In order to support the development of skills for India’s external trade sector, the Ministry of Commerce & Industry founded the Indian Institute of Foreign Trade (IIFT) as an independent organisation in 1963. It has effectively evolved into a distinctive establishment that disseminates information via research and training in global trade and business. In 2002, the Institute received the designation of “Deemed to be University.” IIFT was designated as a Grade “A” institution by the National Assessment and Accreditation Council (NAAC) in both 2005 and 2015. With an emphasis on international business management and strategy, IIFT has become a recognised national university throughout time. The Institute’s three main initiatives all reflect this focus: Investigation, Instructions and Education.
On November 17, 2021, the Indian Institute of Foreign Trade received the esteemed AACSB Accreditation. As a result, the IIFT is ranked among the top 900+ business schools worldwide with this accreditation.
Functions & Goals:
The following goals guided the establishment of IIFT:
- Provide professional development in contemporary management strategies that are pertinent to global trade.
- Permit the participants to understand how the various and intricate duties involved in international commerce are interrelated.
- Provide business executives with the tools they need to comprehend a wider range of trade and economic concerns.
- Do thorough study on business and trade issues that affect both domestic and international trade.
IIFT New Delhi: Programmes Offered
- MBA in Interenational Business
- MBA in Business Analytics
- Integrated Programme in Management
- Diploma in International Trade
- Executive Programmes
- MA (Economics)
- Certificate Programmes
- Doctoral Programmes
- Off-Campus Programme
- Corporate Training
- Foundation Training Programmes (ITS)
IIFT New Delhi: Fees & Eligibility
IIFT New Delhi: Eligibility Criteria
- At least three-year bachelor’s degree in any field with a minimum of 50% of the possible points [45% if the candidate is a member of the Scheduled Tribe (ST), Scheduled Caste (SC), or Persons with Disability (PWD) category].
- Applicants who want to take a qualifying exam may also apply, provided that they submit documentation of their necessary qualifications by October 7, 2023.
- Age restrictions do not apply.
IIFT New Delhi: Selection Process
Academic consistency, academic diversity, gender diversity, and work experience are combined with the results of the IIFT Written Examination, Written Ability Test (WAT), Group Discussion (GD)/Extempore, and Personal Interview (PI) to determine admission to the IIFT MBA (IB)-Full Time 2023–2025.
There will be two steps to the process, which are as follows:
Stage 1: Short-listing
Sectional cut offs and IIFT entrance exam percentiles will be used to determine which candidates are shortlisted for WAT-GD/Extempore-PI. The number of candidates to be shortlisted in accordance with the number of seats available determines the minimal cut-off percentile. Under IIFT’s gender diversity policy, the cut-off marks for female candidates in all categories are two below the real cut-off. Marks from classes X and XII will be taken into consideration in addition to the previously mentioned condition. Non-engineers may receive up to 5 points at IIFT in order to maintain class balance.
The IIFT shortlisting criteria for Stage I candidates are compiled in Table 1.
Criteria for Short listing Candidate for Stage 1:
Stage 2: (WAT-GD/Extempore-PI):
The final selection process will include additional factors such as job experience, gender diversity, academic consistency, and academic diversity in addition to the maximum weighting assigned to IIFT results. Furthermore, the candidate must show up for the following:
- Writing Ability Test (WAT): An essay on a predetermined topic must be submitted by the shortlisted candidates. The primary criteria for evaluation will be comprehension skills, clarity, and the manner in which concepts are presented and expressed.
- Group Discussion (GD): The shortlisted applicants are required to hold group discussions on a predetermined topic.
The ability of the candidate to exhibit leadership, teamwork, communication, substance, and the capacity to offer fresh perspectives on the subject will be the main criteria used for GD evaluation. - Personal Interview: Those who made the short list are required to show up for a personal interview. The candidate’s academic, extracurricular, and analytical performance are the main factors considered in the evaluation.
- The Institute maintains the right to alter the methodologies of evaluation that are announced.
Criteria for Final Selection to the MBA Programme at IIFT
Rating Points for Experience at Work:
Rating Score = (Panel score x score from the table below)
IIFT will put together the panel. The score on the panel is between 0 and 1.
IIFT New Delhi: Batch Profile 2023
IIFT New Delhi: Final Placement Highlight 2023
List of Top Recruiters
Visit the link below to learn about IIFT Kolkata: