Increasing relevance of an MBA in International Business
An MBA helps to develop the business acumen of students. Studying international business provides students with a broader perspective on different cultures, economies, and business practices. This exposure helps in developing a global mindset and international business opens gates to a plethora of opportunities at the global level. It is relevant for every domain, be it marketing, finance, people management, Information technology, international business or new emerging fields such as business analytics, and retail management. A management student who wishes to explore overseas opportunities gains an edge by choosing international business as a specialization in MBA. At the same time, multinational companies are increasingly expanding their operations across borders and India is placed well to attract these companies.
India is the world's sixth-largest economy in terms of nominal GDP and the third-largest in terms of purchasing power parity. It has a young and rapidly growing population with a median age of just 28.4 years which makes it attractive for companies looking to tap into a large and growing consumer base. More than ever, in the current scenario, the prospect of global giants investing in India is far better. New India is also a perfect example in the current era of an integrated nation that is focusing on healthy relations with most parts of the world. Consequently, countries are showing interest to invest in major sectors that could infuse growth in the national GDP - be it retail industry, fast food industry, fashion industry, ecommerce, AI and AR, or any other.
In the past before India started its liberalization and globalization process, such subjects had limited scope. The times are changing now. India’s demographic profile is increasingly tilting towards young Indians who have high purchasing power parity. In order to meet the demand of skilled manpower , Companies are looking for MBA graduates who have the skills and knowledge to compete effectively in the global market and who are adept at managing both operations and people. People in foreign lands need to integrate culturally with India but it is not easy for them to do this without the help of local and educated managers. Students who have a strong understanding of international business are better equipped to succeed in such a globalized environment.
Q: Is Jagan Institute of Management Studies, Rohini, Delhi, good for PGDM?
Jagan Institute of Management Studies, Rohini, Delhi can be a good option for studying PGDM courses. The institute provides a dual specialisation course along with PGDM in International Business and PGDM in Retail Management, which are further divided across various specialisations. All of these courses are approved by AICTE. Candidates can apply for any of the courses of their choice by fulfilling the basic eligibility criteria. Jagan Institute of Management Studies, Rohini, Delhi has been ranked in the list of top 100 colleges by NIRF for its Management category courses. Find below the last three years ranking comparison by NIRF:
| Ranking Body | 2021 | 2022 | 2023 |
|---|---|---|---|
| NIRF | 71 | 82 | 88 |
Further, the placement cell of Jagan Institute of Management Studies, Rohini, Delhi has also witnessed 100% placements in the recent year. As per the overall placements statistics released by the institute, many top recruiters such as Amazon, Deloitte, ITC Limited, Nestle, etc., visited during the campus placements. During the 2023 placement drive, the highest package stood at INR 22 LPA.
Read more about the placements here.
Q: How is the BCA program at Jagan Institute of Management Studies, Rohini, Delhi?
Jagan Institute of Management Studies, Rohini, Delhi can be a good option for studying a three-year BCA course. At Jagan Institute of Management Studies, Rohini, Delhi, this course is affiliated with IPU. Hence, after the completion of this course, students will receive a degree from IP University. In this course, students get to build their knowledge around a diverse range of topics on disruptive technologies like Data Science, Cyber Security, Big Data Analytics etc. Apart from the regular curriculum, various seminars, workshops and symposiums are conducted by the institute time-to-time. As per the data available on the official website, the placement cell of Jagan Institute of Management Studies, Rohini, Delhi has witnessed 100% placements in the year 2023. During the placement drive of the year 2023, the overall the highest package stood at INR 22 LPA. There were many top recruiters such as PwC, Berger, Maruti Suzuki, ITC visited during the campus placements.
Q: Is JIMS Rohini UGC approved?
Yes, the institute is approved by UGC. JIMS Rohini was set up by the Jagannath Gupta Memorial Educational Society. All the institutes under the soceity are approved by the University Grants Comission (UGC). Additionally, JIMS Rohini is also accredited by and affiliated to statuory bodies, including AICTE, AIU, NBA, and State government.
There are multiple avenues to earn beyond the national borders as well. If an Indian company plans to go international, this would require international business professionals to take the business beyond borders as their understanding of the cross-border policies and procedures would be better than any other professional in this field. Pursuing international business can, therefore, provide wide prospects of career growth for MBA students.
Apart from the job opportunities, an MBA in International Business offers entrepreneurial exposure to students. Many students who are interested in starting their own businesses have found that the course provides great insights and the much-needed skills and knowledge to successfully launch and grow a business on a global scale. The specialization is a transformative experience and learning for those who wish to explore overseas opportunities. Students get a chance to learn about different cultures, languages, and customs, which can help them become more open-minded and adaptable. It improves their knowledge and thought process, broadens their understanding of the world and expands their horizons.
What is more, there is a growing number of entrepreneurs and investors who want to capitalize on the country's large and growing consumer base and India is pushing to become a hub for tech startups. International business aspirants have a much better chance to succeed in a globalized world. No wonder, the GMAC data (Graduate Management Admission Council) in 2021 indicates that 23% of Indian GMAT test takers intended to pursue an MBA in international business. This was already the second most popular specialization after general management.
Q: Who is the director of JIMS Rohini?
Currently, Jagan Institute of Management Studies, Rohini is running under the guidance of Dr. Pooja Jain. She has been associated with the institute for 18 years and is currently the acting director of the institute. Her areas of interest include Rural Marketing, Comsumer Behavior, Branding, and ICT applications. The institute further have 30 members as part of the core faculty.
Note: The views expressed in this article are solely the author’s own and do not reflect/represent those of Shiksha
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Anything you would want to ask experts?Answered 5 days ago
Hello,
When choosing between JIMS (Jagannath International Management School) and Lovely Professional University (LPU) for a Hotel Management program, here are a few factors to consider:
Reputation and Ranking:
LPU consistently ranks as one of the top private universities in India and is well-known f
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Contributor-Level 8
Answered 3 weeks ago
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Contributor-Level 8
Answered 2 weeks ago
PGDM from JIMS with specialisation in HR has vast scope, because of the opportunities to learn & grow. In last few years many companies such as TCS, EY, Gartner, Archer & Bull, People strong, Randstad, Ericsson etc., have been our regular recruiters. Recently, Zimmer has offered a stipend of INR 30,
Contributor-Level 10
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With a rank of 6019 in IPU CET and 52% in Class 12, it is going to be tough getting admission in the BCA programme in JIMS (Jagannath International Management School), as the cut-off ranks are usually above the marks secured by most students according to demand and competition.
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Contributor-Level 8
Answered a week ago
JIMS Noida, or Jagannath Institute of Management Sciences, is considered a good choice for students pursuing a Bachelor of Computer Applications (BCA) degree. It has a well-designed campus, experienced faculty, and a good reputation for placements. However, some students say the campus is relatively
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Contributor-Level 8
Answered 2 weeks ago
The authorities have released the JIMS PGDM cutoff for the General All-India category. Check the below table related to the entrance test and performance in qualifying exams:
Particular | Percentile required for PGDM/PGDM-IB/PGDM-RM |
|---|---|
Graduation | 60% aggregate in graduation in any discipline. (Students appearing in final year examinations are also eligible). |
MAT | 700 Composite Score |
CAT | 75 percentile |
CMAT | 85 percentile |
XAT | 75 percentile |
K
Beginner-Level 5
Answered a week ago
You can take addmission in IPU by taking NOC and grade card from your college.
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Beginner-Level 2
Answered 2 weeks ago
JIMS Rohini accepts several national-level entrances (CAT/XAT/CMAT/MAT) for admitting students to the MBA course. Details for the same are tabulated below:
Entrance Test and performance in Qualifying Exams
S.No. | Program | PGDM | PGDM-IB | PGDM-RM |
1 | Graduation | 60% marks in graduation in any discipline. (Students appearing in final year examinations are also eligible). | 60% marks in graduation in any discipline. (Students appearing in final year examinations are also eligible). | 60% marks in graduation in any discipline. (Students appearing in final year examinations are also eligible). |
2 | MAT | 700 Composite Score | 700 composite score | 700 composite score |
CAT | 75 Percentile | 75 percentile | 75 Percentile | |
CMAT | 85 Percentile | 85 percentile | 85 Percentile | |
XAT | 75 percentile | 75 percentile | 75 percentile |
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Beginner-Level 4
Which university should I choose among JIMS and LPU for Hotel Management?