Indian Institute of Foreign Trade (IIFT) has announced the schedule for conducting its National Level Admission Test for MBA (IB) batch 2015-17 courses at its Delhi and Kolkata campuses. The test is proposed to be conducted on Sunday, November 23, 2014 in 20 major cities across the country.
How to apply
IIFT has given the facility of application both online as well as off line. However the last date of submission of completed application forms in either mode is September 3, 2014. Any candidate who is a graduate and can produce the proof of his qualification before October 15, 2015 is eligible to appear.
On line application
Candidates are required to visit IIFT website and register themselves with their mail id. The online form is available thereat. The form is to be filled in as per the given instructions. Further the print-out of the Form has to be taken out and the candidates are required to attach their photograph and sign the form as instructed. The print out along with the necessary enclosures has to be sent to IIFT so as to reach there on or before the last date.
Off line application
The candidates who bought the Prospectus in cash or through demand draft need to complete the enclosed Application Form and send the same in the envelope provided for the purpose to the Indian Institute of Foreign Trade, so as to reach IIFT on or before 3rd September 2014.
The last date for obtaining application by post is August 20, 2014.
Candidates should retain a photocopy of the completed form and Demand Draft for future reference.
Mode and date of test
IIFT MBA(IB) admission 2015 entrance test is a paper pencil mode multiple choice objective type written test (in English). It generally consists of questions covering English Comprehension, General Knowledge & Awareness, Logical Reasoning and Quantitative Analysis.
Test will be conducted on Nov 23, 2014 with duration of 2 hours from 10 AM to 12 noon.
Test Centres
The 20 test centres for IIFT entrance exam will comprise Ahmedabad, Allahabad, Bangalore, Bhubeneshwar, Chandigarh, Chennai, Coimbatore, Dehradun, Delhi, Guwahati, Hydrabad, Indore, Jaipur, Jamshedpur, Kochi, Kolkata, Lucknow, Mumbai, Nagpur and Visakhapatnam.
GD/PI/WAT at IIFT
Based on the marks obtained in the Written Test, candidates will be called for second phase of admission process consisting Essay Writing, Group Discussion and Interview. The GDPIWAT process for admission to IIFT is expected to be held in January/February 2015 at Bengaluru, Chennai, Delhi, Hyderabad, Kolkata, Lucknow and Mumbai.
Importance of IIFT Entrance Test
IIFT entrance test is one of the most preferred MBA entrance exams. Around 60 thousand candidates apply for admission to 200 seats of MBA (International Business) programme at IIFT. The ratio per candidate is higher than any other MBA entrance test. IIFT doesn’t accept any other score than the score of its own entrance test for domestic candidates. For NRIs and foreign nationals GMAT scores are accepted.
IIFT Fee structure
Indian Institute of Foreign Trade (IIFT) has not yet finally decided its fee structure for 2015-17 batch. The tuition fee for each participant of 2014-16 batch is Rs. 6.75 lacs per year. Since it is a 2 years programme, the total tuition fee would be Rs. 13.5 lacs. Apart from this other charges to the tune of Rs. 50 thousand towards computer facility, internet, library, alumni charges and IMF (student body) are also to be paid by the students in the first and second year. The fee can be paid in 3 installments every year.
Hostel charges at IIFT are Rs. 41 thousand and Rs. 51 thousand per year for triple and double occupancy accommodation respectively. Since MBA (IB) is a full time residential programmed all the students have to opt for hostel accommodation at IIFT.
The exact amount of tuition fee and other charges, applicable for MBA (IB) 2015-17 will be informed to the students at the time of issuing admission offer letters expected to be sent in March 2015.
IIFT is a deemed University and MBA (International Business) at IIFT is a six trimester management program me with a focus on International Business for developing a competent cadre of business executives to meet the country's growing requirements for trained personnel in the field of International Business Management. Developments in the international market on the one hand and the consequential impact of the same on India's domestic market on the other, call for an increasingly professional approach and sensitivity to international business environment. Hence MBA (IB) aims at imparting professional education and training in modern management techniques for handling international business operations in a highly dynamic and competitive environment. Special attention is given to developing proficiency in one of the three foreign languages French, Spanish and Mandarin.
Stay tuned to MBAUniverse.com for more updates on IIFT admission 2015
