The IIFT (Indian Institute of Foreign Trade) exam is an entrance test conducted by the National Testing Agency (NTA) for admission to the MBA (International Business) program at the Indian Institute of Foreign Trade. Here’s an overview of the IIFT exam:
Overview of the IIFT Exam
Purpose:
The IIFT exam is conducted for admission to the MBA (International Business) program offered at the Indian Institute of Foreign Trade’s campuses in Delhi, Kolkata, and Kakinada.
Organizing Body:
The exam is organized by the National Testing Agency (NTA) on behalf of IIFT.
Eligibility Criteria:
Educational Qualification: Candidates must have a recognized Bachelor’s degree of minimum 3 years’ duration in any discipline.
Minimum Marks: Candidates must have secured a minimum of 50% marks in graduation (45% for SC/ST/PwD candidates).
Final Year Students: Candidates appearing in the final year of their graduation are also eligible to apply.
Exam Pattern:
Mode: Computer-based test (CBT).
Duration: 2 hours.
Sections: The exam consists of multiple sections which may include:
Quantitative Analysis
Reading Comprehension and Verbal Ability
Data Interpretation and Logical Reasoning
General Knowledge and Current Affairs
Marking Scheme:
The marking scheme can vary slightly each year. Typically, each section may have different marking schemes, with varying marks per question and negative marking for incorrect answers.
Syllabus:
Quantitative Analysis: Topics include arithmetic, algebra, geometry, number systems, probability, and statistics.
Reading Comprehension and Verbal Ability: Comprehension passages, grammar, vocabulary, sentence correction, and para jumbles.
Data Interpretation and Logical Reasoning: Interpretation of data from tables, graphs, charts, and logical reasoning puzzles.
General Knowledge and Current Affairs: Questions related to current events, business, economics, politics, sports, etc.
Application Process:
Registration: Candidates need to register online on the official NTA-IIFT website.
Application Form: Fill out the application form with personal, academic, and contact details.
Documents: Upload scanned copies of required documents such as photograph, signature, and academic certificates.
Application Fee: Pay the application fee online through the available payment methods.
Selection Process:
The selection process typically involves:
IIFT Entrance Exam: Based on performance in the CBT exam.
Group Discussion (GD) and Personal Interview (PI): Shortlisted candidates are called for GD and PI rounds.
Written Ability Test (WAT): Some years may also include a written ability test.
Preparation Tips:
Understand the Exam Pattern: Familiarize yourself with the exam pattern and syllabus.
Study Material: Use standard preparation books, online resources, and previous year question papers.
Mock Tests: Take regular mock tests to practice time management and get a feel of the exam environment.
Stay Updated: Regularly read newspapers, business magazines, and follow current affairs for the General Knowledge section.
Important Dates:
Keep track of important dates related to registration, admit card release, exam date, and result declaration. These dates are typically announced on the official NTA-IIFT website.
The IIFT exam is a crucial step for candidates aspiring to pursue an MBA in International Business at the Indian Institute of Foreign Trade. Proper preparation, understanding the exam pattern, and staying updated with current affairs are key to succeeding in this competitive exam.
The Indian Institute of Foreign Trade (IIFT) Exam is a national-level entrance test conducted for admission into the MBA in International Business (MBA-IB) program offered by the Indian Institute of Foreign Trade. This exam is highly regarded in India, particularly for students aspiring to specialize in international business and trade. The IIFT has campuses in New Delhi, Kolkata, and Kakinada, and this exam is the gateway to its prestigious MBA program.
Key Features of the IIFT Exam:
Exam Structure:
The IIFT exam is usually conducted in computer-based format.
It consists of multiple-choice questions (MCQs) across different sections, which typically include Quantitative Ability, Data Interpretation, Logical Reasoning, Verbal Ability, Reading Comprehension, and General Awareness.
Marking Scheme:
The exam includes a varied marking scheme where each section has different weightages.
Negative marking is applied for incorrect answers, which requires candidates to answer carefully.
Duration:
The exam duration is generally 2 hours.
Eligibility Criteria:
Candidates must hold a bachelor’s degree in any discipline from a recognized university.
There is no age limit for the exam.
Final-year bachelor’s degree students can also apply, provided they complete their degree within the stipulated time.
Purpose:
The MBA-IB program at IIFT is renowned for its focus on international trade and business, making it highly specialized compared to other general MBA programs.
Graduates are equipped with skills in global business strategies, trade policies, international finance, and supply chain management, preparing them for careers in international business and multinational corporations.
The IIFT exam is competitive and requires a strong preparation strategy across quantitative, analytical, verbal, and general knowledge areas.