MBA Global Business Management deals with commercial transactions occurring between two or more countries or nations. This 2 year PG course covers private and governmental trades, sales, investments, logistics, transportation, etc. globally.
This program includes various areas of study including trade finance, forex risk management, foreign trade policy, foreign languages, export management, etc. The 2-year course of MBA
Some of the top institute offering this course presently in India have been listed below for students’ reference:
College Name | Admission Process | Average Course Fee | Average Initial Salary |
---|---|---|---|
Symbiosis Institute of Business Management, Pune | Entrance Based | INR 18,25,000 | INR 4-6 lacs |
Indian Institute of Foreign Trade, Delhi | Entrance Based | INR 7 lacs | INR 5-7 lacs |
Amity University, Noida | Entrance Based | INR 3.5 lacs | INR 8-10 lacs |
Lovely Professional University, Punjab | Entrance Based | INR 2 lacs | INR 5-6 lacs |
Loyola Institute of Business Administration, Tamil Nadu | Entrance Based | INR 53,300 | INR 3-6 lacs |
Checkout: Top Colleges MBA Global Business Management
Admissions to MBA Global Business Management are mostly entrance based followed by a personal interview round. Some of the well-known entrances conducted for admissions to this course include CAT, MAT, XAT, CMAT, SNAP, IIFT, etc. However, there are some colleges that offer admissions based on the marks scored by them at the undergraduate level. Check MBA Full Form
Table of Content
- MBA Global Business Management: Course Highlights
- What is the MBA Global Business Management Course All About?
2.1 Why Study?
3.2 Entrance Exams
6.1 Books
7.1 Future Scope
To be an eligible candidate, the aspirants must have successfully completed their graduation in any stream and if possible, Commerce. They must have secured a minimum of 45% aggregate at the undergraduate level. The average course fee for MBA Global Business Management in India ranges between INR 5000 - 5 lacs (approx.).
At the successful completion of the course, the graduates of MBA Global Business Management are open to a wide range of opportunities as far as their career is concerned. They may hold lucrative job positions of a Marketing Executive, Strategic Business Consultant, Global Business Management Manager, Business Analyst, Business Technical Consultant, and much more.
MBA Global Business Management: Course Highlights
The course highlights of MBA Global Business Management have been listed below. All the necessary information regarding the course is included in the following table:
Course Level | Post Graduate |
Full-Form | Masters of Business Administration in Global Business Management |
Duration | 2 years |
Examination Type | Semester based |
Eligibility Criteria | To be an eligible candidate for the same, the aspirants must have scored a minimum of 45% marks at the undergraduate level in any stream preferably Commerce from a recognized college or institute. |
Admission Process | Entrance based |
Average Course Fee | INR 5000 - 5 lacs (approx.) |
Job Positions | They may hold lucrative job positions of a Marketing Executive, Strategic Business Consultant, Global Business Management Manager, Business Analyst, Business Technical Consultant, and much more. |
Top Recruiters | They may work in areas like Shopping Malls, Healthcare Sectors, Hospitality Sector, Retail Sector, MNCs, etc. Some of the top recruiting companies which recruit these professionals include Morgan Stanley, Bank of America, Microsoft Corporation, Lehman Brothers, Citi, Johnson & Johnson, and much more. |
Average Initial Salary | INR 3-12 lacs (approx.) |
What is the MBA Global Business Management Course All About?
A brief introduction to the MBA Global Business Management course was presented below to provide students with an idea of what the subject is concerned with:
- MBA Global Business Management is a postgraduate degree of 2 years which deals with commercial transactions ( private and governmental, sales, investments, logistics, transportation, etc.) which occur between two or more countries or nations.
- The 2-year course of MBA Global Business Management includes both theoretical as well as practical studies so as to train the students as per the domestic markets and businesses on a global level or platform. This is among the most chosen courses that can be chosen by the students of any stream.
- It may also be considered as a part of Foreign Trade which indulges itself in exchange of capital, goods, services across international borders and territories.
- This program includes various areas of study including trade finance, forex risk management, foreign trade policy, foreign languages, export management, etc.
- Certain issues such as global relations, business methodologies, multicultural concerns fall within the land of Global Business Management.
- In the due course of time, the students gain a piece of extensive knowledge about important areas of study that include Marketing Management, International Marketing Management, Financial Accounting, Indian Economy, Trade Policies, Global Business Management, E-Business, E-Commerce, Global Business Management Strategy, International Trade Operation, and Documentation, etc.
Why Study MBA Global Business Management Course?
There are several reasons why students have been interested in this particular field in recent times. The following are some of the advantages of the course:
- MBA Global Business Management is a great choice for students who wish to pursue a successful career in the field of Global Business Management so as to further work in Global and Transnational Countries.
- At the successful completion of the 2-year course, the graduates are open to wide opportunities as far as their career in global business management is concerned.
- They may hold lucrative job positions of a Marketing Executive, Strategic Business Consultant, Global Business Management Manager, Business Analyst, Business Technical Consultant, and much more.
- Some of the top recruiting companies which recruit these professionals to include Morgan Stanley, Bank of America, Microsoft Corporation, Lehman Brothers, Citi, Johnson & Johnson, and much more.
- At the initial stages, these professionals are eligible enough to earn an average salary of INR 3-12 lace per annum which might increase further with an increase in the level of competence and expertise.
What is the MBA Global Business Management Admission Process?
The process of admission for MBA Global Business Management is the same as any other course. However, while applying for a course, certain essential points must be kept in mind. These essential points have been set out below:
- Candidates of the MBA Global Business Management course must meet the eligibility criteria in the same way as it proves to be a prerequisite for the same.
- Admissions to the course are mostly based on entrance examinations conducted at a national/state/university level.
- The most popular entrance exam is CAT, MAT, XAT, CMAT, SNAP, IIFT, whose scores are considered for admission to the MBA Global Business Management course.
- Candidates may continue to apply for a course by submitting a completed application form.
- Students can register for the same via either online or offline mode.
- On successfully clearing the entrance exams the students are then called up for a personal interview round to test the knowledge of the students about the respective field and subject.
What is the MBA Global Business Management Eligibility Criteria?
Matching the eligibility criteria is the primary requirement for admission to a particular college or university. The eligibility for MBA Global Business Management is as follows:
- Applicants must have qualified their undergraduate degree from a recognized institute or college in any stream.
- They must have scored or obtained a minimum of 45% of the aggregate at the qualifying examination of the undergraduate level.
- The candidate must not have any previous backlogs in any of the subjects taught at the undergraduate level at the time of admission.
- The reserved category students must have the reserved certificates as mandatory documents duly signed by the concerned authority in order to avail the opportunities at the time of admission.
- Apart from the above-mentioned criteria, different colleges might have their own points of concern which must be taken care of by the students to be an eligible candidate for the course.
Readmore: MBA Admission Process 2023
What are the MBA Global Business Management Entrance Exams?
The admission process is usually based on the merit of the students in the entrance exams. Cut-off marks are usually determined by taking the average mark scored by all candidates who have taken part in the examination. If the student manages to clear the cutoff, he or she may continue the further admission process. Once the entrances have been cleared, candidates are then asked for personal interviews to test their knowledge of the subject.
Admissions to MBA Global Business Management are mostly entrance based across India. The most important entrance exam conducted for admissions has been listed below:
Exam Name | Exam Details |
---|---|
CAT | Check Here |
MAT | Check Here |
SNAP | Check Here |
IIFT | Check Here |
IBSAT | Check Here |
CMAT | Check Here |
MAH CET | Check Here |
NMAT | Check Here |
ATMA | Check Here |
XAT | Check Here |
TISSNET | Check Here |
TANCET | Check Here |
How to Prepare for MBA Global Business Management Entrance Exams?
If the aspirant wishes to clear the entrance examinations with flying colors, he must prepare himself very well to achieve this. For the reference of the students, several tips have been given below:
- Keep the knowledge of the latest exam pattern that will help you prepare well for the exams.
- Check the most recent exam syllabus available on official websites.
- Practice all kinds of questions, including the MCQ, so that you don't get confused at the time of the examination.
- If there is a negative marking, don't go for guesswork.
- Make a newspaper read your daily habit to stay up-to-date on current affairs.
- Revise the topics prepared thoroughly until the final exam.
- Don't go to the new topics a day before the actual exam, as this might confuse you.
- Sit down for mock exams as this gives you an idea of how the exams are going to take place.
How to get Admission to a Good MBA Global Business Management College?
Getting to a reputed college is a dream for every seeker. To do this they need to prepare themselves well enough to clear the entrances and get into college. For the reference of the students, some tips have been mentioned below:
- Admission to any college requires a strong academic background. In the case of an MBA in Global Business Management, students must have successfully graduated from a recognized institute or university in any field.
- At the qualifying examination, they must acquire a minimum of 50% of the aggregate.
- Start preparing for the entrances a year before the actual examination.
- Find out whether or not the college you want to get in is good enough.
- Get an idea of the curriculum that was offered for a course in that particular college.
- Check if the college offers courses as this has been a requirement in recent years.
- Find out about the college fee structure and check if it matches your requirements.
Read More: Fellow Programme in Management Course
Which are the Top-Reputed MBA Global Business Management Colleges?
In India, many institutions are currently providing the course of MBA Global Business Management. However, the most desired and reputed ones amongst them have been listed below:
Name of the Institute | Admission Process | Average Course Fee | Average Initial Salary |
---|---|---|---|
Symbiosis Institute of Business Management, Pune | Entrance Based | INR 18,25,000 | INR 4-6 lacs |
Indian Institute of Foreign Trade, Delhi | Entrance Based | INR 7 lacs | INR 5-7 lacs |
Amity University, Noida | Entrance Based | INR 3.5 lacs | INR 8-10 lacs |
Lovely Professional University, Punjab | Entrance Based | INR 2 lacs | INR 5-6 lacs |
Loyola Institute of Business Administration, Tamil Nadu | Entrance Based | INR 53,300 | INR 3-6 lacs |
ITM Business School, Tamil Nadu | Entrance Based | INR 3,52,000 | INR 5-9 lacs |
Delhi School of Business | Entrance Based | INR 4 lacs | INR 3-6 lacs |
Institute of Business Management and Research - IPS Academy, Indore | Entrance Based | INR 2,15,000 | INR 5-8 lacs |
Galgotias University, Noida | Entrance Based | INR 10,000 | INR 3-5 lacs |
MBA Global Business Management: College Comparison
A comparison between the most reputed colleges has been given below to help the students decide which college would be the best for them and matches their requirements.
Comparison Parameters | Symbiosis Institute of Business Management, Pune | Indian Institute of Foreign Trade, Delhi | Amity University, Noida |
---|---|---|---|
Overview | SIBM Pune was established in 1978, this is a private university recognized by the AICTE. The institute is well known for its courses MBA and EMBA. SIBM is not only well known in terms of its academics but also the placements it offers to the students. | IIFT Delhi was established in 1963, the institute is accredited to the AACSB. The 6.5 acres college is located both in Delhi and Kolkata. The most popular course offered by the Institute is MBA International Business. | Amity Noida was established in 1986, this is a private university that is well known for the benchmark it sets in terms of global education by providing the students with the best theories, practices, and resources all over the world. |
Average Course Fee | INR 18,25,000 | INR 7 lacs | INR 3.5 lacs |
Admission Process | Entrance Based | Entrance Based | Entrance Based |
Ranking | Ranked 22 for MBA by NIRF Rankings 2021 | Ranked 26 for MBA by NIRF Rankings 2021 | Ranked 41 for MBA by NIRF Rankings 2021 |
Average Initial Salary | INR 4-6 lacs (approx.) | INR 5-7 lacs (approx.) | INR 8-10 lacs (approx.) |
This comparison would help the students testify the various aspects of each college and then decide accordingly.
MBA Global Business Management vs MBA Foreign Trade: Which one to choose?
A course comparison has been given below two different programs available in the field of Masters of Business Administration ie. MBA Global Business and MBA Foreign Trade. These are often the most chosen courses so a comparison will help the students decide their area of interest wisely.
Comparison Parameters | MBA Global Business Management | MBA Foreign Trade |
---|---|---|
Overview | MBA Global Business Management is a post-graduate degree of 2 years which deals with commercial transactions (private and governmental, sales, investments, logistics, transportation, etc.) which occur between two or more countries or nations. | MBA Foreign Trade is a master’s degree program of 2-years meant for teaching and providing knowledge to the students regarding various intricacies of international business and foreign trade along with several policies and aspects of the same. |
Average Course Fee | INR 5000 - 5 lacs (approx.) | INR 1 - 14 lacs (approx.) |
Job Positions | Marketing Executive, Strategic Business Consultant, Global Business Management Manager, Business Analyst, Business Technical Consultant, and much more. | Global Trade Manager, Export Manager, Foreign Trade Representative, Market Research Executive, etc. |
Top Recruiters | Morgan Stanley, Bank of America, Microsoft Corporation, Lehman Brothers, Citi, Johnson & Johnson, and much more. | Citigroup, Prada, Morgan Stanley, Walmart, Standard Chartered Bank, etc. |
Average Salary | INR 3-12 lacs (approx.) | INR 9-10 lacs (approx.) |
What is the MBA Global Business Management Syllabus?
The syllabus of the course might differ in different colleges and universities. However, the syllabus given below provides an idea to the students as to what subjects are taught within the course.
Semester I | Semester II |
---|---|
Marketing Management | Global Business Management |
Organizational Behaviour | Indian Economy and Trade Policies |
Economics and Management Decisions | Research Methodology and App Statistics |
IT for Managers | International Marketing Management |
Quantitative Techniques | Financial Management |
Financial Accounting | Human Resource Management |
Business Communication and Negotiation Skills | Domain Tailored Courses |
- | Domain-Specific Courses |
- | Industry Visits |
Semester III | Semester IV |
Commodity Training and Price Risk Management | International Trade Operation and Documentation |
International Finance Management | Cross-Cultural Management |
Econometrics | WTO and Its impacts on the Global Business Management |
Domain-Specific Courses | Merges, Acquisition, Corporate Regulation |
E-Business and E-Commerce | Global Business Management Negotiations |
International Marketing Management | Global Business Management Strategy |
Domain Tailored Courses | Domain-Specific Courses |
Dissertation 1 | Dissertation 2 |
Summer Internship | - |
The syllabus is subject to vary in different colleges and universities.
What are the Best MBA Global Business Management Books?
Books are the most important part of a course and the choice of books is much more important than that. A list of the most popularly referred books has been given below for the reference of the students:
Name of the Book | Name of the Author |
---|---|
International Business: Competing in the Global Space | Charles W.L. Hill, K Arun |
The Business Environment: A Global Perspective | Ian Worthington, Chris Britton |
Global Strategic Management | Mellahi |
Marketing Management: Global Edition | Philip Kotler, Kevin Lane Keller |
Human Resource Management: Global Edition | Raymond Andrew Noe, John R. Hollenbeck |
What are the MBA Global Business Management Job Prospects and Career Aspects?
In recent times, Global Business Management is an emerging developing field. As a result, the demand for professionals in this field is increasing. Specialized candidates in this field can find employment opportunities both in the private sector and in the government sector.
At the successful completion of the 2-year course, the graduates are open to wide opportunities as far as their career in global business management is concerned. Below given is a list of job profiles for MBA Global Business Management graduates.
Job Profile | Job Description | Average Salary |
---|---|---|
Global Distribution Manager | Their area of work involves the stock, transportation or the control of legislation, etc. However, their responsibilities may tend to vary as per the organization. | INR 8-9 lacs (approx.) |
International Human Resource Managers | They are responsible for designing, configuring as well as planning the HR strategies. Sometimes, they may be in charge of an organization for the migration programs. | INR 6-7 lacs (approx.) |
Accounts Executive | These professionals are given the work to indulge themselves in the works of various departments like marketing, copywriting, art, etc. So as to further innovate the advertising and marketing campaigns. | INR 3-5 lacs (approx.) |
International Operations Managers | Their area of work involves coordinating strategies, techniques, and operations of a firm or an organization that covers several countries of the world. | INR 7-8 lacs (approx.) |
International Training Managers | They are responsible for preparing the administrators in terms of business, initiative, HR, advancement, and training. | INR 8-10 lacs (approx.) |
What is the MBA Global Business Management Future Scope?
The field of Global Business Management is an emerging developing field. This increases the demand for professionals in this field. The specialized candidates of the field can find employment opportunities in the Private as well as the government sector. Global Business Management teaches the students about the various commercial transactions ( private and governmental, sales, investments, logistics, transportation, etc.) which occur between two or more countries or nations.
- At the successful completion of the 2-year course, the graduates are open to wide opportunities as far as their career in Global Business Management is concerned.
- If the student wants to improve their career trajectory then you can pursue a doctorate degree in MBA. A Ph.D. in management courses is known to be the highest degree that one could acquire in his or her.
MBA Global Business Management FAQs
Ques. What is the main focus of the subject?
Ques. What is MBA Global Business Management?
Ques. Which are the top institutes offering this course?
Ques. What are the eligibility criteria for MBA Global Business Management?
Ques. What are the employment opportunities after the course?
Ques. What is the average course fee for MBA Global Business Management?
Ques. What is the average initial salary for the graduates of the course?
Ques. Where can these professionals find suitable employment opportunities?
Ques. For whom the course is suitable enough to opt for?
Comments