Post Graduate Program (PGP) in International Business

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Waqar Niyazi

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PGP in International Business is a 1 to 2- year long, full- time, autonomous, industry- based postgraduate program that involves substantial project work in the curriculum. The program intends to develop in eligible students, competency in disciplines and skills associated with business strategy. It aims to provide adequate guidance to think through international business strategies with a global perspective.

Note: Students who wish to pursue their education in Management field or get a career boost, can check: MBA course.

Admission to the course is based on performance in a relevant entrance test specific to the concerned university, academic profile, and interview. The average tuition fee charged for this course in India ranges between INR 2 and 18 Lacs.

Successful postgraduates of PGP in International Business are lucratively hired in a range of related organizations such as Goldman Sachs, Deloitte, PricewaterhouseCoopers, Cognizant, and Amazon. They are hired in capacities such as Business Development Manager, International Marketing Manager, International Financial Analyst, International Product Manager and Procurement Manager in import- export houses etc.

The average annual starting salary offered in the country to such postgraduates ranges generally between INR 4 and 20 Lakhs, increasing with experience in the field.

PGP in International Business: Course Highlights

Tabulated below are some of the major highlights of the course.

Course Level Post Graduate
Duration 1 year/ 2 years
Examination Type Semester System
Eligibility Graduate in any discipline from a recognized university
Admission Process Based on counselling after clearing Entrance Tests
Course Fee INR 2 to 18 Lakhs p.a.
Average Starting salary INR 4 to 20 Lakhs p.a.
Top recruiting companies Goldman Sachs, Deloitte, Pricewaterhouse Coopers, Cognizant and Amazon etc.

PGP in International Business: What is it About?

PGP in International Business has been designed to explore in detail the nature and implications of advancements and changes in the global business scene, and provide students with the requisite skills and mind-sets for operating effectively within existing and future organizations.

Students enrolled to the course are taught export- import policies, documentation, international finance, and functioning of various financial institutes and the banking sector. The program emphasizes contemporary issues such as international commercial law, business environment, India's foreign trade policies, nuances of international marketing, besides other intricacies of corporate management.

The course aims to equip existing and prospective managers with the necessary competency to formulate strategies in the ever- evolving global business scenario.

International Business examines the relationships between different countries and in the context of business. Enrolled students are trained to negotiate, strategize, and lead major companies. The curriculum is designed to build managerial skills, understanding of corporal initiatives, global economic, political, legal and cultural realities, and trans- geographical networks.

Marketing, Finance and Operations are three of the areas of focus in the course curriculum.

PGP in International Business: Who Should Opt?

The program is best suited for:

  • Middle to senior level professionals who are in the key decision making roles in an organization.
  • Organizations expanding/ planning to expand their operations to international markets. Entrepreneurs and professionals of these organizations are best suited for the program.

PGP in International Business: Top Institutes Offering the Course

Compiled here is a list of the top institutes in India offering the course along with their respective locations, minimum eligibility, and fees charged by each.

Name of Institute City Course Length Eligibility  Average Fees
Symbiosis Centre for Distance Learning Pune 2 years Graduation INR 25, 000
NIIT Delhi 1 year Graduation INR 3.2 Lakhs
IGNOU Delhi 1 Year Graduation INR 9,000
AIMA Delhi 2 years Graduation INR 26,000
MDI Gurgaon 2 years Graduation INR 18 Lakhs
Loyola Institute of Business Administration Chennai 1 Year Graduation
IMS Jhansi 2 years Graduation INR 15,000
BIMTECH Noida 2 Years Graduation INR 11 Lakhs

Eligibility for PGP in International Business

For applying to the course, aspiring candidates need to have a Bachelor’s degree in any discipline from a recognized/ accredited institute, although a Bachelor’s degree in International Business/ SAARC affairs is preferred.

Students who have appeared in their final year examination of a relevant Bachelor’s degree program, and are yet to pass its final year examination, are also welcome to apply, subject to a successful completion of their Bachelor’s degree program/ graduation within a certain time period.

Additionally, applicants need to be working professionals/ self- employed (with sufficient proof supporting the same). A minimum of 5 years of work experience after the completion of graduation is required.

Seats are reserved for SC/ ST/ PH/ OBC candidates as per Government of India rules applicable to those who fulfill the minimum eligibility criteria.

PGP in International Business: Admission Process

Selection to the course is based on candidates’ performance in any of the relevant entrance exams held by the concerned university. The general process involves a pre- screening of the candidates based on their:

  • Academic Profile (20%)
  • Entrance Test (50%)
  • Personal Interview (30%)

Entrance Test:

The question paper for the exam is QMR format- based, designed to test the student’s aptitude and logical reasoning. These examinations are generally conducted in the month of April.

The online test consists of the following components of assessment:

  • Verbal Ability (30%),
  • Data Interpretation and logical reasoning (30%)
  • Quantitative Aptitude (30%),
  • General Knowledge on Financial Markets (10%)

The online objective test lasts for 2 hours and carries a negative marking of 0.25 marks for every incorrect answer.

Lateral Entry:

There are a few colleges in India which offer the option of lateral entry to the course on the basis of graduation completed with an adequate aggregate score.

PGP in International Business: Syllabus and Course Description

A semester- wise breakup of the course’s syllabus is given here.

SEMESTER I

Principles and Practices of Management
Organizational Behavior
Management Accounting
Managerial Economics
Business Communication

SEMESTER II

Course Title
International Economics
International Business Management
Economic Environment and Business
Management Information Systems
Research Methodology and Statistical Quantitative Methods

SEMESTER III

Course Title
International Commercial Law
International (Trade) Logistics
Financial Institutions and Banking
Strategic Management
Foreign Exchange Management

SEMESTER IV

Course Title
International Marketing
Marketing Research
Exim Policies and Procedures
International Finance
Corporate Governance

PGP in International Business: Career Prospects

With a current exponential increase in international trade, successful postgraduates of PGP in International Business are lucratively hired in both private and government organizations.

They are hired in departments such as Business Division, Import and Export, global logistics, shipping, airlines, global tourism, international consultancies, and international courier companies, manufacturing companies, banks, government agencies, financial institutions. 

The discipline is a combination of segments such as marketing, documentation, shipping and packaging, pricing, sourcing, costing, distribution, market research, export finance and foreign exchange.

In the public sector, jobs are offered in organizations such as:

  • State Trading Corporation
  • Mineral Trading Corporation
  • World Trade Organization
  • United Nations Conference on Trade and Development
  • International Monetary Fund
  • World Bank

Postgraduates of PGP in International Business are hired in areas such as:

  • Export- Import Management
  • Marketing
  • Brand Management
  • Key Account Management
  • Finance/forex Management
  • Compliance Management
  • Logistics Management
  • Retail chains
  • Shopping Malls
  • Office Complexes
  • Hospitality Chains
  • BFSI Corporations
  • Multinational Corporations
  • Travel and Tourism
  • Healthcare Sector
  • Securities Firms
  • Investment Companies.

Since most of the international trade is carried out through port and aviation, these professionals can find ample employment opportunities in airlines, cargo, and global shipping companies. Foreign direct investment and economic development agencies also hire these professionals. Moreover, they can also join travel, tourism, and hospitality sectors.

Some of the top recruiting firms for such postgraduates include ,McKinsey, Boston Consulting Group, Bain & Company, Merrill Lynch & Co, Deloitte Consulting, LLP, Lehman Brothers, JP Morgan Chase & Co, Goldman, Sachs & Co, Accenture, Johnson & Johnson, Credit Suisse, Deutsche Bank, Morgan Stanley, UBS, Bank of America, Microsoft Corporation, Prada, Landmark, Walmart, Citigroup, Wells Fargo, Circle K, Marks & Spencer, Standard Chartered Bank, among others.

Listed here are some of the popular job positions offered to successful postgraduates of the discipline with the corresponding job descriptions and salaries offered.

Annual Salary For PGP IN International Business
Job Position Job Description Average Salary
Export Managers As middlemen, Export Managers plan and coordinate the international shipment of goods. INR 6 to 6.77 Lakhs per annum
Marketing Analysts Specializing in international business, Management Analysts head overseas branches of the organization and advice companies on how to improve. They are hired by big and small companies alike to help improve a company's infrastructure. INR 4 to 5 Lakhs per annum
International Finance Manager Typical duties include reviewing financial reports, monitoring accounts, and preparing activity reports and financial forecasts. Financial Managers also investigate ways to improve profitability, and analyse markets for business opportunities, such as expansion, mergers or acquisitions. INR 15 to 16  Lakhs per annum
International Business Consultant International Business Consultants provide information and advice to Canadian companies about doing business with or in other countries. They may work for management consulting companies, companies already operating in international markets, or companies planning international expansions or investments. INR 9 to 10.33 Lakhs per annum
International Marketing Manager Develop and implement strategic international marketing plans for an organization. The position requires a bachelor's degree in business, marketing, or related area, and at least 7 years of experience in the field. INR 5 to 6  lakhs per annum
International trader Responsible for coordinating credit and financial activities and obtaining payments for import/ export operations. They act as advisors on matters of tariffs, markets, and federal and foreign regulations. INR 7.7 to 9 lakhs per annum
Investment Banking Managers Investment Bankers help their clients raise money in capital markets by issuing debt or selling equity in the companies. Other job duties include assisting clients with mergers and acquisitions (M&As), and advising them on unique investment opportunities such as derivatives. INR 9 to 10 lakhs per annum

PGP in International Business: Suggested Reading Material

Listed below are some books suggested to candidates aspiring to qualify the relevant entrance exams for admission to the course.

  • MBA Fundamentals International Business Paperback by Rajesh Lyer
  • MBA Fundamentals Business law by Ellen K. Curry
  • Leading with Cultural Intelligence: The Real Secret to Success by Paul Polman
  • Global Tilt: Leading Your Business Through the Great Economic Power Shift by Inge Thulin
  • The Success Equation: Untangling Skill and Luck in Business, Sports, and Investing by Michael J. Mauboussin.

Post Graduate Programme in International business : 6 answered questions

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Ques. Is it worth to do MBA in international business from SIIB Pune?

● Top Answer By Ravi Shankar Singh on 16 Feb 23

Ans. Pursuing an MBA in International Business from SIIB Pune is a worthwhile investment. The institution is considered the second best option after IIFT, New Delhi, and offers a high-quality education with a diverse peer group coming from various backgrounds and parts of the country. International Business courses are particularly valuable as they prepare students for the global nature of business today. With the increasing interconnectivity of the business world, all corporations require a global presence. Therefore, it is recommended to consider SIIB Pune as an institution for MBA in International Business.Read more
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Ques. Which stream should my sister opt for in BIMTECH Noida for MBA, international business or insurance?

● Top Answer By Tithi Aggrawal on 10 May 23

Ans. First, you should ask your sister which subject, foreign business or insurance management, she is more interested in. It is hard to learn about a subject if you do not have an interest in it, no program can help her get the most learnings out of it. So, help your sister to figure out what area she is interested in. Like if she wants to do business in a foreign, she should do foreign business. Help her learn about insurance if she wants to build her job around it. To be honest, both programs have a lot to offer. BIMTECH, Greater Noida is one of the best places to go to college. For a general idea, we can say that PGDM in Foreign Business (PGDM-IB) will teach her how to deal with foreign issues and do business across all borders. She will learn more than just new ways to do business. When she gets her PGDM in Insurance Business Management (PGDM-IBM), she will learn how to manage finances, be able to plan and control the financial resources of any business and take on more responsibilities like these.Read more
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Ques. Which one should I choose from KJ Somaiya- FS, Fore IB and PGDM in GLIM, Gurgaon?

● Top Answer By Suprakash Mitra on 04 Sept 20

Ans. Between KJ Somaiya- FS, FORE IB, and PGDM in GLIM, Gurgaon which one you should choose depends on your perspective and expectation from the MBA degree. Given below is a brief discussion on the programs maintained in the question. KJ Somaiya: KJ Somaiya is considered one of the best MBA institutions. Situated in the finance capital of the country, Mumbai, KJ Somaiya offers excellent placements in the Finance domain. Admission: Students are shortlisted for admission into the MBA in Financial Services program based on their CAT, XAT, CMAT, or GMAT score and the final selection is based on their performance in Group Discussion and Personal Interview. The total course fee is 14.93 lakhs. Placements: According to the placement statistics of 2020 , around97% of students have secured job opportunities. The highest and average salary packages of the institute are 28.50 LPA and 10.08 LPA respectively. The recruiting companies are - Johnson & Johnson, AT&T, Intel, Microsoft, Godrej, etc. Banking & Insurance (31%) and Finance Services (16%) are the top sectors in which students get employed. FORE School of Management - PGDM IB (International Business Management) is a 2 year full time course which aims at preparing students to take up careers in corporate houses and family businesses engaged in International Business Operations. It provides management education in the context of the global business environment. Admission: The prerequisite to take admission to the PGDM IM program is at least 50% in graduation and valid CAT/XAT/GMAT score. The total course fee is 15.9 lakhs. Placements: Major recruiters at the 2019 placement were Asian Paints, HUL, ITC, Nivea, Philips Lighting, Deloitte, Vivo, HSBC, Schneider electric, etc. The BFSI (Banking, Financial Services, and Insurance) sector made the highest offers with a total of 38% offers. The average salary package offered was around 10.8 LPA. Great Lakes Institute of Management, Gurgaon - It is one of the top 5 emerging MBA colleges in Delhi NCR. Admission: For taking admissiona candidate should have a minimum of 50% in their graduation and a valid CAT, GMAT, XAT or CMAT. Placements: The PGDM batch has a 100% placement record. The leading recruiters are Aditya Birla, Axis Bank, Deloitte, Federal Bank, Gartner, Hexaware, ICICI bank, KPMG, NIIT Technologies, SecureNow, etc. The highest and average salary package offered at the institute is respectively 13.6 LPA and 9.15 LPA. BFSI was the top sector with a 41 % placement rate.Read more
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Ques. Which is better for an MBA in international business, Delhi School of Economics or IIFT?

● Top Answer By Jayant Thakur on 27 Feb 23

Ans. It's important to research the institution's alum base, the profiles offered during placement, the corporate competitions won by the business school, and the brands that frequently visit for recruitment when you are considering a suitable college for an MBA in international business.  In terms of IIFT, it is considered a niche college for international business. However, it's important to keep in mind that the competition for admission is very tough compared to the Delhi School of Economics. It's important to keep in mind that DSE and IIFT are not in the same league. It's important for you to conduct your research and weigh your options before making a decision.Read more
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Ques. What is the scope of MBA in International Business from BIMTECH?

● Top Answer By Meghamollar Roychowdhury on 28 Apr 23

Ans. BIMTECH MBA in International Business is Accredited by AIU, NBA, A+ NAAC, BSIS from EFMD. The course is good and the program includes learnings via case studies, simulations assignments, presentations, and live projects.  By pursuing this program you can train yourself in the areas of marketing, finance, and operations altogether. Meanwhile, the students are also provided with industry experience by providing them the opportunities to go on field trips to seaports and airports. You can learn subjects like foreign trades and foreign languages.Read more
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Ques. Which is better, an MBA in marketing in IEM Kolkata or PGPM-IB from Globsyn Business School, Kolkata when it comes to placements?

● Top Answer By Sneha Kar on 31 Jul 24

Ans. Globsyn Business School offers the following programmes: AICTE-Approved PGDM  AICTE -Approved PGDM- Business Analytics programmes MBA (Global) programme in collaboration with the Malaysia University of Science and Technology (MUST) Determining whether an MBA in Marketing from IEM Kolkata or an MBA/PGDM from Globsyn Business School, Kolkata is better for placements depends on various factors. Both are institutes of excellent repute. Here are some considerations to help you decide: Reputation and Ranking: Both IEM Kolkata and Globsyn Business School have strong reputations. Curriculum and Course Content: Compare the curricula to see which aligns better with your career goals and interests. An MBA in Marketing and Dual Specializations - International Business, and a choice between Marketing / Finance / HR / Operations Management, have different focuses, so choose based on your professional aspirations. Industry Connections and Placement Records: Research the industry connections and placement records of both schools. Identify which programme has a stronger track record of placing students in your desired field. Faculty and Student Community: Evaluate the quality of faculty and the student community. Consider which environment will provide a better learning experience for you. Ultimately, your decision should be based on your individual needs and career goals.Read more
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