IIFT hardships and payout

Placement
3.5
Course
4.0
Campus
3.5
College
3.5
Hostel
4.0
Internship
3.5
JAYESH GUPTA
JAYESH GUPTA
Reviewed on Jan 15, 2023(Enrolled 2022)

Course Curriculum Overview

4

I choose MBA in international business because IIFT has got AACSB accreditation by AACSB international, it is one of the few institutions giving degrees in International Business in India, it creates a monopoly in the domain of international business as very few students will have USP and they can expect a bright future. IIFT has a ratio of faculty: to students of 1:20 for one semester. Faculty are having Ph.D. from foreign universities in the domain of which they are taking classes in IIFT. IIFT consists of academicians who also have rich industry experience. The teaching method is based on class interactions between faculty and students. Group assignments and case presentations are allotted on the basis of the syllabus covered to know about the application of the syllabus in the current scenario. There are marks for quizzes, mid-term, class participation, and end-term. Quizzes and mid-terms happen in mid-way through courses and the end term is final. One who is regular in classes and making notes can perform well in exams.

Internships Opportunities

3.5

I am going to intern with TENHARD roles offered to me in sales and marketing with a stipend of Rs 1 lakh. The project will be based on digital market disruptions in the future task will be to enhance the productivity of clients with the advent of digital marketing, the outcome will be I will get a chance to work closely with industries within the domain of digital marketing.

Placement Experience

3.5

From the 5th semester, students become eligible for campus placements. Some of the famous companies visited are Microsoft, Dabur, JP Morgan Chase and Company, Goldman Sachs, and DE Shaw. No. Of the offers made are 200. The highest package offered is Rs. 80 lakhs and the average is Rs. 22 lakhs. Profiles offered are Finance, Sales and Marketing, Consulting, International Business, IT, Analytics, and Trade. 100 percent of students got placed. After getting my degree I plan to work in a reputed firm of International Business.

Fees and Financial Aid

IIFT has academic fees of around 18 lakhs for 2 years. It is less costly with respect to other IIMs and private colleges of MBA. The scholarship is being provided to minority students by the central government, and to west Bengal students by the west Bengal government. For other students, the interest on the loan is reimbursed by IIFT. SC and ST students have the privilege to pay half the fees. Considering the average placement of Rs. 22 Lakh and the cost to study in IIFT is around Rs. 22 Lakh return on investment is higher than other colleges. As I am an EWS candidate I have taken an education loan and financial assistance provided by IIFT includes reimbursement of my interest on loans for 2 years. I got a summer internship at the sales and marketing company TENHARD based in Noida with a stipend of 1 lakh per month for 2 months.

Campus Life

3.5

The annual techno-management fest is VIVAAN which is conducted in the month of October. In Vivaan IIFT alumni, industry experts share their views by having a live discussion on current issues. Books authored by Faculty for subjects taught are distributed free of cost and research papers and other books are available at the library they can be issued by library card on monthly basis. Amenities in the classroom include an Air conditioner, rotating fans, live projector, desktop, CPU, wireless mouse, wireless keyboard, cameras, and speakers. For Sports, there are Olympia committees and fitness clubs, and yoga sessions are conducted. Olympia organizes football and basketball competitions, and fitness clubs look for manage gyms for students so that they can perform better in sports activities. Socrates, Product Cell, Blash, Equity research cell, Entrepreneur cell, Capital, Brandwagon, Scope, Public policy cell, Renaissance, Pixcell are the club pages on Instagram being run by students.

Admission

I have given IIFT 2022 exam conducted by NTA. The application form was filled online between 21 september 2021 and 30 october 2021. Application form cost was Rs. 2500. The prerequisite to get enrolled into MBA(IB) from IIFT is to have minimum 3 years Bachelor's degree with minimum 50% marks. I have availed EWS reservation in which 10% of the total seats are reserved. The exam was conducted on 5 December 2021. The cutoff for ews category was 90 percentile with 86 marks for an interview call. There was a technical software glitch in the IIFT exam which was conducted on 5 December 2021 in some centers where the exam was reconducted which caused problems for students due to a mismatch in schedule and also caused delays in results and further GD/PI process. The improvement I would suggest to National Testing Agency to use high-quality user-friendly software to conduct exams and they can put some mock IIFT exams before the actual IIFT exam to check for faults.

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