Increasing globalization and liberalization of several economies around the world has made international markets more accessible. To scale and grow international trade, the need for operations professionals with strong managerial traits and skills have risen significantly. Hence, the Master in Business Administration in foreign trade or MBA in foreign trade has gained popularity in the job market due to the lucrative salary packages and career benefits it offers.
Due to the technological infrastructure of this time and age, several corporations are going global right from their inception and hence, need to integrate global thinking into their strategies, supplies and production processes. In this age of globalization, it’s important that businesses remain open to economic reforms, foreign trade policies and other economic factors that may impact global trade. Therefore, companies are on the lookout for individuals with an MBA that specialises in foreign trade to manage and steer organizations through various economic periods.
In this article, we will tell you what MBA in foreign trade is, which colleges offer this degree in India and abroad, what salary you will be paid annually and more.
What is an MBA in Foreign Trade?
MBA in Foreign Trade is an advanced business degree program that deals with subjects related to purchasing, logistics, international advertising, globalization and sustainability. It also incorporates learning strategies for improving the company’s profitability by taking advantage of outsourcing, importing materials and exporting finished goods. It makes students familiar with comprehensive and competitive business operations between various companies located in different countries and across geographical regions.
MBA in Foreign Trade Colleges in India
An MBA in foreign trade is offered as a 2-year full-time MBA or PGDM course in India. The programme fee ranges between 1 to 14 lakhs. We’ve compiled a list of colleges in India that offer an MBA in foreign trade programme.
Here is a list of business schools and colleges that offer MBA in foreign trade in India:
- Xavier Institute of Management
- Birla Institute of Management Technology
- Lovely Professional University
- Banaras Hindu University
- Shri Krishna University
- Chandigarh University
- MICA The School of Ideas
- Medi-Caps University
- Hindustan Institute of Technology and Science
List of Colleges that Offer MBA in Foreign Trade Abroad
Although different institutions may have different names like MBA in Import and Export, MBA in International Business, and many others, the course and curriculum is more or less the same. The programme could be taught as a full-time degree course or online. Below is the list of colleges that offer the similar degree course with the different program name.
|IPAG BUSINESS SCHOOL||MBA In International Business||France, Paris|
|UNIVERSITY OF HAIFA, INTERNATIONAL SCHOOL||Global Green MBA||Israel, Haifa|
|UNIVERSITY OF SOUTH AUSTRALIA||International MBA||Australia|
|ISCID-CO: INSTITUT SUPRIEUR DE COMMERCE INTERNATIONAL DE DUNKERQUE – CTE D’OPALE||MBA Commerce Et Management L’International||France|
|CEFAM – CENTRE D’TUDES FRANCO-AMÃRICAIN DE MANAGEMENT||MBA In International Trade||France Lyon|
|WEBSTER UNIVERSITY SCHOOL OF BUSINESS AND TECHNOLOGY||MBA Certificate In Global Commerce||USA , Saint Louis|
MBA in Foreign Trade – Career Opportunities
After graduating with an MBA in foreign trade, the following profiles are for you.
- Export-Import Manager / Foreign Trade Manager
- Merchandise Manager
- International Finance Officer
- Exim Executive Officer
- International Business Development Manager
- Exim Documentation Executive
- CHA Manage
MBA in Foreign Trade Salary
According to payscale.com, after the completion of your degree, the salary mentioned below is what you are likely to get yearly.
|Job Title||National Salary Data|
|Business Development Manager||$65,040 – $162,188|
|Marketing Manager||$44,385 – $128,195|
|Business Development Director||$96,958 – $192,309|
|Operations Manager||$52,994 – $123,646|
|Project Manager, (Unspecified Type / General)||$54,117 – $104,740|
|Vice President (VP), Business Development||$72,985 – $221,923|
|Director Of Operations||$36,492 – $177,500|
Now that we have given you a list of colleges that offer MBA in foreign trade, both in India and abroad, the decision of choosing one of the best might be easier.