With globalization and growth in trade between world economies there's a huge market waiting to be tapped in international business. Understanding the global market and the transactions between nations is one skill that is greatly desired by most companies in international trade. A master's degree in international business thus opens up a plethora of career opportunities in world trade. International business is about the trade that takes place among nations and individual trading companies. It's also about the cross-border transport of goods that takes place between neighbouring countries. A course in international business thus makes you aware of the global business environment and is very useful in advancing your negotiating skills.
Eligibility and course duration
An undergraduate degree in any field with at least 50% marks. It however helps if you are from the commerce stream. Admissions to the top colleges are through entrance tests like CAT, MAT, etcetera.
The duration of the full-time course is 2 years.
More about the course
In this course you will get an in-depth understanding of cross-border transfer of goods and services between nations, economies and companies. The topics for this program are mostly drawn from fields including, commerce, economics, finance, marketing, international relations, foreign policy and management. The 2-year long program equips you with the fundamentals in business strategies, negotiating skills and business development techniques. It helps you in getting a first-hand knowledge of foreign cultures, customs and business etiquettes. You develop an understanding of export-import policies and other foreign policy regulations that differs from country to country. The program helps in developing your confidence and skills of working in a team comprising people from different nationalities. Further, you gain on skills that help in dealing with real world problems concerning international trade.
Jobs and opportunities
International business is a lucrative field and opens up good many employment avenues in multinational companies, businesses, foreign investing firms, international organizations, government bodies and others. You have a range of specializations where you can make your mark. A few such fields are international marketing, finance, banking, human resource management and business development. A slew of government jobs is there for the asking in different departments concerning foreign trade. After gaining some years of experience in the field you can get employed in reputed international organizations like World Bank, International Monetary Fund (IMF), Asian Development Bank (ADB) and the different arms of the UN. You can also try your own hand in international trade.
Master of International Business (M.I.B.) Admissions for 2020 - 2021 Academic Year
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