BBA in Foreign Trade: Course Details, Eligibility, and Admissions

In today's globalised world, the field of international business and trade has become increasingly important for companies seeking to expand their reach beyond national boundaries. If you have a keen interest in exploring the intricate dynamics of global commerce and wish to pursue a degree that equips you with comprehensive business knowledge,  then a course in foreign trade is best suited for you. Students can pursue a Foreign Trade course in India by opting for a BBA course in Foreign Trade. 

Read this blog to know more about foreign trade course and its scope. 

What is Foreign Trade?

• Foreign trade, also known as international trade, refers to the exchange of goods, services, and capital between different countries or regions across the globe. It plays a crucial role in the global economy, fostering economic interdependence and cooperation among nations. 
• Foreign trade encompasses the import and export of goods and services, creating a platform for countries to engage in commercial transactions. 
• Foreign trade facilitates the globalisation of markets, enabling businesses and consumers to access a broader range of products and services from different corners of the world.
• Foreign trade courses are specialised educational programs designed to provide individuals with in-depth knowledge and skills related to international business and trade. These courses cover various aspects of global commerce, including trade policies, export-import procedures, international marketing, cross-cultural management, and more.

What is BBA in Foreign Trade?

• A BBA in Foreign Trade is a three-year undergraduate degree program designed to provide students with a comprehensive understanding of the complexities and nuances of international business and trade.
• This specialised program focuses on developing the knowledge, skills, and expertise required to navigate the global marketplace and engage in cross-border commercial activities effectively.
• Students can get admission into this BBA course by applying for the BBA entrance exams. Through these exams, students can get admission into some of the best universities including top BBA private colleges.  The average course fees range from ₹20,000 -  ₹5,00,000.
• BBA in Foreign Trade curriculum typically encompasses a wide range of subjects and cultural aspects relevant to conducting business in diverse global environments. 
• Students also gain insights into the legal and regulatory frameworks governing international trade and are exposed to the practical aspects of global commerce.

Syllabus of BBA in Foreign Trade

The syllabus of BBA in Foreign Trade can vary depending on the university or institution offering the program. However, given below are the typical subjects and topics that are commonly covered in the curriculum:

Semester I	Semester II
Business Accounting	Business Statistics
Business Computing	Financial Management
Business Communications 1	Business Economics 2
Business Economics 1	Business Communications 2
Introduction to Management and Leadership	Organisational Behaviour
Business Mathematics	-
Semester III	Semester IV
Trade Documentation	World Geography
Introduction to Trade Logistics	Major Trade Routes
Global Business Management	WTO Agreement
Marketing Management	Indian Economy and EXIM Policy
International Business	Introduction to Multi-Model Transport Research
Managing Trade and Risk in International Business	Overseas Industry Visit
Semester V	Semester VI
Business Law	Regional Economic Integration
Custom Clearance Procedure	World Bank Introduction to International
Personal Setting Mercantile Law	Trade Negotiations
Business International Trade Finance	Competitive Intelligence
Contracts in International Trade	Multilateral Jan vs Regionalism: Roots to Globalisation
Methodology and Report Writing	Role of Multilateral Agencies

Jobs after BBA in Foreign Trade

After completing a BBA in Foreign Trade, graduates can explore various job opportunities. Here are some potential career paths that BBA in Foreign Trade graduates can pursue:

Job Profile	Job Description	Average Salary
International Trade Consultant	You will be responsible for providing expert advice to businesses on navigating foreign markets, export-import regulations, and international trade strategies.	₹22 LPA
International Logistics Manager	You will be responsible for overseeing the efficient movement and distribution of goods across international borders, managing supply chains and coordinating shipping logistics.	₹11 LPA
Global Business Development Specialist	You will be responsible for identifying and establishing business opportunities in foreign markets and building partnerships and collaborations with international companies.	₹10 LPA
Export-Import Manager	You will be responsible for managing the export and import operations of a company, including documentation, logistics, compliance, and customs procedures.	₹6 LPA
International Trade Analyst	You will be responsible for analysing international markets, trade trends, and economic indicators to provide insights and recommendations for businesses engaged in foreign trade.	₹4.8 LPA
Foreign Exchange Analyst	You will be responsible for monitoring and analysing currency exchange rates and managing foreign exchange risks for businesses engaged in international trade.	₹4.2 LPA
International Marketing Executive	You will be responsible for developing and implementing marketing strategies to promote products or services in global markets, considering cultural differences and market demands.	₹3.7 LPA

Top Recruiters after BBA in Foreign Trade

After completing a BBA in Foreign Trade, graduates can find attractive job opportunities with various reputed organisations involved in international business and trade. 

Here are some top recruiters that frequently hire BBA graduates in Foreign Trade:

• Multinational Corporations 
• Export-Import Companies
• International Banks
• Consulting Firms
• Government Agencies
• E-commerce Companies
• International NGOs

Skills Required for Foreign Trade

A career in foreign trade demands a diverse set of skills to navigate the complexities of the global marketplace and succeed in international business transactions. 

Here are some essential skills required for a successful career in foreign trade:

• Cultural Awareness: Understanding and appreciating cultural differences is crucial when dealing with international clients, as it helps in effective communication and relationship-building in diverse business environments.
• Language Proficiency: Being able to communicate in the language of your trading partners can help bridge communication gaps and build trust.
• International Business Knowledge: A solid understanding of international business practices, global economics, trade policies, and market trends is essential for making informed decisions and strategising in the global marketplace.
• Negotiation Skills: Negotiating deals and contracts with international partners requires diplomacy, persuasive communication, and the ability to find mutually beneficial solutions.
• Problem-Solving Skills: Dealing with international trade can present various challenges. Strong problem-solving skills help in finding creative solutions to overcome obstacles.

Future Scope

The future scope for BBA graduates in foreign trade is wide-ranging, with opportunities to work in diverse industries and regions. Your ability to understand and navigate the complexities of the global marketplace, coupled with your acquired skills and knowledge, will make you an attractive candidate for many international business roles. 

After completing a BBA in Foreign Trade, there are several postgraduate courses as well,  that you can consider to further enhance your knowledge and career prospects in the field of international business. Some of them are:

• MBA in International Business
• Master of Science (MSc) in International Trade
• Master of Arts (MA) in International Relations
• Master of Supply Chain Management (MSCM)
• Master of Marketing with an International Marketing focus

About Sunstone

Sunstone is a higher education service provider through which you can apply for a BBA course in reputed colleges. Not only that, with Sunstone by your side, you can become job-ready as there are various advantages provided. Some of the benefits to take into consideration are:

• A capstone project to work on every semester
• 70+ training and development sessions by top recruiters and industry experts
• 50+ guaranteed job interviews with Placement Protection Plan
• Learn from expert guest faculty who are ex-IIMs and IITs
• Helps in building a professional portfolio that improves your chances of getting hired.
• 0-cost EMI option available according to course duration
• If you appear in the Sunstone scholarship test, you can get a scholarship worth ₹10 Cr.