Why PGDM- International Business (IB)?
In the recent times, the students have been provided with a plethora of career options which at times ends up putting them in a dilemma to finalize the ‘ideal’ career path. Even once you have chosen the career path, there are various choices to make, like which particular course to pursue. Today, I will be trying to address the foremost questions which possible pop up in the minds of any student who is interested in pursuing an International business course:- ‘Why PGDM- IB? , Why should I do it at SIMSR? , What can I pursue after completing this course?’
Firstly, a global mind set is extremely crucial to survive in this competitive business world, where every economy and business is interconnected, thus knowledge of international markets is vital. The importance of International business has become greater than ever due to the increase in small and medium sized enterprises (SMEs) being involved in businesses overseas and also the increase in cross- border mergers and acquisitions. In today’s era of global connectivity, KJ SIMSR is one of the few Indian institutions offering PGDM in International Business, integrating a traditional course structure with international environment. The course is structured to give students versatility in all the functional areas like Marketing, Finance, Operations and Human Resources in addition to developing expertise in the specialization subjects of International Business.
SIMSR aims to provide it’s students with not only classroom learning through case studies, projects and assignments, but also through participation in co-curricular activities including interactions with key industry experts, some specific in the field of international business which are arranged by International Business Society (IBS@SIMSR). Students are also encouraged to contribute to its quarterly e-publication e-Globuzz, which goes a long way to enhance the perspective of world affairs and changing trends in the International Business Environment. I am a First year PGDM- IB student and I can truly vouch for this, since we have worked on innumerable case studies till now which have helped me widen my horizon, we have also had opportunities to participate in various competitions, have interactions with eminent personalities like the Kazakhstan Ambassador Mr. Bulat Sarsenbayev, the ambassador of Ecuador, these events have surely helped me get out of my shell and become bolder. We have also witnessed a one day IB Summit where professionals from different fields gave us an idea on the current trends in International business which was extremely insightful. We have also been provided with an option to learn additional foreign languages like Spanish and Mandarin which would definitely prove very handy in the long run.
An international business qualification can open up career opportunities in a variety of sectors, in countries around the world. In addition to working within global companies that compete on international markets, graduates of international business MBA programs can also find careers in management, finance and in consulting. Graduates may also seek to work within international corporations in the travel and hospitality industry, which are continually dealing with both businesses and consumers from around the world. Some of the business positions that can be taken up are business advisory, business analysts, corporate investment banking, management consulting, marketing executive and being a product manager.
I strongly recommend that students who are interested in touching upon range of business fields and gaining an in depth understanding of global practices should strongly consider studying the international business course.
Sanaya Damania, PGDM IB(2017-19)
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