Indian Institute of Foreign Trade

The Indian Institute of Foreign Trade (IIFT) is an autonomous organization set up in 1963 by the government of India to help professionalize the country's foreign trade management and increase exports by developing human resources, generating, analyzing and disseminating data, and conducting research. Today it is more known as a business school.

Courses offered
* Two-year residential MBA (International Business) - Kolkata, New Delhi,and Dar-es-Salaam (Tanzania). This is the flagship course, offering specialization in Marketing, Finance, Systems and Trading.
* Three-year MBA (International Business) (Weekends), New Delhi & Kolkata.
* Executive Master's in International Business, New Delhi, Dubai and Dar-es-Salaam
* Certificate Course in Export Management, New Delhi, Kolkata, Guwahati (Assam)
* Post Graduate Certificate Course in International Business through NIIT Imperia
IIFT has, over the years, undertaken research studies with organizations like WTO, World Bank, UNCTAD and the Ministry of Commerce & Industry. IIFT has also trained more than 40,000 business professionals across 30 countries via its management development programs.

Centre for International Trade in Technology
With the primary objective of actuality India’s potential in technology trade and addressing some of the institutional complexities, II FT has set up the Centre for International Trade in Technology with financial and technical support from the Department of Scientific and Industrial Research, Government of India. It is a unique institution of its own type in which roles of active players in international technology trade especially those of Ministry of Commerce & Industry and Ministry of Science and Technology are proposed to be synthesised. It is well recognised that building up of technology trade requires sustained efforts over a period of time before any tangible results could be expected.

Centre for WTO Studies
The Centre for WTO Studies was established at IIFT in November 2002. The major objective of the Centre has been to provide research and analytical support on a continuous basis to the Department of Commerce on identified issues pertaining to the World Trade Organization. In addition, it is also tasked to carry out research activities, bring out Publications on WTO related subjects, carry out Outreach & Capacity Building programmes by organizing seminars, workshops, subject specific meetings etc., and to be a repository of important WTO documents in its Trade Resource Centre.

Centre for SME Studies
The growing importance of Small and Medium Enterprises in the economy as a whole and External Trade in particular has prompted IIFT to establish a separate Center for SME studies which can act as a catalyst to the internationalsiation of SME activities. The center has become operational from May, 2005. The Centre for SME Studies at IIFT provides continuous support to the SME sector by carrying out activities which can be broadly classified into conducting Training Programmes, provision of Business Intelligence services through a Databank and acting as a catalyst for Interfacing with other concerned and associated institutions.

IIFT Delhi Centre is located in the Qutab Institutional Area in close vicinity of Jawaharlal Nehru University and the Indian Institute of Technology in New Delhi, India and is spread over 6 acres (24,000 m2) of land.The Kolkata Centre is located in Sector V Salt Lake amidst the IT hub of Kolkata. The facilities available on campus include centrally air-conditioned lecture halls with audio-visual aids, conference halls for round-table conferences, an auditorium of 500 seating capacity, MDP Centre, three Computer Centres, indoor games, and residential facilities for students.

The IIFT library has 84,000 volumes and subscriptions to 800 journals with online cataloguing.[citation needed] The library has a collection of publications of FAO, IMF, OECD, UNCTAD, UNCTC, World Bank, and other international agencies. The students also have access to database such as the NIC, CMIE, India Trades, World Bank Indicators and other audio-visual aids on management. IIFT has set up the WTO Resource Centre in the Library to focus exclusively on WTO issues. The library in Delhi as well in Kolkata campus are highly rich by its on-line resources. The Institute subscribes EBSCO, Proquest, JSTOR, Emerald, Blackwell Synergy databases which mainly cover journal articles. For statistical data there are World Trade On-line, IMF databases, IndiaStat, ISI Emerging Markets, World bank Online, WITS, CMIE databases, World Trade Atlas, OECD online and many more to list.

Computer facilities
Local Area Network comprising 8 servers (Sun, IBM, Compaq and HP), 300 Pentium IV nodes with wired & wireless access to the network available in the campus. The software applications include Solaris, Novell Netware, Windows 2000 Server, Windows XP, Lotus Domino, SPSS, Oracle, Developer 2000, and Java. Other facilities include 24-hour Internet access via a 2 Mbit/s leased line, access to national and international databases, in-house publishing facilities, LCD / Plasma Screen Projection Systems, etc.

General information
IIFT is a deemed university and it conducts an autonomous entrance examination across various centers in India. In 2009 an estimated 65000 candidates took the entrance exam for Full Time MBA (IB) course having 180 seats, making it one of the toughest schools to get into in India.

International Exchange Programs
IIFT has Exchange Programmes with some of the leading institutions across the world. These collaborations are mainly for student and faculty exchanger programme, joint collaborations on research and various other capacity building exercise. As a outcome of the student faculty exchange programme both the partner intuitions gain outcome. Particularly, the student exchange programme has really picked up in the last five years. This is also because of the increase in the number of collaborations with premiere business schools like Universitá Commerciale L. Bocconi, Milano, Italy;International University in Geneva, Geneva, Switzerland;Pamplin College of Business, Virginia Polytechnic Institute & State University, Blacksburg, VA, USA (Virginia Tech) ;Grenoble école de management, Grenoble;Cedex, France ;EDHEC Business School, Lille Cedex and Nice Cedex, France.

Campus Life
* Spirit - The Entrepreneurship Cell @ IIFT (Coordinators : Abhishek Shah & Divyank Gupta)
* IMF - Official representative student body at IIFT which acts as a coordinator for, and provides administrative support to, various student activities and events at IIFT besides taking policy decisions regarding student affairs in consultation with the Director/Chairperson/Program Director
* Brandwagon – a forum of students that are interested in marketing, either as a subject or as a preferred career.
* Blash - aimed at equipping members with ideas of the mechanisms of trading.
* Cash-O-Nova - The club acts as a platform for discussion and activities in the field of finance.
* Systemix - Systems Club at IIFT which aims to provide a platform for information technology.
* Quintessential - quizzing club at IIFT.
* Socrates - Consulting club at IIFT.

Notable IIFT Alumni
* S.K. Roongta, Chairman, Steel Authority of India Limited
* Manu Sawhney, Managing Director, ESPN STAR Sports
* Rashesh Shah, Founder & Chairman, Edelweiss Capital
* V. Shashikant, CEO, UB Global
* Govind Ambady, CEO, Louis Dreyfus Commodities, India
* Sanjeev Asthana, President and CE, Agri Business & Food Supply Chain, Reliance Retail
* Dinesh Jain, CEO, [Zee Turner India]link title
Powered by Blogger.