Students with a PGDM in International Business can expect to work in both the public and private sectors after graduation. They are in high demand for management positions in international trade companies or as experts in consultancies that assist organisations grow into new markets. They can work for banks, financial institutions, trading houses, investment firms, export/import firms, and international business consultants. Because international trade is mostly performed through ports and aeroplanes, these specialists can also work for airlines, freight companies, and global shipping companies. Establishing consultancy firms to aid clients in international trade could be another option for PGDM (International Business) postgraduates.The PGDM in International Business is a fantastic programme to do because it provides good career prospects and growth opportunities not just in India, but also around the world. Every firm nowadays is looking to expand into the international market. It is a competitive age, and everyone is attempting to adopt a money-making strategy. One of the signs that you’re in a race is the ability to recognise oneself in an international market.
As the world has gotten more connected in recent decades, international business operations have exploded. As a result of the internet and globalisation, there are various opportunities for firm executives in international trade. When you pursue a PGDM in International Business, you will learn about international communication, digital business, digital marketing, human capital development, data analytics, and more. The following are the top five reasons to pursue an MBA in International Business:
1. GET AN EDGE ON THE MARKET COMPETITION
Thanks to ever-evolving technology and global convergence, our economy is genuinely global. Companies are looking for persons who have the skills and talents to navigate international waters so that they can expand their business on foreign grounds.
2. TRAVEL TO NEW LANDS AND LEARN NEW SKILLS
The majority of PGDM programmes will assist you in completing an international business internship or learning at least one foreign language while you are enrolled.
This opens up a whole new world of possibilities. Not to mention the fact that you’ll be working for a worldwide organisation and will be able to travel around the world with ease.
3. EXPLORE THE ENTIRE WORLD OF BUSINESS
There is always more vulnerability in a global scenario. By studying about different cultures, locations, and markets, you will enhance your understanding of international business. As a result, your company’s problem-solving approaches will be more innovative and open-mind
4. IMPROVE YOUR BUSINESS SKILLS BY MASTERING MORE CORPORATE SKILLS
The PGDM (IB) programme will provide you with a strong foundation in business functions such as marketing, human resources, operations, analytics, accounting, management, and economies, as well as specialised courses in cross-cultural organisation behaviour, international trade, global marketing, world economy behaviour, and more.
5. REJOICE IN YOUR EXPANDED CAREER OPTIONS
After completing your PGDM in Foreign Business, you will have a plethora of work opportunities in both domestic and international markets. Financial institutions, logistics, foreign exchange, international law, international trade, investment firms, international business consultancies, export and import firms, and many other industries employ students in both the private and public sectors. Jobs in freight, airlines, and international transportation companies are in high demand.
PGDM(IB) FUTURE SCOPE
As we can see from the figures above, students in the PGDM-IB programme have a variety of job options. Recruiters from large corporations hire these students for a variety of management positions. However, this programme also provides additional post-PGDM alternatives in international business, which are detailed below:
Research Organizations: Completing a PGDM-IB programme does not preclude you from working in the field of research. Even research businesses require management students to function as business analysts or Business Analytical experts with them.
Advisor/Business Consultant: This is a more intriguing alternative because you can work with firms as full-time consultants or as specialists that provide advice outwardly.
Entrepreneurship : The PGDM-IB course strengthens students’ analytical skills and instils entrepreneurship in them.
Individuals interested in Export, Import, Logistics, Banks, and Exchange should apply to the PGDM IB programme, which focuses on management education in the context of an international business environment. However, a student can take electives in the second year and concentrate in disciplines such as marketing and finance, as well as international business.
The Post Graduate Diploma in Management (International Business) or PGDM (IB) at JIMS Kalkaji, New Delhi, is a two-year full-time programme that has duly approved byAll India Council for Technical Education (AICTE), Ministry of Education, Govt. of India. The programme is accredited by prestigious NBA (National Board of Accreditation) and granted equivalence to MBA by AIU.
A JIMS Kalkaji PGDM(IB) Programme helps students to understand the global nature of modern enterprises as well as global best practices for addressing the difficulties and opportunities that globalization presents. Highly specialized courses like International Finance/Financial Markets and Foreign Currency Management, Commodity Trading, Global Supply Chain Management, WTO, International Trade Logistics, Sectoral Export Business Strategies and other international business subjects are covered by students. With a unique blend of experiential learning and classroom teaching, the programme is meticulously tailored to prepare students for international careers in multinational or Indian corporations.
JIMS, Kalkaji
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