International trade and business are extremely important for any country’s economy. This is the reason why management courses in International Business are always popular among students. Read the complete post, to know more about International Business Management admission 2023 including eligibility criteria, available courses, entrance exams, etc.
Table of Contents
Introduction to International Business Management
International Business Management is a management discipline that deals with business ethics for maintaining a business in another province. Around 40% of industries nowadays have their business presence internationally and the rest of the organizations are trying to expand their business overseas. In such a scenario, there is always a vast requirement of International business managers in many organizations.
Many companies are ready to hire an International business manager at any cost. If you’re a graduate-level employee working for an International Organization, then at any point of time, you can get considered to work as an international Business Manager of your organization if you are eligible for doing so.
Apart from being lucrative, the profile of an international business manager is also very challenging. The reason behind this is that the development and growth of a business firm’s international are solely based on business manager’s ability.
Overview of International Business Management Course
International Business Management is considered one of the most renowned courses in the field of management. Interested candidates can get a basic overview of the program from the table given below.
|Level of the course||Post-graduation level course|
|Course Duration||2 years|
|Eligibility Criteria||Candidates must have completed graduation in any field with a minimum of 50% marks.|
|Admission Criteria||Admissions are provided on the basis of both entrance exams, and qualifying exam merit list depending upon the institute|
|Average course fee||Rs. 50000/- to Rs. 400000/- per annum|
|Average salary package for a fresher||Rs. 15000/- to Rs. 30000/- per month|
|Top Job positions||Brand Manager, Business Consultant, International Marketing Manager, Management Consultant, Export coordinator, Global Business Manager, Export coordinator, etc.|
|Top recruiters||Morgan Stanley, UBS, Bank of America, Microsoft Corporation, Tata Consultancy service, JP Morgan Chase & Co, Goldman, Sachs & Co, Booz & Company, Accenture|
Education in International Business Management
Master’s Degree in International Business Management is the only way that one can reach the position of becoming an international Manager. Basically, it is a degree designed to develop the capability of a person to manage an international business office and stabilize its growth. Originally, International Business Management was started in the year 1946 in America by the American Institute of Foreign Trade. Then after, it became popular in other regions of the world, especially in Asia and Europe.
MBA in International Business Management mainly deals with subjects including – developing the business in global markets, procedure and documentation involved in export and import, methods that should adopt in foreign business before establishing a business in a foreign country, currency conversation & fluctuation, business scopes in the international market, Foreign Exchange Management, finance and marketing, research on competitors’ products, services and so on.
Related: Courses after 12th
Eligibility Criteria for International Business Management
It is the duty of a candidate to make sure that he/she is eligible before submitting the application form. The eligibility criteria for courses in International Business Management are as follows.
- An aspirant must have passed the graduation examination with a minimum of 50% marks from a recognized university/ institute.
- There are some institutes which also offer Integrated International Business Management Course after 12th. In order to get admission to this course, candidates have to score more than 50% marks in class 12th or equivalent exam. It is advised to visit the official website of the institute to know more about the eligibility criteria.
How to get admission to MBA in International Business Management?
In India, most of the B-Schools that offer MBA in International Business Management select students on the basis of test scores in National level management entrance exams 2023 such as MAT/CAT/XAT or ATMA and percentage in their Graduation level.
Meanwhile, some other institutes offer admissions on the basis of their own entrance exams. The institutes like Sikkim Manipal University, Indira Gandhi National Open University, Amrita University are some leading MBA offering Universities in India that conduct independent entrance exams for MBA admissions.
Job and Career as International Business Manager
Students having specialization in International Business Management are eligible to be a part of Multinational Company as Export managers and executives, Brand Manager, Business Consultant, International Marketing Manager, Management Consultant, Export coordinator, Global Business Manager, Export coordinator, business management consult, Investment manager, and business lead manager.
A person who is working as a business manager in an international business firm can get a salary of between Rs. 3 Lac and 5 Lac. However, there is a tremendous chance of salary variation on the basis of organization and the position he serving for.
List of Top recruiters in India Hiring candidates who specialized in MBA in International Business Management
Here‘s a list of employers in India hiring specialists having proficiency in International Business Management.
- Boston Consulting Group
- Sony India
- McKinsey & Company
- Deutsche Bank
- Morgan Stanley
- Bank of America
- Microsoft Corporation
- Tata Consultancy service
- JP Morgan Chase & Co
- Goldman, Sachs & Co
- Booz & Company
- Johnson & Johnson
- Credit Suisse
List of Institutes in India Offering Courses in International Business Management
Some of the top institutes in India for pursuing an MBA in International Business Management are as follows.
- Indian Institute of Management, Ahmadabad (IIM-A)
- Indian Institute of Management, Calcutta (IIM C)
- XLRI – Xavier School of Management
- Indian Institute of Plantation Management, Bangalore
- P. Jain Institute of Management and Research (SPJIMR), Mumbai
- Symbiosis Institute of International Business (SIIB) Pune
- K J Somaiya Institute of Management Studies & Research, Mumbai
- BIMTECH Greater Noida
- FORE School of Management, New Delhi
- Gitam School of International Business, Visakhapatnam – Gitam Deemed to be University
- Christ University Bengaluru
- Institute of Management, Nirma University, Ahmedabad
Frequently Asked Questions
Question – 1: I want to pursue an International Business Management course for IIM. Which entrance exam do I have to clear?
Answer: The Indian Institute of Management is one of the finest management colleges in India. In order to get admissions, candidates have to clear the CAT examination.
Question – 2: Can you please name the entrance exams conducted in order to select candidates for admission to International Business Management program across various colleges in India?
Answer: Some of the most popular management entrance exams in India are as follows.
- Xavier’s Admission Test (XAT)
- NMIMS Management Aptitude Test (NMAT)
- Tata Institute of Social Sciences Management Aptitude Test (TISS-MAT)
- Symbiosis National Aptitude Test (SNAP)
- Indian Institute of Foreign Trade exam (IIFT)
- Maharashtra MBA Common Entrance Test (MAH-MBA)
- Management Aptitude Test (MAT)
- Common Management Admission Test (CMAT)
- All India Management Association Management Aptitude Test (AIMA MAT)
Question – 3: I will appear for the final year exam of my graduation in the year 2023. Am I eligible for admission to MBA in International Business Management?
Answer: Yes, students who are going to appear for the final year graduation exam in the year 2023 can apply for entrance exams.
Question – 4: Is it possible to pursue an International Business Management PG degree in distance education mode?
Answer: Yes, there are many universities which offer courses in International Business Management in distance education mode.
2 thoughts on “International Business Management Admission 2023: Course Overview, Eligibility, How to Apply, Career”
May I know what m I supposed to do or persue after 12 for MBA in IBM…
I mean bba or b.com..
N d salary mentioned is on yearly basis or monthly..
please guide me further for this course