Body
The Indian Institute of Foreign Trade (IIFT), established in 1963 under the Ministry of Commerce & Industry, Government of India, is one of the country’s most prestigious B-schools. Originally founded to help professionalize India’s foreign trade management, IIFT has since evolved into a top-tier management school with a global trade focus. The flagship Delhi campus remains its most iconic, situated in Qutab Institutional Area, New Delhi.
Accreditations & Rankings
-
AACSB Accredited (since 2021), placing it among elite global B-schools.
-
Ranked consistently in the Top 25 MBA schools in India by NIRF & Business Today.
-
Globally known for its specialization in International Business (IB).
Programs Offered
1. Flagship MBA (International Business)
-
Duration: 2 years, full-time, residential.
-
Specialisation: Core focus on International Business, with electives across Marketing, Finance, Operations, Strategy, and Trade.
-
Unique courses in WTO studies, trade policy, global supply chain, foreign exchange management.
2. MBA (IB) Weekend Programme
-
Tailored for working executives in Delhi.
3. Executive & Specialized Programs
-
Executive Post Graduate Diploma in International Business (EPGDIB).
-
Executive Post Graduate Diploma in International Business Strategy (EPGDIBS).
-
Certificate programs in export management, trade policy, etc.
4. Doctoral & Research
-
Ph.D. (Management).
-
IIFT also houses the Centre for WTO Studies and Centre for Trade and Investment Law—key policy think tanks for the Government of India.
Campus & Student Life
-
Location: South Delhi, nestled in the Qutab Institutional Area.
-
Campus Size: Smaller than IIM/ISB, but compact and green.
-
Facilities include modern lecture halls, library, computer labs, hostels, and sports facilities.
-
Vibrant student-driven culture with committees, trade clubs, and cultural fests.
-
Annual fests like Quo Vadis (cultural) and TradeWinds (business summit) make the campus lively.
Admissions & Eligibility
-
Exam Accepted: IIFT Exam (exclusive entrance test until 2019, now replaced by CAT from 2023 onwards).
-
Eligibility: Bachelor’s degree with 50% marks (45% for SC/ST/PwD). No work experience required, but valued.
-
Intake: ~300 students in Delhi campus (overall intake ~700 across Delhi, Kolkata, and Kakinada campuses).
-
Fees: Around ₹21–23 lakh (MBA-IB).
-
Scholarships & Loans: Limited merit-based and need-based options; tie-ups with leading banks.
Placements & Career Outcomes
IIFT is widely respected by recruiters for its International Business edge.
-
Average CTC (MBA-IB 2024 batch): ~₹29–30 LPA.
-
Median: ~₹26–27 LPA.
-
Highest Domestic: ~₹75 LPA.
-
Highest International: ~₹85 LPA+.
-
Recruiters: Big 4 (Deloitte, EY, PwC, KPMG), McKinsey, Bain, BCG, JP Morgan, Citi, Goldman Sachs, ITC, HUL, Amazon, Flipkart.
-
Sectors: Consulting (~36%), BFSI (~20%), Tech/Product, FMCG, Trade & Logistics.
What Makes IIFT Delhi Unique?
-
Exclusive International Business Focus – unmatched depth in trade, economics, and global supply chain.
-
Policy Integration – direct involvement with WTO studies & government trade policies.
-
Strategic Location – in Delhi, India’s political & trade policy hub.
-
Legacy & Alumni Network – six decades of producing trade, consulting, and policy leaders.
-
Global Exposure – strong emphasis on exchange programs, internships, and IB electives.