The Indian Institute of Foreign Trade (IIFT)

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Online Study Notes Book

The Indian Institute of Foreign Trade IIFT Books, Lecture Notes, Important Solved Questions and Study Material

About IIFT

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:

  • A catalyst 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.

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

  • Two-year MBA (International Business), New Delhi, Kolkata, and Dar-es-Salaam
  • Three-year MBA (International Business) (Part-Time), New Delhi and Kolkata
  • Executive Masters in International Business, New Delhi
  • Certificate Programme in Export Management, New Delhi

Why Recruit @IIFT?

Selection Procedure

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.

Student Achievements

The competition culture at IIFT is very strong, backed by a strong showing in major corporate competitions over the years:

  •  CFA Global Institute Case Research Challenge, National Winners, 2011 and 2013
  •  Mahindra War Room, Winners – 2010, National Top-7, 2013 and 2014
  •  Reckitt Benckiser’s Mavericks Case Challenge, National Runner-Up, 2014
  •  Du Pont – Power of Shunya – National Winner, 2014
  •  Nokia Networks – Wipro Challenge: National Winners, 2014
  •  GE Genius – National Top 6, 2014
  •  PepsiCo Become Indra Nooyi’s Advisors – National Semi-Finalists, 2013 and 2014
Rankings

IIFT has consistently been ranked among the Top-10 B-schools in the country, by various media houses and ranking agencies.

Alumni

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.

The Curriculum & Pedagogy

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.


TWO-YEAR MBA (INTERNATIONAL BUSINESS) - FULL TIME

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.

Eligibility
  •  Recognized Bachelor’s degree of minimum 3 years’ duration in any discipline.
  •  Candidates appearing for a qualifying examination can also apply subject to submission of proof of requisite qualification by beginning of October of the year of start of the course.
  •  No age limit.
Mode of Admission
For General/SC/ST/PH/OBC candidates:
  •  On the basis of Written test, Essay write-up, Group Discussion and Interview.
  •  The Written Test is organised at Ahmedabad, Allahabad, Bangalore, Bhubaneshwar, Chandigarh, Chennai, Coimbatore, Delhi, Dehradun, Guwahati, Hyderabad, Indore, Jaipur, Jamshedpur, Kochi, Kolkata, Lucknow, Mumbai, Nagpur and Visakhapatnam.
  •  Based on marks obtained in the written test, candidates are called for Group Discussion and Interview to be held between fourth week of January and middle of February at Bangalore, Chennai, Delhi, Hyderabad, Kolkata, Lucknow and Mumbai.
For Foreign National/NRI/Children of NRI:
  •  On the basis of General Management Aptitude Test (GMAT)
  •  For MBA 2018-20, GMAT result should not have been declared before 1 January, 2016 and should be received by the Institute latest by 31 March 2018. Last date to submit the application fee is 15th February 2018.
Tuition Fee (for 2016 batch):
  •  General/OBC Category : Rs.7,60,000/- p.a.
  •  SC/ST/PH/Category : Rs.3,50,000/- p.a.
  •  Foreign National /NRI/Children of NRI US$ 27,500 p.a.
  •  Other charges (library, computer, alumni): Rs. 50,000/- for the whole course
Important Dates
  •  Release of advertisement / Availability of Brochure and application form on IIFT’s website i.e. : SECOND WEEK OF JULY
  •  Last date for receipt of application (Gen/SC/ST/PH/OBC) : FIRST WEEK OF SEPTEMBER
  •  Last date for receipt of application (NRI/FN/CNRI) : SECOND WEEK OF FEBRUARY
  •  Written examination: FOURTH SUNDAY OF NOVEMBER 10.00 am – 12.00 noon
  •  Commencement of Programme: FIRST WEEK OF JULY

 

Pattern of Admission Test

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.


TWO YEAR SIX MONTHS MBA (INTERNATIONAL BUSINESS)– WEEKENDS

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.

Duration

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
Eligibility
  •  Bachelor’s Degree from any recognized University or Institution with three-year work experience (after graduation) in managerial cadre as on 30th June of the year of the start of the Course.
  •  Company sponsorship or No Objection Certificate from the employer is required.
  •  No age limit.
Mode of Admission

Group Discussion, Essay Writing and Interview to be held at IIFT Campus, New Delhi in the month of May.

Tuition Fee & Other Charges (for 2015 batch)
  •  General/OBC Category: Rs. 7,50,000/- for the whole course
  •  SC/ST/PH Category: Rs. 3,75,00/- for the whole course.
  •  Foreign / NRI/Children of NRI US$ 25,000 for the whole course
  •  Other charges (library, computer, Alumni etc.): Rs.50,000 for the whole course
Important Dates
  •  Release of Advertisement/Availability of Brochure & application form on IIFT’s website i.e.www.iift.edu :MARCH/APRIL
  •  Last Date for sale and receipt of application : FIRST WEEK OF MAY
  •  GD/Essay Writing/Interviews:THIRD WEEK OF MAY
  •  Commencement of the Programme: FIRST WEEK OF JULY