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IIFT or Indian Institute of Foreign Trade is one of the premier Government autonomous institutes in India catering towards development of novel ideas and skills aimed at internationalization of the nation’s economy. It is a matter of great pride to be a part of this esteemed organization which offers diverse management programs for students’ community and working professionals.
The Entrance Exam of IIFT
Domestic and global students are eligible to sit for the IIFT-IB (Indian Institute of Foreign Trade –International Business) entrance exams conducted by IIFT every year in the first week of December. The institute conducts the exam through 18 centers located within the country. Successful students can enroll in programs, listed below:
- MBA course in International Business
- Executive MBA course in International Business
- Certificate Program in Export Management
- Post-graduate Diploma programs
- D. Courses
- Varied development programs linked to the Management domain
IIFT has three campuses – Delhi, Kolkata and Kakinada. The campus at the national capital is the most prominent one.
Why IIFT is considered to be a Valuable Management College?
There are multiple reasons that vouch IIFT exam is the best value for money college in India:
Autonomous Institution – IIFT enjoy a high status as Government approved autonomous organization. Its prime role is to develop skilled human resources who can effectively deal with the matters of international trade management and export business.
Limited Seats – IIFT offers admission only to 600 students every year. The competition is extremely high since more than 75,000 appears for the test. Quite obvious, the conversion rate is too low; lower than CAT which is considered to be the best management entrance exam for securing admission in reputed MBA colleges in India.
High Placement – IIFT offers 100% lucrative placements to its students. The institute scores high in all the three aspects – highest salary, average salary and international placement offers. The highest salary has crossed 1 crore mark as per the latest Placement Report 2019. The average salary stands at INR 20.07 lakh per annum.
Majority of students received a lucrative pay packet of INR 75 lakh per annum.
Effective Placement Cell – The Placement officials at IIFT believes in working in fast track mode. Among the premier B-schools, IIFT has always enjoyed the reputation of quickest placement for its students.
Top Recruiting Sectors – IIFT has seen a steady on-campus placements in varied sectors of the industry like FMCG/ Retail, Energy/ Industry, Consumer Services, Media/ Telecom, Trade/ Transport/ Logistics and many other Business Conglomerates. Thus the placement opportunities are wide and varied. Students are also placed in foreign companies based in the Middle East, Africa and South America.
Top Recruiters – Many reputed companies have absorbed the successful students of IIFT. Some names include Britannia, Citibank, Airtel, Amazon, Aegis Resources, Axis Bank, Bajaj Auto, Export Trading Group, Bata, DE Shaw group, etc.
Fee Structure – IIFT charges INR 16,70,000/- for General/OBC candidates and INR 8,35,000/- for SC/ ST/PWD candidates. The fees for foreign nationals and NRI is US$ 60,000. The premier charge is justified considering its name and fame. At the end of the day, students and parents get the best value for money they invest in management courses at IIFT. Highest order placement, both in national and international circuits, is a testimony.