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Export Import Management
International trade is one of the hottest industries of the millennium. But this is not a new trade. Globalization of Business has made trading easy. Due to flexible government policies, we can trade across the border. Export Import (Export Import) is the back-bone of Indian economy. Proposed revenue for the current year is Rs.50,000 crore. This is the field in which a student can make his dreams come true. This career is full of opportunities to earn name and fame.
Scope of International Trade
Globalization encourages EXIM business. Each country has to export-import as it is not possible to produce or even manufacture all the goods and services required (at economical cost). With the rapid growth in international trade, various countries offer several highly rewarding job opportunities for individuals - trained in export-import transactions. Some of the sectors that offer numerous opportunities in export management include Trading Houses, Export Department of Companies, Development Authorities & Commodity Boards, Marine Insurance Companies, Export Processing Zones, Export Promotion Councils and Export Oriented Units and so on.
Salary scope
Salary and remunerations are based on one’s skill and performance. This industry requires hard work and excellent communication skills. Being a good Exporter or Importer, fetches excellent profits or remuneration. Starting one’s own business or enterprise can bring back up to 300% profit.
Courses for Export Import Management or International Business
Many institutes offer certification, diploma, graduate and post graduate/ MBA courses . Candidates seeking admission for the Export Import Management courses in India need to pass their 12th standard examination with English as a subject. Students with a bachelor's degree from a recognized university may join management training schemes offered by various institutions.
Admission depends on the performance of the students in the written admission test, personal interview round and group discussion session. The time duration of the courses offered by several institutes varies from 6 months to 3 years.
Course fees
Fee varies across institutes. Premier institutes may charge you a little higher but they provide excellent training and job placements. Even the Government get training classes and courses conducted to increase number of entrepreneur. Few institutes charge Rs.5-8 lac for a 2 year MBA Course while others provide MBA degree or PG Diploma in Rs.3-4 lac only. Government provides extensive training solution @ 2000 to 25000 INR.
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