IIFT 5 Year IPM (BBA+MBA) Admission 2023

IIFT 5 Year IPM (BBA+MBA) Admission 2023: Programme in line with the NEP; Admission through IPMAT Exam; Last Date to Apply – May 16 

IIFT admission process for 5 year IPM 2023-28 batch is open now. Following the success of IPM programs at IIMs, Indian Institute of Foreign Trade (IIFT) has also joined the IIMs and had launched the 5 year IPM program from the academic session 2022-23. IIFT 5-year Integrated Programme in Management (IPM) is conducted at its new Kakinada campus in Andhra Pradesh. This makes IIFT another top management institute to enter the undergraduate management education segment.

IIFT is offering 50 IPM Seats for 2023-28 batch. For admission to IPM 2023-28 Batch, IIFT will accept IPMAT exam which is conducted by IIM Indore. While application process for IPMAT 2023 has closed on April 17, the application for IIFT IPM 2023-28 batch is open. The last date to apply for IIFT IPM Admission 2023 is May 16, 2023  

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IIFT IPM programme is the Integrated MBA leading to award of BBA+MBA degree to young students who have completed class 12. Read below the key details and highlights of IIFT IPM programme, IIFT IPM Eligibility, IIFT IPM Admission Process, IIFT IPM Course Fees, Plan for IIFT IPM Placement process and more

Table of Contents

1. IIFT: Key Highlights & USPs
2. What is IIFT IPM 2023? IIFT IPM Programme Details
3. IIFT IPM Eligibility Criteria
4. IIFT IPM Important Dates for Admission 2023
5. IIFT IPM Course Fees
6. IIFT IPM Admission Process
7. How to Apply for IIFT IPM Admission 2023? IIFT IPM Application Fee & Process
8. IIFT IPM Placements: Plans and Prospects
9. IIFT IPM Curriculum & Pedagogy
10. IIFT IPM Kakinada Campus

1. IIFT: Key Highlights & 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 programmes. As IIFT has launched 5-year integrated MBA from 2022, it has become another top management institute to have entered the undergraduate education segment

• 1.1 IIFT – an 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 IIFT Accreditations and Membership: The Indian Institute of Foreign Trade was granted the prestigious AACSB Accreditation on 17th November, 2021. With this the IIFT figures amongst the top 900+ Business Schools of the world which have earned this accreditation. IIFT is the Member of Academy of International Business (AIB), The Association of Indian Universities (AIU), All India Management Association (AIMA), Association of Indian Management Schools (AIMS), The Global Compact Network India (GCN) among others
• 1.3 IIFT Top Rankings: IIFT is ranked 24th in National Institute Ranking Framework 2022 (NIRF 2022); it is ranked 10th in Business Today – MDRA; Ranked 12th in MBA Universe B School Ranking, Ranked 9^th in Indian institutional Ranking Framework (IIRF); Ranked 5th in Chronicles All India B-School Survey; Ranked 9^th in Fortune Indian Best B-Scholl
• 1.4 High Placements: IIFT has a consistent record of 100% placement with high salary packages. IIFT Placement 2023 has registered 16% rise in average salary which has gone up at Rs. 29.10 LPA from Rs.25.16 LPA last year while the highest salary has registered 62% rise and has gone up at Rs.75.60 LPA in 2023 from Rs.46.50 LPA last year.  
• 1.5 Top Recruiters: IIFT conducts joint placements for all its Delhi and Kolkata campuses. 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
• 1.6 International Exchange & Collaborations: As a university, IIFT has signed MOUs with leading institutions of the world for mutual exchange of students and teachers in the area of International Trade and Business. IIFT has collaborations with 38 universities and business schools throughout the world. The key areas of collaboration with partner institutes are student exchange, faculty development programmes, training programmes, study tours and joint research.
• Most of the B-Schools that IIFT has ties with are Triple Crown Accredited B-Schools. There is always a scope to learn from this B-Schools about how these keep themselves updated according to the latest technology and trends across the globe.
• 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 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.
• 1.9 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.
• 1.10 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. What is IIFT IPM 2023? IIFT IPM Programme Details
IIFT IPM is 5 year integrated program in management, leading to BBA+MBA degree on successful completion of the IPM course. IIFT IPM programme is offered to the young students who have passed class 12 or are appearing in it. IIFT IPM course is designed to impart managerial and decision making capabilities to young professionals along with integrating management education with Science, Technology, Engineering, and Mathematics (STEM). In line with the New Education Policy 2020, with an early induction into the programme and a rigorous and holistic curriculum, the students will be able to demonstrate problem solving skills supported by appropriate analytical techniques and will use ethical and socially conscious judgement while analyzing business situations.

The Candidates successfully completing the course requirement of IIFT Integrated Programme in Management would be awarded Bachelor of Business Administration (Business Analytics) and Master of Business Administration (International Business) by Indian Institute of Foreign Trade. The first three years of the IPM programme would be based on semester system and the last two years would be based on the trimester system (as per the prevailing 2 years Full Time MBA course structure offered by IIFT).

Key Highlights of IIFT 5 Year IPM Programme are

• The Integrated Programme in Management (BBA- Business Analytics and MBA-International Business) at Kakinada campus is a fully residential programme. 
• Candidates successfully completing the course requirement of integrated programme in management would be awarded Bachelor of Business Administration (Business Analytics) at the end of 3 years and Master of Business Administration (International Business) at the end of 5 years by Indian Institute of Foreign Trade.
• Candidates opting for exit after completing the requirement of first three years, would be awarded Bachelor of Business Administration (Business Analytics).
• The first three years of the IPM program would be based on semester system and the last two years would be based on the trimester system (as per the prevailing MBA course structure).
• Promotion from BBA (Business Analytics) to MBA (International Business) will be based on fulfilment of all academic requirements as per rules.
• IIFT IPM equips students with conceptual and interpersonal skills for
• managerial decision-making.
• Builds leadership & team skills to enhance students’ performance in a
• cross-cultural environment.
• Enables the students to demonstrate knowledge of foundational subjects
• for management studies
• Develops good analytical, statistical and problem-solving skills.
• Develops data visualization skills, and makes recommendations on what decisions to take based on the data analytics.
• Imparts knowledge & skills to students for entry-level managerial roles
• in the varied management functions across different industries

3. IIFT IPM Eligibility Criteria
IIFT IPM Eligibility for Admission 2023 is as below

• Candidates should have passed 10+2/XII/HSC examination in arts/commerce/science stream or equivalent with 60% (55% for candidates from SC/ST/PwD/Transgender) or more in the year 2021, 2022 or appearing in 2023. 
• The candidate must have passed class 10th examination with 60% (55% for candidates from SC/ST/PwD/Transgender) or more in the year not before 2019.
• A key component of IIFT IPM eligibility is that the candidates must have studied Mathematics/ Business Mathematics as a subject in class 12 (+2 level). This is a mandatory part of IIFT IPM Eligibility criterion
• A candidate should have been born on or after August 01, 2003 (5 years of relaxation to the candidates from SC/ST/PwD category will be given i.e. born on or after August 01, 1998). 
• As IIFT accepts IPMAT exam conducted by IIM Indore for IPM admission the candidate should apply and appear in IPMAT

4. IIFT IPM Important Dates for Admission 2023
IIFT IPM Important Dates for admission 2023 through IPMAT exam are 

5. IIFT IPM Course Fees

• IIFT IPM Fees for first 3 Years: IIFT IPM course fees for the first three years of the programme is Rs.4 lakh per annum excluding hostel and mess fees. The total IPM Fees for 3 years is Rs.12 lakhs
• IIFT IPM Fees for last 2 Years: IIFT IPM Course fees for the fourth and fifth year would be as per MBA(IB) programme fees set for that year. Presently the IIFT 2 years MBA fees is Rs. 21.77 lakhs.

IIFT Integrated Programme in Management 2023-28 is a fully residential programme. Details about hostel (i.e single/double occupancy, hostel &mess fees etc.) will be informed to the candidates in offer letter for admission.

6. IIFT IPM Admission Process
IIFT IPM Admissions 2023 is a two step process. The applicants should apply for IPMAT 2023, conducted by IIM Indore and also apply separately for IIFT IPM Admission 2023. IIFT will use score of IPMAT 2023 examination conducted by IIM-Indore for short-listing/selecting the candidates for its IPM 2023-28 batch

IIFT IPM Selection Process
For final selection in IIFT IPM Admission 2023, IIFT will prepare Merit list for selection of the candidate on the basis of his/her IPMAT 2023 Score of IIM-Indore, Academic Profile of class 10th and Gender Diversity as per following weightage

Please keep the following documents ready as you will be asked to upload those during the submission of online application form of IIFT:
a) Recent Passport Photograph (In JPG of Size less than 100KB)
b) Your Scanned Signature (In JPG of Size less than 100KB)
c) Your scanned certificates (10^th, 12^th Marksheets  and category certificate, if applicable) as separate PDF files, each with Size less than 5MB

7.2 IIFT IPM Application Fees
Below is shared application fees for IPMAT 2023 Exam and for IIFT Admission application submission

8. IIFT IPM Placements: Plans and Prospects
IIFT placements are conducted jointly for both its Delhi and Kolkata campuses. As IIFT   has launched 5 year integrated programme in Management at its Kakinada campus which is the third campus of IIFT, the IIFT IPM Placements for the first batch will also be conducted along with the placement process with Delhi and Kolkata campuses and are to remain at par for all the campuses. Accordingly, the students studying in IIFT IPM programme are expected to receive same placement offers as the students at other campuses are getting from top recruiters, given the reputation of Indian Institute of Foreign Trade.

9. IIFT IPM Curriculum & Pedagogy
IIFT IPM curriculum for the first three years is based on the combination of courses on Business Analytics, Foundation (Management), Humanities and Professional Enrichment. Professional enrichment is a combination of Ability Enhancement, Skill Enhancement and Creativity. The curriculum comprises of approximately 150 credits in total for the first three years. While the last 2 years of MBA-IB at IIFT is of 120 credits. The curriculum for the first three years of IIFT IPM programme is as follows:

IIFT IPM Semester -I Curriculum

• Micro Economics
• Financial Accounting
• English-I/English Language Proficiency
• Mathematics
• Microsoft Excel
• Psychology
• Cocurricular Activities

IIFT IPM Semester-II Curriculum

• Macro Economics
• Principles of Marketing
• English-II Busines Communication
• Introductory Statistics
• Political Science
• Business Organization & Management
• Cocurricular Activities

IIFT IPM Semester-III Curriculum

• Cost and Management Accounting
• Operations Research
• Advanced Statistics
• Human Resource Management
• Sociology
• CSR and Sustainable Business
• Cocurricular Activities

IIFT IPM Semester-IV Curriculum

• Principals of Financial Management
• Operations and Supply Chain Management
• Business Analytics
• Philosophy
• Data and Database Management
• Live Projects
• Co-curricular Activities

IIFT IPM Semester-V Curriculum

• Business Analytics - Domain Exposure
• Entrepreneurship & New Venture Creation
• Indian and Global Economy
• Visual Analytics
• Business Models and Strategy
• Consumer Behaviour
• Cocurricular Activities

IIFT IPM Semester-VI Curriculum

• Elective-1
• Elective-2
• Elective-3
• Elective-4
• Big Data Analytics
• Academic Writing + Seminar (3+1)

Details of Electives
 

Group 1 - Analytics: Select any 2

• Machine Learning & AI
• Enterprise Resource Planning (ERP) Systems
• Social Media Tools & Techniques
• Principles of Ecommerce & Marketplaces
• Business Forecasting

Group 2 - Management: Select any 2 

• Business Laws
• Leadership and Team Management
• Consumer Behaviour
• Export Import Management
• Business Analysis and Valuation

Last 2 Years of Curriculum

• The course structure after the sixth semester will be merged with the MBA programme of IIFT.
• The course curriculum is subject to revisions based on industry inputs and to keep in line with the dynamic business environment.

IIFT IPM Programme Pedagogy

• Combination of Methodologies: The pedagogy varies for each course depending upon the focus on theory or practical as well as needs of the students. The course curriculum will be imparted through a combination of methodologies like case studies, projects, presentations, simulation and games, role play, field visits and industry sessions.
• International Exchange: The students will be provided with an opportunity for International exchange programme.

0. IIFT IPM Kakinada Campus
IIFT already has campuses at Delhi and Kolkata but the IPM course is not launched at either of these two campuses. From the year 2022 IIFT has launched its Kakinada campus which is exclusively devoted to undergraduate education. IIFT IPM Kakinada campus is functioning from the Jawahar Lal Nehru Technological University (JNTU), Kakinada campus in Andhra Pradesh. Later on IIFT will come up with its own Kakinada campus in large area after the same is constructed like that of IIFT Delhi and Kolkata campuses.  

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 has it three campuses at Delhi, Kolkata and Kakinada.