Duration:
Course Type :
MBA
Eligibility :
Why International Business?
The world is now a global village. Physical boundaries no longer restrict business and other commercial activities happening between countries. International Business is a byproduct of this globalized outlook.
It encompasses the commercial activities, such as production and distribution of commodities, services, resources, etc., in the international front. The development in technology and infrastructure, communication efforts, various reforms implemented by the World Trade Organization (WTO) and the governments of different countries are the major reasons behind the increase of commercial interactions among the countries.
India is one of the countries that have made tremendous progress in the International Business sector. As per the World Bank’s Global Economic Prospects Report, India is expected to become the fastest growing emerging market in the world in the next three years, the projected economic growth rate being 7.5%. India’s new Foreign Trade Policy, 2021–26 will strive to achieve the target of a US$ 5-trillion economy and make India a leading player in the area of international trade (Tax Management India).
Today’s constantly evolving business world is in need of innovative ideas and out-of-the-box outlook among students to steer the industry towards newness. The skills required for the global careers in this sector are cross-cultural communication skills, networking abilities, adaptive thinking, collaborative nature, interpersonal intelligence, emotional intelligence, and so on.
Some of the common career options in this domain are:
- Business Development Manager – Export Marketing
- Financial Management Analyst
- Business Analyst Cum Executive Assistant
- Customer Relationship Manager
- International Marketing Executive
- Marketing Manager
- Global Business Manager
- Senior Research Analyst
- CRM Specialist
- Forex Manager
- Category Manager
- General Manager
- Branch Manager
- Regional Manager