Overview
History of IIFT
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.
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 Businessi n 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 & Mission
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.
Library Facilities
One of the largest of its kind in the developing world, with a holding of around 1,07,641 resources that comprises 79,716 book/CDs-volumes, 17,796 bound periodicals, 350 Indian and 12,284 International Scholarly Journals (Print + Online), 11 National/International Magazines, 19 Newspapers. with complete online cataloguing, the IIFT Library is a veritable storehouse of information. Besides being an invaluable place of reference for industry, research scholars and students alike, the Library has a unique collection of publications of FAO, IMF, OECD, UNCTAD, UNCTC, World Bank, and other international agencies. The students have access to database such as the NIC, CMIE, India Trades, World Bank Indicators and other audio-visual aids on management. IIFT has set up the WTO Resource Centre in the Library to focus exclusively on WTO issues. The Centre is the only one of its kind in India, which enhances the utility of the IIFT Library even further. Besides the main Library, there is a Library-cum-Reading Room open round-the-clock, situated in the hostel.
Foreign Trade Library
The Foreign Trade Library is a knowledge bank in the field of Management, Foreign Trade and WTO related issues. It has an organized collection of Information resources on International Business & Economic Environment which are accessible in printed or e-form to its Readers for their reference or borrowing. It continued with its endeavor to add to its collection specialized publications, reports, Databases, e-Journals, Print Journals, Articles etc. and get itself updated regularly.
Infrastructure
Computer Facilities
Recognizing the importance of technology in education, IIFT’s Computer Centre has implemented the latest state of the art IT infrastructure to provide a competitive advantage in its core areas of education and research.
99% Uptime : The Computer Centre aims at providing 99 percent uptime including ensuring server uptime, data recovery and backup, facilitating storage management, hardware, network operations, streamlining operations and simplifying end-user support.
Internet & Wi-Fi Services : For its internet requirements, the IIFT avails 750 MBPS leased line from two different ISPs on load balancing. The campus is fully WiFi-enabled.
NAAC Accreditation
- SSR (Self Study Report)
- DVV Clarifications
- AQAR
- Minutes
- Best Practices
- Academic Calendar
- Student Satisfaction Survey
- Research Promotion Policy
- Institute Strategic Plan
IIFT is accredited as an "A" grade institute by NAAC.
Accreditation Results - 3rd MARCH 2015.
TWO-YEAR MBA (INTERNATIONAL BUSINESS) - FULL TIME
Development in the international marketing on the one hand and the consequential impact of the same on India’s domestic market on the other, call for a professional approach and sensitivity to international business environment. The MBA (International Business) is a foundational course for developing a competent cadre of business executives to meet the country’s growing requirements for training personnel in the field of international management. MBA (IB) is a six trimester general management programme with a focus on international business. The programme aims at providing a comprehensive coverage incorporating all the important areas and disciplines relevant to international business activities. The syllabi for MBA (IB) compares favorably with the syllabi of some of the world’s best International Business Schools.
MBA (BUSINESS ANALYTICS)
Analytics and Artificial Intelligence are now widely used in all areas of a business. Organizations today operate in a dynamic business environment, which means they must respond to changing client needs. Companies seek to delve into not only current information about their customers, goods, services, and business processes, but also historical data about their prior performances to gain insights and learn about previous trends and patterns. As a result, numerous sectors have adopted business analytics market software and solutions to analyze such trends, uncover new business possibilities, and design plans based on fresh insights. The two-year MBA (Business Analytics) is a degree programme offered by the Institute, admission to which is made on the basis of a competitive examination. Its focus is to familiarize the students with the increasing role of data and the insight it brings to decision-making at different levels of organizations.