10 Best B Schools in India for MBA – International Business: The International Business Management programme in management education was introduced keeping in mind the global business & economy and challenges faced by any business, be it an MNC or any family business, engaged in international business and global operations. However with time, especially post pandemic things have become more demanding than ever, with newer market dynamics, trends and policy changes.
With an aim to create next generation business-leaders capable of impacting the dynamic business scenario and contribute towards making the global ecosystem healthier which has now become more important than ever, the International Business in MBA/PGDM can help in career path long term.
MBA/PGDM in I.B may actually help in career path, later
Business schools and management education have been under immense pressure to bring in changes to their curriculum and pedagogy to equip their students’ with skill sets which are in sync with global business needs and global business management.
Recruiters today started acknowledging potential business leadership qualities more than ever. Adaptability to dynamic business scenarios are now seen as key performance indicators for offering jobs.
The changing international business landscape has shifted the focus more towards preparing new age future business leaders and managers who are equipped with a strong foundation of global management. Knowledge in changing concepts of International Regulations, Policies & Laws, Cultural & Socio-economic issues; logistics, Documentation and Export-Import procedures, Data Security in International Business scenario, Global Supply Chain Management and International human resource management (HRM) are seen as long term skill sets which may not have an immediate application.
Fast changing business environment calls for faster adaptability. During the pandemic it has been witnessed that while many organisations perished some sustained and performed. Those who adapted faster, performed better.
With this ‘adapt, perform or perish’ in mind, organisations today are trying their best to identify candidates who are more adaptable to dynamic business scenarios and possess a certain degree of understanding and knowledge of global business management.
That is where an MBA in International Business may make a difference as it offers to develop the global management skills, which has become a prerequisite for any business.
Even if the role offered is not of an international location, recruiters are looking for candidates who can fit into the local, global or ‘Glocal’ market of the business and can sustain, perform and achieve.
You may thank yourself for this decision later in life.
The MBA / PGDM in IB familiarizes the students with global policies and practices followed in different contexts and cultures, which also exposes the students to international markets and helps understand the macro-economic underpinnings, global business perspective. Hence, it is believed that specialisation in International Business prepares students for working efficiently in the unseen, unexpected and VUCA situations. Thus, it sets the students apart to a great extent as they are expected to be faster change agents and better placed to be potential business leaders of the future who can navigate through global business challenges.
The campus placements and hiring patterns this year for the 2020-22 batch has been phenomenal across all B Schools. The international recruitments and global roles were also seen being rolled out in some campuses after a gap of 2 years of pandemic.
First year MBA / PGDM specialisation in International Business gives a strong foundation in general management subjects and all the basic areas of Global Business Management during the first year.
In the second year students choose their specialization in areas of Marketing, Finance, Supply chain management etc with special emphasis on the International Business perspective.
Listed are Top 10 editor’s choice for MBA/PGDM in International Business in India
|K J Somaiya
|Amity Business School
*INR in Lakh per annum
Note, Master of Business Administration in International Business (MBA International – Business) is equivalent to Post Graduate Diploma Management in International Business (PGDM International Business).