Search colleges, courses, exams
CTRL+K
Search colleges, courses, exams
CTRL+K
A postgraduate diploma in foreign trade management is a postgraduate course in international trade management. Foreign trade, often known as international trade, is the transfer of money, commodities, and services to other businesses or countries. It accounts for a major portion of gross domestic product in most countries (GDP). The term of a Post Graduate Diploma in Foreign Trade is usually two academic years, but it varies from institute to institute and some institutes offer part-time programmes. The program is a career-oriented course with a wide range of work opportunities following graduation in a variety of sectors.
A one-year postgraduate program in foreign trade is the PG Diploma in Foreign Trade. Bachelor’s degree in foreign or international trade, or any comparable topic of education, with minimum aggregate marks as per the university’s requirements, is required. The initial yearly income granted to successful postgraduates of the programme ranges from INR 3 to 10 lacs, depending on education and experience.
Students must have finished undergraduate from a recognized institution with a minimum aggregate marks of 50% as a minimum requirement of qualifying. Applicants are admitted to a variety of B-schools in India based on their aggregate marks in the applicable qualifying examination, rounds of GD/PIs, and, in certain cases, work experience.
Successful applicants with a Bachelor’s degree from a recognised institution are chosen based on their performance in a qualifying entrance examination, with additional stages of group discussion and individual interviews held on occasionally.
| Name of the course | Post Graduation Diploma in Foreign Trade |
| Course Level | Post Graduate |
| Duration | 1 year, full time |
| Stream | Diploma |
| Examination Type | Semester System |
| Eligibility | Graduation (in any stream) |
| Admission Process | Selection on the basis of academic record and performance in entrance exam in some cases |
| Average Course Fee | INR 10 K to 25 Lacs |
| Average Starting Salary | INR 1 to 15 Lacs |
| Tp Recruiting Companies | Export Units, International Trade Regulatory Bodies, Export Promotion Councils, Buying Houses, International Department of Multinational Companies, Trade Regulatory Bodies, MNCs Departments, Research & Educational Institutions, Engineering Goods Companies, Custom Clearing Houses, State Trading Corporations, Shipping Companies or Companies etc. |
The PG Diploma in Foreign Trade programme is meant to expand your understanding of international trade agreements, brand and product exchange, financial exchange, and much more. The program introduces a thorough examination of the global market and analysis. The curriculum primarily helps to train learners to overcome multiple aspects of international trade, learn the simple and structured components involved in the field of study through theories and practical sessions, and function effectively in fields such as Trade Management, Pricing, Supplier management, Costing, Export Market Research, Distribution, Cargo Marketing, Export Finance, Documentation, and Foreign Exchange.
Programs in this field emphasize on a business basis and are particularly popular among students in the commerce stream. Graduates from other streams, on the other hand, are not subject to the same restrictions. This suggests that students from many disciplines, including the arts, science, and business, are allowed to seek degrees in foreign trade.Upon completing the PG Diploma in Foreign Trade programme, students can work in marketing organisations, trade units, and foreign business divisions of companies.
Organizations search for suitable capabilities in foreign trade course applicants when they recruit them. Aspirants’ skills serve as a foundation for them and assist them fit into various employment categories. As a result, students must concentrate and work to obtain the necessary skill set in a certain industry. The following are some of the abilities that a candidate should possess before enrolling in a program in this field:
| COLLEGE/INSTITUTE | STATE | TUITION FEES (PER YEAR) IN INR |
|---|---|---|
| INDIAN INSTITUTE OF FOREIGN TRADE | NEW DELHI, DELHI NCR | 15,70,000 |
| KJ SOMAIYA INSTITUTE OF MANAGEMENT STUDIES AND RESEARCH | MUMBAI, MAHARASHTRA | 1,02,000 |
| SYMBIOSIS INSTITUTE OF MANAGEMENT STUDIES | PUNE, MAHARASHTRA | 5,08,000 |
| FORE SCHOOL OF MANAGEMENT | NEW DELHI, DELHI NCR | 12,50,000 |
| LOYOLA INSTITUTE OF BUSINESS ADMINISTRATION | CHENNAI, TAMIL NADU | 3,80,000 |
| IFIM BUSINESS SCHOOL | BANGALORE, KARNATAKA | 4,75,000 |
| BIRLA INSTITUTE OF MANAGEMENT TECHNOLOGY | GREATER NOIDA, UTTAR PRADESH | 4,25,000 |
| CMS BUSINESS SCHOOL | ANGALORE, KARNATAKA | 3,88,000 |
| FORTUNE INSTITUTE OF INTERNATIONAL BUSINESS | NEW DELHI, DELHI NCR | 3,48,000 |
| SYMBIOSIS INSTITUTE OF INTERNATIONAL BUSINESS | PUNE, MAHARASHTRA | 1,02,000 |
| INTERNATIONAL SCHOOL OF BUSINESS AND RESEARCH | BANGALORE, KARNATAKA | 3,50,000 |
| MOTILAL NEHRU NATIONAL INSTITUTE OF TECHNOLOGY | ALLAHABAD, UTTAR PRADESH | 51,151 |
| INDIAN INSTITUTE OF FOREIGN TRADE | KOLKATA, WEST BENGAL | 15,70,000 |
| INSTITUTE OF PUBLIC ENTERPRISE | HYDERABAD, TELANGANA | 4,00,000 |
| FACULTY OF MANAGEMENT STUDIES, BANARAS HINDU UNIVERSITY | VARANASI, UTTAR PRADESH | 30,765 |
| M.S. RAMAIAH INSTITUTE OF MANAGEMENT | BANGALORE, KARNATAKA | 3,00,000 |
| LAL BAHADUR SHASTRI INSTITUTE OF MANAGEMENT | KOCHI, KERALA | 26,555 |
| PONDICHERRY UNIVERSITY | PONDICHERRY, PUDUCHERRY | 37,175 |
| GIBS BUSINESS SCHOOL | BANGALORE, KARNATAKA | 2,55,000 |
| PSG INSTITUTE OF MANAGEMENT | COIMBATORE, TAMIL NADU | 4,50,000 |
The program is divided into two semesters, with the first semester composed of ten Core Curriculum and the second semester comprising of 1 project. Students will acquire principles in all of the important fields of management throughout the first semester. The second semester will also include a project report that enable the students to apply all of the principles learned in the first semester.
The major study elements that make up the course’s curriculum are listed below:
|
Sem. I |
|
|
Sr. No. |
Subjects of Study |
|
1 |
Managerial Economics |
|
2 |
International Economics and Foreign Exchange Management |
|
3 |
International Logistics |
|
4 |
Marketing Principles and Management |
|
5 |
Quantitative Methods |
|
6 |
Foreign Language (Departmental Course) |
|
Sem. II |
|
|
1 |
International Marketing |
|
2 |
International Financial Management |
|
3 |
Export and Import Procedures |
|
4 |
Indian Economy and Trade Dependencies |
|
5 |
Commercial Geography |
|
6 |
Assignment and Project (Departmental Course) |
Professional experts are employed by manufacturing businesses, banks, financial firms, and governmental organizations that profit from international commerce. Such graduate students are tasked with examining scientific information in international commercial negotiations and in the realms of international trade rules and agreements, among other things. Banking firms, academic institutions, trade companies, manufacturing organisations, banks, and government agencies are all common places to look for such experts.
Industrial companies, banks, financial firms, and governmental entities that benefit from international trade use professional experts. University graduates in this field are tasked with, among other things, assessing scientific data in international commercial talks and the areas of international trade regulations and agreements. Banking firms, major universities, trade firms, manufacturing sectors, banks, and government organisations are all frequent venues to hunt for such professionals.
| Job Position | Description |
| Marketing Manager | The advertising manager’s task is to put in place the right plans and practices in order to boost the firm ’s financial performance. They are also in charge of increasing the firm’s market and brand recognition. |
| Financial Advisor | Their task is to formulate strategies, identify funding sources, and examine financial policies in order to obtain a satisfactory financial return and capital. |
| Finance Manager | Employees are in charge of and handle the company’s finances. |
| Accountant | Accountants are in charge of keeping track of the firm’s assets, obligations, inflows, outflows, loans, debts, and other significant actions. |
| Foreign Trade and Business Analyst | Their job is to examine the company and its performance while taking into account numerous market mechanisms. |
| International Business Consultant/ Foreign Trade Consultant | Their role is to examine the company’s operations and provide recommendations for international success. They also hope to provide advice and suggestions in order to boost the firm’s profitability. |
Successful postgraduates of the course are hired in capacities such as:
Both foreign trade and the economy have increased dramatically in recent years. The global trade sector has experienced tremendous expansion and is projected to continue to do so in the years ahead.
Although India’s constraints on globalisation and liberalisation policies have been lessened in recent years, the country’s foreign commerce industry remains highly developed.
India’s trade potential are rising at an accelerating rate, and as a consequence, more global corporations are becoming interested in doing business with India. The expansion of international trade expertise has increased as a result of India’s large-scale commercial practises with overseas enterprises. As a result, graduates have a tremendous possibility to work in the foreign trade sector. Students in this sector gain global exposure, in-depth business expertise, high-paying positions, and much more in the end.
Domestic trade occurs within a country’s borders between different states, cities, or regions, while foreign trade occurs outside two or more countries. The worth of the exchange rates is unaffected by domestic commerce. Foreign trading practises have a significant effect on the value of any country’s national currency. Domestic trade is more simpler in terms of tax calculations and processes than international trade.
A job in international trade is a suitable choice for a variety of reasons:
It provides you with a wide range of prospects and employment profiles, including banking, commerce, finance, and accounting.
It equips you with extensive understanding of the corporate world as well as excellent international chances.
This field offers a greater number of career prospects as well as higher pay.
International Trade Finance Manager
International Trade Researcher
Global Marketing Manager
Global Trade Lawyer
International Business Development Manager
The following are some well-known Indian colleges that offer Foreign Trade courses:
Indian Institute of Foreign Trade
Jamia Millia Islamia University
National Institute of Export Management
Indian Institute of International Business
Copyright © 2023 Examgyani Learning Solutions. All rights reserved.
Exams Made Easy
One destination to find everything from exams to study materials.
