MBA (Import & Export)

MBA (Import & Export)

Details of MBA (Import & Export)

Students who want to work for global firms might enrol in an MBA in import and export program at the postgraduate level. Candidates for this course must hold a bachelor's degree of at least three years' duration, and they must pass an entrance exam that measures their competence and ability.

An overview of MBA (Import & Export)

Only a few universities offer an MBA in import and export course as part of their master of business administration degree. Students will learn about international commerce and business's different policies, characteristics, and complexities in this course. A mix of management, business, sales and marketing, and parts of law and economics are covered in this course. There are several advantages to taking this course, including that students may complete it on the weekends and through open learning. The distance learning program is offered by the Indian Institute of Commerce and Trade.

Benefits of MBA (Import & Export)

The need for international business, international marketing, and overseas trade has skyrocketed in our globalized world.

Several different industries in our country employ officials who are well versed in the many elements of meeting this need, including the international ties with other nations and our local markets.

These courses prepare students for careers in global commerce, international marketing, sales, and export and import fields. Candidates interested in a career in any of these fields are encouraged to enrol in this course.

MBA Foreign Trade has a lot of potential in import-export firms. In addition, certain clients in banks also require export-import finance and money transfers to clients abroad.

As a result, the MBA Foreign Trade program has a lot of potentials. In this sector, people may also take advantage of a wide range of travel options.

Eligibility criteria for MBA (Import & Export)

• An applicant must have a bachelor's degree in any subject and a minimum of three years of study to be eligible for the course.
• In addition, the candidates for admission must be familiar with the country's present economic situation and its relationships with other countries through marketing.
• Some universities require students to have at least a 50 % average in their undergraduate courses to be admitted.

Career and Job profile for MBA (Import & Export)

Import and export is a rapidly developing industry, and the MBA, Foreign Trade program, trains students to take on leadership roles and demonstrate their inventive abilities. Candidate's job options are extensive for those who have successfully finished their courses with excellent marks.

Future scope for MBA (Import & Export) Candidates 

From US$ 366 Billion in 2016 to US$ 412 Billion in 2017, India's foreign exchange reserves rose, according to RBI. In the past several years, the international trade industry has seen tremendous development, and it will continue to do so in the future.

As a result of globalization, India's corporate environment has fundamentally changed. Indian international commerce has exploded, drawing an increasing number of MNCs and several Indian enterprises to shop in other countries or enter joint ventures abroad. All of this has resulted in a rise in the need for international trade professionals.

International business has become a good career choice for individuals interested in overseas commerce and international business with worldwide work prospects. As a result, there will be even greater scope for MBA Foreign Trade students in the future.

Fee structure and course duration of MBA (Import & Export)

The candidate must pass an entrance exam as stipulated by the college to be considered for admission (PI). However, according to college standards, this method may differ.

Student's learn basic principles of management and overseas trade together in this course. Because we live in a globalized culture, candidates are taught about global resources and global economics. In India, the average annual income for an MBA in import and export is INR 9.5 lakhs.