Two-year MBA Programme in International Business
IIFT – INDIAN INSTITUTE OF FOREIGN TRADE
IIFT – INDIAN INSTITUTE OF FOREIGN TRADE
The Indian Institute of Foreign Trade (IIFT) was established in 1963 as an autonomous body under the Ministry of Commerce & Industry to contribute in the skill building for the external trade sector of India. It has come a long way to successfully develop into a unique institution involved in imparting knowledge through research and training in international business and trade. The Institute was granted “Deemed to be University” status in 2002. The National Assessment and Accreditation Council (NAAC) has recognized IIFT as Grade ‘A’ Institution in 2005 as well as in 2015. Over the years, IIFT has emerged as a national university with focus on International Business Management and Strategy, and such focus is reflected in all three major activities of the Institute: Research, Training and Education.
IIFT has collaborations with 31 Universities/ B-schools throughout the world. The key areas of collaboration with partner institutes include the following:
• Student Exchange
• Faculty Development Programme
• Training programmes/Study Tours
• Joint Research
Courses and Programmes at Indian Institute of Foreign Trade-IIFT
Ph.D. (Management) Programme at Delhi and Kolkata. · Ph.D. (Economics) Programme at Delhi and Kolkata. · Two-year MBA (International Business) at New Delhi and Kolkata. · Two-year MA (Economics – Specialization in Trade and Finance) at New Delhi and Kolkata. · Two years & six months MBA (International Business) Weekend at New Delhi and Kolkata. · Executive Post Graduate Diploma in International Business at New Delhi and Kolkata. · Executive Post Graduate Diploma in International Business (Hybrid) at Delhi. · Executive Post Graduate Diploma in International Business (On-campus) at Delhi. · Two Years MBA in International Business in collaboration with the Institute of Finance Management, Dar-es-Salaam, Tanzania · Post Graduate Certificate Programme in International Business and Finance (through TECH Mahindra). · Certificate Programme in Export Import Management: On Campus and Hybrid.
Campus and Facilities at IIFT
Located in Qutub Institutional Area, overlooking green ridge and historical Qutub Minar, the IIFT Campus is considered to be one of the finest in the country. The campus spread over 6.5 acres of land houses two academic blocks and two residential blocks for students and visiting faculty. One more residential facility for the students has been created a few steps away from the main campus. Be it the imposing structure of the “atrium”, the mystic beauty of the architectural design called “eye of the universe”, or the splendor of the campus in full bloom in winter, it never fails to impress the visitors. The campus itself is a very picturesque with artistically designed buildings and well-maintained plush gardens. The facilities available on the campus include, fully air-conditioned lecture halls with modern audio-visual aids, conference halls for round-table conferences, an auditorium of 450 seating capacity, two computer labs, indoor games, sports ground, besides excellent residential facilities for the students. The campus is fully wi-fi enabled. Another campus of the Institute spread over 5.6 acres, located at Maidan Garhi, New Delhi is also under construction and will be operationalized very soon
IIFT’s Kolkata Campus is located at the picturesque East Kolkata off EM Bypass in a sprawling area of around 7 acres. The campus is developed as a green and fully integrated campus with independent blocks for academic, administration and student living areas with all modern amenities. The campus also houses three water bodies to maintain ecological diversity with enough greenery. There are centrally air-conditioned modern lecture halls, syndicate rooms, common area, auditorium, open air theatre, common courtyard in its academic and administration blocks on exemplary designs to create a great learning environment. The campus is fully wi-fi enabled.
Starting of IIFT full time MBA(IB) programme in a rented premises at Kakinada is under consideration. Commencement of such a programme in 2021-23 will be subject to approval of UGC and other regulatory authorities of IIFT.
Number of Seats at IIFT
MBA TWO-YEAR (INTERNATIONAL BUSINESS) – FULL TIME
There are 258 seats in Delhi Campus and 253 seats in Kolkata Campus. Seats are reserved as per prescribed categories as per Government of India’s norms. The reservations are subject to candidates meeting the admission requirements of the Institute under this category.
MBA TWO-YEAR (INTERNATIONAL BUSINESS) – FULL TIME
MBA (International Business) is a six-trimester general management programme with a focus on International Business for developing a competent cadre of business executives to meet the country’s growing requirements for trained personnel in the field of International Business Management. Developments in the international market on the one hand and the consequential impact of the same on India’s domestic market on the other, call for an increasingly professional approach and sensitivity to international business environment.
Eligibility for MBA Two-Year (International Business) – Full Time
Admission Procedure (For General / Reserved category candidates)
- Recognized Bachelor’s degree of minimum 3 years’ duration in any disciplines with minimum 50% marks [45% in case of the candidates belonging to Scheduled Caste (SC), Scheduled Tribe (ST) and Persons with Disability (PWD) categories]
- Candidates appearing for a qualifying examination can also apply subject to submission of proof of requisite qualification by beginning of October of the year of start of the course.
- No age limit.
- In order to qualify as an international candidate for the purpose of applying to IIFT entrance exam, a candidate should have been (expected to be) resident outside India for a period of not less than 18 months- and be outside India during the IIFT examination window. The Indian nationals who are living, working, studying abroad should produce with application a certificate from the Indian Embassy / High Commission /Consulate of the country where the candidate is currently based, stating that the candidate has been resident in that country continuously for a period of not less than 18 months
- Foreign Nationals need to have a valid passport/travel document from a country other than India. The Foreign Nationals who are present in India at the time of IIFT entrance test are required to take the same.
- The candidate should produce Graduate Management Aptitude Test (GMAT) score
Pattern of Computer Based Test
The Computer Based Online Test is multiple choice objective type (in English) of 120 minutes. It generally consists of questions covering Quantitative Analysis, Reading Comprehension and Verbal Ability, Data Interpretation and Logical Reasoning, General Awareness.
Mode of Admission
For General/SC/ST/PH/OBC candidates:
- On the basis of Computer Based Test, Group Discussion, Writing Skills Assessment and Interview.
- Computer Based Test is organised in various cities across the country.
- Shortlisted candidates will be called for Writing Skills Assessment, Group Discussion and Interview at Ahmedabad, Bengaluru, Chennai, Delhi, Hyderabad, Kolkata, Lucknow and Mumbai.
For Foreign National/NRI:
- On the basis of General Management Aptitude Test (GMAT) and interview.
Placements at IIFT
Final Placements IIFT witnessed the Final Placements of its largest ever batch with a record of over 125 companies hosted on campus. With a staggering highest offer of Rs.75 Lakhs per year, the average package rose to Rs.20.48 LPA annually and the median increased to Rs.18.2 LPA. This year the average package saw a marginal increase despite a 14% increase in the batch size. A whopping 28% of candidates from the batch got prestigious Pre-Placement Offers from both new and old decorated recruiters after the Summer Internships. The 41 new companies which have associated with IIFT this year included some of the biggest organizations such as McKinsey & Company, Reckitt Benckiser, Star Global, Western Digital, Media.net, Axis Bank, Boston Scientific, Tata International, BEML, Virtusa, Polestar Solutions, HMS Bergbau AG, RBL Bank, Tech Mahindra, BOD Consulting, Ninjakart, Newgen Software, IGT Solutions, Gemini Solutions, Cremica, and Merilytics. In the BFSI sector, HDFC Bank and Federal Bank were among the first-time recruiters. Marquee recruiters such as Goldman Sachs, JP Morgan & Chase, D.E. Shaw, Yes Bank, Citibank, HSBC Global Banking and Markets, Epik InDifi, L&T, Indus Valley Partners and Samunnati Finance continued to show their faith in the talent pool of IIFT. In the Sales and Marketing domain, our legacy recruiters included Dabur, ITC, L’Oréal, Bajaj Auto, Shell, Pidilite, Flipkart, Amazon, Western Digital, Tata Global Beverages Limited, Philips, Signify, Tata Steel, Aditya Birla Fashion Retail Limited, Maruti Suzuki, Cremica, Dell, Epik Indifi, Games 24×7, Google, Hero Electronix, Hero MotoCorp, HT Media, L&T, Raymond, Tata Sky, Tata Consultancy Service, TVS, and Raam Group. Top recruiters in Strategy and Consulting included McKinsey & Company, Roland Berger, Bain & Company, Cognizant Business Consulting, Michael Page and Infosys Management Consulting. IIFT once again proved its mettle in Trade with prestigious recruiters like Apical Group, ETG, Olam, Tolaram, Trafigura, Enhance Group, Archer Daniels Midland, TATA International and Louis Dreyfus Company revisiting the campus and offering coveted roles in overseas locations. Shell, Ninjakart, Maersk Line, Tata Steel, Genpact and Vikram Solar were among the top recruiters or their core supply chain and operations roles. Airtel, Axis Bank, ICICI Bank, Mahindra, Flipkart and Reliance Industries continued to show their faith in IIFT for their prestigious Management Trainee Roles in the General Management Domain. The Logistics domain saw first-time associations with Delhivery and QuickRide. For the IT, Product Management and Business Development, IIFT continued its association with industry giants such as Microsoft, Go MMT, Epik Indifi, Media.net, Cognizant Business Consulting, Genpact, Ofbusiness, Polestar, Axtria, Hexaware, HCL, Tech Mahindra, IBM, Zestmoney, Wipro and Capgemini. IIFT takes this opportunity to express gratitude to its Alumni for their unrelenting support throughout the placement cycle and looks forward to for the same to continue in the upcoming drives.