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    Master of Foreign Trade Top Colleges, Syllabus, Scope and Salary

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    Shruti Ashok
    The document discusses the Master of Foreign Trade course in India. It covers what the course involves, including that it covers international trade and is a 2-year postgraduate program. It also outlines the eligibility requirements of a bachelor's degree with 50% marks, admission process which involves entrance exams and interviews, average tuition fees and salaries for graduates, and top recruiting companies and job roles for graduates like trade managers and analysts.

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    Master of Foreign Trade Top Colleges, Syllabus, Scope and Salary

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    Shruti Ashok
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    The document discusses the Master of Foreign Trade course in India. It covers what the course involves, including that it covers international trade and is a 2-year postgraduate program. It also outlines the eligibility requirements of a bachelor's degree with 50% marks, admission process which involves entrance exams and interviews, average tuition fees and salaries for graduates, and top recruiting companies and job roles for graduates like trade managers and analysts.

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    The document discusses the Master of Foreign Trade course in India. It covers what the course involves, including that it covers international trade and is a 2-year postgraduate program. It also outlines the eligibility requirements of a bachelor's degree with 50% marks, admission process which involves entrance exams and interviews, average tuition fees and salaries for graduates, and top recruiting companies and job roles for graduates like trade managers and analysts.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    63 views6 pages

    Master of Foreign Trade Top Colleges, Syllabus, Scope and Salary

    Uploaded by

    Shruti Ashok
    The document discusses the Master of Foreign Trade course in India. It covers what the course involves, including that it covers international trade and is a 2-year postgraduate program. It also outlines the eligibility requirements of a bachelor's degree with 50% marks, admission process which involves entrance exams and interviews, average tuition fees and salaries for graduates, and top recruiting companies and job roles for graduates like trade managers and analysts.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    Master of Foreign Trade Top Colleges,

    Syllabus, Scope and Salary


    MFT in Foreign Trade is a postgraduate course in Foreign Trade Management. Executive
    Management:

     covers foreign trade or international trade, which:


     is also known in India as the as the Import-Export domain.
     is an exchange of capital, goods, and services across international borders or territories.
     represents a significant share of gross domestic product (GDP).
     is the export of all goods and services to foreign countries.
     is the import of all goods and services to the home country.
     is an extension of the production, exchange, and consumption.
     is essentially the exchange of goods and services between countries.

    The products used for Foreign Trading are very similar to other products being produced
    around the world. As such, these products are referred to as ‘Commodities’. When trading of
    Commodities occurs, it is known as Commodity Trading.

    In this process, commodities are often pooled together in one mass market and sold, thereby
    linking the producers of the commodities effectively with their commercial consumers.
    Commodity Trading mainly takes place in the commodity markets where raw or primary
    products are usually exchanged.

    Foreign Trade in India is administered by - The Directorate General of Foreign Trade


    (DGFT), an agency of the Ministry of Commerce and Industry of the Government of India.

    Aspiring candidates need to have completed graduation in a relevant subject from a


    recognized university, with a minimum aggregate score of 50%.

    Such postgraduates are hired in capacities such as:

     Foreign Trade Zone Operator


     Global Trade Manager
     Foreign Trade Zone Analyst
     Senior FX Trading Strategist
     Foreign Exchange Trade Settlement Specialist
     Coordinator
     Foreign Trade Payables Specialist
     Foreign Trade Representative
     Support Trader
     FX Trading Platform Business Analyst
     Researcher, etc.

    The average tuition fee charged for the course in India ranges between INR 10,000 and 20
    Lacs for a span of 2 years.

    In India, Foreign Trade postgraduates on an average are offered an annual salary ranging
    between INR 2 and 4 lacs, increasing with experience and skillset.

    Master of Foreign Trade: Course Highlights


    Listed below are some of the major highlights of the course.

    Course Level Post Graduation

    Duration 2 years

    Examination Semester System/Year wise


    Type

    Eligibility Graduation from a recognized university

    Admission Based on performance in sentrance exam


    Process

    Course Fee INR 10,000 to 20 Lacs


    Average Starting INR 3 to 12 lacs per annum
    Salary

    Top Recruiting Infra, ICICI Pru, Cashpor Microfinance, Optima Insurance, Bharti Airtel, HCL Infosystems L
    Companies Tata Steel, TCS, HSBC Bank, HT Media Ltd., etc.

    Top Recruiting Export Units, International Trade Regulatory Bodies, Export Promotion Councils, Buying H
    Areas Department of Multinational Companies, Trade Regulatory Bodies, MNCs Departments, Res
    Institutions, Engineering Goods Companies, Custom Clearing Houses, State Trading Corpor
    or Companies, and such.

    Job Positions Foreign Trade Zone Operator, Global Trade Manager, Foreign Trade Zone Analyst, Senior F
    Foreign Exchange Trade Settlement Specialist, Coordinator, Foreign Trade Payables Special
    Representative, Support Trader, FX Trading Platform Business Analyst, Researcher, among

    Master of Foreign Trade: What is it About?


    Foreign Trade, also termed as International Trade, is relevant since,

     It is the exchange of goods, capital and services across international borders and
    territories.

     Generally, no country can produce all the goods & services that it requires.
     goods that are unavailable or available in insufficient quantities need to be imported.
     Similarly, goods that are excess in quantity need to be exported to other countries.
     Through exchange of products, the world is able to not only meet its need, but also profit
    from it as well.

    The course essentially aims to:

     develop an international networked competitive business and research for individuals,


    corporate, government, and society.
     globally strengthen, sustain, and professionalize business knowledge through creative
    research, learning, and teaching.
     exchange mutually beneficial information with organizations, institutions, and universities
    in the country, as well as internationally.

    Top Institutes offering Master of Foreign Trade


    Listed below are some of the top institutes in India that offer the course.

    Name of Institute City

    Indian Institute Of Foreign Trade New Delhi

    KJ Somaiya Institute of Management Studies and Research Mumbai

    Symbiosis Institute Of Management Studies Pune

    Fore School Of Management New Delhi

    Loyola Institute Of Business Administration Chennai

    IFIM Business School Bangalore

    Birla Institute Of Management Technology Greater Noida

    CMS Business School, Jain University Bangalore

    Fortune Institute Of International Business New Delhi

    Symbiosis Institute Of International Business Pune

    International School of Business and Research Bangalore


    Motilal Nehru National Institute of Technology Allahabad

    Indian Institute of Foreign Trade Kolkata

    Institute Of Public Enterprise Hyderabad

    Faculty Of Management Studies, Banaras Hindu University Varanasi, Uttar Pradesh

    Cochin University of Science and Technology Kochi, Kerala

    M.S. Ramaiah Institute of Management Bangalore

    Pondicherry University Pondicherry

    GIBS Business School Bangalore

    PSG Institute of Management Coimbatore

    Eligibility for Master of Foreign Trade

    Candidates aspiring for admission to the course are required to fulfil the following minimum
    eligibility criteria.

     Graduation completed in any stream, from a recognized educational Board.


     A minimum aggregate score of 50% (45% for SC/ST/OBC candidates) at the level of
    graduation.

    Master of Foreign Trade: Admission Process


    Most institutes offering the course in India admit students based on their performance in a
    relevant entrance test, followed by a subsequent round of counselling.The round of
    counselling consists of two additional rounds of Group Discussion and Personal Interview,
    wherein the candidate’s general aptitude for the course is examined.

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