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Indian Institute of Foreign Trade, New Delhi

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Indian Institute of Foreign Trade, New Delhi: Admission 2024, Courses, Fee, Placements, Cutoff & Ranking

The Indian Institute of Foreign Trade (IIFT) is a prestigious business school in India, established in 1963 as an autonomous body under the Ministry of Commerce and Industry. It was granted “Deemed to be University” status in 2002 and is recognized as a Grade ‘A’ institution by the National Assessment and Accreditation Council (NAAC). IIFT is known for its focus on International Business Management and Strategy, and it offers a diverse portfolio of long-term programs catering to the needs of aspiring international business executives and mid-career professionals.

IIFT offers a wide range of programs, including MBA, MA, Executive MBA, certificate courses, PhD, and online programs. It also provides specialized courses in areas such as Sectoral Strategy for Exports.

IIFT is accredited by the Association to Advance Collegiate Schools of Business (AACSB) and has been recognized as a top business school in India. It is ranked 4th for MBA by The Times in 2023 and 27th by the National Institutional Ranking Framework (NIRF) for MBA. The institute has also received the prestigious AACSB Accreditation, placing it among the top 900+ business schools worldwide.

IIFT is known for its excellent track record of placements and alumni success. The institute has a strong reputation for providing students with valuable placement opportunities.

The main campus of IIFT is located in New Delhi, with additional campuses in Kolkata and Kakinada. The institute offers modern facilities to support the academic and extracurricular needs of its students.

Particulars Statistics
Establishment Year 1963
Campus New Delhi, India
Recognized by National Assessment and Accreditation Council (NAAC) Grade ‘A’
Rankings (as of 2023) NIRF 2023: #27 Ranking for Management Institutes category 
Collaborations  Universidad Autonoma de Madrid, Spain; The University of Leeds, United Kingdom; Bangladesh Foreign Trade Institute, Dhaka, Bangladesh; and International School of Management, Paris, France

 

Indian Institute of Foreign Trade, New Delhi: Course and Fees 2024

The Indian Institute of Foreign Trade (IIFT) is a leading business school in India that offers a range of courses in international business, trade, finance, and consulting. The institute offers a two-year MBA in International Business, a three-year weekend MBA program, a two-year MBA in Business Analytics, and an Integrated Programme in Management spanning five years. The institute also offers Executive PG Diploma and Export Management Certificate programs. The MBA in International Business is the flagship program of IIFT and costs around INR 19.5 lakhs. 

The fee for the comprehensive two-year MBA in International Business is INR 21.77 lakhs, while the Integrated Programme in Management is priced at INR 16.25 lakhs. The fee for the Certification in Capital and Financial Markets is Rs 65,000 per year.

 

FAQs on Course and Fees 2024

1. What is the fees of IIFT Delhi course?

The fees for the various courses will vary, depending on the specialization. For MBA in International Business is Rs. 21. 77 Lakhs (approx.), Integrated Programme in Management is  INR 16.25 lakhs, and Certification in Capital and Financial Markets is Rs 65,000 per year.

2. What is the fees for IIFT MBA 2024?

The fee for IIFT MBA 2024 is Rs. 21.77 lakhs (varies on the specialization). 

3. What is the form fees of IIFT?

The form fee for IIFT varies depending on the specific program. For example, the fee for each of the certificate courses (hybrid mode) offered by IIFT is mentioned as follows:

  • CPEIM: INR 75,000
  • PGCPIBF: INR 1.4 lakh
  • IBAMI: INR 50,000

 

Indian Institute of Foreign Trade, New Delhi: Admission Process and Important Dates 2024

The admission procedure for IIFT Delhi varies based on the specific program. For the MBA (IB) and MBA (BA) programs, admission is determined by the candidate’s performance in the institute’s entrance exam, followed by group discussion and personal interview rounds. In the case of the Executive PGDM and certificate programs, candidates are required to participate in group discussions and personal interviews. For Ph.D. programs, admission is decided upon a written test and an interview conducted by the institute.

To be eligible for IIFT admissions, candidates must have completed graduation with a minimum aggregate of 50%. Following a predefined admission process is important for securing admission to various courses at IIFT Delhi. The application process for certificate programs is conducted online, and candidates need to adhere to the eligibility criteria and submit their applications within the stipulated time frame.

For the MBA (IB) program, IIFT Delhi will consider CAT 2023 scores for the 2024 admission year. The admission process for the MBA (IB) program will consist of a written test, essay write-up, and GDPI round.

Important dates for Admissions 2024

  • Application Period: October 27, 2023- December 16, 2023
  • Entrance Exam Date: last week of September or first week of October 2023
  • Interview Dates: February-March 2024
  • Announcement of Results: May 2024

 

FAQs on Admission Process and Important Dates 2024

1. What is the deadline for IIFT application form 2024?

The deadline for IIFT application form 2024 was on December 16, 2023.

2. What is the last date to apply for Indian Institute of Foreign Trade?

The last date to apply for Indian Institute of Foreign Trade for 2024 admissions was on December 16, 2023.

3. What is the admission process in IIFT Delhi?

The admission process in IIFT Delhi involves filling in the application form, which was released from October 27, 2023, to December 16, 2023. Interested candidates can fill in the application online.

 

Indian Institute of Foreign Trade, New Delhi: Placements 2023

The Indian Institute of Foreign Trade (IIFT) in New Delhi witnessed a successful placement season in 2023, with the highest domestic and international packages reaching INR 76.5 LPA and INR 85.4 LPA, respectively. The average and median packages were INR 29.1 LPA and INR 26.5 LPA, respectively. A total of 108 companies participated in the placement process, reflecting the institute’s strong industry connections. The placement percentage was 100%, indicating that all the students who opted for placements were successfully placed. 

The institute’s strong performance in placements is further supported by the significant increase in the average CTC and the domestic CTC. The top recruiters included prominent companies from various sectors such as consulting, finance, sales and marketing, general management, and IT & analytics. The institute’s robust placement statistics reaffirm its position as a leading business school, offering lucrative opportunities to its students.

 

FAQs in Placements 2023

1. What is the highest package offered in IIFT Delhi 2023?

The highest domestic and international packages offered at IIFT Delhi in 2023 were INR 76.5 LPA and INR 85.4 LPA, respectively. 

2. How are placements at IIFT Delhi?

IFT Delhi boasts an outstanding placement record, achieving a 100% placement rate accompanied by a notable increase in both average and median packages. The institute engaged with 108 companies during the placement process, showcasing its robust ties with the industry and a wide-ranging pool of recruiters.

  • Total enrollment : 60
  • No. of international students : 15
  • Ranking by NIRF : 27