Senior Content Specialist | Updated On - Jan 12, 2024
The Post Graduate Diploma in Foreign Trade (PGDFT) is a specialised program designed to equip specialists with comprehensive expertise and competencies in global business and trade. This path normally spans one to years and is geared closer to individuals meaning to pursue careers in international exchange and commerce.
The curriculum covers a big selection of topics, which include worldwide advertising, export-import regulations, logistics, trade finance, and regulatory compliance. Students advantage insights into the complexities of the worldwide marketplace, mastering a way to navigate cultural, felony, and economic nuances.
Post Graduate Diploma in Foreign Trade Admission Process
Stage
Action
Tips
Application
Fill online/offline application forms provided by chosen institutes.
Research institutes, compare fee structures, and deadlines.
Entrance Exam (if applicable)
Take the required entrance exam and achieve the cut-off score.
Practice mock tests, familiarize yourself with exam patterns, and stay updated on syllabus changes.
Group Discussion/Personal Interview (if applicable)
Demonstrate strong communication, analytical, and critical thinking skills.
Be well-prepared with current affairs, knowledge of the trade landscape, and relevant case studies.
Final Selection
Merit list based on entrance exam scores, GD/PI performance, and academic records.
Maintain a strong academic record, showcase extracurricular achievements, and highlight relevant skills.
PG Diploma in Foreign Trade Course Eligibility
Educational Background:
Completion of a Bachelor's degree in any discipline from a recognized university is the foundational requirement.
The minimum aggregate score varies between institutes, with most demanding at least 50%, while some may consider lower percentages for reserved categories.
Entrance Exams (Optional):
While not mandatory at all institutes, certain universities require scores in national entrance exams like CAT, MAT, XAT, or GMAT.
These exams assess your quantitative skills, reasoning abilities, and general aptitude, adding weight to your application.
Work Experience:
Although not always a prerequisite, relevant work experience in sectors like import/export, freight forwarding, or logistics can considerably strengthen your profile.
Demonstrating practical knowledge and industry exposure boosts your potential,
Overview: The CAT, conducted by IIMs, is the holy grail for management aspirants, and scores are accepted by various institutes for PGDIFT programs too.
Preparation: Mock tests, previous year papers, and online resources are available. Brush up on your General Awareness, as it carries significant weightage.
PG Diploma in Foreign Trade Syllabus 2024
Syllabus Topic
Brief Description (100 words)
International Trade & Business
Explores the theories, principles, and practices of international trade, including trade policies, government regulations, and global market dynamics.
Import & Export Management
Delves into the intricacies of import and export procedures, documentation, logistics, and risk management.
International Marketing
Equips you with the knowledge and skills to develop and implement effective marketing strategies for international markets, considering cultural differences and consumer behavior.
International Finance & Investment
Understands the nuances of international financial systems, foreign exchange markets, and international investment opportunities.
International Logistics & Supply Chain Management
Provides a comprehensive understanding of global logistics networks, transportation modes, and supply chain management techniques in an international context.
International Law & Contracts
Familiarizes you with the legal framework governing international trade, including contracts, intellectual property rights, and dispute resolution mechanisms.
International Trade Finance
Analyzes various trade finance instruments, such as letters of credit, export credit guarantees, and forfeiting, to facilitate international trade transactions.
Negotiation & Communication Skills
Develops your ability to effectively negotiate with international business partners and communicate clearly across cultural barriers.
Research & Project Management
Equips you with the skills to conduct research on international trade issues and manage projects effectively in a global context.
Elective Courses
Many programs offer a variety of elective courses to specialize in specific areas of interest, such as international trade in specific regions, commodities, or industries.
Top 6 Government Post Graduate Diploma in Foreign Trade Colleges in India with Fee Structure
Tabulated below is the collection of the Top 6 Government Post Graduate Diploma in Foreign Trade Colleges in India with Fee Structure, including their key features.
November - February: Many institutes begin accepting applications during this period. Applications usually close by March/April.
April - June: Entrance exams, if applicable, are typically conducted around this time.
July - August: Shortlisted candidates may be invited for group discussions and/or personal interviews.
September - October: Final selection lists and admission offers are finalized and rolled out.
2. Resources for Research:
Institute Websites: Visit the official websites of your target institutes to check their specific admission deadlines, eligibility criteria, entrance exam requirements, and application procedures.
Official Notification: Most institutes release a detailed notification outlining the admission process for each academic year. Keep an eye out for these notifications around November/December.
Education Portals: Online portals like Collegedunia, Shiksha.com, and Careers360 often provide aggregated information about PGDIFT programs and their admission processes.
3. Start Preparing Early:
Entrance Exams: If you plan to take an entrance exam, begin your preparation well in advance (October/November) to maximize your chances of scoring well.
Academic Records: Organize your academic transcripts, certificates, and other relevant documents to ensure you meet the eligibility criteria.
Work Experience: If relevant, prepare a concise and impactful resume highlighting your work experience in the trade or business domain.
References: Secure strong references from professors, employers, or mentors who can attest to your skills and potential.
Top 10 Post Graduate Diploma in Foreign Trade Colleges in India with Fee Structure
Tabulated below is the collection of the Top 10 Post Graduate Diploma in Foreign Trade Colleges in India with Fee Structure, including their key features.
NMIMS School of International Business (NMIMS SBM)
Mumbai
5-7
PG Diploma in Foreign Trade Course Jobs and Salary
Specialization
Salary Range (INR lacs)
Description
Digital Trade & E-commerce
7-9
Leverage technology to revolutionize how products reach global markets.
International Trade in Services
6-8
Navigate the complexities of service exports, including IT, financial services, and tourism.
Sustainability & Ethical Trade
5-7
Champion responsible trade practices and cater to the growing demand for sustainable products.
Regional Trade & Agreements
6-8
Become an expert in specific trade blocs and agreements, like ASEAN or EU.
Top 7 Private Post Graduate Diploma in Foreign Trade Colleges in India with Fee Structure
Tabulated below is the collection of the Top 7 Private Post Graduate Diploma in Foreign Trade Colleges in India with Fee Structure, including their key features.