IIFT MBA (IB) Admission 2024 at iift.ac.in; Last Date to Apply Extended to Dec 16, 2023; To Accept CAT 2023 Score; Check Eligibility, Fee, Placements, Admission Process

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Updated on December 9, 2023
Indian Institute of Foreign Trade has extended last date to apply till December 16, 2023, for admission to MBA (IB) Batch 2024-26. A highly ranked and high RoI MBA Institute with campuses at Delhi and Kolkata, IIFT will accept CAT 2023 exam score only and the current IIFT entrance exam is cancelled. IIFT aspirants now need to apply through CAT 2023 conducted by IIMs. IIFT offers 2 Years full time MBA (IB) and MBA (BA) program
IIFT Admission 2024

Indian Institute of Foreign Trade (IIFT) has extended the last date to apply till Decenber 16, 2023 for MBA (IB) Admission 2024. A big change in admission criteria at Indian Institute of Foreign Trade (IIFT) has been announced. IIFT will accept only CAT 2023 exam score for admission to MBA (IB) 2024-26 batch at its Delhi and Kolkata campuses and the present IIFT entrance exam conducted by National Testing Agency stands cancelled.

IIFT Admission 2024 Criteria: Latest Updates

  • IIFT MBA IB Admission 2024 is Open: Last Date - December 16, 2023
  • CAT 2023 is the Mandatory Exam for IIFT MBA (IB) Admission 2024
  • IIFT Exam is Cancelled and will No More be Conducted by NTA or by IIFT
  • IIFT Aspirants to Apply Separately for IIFT Admission 2024
  • IIFT Application Fee is Rs.3000

Announcing the significant change in its MBA (IB) admission criteria 2024, IIFT has clarified, “From Academic Year 2024-25, for admission to IIFT’s two years MBA (International Business) and MBA (Business Analytics) programmes, the Institute will consider the score of CAT 2023. Candidates will be shortlisted for the second round of the admission process i.e. WAT/Group Discussion/Extempore/Personal Interview etc. of MBA (International Business) and MBA (Business Analytics) programmes on the basis of their CAT Score and other parameters. Therefore, to take the admission to IIFT’s MBA(IB) and MBA(BA) 2024-26 programmes, it is mandatory for all the aspirants to have valid CAT 2023 score.”

It is a big step in the IIFT admission process 2024 and is a good news for CAT aspirants as they do not need to appear in any separate IIFT entrance exam. Now the IIFT aspirants had to appear in CAT 2023 to get admission opportunity in IIFT. However, you need to separately apply for IIFT admission, as they do for admission to other top Non IIM B-schools like FMS Delhi, SPJIMR Mumbai, MDI Gurgaon among others.

Offering high placements in India and abroad, IIFT is one of the most sought after destinations for MBA (IB) program. Apart from its existing Delhi and Kolkata campuses, IIFT has also launched its third campus in 2022 at Kakinada in Andhra Pradesh where it offers 5 year Integrated Programme in Management (Business Analytics & International Business). The application for IIFT admission 2024 is open and should be submitted at IIFT website IIFT.NTA.NIC.IN. with an application fee of Rs.3000/-.

Read the article below to know the key USPs of IIFT, Cut off, Fee, Placements, key changes in the IIFT Admission 2024 process and more

Table of Contents

  1. Indian Institute of Foreign Trade: Key Highlights and USPs
  2. IIFT MBA (IB): A Unique Programme
  3. IIFT MBA Fees: Offers high RoI
  4. IIFT MBA Placements 2023
  5. IIFT Intake
  6. IIFT Admission Eligibility Criteria 2024
  7. IIFT MBA (IB) Admission Criteria
  8. IIFT MBA Admission 2024: Important Dates
  9. How CAT 2023 is different from IIFT Entrance Exam conducted by NTA
  10. IIFT Campus Highlights
  11. IIFT Delhi MBA Business Analytics Programme: Eligibility, Selection Process
  12. IIFT Admission 2025

1. Indian Institute of Foreign Trade (IIFT): Key Highlights and USPs
Indian Institute of Foreign Trade (IIFT) is one of the top management institutes in India. It offers prestigious 2 years full time MBA in International Business apart from other management programs. Key USPs of IIFT include

  • 1.1 Institute of Excellence: IIFT was established in 1963 by the Government of India as an autonomous organization and as a Centre of Excellence in International Trade and Business
  • 1.2 High Ranking: IIFT is ranked # 27 among top 125 management institute in India, in the Govt. of India MHRD NIRF Rankings 2023 – Management. IIFT is ranked # 12 in MBAUniverse.com B-School Ranking 2023
  • 1.3 Accreditation: IIFT has been awarded prestigious International Accreditation from AACSB in November 2021. IIFT is also NAAC Accredited and is a Deemed to be University duly recognized by UGC.
  • 1.4 High Placements 2023: IIFT MBA Placements have a consistent record of 100% placement with high salary packages. IIFT MBA Placements 2023 registered 16% rise in average placement package which has gone up at Rs.29.10 LPA, and 62% rise in Highest domestic salary at Rs.75.60 LPA for the MBA (IB) 2021-23 batch.
  • 1.5 Top Recruiters: 108 marquee companies made offers to the students in IIFT placement 2023. Some of the top recruiters are Accenture Strategy, Deloitte Consulting, EY, Infosys, EXL, Mckinsey, Reliance, Godrej, Goldman Sachs, Google, ITC, JP Morgan Chase & Co, L’Oréal, Microsoft, Shangrila, Tata Steel, Trafigura, Wipro, ZS Associates, Dell Technologies, Citibank, Crisil, DE Shaw, HDFC Bank, HSBC among others
  • 1.6 International Exchange: As a university, IIFT has collaborations with 37 Universities/B-schools throughout the world. The key areas of collaboration with partner institutes are student exchange, faculty development programmes, training programmes, study tours, joint research among others.
  • 1.7 Accomplished Leadership: IIFT is led by Prof Satinder Bhatia as its Director and Vice Chancellor.  She is Professor of Finance and Chairperson (International Projects Division). Dr Bhatia has many years of experience as a faculty and researcher and has served in various key positions at top institutes and universities. The Secretary, Ministry of Commerce, Govt of India is the Chairman of  Indian Institute of Foreign Trade.
  • 1.8 IIFT MBA Fees offers High RoI:  IIFT MBA (IB) fee for two years is Rs. 21.77 lakhs and is under revision. IIFT fee is lower than the fee charged in the range of Rs.24 to 27 lakhs by IIM Ahmedabad, Bangalore, Calcutta, XLRI among other top B-schools but the placements are at par with these top Institutes.
  • 1.9 Catalyst to Internationalize Indian Economy: IIFT is a catalyst for new ideas, concepts and skills for the internationalization of the Indian economy. IIFT is the primary provider of training and research-based consultancy in the areas of international business, both for the corporate sector, Government and the students community.
  • 1.10 Vast Alumni Network: IIFT has a vast and growing alumni network. There are more than 50000 illustrious alumni members spread across 30+ countries. The robust alumni network provides an excellent platform for social, educational, and professional networking opportunities. IIFT has an active Alumni Committee that caters to alumni interactions and helps organize events where existing students can interact via guest lectures, seminars, meetups and reunions. Such events help strengthen a lifelong intellectual and sensitive bond among students. Aluminati is a bi-monthly newsletter.  It will soon transform into a video podcast on YouTube and facilitate IIFTians – existing and alumni – to interact and stay informed with the latest.
  • 1.11 Pedagogy Imparting Education with Business Ethics: With technology invading the simplest of activities in our lives and significantly impacting our social and environmental ecosystem, professional ethics and good business values have become an integral part of any corporate workspace. B-schools play a significant role in instilling business ethics and setting moral compasses in future managers and leaders. IIFT leaves no stone unturned in doing so. Business ethics are instilled via case studies that help students understand and act upon various challenges. It also provides a platform for its students to self-introspect and reflect on their learnings. Most importantly, the students' decision-making ability is honed, which makes them wise and ethical decision-makers.
  • 1.12 Dynamic Curriculum at Global Standard: IIFT offers a dynamic curriculum. It aims to familiarize the students with fundamental concepts of management, international business and trade. The course structure is in sync with international trade and business demand, industry requirements and expectations. It incorporates all the vital subject areas and disciplines relevant to global business, emphasizing on analytical and quantitative approach. The course is a combination of core subjects and a wide range of electives that cater to the changing dynamics of international business.

2. IIFT MBA (IB): A Prestigious & Unique Programme
The 2 years full time MBA(IB) Programme of IIFT aims at imparting professional education and training in modern management techniques for handling international business operations in a highly dynamic and competitive environment.  Since the development in the international marketing on the one hand and the consequential impact of the same on India’s domestic market on the other, call for a professional approach and sensitivity to international business environment, the MBA (International Business) is a foundational course for developing a competent cadre of business executives to meet the country’s growing requirements for training personnel in the field of international management. The specific objectives of the Programme are:

  • To familiarize the participants on the fundamental concepts of management
  • To expose the participants to the challenges in the emerging competitive business environment in an increasingly globalized world
  • To relate the management concepts to business situations and help the participants to develop analytical and decision skills so as to evolve effective national and international business strategy.
  • To develop socially responsive managers for International business and help in shaping up their personality.
  • To equip for career opportunities in International Business

2.1 IIFT MBA in International Business: Different from MBA/PGDM General
MBA (IB) is a six-trimester general management programme with a focus on international business.  The programme aims at providing a comprehensive coverage incorporating all the important areas and disciplines relevant to international business activities.  The syllabi for MBA (IB) compares favorably with the syllabi of some of the world’s best International Business Schools. IIFT Admission Cell shares with MBAUniverse.com the key distinct features of IIFT MBA (IB) programme as compared to General MBA programme, “The MBA(IB), flagship programme of the Institute, aims at imparting professional education and training in modern management techniques for handling international business operations in a highly dynamic and competitive environment. The specific objectives of the Programme are:

  • To familiarize the participants on the fundamental concepts of management
  • To expose the participants to the challenges in the emerging competitive business environment in an increasingly globalized world
  • To relate the management concepts to business situations and help the participants to develop analytical and decision skills so as to evolve effective national and international business strategy.
  • To develop socially responsive managers for International business and help in shaping up their personality.
  • To equip for career opportunities in International Business.”

3. IIFT MBA Fees
The two years MBA (IB) fees at IIFT is gradually increasing after allowing for inflation adjustment. You can expect a marginal increase in fee for MBA (IB) 2024-26 batch. In case of any high increase, IIFT may try and absorb the major incremental part.

IIFT fee includes Tuition fee, Internet, Library, Medical Insurance, Course Material, Hostel charges (Double occupancy), Boarding Charges, IMF (student body) and Alumni Activity charges. The students of SC, ST and PWD category are given 50% concession on tuition fee.

3.1 IIFT Fee Structure Campus Wise
Campus wise IIFT Fees and Fees for NRIs and Foreign Nationals is shared below for MBA (IB) 2024-26 Batch. IIFT has also clarified, “The exact amount of total fee, applicable for MBA (IB) 2024-26 batch will be informed to the students at the time of sending the offer letters.”

IIFT Campus
Fee amount (In Rupees)
IIFT Delhi
Rs. 21,77,314
IIFT Kolkata
Rs. 20, 97,314
IIFT Fees for NRI/Foreign Nationals
US$ 60,000 + Rs.336,514

The Fee is under revision

4. IIFT MBA Placements 2023 and 2022
IIFT has a consistent record of high placements since its inception and during the economic slowdown as well. Lateral and Final Placements for the IIFT class of 2021-23 saw all the participating students receiving placement offers from the top recruiters in India and abroad, across all possible business sectors.

IIFT has registered a 16% rise in average salary in Placement 2023 which has gone up at Rs.29.10 LPA from Rs.25.16 LPA last year.  The highest international package stood at Rs 85.40 Lakhs per annum, while the highest domestic CTC stood at Rs. 75.60 Lakhs per annum. The top 25% students of the batch received an average CTC Rs 46.90 LPA.

4.1 IIFT Placement 2023: Key Highlights
IIFT has been one of the most preferred hiring destinations for top recruiters in the country owing to its rigorous course curriculum and very competitive batch.  Key highlights in the IIFT Placement season 2023 are:

  • Completes 100% Placements
  • Average Salary up by 16% at Rs.29.10 LPA from Rs.25.16 LPA last year
  • Median Salary goes up to Rs.26.5 LPA from Rs.24 LPA last year
  • Highest Domestic Salary has gone up by 62% at Rs.75.6 LPA from Rs.46.50 LPA last year
  • The Highest International Salary stood at Rs 85.40 LPA
  • Average salary for Top 25% students increased at Rs. 46.9 LPA from Rs.34.3 LPA last year
  • Total Recruiters in Placements 2023 in creased to 108 from 82 last year
  • Sales & Marketing emerges as the top recruiting domain with 22% offers
  • Top Recruiters include Accenture Strategy, Deloitte Consulting, EY, Infosys, EXL, Mckinsey, Reliance, Godrej, Goldman Sachs, Google, ITC, JP Morgan Chase & Co, L’Oréal, Microsoft, Shangrila, Tata Steel, Trafigura, Wipro, ZS Associates, Dell Technologies, Citibank, Crisil, DE Shaw, HDFC Bank, HSBC

4.2 IIFT Placement 2022: Key Highlights
IIFT has been one of the most preferred hiring destinations for top recruiters in the country owing to its rigorous course curriculum and very competitive batch.  Key highlights in the IIFT MBA Placements season 2022 are:

  • Completes 100% Placements
  • Average Salary up by 19.35% at Rs.25.16 LPA from Rs.21.08 LPA last year
  • Median Salary goes up to Rs.24 LPA in Placement 2022 from Rs.20 LPA last year
  • Highest Domestic Salary stood at Rs.46.50 LPA
  • Highest International Salary stood at Rs.80 LPA
  • Average salary for Top 25% students increased at Rs 34.3 LPA
  • Total Recruiters in Placements 2022 were 82
  • Finance emerges as the top recruiting domain with 23% offers
  • Top Recruiters include Accenture Strategy, Deloitte Consulting, EY, Infosys, EXL, Mckinsey, Reliance, Godrej, Goldman Sachs, Google, ITC, JP Morgan Chase & Co, L’Oréal, Microsoft, Shangrila, Tata Steel, Trafigura, Wipro, ZS Associates, Dell Technologies, Citibank, Crisil, DE Shaw, HDFC Bank, HSBC

4.3 Top Recruiters
108 marquee companies made offers to the large batch size in IIFT placement 2023. Some of the top recruiters who recruited in different domains include Accenture Strategy, Deloitte Consulting, EY, Infosys, EXL, Mckinsey & Co, Optum Advisory, Reliance, Godrej, Goldman Sachs, Google, ITC, JP Morgan Chase & Co, L’Oréal, Microsoft, Shangrila Corporate Services, Tata Steel, Trafigura, Thoucentric, Wipro, ZS Associates, Dell Technologies, Citibank, Crisil, DE Shaw,  HDFC Bank, HSBC, ICICI Bank, State Street, Synergy Consulting, Yes Bank, Bajaj Auto, Cipla, Dabur, GSK, Paytm, RPG Group, Signify, TCPL, Asian Paints, Emami, HCCB, Mars, Axis Bank,  GPL, JSW, Narayana Health, State Street, ETG, OfBusiness, Olam Agro, Varroc, CarDekho, EPIKInDiFi, Games24X7, Google, Go-MMT, Jio Platforms, Hexaware, Nucleus Software, Searce, Unacademy, Voxco, Olam among others

5. IIFT Intake for MBA (IB)
During the past few years, IIFT has gradually increased its batch size at its Delhi and Kolkata campuses taken together. While IIFT could have admitted all the selected students, many students did not join. So, the exact number of students finally admitted at IIFT is fewer than the candidates placed in final merit list for MBA (IB) program.

5.1 Campus wise Candidates in Final Selection List in IIFT
For the MBA (IB), IIFT selects more than 700 candidates in the main list for admission at Delhi and Kolkata campuses. However, campus wise selection details are as below based on last year

IIFT Campus
No. of Selected Candidates
IIFT Delhi Campus
365 to 370
IIFT Kolkata Campus
355 to 360
Total
720 to 730

5.2 Finally Admitted Students for IIFT MBA IB
Indian Institute of Foreign Trade (IIFT) finally admits 500 to 510 students who join the flagship MBA (IB) program at IIFT Delhi and Kolkata campuses as below:

IIFT Campus
No. of Seats
IIFT Delhi Campus
258
IIFT Kolkata Campus
253
Total
511

5.2.1 IIFT Batch Profile
The IIFT Batch Profile for MBA (IB) 2022-24 batch comprises 58% students with average work experience of 20 months, 49% non engineers and good number of women students. Key highlights of IIFT Batch profile are

IIFT Batch Profile MBA (IB) 2022-24 Batch: Key Highlights

  • Total Batch Size: 419 students (Includes Delhi and Kolkata campuses)
  • 58% Students with Average Work Experience of 20 Months
  • 49% Batch with Non-Engineers
  • 30% Batch with Women Students
  • Batch comprises students from multiple Academic Disciplines

Work Experience of the Batch
The incoming MBA (IB) 2022-24 batch at IIFT comprises 58% students with professional work experience in diverse industries. Average work experience is 20 months

Read More on IIFT Batch Profile

6. IIFT Admission Eligibility Criteria 2024
IIFT Admission Eligibility criteria 2024 are shared below. The IIFT Admission Eligibility Criteria 2024 and CAT 2023 eligibility criteria are more or less same: 

6.1 IIFT Eligibility Criteria 2024 with Completed Qualification
To meet the IIFT eligibility 2024, the applicant must have obtained a recognized bachelor’s degree of minimum 3 years’ duration in any discipline with 50% marks.

6.2 IIFT Eligibility Criteria 2024 for Final Year Students of Qualifying Exam
The candidates appearing for a qualifying examination (Bachelor’s degree or equivalent) are also eligible to apply for IIFT 2024 Admission subject to submission of proof of requisite qualification by October, 2024.

6.3 Age Limit for IIFT 2024 Eligibility
IIFT Eligibility 2024 does not prescribe any minimum or maximum age limit. Accordingly, there is no age limit for IIFT admission eligibility 2024

6.4 Work Experience in IIFT 2024 Eligibility
IIFT has not prescribed any mandatory minimum work experience as a component in IIFT Eligibility Criteria 2024. Any candidate fresh with requisite qualification is included in the IIFT admission 2024 eligibility criteria. However, in the final admission process, IIFT may award some weightage to the candidates who have work experience between one year and five years.

6.5 CAT 2023 is the Mandatory Entrance Test for IIFT Admission 2024
All the aspirants who wish to apply for IIFT MBA (IB) Admission 2024, should apply and appear in CAT 2023 exam. From the year 2024, IIFT will accept only CAT exam score to shortlist the candidates for final selection round.

7. IIFT MBA (IB) Admission Criteria
IIFT MBA Admission Process for MBA-IB 2024-26 batch has following 4 steps:

  • Step-1: Submission of Application & taking CAT 2023 for IIFT Admission 2024
  • Step-2: First Stage IIFT Shortlist criteria based on CAT cut off
  • Step-3: IIFT Final Selection Round comprising Extempore, GD, PI, WAT
  • Step-4: Final Merit List Generation after completion of IIFT MBA Admission Process for IIFT Admission 2024, based on various attributes & weightages

Let us understand in detail each step of admission process

Step-1: Submission of Application & taking CAT 2023 for IIFT Admission 2024
Following are the key components of IIFT registration, application and CAT exam

1.1 Apply & Appear in CAT 2023 for IIFT Admission 2024

  • You first need to apply online for CAT 2023 by the last date at iimcat.ac.in Read Step by Step Process for CAT 2023 Registration
  • The CAT exam 2023 Registration & Application Fee is Rs.2400/- which had to be paid online only. For reserved category candidates the application fee was Rs.1200/-.
  • CAT 2023 registration process has closed on September 21, 2023 with 3.30 lakh candidates applying for CAT exam

CAT home page

1.2 Apply for IIFT Admission 2024
The next step is to apply separately for MBA (IB) Admission 2024 at IIFT website by making online payment of IIFT application fee.

iift

1.3 How to Fill IIFT Application Form: Step by Step Process
Following are the key guidelines and step by step process to fill IIFT Application Form 2024:

iift admisston

1.4 IIFT Application Form Fees to Apply for Admission 2024
Category wise IIFT application fees is as below:

Category of IIFT Applicant
Application Fees
General/EWS/OBC etc
Rs.3000
PwD/SC/ST/Transgender
Rs.1500

Step-2: IIFT Shortlist Criteria for IIFT Admission 2024: Will Shortlist 2800+ Candidates
After the CAT 2023 exam result is declared by National Testing Agency, IIFT shortlists more than 3000 candidates who have applied for IIFT admission 2024 and have appeared in the CAT exam. 3948 candidates were shortlisted by IIFT for final selection round for admission 2023-25 batch. The ratio of shortlisted candidates to the IIFT MBA seats is roughly 1:4. Following are the key parameters which will be used in IIFT Shortlist criteria for IIFT admission 2024

IIFT Shortlist: Components and Weightage
Following weightage will be awarded to different components during IIFT shortlisting process for final selection round 2024.

Components
Weightage Score Percentage
CAT 2023 Exam Score
73%
Class X Marks
10%
Class XII Marks
10%
Academic Diversity (Only for Candidates with Non-Engg background)
  5%
Gender Diversity (Only for Female Candidates)
  2%
Total
100%

Step-3: Final Selection Criteria in IIFT Admission Process 2024
Final Selection Round in IIFT Admission Process 2024 will consist of following components and weightages

3.1: Extempore, GD, WAT & PI

  • The candidates short listed based on CAT 2023 exam score, will be called for Essay Writing Test, Extempore, Group Discussion and Personal Interview to be held in February/March 2024 at Ahmedabad, Bengaluru, Chennai, Delhi, Hyderabad, Kolkata, Lucknow and Mumbai.
  • CAT scores, academic consistency, academic diversity, gender diversity, work experience will be used for final selection

3.2: Evaluation process for WAT, Extempore and PI

  • Writing Ability Test (WAT): The shortlisted candidates have to submit an essay on a given topic. The evaluation will be mainly based on clarity and ability to comprehend and the technique of presentation and expression of ideas
  • Extempore: The shortlisted candidates have to speak on a given topic. The evaluation of Extempore will be on the ability of the candidate to demonstrate communication skills, content and ability to give new insights on the topic.
  • Personal Interview: The shortlisted candidates have to appear for personal interview. The evaluation is based on academic, extra curricular and analytical performance of the candidate

Step-4: Merit List Generation in IIFT Admission Process 2024: Final Admission Offer
After completion of Extempore-PI-WAT process, final merit list will be generated in April 2024 based on following parameters:

4.1: Merit List Components & Weightage

Final Selection Parameter
Percentage of Weightage
Remarks
CAT 2023 Exam score
 45
Based on sectional & overall performance in IIFT entrance exam
WAT
 10
Evaluation based on clarity and ability to comprehend and the technique of presentation and expression of ideas
Extempore
 10
Evaluation based on the ability to demonstrate leadership skills, team player skills, communication
PI
 20
Evaluation is based on academic, extra curricular and analytical performance
Gender Diversity
Female=2; Male=0
Applicable for Women candidates only
Academic Diversity
Non-Engg=2; Engg=0
All Non-Engg graduation programmes
Work Experience
   3
Work Ex.within 2 years to 3 years
Academic Consistency
   8
Class 10=4; Class 12=4
Total
100
 

In case of any change, it will be notified on IIFT website

4.2: Final Selection Cut offs as applied by IIFT for MBA-IB 
Last year NTA conducted IIFT entrance exam. Category-wise cut-off of last selected candidate in main list for admission to MBA (IB) was as under :-

Category
IIFT Cut off in Final Merit List Generation
General
52.75
General-EWS
47.75
OBC-NCL
47.75
SC
42.75
ST
42.75
PwD
42.75
Kashmiri Migrants/Non-Migrants  
53.67

Source: IIFT 2022-24 batch

8. IIFT MBA Admission 2024: Important Dates
IIFT 2024 MBA (IB) Admission important dates are as below:                                                 

IIFT Admission 2024 Time Line
Key Dates
IIFT Switches & Announces to accept CAT 2023 Score
August 10, 2023
CAT 2023 Application Dates
August 2 to September 21, 2023
IIFT Application Dates
October 27 to December 16, 2023
CAT 2023 Application Fee
Rs.2400/- for General/OBC category
Rs.1200/- for SC/ST/PwD/Transgender
IIFT Application Fees
Rs.3000
CAT 2023 Exam date
Sunday, November 26, 2023
IIFT Shortlist release
January 2024 last week
IIFT Extempore-GD-PI-WAT Round Dates
March-April 2024
Final Admission Offer
1st week of July 2024

9. How CAT 2023 is different from IIFT Entrance Exam earlier conducted by NTA
If we compare CAT Vs IIFT exam, following 10 key differences are there

Exam Components
CAT 2023
IIFT Entrance conducted by NTA
Exam Date
Fixed, Last Sunday of November
Keeps on Changing from December first week to last week
Duration
2 hours
2 hours
Total Questions
66
110
No. of Sections
  3
  4
Name of Sections
VARC, DILR, QA
VARC, QA, DILR, GK
Scoring Pattern
Uniform, 3 Marks for right answer
Varying, from 1.5 Mark to 3 Marks for right answer
Negative Marking
-1 (33%) for wrong answer
- 0.75 to -1 (33%) for wrong answer
Type of Questions
MCQs & Non-MCQs
MCQs
No Penalty Questions
25-28 Percent
None
Maximum Score
198
300

9.1 IIFT Admission Tests so far: Used to Delay the Selection Process

  • Prior to 2019, IIFT used to conduct its own entrance exam comprising 5-6 sections and varying scoring pattern immediately after CAT exam latest by December first week
  • From 2019 to 2022, National Testing Agency (NTA) conducted IIFT entrance exam with 4 sections and 110 questions which was conducted as late as in December and the result was sometimes declared in January third/last week
  • IIFT Admission 2024 will be based on CAT 2023 score. CAT exam date is November 26, 2023 and the result is declared in the first week of January or last week of December. Last year CAT 2022 result was declared as early as on Dec 21, 2022. The early declaration of CAT result will help IIFT to timely release its shortlist and complete the final selection process much early as against the present trend of lingering on till May/June  

10. IIFT Campus Highlights
Brief Details of IIFT campuses and infrastructure facilities are shared below:

10.1 IIFT Delhi Campus

  • IIFT Delhi has two campuses one is located in Qutub Institutional Area overlooking green ridge and historical Qutub Minar
  • The strategic location of the campus gives students access to various MNCs located in Delhi SEZ and Gurugram
  • Another campus of IIFT, spread over 5-6 acres, is located at Maidan Garhi, New Delhi. It is under construction and will be operational soon.
  • The Delhi campus of IIFT is picturesque with artistically designed buildings and well-maintained plush gardens
  • Delhi campus is spread over 6.5 acres of land and houses two academic blocks and two residential blocks for students and visiting faculty
  • Facilities available on the IIFT Delhi campus include, fully AC Lecture halls with audio-visual aids, conference halls for round-table conferences, Auditorium of 450 seating capacity, two computer labs, indoor games, sports ground and residential facilities for the students.
  • IIFT Delhi campus is fully wi-fi enabled

10.2 IIFT Kolkata Campus

  • IIFT Kolkata campus is located in its own premises in East Kolkata off EM Bypass in an area of 7 acres.
  • The campus is developed as a green and fully integrated campus with independent blocks for academic, administration and student living areas with all modern amenities.
  • Kolkata campus houses three water bodies to maintain ecological diversity with enough greenery.
  • The campus consists of centrally air-conditioned modern lecture halls, syndicate rooms, common area, auditorium, open air theatre, common courtyard in its academic and administration blocks.
  • The campus is fully wi-fi enabled.

10.3 IIFT Kakinada Campus Launched in 2022: Offers 5 Year Integrated MBA Program
IIFT has launched its third campus at Kakinanda (Andhra Pradesh) from the academic session 2022-23 with an intake of 60 students. The new Kakinada campus offers 5 Year Integrated MBA Programme. IIFT IPM programme commences from September in temporary campus of IIFT at JawaharLal Nehru Technological University (JNTU), Kakinada (Andhra Pradesh). The programme aims at imparting managerial and decision making capabilities to young professionals along with integrating management education with Science, Technology, Engineering, and Mathematics (STEM).

10.4 IIFT Campus Facilities
IIFT also offers impeccable in-house campus facilities and infrastructure. The library holds 84,000 volumes and subscriptions to 800 journals with complete online cataloguing. It has a unique collection of UN, ITC, UNCTAD, WTO, IMF, World Bank and other international agencies. The students have access to the database such as the Bloomberg, World Trade Atlas, NIC, CMIE, India Trades and other audio-visual aids on management. The Foreign Trade Library has an organized collection of Information resources on International Business & Economic Environment, which are accessible in printed or e-form.

11. IIFT MBA Business Analytics Programme: Highlights, Eligibility, Selection Process

  • IIFT has launched 2 years full time MBA (Business Analytics) programme from the academic year 2023-25
  • MBA-BA will be offered at Delhi Campus
  • IIFT MBA-BA will be a Non-Residential Programme
  • The programme will provide a synergy to the existing MBA programme in International Business as students from both streams will benefit from a vast pool of courses that will be offered.
  • Both the MBA programmes will stand independently and mutually benefit each other.
  • Detailed brochure on IIFT MBA Business Analytics Admission will be released at the beginning of the registration process tentatively in second week of December 2023.

11.1 IIFT MBA-Business Analytics Intake: 60 Students
IIFT MBA Business Analytics seats for the first batch would be 60.

11.2 IIFT MBA Business Analytics Eligibility Criteria
For admission 2024, IIFT MBA Business Analytics eligibility criteria will be as below:

  • The candidate must hold a Bachelor's degree with minimum 50% marks in aggregate or 5.0 CGPA out of 10. The student should have Mathematics/ Statistics as one of the subjects at Graduation level. OR
  • Candidates must hold B. Tech / B.E degree in any discipline from a recognized university/institute with at least 50% marks in aggregate or 5.0 CGPA out of 10. OR
  • The candidate must hold a Bachelor's degree with minimum 50% marks in aggregate or 5.0 CGPA out of 10, with Mathematics as a subject at 10+2 level. Applied Mathematics in 10+2 will not be considered.

11.3 IIFT MBA Business Analytics Selection Process

Exams Accepted

  • Applicants should appear in CAT 2023 Entrance exam
  • For short-listing/selecting the candidates, IIFT will use score of CAT exam
  • Candidates having valid GMAT Score are also eligible to apply

Final Selection

  • Final Selection will be based on the score obtained in CAT exam, performance in Extempore and PI, academic performance in class 10th and 12th and work experience.
  • Some weightage will also be given to female candidates to bring in Gender Diversity in the programme.

12. IIFT Admission 2025
Many young students who are in the second year or third year of their bachelor’s degree course and wish to appear in IIFT for IIFT Delhi/Kolkata MBA admission 2025, are not eligible this year, but can apply for IIFT MBA admission 2025 through IIFT 2025. It is expected that the IIFT MBA admission 2025 process will remain on similar lines like this year. You need to begin your CAT preparation and by the time you become eligible for IIFT 2025 admission, you would have completed a large part of your preparation which will help you score high in CAT exam and improve your chances for IIFT admission 2025.

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.

IIFT 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 the 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.

We hope you found this article helpful in looking for MBA admission and deciding on one of the best B-schools which has high RoI. Application process at IIFT is open at NTA Website.

Stay tuned to MBAUniverse.com for more updates on Indian Institute of Foreign trade (IIFT)

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