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Indian Institute of Foreign Trade (IIFT) Admission to MBA in International Business (MBA-IB) 2021-23
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MBA (International Business) is a six-trimester general management programme with a focus on International Business for developing a competent cadre of business executives to meet the countrys growing requirements for trained personnel in the field of International Business Management. Developments in the international market on the one hand and the consequential impact of the same on Indias domestic market on the other, call for an increasingly professional approach and sensitivity to international business environment.

    + Important Dates

    Last date to apply online 20.12.2020
    Last date to apply online and to submit GMAT score for Foreign Nationals/NRIs 15.03.2020
    Computer Based Online Text 24.01.2021

    + Course Structure

    In addition to the Core Courses, the choice of Elective Courses offered to students has also been increased. This is in keeping with the objective of aligning Elective Courses with changing dynamics of the business world, as well as to make the courses more industry relevant. Induction Courses based on soft Skills and Mathematics are also offered in Trimester-I. The course Structure of MBA(IB) is as follows:

    Core Courses (to be offered in Six Trimesters)
    1. Business Economics 2. Business Research Methods 3. Business Statistics
    4. Corporate Ethics & Governance 5. Data Analytics 6. Financial Accounting
    7. Financial Management-I 8. Financial Management-II 9. Human Resource Management
    10. India and WTO 11. International Business Strategy 12. International Economics
    13. International Financial Management 14. International Marketing Management 15. International Trade Logistics
    16. International Trade Operations & Documentation 17. IT Application in Management-I 18. IT Application in Management-II
    19. Legal Aspects of Business 20. Macro Economics 21. Management Accounting
    22. Management of Global Sourcing 23. Managerial Communication 24. Marketing Management
    25. Operations Management 26. Operations Research 27. Organizational Behaviour
    28. Strategic Management 29. Supply Chain Management 30. Trade Analytics

    Elective Courses
    • General Management and Strategy
      1. Competitive Strategy 2. Entrepreneurship
      3. International Contract Management 4. Management of Strategic Alliances
      5. New Venture Creation & Start ups 6. Strategy Execution & Tools
    • Quantitative Techniques & Operations Management
      1. Advanced Forecasting Techniques for Business Applications 2. Advanced Supply Chain Management
      3. Modeling in SCM: SCOR Approach 4. Multi-Variate Data Analysis & Forecasting Techniques
      5. Procurement & Material Management  
    • Information Technology
      1. Artificial Intelligence 2. Enterprise Resource Planning (ERP) Systems
      3. IT Project Consultancy & Management 4. Online Business & E-Commerce
    • Finance
      1. Financial Derivatives & Risk Management 2. Financial Modeling
      3. Financial Risk Management 4. Financing of International Trade
      5. Management of Financial Services 6. Mergers & Acquisitions
      7. Project Appraisal & Finance 8. Security Analysis & Portfolio Management
    • Marketing
      1. Advertising & Promotion Management 2. B2B Marketing
      3. Brand Management 4. Consumer Behaviour
      5. Customer Relationship Management 6. Digital Marketing
      7. Marketing of Services 8. Marketing Research
      9. Retail Management 10. Rural Marketing
      11. Sales & Distribution Management 12. Strategic Market Planning & Decision Making
    • International Trade Operations & Logistics
      1. Agri-Commodity Trading (ACT) 2. Customs Procedure in GST Regime
      3. Green Strategy for Global Operations & Logistics 4. Management of Shipping Services
      5. Managing Global Compliance in Exports 6. Sectoral Strategies for International Business (Seminar Course)
    • Human Resource
      1. Competency Mapping 2. Cross Cultural Management
      3. HR Matrices & Organizational Performance 4. International Human Resource Management Practices
      5. Labour Laws & Industrial Relations 6. Organizational Transformation & Change Management
      7. Strategic HR  
    • Economics of Strategy
      1. Applied Econometrics 2. Game Theory & Strategy
      3. International Investment Treaties & Business Decisions 4. Management of Pricing

    + Fee Structure

    Fee
    The annual tuition fee payable by each participant for the MBA (IB) batch 2020-22 was Rs. 8,85,000/- which has to be paid in three installments. There are other charges of Rs. 32,500/- for first year and Rs. 22,500/- in the second year for computer facility, internet, library, alumni charges and IMF (student body). The students of SC, ST and PWD category are given 50% concession in tuition fee only.

    Foreign Nationals and NRI Students will pay the annual tuition fee along with other charges in a single installment at the time of admission in the first year and by the start of second year. The fee for the 2020-22 batch under this category is US$ 30,000 per year and other charges of Rs. 32,500/- for first year and Rs. 22,500/- in the second year.

    THE EXACT AMOUNT OF TUITION FEE AND OTHER CHARGES, APPLICABLE FOR MBA (IB) 2021-23 BATCH WILL BE INFORMED TO THE STUDENTS AT THE TIME OF SENDING THE OFFER LETTERS.

    Refund of Fee
    (Applicable to all categories of candidates)
    • If a student opts to withdraw from the programme, the institute shall follow the guidelines issued by GoI /UGC from time to time for refund of fee.
    Hostel Fee
    MBA (IB) is a residential programme and all the students are required to stay in the hostel. In Delhi, the students are allotted accommodation on double / triple occupancy basis at the sole discretion of the Institute. The hostel rent for the 2021-23 batch is Rs. 53,400/- per student per annum on triple occupancy basis and Rs. 57,000/- on double occupancy basis.

    In Kolkata, the students are allotted accommodation on single occupancy basis. The hostel rent is Rs. 57,000/- p.a. for Kolkata Campus. The hostel rent is payable in advance on yearly basis. The Institute may review its existing policy of providing hostel on single occupancy basis to students in view of higher intake expected. Hostel fee, as determined by the Institute, will be payable.

    Hostel fee, as per rooms has to be submitted at the time of joining the Institute. Details for deposit of fee will be shared at the time of joining of the Institute.

    A refundable security deposit of Rs. 5,000/- is also payable. The hostel rent and the security deposit are subject to revision at the discretion of the Institute. Boarding arrangements are available in the hostel. The charges are decided by the Students Mess Committee and the Caterer.

    Even while, MBA 2021-23 is a designated residential programme, yet allotment of hostels to the students shall be subject to situation of Covid 19 pandemic prevailing at the time of offer of admission and further guidelines issued by Govt of India during the period. The hostel fee may be reviewed by the Institute.

    Insurance Cover for Students
    The Medical Insurance being finalized by the Institute will be compulsory for all full time students of the programme. The requisite details viz. sum assured, premium etc will be intimated in offer letter of admission.

    + Admission Procedure

    For General/Reserved Category Candidates
    • Eligibility
      • Recognized Bachelor's degree of minimum 3 years' duration in any disciplines with minimum 50% marks [45% in case of the candidates belonging to Scheduled Caste (SC), Scheduled Tribe (ST) and Persons with Disability (PWD) categories].
      • Candidates appearing for a qualifying examination can also apply subject to submission of proof of requisite qualification by 7th October 2021.
      • No age limit.
      Admission of the candidate who joins the programme on provisional basis but fails to obtain minimum percentage in the Bachelor's degree examination will be automatically cancelled forthwith. Such candidate should immediately inform the Institute on declaration of his/her results. Admission of candidates who do not inform the Institute of such a situation will automatically stand cancelled on 7th October 2021. No request for extension of time for re-evaluation, etc. will be entertained.
    • Pattern of Computer Based Test
      The Computer Based Online Test is multiple choice objective type (in English) of 120 minutes. It generally consists of questions covering Quantitative Analysis, Reading Comprehension and Verbal Ability, Data Interpretation and Logical Reasoning, General Awareness.
    • Mode of Admission
      • The process indicated below will be applicable equally for admission to Delhi, Kolkata and Kakinada (subject to approval of UGC) Campuses.
      • On the basis of Computer Based Test, Group Discussion, Writing Skills Assessment and Interview.
        • Those candidates short listed from the computer based test, will be called for Writing Skills Assessment, Group Discussion and Interview to be held in March / April 2021 at Ahmedabad, Bengaluru, Chennai, Delhi, Hyderabad, Kolkata, Lucknow and Mumbai. The Institute reserves the right to add/delete any centre, if required.
        • Selection criteria for shortlisting of candidates for GD/PI and final selection to MBA(IB) Programme at IIFT is available on IIFT website i.e. www.iift.edu.
    • Admit Cards
      The Admit Cards can be downloaded from NTAs website (https://iift.nta.nic.in) w.e.f. 11.01.2021 onwards. With a print out of the Admit Card, the candidate should reach the venue of the Exam Centre on 24.01.2021 with original, valid and non-expired PAN card / Driving License / Voter ID / Passport / Aadhar Card (With photograph) (Any one).
    • How to Apply
      Please visit NTA website (https://iift.nta.nic.in) and fill Online Application Form as per detail given in Information Bulletin of IIFTs MBA(IB) 2021-23 Programme.

      Application fee is Rs. 2,500/- (Rs. 1,000/- for SC/ST/PWD candidates) which includes application screening and Entrance Test Fee. For NRI / Foreign Nationals candidates, application fee is US$ 200 or INR Rs. 15,000/-. Application fee once paid will not be refunded.

      SC/ST/PWD/OBC-NCL/General-EWS candidates have to upload the requisite category certificate, as applicable in central government Institutes with the Application Form. (Category once filled by the candidate in his / her online application form, will not be changed under any circumstances).
    For Foreign Nationals/NRI Candidates
    • Eligibility
      • Recognized Bachelor's degree of minimum 3 years' duration with minimum 50% marks.
      • Candidates appearing for a qualifying examination can also apply subject to submission of proof of requisite qualification by 7th October 2021.
      • In order to qualify as an international candidate for the purpose of applying to IIFT entrance exam, a candidate should have been (expected to be) resident outside India for a period of not less than 18 months as on 31st December 2020 and be outside India during the IIFT examination window. The Indian nationals who are living, working, studying abroad should produce with application a certificate from the Indian Embassy / High Commission / Consulate of the country where the candidate is currently based, stating that the candidate has been resident in that country continuously for a period of not less than 18 months as on 31st December 2020.
      • Foreign Nationals need to have a valid passport/travel document from a country other than India. The Foreign Nationals who are present in India at the time of IIFT entrance test are required to take the same.
      • The candidate should produce Graduate Management Aptitude Test (GMAT) score which should be received by the Institute latest by 15th March 2021. GMAT taken before 1st January 2019 is not valid.
      • If the candidate has appeared for any MBA entrance examination for that year in India (2020) such as CAT/XAT/IIFT, etc., he /she is not eligible to apply. Candidates are required to give the undertaking for the same.
      • NRI-Sponsored candidates and Children of NRIs are not considered under this category.
    • Mode of Admission
      • The admission of candidates under this category is on the basis of GMAT score and personal interview.
      • Shortlisted candidate would be required to undergo a Personal Interview at IIFT campus. Candidates called for this will have to make their own travel arrangements. In case they are not able to be physically present, they would be interviewed through online mode.
    • Documents to be submitted along with Application Form
      • Filled in CV Form.
      • Copy of latest GMAT Score Certificate.
      • Attested copy of all academic mark-sheets/certificates (Class X, XII & Graduation).
      • Copy of all Passport pages having official entries.
      • An undertaking that the candidate has not appeared for any MBA entrance examination for that year (2020) such as CAT/XAT/IIFT, etc.
      • Two letters of recommendation. Preferably, one of these should be written by a current supervisor or manager. The second one should be from someone who is in a position to evaluate the applicants professional performance as well as his / her managerial and leadership potential. No letter of recommendation should be written by immediate family members, e.g. parents, grandparents, siblings and spouse.
      • The Indian nationals who are living, working, studying abroad should produce with application a certificate from the Indian Embassy / High Commission / Consulate of the country where the candidate is currently based, stated that the candidate has been resident in that country continuously for a period of not less than 18 months as on 31st December 2020.

    + Selection Criteria

    + Application Fee

    Category Amount
    For General/OBC Rs. 2,500/-
    For SC/ST/PWD candidates Rs. 1,000/-
    For Foreign Nationals/NRIs US$ 200 / Rs. 15,000/-

    + Important Information

    In case of any problem in registration process, the candidates can contact to National Testing Agency (NTA) on Tel. No.: 0120-6895200 and E-mail: iiftmbaib@nta.ac.in. They must indicate their Application No. / Registration No. in their communications to NTA. However, after declaration of result of Computer Based Test, candidates have to contact to IIFT only on 011-39147213 (Direct) / 011-39147200205 (PBX) or e-mail on admission@iift.edu.
    • There are 258 seats in Delhi Campus and 253 seats in Kolkata Campus. Seats are reserved as per prescribed categories as per Government of Indias norms. The reservations are subject to candidates meeting the admission requirements of the Institute under this category.
    • Application fee, once paid, will not be refunded.
    • Applications of Foreign Nationals under Self-financing Scheme should be routed through the Ministry of External Affairs/Ministry of Human Resource Development, Government of India and should be received by the Institute latest by 15th March 2021. They must send a copy of their valid GMAT score with the application.
    • Candidates are advised to communicate the application Number in all correspondence with NTA.
    • All disputes would be subject to the jurisdiction of Delhi Courts only.
    INCOMPLETE APPLICATIONS IN ANY MANNER SHALL BE SUMMARILY REJECTED.
For any further queries, you can contact us:
DELHI CAMPUS
B-21 Qutab Institutional Area, New Delhi-110016.
Ph.: 011-39147213 (Direct), 011-39147200 205 (PBX)
Fax: 91-011-39147301

KOLKATA CAMPUS
1583 Madurdaha, Chowbagha Road, Ward No. 108, Borough XII, Kolkata-700107.
E-mail: admission@iift.edu

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Source: tedu.iift.ac.in/iift/index.php

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