BBA Foreign Trade Latest Updates
BBA Foreign Trade is a 3-year undergraduate degree that focuses on teaching the students about the fundamentals of foreign trade and its importance in the Indian Economy. Foreign Trade mainly deals with the exchange of capital, goods and services across the various international borders. The course gives the students an in-depth knowledge of trade procedures, EXIM policy of India, international trade bodies, multilateral agencies and their role in foreign trade.
The basic eligibility criteria to pursue the course requires candidates having cleared their 10+2 or an equivalent degree from a recognised board. They must have studied the subjects of Accountancy, Economics, Mathematics, Business Studies compulsorily at the 10+2 level. Admissions to BBA Foreign Trade courses are done on the basis of merit as well as entrance exams. Candidates are selected on the weightage of their marks scored in his/her high secondary exam along with the entrance exams. The average course fee for BBA Foreign Trade in India ranges between INR 1,20,000 - INR 5,00,000.
Being a career-oriented course, it opens wide opportunities for the graduates of the course at the completion of their degree. They can find lucrative job opportunities at Export Units, Export Promotion Councils, Trade Regulatory Bodies and MNCs. The graduates can choose to be an Export Manager, Foreign Trade Manager, Global Trade Compliance Advisor, Relationship Manager, and much more. The average salary of these professionals ranges between INR 6 LPA – 10 LPA. Read more: Top BBA Foreign Trade Colleges
The course highlights of BBA Foreign Trade have been listed below. All the necessary information regarding the course are included in the following table:
| Duration | 3 years |
| Eligibility Requirements | 10+2 with 50% marks aggregate marks |
| Admission Process | Mostly Merit-based but some colleges have entrance exams |
| Average Course Fee | INR 1,20,000 - 5,00,000 |
| Job Positions | Foreign Trade Analyst, Export Manager, Relationship Manager, Foreign Trade Manager, etc. |
| Top Recruiters | Export Promotion Councils, Trade Regulatory Bodies, MNCs, Shipping Companies, Engineering Goods Companies, etc. |
| Average Initial Salary | INR 6 LPA – 10 LPA |
BBA Foreign Trade: What is it About?
A brief introduction of the subject has been given below for the reference of the students:
- Foreign Trade involves the exchange of goods, capital and services across various international territories and borders.
- As no country is efficient enough to produce all goods, they might be dependent on some other country for the import of certain goods or services which are unavailable in their own country.
- A country may even export goods which are produced largely in other countries, so as to set the motion for global trade relations.
- The course gives the students an in-depth knowledge of trade procedures, EXIM policy of India, international trade bodies, multilateral agencies and their role in foreign trade.
- The students are introduced to a cumulative hybrid of a number of disciplines through the industry interface which is in terms of export-import organisation, banks and other organisations which have a global business presence.
- The basic aim of the program is to inculcate in the students an understanding of the concepts and processes involved in the operation of international business and its governing forces.
- Being a career-oriented course, it opens wide opportunities for the graduates of the course at the completion of their degree.
Why Study BBA Foreign Trade?
There are a number of reasons due to which students these days wish to study BBA Foreign Trade courses. Some advantages of the course have been mentioned below:
- The students are provided with an in-depth knowledge of trade procedures, EXIM policy of India, international trade bodies, multilateral agencies and their role in foreign trade.
- The students are introduced to a cumulative hybrid of a number of disciplines through the industry interface which is in terms of export-import organisation, banks and other organisations which have a global business presence.
- The basic aim of the program is to inculcate in the students an understanding of the concepts and processes involved in the operation of international business and its governing forces.
- The course is a great choice for the ones who have an interest in the field of economic activities which include trade, commerce, management, industry, etc.
- The course provides the students with a wide range of managerial skills along with building competence in the field.
- The graduates can choose to be an Export Manager, Foreign Trade Manager, Global Trade Compliance Advisor, Relationship Manager, and much more.
- The average initial salary of these professionals ranges between INR 6-10 lacs (approx.)
What is the BBA Foreign Trade Admission Process?
The admission process of BBA Foreign Trade is the same as any other course. Some of the most important points to be remembered while the admissions take place have been mentioned below for reference:
- Students who wish to take admission in BBA Foreign Trade must meet the eligibility criteria for the same.
- Most colleges hold merit-based admissions but some colleges offer admissions based on the entrance exams.
- Some of the most popular entrances conducted for the admissions to the course include SET, GGSIPU CET, AIMA UGAT, etc.
- The students can register themselves for the same either through an online or an offline mode.
- Institutes may also conduct group discussions and personal interviews for selection of the candidates.
How to apply for BBA Foreign Trade?
In India, there are certain colleges which offer the course of BBA Foreign Trade through an entrance based admission. Some tips have been mentioned below for a reference of the students :
- The candidates need to register themselves on the official website and provide all the necessary personal information.
- Fill the online application form available in there.
- The candidates must appear for the exam of the prescribed dates only.
- The results are issued based on the merit of the students which is calculated by the respected university.
What is Eligibility Criteria for BBA Foreign Trade?
A candidate must consider the eligibility criteria as a prerequisite for admission to any course. The eligibility criteria for BBA Foreign Trade is as follows:
- The candidates must possess a 10+2 or an equivalent degree from any recognised institute.
- It is mandatory that they score a minimum of 50% aggregate in the qualifying exams.
- The students must have studied the subjects of Accountancy, Mathematics, Economics, and Business Studies as the compulsory subjects in the higher secondary level.
What are the top BBA Foreign Trade Entrance Exams?
In India, some universities offer admission to the course of BBA Foreign Trade through an entrance based system. The most popular entrance exams conducted in the country for admission to this course are:
- Symbiosis Entrance Test (SET)
- Guru Gobind Singh Indraprastha University Common Entrance Test (GGSIPU CET)
- All India Management Association Undergraduate Aptitude Test(AIMA UGAT)
The admission process usually is based upon the merit of the students in these entrances. The merit lists are issued according to these marks and only those who manage to have their names in the list are eligible for further admission process.
Some important dates of the exams have been mentioned below:
| Exam Name | Application Form | Exam Date |
|---|---|---|
| CUET | 1st week of February – 3rd week of March 2024 | May 15 – 31, 2024 |
| IPU CET | March – May 2024 | May 2024 |
How to Prepare for BBA Foreign Trade Entrance Exams?
If a student wishes to clear the entrance exams of BBA Foreign Trade course, they need to prepare themselves very nicely for that. However, some tips have been mentioned below for the students:
- Beware of the latest exam pattern. This will make it easy to study well for the exam.
- Do have an idea of the latest syllabus for the exam which is available on the official sites.
- Practice all types of questions that might appear. Do not do guesswork if there are negative markings.
- Read the newspaper daily to stay updated about the happenings around the world.
- Practice mock tests before the actual exam to get an idea of how the exam is.
- Revise the prepared topics thoroughly until the final moment.
- Do not opt for fresh topics a day before the actual exam as this might confuse you.
How to get Admission in Top BBA Foreign Trade colleges?
Getting admission into a reputed college is a dream for almost every student. For this, they need to work really hard to get through the hurdles and get into the college. Certain tips have been mentioned below for the reference of the students:
- Prepare well for the counselling, personal interview and group discussions around as they are very important.
- Find out if the college you wish to get in is good enough or not.
- Have an idea of the curriculum of the course in the college.
- Check if the college offers placements as this is a necessary requirement in recent times.
- To find out about the fees structure of the college and check if it matches your requirements or not.
BBA Foreign Trade Syllabus
The syllabus for the course might differ in different colleges. However, the syllabus given below presents an idea of what all subjects are taught in due course of time.
| Semester 1 | Semester 2 |
|---|---|
| Business Accounting | Business Statistics |
| Business Computing | Financial Management |
| Business Communications 1 | Business Economics 2 |
| Business Economics 1 | Business Communications 2 |
| Introduction to Management and Leadership | Organisational Behaviour |
| Business Mathematics | NA |
| Semester 3 | Semester 4 |
| Trade Documentation | World Geography |
| Introduction to Trade Logistics | Major Trade Routes |
| Global Business Management | WTO Agreement |
| Marketing Management | Indian Economy and EXIM Policy |
| International Business | Introduction to Multi-Model Transport Research |
| Managing Trade and Risk in International Business | Overseas Industry Visit |
| Semester 5 | Semester 6 |
| Business Law | Regional Economic Integration |
| Custom Clearance Procedure | World Bank Introduction to International |
| Personal Setting Mercantile Law | Trade Negotiations |
| Business International Trade Finance | Competitive Intelligence |
| Contracts in International Trade | Multilateral Jan vs Regionalism: Roots to Globalisation |
| Methodology and Report Writing | Role of Multilateral Agencies |
The above-mentioned syllabus is subject to vary in different colleges.
BBA Foreign Trade Important Books
Books are the most important part of any study. They help in widening the knowledge of the subject which further helps the students to deal systematically with the issues they might face in the career ahead in the respective field. Some of the most popular books referred by students have been mentioned below for reference:
| Name of the Book | Name of the Author |
|---|---|
| Management of Foreign Trade | T.R.Jain, V.K.Ohri |
| Foundations of International Business | Mukesh Trehan, Ranju Trehan |
| India's Foreign Trade | Gagandeep Khillan |
| Foreign Trade Policy | Arun Goyal |
| Foreign Trade | Dr Khushpat S. Jain |
These are some of the well-known books of BBA Foreign Trade which are often referred by the students to gain explicit knowledge of the subject. However, students can find many more such books related to the subject.
BBA Foreign Trade Top Colleges
In India, there are a number of colleges which are presently offering the course of BBA Foreign Trade. However, the most reputed ones amongst them have been listed below:
| Name of the Institute | Location | Average Course Fee |
|---|---|---|
| University of Petroleum and Energy Studies (UPES) | Dehradun | INR 1,10,00 |
| Christian Eminent College | Indore | INR 21,300 |
| Institute of Business Management and Research | Indore | INR 52,000 |
| Prestige Institute of Management and Research | Indore | INR 37,000 |
| IPS Academy | Indore | INR 26,000 |
| Sanghvi Institute of Management and Science | Indore | INR 70,500 |
BBA Foreign Trade College Comparison
A college comparison helps the students to decide which one would be the best one for them that matches their requirements. The following table presents the college comparison among the top three colleges in India offering the course currently:
| Comparison Parameters | University of Petroleum and Energy Studies (UPES) | Prestige Institute of Management and Research | Christian Eminent College |
|---|---|---|---|
| Overview | The no.1 Private University in Uttarakhand, UPES offers UG, PG and Doctoral Courses under various streams. | One of the best premier management institutes of Madhya Pradesh. The Institute offers various courses like BBA, B.Com, LLB, etc. The Institute is affiliated to Devi Ahilya Vishwavidyalaya. | Established in 1994 and affiliated to Devi Ahilya Vishwavidyalaya, the college offers UG, PG and Diploma courses in different streams with multiple specialisations. |
| Admission Process | Merit-based (Performance in Group Discussions and Personal Interview) | Merit-Based (Counselling) | Merit-based (Performance in Group Discussions and Personal Interview) |
| Average Course Fee | INR 1,10,00 | INR 37,000 | INR 21,300 |
| Area of Location | Dehradun | Indore | Indore |
| Average Initial Salary | INR 8 LPA – 10 LPA | INR 7 LPA – 10 LPA | INR 6 LPA – 8 LPA |
Course Comparison: BBA Foreign Trade vs BBA International Business
A course comparison has been presented below for the students to decide as to which course would be the best one for them to choose. The table includes all the necessary information about the two very related courses.
| Comparison Parameters | BBA Foreign Trade | BBA International Business |
|---|---|---|
| Overview | BBA Foreign Trade is a 3-year undergraduate degree that focuses on teaching the students about the fundamentals of foreign trade and its importance in the Indian Economy. | BBA International Business is a 3-year course of undergraduate level which deals with the study of business and cultural concepts relevant to International Business. |
| Average Course Fee | INR 20,000 - 5,00,000 | INR 50,000 - 5,00,000 |
| Job Positions | Foreign Trade Analyst, Export Manager, Relationship Manager, Foreign Trade Manager, etc. | International Training Manager, International Operations Manager, Global Distributions Manager, etc. |
| Top Recruiters | Export Promotion Councils, Trade Regulatory Bodies, MNCs, Shipping Companies, Engineering Goods Companies, etc. | HDFC, BPO, Amazon, Oracle, ICICI, Airtel, Vodafone, etc. |
| Average Initial Salary | INR 6 LPA – 10 LPA | INR 5 LPA – 10 LPA |
BBA Foreign Trades Job Profiles
Professionals of the course are eligible enough to find worthy job opportunities at reputed organisations in the field of Foreign Trade. The course provides an in-depth study of the subject of Foreign Trade. Being a job-oriented course, it provides lucrative job opportunities to the students who excel in this field. It opens wide opportunities for the graduates of the course at the completion of their degrees.
The most popular professional avenues available for the graduates of BBA Foreign Trade is as follows:
| Job Profile | Job Description | Average Salary |
|---|---|---|
| Export Manager | The work of an export manager involves the planning and coordinating the shipping of goods at an international level. They must also check if the personnel involved in the import and export of goods abides by the governmental rules and regulations. | 8.50 LPA |
| Foreign Trade Analyst | A foreign trade analyst tracks the progress of exchange of goods and services among international borders. They have employment opportunities in both private as well as public sectors since both have an interest in international markets. | 12 LPA |
| Foreign Trade Manager | Their work involves developing foreign trade policies and procedures of an organisation. They must check if the personnel involved in the export and import of these goods are faithful with the governmental rules and regulations | 10 LPA |
| Relationship Manager | They deal with customers so as to advise them about the various banking and financial services offered by the bank. | 9.30 LPA |
| Global Trade Compliance Advisor | Their work involves looking after the issues relating to domestic manufacturers who are involved in the import and export of goods. These professionals create and implement trade policies which are related to international customs regulations, shipping requirements, etc. | 15 LPA |
BBA Foreign Trade Future Scope
The students are introduced to a cumulative hybrid of a number of disciplines through the industry interface which is in terms of export-import organisation, banks and other organisations which have a global business presence.
- Professionals of the course are eligible enough to find worthy job opportunities at reputed organisations in the field of Foreign Trade.
- Being a job-oriented course, it provides lucrative job opportunities to the students who excel in this field.
- They can find lucrative job opportunities at Export Units, Export Promotion Councils, Trade Regulatory Bodies, MNCs, etc.
- Candidates can further pursue an MBA to get better pay or opportunities.
BBA Foreign Trade FAQs
Ques. What is BBA Foreign Trade?
Ques. What is the eligibility criteria for BBA Foreign Trade?
Ques. What is the scope of BBA Foreign Trade?
Ques. What is the average course fee for BBA Foreign Trade?
Ques. What are the employment opportunities available for BBA Foreign Trade graduates?
Ques. What are the main specialisations of the course?
Ques. What is the average initial salary offered to the graduates of the course?
Ques. What are the most popular entrance exams conducted for BBA Foreign Trade?
Ans. The most popular exams are as follows:
- Symbiosis Entrance Test (SET)
- Guru Gobind Singh Indraprastha University Common Entrance Test (GGSIPU CET)
- All India Management Association Undergraduate Aptitude Test(AIMA UGAT)
Ques. What is Foreign Trade about?
Ques. What is the admission process for BBA Foreign Trade?
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