Import-Export Management, an ever-expanding paradigm of glorious career opportunities

A report published by Business Today in January 2018 said, “Exports up 12.3% in December but imports jumped 21%”. The growth in the export and import of goods and services in India has definitely seen an upsurge. Seeing this drastic change, entrepreneurs & start-ups are more ready than ever to dive into the sea of opportunities.

But it’s not a smooth sail as the tide is never constant. Volatile market forces need to be meticulously studied before businesses take new leaps of faith across uncharted territories. That’s when an Import-Export management course comes to your rescue; it can help you understand the dynamic of international markets and the concept of foreign exchange. With every passing day, globalization and correlating complexities of export business are changing the stakes,and it has become all the more essential to gain knowledge about international trade and maintain that competitive edge. Export management courses can enable a newbie manager or entrepreneur to identify new foreign markets, product development avenues, and other methods that can transform a company’s way of doing business.

Where should you start?

To succeed globally, you must be trained to understand international trade. The Post Graduate Diploma in Import & Export Management (PGDIEM), a Part Time program at SIMIR (Suryadatta Institute of Management & Information Research), aims at training managers and personnel with good understanding of international trade, equipped with knowledge and skill to help a business succeed internationally.Whether you are expanding your business into the international market, starting a business or simply looking at working for an international trade company, this course will quickly teach you the ‘ins’ and ‘outs’ of the import–export trade.

What will you learn?

As a potential executive of today, you need to constantly evolve and understand the needs of the international market.Over the 12 months of this import-export course, you’ll:

• Understand, strategize, plan and execute ideas profitably
• Understand the dynamics of people, cultures, countries, and products
• Understand the movement of products and services and create an environment conducive to trade
• Understand international trade for smaller and medium-sized companies; acquisitions and mergers
• Understand Marketing: the marketing mix, marketing planning, market segmentation
• Understand Market research, social, political, legal and economic factors; competition analysis
• Understand the barriers to entry, import controls, licences; quality and safety; packaging and labeling
• Understand the export marketing plan, format, and content, its importance

This is only a tip of the iceberg. This course at SIMIR will extensively help you gain export and import training and help you learn to tap into new markets and maximize trade opportunities. If your organization is looking to scale up, this module will empower you with knowledge on how you can apply cross-pollination principles to make its operations grow beyond conventional avenues.

The Career Scope

After completing the course successfully, you can pursue a career in international markets as an exporterand importer. Apart from this, you can also take up the role of international supplier, logistics provider, risk manager, a government officer in Export Promotion Councils, in Trading Houses, Commodity Boards, etc. If you would like to be your own boss, you can start your entrepreneurial journey in the aforementioned areas. Other areas where you can find employment are development authorities, cargo clearing & handling agents (CHA), marine insurance companies and packaging industries.

Big question! Should you pursue it?

Ask yourself, do you have the passion for international trade, and the willingness to invest time and effort to understand its intricacies? If the answer is yes, then you must prepare yourself for a grueling yet rewarding journey ahead. The growth prospects are huge, not just in India but virtually in every country of the world. As a career, it offers you the opportunity to be a constant learner, to work in an evolving environment, and to face challenges that enable you to make a real impact on the company or organization for which you work.

Ancillary benefits

Travel:
You will have the opportunity to explore new cultures and markets, look for new products and services or buyers to purchase them.

Change:
You’ll earn opportunities to make a tangible difference to the fast-moving global economy. Very few days at work will ever be the same in this dynamic domain.

Passion:
Every sector of the economy needs to trade. Right from a hairpin to a piano manufacturing unit, to financial services and insurance, there are opportunities for you to work with products and services you are passionate about. There is a large opportunity in the market for individuals who have the skills necessary to help companies, especially SMEs, enter new foreign markets and sell their products to the world.

The question is, are you ready to take up the challenge?