Frequent question: What is BCom foreign trade?

What can I do after BCOM foreign trade?

Master’s Courses:

  1. Masters in International Business and Foreign Trade.
  2. Master of Business Administration (MBA) in Foreign Trade.
  3. Master of Commerce (M.Com) in Trades and Services.
  4. MCom/Master of Arts in Foreign Trade Management.
  5. Master of Business Administration in International Business.

What are the subjects in BCOM foreign trade?

Below is the list of some of the subjects taught in the courses of foreign trade:

  • India’s Foreign Trade.
  • Basics of International Trade.
  • Elements of Export Marketing.
  • Exports Finance, Documentation, and Procedure.
  • Export Logistics.
  • Global Business Environment.
  • Accounting for Managers.
  • Managerial Economics.

What is foreign trade in commerce?

Foreign trade is the mutual exchange of services or goods between international regions and borders. There are varieties such as import and export. … Trade relations with other countries offer advantages to all participants: companies gain additional markets, increase their turnover and the number of their jobs.

What are the highest paying jobs in commerce?

Top 15 Highest Salary Jobs for Commerce Students

  • Chartered Accountant (CA)
  • Marketing Manager.
  • Investment Banker.
  • Human Resource Manager.
  • Chartered Financial Analyst (CFA)
  • Certified Public Accountant (CPA)
  • Actuary.
  • Cost Accountant.
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What are the advantages of foreign trade?

Advantages of International Trade: (i) Optimal use of natural resources: International trade helps each country to make optimum use of its natural resources. Each country can concentrate on production of those goods for which its resources are best suited. Wastage of resources is avoided.

Is Bachelor in Foreign Trade Good?

Benefits of Foreign Trade Courses:

It offers you job opportunities in various areas like banking, trade, commerce, accounts, etc. It prepares students for a professional qualification in foreign trade and it provides you a good base in the international business field.

Which BCom course is best?

List of Available Top 5 B.Com Specialisation

  • B.Com (Economics) – Many students like to specialise in economics for their B.Com degree. …
  • B.Com (Accounting & Finance) – …
  • B.Com (Financial Markets) – …
  • B.Com (Banking & Insurance) – …
  • B.Com (Taxation) –

What is foreign trade MBA?

Master of Business Administration Foreign Trade is a professional course of the postgraduate level designed for candidates who choose to work for multinational companies. … The course of MBA in Foreign Trade is an amalgamation of trade, management, marketing, sales, and aspects related to economics and law.

What are the 3 types of foreign trade?

There are three types of international trade: Export Trade, Import Trade and Entrepot Trade.

What are the example of foreign trade?

Among the items commonly traded are consumer goods, such as television sets and clothing; capital goods, such as machinery; and raw materials and food. Other transactions involve services, such as travel services and payments for foreign patents (see service industry).

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What is the purpose of foreign exchange?

The foreign exchange markets play a critical role in facilitating cross-border trade, investment, and financial transactions. These markets allow firms making transactions in foreign currencies to convert the currencies or deposits they have into the currencies or deposits they want.

Why do nations trade?

Nations trade because they gain by doing so. The principle of comparative advantage states that each country should specialize in the goods it can produce most readily and cheaply and trade them for those that other countries can produce most readily and cheaply.