MBA in International Business Distance Education is a 2-year course that provides comprehensive coverage incorporating all the important aspects and disciplines relevant to international business activities.
See Also: Distance MBA Course Details
The duration of MBA IB Distance usually varies from 1 to 2 years depending on the institutes offering the program. The average fee of the distance learning program is around INR 5,000 to 10,000 per semester and is comparatively lesser than the full-time MBA in International Business program.
MBA in International Business Distance Education program focuses on subjects like international business environment, management of MNCs, international business law, global marketing management, financing, and documentation, etc.
MBA International Business: Course Details
| Course Name | Master of Business Administration in International Business |
| MBA IB Course level | Post Graduation Degree Course |
| Duration of MBA IB | 2-5 years |
| MBA IB Distance Admission Process | Entrance Exam or Direct Admission |
| Top MBA IB Entrance Exam | APICET, HPCET, Karnataka PGCET, KMAT, MAH CET, PU CET |
| MBA IB Eligibility | Applicants must have a minimum aggregate of 50% in their graduation |
| Top MBA IB Distance Colleges | Indian Institute of Foreign Trade, Symbiosis Institute of International Business, ICFAI Business School, MIT WPU World Peace University, Institute Of Management Studies-BHU |
| MBA IB Fees | INR 5,00,000 to INR 17,00,000 |
Why Study MBA International Business?
- MBA International Business graduates can access a wide range of international business careers, taking on roles such as international business developer, international marketing manager, foreign policy consultant, international finance manager, and import or export consultant.
- The field offers the highest salary for managerial positions along with the opportunity for international corporate life.
- Candidates with an MBA in International Business can choose to work abroad, have better networking opportunities and earn good salaries
- Studying International Business will enable you to see how globalization has created an increasing 'connection' of businesses, markets, people and information between countries.
- In addition, the skills you develop in such a course are in high demand among employers.
- The curriculum of the course is designed in such a way that the graduates learn everything about global resources and their use.
- Graduates with an IB MBA often find a job in the same field very quickly.
- Another positive factor of the title is that the salary packages are quite attractive. The candidates are offered a normal package in the range of INR. 34,89,175 ($50,000) per year INR 59,31,597 ($85,000) per year.
MBA International Business Distance: Admission Process
Candidates can apply for admission for MBA IB Distance through national-level tests or through various university entrance exams. Some colleges or universities administer their own entrance exams.
The admission process starts with tests or entrance exams at the national level, followed by a group discussion and a personal interview. All those who pass the three rounds are selected and admitted to the desired university or college.
The first stage of the selection process consists of qualifying for the written examination.
Candidates who qualify for the entrance test are invited to phase 2, which includes group discussions and a personal interview. The final selection will be based on the results of these two phases.
Check: MBA Distance Admission
Eligibility Process
- Applicants should have a bachelor's degree. The degree must be a three-year course at a recognized university.
- Applicants must have a minimum aggregate of 50% in their graduation. There are many universities that require a minimum of 70% aggregate or even more.
- Candidates belonging to the SC/ ST/ PwD section are granted a 5% relaxation.
Entrance Exams
Entrance exams conducted by different states in India are mentioned below:
| Entrance Exam | Registration Date | Exam Dates |
|---|---|---|
| ATMA | 1st week of June 2023 | July 23, 2023 |
| CAT | August 3, 2023 | November 26, 2023 |
| CMAT | February 13, 2023 | To be Announced |
| GMAT | To be Announced | To be Announced |
| NMAT | September 2023 | November 2023 |
| SNAP | 2nd week of August 2023 | 2nd week of December 2023 |
| XAT | To be Announced | To be Announced |
How to Select a Good College for MBA IB Distance Education?
- First, find out what your career plan is and what you expect from your MBA university that offers MBA in International Business. Take stock of your career goals and aspirations, and you'll get a clear idea of which college might be right for you.
- Compile a list of MBA universities that fit into this plan. Your choice should be very important, so make a list of the universities you prefer more than others. This will help you narrow down your options significantly.
- Look closely at the faculty that teaches at the university. You have to find a balance between experience and youth.
- Good infrastructure is a key feature of a good MBA university. So if you've shortlisted a few colleges, be sure to visit the campus.
- Look for an MBA university that also offers you international exposure through an international standard curriculum, internship and internship opportunities abroad, and student exchange programs.
- Look for international connections and partnerships with renowned universities or institutes.
- If the university is on a large campus in a metropolis, the chances of becoming an excellent MBA university increase significantly.
Entrance Exam Syllabus
The IIFT exam syllabus includes Verbal Ability and Reading Comprehension (VARC), Quantitative Aptitude (QA), Logical Reasoning and Data Interpretation (DILR), and General Knowledge.
Verbal Ability and Reading Comprehension (VARC)
- Prepositions
- Analogy
- Phrases
- Grammar
- Spellings
- Matching word meaning
- Figures of speech
- Odd one out
- Current Affairs – Business & Economy
- Social Scenario in the country
- International happenings and their impact on India
- Opinion Based Abstract topics
Quantitative Aptitude (QA)
- Percentages
- Number System
- Binomial Expansion
- Arithmetic Progression
- Simple interest
- Ratios
- HCF & LCM
- BODMAS
- Median
- Compound interest
- Arithmetic Mean
- Coordinate geometry
- Standard Deviation
- Vectors
- Set Theory
- Instalments/ payments
- Permutation & Combination
- Mode
- Trigonometry
- Mensuration
- Probability
- Clocks
- Time, Speed, Distance
- Logarithm
- Geometric Progression
- Averages
- In- equations Quadratic
- Profit & Loss
- Venn Diagram
- Calendar
- Geometric Mean
- Ratios & Proportions
- Linear Equations Algebra
- Geometry
- Work & Time
- Harmonic Mean
Logical Reasoning and Data Interpretation (DILR)
- Decision Making
- Series
- Data Structures
- Blood relations
- Coding-Decoding
- Alphabetical Series
- Syllogisms
- Verbal Logic
- Visual & Critical Reasoning
- Linear & Matrix Arrangements
- Puzzles
- Family Tree Problem
- Statement & Conclusion
- Cause & Effect
- Input & Output
- Partnership
- Line Graph
- Tables
- Bar
- Pie Graphs
General Knowledge
- Politics
- Industry
- Geography
- Business
- Society
- International Affairs
- Science
- Economics
- Banking
- Awards & Awardees
- Entertainment
- Sports
- History
- Mythology
MBA IB Distance Education: Top Colleges
Top institutes/colleges for MBA IB course-
| College Name | Fees | Reviews |
|---|---|---|
| Indian Institute of Foreign Trade, Delhi | INR 17,00,000 | Check Authentic Students Reviews |
| Symbiosis Institute of International Business, Pune | INR 11,20,000 | Check Authentic Students Reviews |
| ICFAI Business School, Hyderabad | INR 16,02,000 | Check Authentic Students Reviews |
| MIT WPU World Peace University,Pune | INR 7,50,000 | Check Authentic Students Reviews |
| University Business School, Punjab University | INR 3,84,000 | Check Authentic Students Reviews |
| Jamia Milia Islamia, Delhi | INR 83,740 | Check Authentic Students Reviews |
| Amity University, Noida | INR 6,80,000 | Check Authentic Students Reviews |
| Christ University, Bangalore | INR 8,03,000 | Check Authentic Students Reviews |
MBA IB Distance Education: College Comparison
The table below shows a significant comparison of some of the best colleges considered for MBA IB course:
| Parameters | IIFT, Delhi | Symbiosis International Business School, Pune | Chandigarh University, Chandigarh |
|---|---|---|---|
| Overview | IIFT Delhi offers an MBA program in International Business. The duration of the MBA program extends two to three years depending on the campus you choose. | SIIB is a constituent of Symbiosis International (Deemed University) and is one of the highly acclaimed business schools in the country. | Chandigarh University is a private university in Chandigarh offering 200+ courses. Established in 2012, the university has one of the largest on-campus student strengths of 13211. |
| Eligibility Criteria | The candidates who have completed their graduation with 50% marks, (45% for SC/ ST/ PWD) from any government recognized university or institution and can apply to IIFT Delhi. | Candidates must have completed their Graduation with at least 50% marks or equivalent grade (45% for SC/ST candidates | Candidate must have a bachelor's degree or its' equivalent in any discipline with at least 50% marks from a recognized University/ Institution. |
| NIRF Management Rankings 2021 | 25 | 20 | 45 |
| Average Total Fee | INR 17,00,000 | INR 11, 20,000 | INR 4,34,000 |
| Average Placement Package Per annum | INR 21,08,000 | INR 34,30,000 | INR 8,00,000 |
| Top Companies Participate in Placement Drive | Cognizant, Infosys, Wipro, HUL, ICICI Bank , etc. | IDFC First Bank, ICICI Prudential, Accenture, Infosys, EY, HCL, Morgan Stanley, S&G Analytics, etc. | Microsoft, Google, Amazon, IBM, Adobe, Deloitte, Morgan Stanley, Qualcomm etc |
MBA International Business Distance Syllabus
Latest MBA International Business Syllabus breakdown tabulated below:
| Semester I | Semester II |
|---|---|
| General Management | Marketing Management |
| Accounting for Managers | International Trade and Policy Framework |
| Economics for Managers | Operation Research for Business Decision |
| Legal Framework of Business | International Business Environment |
| Entrepreneurship and New Venture Planning | Corporate Finance |
| Corporate Governance and Social Responsibility of Business | International Financial System |
| Business Statistics and Research Methodology | Internet Security and Cyber Laws |
| Semester III | Semester IV |
| International Marketing | International Marketing Research |
| Service Marketing and Customer Relationship Management | Cross-Cultural Consumer and Industrial Buyer Behavior |
| International Trade Practices, Procedures, and Documentation | Global Strategic Management |
| International Financial Management | International Advertising and Brand Management |
| International Supply Chain Management & Logistics | International Human Resource Management |
| Foreign Language for Business – 1 | Foreign Language for Business – 2 |
| Training Report | Project Report |
MBA International Business: Job Profiles
MBA in International Business can lead to the manager, management analyst and CEO careers. Below are the job profiles that can be offered after successfully completing the MBA in International Business:
| Job Roles | Average Salary |
|---|---|
| Export Manager | INR 6 Lakhs |
| Business Development Manager | INR 6 Lakhs |
| International Finance Manager | INR 10 Lakhs |
| Global Business Manager | INR 30 Lakhs |
| International Business Consultant | INR 13 Lakhs |
| Investment Banker | INR 9.25 Lakhs |
| International Marketing Manager | INR 7.25 Lakhs |
MBA IB Distance Education: FAQs
Ques. What does an MBA in International Business do?
Ans. The individual IB MBA can join the international market department of companies, international intermediary offices, import and export departments of companies, global shipping companies, the global tourism sector, international consulting companies, and international logistics and courier companies.
Ques. What job can one do after completion of MBA IB?
Ans. Career Options after MBA in International Business are: Administrative service manager, Chief executive officer, Consultant for an international organization, Export and import management, Export coordinator, Foreign exchange management, International finance, International logistics, etc.
Ques. What is the benefit of doing MBA IB?
Ans. The field offers the highest salary for managerial positions as well as opportunity for international corporate life. Candidates with an MBA International Business degree can choose to work abroad, have better networking opportunities, and earn good salaries.
Ques. What are the highest paying jobs in International Business?
Ans. High-Paying Jobs in International Business are of International Buyer, International Financial Analyst, Management Consultant, International Marketing Manager, Translator, etc.
Ques. Does MBA IB require math?
Ans. MBA IB does not require computer skills to study International Business MBA. But you need some basic math skills to do the math. Because in the first year you get some financial accounting topics, quantitative techniques, application statistics etc.
Ques. What is the average salary of an MBA in IB?
Ans. The average salary of an MBA in International Business is between INR 4-8 lakhs per year. The salary package increases with experience in this area. A candidate with only two years of experience can earn up to 12 lakhs INR per year.
Ques. Is an MBA in IB a good career?
Ans. The international business opens doors for you for a career in multinational corporations, international banks and international business enterprises. Such companies will give you great salary packages, advancement opportunities and even world travel.
Ques.What are the top colleges in India for MBA IB?
Ans. Top colleges in India for MBA in International Business are Management Development Institute, Indian Institute of Foreign Trade, Symbiosis Institute of International Business, ICFAI Business School, MIT WPU World Peace University, Institute Of Management Studies-BHU, University Business School-Panjab University, Jamia Millia Islamia, Amity University and Christ University.
Ques.What are the eligibility criteria for MBA IB?
Ans. The basic eligibility criteria for MBA IB is Applicants should have a bachelor's degree. The degree must be a three-year course at a recognized university. They must have a minimum aggregate of 50% in their graduation. There are many universities that require a minimum of 70% aggregate or even more.
Ques. Does MBA IB require work experience?
Ans. Students must have a valid GMAT or GRE score with sufficient work experience. You must have a degree from an accredited college or university with at least 50% of the final mark. A minimum of 5 years of work experience is usually required.
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