IIFT Delhi: The Indian Institute of Foreign Trade (IIFT) Delhi is one of the premier business schools in India. Established in 1963, it was originally set up by the Government of India as an autonomous organization to help professionalize India’s foreign trade management and increase exports. Over the years,
Delhi has evolved into a renowned institution that offers not only trade-related programs but also management programs of global repute. In this comprehensive guide, we will delve into various aspects of IIFT Delhi, including its history, programs, campus, faculty, admissions, and more.
History and Establishment
Delhi was established in 1963 by the Government of India under the aegis of the Ministry of Commerce and Industry. The primary objective was to develop human resources for India’s foreign trade management and to enhance the country’s export competitiveness. The institute was granted deemed university status in 2002, and it has since grown in stature, offering a wide range of programs in the field of international business and management.
Location and Campus
Delhi is situated in the Qutub Institutional Area of New Delhi, India. The campus is well-connected to the rest of the city, making it easily accessible for students, faculty, and visitors. The campus is spread over 6 acres and boasts modern infrastructure, state-of-the-art classrooms, a well-stocked library, computer labs, hostels, sports facilities, and recreational spaces, creating a conducive environment for learning and research.
Academic Programs
Delhi offers a variety of academic programs that cater to the needs of students aspiring to pursue careers in international business and management. Here are some of the key programs offered:
MBA (International Business): The flagship program of, the MBA in International Business, is a two-year full-time residential program designed to equip students with the knowledge and skills needed to excel in the global business environment. It covers areas such as international marketing, finance, operations, strategy, and trade logistics.
Executive Post Graduate Diploma in International Business (EPGDIB): This program is designed for working professionals who want to enhance their knowledge and skills in international business management. It is offered on a part-time basis to accommodate the needs of working executives.
Doctoral Programs: IIFT Delhi also offers Ph.D. and Executive Ph.D. programs for those interested in pursuing research in various aspects of international business and trade.
Certificate Programs: The institute offers short-term certificate programs and executive education courses in areas like export-import management, international marketing, and supply chain management.
Faculty: IIFT Delhi prides itself on its distinguished faculty members who are experts in their respective fields. The faculty includes renowned academicians, researchers, and industry practitioners who bring a wealth of knowledge and experience to the classroom. Their expertise contributes significantly to the academic excellence of the institute.
Research and Publications
Delhi has a strong research orientation and actively encourages research in the field of international business and trade. Faculty and students regularly publish research papers, journals, and reports. The institute also hosts conferences and seminars to facilitate the exchange of ideas and knowledge in this domain.
International Collaborations
Delhi has forged partnerships and collaborations with several reputed international institutions and organizations. These collaborations facilitate student exchange programs, joint research projects, and global exposure for students and faculty.
Placements and Alumni
Some of the key recruiters for IIFT Delhi placements include:
- Consulting: McKinsey & Company, Bain & Company, Boston Consulting Group, Deloitte, KPMG, PwC, EY
- Investment Banking: Goldman Sachs, Morgan Stanley, JPMorgan Chase, Citibank, HSBC, Nomura
- General Management: Amazon, Microsoft, Google, Flipkart, Walmart, Tata Group, Reliance Industries
- Marketing: Unilever, P&G, Coca-Cola, PepsiCo, ITC, Hindustan Unilever
- Finance: American Express, Mastercard, Visa, HDFC Bank, ICICI Bank, SBI
IIFT Delhi also has a strong alumni network, with over 10,000 alumni spread across the globe. Many of the institute’s alumni hold senior positions in top companies, both in India and abroad.
Some notable IIFT Delhi alumni include:
- Vikas Mittal, Managing Director (Middle East and North Africa), Bacardi
- Rishi Pardal, CEO and MD(Designate), United Breweries Limited
- Anjali Bansal, Founder and CEO, Avaana Capital
- Sunil Mittal, Founder and Chairman, Bharti Enterprises
- Rajat Gupta, Former CEO, McKinsey & Company
- Indra Nooyi, Former Chair and CEO, PepsiCo
Overall, IIFT Delhi is a premier B-school with an excellent track record of placements and alumni success.
Notable Achievements
The Indian Institute of Foreign Trade, Delhi (IIFT Delhi) has achieved a number of notable milestones over the years. Some of the most key achievements include:
- Academic Excellence: Delhi is consistently ranked among the top B-schools in India by various ranking agencies. In 2023, it was ranked 2nd by NIRF and 3rd by Outlook.
- Placements: Delhi has a strong track record of placements, with its students consistently receiving high-paying jobs from top multinational and Indian companies. In 2023, the average CTC for the batch stood at INR 29.1 LPA, with the highest domestic CTC being INR 76.5 LPA and the highest international CTC being INR 85.4 LPA.
- Alumni Network: IIFT Delhi has a strong alumni network, with over 10,000 alumni spread across the globe. Many of the institute’s alumni hold senior positions in top companies, both in India and abroad.
- Research: Delhi is a leading center for research in international business and trade. The institute’s faculty have published extensively in top academic journals and have been awarded prestigious research grants.
- International Collaborations: Delhi has a number of international collaborations with leading universities and business schools around the world. These collaborations provide students with opportunities for exchange programs, dual degrees, and research collaborations.
In addition to these key achievements, Delhi has also been recognized for its excellence in a number of other areas, such as its student exchange programs, its corporate relations, and its infrastructure.
Admissions
Delhi offers admissions to its MBA (International Business) program through a two-stage process:
- Written Entrance Test: Candidates must first appear for the IIFT Written Entrance Test, which is held every year in December. The test consists of four sections: Quantitative Ability, Verbal Ability, Logical Reasoning, and Data Interpretation.
- Essay Writing and Personal Interview: Candidates who qualify for the Written Entrance Test are then shortlisted for an Essay Writing and Personal Interview round. This round is designed to assess the candidate’s writing skills, communication skills, and overall fit with the IIFT Delhi program.
The final selection of candidates is based on a composite score of the Written Entrance Test, Essay Writing and Personal Interview round, and academic performance.
IIFT Delhi also offers admission to its other programs, such as the Integrated Program in Management (IPM) and the Executive Post Graduate Diploma in International Business (EPGDIB), through separate admission processes.
Here are some tips for increasing your chances of getting admission to IIFT Delhi:
- Start preparing for the Written Entrance Test early. The test is competitive, so it is important to give yourself enough time to prepare.
- Focus on your weaknesses. Once you have taken a practice test, identify your weak areas and focus your preparation on those areas.
- Practice writing essays. The Essay Writing round is an important part of the selection process, so it is important to practice writing essays on a variety of topics.
- Be prepared to answer questions about your motivation for studying international business and your career goals in the Personal Interview round.
IIFT Delhi is a highly selective institution, but it is possible to get admission if you are prepared and have a strong academic record.
Social Responsibility and Sustainability
Some of the key social responsibility and sustainability initiatives at IIFT Delhi include:
- Campus Sustainability: IIFT Delhi has a number of initiatives in place to reduce its environmental impact, such as energy conservation, water conservation, and waste management. The institute has also installed a solar power plant to generate renewable energy.
- Social Service: IIFT Delhi encourages its students and faculty to participate in social service activities. The institute has a number of social service clubs and organizations that work on a variety of social issues, such as education, healthcare, and poverty alleviation.
- Corporate Social Responsibility: IIFT Delhi partners with a number of businesses and NGOs to promote social responsibility and sustainability. The institute also organizes workshops and seminars on social responsibility and sustainability for its students and faculty.
IIFT Delhi is also a signatory to the United Nations Principles for Responsible Management Education (PRME). PRME is a global initiative that promotes sustainability and social responsibility in business education.
Here are some examples of social responsibility and sustainability initiatives that IIFT Delhi students and faculty have been involved in:
- Students at IIFT Delhi have organized blood donation camps, medical camps, and educational camps for underprivileged communities.
- Faculty at IIFT Delhi have conducted research on social responsibility and sustainability issues, and have published their findings in top academic journals.
- IIFT Delhi has partnered with a number of businesses and NGOs to promote social responsibility and sustainability. For example, the institute has partnered with the Indian Red Cross Society to organize blood donation camps, and has partnered with the World Wildlife Fund to promote environmental conservation.
IIFT Delhi is committed to social responsibility and sustainability, and the institute is working to make a positive impact on the world.
Frequently Asked Questions
A: The admission process for IIFT Delhi consists of two stages:
- Written Entrance Test: Candidates must first appear for the IIFT Written Entrance Test, which is held every year in December. The test consists of four sections: Quantitative Ability, Verbal Ability, Logical Reasoning, and Data Interpretation.
- Essay Writing and Personal Interview: Candidates who qualify for the Written Entrance Test are then shortlisted for an Essay Writing and Personal Interview round. This round is designed to assess the candidate’s writing skills, communication skills, and overall fit with the IIFT Delhi program.
A: The average salary for IIFT Delhi graduates is INR 29.1 LPA. The highest domestic salary offered to the batch of 2023 was INR 76.5 LPA, and the highest international salary offered was INR 85.4 LPA.
A: The top recruiters for IIFT Delhi graduates include a wide range of companies from various industries, including consulting, investment banking, general management, marketing, and finance. Some of the specific companies that recruit heavily from IIFT Delhi include:
- Consulting: McKinsey & Company, Bain & Company, Boston Consulting Group, Deloitte, KPMG, PwC, EY
- Investment Banking: Goldman Sachs, Morgan Stanley, JPMorgan Chase, Citibank, HSBC, Nomura
- General Management: Amazon, Microsoft, Google, Flipkart, Walmart, Tata Group, Reliance Industries
- Marketing: Unilever, P&G, Coca-Cola, PepsiCo, ITC, Hindustan Unilever
- Finance: American Express, Mastercard, Visa, HDFC Bank, ICICI Bank, SBI
A: IIFT Delhi has achieved a number of notable achievements over the years, including:
- Academic Excellence: IIFT Delhi is consistently ranked among the top B-schools in India by various ranking agencies. In 2023, it was ranked 2nd by NIRF and 3rd by Outlook.
- Placements: IIFT Delhi has a strong track record of placements, with its students consistently receiving high-paying jobs from top multinational and Indian companies. In 2023, the average CTC for the batch stood at INR 29.1 LPA, with the highest domestic CTC being INR 76.5 LPA and the highest international CTC being INR 85.4 LPA.
- Alumni Network: IIFT Delhi has a strong alumni network, with over 10,000 alumni spread across the globe. Many of the institute’s alumni hold senior positions in top companies, both in India and abroad.
- Research: IIFT Delhi is a leading center for research in international business and trade. The institute’s faculty have published extensively in top academic journals and have been awarded prestigious research grants.
- International Collaborations: IIFT Delhi has a number of international collaborations with leading universities and business schools around the world. These collaborations provide students with opportunities for exchange programs, dual degrees, and research collaborations.
A: IIFT Delhi is a highly respected institution with a proven track record of excellence in academics, placements, alumni network, research, and international collaborations. If you are interested in pursuing a career in international business, then IIFT Delhi is definitely worth considering.
