Introduction
The Indian Institute of Foreign Trade (IIFT) is one of India’s premier business schools specializing in international business and trade. Established to enhance India’s export sector by developing skilled professionals, IIFT has consistently been ranked among the top B-schools in India.
Establishment & History
IIFT was established in 1963 by the Government of India as an autonomous institution under the Ministry of Commerce and Industry. Over the years, it has evolved into a globally recognized center of excellence in international trade and business management.
Campus & Infrastructure
IIFT has campuses in New Delhi, Kolkata, and Kakinada, with state-of-the-art infrastructure, including:
- Smart classrooms with modern teaching aids
- A well-equipped library with vast collections on international trade
- Research centers focused on trade policies and global business trends
- Residential facilities for students, ensuring a vibrant campus life
- Industry-focused incubation centers for entrepreneurship and research
Selection Criteria (Admission Process)
IIFT conducts its own entrance exam for admission to the MBA (International Business) program. The selection process includes a written test, followed by a group discussion, writing skills assessment, and a personal interview.
| Component | Weightage (%) |
|---|---|
| IIFT Entrance Exam Score | 50% |
| Group Discussion (GD) | 10% |
| Writing Skills Test | 10% |
| Personal Interview (PI) | 20% |
| Academic & Work Experience | 10% |
Courses Offered
- MBA in International Business (IB) (Flagship Program)
- Executive MBA in International Business (for working professionals)
- Doctoral Program (Ph.D.) in Management and Trade
- Certificate Programs in Export-Import Management
Placement Reports
IIFT has an excellent placement record, with top recruiters from diverse sectors participating in the placement process.
| Placement Statistic | Details |
|---|---|
| Batch Size | 350+ |
| No. of Recruiters | 100+ |
| Average CTC (2024) | INR 29.1 LPA |
| Median CTC (2024) | INR 26 LPA |
| Highest CTC (Domestic) | INR 46 LPA |
| Highest CTC (International) | INR 85 LPA |
| Top Recruiters | McKinsey, BCG, Goldman Sachs, Google, TATA, ITC, EY, Deloitte |
Notable Alumni
IIFT has a strong network of alumni working in leadership roles across major MNCs, trade organizations, and government sectors.
Other Key Highlights
- Specialized focus on International Trade and Business.
- Strong industry partnerships and government collaborations.
- Global exchange programs with top international universities.
- Research-driven approach with a focus on trade and economic policies.
