MBA in International Business

An MBA in International Business is a one or 2-year course. This postgraduate program is designed to equip the students with the knowledge and skills in foreign policies, trade, foreign investments, export management, Forex risk management, etc. Many universities offer this course, and today we will discuss the top 3 of them and other information you need to enrol in this degree as an international student.

MBA in International Business: Course Highlights

Below are the basic details for the MBA in International Business degree program. The course is one of the best and most popular among business graduates and students wishing to start their own business or gain the knowledge and experience to partner with top companies.

Program

Postgraduate

Course

MBA in International Business

Duration of the Course

Between 1 and 2 years (based on top 3 universities)

Eligibility Criteria

{High school (10 + 2 equivelant), 60% recommended}, bachelor’s degree (preferably in business such as BBA),  {IELTS, PTE, or TOEFL (IELTS 6.5 or equivalent recommended)}, and entrance exams such as GMAT or GRE

Entrance Exams

{IELTS, PTE, or TOEFL (IELTS 6.5 or equivalent recommended), and GMAT or GRE 

Tuition Fees

Between 1407018 and 2312818 INR (based on top 3 universities)

Jobs 

Real Estate Development Manager, Supply Chain Management Director, Chief Executive Officer (CEO), etc.

Average Salary

32,23,864 INR (based on 10 jobs)

What is an MBA in International Business?

An MBA in International Business is a one or 2-year course. This postgraduate program is designed to equip the students with the knowledge and skills in foreign policies, trade, foreign investments, export management, Forex risk management, etc. Graduates are offered jobs such as global business manager, export manager, and international business consultant.

Top Colleges for MBA in International Business

These top-ranked colleges in the UK, Canada, and Australia respectively offer an MBA with a concentration in international business. They may not have impressive QS World University Rankings, but they are the best for MBA.

S.NO

University Name 

Country 

QS World Ranking

1

Bangor University

The UK

Between 601 and 650

2

The University of Alberta

Canada

110

3

Deakin University

Australia

266

MBA in International Business: Syllabus

The MBA in International Business syllabus comprises export and import processes and documentation, international policies, and trade policies, gaining capital from the global market and distribution market, etc. 

Please read the curriculum below: 

  • Economics and Management Decisions.
  • Quantitative Techniques.
  • Financial Accounting.
  • Marketing Management.
  • Human Resource Management.
  • Financial Management.
  • IT for Managers.
  • Research Methodology.
  • Application Statistics.
  • Domain Specific Courses.
  • Summer Internships.
  • Domain Tailored Courses.
  • Industry Visits.
  • Cross-Cultural Management.
  • International Business Negotiation.
  • E-Business and E-Commerce.
  • Merges and Corporate Regulation.
  • Dissertation. 

Cost of Studying MBA in International Business

An MBA in International Business abroad is a high investment and returns course. Although the course fee may be too much for some students, it's worth their expenses as they will recover the amount with lucrative salaries offered by top recruiters such as Accenture and Microsoft. Therefore, we recommend keeping a budget of around 3000000 INR for the top institutions.

S.NO

University Name 

Course

Duration 

Tuition Fees in INR

1

Bangor University

MBA in International Business

1 year

1407018

2

The University of Alberta

MBA in International Business

1.6 years

1578242

3

Deakin University

Master of Business Administration (International)

2 years (flexible)

2312818

Eligibility Criteria for MBA in International Business

To qualify for an MBA in International Business overseas, students must meet the standard eligibility criteria. This includes minimum bachelor's degree cutoff, entrance exams, etc. For any MBA, this minimum score bar is set very high and may vary from university to university.

  • We recommend you at least hold a bachelor's degree and a high school qualification (10 + 2 for Indian students), preferably in a business or related area with a minimum of 60%.
  • To prove your English language proficiency, experts recommend at least IELTS 6.5 or equivalent.
  • For an MBA abroad GMAT is a mandatory requirement. However, some universities have waived this criterion for a GRE or work experience substitute.
  • Usually, for an MBA in International Business program, you will need work experience. 

Exams Required for MBA in International Business

To qualify for the MBA in International Business at the top universities abroad, candidates must prove their English language skills and give a standard entrance examination. The most common ones are IELTS and GMAT.

Name of the University

Exam Name

Minimum Band Requirement

Bangor University

IELTS, GMAT

7.0 (no band less than 6.5), NA

The University of Alberta

IELTS, GMAT

6.5, 550

Deakin University

IELTS, GMAT

6.0 (no band less than 6.0), NA

Scholarships to Study MBA in International Business

The MBA in International Business is an expensive degree program, especially for Indian students studying overseas. Fortunately, the universities provide scholarships to help needy students financially.

S.NO 

Scholarship Name

Description 

Eligibility 

Amount in INR

1

Postgraduate Bursary

The Deakin University, Australia offers this award

NA

10% discount per unit on enrollment fee

2

The U of A Scholarships and Awards

These awards are offered by the University of Alberta, Canada 

Depends on faculty, year, and academic standings

NA

3

Vice-Chancellor’s Scholarship

The Bangor University in the United Kingdom offers this scholarship

NA

8,06,610

Scope of MBA in International Business

A graduate with MBA in International Business has many options after course completion. One can either begin their career as a business professional or further enhance their knowledge and experience via a PhD or a professional course. In addition, graduates can choose to work abroad or return to their home country for a job.

Job Profile 

Salary in INR

Risk Management Director

52,50,000

Corporate Auditing Director

32,15,638

Real Estate Development Manager

44,48,646

Marketing Sales Director

38,00,000

Government Affairs Director

39,03,660

Business Development Manager

5,97,879

Supply Chain Management Director

30,94,801

Business Analytics Manager

24,79,234

Information Security Director

25,00,000

Chief Executive Officer (CEO)

29,48,782

How to Study for a MBA in International Business?

Like all other MBA courses abroad, applying for an MBA in International Business overseas follows the same procedure. Here's a quick, step-by-step, and easy-to-follow breakdown of the process. However, this guide is only indicative and should be used for references only.

Step 1: Research and shortlist the best university or college abroad offering an MBA in International Business certification.

Step 2: Ensure you fit all the eligibility criteria for the university and course before applying.

Step 3: The next stage is to gather all these credentials and attest them.

  • Proof of funds.
  • At least 2-3 LORs.
  • Your SOP.
  • Your evidence of English language proficiency (IELTS, PTE, TOEFL, or equivalent scores).
  • Your academic transcripts.
  • A copy of your valid passport.
  • GMAT scores for MBA, some universities may ask for GRE instead.
  • Your graduate degree or equivalent qualification.

Step 4: On your desired course page for an MBA in International Business overseas, fill out an online application form with your academic, personal, and professional details and attach the required attested documents. The next step involves checking that all information is correct and submitting your application to the university or college.

Step 5: Please pay the non-refundable application fee (if applicable).

Step 6: Wait for the decision on your application. Meanwhile, you can prepare for the visa interview or learn the official language of the nation you will be studying in.

Step 7: Done 

Need help to fulfil your study abroad dreams? AECC Global India is here for you. Our expert will ensure that you get the best guidance throughout the overseas study process for your chosen nation. Thank you for reading.


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