|Course Type||Post Graduation|
PG Diploma in Foreign Trade is a 1-year postgraduate course. The eligibility for which is bachelors degree in foreign or international trade or any related field of study with minimum aggregate marks as per the institute’s requirement.
Top Institutes offering this course are:
- Arihant Group of Institutions, Pune
- SCMS Cochin School of Business, Chochin
- Savitribai Phule Pune University [SPPU], Pune
- Annex College of Management Studies, Kolkata
- Saurashtra University, Rajkot
Average tuition fee charged by the institute ranges from INR 10k to 25 Lacs depending on the institute. Foreign Trade is the exchange of capital, goods, and services across international borders or territories.
The average initial annual salary offered to successful postgraduates of the course ranges between INR 3 and 10 lacs, varying with qualification and experience.
PG Diploma in Foreign Trade: Course Highlights
Given here some of the major highlights of the course.
|Name of the course||Post Graduation Diploma in Foreign Trade|
|Course Level||Post Graduate|
|Duration||1 year, full time|
|Examination Type||Semester System|
|Eligibility||Graduation (in any stream)|
|Admission Process||Selection on the basis of academic record and performance in entrance exam in some cases|
|Average Course Fee||INR 10 K to 25 Lacs|
|Average Starting Salary||INR 1 to 15 Lacs|
|Tp Recruiting Companies||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 or Companies etc.|
PG Diploma in Foreign Trade: What is it About?
PG Diploma in Foreign Trade course is specifically designed to extend knowledge about international trade policies, exchange of goods and services, exchange of capital and much more. The course curriculum provides a detailed study of the international market and research.
The course essentially aims to enable students to handle various facets of foreign trade, learn through theory and practical sessions the simple and systematic modules involved in the discipline, and operate efficiently in fields such as Export Management, Pricing, Sourcing, Costing, Export Market Research, Distribution, Freight Marketing, Export Finance, Documentation, and Foreign Exchange.
Students can also pursue opportunities in merchandising organizations, export units and the international business divisions of organizations after completion of PG Diploma in Foregin Trade course.
Top Institutes offering PG Diploma in Foreign Trade
The average tuition fee charged in India for PG Diploma in Foreign Trade ranges around INR 25 lacs for private institutes.
Listed below are some of the leading institutes in India that offer PG Diploma in Foreign Trade.
|COLLEGE/INSTITUTE||STATE||TUITION FEES (PER YEAR) IN INR|
|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|
|LOYOLA INSTITUTE OF BUSINESS ADMINISTRATION||CHENNAI, TAMIL NADU||3,80,000|
|IFIM BUSINESS SCHOOL||BANGALORE, KARNATAKA||4,75,000|
|BIRLA INSTITUTE OF MANAGEMENT TECHNOLOGY||GREATER NOIDA, UTTAR PRADESH||4,25,000|
|CMS BUSINESS SCHOOL||ANGALORE, KARNATAKA||3,88,000|
|FORTUNE INSTITUTE OF INTERNATIONAL BUSINESS||NEW DELHI, DELHI NCR||3,48,000|
|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|
|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||4,50,000|
PG Diploma in Foreign Trade: Course Duration
The course is covered in the 2 semesters, consisting of 10 Core Subjects and 1 project in the second semester. In the first semester student will learn concepts in all the key areas of management. The second semester will also focus on project dissertation which enables the student to apply all concepts learnt.
P.G. Diploma in Foreign Trade: Syllabus and Course Structure
Listed here are the principal components of study that form part of the course’s curriculum.
|Subjects of Study|
|Managerial Economics||Foreign Language (German) Part I|
|International Logistics||International Marketing|
|Quantitative methods||International Financial Management|
|International Economics (Theory and Practice)||Export and Import Procedure|
|Marketing: Principles and Management||India's Export-Import Trade since 1955|
|Foreign Exchange Management||Commercial Geography|
|Project report and presentation||Foreign Language (German) Part II|
PG Diploma in Foreign Trade: Eligibility
As a minimum criterion of eligibility, candidates need to have completed graduation from a recognized university, with a minimum aggregate score of 50%. A number of B-schools in India offer admission to candidates on the basis of their cumulative scores in the relevant entrance exam, and rounds of GD / PIs, and sometimes, work experience.
PG Diploma in Foreign Trade: Admission Process
Eligible candidates with a Bachelor’s degree from a recognized institute are selected on the basis of their performance in a relevant entrance examination, followed occasionally by further rounds of group discussion and personal interview.
PG Diploma in Foreign Trade: Career Prospects
Manufacturing companies, banks, financial institutions and government agencies that trade outside their countries lucratively hire such professionals. Such postgraduates are entrusted with tasks like analyzing technical data in international business deals and in spheres of international trade policies & agreements.
Some of the popular recruitment areas for such professionals are financial institutions, research institutes, trade companies, manufacturing companies, banks and government agencies, etc.
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
- Business Development Manager
- Market Research Executive
- Global Trade Manager
- Customs & Global Trade Automation Manager
Successful postgraduates interested in pursuing higher studies in the discipline may go for Ph.D. in the subject.
Some of the popular avenues open to postgraduates of the course are listed below with the corresponding salaries offered for the respective positions.
|Job Title||Job Description||Average Annual Salary in INR|
|Foreign Trade Manager||Foreign Trade Manager are responsible for building the outside exchange approaches and methodology of their association. They ensure that all the staff required in the bringing in and trading of products are consistent with government- directed directions and strategies.||4,80,000 to 1,080,000|
|Export Manager||Export Managers plan and facilitate the worldwide shipment of merchandise. Over the span of the day, they may consult with an assortment of individuals, for example, shippers, specialists and merchants, and are required to have astounding client benefit aptitudes in managing clients.||2,90,000 to 5,30,000|
|Foreign Trade Analysts||Foreign Trade Analysts look at patterns that exist amid the global trade of merchandise and ventures. With a specific end goal to viably play out the occupation, outside exchange experts must have a basic comprehension of fund, financial matters and different orders.||3,10,000 to 6,85,000|