MBA International Business Course Highlights

MBA (IB) International Business Course Overview

MBA IB or MBA in International Business is one of the best careers for any candidate who wants to pursue the MBA course. The career opens a path to global business. Most of the Indian companies want to set up their business in foreign countries, for this also requires candidates who had done MBA in International Business course. Companies want candidates who manage all the team members.

MBA in International Business is a 2-year course after graduation degree. The course is designed in such a way to detail about Foreign Investments, Trade, Foreign Policies, Forex Risk Management, Export Management, etc.

Admission to the International Business course is done on a basis of entrance exams. If you want to be with top innovative candidates, then you must work hard to crack the entrance exam and enroll in top colleges. After clearing the entrance test candidates must be prepared for a personal interview, group discussions, and many more.

The top institutes conduct this type of interview so they gave a score to candidates and from overall marks and interviews, they select in their dream college. The article is a complete overview of MBA (IB) International Business 2022 Course Details, Course Scope, Eligibility Criteria

Eligibility Criteria for MBA in International Business

• The candidates must hold a bachelor’s degree with a minimum of 3 duration with at least 50% marks in the qualifying examination.
• After completing the course if you qualified for the exam then you must clear Group Discussion and Personal Interview.
• There is no age limit for applying for this course.
• The duration of the MBA in International Business course is of 2 years.
• The students must have to appear for MBA Entrance Exam to get admission in MBA specialization.

Entrance Exams for MBA in IB Course

The candidates who are pursuing this course can seek admission through the National Level test or University Entrance exam. But some of the colleges conduct their entrance test for this course.

Below we have mentioned some of the best exams for an MBA in International Business Course:

• CAT – CAT Exam full form is Common Admission Test. The CAT Exam is conducted once a year. The duration of the exam is of 3 hours. Those candidates who are qualify can take admissions into more than 1200+ business schools that accept CAT Score. The exam is conducted by Top IIMs. The duration of the CAT exam is of 2 hours.

• XAT – XAT Exam full form is Xavier Aptitude Test. The exam is conducted by XLRI Jamshedpur. The level of the exam is National level. Those candidates who are qualify can take admissions into more than 700+ business schools that accept XAT Score. The candidates must hold a bachelor’s degree of 3 years duration from a well recognized University. The XAT Exam is conducted once a year. The duration of the exam is of 3 hours.

• CMAT – CMAT Exam full form is the Common Management Admission Test. The exam is conducted by National Testing Agency (NTA). The exam mode is conducted Computer-based Test. Those candidates who are qualify can take admissions into more than 1000+ business schools that accept CMAT scores. There is no age limit for appearing in the CMAT Entrance test. The CMAT Exam is conducted once a year. The duration of the exam is of 3 hours.

• MAT – MAT Exam full form is Management Aptitude Test. The exam is conducted 4 times a year. Every year in February, May, September, and December exam is held. Those candidates who are qualify can take admissions into more than 800+ business schools that accept MAT Score. MAT exam is conducted by All India Management Associations for admissions into MBA and PGDM courses. The duration of the exam is of 2 hours 30 minutes.

MBA in IB Syllabus

MBA in International Business Scope and Salary

In today’s world business are not only stick to any country it expands to all over the world. The businesses are expanding their company with this International Business professional are in high demand. Recruiters are looking for MBA graduates in international Business who are highly skilled in their field.

MBA graduates can help businesses and expand their business overseas. Moreover, it has tremendous scope in the world. Furthermore, all organizations today want to expand internationally. If candidates had done their course in MBA International Business then they can earn well in few years of experience. The candidates can decide if they want to work in their country or abroad.

MBA in International Business is a postgraduate Business Degree. Some of the best employment areas in MBA in International Business are Brand Management, Hospitality Sector, Retail Sector, Banks, Foreign Exchange Management, etc.

Employment Areas after MBA in IB

If you are a travel enthusiast then you can also travel to many countries by switching your jobs after a few years of work experience. Furthermore, it has a tremendous scope in the International market as well as import and export area. The average salary candidates can accept after completing the course is INR 8 lakh to INR 10 lakh. The top recruiters of the MBA in International Business are Bain & Company, McKinsey, Deloitte, JP Morgan, Goldman Sachs, Johnson & Johnson, Deutsche Bank, etc.

MBA International Business Job Profile

International Business is such a career that offers many opportunities in this sector. With the huge growth of industries from the past few years, industries want to expand their company overseas. We have mentioned below some of the best job roles:

• International Business Consultant
• International Marketing Manager
• International Finance Manager
• Investment Banker
• Export Manager, etc.

Career Roles as an MBA in International Business

The candidates after completing their MBA course had a variety of opportunities in this field. Here we have mentioned some of the best roles as Cyber Security Professionals.

• International Business Consultant

  The global market of the consulting sector is around $250 Billion. It is one of the largest sectors and the more no of professionals working in this sector. Furthermore, in 2019 the market was valued at $160 Billion. The business consultant provides Marketing advice and consultancy to the manufacturers who want to grow their business. The business consultant also starts their own business or agency to work for Clients and earn better than a job after a few years of experience. Some of the best skills which are required are Good teamwork skills, Quantitative & analytical Skills, Problem-solving skills, Communication Skills, etc. The average salary an International Business Consultant can earn is INR 9 lakh to INR 12 lakh per annum.

• International Finance Manager

  The Finance Manager deals with the financial aspects of the business. For the past 4-5 years many foreign companies set up their office in India. As a result, those who are doing a course in International Finance Manger have the best opportunity working with World’s top best companies. The task includes Budgets, Statement of Business, Analysing Financial Reports, etc. Furthermore, the finance manager has a job to manage all the financial activities and make the best strategies for the company's growth. Some of the best skills which are required are Mathematical proficiency skills, Analytical Skills, Problem-solving skills, Communication Skills, etc. The average salary an International Finance Manager can earn is INR 11 lakh to INR 13 lakh per annum.

• Investment Banker

  The US Investment industry banking annual revenue is about $140 billion. All over the world, the 50 largest firms generate more than 90% of industry revenue. Investment bankers are those who raise capital for company growth through debt or equity. Furthermore, Investment bankers have a good knowledge of Stock, Trading, and many more. Some of the best skills which are required are Leadership skills, Communication skills, Analytical thinking, Innovative, etc. The average salary an Investment Banker can earn is INR 9 lakh to INR 12 lakh per annum.

Watch the Video MBA in International Business

MBA in IB Frequently Asked Questions (FAQs)

Q1:-What is the full form of an MBA (IB) course?

Ans:-The full form of MBA (IB) is Masters of Business Administration in International Business.

Q2:-What are some of the Specialization courses in MBA (IB)?

Ans:-Some of the best specialization course in MBA (IB) is Supply Chain Management, Finance, Marketing, etc.

Q3:-What are some of the job profiles that pay a good amount after completing an MBA (IB) course?

Ans:-In India, only a few people opt for this course as compared to MBA in Marketing and MBA in Finance. Furthermore, in India, it is in High demand and if candidates do well in the course curriculum they can earn about a good paycheck after graduation. Some of the most known job profiles are International Business Consultant, International Finance Manager, Project Manager, etc.

Q4:-What are some of the employment areas a candidate can find a job in after graduation in this specific area?

Ans:-There are many employment areas after MBA in International Business. Here we have mentioned some of the best employment areas for candidates which are Banks, Airlines, Logistics Management, Brand Management, Foreign Exchange Management, etc.

Q5:-What is the average fee for the course MBA in International Business?

Ans:-The average fee for MBA in International Business is INR 7 Lakh.