Indian Institute of Foreign Trade Kolkata Answered Questions

Candidates can pay the application fee online as per their respective category through credit card/debit card (VISA/Mastercard), net banking or UPI. The application fee for IIFT Kolkata's entrance exam for different categories is as follows:CategoryIIFT FeesGeneral/General-EWS/OBC-NCL candidatesINR 2,500SC/ST/PH candidatesINR 1,250For Foreign Nationals/NRIsUS$ 200 (INR 15,000)

Final selection to MBA is subject to a valid score in the IIFT Entrance Exam followed by WAT-GD/PI rounds of selection. The shortlisting of candidates for WAT-GD/Extempore-PI is done based on the IIFT entrance exam percentile including the sectional cutoffs. The weightage aligned to different factors used for shortlisting candidates is as follows:Criteria for Shortlisting Candidates for Stage-I at IIFTParameters ScoresIIFT score73Marks obtained in Class 1010Marks obtained in Class 1210Academic diversityNon-Engg. student= 5 | Engg. student= 0Gender diversity  (M=0; F=2)2Total score100

According to official sources, IIFT Kolkata concluded its placement drive for the year 2021-23 batch. As per the report, the highest domestic and international package (for overall placements of IIFT campuses) stood at INR 75.6 LPA and INR 85.4 LPA. Further, the average and median package offered during IIFT Kolkata placements 2023 was INR 29.1 LPA and INR 26.5 LPA, respectively. A total of 108 recruiters with 36 new recruiters participated during placements in 2023. Major giants participated during placements including Amazon, Flipkart, Amul, EY, Infosys, etc. This placements and salary data, however, is overall for all the IIFT campuses since there is no update on campus-wise placements data.

To apply to EPGD-IB, candidates must hold a bachelor’s degree in any stream from a recognised university with at least five years of work experience. Candidates holding a master’s/ Engineering degree with a minimum three-year work experience can also apply. Additionally, students must have at least 55% aggregate for admission to the EPGD-IB programme and only managerial work experience until March 31 of the year of admission is considered. There is no age limit.

The final cutoffs for admission to the MBA-IB 2023-24 batch is not out yet. However, the final cutoffs for IIFT admission 2022 were released along with the final merit list in May 2022. Check the table below for category-wise final IIFT cut-offs 2022:IIFT CategoryIIFT Cut Off 2022General52.75General-EWS47.75OBC-NCL47.75SC42.75ST42.75PwD42.75Kashmiri Migrants / Non-Migrants53.67The IIFT overall cutoff in 2022 was lower for the General/ General-EWS / OBC-NCL categories and higher for SC / ST/ PwD / Kashmiri Migrants / Non-Migrants categories compared to the year 2021. A year-wise comparison of the same is tabulated below:IIFT Student CategoryIIFT cut-offs 2021IIFT cut off 2022General43.542.6General-EWS/ OBC-NCL SC/ ST/ PwD/ Kashmiri Migrants/ Non-Migrants3635.1SC/ ST/ PwD/ Kashmiri Migrants/ Non-Migrants1527.6

For admission to MBA in IB, candidates are shortlisted on the basis of Computer Based Test (IIFT entrance exam). Those who clear all the sectional and overall cutoffs get shortlisted for the second round of the admission process. The sectional and overall cutoffs required for the next round are as follows:ParticularsSectional Cutoff (Percentile)Overall Cut off (Marks)General4040.5Gen-EWS / OBC-NCL3533SC/ ST/ PwD/ Kashmiri Migrants/ Non-Migrants3025.5

As per the summer placement report 2022-2024 batch, majority of students were placed in Sales and Marketing (33%). The pie chart below showcases the domain-wise summer placements for the batch 2022-24:The table below showcases the domain-wise placements during the summer placements 2022-24 batch:DomainStatistics (2022-24 batch)Sales and Marketing33%Finance/IB20%General Mgt and Strategy13%Consulting11%Trade and Operations8%Product Mgt8%IT/Analytics7%

The average package offered to the top 50% students during 2022-2024 batch stood at INR 2.76 lakh. The graph below showcases the top average package offered in the last two years:The table below showcases the top average package offered in the last two years:Particulars2021-2023 Batch2022-2024 BatchTop 50%INR 2.79 lakhINR 2.76 lakhTop 25%INR 3.13 lakhINR 3.13 lakhTop 10%INR 3.24 lakhINR 3.24 lakh 

The table below showcases the sector-wise placements during the summer placements 2022-24 batch:SectorsStatistics (2022-24 batch)BFSI23%FMCG/FMCD, Retail20%Professional Services15%Energy/Industrial/Materials15%IT11%Pharma and Healthcare5%ECommerce and Telecom5%Automobile4%Transportation/Logistics/Trade2%

Majority of students were placed in Professional Services (23%), followed by BFSI (21%) and IT (17%) among others. To know the function-wise sector wise placements, students can check out the pie chart below:The table below showcases sector-wise IIFT Kolkata placements 2023:SectorsStatistics (2023)Professional Services23%BFSI21%IT17%FMCG/FMCD/Reatil14%Energy, Industrial, Materials, Real Estate8%Others17%NOTE: The ‘Others’ category illustrates the combined data of diverse domains such as E-Commerce and Telecom, Transportation, Logistics, Trade, Pharma and Healthcare, Automobile sectors.