MBA in International Business is a 2 years post graduate management degree course whose general eligibility criteria include candidates having cleared their graduation in relevant subjects with an average aggregate score of 50% and above or equivalent CGPA from a recognised university. MBA in International Business Admission process is similar to any other MBA courses, where students are enrolled on the basis of entrance exams like CAT, XAT, SNAP MAT and GMAT. The average course fee during its two year entirety ranges between INR 6,00,000 – 10,00,000. The average salary received after pursuing the course ranges between INR 9 LPA – 14 LPA across various job profiles such as Business Development Manager, Supply Chain Manager and Risk Manager.
- MBA in International Business Course Details
- Types of MBA in International Business Courses
- MBA in International Business Admission Process
3.1 Eligibility
3.2 Admission 2024
3.3 Entrance Exams
4.2 Top Distance MBA in International Business Colleges
- MBA in International Business Syllabus
- MBA in International Business Colleges in India
- MBA in International Business in Colleges Abroad
- MBA in International Business Jobs & Placements
8.1 Top Recruiters
8.2 Salary
MBA International Business: Course Highlights
| Course Duration | 2 years |
| Course Eligibility | Graduation in any relevant discipline with 50% aggregate score or equivalent CGPA (5% relaxation for SC/ST/OBC candidates) |
| Admission Process | Entrance Exams, followed by GD & PI rounds |
| Entrance Exams |
CAT, XAT, SNAP, MAT |
| Course Fees (INR) | 6,00,000 – 10,00,000 |
| Average Salary (INR) | 7.80 LPA – 15 LPA |
| Top Recruiters | Morgan Stanley, Citi, Goldman Sachs, JP Morgan and McKinsey & Co |
Check: MBA Placements
Types of MBA in International Business Courses
Due to the high demand of MBA in International Business courses, there are a varied options of the course methods that can be pursued by students as per their choice and convenience. For individuals who are working, they have the option of pursuing Executive MBA in International Business, Distance MBA in International Business or Online MBA in International Business. 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 and CMAT.
-
The fees range from INR 6,00,0000 to 10,00,000.
Part-Time(Executive MBA in IB)
- It is a 2-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 aggregate score 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 80,000 for 2 years.
- The top recruiters are Citi Bank, HDFC Bank, ICICI Bank, Amazon, Google, HSBC and IBM.
One Year MBA in IB
- This program is specially designed for 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 relevant 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 17,00,000 – 23,00,000
MBA in International Business Online
- It is a 2-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 in International Business Admission Process
Most B-Schools offer MBA in International Business 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 in International Business Eligibility Criteria
- Candidates must pursue a compulsory 3-year bachelors degree 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 in International Business Admission 2024
- 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 and CMAT
- 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 in International Business Entrance Exams
| Exam Name | Registration Date | Exam Date | Result Date |
|---|---|---|---|
| CAT | August 2, 2023 (10 AM) – September 20, 2023 (5 PM) | November 26, 2023 | 2nd week of January 2024 |
| GMAT | Throughout the year | Throughout the year | Depending on the Exam |
| MAT |
PBT Mode: To be Announced CBT 1 Mode: September 12, 2023 (Last Date) |
PBT Mode: To be Announced CBT 1 Mode: September 17, 2023 |
To be Announced |
| NMAT | August 1, 2023 – October 10, 2023 | October 10, 2023 – December 19, 2023 | Within 48 hours of exam delivery |
| SNAP | August 23, 2023 – November 23, 2023 | December 10, 2023 December 17, 2023 December 22, 2023 |
January 10, 2024 |
| XAT | July 15, 2023 – November 30, 2023 | January 7, 2024 | January 2024 |
MBA in International Business Distance Education
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 2024
- Distance MBA in International Business Admission 2024 is done on the basis of entrance exams such as XAT, MAH CET, CAT and others.
- The eligibility criteria for Distance MBA in International Business 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.
-
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 in International Business Top Distance Education Colleges
MBA in International Business 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 in International Business Syllabus
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. Read: MBA in International Business Syllabus
| 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 | - |
Top MBA in International Business Colleges 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 and Kolkata.
Top Colleges in Mumbai
| Colleges | Average Course Fees |
|---|---|
| KJ Somaiya Institute of Management | INR 7,81,785 |
| Amity University | INR 5,00,000 |
| 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 | Average Course Fees |
|---|---|
| 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 in International Business 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 in International Business 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 | Average Course Fees |
|---|---|
| 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 |
MBA in International Business Abroad
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. Read: MBA in International Business Abroad
Top Colleges in US
| Colleges | Average Course Fees |
|---|---|
| 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 |
Top Colleges in UK
| Colleges | Average Course Fees |
|---|---|
| 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 | Average Course Fees |
|---|---|
| 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 | Average Course Fees |
|---|---|
| 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 |
MBA in International Business 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. Also Check: MBA in International Business Jobs
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.
-
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 in International Business: 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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