MBA in International Business: Course Details, Eligibility, Admission, Fees
MBA in International Business or MBA IB is a two-year postgraduate management degree that deals with the nuances of international finance, e-commerce, and trade policy. MBA IB admission is based on qualifying entrance exams such as CAT, MAT, XAT, etc. with required cut-off marks or by securing atleast 50% aggregate marks in the bachelor's degree from any recognised university. The MBA in International Business course fees range between INR 25,000 - 8 LPA.
Graduates have ample job opportunities in the public and private sectors in various job roles such as Business Development Manager, Business Development Manager, Supply Chain Manager, Global Project Manager, Regulatory Affairs Manager, etc. The average MBA International Business salary ranges from INR 3 LPA to INR 6 LPA.
Table of Contents
- What is MBA in International Business?
- MBA in International Business Eligibility Criteria
- Why Choose an MBA International Business Course?
- MBA International Business Admission Process
- Popular MBA International Business Entrance Exams
- MBA International Business Cutoff
- Top MBA in International Business Colleges in India
- Types of MBA in International Business Courses
- MBA in International Business vs MBA in Foreign Trade
- Courses After MBA in International Business
- Salary of an MBA International Business Graduate
- Career Options After MBA in International Business
- Skills That Make You The Best International Business Manager
MBA in International Business Course Details
| Degree | Masters |
| Full Form | Master of Business Administration in International Business |
| Duration | 2 Years |
| Age | No specific age limit |
| Entrance Exam | CAT, XAT, MAT, CMAT |
| Minimum Percentage | 45-50% % academic aggregate in Bachelor’s degree for General Candidates, Reserved Candidates can get 5% relaxation. |
| Average Fees | ₹50K - 30 LPA |
| Average Salary | INR 3-6 LPA (Source: Payscale) |
| Employment Roles | Business Development Manager, Supply Chain Manager, Global Project Manager, Regulatory Affairs Manager, etc. |
What is MBA in International Business?
MBA IB full form stands for Master of Business Administration in International Business, a post-graduation course that aims to build a fundamental understanding of international business & trade along with evolving international business scenarios and international trade laws & public policy. The MBA International Business course duration is two years and falls under the umbrella of MBA courses.
The curriculum of MBA IB is industry-relevant and intended to introduce students to subjects based on foreign trade and global business operations, enriching the scope of MBA in International Business significantly in International Consultancy Firms, Global Shipping Companies, and Import and Export enterprises.
MBA in International Business Eligibility Criteria
The course is open to anyone who meets the basic MBA in International Business eligibility requirements. However, it is a mandatory component to meet the desired criteria for admission into MBA in International Business courses. Some of the criteria for the MBA in International Business course are mentioned below:
- Candidates are expected to secure 50% aggregate in any undergraduate course from a recognized university, whereas, reserved candidates such as SC, ST, and OBC can get 5% relaxation. The selection process also includes scores obtained in common MBA entrance exams such as CAT, MAT, XAT, etc.
- Depending on the college a full-time work experience of 2 years is also required as an additional eligibility requirement.
- The course doesn’t have any age restrictions.
Why Choose an MBA International Business Course?
The scope of MBA in International Business in India is high and has become one of India's most favored advanced MBA courses. It has now become a core area of research offering strong career growth prospects. Let’s look at the benefits of pursuing the course:
- Comprehensive Syllabus: The coursework consists of subjects such as global strategic management, international trade policy, international marketing, etc and the syllabus is curated to provide a holistic understanding of international business.
- Practical Work: The curriculum is based on extensive practical work and includes hands-on learning through industrial visits, networking events, and project work, helping students to obtain training pragmatically.
- Demand: The demand for MBA IB graduates is high as the program equips students with managerial and leadership skills to face business challenges with a problem-solving mindset.
- Career Growth: Graduates after completing an MBA in International Business have a good prospect in terms of pursuing higher studies or acquiring job opportunities.
- Job Availability in Diverse Sectors: MBA IB graduates have substantial exposure in business based on marketing, accounting, corporate finance, consulting, and human resources.
Read More: MBA in International Business Jobs and Scope
MBA International Business Admission Process
The MBA in International Business admission process in institutions relies on the merit score and the cut of scores secured in the entrance exams. The general admission processes for top colleges providing MBA in International Business courses are given below:
- Step 1: The aspirants can apply online or offline which involves reviewing the colleges' website or visiting the admission desk of the chosen college.
- Step 2: Candidates have to appear for common MBA entrance exams after meeting the MBA International Business eligibility criteria.
- Step 3: The applicants are shortlisted based on their merit or the score obtained in the entrance exams.
- Step 4: The candidates have to appear for personal interviews and group discussion rounds for final selection.
- Step 5: Students who cleared the previous process are now eligible for admission after the documentation verification process and paying the admission fees.
Also, Read on MBA Admission
Popular MBA International Business Entrance Exams
The entrance exams are conducted by various bodies and are conducted at the national such as CAT, MAT, GMAT, etc. Admission to top MBA colleges in India is based on ranking in these exams. Some of the entrance exams for the MBA in International Business are as follows:
|
MBA Entrance Exams |
Registration Date |
Accepting Colleges |
| Nov 29, 2023 - Feb 11, 2024 |
Amity University, Christ University, KJSIM |
|
|
August 2024 (Tentative) |
IIFT, Christ University, CU |
|
| February 2024- March 2024 |
Amity University, KJSIM, Christ University |
|
| August 2024- September 2024 (Tentative) |
Amity University, KJSIM |
|
| August 2024- November 2024 (Tentative) |
SIBM |
|
| July 2024- December 2024 (Tentative) |
Amity University, KJSIM, Christ University |
MBA International Business Cutoff
Top colleges providing MBA IB courses ensure that applicants have passed the necessary MBA entrance examinations with the required cut-off scores. These cut-off scores change based on college regulations. Some of the most well-known colleges and their cutoffs are given below
MBA IB CAT Cutoff 2023
Common Admission Test is widely considered to get admission in MBA IB colleges. Some of the top colleges and their expected CAT cutoff marks in 2023 are given below for the general category:
|
Name of the College |
Expected CAT Cutoff 2023 (Percentile) |
|
Chandigarh University |
88+ |
|
IIFT Delhi |
52.75+ |
|
Birla Institute of Management Technology |
72.5+ |
|
Amity University, Noida |
85+ |
|
Christ University |
70+ |
MBA IB MAT Cutoff 2023
The MAT entrance exam allows candidates to get admission to a variety of colleges providing an MBA in International Business. MAT is held in September and is considered a lower-level exam when compared to CAT. Some of the colleges that are considering MAT for MBA Internation Business are listed below along with their expected cutoff marks in 2023 for the general category:
|
Name of the College |
Expected CAT Cutoff 2023 (Percentile) |
|
Chandigarh University |
88+ |
|
IIFT Delhi |
52.75+ |
|
Birla Institute of Management Technology |
72.5+ |
|
Amity University, Noida |
85+ |
|
Christ University |
70+ |
Top MBA in International Business Colleges in India
The average MBA in International Business fees range between INR 25,000 to 8 LPA. The course fees of government-based colleges are less compared to private colleges and structured under the consideration of several elements such as academic structure, affiliation program, additional skill-development certifications, etc. The average MBA in International Business fees at private college ranges between INR 75,000-11 LPA
The average MBA in International Business fees at government college ranges between INR 25,000-2.50 LPA. A detailed view of MBA IB fees is given below of top colleges providing the course according to NIRF rankings 2023:
|
Colleges |
Tuition Fees |
Admission Fees |
Miscellaneous Fees |
|
INR 70,000 PA |
INR 10,000 |
INR 30,000 |
|
|
INR 1 LPA |
INR 50,000 |
INR 70,000 |
|
|
INR 7 LPA |
INR 10,000 |
INR 3,00,000 |
|
|
INR 5 LPA |
INR 50,000 |
INR 1,00,000 |
|
|
INR 1.4 LPA |
INR 50,000 |
INR 50,000 |
|
|
INR 25,000 PA |
INR 2,000 |
INR 4,500 PA |
|
|
INR 23,500 PA |
INR 1,000 | INR 19,700 PA | |
|
INR 2.5 LPA |
- | INR 1,500 PA | |
|
INR 26,000 PA |
INR 1,000 | INR 6,175 PA | |
|
INR 1.5 LPA |
INR 500 | INR 1,700 PA | |
|
INR 24,000 PA |
INR 2,000 | INR 1,000 PA | |
|
INR 8.30 LPA |
INR 12,000 | INR 5,500 PA | |
|
INR 11 LPA |
INR 20,000 | INR 15,000 PA | |
|
INR 75,000 PA |
INR 1,000 | - | |
|
INR 5.30 LPA |
INR 1,000 | INR 7,800 PA | |
|
INR 2.15 LPA |
INR 15,000 | INR 8,000 PA | |
|
INR 1.45 LPA |
INR 90,000 | INR 10,000 PA | |
|
INR 1.08 LPA |
INR 1,000 | INR 6,500 PA | |
|
INR 7.5 LPA |
INR 25,000 | INR 5,000 PA |
Read More: Top MBA in International Business Colleges in India
City-Wise Top MBA in International Business Colleges
|
Top Cities |
Average Fees |
| INR 8.5 LPA | |
| INR 6 LPA | |
| INR 7.55 LPA | |
| INR 5 LPA | |
| INR 6.5 LPA | |
| INR 2.7 LPA | |
| INR 9.3 LPA | |
| INR 8.6 LPA | |
| INR 7.9 LPA | |
| INR 4 LPA |
Types of MBA in International Business Courses
The different modes available under MBA in International Business courses are structured distinctively. Following are the MBA International Business course details for different types:
|
Types |
Eligibility |
Duration |
|
Full-Time |
Bachelor's degree with 50% aggregate+ Entrance Exam Score and Qualifying GD/WAT/PI rounds. |
2 Years |
|
Part-Time |
50-60% marks for general category students and 45-50% marks for reserved category students in a bachelor's degree |
2 Years |
|
One-Year |
Bachelor's degree with 50-60% +1-2 Years of Work Experience |
2-3 Years |
|
Online |
Bachelor's degree with 50-60% + 1-3 Years of Work Experience |
2-3 Years |
|
Distance |
50% marks for general category students and 45% marks for reserved category students in postgraduate diploma/bachelor's degree |
2 Years |
Part-Time MBA in International Business
The part-time mode ensures that students are equipped with all the necessary skills to obtain top career opportunities and is also considered as an executive course. Some key information regarding part-time MBA International Business is provided below:
- The part-time MBA IB course fees range between INR 50,000 - 8.3 LPA.
- The mode is also considered as the executive course.
- The course duration is 2-3 years.
- Candidates may have to appear for certain assessments conducted by the college authority for admission to the part-time course.
- Top institutions such as IIFT, GEMS B School, and IIEIM, provide part-time MBA in International business courses.
One Year MBA in International Business
The one-year MBA in IB is suitable for working professionals who are willing to acquire special knowledge of international business. Some of the pointers regarding the one-year MBA IB course are as follows:
- Aspirants are required with significant work experience
- Candidates have to appear for MBA entrance exams such as CAT, MAT, XAT, etc.
- Candidates can obtain potential career opportunities in the top positions of the business or firm they will be working in.
- Top institutions such as ISB and SP Jain are known for providing one-year MBA in International Business courses.
Online MBA in International Business
Colleges offering MBA International Business through online mode are based on online study materials and live and recorded lectures. Some of the important points of the online MBA in International Business are as follows.
- The course module includes online classroom sessions and webinars.
- The course is ideal for students who are unable to pursue full-time mode since they can complete it at their convenience.
- The MBA course duration for this mode is 2-3 years.
- Top institutions such as IIM Kozhikode, DY Patil, and Manipal University provide online courses for MBA in International Business
Distance MBA in International Business
Candidates who are willing to pursue the course remotely can enroll in distance education mode. The course may be beneficial for working professionals and also demands 2-3-year work experience for admission. The following are some of the key pointers for MBA IB distance education.
- Candidates have to appear for certain entrance exams such as OPENMAT, MAH CET, CAT, XAT, etc. to acquire admission to the MBA IB distance learning program.
- The course fees for distance mode range between INR 30,000 to 1.6 LPA.
- The course duration for MBA IB distance education is 2-3 years.
- Top colleges such as IGNOU, SCDL, and IMTS provide distance education for MBA in International Business.
MBA in International Business Syllabus and Subjects
The MBA in International Business syllabus in the first year includes topics like international marketing, finance, cross-cultural management, etc. The second-year syllabus includes advanced topics like currency risk management, trade policy and negotiation, international capital budgeting, etc. A detailed view of core MBA International Business subjects is given below:
|
MBA IB Subjects |
Topics Covered |
|
International Marketing |
The Concept of Marketing, Product Management, Distribution channels, International Marketing Decisions, Promotion |
|
Export and Import Management |
International Trade, Starting an Export Organization, Export Documentation, Export Finance, Import Procedure |
|
International Finance |
Development in International Banking, International Payment Instruments, International Financial Centers, Risk Management |
|
Trade Policies |
Recent Trends in World Trade. Elements of export contract, Global sourcing, Import formalities for EOUs |
|
E-Business |
E-Business concepts and Critical factors for success, Data resource management, AI Applications in Business |
|
E-Commerce |
Clicks and bricks in E-Commerce, Support Systems-Neural Networks, Datamining |
Read More: MBA in International Business Syllabus and Subjects
MBA in International Business vs MBA in Foreign Trade
MBA International Business is a two-year postgraduate program covering important areas of international relations for effective business management. On the other hand, the MBA in Foreign Trade course encompasses knowledge of exchanging products or services between two business units among different countries along with trade policies, laws, and economic transactions.
The table below showcases the key differences between MBA in International Business and MBA in Foreign Trade:
|
Course |
MBA in International Business |
MBA in Foreign Trade |
|
Full Form |
Master of Business in International Business |
Master of Business in Foreign Trade |
|
Stream |
Management |
Management |
|
Course Duration |
2 Years |
2 Years |
|
Eligibility |
Minimum 50% or equivalent in Undergraduate degree from a recognized board |
Minimum 50% or equivalent in Bachelor's degree from a recognized board |
|
Entrance Exams |
CAT, GMAT, MAT, IIFT, etc |
MAT, GMAT, CAT, XAT, SNAP |
|
Top Colleges |
IIFT-New Delhi, IMI-New Delhi, Alliance University-Bangalore, etc |
XIM, BIMT, Christ University, MICA |
|
Fees |
INR 25,000 to 8 LPA |
INR 4-20 LPA |
|
Average Salary |
INR 3-6 LPA (Source: Payscale) |
INR 5 - 10 LPA (Source: Payscale) |
|
Skills Acquired |
Global Supply Chain Management, Global Business Negotiation, Global Market Entry Evaluation, etc. |
Trade Documentation, Trade Dispute Resolution, Foreign Exchange Management, etc. |
Read More: MBA in Foreign Trade
Courses After MBA in International Business
The MBA in International Business Management equips students with knowledge for pursuing higher education. Students can pursue higher degrees in business management or go for international business certification courses. Some of the courses students can pursue after the MBA IB are as follows:
- Ph.D. in International Business
- Ph.D. in Business Management
- SAP Course
Salary of an MBA International Business Graduate
The career scope for MBA in IB graduates is extensive with lucrative opportunities. The salary can differ based on experience, skills, and knowledge. An entry-level MBA in International Business salary in India for a graduate with less than one year of experience can expect to earn an average salary of INR 3-5 LPA.
An early career MBA in International Business graduate with 1-4 years of experience earns an average total compensation of INR 4-6 LPA. Some of the job profiles available after graduation are given below along with the average compensation package.
|
Job Designations |
Average Salary |
|
Global Business Manager |
INR 5 - 50 LPA |
|
Campaign Manager |
INR 3 - 16 LPA |
|
Export Manager |
INR 2.5 - 18 LPA |
|
International Finance Manager |
INR 3 - 20 LPA |
|
Business Consultant |
INR 3 -12 LPA |
[Source: AmbitionBox]
Read More: MBA in International Business Salary
Career Options After MBA in International Business
In the era of globalization and FDI, the demand for MBA in International Business jobs in India is substantial. The career opportunities are vast in primary, secondary, and tertiary sectors. Some job profiles that students can acquire after MBA IB are as follows:
|
Job Designation |
Description |
|
Global Business Manager |
Create profit-maximizing strategies for overseas markets. |
|
Campaign Manager |
Develop and execute marketing campaigns for consumer-oriented items, services, or events |
|
Export Manager |
Manage worldwide business operations such as sales, shipping, and compliance. |
|
International Finance Manager |
Examine the annual budget process, financial reports, and statements |
|
Business Consultant |
Organising and carrying out specified business projects on behalf of clients in accordance with their requirements |
Top Recruiters for MBA in IB
Graduates can acquire career opportunities in several industries based on IT, Manufacturing services, consultancy, etc. Some of the top companies hiring graduates with MBA in IB are given below:
|
Top Recruiters |
Average Salary |
|
Amazon |
INR 12 - 22 LPA |
|
Accenture |
INR 8 - 15 LPA |
|
Deloitte |
INR 10 - 30 LPA |
|
JP Morgan |
INR 9 - 18 LPA |
|
Goldman Sachs |
INR 10 - 25 LPA |
|
Cisco Systems |
INR 6 - 15 LPA |
[Source: AmbitionBox]
Skills That Make You The Best International Business Manager
Students pursuing an MBA in IB are required to possess some amount of soft and hard skills for acquiring better course outcomes. These skills will help them to establish career excellence. Some of the required skills are given below in greater detail:
- Cross-Cultural Communication Skills: Graduates will be working in a global environment and they will be required to communicate with professionals from different backgrounds. Cross-cultural communication builds trust and makes collaboration easier.
- Networking Abilities: It is significant because it promotes the sharing of perspectives and best practices, as well as the development of professional relationships.
- Collaboration Skills: It enhances productivity and efficiency in the workplace and helps to manage effective communication among team members to face challenges with a problem-solving mindset.
- Adaptive Thinking: Adaptive minds flourish in a constantly changing environment, making them well-suited to international business success. An individual with adaptive thinking can take rational decisions quickly and implement them effectively.
- Emotional intelligence: A high EQ assists students in developing relevant connections, reducing team pressure, defusing conflict, and increasing adequate job satisfaction.
Top MBA in International Business Colleges
Top Management Entrance Exams
Exam Date: May 19, 2024
MBA in International Business Fee Structure
FAQs on MBA in International Business
Q: What job roles are available after MBA in International Business?
A: MBA International Business graduates can access a wide range of job opportunities in international companies, entering roles like international business developer, international marketing manager, foreign policy advisor, international finance manager, and import or export consultant.
Q: What is the average salary of an MBA International Business graduate?
A: The average salary of an MBA International Business graduate is around INR 3 - 6 LPA.
Q: What are the average fees for an MBA in International Business?
A: The average fees for an MBA International Business course are around INR 25,000 to 8 LPA.
Q: Does MBA in international business require maths?
A: Yes, you need some basic maths knowledge for doing accounts. Because in the first year, you will get some Financial Accounting, Quantitative Techniques, Application Statistics subjects, etc.
Q: What do you study in MBA International Business?
A: An international business major program challenges students to adapt business concepts to other countries' financial, sociopolitical, legal, and economic systems. With a broad selection of coursework, international business majors will be able to choose a specialty.
