Are you wondering about to know everything related to MBA in International Business? If yes, then this is the right place for you. As we all know MBA is one of the leading courses in today’s world. Not just MBA in International Business, but MBA in other streams is equally popular and important!
This article will guide about everything a candidate needs to know about MBA in International Business. From what is MBA in International Business to the best colleges for MBA, this article will cover it all.
WHAT IS MBA IN INTERNATIONAL BUSINESS?
MBA in International Business is a postgraduate programme of four semesters ( 2years) which helps the candidate in taking their company to an international level. In the world of globalization, MBA in International Business aims at giving a business new dimensions and makes international trade smooth. This programme focuses on export, import and other trade practices along with financial and business studies.
MBA IN INTERNATIONAL BUSINESS COLLEGES IN INDIA:
Some institutes for MBA in International Business are as follows:
IIFT – Indian Institute of Foreign Trade
This institute was established in 1963 by the government of India. This institute is a member of various organizations such as Association to Advance Collegiate Schools of Business (AACSB), Academy of International Business (AIB), European Foundation for Management Development (EFMD) and others. It is located in Delhi and is accredited by NAAC with grade ‘A’.
Eligibility– There is no as such age requirement but a bachelor’s degree in any stream is compulsory with minimum aggregate of 50%
Fees– For General category 760000 per annum
For SC/ST/PH 350000 per annum
Admission– The admission of this institute is merit based as well as entrance based. For MBA in International Business the candidates are required to qualify IIFT entrance exam. After clearing the entrance exam, the candidate must appear for a Group discussion round followed by a Personal interview.
Placement– This Institute has a separate division for placement called Corporate Relation and Placement Division (CRPD) This division creates links with various companies such as CitiBank, Flipkart, HDFC bank, Google and others.
MDI – Management Development Institute, Gurgaon
This private business school was established in 1973 by the Industrial Finance corporation of India. It is located in Gurgaon and was ranked among the top 10 institutes by NIRF in 2020. This institute provides an environment where students can learn and grow.
Eligibility– There is no as such age criteria but a candidate must have his/her graduation degree with a minimum of 50% aggregate.
Fees– 25 lakhs for four semesters
Admission– The candidate must qualify CAT/ MAT / NRI
At Least 50% aggregate or equivalent CGPA in class 10, 12 and bachelor’s degree.
At Least 1 year of work experience post qualification.
Placement– MDI Gurgaon aims at 100% placement. It provides jobs in various sectors such as strategy, marketing and sales, general management and others.
SIIB, PUNE – Symbiosis Institute of International Business
Established in 1992, Symbiosis Institute of International Business is another constituent institute of Symbiosis International University (SIU). This university aims at equipping the candidate with education and experience which will help them in representing their business on an international platform. The ownership of this college is private.
Eligibility– Students who have completed his/her undergraduate course or even the students who will be appearing in the last/final year examination can apply. They must have secured 50% of aggregate marks. There are reservations made for :
SC : 15%
ST : 7.5%
Disabled Children : 3%
Defense : 5%
Fees – 15 lakhs for four semesters.
Admission – Candidates must appear for the entrance exam SNAP ( Symbiosis National Aptitude Test) and then they shall be admitted according to their scores.
Placement – SIIB provides opportunities in sectors such as IT, Manufacturing, Agri-Input, Consulting and others.
Jaipuria Institute of Management
Jaipuria Institute of management is another constituent Institute of the Jaipuria group. Established in 1995, this institute is located in Lucknow. This institution aims at modern methods of education such as case study, industry interfaces, live projects and others. With 360 seats, the ownership of this institution is private.
Eligibility– Jaipuria Institute considers a lot of factors which act as eligibility criteria. Factors such as scores in entrance exams, personal interview, initial academic performance, case based group discussion, work experience and others.
Fees– 10.45 lakhs for four semesters
Admission– The institute accepts scores of exams – CAT, MAT, XAT, ATMA, GMAT, CMAT followed by a GDPI round of various cities.
Placement– Jaipuria Institute offers job opportunities in sectors such as E-commerce, Automobile, FMCG, Research, Consulting and others.
ASM’s Institute of Business Management and Research
Established in 1984, this private Institute is affiliated to Savitribai Phule Pune university. This institute is located in Chinchwad in Pune. It is particularly famous for it’s tie ups and collaborations with different colleges and industries. It provides courses at PG, PG Diploma and PhD level as well.
Eligibility– A candidate must be a graduate with a minimum of 50% aggregate.
Fees– 2.55 lakhs for 4 semesters
Admission– ASM institute accepts the scores of exams – CAT, CMAT, MAHMBA, CET. The shortlisted candidates are then called for a group discussion round followed by a personal interview round.
Placement– ASM institute provides job opportunities in sectors such as BFSI, IT, Digital e-commerce, Banking and others. The top companies include Yes Bank, Citi Bank, Deloitte and others.
Not just these colleges but there are many other colleges for MBA in International Business in India. Colleges such as Parul university, Christ University Bangalore, UBS Chandigarh, Institute of Management Studies, Banaras Hindu University and others.
JOB OPPORTUNITIES AFTER MBA IN INTERNATIONAL BUSINESS:
As soon as a candidate completes his/ her MBA in international business, he/ she can explore a lot of job opportunities in every field. Therefore some of the job opportunities after MBA in International Business are as follows:
A MBA graduate in international business can easily get a job in the banking as well as the finance sector. This degree in international business can help them represent their bank / sector on an international platform. Therefore some of the companies which offer jobs are RBS, JP Morgan, Goldman Sachs and others
- Management Consulting
The two years course of MBA in International business makes a candidate good at handling difficult situations as well as problem solving. Therefore another option for a MBA graduate is Management Consultant. This job focuses on solving organisational issues, bringing up fresh ideas and others. Therefore some companies offering the job of Management consultant are Deloitte, Michael page, Infosys Management Consulting, PWC and others.
Entrepreneurship is acquiring new heights in our country. The young mind is infused with innovative ideas and creative skills. Therefore MBA in International Business enriches the budding entrepreneurs and enhances their ability to think more creatively. Therefore entrepreneurship is another great opportunity.
Not just these but there are many other opportunities which one gets after completing the two year course of MBA in International Business.
MBA in International Business is considered as one of the most eminent courses in today’s time. It not only enriches the candidate with business and finance related knowledge but also about international trade and others. In India there are a lot of colleges which offer this course. Therefore, MBA in International Business is a wonderful idea for people who want to work in the corporate field or want to start something of their own.