Zollege is here for to help you!!
Need Counselling

MBA IB Distance Education: Admission, Top Colleges, Syllabus, Jobs

Sounak Banerjee's profile photo

Sounak Banerjee

Associate Content Manager

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.

CheckMBA 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: 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.

Ask your question

Answered Questions

RS

Ravi Shankar Singh

16 Feb 23

Pursuing an MBA in International Business from SIIB Pune is a worthwhile investment. The institution is considered the second best option after IIFT, New Delhi, and offers a high-quality education with a diverse peer group coming from various backgrounds and parts of the country.

International Business courses are particularly valuable as they prepare students for the global nature of business today. With the increasing interconnectivity of the business world, all corporations require a global presence. Therefore, it is recommended to consider SIIB Pune as an institution for MBA in International Business.

...Show More

JT

Jayant Thakur

27 Feb 23

It's important to research the institution's alum base, the profiles offered during placement, the corporate competitions won by the business school, and the brands that frequently visit for recruitment when you are considering a suitable college for an MBA in international business. 


In terms of IIFT, it is considered a niche college for international business. However, it's important to keep in mind that the competition for admission is very tough compared to the Delhi School of Economics. It's important to keep in mind that DSE and IIFT are not in the same league. It's important for you to conduct your research and weigh your options before making a decision.

...Show More

SM

Suprakash Mitra

04 Sept 20

Between KJ Somaiya- FS, FORE IB, and PGDM in GLIM, Gurgaon which one you should choose depends on your perspective and expectation from the MBA degree. Given below is a brief discussion on the programs maintained in the question.

KJ Somaiya:

KJ Somaiya is considered one of the best MBA institutions. Situated in the finance capital of the country, Mumbai, KJ Somaiya offers excellent placements in the Finance domain.

  • Admission: Students are shortlisted for admission into the MBA in Financial Services program based on their CAT, XAT, CMAT, or GMAT score and the final selection is based on their performance in Group Discussion and Personal Interview. The total course fee is 14.93 lakhs.
  • Placements: According to the placement statistics of 2020, around97% of students have secured job opportunities. The highest and average salary packages of the institute are 28.50 LPA and 10.08 LPA respectively. The recruiting companies are - Johnson & Johnson, AT&T, Intel, Microsoft, Godrej, etc. Banking & Insurance (31%) and Finance Services (16%) are the top sectors in which students get employed.

FORE School of Management -

PGDM IB (International Business Management) is a 2 year full time course which aims at preparing students to take up careers in corporate houses and family businesses engaged in International Business Operations. It provides management education in the context of the global business environment.

  • Admission: The prerequisite to take admission to the PGDM IM program is at least 50% in graduation and valid CAT/XAT/GMAT score. The total course fee is 15.9 lakhs.
  • Placements: Major recruiters at the 2019 placement were Asian Paints, HUL, ITC, Nivea, Philips Lighting, Deloitte, Vivo, HSBC, Schneider electric, etc. The BFSI (Banking, Financial Services, and Insurance) sector made the highest offers with a total of 38% offers. The average salary package offered was around 10.8 LPA.

Great Lakes Institute of Management, Gurgaon -

It is one of the top 5 emerging MBA colleges in Delhi NCR.

  • Admission: For taking admissiona candidate should have a minimum of 50% in their graduation and a valid CAT, GMAT, XAT or CMAT.
  • Placements: The PGDM batch has a 100% placement record. The leading recruiters are Aditya Birla, Axis Bank, Deloitte, Federal Bank, Gartner, Hexaware, ICICI bank, KPMG, NIIT Technologies, SecureNow, etc. The highest and average salary package offered at the institute is respectively 13.6 LPA and 9.15 LPA. BFSI was the top sector with a 41 % placement rate.
...Show More

Similar Colleges You Might Be Interested In

No Ratings Found!!
Follow
TAPMI Manipal

TAPMI Manipal

Manipal, Karnataka |
MBA/PGDM 8.85 LFirst year Fees courses & fees >
No Ratings Found!!
Follow
No Ratings Found!!
Follow
No Ratings Found!!
Follow
Department of Commerce, University of Delhi
MBA/PGDM 48 KFirst year Fees courses & fees >
No Ratings Found!!
Follow
Amity University

Amity University

Noida, Uttar Pradesh |
MBA/PGDM 6.72 LFirst year Fees courses & fees >
No Ratings Found!!
Follow
Lovely Professional University - [LPU]

Lovely Professional University - [LPU]

Aurangabad, Maharashtra |AICTEUGC
MBA/PGDM 5 LFirst year Fees courses & fees >
No Ratings Found!!
Follow
Jamia Millia Islamia University-[JMI]
MBA/PGDM 1.05 LFirst year Fees courses & fees >
No Ratings Found!!
Follow

Subscribe To Our News Letter

Get Latest Notification Of Colleges, Exams and News

© 2024 Zollege Internet Private Limited