MBA Foreign Trade: Course Curriculum
MBA Foreign trade course curriculum designed in such a way that a student gets in-depth knowledge of various components of business administration at the international level. In the first year of the course students are taught basic management subjects which are most common to all specialization and in second-year specialized courses which focus on foreign trade are taught in mostly B-schools that offer this course.
The following table shows the most prescribed MBA Foreign Trade course curriculum-
Name of the course | Description |
---|---|
English | Familiarization with the language, systematically strengthen the use of the language |
Financial Accounting | Acquaintance with accounting and using it for assessing data |
Fundamentals of Foreign Trade | Understanding the components of trade |
Principles of Microeconomics | Basic knowledge of microeconomics |
Principles of Business Administration | Understanding the issues of export and import and making use of strategies accordingly |
Introduction to Computers | Basic knowledge of various computer applications |
Multinational financial management | Assessment and prediction of risks at all levels. |
Marketing Management | Understanding the market managing process |
Business Environment | Understanding the political, economic, social and financial environment suitable for business |
Principles of Macroeconomics | Basic knowledge about inflation and deflation, investment function, monetary and fiscal policies etc. |
Business Laws | Introduction to business laws regarding the economic policies for Indian business houses working under legal framework |
Cost Accounting | Fundamental knowledge about cost accounting, cost material, cost labor etc. |
Foreign Language | Basic grammar and phonetics of a foreign language, mostly French. |
India’s Foreign Trade and Policy | Understanding India’s position in the international paradigm of business and trade, the role of government in foreign trade |
Cross-Cultural Management | Understanding the impact of culture on management, trade and global operations |
International Trading Blocks and Agreements | Understanding the evolution of international business, international strategic alliance, integration between countries etc. |
Transnational Marketing | Basic marketing concepts, significance of international trade, price objectives etc. |
EXIM Financing and Risk Management | Insight into export-import payment settlement, shipment management, risks related to foreign trade and assessment of the risks |
International Trade Documentation and Procedures | Understanding the export and import procedure, data management, global sourcing etc. |
International Logistics and Supply Chain Management | Insights into logistics management, shipping industry, air transport and supply chain management etc. |