The business industry has been growing rapidly over the years. It is a dynamic industry that has made room for many opportunities, new and old. If a business is established in its home country, it possesses the capability to spread globally.
Every business needs management experts who can help all its departments run smoothly. An MBA is required to manage a business well and help accelerate its growth.
Now, there are many branches of MBA. These branches are as follows:
- MBA in global management
- MBA in marketing
- MBA in entrepreneurship
- MBA in operations management
- MBA in engineering management
- MBA in finance
- MBA in technology management
- MBA in management information systems
- MBA in consulting
- MBA in general management
Before selecting a field, students have to consider several factors, and MBA has emerged to be the most trusted course. It not only offers a good career boost but also a good Return On Investment and is affordable.
The above-mentioned branches of MBA help you to ace the world of business. However, a lot of students get confused because of the wide variety in MBA. One of the best branches of MBA is Global MBA. It helps you develop skills that help you to cope with the dynamic business industry. It offers management skills that can be used in any business across the global.
What Is Global MBA?
A global/international MBA is usually pursued by people who have work experience and want to grow in the business industry. This branch of MBA majorly focuses on making individuals future global business leaders. It also works on developing skills necessary to ace their field. The course prepares individuals for the unforeseen challenges in the dynamic global business industry and equips them with techniques and tools that are necessary to overcome any obstacle.
Initially, you may find an MBA in Global Management similar to other branches. This is because the base of all the branches of MBA remain the same. It is only when you choose a specialization, you notice the difference between the branches. The common base courses you will find in MBA are as follows:
- Financial Accounting
- Strategic Thinking
- Project Management/Team Lead
- Human Resources
- Marketing Management
- Management Microeconomics
- Logistics/Operations Management
- Managerial Accounting
- Managerial Finance
- Data Analytics
If you are thinking that an MBA in International Management is the same as other branches when it comes to pursuing it, the case is not so. Pursuing a global/international MBA also offers to study at various destinations abroad. It also offers you the opportunity to work in the country of your choice.
Advantages And Disadvantages Of Global MBA
Advantages Of Global MBA:
- Skill Development
An MBA in International Management helps develop skills that help you grow at a faster pace in the business world. And that is why working professionals value this program so much. It opens the door to a lot of opportunities including entrepreneurship or getting the designation you desire in your choice of organization.
- Become An Entrepreneur
International MBA is a balance of theory and practical. However, you will find it more practical, which will give you the opportunity to work on your entrepreneurial projects to develop your business and management skills. What’s better than practicing what you want to achieve and getting feedback from the best people in the business industry?
- Connect And Grow
Doing an MBA in Global Management helps you grow your connections across the globe. Many business schools offer this program in various regions and give the opportunity to connect with more people. This helps one grow professionally and personally, while they get to know people from different regions, religions, and backgrounds.
Disadvantages Of Global MBA:
- New Place, New Lifestyle
If you are somebody who doesn’t like changes, opting for a global MBA may be a tough choice for you. When you go to different regions to study, you have to adapt to the lifestyle there, which is surely not an easy task.
- Higher Cost
Pursuing a global/international MBA may prove to be a costly affair. This is because of the amount of money you need to spend when studying in different parts of the world.
However, if you consider global MBA salary, the ROI is pretty good. The course is value for money and offers a good platform and placement to the students. To pursue the course you don’t necessarily have to go to a foreign land, you can pursue a global MBA in India.
Career In Global MBA
If you want to pursue a global MBA in India, there are many colleges offering you the best faculty and placement. UBS is one of the reputed business schools that offers a course in global MBA. If you are thinking about what is global MBA program, here are the details of it.
Global MBA Course Details
Here are the global MBA course details:
- Business Schools To Study From
- Universal Business School
- IIM Indore
- Cardiff School of Management, UK
- Human Resource
- Logistics and Supply Chain
- Learning Modules
- Design Thinking
- Management of Self (MOS)
- Research Paper Publication
- Consulting Aptitude Project (CAP)
- Self Assessment, Validation, and Intervention (SAVI)
- Societal Management Aptitude and Responsibility Temperament
- Leadership Development Program (LDP)
- Research Paper Publication (RPP)
- International Business
- Digital Marketing
- Lean Six Sigma
- Wealth Management and Portfolio Optimization
- Retail Management and Ecommerce
- Data Analytics with SAS
- Artificial Intelligence and Machine Learning
- International Business
- Skills Developed
- Quantitative Ability
- Data Analysis and interpretation
- Cross Cultural Awareness
- Conflict Resolution
- Working as a team
- Problem Solving
- Presentation and Oral Communication
- Negotiation (Globally)
Global MBA Eligibility Criteria
|Academics (10th, 12th & Graduation)||50%|
|Entrance Exam (CAT, GMAT, C-MAT, CET)||25%|
|Work Experience||20 months|
MBA has emerged as the most trusted course by students who aim to become management professionals in the world of business. However, there are many branches of MBA, which can confuse a student as to which one to choose. One of the favorite courses of students who aspire to become management professionals across the world is the global MBA.
While a global MBA is an excellent course with the capability to get one a management role anywhere in the world, it also helps one connect with students from different regions, religions, and cultures, helps develop necessary skills, and get many career opportunities. Every course comes with a disadvantage. However, there are only a few disadvantages of global MBA, like higher education costs and adaptability issues to a new lifestyle. There are many students who have successfully bagged jobs in various regions by pursuing a global MBA.
If you want to pursue a global MBA, it can be done in India too. One of the best business schools for the same is Universal Business School. It offers you an excellent faculty, the opportunity to study in different regions, and get the job of your dreams.
You can check out the business school and enroll in UBS’ global MBA program and ace the business industry.