The Indian Institute of Foreign Trade (IIFT) is one of the top management institutes in India that offers various programs in the field of International Business Management. The IIFT exam is a national-level entrance exam conducted annually for admission to its MBA (International Business) program, which is considered one of the best MBA programs in International Business in the country. The IIFT exam is conducted in both paper-based and computer-based modes, and it tests candidates on various parameters such as logical reasoning, quantitative ability, data interpretation, and verbal ability. The exam is conducted in English, and its duration is 2 hours. Candidates who clear the IIFT exam are then called for further rounds of selection, which include group discussion, essay writing, and personal interview. The final selection is based on the candidate’s performance in all these rounds.
The Indian Institute of Foreign Trade (IIFT) is a leading management institute in India that offers MBA (International Business) program. Established in 1963, the institute was set up by the Government of India to enhance exports by developing human resources, generating, analyzing and disseminating data, and conducting research. The IIFT is considered as one of the top B-schools in India and is known for its rigorous academic curriculum, industry interface, and international collaborations.
The IIFT exam is a national-level entrance exam conducted annually for admission into its flagship MBA program. The exam tests the candidates’ aptitude in English Grammar, Vocabulary and Comprehension, Logical Reasoning, Data Interpretation and Quantitative Analysis, General Awareness and Current Affairs. The IIFT exam is known for its high difficulty level and requires dedicated preparation and focus to crack.
The IIFT MBA (International Business) program is a two-year full-time residential program that provides students with the necessary skills and knowledge to excel in the global business scenario. The program is designed to prepare students for the challenges of the international business environment and offers various specializations such as International Marketing, International Finance, International Trade Operations, and Strategy. The IIFT MBA program also offers opportunities for students to gain practical experience through industry internships and global immersion programs.
Overall, the IIFT exam is an excellent opportunity for students who aspire to pursue a career in international business management. With its comprehensive curriculum and industry-focused approach, the IIFT MBA program prepares students for a successful career in the dynamic and ever-evolving global business world.
IIFT - Important Exam Dates
|Registration begins||August 2022|
|Last date for registration||September 2022|
|Release of admit card||November 2022|
|IIFT 2023 exam date||December 2022|
|Release of answer key||December 2022|
|Result declaration||January 2023|
To apply for IIFT 2023, candidates will have to follow the below steps:
- Visit the official website of IIFT and register for the exam.
- Fill in the application form with all the necessary details such as personal, academic, and contact information.
- Upload the scanned copies of the required documents such as photograph, signature, and category certificate (if applicable).
- Pay the application fee through the available online payment modes.
- After successful submission of the application form, take a printout of the confirmation page for future reference.
- For General/OBC-NCL candidates: Rs. 2,500/-
- For SC/ST/PwD candidates: Rs. 1,000/-
- For Foreign Nationals/NRIs: USD 200 (or INR equivalent)
|Foreign Nationals/ NRIs||USD 200 (or INR equivalent)|
How To Apply for IIFT 2023
To apply for IIFT 2023, candidates must follow the steps given below:
- Registration: Visit the official website of IIFT and click on the “Apply Now” link. Register by providing basic details such as name, email id, mobile number, and date of birth.
- Application Form: Fill in the application form with personal, academic, and work experience details. Upload a recent passport-size photograph and signature.
- Application Fee: Pay the application fee through the online payment gateway using debit/credit card or net banking.
- Submit Application: After successful payment, submit the application form online. Take a printout of the filled application form for future reference.
- Admit Card: The admit card will be available for download on the official website of IIFT. Candidates can download it by entering their login credentials.
- Entrance Exam: On the day of the entrance exam, candidates must carry the printed copy of the admit card, along with a valid photo ID proof.
- Result: The result of IIFT 2023 will be announced on the official website. Candidates can check their result by entering their login credentials.
- Selection Process: Shortlisted candidates will have to appear for the selection process, which includes a Group Discussion (GD), Writing Skills Assessment (WSA), and Personal Interview (PI).
- Final Admission: The final admission of candidates will be based on their performance in the entrance exam, selection process, and other criteria set by IIFT.
Frequently Asked Questions (FAQs)
The IIFT 2023 exam will be conducted in online mode.
Yes, there is a negative marking of 1/3rd of the allotted marks for each wrong answer in the IIFT 2023 exam.
No, you cannot edit your IIFT application form after submitting it. However, you can correct some details by sending an email to the IIFT admission office.
The IIFT 2023 admit card is expected to be released in the first week of December 2022.
The selection process for admission to the IIFT MBA program involves a written test, group discussion, essay writing, and personal interview.
The IIFT exam pattern for the MBA program consists of four sections – Verbal Ability, Reading Comprehension, Quantitative Aptitude, and Data Interpretation & Logical Reasoning. The total duration of the exam is 2 hours.
IIFT - Eligibility Criteria:
IIFT (Indian Institute of Foreign Trade) has certain eligibility criteria that must be fulfilled by the candidates before they apply for the entrance exam. The eligibility criteria are as follows:
- Nationality: The candidate must be a citizen of India.
- Educational Qualification: The candidate must hold a Bachelor’s degree of minimum 3 years duration in any discipline from a recognized university/institute.
- Minimum Marks: The candidate must have secured at least 50% marks in their Bachelor’s degree. For SC, ST, and PwD candidates, the minimum required marks are 45%.
- Age Limit: There is no age limit for the candidates to apply for IIFT 2023.
Candidates who are in their final year of graduation can also apply for IIFT 2023, provided they complete their degree by June 30, 2023, and submit their graduation certificates at the time of admission.
It is important for the candidates to fulfill the eligibility criteria to be able to appear for the exam. The table below provides a summary of the eligibility criteria for IIFT 2023:
|Nationality||Must be an Indian citizen|
|Educational Qualification||Bachelor’s degree of minimum 3 years duration from a recognized university/institute|
|Minimum Marks||At least 50% marks in Bachelor’s degree (45% for SC, ST, and PwD candidates)|
|Age Limit||No age limit|
IIFT 2023 Cutoff is the minimum score required by the candidates to qualify for the next round of the selection process. The cutoff varies every year depending on various factors such as the difficulty level of the exam, the number of candidates appearing for the exam, and the number of seats available. Here are the important details about IIFT 2023 Cutoff.
Transition words: Firstly, In addition, Furthermore, Moreover, Additionally, Finally.
Name of the Category
Firstly, the sectional cutoff is the minimum score required by the candidates in each section of the exam, which includes Quantitative Ability, Data Interpretation and Logical Reasoning, and Verbal Ability and Reading Comprehension. In addition, candidates must clear the overall cutoff to qualify for the next round of the selection process.
Furthermore, the cutoff varies for each category of candidates. The General category candidates have the highest cutoff, followed by OBC(NCL), SC, ST, and PH categories. Moreover, the sectional cutoff and overall cutoff are different for each category of candidates.
Additionally, the cutoff for IIFT 2023 is expected to be higher than the previous year’s cutoff due to the increasing number of candidates appearing for the exam. Finally, the cutoff for the campus-wise and course-wise selection process may vary, and candidates must check the official website for the latest cutoff updates.
IIFT Admission Process
IIFT admission process is a multi-stage process that begins with the release of the IIFT application form and ends with the final selection of candidates. The process is highly competitive, and candidates are required to clear several rounds of selection to secure admission to the coveted institute.
The first stage of the IIFT admission process is the submission of the online application form. Candidates are required to fill out their personal and academic details, upload their photograph and signature, and pay the application fee. After the submission of the application form, candidates are required to download their admit cards.
The next stage of the IIFT admission process is the entrance examination. The exam tests candidates on various parameters, including quantitative ability, verbal ability, logical reasoning, and general awareness. The exam is conducted in both online and offline modes and consists of multiple-choice questions.
Based on the IIFT exam scores, candidates are shortlisted for the next round, which typically involves a group discussion and a personal interview. The group discussion tests candidates’ communication skills, leadership qualities, and ability to work in a team, while the personal interview assesses their overall personality, knowledge, and suitability for the program.
The final selection of candidates is based on their performance in all the rounds of selection, including the entrance exam, group discussion, and personal interview. The selected candidates are then required to pay the admission fee and complete the formalities to secure their admission to IIFT.