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MFT Admission 2023: Important Dates, Entrance Exams, Top Colleges, Admission Process

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Arunima Sethi

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MFT Admission 2023 is based on candidates' performance in a relevant entrance test, followed by a subsequent round of counseling. The round of counseling consists of two additional rounds i.e., Group Discussion and Personal Interview round, wherein the candidate’s general aptitude for the course is examined.

Some institutes conduct their own entrance exams for offering MFT Admission. The admission process generally varies across colleges or universities. Candidates are required to hold a Graduation degree in any stream, from a recognized university. An aspirant should have a minimum aggregate score of 50% (45% for SC/ST/OBC candidates) at graduation level.

Master of Foreign Trade is a postgraduate course in Foreign Trade Management. Executive Management covers foreign trade or international trade, which is also known as the Import-Export domain in India. It generally represents a significant share of gross domestic product (GDP). It is the export of all goods and services to foreign countries and it is the import of all goods and services to the home country.

MFT Admission 2023: Entrance Exams Schedule

Enrollment in the Master of Foreign Trade course necessitates qualifying for the entrance examination conducted by different institutes located all over the country. To name a few of the entrance examinations conducted for MFT course in India here is a list:

Here’s a detailed timeline of the admission processes and guidelines regarding programs in 2023:

Entrance Exam Registration Date Exam Date
CAT August 3 – September 21, 2022 November 27, 2022
MAT (February Session) December 27 – February 14, 2023 (PBT Mode)
December 27 – February 21, 2023 (CBT Mode)
December 27 – February 27, 2023 (CBT Mode)
February 19, 2023 (PBT Mode)
February 26, 2023 (CBT Mode)
March 04, 2023 (CBT Mode)
CMAT December 26 – February 25, 2023 March 26, 2023
XAT August 10 – December 12, 2022 January 08, 2023
GMAT Throughout the year Throughout the year
IIFT October 01 – November 14, 2022 December 11, 2022

MFT Admission 2023: Top Colleges

Tabulated below are the lists of top ­Master of Foreign Trade colleges and universities in India where application to MFT course in 2023 are still ongoing:

Followings are some of the top Master of Foreign Trade colleges and universities in India.

MFT Admission Process 2023

Followings are the steps to be followed while applying for an MFT program:

  • Fill up the complete registration form after reading it very carefully.
  • To get a preference in a leading MFT college or University, please obtain a higher score in the entrance tests conducted for MFT.
  • Fill in the required details for the Personal Interview round.
  • After getting shortlisted, register for the final admission round.

MFT Admission 2023: Step-by-Step Guide

Before appearing for any entrance test or admission round, please read the eligibility criteria for the course very carefully.

  • The minimum criteria for maximum MFT colleges are 50% in bachelor's degree from a recognized university with a good score in entrance tests.
  • Before taking admission, decide your specialization carefully. Check out the details of all kinds of fees demanded by any MFT college or university.
  • Do check the list of top-ranked MFT colleges, institutes, or universities in the country.
  • For candidates' better experience and understanding, they can go through the previous record, and placement data of the MFT institute.
  • Fill the application form very carefully and upload the required documents in the prescribed format.
  • Pay the registration fee and download a copy of the form for future reference.
  • Appear for the entrance exam, once the result is announced candidates will be called for counseling sessions.
  • Accept the offer and pay the fees.

MFT Admission Tips 2023

Here some preparation tips are mentioned to crack the entrance exam for MFT Admission:-

  • Study regularly and try to maintain your timetable according to the subjects.
  • Follow a daily routine for better preparation for aptitude tests.
  • Check out the interviews of professionals for a better understanding of PI.
  • Keep an eye on the cut-offs for different institutes for MFT.
  • Go through the previous year's exam paper for the entrance test.
  • Attempt mock tests and analyze your performance.

MFT Admission 2023: FAQs

Ques. How should one prepare for the IIFT?

Ans. IIFT is one of the most aimed at and applied for MBA entrance exams in recent times. It opens doors to many top Institutes like IIFT Delhi and IIFT Kolkata, which are considered to be amongst the top B-schools in the country. 

Ques. Are MFT Entrance exams tough?

Ans. Yes, competitive exams such as CAT, GMAT, XAT, MAT etc., are tough. It is because Lakhs of people apply for the entrance exams and hence the admission process is long enough and tough too so that only deserving and hard-working candidates are admitted.

Ques. Is any college good to do an MFT?

Ans. All colleges are not the same to pursue an MFT Program. Each college has its advantages or disadvantages. Students are advised to check the rankings, fee structures and eligibility criteria before taking admission in a college.

Ques. What is the process of MFT admission?

Ans. MFT Admission process varies from college to college. Mostly it includes Entrance Exam, Written Ability Test (WAT), Group Discussion (GD), and Personal Interview (PI). Many colleges ask for work experience and also consider 10th and 12th marks for the final selection.

Ques. How difficult is the IIFT entrance test as compared to CAT?

Ans. Both the exams are very similar to each other and one cannot easily differentiate between the difficulties levels of both the exams. Preparation for CAT will easily prepare you for the IIFT entrance examination. The only difference between them is in the pattern of the exam. The one more difference is that IIFT requires a timing strategy as there are individual cut-offs for different sections and one cannot afford to score high in one section and low in the other section.

Ques. Which colleges are best for MFT placements?

Ans. Indian Institute of Foreign Trade, Symbiosis Institute of Management Studies, FORE School of Management is considered as some of the best institutes in placement.

Ques. Mention some of the roles that one can be offered after completing a course in MFT?

Ans. A foreign trade student can work as follows: Foreign Trade Manager, Export Manager, Relationship Manager, Business Development Manager, Foreign Trade Analyst, Foreign Trade and Purchasing Specialist, Supply Chain Manager, Business Development Manager, Market Research Executive, Global Trade Manager, Customs & Global Trade Automation Manager etc.

Ques. What was last year's cut-off for the IIFT for Master of Foreign Trade?

Ans. Last year's cut-off for the IIFT for Master of Foreign Trade was 95.

Ask your question

Answered Questions

RS

Ravi Shankar Singh

16 Feb 23

Pursuing an MBA in International Business from SIIB Pune is a worthwhile investment. The institution is considered the second best option after IIFT, New Delhi, and offers a high-quality education with a diverse peer group coming from various backgrounds and parts of the country.

International Business courses are particularly valuable as they prepare students for the global nature of business today. With the increasing interconnectivity of the business world, all corporations require a global presence. Therefore, it is recommended to consider SIIB Pune as an institution for MBA in International Business.

...Show More

JT

Jayant Thakur

27 Feb 23

It's important to research the institution's alum base, the profiles offered during placement, the corporate competitions won by the business school, and the brands that frequently visit for recruitment when you are considering a suitable college for an MBA in international business. 


In terms of IIFT, it is considered a niche college for international business. However, it's important to keep in mind that the competition for admission is very tough compared to the Delhi School of Economics. It's important to keep in mind that DSE and IIFT are not in the same league. It's important for you to conduct your research and weigh your options before making a decision.

...Show More

SM

Suprakash Mitra

04 Sept 20

Between KJ Somaiya- FS, FORE IB, and PGDM in GLIM, Gurgaon which one you should choose depends on your perspective and expectation from the MBA degree. Given below is a brief discussion on the programs maintained in the question.

KJ Somaiya:

KJ Somaiya is considered one of the best MBA institutions. Situated in the finance capital of the country, Mumbai, KJ Somaiya offers excellent placements in the Finance domain.

  • Admission: Students are shortlisted for admission into the MBA in Financial Services program based on their CAT, XAT, CMAT, or GMAT score and the final selection is based on their performance in Group Discussion and Personal Interview. The total course fee is 14.93 lakhs.
  • Placements: According to the placement statistics of 2020, around97% of students have secured job opportunities. The highest and average salary packages of the institute are 28.50 LPA and 10.08 LPA respectively. The recruiting companies are - Johnson & Johnson, AT&T, Intel, Microsoft, Godrej, etc. Banking & Insurance (31%) and Finance Services (16%) are the top sectors in which students get employed.

FORE School of Management -

PGDM IB (International Business Management) is a 2 year full time course which aims at preparing students to take up careers in corporate houses and family businesses engaged in International Business Operations. It provides management education in the context of the global business environment.

  • Admission: The prerequisite to take admission to the PGDM IM program is at least 50% in graduation and valid CAT/XAT/GMAT score. The total course fee is 15.9 lakhs.
  • Placements: Major recruiters at the 2019 placement were Asian Paints, HUL, ITC, Nivea, Philips Lighting, Deloitte, Vivo, HSBC, Schneider electric, etc. The BFSI (Banking, Financial Services, and Insurance) sector made the highest offers with a total of 38% offers. The average salary package offered was around 10.8 LPA.

Great Lakes Institute of Management, Gurgaon -

It is one of the top 5 emerging MBA colleges in Delhi NCR.

  • Admission: For taking admissiona candidate should have a minimum of 50% in their graduation and a valid CAT, GMAT, XAT or CMAT.
  • Placements: The PGDM batch has a 100% placement record. The leading recruiters are Aditya Birla, Axis Bank, Deloitte, Federal Bank, Gartner, Hexaware, ICICI bank, KPMG, NIIT Technologies, SecureNow, etc. The highest and average salary package offered at the institute is respectively 13.6 LPA and 9.15 LPA. BFSI was the top sector with a 41 % placement rate.
...Show More

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