In the world of globalization, international trade has witnessed immense growth over the years. It is critical for the growth of economies as it allows the market to expand and provides people with access to goods and services that might not be available domestically. With such an inclination towards international trade, comes the need for international trade specialists, international market traders, financial analysts, etc. So, here we’ll discuss the 10 Best Online Certification Courses to start your career in International Trade.
Responsibilities
As an international trade specialist, one is required to-
- Coordinate financial activities
- Obtain payments for import/export operations
- Give financial advice
- Enhance business in foreign countries
- Promote business expansion
- Analyze foreign trade
- Monitor global markets
Recommended skills
To begin with, let’s discuss the basic skills that are required to achieve excellence in international trading. These are-
- Networking skills
- Detail-orientation
- Analytical approach
- Logical thinking
- Communication skills
- Writing skills
- Cross-cultural communication
10 Best Online Certification Courses to start your career in International Trade
In order to build a career in international trade, here are the best courses on international trade offered by some well-known online educational sites and institutes that will not only enhance your knowledge and skills but will also prove your knowledge on this subject on several professional platforms. So, let’s look at the 10 best online certification courses on international trade.
1. Certified International Trade and Forex Professional Course by Vskills
The Vskills International Trade and Forex Professional certification helps in differentiating the candidates in today’s competitive job market, enhances their earning potential, and widens their job opportunities by showcasing their advanced skills. This course will prove to be really beneficial for executives, finance managers, forex, or international trade professionals and also for candidates who would like to take this certification for career progression.
Course Details
- Certification type- Government
- Certification validity- Lifetime
- E-learning access- Lifelong
- Learning hours- 12 hrs
Course Outline
- International Trade
- International Trade – WTO
- Export and Import
- Starting Exports – Important steps
- Export Documentation
- Payment Terms
- INCOTERMS
- Methods of Financing Exporters
- Processing of an export order
- Imports
- Forex Introduction
- Foreign Exchange Basics
- Foreign Exchange Risks
- Kinds of Foreign Exchange Market
- Currency Markets in India
2. International Trade 101 by Udemy
This course very well explains the procedure of physical trading that includes exporting or importing or buying from one country and selling in another country. The best thing about this course is the trainer with 16 years of international trading experience and explanation that provides clear understanding, well-narration, and specimen documents. Moreover, this course will act as a reference guide for people in the trading industry or those pursuing their trading business.
Course Details
- Accessible on- Mobile and TV
- Certification validity- Lifetime
- 1 article and 3 downloadable resources
- Learning hours- 2.5 hrs
Course Outline
- Introduction
- Basic terminologies in international trade
- Activities and processes in international trade
- Conclusion
3. International Business Specialization by Coursera
The International Business specialization is specially designed for candidates who wish to gain a thorough understanding of concepts, tools, and applications of international business. The knowledge gained through this program can be employed to advance one’s current work, prepare for international careers, and understand the importance of international business practice on globalization. This course covers the global context of business, human resources, national cultures, marketing, foreign exchange, supply chains logistics, and modes of entry in the context of international business and commerce.
Course Details
- Shareable certificate
- Level- Beginner
- Hands-on project
- Learning duration- 5 months( at a pace of 3hrs/week)
Course Outline
- International business context
- Foreign business and culture
- International business operations
- International business venturing abroad
4. International Macroeconomics by edx.org
The International Macroeconomics course by UQx builds your knowledge of macroeconomics and international trade along with a strong foundation of economics. This is meant for everyone, be it a university student, a career professional, somebody interested in expanding his/her economic knowledge, or a curious student who wishes to gain knowledge about global economic behavior and factors influencing it.
Course Details
- Institution- UQx
- Self-paced
- Level- Intermediate
- Learning duration- 1.5 months( at a pace of 2hrs/week)
Course Outline
- Fundamentals of the contemporary international macroeconomy
- Trade
- Exchange rate systems
- International financial policy
- Open macroeconomy
5. Course in Import-Export by onlinestudies.com
The Import-Export (International Trade) course is designed for candidates looking to put up a business, planning to join a global trade organization, or wishing to launch an existing business into the international scene. Subsequently, candidates can build their careers in the following domains after completing this course.
Career Prospects
- Transporters
- Logistics professionals
- Private and public import-export
- Manufacturers/exporters
- Wholesale traders
Course Details
- All locations- London
- Language- English
- Pace- Full-time, Part-time
- Learning duration- 40-156 weeks
Course Outline
- Introduction
- Starting in Importing and Exporting
- Sourcing Products and Sellers
- The Agency Agreement
- How to Find Buyers
- The Difference Between an Agent and a Merchant
- Advertising
- Laws and Regulations
- Documentation
6. Export / Import Certificate (EIC) by ICC Academy
The EIC certification by the ICC academy is an international trade certification that provides you with practical and comprehensive knowledge on the way to conduct cross-border transactions. This certification is beneficial for exporters, forex managers, freight forwarders and carriers, trade finance bankers, customs brokers, inspectors, insurance providers, trade promotion executives, and trade lawyers. Moreover, some other important details of this certification are-
Course Details
- Accessible for 12 months
- Learning duration- 21 hours
- Downloadable study guide
- Fees- USD $699
Course Outline
- International trade overview
- Business transactions and contracts
- Financing and security devices
- International logistics and sourcing
- Global business management
7. Advanced certificate in international trade by NIFT
This course by NIFT is designed for candidates who are looking for better employment opportunities or their independent export-import businesses. The course is designed in a way that helps the candidates get acquainted with practical knowledge, that would help them apply their knowledge in real-world, become export-import executives and would also enable them to start their own business in international trade.
Course Outline
- International marketing
- Exports finance, banking, pricing costing and exchange regulations
- Export procedures and documentation
- Import management
- Foreign trade policy
- Foreign trade logistics and cargo insurance
8. Diploma in international trade management by NMIMS
The diploma in international trade is a one-year program that familiarises its applicants with the concepts like foreign policies, import and export management, currency conversion and fluctuation, global communication, macro-economic analysis, etc. Moreover, it illustrates the process flow for international business operations and provides knowledge on the principles of international trade and cross border businesses etc.
Course Details
- Eligibility-Bachelor’s Degree
- Learning duration- 1 yr
- Fees- Rs. 1,200/-
Course Outline
- Management Theory and Practice
- Organisational Behaviour
- Marketing Management
- Business Economics
- Financial Accounting & Analysis
- Information Systems for Managers
- Export Import Procedures and Documentation
- India’s Foreign Trade
- International Business
- Customs Shipping and Insurance
- International Marketing
- Business Law
9. Certificate in international trade by Institute of Export
This is a basic level qualification in international trade that aims to help candidates get started in international trading and cross-border business. This qualification does not require any formal prerequisites. Moreover, this has been designed in a way to fit around a full-time career, with online study supported by webinars, sessions, podcasts and contact with tutors.
Course Details
- Enrolment fee £975
- Student Registration (two years student membership) £236
- No eligibility criteria
- Supported Distance Learning
Course Outline
- Fundamentals of International Business
- Introduction to International Trade Management
- Global Marketplace
- International Transport and Documentation
10. Incoterms by Coastline Solutions
The objective of this course by Coastline solutions is to ensure a robust foundation in the use of Incoterms rules. Moreover, it offers the following benefits to candidates-
- Quality
- Consistency
- Convenience
- Value for money
Course Details
- Learning duration- 6 hours
- EUR 199 per trainee
- Email- [email protected]
Course Modules
- INCOTERMS rules
- Case studies
- Assessment
I hope this blog will turn out to be insightful and will help you choose the best course for you. So, stop waiting and start learning; enroll in any of the above courses and kick-start your career in international trading.
HAPPY LEARNING!!