The Indian Institute of Foreign Trade (IIFT) was set up in 1963 by the Government of India as an autonomous organisation to help professionalize the country's International Business by developing human resources; generating, analysing and disseminating data; and conducting research. Today, it is one of the premier Business schools in the country and its flagship programme of two year full time MBA in International Business is considered to be the best for International Business. It is a deemed university and comes directly under the Ministry of Commerce and Industry, Government of India (GOI).
The Institute visualises its future role as:
- A stimulant for new ideas, concepts and skills for the internationalisation of the Indian economy.
- The primary provider of training and research-based consultancy in the areas of international business, both for the corporate sector, Government and the students community.
- An institution with proven capability to continuously upgrade its knowledge base with a view to servicing the requirements of the Government, trade and industry through both sponsored and non-sponsored research and consultancy assignments.
An Institute with a Difference
Starting as a think tank for the Government, IIFT moved on by the 1990s to become a business school. In a few years, IIFT established itself as one of the top business schools of India with a special focus on Trade and Finance. The alumni of IIFT are front ranking executives and business leaders and have made IIFT proud with their achievements. IIFT offers 100 percent placement to its students, and the employers now come from top companies both in India and abroad.
In 2002, IIFT was also conferred the status of a Deemed University and, in its assessment by NAAC in 2015, it was accredited with an A Grade. As a university, the institute has also signed MOUs with leading institutions of the world for mutual exchange of students and teachers in the area of International Trade and Business. IIFT also runs a full-fledged MBA programme in Kolkata in tandem with the Delhi Programme. The Kolkata division has, in a few years, made its mark as a leading business school in its own right.
Backbone of the Institute: Faculty Team
As a university, the institute has three functions: teaching, research and training. While the flagship MBA programme is extremely well known both nationally and internationally, IIFT also has an expanding research programme with a Ph.D programme which now enrols business executives, teachers and professionals from all over the country. Hence, with a strong student, research and alumni base, the institute is well on its way to pushing the frontiers of knowledge while at the same time maintaining its role as a think tank for the Government through the Centre for Research on International Trade (CRIT) where studies on WTO, regional organisations and international law are regularly conducted.
The focus has always been to challenge and inspire highly talented students from diverse backgrounds and ultimately enable them to achieve their full potential in both personal and professional growth. With a balanced mix of academics, cultural, spiritual and social awareness engagements at the campus; the institute ensures a holistic development of the students thus preparing them to excel in all walks of life, heading to be business leaders of the future.
Unparalled Pedagogy for Future Leaders
Institute has always focused on constant upgradation of the academic curriculum and continuous improvement in its pedagogical features and frequent upgradation in the elective offered ensuring synergy with changing industry requirements. Constant participation in corporate live projects, corporate competitions, case studies, contribution in research projects on policy making and involvement in discussion forums and regular guest lectures from business leaders across the globe at the campus has kept IIFT students updated with changing global business scenarios and the possible challenges it brings to the international businesses
IIFT, with a keen eye on the industry and its requirements, has continuously been a torch-bearer for the students in the field of operations through a carefully designed course structure which is industry ready. The students are ably supported by professors who have stellar experience, in-depth knowledge and bring in unparalleled pedagogy.
Exceptional Placement Statistics 2018-20
- Highest Domestic Compensation Offered: INR 46,45,000
- Highest International Compensation Offered: INR 75,00,000
- Average Compensation Offered: INR 20,48,000
- Average Compensation for Top 100 Offered: INR 29,00,155
- Median Compensation Offered: INR 18,20,000
- Number of Recruiters: 125+
- New Recruiters: 41
The activities of students are confined not only to the rigor of academics but are augmented by actively engaging industry leaders for guest lectures, organizing events at the Campus, working on live projects, attempting case studies and participating in inter-college and corporate competitions. The long list of such activities undertaken, and the laurels won by the students bears a testimony to the fact that they excel in a highly competitive environment.
Stay informed, Stay ahead and stay inspired with MBA Rendezvous