Top Colleges for PGDM International Business
Compared to other management schools, there are fewer colleges offering a specialty in PGDM-IB degrees. Like any other MBA program, the PGDM-IB selection procedure necessitates passing MBA admission exams. For your convenience, a list of the best universities with concentrations in this area is provided below:
College Name | Total Course Fees |
Management Development Institute | INR 25,00,000 |
Institute of Management Studies | INR 7,95,000 |
Birla Institute Of Management Technology | INR 12,00,000 |
Asia- Pacific Institute of management | INR 9,65,000 |
Fore School of Management | INR 3,99,500 |
College Comparison: PGDM International Business
PGDM-IB courses are offered by several universities across the nation. Even when the institutions provide specialized courses in the same disciplines, one college is superior to the other despite little distinctions. A comparison of the best business schools that offer PGDM-IB courses is given below. The comparison is made based on factors including average course fees, average placement, top recruiters, and overall India Today ranking.
College | Management Development Institute, Gurugram | Institute of Management Studies, Ghaziabad | Birla Institute Of Management Technology |
Rank | 7 | 14 | 21 |
Overview | Accredited by AMBA, AICTE, NBA | Accredited by AICTE and NBA. | Accredited by NBA and NAAC (A+) |
Average Fees | INR 25,00,000 | INR 7,95,000 | INR 12,00,000 |
Average Placement | INR 22.05 LPA | INR 12 LPA | INR 16 LPA |
Top Recruiters | Hinduja Group, Average Group, Infosys Consulting, JSW Group, McKinsey Digital | Colgate, Deloitte, Berger, Airtel, ITC, Kent, Godrej, Amul | Infosys, KPMG, Gartner, Nielsen, HDFC Bank, Oppo, Marsh, RAK, MOODY’s Analytics, Panasonic |
Factors for evaluating colleges for this course
Evaluating colleges for a PGDM in International Business program involves considering various factors to ensure an informed decision that aligns with your academic and career goals. Here's an in-depth exploration of key criteria to consider:
Accreditation and Rankings: Begin by assessing the accreditation status and rankings of colleges offering PGDM in International Business programs. Accreditation from reputable bodies ensures program quality and adherence to industry standards, while rankings provide insight into the college's reputation and standing within the academic community.
Faculty Expertise: Evaluate the expertise and qualifications of the faculty members within the International Business department. Experienced faculty with industry exposure and academic credentials contribute to a robust learning environment, offering valuable insights and mentorship to students.
Curriculum and Specializations: Analyze the curriculum structure and available specializations within the PGDM in International Business program. A comprehensive curriculum covering diverse areas such as global marketing, cross-cultural management, and international finance enhances the learning experience and prepares students for a range of career paths within the global business landscape.
Industry Collaborations and Internship Opportunities: Look for colleges that have collaborations with industry partners and offer internship opportunities to students. These partnerships provide exposure to real-world business scenarios, allowing students to apply theoretical concepts in practical settings and gain valuable industry experience.
Global Exposure and Exchange Programs: Consider colleges that offer global exposure through international exchange programs, collaborations with foreign universities, or study tours abroad. Such initiatives enable students to broaden their horizons, develop cross-cultural competencies, and establish global networks essential for success in international business roles.
Placement Record: Assess the college's placement record and industry connections within the international business domain. A strong track record of placements in reputed organizations indicates the college's credibility and effectiveness in preparing students for employment opportunities in the global marketplace.
Infrastructure and Facilities: Evaluate the infrastructure and facilities available on campus, including library resources, state-of-the-art classrooms, computer labs, and recreational amenities. A conducive learning environment with modern facilities enhances the overall student experience and supports academic growth.
Student Support Services: Consider the availability of student support services such as career counseling, academic advising, and extracurricular activities. Colleges that prioritize student well-being and holistic development contribute to a nurturing learning environment conducive to personal and professional growth.
Alumni Network: Explore the college's alumni network and engagement initiatives. A strong alumni network provides valuable mentorship, networking opportunities, and industry connections that can facilitate career advancement and professional development for current students.
Cost and Financial Aid: Lastly, consider the cost of tuition and available financial aid options, including scholarships, grants, and student loans. Evaluate the return on investment in terms of the program's value proposition and potential career outcomes to make an informed decision regarding affordability and financial feasibility.
PGDM International Business vs PGDM
Although they are similar in essence, the postgraduate diploma and the postgraduate diploma in international business differ slightly. Below is a discussion of the two courses' parallels and differences:
PGDM | PGDM International Business |
To train and produce Future managers | To produce managers who can work with companies engaged in International Business Operations |
New Course – Introduced 11 years back | Old course- introduced 23 years back |
More focus is on understanding problems that are generated by linking Indian businesses to foreign ones. | Aimed at developing improved thinking and concept building for improved decision-making |
Students of PGDM-IB are taught with a perspective of the global environment. | Students in the PGDM Course are taught generally with the corporate world in mind, not necessarily linked to international business operations. |
Career Opportunities in PGDM-IB
The following are a few jobs that graduates of the PGDM International Business program have obtained:
Job Profile | Job Description | Average Annual Salary |
Business Analyst | Understand the changes in business processes and convey its benefits to all the stakeholders | INR 10.11 L |
Export Manager | To manage international shipments and ensure that they comply with the laws of the governing authority | INR 8.33 L |
International Finance Manager | Managing Activities such as accounting operations, grants management, donor and management reporting, budget planning and monitoring, financial analysis and forecasting, etc. for the designated client | INR 14 L |
Campaign Manager | They devise and run marketing campaigns for companies | INR 10 L |
International Customer Relations Manager | Helping in building strong and long term relations with clients. Also, addressing customer complaints comes under their responsibility | INR 10 L |
Product Manager | Devise the process of product release and coordinate all activities for launching a product in the market | INR 17 L |
International Marketing Manager | Responsible for increasing the market share and profits of their company. | INR 12 L |
Sales Manager | Responsibilities include hiring of team members, leading the sales team, overseeing their performance and developing processes for driving sales. | INR 12 L |
