MBA Foreign Trade: Course, Entrance Exams, Top Colleges, Fees, Syllabus, Scope, Salary

MBA Foreign Trade is a postgraduate degree programme. The course duration is two years, spread across four semesters. The course is offered in the field of foreign trade. The course prepares the graduates to work at international companies and equips them with a deep understanding of how business operates and concepts related to foreign trade. Some of the employment areas include multinational companies, government agencies, and trade organisations.

As of now, only 5 institutes offer this programme, since it is a relatively new course. Some of the leading institutes include DAVV, Medi-caps University, and Asian International University. To be eligible for the course, candidates should have completed their bachelor's degree from a recognised educational board in India. For admissions, business schools, generally follow a three-stage admission procedure (entrance exams, group discussion and personal interview)

The course curriculum consists of a wide range of topics such as India’s Foreign Trade, Basics of International Trade, Elements of Export Marketing, Export Logistics, Global Business Environment, Export- Import Management and Policy, International Economies and Trade Theories, Foreign Exchange and Exchange Control.

Students can join many fields after completing the degree programme and can join various careers in the field of Foreign Trade such as Marketing Manager, Financial Advisor, Finance Manager, Foreign Trade and Business Analyst and International Business Consultant/ Foreign Trade Consultant. The average salary of a Foreign Trade Manager ranges from Rs. 3.5 LPA to Rs. 17 LPA, depending on their skills and experience.

MBA Foreign Trade Course Details

MBA Foreign Trade Eligibility Criteria

Students interested in studying an MBA in Foreign Trade must meet the eligibility criteria requirements of the course. They can check the eligibility details on the official website or the programme brochure. In the table below, we have mentioned the eligibility details of the MBA Foreign Trade course.

MBA Foreign Trade Admission Process

The admission process for MBA Foreign Trade courses is more or less the same for every college in India. Some institutes focus more on the merit score while others prefer to look at the overall profile of the candidates applying for the admissions. The general admission process for MBA in Foreign Trade courses consists of three steps which are as follows:

• Candidates must successfully clear the entrance exam which is specified by their desired institute. There are many management entrance exams out of which some of the most popular ones are CAT, XAT, GMAT, CMAT, NMAT, and SNAP.
• Students clearing the entrance exams can apply for admission by filling out the application form on the official website of the preferred institute.
• The entrance exam is followed by group discussion or personal interview rounds to select the most deserving candidates out of all.

MBA Organisational Behaviour Entrance Exam

Admission to MBA Foreign Trade is provided based on entrance examinations like CAT, XAT, and SNAP. Students are advised to check the eligibility criteria required to appear for the exam. The merit list released after these exams and the counselling session constitutes the admission process for the course.

Cutoff for Top Colleges

The cutoff or MBA Foreign Trade is a benchmark that the candidates must meet to get admission to their desired institute. The cut-off depends on various factors such as the difficulty level of the entrance examination, the number of candidates applying for the admissions and the overall status and prestige of the institution. Admissions will be granted to those who score below the cut-off specified by the institute. Every college providing MBA in Foreign Trade courses has its own cut-off criterion.

MBA Foreign Trade Syllabus

The syllabus of MBA Foreign Trade differs depending on the institute, but it remains largely the same for every institute. The subjects of the MBA Foreign Trade course are diverse. In the table below we have mentioned the syllabus of Devi Ahilya Vishwavidyalaya, Indore.

MBA Foreign Trade Syllabus for 1st Year

In the first year of an MBA Foreign Trade, candidates study subjects such as Managerial Economics, Accounting for Managers, Financial Management, Export-Import Management, and International Economics and Trends Theories.

MBA Foreign Trade Syllabus of 2nd Year

The second-year syllabus of an MBA in Foreign Trade includes subjects such as Insurance and Risk Management, Export Incentives, Taxation in Foreign Trade, Statistical Analysis, and Export Pricing and Product Planning.

MBA Foreign Trade Fee Structure

The fees of the MBA Foreign Trade course depend on the type of institution. Candidates applying are advised to check the official website of the college for the fee structure of the course. The average fee for an MBA in Foreign Trade ranges from Rs. 1 Lakhs- to Rs. 1.28 Lakhs.

Scope of MBA in Foreign Trade

The MBA Foreign Trade course offers in-depth information on foreign trade and international business. There are numerous career opportunities for the graduates. Large Corporations, manufacturers, government entities, financial institutions, and other agencies worldwide are consistently seeking professionals to manage their foreign trade operations. This creates abundant opportunities for qualified individuals in this field, both in India and abroad. The Foreign Trade field is very diverse and due to its global nature, the scope of the field becomes wide.

Career options After MBA Foreign Trade

There are many career options available after doing an MBA in Foreign Trade. In the table below we have mentioned some of the most popular career options after completing a course in MBA Foreign Trade.

Source: AmbitionBox

Top Recruiters

• Walmart
• Citigroup
• Prada
• Morgan Stanley
• Goldman Sachs
• Standard Chartered Bank

Benefits of studying MBA Foreign Trade

Studying for an MBA in Foreign Trade provides a lot of benefits in today’s advanced developing world. The course helps the students understand how businesses around the world work. The students are provided with practical learning as a part of the course curriculum which helps the students receive hands-on experience in the field of international business. After the completion of the course, students can work in various job roles such as international business, finance, marketing, and trade.

MBA Foreign Trade Salary

The average income of an MBA Foreign Trade is influenced by many elements including job profiles, talents, job location and status and prestige of the company. Listed below is the average salary offered in a private and a government sector.

Salary Source: Naukri.Com

Top Private MBA Foreign Trade Colleges in India

There are many top MBA Finance colleges in India offering MBA Foreign Trade courses. The candidates must check the eligibility criteria of their desired institutes before applying for admission. In the table below we have mentioned some of the top private MBA colleges offering MBA Foreign Trade courses.

Top Government MBA Foreign Trade Colleges in India

MBA in Foreign Trade is also offered by government universities. Studying an MBA Foreign trade at a government college is comparatively less compared to a private MBA college. In the table below you’ll find a list of top government institutes offering MBA Foreign Management courses.

To conclude, an MBA in Foreign Trade is a promising course that offers good salary packages and explores a variety of job profiles. It also allows candidates to work at multinational companies and diverse industries.