The Indian Institute of Foreign Trade (IIFT) was set up in 1963 by the Government of India as an autonomous organisation to help professionalise the country's foreign trade management and increase exports by developing human resources, analysing and disseminating data and conducting research. The Institute visualises its future role as:
The Institute's portfolio of long-term programmes is diverse, catering to the requirements of aspiring International Business executives and mid-career professionals alike. These are
IIFT follows a rigorous procedure to make sure that only the crème-de-la-crème makes it to the institute. IIFT conducts its own paper-pencil based entrance examination, conducted every year on the last Sunday of November, which started off way back in 1981. Around 40,000 students write the IIFT entrance examination every year, with 1000 odd candidates being given a call for the essay-GD-PI round. Finally around 250 odd students make it to both the campuses combined, making IIFT one of the most selective institutes in the country.
The competition culture at IIFT is very strong, backed by a strong showing in major corporate competitions over the years:
IIFT has consistently been ranked among the Top-10 B-schools in the country, by various media houses and ranking agencies.
IIFT alumni have occupied enviable positions in the industry, showing strong representations across domains and industries. Quite a few of our alumni have risen fast enough to reach the CEO/Chairman/Partner designation in a lot of major multi-nationals. This is testament to the fact that IIFTians possess strong leadership skills which makes them rise to the top in a short span of time.
IIFT has one of the most rigorous curriculums and has always been the second ranked institute in India in terms of pedagogy. 1460 hours of course-work, along with regular presentations, quizzes and assignments make it one of the most intensive curriculums in the country. Courses with an international focus are offered as core courses along with a mandatory foreign language course. IIFT also hosts guest faculty from the industry as part of the curriculum. In the second year, a student takes up 10 electives. 4 in a domain gives a student a Major, while 2 in a domain gives a student a Minor. IIFT offers a Major in Finance, Marketing, Operations and Trade with Minors in Strategy and Systems.
Development in the international marketing on the one hand and the consequential impact of the same on India’s domestic market on the other, call for a professional approach and sensitivity to international business environment. The MBA (International Business) is a foundational course for developing a competent cadre of business executives to meet the country’s growing requirements for training personnel in the field of international management. MBA (IB) is a six trimester general management programme with a focus on international business. The programme aims at providing a comprehensive coverage incorporating all the important areas and disciplines relevant to international business activities. The syllabi for MBA (IB) compares favorably with the syllabi of some of the world’s best International Business Schools.
The admission test is a multiple choice objective type written test (in English). Duration of the test is two hours. It consists of questions covering ENGLISH COMPREHENSION, GENERAL KNOWLEDGE & AWARENESS, LOGICAL REASONING AND QUANTITATIVE ANALYSIS.
With the introduction of weekend MBA (International Business) programme, IIFT added a new dimension to its role in the field of professional education by making available to working executives the Institute’s well established MBA (IB) programme in the weekends. This programme is a replica of the day programme in term of course contents.
The programme runs over nine trimesters spread over three years. For the first week at the beginning of each Trimester regular classes from 9:00 am to 6:30 pm will be held at IIFT Campus in New Delhi and after that Classes will be held on every Saturdays and Sundays as per timings below:Saturday: 3:00 pm to 7:15 pm; Sunday: 9:00 am to 6:15 pm
Group Discussion, Essay Writing and Interview to be held at IIFT Campus, New Delhi in the month of May.