Master of Science (MS/MSc) in International Business Management is a popular study program that provides an in-depth understanding of business and management in a global context. So, here’s a guide with interesting information about the Master of Science in International Management program.
Key highlights
- MSc International Business Management: Course overview
- MSc International Business Management subjects
- Top universities offering MSc International Business and Management
- Eligibility criteria
- Application process
- Career scope
MSc International Business Management: Course overview
MSc International Business Management is a post-graduate program with a duration of 1-3 years that imparts the necessary skills and knowledge required to spot market opportunities, drive business to international boundaries, and gain success. The course adopts a multidisciplinary approach and covers aspects such as management and organisational theory, human resources and marketing influences on management, complexities of global business issues, etc.
Also Read: Complete Guide For Study Abroad Courses
It also develops leadership, communication, critical thinking, and research skills that aid strategy formulation and decision-making. During the study program, students will be able to interact and work with renowned researchers. Kindly note that the MSc in International Business Management degree differs from an MBA as the former focuses on one particular management specialisation, i.e., International Business, and the latter is an inclusive degree that covers all management aspects.
Students will gain a global perspective and learn transferrable skills while pursuing this degree. Moreover, graduates with International Business degrees have a high employability rate and can bag jobs in multiple sectors at attractive salaries.
MSc International Business Management subjects
MSc International Management subjects will provide an in-depth understanding of international business and its related aspects. Some of the popular subjects covered are:
- Dynamics of Strategy
- Global Marketing Strategy
- Managing Across Cultures
- Managing Resources in an International Business Environment
- Financial Analysis and Decision-Making
- Managing Finance and Information
- Analytics and Research Skills for International Business
Also Read: What you must know before pursuing MSc in Computer Science
Top universities offering MSc International Business and Management
Elite universities in countries like the USA, the UK, Canada, etc., offer industry-focused MSc International Business Management programs and make students job-ready. Let’s take a look at these universities:
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Eligibility criteria
Although students with different academic backgrounds can pursue this course, they need to meet some of the basic requirements to secure a seat at a well-ranked university. These conditions are as follows:
- A bachelor’s degree in Management, Marketing, Business Studies or a related field from a reputed university
- Academic transcripts (degrees and certificates)
- English language proficiency exams such as the International English Language Testing System (IELTS) and Test of English as a Foreign Language (TOEFL)
- Graduate Record Examinations (GRE)/Graduate Management Admission Test (GMAT)
- Letters of Recommendation (LOR)
- Statement of Purpose (SOP)
- Work experience (not mandatory)
The eligibility conditions may vary from one university to another. Therefore, you are advised to verify the varsity-specific requirements before applying.
Application process
A step-by-step guide to applying for an MSc in International Business study program is as follows:
- First, decide your study abroad destination, select a few universities offering this course, and shortlist the one that suits you best.
- Visit the university’s official website, check all requirements carefully, and fill out your application form.
- Prepare and appear for the English Language proficiency exam and other standardised tests.
- Apply online by visiting the official university website. Upload all the necessary documents, including academic transcripts, LOR, SOP, CV, etc.
- Once you get a confirmation letter from your selected university, make the necessary financial arrangements to pay the fees. You can apply for an education loan for students to finance your studies independently.
- Apply for the student visa 3-4 months before the course commencement.
Also Read: What aspirants must know about the May intake universities in the UK
Career scope
You can explore a range of career opportunities in different sectors after completing your master’s degree program. Some recruiters of MSc International Business Management graduates are companies like Adidas, Sony, Mercedes Benz, and KPMG, to name a few. Some of the job positions for which companies hire them are:
- International Business Analyst
- Management Consultant
- Marketing Analyst
- Business Development Manager
- Compliance Analyst
So, if you are looking for financial assistance in fulfilling your academic aspirations, Avanse Financial Services can help you. We offer a hyper-personalised education loan for students in India who are interested in studying overseas. 100% finance, multiple repayment options, and quick loan sanctions are some of the benefits of education loans offered by us. For more details, feel free to connect with us.
