BBA in Foreign Trade is an undergraduate degree direction in enterprise management. The direction may be taken up via way of means of eligible applicants after Class 12th. BBA in Foreign Trade, because the call suggests, makes a specialty of the components associated with overseas alternatives i.e. items and offerings change throughout countries. Students of this direction increase their knowledge of the way overseas alternate works and the effect that it has on the economic system of a country.
According to Wikipedia“ Foreign alternate in India consists of all imports and exports to and from India. At the extent of the Central Government, its miles are administered via way of means of the Ministry of Commerce and Industry. ”
The period of the BBA in Foreign Trade direction is three years, that's divided into 6 semesters. Each semester is 6 months long and includes the have a look at various topics and subjects associated with an overseas alternate. Students enrolled in this direction get to find out about subjects together with worldwide alternate our bodies, logistics, processes concerned in overseas buying and selling, EXIM guidelines, etc.
BBA in Foreign Trade is a tremendous desire of direction for any candidate who has a hobby with inside the functioning of worldwide corporations and buying and selling guidelines of a country. The direction is ideal for college students who've appropriate numerical and mathematical skills. Students who're interested in the legal guidelines concerned with buying and selling and the functioning of worldwide buying and selling our bodies have to additionally bear in mind this direction.
The course highlights of BBA Foreign Trade have been listed below. All the necessary information regarding the course is included in the following table:
|Course Name||Bachelor of Business Administration in Foreign Trade|
|Course Duration||3 Years|
|Examination Type||Semester Based|
|Eligibility Criteria||10+2 with a minimum of 50% from a recognized board|
|Admission Process||Mostly Merit-based but some colleges have entrance exams|
|Entrance Exam||AIMA UGAT, SET, GGSIPU CET, GITAM|
|Age||No Age Limit|
|Similar Options of Study||BBA International Business, BBA Finance Management|
|Average Annual Fee||INR 5,00,000-10,00,000|
|Average Annual Salary||INR 6,00,000-12,00,000|
|Job Profiles||Finance Manager, International Business Manager, Business Development Manager, Supply-chain Manager, Sales & Marketing Manager, Material Manager, Retail Manager, Brand Manager, Export Manager, Foreign Trade Analyst, Market Research Executive, Relationship Manager, Foreign Trade Manager, Global Trade Compliance Advisor, etc.|
|Top Recruiters||Export Promotion Councils, Trade Regulatory Bodies, MNCs, Shipping Companies, Engineering Goods Companies, Wipro, Bharti Airtel, Goldman Sachs, KPMG, Accenture, ICICI Bank, Mediterranean Shipping Company, Ocean Network Express, COSCO Shipping Line, Orient Overseas Container Line, etc.|
|Employment Areas||Academic Institutions, Medical & Chemical Goods Companies, Handicrafts Companies, Manufacturing Companies, Textile Companies, Financial Institutions, Engineering Goods Companies|
Why Study BBA Foreign Trade?
BBA in overseas alternate is critical if you want to pursue a profession in global commercial enterprise or alternate and need to paint with a number of the largest worldwide organizations inside the world. The route gives an in-intensity understanding of ways global alternate occurs and teaches approximately global alternate bodies, the EXIM coverage of India, in addition to the function of multilateral organizations in overseas alternate.
The BBA overseas alternate syllabus consists of an aggregate of disciplines and BBA overseas alternate topics which might be critical to the enterprise and for export-import organizations, banks, or every other company with a worldwide presence. The essential intention is to study and apprehend the fundamental principles and methods observed in global commercial enterprise and worldwide trading. As a student, you get to inculcate managerial competencies as nicely that now no longer best assist you at some stage in paintings however also can be delicate through a master’s degree.
The curriculum calls for you to comprehend a variety of sensible and theoretical understandings for constructing your competence. The global alternate marketplace could be very massive and time-expanding, with new items and offerings being added regularly. Today, there are numerous textiles, manufacturing, car organizations, and banks, in addition to authorities organizations which might be seeking out experts with the revel in and understanding in overseas alternate.
(2). Admission Process
Candidates can get admission to this course in the B-Schools based on their performance in the qualifying exams and the concerned Entrance Exam. An advantage listing is ready with the aid of using the respective establishments to shortlist the qualifying candidates. Some colleges would also conduct Group Discussions and Interviews for admission purposes.
Types of BBA Foreign Trade
Aspirants can pursue the BBA Foreign Trade course in the full-time, part-time, and distance-time modes. Below are the types of BBA Foreign Trade courses in detail:
Many universities and colleges in India offer the Distance BBA Foreign Trade course. The course is designed keeping the Distance Education methodology in mind.
The full-time BBA Foreign Trade program is typically for 3 years, during which students will have to attend classes in person, submit assignments, and write their exams on campus.
The part-time BBA Foreign Trade course is designed for students who cannot attend regular classes. Part-time courses either run on the weekend or night classes or online classes, depending on the type of course.
The admission process for BBA Foreign Trade is the same as any other course. Some of the most important points to be remembered while the admissions take place have been mentioned below for reference:
who wish to take admitted to BBA Foreign Trade must meet the eligibility
criteria for the same.
(ii). Most colleges hold merit-based admissions but some colleges offer admissions based on the entrance exams.
(iii). Some of the most popular entrances conducted for admissions to the course include SET, GGSIPU CET, AIMA UGAT, etc.
(iv). The students can register themselves for the same either through an online or an offline mode.
(v). Institutes may also conduct group discussions and personal interviews for the selection of candidates.
Accepted Entrance Exams
Entrance exams are a not unusual place and a famous method for a few faculties to have a screening to determine which scholar should be admitted to the course. Many famous faculties across the country have made a call for themselves by undertaking across the world acclaimed studies projects.
These faculties frequently behavior front assessments because the call to go into those faculties is better than the variety of seats available. Listed under are a number of the famous assessments:
Companies even recruit overseas exchange path applicants for their business enterprise search for applicable capabilities in them. Skills act as a base for the applicants and additionally assist them to get in shape into exceptional process roles. Therefore, applicants have to be cognizant and try and increase the desired talent set in a specific sector. Below are a number of the capabilities that a candidate have to need to choose a path in this field:
|Good communication skills||Good interpersonal skills||Effective Time Management|
|Resourceful||Leadership Skills||Relevant interest|
|Adaptability||Analytical skill||Ability To Accept criticism|
|Ethical||Keen interest in the retail sector||Customer Service Skills|
|Strategic Thinking||Critical Thinking||Active Listening|
|Additional skill||Problem-solving skills||Quick decision-making skills|
|Strong negotiation skills||English||Be cheerful in nature|
The BBA Foreign Trade course fee is not fixed and depends on many factors. Some of the factors which affect the BBA in Foreign Trade fees include location, faculty, demand, infrastructure, and the facilities available to the students. The average BBA Foreign Trade course fee in India is around INR 60,000-4,00,000.
|Name of College||Average Annual Fee(INR)|
|IPS Academy||INR 26,000|
|Prestige Institute of Management and Research||INR 37,000|
|Christian Eminent||INR 21,300|
The selection process for the courses under the BBA Foreign Trade course in India is usually the same irrespective of the specialization. Generally, once the application for the course is received, colleges decide on the final selection of the candidates based on the marks obtained by them in the entrance exams.
(3). Course Comparison
BBA Foreign Trade v/s BBA International Business
A course comparison has been presented below for the students to decide which course would be the best one for them to choose. The table includes all the necessary information about the two very related courses.
|Parameters||BBA FT||BBA IB|
|Course Name||Bachelor of Business Administration Foreign Trade||Bachelor of Business Administration International Business|
|Course Overview||BBA Foreign Trade is a 3-year undergraduate degree that makes specialty in coaching scholars approximately the basics of overseas alternate and their significance within the Indian Economy.||BBA International Business is a 3-year course at the undergraduate level that deals with the study of business and cultural concepts relevant to International Business.|
|Course Duration||3 years||3 years|
|Average Annual Fee||INR 20,000-5,00,000||INR 50,000-5,00,000|
|Average Annual Salary||INR 6,00,000-10,00,000||INR 3,00,000-10,00,000|
|Job Profile||Foreign Trade Analyst, Export Manager, Relationship Manager, Foreign Trade Manager, etc.||International Training Manager, International Operations Manager, Global Distributions Manager, etc.|
|Top Recruiters||Export Promotion Councils, Trade Regulatory Bodies, MNCs, Shipping Companies, Engineering Goods Companies, etc.||HDFC, BPO, Amazon, Oracle, ICICI, Airtel, Vodafone, etc.|
(4). Top Colleges
In India, there are a number of colleges that are presently offering the course of BBA Foreign Trade. However, the most reputed ones amongst them have been listed below:
|Name of College||Average Annual Fes(INR)||Location|
|NIMS University||INR 50,000||Jaipur|
|Sanghvi Institute of Management and Science||INR 70,500||Indore|
|Amity Global Business School||INR 2,70,000||Noida|
|AP Goyal Shimla University||INR 50,000||Shimla|
|Institute of Business Management and Research||INR 52,000||Indore|
|Chandigarh University||INR 96,000||Chandigarh|
|Prestige Institute of Management and Research||INR 37,000||Indore|
|Universal Business School||INR 5,28,000||Karjat|
|Christian Eminent College||INR 21,300||Indore|
|University of Petroleum and Energy Studies (UPES)||INR 1,10,00||Dehradun|
|IPS Academy||INR 26,000||Indore|
Top City-wise BBA in Foreign Trade Colleges
Check the table below for the top city-wise BBA Foreign Trade colleges in India:
|Name of City||Name of College||Average Annual Fee(INR)|
|Pune||Symbiosis International University||INR 2,90,000|
|MIT World Peace University||INR 1,60,000|
|Bharati Vidyapeeth University||INR 1,00,000|
|DY Patil University School of Management||INR 1,20,000|
|MIT College of Management||INR 1,66,340|
|Delhi||Institute of Management Studies, Noida||INR 1,17,750|
|Indraprasta Institute of Technology & Management, New Delhi||INR 1,35,000|
|OP Jindal Global; Business School, Sonepat||INR 4,00,000|
|St. Andrews Institute of Technology Management, Gurgaon||INR 72,000|
|Jagan Institute of Management Studies, New Delhi||INR 88,000|
|Amity Global Business School, Noida||INR 2,70,000|
|Bangalore||Bangalore Institute of Management Studies||INR 1,80,000|
|Indian School of Business Management & Research||INR 77,400|
|International Institute of Business Studies||INR 2,10,000|
|REVA University||INR 90,000|
|Alliance School of Business||INR 2,00,000|
|Manipal Academy of Higher Education||INR 1,63,000|
Top BBA Foreign Trade Government & Private Colleges
There are several top Government Colleges offering quality BBA Foreign Trade programs across the country. Check the table below for the top BBA Foreign Trade government & private colleges in India:
|Type of College||Name of College|
|Sydenham College of Commerce and Economics|
|Christian Eminent College|
|Prestige Institute of Management and Research|
|AP Goyal Shimla University|
(5). Job & Placements
The placements of BBA in foreign trade across the B-Schools in India have been quite commendable for the past batches. Students are placed in the final semester of their curriculum, yet some of the students are also given joining from the 5th semester also.
Students are employed across various public and private sectors like banking, trade, commerce, Logistics/ Import, Export firms, consultancies, etc. Students in the top B-Schools are offered very good job profiles with a pretty handful of salary packages. Job opportunities are available within India and overseas also.
Professionals of the course are eligible enough to find worthy job opportunities at reputed organizations in the field of Foreign Trade. The course provides an in-depth study of the subject of Foreign Trade. Being a job-oriented course, it provides lucrative job opportunities to the students who excel in this field. It opens wide opportunities for the graduates of the course at the completion of their degrees.
The most popular professional avenues available for the graduates of BBA Foreign Trade are as follows:
|Job Profile||Job Description|
|International Business Consultant/ Foreign Trade Consultant||Their job is to analyze the firm's operations and give solutions to gain success in the international market. They also aim to provide consultation and provide improvements to raise the profit margins of the firm.|
|Export Manager||The work of an export supervisor entails making plans and coordinating the delivery of products at a global level. They ought to additionally test if the employees concerned with the import and export of products abide by way of means of governmental policies and regulations.|
|Foreign Trade and Business Analyst||Their function is to investigate the commercial enterprise and its overall performance by maintaining through the numerous marketplace mechanisms.|
|Foreign Trade Analyst||A foreign trade analyst tracks the progress of the exchange of goods and services among international borders. They have employment opportunities in both private as well as public sectors since both have an interest in international markets.|
|Accountant||They are accountable for maintaining statistics of all of the assets, liabilities, inflow, outflow, loans, debts, and different crucial sports of the firm.|
|Foreign Trade Manager||Their work involves developing foreign trade policies and procedures for an organization. They must check if the personnel involved in the export and import of these goods are faithful to the governmental rules and regulations|
|Marketing Manager||The job of the marketing manager is to implement correct policies and strategies to increase the profit margin of the firm. They also look after raising the market and brand value of the firm.|
|Global Trade Compliance Advisor||Their work involves looking after the issues relating to domestic manufacturers who are involved in the import and export of goods. These professionals create and implement trade policies that are related to international customs regulations, shipping requirements, etc.|
|Finance Manager||They look after and manage all the financial aspects of the firm.|
|Relationship Manager||They deal with customers so as to advise them about the various banking and financial services offered by the bank.|
|Financial Advisor||Their job is to develop strategies, find sources of finance, and analyze financial policies to get a proper return on investment and capital.|
Some of the areas in which candidates are employed after completing qualifications in Foreign Trade:
|Goldman Sachs||Sony||ZS Associates|
|Adidas||Intel||Larsen & Turbo|
|IBM||Microsoft||Boston Consulting Group|
There is a large scope of BBA Foreign Trade jobs for graduates in both the private and public sectors. After BBA Foreign Trade graduation students pursue a course that is not limited to their specific areas resulting in a vast job. With many specializations, the BBA Foreign Trade course is an all-around course.
Concerning the previous academic background, the personal choice, and the ability of the student toward a particular program, there exists an appropriate plan for almost every candidate opting for the BBA Foreign Trade course. Some of the areas of recruitment are:
(ii). Engineering Goods Companies
(iii). Export Promotion Councils
(iv). Trade Regulatory Bodies
The BBA Foreign Trade salary for the graduates can range in keeping with the specialization that the aspirants determine to pursue. Other elements that could have an effect on BBA Foreign Trade income in India consist of experience, location, and specialization. Graduates can grow their income with the aid of using doing internships and painting placements as it'd upload to their experiences.
The common BBA Foreign Trade income for graduates is around INR 2,00,000-10,00,000. The desk beneath indicates the income breakdown of BBA Foreign Trade graduates in India:
|Level of salary||Annual Salary Amount|
|Lowest Salary||INR 3,00,000|
|Average Salary||INR 6,00,000-10,00,000|
|Highest Salary||INR 25,00,000|
The table below contains the list of BBA Foreign Trade job profiles and their average salaries per annum:
|Job Role||Average Annual Salary(INR)|
|Business Analyst||Rs. 3,50,000–4,5,000|
|Relationship Manager||Rs. 5,00,000-7,00,000|
|Financial Manager||Rs. 4,50,000-5,50,000|
|Foreign Trade Analyst||Rs. 9,00,000-12,00,000|
|Foreign Trade Manager||Rs. 9,00,000-10,00,000|
|Marketing Manager||Rs. 5,50,000-6,50,000|
|Export Manager||Rs. 4,50,000-5,50,000|
|Financial Advisor||Rs. 5,00,000-6,00,000|
The ever-growing worldwide alternate or the alternate of products and offerings throughout borders and territories has spread out the big scope of BBA in Foreign Trade. Today, some production companies, monetary institutions, Banks, and authorities groups that alternate past borders search for specialists pro in overseas alternate.
The scope is big for the overseas alternate certified specialists each in India in addition to abroad. Such specialists also are assigned worldwide tasks which could increase your portfolio and for that reason career. Students interested in entrepreneurship can begin their personal consultancy or buying and selling firms.
The course of BBA in Foreign Trade opens professional possibilities for a scholar in groups and organizations associated with business activities, economics, global buying and selling, and different associated operations, etc. Graduates of this direction also can choose to cross for better schooling along with an MBA and count on a coaching or studies role at an educational institution.
Students who've finished a BBA in Foreign Trade frequently discover activity possibilities in economic groups along with banks, organizations that contain overseas buying and selling operations along with production firms, organizations that cope with exports and imports, etc. The direction additionally opens up professional possibilities for authorities corporations worried about buying and selling operations.
Some of the famous locations that lease BBA to Foreign Trade graduates include:
(ii). Shipping Firms
(iii). Shipment Quality Control Firms
(iv). Textile Manufacturing Companies
(v). Electronic Goods Manufacturing Companies
(vi). Financial Institutions etc.
Career options after BBA Foreign Trade Graduation
There are plenty of jobs available for students looking for a career in the Trading sector. The job roles will differ from BBA Foreign Trade based on the specialization that one has opted for. BBA Foreign Trade graduates have abundant job opportunities with good salary packages that include the following fields:
(ii). Foreign Trade and Purchasing Specialist.
(iii). Supply Chain Manager.
(iv). Business Development Manager.
(v). Foreign Trade Manager.
(vi). Export Manager.
(vii). Relationship Manager.
(viii). Business Development Manager.
Scope of Foreign Trade in India and Abroad
Career possibilities for certified experts in the area of overseas exchange are growing each day at an excessive rate. Big organizations, manufacturers, authorities institutions, economic institutions, and different businesses all around the globe are constantly hiring experts to sort out their overseas exchange practices. As a result, certified experts in this area have vast possibilities both – in India and overseas countries.
There is a large scope in this area because of the involvement of worldwide organizations and additionally because of the supply of various activity profiles. Candidates can get the possibility to paint on worldwide projects, or they also can be assigned the function of a Foreign Trade supervisor and lots of different excessive-profile roles.
Scope for Higher Education
Students can pursue many specializations under BBA Foreign Trade. There are also many higher study options available for graduate students after a BBA Foreign Trade degree, which can help them better understand the subject. Also, gaining extra schooling can assist college students to pursue a profession in studies if they're interested in it.
below are some of the popular higher education options available for students:
Skills that make you the Best BBA Foreign Trade Graduate
There are many complicated and tender talents that BBA Foreign Trade graduates want to own to achieve their careers. These aren't always talents that scholars can get in a study room setting. Instead, those are talents that are discovered thru reveling in them.
college students ought to usually be positioned inside the attempt to exit
in their consolation quarter and benefit as a great deal revels in as possible.
Some of those talents include:
(1). What is Foreign Trade?
Ans. Foreign Trade includes the change of items, capital, and offerings throughout diverse worldwide territories and borders. As no country is green sufficient to provide all items, they are probably depending on a few different countries for the import of sure items or offerings which can be unavailable in their personal country. A country can also add even export items that can be produced in large part in different countries, which allows you to set the motions for worldwide change relations.
(2). What is BBA Foreign Trade?
Ans. BBA Foreign Trade is a 3-year undergraduate diploma that specializes in coaching college students on approximately the basics of overseas change and its significance within the Indian Economy.
(3). What is the duration of the
course BBA in Foreign Trade?
Ans. BBA in Foreign Trade is a 3-year path.
(4). What are the eligibility standards
for BBA Foreign Trade?
Ans. The fundamental necessities contain a 10+2 or an equal diploma from a diagnosed institute. They ought to have studied the topics of Accountancy, Economics, Mathematics, and Business Studies compulsorily on the 10+2 level.
(5). What is the scope of BBA Foreign
Ans. They can discover beneficial process possibilities at Export Units, Export Promotion Councils, Trade Regulatory Bodies, MNCs, etc. The graduates can pick out to be an Export Manager, Foreign Trade Manager, Global Trade Compliance Advisor, Relationship Manager, and lots extra.
(6). What is the average course price
for BBA Foreign Trade?
Ans. The average course price for BBA Foreign Trade in India levels between INR 20,000 - 5,00,000.
(7). What are the employment
possibilities to be had for BBA Foreign Trade graduates?
Ans. The graduates can pick out to be an Export Manager, Foreign Trade Manager, Global Trade Compliance Advisor, Relationship Manager, and lots extra.
(8). What is the operating hour of a
Foreign Trade professional?
Ans. The operating hours range relying upon different factors which include country, process role, and lots of others. But, generally, experts in this discipline ought to paint for appx. 6 -8 hours in keeping with day and worldwide change experts ought to paint full-time.
(9). What are the principle
specializations of the path?
Ans. It gives a deep understanding and know-how of topics like International HRM, Logistics, International Marketing, Business Mathematics, Statistics Business Economics, Industrial Relations Marketing Management, etc.
(10). What is the average starting
salary offered to the graduates of the path?
Ans. The common preliminary revenue of those experts levels among INR 6,00,000-10,00,000(approx.)
(11). How many types of foreign
changes are there?
Ans. There are 3 sorts of Foreign Trade- Export Trade, Import Trade, and Entrepot Trade.
(12). What are the maximum famous
front checks carried out for BBA Foreign Trade?
Ans. The maximum famous checks are as follows:
(i). Symbiosis Entrance Test (SET)
(ii). Guru Gobind Singh Indraprastha University Common Entrance Test (GGSIPU CET)
(iii). All India Management Association Undergraduate Aptitude Test(AIMA UGAT)
(13). What is the important thing
distinction between home change and overseas change?
Ans. Domestic change is the change among or extra states, cities, or areas within the limitations of a country, whereas, overseas change is the change among or extra countries. Domestic change does now no longer have any effect at the cost of the country-wide currencies. While overseas change practices have an instantaneous effect at the cost of the country-wide foreign money of any country. The calculation of taxes and practices worried about making home change is an awful lot easier than overseas change.
(14). What are the top colleges
providing BBA in Foreign Trade courses?
Ans. Following are a number of the top colleges providing Management courses:
(i). Indian institute of Foreign Trade (New Delhi)
(ii). Institute of Management Technology (Ghaziabad)
(iii). Department of Management Studies - IITR (Roorkee)
(iv). Department of Management Studies, Indian Institute of Technology (Delhi)
(v). Indian Institute of Management (IIM), (Ahmedabad).
(15). What is the admission procedure
for BBA Foreign Trade?
Ans. The admissions are primarily based totally on the overall performance of the candidate in his/her excessive secondary examination in conjunction with the doorway checks. This approach that the admissions are absolutely beneficial and front primarily based totally.