There is a course called Master’s in International Business. But can you briefly explain to me the difference between Master’s in IB and MBA in IB. What is the scope and placement of Master’s in International Business? Do we have to give any entrance exams to pursue this Master’s course? Should I select MBA or Master’s?
Lorretta Gonsalves (19)
Both the courses focus on International Business. Master’s in International Business (MIB) is a highly specialized course placing an emphasis exclusively on issues related to international business with a cross-cultural perspective, and includes language and culture classes. It will enable you to delve into international issues in great depth.
In contrast, an international business MBA programme will help you develop a general set of management skills in addition to specific multinational knowledge. It will allow you to develop a set of skills that can be transferred to other areas.
So if you want to focus on International business only, go for MIB. But if you’re not too sure, then go for MBA as it may also qualify you to hold management positions in other fields should you become interested in a different career.
Dr Vibha Gupta, a feature writer, is a Ph.D. in Mathematics from IIT Roorkee. Her book Careers: A Pathfinder and articles in various publications are an attempt to guide students in choosing a career according to their natural strengths, talents and skills.