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  • Is MBA International Business a good choice to opt for higher education?

    • March 20, 2020
    • Posted By : admin
    • Comments Off on Is MBA International Business a good choice to opt for higher education?

     MBA degree program is considered to be one of the most desirable degrees after BBA. Various career options are springing forth for MBA graduate students. The graduates are offered good salary packages and relevant positions which not only garner financial security but also give them job satisfaction with good opportunities. The upcoming development in the corporate sector has given rise to a new format of MBA program, which is known as MBA International Business Area. The course work equips the students with good adaptability with specific knowledge towards the changing trends of the global market place area, thus making it a globally acceptable and desirable course among students.

     MBA program is designed in such a way that it assists graduates to handle a wide range of responsibilities and situations related to the business area. In one way,  MBA used to develop one’s in-depth knowledge by supplementing their management skills. It increases their career prospects field by making them suitable for all sectors respectively.

    It equips one with all necessary leadership qualities which help one in the corporate and industrial sector. Usually, MBA graduates get a better income than other postgraduates. They start from mid-level jobs and after that, have an added advantage from the beginning process.

    Why MBA International Business for the prospect?

    There is an immense rise in opportunities in the number of international companies that are making business and economy more global each day for employees. The countries are trying to harbour these companies to make their relevant business more smooth and functional. This has led to an increase in the demand for courses such as MBA International Business for career prospects.

    The international companies have initiated and implemented the ideas to establish, grow and expand the business abroad, which makes the scope of MBA in International Business wider among students. Along with these related factors, the course also ensures that the candidates are well-travelled across the globe while working in companies and make the most of their experiences by implementing specific strategies that will help a corporation grow towards. MBA in IB is, therefore, one of the most sought careers after degrees which has an edge of travelling, unlike other streams of MBA.

    Scope of MBA in International Business

    When it comes to the content of MBA International Business, it is all about having an understanding of the economic trends of the contemporary world along with all the resources to optimum their use. It is too easy to think that MBA in IB prepares the graduate students for international firms afterwards. They are also trained in universities in implementing the global trends in their domestic countries, thereby ensuring holistic growth towards their national and international agencies.

    The scope of  MBA in IB lies in the wide range of opportunities that some well-organized universities offer. Not only graduates are offered attractive and excellent packages, but they also develop a knack for the industry-specific depth in knowledge. The course also enables the graduate to travel abroad from companies packages and settle in any part of the world. This makes it a wholesome package among all.

    Career Options after MBA in International Business

    MBA in International Business management is hired by some of the world’s best multinational companies like

    • Bank of America
    • Walmart
    • Amazon
    • Apple
    • Cognizant
    • Capgemini
    • Deloitte
    • Wipro
    • Bharti Airtel
    • ICICI Bank
    • Accenture
    • TCS
    • BCG
    • Goldman Sachs

    With the depth in knowledge, understanding an information that is related to the international market area and the current economic conditions, the graduates can pick whatever geographical location they want to grow professionally according to their choice. The degree program has also provided the scope of getting an offer which can help the candidate to shift to a different nation as they want.

    The career opportunities are not just the giant multinational corporations for students, but the government agencies also hire those students who have pursued MBA International Business in their studies. Some of the graduates also work at non-profit organizations that cater to analytics and research in understanding global economic patterns of companies. A relevant degree obtained in International Business management can specifically get the candidates a job in a different field or as:

    • Export and import management
    • Export coordinator
    • Foreign exchange management
    • International finance
    • Administrative service manager
    • Chief executive officer
    • Consultant for an international organization
    • International logistics
    • International marketing
    • Management analyst

    The other different opportunities that exist include being a

    • global business supplier manager,
    • manager
    • project manager
    • material manager
    • investment-banking manager

    Value of MBA in International Business

    The course curriculum process is such that the graduates learn everything under the sky about specific global resources and their utilization. The graduates with  MBA in the IB field often get a job in the same field very quickly. Another additional factor of the degree is that salary packages are quite attractive as compares to other programs. The candidates are offered with a standard package starting within the range of Rs. 34,89,175 ($50,000) per annum- Rs. 59,31,597 ($85,000) per annum according to his skills and knowledge.

    Suppose the candidate displays a much more bright and promising capabilities using  MBA program. In that case, he/she can be directly up for high-profile jobs like that of an investment banker and risk analyst, with an offer of more than a salary package of Rs. 69,78,350 ($1,00,000) per annum. When it comes to the value of an MBA in International Business Program, the graduates are up for high paying job along with highly professional profile with various opportunities. Along with this, the attractive offer of the world’s travelling and gaining experience is an additional delight for students. The packages for each designation may be subject to variation , but the experience which an individual gains from the coursework makes IB an attractive field for them.

    Conclusion

    After analyzing all about “Is MBA International Business an excellent choice to opt for higher education?” We reach on the decision that always choose those career options which are in your specific area of interest and take your future in a new direction relatively.

    This article was updated on 3’May 2020.