MBA in International Business: Top MBA Colleges, Career, Courses, Fee

Update on
June 2, 2020

With the world getting narrower day by day and economic inter-dependence among the countries increasing, the demand for MBA in International Business is also rising. Because of growing Corporate and Industry demand, MBA in International Business has become one of the most preferred specialized MBA courses in India. It has now become a key area of study that offers high career growth prospects.

 

MBA in International Business combines key aspects of global competition, simplifying the complexities of international business management, cooperation, getting higher market share and maximizing the profit not only through export and import but also through managing international financial services, global consultancy, marketing, making best use of international logistics & supply chain, international retail marketing, international laws on customs, tariffs, duties among others.

 

Many top MBA colleges in India are offering MBA International Business Management with high domestic and international placements. Indian Institute of Foreign Trade (IIFT), Symbiosis Institute of International Business (SIIB) Pune offer MBA in International Business as their flagship program, while MDI Gurgaon, K J Somaiya Institute of Management Studies & Research Mumbai, BIMTECH Great Noida also offer MBA in International Business (MBA-IB) as their 2 years full time management program.

 

Different Types of Programs on MBA in International Business in India
We can classify the MBA in IB programs into following 3 different categories, as below:

  1. 2-Year Full Time MBA in International Business or MBA Equivalent PGDM in International Business by top B-Schools and Universities, as offered by IIFT and MDI Gurgaon  
  2. 1-Year Full Time MBA International Business or Post Graduate Certificate Program in International Business by top B-schools, as offered by IIM Calcutta
  3. MBA Specialization in International Business offered within 2-year full time General MBA/PGDM Program like IIM Ahmedabad, IIM Lucknow, FMS Delhi

So, which is the right program for you, what is the fee for each of these programs? Read this MBAUniverse.com article to find out all the answers. Each of these types is discussed in detail below:

 

Top MBA International Business Programs
If you are looking for top MBA Colleges for International Business in India, below are the top management institutes:

MBA College

Title & Type of MBA in IB Program

MBA IB Program Fees (Rs. in lakhs)

Indian Institute of Foreign Trade (IIFT) Delhi/Kolkata

MBA International Business; On campus 2 years full time program

17.25

MDI Gurgaon

PGP International Management; On campus 2 years full time program

24.53

IIM Calcutta

CEMS Masters in International Management (CEMS-MIM); On campus 1 year full time program

--

IIM Lucknow

International Program in Management for Executives (IPMX); On campus 1 year full time program

23.50

Symbiosis Institute of International Business (SIIB) Pune

MBA (International Business); On campus 2 years full time

15.77

K J Somaiya Institute of Management Studies & Research, Mumbai

MBA (International Business); On campus 2 years full time

14.93

FORE School of Management, New Delhi

PGDM - International Business; On campus 2 years full time

14.98

BIMTECH Greater Noida

PGDM - International Business; On campus 2 years full time

11.50

Let us know about each type of institutes offering MBA in International Business with the program name, duration, fee.

 

1. Two-year Full-time on campus Specialized MBA or MBA equivalent PGDM in International Business by top B-schools and Universities
To cater to the rising demand of MBA International Business, number of top University MBA Colleges and private PGDM colleges are offering specialized MBA/PGDM in International Business on the lines of their flagship MBA program. Some of the top MBA colleges offering 2 year full time specialized MBA (IB) are given below with the details of program fee

Universities & B-schools offering MBA/PGDM in Business Analytics

Programme Name

Duration & Mode

Fee (Rs.in Lakhs)

Indian Institute of Foreign Trade (IIFT), Delhi & Kolkata

MBA International Business

On Campus; 2 years full time  

17.25

Symbiosis Institute of International Business (SIIB) Pune

MBA in International Business

On campus;2 years full time

15.77

Management Development Institute (MDI) Gurgaon

PGDM International Management

On campus; 2 years full time

24.53

K J Somaiya Institute of Management Studies & Research, Mumbai

MBA International Business

On campus; 2 years full time

14.93

FORE School of Management, New Delhi

PGDM International Business

On campus; 2 years full time

14.98

BIMTECH Greater Noida

PGDM International Business

On campus; 2 years full time

11.50

Gitam School of International Business, Visakhapatnam - Gitam Deemed to be University

MBA in International Business

On campus; 2 years full time

 

 8.50

2. 1-year Full-time Specialized MBA or Post Graduate Certificate Program in International Business by top B-schools 
Brief details of the programme offered by some of top MBA colleges, including IIM Calcutta, Welingkar, are shared below:

Name of the Institute

Programme Name

Duration & Mode

Fee (Rs.in Lakhs)

IIM Lucknow

International Program in Management for Executives (IPMX)

On Campus; 1 Year MBA

23.50

Indian Institute of Management (IIM) Calcutta

CEMS Masters in International Management (CEMS-MIM)

On Campus; 1 Year MBA

--

Welingkar Institute of Management Development and Research (WeSchool), Mumbai

Post Graduate Program in Foreign Trade Management (PGP- FTM)

On Campus; 1 Year program

 0.94

3. MBA Specialization in International Business offered within 2-year Full-time General MBA/PGDM Program
Many top MBA colleges offer International Business as one of the major specializations within their 2 year full time MBA programmes.

Name of the Institute

Programme Name

Duration & Mode

Fees (Rs. in lakhs)

FMS Delhi

MBA with specialization in International Business

2 Years Full Time; On Campus

1.92

MDI Gurgaon

Post Graduate Programme in Management (PGPM) with Specialization in International Business

2 Years Full Time; On Campus

20.87

Christ University Bengaluru

MBA with Specialization in International Business

2 Years Full Time; On Campus

 7.85

Institute of Management, Nirma University, Ahmedabad

MBA with Specialization in International Business

2 Years Full time; On campus

13.12

MBA International Business Admissions
The eligibility criteria for MBA International Business Admissions have two important aspects:

  • Bachelor’s Degree with minimum 50 or 60 percent marks
  • Registering and taking the MBA entrance exam – CAT/GMAT/XAT/SNAP or as required by the institute and scoring well to get shortlisted for admission

Careers in International Business
Lucrative placement opportunities are available to build your careers in International Business management programs, if you complete your MBA International Business from one of the good MBA colleges.

 

Types of companies that recruit MBAs in International Business:

 

A) For Domestic Job Profiles

It is a myth that only International Job profiles are offered to MBA in International Business. Since MBA IB covers all core courses of MBA like Marketing, Finance and HR, they are offered regular MBA Jobs, same as a typical B-school. For instance, at IIFT, the MBA International Business students are offered roles in Sales & Marketing, IT/ITES, Finance, Strategy & Consulting by domestic companies like HUL, AXIS Bank, ICICI Bank, TCS, WIPRO among others. See tables below.

 

B) For International Job Profiles:
Some International Job profiles are also offered to MBA IB. These are cases when a company is specifically looking to post MBAs in international locations.

  • Top Indian Conglomerates like TATAs, Mahindra Group, Aditya Birla Group that have global footprints, and are looking for managers to manage overseas operations and subsidiaries.
  • Global Companies & MNCs who recruit Indian MBAs for their domestic and international operations. Some of these candidates are later promoted to international locations.
  • Export and Trading Houses in India who deal in International Trade.

MBA in International Business at IIFT bag diverse profiles: Domestic & International Roles

Domain

Recruiters

Profiles  offered

Sales & Marketing

HUL, Rivigo, Enhance Group, Tata Global Beverages, Bata, Fermenta Biotech, Field Fresh Foods, GE CLP,  ITC, GILAC, Marico, ABFRL, Britannia, Bajaj Auto, Maruti Suzuki, Royal Enfield, Tata Motors, Tata Steel,  Flipkart, Swiggy, OYO, Games 24*7, Google, Hexaware, Infoedge, Value Labs.

Business Analyst, Campaign Manager, Category Manager, Digital Marketing, Marketing Manager, Product Manager, Sales Manager

Finance

DE Shaw, Epik InDiFi, Homecredit, Rivigo, Syngenta, Tresvista, Goldman Sachs, JPMC, Axis Bank, HSBC, ICICI Bank, Yes Bank, GE, L&T, Piramal Finance, Synergy Consulting, CRISIL, Citibank, IVP,  Amazon, Genpact, Sammunati Finance, Tata Motors 

Roles in Investment banking, Risk management, corporate treasury and consumer banking, FMP

IT/ITES

EXL, Capgemini, Indigene, TCS, Wipro, Amazon, Brillio, Google, Hexaware 

Variety of roles offered

Strategy & Consulting

Roland Berger, BCN, Brillio, CBC, Droom, GeP, i3 Consulting, IMC, GPL, Deloitte GRID, PayTM, GoMMT, OYO, Optum, EXL  

Management consulting,  Financial consulting, Operational excellence, Strategy, Product management 

General Management

Mahindra & Mahindra, Airtel, RPG,  Click Labs, Polycab

GMC, more Gen Management roles and New types of roles offered

Trade & Operations

Export Trading Group, Aegis Resources, CIMAF, ADM, Olam International, LDC and Trafigura, Freight Tiger, Genpact, Rivigo, Seashell Logistics, Maersk Line, Amazon

International roles were off­ered in Africa, South America and Middle East.

Trade domain witnessed international off­ers with the compensation of $150,000. Roles in Operations & Supply Chain were offered by top recruiters 

For MBAs interested in building on their MBA learnings, some of the entry level specialized roles in International Business are:

  • Manager - International Business
  • Manager - International Finance
  • Manager - International Operations
  • Manager - Export & Imports
  • Manager - International Logistics
  • Manager - International Trade

Placement Trends in MBA in International Business programs in India
IIFT, SIIB and others have recorded rising placement trends in the MBA (IB) programs.

Institute & Program

Average Placement 2020

(Rs. in Lakhs)

Highest Salary in Placement 2020 (Rs. in Lakhs

Indian Institute of Foreign Trade (IIFT), Delhi & Kolkata: MBA International Business

20.48

75

Symbiosis Institute of International Business (SIIB) Pune: MBA International Business

10.78 (Domestic)

62.85 (International)

17 (Domestic)

62.85 (International)

Management Development Institute (MDI) Gurgaon: PGP International Management

20.05

40.50

K J Somaiya Institute of Management Studies & Research, Mumbai: MBA International Business

10.08

28.50

MBA International Business Specialization: Courses & Syllabus
The MBA International Business courses for 1st year students are similar to other MBA programmes. They are exposed to basic concepts in the areas of Marketing, Accounting, Finance, Organization Design, Human Resources Management, Decision Sciences, and Operations Management through Core courses. It is the second year in which the MBA in International Business courses and syllabus get different. Following are the key topics covered in the courses and electives of MBA in International Business Syllabus:

 

MBA in International Business Courses, Electives, Syllabus:

Fundamentals of International Management

Cross Culture Management

India,Global Trade & WTO

International Business Strategy

International Economics

International Financial Management

International Marketing Management

International Trade Logistics

International Trade Operations & Export Import Documentation

IT Application

Legal Aspects of Business

Management of Global Sourcing

Port Visit

Supply Chain Management

Trade Analytics

Financial Risk Management

Project Appraisal and Finance

Financing of International Trade

International Contract Management

International Business Negotiation

Strategy in Emerging Markets

Strategy Execution and tools

Online Business & e- Commerce

Green Strategy for Global Operations and Logistics

Management of Shipping Services

Sectoral Strategies for International Business

Managing Global Compliance in Exports

Customs & Excise Management

Agri- Commodity Trading (ACT)

    hich MBA International Business Specialization is Best for You? Decide before Joining
    The MBA programs in International Management range from being standalone to part-of-regular MBA program, from full-time to part-time and many other options.

     

    While all 2-year Full-Time Regular MBA programs offer this specialization in second year of their program, there are a few top Institutes offering Specialized MBA in IB right from the day one.

     

    If you pursue General MBA in top B-schools, you can choose your specialization in the end of first year but if you are taking admission in the specialized MBA program, you pursue your specialization on the day one of the first year. So, before entering the MBA program, you should give a thought to the idea whether you wish to choose your specialization after one year of study or want to pursue MBA in IB without leaving scope for change. 

     

    If you are passionate and clear about making a career in MBA in International Business, you can go for full time MBA in IB specialization and join the specialized program right from beginning. Please note that top B-schools like IIFT, MDI, SIIB conduct separate GD-PI-WAT for admission to MBA/PGP International Business programs.   

     

    If you have less time and wish to complete your MBA in International Business faster, you can join one year full time MBA in IB offered by IIM Lucknow or CEMS-MIM offered by IIM Calcutta or other reputed  B-schools. But if you are a working professional and cannot join a regular program, you can opt for part time or online MBA International Business specialized program.

     

    This completes our article on MBA in International Business. We hope you found this article helpful. Check out more Specialized MBA Programs to help you decide the right program for you: