The Indian Institute of Foreign Trade (IIFT) was set up in 1963 by the Government of India as an autonomous organisation to help professionalise the country's foreign trade management and increase exports by developing human resources; generating, analysing and disseminating data; and conducting research. The Institute visualises its role as:
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
At IIFT, our faculty comes from varied backgrounds, each having blazed a trail in their respective fields. As academicians, they hold international scholarships, contributing across global fora and shaping policy by their works! Our faculty are pioneers not just in academic content, but delivery as well, having IGNOU’s first online management degree program to set up their own B Schools! The reach of our faculty spans the breadth from India’s largest corporates to the World Bank, IMF, ADB, as well as a plethora of UN agencies such as UNESCO, UNDP, UNESCAP, and of course, the WTO.
A brief profile on each of our Chairpersons:
Dr. (Mrs.) Vijaya Katti, an eminent academician with 26 years of experience, is Chairperson (Management Development Programmes). She has extensive consulting experience, specifically having worked with the largest of Indian Firms in the textile sector. One of her special areas of expertise are the India-SAARC relationships.
Dr. Rakesh Mohan Joshi is the Professor and Chairperson, International Collaborations & Research. His case studies are extremely popular, published internationally, besides receiving several other approbations, and have even been awarded by London Business School. He also heads many international trade initiatives and has been associated with several multilateral organizations, such as the World Bank and the Asian Development Bank.
Dr. (Mrs.) Satinder Bhatia Is a doyen of International Financial Management, having covered many trade conference rounds extensively. Her particular area of interests is Policy-based research on International Trade. Apart from publishing two books, numerous research papers , she has also partnered with WTO,UNDP & UNCTAD for policy research.
Dr. (Mrs.) D. Sunitha Raju is a highly experienced academician, having extensive experience in the fields of Economic Environment and Policy.
Prof. K. Rangarajan is Head, IIFT-Kolkata Centre and also, Head, Centre for MSME Studies. He is an Accredited Management Teacher (AMT conferred by AIMA) and is a member of several professional bodies including AIMM (Australia). His expertise includes Business Strategy and Strategic Planning.
Located in MADURDAHA Area behind Ruby General Hospital, overlooking green ridge, the IIFT Campus at Kolkata is considered to be one of the finest in the eastern part of the Country. The campus spread over 7 acres of land houses one academic block and admin block each and two residential blocks for students and visiting faculty. Be it the mystic beauty of the architectural design, or the splendor of the campus in full bloom in winter, it never fails to impress the visitors. The campus itself is a very picturesque with artistically designed buildings and well‐maintained plush gardens and water bodies. The facilities available on the campus include, fully air‐ conditioned lecture halls with modern audio‐visual aids, conference halls for round‐table conferences, an auditorium of 500 seating capacity, MDP Centre, computer centre, indoor games, sports ground, besides excellent residential facilities for the students.
Objectives & Activities
IIFT was set up with the following objectives:
The MBA (International Business) is a flagship course of Indian Institute of Foreign Trade which is one of a kind in the country. The six tri-semester course is well reputed for developing skilled managers by equipping them with the nuances of general management along with special focus given towards international business. The academic curriculum is designed so as to incorporate a professional approach and sensitivity to international business environment. The focus is on developing a capable workforce within the country who has a complete understanding of the ever changing international scenarios so that they can weigh and analyze the impact of those changes in domestic market. Most of the subjects covered in the curriculum include a touch of international management as per the needs of the global economy.
IIFT also offers three year Part time MBA (International Business) to working executives on weekends where the course curriculum is similar in content to the full time programme. Moreover, executive programmes are offered by IIFT to middle and senior level executives as well as doctoral programmes are also available.
The recruiters at IIFT have been offering a wide variety of profiles. The Final placement of 2013-14 consisted of companies like Philips, Russell Reynolds, Royal Bank of Scotland, JP Morgan, Medtronic, Stryker, Bunge, Trimex, Britannia, Sab Miller, HCL, Emami, Nokia, Tata Steel, Trident, Eli Lily, Baja Auto, HT Media, KPMG, Deloitte, Google, ITC Infotech, Mahindra Comviva, Amazon, SAP India, Cognizant Business Consulting, ITC, Sproxil, Axtria, Tata NYK and MEC Intelligence among others.
This year’s summer placement was also a resounding success with the largest batch ever of IIFT getting placed in record time. Companies which visited the campus included, among others, Goldman Sachs, Nomura, JP Morgan, Godrej Industries, Flipkart, Aditya Birla Group’s Madura F&L, Vodafone, Akzonobel, Multi Screen Media (MSM), Times OOH Axis Bank and ICICI. Companies like Bill and Melinda Gates Foundation, Maersk Line and Global e-procure also made offers to the students.
IIFT has one of the toughest selection processes in the country for its flagship MBA course and has maintained its legacy as a premier top 10 business school in India. Around 50,000 students apply for the IIFT exam every year and only the cream (top 250 students) make it. As a result, the quality of students is exquisite and IIFT is and will remain a dream for every MBA aspirant. The student profile at IIFT is diverse representing all backgrounds in engineering to students from basic sciences, medical stream and fashion technology. The peer to peer learning is immense due to varied background and work experience of the students at IIFT. IIFT generally has 30 – 40 % of freshers in the batch creating the ideal learning environment for students.
IIFT has a great legacy and with it comes the fact that all activities on campus are completely handled by the students themselves. IMF Student council represents the student community at IIFT and is elected annually by the students. The Placement Committee takes care of all placements for students. Melange is the cultural committee at IIFT and the strong alumni network of more than 50 years is handled by the alumni committee. All media relations of the college are handled by the Media committee. There is a great degree of bonding between seniors and juniors and some of the most valuable learning on campus happens through knowledge transfer from seniors to juniors. There are various domain specific cells and clubs at IIFT like Brandwagon - the Marketing Club, Capital - the Finance Club and so on. These help students get better understanding of the respective domains. IIFT students have excelled in various corporate competitions and have laurels in various domains like the National CFA Challenge Winners. Talent at IIFT is honed to meet the best industry expectations and the students at IIFT can compete with the best in business and come up trumps.
The Indian Institute of Foreign Trade has a dynamic history and a rich legacy dating back to 1963, as is illustrated by the strong network of more than 10,000 alumnus across 30 different countries around the globe. Further while maintaining its stronghold in the dynamic field of international trade, it has paved its way to be recognized as one of the top B-schools today.
The Institute, assisted by the Alumni Relations Committee keeps in touch with its alumni through newsletters, annual magazine and having regular chapter meets both within and outside India. Every year in November, IIFT organizes - the Grand Alumni Reunion and celebrates the silver jubilee reunion, to facilitate the students to connect with their alumni and foster the sense of belonging and togetherness that comes with being an IIFT alumnus. The Institute also maintains its presence in all the major social media sites and has a state of the art website dedicated solely to the alumni.
All graduates who have undergone programs from IIFT including MBA (IB), EPGDIM, EPGDCFM, EPGDIB, CPEM, CPCFM and CPGTLO can register themselves in the Alumni portal by logging onto: http://alumni.iift.edu/