M.B.A - Foreign Trade

Overview :

MBA Foreign Trade course is an integrated specialization of the Master of Business Administration program offered by a few institutes. An MBA in Foreign Trade is a postgraduate course that teaches students about the basics of Foreign Trade and Management. It also helps students learn about foreign resources and the global economy.

This is a two-year long postgraduate professional course wherein students are trained to understand the complex details of International Trade and the policies that pertain to the exchange of services and goods between nations and meanwhile optimizing the profit.

The main objective of the course is to develop an understanding among the students about the various Policies, Aspects, and Intricacies of Foreign Trade and International Business. This course is an amalgamation of Management, Trade, Sales, Marketing, and aspects related to Law and Economics.

The benefits of this course are that a person can continue this course on weekends and through Open Learning. Indian Institute of Commerce and Trade provides the Distance Learning Program. 

In this globalized society, the demand for International Business, International Marketing, and Foreign Trade have increased manifold. This demand not only involves the international relations with other nations but also affects the domestic markets of our country and in order to meet the demand, various sectors employ officials who are very well aware of the related aspects.  After completion of the course, the students can get jobs in both private as well as public sectors related to Foreign Trade, International Marketing, Sales and the areas of Export and Import.

Some Highlights of M.B.A Foreign Trade:

Top Colleges Offering M.B.A  Foreign Trade:

• UPES
  
• Universal Ai University
  
• Prestige Institute of Management And Research
  
• T. A. Pai Management Institute (TAPMI)
  
• University Business School
  
• Manav Rachna International Institute Of Research And Studies
  
• Indian Institute of Foreign Trade
  
• PRIST Deemed to be University
  
• Balaji Institute of International Business (BIIB Pune)
  

Why Choose M.B.A Foreign Trade?

There are many compelling reasons why an MBA in Foreign Trade is a good choice for aspirants.  Here are the key reasons to choose an MBA in Foreign Trade:

• Growing Career Opportunities: There is a strong demand for professionals in global trade, including roles in multinational companies, international trade organizations, global supply chains, and more.  There are diverse opportunities across both private and public sectors.
• Global Scope: This programpositions you for a career on a Global scale, working with diverse International Markets and Economies. There is also a high demand for International Trade professionals in the Global economy.
• Comprehensive Skill Set: Equips you with skills in Finance, Marketing, Logistics, and International Law. These skills help develop your ability to manage complex global trade scenarios.
• Flexible Programs: Many flexible MBA programs cater to working professionals, allowing you to study while maintaining your career.
• Cost-Effective: Indian MBAs are more affordable than foreign MBAs, with a strong return on investment.
• Networking Opportunities: This course creates an opportunity to build connections with global Trade Experts, Industry Leaders, and fellow professionals, expanding your professional network
• Competitive Edge: The field is challenging and competitive, which can help you build a robust, globally competitive career.
• Diverse Career Roles: Graduates can pursue diverse roles such as Trade Analysts, Export Managers, or positions in Global Banking, Aviation, and Government organizations.
• Economic and Market Insights: Deepens your understanding of global markets, trade policies, and economic trends, preparing you to navigate complex international business environments.
• Strong Placement Opportunities: Indian MBA programs often offer campus placements, enhancing job prospects immediately after graduation.

In summary, an MBA in Foreign Trade provides vast career opportunities, a diverse skill set, global exposure, and high demand in both public and private sectors, making it a valuable investment for anyone looking to thrive in the international business arena.

Admission Procedure For M.B.A  Foreign Trade:

The admission process for MBA Foreign Trade typically involves the following steps:

• Fill out the application form of the desired institute and submit it along with the required documents.
  
• Appear for the entrance exam and secure a valid score. Some popular Entrance exams include CAT/ MAT/ GMAT/ XAT/ SNAP/ NMAT/ ATMA/ CMAT etc.
• Institutes shortlist candidates based on entrance exam scores, academic performance, and sometimes work experience.
  
• Some institutes conduct Written Ability Test (WAT) / Group Discussion (GD) as part of the selection process.
• Candidates who clear the written test and GD are called for a Personal Interview.
• Based on the combined performance in the entrance exam, WAT/GD, and PI, candidates are selected for admission.
  

Eligibility For M.B.A Foreign Trade:

• Candidate must be a graduate in any discipline which has a minimum duration of 3 years.
  
• The candidates seeking admission must also be aware of the current economic scenario of the country and its relations with the other nations through marketing.
• Some colleges ask for students with a minimum of 50% marks in aggregate in their undergraduate course

Career Opportunities for M.B.A Foreign Trade:

There is very good scope for jobs for graduates of MBA Foreign Trade course both in the private and public sectors. After completing an MBA degree in Foreign Trade, graduates pursue a course that is not limited to their specific areas resulting in various job opportunities. With many specializations, the MBA in Foreign Trade course is an all-around course.

A student can easily map their MBA in Foreign Trade course as per their future aspirations with options ranging from Foreign Trade Representative to Export Manager. The MBA in Foreign Trade scope of work for a graduate is comprehensive and varies over a large number of working areas and sectors. Listed below are some of the popular jobs that are undertaken by graduates:

Jobs Opportunities After M.B.A  Foreign Trade:

• Foreign Trade Manager
  
• Export Manager
  
• Relationship Manager
  
• Business Development Manager
  
• Foreign Trade Analyst
  
• Foreign Trade and Purchasing Specialist
  
• Supply Chain Manager
  
• Business Development Manager

Top Recruiters of M.B.A  Foreign Trade:

• Export Units
  
• International Trade Regulatory Bodies
  
• International Department of Multinational Companies
  
• MNCs Departments
  
• Research & Educational Institutions
  
• Engineering Goods Companies
  
• Shipping Companies or Companies
  

Syllabus For M.B.A  Foreign Trade:

Semester I

Global Business Environment
Management Concepts and Organizational Behavior
Export-Import Policy, Procedure, and Documentation
Managerial Economics
Accounting for Managers
World Trade Organizations
Foreign Language-I (French)

Semester II

Quantitative Techniques for Foreign Trade
India’s Foreign Trade: Trends, Prospects, and Strategies
Export-Import Management
International economics & Trade Theories
Financial Management
Computer Application in FT
Personality Development

Semester III

Foreign Exchange and Exchange Control
Insurance and Risk Management in FT
Multinational Financial Management
International Marketing Management and Consumer Behavior
International Business Laws
Statistical Analysis and Research Methodology

Semester IV

EXIM Financing
Export Incentives and Institutional Support
Taxation in FT
Export Pricing and Product Planning
Foreign Language II (German)
Research Project