Top 10 Career & Job Opportunities after International Business Management Degree

Welcome to the world of leaders and experts, where you are exposed to international clients and corporations to further your business. Feeling the jitters already? Do not worry; an MBA in international business management is what would prepare you for this challenging role and take you towards career advancement. It deals with strategic skills and has a greater role in managing international business approaches. You can become the next global business leader through an MBA in international business management. From business development manager to global project manager, the bag of fortune careers is here in the MBA in international business. However, there is more to this list, let’s find out the scope and top careers closely.

In this blog, we would cover many such career opportunities after an MBA in international business. Come along with us as we rediscover the path of one of the popular courses in the MBA.

What is an MBA in International Business?

“International business involves commercial activities that cross national frontiers.” – Roger Bennett

According to Dr Yujurvedi from Shobit Institute of Engineering and Technology, international business is a combination of all commercial transactions. It can be either private or governmental, between two or more countries. It is the exchange of capital goods and services across international borders or territories. These transactions are conducted at the global level and across national borders. The International Business MBA scope includes global roles in trade, logistics, finance, and cross-border operations.

Thus, it includes not only the transnational movement of capital, labour, technology, and products and services but also intellectual property such as patents, trademarks, etc. It is an enterprise that operates across national borders, that is, between two nations. It encompasses intellectual property rights like patents, trademarks, and know-how, along with capital, manpower, technology, and international trade in goods and services. When goods and services are bought and sold outside of a nation’s borders, this is referred to as international business management.

International Business Management Scope

Imagine you’re running a business in India that designs cutting-edge smartphone apps. One day, you strike a deal with a tech company in the United States to market your app globally. They invest in your project, you share your innovative technology, and together you reach millions of customers worldwide. This is international business management in action—a collaboration that spans continents, blending ideas, technology, and markets to create something truly global and impactful.

Now, what is the career scope in this field? Is it worth pursuing? Well, there are multiple reasons why you should pursue an international business management degree. If you are working in an MNC, your promotion is likely to be paused if you are well-equipped with the knowledge of international business. This domain is not just limited to one industry; its scope is spread over supply chain, operations, finance, and other business operations. International Business Management salary for freshers typically ranges between INR 6 to 9+ LPA, with senior-level roles offering much higher packages.

Also Read: Online MBA in International Business

Top 10 Highest-Paying Jobs with an International Business Degree

There lies a promising career after MBA in International Business. Here is a closer look at the jobs after international business management in India. Please note that there are more job opportunities, job roles, and job responsibilities depending on each organisation’s requirements. The job responsibilities may differ based on each organisation’s demand.

1. Business Development Manager

You will be responsible for expanding the client leads and sales by analysing industry trends. As a business development manager, you would be promoting and growing the business. You’ll oversee budget, accounting, bank processes and management of financial reports. As a business development manager, your responsibilities would include:

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  Taking leadership and working with multiple departments at the same time.
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  Overlooking market trends and devising the best business schemes
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  The salary range of a Business Development Manager is INR 7 LPA to 17 LPA

2. Supply Chain Manager

You would oversee the goods flow from production to distribution, ensuring efficiency and profitability. You would be responsible for strategic planning. As a supply chain manager, you would be responsible for creating a supply chain strategy to enhance efficiency and reduce costs. Additionally, you would oversee the movement and storage of goods to ensure the right products are available in the right quantities at the right time. Your responsibilities will also include:

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  Building strong relationships with suppliers and negotiating contracts to secure favourable terms are also essential responsibilities.
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  Handle additional tasks such as training employees and their early managment
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  Finding cost-effective solutions, resolving issues, and developing safety guidelines
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  The salary range is from INR 7.8 LPA to 18 LPA

3. Finance Manager

The daily responsibilities of a finance manager would include supervising financial operations, managing budgets, and shaping investment strategies. As a finance manager, you would be responsible for generating and analysing financial statements, such as budgets, payables, receivables, and expenditures. You would also be

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  Creating plans for the organisation’s long-term financial objectives and strategic business initiatives. Additionally, you would be tasked with
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  Developing strategies and interpreting data to mitigate financial risks.
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  Examining market trends and investigating factors that influence business performance.
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  The salary range for a finance manager ranges from INR 9 LPA to 17.3 LPA.

4. Global Project Manager

You would coordinate international projects, ensuring teams meet objectives and budgets. As a project manager, you would be overseeing a global-level project with multiple subheads. You shall be ensuring several tasks, such as timely delivery, budget adherence, and desired outcomes, while managing several teams. Moreover, you would be:

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  Defining daily tasks while developing the overall vision.
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  Communicating effectively with stakeholders, ensuring coordinated efforts and successful outcomes.
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  Staying on schedule and resolving derailments, to keep the project on track.
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  The global project manager’s salary ranges from INR 7.3 LPA to 15.7 LPA.

5. Audit Manager

One of the responsibilities includes overseeing internal audits, analysing financial reports, and implementing fraud prevention policies. As an audit manager, you would be responsible for planning, conducting, and managing audits. You would be conducting operational and financial audits, identifying risks and weaknesses, and developing testing methodologies. Additionally, you would be responsible for:

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  Creating and implementing internal auditing processes and policies.
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  Advising executives on regulatory compliance and how to meet standards.
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  Preparing comprehensive audit reports based on your findings.
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  The salary range for an audit manager is from INR 8 LPA to 13.7 LPA.

6. Regulatory Affairs Manager

You would make sure that is compliance with national and international regulations, and manage regulatory risks. As a regulatory affairs manager, you would be responsible for ensuring that your organisation’s products and services comply with government regulations and industry standards across various markets and regions. You would be developing and executing regulatory strategies while staying updated on changes in regulatory requirements. Additionally, you would collaborate with cross-functional teams to prepare and submit regulatory submissions

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  The salary for a regulatory affairs manager ranges from INR 7 LPA to 18.3 LPA.

7. Economist

You would actively analyse market trends and economic data, providing insights for financial strategies. You would be responsible for actively researching international trades, keeping an eye on economic issues and more. As an Economist, you would also be responsible for

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  Forecasting trends for the financial market trends and
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  Advising businesses based on research
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  Presenting the latest trends and writing a well-researched paper if required by the organisation.
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  The salary range for an economist is INR 6.6 LPA to 16.3 LPA.

8. Risk Manager

You would be responsible for assessing and mitigating operational and financial risks and advising on risk management strategies. As a risk manager, your job responsibilities include checking the security breaches, safety, reputation and anything that can risk the company’s reputation or put it at risk. You would be responsible for:

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  Risk management strategies along with implementing these strategies.
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  IT risk management team and oversee the other activities done in the IT team.
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  Overall maintenance of security and security management strategies at best.
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  The salary of a risk manager ranges from INR 8 LPA to 13 LPA.

9. Senior Information Security Analyst

Your major job responsibility would be to protect digital data from cyber threats and lead security analysis and response efforts. As a senior information security analyst, you will be responsible for multiple tasks, starting with developing security policies and establishing a successful procedure for security. Moreover, you’ll be responsible for:

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  Performing security assessments and resolving the issues that may occur.
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  Preparing reports for breaches of security and installing software that protects sensitive information.
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  Planning and testing are an active part of the responsibilities.
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  Senior information security analyst salaries range from INR 7.1 LPA to 14 LPA.

10. Chief Marketing Officer

As CMO, you would put direct marketing efforts and develop strategies for brand growth and revenue increase. As a CMO, you would be responsible for overseeing the marketing activities for the organisation, managing the marketing team, leading a team plan, and executing a certain organic reach for the organisation. Moreover, you would be responsible for product management, brand management, and leading strategic brand management for the organisation.

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  The salary range for CMO is from INR 20 LPA to 54.2 LPA.

Please note that the salary packages may differ based on many factors, including your location, skills, experience, and more.

Top Recruiters for International Business Management Graduates

International Business Management prepares students for careers in various sectors like global strategy, market expansion, cross-cultural team leadership, etc. Here is the list of top recruiters around the globe who are actively hiring for an MBA in international business management.

Source: LinkedIn

Logging Out

An MBA in international business is the golden ticket towards global-level career opportunities. There lie several opportunities for international business management graduates. You can easily earn up to 25 LPA depending on your experience, skills, and location. From working as an Audit Manager to working as a chief marketing officer (CMO), you would get the chance to explore the path of success. There are also several international Business MBA jobs after the degree. Thus, you can say that an MBA in international business scope and salary in India are both high.

Many colleges provide different modes of delivery for the course of an MBA in International Business, which you can select based on your schedule, location, fee budget and lifestyle. Make sure to check recognition, eligibility criteria and any new updates about the coursework before you apply for the application form. All the best, future global leaders.