Foreign Trade involves completing transactions in a complex global market. You will need to learn the theories and regulations that govern international trade.
Foreign Trade, Interview with Jose Luis Hernandez Castellanos from Mexico
What is the Foreign Trade degree about?
In general terms, it is about foreign trade, services and goods that are destined for a country other than their country of commercial origin. Foreign Trade also refers to investing in foreign securities, although it is a less common use of the term. Foreign trade has to do with imports and exports. The backbone of any foreign trade between countries is the services and products that are traded elsewhere outside the boundaries of a particular country.
Some nations are adept at producing certain products at a profitable price. Perhaps it is because they have the labor supply or abundant natural resources that constitute the necessary raw material. No matter what the reason, the ability of some countries to produce what other nations want or need is the raison d’être of foreign trade.
In some cases, the products produced at one stage of foreign trade are very similar to other products that are produced around the world, at least in their raw form. Therefore, these products, known as merchandise, are often bundled together in a mass market and sold. This is known as commodity trading. The most common products that are often sold in foreign trade are oil and grain.
Why study foreign trade?
Because when studying Foreign Trade you will know all the laws and theories that regulate Foreign Trade. You will learn what is necessary to train yourself in everything related to export and import and international trade.
What is the duration of the Foreign Trade degree? Is this race known by another name?
Foreign Trade, also known as International Trade, lasts around 4 or 5 years, depending on the country.
What job opportunities does Foreign Trade have?
Those who obtain the Bachelor of Foreign Trade often start their professional career in the internal sectors of companies, especially transnational ones, and move to international jobs after gaining experience.
Is studying foreign trade the same as international trade? What is the difference?
The two races are very connected, although they are different. A graduate in foreign trade is usually in charge of controlling the management of goods in customs, that is, he controls what enters and what leaves and is also in charge of logistics. Foreign trade graduates usually work in ports, airports, etc.
A graduate in international business, for his part, is in charge of coordinating clients, seeking new contacts abroad, he must seek to improve relations between the company and clients, as well as between a country and other countries. He is also in charge of opening the doors to companies. This second career is more diplomatic since it works mainly with meetings with businessmen, etc.
How is the day to day of a specialist in Foreign Trade?
The graduate in Foreign Trade will be able to carry out:
- Tasks of analysis of import costs of products and services, market analysis, sectoral and regional analysis, analysis and setting of prices, market studies and projections of supply and demand in the international market.
- Tasks of planning, coordination, execution and control of all the activities and tasks of the exporting and importing sector.
- He will be able to advise the public sector regarding the export and import of products and services.
- Carry out studies, analysis, projects and advice to the public sector in the matter of containers and packaging of export and import products.
A foreign trade graduate is often responsible for overseeing all aspects of a company or government negotiations and trade policies, or just a certain area of business activity. Some become a foreign trade manager for a company that invests in certain types of import, export, or both products or services. For example, the oil industry could employ an expert to secure a foreign market for the oil it produces.
Other companies may be broader in scope, asking business managers to find any foreign import or export product that they could make a profit on. Most major ports and other types of shopping centers also employ foreign trade graduates to oversee tariff application or simply to catalog what’s coming and going for official counts.
A Bachelor of Foreign Trade can carry out managerial or executive responsibilities, thanks to his training in the area of international business, foreign trade, administration, economics and law, he can perform tasks:
- In the area of integral port administration or services and customs administration.
- Freelance / independent advisor or consultant for exporting companies.
- Import Assistant.
- Perform tasks as a commercial executive for cargo agencies and customs.
- In management and financing areas such as Banks or finance companies that work on investment projects.
- In public organizations dedicated to promoting and financing the development of all types of export companies.
- In customs agencies, shipping companies and transport companies.
- Perform tasks as a Sales Executive in Foreign Trade.
- Carry out managerial or executive responsibilities in companies that manage or process exports.
- In companies that provide services and customs administration.
- In entities or government agencies as an agent of control and / or regulation of foreign trade.
- In the area of customs and tax procedures for maquiladora companies.
Where to study Foreign Trade?
In Argentina: In CABA, the University of Business and Social Sciences (UCES) offers a degree in Foreign Trade with a duration of 4 years and the Intermediate Technical University Degree in Foreign Trade.
The University of Belgrano offers the Bachelor’s Degree in Foreign Trade, with a total of 41 subjects, face-to-face modality and a total of 4 years of study.
The Cultural Inglesa de Palermo (CdeP) offers the training of Assistant Customs Broker and Foreign Trade with a duration of 1 year.
The De La Rivera Institute offers the Higher Technique in Customs and Foreign Trade, with a duration of 3 years.
In San Isidro, Province of Buenos Aires, the CESYT Institute offers a degree in Foreign Trade with a duration of 3 years.
In the City of Mar del Plata, Province of Buenos Aires, the Computer Resources Center (CRI) offers the Higher Technical degree in Customs Regime and Foreign Trade with a duration of 3 years.
In the city of Luján, Province of Buenos Aires, the National University of Luján offers the University Technician in Foreign Trade and Customs, with a duration of 3 years.
In the city of La Plata, Province of Buenos Aires, the Institute of Tax and Customs Training (ICIA) offers the training of Superior Technician in Customs Regime and Foreign Trade with a duration of 3 years and the intermediate title of Assistant in Regime Operations Customs with a duration of 2 years.
In the Province of Formosa, the National University of Formosa, within the Faculty of Administration, Economics and Business U.Na.F. offers the Bachelor of Foreign Trade in a total of 5 years.
In the Province of Río Negro, the National University of Río Negro (UNRN) offers a Bachelor’s Degree in Foreign Trade with a total of 4 years of study.
In the Province of Chaco, the Universidad Nacional del Nordeste (UNNE), in the Faculty of Economic Sciences (FCE) offers the Bachelor’s Degree in Foreign Trade with 33 compulsory subjects, with a duration of 5 years and a total workload of 2,790 (two one thousand seven hundred and ninety) clock hours.
In the Province of Santiago del Estero, the Catholic University of Santiago del Estero (UCSE) offers a Bachelor’s Degree in Foreign Trade, with a duration of 4 years.
In the Province of Mendoza, the University of Congress (UC) offers a degree in Foreign Trade, with a duration of 4 years.
The Champagnat University offers the University Technique in Foreign Trade and Customs, with a duration of 3 years.
The Aconcagua University offers the Higher Technique in Customs and Foreign Trade with a duration of 3 years.
In the Province of Salta, the Catholic University of Salta offers the University Technique in Foreign Trade Management, with a duration of 2 years.
In the Cuyo Region, the Catholic University of Cuyo, offers the University Technique in Foreign Trade and Customs with a duration of 3 years.
In Brazil: University of Fortaleza, Federal University of Permanbuco, etc.
In Chile: In the cities of Antonio Varas, San Andrés de Concepción and Viña del Mar, the Professional Institute Duoc UC offers Engineering in Foreign Trade and an intermediate degree of Technician in Foreign Trade in a total of 4 years.
Arturo Prat University, Valparaíso University, Metropolitan Technological University, etc.
In Colombia: University of Bogotá Jorge Tadeo Lozano, University Foundation “Los libertadores”, Antonio Nariño University, etc.
In The Savior: The Institute of Foreign Trade and Logistics (ITCEL) offers the Diploma in Foreign Trade with a duration of 8 months and the Diploma in Logistics and Customs with a duration of 8 months. In modality of courses ITCEL offers Principles of Foreign Trade, Electronic Commerce, Tariff Classification and Tele-dispatch, Operations in the Distribution Center, Warehouse and Inventory Management, Import Procedures and National Customs Legislation.
In Spain: In Madrid, the Official Chamber of Commerce and Industry of Madrid offers the Master in Foreign Trade, this Master aims to provide the student with a global socio-economic and political vision of the international trade situation, it has an approximate cost of 6500 euros, with a duration of 650 teaching hours.
In La Rioja, the Chamber of Commerce and Industry of La Rioja through the …