International Business Manager
The world has become a global village in the present era. Conducting business across national boundaries presents a unique set of challenges that include diverse cultures, languages, laws and currency that add to the complexity. In today's global economy, many businesses are looking forward to expand in the international market, therefore, careers in international business are likely to grow at a faster, than the normal, rate. Almost every industry needs people with a thorough and in-depth knowledge of the principles of international business. So managers too need to be well trained in the area of international business concepts and adopt the style of working according to global standards. A degree in international management grooms you to become global leaders.
After successfully completion of this course you may find opportunities available in the export companies, merchandisers, public sector houses , Export and Import Foreign exchange services, International banks & companies having subsidiaries in other countries. With additional training, education or experience, career opportunities for international business graduates can be found in specialized roles within the fields of accounting, finance, marketing, transportation and logistics, and management information systems.
Salaries and Job Outlook*
|Median Annual Pay||INR 5.0 lacs per annum|
|Number of Jobs|
|Projected Growth Rate|
With a postgraduate degree in International Business you can seek employment in public and private sector organizations. There are wide varieties of job opportunities in banks, financial institutions, securities firms, investment companies, export/import companies and international business consultancy .As most of the international trade is done through port and aviation, these professionals can seek employment in airlines, cargo and global shipping companies. Foreign direct investment and economic development agencies also require these professionals. Moreover, they can also join travel, tourism and hospitality sector.
Salary levels for new graduates can vary greatly, and there are many factors that determine salary levels, such as who the employer is, what the level of experience of the employee is, the demand for the position, and many others. The average salary earned by an International Business Manager may range from INR 5.0 lacs p.a to INR 6.0 lacs p.a.
Education and Training
The traditional management degree is no longer sufficient to develop the skills that international business leaders require. An MBA in International business is essential for businesses and managers to succeed in today's global business landscape.
Alternatively, one can also pursue various diploma and certification programs for International business, International Trade and Export management.
Valued Traits & Abilities
India's increasing share in the world economy and rising exports require a large number of qualified professionals in this field. Skilled personnel can get employed in buying houses, international departments of MNCs and FMCG companies. Postgraduates can work in international marketing departments of export companies and multinational manufacturers such as automobile companies, electronics and computer companies and consumer durables manufacturers. Travel houses, Logistics companies, airlines and aviation are other potential places one can get employed with apart from also setting up one's own export unit after having gained substantial experience.
Some of the job titles that you can look forward to under International business management are:
Management Consultant and Marketing Manager
For boosting overseas sales, searching new business hubs and potential markets abroad, marketing professionals are desired by many export houses. International Business consultants are responsible for keeping up to date information about international markets and investment opportunities.
Export Houses and Merchandisers
Having completed a professional degree in International Business one can be absorbed in export houses or with merchandisers. The responsibilities assigned to a professional may be documentation related to export/import and liasoning with the tax & custom authorities.
This is yet another area where experts in accounting operations may be posted by MNCs where knowledge of compliances and other international norms and standards are necessary.
- American Express
- Aditya Birla Group
- AIG Private Equity
- Aviva Life Insurance