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Indian Institute of Foreign Trade,Kolkata

Kolkata, West Bengal | Ratings: 3/5 (12 votes) - Add Review
Established : 1963 | Accredited/Approved : UGC | Affiliated : AICTE

IIFT was established to impart professional education in modern management techniques relevant to international business. The institute aims to develop capacities among business executives to understand various trade and economic issues. Additionally, the IIFT Kolkata Campus conducts high-quality research that addresses domestic and world trade and business issues, proving it a tier 1 college. Moreover, they offer a diverse portfolio of long-term programs catering to aspiring International Business executives' and mid-career professionals' requirements.

IIFT Kolkata Courses include MBA (International Business), MBA Part Time, Executive Post Graduate Diploma in International Business, MA in Economics and Certificate courses in Export. Import Management. In addition, it offers management development programmes. Candidates can secure admission based on the entrance exam scores. IIFT has a rigorous academic curriculum prescribed by industry experts. NAAC has accredited it with an "A" Grade.

The campus is spread over 7 acres of land and is considered one of the finest in the eastern part of the country. It is well-designed and architecturally pleasing, with artistically designed buildings and well-maintained plush gardens and water bodies. With a picturesque view that never fails to impress visitors, The campus has one academic block, an admin block, and two residential hostels for students and visiting faculty.

About IIFT Kolkata

Particulars

Details

Institute Type

Public

Location

Kolkata, West Bengal

IIFT Kolkata established

1963

Approved

AICTE, UGC, MHRD

Accreditation

NAAC Grade A

Courses

MBA in International Business

Executive PG Diploma in International Business

MBA Part-time

MA in Economics

IIFT Kolkata Seat Intake

140 (MBA)

IIFT Kolkata Admission Process

Entrance Test

Application Mode

Online

Top Recruiters

Adani Group, Cargill, Diageo, Client Associates, Edelweiss

Official Website

https://www.iift.ac.in/iift/iiftkolkata.php

Is IIFT Kolkata worth joining?

There are several reasons to join the Indian Institute of Foreign Trade (IIFT) in Kolkata:

  • World-renowned institution: IIFT is a highly respected institution ranked among India's top 20 management institutes. It is also the only institute in India dedicated to studying international business.
  • Excellent faculty: The faculty at IIFT Kolkata are highly qualified and experienced professionals in international business. They bring a treasure of knowledge and expertise to the classroom, which can immensely benefit students.
  • Strong industry connections: IIFT Kolkata has strong connections with industry and international organizations. It allows students to interact with industry leaders and gain practical knowledge and skills.
  • International exposure: IIFT Kolkata offers international programs, including student exchange programs, study tours, and overseas internships. These programs allow students to gain exposure to global business practices and cultures.
  • Placements: IIFT Kolkata has a strong track record of placements, with many top companies visiting the campus for recruitment. It can be a huge advantage for students looking to start their careers in international business.

Overall, joining IIFT Kolkata can be an exceptional choice for students attentive in pursuing a career in international business, as it offers a range of opportunities to gain knowledge, skills, and practical experience in this field. Thus, IIFT Kolkata Reviews from Alumni are exceptional.

IIFT Kolkata Rankings

Though, IIFT Kolkata NIRF Ranking is unavailable. It has succeeded in achieving prestigious rankings from different platforms. Following are some of the significant rankings achieved by IIFT Kolkata Campus.

  • 10th Rank in business Today – MDRA.
  • 6th Rank in Chronicles All India B-School Survey.
  • 7th Rank in Business World – B-School Ranking.
  • 15th Rank in Outlook – B-School Survey.

IIFT Kolkata Courses and Fees

The flagship programme of IIFT is MBA (International Business), designed to equip business executives with the necessary skills and knowledge in international management. The six-trimester program covers all the crucial areas and disciplines relevant to international business activities. The course aims to provide comprehensive coverage of topics, focusing on general management, to meet the country's growing demands. This program is offered in two modes: full-time and part-time.

The IIFT Kolkata part-time MBA (International Business) program allows working executives to pursue the program without disrupting their regular work schedule. IIFT Kolkata MBA fees are approx INR 10 Lakhs per annum.

Besides, it offers admission to the Executive PG Diploma in International Business. This programme is a replica of the Executive MBA. It is specifically offered for working professionals. IIFT Kolkata Executive MBA fees are approx INR 3.6 Lakhs in total. It is also recognized as IIFT Kolkata Weekend MBA.

IIFT launched its first-ever MA (Economics) program specializing in trade and finance in Delhi and Kolkata campuses. The program's objectives are to prepare students to become excellent trade policy-makers, equip them with problem-solving tools, and prepare them to be full-time academicians. The program duration is two years, with two semesters each year, and it includes classroom courses and a dissertation project on any area of International Trade and Finance. IIFT Kolkata MA Economics fees are approx INR 3.75 Lakhs.

The IIFT Kolkata certificate courses in Export-Import Management are designed to upgrade the knowledge of working executives in export enterprises, service agencies, and institutions like banks, insurance, and chambers of commerce and enhance their operational competence.

The course covers various topics, including

  • International Marketing Management
  • Foreign Trade Policy and Customs Procedures,
  • International Trade Logistics
  • International Trade Operations
  • Export Import Documentation
  • Global Business Environment
  • International Trade Finance
  • Foreign Exchange Management.

Course

Specializations

Fees of IIFT Kolkata

MBA Full Time

International Business

 .20,97,314/-

Executive PG Diploma

International Business

 4,45,000

Certificate programmes

Export-Import Management

Capital & Financial Markets

Global Trade Logistics And Operations

--------

MA

Economics

 36,00,000

IIFT Kolkata Course Admissions

For the MBA full-time programme, candidates must appear for the IIFT Kolkata Entrance Exam, conducted nationally. However, the institute only considers the score of its exam for shortlisting the candidates. In addition, students must satisfy the IIFT Kolkata MBA Eligibility Criteria.

  1. Along with the written examination, candidates must undergo an essay writing and interview process for the final selection.
  2. For foreign nationals who wish to pursue an MBA at IIFT, the institute accepts a valid score on the General Management Aptitude Test (GMAT).
  3. Eligible and shortlisted students in this category would also undergo a personal interview.
  4. The IIFT Kolkata batch size for MBA is 140.
  5. If students seek admission to the certificate programmes, they must have at least two to three years of work experience.

MBA Selection Parameters and weightage

Rounds

Weightage

IIFT Written Test

65%

Group Discussion

15%

Personal Interview

20%

IIFT Kolkata cut off

Category

IIFT Kolkata MBA Cut off

General

52.75

General-EWS

47.75

OBC-NCL

47.75

SC

42.75

ST

42.75

PwD

42.75

Kashmiri Migrants / Non-Migrants

53.67

How to apply for IIFT Kolkata?

  • To apply for the MBA (IB) programme, interested candidates must complete an IIFT Kolkata online application form, which can be accessed through the institute's website.
  • The IIFT Kolkata application fee for General/OBC candidates is INR 2,000, while it is INR 1,000 for SC/ST/PWD candidates.
  • Applicants must register on the IIFT website under 'New Admissions' and pay the registration fee using the provided link. After completing the registration process, candidates must upload scanned copies of relevant certificates and other supporting documents while submitting their online application.
  • Candidates must mention their email id clearly in the application form to ensure timely communication and updates regarding their application status.
  • Candidates must adhere to the deadline and ensure all necessary information is provided in the application form to avoid complications.

IIFT Kolkata Placement

IIFT Kolkata Alumni network of over 50,000 members across 30+ countries, who are in CXO/ Chairman/ Partner positions in major MNCs, indicating strong leadership skills. The institution has a competitive culture, with students winning numerous accolades in major corporate competitions, such as the CFA Research Challenge and Mahindra War Room. These achievements showcase the institution's commitment to nurturing future business leaders who can excel in the global market during placement drives. As an outcome IIFT Kolkata MBA Placement Success rate is high.

During the latest placement season at IIFT, they witnessed a surge in demand for consulting roles, with 25% of the total offers being made in this domain. It indicates the institution's continued appeal to recruiters from the consulting industry, with legacy companies such as Cognizant, EY, Infosys, McKinsey & Co, Shangrila Corporate Services, Thoucentric, Wipro and ZS Associates offering their flagship consulting roles. The domain also saw significant growth, with management consulting offers seeing a remarkable 100% increase.

In addition, new recruiters such as Accenture Strategy, Deloitte India, Deloitte USI, and Optum Advisory made substantial hires, further cementing IIFT's position as a leading business school.

The placement season at IIFT witnessed remarkable success, with students receiving lucrative job offers both domestically and internationally. As a result, the IIFT Kolkata average package saw remarkable growth. It stood at INR 23 LPA. On the other hand, IIFT Kolkata Highest Package stood at INR 46 LPA. The international placements saw a remarkably high package being INR 80 lacs.

The top 10% of the students were offered an IIFT Kolkata MBA average package of INR 41.8 lacs. The top 50% received INR 29.7 lacs, indicating the exceptional quality of education and training provided by IIFT.

Particulars

IIFT Kolkata Placement 2023

IIFT Kolkata Placement 2023

Total no of Recruiters

108

82

New Recruiters

-

26

Batch Strength

-

392

Highest International package

INR 85.40 LPA

INR 80 LPA

Highest Domestic package

INR 75.6 LPA

INR 46.5 LPA

Pre Placement offers

-

34%

Average Package

INR 29.1 LPA

INR 25.16 LPA

Median Package

INR 25.6 LPA

INR 24 LPA

Average Package of Top 50%

-

INR 29.7 LPA

Average Package of Top 25%

INR 46.9 LPA

INR 34.3 LPA

Average Package of Top 10%

-

INR 41.8 LPA

Average Package of Females

-

INR 25.75 LPA

Average Package of Males

-

INR 24.97 LPA

Major Domains

Sales & Marketing (22%)

Consulting & Finance

Top Recruiters

Adani Group, Cargill, Diageo, Client Associates, Edelweiss

Accenture, Axis Bank, Asian Paints, Cipla

IIFT Kolkata Facilities

IIFT Kolkata offers a range of facilities to its students, including a well-stocked library with over 3780 books in management and 73 national and international journals. The library also provides access to electronic resources like EBSCO, Proquest, and JSTOR, among others, and has fully computerized resources with an Online Public Access Catalog. In addition, the institute's computer lab is well-equipped with computers, and WiFi services are also available to students.

The institute also boasts fully air-conditioned lecture halls with modern audio-visual aids, conference halls for round-table conferences, and an auditorium with a seating capacity of 500. Additionally, IIFT Kolkata provides an MDP Centre, indoor games, a sports ground, and excellent residential facilities for the students.

IIFT Kolkata Hostel Fees

  • Single Occupancy: Rs. 54,000 per trimester
  • Double Occupancy: Rs. 45,000 per trimester
  • Triple Occupancy: Rs.36,000 per trimester

IIFT Course fee structure

CourseFeesDuration
MBA - Finance 1650000 2 years
MBA - International Business 1650000 2 years
MBA - Human Resource Management 1650000 2 years
View All

IIFT Campus Facilities/Infrastructure

library
laboratory
auditorium
sports

Contact Information

Contact Numbers:

+91-33-2357 2854

Email ID:

na

Address:

J-1/14 (7th-9th Floor),
EP & GP Block, Sector-V
Salt Lake City,
, Kolkata, West Bengal, India

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