The greatest danger in time of turbulence is not the turbulence, it is to act with yesterday’s strategies and logics Increasing globalization and liberalization of the world economy has seen a rapid increase not only in the growth of the international trade but also in the complex nature of problems posed by sweeping changes in the systems of international business.
The opportunities and challenges presented by the increasing internationalization of business are growing and to manage them successfully the need for the knowledgeable and skilled professionals/managers is assiduously growing. This program, therefore, equip the students with comprehensive knowledge and skills on various aspects of International business including the structure of International trade operations, regulatory guidelines, documentary formalities, shipping documents, packaging, security in international trade, transaction cost , freight forwarding , logistics and role of the other intermediaries etc.
In light of recession in the traditional markets of EU and USA, it becomes important to take an initiative to diversify our export markets and offset the inherent disadvantage for the exporters in emerging markets of Africa, Latin America, Oceania and CIS countries such as credit risks, higher trade costs etc., through appropriate policy instruments. New emerging markets have been given a special focus to enable competitive exports by deputing additional resources under the Market Development Assistance Scheme and Market Access Initiative Scheme.
Further in light of various WTO agreements and initiatives taken by India towards signing of various regional and bilateral trading agreements, it does make sense for Indian exporters to consider diversifying from the traditional markets of USA, EU and Japan etc to new emerging economies including LAC, Africa, ASEAN, Korea and other Asian markets etc.
The primary objective of the program therefore is to build knowledge on the key aspects of export/import management, for participants in different cities across India and in the neighboring countries. Regular evaluation ensures that the participant has, indeed, imbibed both the knowledge and its applications thus enabling them to become the world class professionals and entrepreneurs in the fast changing global environment.
- International Marketing Management
International Marketing Management: conceptual understanding
International Product Decision and Product Adaptation
Entry Mode in Foreign Markets
Choosing appropriate MarketingChannels
Export Pricing Methods
Promotion for Global reach
Social Media/Digital Marketing
Establishing your own brand
- International Trade Operations & Documentation
Getting started in Export-Import
Export Documentation Framework
Export Sales Contract
MEIS Schemes and their relevance with trade documentation: duty drawback, export house schemes, advance authorization…
- India’s Foreign Trade Policy
Understanding trends in India’s Foreign Trade: sector/product/market analysis through tradeflows
Identifying best product for exports
Choosing best export market for your product
Understanding benefits under Foreign Trade Policy
Institutional framework for export promotion
Availing most relevant Export subsidies and incentives for your business: concept of EPZ/FTZ/100% EOU/Duty Remission
Schemes/Duty Exemption Schemes
Business decision based on WTO/Trade agreement parameters,
- International Trade Finance
Organizing Finance for starting export business
Pre Shipment and Post Shipment Finance
Methods of Payments (L/C,UCP)
Instruments of Trade Finance
Currency Risk Management
- Programme Commencement: 27th March, 2021 (Tentative)
- Schedule of Classes: 2.00PM – 6.00 PM on Saturday and 9:00 AM – 6:00 PM on Sunday
- Duration: 4 Months
Graduation degree from recognized University OR Diploma holders with two years of post-diploma work experience.
Programme Fee: Rs.75, 000/- (non-refundable, after admission). SC/ST/PH Candidates: 50% fee concession (as per Govt. guidelines and subject to document verification).
- Last date of applications: 10th March, 2021. Note. Please ensure all details are filled including the E-mail address. Incomplete applications will not be accepted
- Shortlisted applicants will receive admission offer mail between 20th January – 15th March, 2021
- Shortlisted applicants will submit the course fee to IIFT between 20th January – 20th March 2021
Application form can be filled Online via this page.
Mr. Rakesh Kumar Ojha
PH. 011-39147200-05 (Extn-408/422), 011-39147315 (D)
Ms. Richa Dua, Marketing Executive (MDP)
Ph: 011-39147200-05 Ext: 602, Mob: 9650875969
Manager(sports) someone in charge of training an athlete or a teamMore (Definitions, Synonyms, Translation)