You are currently viewing Indian Institute of Foreign Trade (IIFT Delhi) : Highlights, Course And Fees, Eligibility, Admission Process, Selection Criteria, Ranking, Placement
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Indian Institute of Foreign Trade (IIFT Delhi) : Highlights, Course And Fees, Eligibility, Admission Process, Selection Criteria, Ranking, Placement

Indian Institute of Foreign Trade (IIFT Delhi), an elite government institution with a reputation for global trade and business, is located in Delhi. For its professors, research, and linkages to industry, IIFT Delhi has a solid reputation. The institute’s curriculum is created to help students hone their abilities in fields including finance, marketing, economics, and international trade.

The institute offers students a wealth of chances for internships, placements, and career development and has a strong alumni network. In contrast to the Indian Institute of Foreign Trade (IIFT Delhi) average package of INR 29.1 LPA in 2023, the IIFT Delhi MBA-IB fees are INR 21.77 Lakhs. By NIRF 2023, IIFT Delhi was ranked 27th, and by IIRF, it was placed 9. IIFT also has other campuses in Kolkata and Kakinada in addition to Delhi. With a concentration on international business management and strategy, IIFT has developed over time into a national university. This focus is evident in all three of the Institute’s primary activities: research, training, and education.

                                                   
In New Delhi, India, there is a top-tier autonomous public business school called the Indian Institute of Foreign Trade (IIFT). It specializes in international business and trade-related education, research, and training. The Indian Institute of Foreign Trade (IIFT) was established in 1963 by the Government of India as an autonomous institution dedicated to enhancing the country’s foreign trade management and research capabilities. Over the years, Indian Institute of Foreign Trade (IIFT Delhi) has evolved into one of India’s leading business schools, focusing on international business, trade, and related areas.

Indian Institute of Foreign Trade (IIFT Delhi) was set up to address the growing need for professionals with expertise in international business and trade. India’s economic liberalization and increasing global integration made it essential to have a specialized institution that could offer education and training in these domains. The institute was initially established in collaboration with the United Nations Conference on Trade and Development (UNCTAD). It began its operations in Delhi and Kolkata, offering training programs for professionals engaged in international trade. Eventually, IIFT expanded its academic programs to include full-fledged management education.

IIFT has its main campus in New Delhi, where it offers its flagship MBA program. The campus features modern infrastructure, state-of-the-art classrooms, a well-stocked library, research centers, and other facilities that support a conducive learning environment. Indian Institute of Foreign Trade (IIFT Delhi) is known for its research contributions in areas related to international business, trade policy, trade negotiations, and more. The institute regularly publishes research papers, reports, and studies that contribute to the understanding of global trade dynamics.

IIFT maintains close ties with the corporate sector and various international organizations. These partnerships facilitate guest lectures, industry interactions, and research collaborations that enrich students’ learning experiences. Indian Institute of Foreign Trade (IIFT Delhi) is consistently ranked among the top business schools in India, particularly in the domain of international business education. Its reputation as a specialized institution in this field has earned it recognition both nationally and internationally. the Indian Institute of Foreign Trade (IIFT Delhi) plays a crucial role in nurturing professionals with a deep understanding of international business and trade. Its history, focus, and commitment to excellence have established it as a leading institution in this specialized area of management education.

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Highlights- IIFT Delhi

Appropriates             Stats
Establishment year1963
Top accreditationsAACSB, A Grade by NAAC
Recognised byAACSB, NAAC
RankingsNIRF Ranking
Flagship coursesMBA/PGDM
Highest Placement85.4 LPA
Top RecruitersAdani Group, Cargill, Diageo, Client Associates, Edelweiss, JPMC, HSBC, Uniqlo, Flipkart
Highlights- IIFT Delhi

Programmes Offered

Two-Year MBA (International business) – Full Time

A professional approach and awareness of the global business environment are required given the evolution of international marketing on the one hand and its resultant effects on the domestic market in India on the other. The MBA in International Business is a fundamental course for creating a skilled cadre of corporate executives to fulfill the nation’s expanding demand for professionals trained in international management. A six-trimester general management program with an emphasis on international business is called the MBA (IB). The curriculum seeks to provide thorough coverage that includes all significant fields and disciplines pertinent to activities in international business. The MBA (IB) course offerings are competitive with those of some of the top international business schools in the world.

Two Year Six Months MBA (International Business)– Weekends

By making the Institute’s renowned MBA (IB) program available to working executives on the weekends, Indian Institute of Foreign Trade (IIFT Delhi) brought a new dimension to its position in the sphere of professional education with the introduction of the weekend MBA (International Business) program. In terms of course materials, this program is an exact clone of the daytime program.

Two Year Six Months MBA (International Business) – Weekends

The Five Year Integrated Program in Management (IPM) at Indian Institute of Foreign Trade (IIFT Delhi)-Kakinada intends to integrate management education with Science, Technology, Engineering, and Mathematics (STEM) in order to provide young professionals with managerial and decision-making skills. According to the New Education Policy 2020, students will be able to demonstrate problem-solving skills supported by appropriate analytical techniques and will use ethical and socially conscious judgment while analyzing business situations with early induction into the program and a rigorous and holistic curriculum. The Indian Institute of Foreign Trade will award candidates who successfully complete the course requirements of the integrated program in management the degrees of Bachelor of Business Administration (Business Analytics) after three years and Master of Business Administration (International Business) after five years. Candidates who choose to leave after completing the first three years’ requirements will get a Bachelor of Business Administration (Business Analytics) degree. According to the current MBA course structure, the first three years of the IPM program would be based on a semester system, and the latter two years would be based on a trimester system. Promotion from the BBA in Business Analytics to the MBA in International Business will depend on meeting all academic requirements in accordance with the regulations.

Executive Post Graduate Diploma Programmes

The college also offers the EPGDIB program, which is available in two formats—on-campus and a hybrid of online and on-campus—and lasts for 15 months in addition to the Indian Institute of Foreign Trade (IIFT Delhi) Executive MBA. The EPGDIB course, which offers specializations in three areas—international business, international marketing, and international finance—is created to give professionals the skills and knowledge they need to establish a strong foundation in the field of international business management and other closely related fields. The elective courses include, among others, Bond Market Analysis, Equity Market Analysis, Investment Banking, and Marketing Research, and the core courses include Accounting for Managers, Business Economics, the Global Business Environment, and Supply Chain Management.

MA (Economics) – With Specialisation in Trade and Finance

The Institute has more than 50 years of experience serving as a think tank for the Indian government.  Through commissioned research papers, it frequently provides the government with advice on matters relating to trade.  It is anticipated that the knowledge gained through these encounters and from teaching management students about applicable challenges would give the course a fresh perspective that isn’t offered in courses of a similar nature at other universities and institutions.  The students would be guided by knowledgeable instructors with experience in trade and finance to become managers and policymakers in the future.  The challenging courses offered in the program would also be extremely beneficial for students who are interested in a career in academia.

Programme For A Certificate In Export-Import Management

The program seeks to improve the operational competency of working executives of export enterprises, service agencies, and organizations like banks, insurance companies, and chambers of commerce.

Global Business Environment, International Trade Finance & Foreign Exchange Management, International Trade Operations & Export Import Documentation, International Trade Logistics, and Foreign Trade Policy and Customs Procedures are among the topics covered in the course.

PhD Programme (Management)

To promote in-depth analysis and broaden knowledge in the field of study is one of the main goals of doctoral studies. This includes having the capacity to independently apply scientific research procedures and to produce new scientific knowledge. The candidate should also be able to critically evaluate research findings and comprehend their significance in the pertinent context. Success in postgraduate study requires the ability to effectively discuss and communicate research findings. As a result, it’s critical to presume that candidates have a solid grasp of the issues, research paradigms, historical developments, theory development, and societal significance of the scientific disciplines that are relevant to their particular study field.

Admission Process

Candidates who are General/SC/ST/PH/OBC-NCL/EWS. based on a computer-based test, a group discussion, an evaluation of writing ability, and an interview.
On a chosen date, computer-based tests will be administered in 68 cities around the nation.
Candidates who have been shortlisted will be contacted for writing skills testing, group discussions/extempores, and interviews in the Indian cities of Ahmedabad, Bengaluru, Chennai, Delhi, Hyderabad, Kolkata, Lucknow, and Mumbai in the months of February and March 2024.

For Foreign National/NRI

On the basis of an interview and the General Management Aptitude Test (GMAT). The GMAT result for the MBA class of 2024–26 must have been released no earlier than 1 January 2022 and must arrive at the Institute no later than 15 March 2023. The application fee must be submitted by  March 2023.

Registration Process

Step-1: Apply for online registration using a distinct email address and phone number

Step-2: Fill out the online application and note the system-generated application number.

Step-3: Upload scanned copies of the candidate’s photo, signature, and a copy of the certificate with the category and/or subcategory indicated, as appropriate. (PwD). All files posted must be in the JPG or JPEG format.

Step-4: Pay the fee using the ICICI/PAYTM Payment Gateway using a debit card, credit card, net banking, upi, or payTM, and save the receipt as proof of payment.

Selection Criteria

Scores from the Written Ability Test (WAT), Group Discussion (GD), and Personal Interview (PI) are used to select students for the MBA program at IIFT. There are total two stages to the selection process:

Stage 1: Shortlisting

The IIFT Entrance Exam, prior Academic Performance, and diversity factors are used to shortlist candidates. The minimal score for each of the criteria used in the shortlisting process is displayed in the table below.

IIFT Test Pattern

• Multiple-choice questions make up the Indian Institute of Foreign Trade (IIFT Delhi) Entrance Test.

• The exam lasts 120 minutes.

• There are 110 multiple-choice questions in it.

• It includes questions based on quantitative analysis, verbal ability, reading comprehension, and data interpretation as well as general awareness.

Stage 2: Final Selection

Candidates selected for Stage 1 must participate in WAT, GD, and PI. Performance in these rounds will determine who is chosen in the end. Due to the present Covid 19 scenario, the Indian Institute of Foreign Trade (IIFT Delhi) Delhi MBA (IB) Admission Criteria did not include the GD and WAT rounds. For the shortlisted candidates, the institute also held online Extempore and PI sessions.

Programme Fee

The following fees apply to the MBA (IB) class of 2024–2026 who will be living in double occupancy:

CampusTotal Fee* of MBA(IB) 2022-24 ProgrammeRefundable Security extra
DelhiRs.21,77,314/-
US $ 60000 plus Rs.3,36,514/- (For NRI / Foreign National students)
Rs.10,000
KolkataRs.20,97,314/-Rs.10,000
Programme Fee

Fee includes tuition, books, the internet, medical insurance, course materials, dorm fees, board fees, and activities for students and alumni.

Students in the SC, ST, and PWD categories only receive a 50% tuition cost discount. The above-mentioned price will change depending on whether the lodging is provided for single, double, or triple occupancy.

When the offer letters are sent out, the students will be advised of the precise total cost that will be charged for the MBA(IB) 2023-25 class.

Pattern of Admission Test

The 120-minute computer-based online test is of the multiple choice objective kind and is administered in English. It typically includes questions on quantitative analysis, verbal and reading comprehension, data interpretation, and logical reasoning, as well as general awareness.

Rankings

NIRF’s assessment of the Indian Institute of Foreign Trade (IIFT Delhi) MBA program places it 24th out of 125 colleges in India in 2022 and 27th out of 125 in 2023.

India’s ranking of Indian Institute of Foreign Trade (IIFT Delhi) MBA In 2023, there were 9 out of 272 colleges in India; in 2022, there were 281 colleges. According to IIRF’s rankings, the Indian Institute of Foreign Trade (IIFT Delhi) MBA program placed ninth out of 44 colleges in India in 2023 and tenth out of 42 in 2022.

Placement

The IIFT’s 2021–2023 MBA (IB) batch’s placement drive just ended. Indian Institute of Foreign Trade (IIFT Delhi) highest domestic salary was INR 75.6 LPA, while its highest overseas salary was INR 85.40 LPA. The company’s average salary was INR 29.1 LPA. The domain of sales and marketing generated the most offers (22%) and was followed by the domain of consulting (20%). The placement effort included the participation of 180 recruiters. Adani Group, Cargill, Diageo, Client Associates, Edelweiss, and others are a few of the top recruiters.

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, JPMC, HSBC, Uniqlo, Flipkart, United Breweriesw Purchase, Nykaa, Lowe’s India, Deloitte USI, Accenture Strat, Infosys Consulting, Acuvon Consulting, Edelweiss, CRISIL etc.

What is the starting pay for an MBA from Indian Institute of Foreign Trade (IIFT Delhi)?

108 businesses came to the Indian Institute of Foreign Trade campus for the MBA IB placements for 2023.

What kinds of documentation are needed to fill out the Indian Institute of Foreign Trade (IIFT Delhi) application form?

The following files must be uploaded along with the Indian Institute of Foreign Trade (IIFT Delhi) 2024 application form by candidates

How should I complete the Indian Institute of Foreign Trade (IIFT Delhi) 2024 application?

Only the NTA-IIFT website will have access to the online Indian Institute of Foreign Trade (IIFT Delhi) exam application form for 2024. The IIFT application form cannot be completed offline.

How are the Indian Institute of Foreign Trade (IIFT Delhi) hostels in Kolkata and Delhi?

The Indian Institute of Foreign Trade (IIFT Delhi) campuses in Delhi and Kolkata have excellent dorm amenities.

Are the suggested books sufficient to cover the Indian Institute of Foreign Trade (IIFT Delhi) syllabus?

The Indian Institute of Foreign Trade (IIFT Delhi) campuses in Delhi and Kolkata have excellent dorm amenities. There are three dorms on the Delhi campus: C9, Old, and New.