Updated on Sep 23, 2022 01:58 IST
Parul Thapa

Parul ThapaSenior Executive Content

International Business course provides students with the knowledge, skills, and abilities to understand the global economic, political, cultural and social environment within which companies and businesses function. The International Business syllabus includes topics that help students examine the strategies and structures of international business. The course also helps students formulate and execute strategies, plans, and tactics to succeed in international business ventures.

International Business Syllabus: Important Facts

  1. BCom in International Business is a six-semester course: The Bachelors in Commerce in International Business degree equips students with the knowledge of international business and related aspects of the field. BCom in International Business syllabus consists of subjects that relate to the production and distribution of goods and services, globalisation and more.
  2. MBA in International Business: MBA in International Business is among the most popular postgraduate degrees students opt for in India. Global and Indian Multinational Corporations and many Companies like Apple, Google, Amazon, IBM and more look for MBA Graduates in International Business. The MBA in International Business syllabus includes topics of global competition, international finance, international laws on customs, logistics and supply chains and more aspects of International Business.
  3. Scope of International Business in India: The subject is all about international business, and it opens the doors for the graduates and the post-graduates to have a career in multinational corporations, international banks, and trading companies. In such companies, the candidates can get excellent salary packages and opportunities to advance and reach greater heights.
  4. After completing a course in International Business, you can become one of the following professionals: International Marketing Manager, International Product Manager, Finance Analyst, Business Development Manager, Research Analyst, Logistics Manager, International Supply Chain Manager, and Human Resources Manager.
  5. The average salary of an MBA in International Business professional ranges between INR 6 lakh per annum and INR 12 lakh per annum. This salary varies depending on your choice of career.

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International Business Syllabus: List of Subjects

International Business is a vast course with many diverse areas the student needs to study. Here are some important core subjects one can expect to study when pursuing a degree in International Business.

International Business Syllabus: Core Subjects

Following are the core subjects included in the International Business syllabus and a detailed outline of what they seek to teach:

International Business Subject title

Subject details

Financial Accounting

The subject of financial accounting teaches the fundamentals of financial accounting from the ground up, how to prepare a balance sheet, income statement, and cash flow statement, analyse financial statements, calculate and interpret critical ratios. The syllabus includes an introduction to accounting, Accounting process, Finalisation of accounts, Financial statement analysis, Inventory accounting, Depreciation Accounting, Analysis of Financial liabilities and more

International Business syllabus also includes:

  • Accounting cycles
  • Analysing transactions
  • Posting to ledger
  • Rectifying the erroneous entries
  • Journalising
  • Categorisation of ratios
  • Bank reconciliation
  • Petty cash and its purpose
  • Basic concepts of depreciation

Business Law

Business Law is the law based on which a deal between people and  firms is carried out. Business Law has two distinct functional areas:

1. Regulation of commercial entities that is done through laws of company, partnership, bankruptcy and agency and

2. Regulation of commercial transactions that are done through the laws of contract. Business Law subject includes the study of the Indian Contract Act, Special contracts, Sale of Goods Act 1930, Negotiable Instruments Act 1881, and more

International Business syllabus also includes:

  • Agreement
  • Kinds of Agreements
  • Contract- kinds of contracts
  • Law of Indemnity and Guarantee
  • Law of Bailment and pledge
  • Law of Agency
  • Distinction between ‘sale’ and ‘agreement of sell
  • Rights of an unpaid seller
  • Meaning and Characteristics of Negotiable Instrument
  • Types of Cheque

Principles of management

 

The subject provides an overview of management and its evolution. It examines management functions of planning, organising, leading, and controlling and their impact on the business organisation. The syllabus includes Introduction to management and organisations, planning, directing, controlling and organising the principles of management.

International Business Syllabus also includes:

  • Definition of Management
  • Evolution of Management
  • Types of Business organisation
  • Organisation culture and Environment
  • Nature and purpose of planning
  • Planning Tools and Techniques
  • Formal and informal organisation
  • Human Resource Management
  • Foundations of individual and group behaviour
  • System and process of controlling
  • Productivity problems and management

Organisational behaviour

 

Organisational Behaviour deals with power, communication with others, group structure, learning, development of attitude perception, work stress, etc.

  • International Business syllabus also include:
  • Definition & Meaning of organisational behaviour
  • Nature of learning of organisational behaviour
  • Determinants of Personality, Personality Traits
  • Herzberg’s Two Factor theory
  • Nature of Conflict & Conflict Resolution

Principles of marketing

 

This subject of the International Business syllabus includes:

  • Marketing Overview
  • Marketing management philosophies/Evolution of marketing.
  • Marketing Environment
  • Consumer Behaviour
  • Factors influencing consumer behaviour
  • Marketing Segmentation
  • Product Decisions:
  • Identification of the elements of promotional mix

International trade policies and practices

 

Laws and agreements according to which the International trade is carried out, and the practices, which dictate the imports and exports across international borders are referred to as Trade Policies.

 

International Business Syllabus: Elective Subjects

Following are the elective subjects included in the International Business syllabus and a detailed outline of what they seek to teach:

International Business Subject title

Subject details

Marketing

The Marketing subject includes the study of  Digital Marketing, Sales and Distribution Management, Service Marketing, Consumer Behaviour, Luxury Marketing, Marketing Analytics, Advanced Marketing  Analytics, Business to Business Marketing, Customer Relationship Management, Entrepreneurial Marketing, Integrated Marketing, Communication, Retail Marketing, Social Marketing, International Brand Management, Franchising and Global Retailing.

 

Finance and Banking

The subject of Finance and Banking includes Advance Financial Statement Analysis, Financial Services, Products and Markets, Investment Management, Management of Commercial Banks, Banking Laws and Operations, Business Analysis and Valuation, Corporate Banking and Credit Appraisal, Derivatives and Risk Management, Financial Econometrics, Banking Technology Management, Financial Planning and Wealth Management, Fixed Income Securities, Mergers, Acquisitions & Corporate Restructuring, Project & Infrastructure Finance, Treasury and Risk Management in Banks

 

Human Resources

The study of Human resources helps understand the ways and methods by which the productivity of an organisation can be improved and helps suggest the strategies and policies that can be made to increase the employees’ effectiveness and overall performance.

 

 

 

  

Operations and Decision Science

The subject Operations and Decision Science includes the following Predictive Business Analytics, Process Analysis and Improvement, Service Operation Management, Data Envelopment Analysis, Logistics & Warehousing Management, Procurement Management, TQM-Manufacturing and Services, Supply Chain Management Analytics, Operations Strategy, Multi-criteria Decision Making, Project Management, Lean Sustainable Supply Chain, Applied Management Science and more

 

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International Business: Detailed Syllabus

The International Business syllabus of a graduation degree may vary from one university to the other, but the subjects are more or less the same. Here is a general overview of the core or elective subjects taught from the first to sixth semester in International Business.

Semester

International Business Subject Title

Subject Details

1

Accounting Fundamentals

Accounting means keeping all the records of the transactions made in the business so that the information can be easily retrieved later when needed. Knowing the Fundamentals of Accounting is important for this purpose and for the accurate storage of records of transactions.

2

India’s Foreign Trade

The subject India’s Foreign Trade and the Indian Foreign Trade Policy provides a basic framework of strategy and policy for promoting trade and export. The current Foreign Trade Policy focuses on developing India’s Market share in existing products and markets as well as new markets and new products.

Directorate General of Foreign Trade is the agency of the Ministry of Industry and Commerce of the Government of India responsible for administering laws regarding foreign investment and foreign trade in India.

3

Fundamentals of Financial Management

Finance is the study of how to raise and manage funds for the business in order to keep the Business moving.

So, study of finance with its concepts and techniques is essential for all students. After studying the Fundamentals of Financial Management, students are able to know the basics of finance along with its applications.

4

Business Law

Business Law is the study of legalities involved in the business and the legal issues that the business can face. The Business Law subject prepares law students to deal with the legal issues in a business setup, whether commercial, non-profit, etc.

5

Business Strategy

This Business strategy covers both the dynamics and the global aspects of strategic management.

6

Sales and Distribution Management

The subject of Sales and Distribution management investigates the factors influencing the optimal design and management of distribution channels with particular emphasis on sales force management and channel designs for improving efficiency.

Specialisations offered in International Business

International Business is a huge discipline and various specialisations in the subject are offered in various colleges and universities. Here are few of the specialisations offered in International Business subject:

Specialisation

International Business Subjects

Details

International Finance

  • Exchange rates of currencies
  • Monetary systems of the world
  • Foreign direct investment (FDI)
  • Foreign Portfolio Investment
  • Important issues of international financial management

International Finance covers various aspects of how the economy is carried out across the borders. It deals with the currency exchange rates, International investments and the subsequent impact of all these factors on the country’s economy.

 

 

  

International Trade

  • India's Foreign Trade
  • Basics of International Trade
  • Elements of Export Marketing
  • Exports Finance, Documentation, and Procedure
  • Export Logistics
  • Global Business Environment
  • Accounting for Managers
  • Managerial Economics

International trade plays a major role in the global market. As there is a continuous exchange of goods and services between countries, thus International trade is a very dynamic sector. An in-depth and proper understanding about trade practices is needed in order to succeed.

Marketing and Sales

  • Business Environment & Law Research
  • Marketing Management
  • Strategic Management
  • Marketing Research & Planning
  • Financial Management
  • Operations Research and Management
  • Consumer Behaviour
  • Industrial Marketing

The specialisation offers an understanding, which provides training for career success in the vital fields of sales and marketing, and the skills needed for success as a manager in marketing and sales.

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International Business: Books and Authors

As International Business is a highly versatile field, students follow a wide range of books during their graduation or post graduation. Some of the books which can be referred to are listed below:

Subject

Book title

Author

Description

 International Business

 International Business Text and Cases

P Subba Rao

This book helps understand the complexities involved in carrying out International Business and tries to help explain those complexities more easily.

Business Environment

International Business Environment and Management

V K Bhalla and S Shiva Ramu

Deal with international business, liberalisation, tariff and nontariff, world trade organisations, and more.

Organisational Behaviour

Essentials of Organisational Behaviour

 

Stephen Robbins and Timothy Judge's

 

Essentials of Organisational Behaviour teach readers how to communicate and interact within organisations through real-world scenarios. The book offers complete coverage of important topics of organisational behaviour. It makes each lesson easy to understand and engaging.

MBA Entrance Exams for International Business

Listed below are the popular entrance exams in India for MBA in International Business courses. The minimum eligibility criteria for these exams is graduation degree.

Distance Learning Program in International Business

A full time course in International Business can be financially taxing for many students. Therefore, there are many colleges which offer a distance learning program in International Business. Also, students who are unable to meet the eligibility requirements for full-time courses opt for part-time or distance BBA, B.Com or MBA in International Business programs. The syllabus of distance education programs is similar to regular programs. The distance learning programs are evaluated like the regular course but valued less in the job market.

FAQs on International Business Syllabus

Q: What are the subjects in an International Business course?

A: Some subjects covered in International Business courses are: 
  • Financial Accounting
  • Business Research Methods
  • Business Economics
  • Corporate Ethics and Governance
  • Entrepreneurship
  • Human Resource Management
  • Business Statistics
  • Fundamentals of International Management
  • Leadership Development

Q: Is International Business a good course?

A: Generally, an International Business course preferred by students who are passionate about Finance and Business. The skills the student can learn while studying International Business can land them in good and high-paying jobs in international firms.

Q: What is the salary of an International Business professional?

A: The average salary of an MBA in International Business professional ranges between INR 6 lakh per annum and INR 12 lakh per annum.

Q: Will I get a job after the International Business course?

A: After completing the course in International Business, you can become one of the following professionals:
  • International Marketing Manager
  • International Product Manager
  • Finance Analyst
  • Business Development Manager
  • Research Analyst
  • Logistics Manager
  • International Supply Chain Manager
  • Human Resources Manager

Q: Is there any entrance exam for International Business?

A: Yes. You can appear for one of the many entrance exams for International Business courses. The most preferred exams for admission to MBA programs are CAT, NMAT, GMAT, SNAP and more.

Q: Is International Business a difficult course?

A: International Business is a combination of Business and Commerce. This makes it a complex field of study that requires dedication and focus.

Q: Which colleges are best for studying International Business?

A: Some of the MBA colleges in India for International Business are:
  • School of Business, University of Petroleum and Energy Studies, Dehradun
  • Christ University, Bangalore
  • Institute of Management Studies, BHU
  • Jamia Millia Islamia, New Delhi
  • Symbiosis Institute of International Business, Pune
  • ITM Business School, Navi Mumbai
  • Indian Institute of Foreign Trade, Delhi

Q: Is International Business similar to Economics?

A: International Business covers some aspects of the Economy but is far wider in scope regarding the course structure.

Q: What do you learn is an International Business course?

A: International Business is a wide subject covering various aspects of finance and international trade. It helps understand the strategic plans of MNCs and Foreign business practices.

Popular International Business Colleges in India

Following are the most popular International Business Colleges in India. Learn more about these International Business colleges (Courses, Reviews, Answers & more) by downloading the Brochure.
1.04 L
1 L
13.05 L
2.41 L
1 Course
26 L
25.58 LPA

Popular Private International Business Colleges in India

1 Course
4.69 L
2.8
8.15 L

International Business Applications open. Apply Now

2 Courses
1.59 L
6.5 LPA
Best MBA program with Highest package 12.40 L. 8000+offers. 6000+placed. 9000+ Alumni Network
3 Courses
5.1 L - 6.8 L
3.5

International Business Applications open. Apply Now

1 Course
8.09 L
4 LPA
2 L - 9.6 L
4.1

International Business Applications open. Apply Now

Popular International Business UG Courses

Following are the most popular International Business UG Courses . You can explore the top Colleges offering these UG Courses by clicking the links below.

UG Courses

Popular International Business PG Courses

Following are the most popular International Business PG Courses . You can explore the top Colleges offering these PG Courses by clicking the links below.

PG Courses

Popular Exams

Following are the top exams for International Business. Students interested in pursuing a career on International Business, generally take these important exams.You can also download the exam guide to get more insights.

19 Dec ' 24

CAT 2024 result announcement

3 Dec ' 24 - 5 Dec ' 24

CAT 2024 answer key challenge

12 Apr ' 25

SET 2025: Last date of Registration and fee payment

25 Apr ' 25

SET 2025 admit card availability (Test 01)

24 Dec ' 24 - 2 Mar ' 25

MAT 2024 Registration Process PBT (February)

24 Dec ' 24 - 9 Mar ' 25

MAT 2024 Registration Process CBT (February)

5 Jan ' 25 - 10 Jan ' 25

NMAT 2024 Scheduling Window (second phase)

5 Jan ' 25 - 10 Jan ' 25

NMAT 2024 Registration Window (second phase)

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Student Forum

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Answered 3 days ago

Manipal University offers admission to several MBA courses via its affiliated college called TAPMI Manipal. The institute accepts several national-level entrance exams, such as CAT/ XAT/ CMAT, and NMAT, for admission to the MBA/PGDM courses. During the TAPMI Manipal MBA cutoff 2023, the CAT cutoff p

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R

Rashmi Sinha

Contributor-Level 10

Answered 6 days ago

Saint Joseph's University offers a master's in International Business for international students. The course includes Management, Marketing, Finance, and Global Strategic planning. The course is suitable for those who have a graduate degree in Sales, Marketing, Policy, International Banking, Human R

...more

J

Jasleen Shukla

Beginner-Level 4

Answered 6 days ago

EMPI Business School accepts multiple national-level management exams, including XAT, for admitting students to its PGDM courses. In 2024, the XAT cutoff percentile for admission to the PGDM in International Business course was 60 for the students belonging to the General AI quota. So, candidates se

...more

R

Rashmi Sinha

Contributor-Level 10

Answered a week ago

Yes, you can pursue studies in International Business after completing Class 12. Typically, after finishing secondary education (Class 12), students can enrol in undergraduate programs that specialize in business administration or management with a focus on International Business.

Admission requireme

...more

H

Himanshi Bisht

Beginner-Level 4

Answered a month ago

The significance of PGDM programme in International Business is given below:

  • JIMS PGDM-IB is a dual specialisation (both majors) course which provides the opportunity to select between Finance & Marketing specialisation along with International Business 
  • Extensive course curriculum covering all aspect

...more

A

Anangsha Pandey

Beginner-Level 4

Answered a month ago

With the increasing movement of domestic companies in the overseas markets and establishments of Global companies in India, the Corporate world prioritises individuals with exposure to Global business understanding. Candidates can explore the significance of the JIMS PGDM programme in International

...more

J

Jaya Madavi

Beginner-Level 5

Answered a month ago

After completing MBA in International Business from Guru Kashi University candidates can purse various global opportunities. Some of the job roles include, International Marketing Manager, Export and Import Manager, International Business Consultant, Global Supply Chain Manager, International Financ

...more

V

Vishakha

Contributor-Level 10

Answered a month ago

Admission to the MBA in International Business program at the Delhi School of Economics is strictly based on the CAT score. For general category cut-offs, they generally range near the 90 percentile rank. For other categories, it's almost a notch down: some 87-88 percentile for EWS and PWD candidate

...more

10284439
Ujjwal Gupta

Contributor-Level 9

Answered a month ago

SAGE University Bhopal offers a total of 60 seats for BCom in International Business & Finance. The university offers a total of 300 seats which are equally divided among its specialisations. Candidates can find the seat distribution for other specializations below:

CoursesSeats
B.Com. in Computers60
B.Com in Liberal Education60
B.Com. in Financial Analysis60
B.Com. in Business Economics60

R

Ranjeeta Rai

Contributor-Level 10

Answered 2 months ago

The curriculum of the MBA in International Business covers a wide range of subjects, including international trade and analytics, international business, international marketing, global finance, cross-cultural management, and strategic management. However, the first-semester subject is meant to make

...more

V

Vishakha

Contributor-Level 10

Answered 2 months ago

Choosing a college in Seattle for a BAS in International Business can be a good choice. If you want an affordable, hands-on program for small classes and focuses on practical skills directly related to the industrial sector. Not at Seattle University, where pretentious reports are widespread. Strong

...more

S

Shejal agrawal

Contributor-Level 10

Answered 2 months ago

The table below shows the top distance MBA IB colleges in India along with their tuition fees:

Distance CollegesTuition Fee
Symbiosis Centre for Distance LearningINR 50,000
All India Institute of Management StudiesINR 4,000 - INR 10,000
Directorate of Distance Education, Madurai Kamaraj UniversityINR 9,000 - INR 36,000
IICT Business School LucknowINR 32,000
Symbiosis Centre for Distance Learning, NoidaINR 30,000

T

Tasbiya Khan

Contributor-Level 10

Answered 2 months ago

Refer to the table below for a detailed overview of some of the affordable MBA in IB colleges in India having fees of less than INR 1 lakh:

Low-cost CollegesTuition Fee
Jamia Millia IslamiaINR 39,000 - INR 47,000
Banaras Hindu UniversityINR 99,000
GJUSTINR 92,000
Delhi School of Economics (DSE), University of DelhiINR 2,000
Pondicherry UniversityINR 32,000

T

Tasbiya Khan

Contributor-Level 10

Answered 2 months ago

Graduates of the Bachelor of Applied Science (BAS) in International Business from North Seattle College can pursue a variety of job opportunities across different sectors. The job roles and estimated salaries are drafted below:

Project Manager, (Unspecified Type / General)$49k - $104k
Financial Analyst$51k - $79k
Marketing Director$52k - $166k
Marketing Manager$48k - $114k
Customer Success Manager$49k - $101k
Senior Financial Analyst$64k - $102k
Staff Accountant$40k - $67k

M

Misha

Contributor-Level 10

Answered 2 months ago

The 2024 placements for MBA International Business have successfully concluded. The highest and average packages offered were INR 24.65 LPA and INR 13.51 LPA, respectively. The following table mentions the important details related to SIIB Pune MBA placements 2024 in International Business:

ParticularsMBA International Business Placement Statistics (2024)
Highest packageINR 24.65 LPA
Average packageINR 13.51 LPA
Median packageINR 12.65 LPA
Top 10% packageINR 18.89 LPA
Top 25% packageINR 17.16 LPA
Top 50% packageINR 15.50 LPA

A

Aarushi Kalra

Contributor-Level 10

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