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Indian Institute of Foreign Trade - [IIFT], Kolkata

Kolkata, West BengalState University

What's New in IIFT Kolkata?

During IIFT Kolkata Placements 2023, the highest package stood at INR 85.40 LPA & the average package stood at INR 29.10 LPA. IIFT has concluded its summer placement 2022-24 for MBA(IB) batch. The highest stipend stood at 3.75L and the average stipend stood at 2.63L.

Indian Institute of Foreign Trade (IIFT) is an autonomous public business school. It has chosen West Bengal as the region to establish its first-ever campus outside Delhi. IIFT Kolkata, established in the year 2006, located in Salt Lake City. Its flagship program is the Master of Business Administration in International Business. It is the only institute among the top 10 business schools in India that offers this program. IIFT has been consistently ranked among the Top 10 B-Schools in the country. 

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IIFT Kolkata Courses

IIFT has a rigorous curriculum and has been ranked the 2nd ranked institute in India in terms of its pedagogy. The courses are designed to put an international focus along with mandatory foreign language course. Following are the courses offered at Kolkata Campus: 

  • Ph.D. Programme 
  • MBA in International Business ( Full-Time and Part-Time)
  • Executive Post Graduate Diploma in International Business
  • Certificate Programme in Export Management

Check IIFT Courses with Fees

IIFT Kolkata Important Dates

MBA-IB
IIFT Exam Registration 1st October - 14th November 2022
Last Date to Apply for MBA-IB 11th November 2022
IIFT Form Correction window 16th - 20th November 2022
IIFT Admit Card November 2022
IIFT Entrance Exam 18th December 2022
IIFT Result 3rd or 4th Week of Janurary, 2023
IIFT Shortlist Release Date January 2023
IIFT GD-PI-WAT February - March 2023
Final Admission Offer May 31, 2023
PhD
Last Date to Apply May 31, 2023
MA (Economics - Specialization in Trade & Finance)
Last Date for Online Application Form June 10, 2023
Date for AI Proctoring-Based Entrance Exam June 24, 2023
Date of Online Interview of Shortlisted Candidates July 10, 2023 onwards (Tentatively)
Commencement of Session August 16, 2023


IIFT Kolkata Admissions

IIFT is a leading business school in the country and is famous for its management courses. For taking admission in this prestigious institute, one needs to appear for entrance examination namely IIFT conducted at the national level. It considers only the score of its own exam for shortlisting the candidates for admissions. Apart from the written examination, the admission procedure also includes essay writing and an interview for final selection. Below mentioned are the eligibility criteria for the entrance exam: 

Indian Students International Students
The candidate must have a Bachelor’s Degree from a recognized board with at least 50% marks. Students in their final year can also apply for the entrance exam.  The candidate should produce a valid GMAT score and residence proof. NRI students are not eligible under this category. 

Read about IIFT Admissions


IIFT Kolkata Facilities

  1. Library: IIFT library is a veritable storehouse of information for the students and includes almost 3780 books in almost all areas relevant to management and around 73 National and International Journals. Almost all business dailies are also available in its periodical section. A limited collection of electronic resources in the form of CD, DVD, floppies are also available along with an e-library. The sources include EBSCO, Proquest, JSTOR, Emerald, World Trade Atlas, and many more. The resources of the library are fully computerized with the installation of LIBSYS 4, an integrated software which includes the facility of Online Public Access Catalogue. 
  2. Computer Lab: The lab at IIFT Kolkata is well equipped with computers for student access. WiFi services are also made available to the students on the campus. Libsys, Prowess, India Trades services have been facilitated locally whereas other web services are being facilitated to IIFT Kolkata over NLD line.

Other facilities provided by the institute include fully air-conditioned lecture halls with modern audio‐visual aids, conference halls for round‐table conferences, an auditorium of 500 seating capacity, MDP Centre, indoor games, sports ground, besides excellent residential facilities for the students.


IIFT Kolkata Placements

IIFT has recently concluded the placement drive for its 2021-23 batch. IIFT highest international package stood at INR 85.40 LPA & IIFT highest domestic package stood at INR 75.6 LPA whereas IIFT average package stood at INR 29.1 LPA. The highest number of offers came from the Sales & Marketing domain (22%) followed by the Consulting domain (20%). The highlights of IIFT Placements 2023 are tabulated below:

Particulars Placements Statistics 2023
No. of Recruiters 108
Highest International CTC INR 85.40 LPA
Highest Domestic CTC INR 76.5 LPA
Average CTC INR 29.1 LPA
Median CTC INR 26.5 LPA
Average CTC of Top 25% INR 46.5 LPA
Major Domains Sales & Marketing (22%)
Top Recruiters Adani Group, Cargill, Diageo, Client Associates, Edelweiss

Click here for  IIFT Placement 


IIFT Kolkata Extracurricular Activities

BLASH: It is the Trade club at IIFT, with the task of organizing all the activities which help the students at IIFT comprehend the essence of trading activities and at the same time, instills deep knowledge with regards to the current trends and basics about the world of international trade

Cashonova: The Cashonova Club at IIFT aims to generate interest and be the platform for fine-tuning skills of the students pertaining to areas of Corporate Finance, Investments, Valuations, and Banking and Financial markets.

Socrates: It is a platform where students who are passionate about making a career in consulting come together and learn the different facets of the world of consulting. The club aims to complement classroom learning and present a wider view of the consulting domain to its members in order to broaden their horizons.

Koshish: It is the social awareness club of IIFT to sensitize the students to the needs and problems of society and social and economic development.

Systemix: is the Business Technology Club at IIFT. It aims to provide participants an exposure to the emerging trends in technology and provides a platform to the students to make a career in Information Technology.


IIFT Kolkata Ranking

  • As of 2014, IIFT was ranked 6th in India by the Wall Street Journal
  • Ranked 21 by the QS Global 200 Business Schools Report in the Asia-Pacific region for 2012
  • Ranked 7th by the Business Today 50 best business schools of 2011

Ques. What are the courses offered at IIFT Kolkata? 

Ans. The courses offered by IIFT Kolkata are - 

  • Ph.D. Programme 
  • MBA in International Business ( Full-Time and Part-Time)
  • Executive Post Graduate Diploma in International Business
  • Certificate Programme in Export Management

Ques. What are the admission criteria for various courses at IIFT Kolkata? 

Ans. The admission criteria for various courses at IIFT Kolkata are as follows - 

  • The admission takes place on the basis on an Entrance exam. 
  • Applicants can appear for the exam through two modes of application - Online and Offline
  • The name of the Entrance Exam is CAT/GMAT.

Ques. How is the placement avenue at IIFT Kolkata? 

Ans. IIFT Kolkata provides great placement opportunities for its students. Some of the frequent recruiters include 

  • Rivigo, Bata, Roland Berger, Lenskart, United Health Group, Go-MMT, Paytm, Aegis Resources, Tata Global Beverages, Axtria, HomeCredit, DE Shaw Group, Field, Polycab, Export Trading Group, Zomato and many more.

Ques. Are there extracurricular activities that candidates can indulge in IIFT Kolkata? 

Ans. IIFT Kolkata provides a range of extracurricular activities that students can take part in. They are as follows - 

  • BLASH: It is the Trade club at IIFT. 
  • Casanova: The Casanova Club at IIFT aims to generate interest in Corporate Finance, Investments, Valuations, and Banking and Financial markets.
  • Socrates: It is a platform where students who are passionate about making a career in consulting come together and learn the different facets of the world of consulting. 
  • Koshish: It is the social awareness club of IIFT. 
  • Systemix: It is the Business Technology Club at IIFT. 
  • Students can also choose to play multiple sports for the college.

Ques. What are the facilities available at IIFT Kolkata? 

Ans. IIFT Kolkata has a very spacious campus with a plethora of facilities available within campus. These facilities are provided by the college. They are - 

  • Library: IIFT library is a veritable storehouse of information for the students and includes almost 3780 books in almost all areas relevant to management and around 73 National and International Journals.
  • Computer Lab: The lab at IIFT Kolkata is well equipped with computers and WIFI for student access. 
  • Other facilities provided by the institute include fully air-conditioned lecture halls with modern audio‐visual aids, conference halls for round‐table conferences, an auditorium of 500 seating capacity, MDP Centre, indoor games, sports ground, besides excellent residential facilities for the students.

There are also many private facility providers such as food stalls, etc. 

Ques. How are the hostel facilities at IIFT Kolkata? 

Ans. The hostel facilities at IIFT Kolkata are very good. There are separate hostels for boys and girls with superb facilities such as individual rooms, wifi connectivity, hygienic common places. The rooms have study tables, cupboards and beds.


Top Courses, Fees & Eligibility

Select degree :
MBAMAEx-PGDMPh.DMDPCertification
Select stream :
ManagementArts

Duration2 Year(s)
Exams accepted
Application Date2 Aug - 31 May 2024
EligibilityGraduation with 50%
Cut offnull MBA International BusinessRankingNo Ranking Found

Total Fees

875,000
Duration2 Year(s)
Exams accepted
Application Date2 Aug - 31 May 2024
Eligibility-
Cut off-RankingNo Ranking Found

Total Fees

375,000
Duration2 Year(s)
Exams accepted
No Exams Found

Application Date20 May 2024
EligibilityGraduation
Cut off-RankingNo Ranking Found

Total Fees

445,000
Duration2 Year(s)
Exams accepted
No Exams Found

Application Date31 May 2024
EligibilityGraduation
Cut off-RankingNo Ranking Found

Total Fees

575,000
Duration3 Year(s)
Exams accepted
No Exams Found

Application Date-
Eligibility-
Cut off-RankingNo Ranking Found

Total Fees

65,000
Duration3 Year(s)
Exams accepted
No Exams Found

Application Date-
EligibilityPost Graduation with 55%
Cut off-RankingNo Ranking Found

Total Fees

75,000
Duration4 Months
Exams accepted
No Exams Found

Application Date2 May - 31 May 2024
EligibilityGraduation
Cut off-RankingNo Ranking Found


College Compared

Popular Colleges Compared With Indian Institute of Foreign Trade - [IIFT] , Kolkata


College Faculty

Basic Information About Faculty

Dr. K. Rangarajan

Professor


Dr. R.P. Datta

Professor


Dr. Ranajoy Bhattacharyya

Professor


Dr. Saswati Tripathi

Associate Professor


Dr. Biswajit Nag

Associate Professor


Dr. R.P. Sharma

Associate Professor


Dr. P.K. Das

Associate Professor

Dr. Deepankar Sinha

Associate Professor


Placement

Find Placement Details about Indian Institute of Foreign Trade - [IIFT] here.

companyAditya Birla Group testing root
companyAmazon
companyBain & Company India Private Limited

In News

Catch All Media Coverage Of This College

IIFT Advance Certificate Programme Admission 2023 Open
New Delhi: The Indian Institute of Foreign Trade is offering an Advanced Certificate Programme in Lean Logistics and Productivity Improvement throug online mode for the academic session 2023-24. Candidates aspiring to get an Advance Certificate Programme degree from IIFT can submit the onlin
Admission Story IIFT Kolkata Ayush Madhepuram
Ayush Madhepuram is an MBA student. He got Admission to IIFT Kolkata with 95.45% in the entrance exam. He finished his graduation from Christ University with 8.8 GPA. Ayush had work experience at Deloitte before taking admission to the Institute. Ayush Madhepuram shared his IIFT Kolkata Admission
Admission story IIFT Kolkata Kanha Sharma
Kanha Sharma is an IIFT Kolkata MBA student. He got Admission at IIFT Kolkata with 91.38% in the IIFT entrance exam. He completed his graduation from Faculty of Social Sciences, BHU with a 8.37 GPA. He shared his IIFT MBA-IB Admission experience with the Collegedunia Team, read below Colleg
Admission Story IIFT Kolkata Devyanshi Saxena
Devyanshi converted IIFT Kolkata MBA program with IIFT percentage of 97.95%. She passed out from Dyal Singh College with 7.4 GPA and had no work prior experience. In this interview, Devyanshi shared her IIFT Kolkata MBA Admission experience with the Collegedunia Team. Collegedunia Team: Wha

Contact details & location

Get contact details of Indian Institute of Foreign Trade - [IIFT]

1583 Madurdaha, Chowbagha Road, Ward No 108, Borough XII India - 700107
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Answered Questions

Indian Institute of Foreign Trade - [IIFT]: 32 answered questions

SG

Sreeja Gupta

23 Feb 22MBA International Business, Indian Institute of Foreign Trade, Delhi

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. 


LA

Lagan Aarya

04 Nov 22M.B.A. from Indian Institute of Foreign Trade (Graduated 2020)

 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.


KM

Kishan Menon

15 Jun 22Studied MBA in International Business at Indian Institute of Foreign Trade, Delhi

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. 


SR

Sunidhi Rastogi

23 Aug 22Studied at Indian Institute of Foreign Trade, Delhi

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.


SA

Sashank Arora

26 Mar 21studied MBA in Marketing & Operations at Management Development Institute, Gurgaon (2017)

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.


SL
SM

Sunayana Mukherjee

12 Apr 23studied at Indian Institute of Foreign Trade

 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.


BP

Binoy Puri

23 Aug 22Studied at Indian Institute of Foreign Trade, Delhi

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. 


SM

Sunayana Mukherjee

23 Aug 22studied at Indian Institute of Foreign Trade

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. 


SS

Sayantika Sen

23 Jun 21Studied at Jadavpur University (2018)

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.


AC

Anuj Chabbra

07 Jul 21PGDM from NMIMS Mumbai

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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