Master of Science [M.Sc] (Foreign Trade Management) - Course Overview

  • STREAM

    SCIENCE

  • DURATION

    2 YEARS

  • COURSE

    General

  • COURSE TYPE

    Post Graduation

    Master of Science (M.Sc.) Foreign Trade Management Top Colleges, Syllabus, Scope, and Salary

    Pranjal Singhal Pranjal Singhal
    Content Curator

    M.Sc. Foreign Trade Management is a 3-year postgraduate course, the minimum eligibility for the pursuance of which is the successful completion of graduation in a relevant discipline, such as B.Sc., from a recognized university, and with a minimum aggregate score of 55%, besides 1-year of relevant experience.

    Top Institutes offering this course are:

    The average tuition fees charged in India for the course ranges between INR 20,000 and 2 Lacs, for a span of 3 years.

    Admission to the course is based on the round of counseling conducted after the candidate’s successful qualification of a relevant entrance test.

    Successful postgraduates of the course are hired in capacities such as Foreign Trade Manager, Export Manager, Relationship Manager, Business Development Manager, Foreign Trade Analyst, Foreign Trade and Purchasing Specialist, Supply Chain Manager, Market Research Executive, Global Trade Manager, and Customs & Global Trade Automation Manager, etc.

    Popular industries that hire such postgraduates include Export Units, International Trade Regulatory Bodies, Export Promotion Councils, Buying Houses, International Department of Multinational Companies, Trade Regulatory Bodies, MNCs Departments, Research & Educational Institutions, Engineering Goods Companies, Custom Clearing Houses, State Trading Corporations, Shipping Companies, and such.

    The average salary for M.Sc. Foreign Trade Management graduates is around INR 2 to 10 Lacs but this can be higher on the basis of experience and other factors.

    Top Colleges for Master of Science [M.Sc] (Foreign Trade Management)

    M.Sc. Foreign Trade Management: Course Highlights

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

    Course LevelGraduate
    Duration3 years
    Examination TypeSemester System
    EligibilityBachelor’s with minimum 55% marks in aggregate and 1-year experience
    Admission ProcessBased on counseling after qualification of a relevant entrance test
    Course FeeINR 20,000 to 2 Lakhs for 3 years
    Average Starting SalaryINR 2 to 10 lacs per annum
    Top Recruiting CompaniesExport Units, International Trade Regulatory Bodies, Export Promotion Councils, Buying Houses, International Departments of Multinational Companies, Trade Regulatory Bodies, MNCs Departments, Research & Educational Institutions, Engineering Goods Companies, Custom Clearing Houses, State Trading Corporations, Shipping Companies or Companies, etc.
    Job PositionsForeign Trade Manager, Export Manager, Relationship Manager, Business Development Manager, Foreign Trade Analyst, Foreign Trade and Purchasing Specialist, Supply Chain Manager, Market Research Executive, Global Trade Manager, Customs & Global Trade Automation Manager, and such.

    M.Sc. Foreign Trade Management: What is it About?

    Students enrolled to M.Sc. Foreign Trade Management course are imparted advanced lessons in marketing management, business ethics, strategy and communication, global business landscapes, international shipping, trading patterns and organization, legal, financial, and managerial aspects of trade across countries, highly dynamic trade and maritime industry and international business development and compliance analysis.

    M.Sc. Foreign Trade Management course has been designed to build in candidates the ability to contribute to developing strategies for the direction of international transport and trade, critically analyze the structures and institutions of managing and organizing sea transport. 

    Students are taught to examine financial risks and opportunities involved in the trade and transport business environment, understand the structures, processes and institutional practices of trade and shipping in the global marketplace, developing, implement, and promote activities relevant to international trade and shipping management. 

    M.Sc. Foreign Trade Management courses helps candidate to understand and contribute to the interaction of the trade with the world economic and financial systems, strengthen the communication and information exchange channels among working groups involved in trade and transportation, locally, peripherally, and globally and pursue advanced research or higher studies in the discipline, such as M.Phil., Ph.D., etc.

    M.Sc. Foreign Trade Management: Top Institutes

    Name of InstituteCity Average Fees (INR)
    Indian Institute Of Foreign TradeNew DelhiINR 15,70,000
    KJ Somaiya Institute of Management Studies and ResearchMumbaiINR 1,02,000
    Symbiosis Institute Of Management StudiesPuneINR 5,08,000
    Fore School Of ManagementNew DelhiINR 12,50,000
    Loyola Institute Of Business AdministrationChennaiINR 3,08,000
    IFIM Business SchoolBangaloreINR 4,75,000
    Birla Institute Of Management TechnologyGreater NoidaINR 4,25,000
    CMS Business School, Jain UniversityBangaloreINR 3,88,000
    Fortune Institute Of International BusinessNew DelhiINR 3,48,000
    Symbiosis Institute Of International BusinessPuneINR 1,20,000
    International School of Business and ResearchBangaloreINR 3,50,000
    Motilal Nehru National Institute of TechnologyAllahabadINR 51,151
    Indian Institute of Foreign TradeKolkataINR 15,70,000
    Institute Of Public EnterpriseHyderabadINR 4,00,000
    Faculty Of Management Studies, Banaras Hindu UniversityVaranasi, Uttar PradeshINR 30,765
    Cochin University of Science and TechnologyKochi, KeralaINR 26,555
    M.S. Ramaiah Institute of ManagementBangaloreINR 300,000
    Pondicherry UniversityPondicherryINR 37,175
    GIBS Business SchoolBangaloreINR 2,55,000
    PSG Institute of ManagementCoimbatoreINR 4,50,000

    Eligibility for M.Sc. Foreign Trade Management

    Listed below are the minimum criteria which candidates interested in pursuing M.Sc. Foreign Trade Management course are required to fulfill, in order to be eligible to apply for the course.

    • Successful completion of graduation in any stream, from a recognized university.
    • A minimum aggregate score of 45% (40% for SC/ST candidates) at the level of graduation.

    M.Sc. Foreign Trade Management: Admission Process

    Most institutes offering M.Sc. Foreign Trade Management course admit students based on performance in a relevant entrance test. Often, some institutes offering the course in the country offer admission to eligible candidates based on their performance at the level of graduation. Admission process generally varies across colleges.

    M.Sc. Foreign Trade Management: Career Prospects

    Successful postgraduates of the course are typically trusted with executive and managerial responsibilities. They may work across:

    • import and export businesses
    • shipping
    • administrative posts in private and public sectors
    • manufacturing companies
    • banks
    • financial institutions and government agencies

    Read about more Master of Science courses

    Some of the popular professional avenues open to successful postgraduates of the course are listed below with the corresponding salaries offered for the respective positions.

    Master of Science [M.Sc.] in Foreign Trade Management annual salary
    Job PositionJob DescriptionAverage Annual Pay Scale in INR
    Export ManagerAs middlemen, Export Managers plan and coordinate the international shipment of goods. They negotiate with a variety of people, such as shippers, agents and vendors, and are expected to have excellent customer service skills in dealing with customers. They may also have to ensure that shipments are in compliance with the laws and regulations governing the export industry.4,98,707
    Relationship Manager

    Relationship Managers are responsible for identifying the key staff in client companies to cultivate profitable relationships. They ensure that customer complaints are resolved quickly and effectively. Also, they forward upselling and cross-selling opportunities to the sales teams.

    They also promote high-quality sales, supply and customer service processes, and work to retain customers and renew contracts. They approach potential customers to establish beneficial trade relationships, and conduct business reviews to ensure that clients are satisfied with their products and services.

    Also, they update the CRM and ensure that Account Managers are aware of significant client-related changes.

    3,41,990
    Business Development ManagerSince a key component of this job is strategic planning, a Business Development Manager must have a thorough knowledge of the company's competitors and the marketplace. They work closely with the sales and marketing departments to identify potential new clients, craft proposals, and review contracts.5,63,674
    Foreign Trade Analyst

    Foreign Trade Analysts are responsible for international business analysis, and overseeing the transfer of products and services between countries all across the globe. Foreign Trade Analysts track the exchange of goods and services between nations in an increasingly interconnected world.

    They work in both private and public sectors because various companies and government entities have an interest in understanding international markets.

    5,23,500
    Foreign Trade and Purchasing Specialist

    Foreign Trade and Purchasing Specialists are responsible for coordinating credit and financial activities and obtaining payments for import/export operations. They act as advisors on matters of tariffs, markets, and federal and foreign regulations.

    Also, they ensure that all filings, documents, and regulatory reporting are completed accurately, in a timely manner, and according to trade laws. They maintain information of international events and changes to laws and requirements that may impact operations.

    Additionally, they negotiate letters of credit or handle issues with international banks.

    8,85,541
    Supply Chain Manager

    Supply Chain Managers select transportation routes to maximize economy by combining shipments or consolidating warehousing and distribution.
    They develop material costs forecasts or standard cost lists.

    Also, they assess appropriate material handling equipment needs and staffing levels to load, unload, move, or store materials.

    3,62,519
    Market Research Executive

    Market Research Executives help identify what people do, think, buy or believe and why. Market Research Executives are responsible for consulting clients about project requirements and objectives, designing research methods such as interviews and questionnaires.

    They carry out qualitative or quantitative research, approve timescales and budgets, supervise staff, monitor work progress. They also write reports, including client recommendations, and analyse, translate, and present results.

    They also advise clients on how they can best make use of such results.

    8,89,720

    Master of Science [M.Sc] (Foreign Trade Management) : 10 Answered QuestionsView All

    • Top Answer By Sayantani Barman on 28-Aug-2020

    Ans. Students with the following Qualification: Sr. No. Programme Eligibility Intake Duration 1 B.Sc (Hons) Passed 12th / (10+2) / HSC with English subjects (OR) Three Years Diploma conducted by BTE, Maharashtra after SSC.  (OR) Passed its equivalent examination. 80 3 Years 2 M.Sc Bachelor's Degree awarded by recognized University in Economics Discipline 40 2 Years Read more

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    • Top Answer By Anil Tigga on 28-Aug-2020

    Ans. The Candidate is required to produce the following original documents on the day of entrance examination. Educational Certificates ID Proof. The following self-attested documents are to be submitted on the day of joining- Mark sheet (10th Std.) HSC Mark sheet (12th Std.) Degree Certificate Transfer / Leaving Certificate / Migration after graduation (original) Photo Identity Proof– (Voter’s ID/Driving License/PAN Card/ Passport/Adhaar Card) Permanent address Proof- (Ration card/Passport/Electricity Bill/Telephone Bill/Property tax Bill) Affidavit in case of change in Name. (if applicable) Read more

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    • Top Answer By Lavish Garg on 28-Aug-2020

    Ans. The program is the only MSc program in Public Policy, another university normally offers – MA Public Policy. The course curriculum strikes a balance in both qualitative and quantitative courses – by developing a scientific enquiry to the area of Public policy. The program offers the most updated and industry oriented curriculum approved by bureaucrats, academicians and industry leaders in the policy domain. The program ensures practical learning opportunities through local field visits, rural field immersions activity, real-life projects, policy analysis exercises. The program lays a strong foundation based on students' theoretical rigour and experiential learning. Read more

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    • Top Answer By Atul Yadav on 19-Aug-2020

    Ans. The following are the important dates for the admission in IIT Roorkee in 2020.                     Event                     Date JEE Advanced Registration 01 April - 06 May, 2020 NATA Registration ( Stage 1: Revised) 27 Jan - 15 Apr, 2020 NATA Registration Stage 2 01 Feb - 04 May, 2020 NATA Exam Stage 2 31 May, 2020 MTech and M.Arch Registration 20 Mar - 23 Apr, 2020, 08 Feb - 23 Apr, 2020 MBA Registration 05 Jan - 31 Jan, 2020 PhD Registration Last Date 21 April, 2020 CAT Registration 07 Aug - 25 Sep, 2019 CAT Exam 24 Nov, 2019 JEE Advanced Exam 27 Sep, 2020 IIT JAM Registration 24 May, 2020 Timeline for 7th Round of admission offers 22 Jul - 29 July, 2020 Admission Registration 02 Aug - 03 Aug, 2020 Release of admission offer spot round 1 04 Jul - 07 Aug, 2020 Release of admission offer spot round 2 10 Aug - 11 Aug, 2020 Admission process closes 14 Aug, 2020  Read more

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    • Top Answer By Laxmi Rout on 14-Aug-2020

    Ans. Annamalai University offers a variety of 457 courses across 17 streams. The college offers UG, PG, Diploma courses, and Ph.D. under various departments, such as Department of Engineering & Technology, Arts, Agriculture, Dentistry, Medicine, Fine Arts, Marine Sciences. NIRF ranked the university 92nd overall, in the country last year. The college also offers various courses in distance mode. Fee Structure- Since it is a state Institution, the fee is very low as compared to other top institutes. The fee charged for some of the courses is as follows- B.Sc.- 25,570/year M.Sc.- 36,450/year MBA- 56,450/year Ph.D.- 38,400/year B.Ed.- 42,000/year Campus life- International workshops, State level sports even and Cultural programs are conducted in the college. The college also provides facilities like wi-fi, library, medical facilities, food and accommodation etc. Internships- The college also provides internship opportunities and scholarships to the deserving students. The students are selected on the basis of their merit. Faculty- There are more than 100 lecturers in the university and most of them are Ph.D. scholars and have an expert background. Placements- The students are considered for the participation for the placement drives on the basis of their academic records.     As per the latest records, the average salary offered was around 2.5 LPA, the lowest was 2 LPA and the highest was 10 LPA. Tata Consultancy Services, Dell EMC, Vodafone, Deloitte, Pepperfry.com, Cognizant, Indian Navy, Infosys, Tata Motors, Ernst & Young, Mahindra & Mahindra, and HCL are some of the major recruiters in the college.  Read more

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