The Indian Institute of Foreign Trade (IIFT) was started by the then Government of India (Ministry of Commerce and Industry) in 1963. It is an autonomous institute and is counted amongst the top B-schools in North India. It was started to professionalize the country's foreign trade management and improve exports by evolving human resources, processing data by thorough analysis and promoting research.
It is one of the few colleges in India that offer MBA in International Business programme. Apart from Master of Business Administration, IIFT also offers various diploma courses in the same field. The institute conducts its own management entrance exam basis which admissions are done.
The institute has campuses at two locations, one in the national capital – IIFT Delhi and the other is IIFT Kolkata. The most popular programme offered by IIFT is Master of Business Administration in International Business (MBA-IB). It is a highly acclaimed and unique programme. Other than this IIFT also provides few other programmes.
Programmes offered at IIFT:
|Type of Programme||Name of Programme|
|MBA in International Business (MBA-IB)||
All Indian candidates who are aiming for IIFT will have to appear for the IIFT entrance exam because a candidate’s performance majorly judged on the basis the entrance exam. Foreign candidates who wish to study at IIFT will have to apply through GMAT scores.
Entrance exam score is not the only component basis which the institute does the selection process. Being one of the premier B-schools of the nation, IIFT shortlists candidates on the basis of their overall academic performance. This includes the performance in 10th Board Examinations, 12th board examinations, graduation aggregate and work experience (if any). For executive programmes, it is mandatory for candidates to have credible work experience.
IIFT Selection Process:
|Programme||Phase 1||Phase 2|
|MBA-IB||Candidates who clear the cutoff of IIFT entrance Exam will be analyzed on the basis of their performance in individual sections. Foreign candidates will be evaluated of the basis of GMAT scores.||Those candidates who will clear the phase 1 will be called for the Essay Writing and Personal Interview. Composite scores of all the phases are considered for final selection.|
|Executive Courses||Selection is done strictly on the basis of application, past academic record and quality of work experience of a student.||Shortlisted candidates will then be evaluated on the basis of Group Discussion, Written Test and Personal Interview.|
IIFT entrance test can be divided into four sections and is a two-hour long test. To understand the pattern of the paper better refer to the table below.
IIFT Exam Pattern:
|Section||No. of Questions||Marks per question||Total marks|
|Section 1||General Awareness||26||0.50||13|
|Section 2: Part 1||English Usage||20||0.75||15|
|Section 2: Part 2||Reading Comprehension||17||1.00||17|
|Section 3||Logical Reasoning||20||1.00||20|
|Section 4: Part 1||Data Interpretation||15||1.00||15|
|Section 4: Part 2||Quantitative Aptitude||20||1.00||20|
The cutoff of IIFT varies each year and depends on the number of students who have applied for the college, highest scorer of the exam, etc. IIFT take in a diverse crowd to provide maximum exposure to its students and offer them high-paying job opportunities.