FAQs About Indian Institute of Foreign Trade (IIFT)
FAQs About Indian Institute of Foreign Trade (IIFT)
1. Give some insight about IIFT
The Indian Institute of Foreign Trade (IIFT) was established in 1963 as an autonomous body under the Ministry of Commerce & Industry to contribute to the skill development for the external trade sector of India. The Institute was permitted “Deemed to be University” status in 2002. IIFT has two campuses i.e., Delhi Campus and Kolkata Campus.
Over the years, IIFT has emerged as a national university with a center of attention on International Business Management and Strategy, and such consideration is reflected in all three significant activities of the Institute: Research, Training, and Education.
2. What Are the MBA programs offered by IIFT?
• Two-year MBA (International Business) at New Delhi and Kolkata. • Two-year MBA (Business Analytics) at New Delhi. • Two years & six months MBA (International Business) Weekend at New Delhi and Kolkata.
3. What Accreditations does IIFT hold?
IIFT holds NAAC Accreditation. The National Assessment and Accreditation Council (NAAC) has admitted IIFT as a Grade ‘A’ Institution in 2005 as well as in 2015.
4. What is the selection procedure for MBA at IIFT?
- For General/Reserved candidates: • Stage 1: CAT- Common Aptitute Test (Computer Based Test) • Stage 2: Writing Skills Assessment, Group Discussion (GD)/Extempore and Personal Interview.
- For Foreign National/NRI • General Management Aptitude Test (GMAT) • Interview
5. How is the placement scenario at IIFT?
IIFT is an institution of excellence with impeccable placement records.
|
Placement details last 3 years |
||||
|
S. No |
Year |
Highest Domestic salary (Per Annum) |
Avg. Salary (Per Annum) |
|
|
1 |
2023 |
76.5 LPA |
29.1 LPA |
|
|
2 |
2022 |
46.5 LPA |
25.16 LPA |
|
|
3 |
2021 |
46.25 LPA |
21.08 LPA |
|
6. Who are Top recruiters at IIFT?
The top recruiters were Amul, Bajaj Auto, Becton Dickinson, Cipla, Asian Paints, Cargill, Diageo, Grasim, Relaxo, Samsung, TVS Motor, Accenture Strategy, Acuvon Consulting, Capgemini, Deloitte, EY, McKinsey & Co, Incedo, Infosys Consulting, HDFC Bank, HSBC Bank, ICICI Bank, IndigoEdge, Affinity Global, Barclays, Citi Bank, e Adani, Axis Bank, Fast Retailing, Flipkart, Haleon, JSW, Landmark Group, Mahindra Group, Shell, State Street and many more.
7. What is the fee for MBA (IB) Program?
The annual tuition fees for MBA(IB) 2021-23 batch is Rs. 21,77,314/- .