Why MBA in foreign Trade is Gaining Popularity
Post Date : 01-01-1970
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Why MBA in foreign Trade is Gaining Popularity
Master of Business Administration in Foreign Trade is a postgraduate professional course that helps students understands the basic concepts of management and foreign trade. The candidates are trained in learning the details of foreign resources and aspects associated with the global economy.
The main objective of the course is to develop an understanding among the students with regards to the various policies, aspects and intricacies of foreign trade and international business. This course is an amalgamation of management, trade, sales, marketing and aspects related to law and economics.
Eligibility of the Master of Business Administration [MBA] (Foreign Trade)
The minimum eligibility of the course is for a candidate to be a graduate in any discipline and must have a bachelor’s degree in any course which has a minimum duration of 3 years with an aggregate of 50% marks. The candidates seeking admission must also be aware of the current economic scenario of the country and its relations with the other nations through marketing.
MBA in Foreign Trade: Job Prospects
Partnership with foreign countries is becoming extremely common and this has resulted in a need for professionals who are proficient in foreign trade and the policies governing the trade. Evidently, once candidates finish their course in foreign trade they have a wide range of jobs prospects for them, both in the private sector as well as the public sector. Foreign trade is a vast area and offers numerous opportunities.
Post completion of the course, students can get jobs in both private as well as public sectors related to foreign trade, international marketing, sales and the areas of export and import. So, candidates who are interested in making a career in either of these, they should take this course. Manufacturing companies, banks, financial institutions and government agencies that trade outside their countries search for candidates qualified in Foreign Trade. There is enormous scope for foreign train qualified in India as well as abroad. Some of the important roles in this domain includes:-
- Foreign Trade Manager
- Export Manager
- Relationship Manager
- Business Development Manager
- Foreign Trade Analyst
- Foreign Trade and Purchasing Specialist
- Supply Chain Manager
- Business Development Manager
- Market Research Executive
- Global Trade Manager
- Customs & Global Trade Automation Manager
On the whole, the scope of MBA in Foreign Trade is wide and lucrative. It is an uprising field with more demand and fewer professionals to meet it. Additionally, there is travel involved and candidates with a zeal to travel to different countries are deemed fit for this course. MBA in Foreign Trade gives the candidate an edge above other academic qualifications, as the curriculum is created with the latest management techniques and problem-solving scenarios. The demand for management professionals is not only high in India but in abroad as well. Graduates can not only get a chance to work for private MNC’s but also government organizations.