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Master of Business Administration [MBA] (International Business) From HPU, Shimla

Shimla, Himachal PradeshState UniversityEstd 1970
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Master of Business Administration [MBA] (International Business) 
first year fees:  ₹7,100
2 YearsFull Time
Year12
Total Year Wise fees7,1005,850
Total Fees₹7100₹5850
Tuition fees₹7100₹5850

HPU Upcoming Application Dates 2024

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Expired Events

EventsDates
Result Declaration [MBA]Jul 22, 2024
Date of GD/ Interview for Non-Subsidized Seats[MBA]Jul 15, 2024 - Jul 20, 2024
Result Declaration [MBA]Jul 12, 2024

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Course Description

MBA in International Business is a two year post graduate degree in management. Graduates in any stream can opt for it. International Business is one of the most trending specializations in MBA these days. Many industries and organization are hiring the Graduates of “International Business” to represent their company at international level.

Top Institutes offering this course are:

Candidates with excellent communication skills, a keen aptitude towards business and having interest in economies of different countries, are most suitable for this course. MBA IB will enable them as managers who understand the strategies and trends of global economy and apply this to improve the country’s export management.

MBA IB program was first started as Master in International Business in America in 1946. In India it was started as the Indian Institute of Foreign Trade (IIFT) was established in 1963 by government of India. In current scenario most of the B schools of country are offering this course as International Business is the most demanding sector in any country economic growth.

MBA International Busines: Course Highlights

Course Name

MBA International Business

Duration

2 years (4 semesters or 6 trimesters)

Eligibility

Graduation in discipline

Admission Process

Entrance test + GD + PI

Course Fee

INR 10 to 15 Lakhs

Course features

Export and Import Management, International Marketing, Foreign Exchange Management, International Finance etc.

Average salary offered

INR 5 to 12 LPA

Top recruiting companies

McKinsey & Company, Citi Bank, Bank of America, Deutsche Bank, Goldman Sachs etc.

MBA in International Business is offered in both part time and full time mode. It is offered in executive mode also for the working professionals. You can also opt for correspondence mode by taking weekend classes. Many institutes and universities offer such programs.

MBA International Business: What is it About?

The objective of the course is to help professionalize the foreign trade management of country and increasing the exports and imports by generating, analyzing and conducting research. MBA IB course mainly focuses on developing a capable workforce within the country who has a complete understanding of the changing international business scenarios so that they can weigh and analyze the impact of those changes in domestic market.

MBA International Business: Top Institutes

Following are some top institutes for MBA IB course-

College Name Location Average Fee (in INR)
Indian Institute of Foreign Trade Delhi  8,01,000
Symbiosis Institute of International Business Pune 6,25,000
ICFAI Business School  Hyderabad 6,25,000
CMS Business School Bangalore 3,88,000
Nirma University Ahmedabad 5,46,000
Institute Of Management Studies, Banaras Hindu University Varanasi  85,000
University Business School, Panjab University 16,400
SRM Business School Lucknow --

MBA International Business: Eligibility

Candidates can apply for MBA IB course if they possess one of the following-

  • Recognized Bachelor's degree of minimum 3 years' duration in any discipline
  • Candidates appearing for a qualifying examination can also apply only if they submit the proof of requisite qualification before the commencement of the session
  • There is no Age limit for taking admission in this course. 

MBA International Business: Admission 

Mostly B schools offer admission in MBA IB through entrance exams. Although there are some institute which provide direct admission to the students either on merit basis or on management quota basis.

Entrance tests for MBA IB

Test

Institutes

CAT

IIMs and several other B schools

XAT

XLRI, its associates and other B schools

CMAT

B schools approved by AICTE

IIFT

IIFT Delhi and Kolkata Campus

SNAP

Symbiosis University and its institutes

Selection Process for MBA IB

Selection process in most of the B schools is almost similar.

Every institute follows the following steps to provide admission-

  • First stage of selection process is qualifying the written test
  • Candidates who qualify the entrance test are called for stage 2, which includes Written Ability Test, Group Discussion and Personal interview
  • Final selection is done on the basis of scores of these two stages. Candidate’s past academic performance, and work experience is also considered for final selection. 

MBA International Business: Syllabus and Course Description

MBA IB course structure is same as other MBA courses. First year of course consists of core subjects of management in form of classroom lectures, workshops and seminars. After completion of first year students go for summer internship. From second year the specialized courses are taught and also the electives are chosen in the second year.

Following flow chart shows the basic course structure of MBA IB-

The academic curriculum is designed so as to incorporate a professional approach to international business environment.

Courses with focus on IB

Following are some common subjects from which one can choose the electives for their specialized course-

Course

Description

International Supply Chain Management

The course explores the main issues in international logistics (IL) and supply chain management (SCM) to underline their strategic importance to firms.

International Marketing

International marketing is simply the application of marketing principles to more than one country

Financial Derivatives and Risk Management

Study of derivatives that can be used either for risk management

Financing of International Trade

Study of international trade and finance

International Contract Management

Study of various contracts used in business

Managing Global Compliance in Exports

Management of global agreement in export is taught

International Human Resource Management

The overall aim of the course is to educate you as a Human Resource Manager in an international context and improve the quality of your professionalism

International Advertising and Brand Management

What is use of advertising and branding in international markets

International Supply Chain Management and Logistics

Study of management of the flow of goods and services at international level

Foreign Language for Business

Students have the choice to select the foreign language. Mostly institutes teach French, Spanish, Mandarin etc.

Above mentioned subjects are taken form common curriculum of some universities/institutes. These courses may vary from college to college. 

MBA International Business: Career Prospects

MBA IB graduates have immense opportunity in current market.  Career options after this course are increasing so rapidly. International business degree holders are often required due to increasing globalization and the growing number of businesses currently competing on the international stage

Following are the functional areas for MBA IB graduates-

  • Export Import Management
  • Brand Management
  • International Marketing
  • Logistics Management
  • Compliance Management
  • Foreign Exchange Management

MBA IB: Top Recruiters

International Marketing Departments of Companies having exports aboard have multiple opportunities for MBA IB graduates. Following are some top recruiting companies-

  • Citi Bank
  • HDFC Bank
  • ICICI Bank
  • Amazon
  • Google
  • HSBC
  • Axis Bank
  • Accenture
  • WIPRO
  • Cognizant
  • IBM etc.

 Apart from global companies that compete on international markets, such as airlines and chain restaurants, graduates of international business MBA program often find careers within government agencies, nonprofit organizations and banking.

MBA IB: Job profiles

Master of Business Administration in International Business can lead to careers like management analyst, administrative service manager and chief executive officer. Following are the job profiles that can be offered after MBA IB-

  • Business Development Manager
  • Export managers and executives
  • International Business Consultant
  • International Finance Manager
  • International Marketing Manager
  • Global Business Manager
  • Investment Banker

Salary trend of MBA IB graduates depends on job profile, company and work experience. Mostly account managers with this degree earned from 3.6 LPA to 6 LPA average at this time, while international sales managers primarily earned between 4.80 and 12 LPA. The range is 4.0 to 8.0 LPA for most business development managers. Marketing managers make from 3.6 to 10 LPA on an average.

Following graph shows the salary trend according to job profiles-


Following graph is for top recruiting companies and their salary trend-

salary graph 2

   

Eligibility Criteria

Aspirants seeking admission to 2 year Full-time MBA Program should have any first bachelor's degree of a university, established by law in India, at least with 50% marks(45% maks in the case of Scheduled Cast/ Scheduled Tribe candidate). The students who have completed and are appearing for their final bachelor degree examination shall be allowed to appear in Himachal Pradesh University Management Aptitude Test (HPUMAT).

Course Details

* Non-Subsidised students have to pay Rs. 1,00,000 /- per annum in addition to the normal fees.

**Note: Hike of fees subject to change from time to time as per Himachal Pradesh University rules.

For Girls Subsidized Category : 

1st Year Fee: 4,450 (Total Fee)

2nd Year Fee: 3,450 (Total Fee)

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