Indian Institute of Foreign Trade (IIFT), Delhi: Highlights, Important Dates, Course And Fees
The Indian Institute of Foreign Trade (IIFT Delhi) is an elite government institution with a strong reputation in global trade and business. Located in New Delhi, it is renowned for its faculty, research, and industry linkages. The curriculum helps students enhance skills in finance, marketing, economics, and international trade.
The institute provides extensive opportunities for internships, placements, and career development and has a strong alumni network. The MBA-IB program fees are INR 21.77 Lakhs, and the average placement package in 2023 was INR 29.1 LPA. IIFT Delhi was ranked 27th by NIRF 2023 and 9th by IIRF. Other campuses include Kolkata and Kakinada.
Established in 1963 by the Government of India in collaboration with UNCTAD, IIFT was created to develop professionals with expertise in international business and trade. The institute initially operated in Delhi and Kolkata offering training programs and later expanded into full-fledged management education.
IIFT Delhi has evolved into one of India’s leading business schools, specializing in international business, trade, and related areas.
The main campus in New Delhi offers the flagship MBA program with modern infrastructure, classrooms, research centers, and a well-stocked library for academic and professional growth.
IIFT is known for its research contributions in international business, trade policy, and trade negotiations. The institute regularly publishes papers, reports, and studies contributing to global trade knowledge.
IIFT Delhi maintains close ties with corporate sectors and international organizations. These collaborations facilitate guest lectures, industry interactions, and research projects, enriching student learning experiences.
The institute consistently ranks among the top business schools in India for international business education and enjoys both national and international recognition.
Highlights
| Establishment Year | 1963 |
| Top Accreditations | AACSB, A Grade by NAAC |
| Recognized by | AACSB, NAAC |
| Rankings | NIRF Ranking |
| Flagship Courses | MBA/PGDM |
| Highest Placement | 85.4 LPA |
| Top Recruiters | Adani Group, Cargill, Diageo, Client Associates, Edelweiss, JPMC, HSBC, Uniqlo, Flipkart |
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Important Dates
| Dates | Upcoming Events |
|---|---|
| Jun ’24 | MBA/PGDM (IB-Weekend course) Essay Writing, GD & Interview (ONGOING) |
| Jul ’24 | MBA/PGDM (IB-Weekend course) Commencement of Course (TENTATIVE) |
| Aug ’24-Sep ’24 | CAT 2024 registration (TENTATIVE) |
| Oct ’24-Nov ’24 | CAT 2024 admit card download (TENTATIVE) |
| Nov ’24 | CAT 2024 exam (TENTATIVE) |
| Dec ’24 | CAT 2024 result announcement (TENTATIVE) |
Programmes Offered
Two-Year MBA (International Business) – Full Time
A six-trimester general management program focusing on international business. The curriculum covers all major areas relevant to international business operations and is competitive with top global business schools.
Two Year Six Months MBA (International Business) – Weekends
This weekend program is designed for working executives, mirroring the daytime MBA (IB) program in content and quality.
Five Year Integrated Program in Management (IPM) – Kakinada
This program integrates management education with STEM subjects, awarding BBA in Business Analytics after 3 years and MBA (IB) after 5 years.
Executive Post Graduate Diploma Programmes (EPGDIB)
Available on-campus or hybrid for 15 months, specializing in International Business, Marketing, and Finance, with core and elective courses covering accounting, economics, global business, and supply chain management.
Admission Process
For General/SC/ST/PH/OBC-NCL/EWS: Computer-based test, Group Discussion (GD), Written Ability Test (WAT), and Interview (PI) in cities like Ahmedabad, Bengaluru, Chennai, Delhi, Hyderabad, Kolkata, Lucknow, and Mumbai in Feb-Mar 2024.
For Foreign National/NRI: Based on GMAT score and interview. GMAT score must be from Jan 2022 onwards and application by Mar 2023.
Registration Process
- Apply online with a unique email and phone number.
- Fill online application and note system-generated application number.
- Upload scanned photo, signature, and category certificate in JPG/JPEG.
- Pay fee via ICICI/PAYTM gateway (debit/credit/net banking/UPI) and save receipt.
Selection Criteria
Stage 1 – Shortlisting: Based on IIFT entrance exam, academic performance, and diversity factors.
Stage 2 – Final Selection: WAT, GD, PI performance determines final admission. Online extempore and PI sessions may be held.
IIFT Test Pattern
- 120-minute computer-based online multiple-choice test in English.
- 110 questions covering Quantitative Analysis, Verbal Ability, Reading Comprehension, Data Interpretation, Logical Reasoning, and General Awareness.
Program Fee (2024-26)
| Campus | Total Fee | Refundable Security |
|---|---|---|
| Delhi | Rs. 21,77,314/- | Rs. 10,000/- |
| Kolkata | Rs. 20,97,314/- | Rs. 10,000/- |
Fees include tuition, books, internet, medical insurance, course materials, dorm fees, board fees, and activities. SC/ST/PWD students get 50% discount on tuition.
Rankings
- NIRF 2022: 24th / 125
- NIRF 2023: 27th / 125
- IIRF 2023: 9th / 44
- IIRF 2022: 10th / 42
Placements (2021-23)
- Highest International CTC: 85.4 LPA
- Highest Domestic CTC: 76.5 LPA
- Average CTC: 29.1 LPA
- Median CTC: 26.5 LPA
- Top Recruiters: Adani Group, Cargill, Diageo, Client Associates, Edelweiss, HSBC, Flipkart
- Sales & Marketing domain had 22% offers; Consulting had 20%.
- Total recruiters participated: 180
Top Recruiters
Adani Group, Cargill, Diageo, Client Associates, Edelweiss, JPMC, HSBC, Uniqlo, Flipkart, United Breweries, Nykaa, Lowe’s India, Deloitte USI, Accenture Strat, Infosys Consulting, Acuvon Consulting, Edelweiss, CRISIL, etc.
Important FAQs on IIFT Delhi
Check below some of the Frequently Asked Questions (FAQs) related to IIFT Delhi:
What is the starting pay for an MBA from IIFT Delhi?
How many companies visited IIFT Delhi for MBA IB placements in 2023?
What documents are needed for the IIFT Delhi application form?
How do I complete the IIFT Delhi 2024 application?
How are the IIFT Delhi and Kolkata hostels?
Are the suggested books sufficient for the IIFT syllabus?
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