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B-COM in International Business at SRM Institute of Science and Technology
Chengalpattu, Tamil Nadu
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About the Specialization
What is International Business at SRM Institute of Science and Technology Chengalpattu?
This International Business program at SRM Institute of Science and Technology focuses on equipping students with comprehensive knowledge and skills vital for navigating the complexities of global trade and commerce. It emphasizes cross-cultural business practices, international finance, and logistics, catering to India''''s growing integration into the global economy. The program''''s design incorporates analytical tools and strategic frameworks relevant to multinational operations.
Who Should Apply?
This program is ideal for fresh graduates seeking entry into global trade, export-import houses, or international finance roles in India. It also suits working professionals looking to upskill in international marketing, supply chain, or HR, and career changers transitioning into the dynamic international business landscape. A strong interest in global affairs and economics is beneficial.
Why Choose This Course?
Graduates of this program can expect diverse India-specific career paths in international marketing, logistics, foreign exchange, or export management, with entry-level salaries typically ranging from INR 3-5 LPA, growing significantly with experience. They can pursue roles in MNCs operating in India or Indian companies with global footprints, aligning with certifications like Certified International Trade Professional.
Student Success Practices
Foundation Stage
Build Strong Business Fundamentals- (Semester 1-2)
Focus on excelling in core subjects like Financial Accounting, Business Statistics, and Principles of Management. Attend all lectures, participate in discussions, and clarify doubts immediately to lay a solid academic base. This ensures a strong grasp of essential business concepts.
Tools & Resources
Textbooks, Class Notes, SRMIST Library resources, Peer study groups
Career Connection
A robust foundation is critical for understanding advanced specialization subjects and excelling in competitive entrance exams for higher studies or entry-level job interviews in finance or general management roles.
Enhance Communication and IT Skills- (Semester 1-2)
Actively participate in Business Communication classes and diligently practice Computer Applications in Business. Aim for certifications in MS-Office or basic data analysis tools. Join college clubs focused on public speaking or debate to refine soft skills.
Tools & Resources
Microsoft Office Suite, Online tutorials (e.g., NPTEL for communication), Toastmasters International (if available)
Career Connection
Effective communication and proficiency in business software are non-negotiable for all business roles, making you a more desirable candidate for internships and placements across sectors in India.
Network and Explore Business Areas- (Semester 1-2)
Attend guest lectures, industry workshops, and seminars organized by the Faculty of Management. Engage with faculty members about potential career paths and start building a professional network. Explore various business specializations to understand your interests.
Tools & Resources
SRMIST Career Development Centre, LinkedIn, Industry event calendars
Career Connection
Early networking can lead to mentorship opportunities and provide insights into different industries, helping you align your academic choices with future career aspirations in the Indian job market.
Intermediate Stage
Deep Dive into International Business Concepts- (Semester 3-5)
Pay special attention to core International Business subjects like International Trade Finance, Global Marketing, and Export-Import Procedures. Read international business journals and case studies from Indian companies engaged in global trade. Consider undertaking minor research projects.
Tools & Resources
International trade journals, ICMR case studies, World Trade Organization (WTO) website
Career Connection
A deep understanding of these subjects makes you competitive for roles in trade finance, global logistics, and international marketing within Indian and multinational companies.
Acquire Practical Skills with Foreign Language- (Semester 4-5)
Take the foreign language courses seriously and practice regularly. Aim for basic proficiency and cultural understanding in a chosen language. Seek out opportunities to interact with native speakers or cultural exchange programs, even online.
Tools & Resources
Duolingo, Babbel, Alliance Française/Goethe-Institut local centers, language exchange apps
Career Connection
Proficiency in a foreign language is a significant advantage in international business roles in India, opening doors to liaison, translation, and overseas posting opportunities, and demonstrating adaptability.
Seek Industry Internships and Projects- (Semester 3-5)
Proactively search for internships with export-import firms, logistics companies, or international divisions of Indian businesses. Work on industry-relevant mini-projects or case competitions to apply theoretical knowledge and gain practical experience.
Tools & Resources
Internshala, LinkedIn Jobs, SRMIST placement cell, industry associations like FIEO
Career Connection
Internships provide crucial real-world exposure, allowing you to build a professional network and gain experience that is highly valued by employers for final placements in the Indian corporate landscape.
Advanced Stage
Master Advanced Specialization & Analytics- (Semester 6)
Excel in advanced international business subjects like International Financial Management and International Logistics & SCM. Develop strong analytical skills by working with business analytics software and engaging in data-driven projects related to global markets.
Tools & Resources
Advanced Excel, R/Python for data analysis, business intelligence tools like Tableau/Power BI
Career Connection
Specialized knowledge combined with analytical prowess prepares you for advanced roles in international finance, supply chain optimization, and market analysis, which are high-demand areas in India''''s globalized economy.
Undertake a Comprehensive Project/Internship- (Semester 6)
Engage deeply in your final year project or extended internship, focusing on a complex problem in international business. Aim to deliver tangible solutions or actionable insights. This demonstrates your ability to work independently and apply cumulative knowledge.
Tools & Resources
Project management software, research databases, mentorship from faculty/industry experts
Career Connection
A well-executed project or internship serves as a powerful resume builder and talking point during placement interviews, showcasing your problem-solving abilities and readiness for the industry.
Prepare Strategically for Placements & Career- (Semester 6)
Utilize SRMIST''''s career services for resume building, mock interviews, and group discussions specifically tailored for international business roles. Research target companies, understand their global operations, and prepare for aptitude tests and domain-specific interviews.
Tools & Resources
SRMIST Placement Cell, online aptitude test platforms (e.g., AmbitionBox), company websites
Career Connection
Strategic preparation significantly boosts your chances of securing placements in top Indian and international companies, ensuring a smooth transition from academics to a rewarding career in global business.
Program Structure and Curriculum
Eligibility:
- A pass in 10+2 or equivalent examination with Commerce or Accountancy or Mathematics as one of the subjects.
Duration: 6 semesters / 3 years
Credits: 140 Credits
Assessment: Internal: 40% (Theory), 60% (Practical/Project), External: 60% (Theory), 40% (Practical/Project)
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 21BCB101J | Business Statistics | Core | 3 | Introduction to Statistics, Data Collection & Presentation, Measures of Central Tendency, Measures of Dispersion, Probability |
| 21BCB102J | Financial Accounting | Core | 3 | Introduction to Accounting, Journal & Ledger, Trial Balance, Final Accounts of Sole Proprietorship, Depreciation |
| 21BCB103J | Business Communication | Core | 3 | Basics of Communication, Types of Communication, Written Communication, Oral Communication, Business Correspondence |
| 21BCB104J | Principles of Management | Core | 3 | Introduction to Management, Planning, Organizing, Staffing, Directing and Controlling |
| 21HSB101 | English | Core (Language) | 3 | Grammar & Usage, Reading Comprehension, Writing Skills, Listening & Speaking, Business Etiquette |
| 21BCB105L | Computer Applications in Business | Skill-based (Lab) | 2 | MS-Office, Internet & E-commerce, Data Analytics Basics, Cyber Security Basics |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 21BCB201J | Cost Accounting | Core | 3 | Introduction to Cost Accounting, Material Costing, Labour Costing, Overhead Costing, Activity-Based Costing |
| 21BCB202J | Business Law | Core | 3 | Indian Contract Act, Sale of Goods Act, Consumer Protection Act, Negotiable Instruments Act, Companies Act (Introduction) |
| 21BCB203J | Marketing Management | Core | 3 | Introduction to Marketing, Marketing Mix, Product Life Cycle, Pricing Strategies, Promotion & Distribution |
| 21BCB204J | Human Resource Management | Core | 3 | Introduction to HRM, HR Planning, Recruitment & Selection, Training & Development, Performance Appraisal |
| 21BCB205J | Financial Services | Core | 3 | Introduction to Financial System, Banking, Insurance, Mutual Funds, Stock Market |
| 21BCB206L | Advanced Excel for Business | Skill-based (Lab) | 2 | Advanced Formulas, Data Visualization, Data Validation, Pivot Tables, Macros |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 21BCB301J | Corporate Accounting | Core | 3 | Share Capital, Debentures, Redemption of Preference Shares, Final Accounts of Companies, Amalgamation |
| 21BCB302J | Organisational Behaviour | Core | 3 | Introduction to OB, Perception, Learning, Motivation, Group Dynamics |
| 21BCB303J | Production and Operations Management | Core | 3 | Introduction to POM, Facility Location, Production Planning, Inventory Management, Quality Control |
| 21BCB304J | International Business | Core | 3 | Nature and Scope of IB, Theories of IB, Modes of Entry, WTO, Globalisation |
| 21BCB305J | Export and Import Procedures | Core | 3 | Export Policy, Import Policy, Export Documentation, Import Documentation, Custom Clearance |
| 21BCB306L | Software for Business Analytics | Skill-based (Lab) | 2 | Introduction to R/Python (basic), Data Import, Data Cleaning, Basic Visualizations |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 21BCB401J | Income Tax Law and Practice | Core | 3 | Basic Concepts of Income Tax, Residential Status, Heads of Income (Salary, House Property), Deductions, Computation of Tax |
| 21BCB402J | E-Commerce | Core | 3 | Introduction to E-Commerce, Business Models, Payment Systems, E-Security, Digital Marketing |
| 21BCB403J | International Trade Finance | Core | 3 | Sources of Trade Finance, Methods of Payment, EXIM Bank, ECGC, Foreign Exchange Markets |
| 21BCB404J | Global Marketing | Core | 3 | Global Marketing Environment, Global Product Strategy, Global Pricing, Global Distribution, Global Promotion |
| 21BCB405J | Entrepreneurship Development | Core | 3 | Concept of Entrepreneurship, Entrepreneurial Process, Business Plan, Funding Sources, Legal Aspects |
| 21BCB406L | Foreign Language – I | Skill-based (Lab) | 2 | Basic Vocabulary, Greetings, Self-Introduction, Simple Conversations, Cultural Awareness |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 21BCB501J | Goods and Service Tax | Core | 3 | Introduction to GST, Levy & Collection of GST, Input Tax Credit, GST Registration, Returns |
| 21BCB502J | Management Accounting | Core | 3 | Introduction to Management Accounting, Marginal Costing, Budgetary Control, Standard Costing, Fund Flow Statement |
| 21BCB503J | International Marketing Research | Core | 3 | Introduction to IMR, Data Collection in IMR, Research Design, Data Analysis, Report Writing |
| 21BCB504J | International Human Resource Management | Core | 3 | Introduction to IHRM, Expatriate Management, Compensation & Benefits, International Labour Relations, Global Talent Management |
| 21BCB505J | International Logistics and Supply Chain Management | Core | 3 | Introduction to ILSCM, International Transportation, Warehousing & Inventory, Customs & Regulations, Global Supply Chain Strategies |
| 21BCB506E | Retail Management | Elective | 3 | Retail Formats, Store Location, Merchandising, Retail Operations, Customer Relationship Management |
| 21BCB507E | Digital Marketing | Elective | 3 | SEO, SEM, Social Media Marketing, Content Marketing, Email Marketing |
| 21BCB508E | Financial Markets and Institutions | Elective | 3 | Money Market, Capital Market, SEBI, RBI, Investment Banks |
| 21BCB509E | Business Analytics | Elective | 3 | Predictive Analytics, Prescriptive Analytics, Data Mining, Big Data, Business Intelligence |
| 21BCB510L | Foreign Language – II | Skill-based (Lab) | 2 | Intermediate Grammar, Conversation Practice, Business Communication, Cultural Nuances, Presentation Skills |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 21BCB601J | Auditing and Corporate Governance | Core | 3 | Introduction to Auditing, Types of Audit, Audit Planning, Internal Control, Corporate Governance |
| 21BCB602J | Project Management | Core | 3 | Introduction to Project Management, Project Life Cycle, Project Planning, Project Scheduling, Risk Management |
| 21BCB603J | International Financial Management | Core | 3 | Introduction to IFM, Foreign Exchange Risk Management, International Capital Budgeting, International Working Capital Management, Global Financial Markets |
| 21BCB604P | Project Work / Internship | Project | 6 | Project Identification, Literature Review, Methodology, Data Analysis, Report Writing |
| 21BCB605E | Financial Derivatives | Elective | 3 | Futures, Forwards, Options, Swaps, Hedging Strategies |
| 21BCB606E | Rural Marketing | Elective | 3 | Rural Consumer Behavior, Rural Market Environment, Product & Pricing in Rural Areas, Distribution & Promotion in Rural Areas |
| 21BCB607E | International Business Law | Elective | 3 | International Contracts, Intellectual Property Rights, Dispute Resolution, WTO Law, UN Convention on Contracts for International Sale of Goods |
| 21BCB608E | Data Visualization | Elective | 3 | Principles of Visualization, Chart Types, Dashboard Design, Tableau/Power BI Basics |
