Last Updated on December 24, 2022
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MBA is one of the most popular professional programs for Indian students pursuing higher education in India and abroad. An MBA in International Business degree is usually earned in two years, but also can be completed in one year by accelerated programs.
MBA in International Business program is also known as an MBA in International Management course abroad and is one of the sub-sector programs of Business management.
The course primarily focuses on providing information about the global economy and developing one’s managerial skills along with communication skills.
The MBA in International Business Abroad program is available as a 1 year (full time) or 2 years (part-time) for international students and provides an insight into international business management and the global economy.
MBA in International Business Abroad course fees can be quite expensive and can range from 22,440 USD to 50,000 USD depending on the country you are studying in. Applicants can apply for scholarships and even take the help of student loans to experience higher education abroad.
Masters in International Business Management Abroad: Eligibility
MBA aspirants should be aware of the admission requirements before enrolling themselves in any B school abroad. GMAC (Graduate Management Admission Council) states that on an average 29,000-30,000 Indian students take the GRE, GMAT tests, out of which nearly 80% apply to study abroad programs.
The basic eligibility requirements for admission in an MBA in International Business program abroad are as follows:
- A 3 years Bachelor’s degree certificate from a relevant university.
- GMAT or GRE score (only a few colleges accept the GRE scores).
- English proficiency scores, TOEFL, or IELTS or PBT scores are required.
An MBA in International Business is ideal for those looking to understand and practice business management on the global level. The program helps develop one’s managerial skills providing an individual with a broad understanding related to business and finance analysis, along with guiding an individual to deal with customers, providing the study of business-specific markets that are dealt on a large scale.
International Business Management job responsibilities include controlling business management tasks under various job titles. Some of the job profiles and their pay scales are tabulated below.
|Job Profile||Average Salary||Job Growth|
|Risk Management Director||119,471 USD||7%|
|International Financial Management||127,990 USD||19%|
|Real Estate Development Manager||95,831 USD||8%|
|Marketing and Sales Director||75,808 USD||7%|
|Government Affairs Director||98,112 USD||7%|
|Business Development Manager||51,381 USD||9%|
|International Marketing Manager||134,290 USD||10%|
|Budget Analyst||75,699 USD||7%|