Visakha singh
(Blogger at Edumarz)
What is IIFT Full form?
IIFT (Indian Institute Of Foreign Trade) a deemed to be university, established in 1963, as an autonomous body under the Ministry of commerce and industry Government of India. It has been set up in three locations – Delhi, Kolkata, and kakinada.
Its main program is the Master of Business Administration in International Business (MBA-IB), making IIFT the only institute among the top 10 institutes of India to offer such programs.
By 2020 the highest placement offer made to a candidate is a whopping 75lakhs per year and the number PPO’s (Placement offers) has been on an annual rise.
Highlights
Offered Courses:
MBA in International Business (MBA-IB):
Two year MBA international business – full time.
Three year MBA international business – weekend.
Executive Programs:
Post Graduate diploma in international Business (PGDIB)
Post Graduate diploma in industrial marketing (PGDIM)
Post Graduate diploma in capital and financial markets (PGDCFM)
Masters in Economics:
A two-year full time residential masters programme with a specialization in trade and finance.
Doctoral courses:
Full time/ part time doctoral programs
Certificate Courses:
Certificate course in import and export management.
Certificate course in capital and finance markets.
Certificate course in global trades, logistics and operations.
Online Courses:
Certificate course in import and export management (Hybrid).
PG certificate in international business and finance.
Executive development program in strategies for international business.
Executive development program in global supply chain management.
Eligibility for (IIFT)
For MBA-IB Full time:-
Candidates must have a bachelor’s degree from any recognized university.
Candidates who have completed their bachelor’s or awaiting for results can also apply.
No age limit for this program.
For MBA-IB Weekend:-
Bachelor’s degree from UGC/AICTE recognized college and university and managerial work experience as of 30th June 2020.
Students must provide company sponsorship or no objection certificate for the employer.
No age limit.
Eligibility for Executive Courses
Candidates must have a PG (Post Graduate) degree/Engineering degree with minimum 50% marks from any recognized college or university and managerial work experience of minimum 3 years.
The work experience as of 31st july of the year when the course is advertised is considered.
Students must provide company sponsorship or no objection certificate for the employer.
An equitable number of seats will be reserved for SC/ST/OBC (non creamy layer)/PwD candidates as per the rule of gov of India.
Entering into IIFT
IIFT results accepted
For MBA-IB course:-
Indian Candidates – IIFT Exam
International candidates – GMAT Exam
For Managing programmes – written Entrance Test
For Doctoral programmes – written Entrance Test
IIFT Fees
Recent revised fees of IIFT Delhi, Kolkata and Kakinada is given below (2021 batch)
Delhi
IIFT Application Process
Below are the process of application for IIFT exam:-
Candidates can apply for IIFT MBA-IB course through online mode only.
Candidates can submit the application form through NTA website https://nta.ac.in/ . Any other mode of application will not be accepted.
Candidates must ensure that they submit valid email id and contact details as their own. All the details regarding their application and exam will be sent to that contact information.
Recheck all the personal details properly before submitting.
Documents needed to be ready before filling 2023 application form:
Scanned copy of passport size photograph (black and white)
Scanned copy of a signature.
Scanned copy of a category certificate
Copies of academics marksheet (10th , 12th, and graduation).
Copy of undertaking regarding the candidates who have not appeared for any other MBA entrance exam, such as CAT , XAT or any (only for foreign candidates).
Copies of official entries on passport pages.
Two letters of recommendation.
Required Document Size and Format
Admission Process Of IIFT Delhi
For MBA-IB (Full time):
Candidates are needed to appear for a test organized by IIFT or (GMAT for international students).
According to their performance in the test, students are called for essay writing, group discussion and personal interviews.
candidates are finally shortlisted for IIFT according to their GDPI.
For MBA-IB (weekend):
Students needed to submit their application form online according to the eligibility criteria mentioned above.
According to their performance in the test, students are called for essay writing, group discussion and personal interviews.
candidates are finally shortlisted for IIFT according to their GDPI.
For Executive Courses:
Candidates are selected based on their application.
Selected candidates are called for group discussion, essay writing and personal interviews.
IIFT Placements 2020
Placements of the 2020 batch witnessed a good number of foreign offers from numerous companies out of the US, Australia, Nigeria, Middle-East and Singapore. The placements also saw an instant increase from e-commerce companies.
Below are the highlights of the placements:-
Number Of Seats in IIFT 2021
No of seats available for students in IIFT 2021 will remain the same as last year. The main campuses of Delhi and Kolkata will account for 258 and 253 seats which is the same as last year.
Kakinada campus is also begin admission this year subject to approvals from UGC which is likely to offer an additional offer to candidates.
IIFT Alumni (Delhi)
Dr Anil Jain – Secretary at Ministry of Coal
Government of India
Mr Abhishek Jalan – Director Deutsche
Bank
Mr Chandru Chawla – Executive VP Cipla
Ms Anu Behari – Founder and president
Eye on India
Mr Jaideep Agarwal – Managing Director,
Goldman Sachs
Ms Manideepa Royburman – CMO, CK
Birla Hospital
Mr Manu Sawhney – CEO, ICC
Mr Mohit Malhotra – CEO, Dabur
Mr Milind Pant – CEO, Amway
Ms Monica Chadha – Executive Director,
PWC India