IIFT Indian Institute of Foreign Trade

ABOUT IIFT - Indian Institute of Foreign Trade

The Indian Institute of Foreign Trade (IIFT) was established in 1963 as an autonomous body under the Ministry of Commerce & Industry to contribute in the skill building for the external trade sector of India. It has come a long way to successfully develop into a unique institution involved in imparting knowledge through research and training in international business and trade. The Institute was granted “Deemed to be University” status in 2002. The National Assessment and Accreditation Council (NAAC) has recognized IIFT as Grade ‘A’ Institution in 2005 as well as in 2015. Over the years, IIFT has emerged as a national university with focus on International Business Management and Strategy, and such focus is reflected in all three major activities of the Institute: Research, Training and Education.

IIFT has, over the years, also undertaken path-breaking research studies with organisations like WTO, World Bank, UNCTAD and the Ministry of Commerce & Industry, Government of India. The Institute has also trained more than 50,000 business professionals across 53 countries in various facets of international business and trade policy via its Management Development Programmes.

In 2010 an estimated 85000 candidates took the entrance exam for Full Time MBA (IB) course having 220 seats, making it one of the toughest B-schools to get into in India. The institute is consistently ranked among the top 10 Business Schools in India, in various surveys conducted by independent agencies.

The Indian Institute of Foreign Trade was granted the prestigious AACSB Accreditation on 17th November, 2021. With this the IIFT figures amongst the top 900+ Business Schools of the world which have earned this accreditation.

Objectives & Activities

IIFT was set up with the following objectives:

• Impart professional education in modern management techniques relevant to international business.
• Enable the participants to appreciate the inter-relationship between the diverse and complex tasks of international business.
• Develop capacities among business executives for improved understanding of various trade and economic issues.
• Conduct high quality research that addresses domestic as well as world trade and business issues.

The Institute’s portfolio of long-term programmes is diverse, catering to the requirements of aspiring international business executives and mid-career professionals alike. These are:

• Two-year MBA (International Business) at New Delhi and Kolkata.
• Ph.D. (Management) Programme at Delhi and Kolkata.
• Ph.D. (Economics) Programme at Delhi and Kolkata.
• Two-year MA (Economics – Specialization in Trade and Finance) at New Delhi and Kolkata.
• Two years & six months MBA (International Business) Weekend at New Delhi and Kolkata.
• Executive Post Graduate Diploma in International Business at New Delhi and Kolkata.
• Executive Post Graduate Diploma in International Business (Hybrid) at Delhi.
• Executive Post Graduate Diploma in International Business (On-campus) at Delhi.
• Two Years MBA in International Business in collaboration with the Institute of Finance Management, Dar-es-Salaam, Tanzania
• Post Graduate Certificate Programme in International Business and Finance (Hybrid).
• Certificate Programme in Export Import Management.

Vision

To be an Academic Center of Excellence in International Business research, training and education.

Mission

To create and foster a learning environment that enables participants to be leaders in international business with sensitivity towards society.