IIFT Notification Out - Check out latest updates for IIFT Exam

Summary: "Explore the IIFT Entrance Exam 2023 - your gateway to the esteemed IIFT-MBA (International Business) Programme. Find out about the updates, crucial dates, eligibility requirements, reservation policy, and application procedure for this prominent national-level examination. Get ready to excel in the dynamic realm of International Business Management. Learn more today!" 

What is IIFT Entrance Exam? 

The Indian Institute of Foreign Trade (IIFT) entrance exam is a national-level test conducted once in a year by the National Testing Agency (NTA) for admission to the IIFT-MBA (International Business) Programme.  

The institute has campuses in New Delhi, Kolkata and Kakinada (Andhra Pradesh). A new campus (international) at GIFT City Gandhinagar is also being set up. 

MBA (IB) programme offered by IIFT is a six-trimester general management programme designed to develop a competent cadre of business executives to meet the country’s growing requirements for trained personnel in the field of International Business Management. 

Download FREE Study Material for IPMAT 2023 by SuperGrads

IIFT Entrance Exam 2023 – Important Updates 

• With effect from 2019, NTA has the responsibility of conducting the IIFT Entrance Exam. Hence, the registration process has to be completed at NTA official website (https://iift.nta.nic.in/).  
• Earlier IIFT Entrance Exam was a paper-pen based test and now it is a two-hour computer-based test which is conducted once a year. 
• With no individual sectional time limit, the IIFT Entrance Exam is divided into 4 sections instead of the earlier 6 and the number of questions is now fixed at 110 carrying a maximum of 300 marks with varying sectional scoring patterns.

IIFT Entrance Exam 2023 Notification – Overview 

IIFT exam dates 2023 are provided below in the table:

IIFT 2023 Registration Start Date	End of September 2023
IIFT Exam 2023 Registration End Date	Mid-November 2023
IIFT 2023 Admit Card Download	To be announced on NTA Website
IIFT Entrance Exam 2023 Date	17 December 2023 (Tentative)
Mode of IIFT Examination	Computer Based Test (CBT)
IIFT Exam Duration	120 minutes
IIFT Exam Timing	10:00 am to 12:00 noon  (Tentative)
IIFT 2023 Exam Pattern	Section 1 – Quantitative Analysis (QA)  Section 2 – Reading Comprehension and Verbal Ability (RC&VA)  Section 3 – Data Interpretation and Logical Reasoning (DILR)  Section 4 – General Awareness (GA)
IIFT Entrance Exam 2023 Number of Question	110 (QA – 25; RC&VA – 35; DILR – 30; GA – 20)
IIFT Entrance Exam 2023 Marking Scheme	For QA, RC&VA and DILR sections: +3/-1  For GA section: +1.5/-0.5  No negative marking for unattempted questions

IIFT Entrance Exam 2023 Notification – Eligibility 

For General & Reserved Categories 

• Recognized Bachelor's degree of minimum 3 years' duration in any disciplines with minimum 50% marks [45% in case of the candidates belonging to Scheduled Caste (SC), Scheduled Tribe (ST) and Persons with Disability (PWD) categories] 
• As per IIFT Exam Notification, final year graduation students can also apply subject to submission of proof of requisite qualification at the time of admission. 
• There is no age limit for appearing in IIFT Entrance Exam. 

For Foreign Nationals/NRIs: 

• Recognized Bachelor's degree of minimum 3 years' duration in any disciplines with minimum 50% marks 
• Final year graduation students can also apply subject to submission of proof of requisite qualification at the time of admission. 
• In order to qualify as an international candidate for the purpose of applying to IIFT Entrance Exam, a candidate should have been (expected to be) resident outside India for a period of not less than 18 months as on 31st December 2023 and be outside India during the IIFT examination window.  
• The Foreign Nationals/NRIs who are present in India at the time of IIFT Entrance Exam are required to take the entrance examination. 
• Foreign Nationals need to have a valid passport/travel document from a country other than India.  
• The candidate should produce Graduate Management Aptitude Test (GMAT) score which should be received by the Institute latest by 15 March 2024. GMAT taken before 1st January 2022 is not valid. 
• If the candidate has appeared for any MBA entrance examination such as CAT /XAT /IIFT etc., he /she is not eligible to apply as Foreign Nationals/NRI Candidate. 

IIFT Exam 2023 Notification – Reservation Policy 

Reservation of seats in IIFT for the MBA (IB) 2024-26 course are as per the GOI guidelines. Currently, seats are reserved as follows: 

• 15% of the seats are reserved for the category Scheduled Caste (SC), 
• 7.5% for the category Scheduled Tribe (ST) and 
• 27% for the category Other Backward Classes belonging to the “Non Creamy layer” (OBC-NCL). 
• 10% of the seats are reserved for Category General-Economically Weaker Section (GEN-EWS) 
• Each category will have 5% reservations for Persons with Disabilities (PwD) 
• Additionally, it has been decided by IIFT to reserve one seat for the wards of Kashmiri Migrants and Kashmiri Pandits / Kashmiri Hindu Families (Non-Migrants) living in Kashmir Valley, in the MBA (IB) course of IIFT, in accordance with government guidelines. Such candidates are eligible for relaxation in cut-off percentage upto 10% subject to minimum eligibility requirement. 
• In addition to the above, 10 seats are reserved at Delhi campus for Foreign Nationals and NRIs, on supernumerary basis. 

IIFT Entrance Exam Notification 2023 – Examination Fee 

Category	Amount
General/General-EWS /OBC-NCL*/ Wards of Kashmiri Migrants and Kashmiri Pandits / Kashmiri Hindu Families (Non-Migrants) living in Kashmir Valley	Rs. 2500/-
SC/ST/PwD/Third Gender	Rs. 1250/-
For Foreign Nationals/NRIs	US$ 200 / Rs. 15,000/-
Processing charges & Goods and Services Tax (GST) are to be paid by the candidate, as applicable.

IIFT 2023 Notification – Application Process 

Step 1 - Apply for Online Registration using a unique Email ID and Mobile No. 

Step 2 - Fill in the Online Application Form and note down the system-generated Application No. Upload scanned images of your photograph (file size: 10 kb - 200 kb), your signature (file size: 4kb - 30kb) and a Copy of the Certificate indicating Category and/or Subcategory (PwD) as applicable (file size: 50kb -300kb). All documents are to be uploaded in PDF. 

Step 3 - Pay fee using ICICI Payment Gateway through Debit Card / Credit Card / Net Banking / UPI and keep proof of fee paid. In case the confirmation page is not generated after payment of fee then the transaction is cancelled, and amount will be refunded to the candidate’s account. However, the candidate has to make another transaction, in case the confirmation page is not generated. 

All the 3 Steps can be done together or at separate times. The final submission of Online Application Form will remain incomplete if Step-3 is not completed and such forms will stand rejected and no correspondence on the accounts will be entertained. 

The entire application process of IIFT Entrance Exam is online, including uploading of scanned images, payment of fees, and printing of confirmation page. Therefore, candidates are not required to send/submit any document(s), including the confirmation page to NTA through Post/ Fax/ by Hand/E-mail. 

A separate online window for NRIs/Foreign nationals only will be opened from 15.01.2024 to 15.03.2024, for submission of their application. NRIs/Foreign nationals may submit their applications and pay the fee online during that period. 

THIS MIGHT HELP IF WE NEED TO EXTEND THE APPLICATION PROCESS (https://cdnbbsr.s3waas.gov.in/s34aecfbe5d21e3f7912bf8eb29124423a/uploads/2022/09/2022093085.pdf) 

Check out: Admission in IIFT through IPMAT

IIFT Exam Notification 2023 – Mode of Admission 

For General/SC/ST/PH/OBC-NCL/EWS candidates: 

• On the basis of the IIFT Entrance Exam 2023, Group Discussion, Writing Skills Assessment and Personal Interview. 
• Computer Based Test is scheduled on 17th December 2023 (tentative) in around 68 cities across the country. 
• Shortlisted candidates will be called for Writing Skills Assessment, Group Discussion/Extempore, and Interview to be held in February / March 2024 at Ahmedabad, Bengaluru, Chennai, Delhi, Hyderabad, Kolkata, Lucknow and Mumbai. 

Read more: IPMAT Entrance Examination.

For Foreign Nationals/NRIs: 

• On the basis of the General Management Aptitude Test (GMAT) and Personal Interview. 
• For MBA 2024-26, GMAT results should not have been declared before 1 January 2022 and should be received by the Institute latest by 15 March 2024. The last date to submit the application fee is 15 March 2023 (tentative). 

In conclusion, the IIFT Entrance Exam is a significant opportunity for aspiring business executives seeking to specialize in International Business Management. The exam's shift to a computer-based format and the revised sectional structure aims to provide candidates with a fair and efficient evaluation of their skills and knowledge. Candidates are encouraged to review the eligibility criteria, reservation policy, and examination fee detail:s before starting the online application process. 

Also read: Business Management Courses after 12th.