IIFT Kolkata is one of the three campuses of the Indian Institute of Foreign Trade (IIFT), a premier business school in India. It is located in the Madurdaha area of Kolkata. IIFT Kolkata offers a two-year full-time MBA program in International Business. The program is designed to prepare students for careers in international business, trade, and finance.
What Is IIFT?
The Indian Institute of Foreign Trade (IIFT) is a business school in India. Established in 1963, it works as an autonomous body under the Ministry of Commerce and Industry. It also functions as a civil services training institute. Its main campus is in New Delhi and has additional campuses in Kolkata and Kakinada. IIFT offers a two-year full-time MBA program in International Business (IB) and a four-year integrated program in Management (IPM). The IB program is designed to prepare students for careers in international business, trade, and finance. The IPM program is a dual degree program that leads to a BBA and MBA degree.
IIFT Kolkata Exam
The IIFT Kolkata exam is a computer-based test (CBT) that is conducted in three sections:
- Verbal Ability and Reading Comprehension (VARC)
- Data Interpretation and Logical Reasoning (DILR)
- Quantitative Ability (QA)
Each section is timed for 40 minutes, making for a total exam duration of 2 hours. The IIFT Kolkata exam is highly competitive, and candidates need to score well in all three sections to get selected. The institute considers the CAT score, IIFT entrance exam score, and performance in the essay writing test, group discussion, and personal interview for final admission decisions.
IIFT Kolkata Exam Eligibility
The eligibility criteria for the IIFT Kolkata exam are as follows:
- Bachelor’s degree of minimum 3 years’ duration in any discipline with minimum 50% marks [45% in case the candidates belong to the Scheduled Caste (SC), Scheduled Tribe (ST), and Persons with Disability (PWD) categories].
- Candidates appearing for the final year bachelor’s degree / equivalent qualification examination and those who have completed the degree requirements and are awaiting results can also apply.
- There is no age limit.
To apply for the IIFT Kolkata exam, candidates need to register online on the official IIFT website. After registration, candidates need to upload their scanned documents and pay the application fee.
IIFT Kolkata Exam Syllabus
Verbal Ability and Reading Comprehension (VARC)
- Reading comprehension
- Vocabulary
- Grammar
- Sentence completion
- Paragraph jumbled
Data Interpretation and Logical Reasoning (DILR)
- Data tables
- Bar graphs
- Line graphs
- Pie charts
- Venn diagrams
- Syllogisms
Quantitative Ability (QA)
- Arithmetic
- Algebra
- Geometry
- Mensuration
- Trigonometry
- Statistics
The IIFT Kolkata exam syllabus is similar to the CAT syllabus, but there are a few key differences. For example, the IIFT Kolkata exam has a greater emphasis on verbal ability and reading comprehension. The DILR section of the IIFT Kolkata exam also tends to be more challenging than the DILR section of the CAT exam.
How To Check IIFT Kolkata Exam Admit Card?
To check your IIFT Kolkata admit card, you need to follow these steps:
- Go to the official IIFT website: https://iift.nta.nic.in/
- Click on the “Admit Card” link on the homepage.
- Enter your IIFT registration ID and password and click on the “Login” button.
- Your admit card will be displayed on the screen.
- Download and print your admit card.
How To Check IIFT Kolkata Exam Result?
To check your IIFT Kolkata exam result, you need to follow these steps:
- Go to the official IIFT website: https://iift.nta.nic.in/
- Click on the “Result” link on the homepage.
- Enter your IIFT registration ID and password and click on the “Login” button.
- Your result will be displayed on the screen.
- Download and print your result.
The IIFT Kolkata exam result will be announced on the official IIFT website after the exam is conducted. The result will be declared in the form of a scorecard. The scorecard will include your overall score and your sectional scores.
IIFT Full Form
IIFT stands for Indian Institute of Foreign Trade. It is a premier business school in India that offers a two-year full-time MBA program in International Business (IB) and a four-year integrated program in Management (IPM).
IIFT is known for its strong academic program, its focus on international business, and its excellent placements. The institute has a tie-up with more than 100 foreign universities, which provides students with the opportunity to study abroad for a semester. IIFT also has a strong alumni network, which provides students with support and guidance throughout their careers.
Best Books For IIFT Kolkata Exam Preparation
Verbal Ability and Reading Comprehension (VARC)
- Word Power Made Easy by Norman Lewis
- How to Prepare for Verbal Ability and Reading Comprehension for CAT by Arun Sharma
- Verbal Ability & Reading Comprehension by Ajay Singh
- GRE Verbal Reasoning by Kaplan
Data Interpretation and Logical Reasoning (DILR)
- How to Prepare for Data Interpretation and Logical Reasoning for CAT by Arun Sharma
- The Pearson Guide to Quantitative Aptitude and Data Interpretation for Competitive Exams by Nishit Sinha
- Logical Reasoning by R.S. Aggarwal
Quantitative Ability (QA)
- How to Prepare for Quantitative Aptitude for CAT by Arun Sharma
- Quantitative Aptitude Quantum CAT by Sarvesh K. Verma
- Quantitative Aptitude for Competitive Examinations by Abhijit Guha
These books cover all of the topics that are included in the IIFT Kolkata exam syllabus. They also provide practice questions and solutions to help candidates prepare for the exam.
IIFT Exam Preparation Tips
- Start early. The IIFT exam is a competitive exam, so it is important to start preparing early. This will give you enough time to cover the syllabus and practice for the exam.
- Create a study plan. Once you have started preparing, create a study plan. This will help you to stay on track and to cover the syllabus in a timely manner.
- Use quality study materials. There are many study materials available for the IIFT exam. Choose quality study materials that are designed by experts.
- Practice regularly. The best way to prepare for the IIFT exam is to practice regularly. This will help you to improve your speed and accuracy.
- Take mock tests. Mock tests are a great way to simulate the real exam experience. Take mock tests regularly to get used to the format of the exam and to identify your areas of weakness.
Top IIFT Colleges
- IIFT Delhi
- IIFT Kolkata
- IIFT Kakinada
All three campuses offer the same two-year full-time MBA program in International Business (IB). The IB program is designed to prepare students for careers in international business, trade, and finance.
All three IIFT campuses are highly ranked in India. In the 2023 NIRF rankings, IIFT Delhi was ranked 27th among all B-schools in India, IIFT Kolkata was ranked 28th, and IIFT Kakinada was ranked 72nd.
Which IIFT campus is the best for you will depend on your individual preferences. If you are interested in studying in a major city, then IIFT Delhi or IIFT Kolkata may be a good option for you. If you are looking for a smaller campus with a more intimate learning environment, then IIFT Kakinada may be a good option for you.
What Is The Scope After IIFT?
- Consulting: Consulting firms hire IIFT graduates to help their clients solve complex business problems. Consultants typically work on a variety of projects, such as developing new business strategies, improving operational efficiency, and launching new products.
- Finance: IIFT graduates can also find jobs in the finance industry. Finance jobs include investment banking, commercial banking, corporate finance, and financial planning.
- Investment banking: Investment banks hire IIFT graduates to help them raise capital for their clients and advise them on mergers and acquisitions. Investment bankers typically work long hours, but they are compensated handsomely.
- Marketing: IIFT graduates can also find jobs in the marketing industry. Marketing jobs include brand management, product marketing, and digital marketing.
- Operations management: IIFT graduates can also find jobs in operations management. Operations managers are responsible for planning and executing the production and delivery of goods and services.
In addition to these specific career paths, IIFT graduates can also find jobs in a variety of other fields, such as human resources, sales, and technology.
Is There Any Scholarship For IIFT Students?
Here are some of the scholarships that are available to IIFT students:
- New Scholarship Scheme (NSS): The NSS is a merit-cum-means scholarship that is awarded to 10% of the students in each batch. The scholarship amount is equal to 20% of the tuition fee.
- Need-Based Scholarship Scheme: The Need-Based Scholarship Scheme is awarded to students who are unable to afford the cost of tuition. The scholarship amount is determined based on the student’s financial need.
- Government of India Scholarships: The Government of India offers a number of scholarships to students who are pursuing postgraduate studies. These scholarships are based on merit, financial need, and other criteria.
- Scholarships offered by Other Organizations: A number of other organizations also offer scholarships to IIFT students. These scholarships are based on merit, financial need, and other criteria.
How To Get Into IIFT
To get into IIFT, you need to:
- Meet the eligibility criteria.
- Take the IIFT exam and score a high percentile.
- Get shortlisted for the essay writing test, group discussion, and personal interview.
- Perform well in the essay writing test, group discussion, and personal interview.
How To Manage Your Time During IIFT Exams?
- Plan your time before the exam. Before you start the exam, take a few minutes to plan your time. Decide how much time you want to spend on each section. For example, you may want to spend 40 minutes on each section, or you may want to spend more time on your strongest section and less time on your weakest section.
- Stick to your time plan. Once you have a time plan, stick to it as much as possible. If you find yourself spending too much time on a question, mark it for review and move on. You can always come back to it later if you have time.
- Don’t get bogged down by difficult questions. If you find yourself getting stuck on a question, skip it and move on. You can always come back to it later if you have time. Remember, you only have 1.2 minutes per question.
- Review your answers at the end. If you have time at the end of the exam, review your answers. This is a good time to catch any careless mistakes.
FAQ's
Despite an increase in batch size, IIFT’s average package and median income have increased by 19.35% and 20%, respectively. The placements in 2022 saw a higher average income of Rs 25.16 Lakhs once a year, up from Rs. 21.08 Lakhs the previous year, as well as a higher median salary of Rs 24 Lakhs once a year, up from Rs.
According to the study, the highest domestic and foreign package provided was INR 75.6 LPA and INR 85.4 LPA, respectively. Furthermore, during the IIFT Kolkata placements 2023, the average and median package offered was INR 29.1 LPA and INR 26.5 LPA, respectively.
Because of its demanding course curriculum and highly competitive batch, IIFT has become one of the most sought-after hiring locations for top recruiters in the country. The following are the key highlights of the IIFT Placement Season 2023: Placements are 100% complete.