With globalization and inter dependence of economies, the world is more like a global village today. From the economic point of view, nations have become too dependent upon each other. All this because we are these days aggressively doing business with each other. Exports as well as imports, both have risen significantly. A large share of the GDP is due to exports and imports that we do with other countries. To keep ahead of the competition, companies are hiring professionals having a good knowledge of the international market. An MBA in international business thus comes very handy, if you intend to build a career in this lucrative field.
Eligibility and course duration
Graduation in any discipline with at least 50% marks. For seeking admission to the top colleges you need to appear for entrance tests such as MAT/CAT/XAT, group discussion and interview.
Duration of the full time course is 2 years. Distance learning programmes are available through some institutions.
More about the course
MBA in International Business is one good program that equips you with the knowledge of doing business in the international market. It prepares you for a sound career in today's global economy, where markets are forced to come closer to each other. The course improves your understanding of the international business. Concepts like export-import procedures, liaising with foreign customers, raising capital from foreign markets, currency conversions, documentation, permits, paper works, etc. are all taught during the course. Then there are specializations that you can seek in international business, like finance, supply chain management and marketing. Among the topics that get covered during the course are export and import management, international marketing, international finance, logistics and foreign exchange management.
Jobs and opportunities
There is ample scope for work in this field both in the country and abroad. There are a number of private companies in the country that are involved in international business where one can seek employment. One also gets the opportunity to work in transnational and multinational companies across the world. There are opportunities in government departments and ministries that are dealing with international trade. The export-import departments, shipping industry, international courier companies and the tourism industry too provides a good many opportunities. Then there are financial institutions, banks, both foreign & local, where too one can seek work. There are also opportunities for undergoing research programs like M.Phil and PhD for academic and research based jobs.
M.B.A International Business Admissions for 2021 - 2022 Academic Year
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