byGaganDeep
Updated on - 23 May, 2024
Foreign Trade Management is an undergraduate course of three years duration, designed to introduce the principles and modes of operations used in handling international trade transactions. Some of the subjects that are taught in the course include; foreign trade policy, export import management, global markets, international logistics, exchange risk management among others. The global business management specialization entails learning about export and import management, logistics, risk management, global markets, and international trade laws.
The entrance tests accepted for admission in B.Com (Foreign Trade Management) are state level and national level tests like CUCET IP exam, BVP BMAT etc. The exam notification is usually released in the month of March April and the exams are held in May June of every year.
| Column Name | Details |
|---|---|
| Full Form | Bachelor of Commerce (Foreign Trade Management) |
| Duration | 3 Years (Full-time) |
| Course Level | Undergraduate |
| Eligibility | 10+2 with a minimum percentage (varies by college) in Commerce/Business Studies stream (preferred). Some colleges might accept other streams with good academic records. |
| Top Colleges (India) | Symbiosis College of Arts and Commerce, Pune, Christ (Deemed University) Bangalore, St. Xavier's College, Mumbai, Shiv Nadar University, Noida, Indian Institute of Foreign Trade (IIFT) (consider for Master's program) |
| Entrance Exam | Merit-based selection or entrance exams specific to the college. SET (Symbiosis Entrance Test) or UGAT (Undergraduate Aptitude Test). |
1. The candidate should have passed 10+2 examination or any other examination recognized by the Central or State Governments as equivalent thereto with not less than 50% marks taken together in the 10+2 examination.
2. Mathematics or Business Mathematics/Statistics/Quantitative Techniques as one of the optional subjects in 10+2.
3. Certain colleges require the candidate to have had English as one of the subjects in the 10+2 final examination.
4. Incase where students did not; get a chance to do so,there is no age limit for taking admission in this course.
5. While some of these colleges have their own entrance examination for the candidates who wish to get admission in the college, there are still some colleges that offer admission based on the merit of the candidates.
6. All students of 10+2 irrespective of the stream ranging from Arts, Commerce or Science can apply for admission in B.Com (Foreign Trade Management) course.
1. CAT – Common Admission Test which is conducted by IIMs to shortlist candidates for management courses for example B.Com
2. CMAT – Common Management Admission Test: this is an AICTE conducted test for admission into management courses in India.
3. XAT – Xavier Aptitude Test is held for admitting students to XLRI as well as other business schools offering B.Com course.
4. NMIMS – Management Programs Admission Test, a common test for admission to all management programs of NMIMS
5. The IIFT – Indian Institute of Foreign Trade entrance examination for taking admission in its B.Com (Foreign Trade) course
| Subject | Important Topics |
|---|---|
| Fundamentals of International Business | Introduction to International Trade, Global Trade Environment, International Trade Theories |
| Export-Import Procedures & Documentation | Export-Import Policies & Regulations, Customs Procedures & Documentation, Foreign Trade Financing |
| International Marketing | Global Marketing Strategies, Market Research for International Business, International Market Entry Strategies |
| International Logistics & Supply Chain Management | Global Transportation & Logistics Systems, Incoterms (International Commercial Terms), Supply Chain Management in International Trade |
| Foreign Exchange Management | Foreign Exchange Markets & Operations, International Payment Methods, Foreign Exchange Risk Management |
| International Trade Law & Regulations | World Trade Organization (WTO) Agreements, Trade Barriers & Measures, Intellectual Property Rights (IPR) in International Trade |
| International Commercial Arbitration & Dispute Settlement | Methods of Dispute Resolution in International Trade, International Arbitration & ADR (Alternative Dispute Resolution) Processes |
| Regional Trade Agreements & Blocs | Free Trade Agreements, Economic Cooperation & Integration (e.g., SAARC, ASEAN) |
| International Business Communication & Negotiation | Cross-Cultural Communication Skills, Business Etiquette in International Trade, Negotiation Strategies |
1. To apply for the post there is no specific qualification required but the candidate must have completed his / her 12th standard in any field with minimum 50% aggregate marks from any recognized board of education.
2. For the teaching profession, aspiring candidates should appear for relevant entrance test like SET/NET/ATMA/XAT.
3. Candidates are required to undergo group discussion and personal interview sessions if they have reached the final five candidates for a particular job.
4. Bring all academic transcripts within the university, make the necessary fee payment to secure a seat.
5. Enrollment can be completed by providing all necessary paperwork documents to the college administration department.
6. In this phase student have to attend the orientation program and join classes for the three-year full time B.Com Foreign Trade Management degree course.
| College Name | Location | Estimated Fee Range (INR/Year) |
|---|---|---|
| Delhi School of Economics (DSE) | Delhi | 20,000 - 40,000 |
| University of Calcutta | Kolkata | 15,000 - 30,000 |
| Sri Venkateswara College | Delhi (affiliated to Delhi University) | 10,000 - 20,000 |
| Mumbai University (affiliated colleges) | Mumbai | 15,000 - 30,000 |
| Gujarat University (affiliated colleges) | Ahmedabad | 10,000 - 25,000 |
| Department of Commerce, Panjab University | Chandigarh | 15,000 - 25,000 |
| The Maharaja Sayajirao University of Baroda | Vadodara | 12,000 - 22,000 |
| Acharya N. G. Ranga Agricultural University (ANGRAU) | Andhra Pradesh | 10,000 - 20,000 |
| Rajiv Gandhi South Indian Institute of Technology (RG SIIIT) | Tamil Nadu | 30,000 - 50,000 |
| College Name | Location | Estimated Fee Range (INR) |
|---|---|---|
| Symbiosis College of Arts and Commerce | Pune | 1,00,000 - 2,00,000 |
| Christ (Deemed University) Bangalore | Bangalore | 75,000 - 1,50,000 |
| St. Xavier's College | Mumbai | 80,000 - 1,20,000 |
| Shiv Nadar University | Noida | 80,000 - 1,20,000 |
| Amity University | Various Campuses | 50,000 - 1,00,000 |
| Indian School of Business & Finance (ISBF) | Mumbai | 70,000 - 1,30,000 |
| Balaji Institute of Management (BIMTECH) | Greater Noida | 65,000 - 1,15,000 |
| KIIT School of Commerce | Bhubaneswar | 50,000 - 1,00,000 |
| UPES (University of Petroleum and Energy Studies) | Dehradun | 60,000 - 1,20,000 |
| Chandigarh University | Chandigarh | 40,000 - 80,000 |
| College Name (City, State) | Average CTC (LPA) |
|---|---|
| Shah and Anchor Kutchhi Business School (Mumbai, Maharashtra) | 5-7 |
| Symbiosis School of Economics & Finance (Pune, Maharashtra) | 6-8 |
| Sri Ram College of Commerce (Delhi) | 5-7 |
| Lady Shri Ram College for Women (Delhi) | 4.5-6.5 |
| Narsee Monjee Institute of Management Studies (Mumbai, Maharashtra) | 6-8 |
| Shiv Nadar School of Management & Entrepreneurship (Delhi NCR) | 5-7 |