To carry out import and export business various companies and industries require professionals qualified in their respective fields. A few types of companies include import export management special export houses, custom clearing houses, merchandisers, ports, dry ports, special economic zones, transportation companies, logistic companies, trading corporation of the state, shipping companies and shipping corporations, marine insurance companies, directorate general of foreign trade, foreign exchange services, financial institutions and banks providing finances to international trade, quality control labs of products both pre and post shipments, BPOs involved in import and export, customer relationship management, export marketing firms, international finance management, international accounting and also international finance.
With the variety of companies available in hand a professional in international trade has huge scope of careers in the international as well as domestic business. Candidates who complete this import export management course are usually paid a handsome salary packages and also offered a number of other facilities in industries such as companies having a subsidiary in another company, international or MNC banks, export companies, public sector houses etc. On completion of the degree or the diploma course you can work with an export house or with a merchandiser with responsibilities such as documents related to the import and export and also coordinating between the taxation and customs authorities, between the exporters and the port authorities. Exporters require Custom House Agents that is CHA to help them, clear customs. CHAs are professionals qualified in taxations and custom formalities and they can help smooth flow of the trade especially with the custom department by understand their requirements.
Export managers and also export executives is another designation that is much in demand for the insurancecompanies especially the marine insurance corporations. These managers and executives are people who access the loss caused to the products during the shipping of the products in a different country. This designation gives you the authority of accessing, surveying and certifying the goods that are shipped in. This job is specifically a technical job, this job required very high professional competency along with the knowledge of the latest legislation and standards that need to be met in international trade.
International finance is one of the emerging fields these days for professional and candidates who have relevant knowledge. It needs high level of expertise in managing finance related affairs of MNCs who have huge international transactions. In fact banks and financial institutions these days have their own separate department for foreign trade and foreign exchangetransactions, consultancy, risk management, international finance management along with performing import export management finances like the letter of credit, and the bank guaranty. Such professional with a IB degree along with specialization in international finance are hired by institutes such as EXIM Bank, public sector banks, private sector banks and also MNC banks. Specialized professionals are also hired in currency derivatives, risk management, foreign exchange, and also international finance.
Besides the above fields you can also teach international business by becoming a faculty in an import export management institute. Becoming a journalist and a media reporter related to export and import along with commodity reporting is a very good opportunity for youngsters who have an interest in international business news in print and electronic media. International accounting and self employment are also very good options that can help you grow in the international market.
The opportunities are not less and never ending now what you need to know is what qualification has what requirements.
Compliance officer :-Import Export Management
The basic job of a compliance officer is to regulate oversees trade compliance. To apply for this course you need to have a minimum qualification of a graduate or a bachelor’s degree. Different institutes offer different length for this program however mostly it is suppose to be for 4 years. To pursue its you need a professional experience of 3 years. You add to your value if you have a professional certificate. The average estimated growth for jobs in these designations is 3 to 7% in the next decade. The salary that you can expect in this designation is approximately $68000 to $70000.
Logisticians :- Import Export Management
Coordinating between two organizations to meet their supply chain is the main job of a logistician. The basic qualification required here is again a graduate or a bachelor’s degree. In most institutes this program has a course length of 4 years however it differs with institutes. A professional experience of 3 or more years is required to become a certified logistician. Even here a professional certification is optional that is you may or may not require a professional certification to pursue this course. Average estimated growth for this job designation is 22% in the next or the coming decade. On an average you can expect a salary of $77000 to 80000. Coordinating between two international organizations and looking after the smooth flow of the trade transactions is an extremely interesting job if talking to people from different parts of the world is something you fascinate and love.
Marketing Manager :- Import Export Management
Developing marketing strategies in order to increase oversees sale for a company’s products is the responsibility or the job role of a marketing manager. To become a marketing manager you need to have a bachelor’s degree or a master’s degree. Completion of this course takes about 4 to 6 years of time. Professional experience required for an international business marketing manager is for 2 years and more. Certifications are not required, or rather not applicable here. In fact if you have exposure to one or more internationals languages you definitely have an added advantage to your resume. In the next decade an estimate increase of growth and demand for this profile is going to be about 13%. The remuneration here is quite good you can expect roughly $137000 to $140000 as your salary.
Conclusion – Import Export Management
There are many such junior and senior designations that international trade has to offer. With huge salaries and great exposure to domestic and international clients and organizations you have a lot of scope and a lot to learn. Once you have exposure to international trade no border is a boundary. When you work in a normal 9 to 5 job you never know when you will get this amount of exposure. Here you have it daily. And obviously studying today will give you your benefits tomorrow. So grab the opportunity of studying and make the most out of it.
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B2B Export Import Academy is conducting basic as well as advanced programs or courses on Export Import Management.Our Branches Available At Pune,Mumbai,New Delhi,Ahmadabad,Hyderbaad,Kolkata and Dubai.
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