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Indian Institute of Foreign Trade - [IIFT], Kolkata - Course & Fees Details
IIFT Popular Courses
Full Time Courses
Top Courses | Total Fees | Eligibility | Application Dates |
|---|---|---|---|
| MBA (International Business) | ₹20.97 Lakhs | Graduation with 50% | 2 Aug - 31 May 2024 |
| MA (Economics) | ₹3.75 Lakhs | Graduation | 20 May 2024 |
| Ex-PGDM (Human Resource Management) | ₹4.45 Lakhs | Graduation | 31 May 2024 |
Ph.D (Economics) +1 More Ph.D Courses | ₹5,000 | Post Graduation with 55% | - |
Part Time Courses
Top Courses | Total Fees | Eligibility | Application Dates |
|---|---|---|---|
Certification (Export Import Management) +2 More Certification Courses | ₹75,000 | Graduation | 2 May - 31 May 2024 |
Top Courses, Fees & Eligibility
- All
- Part Time
- Full Time
Total Fees
₹ 20,97,314Exams accepted
EligibilityGraduation with 50%
Total Fees
₹ 8,75,000Exams accepted
Eligibility-
Total Fees
₹ 3,75,000Exams accepted
EligibilityGraduation
Total Fees
₹ 4,45,000Exams accepted
EligibilityGraduation
Total Fees
₹ 5,75,000Exams accepted
Eligibility-
Total Fees
₹ 65,000Exams accepted
EligibilityPost Graduation with 55%
Exams accepted
EligibilityGraduation
Total Fees
₹ 75,000Exams accepted
EligibilityGraduation
College Compared
Popular Colleges Compared With Indian Institute of Foreign Trade - [IIFT] , Kolkata
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Answered Questions
Indian Institute of Foreign Trade - [IIFT]: 32 answered questions
Here are a few factors that differentiate IIFT Delhi and IIFT Kolkata campuses.
- Location is certainly a differentiating factor between the Delhi campus and the Kolkata campus. Students of Delhi campus get more exposure due to the proximity to the mainstem industry and to Gurgaon’s Cybercity. But the student body of IIFT Kolkata goes the extra mile to make sure this is changing.
- Although the faculty of the Delhi campus is more diverse, the environment on Kolkata campus is more conducive for research.
- The Delhi campus has the WTO center, while there is a Center for North Eastern Studies (CeNEST) on the Kolkata campus.
- Although it’s not often talked about, there is a differentiation between placements at both campuses. However, IIFT Kolkata is catching up quickly in terms of placement numbers.
As established earlier, the Delhi campus has its advantages, but IIFT Kolkata is striving hard to bridge the gap.
IIFT Kolkata campus was built in 2016 and is designed to meet the needs of students while also making them feel at home.
Every class is air-conditioned and well-equipped. The library is well-kept, and you can access many journals and research papers via the college's Wi-Fi. Except for placements, when Kolkata students travel to Delhi, IIFT Kolkata and IIFT Delhi never meet. Even so, by the time Kolkata students arrived in Delhi, more than 40 students had been placed in their summer companies.
Delhi students are the first to arrive at interviews, and most companies complete their selections before Kolkata students arrive. The Placement Committee offers to choose students and push them through the processes that impress them within the first two months. As a result, only those who are good at standing out, with or without doing any work, have a chance to work for a good company.
IIFT Kolkata campus is cutting-edge, with all the amenities and vibrant cultural life. IIFT Kolkata has placements that are similar to IIFT Delhi because both campuses have common placements, there is no discrimination, and the faculties are the same for both campuses.
If you are waitlisted for IIFT Delhi, you will need to pay a certain fee to reserve your seat. You will move up the list, as the students ranked higher than you opt-out.
So, to simplify, there are students who got selected for IIFT Delhi, students who are selected for IIFT Kolkata, and students who are waitlisted. As a student who got admission to IIFT Delhi opts out, the first student is the list of students admitted to IIFT Kolkata moves to the Delhi list, and consequently the first students on the waiting list get into the IIFT Kolkata list.
The waitlist starts moving after reputed B-School such as IIM ABCL, XLRI, FMS, JBIMS announces their results.
Life at IIFT Delhi and IIFT Kolkata isn’t much different than any other B-Schools in the country. The first trimester will go by in a blur with multiple assignments, guest lectures, summer placement prep, etc. IIFT follows a regular schedule. There may be days with classes from 9 am to 9 pm. You will need to do your assignments, prepare case studies, study for quizzes, and also do extra-curricular activities.
Life outside academics is more fun in Delhi. There are more places to explore nearby the campus.
Most of the people have suggested that overall all the three colleges are good and you will not be facing any problem if you take admission in any one of them. The NITIE College is good operations management, MDI is good for General management and Human resource management and IIFT is good for International trade. So, it depends upon you which branch you are interested in.
The overall reviews of these colleges are as follows:
MDI:
- This college is fairly consistent in getting top 10 rankings.
- There are various kinds of live projects in the college which will help you in understanding the working culture in the corporate industry. Some of this live project will also allow formulating business strategies.
- You will be having access to great infrastructure such as Bloomberg terminal and EuroMonitor database.
- Along with the vibrant campus you will also be getting right guidance from Professors like Prof Bakshi , Prof Chatterjee and Prof. Mitra who will help you in getting the right path.
- You will also be getting great placement opportunities in various fields.
NITIE:
- Operations management in this college is very good.
- It is located in Mumbai and because of this location that will get lots of live projects in the industries.
- The college also provides good placement in the field of supply chain management, operations management, etc.
- This college also has a good alumni base. There is not much flexibility in the placements and the rest depends upon you.
IIFT Kolkata:
- It is one of the greatest colleges with economics and trade as its pillars.
- If you are looking for branches like international business and operations management then this is the best college.
- There is a slight disadvantage between Kolkata and Delhi branches but the placements in both locations are similar.
The comparison table of MDI, NITIE, and IIFT Kolkata are as follows:
|
MDI |
NITIE |
IIFT Kolkata |
|
|
Placement percentage |
100% |
100% |
100% |
|
Highest Package |
40.5 Lakhs |
46.50 Lakhs |
45.45 Lakhs |
|
Average package |
22.05 Lakhs |
20.55 Lakhs |
29.00 Lakhs |
Overall IIFT-K is only good for trade and economics. For placements in finance, marketing and consulting roles MDI is a much better college than IIFT K and for operations management, NITIE is the best.
If you are interested in pursuing a Master of Business Administration (MBA) program at the Indian Institute of Foreign Trade (IIFT) in Kolkata, there are a few steps you will need to take to apply for admission:
- Check eligibility criteria: The minimum eligibility criteria for the MBA program at IIFT Kolkata is a Bachelor's degree from a recognized university with a minimum of 50% marks. Additionally, you must have appeared for any of the following entrance exams: CAT, XAT, GMAT, or IIFT entrance exam.
- Register and apply online: You will need to register and apply online through the official website of IIFT. During the application process, you will need to provide personal information, educational qualifications, and work experience (if applicable). You will also need to upload scanned copies of your documents, photograph, and signature.
- Pay the application fee: The application fee for the MBA program at IIFT Kolkata is typically around INR 2,500 for general category candidates and INR 1,000 for SC/ST/PWD candidates.
- Attend the selection process: The selection process typically includes a written test, group discussion, and personal interviews.
- Receive admission offer: The institute will release a list of selected candidates. If you are selected, you will receive an admission offer from IIFT Kolkata.
It is important to note that the admission process for IIFT Kolkata can be highly competitive, and it is recommended to start preparing for the entrance exams well in advance. Additionally, it is important to keep track of the important dates and deadlines for admission and to ensure that all required documents and fees are submitted on time.
Yes, you can get a call from IIFT Kolkata. But it will depend on your rank. Your preference will play a role in your selection, only if you can secure the cutoff required for IIFT Delhi. It has a higher cutoff requirement, and top rankers are allotted seats in IIFT Delhi. So, the campus allotment depends completely on your final rank. If you have a lower rank than IIFT Delhi cut off, you will get IIFT Kolkata, irrespective of your preference.
NMIMS Mumbai is a better option among these, especially for Finance specialization. Located in Mumbai, the Finance capital of the country, it offers huge locational advantages. Many big names in the Industry take part in NMIMS Mumbai placements. Infosys, Accenture, Aditya Birla Capital, etc. took part in the 2022 placement drive. The average CTC offered to students this year was INR 19.40 LPA.
NMIMS focuses on hands-on learning. Various learning resources offered by the institute includes Bloomberg labs, access to a huge repository of market data and e-journals, WeCare internship program, etc.
Although NMIMS has a large alumni base, in terms of facilities, and exposure, it is better than IIFT Kolkata.
In the previous year during the time of admission, the selections were really unpredictable. Students with high-end percentile were kept on the waitlist and some students with low percentile were selected immediately.
- Students with 99.90 %tile with 58 marks were wait-listed but then girls with 50 marks were selected in IIFT-D in the first merit list.
- In the past years, the selections were really unpredictable. Even with a good score in exams and working experience chances are that you will not be selected.
- After talking to seniors or some experts in this profession you will get a detailed opinion of what to do.
- People who have done their MBA recommend that it is wise to select IIFT Kolkata rather than waiting for another year.
- IIFT Kolkata is also a very reputed institute
Even if you take a year gap you’ll most probably stay on the same level as before. If you get into IIM-A, IIM-B you will pass on later and get a job based on no working experience. If you select IIFT Kolkata in the present year you might get a better chance than in IIM as a fresher in the year after. The only advantage you will have is the name and fame of IIM.
My friend is studying with NMIMS and it's good and easy to get into as well. There are 3 attempts available for NMAT whereas IIFT is a step higher on the difficulty scale. The positive aspect of this is that the crowd at IIFT has intellectuals.
Apart from this, here are some more highlights-
- IIFT is well known as a trade research and consulting institution in India. Its personal brand is now part of the 'top b-schools in India' lists. It has also been ranked in the top 10s.
- Whereas NMIMS is a new school and is a step lower in branding but it's trying its best to catch up.
- The batch size of IIFT is half that of NMIMS. So IIFT becomes for those with decent academic scores, a place of success where they get to be top profiles. In NMIMS it becomes a struggle.
- Students in the Kolkata campus are able to apply to companies visiting IIFT Delhi as well.
- As for the location, Mumbai is a buzzing city and Kolkata is mellowed but dreamy. If you choose to go for NMIMS, then know that it doesn't have a hostel life. Students live on rent near the campus. IIFT Kolkata does have hostels.
- The mess at IIFT Kolkata is pretty decent and the hostel has single sharing accommodation which is rare for most B-schools. All in all, IIFT has a better hostel life than NMIMS.
Lastly, you'll have to pay more at both colleges but IIFT would be INR 3-4 lakhs cheaper than NMIMS and IIFT has a stupendous alumni network in the area of international trade. You may now decide based on your future goals.
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