Pursuing a master’s degree in International Business is a great academic choice to get detailed knowledge of international business management activities and commerce. If you are planning to pursue a Master’s in International Business (MIB), read this guide to know the top universities, how it differs from an MBA in International Business, International Business MBA subjects, and other interesting details.
Key Highlights
- Masters in International Business: An overview
- Masters in International Business subjects
- Popular universities offering MIB Courses
- Master of Business Administration in International Business: At a glance
- MBA International Business subjects
- Top colleges for MBA in International Business
- MIB and MBA in International Business eligibility criteria
- Admission process: Masters in International Business requirements and MBA in International Business degree
Masters in International Business: An overview
MIB is a post-graduate degree that equips students with the fundamentals of global business. The study program focuses on identifying challenges companies face while running international operations and steps to be taken to manage them effectively. The coursework aims to impart both theoretical and practical lessons through classroom learning, case studies, group discussions, and guest lectures from industry experts. Some of the topics covered during the program are business management studies, global relations, international business relations, marketing, etc.
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Masters in International Business subjects:
International Business Environment |
International Marketing |
Financial Management |
Statistical Analysis |
International Logistics |
Export-Import Procedure & Documentation |
Strategic Management |
E-commerce |
International Finance |
Popular universities offering MIB course
- Hult International Business School, the USA
- University of South Carolina, the USA
- Henley Business School, the UK
- The University of Edinburgh, the UK
- Smith School of Business, Canada
- The University of Sydney, Australia
- University of Wollongong in Dubai, the UAE
- Christ University, India
- Institute of Management Studies, India
- Doon Business School, India
Master of Business Administration in International Business: At a glance
Students often think an MBA in International Business and an MIB are the same. However, these are two different programs. This course covers topics related to foreign policies, export management, trade, foreign investments, and forex risk management. An MBA in International Business is valuable for professionals looking for global job opportunities in positions like Export Manager, Global Business Manager, International Business Consultant, etc.
Kindly note that an MBA is an advanced management degree focusing on international business management, whereas an MIB degree specifically focuses on business development in a global context. Each study program has its own merits, and one study program is not better than the other. Therefore, it is advised to make a well-informed decision by choosing a course that aligns with your career and academic goals.
MBA International Business subjects:
Global Financial Markets and Instruments |
Financing of International Trade |
Research Methodology |
Cross-Cultural Business Management |
Foreign Language for Business |
Supply Chain Management |
Foreign Trade and Policy |
Risk Management in International Trade |
Global Strategic Management |
Top colleges for MBA in International Business
- Yale University, the USA
- Thunderbird School of Global Management, the USA
- University College London, the UK
- University of Birmingham, the UK
- University of Alberta, Canada
- University of Melbourne, Australia
- Amity University, India
- Indian Institute of Foreign Trade, India
- Xavier Institute of Management and Entrepreneurship, India
- International Institute of Business Studies, India
MIB and MBA in International Business eligibility criteria
To study in India
You can apply for a master’s only after completing your bachelor’s degree. Also, you will have to appear for a common entrance or university-specific MBA entrance exam. The Graduate Management Admission Test (GMAT) is a widely accepted test designed specifically for MBA aspirants.
To study abroad
If you want to pursue these courses abroad, a bachelor’s degree from a recognised university is essential. Other basic requirements are as follows:
- Academic transcripts
- International English Language Testing System (IELTS) or Test of English as a Foreign Language (TOEFL)
- Graduate Record Examination (GRE)/GMAT
- Letters of Recommendations
- Statement of Purpose
- Work experience certificate (not mandatory)
Admission process: Masters in International Business requirements and MBA in International Business degree
- Shortlist the university offering the course of your choice.
- Go through the college-specific requirements and prepare for the English language and other standardised tests.
- Fill out your application form, attach all necessary documents, and submit the form either online or offline.
- Start with the visa application process once you receive the letter of confirmation from your selected university.
So, if you are planning to pursue this program at a prestigious university but financial challenges are bothering you, consider opting for an education loan. At Avanse Financial Services, we offer customised education loans with multiple benefits. Get in touch with us today to know about educational loan eligibility criteria, application process and more.
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