FAQs on IIFT
  1. Can you tell me something about IIFT?

  2. The Indian Institute of Foreign Trade (IIFT) was set up in 1963 by the Government of India as an autonomous organization to help professionalize the country's foreign trade management and increase exports by developing human resources; generating, analyzing and disseminating data; and conducting research.It has two campuses, one in Delhi and the other one in Kolkata.

  3. How good is IIFT?

  4. IIFT is one of the premier B-schools in India. As per our (T.I.M.E.) rankings, Both IIFT-Delhi and IIFT-Kolkata are counted among AAA+ grade B-schools.

    Note- IIFT Kakinada is scheduled to start functioning from next academic year, hence it has not yet been included in our B-school categorisation list. It will be evaluated in 2020 AD when the first batch passes out.

  5. Which B-schools accept IIFT Entrance test scores?

  6. The test score of this entrance examination is used for admission into MBA IB program offered at IIFT's New Delhi , Kolkata and Kakinada Campus.

    Note- IIFT Kakinada ( situated in AP ) is scheduled to start functioning from next academic year onwards.

  7. What is the last date to apply? When is it conducted? Is it an online exam?

  8. It is usually conducted in the month of November. This year, the entrance test is on 3 December, 2017. No, it is not an online exam.

    The following is the schedule of the examination

    1. Last date to register ( for Indian Nationals )- 15 Sep 2017
    2. Last date to register ( for Foreign nationals and NRIs ) - 15 Feb 2018
    3. Written Exam- 3 Dec 2017 ( 10 am to 12 noon )
  9. What was the pattern of last year's (2016) question paper of IIFT?

  10. Pattern of last year's question paper of IIFT was as follows

    Section Name (for Set-A. The sequence of sections was different for other sets.) Question area No of Qs Marks/Q Total
    Section 1 Quantitative Ability (QA) 20 1 20
    Section 2 - Part 1 Logical Reasoning (LR) 22 0.75 16.5
    Section 2 – Part 2 Data Interpretation (DI) 20 1 20
    Section 3 - Part 1 Reading Comprehension (RC) 16 1 16
    Section 3 - Part 2 Verbal Ability (VA) 20 0.75 15
    Section 4 General Awareness (GA) 25 0.5 12.5
    Overall 123 100

    Negative Marking: One third of the allotted marks.

  11. What is the flagship course offered at IIFT?

  12. MBA - IB is considered to be the flagship course of IIFT.

  13. What is IIFT's MBA-IB Programme?

  14. The MBA (IB) is a general management course with special emphasis on International Business. This means, besides doing a general MBA (as is done in other B-Schools), IIFT students are exposed to the international perspectives of various subjects by virtue of their doing courses like international marketing, international finance, international strategy and the like.

  15. Can you give me details of the MBA-IB Programme?

  16. Intake – 220 *(New Delhi Campus), 140*(Kolkata Campus)

    Note - Intake for Kakinada campus has not been revealed.

    Duration - 2 years

    Fees – 7.6* Lacs p.a for General/OBC category students and 3.5* Lakhs p.a. For SC/ST/DA category students

    Eligibility -

    1. Recognized Bachelor’s degree of minimum 3 years duration in any discipline with 50% marks in Graduation (45% for SC/ST/PWD candidates). Candidate appearing in the final year examination of Graduation can also apply.
    2. No age limit.

    * - may be revised this year, .

  17. Can you give me Placement details of the MBA-IB Program?

  18. The average salary for the 2015-17 batch of MBA-IB Programme was 18.4 lacs pa, with the highest domestic offer of 26 lacs pa. The highest international salary offered was USD 150000 p.a.

    3 students secured more than 1 crore Rs p.a. international job where as 6 students secured more than 75 lacs Rs p.a. international job.

  19. What kind of jobs are offered to students of IIFT?

  20. The jobs offered to IIFT graduates vary widely. A variety of profiles are offered including Equity Analysis, International Marketing, Investment Banking, Derivatives Trading, Sales & Marketing and many others in different domains like Strategy, Corporate Finance, Treasury, Supply Chain Management, Risk Management etc.

    Some of the recruiters this year(2017) were Olam, Avantor, J.P. Morgan, Goldman Sachs, Nivea, Nomura, Bank of America, Citibank, Axis Bank, Yes Bank, Edelweiss, HSBC, ICICI, IDFC Bank, Indus Valley Partners, Vodafone, IvyCap Ventures, Religare,ITC, Godrej Consumer Products, Nivea, L’Oréal, Pernod Ricard, Britannia  Other recruiters in this domain include Google, Idea, Vodafone, Amazon, Flipkart, Madura F&L , Tata Sky, Axis Bank, Shopclues, Games 24x7, Blue Stone, Wipro CCLG,GeP, Synergy Consulting, ZS Associates, Michael Page, Cognizant Business Consulting, Corporate Executive Board, Concentrix, Deloitte, Russell Reynolds , Actuate Business Consulting,Mahindra and Mahindra, Airtel, British Telecom, Raymond, Godrej Property Limited, L&T, Welspun, Concentrix and Polycab.

  21. Is there any Management Quota for MBA-IB Programme?

  22. There is no management quota for admission to MBA-IB at IIFT.

  23. Is there any provision for reservation at IIFT for MBA-IB Programme?

  24. Yes, There is a provision of reservation of seats at IIFT for SC, ST, OBC and Physically Challenged Candidates.

  25. What was last year's cutoffs for IIFT's GD/WAT/PI process?

  26. Category Verbal Ability and Reading Comprehension Quantitative Techniques Reasoning and Data Interpretation General Awareness Overall (score)
    General 9.67 4.01 8 1.99 48.5
    OBC-NC 9.67 4.01 8 1.99 43.5
    SC 9.67 4.01 8 1.99 38.5
    ST 9.67 4.01 8 1.99 27.17
    DA 9.67 4.01 8 1.99 28.85
  27. Can you give me some suggestions on how to Prepare for IIFT's Entrance Test?

  28. Except for the section on General Awareness, all the other sections of IIFT get well covered with a good preparation for CAT. However, it would be advisable for a student to work on his/her speed mathematics as some of the questions under Data Interpretation tend to be calculation intensive.

    While preparing for the GK section in IIFT entrance test, a student should focus on issues related to national & international events, world bodies, and foreign trade-related information.

    1. From the various issues of MBA Education & Careers magazine, read

      1. OMET GK Special material published in the June-July/August/September issues;
      2. Business GK;
      3. Current Issues & Events;
      4. Current Event Chronicle, and
      5. GK Model Papers feature titled, Improve your GK.
    2. GA Note (Study Material) booklet for stock GK (like history and geography).
    3. GAT papers, each with 50 questions (10 papers)
    4. Manorama & CSR Year Book – they help in preparation for stock type questions. In any such book, please focus on the following chapters: Who is who; What is what; Science scan; Human body; Computers; Landmarks of history; The Universe.

    Finally, OMETs for IIFT question papers are perhaps the best source for preparation. It comes very close to the actual IIFT entrance exam paper and one should give maximum importance to these question papers.