All about MBA International Business Course

Description of International Business

International business relates to any situation where the production or distribution of goods or services crosses country borders. Globalisation, the shift toward a more interdependent and integrated global economy creates greater opportunities in the international business. The broader definition of international business also encompasses for profit border-crossing transactions as well as transactions motivated by non-financial gains.

International business encompasses a full range of cross-border exchange of goods, services or resources between two or more nations. These exchanges can go beyond the exchange of money for physical goods to include international transfers of other resources like people, intellectual property, patents, copyrights, brand trademarks, etc.

Few Lines about MBA International Business

MBA International Business is a 2-years post graduate course that is divided into 4-semesters. The main aim of the course is to develop a capable workforce within the country that has completed understanding of the changing international business scenarios so that they can weigh and analyse the impact of those changes in the domestic market. The objective of the course is to help professionalise the foreign trade management of the country and increase the exports and imports by generating, analysing and conducting research.

The course is designed to develop the resources and capability of managers in the global economy. The course teaches the students various aspects of management like documentation involved in export and import, methods of approaching customers in foreign countries, currency conversion & fluctuation, raising capital from international market and distribution market.

Eligibility

The students who have completed their degree in any stream with 50% aggregate from recognised university are eligible to apply for MBA International Business course.

Admission Procedures

The students can take admission to MBA International Business by two modes. The first one is merit-based admission and second one is direct admission.

Merit Based Admission

The students interested in merit-based admission for MBA International Business course are required to appear for entrance exams conducted at national and international levels. The students also have to appear and qualify these entrance exams in order to get merit admission to MBA course.

Direct Admission  

The students have another option of getting admission to MBA International Business course by direct admission process. Under this mode of admission, the students are given direct admission to their desired colleges and deemed or private universities under management quota. The direct admission students enjoy many special privileges like that they are not required to apply for any entrance exam for getting admissions. They have an option to choose their desired colleges and universities and book their seats in advance even before the starting of the academic year. The students who are interested in direct admissions are required to contact Galaxy Educational Services for more details.

Course Curriculum

The students of MBA International Business will be studying the following subjects during their course duration.

Career & Scope

There are ample job opportunities for MBA International Business students in the global markets. They are largely hired in organisations in managerial positions and will be responsible to oversee international customers and international markets.

Salary & Emoluments

The fresh MBA International Business students will be earning around 10 lakhs to 15 lakhs per annum. The experienced professionals will be earning around 20 lakhs to 30 lakhs per annum. They are usually paid in dollars.

Top Organisations hiring MBA International Business students

Some of the top organisations hiring MBA International business students are:

• Accenture
• IBM
• JP Morgan Chase
• Fidelity Solutions
• Capgemini

Placement Opportunities

Some of the job roles available are:

International Marketing Manager: The international marketing managers are the professionals in charge of creating and executing marketing strategies for the international markets. You have to also have a deep understanding of various markets and ensure that you are marketing your company’s product and services to the right people. You have to get your products and services to penetrate the market and establish the brand.

International Product Manager: An international product manager is completely in charge of the products and services that are marketed internationally. Different markets have different standards for the quality of the product. Some markets even have stringent standards of the packaging of the product. Therefore, it is the job of the international product manager to ensure products, packaging and other quality requirements are up to speed according to the international market.

International Finance Analyst: International markets behave differently and yet they are connected. It is quite a complex structure and the job of an international financial analyst is to know about all these markets and make reports for investments in these markets. They have to analyse deep and provide information and predictive models for various markets for their company to invest money in.

International Research Analyst: To be able to succeed in an international market, companies need to have information on the markets. This information needs to showcase the opportunities and risks in the market. And this is where the services of a research analyst come into play. They have to research international markets, products, rules & regulations, competitors and more and provide reports for their companies to foray into international markets.

International Logistics Manager: Logistics is already a tedious thing to manage. Now imagine doing it on an international scale. This difficult yet rewarding task is the job of the international logistics manager. They have to figure out the logistics involved in product supply, resource supply, deliveries, etc. in different countries. The challenge is that rules and regulations and logistical challenges are different in each country. The logistics manager needs to know about them and ensure everything delivered from suppliers to customers on time.

International Financial Analyst: International financial analysts produce reports, guide investment activities and develop strategic planning to support the long-term financial goals of a company. They combine the technical and communication skills needed to enhance their organization’s bottom line.

International Management Analyst: International management analysts, also known as consultants, create new ways of improving an organization’s efficiency. They advise upper management on how to enhance company performance by solving organizational problems, such as evaluating a new market expansion program or adapting to a different operations strategy.

Conclusion

There is a huge demand for MBA International Business students. The organisations hire skilled MBA International Business students. The MBA International Business students are highly paid professionals and can expect excellent career opportunities in the field. The students with a passion towards international business can join this course.