MBA in International Business

International Business – “the activity of trading goods and services between countries”. MBA in International Business is a 2-year post-graduate program that helps students to improve their knowledge and skills required to run a global business successfully. This management program aims to develop students into professionals who know the international business environment, import, and export, and can work confidently.

International business programs give students a better understanding of the international business environment all over the world and it is helpful for graduates who are interested to work across international boundaries and cultures. Studying international business will help students to a brief idea about globalization, international markets, people, and information across countries.

MBA International Business Syllabus

The syllabus of the postgraduate program in International Business management are as following:

Skills Set Required for MBA International Business

The skillset required for International business management is the same as required for an MBA, Namely:

MBA International Business Jobs

An International Business degree opens up the gate for a career in international trade and business, export and import, International business consultant, and Global business manager. You will get high paying jobs in MNCs and other organizations at the managerial level. Some of the job profiles are mentioned below:

Business Development Manager: A business development manager task involved day to day activities such as contacting potential clients, recording all successful and unsuccessful attempts to close the client, and noting important details of each conversation.

Export managers and executives: Export managers’ main responsibility is to coordinate the international shipment of goods and also need to negotiate with a variety of people, such as shippers and vendors.

International Business Consultant: International business consultants provide information and advice to companies about doing business with or in other countries. They help the candidate by giving sound advice on investment opportunities, competitors, and business practices.

International Finance Manager:  The role of the international finance manager includes coordinating financial management activities for assigned clients, budget planning, management reporting, and financial analysis.

International Marketing Manager: The role of an international marketing manager includes develops and implements a strategic marketing plan for an organization. Promote the company’s presence on various platforms.

Global Business Manager: Global Business Manager’s role is to innovate new products and negotiates to increase profits in business. To do this, they also ensure the market trends, demands, finance, and trade law.

Investment Banker: Investment Banker’s role includes the development of various types of financial models and develops a relationship with new and existing clients to increase the business. Review of materials used in the financing clients, private equity transactions, mergers, and acquisitions.

Career in International Business

The students having a degree in international business can be a part of the private and government sectors. It provides a great opportunity to work in the global market and across the world. The students can join the international market department of the companies, global tourism sector, global shipping companies, international consultancy firms, import and export departments of companies, international logistics, international placement offices, and courier companies.

A post-graduate in international business from a good institution can get the starting salary offered range from Rs. 5 lakh to Rs. 12 lakh per annum and designation will be as a management trainee. Some of the top recruiters of the MBA in IB are as follows:

• Mckinsey & Company
• Boston Consulting group
• Brain and Company
• Deloitte Consulting LLP
• JP Morgan Chase & Co
• Morgan Stanley
• Goldman, Sachs & Co
• Microsoft Corporation

MBA International Business Certification Courses

• International Business and Strategy.
• International Relation
• Global Leadership Development.
• International Business Essentials.
• International Business Operations and Management.
• International Business Environment.

There are many entry-level certifications on platforms like Udemy, Coursera, etc.

Best Colleges for MBA in International Business

IIFT is the topmost institute then priority can be given to IIMs and other premier B-schools. Some of the institutes are mentioned below that have a dedicated program for International Business.

• Indian Institute of Foreign Trade, Delhi
• Indian Institute of Foreign Trade, Kolkata
• MDI, Gurgaon
• Symbiosis Institute of International Business, Pune
• SRCC GBO, Delhi
• K.J. Somaiya, Mumbai
• FORE School of Management, Delhi
• UBS Chandigarh

Authors

• Piyush Warulkar: B.Tech Mechanical
• Chintamani Digraskar: B.com

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