The Indian Institute of Foreign Trade (IIFT) has made a name for itself as a unique institute, imparting knowledge through research and training in international business and trade. While it has earned a name as a pioneer in the field of international trade education, IIFT has evolved with time to develop programmes that resonate with the students and answer to global industry demands. One such programme is MBA (Business Analytics) that IIFT is set to launch for the academic year 2023-25.

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The business environment has transformed greatly. Technology, data analytics and artificial intelligence have come together to change the way organisations operate in the present world. There is a greater reliance on data and statistics to drive decision-making and increase efficiency. It offers the following benefits:

• Improve operational efficiency.

• Help understand customer needs more precisely.

• To predict future trends and help plan accordingly.

• Use the data to understand market conditions, consumer behaviour and take marketing, logistical, advertising decisions accordingly. 

IIFT offers MBA (Business Analytics), a full-time, regular, non-residential two-year degree programme, admission to which is based on an entrance examination. Here’s all you need to know about this programme.

Focus

The focus of MBA (Business Analytics) is to familiarize students with new emerging trends in the field of data analytics and help them gain an insight into how it helps decision-making at different levels. 

Eligibility

Candidates applying for MBA (Business Analytics) at IIFT must fulfil the following eligibility criteria:

• A bachelor’s degree with minimum 50% marks in aggregate or 5.0 CGPA out of 10 from a recognised institute. 

• Candidates must have studied either Mathematics or Statistics at the Graduation level. 

• Alternatively, candidates must hold B.Tech/B.E. degree in any discipline from a recognised institute with at least 50% marks in aggregate 5.0 CGPA out of 10.

• Candidates with a bachelor’s degree with a minimum 50% marks in aggregate 5.0 CGPA out of 10, with Mathematics as a subject at the 10+2 level are also eligible to apply. 

Candidates must keep the admission schedule for MBA (Business Analytics) at IIFT given below in mind:

Candidates who want to pursue MBA (Business Analytics) at IIFT must follow the steps given below:

• Fill the online application form and submit it.

• Admission is on the basis of valid CAT 2023 or GMAT score.

• After the entrance exam, candidates must also clear subsequent rounds, namely Group Discussion, Interview and other defined parameters. 

• Shortlisted candidates for second round will be called for Group Discussion and Interview to be held in March/April 2024 at different centres across the country.

IIFT offers the best infrastructure and facilities to its students to pursue MBA (Business Analytics). 

• Rigorous curriculum and a conducive environment.

• Innovative pedagogy-use of Case Studies, simulations, field visits, industry sessions to support the academic curriculum.

• Development of mathematical and statistical skills, software skills, language skills and programming skills. 

• A mandatory summer internship project, where students get an opportunity to gain real-life practical experience.

• A mandatory Social Awareness Programme (SAP) for students.

• Comprehensive viva at the end of trimester III and V.

• Students gain an international perspective and exposure through the international collaborations of IIFT with 37 universities/B-Schools throughout the world. 

IIFT gives a great platform to its students to launch successful professional careers and gain in-depth knowledge of business analytics.

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