The Indian Institute of Foreign Trade (IIFT) in Delhi is one of India’s top business schools, specializing in international business education. Established in 1963, it has built a strong reputation for its MBA program in International Business (IB), with a focus on global trade, economics, marketing, and finance. IIFT offers a variety of programs, including:
- MBA in International Business (IB) – Full-time, two-year program.
- MBA in International Business (IB) – Weekend, two-year, six-month program.
- Executive Post Graduate Diploma in International Business (EPGDIB) – On-campus and hybrid formats.
Key Highlights:
- Rankings:
- NIRF (National Institutional Ranking Framework) 2023: 27th.
- IIRF 2023: 9th.
- Fees:
- The total fee for the MBA program is INR 21.77 Lakhs (for Delhi campus) with additional charges for hostels, medical insurance, and other activities.
- NRI/Foreign Nationals pay USD 60,000 plus INR 3.36 Lakhs.
- Placement:
- The highest domestic salary in 2023 was INR 76.5 LPA, and the highest international salary was INR 85.4 LPA.
- The average salary for 2023 graduates was INR 29.1 LPA.
- Top recruiters include Adani Group, Cargill, Diageo, Flipkart, JPMC, HSBC, and many others.
- Accreditation: The institute is accredited by AACSB and has been given an “A” grade by NAAC.
Application Process:
- Candidates are required to take the IIFT entrance exam, followed by the Written Ability Test (WAT), Group Discussion (GD), and Personal Interview (PI) for final selection.
- Foreign/NRI candidates are selected based on the GMAT score and interview.
Important Dates:
- The application deadline for the MBA (IB) program is 22nd November 2024.
- The exam is usually based on the CAT score.