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Indian Institute of Foreign Trade
IIFT Bhawan, B-21, Qutab Institutional Area, New Delhi - 110016
About
University Type
Private
New Delhi,
India
Year Established:
1963
The Indian Institute of Foreign Trade (IIFT) is a business school in India. Established in 1963, it works as an autonomous body under the Ministry of Commerce and Industry. It also functions as a civil services training institute. Its main campus is in New Delhi and has additional campuses in Kolkata and Kakinada.
The institute was established as a Centre of Excellence in International Trade and Business in 1963. As of 2021, it is as an autonomous educational institute under the Ministry of Commerce and Industry.[4]
It was granted "Deemed to be University" status in 2002.[4] The National Assessment and Accreditation Council (NAAC) has recognized IIFT as a Grade ‘A’ Institution in 2005 as well as in 2015.
Indian Institute of Foreign Trade Program Rankings
- Master of Business Administration (MBA) - Rank #62 (Global MBA Ranking 2021) (Financial Times)
Indian Institute of Foreign Trade Highlights
FAQs
What are the most popular graduate programs offered at Indian Institute of Foreign Trade?
The Indian Institute of Foreign Trade (IIFT) is renowned for its flagship program, the Master of Business Administration in International Business (MBA-IB). This program is specifically tailored to develop expertise in international business dynamics. Other popular programs include Executive Programs in International Business and Certificate Programs in Export Management, catering to a wide range of academic and professional needs.
What is the Annual Cost of attendance at Indian Institute of Foreign Trade?
For the MBA International Business program, the annual tuition fee is approximately INR 8,85,000 for Indian students and USD 30,000 (about INR 24,60,000) for international students. Living expenses can range from INR 2,00,000 to INR 3,00,000 annually, depending on lifestyle. Therefore, the total annual cost of attendance can vary from INR 10,85,000 to INR 11,85,000 for Indian students.
What Financial aid and scholarship options are available at Indian Institute of Foreign Trade?
IIFT offers various scholarships and financial aid options for deserving students, including merit-based scholarships and need-based fee concessions. The institute also provides financial assistance through bank loans facilitated by tie-ups with national banks. Students can apply for these options by submitting the required financial aid forms available on the IIFT website or contacting the admissions office for detailed information.
What is the reputation and ranking of Indian Institute of Foreign Trade?
The Indian Institute of Foreign Trade consistently ranks among the top business schools in India, particularly noted for its MBA in International Business program. It has been ranked high by various national ranking agencies for its specialty in international trade and export management. These rankings highlight the institute's commitment to providing quality education and its expertise in foreign trade.
What is the campus culture like at Indian Institute of Foreign Trade?
The campus culture at IIFT is vibrant and dynamic, characterized by a diverse mix of academic rigor and extracurricular engagements. Students participate in numerous cultural fests, seminars, and international conferences. The institute also hosts various clubs and societies that span interests from finance and economics to drama and photography, providing a holistic environment for personal and professional growth.
What are the housing options at Indian Institute of Foreign Trade?
IIFT provides on-campus housing facilities with separate hostels for male and female students. For those preferring off-campus living, there are several popular housing options available in nearby areas such as Munirka, Vasant Kunj, and Saket. These areas offer a range of accommodations from shared apartments to independent flats, catering to different budgets and preferences.
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