MBA of International Business is a two-year postgraduate course designed to provide knowledge of foreign policies, Trade, Foreign Investments export Management, Forex Risk Management.Global corporations developing companies across the globe have developed an array of a competitive and diverse workforce that can run international businesses. A majority of the workforce focused on expanding businesses needs the ability to compete globally. In India being a part of a workforce has led to the popularity of an MBA to study International Business. Companies looking to grow and establish their businesses in a foreign market require individuals who are prepared to handle international situations and are familiar with the theories and concepts which can aid in the establishment of a business. In the current economic climate, MBA in International Business graduates can choose from various choices. After finishing this program, graduates will have access to many career options. Due to the growing globalization and the growing number of companies competing globally, MBA graduates from international universities are always in high demand.

Types of MBA 

Due to the popularity of MBA IB courses, different kinds of MBA IB courses have been developed focused on catering to different kinds of students. Those who work and work choose to take an Executive MBA IB, Distance MBA IB, or Online MBA IB.

Full-Time MBA with IB 

• The primary eligibility requirement is that candidates have a bachelor's degree.
• They have to score at least 50% for their degree, but this varies between colleges. Many colleges require at least 70% or higher.
• A reduction of 5% is provided to those from section SC/ ST/ PwD section.
• The applicants can apply via national level exams or take different university entrance Exams.
• The most commonly used exams accepted for MBA that are used for MBA in International Business are CAT, GMAT, XAT, SNAP CMAT, NMAT, and more.
• The costs vary between 2 and 30 LPA.

Part-Time(Executive MBA in IB) 

• It is a two-year program designed that allows students to work full-time and study to earn a degree.
• The course requires a bachelor's diploma from a recognized university with at least a grade of 50 percent.
• The exam required to get the Executive MBA in International Business like the CAT exam, The XAT, and GMAT is followed by a discussion in a group and personal interviews.
• The course cost ranges from INR 8000 to INR 1.3 lakhs over two years.
• The most sought-after recruiters include Citi Bank, HDFC Bank, ICICI Bank, Amazon, Google, HSBC, IBM, etc.

One Year of MBA IB 

• This program is specifically made for those who work as professionals.
• Students must possess a current GMAT or GRE score with enough experience.
• They must complete their studies at an accredited college or university with at least 50% of the total.
• Typically, at least five years of work experience is needed.
• The cost for this program is quite expensive and is well-known throughout the world.
• Several schools in India offer such programs, but the costs are very high.
• The Fees start at INR 20 Lakhs.

MBA IB Online 

• It is a two-year course for students who study in an online format.
• The requirements for eligibility are the same for a full-time, regularly scheduled MBA program for International Business.
• However, the cost of tuition may differ from one college to the next; however, they are generally less expensive than the normal course.

Distance MBA 

Distance MBA is learning for those who do not have the opportunity to take traditional MBA Courses. MBA Distance can be pursued by graduates as well as working professionals.

• After being approved by UGC in 2018, a number of the most prestigious management schools offer a Distance MBA course, an undergraduate, postgraduate program that lasts for two years.
• The cost of MBA Distance education programs varies between INR 30,001 up to INR 2,50,000, based on the school.
• Some colleges also have separate entrance tests to determine the eligibility of the Distance MBA courses. For instance, to get an MBA from IGNOU students, they need to pass the IGNOU OPENMAT exam.
• A minimum Distance MBA eligibility required is an official graduation certificate from an approved university. Some universities may also require previous work experience.

MBA IB Application Process 

Many B-Schools provide MBA IB admission by way of entrance tests. However, some institutions allow admission directly to students on merit or a management quota basis.

Each institute follows the steps to offer admission.

• The initial step of selection is to pass the written test.
• Candidates who pass the entrance test will be called to stage 2, which comprises Group Discussion and a Personal interview.
• The final selection is made using the score of both stages. The applicant's academic record and work experience are also considered for final selection.

 Eligibility 

• Candidates must have an undergraduate degree. It has to be a three-year course at a reputable university.
• They must have an aggregate minimum of 50% at the time of their graduation, but this varies between colleges. Many schools require at least 70% aggregate or higher.
• A 5 percent relaxation is granted to candidates from those in the SC/ ST/ PwD section.

Admission 2022 

• Candidates can apply for admission through national tests or different university entrance Exams.
• The most commonly used exams accepted for MBA for International Business are CAT, GMAT, XAT, SNAP CMAT, NMAT, CMAT, etc.
• Apart from that, some universities or colleges have their entrance exams.
• The process of admission begins with national levels or entrance tests, then a discussion in a group followed by an interview with a person
• All applicants who pass the three rounds are chosen and accepted to the school or college.

Entrance Examination 

• CAT
• MAT
• CMAT
• XAT

MBA IB Curriculum 

The MBA in International Business curriculum emphasizes the importance of export and import procedures and documentation and international trade and trade policies. It also focuses on obtaining capital from the international market and the marketplace for distribution.

MBA Subjects of the IB 

Some of the elective subjects that one can choose in their second year with their core subjects are:

MBA IB Top Colleges

1. Alliance University
2. Bharat University- Bharat Institute of Higher Education and Research
3. Indian Institute of Foreign Trade
4. Deccan School of Management
5. Symbiosis Institute of International Business

MBA IB Jobs and Placements 

According to Payscale, The average pay for an MBA in International Business professionals is about 7.91 lakhs. 7.91 LPA. The pay package could be as high as the level of INR12 LPA when you are a new graduate of well-known B-schools.

Candidates must have certain skills, like international business knowledge of the economies of various nations, a grasp of the current fashion in business, leading and managing a business. They must have a desire to be in business, outstanding communication skills, proficiency in other languages and persuasive abilities, and self-confidence.

Top Recruiters 

The top recruiters for MBA in IB are as follows: MBA IB are as follows: IB is as follows:

Job Profile

• Risk Management Director
• Corporate Auditing Director
• Real Estate Development Manager
• Marketing Sales Director
• Government Affairs Director
• Business Development Manager
• Supply Chain Management Director
• Business Analytics Manager
• Information Security Director
• Chief Executive Officer