IIFT-Delhi Inaugurates Next Batch of its Flagship MBA (International Business) Course

IIFT-Delhi Inaugurates Next Batch of its Flagship MBA (International Business) Course

The Indian Institute of Foreign Trade, New Delhi inaugurated its new academic session on Tuesday, July 1 for its flagship course of MBA (International Business). The batch strength this year is 114 students for the Delhi Campus. Another

60 students have joined the Kolkata Campus.

While welcoming the students to the institute, IIFT Director, K. T. Chacko, emphasized to them the uniqueness of the choice they had made in joining IIFT. "IIFT will provide you exposure to a host of subjects which are of extreme importance in the field of international business. Students will get exposure to subjects such as international finance, international marketing, international economics, international trade operations & logistics, and international business strategy here at the institute," he said. These subjects have acquired extreme relevance in a fast-globalising world where one has to be globally-competent in order to be locally-competent.

He also highlighted the fact that IIFT has one of the toughest conversion ratios amongst B-schools in India. "We receive more than 45,000 applications for this course; out of which, only 114 of you have made it here," he said.

He encouraged students to hone their leadership and team-building skills during their two years at the institute. "Two companies may have the same products with the same merits, but you will find one of them is doing better because of the kind of teams that they have been able to build using their interactive skills."

As far as the batch profile is concerned, 78% of the batch consists of engineers. What is interesting is that the number of students with work experience has consistently been on the rise. This year, 69% of the batch consists of people with some work experience and 53% of them have more than one year of work experience.

Also, the number of girl students in the batch has almost doubled from 17 in the earlier batch to 32 in the current batch.

The Indian Institute of Foreign Trade has been going from strength to strength ever since it was set up by the Government of India in 1963. IIFT today holds pride of place amongst business schools in India, especially because of the significance of research that is conducted at the institute. It is the think-tank for WTO studies in India, and advises both the government as well as international bodies on WTO issues. It also has an exclusive Centre for Small & Medium Enterprises as well as a Centre for International Trade & Technology.

MBA (IB) is the institute's flagship course, which equips students with all the skills required for business in a fast-globalising world.

Concluded.

* Contributed by -
Vividha Kaul,
Media Co-ordinator,
IMF-IIFT Students' Body,
IIFT, New Delhi.