MFT: Course Details, Eligibility, Admission, Fees

Kripal Thapa

MFT or Master of Foreign Trade is a two-year postgraduate program that deals with gaining knowledge of innovative and creative aspects related to international trade and practices. MFT course aims to provide comprehensive knowledge of operations, finance, export-import management, and supply chain management among other topics, that is deeply embedded in the MFT curriculum.

About MFT Course

MFT full form is Master of Foreign Trade, which combines a theoretical and practical understanding of foreign trade management and application in various fields. MFT duration is of two years. MFT course is designed to provide students with the intricate and advanced knowledge required in the field of foreign trade and practices. After completing the course, the MFT job scope for candidates is across various areas such as banking, logistics, supply chain, business consultancy, etc.

MFT Course Eligibility 

MFT eligibility includes graduating with a minimum aggregate of 50% or above or an equivalent CGPA and holding a degree in any field from an accredited institution. Students must pass the common entrance tests in addition to completing the standard MFT eligibility standards. There is no upper age limit for enrollment in this programme.

Who Should Pursue MFT Course? 

Candidates who have a degree from an accredited university may enroll in the MFT program. Students with a keen interest in foreign trade and practices, involving logistics, finance, operations, etc.

When To Do an MFT Course?

Although the course can be pursued after earning a bachelor's degree with qualifying CAT, XAT, IIFT, etc. entrance exams.

How To Get Admission for an MFT Course? 

Whether a candidate is admitted to the MFT program in full or in part depends on how well they perform on the qualifying exam. A graduate degree and strong exam results are the minimum prerequisites for candidates to be eligible for the MFT program.

For MFT admission candidates must take entrance examinations like the CAT, GMAT, MAT, etc, and achieve a score over the cut-off in order to enroll in an MFT program.

How to Apply?

Students must go to the official websites of the colleges they intend to attend in order to begin the application process. By visiting the college admission office and submitting their application along with any relevant papers, students can also enroll offline.

Selection Process

The selection process for MFT admission programs can be done either via merit-based or entrance-based methods. Based on their academic performance, having graduated with at least 50 percent in any field from an accredited institution. 

To get selected, applicants must pass an entrance exam like the CAT, MAT, GMAT, etc. Applicants are then qualified for the subsequent round of admission.

Types of MFT Courses

Both full-time and part-time options are available to aspirants for the course. The several type of MFT course details are given below:

Full-Time MFT

Full-Time MFT is a two-year postgraduate course divided into four semesters. Practical experience is connected with academic information in this subject. Students must attend regular class sessions. It has the benefit of allowing students to enhance their learning curve and receive considerably more exposure and experience.

Part-Time MFT

A part-time MFT is a two-year course. Professionals who are currently employed and unable to take time off for full-time study can benefit greatly from the part-time MFT program. 

Distance MFT 

MFT Distance Education in India is a two-year postgraduate correspondence program for those who cannot attend regular sessions. Master of Foreign Trade in India through distance learning is offered by a number of colleges and universities, such as IGNOU.

Popular Entrance Exams for MFT

For admission to the MFT program, several institutes in India have entrance exams. The entrance exams can be divided into three levels: national, state, and individual institutes. Some of the most popular tests for MFT course are listed below:

A Quick Glance at the MFT Entrance Exams

The admission procedure for a Master of Foreign Trade can be conducted on the basis of entrance exams or merit. The following key points are listed to provide a quick overview of the structure of entrance exams:

• The question paper will contain 100 questions divided into three sections.
• The test formats include portions on verbal ability and literary comprehension, data interpretation & logical thinking, and quantitative aptitude.
• The exam will be conducted either offline, online, or on paper with OMR sheets with a duration of 3 hours. 
• The syllabus, examination process, and question format may change according to the required demand as per the university.

Top 10 MFT Colleges in India 

Master of Foreign Trade in India is an emerging course. It offers candidates many opportunities to ensure that all business operations are carried out and appropriate compliance is achieved. The following is a list of the top 10 best colleges for a Master of Foreign Trade course in India: 

Top MFT Colleges in Mumbai

The colleges that offer Master of Foreign Trade in Mumbai are listed below:

Top MFT Colleges in Delhi

The colleges that offer a Master of Foreign Trade course in Delhi are listed below:

Top MFT Colleges in Pune

Check the table below for the best colleges that offer a Master of Foreign Trade course in Pune:

Top MFT Colleges in Bangalore 

The colleges in Bangalore that offer a Master of Foreign Trade course are listed below:

Top MFT Private Colleges

India has experienced a significant increase in the number of private universities that provide some of the best programs that offer Master of Foreign Trade. The following is a list of private colleges that offer an MFT course:

Top MFT Government Colleges 

There are various government colleges that offer Master of foreign trade course in India. The colleges are listed below:

Fee Structure for MFT

The MFT course fee is not fixed and depends on many factors. Location, faculty, demand, infrastructure, and the facilities accessible to the students are a few of the elements that influence MFT fees. The average Master of the foreign trade course fee in India is around INR 10,000- 12 LPA.

Syllabus and Subjects for MFT 

The MFT course duration is two-year that is bifurcated into four semesters. The MFT syllabus is created in a way that helps the students accelerate their learning and achieve professional success. The following are some of the topics that students enrolled in this course study and have the opportunity to practice:

• Financial Management
• India’s FT Trends prospects & strategies
• MFT Law
• Export- Import Management
• Global Business Environment

Read More: MFT Syllabus and Subjects

Why Choose MFT Course? 

Before deciding on any field of study, it is important to understand a few aspects related to it, such as “What is MFT course?", "What is the future scope after MFT?" Etc. The brief responses that are provided below will help students develop a thorough knowledge of the course.

What is MFT All About?

Master of Foreign Trade is a two-year postgraduate program, which is divided into four semesters, improves comprehension of original and creative approaches to practices and procedures in global trade. The course offers knowledge about various concepts of foreign trade management and their application in different fields such as import-export companies, supply chain management, foreign trade policy, logistics, etc.

What Does an MFT Graduate Do?

With the MFT course, there are several professions where building a successful career offers good opportunities. MFT graduates are hired in a variety of industries, where they are expected to rationally link all aspects of foreign trade with business processes.

Foreign Trade Analyst: They carry out tasks like interpreting laws governing international trade for various nations and evaluating company risk in connection with import and export business transactions.

Reasons Why an MFT Course Can Fetch You a Rewarding Career?

Students can gauge the intrinsic worth of an MFT course because it offers a wide variety of employment opportunities, from foreign trade analysts to market research executives. The scope of an MFT is combined with good opportunities and increasing potential.

• Demand: According to the current dynamics, there has been an increased need for new courses, and MFT is one of them. Students who want to do the MFT course will be able to choose from a number of positions in esteemed companies both domestically and internationally.
• Career Growth: MFT graduates can choose from a variety of positions, such as global trade manager, business development manager, professor, foreign trade analyst, etc. After learning and enhancing foreign trade management expertise, candidates can excel in their careers.

Read More: MFT Jobs & Scope

MFT Course Comparison

The MFT full form is Master of Foreign Trade, and it is typically geared toward students who are interested in aspects of import-export global trade, including foreign trade policy, logistics operations, etc. Below is a course comparison of the MFT course details with other courses:

MFT vs MBA in Foreign Trade

The table below showcases the differences between MFT and MBA in foreign trade:

Read More: MBA in Foreign Trade

Preparation Tips for MFT Course

A number of important factors should be taken into account by students before deciding whether to pursue a Master of Foreign Trade course. By applying the following list of crucial study advice, students can be successful in their studies and pass the course and exams:

• Syllabus Completion: The student is required to understand the course syllabus in its entirety. The preparation process begins with this important initial step.
• Exam Format: Understand the format of the exam and the kinds of questions that are typically asked. The likelihood of the kids receiving multiple-choice questions is relatively high. 
• Review of Key Topics: Since they are more commonly tested on, students should pay closer attention to these topics. As you read the chapters, keep these elements in mind.
• Practice: Utilize sample exams and test questions from prior years to prepare for the questions.

Scope of MFT for Higher Education 

Scope of MFT is vast, where aspirants can pursue higher studies after obtaining the degree. The following are a few of the best higher education programs in the area of master of foreign trade:

• PhD
• M.Phil
• Post Graduate Diploma courses

Salary of an MFT Graduate 

MFT graduate salary for graduates can differ according to the area or industry that the aspirants decide to pursue. MFT salaries in India may be influenced by a variety of additional factors in addition to experience, location, and the sector they work in.

With an increase in practical exposure and experience, candidates have the potential to move to higher positions and increase their salary slabs. The average MFT salary for graduates is around INR 3-12 LPA. [Source: PayScale].

Read More: MFT Job Salary

Career Options After MFT Graduation 

For an MFT graduate, there are many positions available in various fields. The job roles will change depending on the area or industry chosen. For MFT graduates, the following job profiles offer a variety of employment options with significant pay scales:

• Foreign Trade Analyst
• Business Development Manager
• Market Research Executive
• Global Trade Manager
• Professor

Skills That Make You the Best MFT Graduate 

To excel as a Master of Foreign Trade graduate, various skills need to be inculcated in the ongoing learning environment that will help improve the individual learning curve and boost a practical approach to solving problems.

• Analytical skills
• Problem-Solving skills
• Communication skills 
• Networking skills
• Leadership skills

Top MFT [Master Of Foreign Trade] Colleges

BHU

Varanasi,Uttar Pradesh

KCC - College Christian Kodaikanal

Kodaikanal,Tamil Nadu

VIEW ALL

MFT Fee Structure