Indian Institute of Foreign Trade (IIFT) has inaugurated 57th batch of the two-year full-time MBA (International Business) 2022-24 for Delhi and Kolkata Campus in physical mode. Dr. Anil Kumar Jain, IAS, Secretary, Ministry of Coal and Mines, Govt. of India was invited as a guest. Mr. Jain delivered the inaugural talk. He spoke about the yardsticks to measure success in a student’s life and he also touched upon the recipe to reach that success. His talk served as a motivation to all the students of the junior batch. The Welcome Address was delivered by Dr. Sanjay Rastogi, Head (GSMD) Delhi Campus spoke about IIFT celebrating its Diamond Jubilee this year. He also spoke about IIFT’s focus towards improving gender diversity in the upcoming batches. Dr. Jayant Kumar Seal, Head (GSMD) Kolkata Campus talked about how the admission process, placement process and faculty pool is common for both the Delhi campus and the Kolkata campus and parity is being maintained wherever possible. Prof. Manoj Pant, Vice-chancellor (IIFT) addressed the students. He spoke about the importance of looking at opportunities in small companies and growing along with the firm. He also said that live projects are very important in the 2nd year of a student’s MBA program. The programme was attended by all the new students, guests, IIFT faculty and staff of Delhi and Kolkata Campus. A total of 419 students have been admitted this year.
IIFT MBA (IB) 2022-24 Batch comprises of students from multiple disciplines like Engineering, Science, Commerce, Humanities, Management, and Pharmacy. This batch has 49% students from non-engineering backgrounds. This year 30% woman are admitted which is healthy gender ratio. The incoming MBA (IB) batch has 58% students with average work experience of 20 months.
About IIFT: The Indian Institute of Foreign Trade is one of India’s top autonomous public business schools under the Ministry of Commerce and Industry. Through policy research and skill development, it has made a substantial contribution to India’s external trade industry. The Institute has established itself as a major business school in the country, consistently ranking among the top ten B-Schools.
The rich contributions in knowledge domain helped the institute to earn the status of “Deemed to be University” in the year 2002. IIFT was grated the prestigious AACSB Accreditation on 17th November 2021. With this, IIFT figures amongst the top 900+ Business Schools of the world which have earned this accreditation. It has been successfully fulfilling its mission of creating and fostering a learning environment that enables participants to be leaders in international business with sensitivity towards society. IIFT is a pioneer in the field of foreign trade research and a hub for knowledge dissemination. It is an academic centre of excellence in international business, research, training and education.
IIFT was ranked 6th overall by Chronicle B School Survey 2020. It was ranked 10 by Business Today‘s “India’s best B-schools 2019”. It was ranked 11 by MBAUniverse.com rankings 2020. It was ranked 25 among management schools by the National Institutional Ranking Framework (NIRF) 2020. It also ranked 1st in D2C Competitive B-School Awards in 2021. The IIFT was ranked 15 by Outlook’s B-School Survey. Ranked 7th in Business World – B-School Ranking and10th in Inside IIM MBA Rankings.