Post Graduate Diploma in Foreign Trade(PGPFT), is a postgraduate course of 1/2 years, with 2/4 semesters. The course deals with the study of policies of international trade, services, goods, capital exchange, marketing, finance, and Human resource management etc.
To be eligible for PGP in Foreign Trade course you must complete 10+2 level, have a Bachelor's degree with minimum 50% qualifying marks or as per the university's requirements, and a valid score of CAT/MAT/GMAT/XAT/CMAT or any other examination score.
Admissions to this course is generally entrance and merit based, therefore it is essential to appear for the accepted entrance examinations. Some colleges may also conduct a personal interview. The final selection list is decided after the completion of PI/GD, work experience and along other factors.
Some of the top institutes offering this course are Indian Institute of Foreign Trade, Jagdish Seth School of Management, Institute of Management Studies and Symbiosis Institute of International Business. The average course fees ranges from INR 10K to 25 lakhs. The fees of the course differ from institute to institute.
The course curriculum provides a detailed view of the effective practical aspects of the course, enabling the students to understand the process of international import/export and management, costing, pricing, sourcing, distribution, market research, finance, foreign exchange, and documentation, etc.
Course Name | PGP in Foreign Trade |
Full form | Post Graduate Programme in Foreign Trade |
Duration | 1/2 years |
Exam type | Semester/college exam |
Admission Process | Entrance exam/Merit-based |
Average Course Fee | INR 13,60,000 |
Top Recruiters | TCS/IBM/BANKS/Deloitte/Financial Firms/TATA/govt/private etc |
Job Profiles | Business Analyst/Risk Analyst/International marketing manager/CEO/Director/Manager/Research Analyst |
Average Salary | INR 10,50,000 |
Candidates should fulfil the following criteria to be eligible for admission to PGPFT.
The candidate must have completed 10+2 level.
A Bachelor's Degree in any stream with minimum 50% marks(45% for reserved category students). The cutoff percentage can vary according to the college/university.
A valid score of Management entrance exams like CAT/MAT/GMAT/XAT/CMAT etc.
Some colleges also require work experience/business skills/good aptitude in Maths etc.
The final result will be decided upon the candidates' performance in Group discussion/Personal Interview/Written Test etc with the entrance test score and academic performance.
Many business institutes offer admissions to postgraduate diplomas in Foreign Trade based on Entrance exams.These institutes accept any of the entrance exams mentioned below:
CAT (Common Entrance Test) - Common Admission Test is an entrance examination to get admission in Management and MBA courses. The test is conducted by 1st generations of IIMs, working on a rotational basis. The CAT score is valid for one year.
Management Aptitude Test (MAT)- MAT is an entrance test organized by AIMA(All India Management Association). The exam screens candidates for various MBA and Management programmes across the country. The MAT score is also valid in international business schools and is valid for a year.
XAT- Xavier Aptitude Test is a computer-based entrance exam to get admission in PGDM and MBA programmes. The test is organized by XLRI, Jamshedpur, once a year at 72 cities across the country.
GMAT- Graduate Management Admission Test is a computer-based test to get admission in B-Schools all around the world and is owned by GMAC(Graduate Management Admission Council). GMAT score is valid for 5 years. There are no official eligibility criteria to be eligible for the test.
Common Management Admission Test (CMAT)- CMAT is conducted by NTA(National Testing Agency) every year. The exam facilitates admission in AICTE approved colleges/universities/institutions in management or MBA programmes. The exam is an online-based exam of 3 hours.
The admission process for a Post Diploma in Foreign Trade may vary depending on the institution offering the program. However, here's a general outline of what the process might entail:
Research Programs: Start by researching universities, colleges, or institutions that offer Post Diploma programs in Foreign Trade. Look for programs that are reputable, accredited, and offer a curriculum that aligns with your interests and career goals.
Check Eligibility Criteria: Review the eligibility criteria for the program. This may vary depending on the institution but generally includes having completed a diploma or degree in a relevant field such as international business, commerce, economics, or management.
Obtain Application Form: Once you've identified the institution(s) you want to apply to, obtain the application form. This can usually be done online through the institution's website or by contacting their admissions office. Some institutions may provide downloadable application forms while others may require you to request one by mail or in person.
To apply for a Post Diploma in Foreign Trade, you typically need to follow these steps:
Research Programs: Start by researching universities, colleges, or institutions that offer Post Diploma programs in Foreign Trade. Look for programs that are reputable, accredited, and offer a curriculum that aligns with your interests and career goals.
Check Eligibility Criteria: Review the eligibility criteria for the program. This may vary depending on the institution but generally includes having completed a diploma or degree in a relevant field such as international business, commerce, economics, or management.
Obtain Application Form: Once you've identified the institution(s) you want to apply to, obtain the application form. This can usually be done online through the institution's website or by contacting their admissions office. Some institutions may provide downloadable application forms while others may require you to request one by mail or in person.
Managerial Economics Foreign Language Part I International Logistics International Marketing Quantitative methods International Financial Management International Economics (Theory and Practical) | Export and Import Procedure Marketing: Principles and Management India's Export-Import Trade Foreign Exchange Management Commercial Geography Project report and presentation Foreign Language Part II |
The PGP in Foreign Trade has international interests. The curriculum of the course let the students deal with practical aspects of foreign trade.
After the completion of PGP in Foreign, Trade one can pursue higher studies or go for a job.
Many institutions provide PhD in Foreign Trade for advanced research on various aspects of foreign trade/international market.
PhD in Foreign Trade focuses on doing a thorough study/research on the historical aspects/inventing methodologies/creating journals or books etc.
Indian business has undergone a full transformation as a result of globalisation. In contrast to many Indian enterprises setting up shops overseas or engaging in joint ventures, the growth of international commerce in India has naturally attracted more and more multinational corporations to establish operations.
People with experience in international commerce are increasingly needed. Thus, a career in international business has emerged as a profitable alternative with chances for employment throughout the globe for people taking commerce and international business courses. Some of the career options are listed below:
(i).Export Manager: The export manager is responsible for timely product delivery, and interactions with foreign organizations.
(ii).Trade Analyst: A trade analyst is in the role of examining international trade to analyze foreign trade.
(iii).Foreign Trade Officer: A foreign trade officer is a government employee tasked with improving the Indian economy through commerce with other overseas businesses.
(iv).Manager of International Marketing: Promoting a company's goods internationally is the responsibility of a manager of global marketing. Businesses work together with a few groups to market their products to boost sales.
Business Head
Global Project Manager
Policy Analyst
Import/Export Manager
Risk Analyst