International means no restrictions of boundaries. If you are working with an International unit, you will have to go anytime anywhere in the world.
MBA in International Business is a postgraduate programme which equips the students with the sufficient knowledge and training for the all needed basic knowledge of International Business.
It is a degree designed to develop the resources and capability of managers in the global economy. The academic education has been initiated in the year 1946 in America by the American Institute of Foreign Trade.
“The International Business focuses on the understanding of the behavior and planning of international operations”.
Course Curriculum
In the course curriculum of the MBA in International Business, the students are taught about the; procedure and documentation involved in export and import, methods of approaching customers in foreign countries, currency conversation & fluctuation, raising capital from international market and distribution market.
In the first year, the students know about the basic knowledge of general management with international business. In the second year the students can go for choosing the specialization in the area of finance, marketing, supply chain management with the emphasis of international business.
An MBA in IB is 2 years full-time or part-time or through distance education programme. It is offered by the various institutions in and out of the country.
t has the following course feature:
- Export and Import Management
- International Marketing
- Foreign Exchange Management
- International Finance
- International Logistics
Admission
The student must have to appear the entrance test such as MAT/CAT/XAT or ATMA before to get the admission in MBA with any specialization. You can do the MBA in IB after the completion of UG degree in Engineering, medical, science, art and humanities.
Some of the affiliated universities conduct their own admission examination.
Yes, you can do the MBA in IB through the distance learning education programme. Some of the universities like Sikkim Manipal University and Indira Gandhi National Open University are offering the distance MBA programme. The IGNOU conducts the OPENMAT as entrance test.
Jobs & Career
A student having the degree in international business can be a part of private and government sectors. This specialization provides the great opportunity to work in a global market and across the world.
The MBA in IB person can join the international market department of the companies, international placement offices, import and export departments of companies, global shipping companies, global tourism sector, international consultancy firms and international logistics & courier companies.
You job titles of this career prospective are:
- Export managers and executives
- International business consultant
- Consultant
- International Business Development Manager
- International Marketing Manager
- International Finance Manager
- Global Business Manager
- Export coordinator
- Account Manager
- Brand Manager
- Management Consultant
- Marketing Manager
- Project Managers
- Material Manager
- Supplier Manager
- Investment Banking Manager
Salary
This field has a good opportunity to get the handsome salaries. It has a more opportunity to get a career in abroad and get the salary in foreign currency.
A postgraduate in international business from a reputed institution can get the initial salary offered range from 5 lakh to 12 lakh per annum and the designation will be as a management trainee.
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
- Lehman Brothers
- JP Morgan Chase & Co
- Goldman, Sachs & Co