PGP in Foreign Trade is a master’s program designed to educate eligible candidates about the policy and managerial skills needed in handling a business dealing in foreign trade. This holistic program aims to equip candidates with the skills needed to address the new challenges coming up in the domain of foreign trade in this age of globalization.
Students enrolled to the course are taught to identify the challenging areas in these businesses and learn about trade policies, exchange of services and goods, international trade patterns, international trade services across the globe.
|Post Graduate Programme in Uttar Pradesh||Post Graduate Programme in Maharashtra||Post Graduate Programme in Karnataka||Post Graduate Programme in Tamil Nadu|
PGPFT is a 2- year long program comprising 4 semesters, and aims to familiarize students with the challenges in international trade in an effective and efficient manner. The minimum eligibility for admission to the course is graduation completed in any discipline. The average fee in India for the course generally varies between INR 10, 00,000 and 20,00,000, depending upon the institute offering the course.
Successfully postgraduates of the course can expect to be hired in capacities such as Export Manager, Business Development Manager, Foreign Trade Analyst, And Relationship Manager, Logistic/Distribution Manager, Supply and Chain Manager, Procurement/Purchasing Manager, Warehouse Manager, among others.
The average annual salary offered to fresh postgraduates of the discipline ranges between INR 8,00,000 and 20, 00,000, depending upon the job role and the organization.
PGP in Foreign Trade: Course Highlights
Listed below are some of the major highlights of the course.
|Course Level||Post Graduate|
|Duration||2 Years (Full-Time or Distance)|
|Examination scheme||Semester System|
|Eligibility||Bachelor’s degree in any specialization|
|Admission Process||Entrance exam or direct admission|
|Course Fee||INR 90,000 to 5,00,000|
|Average Starting salary||INR 4,00,000 to 7,50,000|
PGP in Foreign Trade: What is it About?
The program aims to build skillsets in eligible candidates for resolving problems that crop up in the field of foreign trade. The curriculum covers subjects of study such as Foreign Finance Policies, Trade Related Policies, International Business, International Law and Strategies, Language, and many more.
PGP in Foreign Trade: Who Should opt?
Ideal students of the course would possess the following skills:
Analytical and critical reasoning ability.
- Strong communication skills.
- Ability to manage work force and leadership qualities.
- Strong decision- making ability.
- Ownership and strong judgements.
- Ability to interact with people.
- Ability to absorb knowledge.
Top Institutes Offering PGP in Foreign Trade
Listed below are some of the top institutes offering the course in the country along with the respective locations and fees charged by each.
|Name of Institute||City||Average Fees|
|Indian Institute of Foreign Trade||New Delhi||INR 15,20,000|
|Delhi School of Economics, DU||Delhi||INR 32,000|
|Symbiosis Institute of International Business||Pune||INR 12,00,000|
Eligibility for PGP in Foreign Trade
The minimum criterion of eligibility needed to be met for admission to the course is graduation or equivalent qualification from a recognized institute/ university with a minimum aggregate score of 50%. Such should have been the minimum aggregate score at the Higher Secondary level of education too.
Candidates awaiting their final examinations’ results are also eligible to apply on provisional basis.
A few institutes also conduct their own entrance tests for admitting candidates to the course.
|Post Graduate Programme in Madhya Pradesh||Post Graduate Programme in Haryana||Post Graduate Programme in Delhi||Post Graduate Programme in Kerala|
PGP in Foreign Trade: Admission Process
Admission to the course is based on the candidate’s merit obtained at the levels of 10+2 and graduation, and performance in the relevant entrance examination, such as CAT, MAT, XAT, GMAT, JMET, CMAT etc.
Subsequently, rounds of Group Discussion rounds Personal Interview follow. Some institutes may have other additional rounds as well.
Such entrance tests essentially evaluate students based on parameters, such as verbal ability, quantitative ability and reasoning ability.
PGP in Foreign Trade: Distance Education/ Direct Admission
The course is also offered via the distance mode of learning through virtual classrooms across some institutes in the country.
Direct admission to the course through management quota is also offered at some institutes in the country.
The top 10 such colleges in the country are listed here.
|Name of Institute||City|
|Symbiosis Institute of Business Management (SIBM)||Pune|
|XLRI School of Business and Human Resource||Jamshedpur|
|S.P. Jain Institute of Management & Research||Mumbai|
|Symbiosis Centre for Management & Human Resource Development (SCMHRD)||Pune|
|Management Development Institute (MDI)||Gurgaon|
|Mudra Institute of Communications (MICA)||Ahmedabad|
|Narsee Monjee Institute of Management Studies||Mumbai|
|ICFAI Business School||Hyderabad|
|Symbiosis Institute of Business Management||Pune|
|Institute of Management Technology (IMT)||Ghaziabad|
PGP in Foreign Trade: Syllabus and Course Structure
A semester- wise breakup of the course’s syllabus is given here.
|Business Research Methods|
|Corporate Ethics & Governance|
|Fundamentals of International Management|
|Human Resource Management|
|India and World Economy|
|International Business Strategy|
|International Financial Management|
|International Marketing Management|
|International Trade Logistics|
|International Trade Operations & Documentation|
|IT Application in Management-1|
|IT Application in Management-2|
|Legal Aspect of Business|
|Management of Global Sourcing|
|Psychology for Managers|
|Supply Chain Management|
PGP in Foreign Trade: Career Prospects
Successful postgraduates of the course are lucratively hired in various industries, such as Ecommerce industry, Export-Import industries, International trade regulatory bodies, Multinational Companies etc.
Some of the popular avenues open to such graduates are listed below with the corresponding salaries offered for the respective positions.
|Job Position||Job Description||Average Annual Salary in INR|
|Foreign Trade Analyst||Analyzing issues and challenges related to foreign trade and policies.||10,000,00 to 16,000,00|
|Export Manager||Managing the export division.||10,000,00 to 16,000,00|
|Relationship Manager||Maintaining co-ordination between clients and the organization||12,000,00 to 18,000,00|
|Purchasing Specialist||Estimating purchasing potential, analyzing risk||8,000,00 to 14,000,00|
|Trade Compliance and Logistics Manager||Managing logistics and overseeing trade compliance||8,000,00 to 16,000,00|
|Business Development Managers||Estimating growth opportunities in foreign trade.||14,000,00 to 22,000,00|