What Is IGNOU MBA in International Trade Management? - Guide 2024
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What Is IGNOU MBA In International Trade Management? - Guide 2024

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IGNOU MBA in International Trade Management is a 2-year management program that provides in-depth knowledge of global business and trade. IGNOU offers this course in completely online and distance mode. Students who have completed their bachelor’s degree in the relevant stream can apply for this course both online and offline. MBA in International Trade Management provides you a clear understanding of the import-export industry.

IGNOU, which was founded in 1985, is one of India's oldest and most prestigious universities. With an A grade, the university is known and acknowledged by the UGC and NAAC. The institution has also been accredited by the AICTE, giving it international recognition. IGNOU offers real courses and specialisations in a wide range of areas. The university was created by the Indira Gandhi National Open University Act of 1985. The Indian Government National Open University (IGNOU) was founded to assist individuals all over the world with distance and open education. Students not only get a genuine degree, but they also get the benefits of online and remote learning, which is made possible by a variety of online platforms.

Distance MBA In International Trade Management


University Name Indira Gandhi National Open University
Degree Postgraduate
Approval UGC-DEB | NAAC A++
Duration MIN - 2 Years | MAX- 4 Years
Course Level Postgraduate (MBA in International Trade Management)
Admission Process Based on entrance examination process
Eligibility Graduation from a recognized university
Fees Incurred INR 1 to 14 lakhs
Average Salary Offered INR 9.5 Lakhs per annum
Top Recruiting Companies Walmart, Standard Chartered Bank, Citigroup, Prada, Goldman Sachs, Morgan Stanley, etc.
Job Positions Foreign Trade Representative, Global Trade Manager, Export Manager, Market Research Executive, etc.

What are the eligibility criteria of distance MBA in International Trade Management?

There are some basic requirements for the MBA program in International Trade Management that need to be fulfilled if someone wants to be eligible for the course. The criteria go as follows:

-Students must have a bachelor's degree in any discipline from a nationally recognised university to apply.
-The Indian Institute of Banking and Finance administers the CAIIB test, which must be passed.
-He or she must have spent at least two years in the banking and financial services industry.

About IGNOU

IGNOU, which was founded in 1985, is one of India's oldest and most prestigious universities. With an A grade, the university is known and acknowledged by the UGC and NAAC. The institution has also been accredited by the AICTE, giving it international recognition. IGNOU offers real courses and specialisations in a wide range of areas. The university was created by the Indira Gandhi National Open University Act of 1985. The Indian Government National Open University (IGNOU) was founded to assist individuals all over the world with distance and open education. Students not only get a genuine degree, but they also get the benefits of online and remote learning, which is made possible by a variety of online platforms.


The university has its own regional centres in around 67 areas along with 21 schools providing excellent faculty. The university offers approximately 677 courses to the students in a variety of courses in the undergraduate, postgraduate, diploma and certification programs.

How to get admission in IGNOU MBA in International Trade Management 2024?

Because of its flexibility and cost, IGNOU's curriculum is suitable for students who want to learn more while working. IGNOU programmes can help you learn more and possibly earn a Ph.D. in the field of your choice. In addition, the certification and PG Diploma programmes provide practical information that can help them succeed in their careers.

IGNOU's distance MBA programmes have a simple application process that is based on a set of requirements. Students must submit an application to the appropriate regional centre, together with the necessary fees and documents.

Students can review an online prospectus to see if they fit the requirements for a particular distance learning programme. To be admitted to the distance MBA programme, applicants must have completed their undergraduate studies at a recognised university; otherwise, their application will be rejected.

Is IGNOU MBA in International Trade Management good?

IGNOU provides a variety of management courses, including marketing management, human resources management, hospitality management, rural management, and retail management, among others. For individuals interested in pursuing an MBA, all of the courses provide a very helpful professional path. Let us look at some of the important reasons why doing a distance MBA ITM from IGNOU will be a great experience:

- IGNOU is a UGC-approved and NAAC-accredited institution with an A rating.
- Because the university is respected and recognised in the marketplace, an MBA earned there will be credible.
- IGNOU is also a very economical institution, which means that the courses are reasonably priced.
- The institution offers a wide range of courses, providing students with a dynamic learning environment.
- The university also raises the bar for its outstanding professors and facilities.

What is the fee structure of IGNOU MBA in International Trade Management 2024?

IGNOU is known for providing courses at a much lower cost. Students who are unable to attend regular classes for whatever reason are offered cheap programmes by the institution. Furthermore, while an MBA is costly in and of itself, the course is not. Academic fees for the distance MBA programme are Rs. 37,800, which must be paid in advance by bank draught in the name of the Indira Gandhi National Open University from any recognised bank (IGNOU). Students are responsible for paying the academic fee to the appropriate regional cemeteries at the start of each semester. IGNOU's primary purpose is to give education to the country's most rural areas.

Does IGNOU conduct any entrance exam for distance MBA in International Trade Management?

Students must take an entrance exam for the distance MBA degree in order to apply for admissions at IGNOU. Students must pass the IGNOU common management entrance exam in order to enrol in the distance MBA programme. On the university's official website, students can apply for IGNOU's OPENMAT entrance exam. Before taking the entrance exam, candidates must complete the qualifications for any of the specialisations they desire to pursue. Also Find: EMBA Eligibility Criteria 2024

What is the course duration of IGNOU MBA in International Trade Management?

The duration of IGNOU MBA in International Trade Management is 2 years but students get 4 years in total for clearing all the exams of this course.

What are the subjects/syllabus of IGNOU MBA in International Trade Management?

The IGNOU International Trade Management distance MBA programme is comprehensive, bringing together management and technological concepts from a variety of fields in one convenient place. The following is a complete list of subjects available through IGNOU's online MBA in International Trade Management programme:

Semesters Subjects
Semester 1 - Global Business Environment
- Management Concepts and Organizational Behavior
- Export-Import Policy, Procedure, and Documentation
- Managerial Economics
- Accounting for Managers
- World Trade Organizations
-Foreign Language-I (French)
Semester 2 -Quantitative Techniques for Foreign Trade
-India’s Foreign Trade: Trends,Prospects, and Strategies
- Export-Import Management
- International economics & Trade Theories
-Financial Management
-Computer Application in FT
-Personality Development
Semester 3 - Foreign Exchange and Exchange Control
- Insurance and Risk Management in FT
- Multinational Financial Management
- International Marketing Management and Consumer Behavior
- International Business Laws
- Statistical Analysis and Research Methodology
Semester 4 - EXIM Financing
- Export Incentives and Institutional Support
- Taxation in FT
- Export Pricing and Product Planning
- Foreign Language II (German)
-Research Project

How to Apply for IGNOU MBA In International Trade Management entrance exam 2024?

The entrance exam of IGNOU MBA in International Trade Management is known as OPENMAT and students can apply for it by filling the form on the website of IGNOU. IGNOU updates the dates of exams on its website and students can even check the result there.

Is OPENMAT necessary for an IGNOU MBA in International Trade Management?

Many prospective students are unsure whether or not they will be required to take entrance exams for distance MBA programs. Students are not required to take entrance exams for distance MBA programmes in some universities; however, students are required to take entrance exams for the IGNOU MBA programs. Students who want admission to the IGNOU MBA program must take the OPENMAT. OPENMAT is a national admission exam for IGNOU's MBA and PGDM programmes offered in English and Hindi. Twice a year, in January and July, IGNOU administers the OPENMAT exam. Students seeking admission to any MBA or PGDM programme must first pass the OPENMAT exam.

How can I download the IGNOU MBA International Trade Management prospectus 2024?

Students can download a copy of the IGNOU common prospectus by visiting the university's website and selecting the prospectus link. Students will notice an option for a common prospectus 2024 on the IGNOU website, which they must select in order to access the entire prospectus, which will include all information on the courses offered, the pricing structure, the eligibility criteria, and other important details.

How can I download IGNOU MBA International Trade Management Study Material in 2024?

IGNOU's websites contain study materials as well as responses to any inquiries students may have about the course. eGyanKosh and Education Broadcast are two virtual platforms that give online lectures. For soft copy notes and other doubt sessions, the college now has mobile applications. The learner has access to the learning resources via the internet. Students receive IGNOU e-content as soon as they enrol in the programme.

Students can browse the curriculum for any programme using the IGNOU e-content app. Over 2500 courses, study materials, and video programmes are available on the eGyanKosh learning portal. IGNOU students appreciate how easy it is to have all of their study materials in one place.

What are the Top Distance MBA International Trade Management Colleges in India for IGNOU Alternative?

Here are some of the top MBA colleges in India for IGNOU alternatives:

1. NMIMS - Deemed to be University
2. IMT Ghaizabad
3. Symbiosis Institute of Management
4. Jagganath University
5. Devi Ahilya Vishwavidyalaya
6. University of Kerala
7. Shivaji University
8. JECRC University

Other Management Courses Offered by IGNOU

The Indira Gandhi National Open University (IGNOU) provides a number of management programs that can help you gain a thorough understanding of a variety of managerial topics. The management programs offered by IGNOU are as follows:

- Distance BBA
- Distance MBA
- Distance MBA In Financial Management
- Distance MBA In Business Management
- Distance MBA In Marketing Management
- Distance MBA In Operations Management
- Distance MBA In Human Resources Management
- Distance MBA in International Business Management
- Distance MBA in Information Technology
- Distance MBA in Supply Chain Management
- Distance MBA in Banking and Finance Management
- Distance MBA in Hospital Administration
- Distance MBA in Hospitality Management
- Distance MBA in Retail Management
- Distance MBA in Rural Management
- Distance MBA in Project Management
- Distance MBA in International Trade Management

How to Apply for IGNOU MBA In International Trade Management entrance exam 2024?

The entrance exam of IGNOU MBA in International Trade Management is known as OPENMAT and students can apply for it by filling the form on the website of IGNOU. IGNOU updates the dates of exams on its website and students can even check the result there.

Is OPENMAT necessary for an IGNOU MBA in International Trade Management?

Many prospective students are unsure whether or not they will be required to take entrance exams for distance MBA programs. Students are not required to take entrance exams for distance MBA programmes in some universities; however, students are required to take entrance exams for the IGNOU MBA programs. Students who want admission to the IGNOU MBA program must take the OPENMAT. OPENMAT is a national admission exam for IGNOU's MBA and PGDM programmes offered in English and Hindi. Twice a year, in January and July, IGNOU administers the OPENMAT exam. Students seeking admission to any MBA or PGDM programme must first pass the OPENMAT exam.

Can I Get Scholarship In IGNOU for MBA International Trade Management program?

Because IGNOU is a government-funded institution, the Government of India awards scholarships to deserving students. The Government of India's National Scholarships Portal is a place where you can search for and apply for scholarships online. Through the site, students can apply for scholarships online, and they should ensure that they meet the eligibility requirements for the scholarships they wish to pursue. Students from all the courses including MBA International Trade Management can apply for scholarships if they satisfy the eligibility criteria.

Is There Any Difference Between IGNOU MBA In International Trade Management and IGNOU Distance MBA In International Trade Management?

No, there is no difference between IGNOU MBA International Trade Management and IGNOU distance MBA International Trade Management. It is so because IGNOU offers distance learning courses only.

Placement Assistance at IGNOU

IGNOU also provides students with placement aid in order to assist them in pursuing their career goals. In 2005, IGNOU established its own placement unit, dubbed Campus Placement Cell (CPC). The placement cell's purpose is to assist students with their placement tasks and to place them in the most appropriate position for them. The placement cell's mission was to assist students with placement issues and to advise them on the best career path for them. Also read: Executive MBA in HRM.

Furthermore, the Campus Placement Cell organises job fairs and drives, as well as student advising and career counselling meetings. Campus placement departments at distance education universities actively encourage students to study their programmes online while also assisting them in securing a bright future. Campus placement sections at distance education universities actively encourage students to take their courses online while also assisting them in establishing a successful future.

What is the Career Scope After Distance MBA in International Trade Management?

As mentioned before, the course offers an incredible career for the students who want to work in a foreign sector. Let us take a look at some of the job profiles that the course offers:

Marketing Manager Foreign Trade Representative
Global Trade Manage Export Manager
Market Research Executive Operations Manager
Senior Business Development Manager International Finance Manager
International Brand Manager International Business Consultant

Let's wind up

The students who have a degree in international trade management have a higher scope in making their career work efficiently in the international sector. MBA in International Trade Management is the best suited course for the ones who have excellent communication and management skills. Students who complete a distance MBA in international trade management will be able to find excellent employment that pays well and provides opportunities for promotion. The IGNOU degree is well-regarded, and it will be a good place to start for students who wish to study while working. If you're still on the fence about doing it, now is the moment to make your decision. Working professionals will find this to be one of the best possibilities because their lives are already overburdened. I believe you now have a full understanding of IGNOU's distance MBA programme.

FAQ's

⭐ Is IGNOU MBA AICTE Approved?

Yes, IGNOU MBA IBM has been approved by AICTE and also by UGC and DEB.

⭐ When to apply for an IGNOU MBA

IGNOU opens admissions twice a year; January and July. Students can apply for the MBA International Trade Management course by visiting the official website of IGNOU.

⭐How to apply for an IGNOU MBA?

Students can apply for IGNOU MBA just by visiting the official website of IGNOU.

⭐Is IGNOU MBA Valid For Government Jobs?

Yes, you can apply for government jobs after IGNOU MBA.

⭐Is IGNOU MBA Recognised Worldwide?

IGNOU is a recognized university and students will get the degrees which will be valid and recognized worldwide.

⭐Is IGNOU MBA Degree Valid?

Yes, IGNOU has been recognized by UGC-DEB and AICTE and all its degrees including MBA are valid.

⭐What is the IGNOU MBA entrance test?

IGNOU conducts an entrance test for MBA which is called OPENMAT.

⭐How to Apply For IGNOU MBA Entrance Exam?

You can apply just by visiting the official website of IGNOU.

⭐How many times does the university conduct term-end exams for distance MBA International Trade Management in a year?

The minimum duration to complete an MBA in International Trade Management from IGNOU is 2 years. However, the maximum duration to complete the same is 4 years.

⭐How does a candidate become eligible for a term-end examination in IGNOU?

A student needs to be available for the minimum time period set by the university, for instance, a master’s or bachelor’s degree student needs to be available for at least one year of the program.

⭐How does a candidate become eligible for a 7term-end examination in IGNOU?

A student should be available for the minimum time period specified by the university; for example, a student pursuing a master's or bachelor's degree must be available for at least one year of study..

⭐How many times does the university conduct exams for distance MBA in a year?

Students can take their program's exams in June or December, with the university administering tests twice a year. Students who are unable to sit for exams in June will be allowed to do so in December.

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