MBA in International Business (IB) is a 2 year post grad study course which gives the students a higher understanding of international trade, international marketing, cross cultural management, foreign exchange, logistics and international finance. Education graduates learn, during the course, how to work as leaders of multinational companies or corporations (MNCs), export-import companies, international consultancy agencies, or trade regulation organizations.
IIFT, IIMs, Symbiosis (SIBM), NMIMS, and FORE School of Management conducts this course with the tie-ups of industries, internships, and international exposure. The specialization works best with the aspirants that want to be involved in cross border operations, international marketing, global logistics and international foreign policy advisors.
It is known that entry level remuneration will be between INR 6-10 LPA and mid-senior level will exceed over INR 20 to 40 LPA especially in the firms dealing with international activities or trade.
Also read about: Executive MBA in International Business
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Sector-Wise MBA in International Business Jobs
The graduates are able to carve a career in the private international companies, export agencies in the government, the international banks, the trade consultancies, and the international commerce departments in the diplomatic missions. The profession provides security of employment, a good salary and global opportunities.
Government Jobs after MBA in International Business
MBA IB graduates can have great positions in the government operations in international trade, export promotion or economic diplomacy. According to the new media, the more significant recruiters are the Ministry of External Affairs (MEA), Directorate General of Foreign Trade (DGFT),EXIM Bank, ECGC and ITPO.
Private Jobs after MBA in International Business
MBA IB graduates are actively recruited in the world market by the private firms, particularly MNCs, logistic behemoths, multinational investments consultancies (and it is the same with import-export companies). The positions are international marketing, trade compliance, foreign sales and strategic alliances.
MBA in International Business Fresher Job
The freshers enter the work force as an International Business Analyst, Trade Exec of Management Trainees, with export houses, MNC or shipping houses as well. The average fresher salaries posted across institutes and companies stand at INR 6 -10 LPA based on the institute, experience in internship, and company.
MBA in International Business Jobs in India
The increasing interests of India in international trade, logistics, e-commerce exports, and manufacturing (Make in India) have led to the high demand of international business managers with international experiences. It has major recruitment centres in Mumbai, Delhi, Bengaluru, Chennai and Hyderabad.
MBA in International Business Jobs Abroad
Countries such as USA, Germany, UAE, Singapore, Australia and Canada seek employees with the MBA IB qualification and the job profiles include international marketing, consulting, finance, and trade operation. Depending on location and position, salaries are between INR 20 to 60 LPA.
Frequently Asked Questions
Is it possible to continue a post-graduate course or certification following MBA in International Business?
Yes. Following MBA-IB, the professionals may obtain CITP (Certified International Trade Professional), CGBP (Certified Global Business Professional) or a Post Graduate diploma in Foreign Trade that caters to the enhancement of international credibility. Niche career opportunities also become available with a PhD in International Business or the qualifications: supply chain; global marketing; trade finance.
Which are some of the important skills to take a government job after MBA in International Business?
The necessary skills are associated with the knowledge of global policy, foreign trade, macroeconomics, international finance and the ability to use data tools. The factors essential in such a job in the public sector are good communication, negotiation and knowledge of the regulation of trade.
Which are the non-trade job opportunities after the MBA in an International Business?
It is also possible to join global HR, cross-cultural training, global supply analytics or even diplomatic consulting. Others join foreign country non-governmental organizations or UN organs functioning as trades, and they make a difference at international development levels.
What is the future-proof of a career after MBA in International Business?
As international trade will increase exponentially in the next few decades, there is an increased demand for professionals who are acquainted with what international operations entail. The international business careers are resilient, flexible and are rewarding, particularly where one is ready to relocate or manage a multicultural staff.