MBA in International Business
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MBA in International Business
An MBA in International Business grooms working managers and executives for careers of increased responsibility with focus on diversity and multicultural concerns, International relations and business strategies sensitive to international issues.
MBA in International Business aims to provide various tools and framework for preparing competitive strategies in response to increased internationalization. Particular attention is given to under-standing the international environment within which firms operate, and develop suitable management strategies. With an International Business MBA you can prove your capability and ability in this area, and can enjoy moving into an exciting, rewarding, and fast paced career in global business management. MBA in International Business make students learn about the skills and knowledge required dealing with global business management, and with this helpful degree students will open a whole new world of opportunity when it comes to their business career.
It can be well imagined that international business success requires more business acumen than managing a domestic enterprise. The traditional business functions and values are there to be managed, but one also must understand and work from a global perspective that adds politics, culture, monetary variables, time, and distance to the international business management equation. There is also international marketing which is simply the application of marketing principles to more than one country.
The ultimate aim of the Master in International Business program is to prepare students to work in a management position in an ever changing international environment where advanced technology and multicultural situations occupy an increasingly important place in the daily lives of companies. Master of International Business program exposes you to key issues in international business management, provides insight into relevant social, political, legal, and macroeconomic conditions affecting international business.
The degree is suited to a wide range of interests but is particularly relevant to those who plan a career in organizations that conduct business beyond a single domestic economy. For example, the Master of International Business is relevant for those planning careers with parent companies having foreign subsidiaries, export oriented firms and public sector bodies involved in cross-border commercial issues.
If you are already working in a business environment, studying for your International Business MBA is the ideal way to progress your career and enjoy improved promotional prospects. You can move into the exciting area of global business management and enjoy a very rewarding and successful career with the skills and qualities that you will gain from doing an International Business MBA.
International business and international marketing is taught as part of the MBA curriculum at B-Schools across the country. A number of universities also offer a Masters In International Business (MIB) to train for a career in International Business and Foreign Trade.
Some Institutions in the field are:
Indian Institute Of Foreign Trade (IIFT) – New Delhi – 110 016
Website: www.iift.edu
Symbiosis Institute Of Foreign trade(SIFT) – Pune – 411 016
Website: www.sift.edu
There are few Universities in UK having MBA in International Business like Coventry University,University of Edinburgh,Regents Business School London etc.You can look for MBA General from Brunel University,University of Lincoln,University of Sunderland,University of Kent & can look for Specialisation in International Business or can look for Masters in International Business from Brunel University,Leeds,Birbeck,Nottingham,St. Andrews,Lancaster University etc. Apart from these there are colleges across teh globe that offer an MBA in International Business.
Prospective Employers
International Marketing departments of companies engaged in exports (eg: multinational manufacturers such as automobile companies, electronics and computer companies, consumer durables manufacturers and FMCG companies etc.)
Banks and securities firms, import/export companies, consulting businesses.
Port & aviation services
Courier, airlines, cargo, steamship lines, global shipping companies
International placements in company offices abroad (eg: MNCs).
Travel and tourism and hospitality sector.
Foreign direct Investment and economic development agencies
A fresh postgraduate in International Business Management from a reputed institute is usually recruited as a management trainee and the salary offered ranges between Rs.5 to 12 lakh per annum. The offerings head northward for international placements. Job satisfaction and career growth can be an important factor in International market research firms or consulting organizations.
To summarize, one can consider this niche area of study for a lucrative career and a rewarding work environment. Moreover, a functional expertise in business finance, finance & accounting, International Human resource management, marketing, e-business and information technology would improve an individual’s chances of obtaining a top position. Familiarity with a foreign language and international business practices, interest in people-development and teaching will be an asset and an added competitive advantage.
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