The Indian Institute of Foreign Trade (IIFT) was established in 1963 as an autonomous body under the Ministry of Commerce & Industry to contribute in the skill building for the external trade sector of India. It has come a long way to successfully develop into a unique institution involved in imparting knowledge through research and training in international business and trade. The Institute was granted “Deemed to be University” status in 2002. The National Assessment and Accreditation Council (NAAC) has recognized IIFT as Grade ‘A’ Institution in 2005 as well as in 2015. Over the years, IIFT has emerged as a national university with focus on International Business Management and Strategy, and such focus is reflected in all three major activities of the Institute: Research, Training and Education.
The Indian Institute of Foreign Trade (IIFT), New Delhi, was established in 1963 as an autonomous body under the Ministry of Commerce & Industry. It is dedicated to skill-building for India's external trade sector. Over the years, the Indian Institute of Foreign Trade has developed into a renowned institution, focusing on research, training, and education in international business and trade. In 2002, it was granted the status of a deemed university. IIFT has received top accreditations, including AACSB, and has been recognized as a Grade 'A' institution by the National Assessment and Accreditation Council (NAAC).
IIFT, New Delhi, is affiliated with the Ministry of Commerce & Industry, Government of India. It has received accreditation from AACSB, which is a prestigious international accreditation for business schools. The National Assessment and Accreditation Council (NAAC) has also recognized IIFT as a Grade 'A' institution, reflecting its commitment to academic excellence and quality education. In terms of rankings, IIFT has consistently been ranked among the top management institutes in India. In the latest rankings by The Times for MBA programs, IIFT Delhi has secured the fourth position.
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Indian Institute of Foreign Trade (IIFT), New Delhi, offers a range of courses that cater to diverse career aspirations. The Indian Institute of Foreign Trade courses is the MBA in International Business (MBA-IB), a two-year full-time course providing a comprehensive understanding of international business management. For working professionals, there is the Executive Post Graduate Diploma in International Business (EPGD-IB), which offers specialized training in global trade. Additionally, IIFT provides short-term certificate programs to enhance specific skills and knowledge in areas such as export-import management and international marketing.
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Indian Institute of Foreign Trade Delhi provides a wide range of facilities to enhance the overall learning experience and well-being of its students. Some of the prominent facilities offered on campus include
Computer Labs: | The institute has well-equipped computer labs with the latest technology and software, providing students access to resources necessary for their academic and research needs. |
Sports Facilities: | IIFT Delhi recognizes the importance of sports and offers various sports facilities to promote physical fitness and extracurricular activities. Students can engage in sports such as cricket, football, basketball, badminton, and more. |
Gymnasium: | To support students' fitness goals, the campus is equipped with a modern gymnasium that offers state-of-the-art equipment and trainers to assist students in maintaining a healthy lifestyle. |
Medical Facilities: | The institute has a medical center on campus to cater to the healthcare needs of students. Trained medical professionals are available to provide primary medical assistance and attend to any health concerns. |
Cafeteria: | IIFT Delhi has a spacious and hygienic cafeteria where students can enjoy a variety of delicious and nutritious meals. The cafeteria serves as a common meeting place for students to socialize and relax. |
Library: | The well-stocked library at IIFT Delhi is a valuable resource for students, providing access to an extensive collection of books, journals, research papers, and electronic resources. It offers a quiet and conducive environment for studying and research. |
Auditorium: | The institute boasts a modern auditorium with excellent acoustics and seating capacity. It serves as a venue for seminars, workshops, guest lectures, cultural events, and various academic and extracurricular activities. |
E-Classroom: | The institute has embraced technology-enabled learning with its e-classrooms. These classrooms are equipped with digital infrastructure and interactive tools to facilitate an enhanced learning experience. |
Wi-Fi Campus: | IIFT Delhi offers a Wi-Fi-enabled campus, providing students with seamless internet connectivity across the campus. This enables easy access to online resources, research materials, and collaboration platforms. |
Hostel Facilities: | For students requiring accommodation, IIFT Delhi provides separate hostels for male and female students. The hostels offer a comfortable and secure living environment, equipped with the necessary amenities to ensure a conducive residential experience. |
These facilities at the Indian Institute of Foreign Trade, Delhi contribute to creating a vibrant and enriching campus life, fostering holistic development, and supporting the academic and personal growth of the students.
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Indian Institute of Foreign Trade in New Delhi provides admission opportunities for aspiring students seeking to pursue their MBA-IB program. The Indian Institute of Foreign Trade admission process consists of two stages. In the first stage, candidates are shortlisted based on their valid scores in the IIFT entrance exam. Shortlisted candidates then proceed to the second stage, where their overall performance in the personal interview, group discussion/extempore, writing skills assessment, work experience, academic scores, and gender diversity are evaluated. It is important for candidates to meet the eligibility criteria and submit their applications before the specified deadline to be considered for admission.
To be eligible for admission to the various programs offered by the Indian Institute of Foreign Trade, New Delhi, candidates must meet the institute's eligibility criteria. For the MBA-IB program, candidates must have graduated with at least 50% marks or be in their final year of graduation. The Indian Institute of Foreign Trade eligibility criteria for other programs, such as MA (Economics), EPGD-GHRM, EPGD-IB, certificate programs, and the doctoral program, may vary. It is advisable for prospective students to carefully review the specific eligibility requirements for the program they are interested in before applying.
Indian Institute of Foreign Trade, New Delhi conducts its own entrance exam for admission to its MBA-IB program. The entrance exam is a comprehensive test that assesses candidates' aptitude in various areas such as verbal ability and reading comprehension, quantitative analysis, data interpretation and logical reasoning, and general awareness. The exam is designed to evaluate candidates' readiness and suitability for the rigorous MBA-IB program at IIFT. Prospective applicants should prepare diligently for the entrance exam to maximize their chances of securing admission.
The cutoff marks for admission to the Indian Institute of Foreign Trade, New Delhi typically range around 122 out of 300 for the MBA-IB program. The Indian Institute of Foreign Trade cut-off may vary from year to year based on factors such as the difficulty level of the entrance exam and the number of applicants. Additionally, IIFT also sets section-wise cutoff marks for different sections of the entrance exam, including verbal ability and reading comprehension, quantitative analysis, data interpretation and logical reasoning, and general awareness. It is important for candidates to aim for a score that meets or exceeds the cutoff marks to enhance their chances of admission.
The application process for the Indian Institute of Foreign Trade, New Delhi is conducted online. Candidates interested in pursuing the MBA-IB program or other programs offered by the institute need to visit the official website and complete the online application form. They will be required to provide personal details, academic information, work experience (if applicable), and other relevant information as part of the application. It is essential to ensure that all the information provided is accurate and complete. Applicants should also pay the prescribed application fee and submit any required supporting documents within the specified deadline.
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The Indian Institute of Foreign Trade, New Delhi, provides various scholarships to eligible students as financial assistance. Indian Institute of Foreign Trade scholarships aim to support students in their academic pursuits. IIFT offers need-based scholarships based on the criteria set by the university. Additionally, students may also benefit from scholarships offered by the Government of India, such as the Central Sector Scholarship of Top-Class Education and Merit-cum-Means Based Scholarships. Other organizations may also offer scholarships, such as the Exim Bank Scholarships and OPJEMS Scholarships. Eligible students are encouraged to explore the available scholarships and apply accordingly to alleviate their financial burden.
The placement process at the Indian Institute of Foreign Trade, New Delhi, is designed to provide students with excellent career opportunities. The institute has a dedicated placement cell that facilitates interactions between students and recruiters from various industries. The recently concluded placements witnessed impressive outcomes, with the highest international package reaching INR 85.40 LPA and the highest domestic package at INR 75.6 LPA. The average package stood at INR 29.1 LPA, reflecting the institute's commitment to securing promising placements for its students. A wide range of recruiters from diverse domains, including sales and marketing, consulting, finance, and general management, participate in the placement process, offering students a platform to kick-start their professional journey.
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To create and foster a learning environment that enables participants to be leaders in international business with sensitivity towards society.
To be an Academic Center of Excellence in International Business research, training and education.