The program of MBA in Foreign Trade is an amalgamation of management, trade, sales, marketing and the diverse aspects related to law and economics. 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.
Course Name | Master of Business Administration in Foreign Trade |
Course Level | Postgraduate |
Course Duration | 2 Years |
Exam Mode | Semester (4) Based |
Degree Confer Mode | Full-Time/ Part-Time/ Distance Mode |
Internship | Yes |
Minimum Eligibility | 50% Marks in Graduation |
Entrance Exam | CAT/ MAT/ GMAT/ XAT/ SNAP/ NMAT/ ATMA/ CMAT etc. |
Average Course Fee | INR 3 Lakhs to INR 15 Lakhs |
Average Package | INR 8 LPA to INR 20 LPA |
Top Job Profiles | Global Trade Manager, Foreign Trade Reprehensive, Export Manager etc. |
Top Recruiters | Walmart, Prada, Goldman Sachs, KPMG, Wells Fargo, ICICI Bank etc. |
MBA (FT) is a 2 year program which is divided into 4 semesters wherein the first two semesters are dedicated to academics and the last two for training and internship session. The course curriculum involves a number of industrial visit, seminars, expert talks etc. that enhances the professionalism in students.
This course is highly focused towards rendering the knowledge and skills of basic trade operation, economics and finance, international marketing and the intercultural communication. The course is in huge demand among the graduate students from relevant discipline.
Students are given admission based on their merit in the qualifying exams and the rank/ score obtained in the national or university level Entrance Exam. A centralized counseling is conducted for the seat allotment in B-Schools as per the candidates' rank in the national level exams.
Some management institutions would also conduct the testing round of Group Discussion (GD) and Personal Interview (PI) for the selection of students. Selected candidates will have to deposit the required admission fee and the relevant certificates, documents before the deadline.
The MBA in Foreign Trade syllabus is designed in such manner wherein students gain in-depth knowledge of business administration components for the international trade. The first year of curriculum involves basic subjects of management that are common to all MBA specializations. In the second year, students are acquainted with the specialized subjects of foreign trade.
The subjects of study involved in this specialization are aimed towards imparting managerial and leadership skill in the students besides providing the core knowledge and skills of their field. The B-schools keep revising and updating the course syllabus as per the changes in market policy & its scenarios.
Course Subjects | |||
---|---|---|---|
Mgt. Concepts & Organizational Behavior | Accounting for Managers | ||
World Trade Organization | Export-Import Management | ||
Managerial Economics | Personality Development | ||
Foreign Trade Policy | International Marketing Management | ||
Global Business | Statistical Analysis & Research Methodology | ||
International Economics & Trade Theory | Taxation in Foreign Trade | ||
Export Import policy | Export Pricing & Product Planning | ||
Financial Management | International Logistics & Supply Chain Mgt. | ||
Risk Management in Foreign Trade | Export Incentives & Institutional Support | ||
Computer Application in Foreign Trade | International Human Resource Management | ||
Understanding Consumers Behavior | Multinational Financial Management | ||
International Business Laws | Export & Import Finance | ||
Foreign Exchange & Risk Control | Cross Cultural Management | ||
Translational Marketing | EXIM Financing |
Above motioned is the comprehensive list of subjects to give you an idea of the concepts that you will learn during the curriculum of MBA in foreign trade. The name of subject might differ from institution to other.
There are several Top colleges for MBA in foreign trade in India. The best B-Schools are equipped with sufficient infrastructure to regulate the course with quality education in management field. The colleges are being ranked annually by various private and public agencies like NIRF, Outlook, The Week, TOI, ET etc. The college ranking helps in finding suitability of the course around the parameters like fees, placement, location and others.
Ranking | College/ University & Location | Fees/ Year |
---|---|---|
01 | Indian Institute of Foreign Trade, New Delhi | INR 760,000 |
02 | Jamia Millia Islamia University, New Delhi | INR 65,100 |
03 | Department of Commerce (Delhi University), New Delhi | INR 15,690 |
04 | Institute of Management Studies (BHU), Varanasi | INR 85,000 |
05 | Alliance University, Bangalore | INR 625,000 |
06 | Amity University, Noida | INR 200,000 |
07 | University Business School (Punjab University), Chandigarh | INR 17,365 |
08 | KJ Somaiya Institute of Management, Mumbai | INR 410,000 |
09 | University of Petroleum & Energy Studies, Dehradun | INR 670,000 |
10 | Aligarh Muslim University, Aligarh | INR 17,390 |
11 | Mount carmel, Bangalore | INR 1,14,000 |
12 | St Joseph, Bangalore | INR 1,32,000 |
13 | Christ Academy, Bangalore | INR 70,000 |
Ranking | College/ University & Location | Fees/ Year |
---|---|---|
01 | Indian Institute of Foreign Trade, New Delhi | INR 760,000 |
02 | Jamia Millia Islamia University, New Delhi | INR 65,100 |
03 | Department of Commerce (Delhi University), New Delhi | INR 15,690 |
04 | Amity University, Noida | INR 200,000 |
05 | GGSIPU School of Management, New Delhi | INR 70,000 |
06 | Global Institute of Technology & Management, Gurgaon | INR 90,000 |
07 | Institute of Management Studies, Noida | INR 396,000 |
08 | Lloyd Business School, Greater Noida | INR 125,000 |
09 | Galgotia University School of Business, Greater Noida | INR 159,000 |
10 | School of Business Studies (Sharda University), Greater Noida | INR 260,000 |
Ranking | College/ University & Location | Fees/ Year |
---|---|---|
01 | Alliance University, Bangalore | INR 625,000 |
02 | Manipal Academy of Higher Education, Manipal | INR 319,000 |
03 | REVA University, Bangalore | INR 90,000 |
04 | Institute of Business Management & Research, Hubli | INR 325,000 |
05 | International Institute of Business Studies, Bangalore | INR 350,000 |
06 | Xavier's Institute of Business Management Studies, Bangalore | INR 40,900 |
07 | IZEE Business School, Bangalore | INR 275,000 |
08 | Mount carmel, Bangalore | INR 1,14,000 |
09 | St Joseph, Bangalore | INR 1,32,000 |
10 | Christ Academy, Bangalore | INR 70,000 |
Ranking | College/ University & Location | Fees/ Year |
---|---|---|
01 | Symbiosis Institute of International Business, Pune | INR 720,000 |
02 | Department of Management Science (Pune University), Pune | INR 67,000 |
03 | MIT College of Management, Pune | INR 750,000 |
04 | Bharati Vidyapeeth University (IMED), Pune | INR 225,000 |
05 | Singhad Institute of Management, Pune | INR 128,000 |
Today, every medium and large scale business is going to expand itself in the international market. Foreign trade is a vast area and offers numerous opportunities. The partnership of India with foreign nations is getting extremely common that has resulted in a huge requirement of professionals with proficiency in foreign trade and policies.
The scope of MBA in foreign trade is quite enormous and lucrative in both the private and public sectors. This is an uprising field with more demand and fewer professionals to meet it. The demand of management professionals is not only high in India but in abroad as well. Moreover, a degree in MBA gives an edge over other academic qualifications and offers some of the reputed job profiles like-
The above mentioned profiles are highly paid ones. Such job profiles can pay you around 8-10 LPA and with a little work experience the salary package can shoot-up to around 20-25 LPA or above. The exposure is also very good in these jobs.
The placements of MBA in foreign trade across the top B-Schools in India have been quite impressive with an annual track record of almost 85%-90% students getting employed in various public and private sectors. The college placements offers ample scope for career in international and transnational corporations. IIFT, Delhi has the best placements statistics for MBA in foreign trade than any other management colleges.
Internship is one of the most important aspect while pursuing a degree in MBA. The B-Schools have one exclusive cell for Training & Placement of students. The T & P cell works towards the employability of students by providing them right learning, expertise and preparing them to meet the requirements of market and industry.
Students are offered summer internship program by the placement cell. The staffs and officials of the T & P cell keeps coordinating with top leading firms and MNCs to invite them for pool placement of students inside their campus. Some of the top companies visiting the B-Schools for recruitment purpose are-
List of some of the Recruiters at College | |||
---|---|---|---|
Walmart | Goldman Sachs | Wells Fargo | |
Standard Charted Bank | Morgan Stanley | Johnson & Johnson | |
Citigroup | Accenture | KPMAG | |
Prada | Microsoft | Boston Consulting Group | |
Roland Berger | Hexaware | TresVista | |
Mahindra & Mahindra | Deloitte GRID | Syngenta | |
Aegis Resources | Piramal Finance | TATA Global Beverages | |
TATA Steel | HSBC | ICICI Bank |
To know more about the Admission Process in MBA in Foreign Trade call us at +91-9743277777