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Careers in International Business

International Business has emerged as a popular and preferred career choice among management students, thanks to globalization and increasing number of MNCs in India. In current times, businesses transcend geographic boundaries and therefore business managers also need to do the same. This is where management graduates who specialize in international business come into the picture.

So, let’s understand what all a career in International Business entails and how you can build one for yourself.

So, what is International Business?

Simply put, International Business is the field of study that helps one understand the international markets and manage business transactions across international borders. Look around and you will see lot of businesses tapping international markets or trying to achieve a global outlook. This management programme is a specialization that gives students an understanding of different business management practises found all over the globe. In addition to this, the study of International Business also prepares students to work abroad or with organizations engaged on a global scale.

Why should you pursue?

A very general question that pops up in our mind is  “Why an MBA in International Business?”

An International Business programme is apt for students who want to gain understanding of global markets and business practices. The global economy is growing manifold and a degree in International Business will provide you with the necessary insights into the global market. It will also equip you with ample training, knowledge and skill required to build a bright future in this domain.

This specialization can be pursued at both Undergrad and Post grad levels. Yet, a major chunk of students prefer to pursue an MBA degree first and then head onto the specialization part.

Let us walk you through programmes that offer this specialization at different levels.

Diploma in International Business

The PG Diploma in International Business (PGDIB) is a one year programme that caters to professional needs of those who do not have time for a two-year course. The diploma programme aims at preparing prospective students with necessary knowledge in marketing, exporting, importing, business, and computer applications. This will eventually help them compete in the International Business environment at different levels.

The duration of PGDIB may vary from institute to institute.

Some colleges that offer a PG Diploma in International Business include:

Institute

Duration

ITM Group of Institution

Two years

IGNOU

One year

NMIMS

One year

Symbiosis Centre for Distance Learning

Two years

Career Opportunities

After earning a diploma in International Business, students can look forward to the following job roles:

  • International Product Manager
  • Business Development Manager
  • International Financial Analyst
  • International Marketing Manager
  • Manager in an Import – Export House

BBA in International Business

The Bachelor programme with specialisation in International Business will help students gain an understanding of doing business at an international level. The objective of the specialisation is to broaden the understanding and awareness of the challenges faced by firms in the global economy. BBA in International Business offers students a chance to acquaint themselves with international business knowledge so they may pursue higher studies abroad.

In the specialization programme, students will cover various modules such as Business Accounting, International Business Environment, International Economics, Business Taxation and International Business Law to name a few.

Some of the colleges that offer BBA in International Business include:

Institute

Duration

Christ College, Bangalore

Three years

MIT School of Business, Pune

Three years

Dr. D.Y. Patil Vidyapeeth, Pune

Three years

Amity International Business School (AIBS)

Three years

Career Opportunities

On completion of this bachelor’s course, students can see themselves in desirable positions such as a Management Trainee or an Executive Trainee in the following sectors:

  • International Finance
  • Banking
  • Logistics
  • IT firms
  • Consultancy
  • Corporate sector
  • Import & Export
  • FMCG

MBA in International Business

Considering the numerous opportunities in International Business, an MBA in this field helps develop competent business managers/executives to meet the challenges of businesses operating on a global scale. This specialization aims at inculcating the required skills set covering all important areas pertaining to International Business.

The programme entails course modules such as Consumer Behaviour, Legal Aspect of Business, Foreign Trade Policy, Export Management, and Forex Risk Management, among others. 

Three prominent colleges in India that offer an MBA in International Business are:

Institute

Duration

Institute of International Trade (IIFT)

Two years

Symbiosis Institute of International Business (SIIB)

Two years

Amity International Business School (AIBS)

Two years

Career Opportunities

After an MBA in International Business, students can look forward to lucrative job roles such as:

  • International Business Consultant
  • Marketing Manager
  • International Marketing Manager
  • Investment Banking Manager
  • Global Business Manager

So, if you think that the world is your playground and business is your calling, a degree in International Business will surely put you on the right career path. For detailed information about a career in International Business and other popular career options, stay tuned to www.jagranjosh.com.

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