have better networking opportunities, and earn handsome salaries. Check: MBA IB Abroad
Who Should Study?
- All those who are enthusiastic about learning the difference between international business and global business can study MBA in IB.
- If a candidate wishes for a stable job with a lucrative salary both in the country and abroad can go for this course.
- The course is very feasible in terms of its mode of education and time period.
- All the working professionals who wish to seek promotions and transitioning salary hikes can go for an online MBA in International Business. Check: MBA Placements
When to Study?
- There is no age bar to apply for an MBA in International Business.
- The minimum eligibility demands a candidate to be a graduate. (three year course graduate).
- However, the cost of this course is comparatively higher but the return will also be much higher once a student is placed. Check: MBA IB Syllabus
- The average age where the most number of candidates pursued MBA in International Business was 26-29 years.
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.
See Also: Types of MBA
Full Time MBA in IB
- The basic eligibility criteria are that the candidates must possess a bachelor’s degree.
- They must score a minimum aggregate of 50% in their graduation but this keeps on changing from college to college. There are a lot of colleges that demand a minimum of 70% aggregate or even more.
- A relaxation of 5% is given to the candidates belonging to the SC/ ST/ PwD section.
- The candidates can seek admission either through national level tests or through various University Entrance Exams.
- The accepted exams for MBA in International Business are CAT, XAT, GMAT, SNAP, NMAT, CMAT etc.
-
The fees range from INR 2 to 30 LPA.
Part-Time(Executive MBA in IB)
- It's a two-year programme for students who wish to work full-time while studying for a degree.
- The course requires a bachelor's degree from a recognised college with a minimum grade of 50%.
- The entrance exam for an Executive MBA in International Business, such as the CAT, XAT, or GMAT, is followed by a group discussion and personal interviews.
- The course fee ranges between INR 8,000 - INR 1.3 lakhs for 2 years.
- The top recruiters are Citi Bank, HDFC Bank, ICICI Bank, Amazon, Google, HSBC, IBM etc.
One Year MBA in IB
- This program is specially designed for people who are working professionals.
- The students must have valid GMAT or GRE scores with sufficient work experience.
- They must graduate from a recognized college or university with a minimum of 50% of aggregate.
- Usually, a minimum of 5 years of experience is required.
- The fee for this program is quite high and is very famous abroad.
- There are some colleges in India that provide such courses but their fees are quite high.
-
The Fees ranges from INR 20 Lakhs.
MBA IB Online
- It's a two-year program for students in an online medium.
- The eligibility norms are the same as that for a full time regular MBA course in International Business.
-
However the fees may vary from college to college but ic comparatively lesser from the regular course.
MBA IB Admission Process
Most B-Schools offer MBA IB Admission through entrance exams. Although there are some institutes that provide direct admission to students either on a merit basis or on a management quota basis.
Every institute follows the following steps to provide admission-
- First stage of the selection process is qualifying for the written test.
- Candidates who qualify for the entrance test are called for stage 2, which includes Group Discussion, and Personal interviews.
-
Final selection is done on the basis of scores of these two stages. The candidate’s past academic performance and work experience is also considered for final selection.
MBA International Management Eligibility
- Candidates must possess a bachelor’s degree. It must be a three-year course from a recognized university.
- They must score a minimum aggregate of 50% in their graduation but this keeps on changing from college to college. There are a lot of colleges that demand a minimum of 70% aggregate or even more.
-
A relaxation of 5% is given to the candidates belonging to the SC/ ST/ PwD section.
MBA IB Admission 2023
- The candidates can seek admission either through national level tests or through various University Entrance Exams.
- The accepted exams for MBA in International Business are CAT, XAT, GMAT, SNAP, NMAT, CMAT etc.
- Other than these, some colleges or universities conduct their own entrance examinations.
- The flow of admission starts from either national level tests or entrance exams followed by a group discussion and then a personal interview
-
All those who clear all three rounds are selected and are admitted to the desired university or college.
MBA IB Entrance Exam
The most popular MBA Entrance Exams in India are CAT and MAT. Other entrance exams are mostly limited to a particular institute or state.
CAT vs MAT
MBA IB Top Entrance Exams include CAT and MAT. These two MBA entrance exams are accepted by almost all MBA Colleges in India. The exam pattern for CAT and MAT differs slightly. IIMs accept only CAT Scores.
| Parameter | CAT | MAT |
|---|---|---|
| Number of Sections | Three | Five |
| Duration | 180 minutes | 150 minutes |
| No. of Questions | 100 | 200 (40 from each section) |
| No. Of Papers | 1 | 1 |
| Test Centre | Candidates can choose four cities as per the choices | Candidates can choose three cities |
| Level of Difficulty | High | Moderate |
| Marking Scheme | Correct Answer: +4 Incorrect Answer: -1 | Correct Answer: +1 Incorrect: -.25 |
| No. of Exams conducted yearly | Once a Year | Four times a year |
| Major Colleges | All IIMs, IITs, FMS, MDI, IMT | Christ College Institute of Management, IMS, BIMTECH (Noida) |
| How to Apply | iimcat.ac.in | mat.aima.in |
MBA IB: State MBA Exams
There are various MBA Colleges all over India. Some of them follow MBA Entrance Exams that are organized by states. Some of the Entrance exams organised by states are mentioned below:
| Entrance Exam | State | Application Date |
|---|---|---|
| APICET | Andhra Pradesh | May 24 – 25, 2023 |
| HPCET | Himachal Pradesh | May 14, 2023 |
| Karnataka PGCET | Karnataka | To be Announced |
| KMAT | Kerala | To be Announced |
| MAHCET | Maharashtra | March 25 & 26, 2023 |
| TANCET | Tamil Nadu | March 25, 2023 |
| PU CET | Punjab | To be Announced |
| TSICET | Telangana | May 26 & 27, 2023 |
MBA International Manegement: Application Deadlines
| Entrance Exam | Registration Date | Exam Dates |
|---|---|---|
| ATMA | 1st week of June 2023 | July 23, 2023 |
| CAT | August 3, 2023 | November 26, 2023 |
| CMAT | February 13, 2023 | To be Announced |
| GMAT | To be Announced | To be Announced |
| NMAT | September 2023 | November 2023 |
| SNAP | 2nd week of August 2023 | 2nd week of December 2023 |
| XAT | To be Announced | To be Announced |
Distance MBA IB
The course duration usually varies from 1 to 2 years depending on the institutes offering the program. The average fees of the distance learning program is around INR 10,000 to 40,000 per semester which is comparatively lesser than the full-time MBA in International Business program.
Distance Admission 2023
- Distance MBA IB Admission 2023 is done on the basis of entrance exams such as OPENMAT, XAT, MAH CET, CAT and others.
- The eligibility criteria for Distance MBA IB is that students must have completed their graduation from a recognized university. Some of the institutes also ask for 3-year work experience as eligibility criteria for Distance MBA Admissions.
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All the working professionals who wish to pursue MBA in International Business can opt for the distance mode. They are not required to go to college regularly and attend classes.
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.
- Also, there are two types of MBA programs: full-time MBA and Weekend MBA.
- The intake capacity is around 40 to 60.
- The selection of candidates to the MBA program is based on a written ability test, group discussion and personal interview (academic performance and work experience).
-
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
- The candidates who have completed their graduation with 50% marks, (45% for SC/ ST/ PWD) from any government recognized university or institution, can apply to IIFT Delhi.
- Apart from this, the candidates should have at least three years of work experience in the managerial cadres.
-
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 candidates are shortlisted for the round of group discussion, personal interview, and writing test based on the IIFT entrance exam.
-
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.
- Candidates must have completed their Graduation with at least 50% marks or equivalent grade (45% for SC/ST candidates)
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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.
- The highly ranked MBA program options include global one-year MBA, executive MBA, hybrid MBA and live online MBA. Students can choose from full-time, part-time and hybrid modes as per their convenience.
- In 2019, the Global Executive MBA program ranked no. 1 in Financial Times Executive MBA rankings.
- The scores accepted in GMAT is 610, for TOEFL 80 and IELTS 6.5 is accepted for admission into the programme.
- The cost of the programme MBA International Business is around INR 35,36,000.
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:
- Transcripts of High school and Secondary
- Transcript of Bachelors with minimum 3.15 GPA (If applying for Graduate program)
- SAT or ACT score
- TOEFL, IELTS or other equivalent exam score required for English Proficiency
- Passport’s Copy
- Personal statement (400 to 500 words)
- Letter of Recommendation (Minimum Two)
- Financial Statement
-
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.
- MBA International Business from Deakin University is a 18 months full time programme offered to the students.
- The Deakin University International Business offers the option to study on campus, in the Cloud (online) and through experiential delivery offerings including residential units, international study programs, and intensive units.
- The scores accepted in GMAT is 500, for TOEFL 70 and IELTS 6.5 is accepted for admission into the programme.
- The cost of the programme MBA International Business is around INR 23,12,000.
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:
- Fulfill Deakin University IELTS requirements (or submit other equivalents)
- Academic entry requirements (Country specific equivalent requirements)
- To apply for a master’s program, one should have a degree certificate of bachelor's level.
- Certified copies of academic transcripts
- Certified copies of all graduation certificates in both the original language and English
- Any documentation relating to selection tasks
- Passport
- CV if required.
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 |
Salary
| 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 Trade: International Trade Courses in India are designed for those looking for better job possibilities or to start their own Export-Import firm. The goal of International Trade diploma courses in India is to provide aspirants with practical information that will help them become export-import executives or start their own export-import company. The Certificate diploma Courses in International Trade Management in India focuses on the concerns of practising International Trade professionals and new entrants, and aids in understanding the dynamics affecting the international marketplace, as well as the entire process, from a real-world, customer-driven perspective. Various NIFT offers this course
- International Human Resource: To be able to bring in the best resources, an HR professional must first understand the organization's needs and plan. HR professionals are in high demand since they use their skills to churn out the best applicants for a company. Because human resources are a rapidly growing field, pursuing a career in it can lead to a variety of attractive work options.
- International Marketing: All enterprises in India, including export-import companies, shipping companies, logistics companies, Customs House Agents CHA, freight forwarders, and others involved in foreign trade, rely on international marketing. As a result, the International Marketing Course in India provides a method and framework for recognising and analysing the main cultural and environmental characteristics of any country or global region, as well as emphasising the importance of demonstrating international marketing management from a global perspective.
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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.
MBA IB FAQs
Ques: Has an MBA in International Business got much scope?
Ans: MBA in International Business has an abundance of scope in the international market as well as the import/ export area. The above article gives detailed information about the areas when one can excel through MBA in international business.
Ques: How is MBA different from MBA in International Business?
Ans: If we talk about the eligibility and exams for admission, there is no difference. The only difference is in the curriculum and scope of the course. MBA, on one hand, focuses on management internally whereas an MBA in International Business teaches about management not just at the country level but at an international space.
Ques: What all countries provide the best MBA in Internal Business?
Ans: Various countries are offering MBA in International Business. The best of them are the US, UK, India, Canada, etc.
Ques: What is the best example of a company which deals in International Business?
Ans: The companies that deal in International Business are those that have several chains of their company in various parts of the world. Some of the famous ones are Amazon, Coca- Cola, KFC, Dominos, etc
Ques: Which country is best for MBA in international business?
Ans: Many countries offer MBA in International Business courses with the United States as the best. Some other countries are the UK, Australia, France, Germany etc.
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