Hi readers! In this post, we will deal with a vocational training course that is related to import and export management. Here, we will have an in-depth analysis of B.Voc. Import and Export Management course.
Article Overview and Contents
It is a job oriented vocational training program. This program will help you build a good career in import and export management sector.
Here is a quick overview of the academic program –
- Name of the course: B.Voc. Import and Export Management
- Type of course: Bachelor of Vocation
- Duration: 3 years
- Field: Foreign trade
- Eligibility: 12th pass or equivalent qualification
B.Voc. Import and Export Management is a Bachelor’s Degree course. It is an undergraduate level program. Students who have completed 12th class are eligible to pursue this course.
International trade is known to generate huge revenue. This sector is also known to generate ample amount of job and self-employment opportunities. B.Voc. Import and Export Management course will help you build a career in international trade sector.
What’s import and export all about? What’s it like to specialize in this field? Will I get a good job after completing this course? What’s the scope and potential associated with this domain?
You will find answers to these questions in the next section. Here is everything you need to know about this discipline/domain and its prospects –
B.Voc. Import and Export Management: An Introduction
Import and export falls within the boundary of international trade. International trade is the exchange of capital, goods or services across the international borders or territories.
Trade is usually carried out at two levels – domestic and international. Capital, goods, services, other commodities – both domestic and international trade deals with the exchange of these things.
Domestic trade deals with the exchange of goods, services or capital within a country. International trade involves cross-country exchange and transactions.
International trade is much more challenging and difficult when compared to domestic trade. But it contributes to a country’s GDP.
Here are some problems and challenges that are unique to international trade –
- Government policies
- Trade laws
- Judicial system
As I mentioned before, import and export form an integral part of international trade. Let us take a closer look at these terms –
What is import, you may ask. In simple terms, it is the process of bringing goods or services from a foreign country and bringing them into your own country.
What is export, you may ask. It is the process of sending goods and services to another country.
In short, when a product or service is transferred or sold from one country to another, it becomes export for the originating country and import for the receiving country. Minerals, oil, fuel, food, precious stones, jewellery, electronics, services , clothes, currency – these are some of the most traded commodities.
B.Voc. Import and Export Management course will train you in various aspects of import and export management. This course is known to develop skilled import and export professionals in India.
The course is 3 years long. It is an undergraduate level Bachelor’s Degree course. Students who have passed 12th class are eligible to pursue this course. You may also check these courses – MBA in Foreign Trade and Bachelor of Foreign Trade.
B.Voc. Import and Export Management course also offers flexible exit options. Here they are –
- Diploma certificate after completing 1 year
- Advanced Diploma certificate after completing 2 years
- Bachelor’s Degree after completing 3 years
Come, let us take a closer look at the course details. In the next section, you will find details such as – duration, eligibility, colleges, syllabus and more.
Type of course
It is a Bachelor of Vocation course.
The academic program is 3 years long. It has various exit options too (Diploma after 1st year, Advanced Diploma after 2 years and Bachelor’s Degree after 3 years).
Minimum educational qualification required is – completed 12th (Arts, Commerce or Science) from a recognized board.
Here are some of the core subjects present in B.Voc. Import and Export Management curriculum –
- Business communication
- Global trade
- Foreign trade policy
- Exchange control
- Foreign exchange
- Business Ethics
- Pricing and Distribution
- HR management
- Soft skills
- Risk management
- Import export policy
Here are some of the popular colleges offering this course in India –
- Sardar Patel University
- Ahmedabad University
After completing this course, you will get access to different types of job profiles and opportunities. Firms operating in sectors such as – logistics, international trade and supply chain need skilled import and export managers.
Here are some of the prime recruiters –
- Logistics and Supply Chain Management firms
- Shipping Firms
- International Trade firms
- Export and Import Agencies
- Manufacturing firms
- Marketing firms
- IMPEX consultancies
If you are interested in self-employment, you may start your own impex firm, agency or consultancy. You may start your venture on small or medium scale. With time, you may increase the size of your venture.
Starting salary depends upon different factors. Some such notable factors are –
- Job location
- Profile of the employer
- His/her academic performance
- His/her skills and aptitude
- Job profile
On an average, starting salary could be anywhere between 20-40K INR per month. In case of Government job, the salary will be based on designated pay scale and grade.