Overview
The Indian Institute of Foreign Trade (IIFT) is a premier management institution in India that specializes in international business and trade. It was established in 1963 by the Government of India as an autonomous organization to help professionalize the country’s foreign trade management and increase exports by developing human resources, analyzing and disseminating data and conducting research.
The institute offers various academic programs such as MBA (International Business), Executive Masters in International Business, Certificate Course in Export-Import Management, Ph.D. in Management and several short-term courses for executives and working professionals. The flagship MBA (IB) program is a two-year full-time residential program that is highly valued in the corporate world and has a rigorous and comprehensive curriculum covering areas such as international economics, finance, marketing, strategy, operations, and trade logistics.
The IIFT has two campuses, one in New Delhi and the other in Kolkata, and also operates a Centre for International Trade in Technology (CITT) in Bangalore. The institute has tie-ups with over 85 leading business schools across the globe and provides opportunities for student exchange programs and joint research initiatives.
The IIFT has a strong faculty team comprising experts in various fields related to international business and trade, who are actively involved in research, consulting, and training activities. The institute has also been recognized for its research work in the field of international business and trade by various reputed international organizations.
In summary, the Indian Institute of Foreign Trade is a leading management institute in India that offers specialized programs in international business and trade and has a strong reputation in the corporate world.
Courses
Master of Business Administration in International Business (MBA-IB): It is a two-year full-time residential program that provides a comprehensive understanding of the international business environment. The course curriculum covers various areas like international economics, finance, marketing, strategy, operations, and trade logistics.
Executive Post Graduate Diploma in International Business (EPGDIB): It is a 18-month part-time program that is designed for working professionals who want to enhance their knowledge and skills in the field of international business.
Executive Master of Business Administration in International Business (EMBA-IB): It is a two-year part-time program that is designed for working professionals who want to pursue higher education in international business.
Certificate Course in Export-Import Management (CEIM): It is a six-month part-time program that provides an overview of the export-import business and related regulatory frameworks.
PhD in Management: IIFT also offers a doctoral program in management, which is designed to provide advanced research training to students who want to pursue a career in academics or research.
Apart from these, IIFT also offers several short-term programs for executives and working professionals in areas like international trade, logistics, supply chain management, and export-import management.
Admission Eligibility Criteria
MBA-IB: Candidates should have a recognized bachelor’s degree of minimum three years duration in any discipline with at least 50% marks (45% for SC/ST/PwD candidates) in aggregate. Final year students can also apply.
EPGDIB: Candidates should have a recognized bachelor’s degree of minimum three years duration in any discipline with at least 50% marks (45% for SC/ST/PwD candidates) in aggregate. They should also have a minimum of three years of work experience.
EMBA-IB: Candidates should have a recognized bachelor’s degree of minimum three years duration in any discipline with at least 50% marks (45% for SC/ST/PwD candidates) in aggregate. They should also have a minimum of five years of work experience.
CEIM: Candidates should have a recognized bachelor’s degree of minimum three years duration in any discipline. There is no minimum percentage requirement.
PhD in Management: Candidates should have a recognized master’s degree in any discipline with at least 55% marks (50% for SC/ST/PwD candidates) in aggregate. Candidates who have qualified UGC NET/JRF, CSIR NET/JRF, or any other equivalent national level examination are exempted from the entrance test.
In addition to the above eligibility criteria, candidates are also required to appear for a written entrance test, followed by a group discussion, essay writing, and personal interview. The final selection is based on the candidate’s performance in these rounds, as well as their academic record and work experience.
Top reasons to join Indian Institute of Foreign Trade
Specialized Programs: IIFT offers specialized programs in international business and trade that are designed to provide students with in-depth knowledge and skills required for a successful career in this field. The flagship MBA (IB) program is highly valued in the corporate world and has a rigorous and comprehensive curriculum covering areas such as international economics, finance, marketing, strategy, operations, and trade logistics.
Reputation: IIFT has a strong reputation in the corporate world and is recognized as one of the leading management institutes in India for international business and trade. The institute has been consistently ranked among the top B-schools in India by various national and international ranking agencies.
Faculty: IIFT has a strong faculty team comprising experts in various fields related to international business and trade, who are actively involved in research, consulting, and training activities. The faculty members are highly qualified and have extensive experience in their respective fields.
Global Exposure: IIFT has tie-ups with over 85 leading business schools across the globe and provides opportunities for student exchange programs and joint research initiatives. This exposure to different cultures and business practices can help students develop a global perspective and enhance their employability.
Placement Opportunities: IIFT has a strong placement record, with its students being recruited by leading companies in India and abroad. The institute has a dedicated placement cell that provides career guidance and support to students, helping them secure job offers from reputed companies.
In summary, joining IIFT can be a great career decision for students who want to specialize in international business and trade, as it offers specialized programs, has a strong reputation, has a highly qualified faculty team, provides global exposure, and offers excellent placement opportunities.