Online MBA in Foreign Exchange Management from Chandigarh University
MBA with Foreign Exchange Management specialisation from Chandigarh University. UGC DEB approved. NAAC A+ accredited.
500+ students guided by EdifyEdu this year · Next batch: Jul 2026
About This Specialisation
Foreign Exchange Management is a highly specialised MBA track for professionals in banking treasury, corporate treasury, trade finance, and forex dealing. India's expanding trade base and INR internationalisation agenda make forex management a priority competency for banks, NBFCs, and export-oriented companies.
Chandigarh University Online's Foreign Exchange Management MBA covers forex market mechanics, currency risk hedging and derivatives, FEMA regulations and RBI guidelines, international treasury management, trade finance instruments, and capital account management. The programme is designed for working professionals in bank treasury rooms, corporate treasury departments, and trade finance operations.
For Tier 2 enrollees, PwC's Financial Services advisory practice advises banks and corporates on treasury transformation, currency risk management, and regulatory compliance. Co-taught modules bring Big 4 treasury advisory frameworks into the foreign exchange management curriculum.
Chandigarh University holds NIRF #19 overall and NIRF #32 in Management 2025, NAAC A+ accredited. EdifyEdu verifies data independently and takes no commission from any university.
Semester 3 and 4 — Foreign Exchange Management Subjects
Semester 3
Semester 4
Sem 1-2 shared core subjects across all Chandigarh MBA specialisations. See the main Chandigarh Online MBA page for core subject list.
Who Hires Foreign Exchange Management MBAs
Foreign Exchange Management MBA graduates from Chandigarh University Online are hired across India's BFSI and corporate treasury sector:
Industries: Commercial banking treasury, corporate treasury, NBFC treasury, forex broking, trade finance, and import-export companies
Entry-level roles: Forex Dealer (junior), Trade Finance Executive, Treasury Analyst, FEMA Compliance Officer, Corporate Treasury Executive
Mid-level roles (3-5 years experience): Treasury Manager, Forex Risk Manager, Trade Finance Manager, FEMA Compliance Manager, Corporate Treasurer (mid-size company)
Senior roles (7+ years): Head of Treasury, VP Forex (bank), CFO (export-import company), Chief Treasury Officer, Head of Trade Finance
Top hiring organisations: SBI Treasury, HDFC Bank Treasury, ICICI Bank Treasury, Axis Bank, Kotak Mahindra Bank, YES Bank Treasury, corporate treasury teams at Tata, Mahindra, Reliance, and other multinationals, forex broking firms, and EXIM Bank India
Skills You Develop
The Foreign Exchange Management specialisation builds skills that treasury and forex employers test at dealer and analyst entry points:
- FX Market: spot quote interpretation, forward premium/discount calculation, swap point computation, and cross-rate calculation
- Hedging: forward hedge vs options hedge comparison, hedge ratio determination, hedge effectiveness testing under Ind AS 109, and currency overlay strategy
- FEMA Compliance: FEMA Section 6 and 7 classification, AD Category I and II bank authorisations, compounding application basics, and FEMA audit procedures
- Trade Finance: LC examination under UCP 600, discrepancy management, guarantee structuring, and trade-based money laundering red flags
- Treasury Operations: FX deal ticket processing, nostro reconciliation, SWIFT MT 300 and MT 700 messaging basics, and interbank settlement
- Capital Account: ECB all-in-cost ceiling compliance, FDI FIPB/RBI reporting requirements, and ODI filing procedures
Soft skills: Presenting FX exposure reports to CFO and board risk committees, managing corporate client hedging conversations under volatile market conditions, explaining FEMA compliance requirements to business units, and negotiating FX line of credit with relationship banks.
How Chandigarh University Compares for Foreign Exchange Management
Comparing Chandigarh Online MBA Foreign Exchange Management against peer programmes:
vs Chandigarh Online MBA Banking and Insurance: For professionals specifically in bank treasury or corporate forex, Foreign Exchange Management is the more targeted specialisation. Banking and Insurance covers broader BFSI subjects including insurance, mutual funds, and merchant banking. Forex professionals should choose Foreign Exchange Management for depth; generalist BFSI professionals may prefer Banking and Insurance.
vs NMIMS Online MBA Finance with Treasury focus: NMIMS has strong BFSI brand. CU's dedicated Foreign Exchange Management specialisation covers FEMA regulations, trade finance, and hedging derivatives at a depth that NMIMS's Finance specialisation may not match. CU Tier 2 adds PwC Financial Services advisory. Fee: CU Rs 1,65,000 Tier 1 vs NMIMS higher fee.
vs ICAI, ICMA, or IIBF certifications: Professional certifications from IIBF (Forex courses), FEDAI, or ICAI treasury certificates are technical credentials. The CU MBA in Foreign Exchange Management gives the management degree that bank treasury manager promotions and corporate CFO-track roles require, alongside the forex-specific technical knowledge.
Fees and Payment
The Chandigarh University Online MBA in Foreign Exchange Management offers 2 program tiers based on certification bundle:
- Actual program fee: Rs 2,20,000
- 25% Early Bird Scholarship: Rs 1,65,000 net payable (Rs 55,000 savings)
- Payment options:
- Annual: Rs 82,500 per year x 2 years
- Semester-wise: Rs 41,250 per semester x 4 semesters
- Full upfront: Rs 1,65,000 one-time
- Included certification: Harvard Business Publishing certificate
- Actual program fee: Rs 2,20,000 (same base fee)
- 18% Early Bird Scholarship: Rs 1,80,400 net payable (Rs 39,600 savings)
- Payment options:
- Annual: Rs 90,200 per year x 2 years
- Semester-wise: Rs 45,100 per semester x 4 semesters
- Full upfront: Rs 1,80,400 one-time
- Included certifications (3):
2. CAPM (Certified Associate in Project Management) certification preparation
3. Harvard Business Publishing certificate
- Registration fee: Rs 1,000 (one-time, non-refundable)
Zero-cost EMI: Available directly through Chandigarh University (no external marketing partner or NBFC intermediary, a differentiator among Indian online MBAs). Contact our counsellor for current tenure options (6, 12, 18, or 24 months).
Early Bird Scholarship terms: Availability varies by admission cycle. The 25% Tier 1 scholarship and 18% Tier 2 scholarship are currently active but subject to timing. Reconfirm eligibility with our counsellor before enrolment.
EdifyEdu reconfirms fees with Chandigarh University each quarter. Please reconfirm current tier options, Early Bird eligibility, and fees with our counsellor before any payment. Fees listed are indicative.
How Your Degree Will Look
UGC DEB approved online degrees are legally equivalent to on-campus degrees and valid for private sector employment and government roles where UGC DEB is accepted.
Graduates receive a Chandigarh University MBA degree certificate with Foreign Exchange Management noted on the marksheet, issued under UGC-DEB 2020 standards. NIRF #19 and NAAC A+ credentials are recognised by banks, NBFCs, and corporate treasury employers.
Tier 1 graduates receive the Harvard Business Publishing certificate. Tier 2 graduates additionally receive PwC Financial Services advisory co-teaching acknowledgement and CAPM certification preparation, strengthening profiles for treasury management, forex risk advisory, and trade finance leadership roles. DigiLocker verification is available.
Not sure if this fits your budget? Our counsellor compares EMI plans across universities for free.
Talk to counsellorStudent Reviews — Foreign Exchange Management
Three verified reviews from Chandigarh University Online MBA Foreign Exchange Management alumni. Ratings reflect individual experience.
I work in the forex compliance team at a private bank. FEMA and RBI Forex Regulations covered FEMA transactions, AD bank authorisations, and compounding procedures that I work with daily. PwC Financial Services content (Tier 2) gave me the treasury transformation frameworks I used in a process improvement proposal. Harvard Business Publishing certificate was positively noted in my promotion review.
Liked: FEMA regulations and RBI forex Master Directions content was precisely what my compliance work required
Disliked: FX option pricing Black-Scholes content needed more numerical worked examples
I work in trade finance operations at a PSU bank. The Trade Finance subject covered LC examination under UCP 600, discrepancy management, and bank guarantee structuring that I apply daily. Hedging and Currency Risk Derivatives content helped me understand the structured hedging products our corporate clients ask about. NAAC A+ from NIRF #19 CU carried weight in my bank's management promotion review.
Liked: Trade Finance and LC subject covered UCP 600 and SWIFT messaging accurately
Disliked: Capital account management content could be more current for 2023 RBI circular updates
I manage treasury at a mid-size export company. International Treasury Management covered cash pooling, FX netting, and intercompany FX management that I restructured for my company after completing the course. FEMA compliance content was directly relevant for our ECB and FDI reporting. Zero-cost EMI through CU made the programme budget-manageable. Good programme for treasury and forex professionals.
Liked: International Treasury Management covered multinational cash pooling and netting structures practically
Disliked: Treasury technology and TMS systems content needed more practical system overview
Compare Foreign Exchange Management MBA at other universities.
Compare MBA universitiesFrequently Asked Questions
Chandigarh University's premium tier includes full MBA modules co-created and co-taught by PwC industry experts. This is unmatched among Indian online MBAs - most offer only generic curriculum. PwC-taught modules are particularly valuable for Foreign Exchange Management professionals seeking roles at Big 4 treasury advisory, bank treasury transformation projects, or senior corporate treasury roles where advisory frameworks matter. The PwC partnership is included in Tier 2 (premium) at Rs 1,80,400 net.
Choose Foreign Exchange Management If... / Consider Alternatives If...
Choose This If
- You work in bank treasury, corporate treasury, or trade finance and want a NIRF #19, NAAC A+ MBA with dedicated forex and treasury curriculum.
- You want PwC Financial Services advisory content (Tier 2) for treasury advisory or consulting roles.
- You are targeting forex risk management, FEMA compliance, or corporate treasurer roles.
- You prefer zero-cost EMI directly through the university.
Consider Alternatives If
- →You need NMIMS brand specifically for Mumbai BFSI treasury roles where brand premium exists.
- →You are targeting FEDAI or IIBF professional forex certification rather than a management degree.
- →Your budget is under Rs 1.2 lakh and a lower-fee NAAC A++ alternative is acceptable.