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PGDM International Business Top Colleges, Admission Process, Eligibility, Entrance Exams, Syllabus, Jobs, Salary, Scope 2023

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Ahana Bhaduri

Senior Content Specialist

PGDM-IB or Post graduate diploma in International Business is a specialized course offering expertise in international trade and practices, opportunity to learn work ethics of worldwide businesses and rules and regulations of import and export across the borders. 

The individuals pursuing this course are in much demand to take up managerial positions in Companies dealing in International Trades or as experts in consultancies helping businesses expand their sizes to international markets. 

It is a two-year course which includes a 4 semester and Summer Internship Program. Check MBA Full Form 

Eligibility requirement for PGDM-IB course is minimum 50% marks in 10th and 12th class, a Bachelor’s Degree in any stream with a minimum of 50% marks. Few colleges in addition to these require some years of work experience.

The average fee charged for the course is INR 9,00,000 - 10,00,000 . It can increase or decrease depending on the international and national recognition of College, facilities offered etc.

Number of Job opportunities are available to the individuals with PGDM-IB courses such as Business Analyst, Export Manager, International Finance manager, International Customer Relations Manager and they offer salaries in the range of INR 3,50,000- 16,00,000 or more. Read MBA Specialization 

Other than these careers, graduates in PGDM-IB can also take up a career in research, teaching, advising, consultancy and entrepreneurship.

See More: Top PGDM International Business Colleges in India

PGDM International Business: Course Highlights

This course gives an edge to the management student over other fields competing in the domestic market.

Course Level Post Graduate Diploma
Full-Form Post Graduate Diploma in Management- International Business
Duration 2 years
Examination Type Semester
Eligibility Bachelor's degree with 50% marks
Admission Process Entrance Test
Course Fee INR 8,00,000 - 25,00,000 
Average Salary INR 12,00,000
Top Recruiting Companies Infosys, Boston Consulting Group, Accenture, FedEx, BlueDart, ONGC, Johnson & Johnson, Microsoft Corporation, Deutsche Bank, Pepsi, Morgan Stanley among others 

PGDM International Business : What is it About?

The Post Graduate Diploma in International Business is a course aimed at developing the business and managerial skills in the student with the perspective of Global Market.

  • Students under this course learn how the interaction of the Indian market with the international businesses affect each other and how to come up with appropriate solutions to expand the business of their companies across the borders. 
  • This course opens up a number of job opportunities in Banks, Financial Institutions, Investment Companies, International Business Consultancies etc.
  • Students can either work for business dealing with International Operations Management or open their own Consultancy or Businesses after doing this course.

In today’s world of cut-throat competition, PGDM in IB broadens the opportunities available for the student. Businesses are expanding all over the world and a degree in International Business management comes handy when the jobs are shrinking in our country.

  • Variety of Industries: Students can opt for various specializations and end up in an industry of their choice such as Banks, Financial Institutions, Trade houses, investment companies, international business consultancies and export-import companies, airlines, cargo, global shipping companies etc.
  • Practical knowledge in the Business Field: Students are assigned with industrial case-studies to foster a better understanding of the business environment. Students learn to work under pressure and develop technical knowhow of business and exceptional managerial skills.
  • Entrepreneurship: Number of people want to start their own businesses but fail to do so due to lack of marketing and Business strategies. A course in PGDM-IB equips you to start your own business without worry. Consultancy firms are one viable option.
  • Easy switch to foreign market: Some people want to settle abroad and work. This aspiration becomes a lot achievable with PGDM-IB course since you already have knowledge of managing international operations and business transactions. Thus, it makes switching jobs across countries an easy task.

What is the PGDM International Business Admission Process?

Admission Process for PGDM International Business is mainly through entrance exams taken by the candidate and academic history. Here are some important points in regards to admission process:

  • People who wish to apply for PGDM-IB are required to appear for entrance exams such as CAT, MAT, CMAT, XAT etc.
  • They are simultaneously required to fill the application forms of the colleges they want to join.
  • Colleges will release their cut off and list of shortlisted candidates.
  • Selected candidates will then appear for Group discussion/ Personal Interview and other tests as per Institute requirement.
  • Candidate will be selected based on his overall performance in the tests, GD and Interviews.

What is the PGDM International Business Eligibility Criteria?

The Eligibility Criteria for PGDM IB are stated below:

  • 50% marks (Equivalent CGPA) or above in class 10th and 12th.
  • Bachelor’s degree with 50% marks (Equivalent CGPA) or above from any recognized university.
  • Some institutes may require an additional condition of work experience to be met for admissions.

What are the Top PGDM International Business Entrance Exams?

Some of the top entrance exams given by candidates to secure admission in PGDM International Business are:

  • CAT: The common admission test is conducted by the IIMs as a mandatory requirement of admitting students in Management Courses at IIMs.
  • MAT: MAT is a mandatory exam to be taken by candidates interested in taking admission in MBA and allied programs.
  • CMAT: It is a national Level Entrance exam for admissions in management programmes in top Business Schools.
  • XAT: XAT is used by more than 160 B-Schools in India for admissions.
Exam Name Exam Details
CAT Check Here
MAT  Check Here
SNAP Check Here
IIFT Check Here
IBSAT Check Here
CMAT Check Here
MAH CET Check Here
NMAT Check Here
ATMA Check Here
XAT Check Here
TISSNET Check Here
TANCET Check Here

How to Prepare for PGDM International Business Entrance Exams?

Here are some tips that will help you strategize for PGDM International Business Entrance Exams:

  • Start with questions you know, divide time between sections, double check the selected answers, don’t give extra time to tricky questions.
  • Time management is very crucial, focus more on sections other than GK, choose questions appropriately.
  • Never ever stick to one question, save difficult questions for the last, do not over stress.

How to get Admission in Top PGDM International Business Colleges?

PGDM-IB selection process includes simple stages i.e. writing MBA Entrance Exams, filling application form of the respective universities and giving GD-PI and WATs as conducted by the institutions but to get into a good college, various things should be kept in mind.

  • Maintain a good academic record. The minimum criteria for admission is 50% marks (Equivalent CGPA) or above in class 10th and 12th but top business colleges require your best performances in every field, so prepare hard.
  • Get top grades in the bachelor’s programme and show eventual progress in the academic record. Although a min. the requirement of 50% is needed to appear in exams, getting selected requires a lot more.
  • Have relevant work-experience in the field. Although experience is not a mandatory requirement in many business schools, people with good experience and leadership skills are preferred for admissions in management exams.
  • Ace the MBA entrance exams such as CAT, MAT, GMAT, XAT etc. These are compulsory requirements for applying in any management Course.
  • Start preparing in advance for the Group-discussions, Personal Interviews and Written Aptitude Test of the institutes as an excellent performance in these can get you a seat at the MBA College of your choice.

See more: PGDM International Business Cut-Offs

What is the PGDM International Business Syllabus?

A List of the core subjects in term 1 and term 2 of PGDM-IB is provided below while second year is dedicated to the electives:

Semester I Semester II
Organizational Behaviour Human Resource Management
International Economics Digital Marketing
Financial Management  International retail Business
Marketing Management  Strategic Management
Managerial Economics International Marketing 
International Intellectual Property  Management Communication
Business Environment  Data Analysis
Business Communication  Government Ethics and Policy
International Banking and Law  Social- Cultural Management
Business Mathematics Operational Management.
Semester III Semester IV
Electives Electives

What are the Top PGDM International Business Colleges?

Number of colleges providing specialization in PGDM-IB courses is few as compared to other management colleges. The selection process for PGDM-IB is similar to any MBA course and requires clearing of MBA entrance Exams. A list of top colleges providing specialization in this field is provided below for your convenience.

PGDM International Business: College Comparison

Various colleges across the country are offering courses in PGDM-IB. Although the institutes are providing specialized courses in the same fields, still minor differences make one college better than the other. Provided below is a comparison of top Business Schools offering courses in PGDM-IB. The comparison is done based on their overall ranking according to India Today, Average Fees for the Course, Average Placement offered, top recruiters and other parameters.

College Management Development Institute, Gurugram Institute of Management Studies, Ghaziabad Birla Institute Of Management Technology
Rank 7 14 21
Overview Accredited by AMBA, AICTE, NBA Accredited by AICTE and NBA. Accredited by NBA and NAAC (A+)
Average Fees INR 25,00,000 INR 7,95,000 INR 12,00,000
Average Placement INR 22,05,000 INR 6,00,000 INR 8,18,000 
Top Recruiters Hinduja Group, Average Group, Infosys Consulting, JSW Group, McKinsey Digital Colgate, Deloitte, Berger, Airtel, ITC, Kent, Godrej, Amul Infosys, KPMG, Gartner, nielsen, HDFC Bank, Oppo, Marsh, RAK, MOODY’’s Analytics, Panasonic
PGDM

Course Comparison: PGDM vs PGDM International Business

Post graduate Diploma and Postgraduate Diploma in International Business; although similar in nature have minor differences. The similarities and differences of both the courses are discussed below.

PGDM PGDM International Business
To train and produce Future managers To produce managers who can work with companies engaged in International Business Operations
New Course – Introduced 11 years back Old course- introduced 23 years back
More focus is on understanding problems that generate with linking of Indian businesses to the foreign ones. Aimed at developing improved thinking and concept building for improved decision making
Students of PGDM-IB are taught with a perspective of the global environment. Students at PGDM Course are taught generally keeping the corporate world in mind, not necessarily linked to International Business operations.

What are the PGDM International Business Job Profiles?

Below are some job positions which are bagged by a person pursuing PGDM International Business:

Job Profile Job Description Average Annual Salary 
Business Analyst Understand the changes in business processes and convey its benefits to all the stakeholders INR 3,50,000
Export Manager To manage the international shipments and ensure that they comply to the laws of the governing authority INR 5,00,000 
International Finance Manager Managing Activities such as accounting operations, grants management, donor and management reporting, budget planning and monitoring, financial analysis and forecasting etc. for the designated client INR 14,00,000 
Campaign Manager They devise and run marketing campaigns for companies INR 8,00,000
International Customer Relations Manager Helping in building strong and long term relations with clients. Also addressal of customer complaints comes under their responsibility INR 3,00,000 
Product Manager Devise the process of product release and coordinate all activities for launching a product in the market INR 16,00,000
International Marketing Manager Responsible for increasing the market share and profits of their company. INR 4,78,000
Sales Manager Responsibilities include hiring of team members, leading the sales team, overseeing their performance and developing processes for driving sales. INR 5,00,000
PGDM

What are the PGDM International Business Future Scope

As we know from the statistics above that the students in PGDM-IB have a number of job opportunities available to them. Recruiters from big companies hire these students for several managerial posts. But this course also offers further options post PGDM in international business, which is discussed below:

  • Research Organizations: Doing a PGDM-IB course doesn’t mean you can’t go into the research field. Even the research organizations are in need of management students who can work with them as business analysts or Business Analytical experts.
  • Advisor/ Business Consultant: This option is more exciting due to the fact that you can work with companies either as full-time consultants or can provide guidance outwardly as experts.
  • Teacher: one of the least mentioned career options is that of a teacher. But some people have a genuine passion for teaching and such passions should be taken forward. With PGDM-IB, you have both the option of either teaching at a business school or at a coaching facility preparing students for MBA exams.
  • Entrepreneurship: PGDM-IB course develops the analytical skills of students and instils in them Managerial and Leadership skills. These are a prerequisite for starting any successful business.

PGDM International Business: FAQs

Ques. Can the final year students also apply for PGDM-IB?

Ans. Yes, they can provide they can furnish their graduation proofs latest by 1/10/21

Ques. If there is any Company Sponsored Category, Does the company Sponsored Candidate need to send some document?

Ans. Yes, they need to download the required form from the website, fill it up and get it signed by the Company Head and send it to the institutes.

Ques. Is there any management Quota available?

Ans. Not all the admissions are done on the basis of merit.

Ques. What is the admission process of PGDM-IB?

Ans. Appear for MBA entrance exams/ fill online application forms of desired institutes and give a written aptitude test, GD-PI of the institutes.

Ques. What were the cut-offs of PGDM-IB last year at FORE Institute to get a call for the selection Process?

Ans. The cut offs for PGDM IB are CAT: 79, XAT: 81, GMAT: 600.

Ques. How is PGDM-IB course in ITM, Mumbai?

Ans .It is good with much needed industry exposure, decent infrastructure and good placement record.

Ques. What is the difference between PGDM and PGDM-IB Course in KJ SIMSR? 

Ans. PGDM is an older course with one year study in General Management and second year for specialization in a field of your choice. PGDM-IB course is designed keeping in mind the needs and requirements of International Business Operations and management.

Ques. What are the placements of PGDM-IB Course in BIMTECH?

Ans. It is quite good. Average package offered is INR 8,10,000 and average package offered to top 100 students is above INR 11,00,000.

Ques. Which is better- Fore PGDM-IB or TAPMI PGDM?

Ans. Fore, because it provides more exposure and gives better returns

Ask your question

Answered Questions

SG

Souvik Gupta

07 May 21

For an MBA in International Business, IIFT i.e. Indian Institute of Foreign Trade is the best. It offers a specialization in International Business only. 

IIFT has 3 campuses in Delhi, Kolkata, and Kakinada. The total intake for these 3 campuses is 420. 

In order to get admission at IIFT, you will have to take the entrance exam conducted by the institute. It is generally scheduled in the month of December. Here’s an inside into the International Business program offered by IIFT.

Average CTC

20 LPA

Top Recruiters 

Deloitte, H&M, KPMG, JP Morgan, etc. 

Course Fee

17.70 lakhs

SIIB, Pune is also a decent option for International Business after IIFT. It offers a decent average CTC of around 20.08 LPA (2020 placement stats) and many major recruiters such as ITC ABD, Mahindra & Mahindra, Axis Bank visit the campus placements. 

...Show More

RR

Ranjit Roy

19 Jul 21

According to some of my friends at FORE School of Management, PGDM-IB is a decent option for students interested in an MBA, providing several opportunities in the selection of specializations and placement. The points below give a brief overview of the course, specific to the stream of International Business (IB).

  • In PGDM IB, there are few papers different from the core PGDM program, which are mostly included in the later semesters.
  • Some of the relevant subjects that are included in the program are International Business Policies, Culture, and Socio-economic issues, Laws & Regulations & WTO, Export-Import Procedures, Logistics, Global Supply Chain Management, Data Security, International HR, etc.
  • The placement process of PGDM IB is totally similar to that of the core PGDM program.
  • For students in PGDM IB, the first mandatory specialization in International Business.
  • For the second specialization, students can choose any one among the others like finance, marketing, strategy, IT, etc.
Categories PGDM IB at FORE School of Management
Course Fee 15.98 lakh
Highest CTC 31 LPA
Average CTC 18 LPA
Recruiting Companies Signify, Nestle, Asian Paints, Allen Solly, etc.

These are some of the most important aspects of the PGDM in International Business offered by the FORE School of Management, which provides decent placements to students.

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SG

Sudesna Ghose

05 Apr 21

PGDM IB is a course that teaches many important things about the international market and increases one's chance of getting recruited by international companies. There are very few colleges that offer this course and K J Somaiya is one among them. 

Highlights: 

  • In International Business (IB), many important things such as International market research, Export-Import, Supply chain management, Business strategy models are being taught along with the main topics of MBA. 
  • Many foreign languages such as Spanish, Mandarin, etc are also being taught so that one can communicate and do business easily all over the world. 
  • The course structure and its faculty teach how big foreign companies have made their business successful and how they entered India and made themselves a brand.
  • The college also conducts seminars and events regularly where they invite college alumni to tell the students about their journey and the challenges they had faced during their college days. 
  • The college has also affiliated with 10 foreign universities for students exchange program to these universities so that the students can get some knowledge and experience of the working culture at big corporate companies.

So, doing a PDM IB from K J Somaiya is definitely worth it as it will offer you many opportunities.

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IM

Ishika Malhotra

10 Nov 22

She must first evaluate both courses based on her areas of interest. Both courses have advantages and disadvantages.

The IBM (insurance) course has a lower fee structure than International Business. The job profiles available for the IBM course are insurance company oriented. In contrast, the job profiles for the IB course range from sales to marketing to finance and HR depending on your specialization. BIMTECH is well-known for its IBM training. The package on offer is also very good. This year's average would be around 6.5, with more than 90% of students placed.

It is entirely dependent on your sister's area of interest. She can also look at the institute's website to see what kinds of faculties and subjects are available and then make an informed decision.

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US

Urvashi Sharma

12 May 21

The MBA in International Business (IB) course curriculum teaches students about the procedures and documentation involved in export and import, methods of approaching customers in foreign countries, currency conversation and fluctuation, raising capital from the international market, and distribution market.

An MBA in IB is a two-year program that can be completed full-time, part-time, or via distance education. It is provided by various institutions both within and outside the country.

Career opportunities after IB - 

  • With the rapid growth of the international business, the demand for individuals with an understanding of global markets has increased.
  • Students can work in both the private and public sectors. This specialization offers the opportunity to work in a global market.
  • Students can work in international market departments, international placement offices, import and export departments, global shipping companies, the global tourism sector, international consultancy firms, and international logistics and courier companies.
  • Students can also work in a financial institution, banking sector, securities firms, hospitality & travel and tourism industry.

The colleges that offer MBA (IB) in India include - Indian Institute of Foreign Trade, Amity International Business School, Noida, University of Delhi, Aligarh Muslim University, Symbiosis Institute of International Business, Pune, Banaras Hindu University, IIFT New Delhi and SIIB Pune.

Most companies at IIFT offer core IB profiles, whereas companies visiting SIIB offer a more diverse range of profiles during placements. Both are excellent Institutes for IB studies.

...Show More

HS

Harita Sama

03 Mar 23

The career prospects once you complete your PGDM from Goa Institute of Management depend largely on your specialization and the plethora of opportunities available. The overall placement has been decent but specialization-wise, there are continuous changes.

GIM is generally considered to be an average B School that does not even make it to the top 20. But its alumni have proven otherwise by achieving more than a top B School graduate. But this wasn’t a cakewalk and required a lot of determination and passion.

The career prospects are subjective and can be determined solely on your performance, specialization, and your determination. It’s not the same for all as GIM is not a top B School. You will have to pave your own way to success.

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HS

Harleen Sethi

10 Mar 23

Choosing to pursue PGDM SAP from DBS is a wise decision as you will be taught by certified SAP consultants who have over 7-8+ years of experience in the field. The University has a strong alliance with SAP Germany, which is a rare opportunity for Indian universities. This means that all that you learn here will not go to waste, as SAP has high demand in the market.

Apart from the SAP certification, PGDM SAP offers several other industry-oriented certificates from reputed institutes. Some examples are NISM Certification by NSE for stocks and shares, Six Sigma Green Belt, CII Certificate on International Logistics Management, Certificate course on E-commerce, and more. You will even receive a certification in the French language from a French faculty from France.

DBS continually adds learning opportunities for its students. In addition to the certificates mentioned above, you will also receive training in Big Data, Advanced Excel & SPSS, Social Media Marketing, and Online Recruiter Certification Program. Furthermore, you will have the opportunity to gain expertise in Computerized Accounting Tally ERP-9.0, Insurance and Risk Management, Luxury Brand Marketing/Retail Marketing, and more.

The faculty at DBS will help you in any way they can, ensuring that you receive a well-rounded education. It's an excellent choice for those who wish to gain extensive knowledge and expertise in SAP and other industry-specific areas.

...Show More

AA

Avinash Attry

10 Apr 23

Jaipuria Institute of Management and Birla Institute of Management Technology (BIMTECH) are two highly reputed institutions for management studies in India. Here are some key highlights and statistics of both institutes to help you make an informed decision:

  • Jaipuria Institute of Management:
  • Offers AICTE-approved PGDM programs at four campuses in Lucknow, Noida, Jaipur, and Indore
  • Offers various specialized courses such as PGDM in Retail Management, Financial Services, Service Management, and Marketing
  • 450+ research papers published in national and international journals
  • Strong focus on entrepreneurial development
  • Recognized by AIU, PGDM is Equivalent to MBA
  • NBA Accredited PGDM Programs
  • Excellent placement with the highest package of 18 lacs
  • Birla Institute of Management Technology (BIMTECH):
  • Offers PGDM, PGDM (International Business), PGDM (IBM), PGDM (Retail), and PGDM Executive programs
  • BIMTECH becomes the first Indian B-school to get EFMD BSIS label.
  • International alliances with international universities include the Royal Melbourne Institute of Technology, Australia, Goodman School of Business, Brock University, Canada, Missouri State University, USA, and many more.
  • MoUs with renowned international education and training providers like KPMG, LOMA, CII, IIBA, Sewa, and Swiss Re.

It is always recommended to visit the campuses of the institutes you are interested in to get a better idea of their facilities and teaching methodologies. Additionally, make sure to conduct concrete research and choose the institute that best aligns with your career aspirations and goals.

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PS

Pradeep Saini

05 Jul 21

Among the above two institutes, PGDM in International Business at FORE is definitely a better option, considering the placement statistics of recent years. The points below give a brief overview of the key highlights of the FORE School of Management, along with its major advantages over LBSIM.

  • FORE School of Management offered an average package of 10.7 LPA in PGDM IB. On the other hand, the average package in PGDM at LBSIM is 8.5 LPA, which is quite lesser than that of FORE.
  • The International Business stream in PGDM at FORE has an outstanding syllabus, in which they teach quite a number of subjects different from the conventional core subjects.
  • The placement process of both FORE and LBSIM is almost the same.
  • Most companies allow only those students in their placement drives that have at least one of the specializations mentioned in their required profile. For example, a marketing company will allow only those students who have marketing as one of their specializations.
  • For students of the 2018-20 batch in FORE, the first specialization will be International Business. You have the liberty to choose any one of marketing, finance, strategy, IT, etc as your other specializations.

Therefore, the FORE School of Business offers an excellent PGDM International Business program, which has decent placement and ample opportunities for students.

...Show More

AA

Ankit Agrawal

19 Apr 23

PGDM in International Business offered by BIMTECH is a comprehensive program that covers an array of subjects essential to understanding and handling relationships between businesses across borders. The changing standards of the industry were taken into consideration when designing the course. Additionally, students receive training in performing crucial research and taking an original perspective on subjects. There are six trimesters in the course.

For its students, the program has a lot to offer. It gives real-time knowledge and experience. BIMTECH arranges tours to inland container depots, dry ports, seaports, and airports with this objective in mind. 

Additionally, PGDM-International Business students can take an experienced course through BIMTECH called E-Lab and Business Models. This training is especially intended for students who want to start their own businesses. In trimesters 3, 4, and 5, BIMTECH further provides elective courses as a part of the General Bouquet Electives. Every student must participate in a 10–12 week summer internship.

Students from BIMTECH's PGDM in International Business program are hired by prestigious organizations like Amazon, KPMG, Infosys, and Nielsen. Those who successfully complete this course have the opportunity to find good jobs in booming industries, including banking, insurance, FMCG, and EduTech. Former BIMTECH students now work for organizations like J.P. Morgan Chase, Hewlett Packard, and Hindustan Petroleum in executive positions. 

All in all, the program seems to offer a lot in terms of opportunity.

...Show More

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