PGDM in International Business: Colleges, Admission, Syllabus & Career

Vaishali Pandey
November 23, 2024

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The PGDM in International Business is a specialised course that focuses on equipping you with the skills and knowledge required to handle global business operations.

 It offers an in-depth understanding of international trade practices, cross-cultural communication, and global market trends. If you're looking to enhance your career prospects in a rapidly globalising world, this course can be your stepping stone.

PGDM in International Business: Course Highlights

PGDM in International Business: Course Highlights

Feature

Details

Course Name

PGDM in International Business

PGDM IB Full Form

Post Graduate Diploma in International Business

Duration

2 years

Mode of Study

Full-time, Part-time, Distance

Eligibility

Graduation in any discipline (minimum 50% marks)

Top Entrance Exams

CAT, XAT, MAT, CMAT, ATMA, GMAT

Average Course Fees

₹5 lakhs to ₹20 lakhs per year

Average Salary

₹7 lakhs to ₹15 lakhs per annum

Top Recruiters

Deloitte, EY, PwC, Amazon, TCS, Infosys, Wipro

Career Options

International Marketing Manager, Export Manager, Business Consultant, Supply Chain Analyst

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PGDM in International Business: What is it About?

A Post Graduate Diploma in International Business (PGDM IB) is a comprehensive programme that covers various aspects of global business management. The curriculum is designed to provide insights into international trade, export-import management, global marketing strategies, and cross-border mergers.

1. Global Trade Understanding

 You will learn about the complexities of global trade, including tariffs, regulations, and market dynamics.

2. Export-Import Operations

 The course offers a detailed look into the processes involved in exporting and importing goods across borders.

3. Cross-Cultural Communication

 Effective communication across cultures is vital in international business. The programme includes training in cross-cultural management.

4. International Marketing

You will explore strategies for entering and competing in foreign markets, taking into account local customer preferences and business environments.

5. Foreign Exchange and Risk Management

Understanding currency risks and foreign exchange markets is crucial for global trade, which is a key component of the syllabus.

Admission Process for PGDM in International Business

Securing a spot in a PGDM in International Business programme requires preparation. Here are the major steps involved in the process: 

1. Score High in Entrance Exams

Achieving a top score can help you secure a spot in prestigious colleges.

2. Prepare for GD and PI

 Most colleges conduct group discussions (GD) and personal interviews (PI) as part of their selection process.

3. Build a Strong Application

Highlight your academic achievements, work experience, and any international exposure in your application.

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PGDM in International Business: Eligibility Criteria

Below are the major eligibility criteria for an admission into PGDM in International Business: 

1. Academic Requirements

A bachelor’s degree in any field with a minimum of 50% aggregate marks.

2. Work Experience

While not mandatory, having 1-2 years of work experience can be advantageous.

3. Entrance Exam Scores

Most institutes require scores from standardised tests like CAT, MAT, XAT, or GMAT.

Top Entrance Exams for PGDM in International Business

If you're aiming for top management programmes in India, acing a major entrance exam is your first step. Here are some of the most popular options you should consider.

Exam Name

Application Deadlines

Exam Dates

CAT

August 3 – September 21, 2024

November 24, 2024

SNAP

August 23 – November 23, 2023

December 10, 2024

IBSAT

To be Announced

To be Announced

CMAT

2nd week of March 2024 (onwards)

1st week of May 2024

NMAT

August 1 – October 12, 2024

October 10 – December 19, 2024

ATMA

4th week of December, 2023 – 3rd week of February, 2024

4th week of February, 2024

XAT

July 15 – November 30, 2023

January 7, 2024

TISSNET

2nd week of December, 2023 – Last week of January, 2024

Last week of February, 2024

These exams assess your skills in areas such as quantitative aptitude, logical reasoning, verbal ability, and data interpretation.

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How to Prepare for Entrance Exams?

Preparing for entrance exams can be challenging, but with the right strategy, you can maximise your performance. Follow these tips to enhance your preparation and boost your chances of success.

Preparation Tips

Description

Focus on Quantitative Aptitude

This section evaluates your mathematical abilities. Concentrate on topics like algebra, geometry, and arithmetic. Practise regularly to strengthen your skills.

Improve Verbal Ability

Enhance your reading comprehension, vocabulary, and grammar. Daily reading and practising vocabulary exercises can be very helpful.

Enhance Logical Reasoning

Work on puzzles, seating arrangements, and logical sequence problems to sharpen your critical thinking skills. This section tests your ability to analyse information logically.

Time Management

Practise solving questions within a set time limit. This helps you manage your time effectively during the exam and improves both speed and accuracy.

Regular Mock Tests

Attempt regular mock tests to familiarise yourself with the exam pattern. Analyse your performance to identify weak areas and work on improving them.

Create a Study Schedule

Develop a balanced study schedule that allocates sufficient time to each subject. Stick to this routine consistently to cover all topics thoroughly.

Stay Updated with Current Affairs

For exams that include general awareness sections, read newspapers and current affairs magazines to stay informed about recent events.

Review and Revise

Regularly revisit topics you've studied to reinforce your understanding. Revision helps in retaining important concepts and formulas.

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Syllabus for PGDM in International Business

The syllabus for PGDM in International Business is designed to cover all aspects of global business operations:

Semester

Core Subjects

Electives (Choose 1-2 per semester)

1

Business Economics, Financial Accounting, Marketing Management

Foreign Language, Business Analytics

2

International Marketing, Global Supply Chain Management

Digital Marketing, Export Documentation

3

International Finance, Cross-Cultural Management

Trade Finance, Global HR Management

4

Strategic Management, Project Work, Internship

E-commerce, International Business Law

The course structure ensures a balance between theoretical knowledge and practical exposure through internships and projects.

Discover the essential PGDM subjects in India, covering everything from marketing and finance to international business and leadership, to equip you with the skills needed for a successful career in management.

Top Colleges in India for PGDM in International Business

If you're looking to specialise in International Business, these top colleges in India offer excellent PGDM programmes with strong placement opportunities and industry exposure.

College Name

Location

Average Fees (INR)

Average Placement Salary (INR)

Indian Institute of Foreign Trade (IIFT)

Delhi, Kolkata

₹7 lakhs per annum

₹20 lakhs per annum

Symbiosis Institute of International Business (SIIB)

Pune

₹10 lakhs per annum

₹12 lakhs per annum

SP Jain Institute of Management & Research (SPJIMR)

Mumbai

₹18 lakhs per annum

₹22 lakhs per annum

Narsee Monjee Institute of Management Studies (NMIMS)

Mumbai

₹14 lakhs per annum

₹18 lakhs per annum

College Comparison

Parameters

IIFT

SIIB

SPJIMR

Ranking

Top 10

Top 15

Top 10

Course Duration

2 years

2 years

2 years

Entrance Exam

IIFT, CAT

SNAP

CAT, XAT

Average Package

₹20 lakhs

₹12 lakhs

₹22 lakhs

Explore the top PGDM colleges in Delhi, offering diverse specialisations and world-class faculty to help you build a strong foundation for a successful career in management. Find the perfect institute that matches your aspirations and goals.

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How to Get Admission in Top PGDM International Business Colleges?

Securing a spot in top PGDM International Business colleges requires a well-planned approach. Here's a step-by-step guide, tabulated for easy reference:

Steps

Description

Tips

Research the Best Colleges

Make a list of top colleges offering PGDM in International Business, like IIFT, SPJIMR, and MDI Gurgaon. Check eligibility criteria such as a bachelor's degree with at least 50% marks.

Visit the official websites for detailed information about courses, fees, and placements.

Prepare for Entrance Exams

Focus on popular exams like CAT, XAT, MAT, GMAT, and CMAT. These tests evaluate your quantitative, verbal, and logical reasoning skills.

Aim for a high percentile (above 90th) to increase your chances of getting shortlisted.

Build a Strong Profile

Highlight work experience, good academic scores, and relevant certifications. Engage in extracurricular activities to showcase your leadership and teamwork skills.

Consider taking certifications in international trade or business analytics.

Craft a Compelling Application

Write a strong SOP explaining your career goals and motivation for choosing International Business. Obtain recommendation letters from professors or employers. Prepare a professional resume.

Tailor your application to match the college's core values and strengths.

Prepare for GD and PI

Group Discussions test your communication skills, while Personal Interviews assess your knowledge and motivation. Be ready to discuss current international business trends and economic policies.

Practise mock GDs and PIs to build confidence and improve presentation skills.

Submit Your Application

Complete the application forms for each college carefully and pay the required fees. Keep track of deadlines and maintain a record of all applications.

Apply to multiple colleges to increase your admission chances.

Check Results and Merit Lists

Colleges release merit lists based on entrance exam scores, profile, GD, and PI performance. Monitor the official websites for updates.

If waitlisted, be patient as seats often open up during subsequent rounds.

Complete Admission Formalities

Accept the offer, pay the admission fees, and submit all required documents for verification. Arrange for educational loans if needed.

Prepare a checklist of documents for a smooth admission process.

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Why Study PGDM in International Business?

The Post Graduate Diploma in International Business offers a blend of theoretical knowledge and practical skills, making it an attractive choice for many.

Let’s look at key reasons to opt for this course:

1. Global Career Opportunities

 This qualification opens doors to job roles in multinational companies, export-import firms, and international consulting agencies.

2. High Salary Packages

Professionals with a PGDM in International Business often earn higher starting salaries compared to general management graduates.

3. Skill Development

 The course enhances your strategic thinking, problem-solving, and decision-making skills in an international context.

4. Networking Opportunities

 You'll interact with peers and professionals from various countries, building a strong network for future career opportunities.

5. Exposure to International Markets

 The programme often includes internships and exchange programmes that provide first-hand experience in international markets.

Distance Education for PGDM in International Business

Distance education is a flexible option for working professionals. Here are some top choices:

University

Course Duration

Average Fees (INR)

Key Features

IGNOU

1.5 - 2 years

₹30,000

Affordable, Flexible Learning

Symbiosis Centre for Distance Learning

2 years

₹50,000

Industry-Relevant Curriculum

NMIMS Global Access

2 years

₹1 lakh

Digital Classroom Experience

Distance education provides the flexibility to learn at your own pace while managing your professional commitments.

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Courses Comparison: PGDM in International Business vs MBA in International Business

Feature

PGDM in International Business

MBA in International Business

Duration

2 years

2 years

Eligibility

Graduation in any discipline

Graduation in any discipline

Fees

₹5 lakhs to ₹20 lakhs

₹10 lakhs to ₹25 lakhs

Focus

Industry-Oriented

Academic and Theoretical

Pedagogy

Case Studies, Internships

Classroom Learning, Research

Career Opportunities

Marketing Manager, Export Manager

Business Analyst, Trade Specialist

Choose a PGDM in International Business if you prefer a practical and industry-focused approach.

Explore MBA in International Business: Admission, Fees, and Placements 2024 to discover global career opportunities, top colleges, and detailed insights into international business management for a successful career in the dynamic global marketplace.

PGDM in International Business: Jobs and Career Options

With a Post Graduate Diploma in International Business, you have diverse career paths to choose from with the international business management scope.

Job Role

Key Responsibilities

Average Salary (INR)

International Marketing Manager

Develop strategies to promote products in foreign markets.

₹10-15 lakhs per annum

Export Manager

Oversee export operations and ensure compliance with trade laws.

₹8-12 lakhs per annum

Business Consultant

Advise companies on entering and expanding in international markets.

₹12-20 lakhs per annum

Supply Chain Analyst

Optimise supply chain processes for efficient global operations.

₹8-14 lakhs per annum

Business Development Manager

Identify new business opportunities, build relationships, and drive growth.

₹10-18 lakhs per annum

Learn how to become an International Business Development Manager, from the required skills and qualifications to the steps for launching a successful career in global markets and driving business growth across borders.

What are the PGDM International Business Future Scope

The PGDM in Data Analytics opens up a wide range of career opportunities across various industries. With data becoming the core of strategic decision-making, the demand for skilled data analysts is rapidly increasing. Here’s what the future looks like for graduates of this programme.

 High Demand for Data Professionals

1. Companies across sectors such as finance, healthcare, retail, and IT are actively hiring data analysts and scientists.

2. The rise of big data, artificial intelligence, and machine learning has led to a surge in job openings.

3. According to industry reports, the data analytics market is expected to grow at a CAGR of 25% over the next few years.

Opportunities in Emerging Technologies

1. The growing focus on emerging technologies like IoT, blockchain, and AI requires advanced data analytics skills.

2. Companies are looking for professionals who can integrate analytics with these technologies to drive business growth.

Scope for Further Studies and Certifications

1. Graduates can further specialise with certifications in Big Data, Artificial Intelligence, or Machine Learning.

2. You can also pursue advanced courses like a PhD in Data Science or specialised master’s programmes in analytics.

Entrepreneurial Opportunities

1. With data analytics skills, you can start your own consulting firm, offering data-driven solutions to businesses.

2. There is a rising demand for data analytics start-ups, especially in sectors like e-commerce, healthcare, and finance.

Top Recruiters for PGDM in International Business

Top companies actively seek talent with expertise in International Business, offering competitive roles in various domains. Here are some of the leading recruiters and the key sectors they focus on.

Company

Industry

Key Roles Offered

Amazon

E-commerce & Retail

Operations Manager, Supply Chain Analyst

Deloitte

Consulting & Advisory

Business Consultant, Market Analyst

KPMG

Professional Services

International Business Consultant, Risk Analyst

Infosys

IT & Consulting

International Marketing Manager, Project Manager

TCS

IT Services & Solutions

Export Manager, Business Development Manager

The PGDM in International Business offers a unique blend of theoretical knowledge and practical skills, making it a top choice for anyone aspiring to build a global career. If you're aiming to work in multinational corporations or want to start your venture in international trade, this course provides a solid foundation.

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FAQs on PGDM in International Business

What is PGDM in International Business?

PGDM in International Business is a two-year course focusing on global trade, cross-border operations, and international market strategies.

What is the PGDM IB full form?

The full form of PGDM IB is Post Graduate Diploma in International Business.

What is the difference between PGDM and MBA in International Business?

PGDM focuses on industry-oriented practical skills, while an MBA offers a more academic and theoretical approach.

Why should you choose a PGDM in International Business?

It offers global career opportunities, exposure to international markets, and high salary prospects in multinational companies.

What is the scope of international business management?

The scope includes roles like international marketing, export management, global supply chain, and consultancy in multinational firms.

Which entrance exams are required for PGDM in International Business?

Top exams include CAT, XAT, MAT, CMAT, and GMAT for admission into reputed institutes.

What are the eligibility criteria for PGDM in International Business?

You need a bachelor's degree with a minimum of 50% marks and valid entrance exam scores to apply.

What is the average fee for a Post Graduate Diploma in International Business?

The fees range from ₹5 lakhs to ₹20 lakhs per year, depending on the institute.

What are the job opportunities after completing a PGDM in International Business?

Job roles include Export Manager, International Marketing Manager, Business Consultant, and Supply Chain Analyst.

Can you pursue a Post Graduate Diploma in International Business through distance education?

Yes, universities like IGNOU and NMIMS offer distance education programmes for PGDM in International Business.

What is the average salary after completing a PGDM in International Business?

The average starting salary ranges from ₹7 lakhs to ₹15 lakhs per annum, based on experience and skills.

How does the syllabus of PGDM in International Business look?

It includes subjects like international marketing, global supply chain, international finance, and cross-cultural management.

What is the duration of a PGDM in International Business programme?

The duration is typically 2 years, divided into 4 semesters.

What are the key skills required for a career in international business management?

Skills include cross-cultural communication, strategic thinking, market analysis, and foreign exchange management.

How can you prepare for the entrance exams for PGDM in International Business?

Focus on quantitative aptitude, verbal ability, logical reasoning, and data interpretation. Regular practice and mock tests help.

Which are the top colleges in India for PGDM in International Business?

Top colleges include IIFT Delhi, SIIB Pune, SPJIMR Mumbai, and NMIMS Mumbai.

What is the scope of a Post Graduate Diploma in International Business Operations?

It prepares you for roles in export-import management, international marketing, and global supply chain management.

Can a PGDM in International Business lead to international job placements?

Yes, many graduates secure roles in multinational companies with opportunities for global placements.

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