The Indian Institute of Foreign Trade also known as IIFT is one of the top B-school in India primarily offering education in International Business. Established in 1963 by the Government of India, IIFT is approved by the All India Council for Technical Education and is accredited by NAAC with an ‘A’ grade cum grade point average of 3.59 on a 4.0 scale. It is ranked 49 by NIRF Rankings for management in 2023.
The institute provides several programs on postgraduate level which focus on international business. One of the utmost programs is the Master of Business Administration in International Business which has several significant domains such as finance, marketing, trade, and operations. IIFT provides MBA full time, MBA part time, MBA weekends and Executive MBA and finally PhD programs. MBA IB entrance exam of FMS Delhi will be held in 1st week of December, 2023and admission process will be completed by March 2024 for the academic year 2024-25. The procedure of short listing involves the tests such as a written examination, group discussion, and personal interview.
The placement cell of IIFT known as CRISIL COE International Business, prospects for placements in reputed multinationals corporates and Indian conglomerates, majorly in the field of consulting, analytics, equity research and trading streams. The highest CTC provided for the batch of 2022-24 was 55.8 lakhs per annum, with recruiters such as American Express, Citi Bank, Deloitte, Dr. Reddy’s Laboratories, HDFC Bank, ICICI Bank, ITC, Nestle, etc with over 150 companies participating. More than 86% students got placed in the period of 3 months when the course was completed. This can be underwritten by heightened premier placements year on year; the median salary rising to Rs. 22 lakhs per annum.
Indian Institute of Foreign Trade Highlights 2024
| Column |
Description |
| University Short Name |
IIFT |
| Institute Type |
Deemed University |
| Established |
1963 |
| Accepted Entrance Exams |
MBA (IB) - IIFT Entrance Exam |
| Approved By |
Ministry of Commerce & Industry, Govt. of India |
| NAAC Grade |
YES - A Grade |
| Last Year NIRF Ranking (Management) |
27th |
| Complete Address |
B-21/C, Qutub Institutional Area, New Delhi-110016 |
| Nearest Bus Stand |
Qutub Minar Bus Stand |
| Nearest Railway Station |
INA Railway Station |
| Nearest Airport |
Indira Gandhi International Airport (IGI Airport) |
| Campus Area Size |
37 Acres |
| Library Books |
Over 1,40,000 volumes |
| Total Faculty Size |
Around 70 |
| Total Student Size |
Around 450 (including all programs) |
Indian Institute of Foreign Trade Eligibility Criteria 2024 (by Departments)
| Program |
Eligibility Criteria |
| MBA (International Business) - Full Time |
- Bachelor's Degree from a recognized University (UGC) with minimum 50% marks (45% for reserved categories) - Valid CAT score |
| MBA (International Business) - Weekend Program |
- Bachelor's Degree from a recognized University (UGC) with minimum 50% marks (45% for reserved categories) - Minimum 3 years of work experience |
| Executive Education Programs (EEP) |
- Varies by program. Typically requires a Bachelor's degree and relevant work experience. |
Indian Institute of Foreign Trade Courses Details 2024
IIFT, the Indian Institute of foreign trade has a number of management programs based on international business. The largest program at BIM is the two year Master of Business Administration in International Business which encompasses the subjects such as international marketing, finance, trade, operations, etc and communication skills training. It also has one year executive MBA in International Business for the working executives with more than four years of work experience.
Besides, IIFT also has certificate programmes of short span that include International Logistics & Supply Chain Management, International Marketing Management, International Financial Management etc., which are more focused to build specialist knowledge and skills for international business careers. IIFT also provides training-services to corporates through its executive training programs.
The teaching method used in the delivery of the course includes cases, industry speakers, and role play in addition to the conventional lectures. Another factor which is proved is that good industry tie-ups ensure good placements. IIFT has two campus one in New Delhi and other in Kolkata.
Indian Institute of Foreign Trade Placements 2024
The Indian Institute of Foreign Trade (IIFT) has an excellent placement record and is recognized as one of the best management schools in the country. In 2022, the maximum salary package was up to Rs 55 lakh per annum though the median salary was Rs 22 lakh per annum. Some of the organizations that have hired candidates from IIFT are Amazon, Accenture Strategy, Deloitte, EY, Flipkart, Kearney, Mckinsey & Company, PwC, Adani Group, Reliance Industries, Tata Group and many more companies are included in the list, while the BFSI sector recruited companies are ICICI Bank, HSBC, Citibank, Standard Chartered, Axis Bank, Indus Campus placements through placement drives were as follows in the batch, 93% of the batch got placed. The institute attempts to make their students globally relevant and successfully get placed in desired organizations.
Indian Institute of Foreign Trade Placements by Category
| Course Category |
Highest Salary Package |
Average Salary Package |
| IT & Analytics |
18 LPA |
9 LPA |
| Operations and Logistics |
4 LPA |
2 LPA |
| Mature Business |
8 LPA |
3 LPA |
