Questions Asked On IIFT, Kolkata

IIFT Kolkata is one of the premier institutes in terms of postgraduate courses in trade & business. Kolkata is the first place where it has chosen to set up its institute apart from Delhi. It has gained a lot of reputation for its international business courses.

Apart from its curriculum; its primary attractive factor is its infrastructure which makes it an even more preferable choice among individuals. The other major details regarding the college are as follows.

Academics:

• It primarily offers postgraduate and certificate courses.

• MBA, Executive MBA, and Ph.D. are the most preferred courses at the institute.

• It is one of the institutes offering a consolidated program for International Business.

• Certifications are offered in Capital & Financial Markets, Global Trade Logistics, and Export Management.

• The admission to the major courses is through a graduate degree and score in CAT/MAT/XAT / GMAT score.

Fees:

• The MBA program is offered at Rs. 7.6 Lakhs while the executive program is at Rs.90 lakh.

• Certificate course fee range between Rs. 75000-Rs. 1 LPA.

Placement Details:

The institute is known for providing 100% placements. The process of placements is in two phases generally, summer and final placements. The details are described below.

• Companies Participated- 98

• Pre Placement offers- 93

• Average Package Offered- Rs. 20.07 LPA

• Total students participated-279

• The co-curricular activities are also a positive point to be focused upon like Blash, Socrates, and Cashonova.

Major recruiters, sector-wise are given below in the table.

The highest package to date has been Rs. 1 crore. According to the student reviews the placement rate of the college is great with decent salary packages. It surely qualifies to be on the list while choosing a great college.

This question appears in the mind of every aspirant when he/she gets an admission letter from IIFT-Kolkata after clearing one of the most competitive B-school entrance examinations, leaving him/her perplexed.

Let's look into the salient features of IIFT-K to find if it is worthy or not -

Placements: 

• IIFT-D and IIFT-K are 2 sister campuses separated geographically, but operating simultaneously. .Therefore the difference in placements is almost negligible. 
• IIFT K witnessed a visit from prestigious brands like Goldman Sachs, JP Morgan Chase, Airtel, GEP, Vodafone, Google, Shell, Amazon, etc., It provides a decent ROI(Return On Investment). 

Faculties: 

• There is no difference in the teaching standards of IIFT’s sister campuses. 
• The IIFT faculties travel to and from Delhi and Kolkata to teach.
• The faculties are handpicked and well experienced.
• They are willing to impart their knowledge and brilliance.

Facilities: 

• The newly established campus boasts of the outstanding facilities it provides, which are comparable to other premium B-Schools in India. 
• They include a centralized air-conditioned academic block, single occupancy hostels, Wi-Fi enabled campus. 
• All the basic amenities are also provided to the students. 

Extra-Curricular:

• A number of clubs, cells, and committees operate under the student body of IIFT(Delhi & Kolkata)-IMF(International Management Forum). 
• Various competitions and events are held throughout the year, receiving wide participation from premier B schools in India. 

Fees: 

• The fees of IIFT-K fees is somewhat less as compared to other B-Schools like NMIMS, Mumbai. 
• Moreover, IIFT allows students to take the student loan and repay it in the future. 

Batch and Alumni:

• The diverse batch profile helps the student to learn by interacting with each other. 
• The batch comprises students from premier institutes like IITs, NITs, DTU, BITS, etc., thus bringing the best minds of the country together. 
• Networking with the alums is considered beneficial.

Guest Lectures: 

• The faculties at IIFT-K are not only brilliant but have achieved excellence in the corporate arena as well. 
• Several guest lecturers are invited by IIFT-K, to discuss the corporate sector around the globe, thus benefiting the students with rich experiences and knowledge.

These pointers must have explained how IIFT-K is a value for money institute and hence is worth joining. I have interacted with a few alumni of IIFT-K who were all praised for their alma mater, which has groomed them into skilled professionals.

IIFT-K is worth your money, time, and efforts.You can count on my advice and join it. I am sure you won’t regret it.

Most of the people have suggested that overall all the three colleges are good and you will not be facing any problem if you take admission in any one of them. The NITIE College is good operations management, MDI is good for General management and Human resource management and IIFT is good for International trade. So, it depends upon you which branch you are interested in.

The overall reviews of these colleges are as follows:

MDI:

• This college is fairly consistent in getting top 10 rankings. 
• There are various kinds of live projects in the college which will help you in understanding the working culture in the corporate industry. Some of this live project will also allow formulating business strategies. 
• You will be having access to great infrastructure such as Bloomberg terminal and EuroMonitor database. 
• Along with the vibrant campus you will also be getting right guidance from Professors like Prof Bakshi , Prof Chatterjee and Prof. Mitra who will help you in getting the right path.
• You will also be getting great placement opportunities in various fields.

NITIE:

• Operations management in this college is very good. 
• It is located in Mumbai and because of this location that will get lots of live projects in the industries. 
• The college also provides good placement in the field of supply chain management, operations management, etc. 
• This college also has a good alumni base. There is not much flexibility in the placements and the rest depends upon you.

IIFT Kolkata:

• It is one of the greatest colleges with economics and trade as its pillars. 
• If you are looking for branches like international business and operations management then this is the best college. 
• There is a slight disadvantage between Kolkata and Delhi branches but the placements in both locations are similar.

The comparison table of MDI, NITIE, and IIFT Kolkata are as follows:

Overall IIFT-K is only good for trade and economics. For placements in finance, marketing and consulting roles MDI is a much better college than IIFT K and for operations management, NITIE is the best.

In the previous year during the time of admission, the selections were really unpredictable. Students with high-end percentile were kept on the waitlist and some students with low percentile were selected immediately.

• Students with 99.90 %tile with 58 marks were wait-listed but then girls with 50 marks were selected in IIFT-D in the first merit list.
• In the past years, the selections were really unpredictable. Even with a good score in exams and working experience chances are that you will not be selected.
• After talking to seniors or some experts in this profession you will get a detailed opinion of what to do.
• People who have done their MBA recommend that it is wise to select IIFT Kolkata rather than waiting for another year.
• IIFT Kolkata is also a very reputed institute

Even if you take a year gap you’ll most probably stay on the same level as before. If you get into IIM-A, IIM-B you will pass on later and get a job based on no working experience. If you select IIFT Kolkata in the present year you might get a better chance than in IIM as a fresher in the year after. The only advantage you will have is the name and fame of IIM.