Post Graduate Programme in Foreign Trade: Courses, Admission, Syllabus, Colleges, Eligibility, Entrance Exam, Career Scope and Salary

  • course years 2 Years
  • type of course Post Graduate
  • course stream Management
  • course type Full Time
Written By universitykart team | Last Updated date Oct, 09, 2024

About the Course Post Graduate Programme in Foreign Trade

The Post Graduate Programme in Foreign Trade is a specialized program designed to bridge the knowledge gap between traditional education and the practical requirements of the foreign trade sector.

Many industrial enterprises, government organizations, banks, and financial institutions look for applicants with qualifications in foreign trade. For a competent individual in foreign trade, there are several prospects and career paths both in India and overseas.

You will study topics including international supply chain and logistics management, strategic management, international marketing, and communication skills as a trainee in the Post Graduate Programme in Foreign Trade Management. To provide a comprehensive learning experience, it also incorporates field trips, seminars, guest lectures, group projects, and live case studies.

You will learn about foreign trade issues, such as export-import processes, theories of international marketing, general management concepts, foreign trade management techniques, and more, in the Post Graduate Programme in Foreign Trade Management certification course. The program achieves the ideal mix between academic study and hands-on training.

Overview of the Course Post Graduate Programme in Foreign Trade

The key highlights of the Course Post Graduate Programme in Foreign Trade are listed below:

Particulars Value
Course Name PGP in Foreign Trade
Full form Post Graduate Programme in Foreign Trade
Course Level Post Graduate
Duration Two-year, full-time
Examination Type Semester System
Eligibility Graduation (in any stream)
Admission Process Selection based on academic record and performance in the entrance exam (in some cases)
Average Course Fee INR 30,000 to 25,00,000 depending on the institute.
Average Starting Salary INR 3 to 15 Lacs
Top Recruiters TCS, IBM, BANKS, Deloitte, Financial Firms, TATA, etc
Job Profiles Business Analyst, Risk Analyst, International marketing manager, CEO, Director, Manager, Research Analyst

Why the Course Post Graduate Programme in Foreign Trade

One of the most popular programs for anyone looking to pursue a lucrative career in business is the Post Graduate Program in Foreign Trade (PGPFT). Following a PGP in Foreign Trade (FT) might provide the following advantages:

Improves entrepreneurial skills: Businesses with worldwide organizations have a large client base, fluctuating revenues, various product cycles, and much more. A PGP in FT equips you to take on significant positions in managing an organization's operations. Additionally, a PGP in FT gives you knowledge of international commerce as well as relevant skills. If you have any entrepreneurial aspirations, you will also have the opportunity to pursue them.

High-demand job field - Nearly every corporate behemoth works on a worldwide scale where they must deal with trade rules and conventions and laws related to international commerce. As a result, they require qualified individuals in foreign trade management. According to a US Forex poll, around 58% of all firms, large and small, have clients abroad, a number that is expected to increase by 72% over the next four years. There is no question that this industry will create a lot of jobs in the future.

To handle business, commerce, and communications between multinational corporations, there is a significant demand for management expertise. There are several options for travel in the occupations that follow the PGP in Foreign Trade program. This course is ideal for you if you enjoy exploring different locations and working in diverse environments.

Eligibility Criteria for the Course Post Graduate Programme in Foreign Trade

(1). The applicant must have achieved the 10+2 level.
(2). A Bachelor's degree in any field with a minimum grade point average of 50% (45% for students from underrepresented groups). According to the college or university, the cutoff percentage may change.
(3). A score that is valid from management entry tests like the CAT, MAT, GMAT, XAT, CMAT, etc.
(4). Some institutions additionally need business acumen, job experience, strong math aptitude, etc.
(5). The outcome will be based on the candidates' performance in the group discussion, personal interview, written examination, etc., together with their success on the admission exam and academics.

Admission Process the Course Post Graduate Programme in Foreign Trade

(1). A candidate must pass the CAT (Common Admission Test) test if they intend to enroll in a PG Diploma in Foreign Trade Management program. Admission to this program is available from other management colleges based on exams like the CAT, MAT, XAT, GMAT, CMAT, and SNAP
(2). In addition to the entrance exam, some universities also admit students based on their performance in the aptitude test, group discussion, and personal interview.

Accepted Entrance Exam for Post Graduate Programme in Foreign Trade

The Accepted entrance exams for the Course Post Graduate Programme in Foreign Trade are listed below:

CAT MAT
XAT CMAT

Required Skills for the Course Post Graduate Programme in Foreign Trade

A combination of theoretical knowledge, mathematical ability, as well as crucial communication, awareness, and negotiating abilities are required by top organizations in the foreign trade industry.

Skills in networking and diplomacy High Levels of Analysis
Political and Cultural Awareness Previous Academic Experience in Business-Related Subjects
comprehension of trade laws and policies Analyse Rewards and Risks
Knowledge of a foreign language is strongly recommended. excellent communication and persuasion skills

Comparison

The key highlights of the Course Post Graduate Programme in Foreign Trade are compared with the course diploma in retail management below:

Course Name Post Graduate Programme in Foreign Trade Diploma in Retail Management
Course Level Post Graduate Diploma
Duration Two-year, full-time 1-2 years
Examination Type Semester System Sem wise
Eligibility Graduation (in any stream) 10+2 or equivalent
Admission Process Selection based on academic record and performance in the entrance exam (in some cases) Merit-based or Entrance Exam
Average Course Fee INR 30,000 to 25,00,000 depending on the institute. INR 5,00,00 - 2,00,000
Average Starting Salary INR 3 to 15 Lacs INR 2,00,000 - 5,00,000
Top Recruiters TCS, Deloitte, Financial Firms, TATA, govt, private, etc Future Group, Reliance Retail, Aditya Birla Retail, Spencer's Retail, Shoppers Stop, Tata Group, Amazon, Flipkart, Walmart, Lifestyle, Big Bazaar
Job Profiles Business Analyst, Risk Analyst, International marketing manager, CEO, Director, Manager, Research Analyst Store Manager, Retail Sales Associate, Merchandiser, Inventory Controller, Customer Service Executive, Visual Merchandiser, Retail Operations Manager

Top Colleges and Fees Structure for the Course Post Graduate Programme in Foreign Trade

The top institutes which offer the Course Post Graduate Programme in Foreign Trade are listed below along with the basic fees structure:

College Name Average Annual Fees
Pondicherry University, Pondicherry INR 75,718 - 1,00,000
Indian Institute of Foreign Trade, New Delhi INR 8,80,000
Xavier Institute of Social Service (XISS) 6,00,000 - 8,00,000
Symbiosis Institute of International Business (SIIB) 9,00,000 - 11,00,000
Fore School of Management 9,00,000 - 11,00,000
Narsee Monjee Institute of Management Studies (NMIMS) 8,00,000 - 10,00,000
Banaras Hindu University (BHU) 1,00,000 - 2,00,000

Job Profiles for the Course Post Graduate Programme in Foreign Trade

The top job roles of the Course Post Graduate Programme in Foreign Trade are listed below along with the description:

Job Roles Description
Specialist in Compliance with Foreign Trade To address challenges brought on by the transfer and mobility of products and services across borders, the international business management sector is controlled by several domestic and international legislation and policies. A compliance specialist is skilled in filing paperwork, coordinating with customs officers, setting up import-export procedures, and adhering to compliance standards established for international commerce and associated operations. There may also be involvement in the training of other officials, information sharing, and the creation of new policies.
Specialist in exports An export expert is responsible for managing the whole process of transferring products and services from one country to another, from beginning pre-export processes to concluding post-export requirements. You can anticipate working on issues like comprehending client requirements, possessing advanced regulatory knowledge, and handling mishaps like the seizure or destruction of goods along with submitting and disseminating sales documents to the appropriate officials, obtaining customs clearances, and formulating necessary forms and contracts. All of these tasks fall under the purview of the foreign trade career profile.
Specialist in Compliance with Foreign Trade To address challenges brought on by the transfer and mobility of products and services across borders, the international business management sector is controlled by several domestic and international legislation and policies. A compliance specialist is skilled in filing paperwork, coordinating with customs officers, setting up import-export procedures, and adhering to compliance standards established for international commerce and associated operations. There may also be involvement in the training of other officials, information sharing, and the creation of new policies.
Regional Sales Manager abroad To communicate with potential consumers and distribute information about the company and its products, international enterprises, and firms primarily depend on people with good communication skills to operate in capacities as international sales representatives. Typical tasks could also involve soliciting insightful comments, determining the need for purchases or sales, seeing emerging trends, coordinating with other international trade analysts, and much more.

Top recruiters for PGP in Foreign Trade

The top recruiters for the Course Post Graduate Programme in Foreign Trade are listed below:

Research & Educational Institutions Export Units
International Trade Regulatory Bodies Export Promotion Councils
Government Organizations State Trading Corporations
Trade Regulatory Bodies International Department of Multinational Companies
Custom Clearing Houses MNCs Departments
Shipping Companies Engineering Goods Companies

Salary for the Course Post Graduate Programme in Foreign Trade

The job roles offered for the Course Post Graduate Programme in Foreign Trade are listed below along with the basic salary structure:

Job Roles Average Annual Salary
Business Head 1,50,000 - 9,04,000
Global Project Manager 3,00,000 - 8,90,339
Policy Analyst 3,50,000 - 11,43,737
Import/Export 4,50,000 - 4,79,052
Risk Analyst 2,50,000 - 6,33,903

Scope for the Course Post Graduate Programme in Foreign Trade

You will look into several options to tour the world for both academic and professional purposes while completing your studies in Foreign trade, and even thereafter. Additionally, while you work towards your PGP in FT, you will meet people who can work with you, have opportunities for internships, and get training that will allow you to travel to both local and foreign locations.

Many industrial enterprises, government organizations, banks, and financial institutions look for applicants with qualifications in foreign trade. For a competent individual in foreign trade, there are several prospects and career paths both in India and overseas.

Career Opportunities after the Course Post Graduate Programme in Foreign Trade

There is a huge need for individuals with trade expertise and an international outlook all around the world. You can qualify for the following positions after completing this course in PGPFT:
(1). Foreign Trade and Purchasing Specialist
(2). Business Development Manager
(3). Global Trade Manager
(4). Market Research Executive
(5). Customs & Global Trade Automation Manager

Scope for future studies after the Course Post Graduate Programme in Foreign Trade

(1). Ph.D. in Foreign Trade
(2). Certification Courses related to Foreign Trade

FAQS

What role does PGP play in the foreign trade course?

An international course of interest is PGP in Foreign Trade. By completing this course, one opens up a wide range of professional options in the export and import sectors, consulting, management, policy-making, customer services, marketing, etc., all over the world.

What are the eligibility criteria for the Post Graduate Program in Foreign Trade?

The eligibility criteria may vary depending on the college or university offering the program. Generally, candidates must have completed their bachelor's degree from a recognized university with a minimum percentage or CGPA. Some institutes may also require a valid score in management entrance exams like CAT, XAT, GMAT, or their entrance exams.

What is the duration of the Post Graduate Program in Foreign Trade?

The duration of the program is typically two years, divided into four or six semesters.

What job possibilities are available at PGP in the foreign trade sector?

There are several job options, including those in the international market, import/export operations, policy planning, global business, customer care, management, executive, human resources management, and consulting services.

Does the course have any prerequisites?

Yes, to join the Post Graduate Programme in Foreign Trade Management certification course, you must have a degree or higher qualification.

What is PGP in foreign trade?

A postgraduate course lasting two years is called Graduate Programmer in Foreign Trade. This class, which might be titled "international business" or "international trade," covers a variety of practical elements of international trade, such as global trade, import and export business, and foreign trade policy and legislation.

What is the application process for admission to these colleges?

The application process varies for each college. Generally, candidates need to apply online through the respective college's website. They might be required to appear for entrance exams, group discussions, and personal interviews as part of the selection process.

What is the approximate fee structure for the Post Graduate Program in Foreign Trade?

The approximate fees for the program can range from INR 1,00,000 to 15,00,000, depending on the college and the facilities offered.

Are there any scholarships available for this course?

Some colleges and universities offer scholarships to meritorious students or those belonging to economically weaker sections. Students should check the college's website or contact the admission department for information on available scholarships and eligibility criteria.

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