IIFT Admission 2023: Entrance Exam on Dec 18, 2022; Last Date Extended to Nov 24; Top B-School offers High ROI MBA (IB); Check USPs, Fees, Placements, Selection Process

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MBAUniverse.com News Desk |
November 15, 2022
Indian Institute of Foreign Trade, a highly ranked MBA Institute has extended the last date to apply for MBA (IB) admission 2023 to November 24, 2022. IIFT has also launched a new program MBA in Business Analytics and has increased its seats both in Delhi and Kolkata campuses. IIFT has revised its selection criteria for admission 2023 with a few changes. It will accept score of its own IIFT entrance exam, which will be conducted by NTA as a computer based test on Dec 18
IIFT Admission 2023

The MBA (IB) 2023 entrance exam for Indian Institute of Foreign Trade (IIFT) admission 2023 will be held on December 18, 2022. Application process for IIFT Admission 2023 is open and the last date to apply has been extended by 10 days to November 24 from earlier Nov 14, 2022. The extended registration window offers last opportunity to apply for IIFT MBA (IB) admission to 2023-25 batch as there will not be any further extension.

Conducted by National Testing Agency (NTA), IIFT entrance exam is the only MBA entrance exam score of which will be accepted by IIFT for admission to its 2 year MBA (IB) program at Delhi and Kolkata campuses.  IIFT is a top B-school in India offering 2 years full time high RoI MBA (IB) program with global placements. IIFT is a deemed to be University and is also closely linked with Ministry of Commerce.

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 entrance exam can be submitted at IIFT exam website IIFT.NTA.NIC.IN. with an application fee of Rs.2500/-.

IIFT has also launched Non Residential MBA Business Analytics program from the academic session 2023-24 at its Delhi campus. The admission to first batch of IIFT MBA Business Analytics will be based on IIFT Entrance test as well as GMAT score.

National Testing Agency has been assigned the task of conducting the IIFT 2023 admission test which will be held in computer based format. The exam will be conducted in a single session of two hours duration. Read the article below to know the key USPs of IIFT, Cut off, Fee, Placements, key changes in the IIFT Admission 2023 process and more

IIFT MBA (IB) Admission 2023 Open: Apply Now

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 2022
  5. IIFT Intake
  6. IIFT Admission Eligibility Criteria 2023
  7. IIFT MBA (IB) Admission Criteria
  8. IIFT MBA Admission 2023: Important Dates
  9. IIFT Campus Highlights
  10. IIFT Delhi MBA Business Analytics Programme: Eligibility, Selection Process
  11. IIFT Admission 2024

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 # 25 among top 125 management institute in India, in the Govt. of India MHRD NIRF Rankings 2022 – Management. IIFT is ranked # 8 in MBAUniverse.com B-School Ranking 2022
  • 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: IIFT MBA Placements have a consistent record of 100% placement with high salary packages. IIFT MBA Placements 2022 registered higher than last year average placement package of Rs.25.16 LPA, and Highest domestic salary of Rs.46.50 LPA for the MBA (IB) 2020-22 batch.
  • 1.5 Top Recruiters: 82 marquee companies made offers to the students in IIFT placement 2022. Some of the top recruiters are Accenture, Deloitte, EY, Infosys, EXL, Mckinsey, Reliance, Godrej, Goldman Sachs, Google, ITC, JP Morgan Chase, Microsoft, Tata Steel, Wipro, ZS Associates, CRISIL, Dell 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 Manoj Pant as its Director and Vice Chancellor.  He has 40+ years of experience as a faculty and researcher and has served in various key positions at top institutes and universities across the globe including Switzerland, USA, IIM Lucknow, Delhi University, JNU Delhi, IIT Delhi among others. 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.23 to 25 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.

IIFT MBA (IB) Admission 2023 Open: Apply Now

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) 2023-25 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) 2023-25 Batch. IIFT has also clarified, “The exact amount of total fee, applicable for MBA (IB) 2023-25 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

4. IIFT MBA Placements 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 2020-22 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 19.35% rise in average salary which has gone up at Rs.25.16 LPA from Rs. 21.08 LPA last year.  The highest international package stood at Rs 80 Lakhs per annum, while the highest domestic CTC stood at Rs. 46.5 Lakhs per annum. The top 25% students of the batch received an average CTC Rs 34.3 LPA.

4.1 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

4.4 Top Recruiters
82 marquee companies made offers to the large batch size in IIFT placement 2022. 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

IIFT MBA (IB) Admission 2023 Open: Apply Now 

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) 2022-24 batch.

5.1 Campus wise Candidates Placed in IIFT MBA (IB) 2022-24 Merit List
For the MBA (IB) 2022-24 batch, IIFT selected a total of 725 candidates in the main list for admission at Delhi and Kolkata campuses with following details

IIFT Campus
No. of Selected Candidates
IIFT Delhi Campus
367
IIFT Kolkata Campus
358
Total
725

5.2 Finally Admitted Students for IIFT MBA IB 2022-24 Batch
Indian Institute of Foreign Trade (IIFT) finally admitted 419 students who joined the  57th batch of flagship MBA (IB) 2022-24 program at IIFT Delhi and Kolkata campuses. 

5.2.1 IIFT Batch Profile for MBA (IB) 2022-24 Program
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 2023
IIFT Admission Eligibility criteria 2023 and IIFT entrance exam 2023 eligibility criteria is the same. Below are shared the IIFT Admission Eligibility Criteria 2023: 

6.1 IIFT Eligibility Criteria 2023 with Completed Qualification
To meet the IIFT eligibility 2023, 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 2023 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 2023 Admission subject to submission of proof of requisite qualification by October, 2023 first week.

6.3 Age Limit for IIFT 2023 Eligibility
IIFT Eligibility 2023 does not prescribe any minimum or maximum age limit. Accordingly, there is no age limit for IIFT admission eligibility 2023

6.4 Work Experience in IIFT 2023 Eligibility
IIFT has not prescribed any mandatory minimum work experience as a component in IIFT Eligibility Criteria 2023. Any candidate fresh with requisite qualification is included in the IIFT admission 2023 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 IIFT Entrance is the Mandatory Entrance Test
All the aspirants who wish to apply for IIFT MBA (IB) Admission 2023, should apply and appear in IIFT entrance exam. IIFT accepts only its own MBA entrance exam test score to shortlist the candidates for final selection round.

7. IIFT MBA (IB) Admission Criteria
IIFT MBA Admission Process for MBA-IB 2023-25 batch has following 4 steps:

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

Let us understand in detail each step of admission process

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

1.1 Apply for IIFT Entrance Test for IIFT Admission 2023

  • You first need to apply online for IIFT entrance exam by the last date iift.nta.ac.in. Read More about the IIFT Registration & Application  Process
  • The IIFT exam 2023 Registration & Application Fee is Rs.2500/- which has to be paid online only. For reserved category candidates the application fee is Rs.1250/-.

IIFT Login Page

Read More on IIFT Registration & Application Process

IIFT MBA (IB) Admission 2023 Open: Apply Now 

1.2 Appear in IIFT Entrance Exam

  • The next step is to appear in IIFT MBA Admission Test-2023 which will be conducted by NTA on December 18, 2022. 
  • It is mandatory for the candidates to appear in the IIFT entrance exam.
  • A balanced score in all the sections of IIFT 2023 entrance exam and good academic profile is required for shortlisting
  • IIFT entrance exam is a computer based multiple choice objective type written test (in English). It consists of questions divided in 4 sections. The questions are based on English Grammar, Vocabulary and Comprehension, General Knowledge & Current Affairs, Logical Reasoning, Data Interpretation and Quantitative Analysis.

1.3 How IIFT Entrance Exam is different from CAT/XAT? Explains the IIFT
Sharing with MBAUniverse.com, how IIFT Entrance Exam is different from other exams, the Indian Institute of Foreign Trade has highlighted following key features of IIFT entrance exam:

  • Entrance exams of CAT, XAT etc. are being conducted by private agencies, while IIFT’s entrance exam is being conducted by National testing Agency (NTA) which makes it more transparent.
  • In CAT, there is sectional time limit which means candidates have to complete every section within the prescribed time limit. IIFT exam does not have sectional time limit.  
  • CAT has three sections, IIFT has four sections (an extra section of General Knowledge and Awareness).
  • For shortlisting to second round, there are weightage of academics, gender diversity etc. also. While in other management exams, these parameters are applicable in second round of the admission process.

Step-2: IIFT Shortlist Criteria for IIFT Admission 2023: Will Shortlist 2800+ Candidates
After the IIFT entrance exam result is declared by National Testing Agency, IIFT shortlists more than 2800 candidates who have appeared in the IIFT entrance test. The ratio of shortlisted candidates to the IIFT MBA seats is roughly 1:4. Last year IIFT shortlisted 2873 candidates and placed 725 candidates in the merit list for its Delhi and Kolkata campuses. Following are the key parameters which will be used in IIFT Shortlist criteria for IIFT admission 2023

2.1 IIFT Entrance Exam Score
The applicant should score the minimum required sectional and overall percentile in IIFT  entrance exam to be considered for shortlisting for admission by IIFT

  • The short listing of candidates for Extempore-WAT-PI will be done on the basis of IIFT entrance exam percentiles including sectional cut offs
  • The cut-off marks for female candidates across all categories are less than the actual cut-off in line with IIFT’s policy of gender diversity
  • In addition to the above stated criterion, Marks obtained in X, and XII, will be considered
  • To ensure balance in class composition at IIFT, upto 5 points are awarded to non engineers
  • The shortlisting by IIFT will be done for all the IIFT campuses located at Delhi and Kolkata
  • If the candidate does not score minimum prescribed percentile in IIFT entrance exam, he/she is not considered for shortlisting for final selection stage.

2.2 IIFT Cut Offs
IIFT cut offs do not go very high. At moderate IIFT cut off scores, candidates score high percentile. Shared below are the expected IIFT cut offs which may remain in the range of 42 to 45 marks out of 300 total marks for different IIFT campuses. 

IIFT Campus
IIFT Delhi
IIFT Kolkata
Overall IIFT Cut offs Category (Out of 300 maximum marks)
42-45
41-43

2.3 Last Year Overall Actual IIFT Cut Offs (Admission 2022-24 Batch
The overall category wise cut offs for Shortlisting the candidates for final selection round for 2022-24 batch were applied as under. However, these candidates had to clear the section cut offs also and had to obtain minimum marks.

Category
IIFT Cut offs
General
42.6
General-EWS/OBC-NCL
35.1
SC/ST/PwD/ Kashmiri Migrants/Non-Migrants
27.6

Source: IIFT Shortlist 2022-24 batch

2.4 Expected Sectional IIFT Cut offs

Section name
Total questions
Max marks
Delhi Cut offs
Kolkata  cut offs
Verbal Ability & Reading Comprehension
 35
105
11-12
10-11
Quantitative Analysis
 25
 75
10-12
9-11
Data Interpretation & Logical Reasoning
30
 90
14-15
12-13
General Awareness (GK)
20
30
6-7
5-6
Total
110
300
 --
-- 

2.5 Actual Sectional IIFT Cut offs as applied for 2022-24 Batch
Below are the actual category wise sectional cut offs as applied by IIFT in shortlisting the candidates for final selection process

Section
Total Marks
General / Gen-EWS / OBC-NCL
SC/ST/PwD/ Kashmiri Migrants/NonMigrants
General Awareness (GA)
30
4.5
3
Reading Comprehension (RC) & Verbal Ability
105
11
6
Data Interpretation (DI) & Logical reasoning
90
14
10
Quantitative Aptitude (QA)
75
8
5

Source: IIFT Shortlist 2022-24

2.6 IIFT Shortlist: Components and Weightage
Following weightage will be awarded to different components during IIFT shortlisting process for final selection round 2023

Parameters
Weightage percentage
IIFT Entrance Exam score
73
Marks obtained in Class X
10
Marks obtained in Class XII
10
Academic Diversity
Engg-0; Non-Engg-5
Gender Diversity
Male=0; Female=2
Total Score
100

Step-3: Final Selection Criteria in IIFT Admission Process 2023
Final Selection Round in IIFT Admission Process 2023 will consist of following components and weightages

3.1: Extempore, WAT & PI

  • The candidates short listed from the IIFT computer based test, will be called for Essay Writing Test, Extempore and Personal Interview to be held in February/March 2023 at Ahmedabad, Bengaluru, Chennai, Delhi, Hyderabad, Kolkata, Lucknow and Mumbai.
  • IIFT 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 2023: Final Admission Offer
After completion of Extempore-PI-WAT process, final merit list will be generated in April 2023 based on following parameters:

4.1: Merit List Components & Weightage

Final Selection Parameter
Percentage of Weightage
Remarks
IIFT Entrance 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 2022-24 
Category-wise cut-off of last selected candidate in main list for admission to MBA (IB) 2022-24 batch was as under :-

Category
IIFT Cut off in Final Merit List Generation 2022
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

8. IIFT MBA Admission 2023: Important Dates

IIFT 2023 MBA (IB) Admission entrance exam date is December 18, 2022. This is the fourth time that NTA is conducting IIFT entrance test. The IIFT admission 2023 important dates are shared below:

IIFT Admission 2023 Activity
Key Dates 2023
IIFT 2023 Notification Release Date
September 30, 2022
Application Start Date
September 30, 2022
Last date to Apply
November 24, 2022 (Till 5 PM)
Last date to pay IIFT Entrance exam Fee
November 24, 2022 (Till 11.50 PM)
IIFT Application Fee
Rs.2500/- for General/OBC category
Rs.1250/- for SC/ST/PwD/Transgender
IIFT Application error correction Window
Nov 26 to 30, 2022
Admit Card Download Starts
December 5, 2022 (Expected)
IIFT Entrance Exam date
Sunday, December 18, 2022
IIFT 2023 Exam Result Date
Expected on or before December 31, 2022
IIFT Shortlist release
Expected in January 2023
IIFT Extempore-GD-PI-WAT Round Dates
February/March 2023
Final Admission Offer
Last week of April/1st week of May 2023

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

9.1 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

9.2 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.

9.3 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 2022 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).

9.4 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.

10. 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 2022.

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

10.2 IIFT MBA Business Analytics Eligibility Criteria
For admission 2023, 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.

10.3 IIFT MBA Business Analytics Selection Process

Exams Accepted

  • Applicants should appear in IIFT MBA IB Entrance exam on December 18, 2022 to be conducted by NTA
  • For short-listing/selecting the candidates, IIFT will use score of MBA (IB) entrance examination
  • Candidates having valid GMAT Score are also eligible to apply

Final Selection

  • Final Selection will be based on the score obtained in IIFT MBA-IB entrance examination or GMAT score, 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.

11. IIFT Admission 2024
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 2023, are not eligible this year, but can apply for IIFT MBA admission 2024 through IIFT 2024. For the last few years IIFT MBA admission policy has remained on same lines and it is expected that the IIFT MBA admission 2024 process will remain on similar lines like this year. You need to begin your IIFT preparation and by the time you become eligible to appear in IIFT 2024, you would have completed a large part of your preparation which will help you score high in the IIFT entrance exam and improve your chances for IIFT admission 2024.

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.

IIFT MBA (IB) Admission 2023 Open: Apply Now 

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

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