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MBA 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 future managers with the skills to navigate the complexities of the global marketplace. India''''s growing integration into the world economy makes this specialization highly relevant, preparing students for roles in multinational corporations and export-oriented businesses. The program aims to foster a global mindset, essential for success in today''''s interconnected business landscape.
Who Should Apply?
This program is ideal for fresh graduates aspiring to careers in global trade, international finance, or cross-cultural management. It also benefits working professionals seeking to transition into international roles or enhance their global business acumen. Candidates with a strong interest in global affairs, economics, and diverse cultures, and those looking to contribute to India''''s position on the global stage, will find this program rewarding.
Why Choose This Course?
Graduates of this program can expect diverse career paths in India-based MNCs, export houses, logistics firms, and international consulting. Entry-level salaries typically range from INR 4-7 lakhs per annum, with experienced professionals earning significantly more (INR 10-25 lakhs+). Growth trajectories include roles like International Marketing Manager, Export-Import Executive, or Global Supply Chain Analyst, often aligning with certifications in foreign trade and logistics.
Student Success Practices
Foundation Stage
Master Core Business Fundamentals- (Semester 1-2)
Dedicate time to thoroughly understand core subjects like Managerial Economics, Accounting, and Statistics. Utilize online resources like Coursera or NPTEL for supplementary learning. Form study groups with peers to discuss complex concepts and prepare for internal assessments, which contribute significantly to overall grades.
Tools & Resources
NPTEL courses on Management, Coursera Business Analytics, SRMIST Library Resources, Peer study groups
Career Connection
A strong foundation in core business principles is critical for understanding international business dynamics and performing well in initial job roles, as many interviews test these basics.
Enhance Communication and Professional Skills- (Semester 1-2)
Actively participate in the Business Communication and Life Skills Lab. Practice public speaking, group discussions, and mock interviews regularly. Join debating clubs or college committees to improve leadership and teamwork, which are highly valued by Indian recruiters for global roles.
Tools & Resources
Toastmasters International (local chapters), Online English language proficiency tests, SRMIST Career Development Cell workshops
Career Connection
Effective communication and presentation skills are indispensable for international business roles, enabling clear interaction with global clients and teams, and securing internship/placement opportunities.
Build Proficiency in Business Computing Tools- (Semester 1-2)
Utilize the Business Computing Lab to gain hands-on experience with MS Office Suite (Excel for data analysis) and other business software. Explore basic data visualization tools. This practical skill is essential for data-driven decision-making in any modern organization, particularly in an international context.
Tools & Resources
Microsoft Excel advanced courses, Tableau Public (free version), Google Sheets tutorials
Career Connection
Proficiency in business computing tools makes you more efficient and marketable, especially for analytical roles in global business operations and reporting.
Intermediate Stage
Deep Dive into International Business Electives- (Semester 2-3)
Strategically choose International Business electives based on your career interests (e.g., International Marketing, Finance, or SCM). Supplement classroom learning with industry journals and case studies specific to India''''s global trade. Aim to undertake mini-projects related to these specialized areas.
Tools & Resources
Harvard Business Review (India editions), Journals on International Business, Case Study Competitions
Career Connection
Specialized knowledge in chosen IB domains makes you a targeted candidate for specific roles in international departments of companies like TCS, Reliance, or global logistics firms.
Seek Relevant Summer Internship Opportunities- (After Semester 2 (Summer break))
Actively seek summer internships in companies with international operations, export-import businesses, or global supply chain functions. Focus on gaining practical exposure to real-world challenges in an international setting. Network with professionals during your internship to build connections.
Tools & Resources
Internshala, LinkedIn Jobs, SRMIST Placement Cell, Industry specific job portals
Career Connection
A relevant internship provides invaluable industry experience, strengthens your resume, and often leads to pre-placement offers or strong referrals for full-time roles in India''''s global business sector.
Engage in Global Affairs and Cultural Exchange- (Semester 2-3)
Participate in college events focused on global trade, international relations, or cross-cultural discussions. Read international news and analyze global economic trends. Learn a foreign language if possible, as it significantly enhances career prospects in international business in India and abroad.
Tools & Resources
The Economist, Foreign Policy magazine, Duolingo, Alliance Française or Goethe-Institut courses
Career Connection
Understanding global affairs and developing cross-cultural communication skills are crucial for navigating diverse international business environments and succeeding in multicultural teams.
Advanced Stage
Execute a High-Impact Project Work- (Semester 4)
Choose a project topic directly relevant to International Business. Aim to solve a real-world problem or conduct in-depth research with practical implications for Indian or global businesses. Leverage your internship experience and faculty mentorship to produce a comprehensive and impactful dissertation.
Tools & Resources
Research databases (JSTOR, EBSCO), Statistical software (SPSS, R), Mentorship from faculty and industry experts
Career Connection
A well-executed project demonstrates your research, analytical, and problem-solving capabilities, making you highly attractive to employers, especially for roles requiring strategic thinking.
Focus on Placement Preparation and Networking- (Semester 3-4)
Intensively prepare for campus placements, focusing on company-specific aptitude tests, group discussions, and personal interviews. Attend mock interview sessions. Network with alumni working in international business roles and attend industry seminars and webinars to understand current trends.
Tools & Resources
Online aptitude test platforms, LinkedIn for professional networking, SRMIST Alumni Network, Placement preparation books
Career Connection
Effective placement preparation is key to securing desirable roles in top Indian and multinational companies, maximizing your career launchpad.
Develop Advanced Analytical and Strategic Skills- (Semester 3-4)
Beyond coursework, engage with advanced business analytics tools and strategic frameworks relevant to global markets. Consider certifications in areas like supply chain management or digital marketing from global platforms if aligned with your career goals. This demonstrates proactive learning and specialized expertise.
Tools & Resources
Certifications from institutions like IIFT, EXIM Bank, Online courses on advanced Excel/Power BI, Strategic management case study books
Career Connection
Advanced skills in analytics and strategy enable you to take on complex responsibilities in global decision-making, setting you apart for leadership roles and career progression in firms operating internationally.
Program Structure and Curriculum
Eligibility:
- Bachelor''''s Degree with minimum 50% aggregate marks. Valid scores in SRMJEEM / CAT / MAT / XAT / GMAT / CMAT / NMAT / ATMA.
Duration: 2 years (4 semesters)
Credits: 100 Credits
Assessment: Internal: 50%, External: 50%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BM2101 | Management Principles and Practices | Core | 4 | Evolution of Management Thought, Planning and Decision Making, Organizing and Staffing, Directing and Controlling, Managerial Functions |
| BM2102 | Managerial Economics | Core | 4 | Demand and Supply Analysis, Production and Cost Analysis, Market Structures and Pricing, Macroeconomic Indicators, Government Policies and Business |
| BM2103 | Accounting for Managers | Core | 4 | Financial Accounting Principles, Cost Accounting Concepts, Management Accounting Tools, Financial Statement Analysis, Budgeting and Control |
| BM2104 | Business Statistics | Core | 4 | Probability and Distributions, Sampling and Estimation, Hypothesis Testing, Correlation and Regression, Decision Theory |
| BM2105 | Organizational Behavior | Core | 4 | Individual Behavior and Perception, Group Dynamics and Teamwork, Motivation and Leadership, Communication and Conflict Management, Organizational Culture and Change |
| BM21L1 | Business Communication and Life Skills Lab | Lab | 1 | Verbal and Non-verbal Communication, Presentation Skills, Group Discussion Techniques, Interview Skills, Personality Development |
| BM21L2 | Business Computing Lab | Lab | 1 | MS Office Applications, Data Analysis Tools, Business Software, Internet for Business, Basic Programming for Business |
| BM2106 | Corporate Social Responsibility & Ethics | Core | 3 | Ethical Theories in Business, CSR Concepts and Models, Stakeholder Management, Corporate Governance, Ethical Decision Making |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BM2201 | Marketing Management | Core | 4 | Marketing Mix Strategies, Consumer Behavior Analysis, Market Segmentation and Targeting, Product and Brand Management, Pricing and Distribution Decisions |
| BM2202 | Human Resource Management | Core | 4 | HR Planning and Recruitment, Selection and Placement, Training and Development, Performance Management Systems, Compensation and Benefits |
| BM2203 | Financial Management | Core | 4 | Capital Budgeting Decisions, Working Capital Management, Cost of Capital and Capital Structure, Dividend Policy, Sources of Finance |
| BM2204 | Operations Management | Core | 4 | Production Planning and Control, Quality Management and TQM, Inventory Control Systems, Supply Chain Management Basics, Project Management Techniques |
| BM2205 | Research Methods for Management | Core | 4 | Research Design and Process, Data Collection Methods, Sampling Techniques, Data Analysis and Interpretation, Report Writing and Presentation |
| BM22L3 | Research Project | Project | 2 | Problem Identification, Literature Review, Methodology Development, Data Collection and Analysis, Report Preparation |
| BM22C1 | International Business Environment | Elective Choice (International Business) | 4 | Globalization and its Impact, Economic Systems and Trade, Political and Legal Environment, Cultural Dynamics in Business, Technological Factors in IB |
| BM22C2 | International Marketing | Elective Choice (International Business) | 4 | Global Market Analysis, Product and Pricing Strategies, International Promotion and Distribution, Market Entry Strategies, Digital International Marketing |
| BM22C3 | International Financial Management | Elective Choice (International Business) | 4 | Foreign Exchange Markets, Exchange Rate Risk Management, International Capital Budgeting, International Working Capital Management, Foreign Direct Investment |
| BM22C4 | Export-Import Management | Elective Choice (International Business) | 4 | Export-Import Procedures, Documentation and Customs, Trade Barriers and Agreements, International Logistics, Export-Import Finance |
| BM22C5 | International Logistics and Supply Chain Management | Elective Choice (International Business) | 4 | Global Supply Chain Design, International Transportation, Warehousing and Inventory, Incoterms and Documentation, Logistics Technology |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BM2301 | Business Analytics | Core | 4 | Data Mining Techniques, Predictive Analytics Models, Prescriptive Analytics and Optimization, Business Intelligence Dashboards, Data Visualization |
| BM2302 | Strategic Management | Core | 4 | Strategic Analysis and Formulation, Strategy Implementation, Strategic Control and Evaluation, Corporate Level Strategies, Business Ethics and Governance |
| BM23I1 | Summer Internship | Internship | 1 | Industry Exposure, Project Execution, Report Writing, Presentation Skills, Practical Application of Concepts |
| BM23F1 | Industrial Visit / Field Study | Core | 4 | Industry Observation, Market Research, Case Study Analysis, Data Collection in Field, Report Submission |
| BM23C6 | International HRM | Elective Choice (International Business) | 4 | Global HR Strategies, Cross-Cultural Management, Expatriate Management, International Compensation, Global Talent Management |
| BM23C7 | International Trade Law | Elective Choice (International Business) | 4 | WTO Agreements and Principles, International Contracts, Intellectual Property Rights, Dispute Resolution Mechanisms, International Sales Law |
| BM23C8 | Cross Cultural Management | Elective Choice (International Business) | 4 | Cultural Dimensions and Models, Communication Across Cultures, Negotiation Styles Globally, Managing Diversity, Global Leadership Skills |
| BM23C9 | Foreign Exchange and Risk Management | Elective Choice (International Business) | 4 | Foreign Exchange Markets, Exchange Rate Forecasting, Currency Derivatives, Hedging Strategies, Interest Rate Risk Management |
| BM23CA | Regional Economic Groupings & International Organizations | Elective Choice (International Business) | 4 | Economic Integration Theories, Major Regional Blocs (EU, ASEAN), WTO and its Functions, IMF and World Bank, UNCTAD and Trade Development |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BM24PW | Project Work | Project | 9 | Research Problem Definition, Methodology Design, Data Collection and Analysis, Findings and Recommendations, Dissertation Writing and Defense |
| BM24CB | International Business Negotiations | Elective Choice (International Business) | 4 | Negotiation Process and Styles, Cross-Cultural Negotiation, Strategy and Tactics in IB, Conflict Resolution in Global Deals, Legal and Ethical Aspects |
| BM24CC | International Project Management | Elective Choice (International Business) | 4 | Global Project Planning, Cross-Border Project Execution, Risk Management in International Projects, Global Project Teams, Project Monitoring and Control |
| BM24CD | Global Sourcing and Procurement | Elective Choice (International Business) | 4 | Global Sourcing Strategies, Vendor Management, International Contracts, Ethical and Sustainable Sourcing, Procurement Technologies |
| BM24CE | International Entrepreneurship | Elective Choice (International Business) | 4 | Global Business Opportunities, Cross-Border Venture Creation, International Funding Sources, Market Entry Strategies for Startups, Legal and Regulatory Aspects |
| BM24CF | Emerging Markets & Business | Elective Choice (International Business) | 4 | Characteristics of Emerging Economies, Business Opportunities and Challenges, Market Entry Strategies, Innovation in Emerging Markets, Case Studies of MNCs |
