Foreign Trade
India, a big transforming country in the world, encourages every country to do business with it. With the globalization of Indian economy, more and more MNCs coming to India and more and more Indian companies are going for joint ventures abroad. This has resulted enormous scope for foreign trade professional to find jobs. Many MNCs are attracted towards India?s liberalized economic policies. Hence, an education in the field of foreign trade holds an elite place in India.
Consequently, a need for skilled personnel in the stream of international trade is increasing rapidly. Moreover, global career opportunities are also abundant for those pursuing courses in foreign trade and international business.
Eligibility
Most of the universities offer education in international businesses and foreign trade at post graduate level, but still universities like Jamia do offer Bachelor of International Business and Finance (BIBF) at undergraduate level too. Generally for undergraduate courses, the eligibility is 10+2 with 50% marks and for Masters in International Business and foreign trade, the aspirant must be at least a graduate preferably in commerce. Students are selected through entrance examination. Besides most institutes conducts their own tests followed by group discussion and personal interview.
Skills & Attributes
Ability to handle pressure, ability to handle deadlines, excellent communication skills in addition to leadership skills are necessary to be an effective manager in this field.
Job Prospects
With India, playing a significant role in international business scenario & tremendous expansion in trade activities, the, job opportunities are plenty in this field. Professionals are employed in buying houses; export units and the international departments of multinational companies across all levels. There is a great demand for Indian professionals. Besides, there is always good scope for those who desire to launch their own export units, but they are advised to gain enough experience before going for such a venture. For those desirous of securing government jobs, there are enormous employment opportunities in regulatory bodies like the STC and the MMTC too.
Remuneration
Over the years, the status of specialized professionals in the field of foreign trade has become very lucrative. Depending on one?s qualification and experience, one can expect to be paid well in this hot career option. As a trainee, one can start with a salary of Rs.8000-Rs.10000. one can command a higher salary as the experiences raises, Generally MNCs and private companies pay higher.
Institutes/Universities
National Institute of Export Management,
Contact Information
AG, Anandraj Villa, 7, Second Canal Cross Road,
Gandhinagar, Adyar, Chennai- 600 020,
Phone : 044- 24401521, 044- 24422438
Email : info@niemglobal.com
Website : www.niemglobal.com
Indian Institute of Materials Management
Contact Information
Plot Nos. 102 & 104, Sector - 15, Institutional Area
CBD Belapur, Navi Mumbai ? 400614
Phone : (022) 2756 5741 (D) 2757 1022
Fax : 2756 5592
Website : www.iimm.org
Indian Institute of International Business
Contact Information
No: 21, Kumaran Nagar Main Road,
Anna Nagar East, Chennai. 600102
Phone : 9444837393, 444755051, 09387614866
E-Mail : iiib_2002@yahoo.co.in
Website : www.iiib.net
Indian Institute of Commerce and Trade
Contact Information
Sapt-Rishi, 5/28 Vikas Nagar
Lucknow-226022
Phone : +91-522-2766456, 0522-6545285, 9415101772
E-mail : info@iict.in
Website : www.iictindia.com
Indian Institute of Foreign Trade, New Delhi
Contact Information
IIFT Bhawan,
B-21, Qutab Institutional Area
New Delhi
Phone : +91-11-26965124, 91-11-26965051
Fax : +91-1126853956
Website : www.iift.edu
Indian Institute of Packaging, Mumbai
Contact Information
E-2 MIDC Area, Andheri East,
Post Box No. 9432, Mumbai ? 400093
Phone : 91-022-28219803 / 28219469 / 28216751, 28254631
Fax : 28375302, 28328178
Email : sec1@iip-in.com
Website : www.iip-in.com
S. P. Jain Institute of Management and Research, Mumbai
Contact Information
Munshi Nagar, Dadabhai Road, Andheri West,
Mumbai - 400 058, India.
Tel: +91-22-2623 7454 / 0396 / 2401
Fax : +91-22-26237042
Email : spjicom@spjimr.org
Website : www.spjimr.org
Symbiosis Institute of International Business, Pune
Contact Information
Symbiosis Infotech Campus,
Plot No. 15, Rajiv Gandhi Infotech Park,
MIDC, Hinjewadi,
Pune - 411 057
Maharashtra
Phone : 020- 22934314 / 17 / 18 / 19
Fax : 020- 22934316
E-Mail : admissions@mail.siib.ac.in
Website : www.siib.ac.in
The Delhi School of Economics, Delhi University
Delhi School of Economics
University of Delhi
Delhi 110007, India
Phone : ( 011) 2766 7540, (011) 2766 7725 Ext. 1531
Fax : +91-11-2766 7159
E-Mail : dept@econdse.org
Website : www.econdse.org
Indian Institute of Management, Ahmedabad (IIM A)
Indian Institute of Management, Calcutta (IIM C)
Indian Institute of Management, Bangalore (IIM B)
Indian Institute of Management, Lucknow (IIM L)
XLRI - Xavier Labour Research Institute, Jamshedpur
ISB - Indian School of Business, Hyderabad
FMS - Faculty of Management Studies, University of Delhi
Indian Institute of Management, Indore (IIM I)
Indian Institute of Management, Calicut (IIM K - Kozhikode)
Jamnalal Bajaj Institute of Management Studies, Mumbai (JBIMS)
S. P. Jain Institute of Management Studies, Mumbai (SPJIMR)
Shailesh J. Mehta School of Management, IIT Mumbai (Bombay)
Management Development Institute, Gurgaon (MDI)
Narsee Monjee Institute of Management Studies, Mumbai (NMIMS)
Xavier Institute of Management, Bhubaneswar (XIM B)
Symbiosis Institute of Business Management, Pune (SIBM)
Symbiosis Center for Management & Human Resources Development, Pune (SCMHRD)
Institute of Management & Technology, Ghaziabad (IMT)
International Management Institute, Delhi (IMI)
Bharathidasan Institute of Management, Trichy (BIM)
Mudra Institute of Communications, Ahmedabad (MICA)
Indian Institute of Foreign Trade, Delhi (IIFT)
T. A. Pai Management Institute, Manipal (TAPMI)
Loyola Institute of Business Administration, Chennai (LIBA)
Institute of Management Development Research, Pune (IMDR)
Jamia Millia University, New Delhi. www.jmi.nic.in
Hamdard University, New Delhi.
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I think that’s a responsibility that I have, to push possibilities, to show people, this is the level that things could be at. So when you get something that has the name Kanye West on it, it’s supposed to be pushing the furthest possibilities. I will be the leader of a company that ends up being worth billions of dollars, because I got the answers. I understand culture. I am the nucleus.
I will be the leader of a company that ends up being worth billions of dollars, because I got the answers. I understand culture. I am the nucleus. I think that’s a responsibility that I have, to push possibilities, to show people, this is the level that things could be at. I think that’s a responsibility that I have, to push possibilities, to show people, this is the level that things could be at.
I think that’s a responsibility that I have, to push possibilities, to show people, this is the level that things could be at. So when you get something that has the name Kanye West on it, it’s supposed to be pushing the furthest possibilities. I will be the leader of a company that ends up being worth billions of dollars, because I got the answers. I understand culture. I am the nucleus.
"I will be the leader of a company that ends up being worth billions of dollars, because I got the answers. I understand culture. I am the nucleus. I think that’s a responsibility that I have, to push possibilities, to show people, this is the level that things could be at."