How to Crack IIFT 2023?

IIFT preparation entails a well-disciplined study plan and strategy to take the exam. In this article, you will get a detailed and comprehensive plan to ace IIFT 2023.

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IIFT 2023

IIFT exam is a blend of easy and difficult questions that demand time management skills, analytical abilities, and the capability to perform under pressure. It is conducted in the month of December of the preceding year of the commencement of the program.

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The Indian Institute of Foreign Trade conducts the IIFT exam annually for admissions in its two-year MBA in International Business. After the written test, the candidates are shortlisted for the Personal Interview round. Before starting IIFT preparation, you must be aware of the exam structure followed in the past few years.

IIFT Exam - Previous Years Analysis

IIFT is an objective-type test of two hours, and the test areas over the last few years are Quantitative Ability, Data Interpretation, Reading Comprehension, Verbal Ability, Logical Reasoning and General Awareness. IIFT 2023 is expected to be structured on the lines of the previous year paper. The test setters have been experimenting with the number of sections & the number of questions in the last few years, as reflected in the table below:-

ISB&M
Year 2020-22 2019 2018 2017 2016 2015 2014 2013
Time
(hour)
2 2 2 2 2 2 2 2
Total
Marks
300 300 100 100 100 100 100 100
Number of Questions 110 110 114 114 123 124 118 128
Number of Sections 4 4 4 4 4 4 4 4
Marks per Question Differential Differential Differential Differential Differential Differential Differential Differential
Negative Marking 1/3 1/3 1/3 1/3 1/3 1/3 1/3 1/3
IIFT is one of the rare management entrance exams that have differential marking for different sections, as well as for different questions of the same section. In 2010 and 2014, differential marks were allotted even between the two sub-sections of the Verbal Ability section.
IIFT Exam - Latest Pattern & Marking Scheme
The given table shows the sectional distribution of questions and marking criteria of IIFT 2022. For 2023 session, a similar pattern is expected to be followed.
Section
No. of Questions
Marks/ Question
Negative Marks/ Question
Total Marks
Quantitative Analysis
25
3
-1
75
Verbal Ability & Reading Comprehension
35
3
-1
105
Data Interpretation & Logical Reasoning
30
3
-1
90
General Awareness
20
1.5
- 0.5
30
Total
110
 
 
300
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IIFT Preparation 2023: Section-wise Strategy

IIFT exam can be split into three parts: concept-driven, practice-intensive and environment-sensitive. Here, we have presented the right approach for IIFT preparation 2023:

  • Quantitative Analysis & selected areas of Verbal ability are concept-driven, which means that the questions depend heavily on core concepts. For example, a question featuring a term like "cyclic quadrilateral" is virtually impossible to attempt unless the corresponding concept is known. It is therefore suggested that you prepare the key concepts of Arithmetic, Algebra, Geometry & Modern Math in the Quantitative Ability sections in a thorough manner.
  • To tackle the Verbal Ability section, one has to focus on improving one's reading speed because the paper typically features 3-4 Reading comprehensions. Also, you should prepare the basics of grammar in order to solve sentence correction questions. Practice is required to solve usage-based questions like analogy, fill in the blanks etc. A good vocabulary proves to be an asset while solving different kinds of vocabulary questions that feature in the exam.
  • Data Interpretation & Logical Reasoning are practice-intensive, practice-intensive, which means that familiarity respect to similar questions is a key determinant here. It is advisable to practice different Data Interpretation question types like pie charts, bar graphs, data tables, line charts & combinations thereof, for the DI section. For Logical Reasoning, you need to practice questions on arrangements, family trees, complex data situations etc for the LR section.
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  • General Awareness is an environment-sensitive area and requires familiarity with both static and current components of the environment. For static GK one should focus on topics like history, geography, economics, political system etc. For GK preparation, you can refer to our GK junction.
IIEBM
IIFT Preparation 2023: Final Word
The takeaway for the test-taker is to be cautious and not approach the test with pre-conceived notions. For example, if you go for the test with over-dependence on Quantitative Ability & Data Interpretation, you may be disillusioned to find more weight given to Verbal Ability questions and vice versa. The attempt has to be judiciously planned while taking the test itself. However, this should not keep you at bay from practicing across different formats of the test. On the contrary, you will evolve as a strategic test taker only after going through a rigor of simulated tests.
While familiarity with previous test patterns and cut-offs helps, too much scrutiny of trend analysis may sometimes be digressing. You need to evolve as a test taker on that day, approach it with an open mind and go with the flow!
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