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Online MBA In International Business: 2024 Guide

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Kamaldeep

21 June, 2024

Online MBA In International Business: 2024 Guide

“You cannot do everything alone–especially when you get to a certain level. It is impossible.” – Hamdi Ulukaya, founder, Chobani Yogurt

Do you love watching the sunset as it dips below the glittering skyline of Shanghai, and you are leading a high-stakes negotiation with a potential Chinese partner? The fate of a multi-million dollar deal is in your hands. You confidently deal with cultural differences and show your expertise in international trade and finance to secure a win-win outcome.

Many businesses, such as Apple, McDonald’s, Louis Vuitton, Gucci, and Prada, operate internationally. These Brands have been established in multiple countries, overcoming cultures, regulations and other barriers. If you look around, the global marketplace keeps growing. You can pursue an online MBA programme to be prepared and make an impact in your career, which is set for worldwide opportunities.

An Online MBA course in International Business can provide you with the knowledge and skills required to thrive in the business world.

As per the National University, MBA programmes with international business concentrations are rising by 3%. This shows how the scope of international business is growing. This blog will explore everything about the Online MBA in International Business, including course details, fees, syllabus and everything you need to know.

What is an online MBA in International Business?

An Online MBA in International Business is a 2-year degree course designed for students like you looking to enhance their business skills without taking a break from careers. You will experience interactive virtual sessions and live faculty interactions. You will study subjects such as Accounting, Finance, Marketing and Human Resources. This course teaches you about international trade intricacies, including import/export regulations, customs procedures, and international trade finance.

Course Name MBA in International Business
Course Type Master’s Programme
Mode Online
Eligibility • You should have a bachelor’s degree with a minimum of 50% marks from a recognised University.
• No age limit.
• Some universities may ask for a No Objection Certificate from the employer at the time of admission. (Only for Sponsored candidates).
• Some institutions may request entrance exams like CAT/XAT/GMAT/NMAT.
Duration 2 Year
Average Salary Offered It can be anywhere between INR 2 LPA to 35 LPA.
Employment Roles • Business Development Manager
• Export-Import Management
• Sales Management
• Export Manager
• Logistics Manager
• Supply chain management
• International Business Consultant
• Project manager
• Business Analytics
• Management consulting
• Human Resources
• Entrepreneurship

Why Opt For An Online MBA In International Business?

This programme is designed to fit into your schedule, offering the flexibility you need to balance your studies with your other commitments. Suppose you are looking for a programme that can provide this level of flexibility. In that case, then this can be your chance.

 The MBA in International Business degree programme is designed in a way that fits into your existing schedule and lets you balance your work life or family responsibilities. A traditional or regular degree may not allow you to carve out some time for yourself, but with an online programme, you can learn at your own pace, whenever it suits you.

  • Globally Recognised Qualification: An online MBA is not some “jugaad” (workaround). Many reputable universities worldwide now offer online programmes that hold the same weight as their traditional counterparts. So, you get the same quality education but with the added bonus of flexibility.

  • Become A Brand In International Trade: If you look around this course, you will find an interesting fact that International trade is booming. Businesses are constantly looking for skilled professionals who can help them to take them to the next level. You can help new startups and organisations to crack new markets, negotiate deals, and manage international supply chains.

  • Make Your Country Proud: If you did not get the chance to serve the nation, then this is the chance. You can become an Indian professional working in higher managerial roles with an international business qualification. You will perfectly position yourself to contribute to India’s growing role in the global economy. You could find yourself working for MNCs and helping Indian businesses expand worldwide.

Who can pursue an Online MBA in International Business?

We live in an internet era, where everything is more connected than ever. This has created an interconnected business world, allowing companies of all sizes to expand and operate globally. As a result, there is a huge demand for professionals like you who understand international markets.

An online MBA in International Business provides the necessary skill set and knowledge to thrive in this international environment. But should you pursue an online MBA in International Business? Let’s find out:

Who Can Benefit Most From An Online MBA In International Business?

If you are a working professional feeling that your growth is stagnant and want to advance your career, then consider this programme. For instance, if you are a marketing manager and want to understand customer needs across different cultures, an online MBA can help you transition into a global marketing director role. This course will let you explore such opportunities.

If you are an ambitious professional who always thinks about business and sees business potential everywhere, such as if you have found a product at a local vendor and want to take it internationally to create a global brand, then an online MBA is for you. If you have this mindset, an online MBA can help you learn about international trade, finance, and marketing, enabling you to navigate complex situations while setting up and running a global business. For instance, you can sell your handmade product locally and internationally, with customers reaching out to you from Russia, the U.S., or China. Sounds interesting, right?

What Is Online MBA In International Business Syllabus?

Take a look at the subjects being taught at MBA In International Business Syllabus:

Semester 1 Semester 2
Management Process and Organisational Behavior Production and Operations Management
Business Communication Financial Management
Statistics for Management Marketing Management
Financial and Management Accounting Management Information System
Managerial Economics Operations Research
Human Resource Management Project Management

 

Semester 3 Semester 4
Research Methodology Strategic Management and Business Policy
Legal Aspects of Business International Business Management
Elective Business Leadership
International Financial Management Elective
International Marketing Foreign Trade of India
Management of Multinational Corporations Global Logistics and Distribution Management
Export-Import Management International Business Environment and International Law
Export-Import Finance

Eligibility Requirements

  • You should have a bachelor’s degree from a recognised university accredited by a recognised body.

  • You should have a minimum of 50% marks in graduation (45% for reserved categories in most universities).

  • You may need to appear in some universities for entrance exams such as the CAT/MAT/CMAT/XAT and GMAT.

Top Online MBA Colleges For MBA in International Business

Institution Fees
Amity University Online ₹1,95,000 (Full course)
Lovely Professional University (LPU) ₹34,250 (Per Semester)
Symbiosis Centre for Distance Learning (SCDL) ₹1,50,000 (Per year)
Manipal University Online ₹1,75,000 (Course fee)
Indian Institute of Foreign Trade (IIFT)
Indian Institute of Business Management & Studies (IIBMS) ₹48,800 (Per year)

Job Roles & Salaries After Online MBA In International Business

Job Role Salary (Per Annum)
Global Marketing Manager ₹20.9 Lakh
Risk Manager ₹12 Lakh
International Sales Manager ₹12.7 Lakh
Financial Manager ₹16.9 Lakh
Operations Manager ₹10.7 Lakh
Project Manager ₹19.3 Lakh
Supply Chain Manager ₹14.3 Lakh
Business Development Manager ₹7.3 Lakh
Sales Manager ₹6.9 Lakh
Investment Banker ₹17.2 Lakh
Marketing Manager ₹12.3 Lakh
Global Business Manager ₹15 Lakh

The Final Words

You have seen every corner of an online MBA in International Business. You can now make an informed decision, knowing this is more than a qualification. It can be your chance to explore a world of exciting career opportunities.

You can consider your career goals and interests. When you are ready to take your career to the next level and make a mark on the global stage, you can confidently opt for an online MBA in International Business. The world of international business is waiting for you.

Good Luck!!

FAQs

Q1. What is an Online MBA in International Business?

An Online MBA in International Business is a 2-year degree for students enhancing business skills while working. You will have virtual sessions and live interactions, covering subjects like Accounting, Finance, Marketing, Human Resources, and international trade regulations.

Q2. Is an Online MBA in International Business worth it?

Yes, If you want to advance your business skills and career opportunities in the global marketplace without taking a career break.

Q3. What jobs can you get with an Online MBA in International Business?

You can get the jobs in various sector such as International Marketing Manager, Global Supply Chain Manager, Trade Compliance Specialist and international Financial Analyst.

Q4. How long does an Online MBA in International Business take?

An Online MBA in International Business typically takes 2 years to complete.

Q5. How much does an Online MBA in International Business cost?

The cost of an Online MBA in International Business can vary widely, typically ranging from INR 40,000 to INR 33 lakh depending on the institution.

Q6. What are the career benefits of an Online MBA in International Business?

The career benefits of an Online MBA in International Business include enhanced global business skills, increased job opportunities, higher earning potential, and the ability to work in different roles such as International Marketing, Global Supply Chain Management, and International Finance.

Q7. What skills will I gain from an Online MBA in International Business?

You will gain skills in Global marketing, international finance, cross-cultural communication and understanding international trade regulations.

Q8. Is the Online MBA in International Business degree recognised globally?

Yes, an Online MBA in International Business is generally recognised globally as it is approved by UGC-DEB..

Q9. What is the admission process for the Online MBA in International Business programme?

You can apply online through the institution’s website or visit their campus for admission details. Some programmes may require entrance exams like the GMAT or GRE, while others do not.

Q10. How are exams conducted for the Online MBA in International Business programme?

Some universities conduct exams online, while others conduct them on campus.


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