Diploma in International Trade

Course Overview

The Diploma in Event Management (DEM) equips students with skills to plan, organize, and execute events. Covering event planning, budgeting, logistics, and marketing, the program emphasizes practical experience and industry insights, preparing graduates for successful careers in the event industry.

Duration:

1 year (2 semesters)

Syllabus:

The syllabus for the Diploma in International Trade is typically structured over two semesters. Below is a sample outline:

Semester 1:

  1. Introduction to International Trade:

    • Overview of international trade and its importance in the global economy

    • Theories of international trade: Absolute advantage, comparative advantage, etc.

    • Key players in international trade: Governments, businesses, and international organizations

  2. Global Business Environment:

    • Understanding global markets and trade regulations

    • Political, legal, and economic factors influencing international trade

    • International trade policies, trade blocs, and agreements

  3. Export-Import Documentation and Procedures:

    • Understanding documentation involved in export and import processes

    • Key documents: Bill of lading, commercial invoices, export/import licenses

    • Customs procedures and duties

  4. International Marketing and Market Entry Strategies:

    • Marketing strategies for international markets

    • Product adaptation, pricing, distribution, and promotional strategies

    • Market entry modes: Exporting, joint ventures, franchising, and direct investment

Semester 2:

  1. International Trade Finance:

    • Methods of payment in international trade: Letters of credit, advance payments, etc.

    • Currency exchange risk management

    • Trade finance instruments and services provided by banks

  2. Logistics and Supply Chain Management in International Trade:

    • Overview of logistics and supply chain in the context of global trade

    • Shipping, warehousing, and transportation management

    • Supply chain optimization and international logistics challenges

  3. International Trade Laws and Regulations:

    • International trade laws, treaties, and conventions

    • World Trade Organization (WTO) rules and regulations

    • Intellectual property rights in international trade

  4. Project Work/Internship:

    • Practical exposure to international trade through internships or project work in export-import firms

    • Case studies on global trade practices

Average Fees:

  • ₹20,000 to ₹80,000 (varies by institution)

Exams to Attend:

  1. Internal Assessments:

    • Regular assessments through case studies, assignments, and presentations.

  2. Final Semester Examinations:

    • End-of-semester exams that cover theoretical concepts and practical applications.

  3. Professional Certifications (Optional):

    • Certified International Trade Professional (CITP): Offers specialized skills in international trade.

    • Export-Import Certification: Focuses on practical aspects of export and import processes.

  4. Competitive Exams (Optional):

    • Entrance exams for higher studies like MBA in International Business or related fields.

Top 10 Institutions in India:

  1. Indian Institute of Foreign Trade (IIFT), New Delhi

  2. Symbiosis Institute of International Business (SIIB), Pune

  3. Amity International Business School, Noida

  4. Indian School of Business (ISB), Hyderabad

  5. Institute of Management Technology (IMT), Ghaziabad

  6. Narsee Monjee Institute of Management Studies (NMIMS), Mumbai

  7. Xavier School of Management (XLRI), Jamshedpur

  8. Christ University, Bangalore

  9. Madras Christian College, Chennai

  10. SP Jain School of Global Management, Mumbai

Top 10 Institutions in Kerala:

  1. Kerala Institute of Export and International Trade, Kochi

  2. Rajagiri Centre for Business Studies, Kochi

  3. Farook College, Kozhikode

  4. St. Teresa’s College, Ernakulam

  5. Sacred Heart College, Kochi

  6. Albertian Institute of Management, Kochi

  7. Amrita School of Business, Kochi

  8. SCMS School of Business, Kochi

  9. Marian College, Kuttikkanam

  10. MES Asmabi College, Thrissur