The global MBA specialisation: A grooming opportunity for cross cultural managers.
This masters degree program of MBA is designed to cater to the optimal utilization of the resources and demands of global managers and business houses. It is essential to develop leaders of tomorrow who seek to accelerate the career in international context. With a highly lucrative opportunities, the students find themselves highly in demand than a regular one. This becomes useful for compatriots as well in their expansion strategies. The human resources can range from employees of same country, host and even a neutral third party causing a hullabaloo and wasted resources. This is easier said than done as people from different backgrounds join as a team and their cultural behavior/ expectations are difficult to predict. An extensive research into the subject has resulted in development of the course. Overall, the ultimate goal of the program is to help MNC’s find their footing in foreign shores and maximize the profit margins. The course structure involves international business, political environment, legal Dynamics and world cultures therefore equips management with skills and talent suited to the international business environment. The program envisaged the need of managers for strategic planning and understanding of the international organizational behavior. The Masters in this stream also puts light on topics such as import and export service management. The program relies heavily on improved communication skills with a particular focus on management of multinational corporations. Emerging markets An aspiring organization aims to be amongst the well established companies to expand to the international markets. Companies are focused for recruitment of capable human resources to help ease the transition from being the store next door to the store with international appeal. The specialisation of International Business has been designed specifically to understand and troubleshoot the managerial challenges pertinent to doing business internationally. The course further dwells on international aspects of HRM, Financial services, marketing and even negotiation to leave little to imagination. Armed with case studies of top names, the course raises the flair of global entrepreneurship as well. The demand of the course surges with the sound knowledge of global markets. MBA (International Business) is about developing understanding of the resources that exist on a global level in the best possible manner. The scope of this course lies in the opportunities and the packages offered to candidates. It also provides an opportunity of traveling abroad and settling in any part of the world that is ready to provide the candidate with an alluring offer. It also provides the budding managers to gather information that is possible related to the international environment and economic conditions prevalent. The demand causes the movement of the Individuals abroad and experience the luxury of roaming the world. Career opportunities The course is a full time MBA program of 2-years duration.Candidates with excellent and multiple communication understanding and a keen interest in global economies find themselves highly appreciated. The first year is the generalistic in nature and context (providing a bridge course in management) while the second year is specialized course into the vast field international management. Core Career opportunities after program are largely related to handling a diverse set of clients as well as human resources. Further opportunities include: Exports and international Clientele handling Import Management International Marketing Global Brand equity and appeal Account Management Financial Management International Compliances Logistics and global supply chain Management International client services The opportunities and threats In times of cutthroat competition, organizations face intense competition in the nation and search for extended markets to gain profitability. The preference of Indian shores by foreign organizations is largely attributed to the vast growth opportunities available for businesses in terms of customer size. With the proliferation of international business, the demand for individuals has increased considerably. The mission of this specific course is to align the brand perception,human ethics and even training programs into the local culture, by recognizing work styles and cultural norms. A harmonious coordination by building strong interpersonal relationships through charisma, rapport and organizational climate. International assignments are an important issue to manage as well. (Whom, How, why, etc). The companies today develop social capital and require professional approach of pre- departure training. (Infosys uses Maitri as a well defined cultural sensitivity training) Improving management ability to govern task within an international cultures. The cultural disconnect causes loss of business opportunity as well as cultural fanatical devotion. (Leading to dissatisfied customers/employees). The non verbal communication cues are hardly understood by a novice and can make all the difference. Thus, cultural training is highly useful for long term association. Hence, this MBA is a specialized degree designed to develop the skill sets of managers to managing the shrinking global economy. Although on a practical approach, learning all cultural content can be difficult but by adopting popular client or work culture can be a better idea. (Remember, the area further has branches of international specialisation to propel effective management.)