Postgraduate Diploma in Foreign Trade

About Course

The Postgraduate Diploma in Foreign Trade Management is the Postgraduate Diploma in Foreign Trade. The exchange of money, goods, or services across international borders or territories is known as international trade or foreign trade in general. Postgraduate studies in foreign trade typically take two years of study, although this can vary from university to university and some even offer part-time options. The course is career-oriented and offers a wide range of postgraduate work opportunities in various disciplines.

The PG Diploma in Foreign Trade programme is meant to deepen students' understanding of global trade laws and regulations, capital exchange, and much more. The course syllabus offers a thorough examination of the global market and research. The main goal of the course is to prepare students to manage different aspects of international trade and systematic modules involved in the field through theory and practice and work effectively in areas like export management, costs, purchasing, costing, export market research, distribution, goods marketing, export finance, documentation, and foreign.

They should be well-versed in international business, understand the economies of many nations, be aware of current business trends, and possess strong management and leadership abilities. Additionally, they should have a solid command of document and information retrieval skills as well as proficiency in a foreign language, including hearing, speaking, reading, and writing.

The Post Graduate Diploma in Foreign Trade is beneficial to students who want to pursue careers as college and university teachers in both public and private institutions. Some of the qualities needed to succeed in this career include excellent interpersonal abilities, a keen business aptitude, knowledge of other languages, persuasive ability, and confidence.

After completing the Postgraduate Diploma in Foreign Trade Management, students can also pursue employment in merchandising organisations, export units, and the foreign business divisions of organisations.

Course Highlights

Check out the table below for all the crucial information regarding the Postgraduate Diploma in Foreign Trade:

Particular	Value
Course Name	Postgraduate Diploma in Foreign Trade
Course Level	Postgraduate
Course Duration	1 Year
Eligibility Criteria	Graduation in any discipline with a minimum of 55%
Entrance Exams	NCHMCT PG, CAT, CMAT, XAT etc.
Admission process	Entrance Exam, Personal Interview
Examination Type	Semester based
Age	No age limit
Average Annual Fees	INR 50,000-2,00,000
Average Annual Salary	INR 3,00,000-10,00,000
Top recruiters	Wipro, ITC Limited, Infosys, Amazon, Flipkart, Reliance Industries Limited etc.
Job Profiles	Export-Import Manager, Analyst of international business, Manager of global trade operations, Consultant in international trade etc.

Why is the study for a Postgraduate Diploma in Foreign Trade?

The study of a Postgraduate Diploma in Foreign Trade is very valuable for many reasons:

1. This programme gives students in-depth knowledge of foreign trade policies and strategies.

2. A PG in Foreign Trade helps students develop a global business perspective and learn how to deal with international partners, suppliers, and customers.

3. A PG in Foreign Trade increases your employment opportunities in many sectors, such as export/import companies, logistics firms, multinational corporations, government agencies, and international organisations.

4. Studying Foreign trade gives you knowledge of trade laws, trade agreements, and international trade policies.

5. A PG in Foreign Trade will enhance students’ skills in foreign trade, including political, economic, and various other challenges.

Admission Process

Admission to the Postgraduate Diploma in Foreign Trade is based on the entrance exam, merit, and some colleges shortlist students by conducting interviews.

Types of Courses in Postgraduate Diploma in Foreign Trade

The path has full-time, part-time, and distance alternatives to be had to aspirants for the route. The following info is furnished below:

(1) . Distance

The distance or online is for those who cannot attend normal sessions; a web Postgraduate Diploma in Foreign Trade control is one of the favoured alternatives.

(2) . Full-Time

The Postgraduate Diploma in Foreign Trade is one year course and has the advantage of permitting college students to hurry up their getting-to-know method and drastically boom their knowledge.

(3) . Part-Time

A part-time Postgraduate Diploma in Foreign Trade is for professionals who are currently employed and unable to take time off for full-time education. The part-time Postgraduate Diploma in Foreign Trade path will be quite beneficial.

Eligibility Criteria

1. The candidate must have a degree in any field.
2. The student must achieve at least 50% of the points from 10+2+3.
3. The last year students still awaiting results may also apply.

Admission process

The authorization levels are as follows: For the pre-selection, the student must prove his/her suitability and apply for these examinations.

(i)Candidates must therefore qualify for the exam with the required minimum score. Once the test is over, the university announces the result and publishes the full list of definitive candidates.

(ii)Selected students can then complete the admissions process by attending college and paying tuition.

(iii)For merit-based rather than entry-based admission to the bachelor’s degree, students must apply online or offline (depending on the bachelor’s tracker) and then wait for the lists to be compiled by the universities where they have earned the most points.

Accepted Entrance Exam

Most popular colleges offer admission to Postgraduate Diplomas in Foreign Trade courses based on merit. However, some colleges also test applicants for admission to a Postgraduate Diploma in Foreign Trade program through an entrance exam. The entrance exams for the Postgraduate Diploma in Foreign Trade courses are primarily required to assess candidates on multiple choice questions in subjects such as general knowledge, English, and reasoning. While there are not many specific entrance exams for Postgraduate Diploma in Foreign Trade, applicants can pass some popular Postgraduate Diploma in Foreign Trade exams that can qualify them for admission to courses.

NCHMCT PG	XAT
CAT	NMAT
CMAT	GMAT,MAT

Skills Required

At Postgraduate Diploma in Foreign Trade, students learn skills related to foreign trade, including political, economic, and various other challenges.

International Trade Knowledge	Export and Import Management	Work under Pressure
Observation skills	Communication skills	Problem-solving
International Business Marketing skills	Time management	Decision-making skills
Supply Chain Management	Financial Management	Leadership skills

Fee Structure

Fee structures for the Postgraduate Diploma in Foreign Trade in some of the colleges are listed below:

Name of College	Average Annual Fee(INR)
Annamalai University, Tamil Nadu	INR 39,000
Gokul Global University, Patan, Gujarat	INR 23,214
Indian Institute of Commerce and Trade – IICT,  Lucknow	INR13,220
Indian Institute of Pharmaceutical Marketing - IIPM Lucknow	INR 12,955
Institute of Business Management and Research – IBMR, Pune, Maharashtra	INR 50,000
Indian Institute of Foreign Trade (IIFT), Delhi	INR 20,90,300
Acton Business School – ABS, Thane, Maharashtra	INR 7,95,000
Arihant College of Management and Information Technology – ACMIT, Pune	INR 44,800
Modern College of Arts, Science and Commerce, Pune	INR 94,000
Oriental Institute for Management Studies Wayanad, Kerala	INR 1,20,000

Selection Criteria

The Postgraduate Diploma in Foreign Trade admission applications may be completed both through merit-primarily based totally or entrance-primarily based methods. Based on their educational performance, a maybe pursued a Postgraduate Diploma in Foreign Trade with a minimal combination of 50% from an identified university. 

Course Comparison

Postgraduate Diploma in Foreign Trade v/s PGD Travel and Tourism Management

Parameter	Postgraduate Diploma in Foreign Trade	PGD Travel and Tourism Management
Course Name	Postgraduate Diploma in Foreign Trade	PGD Travel and Tourism Management
Course Overview	The Postgraduate Diploma in Foreign Trade Management is the Postgraduate Diploma in Foreign Trade. The exchange of money, goods, or services across international borders or territories is known as international trade or foreign trade in general.	PGD Travel and Tourism Management is a postgraduate program dedicated to the travel and tourism industry. Students receive academic training in travel management, airline marketing, cultural travel, and heritage. It is usually offered by private universities.
Duration	1 year	1 year
Eligibility	Bachelor’s degree in any stream with 50% aggregate	Bachelor’s degree in any stream with 50% aggregate
Entrance Exams	NCHMCT PG, CAT, CMAT, XAT, etc.	NCHMCT PG, CAT, CMAT, XAT, etc.
Average Annual Fees	INR 50,000-2,00,000	INR 2,40,000-10,00,000
Top Colleges	Institute of Hotel Management, Mumbai, Lalit Suri Hospitality School etc.	Indian Institute of Tourism and Travel Management, Gautam Buddha University, etc.

Top Colleges

The best universities form Postgraduate Diploma in Foreign Trade many universities across the country. Some of the best colleges that offer this course are listed below along with some more details:

Name of College	Average Annual Fee(INR)	Location
Annamalai University	INR 39,000	Tamil Nadu
Gokul Global University	INR 23,214	Patan, Gujarat
Indian Institute of Commerce and Trade - IICT	INR13,220	Lucknow
Indian Institute of Pharmaceutical Marketing - IIPM Lucknow	INR 12,955	Lucknow
Institute of Business Management and Research - IBMR	INR 50,000	Pune, Maharashtra
Indian Institute of Foreign Trade (IIFT)	INR 20,90,300	Delhi
Acton Business School - ABS	INR 7,95,000	Thane, Maharashtra
Arihant College of Management and Information Technology - ACMIT	INR 44,800	Pune
Modern College of Arts, Science and Commerce	INR 94,000	Pune
Oriental Institute for Management Studies	INR 1,20,000	Wayanad, Kerala

Job & Placements

A postgraduate Diploma in Foreign Trade opens up job opportunities in the import and export industry. Here are some job profiles you can consider:   

Job Profile

Following are some of the jobs profiles available after a Postgraduate Diploma in Foreign Trade

Job Profile	Job Description
Export Manager	The export manager is responsible for timely product delivery, interactions with foreign organizations, and the implementation of export laws and regulations.
Import Manager	The import manager is in charge of introducing new items into the market, ensuring prompt delivery of delivered goods, applying import legislation, and liaising with foreign corporations.
Trade Analyst	A trade analyst is in the role of examining international trade to analyse foreign trade.
Foreign Trade Officer	A foreign trade officer is a government employee tasked with improving the Indian economy through commerce with other overseas businesses.
Foreign Trade Consultant	A foreign trade consultant provides guidance to grow in the field related to global trade. They support companies in finding new markets with their goods as well as in understanding the rules and regulations involved in shipping and bringing in goods and services.
International Marketing Manager	A manager of worldwide marketing is responsible for promoting a company's products on a global scale. Businesses collaborate with a few groups to promote the businesses' goods in the hopes of increasing sales.
Abroad Business Developer	A manager of international business development develops innovative strategies to help businesses grow in foreign markets. Additionally, they negotiate deals between businesses, plan developments, and identify market strategies.

Top Recruiters

Listed here are some of the top recruiters who hire after completion of a Postgraduate Diploma in Foreign Trade:

Aditya Birla Group	Mahindra & Mahindra
ITC Limited	Reliance Industries Limited (RIL)
Hindustan Unilever Limited (HUL)	Wipro
ITC InfoTech	Infosys

Average Salary

Job Role	Salary (Annually)
Export Manager	INR 12,00,000
Trade Analyst	INR 8,00,000
Business Development Manager	INR 6,00,000
Import Manager	INR 12,00,000
Foreign Trade Consultant	INR 10,00,000
International Marketing Manager	INR 14,00,000

Career/Scope

After Foreign Trade, the Postgraduate Diploma in Foreign Trade is regarded as one of the most popular courses. There is no question that the candidate's career is headed in the correct direction because gastronomy is significant to foreign trade. Both the public and private sectors of India's economy see tremendous demand each year. There are many prospects for professional progress for those who apply to this programme.

Career Options for Postgraduate Diploma in Foreign Trade

Indian business has undergone a full transformation as a result of globalisation. In contrast to many Indian enterprises setting up shops overseas or engaging in joint ventures, the growth of international commerce in India has naturally attracted more and more multinational corporations to establish operations.

People with experience in international commerce are increasingly needed. Thus, a career in international business has emerged as a profitable alternative with chances for employment throughout the globe for people taking commerce and international business courses. Some of the career options are listed below:

(i).Export Manager: The export manager is responsible for timely product delivery, and interactions with foreign organizations.

(ii).Trade Analyst: A trade analyst is in the role of examining international trade to analyze foreign trade.

(iii).Foreign Trade Officer: A foreign trade officer is a government employee tasked with improving the Indian economy through commerce with other overseas businesses.

(iv).Manager of International Marketing: Promoting a company's goods internationally is the responsibility of a manager of global marketing. Businesses work together with a few groups to market their products to boost sales.

 

(v). Foreign Trade Advisor: A foreign trade consultant offers advice on how to advance in the area of international commerce. They help businesses comprehend the rules and procedures associated with shipping and importing goods and services as well as help businesses locate new markets for their products.

  

Scope for Higher Education

PGD in Foreign Trade scope is vast, which gives candidates a chance to pursue higher studies after obtaining the degree. The following are some of the best higher education programs Certification Courses, and PhDs.

Skills that make you the Best in Postgraduate Diploma in Foreign Trade

Here are some of the skills that make you the best in PGD in Foreign Trade:

1. International Trade Knowledge.     

2. Export and Import Management.   

3. Work under Pressure.

4. Observation skills. 

5. Communication skills.       

6. Problem-solving.

7. International Business Marketing skills.    

8. Time management.

9. Decision-making skills.

10. Supply Chain Management.        

11. Financial Management.    

12. Leadership skills.

FAQs

(1). What is a Postgraduate Diploma in Foreign Trade?

Ans. The Postgraduate Diploma in Foreign Trade Management is the Postgraduate Diploma in Foreign Trade. The exchange of money, goods, or services across international borders or territories is known as international trade or foreign trade in general.

(2). What is the average fee structure for Postgraduate Diploma in Foreign Trade?

Ans. The average Postgraduate Diploma in Foreign Trade fees charged by colleges or universities in India lies between Rs. 50,000-2, and 00,000 per year.

(3). What is the expected salary for Postgraduate Diploma in Foreign Trade?

Ans. The expected salary for a Postgraduate Diploma in Foreign Trade graduate is around INR 3, 00,000-10, 00,000 per annum.

(4). What are the eligibility criteria for admission to Postgraduate Diploma in Foreign Trade?

Ans. The eligibility standard for Postgraduate Diploma in Foreign Trade is that applicants have to have finished a bachelor’s diploma.

(5).  What is the admission process for Postgraduate Diploma in Foreign Trade?

Ans. The admission process for Postgraduate Diploma in Foreign Trade is both merit-based and entrance based.

(6). What are the top entrance examinations for Postgraduate Diploma in Foreign Trade?

(7). What are some of the best colleges for this course program?

Ans. The best Colleges for this program are the Annamalai University, Institute of Business Management and Research – IBMR, Gokul Global University, ABS, etc.

(8). What are some of the most popular job profiles for a Postgraduate Diploma in Foreign Trade?

Ans. Popular job profiles for this course are Export-Import Manager, Analyst of international business, Manager of global trade operations, and Consultant in international trade etc.

(9). What are the top recruiters of the Postgraduate Diploma in Foreign Trade?

Ans. Wipro, ITC Limited, Infosys, Amazon, Flip kart, Reliance Industries Limited etc. are some of the top recruiters of Postgraduate Diploma in Foreign Trade.