MFT Full Form (Master of Foreign Trade)

Waqar Niyazi logo

Waqar Niyazi Content Curator

Content Curator

The full form of MFT is the Master of Foreign Trade. It is a 2-year postgraduate course in foreign trade management or international business. The course includes international trade, finance, economic diplomacy, statistics, and trade promotion strategies. It requires 36 to 54 semester credits. The course is comprehensive in the field of international finance, trade, and business. The students who have passed graduation with a minimum of 50% aggregate marks from a recognized board are eligible to apply for the course. 

  • MFT full form in EnglishFellow in Programme Management
  • MFT full form in Hindi: अॅनिमेशन अभियांत्रिकी डिप्लोमा
  • MFT full form in Bengali: অ্যানিমেশন ইঞ্জিনিয়ারিংয়ে ডিপ্লোমা
  • MFT full form in Tamil: அனிமேஷன் இன்ஜினியரிங் டிப்ளமோ
  • MFT full form in Kannada: ಅನಿಮೇಷನ್ ಎಂಜಿನಿಯರಿಂಗ್‌ನಲ್ಲಿ ಡಿಪ್ಲೊಮಾ
Course Full form
MFT Full Form in Commerce Master of Foreign Trade in Commerce
MBA in Foreign Trade Master of Business Administration in Foreign Trade
BFT Bachelor of foreign trade

MFT Full Form in Commerce

MFT stands for Master of Foreign Trade. MFT is a 2-year postgraduate degree that deals with the trade of goods and services between countries. The top colleges for MFT includes colleges like Fore School of management, Indian Institute of Foreign Trade, etc with an average course fee is around Rs. 50,000- 2,00,000 for 2 years. The average salary offered is INR 3 lakhs to 12 lakhs. The top recruiting companies are ICICI, Cashpor, TCS, and HSBC Bank. 

Master of Business Administration in Foreign Trade 

The Master of Business Administration in Foreign Trade is a 2-year postgraduate course. The student has to qualify for the entrance exams like the CAT, XAT, MAT, and CMAT to take admission into this course. The students must have completed graduation. The course fee may range from INR 1 to 14 LPA, depending on the college. The average salary is INR 9.5 LPA. The top recruiting companies are Standard Chartered Bank, Prada, and Goldman Sachs. The job positions after an MBA in foreign trade are global trade manager, export manager, and market research executive.

Bachelor in Foreign Trade

Bachelor in Foreign Trade is an undergraduate course in foreign trade management. Admission to the course is entrance based. The students must have completed 10+2 from a recognized university. The average fees may range from INR 4.5 to 6 LPA. After completing the course the students can function in export houses, merchandisers, marine insurance companies, transportation corporations, and state trading corporations. The students will be employed as financial analysts, investment analysts, business analysts, budget analysts, and marketing managers. The average salary can be around INR 8 LPA to 9 LPA.

MFT Full Form: Master of Foreign Trade: FAQs

Ques. What is the qualification for Master of Foreign Trade?

Ans. The students must have passed graduation or equivalent with a minimum of 50% marks from a recognized board. A 5% relaxation is given for the reserved category. A Bachelor of Foreign Trade degree from a recognized university.

Ques. Is any entrance exam required for a course in Master of Foreign Trade?

Ans. Yes, there are several entrance exams one has to clear to pursue a course in MFT.

Exam Full form Conducted by
CAT Common Admission Test IIM
XAT Xavier Aptitude Test XLRI Jamshedpur
MAT Management Aptitude Test AIMA
CMAT Common Management Admission Test NTA

Ques. What are the top colleges for Master of Foreign Trade courses in India?

Ans. The top Master of Foreign Trade colleges in India are:

College Name City Admission Fees
Fore School of Management New Delhi Entrance INR 12.50 L
Birla Institute of Management and Technology Greater Noida Entrance INR 4.25 L
Indian Institute of Foreign Trade New Delhi Entrance INR 7.6 L
Symbiosis Institute of Management Pune Entrance INR 4.7 L
Loyola Institute of Business Administration Chennai Entrance INR 3.08 L

Ques. What are the career opportunities after the Master of Foreign Trade course in India?

Ans. A candidate after completing MFT can apply for the following job courses:

Profile Annual Salary
Export Manager INR V10.56 LPA
Relationship Manager INR 5.25 LPA
Global Trade Manager INR 15 LPA
Supply Chain Manager INR 8.35 LPA
Foreign Trade Manager INR 6.15 LPA

Ques. What is the admission process for the Master of Foreign Trade course?

Ans. Following is the procedure for getting admission to the MFT course.

  • The students are required to fill out a registration form through the college website.
  • The college releases the cut-off list. Admission is based on merit.
  • The admission process is completed after document verification

Ques. What is MBA in foreign trade?

Ans. It is a 2-year course for postgraduates. The course help in understanding internation business and its delicacies. The admission is based on entrance exam. A minimum 50% aggregate marks in graduation is required for admission.

Ques. What are the top colleges for MBA in foreign trade?

Ans. The top colleges are Chandigarh University, Lovely Professional University, Birla Institute of Management Technology, and ICFAI Business School.

Ques. Which are the recruiting sectors after completing Master of Foreign Trade?

Ans. The following sectors empoy MFT graduates:

  • MNC
  • State Trading Corporation
  • Trade Regulatory Bodies
  • Research and Educational Institutes
  • Custom Clearing Houses

Ques. What is the fees in private colleges for MFT?

Ans. The maximum and minimum fees for private college are INR 1.70 L to INR 61,000.

Ques. What are the top recruiting companies after MFT?

Ans. The top recruiting companies are ICICI Pru, Cashpor Microfinance, TCS, HSBC Bank, Tata Steel, HT Media Limited, Wipro, Bharti Airtel, HCL Technologies, Optima Insurance, and Bajaj Alliance.

Comments


No Comments To Show