MBA In International Business : Careers, Market Trend, Growth, Salary & Top B-Schools

MBA in International Business is a two years postgraduate degree in management. It is one of the trending specializations in the world of business today. Lots of industries and organizations are hiring graduates of International Business to represent their companies at international levels. In this article, we will discuss on the Market Growth and Trends, Career Growth, MBA in International Business, jobs after MBA in International Business, top companies that offer MBA in International Business, top colleges that offer MBA in International Business.

Market Growth and Trends

With increasing globalization and competition among MNCs and foreign competitors, candidates of International Business Management can exploit global exposure thus being created. As per statistics, commodity group of imports that have shown high growth in July 2017 over the corresponding month last year is Petroleum, Crude oil products (15.02 percent), Electronic goods (22.5 percent), Machinery, electrical & non-electrical (7.34 percent), Pearls, precious & semi-precious stones (6.86 percent). International Business deals with import-export, Foreign Trade, branding, etc. Business firms are increasingly seeking managerial talent with the skills to assess global trends and implement global strategies.

Career Growth After MBA/PGDM In International Business

MBA in International Business bestows attractive career opportunities to its students. The main functional area of the subject is Export-Import Management, Brand Management, International Marketing, Logistics Management, etc. Apart from the global business, postgraduates in this field can find job opportunities in airlines and chain restaurants, within government agencies, nonprofit organizations, Import / Export Giants, Logistics & Cargo Industry as well as the banking sector.

There are lots of international banks also offer individual a degree in this field. There is also an opportunity of Travel and tourism and hospitality where these candidates can find a place post-graduation. The expanded number of international companies and growing businesses that are competing at an international level has led to an increase in the popularity of courses like International Business. Companies need candidates who are both efficient at handling international scenarios and these are also well-versed with the theories and concepts that can be useful for business’ establishment. All these factors and the possibility to travel abroad add the allurement of pursuing a course in International Business at the postgraduate level.

Course Content

The course consists of subjects such as International Supply Chain Management, Financial Derivatives, and Risk Management, International Human Resource Management, International Advertising, and Brand Management, International Supply Chain Management, and Logistics, etc.

Jobs after MBA in International Business

The functional areas of international business are

Export-Import Management, Brand Management, International Marketing, Logistics Management, Compliance Management, and Foreign Exchange Management etc.

The top recruiters are Citi Bank, Accenture, Wipro, etc. Candidates can get positions like Business Development Manager, Export Managers, and Executives, International Business Consultant, International Finance Manager, International Marketing Manager, Global Business Manager, Investment Banker, etc.

Salary

The salary trend for students of International Business Management depends upon the job profile. A fresh graduate is usually recruited as a management trainee and a salary offered to a graduate in International Business Management from a reputed institute ranges between Rs. 3 lakhs to Rs. 8 lakhs per annum.

Top Companies Hiring International Business Major Students

The top companies that offer jobs in International Business Management is:

Citi Bank, HDFC Bank, ICICI Bank, Amazon, Google, HSBC, McKinsey & Company, Bank of America, Deutsche Bank, Goldman Sachs,

Western Union Business Solutions, Monycorp, Schneider, WorldFirst UK Ltd, Sun Pharma Industries, Reliance Industries, Vardhaman Textiles, Tata Steel etc. Jobs vary in the sector of Export and Import Management, Foreign Exchange Management, International Finance, International Marketing, etc.

Top Colleges Offering International Business

The top colleges that offer the MBA / PGDM in International Business Management are: