What is foreign trade in MBA?
MBA in Foreign Trade is a highly reputed and demanding post-graduation program covering global business and in-depth information about national treaties or economic guidelines. Students can understand several international trade-related theories, trade regulations & policies, and international supply chain management.
Is an MBA in foreign trade worth it?
Yes, it is worth it and offers 2 2-year post-graduation program but, it will also depend on the goal, career prospects, and interest. Using an MBA in Foreign Trade, the student can grab global opportunities in several industries such as logistics, import-export, global trade, international financial advisors, and many more. Due to the Foreign aspects, students will get reputed and best-grade jobs with handsome salaries.
What is the salary after MBA in foreign trade?
If someone has completed their course an MBA in foreign trade the salary will depend on various things such as college, industry, location, job or designation, experience, and many more things. Here students may see the basic overview of the salary structure from entry-level to senior-level job positions:
- Basic or starting salary range up to 55000 US dollars to 80000 US dollars per year. (Logistics)
- Starting salary up to 60000 US dollars to 85 US dollars per year (Global Supply chain management)
- Mid-level salary ranges from 80000 US dollars to 110000 US dollars per year (International BDM)
Who is eligible for MBA in foreign trade?
The admissibility criteria for an MBA in Foreign trade are different and it will also depend on various factors such as:
- candidates must widespread their undergraduate or bachelor's degree from a recognized or authorized college or university.
- The bachelor's degree background must be in commerce, finance, business, or economics. (It will give the additional advantages)
- Students must try to complete their bachelor's degree or undergraduate program with good marks or scores or percentages.
- Students must appear in entrance exams such as the Graduate Management Admission Test (GMAT), Common Admission Test (CAT) (Some colleges or institutes will accept the CAT exam but, it is only for the Indian MBA program), or Graduate Record Examination (GRE).
- After appearing in the exam, the student must complete their entrance test with a good score.
- Student needs to prepare for the interview because various interviews will take the personal interview for this course. Before appearing for the personal interview, the student needs to prepare their professional profile or resume.