IIFT MBA (IB) 2024

The Indian Institute of Foreign Trade (IIFT), incorporated by the Government of India in 1963 is an autonomous business school. With campuses situated in Delhi and Kolkata, the institute aims at imparting knowledge and equipping students with skills to improve foreign trade management and increase exports. IIFT is renowned for its certificate, doctoral, and executive programs.

The MBA in International Business (MBA-IB) is a flagship program of the institute and is a popular choice amongst students to enrol in the program, the students have to clear the exam conducted by the National Testing Agency (NTA). In this blog, we will provide you with information related to IIFT MBA programs offered by the foreign trade institute, eligibility criteria, the application process, etc comprehensively. 

Exam Conducting Body	National Testing Agency (NTA)
Number of MBA colleges under IIFT	3
Application Process	Online
Mode of Exam	Computer-Based Test (online)
Exam Application Fee	Rs 2500
Total Questions in IIFT Exam	110 (based on Last Year’s number)
Sectional Division of Exam	4 Sections
Exam Duration	2 hours (3 PM to 5 PM)
Exam sections	Quantitative Analysis Reading Comprehension and Verbal Ability Data Interpretation and Logical Reasoning General Awareness
Maximum Marks	300
Scoring Pattern	1.5 Mark to 3 Marks for each correct answer
Negative Marking	1/3 of the Marks allotted for a correct answer
Cut off Percentile for Shortlisting	95%
Raw Score cut off out of 300	115-120 out of 300

IIFT 2024: MBA Programs Offered

Before going through the important details pertaining to the exam, it is important to understand the program details. Given below are the two types of MBA courses offered by the IIFT: 

MBA in International Business (MBA-IB)

The Master in Business Administration in International Business (MBA-IB) is a competent executive program that is designed to instil business and management skills in the students so as to deal with the real-time market situation with professionalism. From Business Economics and Consumer Behaviour to International Marketing Management and Legal Aspects of Business, this MBA program of IIFT covers various topics comprehensively. It is offered in two modes: 

•  2-Years MBA (International Business) – Full Time
•  3-Years MBA (International Business) – Weekend

MBA Executive Programmes

The executive MBA program offered by IIFT is of two types: on-campus and hybrid and it runs for a period of 15 months. The program is designed for working executives who want to gain expertise in international business. The three executive specializations offered here are: 

• Executive MBA in International Business 
• Executive MBA in International Marketing
• Executive MBA in International Finance

Past Changes in IIFT Exam

1. It is now being conducted by the National Testing Agency (NTA) and not by IIFT, since 2019.
2. IIFT 2021 exam timings were changed from 10 AM to 12 noon to 3 PM to 5 PM. 
3. The exam will be conducted at the national level in all 68 cities by NTA.

IIFT 2024 Exam Dates

The tentative dates for IIFT MBA (IB) 2024 are mentioned below

Start of Registration	The first week of October 2023
Close of Registration	The fourth week of October 2023
Starting of Form Correction Process	The fourth week of October 2023
Download of Admit Card	The second week of December 2023
IIFT 2024 Exam	The second week of December 2023
Release of Answer Key	The first week of January 2024
IIFT 2024 Result	The first week of February 2024

IIFT 2024 Exam Pattern 

In 2017, IIFT changed its exam pattern by increasing the number of sections in the exam. The IIFT is now reduced to 4 sections with questions on: 

Section	Number of questions	Marks per Question	TotalMarks	Negative Marks	Syllabus
Verbal Ability and Reading Comprehension	35 questions	3	105	-1	Grammar Phrases Synonyms
General Knowledge and Awareness	20 questions	1.5	30	-0.5	Banking Business Politics
Logical Reasoning	30 questions	3	90	-1	Series & Analysis Comparisons Pie Chart Caselets
Quantitative Analysis	25 questions	3	75	-1	Mensuration Probability
Total	110 questions	–	300	–	–

The exam remains a 120-minute objective multi-choice written test (in English). However, the number of questions may vary.

IIFT 2024 Syllabus

Check out the syllabus per section of IIFT MBA (IB) 2024 below.

Exam Section	Syllabus
Quantitative Aptitude	Arithmetic Algebra Modern Mathematics Numbers Geometry
Verbal Ability and Reading Comprehension	Reading Comprehension (4 passages) Identify the Synonym Identify Grammatically Correct/Incorrect Sentence One Word Substitution Jumbled Paragraphs
Data Interpretation and Logical Reasoning	Line Graph + Bar Bar Graph + Line Pie Chart + Table Circular Arrangement Table Scheduling Linear Arrangement Coding Puzzle Tournaments
General Awareness	Static GK and Current Affairs

IIFT 2024 Eligibility Criteria

The candidates who aspire to take admitted in MBA-International Business and MBA executive programs offered by IIFT have to fulfil the below-mentioned eligibility criteria in order to enrol in this program: 

• Only the applicants who are citizens of India are eligible to apply.
• No age barriers for the applicants of the entrance exam.
• The applicant must have completed a Bachelor’s Degree in any discipline in order to get admission to the institution.
• The applicants must have secured more than 50 % marks in the qualifying exam.
• The applicants who are in the final year of their qualifying degree are also eligible to apply.

IIFT 2024 Application Process

The IIFT MBA (IB) application process will be held in both online as well as offline mode.

Online mode

Applicants who want to apply online mode can visit the official website. 

1. Student applicant has to register at the official website of IIFT by clicking on “New Admission”
2. After registration, click on the application form link and start filling in the requisite details. 
3. in the application form, the student has to furnish personal, and academic details and professional work experience.
4. Upload the documents required by the institute. 
5. Upload evidence of payment of application fees
6. Students have to submit the application form and retain a hard copy of the application form. 

Offline Mode

• The applicants who want to apply for the entrance exam in offline mode will have to purchase the IIFT 2024 Application Form from the post office or from the counter of IIFT. 
• The applicants will have to make the payment of the IIFT 2024 Application Fee in cash or through DD and then get the IIFT 2024 Application Form. 
• Then the applicants will have to fill out the IIFT 2024 Application Form manually using a black or blue ball pen. 
• The applicants must ensure that they do not make any mistakes in the IIFT 2024 Application Form. Cancellations made in the IIFT 2024 Application Form will lead to rejection of the same. 
• Then the applicants must submit the duly filled IIFT 2024 Application Form to the official authorities by speed post to the below-mentioned address.

IIFT 2024 Documents Required 

Following are the documents which have to be submitted by the applicants who are applying for MBA (Full Time/Weekend) program and Executive MBA programs: 

• Academic score details 
• Scanned passport-sized photograph in JPG/JPEG format.
• Scanned signature in JPG/JPEG format.
• Scanned copy of the category certificate in case of (OBC/SC/ST) in JPG/JPEG format.
• Valid email ID and mobile number

IIFT 2024 Admit Card

Follow the steps mentioned below to download the admit card for IIFT MBA (IB) exam.

1. Visit the official website of the authority IIFT-NTA. (Direct Link)
2. Then, proceed to click on “‘Admit card for IIFT (MBA) 2023-25’.
3. The login page shall be visible on your screen.
4. Next, enter the IIFT exam application number, DOB, and security pin.
5. Click on Submit and download your admit card.

The admit card shall be released in the second week of December 2023.

How to Prepare for IIFT 2024?

Below shared is previous years’ question paper to help you prepare for IIFT MBA (IB) 2024.

Direct Link to Download 2017-19 Question Paper

IIFT 2024 Answer Key

The answer key for the IIFT exam 2024 will be shared next year in January of 2024. Check out the answer key for 2018 – 20 below.

Direct Link to Download 2018-20 Answer Key

IIFT 2024 Results

The results for IIFT 2024 will be announced in February next year on the official website of NTA. The scorecard can be downloaded by the candidates using their login information. The scorecard of IIFT 2024 shall contain the scaled score as well as the percentiles obtained by the candidates (both overall and sectional). Candidates will be asked to join the further admission process according to their merit ranks.

Here’s how you can check your IIFT result 2024:

1. Visit the official website of IIFT 2024 or NTA
2. Click on the notification indicating ‘IIFT 2024: MBA (IB) scorecard’
3. Enter the application number and password or date of birth
4. IIFT 2024 result cum scorecard will appear on the screen
5. Download and take a printout of the scorecard
6. Details mentioned on the IIFT scorecard

IIFT 2024 Selection Criteria 

The candidates are first required to clear the IIFT exam with a minimum percentile to be eligible to appear in further rounds. Those who are shortlisted are then called for Essay Writing, Group Discussion, and Personal Interview. This procedure is followed for both, the Executive MBA program and the MBA-IB course.

IIFT Exam Placements

The IIFT is one of India’s most prominent Business schools and is known for its impressive placements. A large number of firms, over 90, came to the placements this year to hire some of the best most successful students in their company. The highest salary received by the student is Rs 1 crore (By Olam International) and the average salary received by the students was Rs 20 LPA.

Top Recruiters:

• ECommerce: MMT, Lenskart, Swiggy, Flipkart
• Finance: Goldman Sachs, JP Morgan, ICICI, DE Shaw
• Sales & Management: HUL, ITC, Dell, GE CLP
• General Management: Airtel, Mahindra GMC, RPG
• Consulting: CEP, Bain & Company, Deloitte
• IT & Others: Google, Amazon, Genpact

FAQs

Hopefully, this blog has provided you with an insight into the IIFT MBA 2024 details. Getting into institutes like IIFT, Xavier Business School, NMIMS, etc is an exhaustive task. Thus, if you are planning to pursue an MBA from abroad then the experts at Leverage Edu will assist you not only with the admission-related formalities but also help you in preparing for Visa interviews.