The IIFT or the Indian Institute of Foreign Trade is one of the oldest and top B-school in India catering to international business. IIFT was set up in 1963 by the Government of India and is recognized by the Indian government to provide management education It has been receiving a very good ranking in NIRF Ranking 2023 and has secured the 23rd rank. IIFT has also been accredited ‘Grade A’ by NAAC (National Assessment and Accreditation Council) to confirm that the institution fulfills quality criteria in teaching and research.
IIFT has faculties for delivering various postgraduate programs in two centres in Delhi and Kolkata. The most popular programme is the MBA in International Business for which the institute offers a two-year full-time programme with special emphasis on international business, trade and finance, marketing, supply chain and IT. Besides, the Institute has some niche programs such as MBA in International Business (Agri-business) and MBA (International Business - International Logistics). The test that covers all the programmes of IIFT is held in December 2023, while the GD/PI rounds are conducted for the selected candidates in February-March 2024. It should also be noted that online application is normally done in September, every year. Scholarships are also provided to those candidates who deserve to have it.
Indian Institute of Foreign Trade Highlights 2024
| Feature |
Detail |
| University Short Name |
IIFT |
| Institute Type |
Deemed University |
| Established |
1963 |
| Accepted Entrance Exams |
IIFT Entrance Exam |
| Approved By |
Ministry of Commerce and Industry, Government of India |
| NAAC Grade |
YES, Grade 'A++' (as of July 2024) |
| Last Year NIRF Ranking (Management) |
9 (by Business Today), 27 (by NIRF) |
| Complete Address |
B-21/C, Qutub Institutional Area, New Delhi - 110016, India |
| Nearest Bus Stand |
Qutub Minar Bus Stand |
| Nearest Railway Station |
INA Colony Metro Station (on the Yellow Line) |
| Nearest Airport |
Indira Gandhi International Airport (IGI Airport) |
Indian Institute of Foreign Trade Eligibility Criteria 2024 (by Departments)
| Program |
Eligibility Criteria |
| 1. MBA (International Business) |
Bachelor's degree in any discipline with minimum 50% marks (45% for SC/ST/PWD) |
| 2. Executive MBA (EMBA) |
Bachelor's degree with minimum 50% marks and at least three years of managerial experience |
| 3. Ph.D. (Full-time) |
Master's degree or M.Phil with at least 55% marks (50% for SC/ST/PWD) |
| 4. Ph.D. (Part-time) |
Master's degree or M.Phil with at least 55% marks, and minimum three years of work experience (50% for SC/ST/PWD) |
| 5. MA (Economics) |
Bachelor's degree with Economics as a subject and minimum 50% marks (45% for SC/ST/PWD) |
Indian Institute of Foreign Trade Courses Details 2024
| Program Category |
Program Example |
Estimated Annual Fees (INR) |
| MBA Programs |
MBA (International Business) |
12,00,000 - 15,00,000 (estimate) |
| Other Programs |
Certificate Program in Export Management (might vary) |
1,00,000 - 2,00,000 (estimate for short-term programs) |
Indian Institute of Foreign Trade Placements by Category
| Program |
Highest Salary Package (INR) |
Average Salary Package (INR) |
| MBA (International Business) |
75,00,000 |
25,16,000 |
| Executive MBA (EMBA) |
55,00,000 |
20,00,000 |
| Ph.D. (Full-time) |
Data not typically disclosed |
Data not typically disclosed |
| Ph.D. (Part-time) |
Data not typically disclosed |
Data not typically disclosed |
| MA (Economics) |
20,00,000 |
10,00,000 |
| Certificate Program in Export-Import Management |
15,00,000 |
8,00,000 |