BBA in Foreign Trade is a 3- year undergraduate program aimed to develop in eligible candidates an understanding of the fundamentals of foreign trade and its importance in the Indian economy. Enrolled students are taught EXIM policy of India, trade procedures, besides being imparted lessons in international trade bodies, multilateral agencies, and their role in foreign trade.
|Bachelor of Business Administration in Uttar Pradesh||Bachelor of Business Administration in Maharashtra||Bachelor of Business Administration in Karnataka||Bachelor of Business Administration in Tamil Nadu|
The course aims to train students in concepts and processes involved in operation of international business and its governing forces. It offers professional and experiential learning in areas of International Marketing, International HRM, Logistics, and related areas. Students are exposed to a cumulative hybrid of various disciplines through industry interface in terms of banks, export- import organizations and other organizations with global business presence.
The course fees in India ranges between INR 30,000 and 5 lacs for the total duration. The average annual salary offered in India to successful postgraduates of the course ranges between INR 3 and 10 lacs.
Listed below are some of the major highlights of the course.
|Examination Type||Semester System|
|Eligibility||10+2 from a recognized university|
|Admission Process||Direct admission to colleges. However, some colleges may assess students’ suitability through an entrance test.|
|Course Fee||INR 20,000 - 5,00,000|
|Average Starting Salary||INR 6 - 10 lacs|
|Top Recruiting Fields/Areas||Export Units, International Trade Regulatory Bodies, Export Promotion Councils, Buying Houses, International Department of Multinational Companies, Trade Regulatory Bodies, MNCs, Research & Educational Institutions, Engineering Goods Companies, Custom Clearing Houses, State Trading Corporations, Shipping Companies, etc.|
Foreign Trade or International Trade is termed as the exchange of goods, capital and services across international borders and territories.
Since no country can produce all the goods and services it requires, they are dependent on other countries for importing goods and services unavailable or available in insufficient quantity. Similarly, a country can export goods that are amply produced in other countries, thus setting into motion global trade relations.
Ideal students of the course would possess the following skills:
Listed below are some of the top institutes offering the course in the country with the corresponding locations and fees charged by each.
|Name||City||Average fees in INR|
|Christian Eminent College||Indore||21,300|
|Prestige Institute of Management and Research - [PIMR]||Indore||37,000|
|AP Goyal Shimla University||AP Goyal Shimla University, Shimla||50,000|
|University of Petroleum and Energy Studies - [UPES]||Dehradun||1,10,000|
As a minimum criterion of eligibility, students wishing to pursue the course need to have competed the Higher Secondary (10+2) qualification with a minimum aggregate score of 50%, with Accounts, Math, Economics and Business Studies as main subjects at the Higher Secondary level.
|Bachelor of Business Administration in Madhya Pradesh||Bachelor of Business Administration in Haryana||Bachelor of Business Administration in Delhi||Bachelor of Business Administration in Rajasthan|
Candidates are considered for admission to the course on the basis of performance in the class XII examination and in the relevant entrance exam. Based on these results, a merit list is prepared by the concerned university, shortlisting the qualifying candidates.
Listed here are the major entrance tests conducted by some of the institutes offering the course in India.
Additionally, institutes may conduct Aptitude Tests, followed by rounds of Group Discussion and Personal interview for selecting candidates to the course.
A semester-wise breakup of the course’s syllabus is tabulated below
|Introduction to Management & Leadership|
|Business Economics I|
|Business Communication I|
|Business Economics II|
|Business Communication II|
|Global Business Environment|
|Managing Trade and Risk in International Business|
|Introduction to Trade Logistics|
|Overseas Industry Visit|
|Indian Economy and EXIM Policy|
|Major Trade Routes|
|Introduction to Multi-Model Transport Research|
|Contracts in International Trade|
|Methodology & Report Writing|
|Business International Trade Finance|
|Custom Clearance Procedures|
|Personal Selling Mercantile Law|
|Role of Multilateral Agencies|
|World Bank Introduction to International Trade Negotiations|
|Regional Economic Integration|
|Multilateralism vs Regionalism: Root to globalization|
Successful professionals of the course are lucratively hired in areas such as manufacturing companies, banks, financial institutions and government agencies that deal with trade in foreign countries.
Some of the popular professional avenues open to graduates of BBA in Foreign Trade are listed below with the corresponding salaries offered for the respective positions.
|Job Position||Job Description||Average Annual Salary in INR|
|Foreign Trade Manager||The job of a Foreign Trade Manager is to develop foreign trade policies and procedures of an organization. They must ensure that all personnel involved in the import and export of goods are compliant and faithful with government- imposed regulations and procedures.||9-10 lacs|
|Export Manager||An Export Manager plans and coordinates the shipment of goods on an international level. They negotiate with a variety of people, such as shippers, agents and vendors, and have excellent customer service skills.||4.5-5.5 lacs|
|Relationship Manager||A Relationship Manager deals with customers and advises them on various banking and financial products and services offered by the bank.||5-7 lacs|
|Foreign Trade Analyst||The job of a Foreign Trade Analyst is to track the progress of exchange of goods and services between countries. Jobs are available in both the private and public sectors as various companies and government undertakings have an interest in international markets.||9-12 lacs|
|Global Trade Compliance Advisor||Global Trade Compliance Advisors look after issues related to domestic manufacturers who import and export goods. They create and implement trade policies that cater to international customs regulations, shipping requirements, and trade laws.||10-15 lacs|
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