Master of Business Administration [MBA] (Foreign Trade)

MBA Foreign Trade: Course Curriculum

MBA Foreign trade course curriculum designed in such a way that a student gets in-depth knowledge of various components of business administration at the international level. In the first year of the course students are taught basic management subjects which are most common to all specialization and in second-year specialized courses which focus on foreign trade are taught in mostly B-schools that offer this course.

The following table shows the most prescribed MBA Foreign Trade course curriculum-

Name of the course Description
English Familiarization with the language, systematically strengthen the use of the language
Financial Accounting Acquaintance with accounting and using it for assessing data
Fundamentals of Foreign Trade Understanding the components of trade
Principles of Microeconomics Basic knowledge of microeconomics
Principles of Business Administration Understanding the issues of export and import and making use of strategies accordingly
Introduction to Computers Basic knowledge of various computer applications
Multinational financial management Assessment and prediction of risks at all levels.
Marketing Management Understanding the market managing process
Business Environment Understanding the political, economic, social and financial environment suitable for business
Principles of Macroeconomics Basic knowledge about inflation and deflation, investment function, monetary and fiscal policies etc.
Business Laws Introduction to business laws regarding the economic policies for Indian business houses working under legal framework
Cost Accounting Fundamental knowledge about cost accounting, cost material, cost labor etc.
Foreign Language Basic grammar and phonetics of a foreign language, mostly French.
India’s Foreign Trade and Policy Understanding India’s position in the international paradigm of business and trade, the role of government in foreign trade
Cross-Cultural Management Understanding the impact of culture on management, trade and global operations
International Trading Blocks and Agreements Understanding the evolution of international business, international strategic alliance, integration between countries etc.
Transnational Marketing Basic marketing concepts, significance of international trade, price objectives etc.
EXIM Financing and Risk Management Insight into export-import payment settlement, shipment management, risks related to foreign trade and assessment of the risks
International Trade Documentation and Procedures Understanding the export and import procedure, data management, global sourcing etc.
International Logistics and Supply Chain Management Insights into logistics management, shipping industry, air transport and supply chain management etc.

Master of Business Administration [MBA] (Foreign Trade) : 5 answered questions

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Ques. Which stream should my sister opt for in BIMTECH Noida for MBA, international business or insurance?

● Top Answer By Tithi Aggrawal on 10 May 23

Ans. First, you should ask your sister which subject, foreign business or insurance management, she is more interested in. It is hard to learn about a subject if you do not have an interest in it, no program can help her get the most learnings out of it. So, help your sister to figure out what area she is interested in. Like if she wants to do business in a foreign, she should do foreign business. Help her learn about insurance if she wants to build her job around it. To be honest, both programs have a lot to offer. BIMTECH, Greater Noida is one of the best places to go to college. For a general idea, we can say that PGDM in Foreign Business (PGDM-IB) will teach her how to deal with foreign issues and do business across all borders. She will learn more than just new ways to do business. When she gets her PGDM in Insurance Business Management (PGDM-IBM), she will learn how to manage finances, be able to plan and control the financial resources of any business and take on more responsibilities like these.Read more
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Ques. What is the scope of MBA in International Business from BIMTECH?

● Top Answer By Meghamollar Roychowdhury on 28 Apr 23

Ans. BIMTECH MBA in International Business is Accredited by AIU, NBA, A+ NAAC, BSIS from EFMD. The course is good and the program includes learnings via case studies, simulations assignments, presentations, and live projects.  By pursuing this program you can train yourself in the areas of marketing, finance, and operations altogether. Meanwhile, the students are also provided with industry experience by providing them the opportunities to go on field trips to seaports and airports. You can learn subjects like foreign trades and foreign languages.Read more
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Ques. Is it worth to do MBA in international business from SIIB Pune?

● Top Answer By Ravi Shankar Singh on 16 Feb 23

Ans. Pursuing an MBA in International Business from SIIB Pune is a worthwhile investment. The institution is considered the second best option after IIFT, New Delhi, and offers a high-quality education with a diverse peer group coming from various backgrounds and parts of the country. International Business courses are particularly valuable as they prepare students for the global nature of business today. With the increasing interconnectivity of the business world, all corporations require a global presence. Therefore, it is recommended to consider SIIB Pune as an institution for MBA in International Business.Read more
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Ques. Which is better for an MBA in international business, Delhi School of Economics or IIFT?

● Top Answer By Jayant Thakur on 27 Feb 23

Ans. It's important to research the institution's alum base, the profiles offered during placement, the corporate competitions won by the business school, and the brands that frequently visit for recruitment when you are considering a suitable college for an MBA in international business.  In terms of IIFT, it is considered a niche college for international business. However, it's important to keep in mind that the competition for admission is very tough compared to the Delhi School of Economics. It's important to keep in mind that DSE and IIFT are not in the same league. It's important for you to conduct your research and weigh your options before making a decision.Read more
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Ques. Which one should I choose from KJ Somaiya- FS, Fore IB and PGDM in GLIM, Gurgaon?

● Top Answer By Suprakash Mitra on 04 Sept 20

Ans. Between KJ Somaiya- FS, FORE IB, and PGDM in GLIM, Gurgaon which one you should choose depends on your perspective and expectation from the MBA degree. Given below is a brief discussion on the programs maintained in the question. KJ Somaiya: KJ Somaiya is considered one of the best MBA institutions. Situated in the finance capital of the country, Mumbai, KJ Somaiya offers excellent placements in the Finance domain. Admission: Students are shortlisted for admission into the MBA in Financial Services program based on their CAT, XAT, CMAT, or GMAT score and the final selection is based on their performance in Group Discussion and Personal Interview. The total course fee is 14.93 lakhs. Placements: According to the placement statistics of 2020 , around97% of students have secured job opportunities. The highest and average salary packages of the institute are 28.50 LPA and 10.08 LPA respectively. The recruiting companies are - Johnson & Johnson, AT&T, Intel, Microsoft, Godrej, etc. Banking & Insurance (31%) and Finance Services (16%) are the top sectors in which students get employed. FORE School of Management - PGDM IB (International Business Management) is a 2 year full time course which aims at preparing students to take up careers in corporate houses and family businesses engaged in International Business Operations. It provides management education in the context of the global business environment. Admission: The prerequisite to take admission to the PGDM IM program is at least 50% in graduation and valid CAT/XAT/GMAT score. The total course fee is 15.9 lakhs. Placements: Major recruiters at the 2019 placement were Asian Paints, HUL, ITC, Nivea, Philips Lighting, Deloitte, Vivo, HSBC, Schneider electric, etc. The BFSI (Banking, Financial Services, and Insurance) sector made the highest offers with a total of 38% offers. The average salary package offered was around 10.8 LPA. Great Lakes Institute of Management, Gurgaon - It is one of the top 5 emerging MBA colleges in Delhi NCR. Admission: For taking admissiona candidate should have a minimum of 50% in their graduation and a valid CAT, GMAT, XAT or CMAT. Placements: The PGDM batch has a 100% placement record. The leading recruiters are Aditya Birla, Axis Bank, Deloitte, Federal Bank, Gartner, Hexaware, ICICI bank, KPMG, NIIT Technologies, SecureNow, etc. The highest and average salary package offered at the institute is respectively 13.6 LPA and 9.15 LPA. BFSI was the top sector with a 41 % placement rate.Read more
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