New Delhi, Delhi | Approved By : UGC | Estd: 2 May 1963
Are you interested in pursuing a career in international business? Look no further than the Indian Institute of Foreign Trade (IIFT), a premier business school located in Delhi, India. Founded in 1963, IIFT offers a range of courses related to foreign trade and exports, and has an excellent reputation both in India and abroad. In this article, we’ll cover everything you need to know about IIFT admission, including eligibility criteria, application process, and tips for success.
Eligibility Criteria for IIFT Admission
Before you begin the application process, it’s important to ensure that you meet the eligibility criteria for IIFT admission. The following criteria apply for the academic year 2023-2024:
Age Limit
There is no age limit for IIFT admission.
Indian Institute of Foreign Trade Educational Qualifications
Candidates must hold a recognized bachelor’s degree of at least three years duration in any discipline, with a minimum of 50% marks (45% for SC/ST/PWD candidates). Candidates who are appearing for their final year bachelor’s degree examination can also apply, provided they submit proof of requisite qualification by October 7, 2023.
Indian Institute of Foreign Trade Nationality
Both Indian and foreign nationals can apply for IIFT admission.
Indian Institute of Foreign Trade Work Experience
There is no work experience requirement for IIFT admission.
Application Process for IIFT Admission
Now that you know you meet the eligibility criteria, it’s time to start the application process. Here’s a step-by-step guide to help you through it:
Step 1: Register Online
Visit the official IIFT website (www.iift.edu) and click on the “Admissions 2023” link. Next, click on “Apply Now” and fill in the required details to register online. You will receive a confirmation email with your login credentials.
Step 2: Fill in the Application Form
Using your login credentials, log in to the IIFT admission portal and fill in the application form. You will need to provide personal and educational details, as well as upload your photograph and signature.
Step 3: Pay the Application Fee
The application fee for IIFT admission is Rs. 2,500 for General/OBC candidates and Rs. 1,000 for SC/ST/PWD candidates. You can pay the fee online using a debit card, credit card, or net banking.
Step 4: Download and Print the Application Form
After submitting the application form and paying the fee, download and print a copy of the application form for your records.
Selection Process for IIFT Admission
Once you have submitted your application, you will be shortlisted for the next stage of the selection process based on your performance in the IIFT entrance exam. The selection process consists of the following stages:
Stage 1: IIFT Entrance Exam
The IIFT entrance exam is a computer-based test that assesses candidates’ quantitative ability, logical reasoning, verbal ability, and general awareness. The exam is typically held in December, and the results are declared in January.
Stage 2: Group Discussion (GD) and Writing Skills Assessment (WSA)
Candidates who clear the entrance exam are invited for a group discussion and writing skills assessment. This stage tests candidates’ communication skills, critical thinking, and ability to work in a team.
Stage 3: Personal Interview (PI)
Candidates who perform well in the GD and WSA are called for a personal interview. This stage assesses candidates’ motivation, career goals, and overall fit for the program.
Indian Institute of Foreign Trade Final Selection
Candidates who perform well in all three stages of the selection process are offered admission to the program.
Tips for Success in IIFT Admission
Now that you know what the selection process entails, here are some tips to help you succeed in IIFT admission:
Start Early
Preparing for the IIFT entrance exam requires time and effort. Start studying early and create a study schedule to ensure you cover all the necessary topics before the exam.
Indian Institute of Foreign Trade Practice Time Management
Time management is crucial during the IIFT entrance exam, as you will have limited time to answer a large number of questions. Practice time management by taking mock tests and timing yourself.
Indian Institute of Foreign Trade Improve Your Communication Skills
Communication skills are essential for the group discussion and personal interview stages of the selection process. Improve your communication skills by reading and speaking in English, and participating in group discussions.
Indian Institute of Foreign Trade Stay Updated on Current Affairs
The general awareness section of the IIFT entrance exam and the group discussion stage require knowledge of current affairs. Stay updated on current events by reading newspapers and watching news programs.
Be Confident and Authentic
During the personal interview, be confident and authentic in your answers. Be yourself and express your genuine interest in the program and your career goals.
Indian Institute of Foreign Trade FAQs
What is the minimum educational qualification required for IIFT admission?
Candidates must hold a recognized bachelor’s degree of at least three years duration in any discipline, with a minimum of 50% marks (45% for SC/ST/PWD candidates).
Is there an age limit for IIFT admission?
No, there is no age limit for IIFT admission.
Can foreign nationals apply for IIFT admission?
Yes, both Indian and foreign nationals can apply for IIFT admission.
What is the application fee for IIFT admission?
The application fee for IIFT admission is Rs. 2,500 for General/OBC candidates and Rs. 1,000 for SC/ST/PWD candidates.
When is the IIFT entrance exam typically held?
The IIFT entrance exam is typically held in December.
If you're looking to pursue a Master's in Business Administration (MBA) degree from the Indian Institute of Foreign Trade (IIFT), then you're in the right place. This article will serve as a complete guide for all the details you need to know about the IIFT MBA admission process. From eligibility criteria to the application process and entrance exam, we'll cover it all.
Introduction to IIFT MBA Program
The Indian Institute of Foreign Trade (IIFT) is a prestigious business school in India that offers a two-year full-time MBA in International Business (IB). The program is designed to develop the skills and knowledge required to succeed in the global business environment. The IIFT MBA program has been ranked among the top 30 MBA programs in India by various ranking agencies.
Eligibility Criteria for IIFT MBA Admission
To be eligible for the IIFT MBA program, candidates must fulfill the following criteria:
Bachelor's degree of at least 3 years duration in any discipline from a recognized university
Minimum of 50% aggregate marks in graduation (45% for SC/ST/PwD candidates)
Candidates appearing for the final year of graduation can also apply
Application Process for IIFT MBA Admission
The application process for IIFT MBA admission typically starts in the month of August and ends in September. The following steps are involved in the application process:
Register online on the official IIFT website
Fill in the application form with personal, academic, and work experience details
Upload scanned copy of photograph and signature
Pay the application fee online (Rs. 2500 for General/OBC candidates and Rs. 1000 for SC/ST/PwD candidates)
IIFT MBA Entrance Exam Pattern
The IIFT MBA entrance exam is conducted in an offline mode and consists of multiple-choice questions (MCQs) from the following sections:
English Comprehension
General Knowledge and Current Affairs
Logical Reasoning
Quantitative Ability
Tips to Crack IIFT MBA Entrance Exam
To crack the IIFT MBA entrance exam, you should follow these tips:
Practice previous years' question papers and mock tests
Focus on time management and accuracy
Stay updated with current affairs and business news
Brush up your basics of mathematics and logical reasoning
Selection Process for IIFT MBA Admission
The selection process for IIFT MBA admission involves the following stages:
Shortlisting of candidates based on the entrance exam score
Group Discussion (GD) and Writing Ability Test (WAT)
Personal Interview (PI)
IIFT MBA Course Curriculum
The IIFT MBA course curriculum is designed to provide students with a comprehensive understanding of the global business environment. The following are the major subjects covered in the program:
International Marketing
International Finance
International Business Strategy
Global Supply Chain Management
Business Analytics
IIFT MBA Fee Structure
The fee structure for the IIFT MBA program is as follows:
The tuition fee for the IIFT MBA program is Rs. 19.5 lakhs for Indian students and USD 55,000 for international students. In addition to the tuition fee, students also need to pay for accommodation, mess charges, and other expenses.
Placement Statistics for IIFT MBA Graduates
The IIFT MBA program has a strong placement record, with top companies from various sectors visiting the campus for recruitment. The average salary package offered to IIFT MBA graduates is around Rs. 20 lakhs per annum, with the highest package going up to Rs. 1 crore per annum. Some of the top recruiters include Amazon, Deloitte, Goldman Sachs, HUL, ITC, and Microsoft.
Indian Institute of Foreign Trade Alumni Network and Industry Exposure
IIFT has a strong alumni network, with its graduates holding top positions in various companies across the globe. The institute also provides ample opportunities for industry exposure through guest lectures, industry visits, and internships. IIFT has collaborations with over 50 international universities and offers exchange programs for its students.
Indian Institute of Foreign Trade Frequently Asked Questions (FAQs)
What is the duration of the IIFT MBA program?
The IIFT MBA program is a two-year full-time program.
Is work experience mandatory for IIFT MBA admission?
No, work experience is not mandatory for IIFT MBA admission.
What is the age limit for IIFT MBA admission?
There is no age limit for IIFT MBA admission.
How many seats are available for the IIFT MBA program?
The total number of seats available for the IIFT MBA program is around 420.
What is the selection criteria for the IIFT MBA program?
The selection criteria for the IIFT MBA program includes an entrance exam, group discussion, writing ability test, and personal interview.
The Indian Institute of Foreign Trade was established in 1963 by the Authority of India as a self-sufficient community to help professionalize the communal remote exchange the increment and executives transfer out by developing HR, dissecting and dispersing data and directing exploration. The school pictures its future job as: