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

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Updated on
October 3, 2023

MBA in International Business: Key Highlights, Top Colleges, Types and Modes of Program, Cut off, Fee, Placements, Admission Process

 

Latest Updates: 

  • IIFT completed strong Placements 2023 for MBA (IB) 2021-23 Batch with Average Salary of Rs.29.60 LPA and Highest Salary of Rs.75.60 LPA; Application for Admission 2024 Opening Soon
  • MDI Gurgaon PGDM-IB Placements 2023 registered 100% placements with Average Salary at Rs.27.67 LPA and highest salary of Rs.60 LPA
  • FORE School of Management Delhi completed strong placements 2023 for its PGDM-IB programme at average salary of Rs.14.50 LPA and highest salary of Rs.30 LPA

MBA in International Business is one of the most sought after MBA programs in India. Global MNCs and Indian MNCs like TATAs, BIRLAs, Mahindras, and IT Companies like Infosys are seeking MBA in International Business graduates who understand international business and markets well. MBA in International Business is one of the most preferred MBA courses which provides expertise and management skills in Exports, Imports, Logistics, international law and regulations, Internal Banking and Financial Management, investment, IT & Operations and other areas. Because of growing industry demand, MBA in International Business in India has become one of the most preferred specialized MBA courses. IIFT Delhi & Kolkata, MDI Gurgaon, FORE School of Management, BIMTECH and many other leading B-schools are offering MBA in International Business program.

MBA in International Business

Read the Table of Contents below to know the key highlights and importance of MBA in International Business program, Top MBA Colleges for MBA in International Business in India, MBA International Business Eligibility, MBA International Business Jobs and Career Options, current MBA in International Business Salary offered and more

 

Table of Contents

1. What is MBA in International Business in India? Key Details & Scope
2. Type of MBA in International Business Programmes in India
3. Top MBA Colleges for MBA in International Business in India
4. MBA in International Business IIM offered programmes
5. MBA in International Business Best colleges in India Offering Stand Alone Programme
6. Top MBA International Business Management Colleges Offering Specialization within 2-year Full-time General MBA
7. One-year Full-time Specialized MBA or Post Graduate Certificate Program in International Business by top B-schools 
8. MBA International Business Eligibility Criteria for Admission
9. MBA International Business Admission Process
10. MBA in International Business Placements
11. MBA in International Business Scope and Career Options
12. MBA in International Business Syllabus and Courses
13. Which MBA in Finance Specialization is Best for You? Decide before Joining

1. What is MBA in International Business in India? Key Details & Scope
One of the important specialized MBA programmes is MBA in International Business, popularly known as MBA-IB. This programme grooms the students with all the required knowledge and key skills in  foreign policies, services and trade, foreign investments, export management, forex risk management, international law and regulations, logistics, how to cope with international markets. On completion of the course, an MBA-IB student gets placement package in the range of Rs.10 LPA to 75+ LPA depending upon his knowledge gained and skills learnt during the programme. Setting a Start up as an entrepreneur is also a good option for an MBA-IB student. Apart from Government and Public sector organizations, MBA-IB graduates are offered niche roles and profiles by multinational and private banks, airlines, hotel chains, large export and import houses among others.

During an MBA in International Business program, students study aspects of global competition, simplifying the complexities of international business management, managing international finance, global consultancy, international marketing, making best use of international logistics & supply chain, international laws on customs, tariffs, duties, documentation among others.

A bachelor’s degree with minimum 50% marks and good score in acceptable MBA-IB entrance exams like CAT, XAT, SNAP, NMAT are the minimum MBA International Business Eligibility criteria for admission in top MBA in International Business colleges. Candidates without or with work experience can pursue MBA-IB as two years full time programme, one year full time programme, part time programme or MBA in International Business Online programme. 

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 2. Type of MBA in International Business Programmes in India
We can classify the MBA in International Business programs into following 3 different categories, as below:

  • First Category:  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  
  • Second Category: 1-Year Full Time MBA in International Business or Post Graduate Certificate Program in International Business by top B-schools, as offered by IIM Calcutta
  • Third Category: MBA Specialization in International Business offered within 2-year full time General MBA/PGDM Program like IIM Ahmedabad, IIM Lucknow, FMS Delhi

Each of these types of MBA in International Business Programmes is discussed in detail below:

 

3. Top MBA Colleges for MBA in International Business in India
Many top MBA colleges in India offer MBA in 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, BIMTECH Great Noida also offer MBA in International Business (MBA-IB) as their 2 years full time management program. Below are listed the top management institutes offering MBA International Business programme:

MBA College
Title & Type of MBA in IB Program
MBA in International Business Fees
Indian Institute of Foreign Trade (IIFT) Delhi/Kolkata
MBA in International Business; On campus 2 years full time program
Rs. 21.77 lakhs
MDI Gurgaon
PGDM International Business; On campus 2 years full time program
Rs.28.16 lakhs Apply Now
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
Rs.26.10 lakhs
Symbiosis Institute of International Business (SIIB) Pune
MBA (International Business); On campus 2 years full time
Rs.19.86 lakhs
FORE School of Management, New Delhi
PGDM - International Business; On campus 2 years full time
Rs.18.27 lakhs
BIMTECH Greater Noida
PGDM - International Business; On campus 2 years full time
Rs.14.00 lakhs Apply Now

4. MBA in International Business IIM offered programmes
MBA in International Business IIM offered programmes are not many. Except a few out of 21 IIMs offer MBA International Business specialized MBA programme. Below are shared the details of MBA in International Business IIM Programmes: 

IIMs offering MBA in International Business
Programme Name
Duration & Mode
IIM Lucknow
International Program in Management for Executives (IPMX)
On campus 1 year full time program
IIM Calcutta
CEMS Masters in International Management (CEMS-MIM)
On campus 1 year full time program

5. MBA in International Business Best colleges in India Offering Stand Alone Programme
To cater to the rising demand of MBA in 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 on campus Specialized MBA or MBA equivalent PGDM in International Business by top B-schools and Universities are:

MBA in International Business best colleges in India
Programme Name
Duration & Mode
MBA in International Business Fees (Rs.in lakhs)
Indian Institute of Foreign Trade (IIFT), Delhi & Kolkata
MBA International Business
On Campus; 2 years full time  
21.77
Symbiosis Institute of International Business (SIIB) Pune
MBA in International Business
On campus;2 years full time
19.86
Management Development Institute (MDI) Gurgaon
PGDM International Management
On campus; 2 years full time
28.16 Apply Now
FORE School of Management, New Delhi
PGDM International Business
On campus; 2 years full time
18.27
BIMTECH Greater Noida
PGDM International Business
On campus; 2 years full time
14.00 Apply Now

6. Top MBA International Business Management Colleges Offering Specialization within 2-year Full-time General MBA
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 Diploma in Management (PGDM) with Specialization in International Business
2 Years Full Time; On Campus
24.17 Apply Now
Christ University Bengaluru
Bannerghatta Road Campus
MBA with Specialization in International Business
2 Years Full Time; On Campus
 10 lakhs
Institute of Management, Nirma University, Ahmedabad
MBA with Specialization in International Business
2 Years Full time; On campus
15 lakhs

7. One-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
26.10
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

8. MBA International Business Eligibility Criteria for Admission

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

9. MBA International Business Admission Process
MBA in International Business Admission process is done like other MBA courses. The top MBA in International Business colleges shortlist the applicants based on different MBA Finance Entrance Exams. The step wise MBA International business admission process is as below:

  • Check your eligibility. Minimum 50% marks in graduation required
  • Apply and appear in the MBA International Business Entrance Exams acceptable to the institute. For example-IIFT, IIM Lucknow, MDI Gurgaon accept CAT, SIIB Pune accepts SNAP, NMIMS accepts only NMAT, FORE accepts CAT and XAT score.
  • Check How to Prepare for MBA International Business Entrance Exams
  • MBA International Business cut offs for admission are lower that for flagship MBA program and offers same level of learning experience followed by good placements
  • Appear in the final selection round, if shortlisted for interview
  • Pay Fee for the MBA Finance Course

10. MBA in International Business Placements 2023
IIFT, SIIB and others have recorded rising placements 2023 in the MBA (IB) programs.

Institute & Program
Average Placement 2023 (Rs. in Lakhs)
Highest Salary in Placement 2023 (Rs. in Lakhs
Indian Institute of Foreign Trade (IIFT), Delhi & Kolkata: MBA International Business
29.60 LPA
75.60 LPA
Symbiosis Institute of International Business (SIIB) Pune: MBA International Business
Domestic: 13.12 LPA
International: 71 LPA
Domestic: 39 LPA
International: 82 LPA
Management Development Institute (MDI) Gurgaon: PGP International Management
27.67 LPA
60.00 LPA Apply Now
FORE School of Management, Delhi
14.50 LPA
30.00 LPA
BIMTECH Greater Noida
11.00 LPA
23.43 LPA Apply Now

11. MBA in International Business Scope and Career Options
Lucrative career options are available to build your careers in International Business management programs, if you complete your MBA in International Business from one of the good MBA colleges.  

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  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

12. MBA in International Business Syllabus and Courses
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)

13. Which MBA in 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: