In the field of international business education in India, few institutions hold as much respect and prestige as the Indian Institute of Foreign Trade (IIFT) Delhi. The institute is known to produce world-class great business leaders, owing to its commitment to excellence, innovation, and international exposure. In this blog we will get to know more about IIFT Delhi, exploring the college information, its courses, exams accepted, fees, and notable alumni.
IIFT Delhi - College Information:
The institute is situated in the heart of the capital city, New Delhi, IIFT Delhi's campus serves as a hub of intellectual activity and cultural diversity.
IIFT Delhi was established in 1963 by the Government of India and now autonomously operates under the Ministry of Commerce and Industry. It boasts a rich legacy of over five decades, marked by academic excellence, industry relevance, and global impact. Moreover, IIFT Delhi has been given the status of Deemed to be University and is expected to receive the Institute of National Importance (INI) status soon.
The institute holds prestigious accreditations from bodies like AACSB and AMBA, affirming its commitment to academic quality and global standards. IIFT Delhi is famously known for its two-year flagship program- MBA in International Business (IB) which gives in depth knowledge of finance, marketing, logistics, statistics and operations. In addition it also gives students an opportunity to learn a foreign language to enhance their global competence. Earlier the Institute used to conduct its own entrance exam to take in admissions into its various program but now accepts CAT (Common Admission Test) scores, the cutoff of which goes around 97 percentile.
IIFT secures 100% placements each year with an average package of INR 29.1 LPA and a highest package going upto INR 85.4 LPA in 2023. The institute possesses a rich alumni network with top notch firms and companies participating in the placement drive.The top recruiters of IIFT Delhi include some of the great companies such as McKinsey, Amazon, Google, Microsoft, Deloitte,Goldman Sachs, JP Morgan,Adani, Mahindra, Maruti, BCG, Accenture, Infosys, Wipro, HCL, Cognizant, Reliance, Tata, Hero, Nestle, Coca-Cola and many more.
IIFT Delhi-Courses Offered:
IIFT Delhi offers a diverse range of programs crafted specially to meet the demands of a globalized world:
- Two-year MBA (International Business) at New Delhi and Kolkata.
- Ph.D. (Management) Programme at Delhi and Kolkata.
- Ph.D. (Economics) Programme at Delhi and Kolkata.
- Two-year MA (Economics – Specialization in Trade and Finance) at New Delhi and Kolkata.
- Two years & six months MBA (International Business) Weekend at New Delhi and Kolkata.
- Executive Post Graduate Diploma in International Business at New Delhi and Kolkata.
- Executive Post Graduate Diploma in International Business (Hybrid) at Delhi.
- Executive Post Graduate Diploma in International Business (On-campus) at Delhi.
- Two Years MBA in International Businessi n collaboration with the Institute of Finance Management, Dar-es-Salaam,Tanzania
- Post Graduate Certificate Programme in International Business and Finance (Hybrid).
- Certificate Programme in Export Import Management.
IIFT Delhi- Exams Accepted:
Earlier IIFT conducted its own entrance test for admission into its various courses but now CAT (Common Admission Test) is the only exam accepted for the MBA/PGDM programme. There is no entrance exam requirement for MA and Executive MBA Programme.
IIFT Delhi-Fees:
| Course | Fees |
|---|---|
| MBA | ₹21.77 Lakhs |
| MA | ₹4.1 Lakhs |
| Executive | ₹4.45 Lakhs |
| Diploma | ₹4.5 Lakhs |
| Certification | ₹75,000 |
| PG Certificate | ₹1.4 Lakhs |
| Ph.D. | ₹65,000 |
IIFT Delhi -Notable Alumni:
- Kalyan Ram Madabhushi - Chief Operations Officer (COO), Pulp and Fibre business, Aditya Birla Group
- Puneet Agarwal -Managing Director at Goldman Sachs
- Manveen Sandhu -Assistant Vice President at DBS Bank
- Soumyadeep Ganguly -Partner at McKinsey & Company
- KV Rao -Resident Director - ASEAN, Tata Sons Pvt Ltd
- Viren Verma -Global Procurement Managing Director at The Coca-Cola Company
- Siddharth Mani -Finance & Control at Nestlé S.A.- Procurement Controlling
IIFT Delhi-Frequently Asked Questions (FAQs):
Does IIFT accept CAT scores?
Yes, from 2024 onwards IIFT will accept CAT scores which earlier did admissions on the basis of IIFT entrance test.
What are various courses offered by IIFT?
IIFT offers courses such as MBA, MA, certificate courses, Executive MBA and PhD.
What is IIFT Delhi famous for?
IIFT was ranked among the top 200 colleges in the world for International Trade education in 2023 by QS World University Rankings. It was ranked 7th best B-school in India in 2024 by Indian Institutional Ranking Framework (IIRF) and was also ranked 9th best B-school in India in 2023 by India Today. This makes IIFT a highly reputed and famous institute.
What is the fees for MBA Programme at IIFT Delhi?
The total fees for the MBA Programme is around INR 21-22 lakhs.
Which is better among IIFT Delhi , IIFT Kolkata and IIFT Kakinada?
IIFT Delhi being the oldest is considered better than other two, due to better offers and more options in placements and internships owing to its location. But IIFT kolkata and IIFT kakinada have been doing well in placements since few years.