10 Things You Need To Know About IIFT Exam 2018

By Sashikanth

The Indian Institute of Foreign Trade (IIFT), which was established in 1963 as an autonomous body under the Ministry of Commerce & Industry, has started the registration process for the MBA in international business course for the academic year 2019-21. Annually, IIFT conducts the national-level entrance examination for an admission to the management course in IIFT campuses such as Delhi, Kolkata and Kakinada. Here are the important details about the IIFT 2018 entrance examination.

Also Read: How To Start CAT Preparation: 10 Steps You Shouldn't Miss

All About The IIFT Exam 2018

IIFT Eligibility

Aspirants should have a recognised bachelor's degree of minimum 3 years duration in any discipline with 50% marks. Students appearing for their final year of graduation can also apply. There is no age limit for applying.

IIFT Admission

Candidates registered for the IIFT admission have to appear for the written test which will be conducted on December 2, 2018, between 10 am and 12 pm. One who qualifies in the written test will be called for the writing skills assessment, the group discussion and the interview which will be held in January/February 2019.

IIFT Exam Pattern

Candidates have to appear for the admission test to secure a seat in the IIFT campus. The admission test is a multiple-choice objective-type written test that lasts for two hours. It will cover the topics related to English grammar, vocabulary and comprehension, general knowledge and current affairs, logical reasoning, data interpretation and quantitative analysis.

IIFT Course

As stated above, the entrance exam is conducted for an admission to the MBA course in international business. This is a six-trimester general management programme that focuses only on international business with an aim to develop a competent cadre of business executives.

Candidates should also pick one elective along with the core course. Some of the top elective courses are general management and strategy, quantitative techniques & operations management, information technology, finance, marketing, international trade operations & logistics, human resource and the economics of strategy.

IIFT Placement

IIFT, one amongst the prestigious business schools, has a placement cell that provides guidance and assistance to full-time MBA (IB) students who wish to secure a career. Currently, IIFT alumni are holding top positions both in India and abroad.

IIFT Fees

The annual tuition fee for the full-time MBA is INR 16,70,000 which can be paid in three instalments. They are also charged with INR 55,000 for computer facilities, Internet, a library and other amenities. Students belonging to the SC, ST and PwD categories are given 50% concession on the tuition fee.

IIFT Scholarship

IIFT is operating the Need Based Scholarship Scheme under which the institute pays interest subsidy on education loan. Students whose family income is less than 4.5 lakhs per annum can apply for this scholarship. Some of the scholarships by Government of India:

  • Merit cum means scholarship for students belonging to minority communities.
  • Central sector scholarship scheme for top-class education for SC students.
  • Scholarship for higher education for ST students.

IIFT Admit Card

Registered candidates can download the admit card for the entrance exam from November 16, 2018. Candidates should reach the exam centre on December 2 by 9.00 am with any of the following documents - passport, voter ID, PAN card, driving licence or aadhar card.

IIFT Application Process

Candidates should visit the IIFT official website to apply online. The application fee for the entrance exam is INR 1650. Candidates belonging to the SC/ST/PwD categorises have to pay INR 825. The application fee for the foreign national/NRI candidates is USD 85 (approx. INR 5800).

IIFT Exam Date

  • Last date to apply online: September 14, 2018
  • Last date for request for test centre change (centre change fee - INR 1,000): November 5, 2018
  • Admit card download: November 16, 2018
  • Written examination: December 2, 2018

Also Read: Is Pursuing An MBA After Engineering A Good Option?

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