PGDM in Foreign Trade is a 1-year postgraduate course for trading enthusiasts. The basic eligibility for this course is a bachelor’s degree in foreign or international trade and any relevant field of study, and you need to obtain the minimum required marks. Here is a list of top institutes that offers the course:
- SCMS Cochin School of Business, Chochin
- Arihant Group of Institutions, Pune
- Annex College of Management Studies, Kolkata
- Savitribai Phule Pune University [SPPU], Pune
- Annex College of Management Studies, Kolkata
- Saurashtra University, Rajkot
The average fee charged by the institutes varies from INR 10,000 to 25,00,000 and depends on the institute. Foreign Trade is the transfer of capital, services, and goods over international borders.
This course is mainly designed that offer knowledge on the exchange of goods, services, capital, international trade policies, etc. The curriculum of this course provides a comprehensive study of the global market and its research.
Post Graduate Diploma in Foreign Trade [PGDFT]
Post Graduate Diploma in Foreign Trade course primarily intends to allow students to handle various aspects of foreign trade. It offers theoretical and practical sessions that help the students specialize in foreign trade fields such as pricing, sourcing, export management, costing, distribution, export market research, freight marketing, documentation, foreign exchange, and export finance.
After completing this course, the graduates can build their careers in merchandising organizations, shipping units, and international business divisions.
PGDM in Foreign Trade Highlight
| Course Level | Post Graduate |
| Duration | One year, full-time |
| Stream | Diploma |
| Examination Type | Semester System |
| Eligibility | Graduation (in any stream) |
| Admission Process | Selection based on academic record and performance in the entrance exam (in some cases) |
| Average Course Fee | INR 10,000 to 25,00,000 depending on the institute. |
| Average Starting Salary | INR 1 to 15 Lacs |
Syllabus of Post Graduate Diploma in Foreign Trade
Semester I
- Managerial Economics
- International Logistics
- Quantitative methods
- International Economics (Theory and Practice)
- Marketing: Principles and Management
- Foreign Exchange Management
- Project report and presentation
Semester II
- Foreign Language (German) Part I
- International Marketing
- International Financial Management
- Export and Import Procedure
- India’s Export-Import Trade since 1955
- Commercial Geography
- Foreign Language (German) Part II
Eligibility and Admission Process of PGDM in Foreign Trade Course
As per the minimum criterion of eligibility, candidates must have completed graduation from a verified university with a minimum of 50%. Several B-schools in India give admission to the candidates based on their total marks received in the entrance exam and their performance in GD (group discussion) and personal interviews. However, some colleges want you to have 2 years of work experience.
All eligible applicants with a Bachelor’s degree from a verified institute are selected based on their performance in a proper entrance examination, occasionally followed through further rounds of GD (group discussion) and personal interview.
Course Duration of PGDM in Foreign Trade Course
India’s average fee for the PG Diploma in Foreign Trade course from a private institute starts from INR 25 lacs per annum.
| College/Institute | State | Tuition Fees (per year) in INR |
| LOYOLA INSTITUTE OF BUSINESS ADMINISTRATION | CHENNAI, TAMIL NADU | 3,80,000 |
| 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 | 4,50,00 |
| IFIM BUSINESS SCHOOL | BANGALORE, KARNATAKA | 4,75,000 |
| BIRLA INSTITUTE OF MANAGEMENT TECHNOLOGY | GREATER NOIDA, UTTAR PRADESH | 4,25,000 |
| CMS BUSINESS SCHOOL | BANGALORE, KARNATAKA | 3,88,000 |
| FORTUNE INSTITUTE OF INTERNATIONAL BUSINESS | NEW DELHI, DELHI NCR | 3,48,000 |
| 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 |
| 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 |
Career Prospects of PGDM in Foreign Trade Course
Various manufacturing companies, financial institutions, government agencies, and banks which trade outside countries lucratively hire these professionals. These postgraduates are trusted with various tasks such as analyzing technical data in international business deals and fields of international trade policies and agreements.
The companies that recruit these foreign trade professionals are research institutes, financial institutions, banks, government agencies, manufacturing companies, etc. Here are some of the recommended job positions for these professionals:
- Export Manager
- Foreign Trade Manager
- Relationship Manager
- Foreign Trade Analyst
- Business Development Manager
- Supply Chain Manager
- Foreign Trade and Purchasing Specialist
- Business Development Manager
- Global Trade Manager
- Market Research Executive
- Customs & Global Trade Automation Manager
Apart from it, postgraduates interested in continuing higher studies in International trade can pursue a Ph.D. in the subject.
Top Companies for PGDM in Foreign Trade Postgraduate
- Export Units
- Export Promotion Councils
- State Trading Corporations
- International Department of Multinational Companies
- MNCs Departments
- Engineering Goods Companies
- Research & Educational Institutions
- International Trade Regulatory Bodies
- Buying Houses
- Trade Regulatory Bodies
- Custom Clearing Houses
- Shipping Companies
Conclusion
This article has provided complete information regarding the Post Graduate Diploma in Foreign Trade course available in India. Basic eligibility for this course is a bachelor’s degree in foreign or international trade and any relevant field of study, obtaining the minimum required marks according to the institute. So as we know, PG Diploma’s duration in Foreign Trade is 1-year and is a postgraduate course.
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