The Indian Institute of Foreign Trade (IIFT) is a prestigious public business school established in 1963 by the Government of India with a focus on international trade and business education. It functions under the aegis of the Ministry of Commerce and Industry and is recognized as an autonomous institute dedicated to skill-building for the external trade sector of the country.
IIFT’s main campus is situated at IIFT Bhawan, B-21, Qutab Institutional Area, New Delhi - 110016. Apart from the New Delhi campus, IIFT also has additional campuses in GIFT City (Gujarat), Kolkata, and Kakinada.
IIFT operates as an autonomous deemed-to-be university since 2002 and is approved by statutory bodies including:
University Grants Commission (UGC)
Accredited by the National Assessment and Accreditation Council (NAAC) with an ‘A+’ grade in January 2024
Accredited internationally by AACSB (Association to Advance Collegiate Schools of Business) since November 2021
Member of AMBA (Association of MBAs), EFMD (European Foundation for Management Development), and Academy of International Business (AIB)
IIFT holds several prestigious accreditations and rankings:
NAAC Grade ‘A+’ (2024)
AACSB Accredited, placing it among the top 900+ business schools globally
Ranked 15th under the NIRF Management category 2024
Ranked 7th by India Today 2024 for MBA programs
Ranked 63rd by QS Global MBA Rankings 2025
Recognized by MBA Universe, Business Today, and LinkedIn for excellence in international business education and networking
Established under the initiative of then Prime Minister Pandit Jawaharlal Nehru, the institute was envisioned as a center of excellence to skill India’s workforce in international trade and commerce, thereby aiding India’s export growth strategies and global trade participation.
Vision:
To be an internationally recognized and respected institute for global business management education, research, and training with a focus on international trade, investment, and economic development.
Mission:
To impart high-quality education and training in international business and trade to develop skilled professionals and leaders.
To conduct impactful research and consultancy for enhancing India’s trade competitiveness.
To facilitate knowledge-sharing forums and promote global business practices and innovations.
To foster collaborative partnerships with government, industry, and global institutions.
Spread over approximately 6 acres in the Qutab Institutional Area, the New Delhi campus boasts modern infrastructure equipped for academic and extracurricular excellence:
State-of-the-art classrooms with smart boards and multimedia learning aid
An expansive library with over 84,000 volumes, 800+ journals, e-resources, and trade databases
Advanced computer labs with high-speed internet connectivity
Well-equipped auditoriums and seminar halls for conferences, workshops, and guest lectures
Dedicated centers such as the Centre for WTO Studies and Centre for Trade & Investment Law supporting research and policy work
Separate hostels with comfortable accommodation, mess, and recreational facilities
Cafeteria serving hygienic, diverse dining options
Sports facilities and fitness centers
Secure campus with 24/7 surveillance and strict safety protocols
Particulars | Details |
---|---|
Address | IIFT Bhawan, B-21, Qutab Institutional Area, New Delhi - 110016 |
Establishment Year | 1963 |
Type | Public/Government Autonomous Institute |
Approved by | UGC, AICTE, NAAC (A+ Grade), AACSB, AMBA |
Courses Offered | MBA (International Business), MA (Economics), Executive MBA, Doctoral Programs, Certificate Programs |
This overview of IIFT New Delhi provides a thorough insight into its legacy, affiliations, academic stature, infrastructure, and role as a premier institution fostering expertise in international trade and business management. The institute stands as a flagship for India’s global commerce ambitions and offers world-class education aligning with industry and policy needs.
Course | Average Fees | Duration | Action |
---|---|---|---|
MBA | ₹18 Lakhs to INR 21.77 Lakhs (full program) | 2 | |
MA | ₹3.5 Lakhs | 2 Years | |
PGD | 4.45 Lakhs to INR 4.85 Lakhs | 1-2 year | |
Certificate | ₹75,000 to INR 1.4 Lakhs | 4 Months - 1 Years | |
PhD | ₹: INR 2.5 Lakhs to INR 5.10 Lakhs | 3 - 4 Years | |
Executive PGDM | ₹4.45 Lakhs to INR 4.85 Lakhs | 1-2 year |