Bachelor of Foreign Trade

Bachelor of Foreign Trade or BFT is an Undergraduate course in Foreign Trade Management. Those who pursue this programme learn a great deal about the movement of services, goods and capital across International territories and borders. 

The importance of this course has increased manifold in the last few decades or so with the advent of globalisation that has made the international borders porous. After completing BFT, the students will be better equipped with the knowledge that affects the global marketplace. 

There are both Government and Private Institutions in the country that offers Bachelor of Foreign Trade programme in both regular mode and distance mode.

Bachelor of Foreign Trade Course Highlights

The students must fulfil the eligibility criteria to be termed fit to apply for Bachelor of Foreign Trade. The Bachelor of Foreign Trade eligibility criteria states that the applicants must be at least 10+2 qualified from a recognised Board/University. Those who have an equivalent educational qualification to the one mentioned above can also apply for Bachelor of Foreign Trade. However, 

• The minimum aggregate score required to apply for the programme may vary from institution to institution

• Some institutions simply select students for the Bachelor of Foreign Trade course on the basis of their merit

• Admission into some institutions may be subject to the applicants clearing the admission-cum-entrance test

Bachelor of Foreign Trade Admission Process

The admission process for Bachelor of Foreign Trade may differ from institution to institution. Some colleges/institutions may take into consideration the aggregate scores of the applicants in their 10+2 qualifying exam for admitting them into the Bachelor of Foreign Trade UG course. Some may have their own entrance exam setup which the applicants have to qualify with the minimum requisite cutoff scores to be eligible to be considered for admission into the Bachelor of Foreign Trade programme. 

The applicants must visit the official site of the colleges or institutions they wish to pursue this course from to know about the admission process before applying.

Who Should Opt for Bachelor of Foreign Trade Course

The Bachelor of Foreign Trade course will suit those students who:

• Are interested in economic activities like commerce, trade, management, industry and other areas related to it

• Wish to teach at the higher levels provided they have a higher degree to prove their mettle 

• Have a keen aptitude for business, excellent communication skills, ability to persuade others, knowledge of foreign languages

• Possess an in-depth understanding of modern business trends, business knowledge of how economy of different country functions etc

The students will be taught the following things as a part of the Bachelor of Foreign Trade syllabus:

• India’s Foreign Trade I

• Basics of International Trade I

• Basics of International Trade II

• Practical

• India’s Foreign Trade II

• Elements of Export Marketing I

• Practicals

• Elements of Export Marketing II

• Exports Finance and Procedure I

• Exports Finance and Procedure II

• Export Logistics I

• Practicals

• Export Documentation and Procedure I

• Export Logistics II

• Practicals

• Export Documentation and Procedure II

• Practicals

Note: In each semester there are two elective papers for those B.A (Pass) students opting for FTM subject. On the basis of two electives, the third paper will be practical

After obtaining a degree in Bachelor of Foreign Trade, the students will find a plethora of job opportunities in varied areas. Some of them are mentioned below:

• Shipping Companies or Corporations

• Banks and Financial Institutions 

• International Finance

• Export Houses

• Transportation Corporations

• Merchandiser

• Marine Insurance Companies

• Directorate General of Foreign Trade

• Transportation Corporations

• State Trading Corporations

• Marine Insurance Companies

• Custom Clearing Houses

• Dry Ports, Ports

The type of jobs which a Bachelor of Foreign Trade degree holder might get is:

• Financial Analyst

• Investments Analyst

• Corporate Analyst

• Business Analyst

• Tax Advisor, Accountant

• Market Analyst

• Marketing Manager

• Budget Analyst

• Investment Banker

• Money Manager

• Operations Manager

• Equity Research Analyst

• Personal Finance Consultant

• Revenue Agent

Higher Studies Options for BFT Graduates

After graduating in BFT, the students can apply for one of the following programmes for higher studies:

• Post Graduate Diploma in Foreign Trade

• M.B.A in Foreign Trade