Unlocking Global Opportunities with Top MBA Programs for a Career in International Business

0
108

We’ve all had that dream sometime or the other – ourselves in the role of a hotshot executive flying from country to country to conduct business with international clients. As we grew up though, a lot of these innocent childhood dreams where we could be anything we wanted slowly got replaced by mundane reality.

Did you know that you still can realize your dreams? Some of the top MBA programs are your stairway to heaven. In this blog, we will talk about MBAs in general, and then dive deeper into one MBA specialization that is all but guaranteed to drive your career to global heights. Sounds too good to be true? Read on to know more about this MBA program.

MBA Overview

An MBA or Master of Business Administration is a postgraduate course that teaches and familiarises students with the mindset and knowledge needed to run a successful business. This course offers many specializations too, which one can opt for to get into top positions in global behemoths like Apple, Amazon, Facebook, Google, Microsoft, Samsung, and many others. Let us take a quick look at the highlights of an MBA course now.

Course NameMBA (Master of Business Administration)
LevelPost Graduation
TypesFull-Time, Part-Time, Distance, Online, Executive, Global, and Integrated
Duration1 to 2+ years
Course FeeINR 2 – 27 lakhs and above
EligibilityGraduation + Entrance Examination
Entrance ExamsCAT, MAT, XAT, CMAT, GMAT, UBSAT, GATE, NMAT, etc
SpecialisationsSales, Operations, Finance, International Business, Human Resources, Digital Marketing, Business Analytics, etc
Average SalaryINR 5 – 25 LPA
Top RecruitersMorgan Stanley, Boston Consulting Group, Citibank, Amazon, JP Morgan Chase, Google, Netflix, Adobe, Facebook, PwC, Deloitte, etc

What are Global MBAs?

Global MBA programs are just like their non-global MBA variants, in terms of both subjects offered/taught, or eligibility criteria. How they differ though, is that they offer the student to study for a semester or two in a foreign university, allowing them the opportunity to live in that country. The option to study in a foreign university is often through an elective subject. This is a two-pronged approach to reaping the benefits of a global economy – as you will be able to build a global network and increase the number of international business opportunities that will come your way.

While the International Business specialization is the most common one offering a Global MBA option, there are other dual-country MBA specializations that offer benefits to being familiar with the business dynamics in multiple economies. 

International Business MBA Programs

Global MBAs, especially in International Business or Management, actively encourage students to study in foreign countries to build up their understanding of the global economy. These courses combine foundational MBA modules like Management, Human Resources, Finance, Accounting, etc, with classes focused on international business concerns. Many MBA programs, like the one offered by Universal Business School in collaboration with the University of Salamanca, also require and offer language courses to prepare students to truly push their boundaries in a global context.

MBA in International Business Subjects

Let us now take a look at some of the common subjects that are taught in International Business MBAs across universities and colleges, globally.

General ManagementOperation Research for Business Decision
Marketing ManagementAccounting for Managers
Entrepreneurship and New Venture PlanningLegal Framework of Business
Corporate FinanceCorporate Governance and Social Responsibility of Business
Economics for ManagersBusiness Statistics and Research Methodology
International Trade and Policy FrameworkInternet Security and Cyber Laws
International Financial SystemInternational Marketing
International Business EnvironmentGlobal Strategic Management
Service Marketing and Customer Relationship ManagementInternational Supply Chain Management & Logistics
International Marketing ResearchInternational Financial Management
International Trade Practices, Procedures, and DocumentationCross-Cultural Consumer and Industrial Buyer Behavior
International Human Resource ManagementForeign Language for Business – 1
International Advertising and Brand ManagementTraining Report
Foreign Language for Business – 2Project Report

MBA in International Business Colleges

Let us now look at a few colleges that offer global opportunities through the MBA in International Management programs they provide.

Host Business SchoolPartner Universities for International MBA
London Business SchoolIndian School of Business, the National University of Singapore, IE Business School (Spain), SDA Bocconi School of Management (Italy)
HEC ParisLondon Business School, IE Business School, Yale School of Management, University of New South Wales
UBS MumbaiCardiff School of Management, IIM Indore, University of Salamanca, University of San Miguel
INSEAD-Wharton AllianceINSEAD (France, Singapore) and Wharton (Philadelphia, San Francisco, and Beijing) campuses

Scope of MBA in International Business

With the help of International Business MBA programs, many graduates from these global B schools have found successful careers and job satisfaction by being able to travel for work. With a diverse range of subjects and projects and internships, these MBA programs offer a chance to experience in person what a career defying geographical boundaries might look like.

Also Read: What to expect from an International MBA program?

Top Job Roles

Let us look at some of the top job roles that you can get with a global MBA in International Business, according to the US Bureau of Labor And Statistics (BLS).

PositionResponsibilitiesAverage Salary
Business Development ManagersAnalyze industry trends to increase prospective clients and sales.$72,049 PA
Supply Chain ManagerManage end-to-end supply chain concerns of a business, from sourcing to delivery.$86,443 PA
Finance ManagerSupervise and plan all financial operations of a company.$97,858 PA
Global Project ManagerSupervise and coordinate various departments and teams on projects of a global scale.$99,405 PA
Risk ManagerHelp businesses mitigate risk and advise them on strategies to do the same.  $116,502 PA
Source: Self-Made with data from BLS

Also Read: Exploring the Different MBA Programs offered by Universal Business School

Conclusion

The demand for MBAs in global companies is high with four in five companies projecting MBA hires every year. Some of the top MBA programs can fulfil your dream of travelling to different counties for work too, like global MBAs in International Business. This program is a surefire way to work in top management positions in some of the behemoths that span multiple continents.

FAQs

  1. What are Integrated MBAs?

Integrated MBAs are 5-year courses that combine undergraduate and postgraduate degrees of BBA and MBA into one program.

  1. Are online MBA programs as good as full-time MBAs?

Yes. Not all people can attend regular classes, especially those who are already working and/or raising families and for them, online MBAs offer equal opportunities as those who have more time to pursue full-time MBAs.

  1. Can I choose not to go outside of my country for a Global MBA?

Yes. In some Global MBA programs offered by B schools like UBS, there might be a partner university within your country where you can choose to study, instead of going to another partner university in another country. However, it is our opinion that you’ll miss out on a lot of practical experience in adjusting to a foreign economy and business environment.

  1. What is the duration of the global MBA courses offered by UBS?

The duration of the global MBA courses offered by UBS is 1 year.