Foreign trade International Business one of the key Career guidance for students and Increase Employment opportunities for those who complete these Under Graduate and Post Graduate courses.
Trade and traffic between countries are expanding. With the easing of financial regulations and restrictions on foreign investment, companies are opening branches abroad and making products available.
Every country has to depend on other country for goods, food, raw material etc. In order to manage these affairs effectively, one should be proficient in International Business/Foreign Trade. Many institutes are offering these courses at UG and PG level. Employment opportunities are increasing for those who complete these UG and PG courses!
International business helps to use global resources as efficiently as possible. Organizations, investments, manufacturing centers and products need to have many permissions first. Knowledge of the related regulations is also mandatory.
The services of those involved in international business/foreign trade are crucial. Many foreign companies are expanding here as our country has simplified regulations regarding foreign investment and international trade.
India is recognized as the fastest growing market in the world. Therefore multinational companies are coming forward to set up their branches, production and manufacturing centers here. Also, the export of various products from our country to foreign countries is increasing.
Domestic organizations are also serving other countries. With this, those who have studied International Business/Foreign Trade courses are getting more opportunities.
Foreign trade International Business Courses - Qualifications
International Business / Foreign Trade courses were once offered as a specialization in MBA by a limited number of institutes. But now the companies offering these at UG level have increased.
Career guidance after 12th: All groups of students with intermediate qualification can join UG course. Many institutes offer Foreign Trade/International Business courses as part of BA/BCom/BBA. Students of all groups of degrees irrespective of educational background can join the MBA Foreign Trade/ International Business course.
Some institutes also have PG Diploma and Certificate courses in this department (foreign trade courses after 12th). These can be studied after UG. Also, reputed institutes offer Executive MBA course in International Business for professionals. A PhD is useful for establishing and achieving excellence in teaching in this field. Those who complete International Business in PG can try for Doctorate.
How to Join Foreign trade International Business courses
International trade graduate programs - Under Graduate courses can be joined on merit of intermediate marks. Some institutes provide opportunity based on the talent shown in the entrance exam.
Merit in examination is mandatory for admission in PG. Also, to get a seat in higher institutions, apart from the exam, you have to excel in group discussion and face-to-face discussion. Most of the institutes are giving opportunity with CAT score.
Others are taking admissions through their own exams. Whatever the exam is conducted for admission to MBA foreign trade course, most of the questions come from Quantitative Analysis, Logical Reasoning, Mathematics, English and General Awareness.
What will you learn through these courses?
Career planning - Those enrolled in this course will be made aware of Economics, Import Export Management, International Marketing, Foreign Exchange Management, International Finance, International Logistics, Supply Chain Management, Negotiations, Tariffs, Customs, Shipping Regulations.
How to succeed in courses?
If you are interested in world trade, production sector, market, desire to know different cultures, attention to legal regulations of countries, and like differences between countries, you can join international business courses. If you focus on commerce and economics, you can do better. Both speaking and writing English should come. Fluency in foreign languages will be an added attraction.
Career Opportunities and designations
Those who complete the course have career options and career growth in international banks, foreign exchanges, export import companies, international marketing, logistics companies, international trading companies, supply chain management firms, government custom departments, multinational companies, ports, consultancies, import export agencies, hospitality, tourism and travel companies.
Project Manager, Associate, Investment Banking Manager, International Business Developer, International Marketing Manager, Foreign Policy Advisor, International Finance Manager, Import Export Consultant, Export Manager, International Brand Manager, Global Business Manager, International Logistics Manager Other statuses are available. Graduates of METI institutions can also get opportunity abroad with attractive salary through campus placements.
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