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MBA in International Trade

What is an MBA in Foreign Trade?

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.

Importance of international Trade:

  • Helps in expansion of business
  • Helps in dissolving monopolistic entities
  • Increases the market competition
  • Encourages product innovation and sales
  • Brings wider availability of service and goods to choose from

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.

Eligibility Criteria:

  • Bachelor degree in relevant discipline with 50% marks in aggregate from a recognized university.
  • Reserved categories are given a relaxation of 5% in the aggregate marks.
  • No age limit.

Admission Process:

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.

MBA in Foreign Trade Syllabus

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.

MBA in Foreign Trade Subjects

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.

MBA Foreign Trade Colleges in India

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

MBA Foreign Trade Colleges in Delhi

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

MBA Foreign Trade Colleges in Bangalore

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

MBA Foreign Trade Colleges in Pune

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

Scope of MBA in Foreign Trade

Career & Employment Areas

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.

Some of the employment areas for students in this specialization are-

  • Corporate/ Wholesale Banking
  • Trade Service Operations
  • Trade Finance Operations
  • Trade Support & Asset Servicing
  • Trade Surveillance and Settlements
  • Logistics & Supply Chain Management
  • State Trading Corporations etc.

Relevant Job profiles:

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-

  • Export Managers/ Executives
  • International Business Consultant
  • Export Coordinator
  • Global Trade Manager
  • Brand Manager
  • Foreign Trade & Purchasing Specialist
  • International Marketing/ Finance Manager

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.

MBA in Foreign Trade Placements

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.

MBA in Foreign Trade Placements

Internship:

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

MBA in foreign trade management is the combined study of trade, management, marketing, sales and aspects related to law and economics.
There are 3 types of foreign/ international trade- Export Trade, Import Trade and Entrepot Trade.
Yes, MBA in foreign trade has a very good future scope in India as well as overseas.
Foreign trade is also termed as international trade sometimes wherein the professionals are responsible for exchange of goods and services across borders or between two countries and meanwhile also supposed to look into the diverse aspect of economics and law.

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