If you are an MBA aspirant and looking to go places (literally!) then an MBA with a concentration in International Business would be right for you.
An MBA in international business or global business management highlights relevant global economic, management and legal conditions in developing international business strategies and international business law. As a student, you get to critically analyse the management and cultural factors that affect multinational corporations (MNCs) and the challenges they face.
Some colleges offer an International exchange component to the degree where you get to travel and explore different business cultures. This prepares you to lead in a global environment, no matter which country you decide to live and work in. You also pick up change management skills that will come in handy when you start working in an MNC.
Clearly the primary benefit you will get by studying the degree abroad is that you will apply what you learn in an international environment through your internship. Most recruiters view the degree as a serious indication of a student's commitment to a career in international business. Most graduates get absorbed by international marketing departments of MNCs in various industries such as automobiles, electronics and consumer durables. Opportunities are also plenty in International market research firms or consulting organizations. The business internship you do and the on campus placements that many U.S. business schools offer will open up many doors for you in the industry.
The required courses list of an international MBA will include accounting, corporate finance, international marketing and so on, while electives are offered in e-commerce, risk management, venture finance and most often a foreign language.
It is important to choose a good, reputed college for your MBA. A natural outcome of the course should be enhanced skills development in public speaking, intercultural communication, leadership and negotiating techniques.
Some of the reputed institutions in the U.S which offer MBA in international business are: