Globalization has tremendously affected the whole business of foreign trade. Consequently, this has led to more and more MNCs breaking into India for investment purposes. If we term it in simple words, foreign trade is the deal between the two countries. Many know foreign trade as the international, regional or external trade, also.
No country can produce all the goods and services it requires. They are dependent on other countries for importing products and services unavailable, or available in insufficient quantity. Similarly, a state that amply produces goods in its land, can export them, thus setting into motion global trade relations.
The Pre-requisites for Pursuing the Study Program
Individuals having a knack to play with numbers, and attention for details should opt for a bachelor’s degree. Moreover, they would also require excellent communication skills, competent computer skills, and good numerical skills. Also, broad awareness of trade laws, rules, and regulations, et all, go forward to complement these requirements.
Universities these days are offering an MBA in foreign trade. Still, some universities like UPES offers a bachelor’s degree in foreign commerce. Thus, they aim to make the students aware of the fundamentals and importance of foreign trade. Thus, they also strive to prepare students for the challenges of the international business in the Indian Economy.
After pursuing BBA in Foreign Trade from UPES, you can go for the following fields:
- Export Houses
- Third Party Logistics
- Banks and Financial companies
- Multilateral agencies and Consultancies
The course of BBA in foreign trade teaches you to outgrow your current self and grow as an entrepreneur. A degree in BBA prepares you for the real world of business administration and also helps in higher studies like an MBA. Foreign trade is as versatile and diverse as it gets. You learn all about the country trade and gain a wider knowledge in various other diverse fields.
Companies always search for sprogs they can model for their business profile. So, the earlier they bring you on board, the better for both of you.
Also, the cool part is that BBA graduates can pick from a wide range of careers, each paid above the market’s average income.
All the career as mentioned earlier prospects are connected to international business and are well paid. So if you are somebody with intricate knowledge and interest in dealing with international business then apply for a BBA in foreign trade at UPES. The program is aimed to develop an understanding of the fundamentals of foreign trade and its importance in the Indian economy. It will impart knowledge of EXIM policy of India, trade procedures and documentation. In addition; it will provide a comprehensive knowledge of international trade bodies/multilateral agencies and their role/scope in foreign trade.
More Offerings from the University
Apart from foreign trade, the university offers BBA courses in Oil and Gas Marketing Aviation Operations Logistics Management, Financial Analysis and Services Digital Marketing, Auto Marketing Tourism and Hospitality Management Specialisation in Human Resources/Marketing/Operations Management.
You can apply for the courses even before you complete your 12th-grade education if you have scored a minimum of 50% in your class 10th exams.
To know more about the eligibility criteria, admission process, curriculum, fee-structure and success stories of the students in the same field, visit their website.