Indian Institute of Foreign Trade Q&A
Is IIFT a centre for foreign trade?
IIFT was established in the year 1963 with the purpose of conducting courses on foreign trade for the civil servants. Also IIFT has always been prided as an excellent centre for research on WTO and other related issues. Over the years IIFT has evolved from being a centre of foreign trade to a complete business school that now rests on a tripod: the MBA (International Business) programme, Research and MDPs. Gone are the days when a company had to be domestically competitive to survive internationally. Today, a firm has to be internationally competitive to survive domestically. The distinction between the internal and the external sector is fast diminishing. The MBA (IB) programme offered at IIFT is an integrated course which was designed with utmost foresight, keeping in mind the requirements of the constantly evolving global economy.
What is the MBA (IB) Programme?
The MBA (IB) is a general management course with special emphasis on International Business. This means, besides doing a general MBA (as is done in other B-Schools), IIFT students are exposed to the international perspectives of various subjects by virtue if their doing courses like international marketing, international finance, international strategy and international brand management
What are the specializations offered in the MBA (IB) Programme at IIFT?
The first year, consisting of three trimesters, is a core course which encompasses all the basic functional areas of management. In the third trimester students are taught the nuances of international aspects of these functional areas. The second year is when students get to choose their preferred area of specialization viz. marketing, finance, trading or systems and IT.
What are the co-curricular activities at IIFT?
All the students of the MBA (IB) programme are compulsorily required to undertake a Port Visit (sea port). The purpose of this visit is to enable students to gain a hands-on experience of the practical aspects of international trade and business. Besides visiting various offices such as the Port office, Customs Offices, EPZs, etc. students also get an opportunity to interact with the people at the front line. Students are free to choose the port of their choice to visit. Port visits are usually undertaken at Mumbai, Chennai, Vishakhapatnam, Kolkata, Cochin, Singapore or Dubai. IIFT has the following clubs: Capital, The Finance & Investments Club, Brandwagon, The Marketing Club, Socrates, The Consulting & Strategy Club, OpSigma, The Supply Chain, Operations & Energy Club, Systemix, The Systems Consulting Club and BLASH, The Trade Club. Besides these, the Corporate Relations Committee functions on bringing in eminent people from the corporate world for interactions with the students on a regular basis. The functioning of all the above clubs are coordinated by the apex student body of IIFT, the International Management Forum, popularly known as the IMF. Also, true to its tradition of being a quizzing powerhouse, IIFT has, for the intellectually oriented, its own quiz club Quintessential. IIFT also aims at grooming socially-conscious business leaders, which is why the CSR club Koshish has a large number of enthusiastic and active members. Most recently the students, with encouragement from the administration, have also set up an Entrepreneurship Cell and the Africa Business Cell to adequately leverage the students’ capabilities and further enhance them in these areas.
IIFT was established in the year 1963 with the purpose of conducting courses on foreign trade for the civil servants. Also IIFT has always been prided as an excellent centre for research on WTO and other related issues. Over the years IIFT has evolved from being a centre of foreign trade to a complete business school that now rests on a tripod: the MBA (International Business) programme, Research and MDPs. Gone are the days when a company had to be domestically competitive to survive internationally. Today, a firm has to be internationally competitive to survive domestically. The distinction between the internal and the external sector is fast diminishing. The MBA (IB) programme offered at IIFT is an integrated course which was designed with utmost foresight, keeping in mind the requirements of the constantly evolving global economy.
IIFT was established in the year 1963 with the purpose of conducting courses on foreign trade for the civil servants. Also IIFT has always been prided as an excellent centre for research on WTO and other related issues. Over the years IIFT has evolved from being a centre of foreign trade to a complete business school that now rests on a tripod: the MBA (International Business) programme, Research and MDPs. Gone are the days when a company had to be domestically competitive to survive internationally. Today, a firm has to be internationally competitive to survive domestically. The distinction between the internal and the external sector is fast diminishing. The MBA (IB) programme offered at IIFT is an integrated course which was designed with utmost foresight, keeping in mind the requirements of the constantly evolving global economy.
The MBA (IB) is a general management course with special emphasis on International Business. This means, besides doing a general MBA (as is done in other B-Schools), IIFT students are exposed to the international perspectives of various subjects by virtue if their doing courses like international marketing, international finance, international strategy and international brand management
The MBA (IB) is a general management course with special emphasis on International Business. This means, besides doing a general MBA (as is done in other B-Schools), IIFT students are exposed to the international perspectives of various subjects by virtue if their doing courses like international marketing, international finance, international strategy and international brand management
The first year, consisting of three trimesters, is a core course which encompasses all the basic functional areas of management. In the third trimester students are taught the nuances of international aspects of these functional areas. The second year is when students get to choose their preferred area of specialization viz. marketing, finance, trading or systems and IT.
The first year, consisting of three trimesters, is a core course which encompasses all the basic functional areas of management. In the third trimester students are taught the nuances of international aspects of these functional areas. The second year is when students get to choose their preferred area of specialization viz. marketing, finance, trading or systems and IT.
All the students of the MBA (IB) programme are compulsorily required to undertake a Port Visit (sea port). The purpose of this visit is to enable students to gain a hands-on experience of the practical aspects of international trade and business. Besides visiting various offices such as the Port office, Customs Offices, EPZs, etc. students also get an opportunity to interact with the people at the front line. Students are free to choose the port of their choice to visit. Port visits are usually undertaken at Mumbai, Chennai, Vishakhapatnam, Kolkata, Cochin, Singapore or Dubai. IIFT has the following clubs: Capital, The Finance & Investments Club, Brandwagon, The Marketing Club, Socrates, The Consulting & Strategy Club, OpSigma, The Supply Chain, Operations & Energy Club, Systemix, The Systems Consulting Club and BLASH, The Trade Club. Besides these, the Corporate Relations Committee functions on bringing in eminent people from the corporate world for interactions with the students on a regular basis. The functioning of all the above clubs are coordinated by the apex student body of IIFT, the International Management Forum, popularly known as the IMF. Also, true to its tradition of being a quizzing powerhouse, IIFT has, for the intellectually oriented, its own quiz club Quintessential. IIFT also aims at grooming socially-conscious business leaders, which is why the CSR club Koshish has a large number of enthusiastic and active members. Most recently the students, with encouragement from the administration, have also set up an Entrepreneurship Cell and the Africa Business Cell to adequately leverage the students’ capabilities and further enhance them in these areas.
All the students of the MBA (IB) programme are compulsorily required to undertake a Port Visit (sea port). The purpose of this visit is to enable students to gain a hands-on experience of the practical aspects of international trade and business. Besides visiting various offices such as the Port office, Customs Offices, EPZs, etc. students also get an opportunity to interact with the people at the front line. Students are free to choose the port of their choice to visit. Port visits are usually undertaken at Mumbai, Chennai, Vishakhapatnam, Kolkata, Cochin, Singapore or Dubai. IIFT has the following clubs: Capital, The Finance & Investments Club, Brandwagon, The Marketing Club, Socrates, The Consulting & Strategy Club, OpSigma, The Supply Chain, Operations & Energy Club, Systemix, The Systems Consulting Club and BLASH, The Trade Club. Besides these, the Corporate Relations Committee functions on bringing in eminent people from the corporate world for interactions with the students on a regular basis. The functioning of all the above clubs are coordinated by the apex student body of IIFT, the International Management Forum, popularly known as the IMF. Also, true to its tradition of being a quizzing powerhouse, IIFT has, for the intellectually oriented, its own quiz club Quintessential. IIFT also aims at grooming socially-conscious business leaders, which is why the CSR club Koshish has a large number of enthusiastic and active members. Most recently the students, with encouragement from the administration, have also set up an Entrepreneurship Cell and the Africa Business Cell to adequately leverage the students’ capabilities and further enhance them in these areas.