The online MBA in International Business is a two-year postgraduate degree program in management that equips the learner with an understanding of international business, such as export and import policies, international trade rules, how to gain capital in the global market, etc. The course is designed for graduates who want to explore the international trading market. The program is good for big business groups interested in expanding their business into the global market.
Read the full blog to gain an insight into the MBA in international business and make an informed decision for your successful career.
Online MBA in International Business: Program Overview
With globalization, the international market is open to all types of business be it small or large. The course of international business equips students with the latest tools, techniques and strategies to establish themselves in the global market. The MBA program in IB opens diverse career opportunities to the learner as they find a wide range of career options in domestic and international companies.
The online MBA in International Business is delivered online providing the freedom to the students to learn from anywhere, anytime across the globe. Learning in real-time with experiential learning models and case studies are the key features of the online MBA program. In addition, the learners can apply the knowledge gained during the program to their current job profile.
Why Opt for an MBA in International Business?
Here are a few reasons why you should choose an MBA in international business as your specialization in online MBA:
- Understanding of Global Business: The program provides a deep understanding of international markets, trade policies, cultural dynamics, and global economic environments, that help the learner to establish himself globally.
- Diverse Career Opportunities: Multinational companies, global financial institutions, and international trade organizations prefer to recruit personnel who have good knowledge of international trade and policies.
- Gain cross-cultural knowledge: Students gain valuable skills in cross-cultural communication and negotiation, which are crucial for building and maintaining relationships in diverse regions worldwide.
- Develop Leadership Skills: The MBA program helps to develop leadership skills, problem-solving approaches, and decision-making abilities.
- Exposure to International Market: International immersion experiences during the program give students exposure to different business environments.
Who Can Apply?
The program is meant for:
- Professionals who want to flourish in the international market.
- People who want to gain knowledge of the international market to take their business globally.
- College graduates who want to excel in global business or companies.
- People who want to run their family business in the international market.
- Students who want to get an understanding of international business.
Top Online MBA Universities/Colleges in India offering PG Program in International Business
Many colleges and universities offer online MBAs in International Business. Here we have listed the top colleges in India according to ranking:
Name of College | Fees |
Manipal University | ₹ 1,75,000 |
Jain University | ₹ 1,80,000 |
Chandigarh University | ₹ 1,50,000 |
DY Patil University | ₹ 1,70,000 |
Amity University | ₹ 1,99,000 |
LPU Online | ₹ 1,80,000 |
Bharati Vidyapeeth | ₹ 1,60,000 |
Key Features of Online MBA in International Business
The highlights of the online MBA in IB are as follows:
- UGC-DEB and AICTE colleges offer quality education with the latest curriculum.
- Learn anywhere anytime with a flexible learning management system (LMS) that facilitates easy work-life balance.
- Connect with global industry expertise as the batch comprises students from different cultural backgrounds.
- Improved networking with peers and alumni can boost your career prospects.
- Learn from industry experts and professors with global experience and insights.
- Subjects and curriculum that can elevate your career by developing an understanding of the international market and global culture.
- Save on the cost as the online degree is much more affordable than the regular MBA program.
- Develop the skills that prepare you to face the challenges of international business.
Online MBA in International Business Syllabus
The typical online MBA in international business syllabus and subjects are mentioned in the table below:
Semester I | Semester II |
Principles & Practices of ManagementOrganisational BehaviorManagement AccountingManagerial EconomicsBusiness CommunicationResearch MethodologyEnvironment Awareness and Disaster Management | Human Resource ManagementMarketing ManagementFinancial ManagementOperations ManagementManagement Information SystemStrategic Management & Business PolicyEntrepreneurship Development |
Semester III | Semester IV |
International trade, WTO & Trade Policy issuesBusiness Laws and RegulationsFinancial Institutions and BankingInternational MarketingInternational Finance ManagementSecurity Analysis and Portfolio ManagementGeneric Elective-I (Digital Marketing or Business English) | Foreign Exchange ManagementInsurance and Risk ManagementGeneric Elective-II (Soft Skills or Business Ethics)Project Work Report |
Eligibility & Duration
The minimum eligibility for admission to an online MBA in international business is graduation in any stream from a recognized university with a minimum of 50% marks. Work experience may be preferred by some of the top colleges.
The typical duration of the program is 2 years (minimum) it can be extended to 4 years (maximum duration).
Top Online MBA Entrance Exam
Here is the list of some MBA entrance exams which will provide you admission to the top MBA colleges across the country.
- CAT (Common Aptitude Test)
- MAT (Management Aptitude Test)
- XAT (Xavier Aptitude Test)
- GMAT (Graduate Management Admission Test)
- NMAT (NMIMS Management Aptitude Test)
- SNAP (Symbiosis National Aptitude Test)
Admission Process
The step-by-step admissions process for an online MBA in International Business is as follows:
- Register with the university you are looking for to pursue an online MBA program.
- Fill out the online application form by visiting the official website.
- Submit the scanned copy of all the documents.
- Pay the online application fee and program fee.
- Wait for verification by the institute.
- Once verification is complete you will receive the confirmation mail.
Career Prospects of Online MBA in International Business
Online MBA in International Business opens the path to diverse career opportunities across the globe. Once you complete the course you will find opportunities in banking, hotels, non-profit organizations, and other govt. & private organisations. You will also find a noticeable change in your earning potential due to promotion in your current organization or new career opportunities.
A few job profiles for online MBA programs in International Business are as follows:
- Global Marketing Manager.
- International Trade Compliance Manager.
- International Financial Analyst.
- Global Supply Chain Manager.
- International Business Development Manager.
- Foreign Service Officer/Diplomat.
- Global Human Resources Manager.
- International Operations Manager.
Top Recruiting Companies in International Business
Below is a list of top companies that recruit personnel with a postgraduate degree in international business:
- Deloitte
- IBM
- Cognizant
- Accenture
- Wipro
- TCS
- Infosys
- Tech Mahindra
- Sapient
Is an Online MBA in International Business Worth It?
Online MBA in International Business is beneficial for professionals who want to explore global business and move ahead in the international market. The program provides an in-depth understanding of international business policies, cross-cultural management, and strategic approaches in the international market.
The degree also helps in building cross-cultural relationships with peers or industry professionals through virtual interactions. This can prove beneficial for their career development. The main focus during the program is on real-time case studies so that they understand the intricacies of the actual business environment.
Most candidates find a remarkable change in earning potential after pursuing a postgraduate degree program in International Business.
Frequently Asked Questions
Is an online MBA degree valid?
Answer:An online MBA degree earned from a UGC and AICTE-approved university is valid and accepted by most companies across the globe.
Does MNC accept online MBAs?
Answer:Yes, MNCs accept online MBA degrees as their curriculum is similar to a regular MBA program. The degree awarded after the program is equivalent to the regular MBA program.
What is the cost of an online MBA in International Business?
Answer:The fee for the online MBA in International Business ranges from 1,50,000 to 3,00,000 INR. The fee varies depending on factors such as institute ranking, specialization offered, placement opportunities, etc.
What is an MBA in International Business?
Answer:Online MBA in international business is a two-year postgraduate degree program that provides you with an in-depth understanding of international marketing policies, and business rules and develops skills that you will need in handling international issues in your business.
Does an online MBA increase salary?
Answer:Most candidates find an online MBA relevant to their career as they find a significant increase in their earning potential after pursuing the degree program.