Foreign Trade Course In India: Eligibility | Best Institutes | Scope
Foreign Trade Course In India: It is also called International Trade, is known for the exchange of goods, capital, and services across international borders and territories. As no country can produce products and services all on its own, so they have to depend on other countries for importing unavailable goods. They can also export goods in other countries that are more than quantity in another country. Now, let’s jump to the eligibility criterion for Foreign Trade course in India.
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Foreign Trade Course in India: Eligibility
- Candidates who are applying for a bachelor’s degree must have completed their 12th (any stream) from a recognized board or equivalent examination.
- Candidates who are applying for masters must have completed their graduation from a recognized college.
- Candidates who are applying for doctoral courses should have completed their master’s.
Best Colleges in India for Foreign Trade Courses
- Indian Institute for Foreign Trade, New Delhi
- Indian Institute of Commerce and Trade, Lucknow
- Indian Institute of Management
- Department of economics, Pune University, Pune
- Devi Ahilya Vishwa Vidyalaya, Indore
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Scope of Foreign Trade Courses
Career opportunities are rapidly increasing in Foreign Trade course in India, and the companies are looking for qualified people in this field. There is enormous scope in international trade in India, as well as abroad.
Most of the multinational companies hire foreign trade professionals for working on international projects.
JOB PROFILE
- Foreign Trade Manager
- Export Manager
- Relationship Manager
- Business Development Manager
- Foreign Trade Analyst
- International Trade and Purchasing Specialist
- Supply Chain Manager
- Marketing Research Executive
- Global Trade Manager
- Customs and Global Trade Automation Manager
EMPLOYMENT AREAS
- Export units
- International Trade Regulatory Bodies
- Export Promotion Councils
- Buying Houses
- The International Department of Multinational Companies
- Trade Regulatory Bodies
- MNC’s Departments
- Research and Educational Institutes
- Engineering Goods Companies
- Custom Clearing Houses
- State Trading Corporations
- Shipping Companies
SALARY
Most of the multinational companies and private companies offer you great packages. In India, you get 3 lacs – 4 lacs INR per annum in this field. Also, the salary can be increased by looking at your qualification, work experience, and location. With good experience, one can also earn 10-15 lacs INR per year.
Foreign Trade Course in India: Frequently Asked Questions (FAQs)
- What are the various courses offered in Foreign Trade course in India?
- Diploma in international trade
- Advance diploma in international business
- Degree in foreign trade management
- Advance diploma in foreign trade
- Bachelor’s of business administration in foreign trade
- Bcom in foreign trade management
- Bachelor’s of arts in foreign trade
- Bachelor’s of foreign trade
- MBA in foreign trade
- MA in foreign trade
- MBA in international business
- Mcom in foreign trade management
- Masters in international business and foreign trade
- Executive postgraduate diploma in international business
- Postgraduate diploma in global trade management
- Postgraduate diploma in foreign trade
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- What are the benefits of pursuing Foreign Trade course in India?
- You get job opportunities in various areas like trade, banking, accounts, and commerce.
- Prepares students for a professional qualification in this field and makes for international business too.
- You can also work in export houses to increase the overseas sale and find new business hubs.
- You can work as a marketing research executive and plan strategies.
- How to get admission in Foreign Trade course in India?
Admission for IIM will be given based on CAT national level examination. Some institutes offer admission based on GAT, XAT, GMAT. Apart from these entrance exams, candidates have to go through group discussions, personal interviews, and aptitude tests. Some MBA entrance exams are given below:
- CAT (Common Entrance test)
- MAT ( Management Aptitude Test)
- XAT (Xavier Aptitude Test)
- GMAT (Graduate Management Aptitude Test)
- CMAT (Common Management Aptitude Test)
- IIFT (Indian Institute of Foreign Trade)
- CUSAT (Common Admission Test)