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
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.
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