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

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Update on
September 4, 2021

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. 

MBA/PGDM Admissions 2022 Open | Apply Now
IIFT Admission Open for 2 Year MBA (IB) 2022-24 SPJIMR Mumbai PGDM Admissions 2022
NMIMS Mumbai MBA Admissions 2022 Great Lakes PGPM & PGDM Admissions 2022
IMT Common PGDM Admissions 2022 Open IMI New Delhi PGDM Admissions 2022 Open
FORE School of Management PGDM  Admissions GIM GOA PGDM Admissions 2022
MICA PGP (PGDM-C/PGDM) Admissions 2022 Institute of Mgmt. Nirma University MBA Admissions
MDI Murshidabad PGDM Admission 2022 BIMTECH Greater Noida PGDM Admissions
SDA Bocconi Mumbai 2 year IMB Admission 2022 LBSIM Delhi PGDM Admission 2022
SDMIMD Mysore PGDM Admission 2022 SOIL Gurgaon PGPM & PGDM Admission 2022

 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. 

MBA/PGDM Admissions 2022 Open | Apply Now
IIM Kozhikode PGP-BL 1 Year PGDM SPJIMR Mumbai PGDM Admissions 2022
IMT Common PGDM Admissions 2022 Open Great Lakes PGPM & PGDM Admissions 2022
NMIMS Mumbai MBA Admissions 2022 IMI New Delhi PGDM Admissions 2022 Open
FORE School of Management PGDM  Admissions Xavier University Bhubaneswar MBA Admissions
MICA PGP (PGDM-C/PGDM) Admissions 2022 Institute of Mgmt. Nirma University MBA Admissions
MDI Murshidabad PGDM Admission 2022 IBSAT 2021 Registration Open Register Now
SDA Bocconi Mumbai 2 year IMB Admission 2022 LBSIM Delhi PGDM Admission 2022
SIBM HYDERABAD MBA Admission 2022 SIOM Nashik MBA in Operations Management

  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: