About Master of Foreign Trade Course:
Master of Foreign Trade is a 2 years Post Graduate program which is divided in four semesters. The time duration of MFT is depend on institute and type of study whether its regular type or part-tine study. For MFT course student need to have a bachelor degree in a related stream like business, economics, or international relation.
During Master of Foreign Trade program student learn about international business, finance, trade laws and regulation, logistics, economics, and marketing. MBA students also take training through case studies, industry-oriented internships and real time projects.
After Master of Foreign Trade Course graduate can pursue their career in trade compliance, international sales and marketing, import/export management, logistics, consulting, and govt. organization.
The average course fees for Masters in Foreign Trade Courses range between INR NR 2,00,000 to INR 10,00,000.
Masters in Foreign Trade Course Admission Process:
Masters in Foreign Trade Quick facts
Highlights for Masters in Foreign Trade program are provided in the table given below:
| Course Level |
Masters |
| Full form |
Masters in Foreign Trade |
| Duration |
2 years |
| Examination type |
Both |
| Eligibility |
Student must have bachelor degree in related field from a recognized university along with 50% marks. |
| Age Limit |
Above 17 years |
| Course fee |
NR 2,00,000 to INR 10,00,000 |
| Average Salary |
INR 3,00,000 to INR 15,00,000 |
| Job Positions |
Import/Export Manager, Trade Compliance Specialist, International Sales Manager, Global Sourcing Manager |
Masters in Foreign Trade Eligibility & Entrance exam
Eligibility Criteria for Master of Foreign Trade Course:
Eligibility for getting admission in Master of Foreign Trade Course may vary from college to college but there are some common criteria of admission is discussed below:
- Student must have a Bachelor degree in a related stream like business, economics, or international relation from a recognized college or university along with minimum 50% aggregate.
- Some reputed college may conduct their own entrance exams or they can accept scores of state and national level entrance exams scores, followed by group discussion and personal interview.
- There are no criteria regarding to age limit, study is beyond the age.
- Some colleges may require work experience before admission this may vary and totally depends on college.
Students who have meeting above criteria are eligible to take admission in the Master of Foreign Trade, student may also have to check with the college official website so they can know more about the exact eligibility criteria.
How to apply for college?
Properly research about the college and also check the eligibility criteria of the college. To apply in particular college student must have to follow given steps:
- Visit to the official website of the college.
- Apply in admission section.
- Fill all the details in admission form like personal details, educational details, entrance exams scores and many more.
- Submit all the necessary documents like photo, signature, personal documents, educational certificates etc.
- Also, check is there any counseling round or not. If college is conducting counseling than apply for it.
- Pay the fees for application Form.
Here given above process is common process it may vary from college to college.
Entrance Exams for Master of Foreign Trade Course:
Top ranking college need entrance exams scores to get admission in college so the candidates have to prepare and give exam before getting admission in college.
Here is the list of some popular entrance exams for Master of Foreign Trade Course is:
|
Entrance Exam
|
Mode of Exam
|
Conducting Body
|
Minimum Cut-off Marks
|
|
CAT
|
Computer-based
|
IIMs
|
Varies by Institution
|
|
XAT
|
Computer-based
|
XLRI
|
Varies by Institution
|
|
GMAT
|
Computer-based
|
GMAC
|
Varies by Institution
|
|
GRE
|
Computer-based
|
ETS
|
Varies by Institution
|
Note: There are also many exams, so to check eligibility, fees, application date for a particular exam student must have to visit to the official website of the exams.
Masters in Foreign Trade Duration & Fees
Master of Foreign Trade Course Duration:
The time period of Master of Foreign Trade is typically 2 years. Its depending on the institution and the mode of study (full-time, part-time or online). A regular or full-time student can complete their course in two years while part-time can take more time.
Master of Foreign Trade Course Fees:
The fee of Master of Foreign Trade is depended on the institute offering the course, the location, and infrastructure of institute. Generally, the fee for Master of Foreign Trade range between INR 2,00,000 to INR 10,00,000 per annum.
Masters in Foreign Trade Jobs,Scope,Salary after course
Scope after Master of Foreign Trade Course:
Pursuing a post graduate degree like Master of Foreign Trade leads to high paying jobs along with gaining advance knowledge in particular field. It is a very demanding degree in India; many of students are passed out in this degree. Master of Foreign Trade graduate person can pursue their career as textile production manager, merchandiser, retail manager, supply chain manager, export-import manager.
Here is the list of some popular job roles after Master of Foreign Trade Course is:
|
Job Role
|
Job Description in One Line
|
Estimated Salary (INR)
|
|
Import/Export Manager
|
Overseeing the logistics and documentation related to international trade transactions
|
4-10 LPA
|
|
Trade Compliance Specialist
|
Ensuring adherence to trade regulations and policies
|
4-8 LPA
|
|
International Sales Manager
|
Developing and executing sales strategies for international markets
|
6-15 LPA
|
|
Global Sourcing Manager
|
Identifying and selecting suppliers from around the world to meet organizational needs
|
6-15 LPA
|
|
Supply Chain Manager
|
Overseeing the movement of goods from suppliers to customers, ensuring cost and time efficiencies
|
6-18 LPA
|
|
Foreign Exchange Manager
|
Managing the organization's foreign exchange operations, mitigating currency risks, and maximizing profits
|
6-12 LPA
|
|
Trade Analyst
|
Analysing international trade data and market trends to inform business decisions
|
3-6 LPA
|
|
International Business Consultant
|
Providing strategic advice to clients on entering and succeeding in global markets
|
5-12 LPA
|
Note: The salary above mentioned may vary from company to company and totally depends on the experience and interview of individual candidate.
Masters in Foreign Trade Top colleges offering course
Top Colleges for Master of Foreign Trade Course:
This is very difficult to choose a good college to study. Many things to mind before getting admission. This is candidate’s choice to get a best suited college for study here is some top colleges to study course. Admission in these colleges is only possible if candidate is fitting in eligibility criteria of admission. The average fees mentioned below may vary for exact information about college, fees, entrance exam scores etc., candidate must have to visit official website of the college.
Here is the list of some top colleges offering Master of Foreign Trade Course is:
|
College/University
|
Location
|
Average Fees per Year (INR)
|
Placement Ratio (%)
|
|
Indian Institute of Foreign Trade (IIFT)
|
New Delhi, Kolkata
|
1,50,000 - 3,50,000
|
90%+
|
|
Symbiosis Institute of International Business (SIIB)
|
Pune
|
8,50,000 - 9,50,000
|
90%+
|
|
Indian Institute of Technology (IIT) Delhi
|
New Delhi
|
90,000 - 1,00,000
|
80%+
|
|
Indian Institute of Management (IIM) Ahmedabad
|
Ahmedabad
|
2,00,000 - 2,50,000
|
90%+
|
|
Foreign Trade Development Centre (FTDC)
|
Kolkata
|
1,00,000 - 1,50,000
|
70%+
|
|
Christ University
|
Bangalore
|
1,00,000 - 1,50,000
|
80%+
|
|
Bharathidasan Institute of Management (BIM)
|
Trichy
|
10,00,000 - 11,00,000
|
90%+
|
Note: The fees and placement ratio may vary, for exact information please visit to the official websites of the particular college.
Al-Falah University
Flame University
AKS University Amicable Knowledge Solution
AMET University AMET- Academy of Maritime Education and Training
Aurora Higher Education & Research Academy
Neotia University
ADYPU Ajeenkya DY Patil University
Amity University Mumbai
