What is MBA in Import & Export Degree: Course, Subjects, Eligibility, Admission, Scope, Salary, Career

Welcome to the world of global trade and commerce, where an MBA in Import & Export opens doors to a dynamic career full of exciting possibilities. In this simple guide, we will look at every part of doing an MBA in Import & Export, including course details, eligibility, admission steps, career choices, and much more. Whether you are a young business thinker, a student who loves trade, or someone who wants to learn international business, this degree can be your passport to success.

 

MBA in Import & Export Degree – Overview

To begin with, are you ready to join the world of international trade and help the global economy grow? An MBA in Import & Export gives you the right knowledge and skills to manage and improve international business work. This degree also helps you understand trade rules, customs, logistics, and market trends. During the course, you will learn more about cross-border trade, market research, export-import papers, and many other topics. Along with that, the course brings together ideas from business, economics, and law, so you get a full learning experience.

Usually, this MBA program is a postgraduate course that includes classroom lessons, real examples, internships, and industry work. Also, the program length is from 2 to 2.5 years, based on the college and country. In addition, you can study in many ways, such as full-time, part-time, or online, which is great for working students.

Clearly, the value of this degree is very high in today’s global world. It also teaches you how to work in foreign markets, follow customs rules, and understand trade finance and global law. As a result, after finishing the program, you will be ready to work in many areas like shipping, logistics, international marketing, or even begin your own import-export business.

 

MBA in Import & Export Course Objectives

The main goals of an MBA in Import & Export are to:

• First, build a deep understanding of international trade work.

• Then, give students the right skills to handle global logistics and supply chains.

• Also, train future experts to follow customs laws and trade rules.

• In addition, help students think clearly and solve problems in global business.

• Finally, teach how to check market trends and take smart steps in import and export.

 

MBA in Import & Export: Course Highlights

Aspect	Details
Full Form	Master of Business Administration in Import & Export
Course Level	Postgraduate
Course Duration	2 years
Eligibility	Bachelor’s degree in any discipline
Course Fee	From 2 lakhs to 10 lakhs
Examination Type	Semester-wise examination
Admission Process	Entrance exam and/or merit-based
Average Salary After Degree	INR 5 lakhs to INR 30 lakhs per annum
Recruiting Companies After Degree	MNCs, Trading Firms, Shipping Companies, Export-Import Organizations, etc.

 

MBA in Import & Export Course Duration

To begin with, the usual duration of an MBA in Import & Export program is 2 years. However, the exact time may change based on the curriculum and the institute you choose. Most of the time, it is a full-time program, but at the same time, there are also part-time and online options. These are helpful for working people who want to study and work at the same time. So, you can pick what suits you best.

 

MBA in Import & Export Course Eligibility Criteria

Now, to join an MBA in Import & Export, you usually need to meet these eligibility rules:

• First of all, you must have a bachelor’s degree in any subject from a recognized college.

• Also, in some cases, you may need a minimum score, often around 50%, in your degree.

• Besides that, many programs are in English, so you should know the English language well.

• Moreover, some colleges may ask for TOEFL or IELTS scores to check your language skills.

In short, it’s good to check what each college asks for before you apply.

 

MBA in Import & Export Course Admission Process

Now, let us look at the admission process for an MBA in Import & Export. Usually, it includes these main steps:

• Entrance Exam: First, many colleges ask students to take an entrance test. In India, tests like CAT, MAT, XAT, or GMAT may be accepted. These tests check your math skills, language skills, and reasoning skills. So, preparing for these exams is important.

• Application Form: After that, you need to fill out the application form. This form asks for your marksheets, exam scores, and other important documents. Therefore, make sure to keep them ready.

• Group Discussion (GD) and Personal Interview (PI): Next, if you are selected, you may be called for group talks and personal meetings. These help check your speaking skills, thinking ability, and whether you are a good fit for the course. As a result, being confident in these rounds can help a lot.

• Merit-Based Admission: In some colleges, admission is given based on merit. This means your marks, work experience, or other achievements are used to select you. Therefore, having a strong academic record can be helpful.

Even though the steps above are common, each college may have different rules. So, it is always good to check the admission needs of the colleges you like before you apply.

 

Top Entrance Exams For MBA in Import & Export Degree in India

In India, there are many entrance exams that are used for MBA admission, including for Import & Export programs. So, here are some top exams you should know about:

• CAT (Common Admission Test): First of all, CAT is one of the most famous management entrance tests in India. It is accepted by many MBA colleges, even those that offer Import & Export programs.

• MAT (Management Aptitude Test): Next, MAT is held by the All India Management Association (AIMA). It is accepted by many business schools across the country.

• XAT (Xavier Aptitude Test): Also, XAT is conducted by XLRI Jamshedpur. Many colleges that offer special MBA courses accept this test too.

• GMAT (Graduate Management Admission Test): Moreover, GMAT is accepted by several business schools, both in India and in other countries. It is a great choice if you want to study internationally.

• SNAP (Symbiosis National Aptitude Test): Besides that, SNAP is held by Symbiosis International University. It is accepted by Symbiosis MBA colleges.

• CMAT (Common Management Admission Test): Finally, CMAT is run by the National Testing Agency (NTA). It is accepted by AICTE-approved colleges.

Since different colleges accept different exams, it is always good to check which entrance exams are needed. Then, you can prepare well and apply to the right college.

 

MBA in Import & Export Course Fees

Now, let’s talk about the course fees for an MBA in Import & Export. These fees can change based on many things. For example, the country, the college’s name, and how long the program is.

Usually, in India, the fees range between INR 2 lakhs to INR 10 lakhs. On the other hand, for international colleges, the fees can be higher. In most cases, it may be between INR 2 lakhs to INR 10 lakhs, depending on the course time.

Therefore, it is very important to check the fee details of each college before applying. This will help you make the right choice and plan your money well.

 

MBA in Import & Export: Subjects & Syllabus

The subjects and syllabus covered in an MBA in Import & Export program may vary by institute. However, the following is a general overview of the key subjects and topics you’re likely to encounter during your studies:

1. International Trade and Business Environment:
   • Globalization and its impact
   • International business environment
   • Economic policies and trade regulations
2. Export-Import Documentation:
   • Import-export procedures and documentation
   • Customs clearance and regulations
   • Shipping and logistics documentation
3. International Marketing:
   • Market entry strategies
   • International market research
   • Cross-cultural marketing
4. Trade Finance:
   • International finance
   • Letter of credit
   • Risk management in international trade
5. Supply Chain and Logistics Management:
   • Logistics in international trade
   • Inventory management
   • Warehousing and distribution
6. Legal Aspects of International Trade:
   • International trade laws and agreements
   • Trade dispute resolution
   • Intellectual property rights in global trade
7. International Business Strategy:
   • Formulating international business strategies
   • Strategic alliances and collaborations
   • Global market entry tactics
8. Entrepreneurship in International Trade:
   • Starting and managing an import-export business
   • Identifying global business opportunities
   • Business planning for international trade
9. Research Methodology:
   • Data collection and analysis techniques
   • Market research methodologies
   • Project report and thesis writing
10. Internship/Industry Project:
    • Hands-on experience in a relevant organization
    • Real-world application of theoretical knowledge
11. Elective Courses:
    • Depending on the institute, you may have the option to choose from various electives such as e-commerce in international trade, sustainability in global business, or advanced supply chain management.

The syllabus is designed to provide students with a comprehensive understanding of international trade, covering both the theoretical and practical aspects of import and export operations.

 

MBA in Import & Export: Specialization

An MBA in Import & Export can offer many specializations, so you can focus on different parts of international trade. These specializations also help you gain more skills and improve your career options. Let us look at some common ones:

• Global Logistics and Supply Chain Management: This course teaches how to handle supply chains, logistics, and distribution across the world. So, you can work as a supply chain manager, logistics analyst, or procurement expert.

• International Marketing and Trade: This helps you learn how to find market trends, study consumer behavior, and plan marketing strategies. As a result, you can become an international marketing manager or a market research analyst.

• Trade Finance and Risk Management: If you choose this area, you will know how to manage money in trade, use insurance, and check risks. You can then work in banks, finance firms, or advisory companies.

• Customs and Compliance Management: This part focuses on customs rules, legal steps, and trade laws. So, you may work as a compliance officer, trade consultant, or customs agent.

• Entrepreneurship in Import & Export: If you wish to start your own import-export business, this course will teach business planning, entry ideas, and legal rules.

• Sustainable International Business: This option lets you learn about ethical and green trade. You can work in companies that care about the environment and sustainability.

• E-commerce in International Trade: As more trade goes online, this course trains you in digital trade, online sales, and global e-commerce platforms.

So, you should pick a specialization that fits your career goals and your interest. This way, your MBA becomes more useful and enjoyable.

 

Why Studying MBA in Import & Export is Important?

Studying an MBA in Import & Export is very helpful for many good reasons:

• Globalization and International Business: Today, many businesses are working across countries. That is why this MBA helps you work in a global world.

• Cross-Border Expertise: You also learn how to handle trade laws, custom rules, and finance tasks. This gives you a better chance in jobs.

• Versatility: After this MBA, you can work in different areas like shipping, logistics, marketing, or compliance. So, you have many job options.

• Entrepreneurial Opportunities: If you want to start your own business, this degree gives you the right skills to do so.

• Innovation and Sustainability: As trade changes, green and fair trade is becoming more important. This course helps you get ready for such new trends.

• Career Advancement: Many top jobs in big companies need trade knowledge. This MBA can help you get better jobs and salaries.

• Impact on the Economy: People who know import and export also help the country’s economy grow.

• Global Exposure: This degree may also give you chances to travel, meet foreign partners, and grow your global contacts.

So, doing this MBA not only helps your career but also helps you become a part of the world’s trade system.

 

Salary After MBA in Import & Export Course in India

Now let us see the salaries after an MBA in Import & Export. These can change based on your job role, experience, and where you work. Here is a short list:

• Export Manager: If you become an export manager, you may start with INR 5 to 10 lakhs per year. After some years, this can go up to INR 15 lakhs or more.

• Import Manager: The import manager role gives similar pay. You can expect INR 5 to 10 lakhs at first.

• Global Supply Chain Manager: In this job, you may earn INR 6 to 12 lakhs in the beginning. With time, it can go over INR 15 lakhs.

• Trade Finance Manager: This role deals with money and trade. You may earn INR 6 to 10 lakhs to start with. Later, this can grow to INR 15 lakhs or even more.

• Customs Compliance Manager: At first, these managers may earn INR 5 to 8 lakhs. Later, with experience, the salary can reach INR 12 lakhs or above.

• Entrepreneur in Import-Export: As a business owner, your income depends on how well your business does. Some do really well and earn a high profit.

Still, do note that salaries also change by city and industry. Also, global jobs may give better pay and other benefits too.

 

MBA in Import & Export Future Scope in India

The future scope of an MBA in Import & Export in India is quite promising. This is mainly because of India’s growing role in global trade. Moreover, initiatives like “Make in India” and “Digital India” have further expanded the opportunities in the field of international trade. Let’s take a closer look at the key areas driving this growth:

• Government Initiatives: The Indian government is actively working to promote international trade. In fact, they are doing this through various policies, such as simplifying trade regulations, improving logistics infrastructure, and boosting exports.

• E-commerce and Digital Trade: The rise of e-commerce platforms has drastically changed the way businesses trade globally. As a result, professionals skilled in e-commerce and international trade are now in high demand.

• Global Supply Chain Optimization: Companies are constantly looking for ways to improve their supply chain and logistics. Therefore, experts in global supply chain management have become increasingly valuable to businesses.

• Sustainability and Compliance: With sustainability becoming more important, professionals who understand sustainable practices and compliance regulations are now more vital than ever.

• Foreign Trade Zones (FTZs): The creation of foreign trade zones in India has been instrumental in promoting export-focused industries. Consequently, this has increased the need for skilled professionals in these areas.

• Consultancy Services: The role of import-export consultants is also growing as they help companies navigate the complexities of global trade. Therefore, this area of consultancy is expected to expand even further.

• International Business Development: Additionally, professionals specializing in international marketing and trade can look forward to roles in business development and market expansion for Indian companies.

As a result, the demand for professionals with knowledge of international trade is expected to continue growing. This will likely lead to more opportunities across various sectors.

 

Career or Job Opportunities after MBA in Import & Export Degree

An MBA in Import & Export opens doors to many career options. Here are some of the top roles you can consider:

• Export Manager: Export managers are responsible for overseeing the export operations of a company. They ensure that international trade regulations are followed and manage logistics. Export managers can work with export-oriented companies, manufacturers, or trading firms. Typically, the salary starts at INR 5 lakhs to INR 10 lakhs per annum.

• Import Manager: Import managers handle the importing process, including customs clearance, documentation, and managing the supply chain. They usually earn between INR 5 lakhs to INR 10 lakhs per annum, similar to export managers.

• Global Supply Chain Manager: These managers focus on optimizing supply chain operations globally, ensuring efficient logistics and on-time deliveries. Global supply chain managers can expect salaries ranging from INR 6 lakhs to INR 12 lakhs per annum.

• Trade Finance Manager: Trade finance managers oversee financial transactions in international trade. They handle tasks such as letters of credit, trade credit insurance, and risk management. Their salaries typically range from INR 6 lakhs to INR 10 lakhs per annum.

• Customs Compliance Manager: Customs compliance managers ensure companies follow customs and trade regulations, keeping the necessary documentation and minimizing risks. Their salaries range from INR 5 lakhs to INR 8 lakhs per annum.

In addition to these roles, there are other opportunities in fields such as international marketing, entrepreneurship, consultancy, and research. Furthermore, government agencies and trade associations also offer job prospects for MBA graduates in Import & Export.

 

Top Companies Hiring MBA in Import & Export Graduates

Several top companies hire MBA graduates in Import & Export. Some of these include:

• DHL: As a global leader in logistics, DHL regularly hires import-export specialists and supply chain professionals.

• Maersk: Maersk, a major shipping company, offers numerous roles in global trade and supply chain management.

• FedEx: FedEx, known for courier services, hires professionals in international logistics.

• CMA CGM: As one of the largest container shipping companies, CMA CGM offers job opportunities in shipping, logistics, and trade.

• TATA International: A part of the TATA Group, this company is involved in export-import activities across different industries.

• DP World: A global port operator, DP World provides various roles in logistics and port management.

• UPS: UPS, a major logistics company, recruits professionals in international trade and logistics.

• Schenker India: Part of the DB Schenker Group, this company offers numerous job opportunities in logistics and supply chain management.

• Agility: Agility, a logistics company, provides services in global freight forwarding and supply chain solutions.

• Reliance Industries Limited: A large conglomerate, Reliance offers opportunities in international trade and logistics within its diverse businesses.

These companies offer various job positions for MBA graduates in Import & Export. Your choice of company will depend on your interests, career goals, and the specialization you pursue within the field.

 

Required Skills for MBA in Import & Export Course

To excel in an MBA in Import & Export, it’s important to have a specific set of skills. These skills will help you deal with the challenges of international trade. Therefore, here are some key skills that are essential for success:

• Analytical Skills: You need to analyze market trends, financial data, and trade regulations. As a result, strong analytical abilities are crucial to make informed decisions.

• Communication Skills: Effective communication is very important, especially when dealing with international clients, partners, and government authorities. In addition, it ensures that everyone is on the same page.

• Problem-Solving: International trade often presents complex challenges. Thus, to overcome these, you must be creative and quick at finding solutions.

• Cultural Awareness: Understanding cultural differences and international business etiquette is very important. Consequently, this helps build better relationships with people from different countries.

• Logistics Management: Knowing how to manage logistics and supply chains is essential. For example, it ensures smooth operations and timely deliveries.

• Trade Finance Expertise: You need to be familiar with trade finance, including letters of credit and risk management. This knowledge helps in handling financial transactions smoothly.

• Customs Compliance: Understanding customs regulations is vital. This ensures that cross-border transactions go smoothly without any legal issues.

• International Marketing: Knowing how to market products globally is a big part of international trade. By understanding global market research, cross-cultural marketing, and international branding, you will gain a competitive edge.

• Ethical Practices: Lastly, embracing ethical and sustainable business practices is increasingly important. As a result, businesses that follow ethical guidelines are more respected and successful.

These skills will not only help you during your MBA program, but they will also give you a strong foundation for a successful career in international trade.

 

Certificate Courses after MBA in Import & Export Degree

Once you’ve completed your MBA in Import & Export, you can improve your knowledge further with specialized certificate courses. These courses focus on key aspects of international trade. Therefore, here are some useful courses to consider:

• Certificate in International Trade: This course provides a deeper understanding of international trade practices, trade finance, and market entry strategies. In fact, it’s perfect for those who want to specialize in global business.

• Certificate in Supply Chain Management: This course focuses on logistics, inventory management, and global supply chain optimization. If you’re interested in the supply chain part, this course is ideal for you.

• Certificate in Customs Compliance: This course will improve your knowledge of customs regulations and trade laws. As a result, it helps you understand how to manage cross-border transactions.

• Certificate in Sustainable Business Practices: With sustainability becoming more important, this course teaches you how to incorporate ethical and sustainable business practices in trade.

• Certificate in International Marketing: If you want to specialize in marketing, this course focuses on global market research, cross-cultural marketing, and international branding.

• Certificate in E-commerce in International Trade: Given the growth of e-commerce, this course teaches you how to manage online trade platforms and digital marketing strategies for global markets.

These certificate courses offer flexibility, allowing you to specialize in areas that match your career goals. Moreover, they will help you stay updated with the emerging trends in international trade.

 

MBA in Import & Export or MBA in International Business Management, Which is Better?

Both an MBA in Import & Export and an MBA in International Business Management offer valuable skills and expertise for a career in international trade. The choice between them depends on your career goals and interests. Here’s a comparison:

MBA in Import & Export:

• Focuses specifically on import and export operations.
• Provides in-depth knowledge of trade regulations, logistics, customs compliance, and trade finance.
• Ideal for individuals who want to specialize in cross-border trade, customs procedures, and logistics.
• Suitable for those aspiring to work in roles like export managers, import managers, customs compliance officers, and trade finance managers.

MBA in International Business Management

• Offers a broader perspective on international business, including import-export, global marketing, international finance, and global strategy.
• Suitable for professionals interested in diverse international business functions beyond just import and export.
• Provides a wide range of career opportunities in international marketing, business development, market research, international finance, and strategic management.
• Offers flexibility to work in various sectors, including manufacturing, services, and multinational corporations.

Read More: What is MBA International Business Degree: Course, Subjects, Eligibility, Admission, Scope, Salary, Career, Job Opportunities, and More

The choice between the two depends on your career aspirations and whether you want to specialize in import-export operations or explore a broader range of international business functions.

 

How to Choose a Top MBA in Import & Export College?

Choosing the right college for your MBA in Import & Export is very important. It can have a big impact on both your education and future career. Therefore, when selecting a college, you should consider the following factors:

• Accreditation: First, make sure the college is accredited by relevant educational authorities. This is important because accredited institutions usually provide a higher quality of education.

• Faculty Expertise: Next, research the qualifications and experience of the faculty members in the International Trade department. In fact, experienced faculty members can offer valuable insights and guidance.

• Course Curriculum: It’s also crucial to evaluate the course curriculum and syllabus. The syllabus should cover a wide range of subjects that are relevant to international trade.

• Industry Connections: Moreover, colleges with strong industry connections can give you better opportunities for internships and job placements. These connections are often helpful when entering the field.

• Specializations: Check if the college offers specializations that match your career goals, such as global logistics, international marketing, or trade finance. Having the right specialization will help you focus on areas that interest you most.

• Location: Consider the location of the college. For example, being close to major trade hubs or ports can be helpful for networking and finding internships.

• Placement Records: Examine the college’s placement records, particularly for roles in import-export and international trade. This will give you an idea of how well the college helps students land jobs.

• Cost and Scholarships: Finally, evaluate the cost of the program and check if there are scholarships or financial aid available to help with expenses.

To make the right decision, it’s important to conduct thorough research. If possible, visit the campuses and speak with current students and alumni. This will help you gather insights and make an informed choice about your future.

 

Top Colleges for MBA in Import & Export Degree in India

Here are some of the top colleges in India known for offering quality MBA programs in Import & Export:

• Indian Institute of Foreign Trade (IIFT), Delhi & Kolkata
  IIFT is one of the best colleges for MBA in International Business, and it also covers Import & Export Management. Moreover, it is known for excellent training and good placement opportunities.

• Symbiosis Institute of International Business (SIIB), Pune
  SIIB offers an MBA in International Business, and it also includes Import & Export Management. In addition, it has a strong network and very good industry exposure.

• Narsee Monjee Institute of Management Studies (NMIMS), Mumbai
  NMIMS offers an MBA with a focus on International Business and Import & Export Management. Also, the college provides excellent infrastructure and well-trained faculty.

• Institute of Management and Technology (IMT), Ghaziabad
  IMT offers an MBA program in International Business, and it also teaches Import & Export Management. Besides that, the college has a great name and a strong placement record.

• Tata Institute of Social Sciences (TISS), Mumbai
  TISS offers an MBA in International Business, and it also focuses on Import & Export Management. Furthermore, it has strong links with companies for internships and jobs.

• Amity University, Noida
  Amity University gives an MBA in International Business, and it also puts special focus on Import & Export Management. Along with that, it offers many courses to help students get ready for global trade.

• Shiv Nadar University, Greater Noida
  Shiv Nadar University offers an MBA in International Business, and it also teaches the basics of Import & Export Management. Also, the college gives students a chance to meet and learn from industry experts.

 

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Key Takeaway

 In conclusion, pursuing an MBA in Import & Export opens doors to a world of opportunities in international trade. This specialized degree equips you with the knowledge and skills necessary for a successful career in cross-border operations, whether you choose to work as an export manager, import manager, supply chain specialist, or delve into the world of entrepreneurship. The field of international trade is dynamic and offers the potential for high earning potential and personal satisfaction. With the right education and commitment, you can become a key player in the global marketplace, contributing to the growth and stability of your country’s economy while enjoying a fulfilling and rewarding career.