An MBA (Master of Business Administration) with a focus on International Business is a specialized postgraduate-level degree that combines the core principles of business administration with a specific emphasis on global business operations, strategies, and challenges.
MBA IB program is designed to prepare students for leadership roles in the international business arena, where companies operate globally and face unique complexities.
Here's a tabular overview of MBA in International Business highlights for a clear understanding of the program:
|
Aspect |
Description |
|
Course Name |
MBA in International Business |
|
Course Level |
Postgraduate |
|
Duration |
Typically 2 years (some 1-year options) |
|
Eligibility |
Bachelor's degree, good academic standing, entrance exams (CAT/XAT/MAT/ATMA/CMAT), work experience preferred for some programs |
|
Fees |
INR 5 Lakh - 15 Lakh annually |
|
Salary Range |
Starting salaries: INR 6 - 10 LPA, with potential for higher packages |
|
Top Colleges |
IIM Ahmedabad, IIM Calcutta, IIM Bangalore, IIM Lucknow, FMS Delhi, SPJIMR, XLRI, SIBM Pune, NMIMS, GLIM |
|
Job Profiles |
International Marketing Manager, Global Business Analyst, Export/Import Manager, International Trade Specialist, Supply Chain Analyst, FDI Analyst, Consultant (International Business), Regional/Area Sales Manager, Business Development Manager (International) |
The eligibility criteria for an MBA in International Business in India can vary slightly between institutions and programs, but generally follows these guidelines:
Here are the top 10 private MBA colleges for International Business in India, along with their average fees:
Here are some of the top government MBA in International Business colleges in India, renowned for their esteemed reputation, rigorous programs, and strong alumni network:
|
College |
Location |
Entrance Exam |
|
Indian Institute of Foreign Trade (IIFT) |
Delhi |
CAT/XAT/MAT |
|
Faculty of Management Studies (FMS), Delhi University |
Delhi |
CAT/XAT/MAT |
|
Jawaharlal Nehru University (JNU) Centre for International Trade and Economics (CITE) |
Delhi |
JNUEE |
|
Central University of Punjab |
Bathinda |
CAT/XAT/MAT |
|
University of Hyderabad |
Hyderabad |
CAT/XAT/MAT |
|
Tata Institute of Social Sciences (TISS) |
Mumbai |
CUET(PG) |
|
Symbiosis Institute of International Business (SIIB) |
Pune |
SNAP/CAT/XAT/MAT |
|
Lal Bahadur Shastri Institute of Management (LBSIM) |
Delhi |
CAT/XAT/MAT |
When it comes to the scope of MBA IB, it's generally considered a promising field with good job prospects and earning potential. Graduates with an MBA IB can find careers in various sectors.
|
Job Profile |
Responsibilities |
|
International Marketing Manager |
Develops and implements marketing strategies for Indian companies entering new international markets. Manages branding, advertising, and market research. |
|
Global Business Analyst |
Analyzes international markets, identifies opportunities, and develops strategies for expansion for Indian companies. Recommends solutions to improve efficiency and profitability. |
|
Export Manager |
Oversees the export of goods and services from India to other countries. Manages logistics, documentation, and compliance with international trade regulations. |
|
Import Manager |
Oversees the import of goods and services from other countries to India. Manages logistics, documentation, and compliance with international trade regulations. |
|
International Trade Specialist |
Provides expertise on international trade laws, regulations, and customs procedures in India. Advises companies on how to navigate the complexities of international trade. |
|
Supply Chain Analyst |
Optimizes the flow of goods and materials for Indian companies across international borders. Identifies cost-saving opportunities and improves efficiency. |
|
Foreign Direct Investment Analyst |
Evaluates potential foreign direct investment opportunities in India and makes recommendations to companies. Manages the investment process and ensures compliance with regulations. |
|
Consultant (International Business) |
Provides expert advice to Indian companies on entering new international markets, expanding their operations, and managing international business risks. |
|
Regional/Area Sales Manager |
Responsible for sales in a specific geographic region or area for Indian companies. Develops and implements sales strategies, manages customer relationships, and achieves sales targets. |
|
Business Development Manager (International) |
Identifies and pursues new business opportunities for Indian companies in international markets. Negotiates deals, builds relationships with partners, and expands the company's global footprint. |
When it comes to top recruiters for MBA graduates with a specialization in International Business, the landscape is diverse and exciting, offering opportunities across various industries and locations. Here are some of the leading names to consider:
|
Boston Consulting Group (BCG) |
Bain & Company |
HSBC |
Coca-Cola |
|
Goldman Sachs |
J.P. Morgan Chase |
Nestlé |
Pepsi |
|
Samsung |
Toyota |
Apple |
Ernst & Young (EY) |
|
|
DHL |
Crisil |
Wipro |
Yes, an MBA in International Business in India can be worth it as it prepares you for global business challenges, enhances career prospects, and fosters a global perspective.
Freshers can expect to earn between INR 3-8 LPA, while experienced professionals with 5+ years of experience can earn up to INR 30 LPA.
None of the Indian Institutes of Management (IIMs) specifically offer a specialized MBA program exclusively focused on International Business. However, several IIMs offer postgraduate programs with a strong focus on international business aspects, providing graduates with the necessary skills and knowledge for successful careers in the field.
Eligibility for an MBA in International Business typically requires a bachelor's degree in any discipline with a minimum percentage, relevant entrance exam scores (e.g., CAT, GMAT), and sometimes work experience.