International business is new field of study developed to learning how international trade functions, the demands for courses has increased over the years with the rise of MNCs and modern innovations of transportation and communication.

What Is International Business?

In simple terms, any commercial trade of goods, services, people, resources, technology, or idea that is undertaken across border falls within the purview of international business.

International business can be conducted in several formats like,

1. Goods moving from one country to another encompasses trading, exporting and importing.

2. Agreement contracts which allows companies and firms to use goods, services or process from another country (licensing and franchising)

3. It also can be conducted by formation of distribution, research, development and manufacturing facilities in foreign markets.

Why Study International Business?

International business over the years have grew importance as modern innovation in communication and transportation has allowed the world to effectively communicate with each other much faster than it was half a decade ago. The introduction of the internet and digital marketing has also changed how we perceive the world now.

This development has resulted in several companies functioning on a global scale and with global expansion comes a need to understand how the global market works. This is where a professional with a Post graduate in international business can tip the scales to a company’s favor.

There are several benefits to studying international business some of them are:

1. A PG course in international business is wanted everywhere by almost every major organization making it a great career prospect.

2. The demand for professional in the field of international business is ever expanding and according to statistic is only waiting to grow in multiples of lakhs by few more years.

3. The course structure and field of study is very versatile and can fit in almost any organization.

4. Jobs that demand the expertise of a professional in international studies often come with handsome salary packages.

5. Unlike certain positions which only cater to the private or public sector, a specialization in international business can land you a place in both the private and public sector.

The ITM Post Graduate In International Business

1. For starters, the post graduate course on international business is approved by the AICTE and is a full time course for a two year period.

2. Students in ITM are provided with a 10 week Global Immersion Program which is conducted in ESSCA Budapest, Hungary and EM Normandy, France. This is conducted to provide the student with international exposure and prepare them to face the global world which is always ever evolving.

3. Students are provided with an international faculty which trains them by providing insights into business and its realities within the European Union. They also provide students the necessary skills to prepare them to deal with local laws.

4. The curriculum in ITM is based on some of the top international business schools in the world like MIT, IIFT and Thunderbird.

5. A two month project is provided to the students where they worked in an NGO for the duration to provide an all-round experience.

6. Students are also provided with a two month internship in top MNCs and startups to assist students in building their resumes.

7. Students are also provided compulsory lessons on French.

8. Workshops and seminars from lecturers and guest lecturers are commonly taken and students are encouraged to take part in such events to develop them self in a wholesome manner.

Students interested in the field of international business should enroll themselves in an institution like ITM that provides students not just with the knowledge of international business but also the necessary exposure, skills and experience to follow through.

ITM post graduates in international business has produced several stalwarts in the field for top NGOs and Business in the country and around the world. Visit https://itm.edu/ for more information.