Top 8 Jobs You Can Get with a Global MBA Degree

“Profitability is coming from productivity, efficiency, management, austerity and the way to manage the business” – Carlos Slim

The one aim of every business is to increase their profitability which is directly linked with business expansion. A professional with expertise in the niche and a strong understanding of global business are the most desirable qualities of a business leader. If you are an experienced working professional who intends to take your career to the next level or is seeking international job opportunities, you need to study business management with an international focus. And what is better than doing a Global MBA in order to open the world of opportunities? Where a regular MBA programme may fall short of the global trade and business practices, a Global MBA course is just right for you. You may be wondering what job opportunities will you get with a Global MBA programme, well this blog has prepared a list of potential job roles. But first, let’s get an overview of the Global MBA.

A Round-Up of Global MBA

A Global MBA programme is a specialised course which focuses completely on international business, developing a global mindset, learning to lead multicultural teams and fast-tracking your career growth to higher management roles. The duration of the programme can be 12 months to 2 years, depending upon the university you choose. This programme is specifically designed for experienced professionals, therefore, you can pursue it in different formats including online and hybrid modes. Moving further, the fee structure is high compared to the regular MBA course. The biggest question is, whether a Global MBA degree is beneficial for you or not. Well, this depends on your individual profile and future goals.

Also Read: The Top 6 Benefits of a Global MBA Degree

Jobs You Can Get with a Global MBA

1. Global Management Consultant: Their role is to offer guidance to organisations on issues concerning management, strategy and operations. Usually, a Global Management Consultant works with a range of clients be they public or private, he/she has to provide expert analysis and insights for improving their business performance. Another key aspect of their job is to offer project management support and oversee the implementation of a new strategy or system. However, their role will vary depending on the industry, company size and project.

• Average Salary: INR 27 LPA

• Highest Salary: INR 42 LPA

2. Global Marketing Manager: Marketing in a global context requires more than just translating domestic marketing strategies into other languages. Customers at different locations have varied needs and preferences, thus, the marketing has to be customised. A Global Marketing Manager has to research the local market trends, identify business opportunities in the international market and customise marketing approaches for different countries. Therefore, the knowledge required to hold this position needs a wider view of the international market.

• Average Salary: INR 21.7 LPA

• Highest Salary: INR 51.7 LPA

3. International Trade Advisor: An international trade specialist has to give recommendations regarding foreign trade matters and prepare the documentation required by the clients to move forward in the global market. He/she should have a strong understanding of the trade policies across borders and knowledge of the global economy. They have to track global trends and evaluate the demand for the company’s products and services. Another part of their job is to advise the company on the pricing strategy to maximise profit globally.

• Average Salary: INR 7 LPA

• Highest Salary: INR 18 LPA

4. Global Supply Chain Manager: In this job role, you have to oversee the international procurement strategies, purchasing quality materials at the best price. You will have to monitor supply chain performance, analyse data, recruit and train staff and also create business plans. Since, you have to oversee the global supply chain operations, having knowledge of the international market and trade is a must.

• Average Salary: INR 18 LPA

• Highest Salary: INR 40 LPA

5. Global Project Manager: The role of a Global Project Manager involves dealing with the internal reporting line, the technical/engineering team and the client. The scope of this job is vast wherein you have to manage diverse global teams, draft quality assurance plans, and manage the overall progress of the project. Being a Global Project Manager, you should have strong communication and interpersonal skills along with technical/niche understanding. Moving further, the day-to-day responsibilities will differ in every company and industry type.

• Average Salary: INR 14.7 LPA

• Highest Salary: INR 43.9 LPA

6. Global Commodity Manager: This job role requires diverse skills which is more than just buying commodities on a global basis. One of the biggest responsibilities they have is to minimise risk with an appropriate risk mitigation strategy. He/she must be able to understand how the global and strategic procurement policy fits the organisation’s objectives. In addition to this, he/she has to coordinate the procurement strategy for the particular commodity.

• Average Salary: INR 24.8 LPA

• Highest Salary: INR 50.5 LPA

7. Global Operations Manager:He has to ensure smooth business operations across different regions. This is a leadership position which requires you to build strong business relations, plan and drive programmes and develop an overall operational strategy at the global level. In some companies, you will have to define hiring strategies and develop strong partnerships with third-party vendors. Therefore, the exact job description will be different for each organisation, however, the overall role is similar.

• Average Salary: INR 20.4 LPA

• Highest Salary: INR 39 LPA

8. International Business Consultant:This role is an extension of management consulting but is employed by companies with international markets or are planning international expansion. The responsibility of an International Business Consultant is to research and provide management programmes in international settings. They are either required by MNCs or companies planning to enter new markets such as e-commerce companies. As the job role involves collaborating with clients from across the world, this role can be challenging, so ace your communication skills and international business knowledge.

• Average Salary: INR  12 LPA

• Highest Salary: INR 30 LPA

Bottom Line

With India becoming an attractive destination for foreign investments, the need for professionals with a strong understanding of global markets is projected to increase. A Global MBA degree can propel your career by giving access to global recruiters. The skills, knowledge, and international market understanding you will receive in this programme will help you advance your career. If you are an experienced professional seeking transformative growth in your career, a Global MBA can be a good choice for you.

FAQs

Q1. Is Global MBA a good option?

Yes, a Global MBA is a good choice if you aim to assume a management position in overseas operations of the company or seize an international job opportunity.

Q2. Is a Global MBA the same as an MBA?

A Global MBA offers an international perspective and specialised coursework related to global operations and business dealings. Whereas, the general MBA will provide you with knowledge of standard business administration.

Q3. Is Global MBA valid in India?

It depends on the university from which you are pursuing the Global MBA degree. Otherwise, a Global MBA degree is valid in India.

Q4. What are the disadvantages of a Global MBA?

One of the disadvantages of pursuing a global MBA is the high cost of education, living expenses, and other expenses.