IIFT MBA Admission 2024: IIFT opens application for MBA Admission for the batch 2024 -2026. Candidates can apply online. The Indian Institute of Foreign Trade (IIFT) offers a 2 year full time Programme in MBA (IB) & MBA (Business Analytics). Last date to apply online is extended till 16-Dec-2023 (23: 59 hrs.)
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Presently IIFT has three campuses: IIFT Delhi, Kolkata West Bengal and Kakinada AP.
The last date to apply online is 6th December 2023 for Indian students; for Foreign Nationals/NRI application form will start from 15 January and be available till 15 March 2024.
Compare Business Schools: IIFT vs MDI Gurgaon VS XLRI vs SPJIMR
MBA(BA) programme is only being conducted at Delhi campus. IIFT will use the score of CAT 2023 or GMAT. Before 2024 Admission.
Fact Files:
| Tuition Fees | 21.77 Lakh for Delhi & 20.90 Lakh for Kolkata Campus For MBA IB;
17.16 Lakh for MBA BA |
| Full time Faculty | 74 |
| Faculty with PhD | 67 |
| Faculty with Industry Exposure | N.A |
| Average CTC last year | 29.0 LPA |
| Highest CTC last year | 85.4 LPA |
| Exam Accepted | CAT/GMAT |
| Seats | 258 in Delhi and 253 in Kolkata Campus |
IIFT Eligibility for domestic candidates:
- Recognized Bachelor’s degree of minimum 3 years’ duration in any disciplines with minimum 50% marks [45% in case of the candidates belonging to Scheduled Caste (SC), Scheduled Tribe (ST) and Persons with Disability (PWD) categories]
- Candidates appearing for a qualifying examination can also apply subject to submission of proof of requisite qualification by October 31, 2024.
- No age limit.
Eligibility For Foreign Nationals/NRI Candidates)
- Recognized Bachelor’s degree of minimum 3 years’ duration with minimum 50% marks.
- Candidates appearing for a qualifying examination can also apply subject to submission of proof of requisite qualification by 31st October 2024.
- In order to qualify as an international candidate for the purpose of applying to IIFT’s MBA (IB) Programme a candidate should have been (expected to be) resident outside India for a period of not Indian Institute of Foreign Trade less than 18 months as on 31st December 2023 and be outside India during CAT 2023 examination. The Indian nationals who are living, working, studying abroad should produce with application a certificate from the Indian Embassy/High Commission/Consulate of the country where the candidate is currently based, stating that the candidate has been resident in that country continuously for a period of not less than 18.
About IIFT: 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.
IIFT stands alone among the top B-schools of India to offer a programme in MBA in International Business. The Institute was granted the prestigious AACSB accreditation on 17th November, 2021. The National Assessment and Accreditation Council (NAAC) has recognized IIFT as Grade ‘A’ Institution in 2005 as well as in 2015.
Application Fees:
- For General / OBC-NCL, EWS Candidates Rs. 3,000
- For SC / ST / PWD / TRANSGENDER Candidates Rs. 1,500
- For Foreign Nationals / NRIs $200/ Rs. 15,000
IIFT Placements 2023: Indian Institute of Foreign Trade (IIFT) recently concluded the final Placements for the MBA IB Batch 2021 – 23. The 108 reputed recruiters across diverse domains and industries participated in placement. It witnessed an average salary of Rs. 29.1 Lakhs per annum and the median salary stood at Rs. 26.5 Lakhs per annum.
IIFT Placements 2023. 16% increase in Average Salary
The highest international salary offer stood at Rs. 85.40 Lakhs per annum, while the highest domestic CTC stood at Rs. 75.6 Lakhs per annum. The top 25% of students of the batch received an average CTC of Rs. 46.9 Lakhs per annum.
IIFT SIP MBA 2024 Batch: Indian Institute of Foreign Trade (IIFT) recently concluded the summer placements (SIP) for the 2022-24 batch of its Flagship MBA (IB) [MBA in International Business] Program. The placement cycle saw participation from 100 reputed recruiters across diverse domains and industries. This season witnessed an average stipend of 2.63 Lakhs and a median stipend at 2.50 Lakhs for a duration of 2 months, representing a noteworthy increase of 29% and 25%, respectively, over the previous edition. The highest stipend offered stood at 3.75 Lakhs while the average stipend for the top 25% of the batch soared to 3.43 Lakhs.
