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IIFT Kolkata Scholarship 2025

Kolkata, West BengalState UniversityEstd 2006NAAC Grade A

4.4

(69 Reviews)

IIFT Kolkata Scholarship: Students' Opinion

AI-Generated Summary based on 69 Reviews

The Indian Institute of Foreign Trade (IIFT) offers a comprehensive financial support system, despite relatively high fees of approximately INR 18-22.5 lakhs for its two-year program. SC/ST students receive a 50% fee waiver, and the central and West Bengal governments provide scholarships to minority and local students. Loan facilities are available from major banks like SBI, HDFC, and PNB, with interest rates ranging from 6-11%.

Students can also benefit from government scholarships such as the Nai Manzil and Roshni schemes. The average placement salary is around INR 22 lakhs, providing a strong return on investment. Summer internships offer stipends ranging from INR 80,000 to 4.5 lakhs for two months. Overall, IIFT combines academic costs with promising placement opportunities and extensive financial aid options.

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Why To Join IIFT Kolkata - Reviews & Rating

4.4

(69 Verified Reviews)

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5(46%)

4(26%)

3(0%)

2(28%)

1(0%)

Academic

4.3

Faculty

4.6

Infrastructure

4.3

Accommodation

4.2

Social Life

4.5

Placement

4.4

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Akshay Kumar

4.3

MBA, International Business

Reviewed on Apr 9, 2024(Enrolled 2023)

A journey through IIFT

Fees and Financial Aid:

The total fee is around 21.37 lakhs including all components. Financial aid is present in the form of educational loans which you can get easily from various banks without any collateral further there are various scholarships that you can apply for once you get admission to the institute.

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Shubham

4.7Helpful

MBA, International Business

Reviewed on Apr 9, 2024(Enrolled 2023)

IIFT - A dream B-school for management students into the corporate world

Fees and Financial Aid:

The fee for 2023-25 batch stands at 20.97 lakhs and can vary for the upcoming batches. The cost of education can be undertaken by availing student-friendly loans from different banks. Scholarships include National Scholarship for Post-graduate studies provided by the Government of India. The scholarship amounts to 1.5 lakhs per year subject to renewal based on merit list and reservations. Campus employment includes paid summer internship opportunities with reputed organisations. Stipends awarded are as lucrative as 4.5 lakhs for 2 months.

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Anonymous

4.9Helpful

MBA, International Business

Reviewed on Apr 9, 2024(Enrolled 2023)

One of the best college for mba

Fees and Financial Aid:

The cost of complete course including hostel fees is - 21.27 Lakhs. It is inclusive of everything. However, one has to pay the mess fees of 15000/- every trimester. The rooms which are alloted to us are single room occupancy. We have specific committes looking after the hostel. There are various scholarships which are provided in our college like - Top education scholarship, national scholar ship scheme in which is on need cum merit basis and 20% of the tuttion fees is given back after the completition of the course. Other schemes are central sector scholarship of top class education, top class education scholarship for students with benchmark disabilities. We have Placement committee and the roles are across domains like marketing, finance, trades like Area sales manager, Analyst roles in trade finance. The stipends have a median of around2.6 lakhs of 2 months and highest was of 4.5 lakh for 2 months

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SAKSHI

4.1Helpful

MBA, International Business

Reviewed on Jan 16, 2024(Enrolled 2023)

IIFT, KOLKATA FOR YOU

Fees and Financial Aid:

The fee structure for MBA-IB at IIFT is like any other B school, the total fee lies close to 2100000, segmented into 6 installments. There are various scholarship oppurtunities you can find not exactly on campus, but through multiple government schemes that we are being exposed to every now and then.

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R GNANA SHANKAR

3.4Helpful

MBA, International Business

Reviewed on Jul 28, 2023(Enrolled 2021)

IIFT - Pros and Cons

Student Snaps:

Fees and Financial Aid:

Fees are usually hiked by 10% every year. There is a need-based scholarship for the students. But the college never gives an update on the same even after an official notification is sent before getting the applications from the students. Also, SC/ST students get a 50% fee waiver.

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Varala Harishith Kumar

5.0Helpful

MBA, International Business

Reviewed on Feb 9, 2023(Enrolled 2022)

Best upcoming Universities

Fees and Financial Aid:

Sc St candidates get 50 percent off admission fees. You can apply for government scholarships. Campus jobs are great and can be compared to IIM Udaipur and IIM Shillong. Best in everything we can also get the best guidance from industry experts.

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Anonymous

3.7Helpful

MA, Economics

Reviewed on Feb 9, 2023(Enrolled 2022)

ExcellentvCampus Life and Course structure

Fees and Financial Aid:

Fees are on the expensive side which is rupees 1,88,253 per year without including hostel fees. The fees mentioned here are inclusive of medical insurance and library membership fees. 1st semester fees is 1,13,253 rupees , 2nd semester fees is Rupees 75,000. Similarly, the 3rd-semester fee is 1,03,253 followed by the 4th-semester fee is 75,000. Financial Assistance includes educational loans provided by various banks. Scholarships can be applied for but after 1-semester fees have been paid. As such there are very less options for scholarships provided by the institution but you can always look for government scholarships and other scholarships provided by different companies.

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Vipul Yadav

5.0Helpful

MBA, International Business

Reviewed on Feb 2, 2023(Enrolled 2022)

IIFT Kolkata Internship Process Details

Fees and Financial Aid:

Fees + Hostel = 21.5lkhs (for 2 years), You will get a collateral-free loan of 20 lakhs, which most of the guys will take from banks already on the campus. You can also check the SBI Scholar loan institution list and you will get the name of IIFT Kolkata there.

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Nishant Tyagi

3.9Helpful

MBA, International Business

Reviewed on Feb 2, 2023(Enrolled 2022)

My Life @ IIFT

Fees and Financial Aid:

The total fee is around 20 lakhs for two years of the residential program, which must be paid in tranches on a trimester basis. There are scholarship opportunities available for minorities and other segments of society.

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MANU ARYAN

3.9Helpful

MBA, International Business

Reviewed on Feb 1, 2023(Enrolled 2022)

The Real Picture

Fees and Financial Aid:

Usually, there is a hike of 9 per cent in the hike of fees every year. Only SC and ST students have as far my knowledge a scholarship of 50 per cent in college fees and other amenities. Apart from that, I'm not sure of any other scholarship

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Important Updates

NMIMS University

Closing on 18th Oct 2025

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Comments

Found 2 Comments

ankita banerjee

Mar 30, 2024 09:46

Is IIFT Kolkata Tier 1 College?

Sweta Kumari

Mar 30, 2024 14:42

Yes, The IIFT Kolkata Campus conducts high-quality research that addresses domestic and world trade and business issues, proving it a tier 1 college. IIFT has been ranked 27th by NIRF Ranking 2023 in the management category. The institute has collaborations with around 41 Universities/ B-schools around the world to provide a student/ faculty exchange program. The flagship course of IIFT Kolkata is a 2-year MBA (IB) program and the intake for the same is 253.

siddhi singh

Mar 28, 2024 17:17

How many seats are there in IIFT Kolkata?

Ashish Ramtari

Apr 2, 2024 08:00

All the IIFTs in India have very limited seats for the students. There are only 140 seats offered every year in IIFT Kolkata. Besides this, there are 220 seats offered in IIFT Delhi and 60 seats offered in IIFT Kakinada.

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