IIFT Rundown:
It is widely acknowledged that the Indian Institute of Foreign Trade (IIFT) is among the nation's premier business educational institutions. The institute has earned a stellar reputation for the quality of its educational and research programs. Its Master of Business Administration program is intended to educate aspiring managers in international business and commerce. Several research studies have been carried out by the IIFT in collaboration with international organizations such as the WTO, UNCTAD, and others.
The institute's flagship Global MBA / MBA (International Business) program admits students based on their performance on a separate admission examination known as the IIFT. IIFT has four campuses, including Delhi, Kolkata, and Kakinada campus in India and Dar-es-Salaam campus in Tanzania. In addition, it is involved in several international cooperation and exchange programs for students.
IIFT 2023 Notification:
The IIFT 2023 test is expected to take place in December 2023, according to the latest estimates. In the month of September 2023, there is a significant possibility that the
notification will be out and the application forms for the IIFT 2023 will be made accessible for download.
Downloading the IIFT question papers from the previous year and studying through them is a great way for students who are interested in taking the IIFT exam in 2023 to get a competitive edge on their studies. This will assist students in becoming familiar to the structure and timescale of the test, as well as the level of difficulty and types of questions that will be framed.
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EVENTS
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DATES (TENTATIVE)
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Announcement Of Iift 2023 Exam
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2nd Week Of September 2023
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Onset Of Online Registrations
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2nd Week Of September 2023
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Last Date Of Registration
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3rd Week Of November 2023
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Availability Of Admit Card
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2nd Week Of December 2023
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Date Of Snap Examination
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3rd Week Of December 2023
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Results Announcement
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2nd Week Of January 2024
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IIFT 2023 Registration:
IIFT is administered annually in December. September marks the start of the
Exam Registration period, which lasts through November. You must submit the IIFT application form online. Generally,
IIFT results are released in January. The results are accessible on the official website for one month after the announcement.
Check out the following table for essential details:
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PARTICULARS
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DETAILS
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Mode Of Application
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ONLINE
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Tentative Date Of The Application Form
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2nd Week of September
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Application Fee
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General / OBC: Rs. 2.500/-
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SC / ST / PH: Rs. 1,250/-
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Required Documents
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- Email ID
- Valid ID Proof
- Contact Number
- Scanned Signature
- Scanned photograph
- 10th Class mark sheet
- 12th class mark sheet
- Graduation certificate
- Copy of official passport entries
- Two letters of recommendation
- Copy of declaration for candidates who haven't taken any other MBA admission exams, including the CAT, XAT, or any (Only for NRI candidates)
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IIFT 2023 Exam:
The Indian Institute of Foreign Trade's (IIFT) National Level Examination is a test that is administered by the NTA (National Testing Agency) on its behalf. The test is given in an online format in over 60–70 different cities across India. In general, approximately 40,000 candidates participate in its administration each year. The level of difficulty of the IIFT is very similar to that of the CAT and the XAT.
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FEATURES
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DETAILS
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Name Of The Examination
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Indian Institute of Foreign Trade(IIFT)
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Conducting Authority
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National Testing Agency(NTA)
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Examination Category
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Post Graduation
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Examination Level
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National
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Mode Of Application
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Online
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Mode Of Examination
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Online (Computer-Based Test)
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Total No. Of Campuses
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3 (Three)
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Official website
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IIFT 2023 Eligibility Criteria:
Before applying for IIFT, applicants are ought to satisfy the following
eligibility criteria:
- Bachelor's degree in any field, with a minimum score of 50% [45% for candidates who belong to the Scheduled Caste (SC), Scheduled Tribe (ST), or Persons with Disability (PWD) categories]; degree must be at least three years duration.
- Proof of qualification is required by October 7, 2023; thus, those still studying for qualifying exams are eligible to apply.
- There is no maximum age requirement.
IIFT 2023 Admission Process:
The entrance exam required for students to be admitted to the MBA (IB) program at IIFT for the year 2023-25 will be administered by the National Testing Agency (NTA).
- IIFT exam is used as the initial test step in the MBA selection process. The candidates are called for additional rounds such as Group Discussion, Writing Skills Assessment, and Interview once they have been narrowed down based on their IIFT scores. These are often held in March or April in Delhi, Kolkata, Bengaluru, Mumbai, Chennai, Ahmedabad, Hyderabad, and Lucknow.
- Personal interviews are held at the IIFT campus for foreign nationals and NRI candidates.
- Composite scores are generated after all admission rounds are completed. The institute then releases the final admission list, and the selected students are notified by email.
IIFT 2023 Exam Pattern:
- Verbal Ability and Reading Comprehension.
- Quantitative Analysis.
- Logical Reasoning and Data Interpretation.
- General Awareness.
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SECTION
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TOTAL NO. OF QUESTIONS
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MARKS PER QUESTION
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NEGATIVE MARKING
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TOTAL MARKS
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Quantitative Analysis
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25
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3
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-1
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75
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Verbal Ability & Reading Comprehension
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35
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3
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-1
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105
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Data Interpretation and Logical Reasoning
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30
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3
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-1
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90
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General Awareness
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20
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1.5
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-0.5
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30
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Total
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110
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300
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IIFT 2023 Syllabus:
The topics that are included in the Quantitative Aptitude, Data Interpretation and Logical Reasoning, Verbal Ability and Reading Comprehension, and General Knowledge sections of the IIFT exam are based on patterns that have been seen in the previous years as well. Candidates will benefit from improved preparation if they have a thorough understanding of the IIFT entrance
Exam Syllabus.
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S.NO
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SECTIONS
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DETAILS
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TOPICS
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1
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Verbal Ability
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The majority of the verbal questions on the VARC exam are based on vocabulary as well as grammar, with the former having the greater proportion of the weightage. This section is simple and doesn't require much effort.
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PFill in the blanks; Para Formation Questions; Synonyms-Antonyms; Prepositions; Analogies; Phrases; Grammar Sentence Correction; Critical Reasoning; Verbal Reasoning; Spellings; Matching word meanings; Figures of speech; Odd one out
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Reading Comprehension
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The Verbal Ability section involves a subsection called Reading Comprehension (RC). This has four passages, and after each passage, there are five to seven questions. This section has various questions ranging from easy to intermediate in difficulty. In an ideal scenario, around 70 per cent of the questions in VARC can be answered correctly.
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Current Affairs – Business & Economy; Social Scenario in the country; International happenings and their impact on India; Opinion-Based Abstract topics; Fact-based data-driven topics
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Quantitative Analysis
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This part has a few questions that require extensive math, and it is somewhat challenging overall. Most of the problems in the quantitative section are based on arithmetic and geometry. The remainder of the problems is based on algebra and contemporary mathematics. About half of the questions using quantitative analysis can be answered correctly.
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Percentages; Arithmetic Progression; HCF & LCM; Compound interest; Standard Deviation; Instalments/ payments; Trigonometry; Clocks Geometric Progression; Profit & Loss; Geometric Mean; Geometry; Binomial Expansion; Ratios; Median; Coordinate geometry; Set Theory; Mode; Probability; Logarithm; In- equations Quadratic Calendar
Linear Equations Algebra; Harmonic Mean; Number System; Simple interest; BODMAS
Arithmetic Mean; Vectors; Permutation & Combination; Mensuration; Time, Speed, Distance; Averages; Venn Diagram; Ratios & Proportions; Work & Time
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3
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Logical Reasoning
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In the LR section of the IIFT test, there are set-based questions as well as separate questions. These are typically more complex and time-consuming than the DI portion of the segment. On the other hand, LR questions are typically manageable for an exam taker with adequate preparation, and approximately half of these questions can be attempted.
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Selections; Linear word formation; Comparisons; Deductions; Coding-Decoding; Series & Analysis; Input & Output; Directions
Seating Arrangements; Family tree problem
Symbol Based problems
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Data Interpretation
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Questions on the DI are often doable and have an average level of difficulty. The primary format for these questions is a set, and the data is presented in graphical form. Almost half of the total weight in the DILR section comes from the DI part.
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Bar Graph; Line Graph; Pie Chart; Tables; Caselets
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4
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General Awareness
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The General Knowledge (GK) component of the IIFT exam includes current affairs questions and more traditional GK questions, with an emphasis on the former. If you have strong general knowledge, you can answer almost half of these questions correctly.
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History; Geography; Mythology; Sports; Science
Films; Awards; Literature; International Affairs
Politics; Business; Society; Industry; Economics
Banking
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IIFT 2023 Cut-Off:
The following is the expected overall
cutoff percentile for IIFT 2023, based on the trends that have been observed in the recent years:
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SECTIONS
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EXPECTED CUT-OFF
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Verbal Ability & Reading Comprehension (VARC)
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30-32
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Data Interpretation & Logical Reasoning (DILR)
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18-20
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Quantitative Analysis (QA)
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12-14
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General Awareness (GA)
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8-9
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Overall
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122-124
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IIFT 2023 Preparation: Approach & Strategy
After you have a complete understanding of the IIFT exam syllabus and the exam pattern, the next step is to create an appropriate study schedule for the
Preparation of the IIFT 2023 exam. The majority of applicants start their preparations anywhere from three to six months before the exam. The following are some technical pointers that will assist you in excelling in all of the IIFT's sections:
- To get started, you should work on improving your fundamentals. Although you must be already familiar with the basics of math, reasoning, and grammar, you will need to develop a stronger foundation if you want to ace the test.
- You can also sign up for online coaching to accelerate your preparation.
- Form a habit of reading stuff like newspapers, magazines, and other sources of similar nature on a regular basis. This will prepare you with the necessary skills for the verbal section and help you brush up on your general knowledge for the general test.
- After reviewing the significant grammatical rules and mathematical formulae, the next step is to begin practising the section-specific tests arranged according to their respective topics.
- Although there are no set rules for DI and reasoning problems, they are however quite challenging to do. As a result, practising these questions from Previous year papers and Sample papers is always a smart idea. Since LR and DI problems might have many various forms on the exam, you must attempt a range of them.
- After you have a solid understanding of the necessary sections of the IIFT curriculum, you should examine the papers from the previous year to familiarise yourself with the types of questions and topics most frequently evaluated.
- As a last step, you should begin to evaluate how well you have prepared by completing full-length practise exams online and attempting Mock tests. Make sure that you practise shortcut approaches and other smart strategies so that you can do computations more quickly. If you take sufficient practise exams, you'll eventually be able to figure out which approach to test-taking method works best for you.
IIFT Analysis:
IIFT Analysis examines the modifications to the overall and sectional IIFT exam format. It also gives projections on IIFT cut-offs, among other things, to guide test takers in assessing their performance for the IIFT 2023.
In addition, the IIFT Analysis predicts how the level of difficulty of the test will proceed between now and 2023.
Section I: Quantitative Reasoning
This is the most difficult section of the test, and the questions are significantly longer than the others. Arithmetic (8–10), Algebra (6), Geometry and Mensuration (4), and the rest of the questions based on probability, clocks and calendars, height and distance, and numbers. The questions range in difficulty from easy to difficult. There are only one or two straightforward questions that can be answered, and the other ones are rather complicated. The general feeling of this section is challenging.
Section II: Verbal Ability And Reading Comprehension
The RCs range in difficulty from easy to moderate. Four passages with four questions each are often included. There are two easy to moderate portions and two moderate to difficult passages. The sections typically focus on topics like "subconscious mind & behaviour," "geopolitical power shifting," "globalisation," and "product cycles." Several passages can be easily solved by students in the allotted time. Vocabulary is given a lot of weight on the Verbal Ability section of the test. The questions are based on activities like matching words to their definitions, crossword puzzles, root words, idioms and phrases, spellings, and direct vocabulary, among others. This portion has a straightforward overall vibe.
Section III: Data Interpretation And Logical Reasoning
LR & DI section is easier. Questions are based on all of the usual types that are used in IIFT and include things like tables, stacked data, pie charts, and so on. One has the option of choosing which block of logical reasoning problems they want to work on by virtue of the fact that each block has a few questions but a limited amount of information. Questions based on conventional lines of reasoning, such as coding and decoding, blood relations, and similar topics could appear, as they did the year before. In the reasoning phase of the test, every question relies on some form of logical and analytical reasoning.
Section IV: General Awareness
Questions in the General Awareness section include a broad range of topics and are aimed at evaluating the candidate in all relevant domains. Questions about current and static GK are included in this section. The general tone of the GK section is one of moderation.
IIFT Accepting Institutes And The MBA Programmes:
IIFT was founded with the purpose of elevating the level of professionalism within the country's trade management. The institute's portfolio of long-term programmes is quite diverse and is designed to meet the needs of both aspiring international business executives and the mid- career professionals .
IIFT campuses are located in Delhi, Kolkata, and Kakinada
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SR.
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NAME OF THE INSTITUTE
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PROGRAMMES
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Indian Institute Of Foreign Trade, Delhi
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- Master of Business Administration(MBA)
- (EPGDIM) Executive Post Graduate Diploma in Industrial Marketing
- (EPGDIB) Executive Post Graduate Diploma in International Business
- (EPGDCFM) Executive Post-Graduate Diploma in Capital And Financial Markets
- MBA in International Business (Tanzania)Executive Development Program in Strategies for International Business Executive Development Program in Global Supply Chain Management
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2
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Indian Institute Of Foreign Trade, Kolkata
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3
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Indian Institute Of Foreign Trade, Kakinada
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Other than the MBA (IB), no other courses at IIFT require you to pass the IIFT admission exam. Additionally, the MBA (IB) at IIFT, Dar-es-Salaam is a result of the institute's collaboration with the IFM (Institute of Finance Management), Dar-es-Salaam. The IIFT also offers corporate training and management development programs in addition to the ones mentioned above. Visit the institute's official website at iift.ac.in for further details;
ROI Of Programmes Offered By Indian Institute Of Foreign Trade (IIFT):
Before applying to any business school, you need to educate yourself on the return on investment (ROI) of the MBA programmes offered there. The Master of Business Administration (MBA), one of the most widely pursued postgraduate degrees, also happens to be the one that leads to the highest starting salaries. In this regard, IIFT is well-known for maintaining exceptionally good placement records year after year. Take a look at some of the noteworthy information regarding the most recent placements at IIFT, including the following:
There were a total of 82 organisations that participated in the placement drive for the MBA Batch of 2022. The highest possible domestic CTC was INR 46.5 LPA, whereas the highest possible international CTC was INR 80 LPA. The average CTC was INR 25.16 LPA, and around 25 percent of the students were placed in the Consulting Domain.
IIFT Delhi finished its Summer Internship placements for the batch of 2020-22 where a total of 123 organisations participated in the internship programme; the highest stipend was INR 3.2 Lakhs, while the average stipend was INR 1.61 Lakhs. The majority of candidates were placed in consultancy.
The top one hundred students each received a stipend that averaged 2.37 lakhs Indian rupees (INR) for a period of two months. A stipend in the six-figure range was awarded to seventy percent of the group.
Companies such as Citibank, Goldman Sachs, Amway, Google, Tata Steel, Axis Bank, Yes Bank, Capgemini, and Wipro, among others, were among the most active recruiters at IIFT.
IIFT 2023 FAQs:
Q: Which of the IIFT institutes sets the IIFT question paper?
A: Even though NTA administers the IIFT exam, the faculty of the Indian Institute of Foreign Trade sets the questions. The institute also manages all admission-related activities.
Q: What constitutes a decent attempt on the IIFT exam?
A: In a test with 110 questions, a good attempt would consist of approximately 50 to 55 correctly answered questions. Candidates must attempt to correctly answer at least 60 questions in the IIFT.
Q: What is the validity of the IIFT score?
A: The validity of an IIFT score is one year.
Q: How many times is a candidate allowed to take the IIFT exam?
A: The number of times an individual can take the IIFT exam is not limited. On the other hand, given that the test is only given once per year, you are only allowed one go at it each year.
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