The Indian Institute of Foreign Trade (IIFT) was established in 1963 by the Government of India. That primarily offered full time MBA  and later also started off with online MBA executive programs. The Indian Institute of Foreign Trade (IIFT) offers online courses and programs as a flexible learning option for students and working professionals. Over the years the demand for this course program has increased as it is an online MBA equivalent

IIFT offers an Executive Post Graduate Diploma in International Business (EPGDIB) through online learning, which is designed for working professionals. This program can be considered as an online MBA equivalent. 

The Indian Institute of Foreign Trade (IIFT) offers several online programs especially designed for mid-career professionals seeking to enhance their expertise in international business without taking a break from their careers. This particular course program is known as Executive Post Graduate Diploma in International Business (EPGDIB) with course duration of 2(two) years. The course focuses on international business, trade policies, global marketing, economic environments and includes courses on financial management, international trade logistics, global business strategy, etc. The whole course is offered in a mix of live online classes followed by case studies and presentation and industrial visits and trainings. The assessment is done through quizzes, assignments, projects, and exams. On successful completion, participants are awarded an Executive Post Graduate Diploma in International Business from IIFT.

Indian Institute of Foreign Trade Online MBA Specializations

The Indian Institute of Foreign Trade (IIFT) offers online programs, such as the Executive Post Graduate Diploma in International Business (EPGDIB) . Currently, specializations are being offered for Finance, Trade, Marketing, Strategy, Human Resources Management, Information Technology and Economics. The Programme also involves a Port visit, Industry Visits, and Research Project, giving participants a more comprehensive and profound learning experience. While these programs have a strong focus on international business, they also cover a range of specializations that cater to different aspects of global business management.

1. International Business 

• Overview: The core specialization of IIFT focuses on global trade, international marketing, and the economic environments of different countries.
• Key Topics: Export-import management, international trade laws, global supply chain management and cross-cultural management.

These specializations are integrated into the overall curriculum of the online programs, allowing participants to tailor their education to their career goals and areas of interest within the field of international business.

 

Features of IIFT Online MBA Programs with Global focus on International Business

The Indian Institute of Foreign Trade (IIFT) offers online MBA-equivalent programs, such as the Executive Post Graduate Diploma in International Business (EPGDIB), designed to cater to the needs of working professionals and executives. Here are the salient features of IIFT's online MBA programs

IIFT offers program that lays emphasis on international business & marketing, thus providing a deep insights into global trade and cross-border economic dynamics.

The course curriculum is extensively based on international trade, finance, marketing, and operations.

Flexible Online Learning for students as Convenient Scheduling of Classes on weekends or evenings, allowing working professionals to manage their studies alongside their careers.

Self-paced Components: Some aspects of the program may be self-paced, providing flexibility in learning and accommodating different learning styles.

Interactive and Engaging Learning Experience Live Online Sessions where real-time interactions with faculty and peers through live online classes enhance the learning experience. Students are provided with recorded lectures, case studies and real-time projects for solving real world problems.

Prestigious IIFT is one of India's top business schools, renouned for its expertise in international business. The program's certification carries significant weight in the global business community.

Continuous Assessments are done through regular evaluation like quizzes, assignments, group work, and exams to ensure a thorough understanding of the material.

Proper Feedback Mechanisms is put in place for regular feedback from faculty helps participants improve and excel in their studies.

Real-World Focus: The program emphasizes the practical application of knowledge, encouraging participants to apply what they learn directly to their current job roles.

Capstone Projects: Participants often engage in capstone projects that involve solving real-world business challenges, enhancing their practical skills.

 

Admission Eligibility and Criteria

For admission in Online MBA programs at Indian Institute of Foreign Trade , the candidate should be a graduate in any stream with atleast 50% marks from a recognized University. It is also to note that work experience is not a mandatory factor for admission in these online post-graduate programs. However , having a work experience is an added advantage. IIFT also accepts CAT score card

Admission Process

• Application: Candidates need to fill out an online application form on the official website.
• Document Submission: Scanned copies of necessary documents, such as academic transcripts, ID proof, and a photograph, need to be submitted.
• Fee Payment: The application fee and subsequent tuition fees can be paid online.
• Selection: Admission is based on the eligibility criteria, academic background, and sometimes an interview or entrance test.

Curriculum

Indian Institute of Foreign Trade (IIFT) online MBA-equivalent programs has vast curriculum for the Executive Post Graduate Diploma in International Business (EPGDIB) is designed to provide comprehensive knowledge and skills in various aspects of international business. The curriculum is structured to cover core business fundamentals for application in global market.

Core Curriculum Components

Foundational Courses

• Principles of Management: Overview of management theories, organizational behavior, and leadership principles.
• Managerial Economics: Concepts of micro and macroeconomics applied to business decision-making.
• Financial Accounting and Analysis: Understanding financial statements, accounting principles, and financial analysis techniques.

International Business Focus

• International Trade Operations: Examination of trade policies, export-import procedures, documentation, and regulations.
• Global Business Environment: Analysis of international economic environments, political risk, and global market dynamics.
• Cross-Cultural Management: Managing diversity and cultural differences in international business settings.

Specializations and Electives

• International Marketing: Strategies for entering and competing in international markets, global branding, and consumer behavior.
• International Finance: Foreign exchange management, international financial markets, global investment strategies, and risk management.
• Supply Chain Management: Global logistics, procurement strategies, and supply chain optimization in an international context.
• Trade Policy and Negotiation: Understanding and formulating trade policies, international trade agreements, and negotiation strategies.
• Operations Management: Techniques for improving operational efficiency, quality management, and process optimization in global operations.

Capstone Projects and Practical Applications

1. Capstone Project: A comprehensive project that involves solving real-world international business challenges, integrating the knowledge and skills acquired throughout the program.
2. Case Studies: In-depth analysis of global business scenarios to develop problem-solving and decision-making skills. 

Learning Methodology

• Online Classes: Live and recorded lectures that can be accessed anytime.
• Learning Management System (LMS): An interactive platform for accessing course materials, submitting assignments, and participating in discussions.
• Webinars and Workshops: Periodic sessions with industry experts and faculty.
• Assessments: Regular online assessments, quizzes, and exams.

Fees

The fees for the online MBA-equivalent programs at the Indian Institute of Foreign Trade (IIFT), such as the Executive Post Graduate Diploma in International Business (EPGDIB), can vary based on the program specifics and any updates made by the institute.  

Total Fees: Typically ranges between INR 3,50,000 to INR 5,00,000 for the entire course.

Indian Institute of Foreign Trade Online MBA Placements

Indian Institute of Foreign Trade Online MBA Placements

The Indian Institute of Foreign Trade (IIFT) is well-regarded for its placement opportunities, especially for its full-time MBA programs. For online MBA-equivalent programs like the Executive Post Graduate Diploma in International Business (EPGDIB), the placement support is typically different, as these programs are generally targeted at working professionals who may not be seeking campus placements in the traditional sense.

Executive Placements and Career Services

• Career Counseling: IIFT may offer career counseling and guidance services to help participants navigate their career paths and make informed decisions about job opportunities.
• Placement Support: While traditional campus placements are not a focus for online programs, IIFT may provide support through job boards, recruitment drives, and connections with companies looking for experienced professionals.
• Workshops and Training: The program might include workshops on resume building, interview preparation, and leadership skills, which are essential for career progression.

Career Prospects after an MBA degree from&nbsp Indian Institute of Foreign Trade

• Export-Import Management:
• Trade Policy Analyst:
• Global Business Development
• International Finance Manager
• Investment Banking
• Global Risk Analyst

Graduates from IIFT are highly sought after in industries related to international trade, finance, marketing, and supply chain management. The institute’s strong focus on global business, combined with its extensive alumni network and industry connections, ensures that IIFT graduates have a competitive edge in the global job market. Whether aiming for corporate roles, entrepreneurial ventures, or positions in international organizations, an MBA from IIFT provides a strong foundation for a successful career.