What are the MBA in International Business Job Opportunities?
MBA in International Business graduates have ample scope of work both in India and abroad. Various private companies as well as government sectors dealing with international business and trade recruit candidates having a specialization in international business. There are also job opportunities for undergoing research programs like M.Phil and Ph.D. for academic and research-based jobs. MBA in International Business passouts also have job scope in transnational and multinational companies across the world.
In the era of globalization, students who have opted for an MBA in International Business have numerous lucrative career scope. They even get opportunities to travel all over the world and oversee trade negotiations and transactions.
Given below is a list of the various sectors where one can seek employment.
| Export-Import Management | Retail Sector |
| Brand Management | Travel & Tourism Dept. |
| Logistics Management | Hospitality Sector |
| International Marketing | Courier Companies |
| Foreign Exchange Management | International chain of Restaurants |
| Compliance Management | Airlines |
| MNCs | International Logistics Companies |
| Banks | State Trading Corporations Merchandisers |
The pay scale of an MBA in International Business professionals depends on the job profile, company, and work experience. MBA International Business freshers usually earn around INR 3 to 5 LPA which can go up to INR 10 to 20 LPA with experience. The salary packages of the job profiles differ but it is usually higher than that of the candidates with a general MBA degree.
Source: Payscale
Individuals well versed in the international market practices have a huge scope in terms of employment and entrepreneurial opportunities in India.
MBA in International Business Jobs in India
According to Payscale, the average salary of an MBA in International Business professionals is around INR 7.91 LPA. The salary package can go up to INR 12 LPA for fresh graduates from reputed B-schools.
Candidates are required to have a certain skill set such as international business knowledge of economies of different countries, understanding the modern trend in business, leadership, and managing business. They should have a keen interest in business, excellent communication skills, knowledge of foreign languages, persuasive ability, and confidence.
The table lists some of the probable job profiles and salary scope of the MBA in International Business graduates.
| Job Profile | Top Employers | Minimum Salary | Highest Salary |
|---|---|---|---|
| Business Development Manager | SBI Life Insurance, OYO Rooms, Standard Chartered Bank, Flipkart, Cognizant, Amazon, Max Newyork Life Insurance, Nous Infosystems | INR 2.71 LPA | INR 10 LPA |
| Marketing Manager | Axis Bank, HDFC Bank, Kotak Mahindra Bank, Mahindra & Mahindra Ltd. Amazon, HCL Technologies Ltd., SBI Life Insurance Co. Ltd., Idea | INR 2.91 LPA | INR 20 LPA |
| Operations Manager | Amazon, Genpact, HDFC Bank, TCS, ICICI Bank, HCL Technologies Ltd., Axis Bank, Wipro | INR 3 LPA | INR 20 LPA |
| Area Sales Manager | ICICI Lombard General Insurance Company Limited, Mahindra & Mahindra Ltd., HDFC, Idea, Cipla Inc., 3M Company, Kotak Mahindra Bank, MACLEOD'S Pharmaceuticals | INR 2.98 LPA | INR 10 LPA |
| Business Development Executive | JustDial, Cleartrip, Photon Infotech | INR 2.74 LPA | INR 5.57 LPA |
| Senior Business Analyst | TCS, Accenture, EXL Service.com, Cognizant, J.P. Morgan Chase & Co. (JPMCC), FIS, Evalueserve, Novartis | INR 4.43 LPA | INR 20 LPA |
| Project Manager, (Unspecified Type / General) | Infosys, Wipro, TCS, Accenture, Capgemini, Tech Mahindra Ltd., HCL Technologies Ltd., Cognizant | INR 4.69 LPA | INR 20 LPA |
| Business Manager | HCL Technologies Ltd., Groupm | INR 3.51 LPA | INR 20 LPA |
| Investment Banker | Bank of America Corp. (BOFA), The Goldman Sachs Group, Inc. | INR 3.5 LPA | INR 20 LPA |
Source: Payscale
The chart below shows the gender pay difference in MBA in International Business jobs sector.
Source: Payscale
MBA in International Business Govt. Jobs
Candidates with specialization in International Business have job opportunities in government organizations in the fields such as export and import companies, investment companies, financial institutions, and banks. MBA in International Business graduates can find jobs in the tourism and travel sector organizations under different state governments and central government in India. The annual salary package of MBA in International Business govt. employees range from INR 5 to 15 LPA.
The table below provides a list of MBA in International Business job profiles in various government sectors in 2020-21.
| Companies | No.of Vacancies |
|---|---|
| NLC India Limited | 259 |
| AI Airport Services Limited | 159 |
| Broadcast Engineering Consultants India Limited, BECIL | 1 |
| Braithwaite & Co. Ltd | 4 |
| Airline Allied Services Limited, AASL | 34 |
| National Board of Examinations, NBE | 15 |
| Goa Shipyard Limited, GSL | 43 |
| The Shipping Corporation of India Ltd. | 46 |
| Indian Railway Finance Corporation Limited, IRFC | 8 |
Source: emplomentnewsinindia.com
MBA in International Business Private Companies
With the increasing number of MNCs that are opening and/or acquiring the business in India, there has been a boom in MBA in International Business job opportunities. Freshers can get employment opportunities in various startups as well. Graduates can earn from INR 5 to 10 LPA in private companies.
The table below lists the top companies recruiting MBA in International Business graduates.
| Companies | Salary Offered |
|---|---|
| Tata Consultancy Services Limited | INR 5.53 LPA |
| J.P. Morgan Chase & Co. (JPMCC) | INR 10 LPA |
| Standard Chartered Bank | INR 9.64 LPA |
| Accenture | INR 6.51 LPA |
| Cognizant Technology Solutions Corp | INR 7.30 LPA |
Source: Payscale
MBA in International Business Jobs: FAQs
Ques. What jobs can one get with an MBA in International Business degree?
Ans. MBA in International Business graduates have a plethora of job opportunities such as Risk Management Director, Corporate Auditing Director, Real Estate Development Manager, Marketing and Sales Director, Government Affairs Director, Business Development Manager, Supply Chain Management Director, Business Analytics Manager, etc.
Ques. Is an MBA in International Business a good career option?
Ans. The scope of an MBA in International Business is very much demanding and vast with the increasing number of MNCs in India. Candidates can join various enterprises and firms after completing this degree.
Ques. What is the salary of an MBA in International Business graduate?
Ans. The average salary of an MBA in International Business ranges around INR 4 to 8 lakhs per annum. The salary package increases with experience in this field. A candidate with simply two years of experience can earn up to INR 12 lakhs annually.
Ques. What are the skills required for an International Business job?
Ans. The top skills required for successfully working in the International Business sector are as follows:
- Cross-cultural communication skills.
- Excellent networking abilities.
- Collaboration.
- Interpersonal influence.
- Adaptive thinking.
- Emotional intelligence.
- Resilience.
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