How do the specialization of International Economics and specialization of International Business and Economics at Foreign Trade University differ (in terms of curriculum and overview)?


Foreign Trade University was established in the 1960s, under the Ministry of Foreign Trade, with a single major: External Economics (now known as International Business and Economics). Its clear mission was to train professionals with expertise in import and export to serve international trade. In the era of globalization and with the goal of developing Foreign Trade University into a multidisciplinary institution, new majors were created and developed at the university. These new majors, such as Business Administration, Finance and Banking, and International Economics, all share common characteristics: they inherit traditional courses from Foreign Trade University and incorporate elements from the training programs of advanced countries worldwide.

Comparing the curriculum of the International Economics major to standard International Economics programs in the United States, the United Kingdom, Australia, and other countries, you will find a high degree of similarity, reaching up to 80-90%. The modern and globally compatible curriculum is a prominent feature of the International Economics major, making it easier for International Economics students in terms of job recruitment and opportunities for exchange programs or postgraduate studies (master’s and doctoral) abroad.

The International Economics program equips students with the ability to analyze, formulate policies, and solve economic issues in specialized areas of international economics. It provides students with knowledge to work in government regulatory agencies, research institutions specializing in international economics, and international economic, trade, and financial organizations. Additionally, the program offers students both qualitative and quantitative analytical skills, with a particular emphasis on data analysis and forecasting, to meet the demands of careers requiring in-depth analysis in the fields of international economics, trade, and finance.