Indian Institute of Foreign Trade

Estd. Year : 1963
Delhi,Delhi
Affiliation : Deemed to be University
Type : Private
Accreditations : NAAC
...
  • Established:  1963  
  • Type of Institute: public/government university
  • Courses Offered: 4 management  courses ( MA , Ph.D , Diploma  , certificate programs )
  • Affiliation:  "Deemed to be University" in 2002 

Accreditations & Approvals

  • Granted "Deemed to be University" status in 2002
  • Recognized as a Grade 'A' Institution by the National Assessment and Accreditation Council (NAAC) in 2005 and 2015
  • Granted the prestigious AACSB Accreditation on November 17, 2021, placing it among the top 900+ business schools worldwide with this accreditation
  • Graded as Category –I Deemed to be University by the University Grants Commission (UGC) in 2018
  • Alliance member of EFMD and AMBA

Ranking

  • NIRF Ranking 2024: Improved from 27th in 2023 to 15th in 2024 under the Management category, a jump of 12 ranks.
  • Business Today Ranking 2023: Ranked 9th among management institutes.
  • Times Ranking 2023: Secured 4th position in the Times ranking for management institutes.
  • Consistent Recognition: IIFT is consistently recognized as one of India’s top business schools, reflecting its strong presence in national rankings.
  • Focus on International Trade: The rankings highlight IIFT's emphasis on international business education and its role in developing future leaders in the field.

About College IIFT

The Indian Institute of Foreign Trade (IIFT) is one of the top business schools in the country, established by the Government of India in 1963, with the objective of specialising in international business and trade. IIFT provides education through its courses of study, which range from the flagship MBA in International Business to several Executive MBA programs offered from its campuses and other certificate courses. IIFT has its campuses at New Delhi, Kolkata, Kakinada, and GIFT City, Gujarat. The institute is known for an intense curriculum that merges practical exposure with academic knowledge. This enables students to be well-equipped to face international business challenges in diverse corners of the globe. IIFT is accredited by AACSB and NAAC among others. With time, IIFT has been ranked high among Indian Business schools. IIFT focuses on the research involved and has strong connecting ties with industries around it. This aims at creating proficient professionals for foreign and economic development in India. The institute further facilitates international collaborations and exchange programs, hence bringing in an added advantage by enhancing its global footprint.

Education at College IIFT

IIFT puts its attention on multiple educational programs directed at the needs of aspiring international business professionals and working executives. The flagship program of the institute is the Master of Business Administration in International Business, an MBA program run for two years as a full-time residential program and highlighted by its specialization curriculum focusing on international trade, finance, marketing, and strategy. Executive Masters in International Business and Trade: In addition to the degree programs, IIFT offers certificate programs, an online version of the MBA program, an MBA in Business Analytics, and integrated courses and Doctoral programs. 

The IPM programme at IIFT-Kakinada brings together and enhances managerial and decision-making capacities among young professionals by integrating management education with STEM subjects. Pedagogy in the institute is carried out through case studies, projects, presentations, simulations, games, role-play, field visits, and industry sessions. Exposure to global issues is reflected through international exchange programs and collaborations with leading global organizations, universities, and institutions. The institute boasts a strong alumni network that connects over 10,000 professionals worldwide, providing good mentoring and networking avenues for current students.

 IIFT Advantages

  • Tough Admission Process: Only 400 students out of more than 40,000 applicants get admitted, hence providing an environment of massive competition.
  • Ranking: Continuously ranked in the top 10 business schools in India. It enhances the value of the degree.
  • Research-based Curriculum: The Institute provides a full-fledged MBA in International Business with a focus on global trade practice and international management.
  • Industrial exposure: Students engage in live projects and intercommunication with the head of industries, thus providing them real-world insight.
  • Strong Alumni Network: Over 50,000 alumni worldwide and in a strong position, including various leadership posts, which provides handsome opportunities for professional networking.
  • International Partnerships: Over 27 institutions worldwide help students acquire exchange programs and international exposure to global activities.
  • Practical Exposure: Compulsory port visits and other sites regarding trade help students apply theoretical knowledge in real-world activity practice.
  • Diverse Courses: Various programs, which include Executive MBAs, Ph.D., and certificate courses tailored for various career paths.
  • Modern Infrastructure: A high-quality library and computer labs enabled with Bloomberg terminals create a class amidst classes by further promoting academic effectiveness.
  • Campus Life: There is a wide variety of extracurricular activities, events, and fests that promote wholesome learning at the university.
Name Position
Prof. Rakesh Mohan Joshi Vice Chancellor
Prof. Vijay P. Ojha ECGC Chair Professor
Prof. Sugata Marjit Distinguished Professor
Dr. (Mrs.) D. Sunitha Raju Professor
Dr. Ram Singh Professor & Head (CDOE)
Dr. Saikat Banerjee Professor & Head (International Collaborations)
Dr. Nitin Seth Professor/Director, Indo French Centre
Dr. Sanjay Rastogi Professor & Head (Alumni Affairs)
Dr. Niti Nandini Chatnani Professor & Head (International Collaboration)
Dr. Rajendra Prasad Sharma Professor, Head (MDP, Kolkata)
Dr. Basanta K. Sahu Professor & Head (Economics Division)
Dr. Bibek Ray Chaudhuri Professor
Dr. Debashis Chakraborty Professor
Dr. Jacqueline Symss Associate Professor
Dr. Himani Gupta Associate Professor
Dr. Triptendu Prakash Ghosh Associate Professor
Dr. Sweta Srivastava Malla Professor, Head (EMP)
Dr. Ashim Raj Singla Professor & Controller of Examination

 

Name Position
Dr. Divya Tuteja Assistant Professor
Dr. Papiya Ghosh Assistant Professor
Dr. A.K. Srustidhar Chand Assistant Professor
Dr. Oindrila Dey Assistant Professor
Dr. Anirban Biswas Assistant Professor
Dr. Anchal Arora Assistant Professor
Dr. Neha Jain (Contractual) Assistant Professor
Dr. Sugandha Huria (Contractual) Assistant Professor
Dr. Taufeeq Ajaz Assistant Professor
Ms. Sonu Verma Assistant Professor

 

Courses Offered at  IIFT

Postgraduate Programs

  1. MBA in International Business
    • Duration: 2 years
  2. MBA in Business Analytics
    • Duration: 2 years
  3. MBA in International Business (Weekend Program)
    • Duration: 2 years and 6 months
  4. Executive PGDM in International Business
    • Duration: 15 months
  5. Executive PGDM in Global Human Resource Management
    • Duration: 15 month

Certificate Programs

  1. Certificate Programme in Export Import Management (CPEIM)
    • Duration: 4 months
  2. Post Graduate Certificate Programme in International Business & Finance (PGCPIBF)
    • Duration: 4 months
  3. Professional Training Programme in International Business Analytics & Market Intelligence (IBAMI)
    • Duration: 6 months

Integrated Program

  • Integrated Program in Management (IPM)
    • Duration: 5 years

Doctoral Programs

  • Ph.D. in Economics
  • Ph.D. in Management

Eligibility & Admissions

The eligibility criteria and admissions process for the Indian Institute of Foreign Trade (IIFT) are structured to ensure that candidates meet specific academic and professional standards. Here’s a detailed overview:

Eligibility Criteria

  1. Educational Qualifications
    • Bachelor’s Degree: Candidates must possess a bachelor’s degree of a minimum three years duration from a recognized university with at least 50% aggregate marks (45% for SC/ST/PwD candidates) .
    • Final Year Students: Candidates in their final year of graduation can apply, provided they have scored a minimum of 50% in the first two years of their degree (45% for reserved categories). Admission will be provisional until the graduation certificate is submitted .
  2. Age Limit
    • There is no age limit for candidates applying to IIFT .
  3. Work Experience
    • While work experience is not mandatory, it may provide additional weightage in the selection process. Candidates with managerial experience are often preferred 

Admissions Process

  1. Entrance Exam
    • Admission to the MBA programs at IIFT is primarily based on the IIFT entrance exam or the CAT score (for the 2024-26 batch) . The exam assesses various skills including quantitative aptitude, verbal ability, and general awareness.
  2. Selection Process
    • After the entrance exam, candidates are shortlisted based on their scores. The selection process typically includes:Writing Ability Test (WAT)
    • Candidates must meet both overall and sectional cut-offs to qualify for these rounds .
  3. Weightage for Selection
    • The final selection is based on a combination of factors including:Entrance exam score

Application Process

  • Candidates can apply online through the official IIFT website. The application form must be completed along with the payment of the application fee to be considered valid .
  • For Ph.D. programs, applications are accepted in offline mode, requiring candidates to clear an entrance test followed by an interview
     

Accepted Entrance Exam

  1. IIFT Entrance Exam

    • Traditionally, IIFT conducted its own entrance exam for admission to the MBA in International Business program. However, for the 2024-26 batch, the institute will not conduct this exam.
  2. CAT (Common Admission Test)

    • For the 2024-26 admissions, IIFT will accept the CAT 2023 score for domestic candidates applying for the MBA programs. This marks a significant change in the admission process, as candidates are now required to take CAT instead of the IIFT entrance exam.
  3. GMAT (Graduate Management Admission Test)

    • The GMAT score is accepted exclusively for international candidates, including NRIs and PIOs (Persons of Indian Origin), applying for the MBA in International Business program. Domestic students must appear for the CAT.
  • International/NRI/PIO Candidates: Can apply using their GMAT scores.
     

Admission and Selection Process 

Admission Process

  1. Application Submission
    • Candidates must apply online through the official IIFT website. The application period for the MBA (IB) program typically opens in late October and closes in mid-December.
  2. Entrance Exam
    • For the 2024-26 batch, admission to the MBA (International Business) program will be based on the CAT 2023 score. Earlier, IIFT conducted its own entrance exam, but this has been replaced by CAT for domestic candidates.
    • International candidates can apply using their GMAT scores.
  3. Shortlisting Criteria
    • Candidates are shortlisted based on their CAT or GMAT scores, along with other factors such as:Academic performance in Class 10 and 12

Selection Process

  1. Selection Rounds
    • Shortlisted candidates will participate in a series of assessments, including:Written Ability Test (WAT)
  2. Final Selection Criteria
    • The final selection is based on a composite score that includes:CAT/GMAT score

Fees & Scholarships at  IIFT 

Fees

Program Type Program Name Fees (INR)
MBA Programs    
  MBA in International Business (Delhi Campus) Approximately 21,77,314
MBA in International Business (Kolkata Campus) Approximately 20,97,314
MBA in Business Analytics Similar to MBA (IB) programs
Weekend MBA in International Business Around 8,75,000
Executive Programs Executive PG Diploma in International Business Approximately 4,45,000
Certificate Programs    
  Certificate in Export Import Management 75,000
Post Graduate Certificate in International Business & Finance 1,40,000
Professional Training Programme in International Business Analytics & Market Intelligence 50,000
Additional Fees Total fee includes various components (tuition, security deposit, library charges, alumni fees) Varies by program and campus
Scholarships and Financial Aid Scholarships for reserved categories (50% concession on tuition fees) Available
  Merit and need-based scholarships Varies by year and program
Application Fees Application fee for MBA (General category) 3,000
  Application fee for MBA (Reserved category) 1,500

Scholarships

1.  Need Based Scholarship Scheme

Eligibility: Students with a family income of less than ?6.00 lakh per annum.

Benefits: Subsidy on interest of education loans for 27 months from the date of taking of the loan. This scheme is not available for students admitted to the University as from the academic year 2023 onwards.

2. New Scholarship Scheme (NSS)

Eligibility: Covers 10% of students in regular full-time programs (MBA in International Business, MBA in Business Analytics, M.A. in Economics, and IPM).

Benefits: Provides a scholarship equivalent to 20% of tuition charges on means-cum-merit basis by using a weightage of 70% to family income (

3. Government of India Scholarships

Central Sector Scholarship of Top Class Education: For SC students based on parental income; full tuition and living expenses;

Central Sector Scholarship for Higher Education: For ST students, same as above;

OPJEMS Scholarship: Merit scholarship to the top MBA(IB) performer, offering ?1.5 lakh to selected candidates against an online test and interview. 

 

Placement at IIFT

IIFT (Indian Institute of Foreign Trade) has demonstrated strong placement performance in recent years, showcasing significant growth in both domestic and international packages. Here’s an overview of the placement statistics for 2023 and the ongoing trends for 2024.

Placement Overview

  • Total Recruiters: 108, including 36 new recruiters.

  • International Offers: More than 17 international positions were offered.

  • Pre-Placement Offers (PPOs): 39% of students received PPOs.

  • Highest International Package: INR 85.4 LPA.

  • Highest Domestic Package: INR 76.5 LPA, a 62% increase from the previous year.

  • Average Package: INR 29.1 LPA, reflecting a 16% increase.

  • Median Package: INR 26.5 LPA, up by 8.5%.

Last 5-year placement Statistics

Year Highest Domestic CTC Highest International CTC Average CTC Median CTC
2024 INR 76.5 LPA INR 85.4 LPA INR 29.1 LPA INR 26.5 LPA
2023 INR 75.6 LPA INR 85.4 LPA INR 27.3 LPA INR 25 LPA
2022 INR 46.5 LPA INR 80 LPA INR 25.16 LPA INR 24 LPA
2021 INR 46.45 LPA INR 75 LPA INR 21.08 LPA -
2020 INR 75 LPA - INR 20.48 LPA -

Observations

  1. Highest International Package: The highest international package remained stable at INR 85.4 LPA in 2023 and 2024. The previous peak was INR 80 LPA in 2022.
  2. Average CTC Growth: The average CTC increased steadily from INR 20.48 LPA in 2020 to INR 29.1 LPA in 2024.
  3. Placement Rates: The percentage of students receiving Pre-Placement Offers (PPOs) improved from 34% in 2022 to 39% in 2024.
  4. Recruiter Participation: The total number of recruiters grew significantly, indicating expanding interest from various industries.
  5. New Recruiters: In 2024, there were 36 new recruiters, reflecting ongoing growth in the placement ecosystem.

Top recruiters (Top Recruiters at IIFT (2024 )

Rank Recruiter
1 Amazon
2 Accenture
4 Asian Paints
5 ITC
6 Puma
7 Infosys
8 Goldman Sachs
9 Wipro
10 Capgemini
11 Adani Group

Notable Recruiters from Previous Years (2023)

Recruiter
JP Morgan Chase & Co.
Goldman Sachs
Citi Bank
Deloitte
HSBC
Bajaj Auto
Cipla
Godrej
L'Oréal

 

Campus Life at  IIFT 

IIFT campus life encourages rich synergies between academic rigours and extracurricular affairs. The campus is full of close-knit communal affairs, which gets wide in various cultural events organised by the Melange committee. These include some big-time festival events such as Quo Vadis and Advait, which witness participation from cream-of-the-crop B-schools throughout India. The students can engage in hundreds of activities, including competition sports, for instance, the Ultimate Warrior League, and intellectual debates with distinguished guest lectures by industry leaders.

 A hostel which is well-equipped provides an incubation ground for collaborative and social work. Socially, community service acquires importance due to internship schemes run by the institution with NGOs as well as fundraising drives. Being an institute that brings together a vast array of talent with ample opportunities for networking and personal growth, IIFT provides an excellent learning experience that prepares students for leadership roles in their future careers.

Campus Infrastructure

The campus infrastructure at IIFT is so designed that it supports the rich academia experience. The IIFT Delhi campus stretches to 6 acres of land and comprises all the modern, air-conditioned lecture halls equipped with the latest aids in audio-visual equipment. It has a spacious auditorium with a seating capacity of 500, multiple conference halls, and highly well-resourced computer centres.

The libraries are open 24/7 and house extensive databases, including Bloomberg terminals, catering to diverse research needs. For the convenience of students, three hostels are available providing all essential amenities such as common rooms, mess facilities, and recreational areas. Indoor games and a gym are available on campus.

Besides academic facilities, there are canteens and coffee shops on the campus where students can relax and interact. The beautiful scenario surrounding the campus near the historical Qutub Minar makes the campus a place not only productive enough for study time but also to hang around in general. In general, this infrastructure at IIFT has rightly been designed for enhancing a holistic learning environment.


Hostel Facilities

  • Accommodation: There are three hostels IIFT, which comprises two for boys and one for girls, providing 328 beds.
  • Amenities: The hostels are Wi-Fi-enabled and have water purifiers along with common rooms, recreation areas, and laundry facilities.
  • Messing: A mess facility provides healthy meals and gives a sense of community to the students.

Library

  • Size and Resources: It is one of the largest libraries in the developing world, with almost 84,000 volumes, and subscribes to 800 journals.
  • Special Collections: It houses exclusive publications of various international organisations such as FAO, IMF, OECD, and World Bank.
  • WTO Resource Centre: This caters to World Trade Organization related topics, enhancing research functionalities.
  • Access: Hostel accommodates a 24x7 Library-cum-Reading Room for students.

Sports and Fitness

  • Facilities: While campus size is limited, the availability of outside sports facilities is also very limited. Nevertheless, the IIFT offers indoor games also, such as badminton and table tennis.
  • Campus and Sports Facilities
  • Gym: The campus is well-equipped with a modern gymnasium.
  • Events: Different types of competitions make the UWL promote sportsmanship.

Safety and Security

  • Measures: The campus has full security and surveillance systems and on-site security personnel that maintain students safe and secure.
  • Emergency Services: Medical facilities are present on campus with a nurse and medical officer for initial treatment .
  • Transportation Facility
  • Shuttle Services: IIFT runs shuttle services for the students who travel between the campus and nearby locations.
  • Accessibility: This service enables easy transport from one part of the city to other parts.

Other Facilities

  • Computer Centres: There are three computer centres, equipped with the latest software facilities along with high speed internet connection
  • Cafeteria: A cafeteria, which serves snacks and beverages, also acts as a common meeting place among the students.
  • The auditorium is a multipurpose room that sits 500 and serves to host lectures, cultural activities, and so many more.
  • Campus Stores Campus stores are there to meet the everyday needs of students.

Specialized Features @  IIFT

. MBA in International Business

  • Specialisation: The MBA (IB) program emphasises international business, integrating core management principles with global perspectives.
  • Curriculum: Students engage in courses like international marketing, finance, and strategy, preparing them for the complexities of global trade.

Frequently Asked Questions

...

IIFT offers an MBA in International Business, Executive MBA, and doctoral programmes, apart from a variety of certificate courses.

Admissions follow the IIFT entrance exam and then GD and PI. One also needs to apply through an online application process and strictly adhere to all eligibility criteria.

IIFT has a good placement record where numerous recruiters from different industries visit and recruit candidates every year.

Yes, IIFT offers hostel facilities to the boys and girls with the minimum amenities such as Internet connectivity, laundry, and gym etcetera.

The average CTC of IIFT graduates has been consistently rising. In 2024, the average CTC was seen to be INR 29.1 LPA.

IIFT nurtures a sense of integration through participating in the various clubs and committees-one is culturally based, sports-related, and academically based, and therefore contributes to all-round development.

.

Banners

Add Reviews & Rate

What is it like to Course?
SUBMIT REVIEW