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Course Details

MASTER OF INTERNATIONAL BUSINESS

Degree Course Type 

Masters

Entry Level Qualification 

Graduate

Degree Course Duration 

2 Year

Course Fields 

Other

Degree Course Entrance Exam 

CAT, CUSAT

Average Course Fee 

60000 - 800000 Per Year

Average Salary Offered 

200000 - 1400000 Per Year

Course Highlights 

Check out all the important details about the Master of International Business from the table given below:

Particulars

Details

Level

Postgraduate

Duration

2 Years

Exam Type

Semester

Minimum Qualification Requirement

Bachelor Degree 

Average Initial Salary

INR 2 to 14 lacs per annum

Selection Process

Entrance Exam

Minimum Aggregate Score Requirement

50%-55%


Major Recruiters

JP Morgan Chase & Co, Goldman, Sachs & Co, Citi, Booz & Company, Accenture, Johnson & Johnson, McKinsey & Company, Boston Consulting Group, Bain & Company, Merrill Lynch & Co, Deloitte Consulting LLP, UBS, Bank of America, Lehman Brothers, Credit Suisse, Deutsche Bank, Morgan Stanley, Microsoft Corporation etc.

About Course 

Master of International Business is a two-year postgraduate program available for the candidates who are interested in business-related activities. Candidates who have completed their bachelor may choose this program. The program trains students for management of challenges arising from coordinating, controlling and planning business activities internationally. The program also grooms candidates with business strategies and managing a business at the international level. Although the program is available for all the graduate students, candidates who own business skills and who are interested in handling business-related activities of companies internationally are the perfect candidates for this program

The first three semesters of the Master of International Business degree program involves theoretical learning while the final semester involves a six month internship period where the candidates are exposed to real-life situations. Some of the major subjects which will be covered in this course are Global Supply Chain Management,  Global Strategic Management, International Marketing, Macroeconomics, International Finance and International Law. Besides this, many Master of International Business offering colleges available in India offers an additional certification with the program.

Why Choose Course And Required Skills 

Students can choose MIB due to its following advantages:

1. The program equips students with practical business knowledge with a focus on an international and cross-cultural understanding of the marketplace

2. Students can deepen their knowledge in areas ranging from humanitarian issues to security to corporate finance while expanding regional expertise

3. The course is uniquely positioned to develop your contextual intelligence by honing the ability to recognize the impact of politics, law, culture, and society on the world of business.

Eligibility  

Candidates who want to apply for the Master of International Business program must have cleared the B.Com, BBA or any undergraduate program. Besides this, the candidate must have scored at least 45-50% marks in the qualifying degree. The minimum percentage requirement will vary from college to college.

Entrance Exams Details 

Some of the entrance exam available for admission in the program are provided below:

CAT

IIMs and Most of the top league b schools

MAT

Institutes/ Colleges under AIMA

CUSAT CAT

Admission to the Cochin University

CMAT

Some of the management colleges in India

Degree Course Syllabus 

Semester wise break up of Master of International Business Syllabus is provided below:

Semester 1

Semester 2

Business Environment

Accounting for Managerial Decisions

Financial and Cost Accounting

Computer Application in Business

Financial Management

Foreign Languages1

Management Concepts and Organizational Behaviour

Foreign Trade Policy

Managerial Economics

International Business Environment

Marketing Management

International Marketing

Statistical Analysis

International Marketing Research

Semester 3

Semester 4

E-Commerce

International Business Laws and Taxation

Export-Import Procedure & Documentation

International Finance

Foreign Languages 2

International Management

International Logistics

Internet and Web Designing

Operations Research

Project Report and Viva-Voice

Services Marketing and Customer Relationship Management

Strategic Management

Training Report & Presentation

Thrust Products and Markets

Top Colleges 

Following are some of the top colleges offering Management courses : Indian Institute of Management (Lucknow) , S.P. Jain Institute of Management and Research (Mumbai) , Indian Institute of Technology (Chennai) , Jamnalal Bajaj Institute of Management Studies (Mumbai) , Indian Institute of Management Ahmedabad (Ahmedabad). You can explore these colleges on our website to check if they offer Master of International Business or not.

Course Fees 

The average fee for a Master of International Business is INR 2,50,000 per year.

Top Recruiters And Salary 

Some Top Recruiting companies are JP Morgan Chase & Co, Goldman, Sachs & Co, Citi, Booz & Company, Accenture, Johnson & Johnson, McKinsey & Company, Boston Consulting Group, Bain & Company, Merrill Lynch & Co, Deloitte Consulting LLP, UBS, Bank of America, Lehman Brothers, Credit Suisse, Deutsche Bank, Morgan Stanley, Microsoft Corporation etc.


      


      


The average salary for MIB degree holders is expected to range from INR 5,00,000 to 15,00,000 per annum depending on experience and expertise.

Course Scope And Career Options 

Some of the major job profiles where the candidates may apply after clearing the Master of International Business are provided below:

1. Business Development Executive

2. International Business Developer Executive

3. Business Development Specialist

4. Business Development Manager

5. International Business Developer

6. Teacher & Lecturer

7. Besides this, they may apply to any of the areas such as:

8. Banking Sector

9. Marketing Areas

10. Finance Sector

11. Research & Educational Institutes

12. Trade Companies

Admission Process 

Admission to the Master of International Business program will be done on the basis of the selection process decided by the institute. Some of the colleges will provide admission directly on the basis of merit in the qualifying examination while some of the colleges will require scores in the 12th examination as well. Candidates must be well aware of the admission requirements of the college before applying for admission. They can apply directly to the website of the college for admissions.