India, a big transforming country in the world, encourages every country to do business with it. With the globalization of Indian economy, more and more MNCs coming to India and more and more Indian companies are going for joint ventures abroad. This has resulted enormous scope for foreign trade professional to find jobs. Many MNCs are attracted towards India’s liberalized economic policies. Hence, an education in the field of foreign trade holds an elite place in India.
Consequently, a need for skilled personnel in the stream of international trade is increasing rapidly. Moreover, global career opportunities are also abundant for those pursuing courses in foreign trade and international business.
Most of the universities offer education in international businesses and foreign trade at post graduate level, but still universities like Jamia do offer Bachelor of International Business and Finance (BIBF) at undergraduate level too. Generally for undergraduate courses, the eligibility is 10+2 with 50% marks and for Masters in International Business and foreign trade, the aspirant must be at least a graduate preferably in commerce. Students are selected through entrance examination. Besides most institutes conducts their own tests followed by group discussion and personal interview.
Ability to handle pressure, ability to handle deadlines, excellent communication skills in addition to leadership skills are necessary to be an effective manager in this field.
With India, playing a significant role in international business scenario & tremendous expansion in trade activities, the, job opportunities are plenty in this field. Professionals are employed in buying houses; export units and the international departments of multinational companies across all levels. There is a great demand for Indian professionals. Besides, there is always good scope for those who desire to launch their own export units, but they are advised to gain enough experience before going for such a venture. For those desirous of securing government jobs, there are enormous employment opportunities in regulatory bodies like the STC and the MMTC too.
Over the years, the status of specialized professionals in the field of foreign trade has become very lucrative. Depending on one’s qualification and experience, one can expect to be paid well in this hot career option. As a trainee, one can start with a salary of Rs.8000-Rs.10000. one can command a higher salary as the experiences raises, Generally MNCs and private companies pay higher.
National Institute of Export Management, Contact Information AG, Anandraj Villa, 7, Second Canal Cross Road, Gandhinagar, Adyar, Chennai- 600 020, Phone : 044- 24401521, 044- 24422438 Email : info@niemglobal.com Website : www.niemglobal.com
Indian Institute of Materials Management Contact Information Plot Nos. 102 & 104, Sector - 15, Institutional Area CBD Belapur, Navi Mumbai – 400614 Phone : (022) 2756 5741 (D) 2757 1022 Fax : 2756 5592 Website : www.iimm.org
Indian Institute of International Business Contact Information No: 21, Kumaran Nagar Main Road, Anna Nagar East, Chennai. 600102 Phone : 9444837393, 444755051, 09387614866 E-Mail : iiib_2002@yahoo.co.in Website : www.iiib.net
Indian Institute of Commerce and Trade Contact Information Sapt-Rishi, 5/28 Vikas Nagar Lucknow-226022 Phone : +91-522-2766456, 0522-6545285, 9415101772 E-mail : info@iict.in Website : www.iictindia.com
Indian Institute of Foreign Trade, New Delhi Contact Information IIFT Bhawan, B-21, Qutab Institutional Area New Delhi Phone : +91-11-26965124, 91-11-26965051 Fax : +91-1126853956 Website : www.iift.edu
Indian Institute of Packaging, Mumbai Contact Information E-2 MIDC Area, Andheri East, Post Box No. 9432, Mumbai – 400093 Phone : 91-022-28219803 / 28219469 / 28216751, 28254631 Fax : 28375302, 28328178 Email : sec1@iip-in.com Website : www.iip-in.com
S. P. Jain Institute of Management and Research, Mumbai Contact Information Munshi Nagar, Dadabhai Road, Andheri West, Mumbai - 400 058, India. Tel: +91-22-2623 7454 / 0396 / 2401 Fax : +91-22-26237042 Email : spjicom@spjimr.org Website : www.spjimr.org
Symbiosis Institute of International Business, Pune Contact Information Symbiosis Infotech Campus, Plot No. 15, Rajiv Gandhi Infotech Park, MIDC, Hinjewadi, Pune - 411 057 Maharashtra Phone : 020- 22934314 / 17 / 18 / 19 Fax : 020- 22934316 E-Mail : admissions@mail.siib.ac.in Website : www.siib.ac.in
The Delhi School of Economics, Delhi University Delhi School of Economics University of Delhi Delhi 110007, India Phone : ( 011) 2766 7540, (011) 2766 7725 Ext. 1531 Fax : +91-11-2766 7159 E-Mail : dept@econdse.org Website : www.econdse.org
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