A few insights on International Business Specialization as I am student of IB. Major differences from the normal MBA course is that a lot of subjects and case studies are designed to analyze business scenarios ALSO from view points like
- Entry Strategy into foreign market
- Operations in foreign market
- Acculturization and localization
- International Political Environments
- Understanding of foreign consumers
- Foreign Taxation and Finance
- Logistics etc
You can observe a lot of cultural subjects like foreign languages to understand foreign culture which sometimes is absent in many managers working in cross cultural business environments.
A manager involved in international operations will also oversee export import hence study of import-export policies + SCM is also a part of curriculum.
International Economics to understand economical dynamics across the globe, Inorganic growth via M&A is fast getting acceptance hence M&A frms also finds its place in IB courses.
However, very few colleges in India are able to deliver what an International Business course needs to deliver. As correctly mentioned in the thread, an IB candidate is as much apt for any job profile as regular specialization student is.
Would be able to add much more once I complete my MBA.