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.
