IIFT Exam Date 2023: Eligibility, Registrations, Syllabus, Sample Questions, Pattern, Study Guides, and Books

Share To:

#Decision Right Career Bright

Master in Business Administration (MBA)

MBA is one of the most popular post-graduate programmes in India and around the world. MBA stands for Master of Business Administration. The majority of managerial level positions across industries and domains call for an MBA, which is why many BTech, BBA, BCom, BA, BSc, and BCA graduates now pursue. an MBA after graduation.

 

MBA admission is based on MBA entrance exams, which are followed by a round of personality assessments (Group Discussion or GD, Written Ability Test or WAT and Personal Interview or PI). In order to pursue an MBA programme, students must typically have at least a 50% average in their undergraduate degree from any discipline. The most common MBA entrance exams are the CAT, GMAT, and XAT as well as others. Some of the top MBA colleges in India that accept admission through these exams are IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, FMS Delhi, XLRI, and ISB. The MBA fee generally ranges between INR 10-25 lakh depending on the college, but there are some very popular top colleges where the course fee is much lower than FMS Delhi and JBIMS Mumbai, for example, charge INR 10 lakh.

What exactly is an MBA?

The MBA programme is a management and marketing-focused academic programme.It addresses issues such as organisational behaviour, marketing, management principles, supply chain management, and operations management, among others.Amazon, Apple, Bain & Company, Citigroup, Deloitte, Facebook, and Accenture are a few of the top MBA recruiters. MBA graduates are frequently qualified for positions such as Finance Manager, Product Manager, Strategy Manager, Human Resources Manager, and other middle management positions. Students who successfully complete the MBA programme can anticipate annual salaries ranging from INR 8 lakh to INR 30 lakh.

MBA Admission 2022

CAT 2022

Top MBA Specialisations

Top MBA Colleges

MBA Program Overview

MBA is a two-year degree programme that can be pursued only after graduating from high school. The table below summarises the key highlights of the MBA programme:

Features

Details

Course Name

MBA

MBA Full Form

Master of Business Administration

Course Level

Post Graduation

Types of MBA

Full-time, part-time, distance, online, executive, and integrated MBA programmes are available.

MBA Course Fee

INR 2 lakh to INR 27 lakh and more

MBA Admission Process

Entrance Exam+ Group Discussion+ Personal Interview

Top MBA Entrance Exams

CAT, MAT, XAT, CMAT, NMAT, ATMA, IIFT, IBSAT

Top MBA Colleges

There are 5000+ colleges in India offering Full-Time MBA.Among the most popular colleges are IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, FMS Delhi, SPJIMR Mumbai, XLRI, IIM Indore, and IIM Kozhikode.

Top MBA Specialisations

Sales, marketing, operations, finance, human resources, digital marketing, and business analytics are all areas of expertise.

Average Salary post MBA

Per year, INR 5 lakh to 25 lakh

Top Recruiters post MBA

Mckinsey, Bain & Company, Morgan Stanley, Citibank, JP Morgan Chase, Amazon, Facebook, Google, Adobe, and others.

MBA Program Highlights

  • MBA is a popular course because it is open to students from all disciplines, including science, business, and humanities.
  • A typical MBA programme lasts two years and is divided into four or six semesters. There are, however, some private institutes that offer one-year PGDM programmes.
  • MBA programmes are available in a variety of formats, including full-time, part-time, online, and distance education. Interested candidates can also find programmes tailored to their professional experience, such as Executive MBA programmes.
  • Instead of an MBA, many management institutes offer a Post-Graduation Diploma in Management (PGDM), Post-Graduate Diploma (PGD), or Post-Graduate Programme (PGP) in Management. There isn’t much of a difference between the two, aside from the recognition.
  • Among all education modes, the full-time MBA is the most popular. Theory classes, practical projects, student exchange programmes, summer internships, and final placements are all part of a full-time MBA programme.
  • A full-time MBA is preferred by recent graduates as well as candidates with a few years of work experience. Some colleges prefer recent graduates, while others prefer candidates with a few years of work experience.
  • The Executive MBA, on the other hand, is appropriate for candidates with 5 or more years of work experience because it is designed to improve their managerial and leadership skills to maintain a competitive edge on the job market.
  • For candidates who want to study while working, online MBA, part-time MBA, and distance MBA programmes are ideal.

Why Do an MBA?

The most straightforward answer is to advance your career. Given that we live in a world with fierce competition in the business world and job market, one must be equipped with managerial skills and leadership qualities in order to make multiple contributions to the organisation. Knowing how to manage a business will be advantageous if you are an expert in your field.When starting a business or changing careers, an MBA degree is a valuable asset. Some of the advantages of an MBA degree include:

 

  • Better Job Opportunities
  • Increased Pay
  • Creating an Industry Network
  • Improve Your Management Skills
  • Improve Your Leadership Skills
  • Global Business and Economic Exposure
  • Development of Entrepreneurial Skills

 

What Are the Different Types of MBA Programs?

MBA programmes are available in a variety of modes and formats. Traditionally, Full-Time MBA programmes of two years duration have been the most popular among management aspirants; however, due to flexibility, Executive MBA and Online MBA programmes have grown in popularity in recent years. Read on for some key highlights of each MBA type:

  • Full-Time MBA: Full-Time MBA is a two-year regular MBA programme. It is a residential programme that includes physical classes, live projects, semester-by-semester evaluation, a summer internship, and final placements. There are about 5000 full-time MBA colleges in India. On average, tuition fees range from INR 2 lakh to INR 25 lakh.
  • Part-Time MBA: This is not a residential programme and is best suited for working professionals who want to learn key managerial skills. In part-time MBA programmes, there are no opportunities for campus placement or internships. Both public and private colleges provide part-time MBA programmes. programmes. In India, there are approximately 300 Part-Time MBA colleges. The course fee ranges from INR 1 lakh to INR 10 lakh. Learn Everything There Is to Know About Part-Time MBA
  • MBA via distance: Distance MBA candidates complete the programme through remote communication and correspondence. Because it is inexpensive and flexible, the course is ideal for people with limited time and resources. There is an option to complete the course in two to five years.. In India, there are over 490 Distance MBA colleges In India, there are over 490 Distance MBA colleges. IGNOU is the most popular. Learn Everything There Is to Know About Distance MBA
  • Online MBA: Because of its convenience and flexibility, this is currently the most popular mode of MBA programme. Lectures are delivered via video conferencing in Online MBA programmes, and notes, tests, and assessments are stored in a Learning Management System (LMS). Because there are no physical classes in Online MBA, one can study in one city while living in another.There are no restrictions on attendance because the lectures are recorded and saved in the LMS.. In India, there are approximately 170 Online MBA colleges, the majority of which are private institutions. Learn Everything There Is to Know About Online MBA
  • Executive MBA: This programme is designed specifically for working professionals with more than five years of experience. The curriculum is similar to that of a Full-Time MBA, but it is shorter in duration (15 to 19 months). Executive MBA programmes are expensive, and some companies offer candidate sponsorship. In India, there are approximately 440 Executive MBA Colleges. Learn Everything There Is to Know About Executive MBA
  • 5 year-Integrated MBA: This is a five-year dual degree programme that includes both an undergraduate and a graduate degree. After class 12, students can pursue an integrated MBA degree. Candidates who choose management as a career early on can pursue an Integrated MBA, which is a BBA+MBA or BTech+MBA programme. Top institutes such as IIM Rohtak, IIM Indore, IIM Ranchi, IIM Jammu, IIM Bodhgaya, NMIMS, Xavier University, and Nirma University, among others, offer the Integrated MBA programme. Learn Everything There Is to Know About Integrated MBA

MBA Study Abroad

To pursue an MBA abroad, candidates must take a slightly different path than usual. For MBA abroad admission, they must take the Graduate Management Aptitude Test (GMAT) as well as the language proficiency tests Test of English as a Foreign Language (TOEFL) and International English Language Testing System (IELTS). Academic requirements for MBA programmes abroad are the same as for domestic programmes, with a minimum of 50% aggregate in graduation or equivalent from a recognised university. Most MBA programmes abroad require three to five years of work experience.

Pursuing an MBA abroad is expensive. The total cost of the course could range between INR 80 lakh and INR 1 crore. The most popular countries for an MBA abroad are the United Kingdom, the United States, Canada, Australia, and Germany and New Zealand.

MBA Eligibility Requirements

The following conditions must be met to be eligible for a full-time MBA:

  • Graduation in any discipline or equivalent from a recognised university is the basic eligibility criteria for MBA (full-time).
  • Most institutes adhere to the graduation minimum score criteria of 50% in average or equivalent.
  • Reserved category students must have a minimum aggregate score of 45 percent.
  • Candidates in their final year of graduation are also eligible to apply for MBA, provided they present proof of completion of their Graduation degree within the time frame specified by the institute.
  • MBA programmes are available to professionals with CA/CS/ICWAI and other degrees

MBA Competencies

A manager is expected to lead a team of professionals, so good communication and leadership skills are essential for a successful manager. Consider the following skills when applying for an MBA/PGDM:

Full-time MBA: Required Skillset

Business acumen

Good communication skills

Problem-solving Skills

Management skills

Strong mathematical skills

Research oriented

Analytical thinking

Leadership qualities

Eye for detail

Goal-oriented & ability to work under pressure

Admissions to MBA Programs

Admission to all B-schools is typically done through an entrance exam. The test can be of the following varieties:

  • National-Level Exam administered on behalf of the other participating colleges by an apex testing body or a top national B-school.CAT, MAT, CMAT, or ATMA are a few examples.
  • State-Level Exam administered by a state testing body or a top state B-school on behalf of the state’s other participating colleges. For example, MAH-CET, OJEE, KMAT, TANCET, or APICET.
  • For admission to its own MBA programme, the Institute-Level Test is administered. Other B-schools may accept these scores as a qualifying criterion in some cases. XAT, NMAT, SNAP, and IBSAT are a few examples.
  • A university-conducted test for admission to MBA programmes offered by colleges affiliated with it.KIITEE, LUMET, and HPU MAT are a few examples.

The qualifying exam is followed by a second level screening round conducted by the college, which typically includes WAT-GD-PI. The final decision is based on the candidate’s overall performance in academics, the entrance exam, and the WAT-GD-PI.

Which are the Best MBA Entrance Exams?

MBA admission to Tier 1 and Tier 2 B-Schools is based on the results of the entrance exam. The top MBA exams that are valid for admission to various B-schools, as well as their application deadlines for the upcoming academic session, are listed below:

MBA Exam Name

Application Status

Application Link

CAT

Over (last date was September 21, 2022)

CAT application form

CMAT

To be announced

CMAT application form

SNAP

Underway (last date is November 24, 2022)

SNAP application form

IIFT

Underway (last date is November 24, 2022)

IIFT application form

XAT

Underway (last date is November 30, 2022)

XAT application form

MAT

Underway (Last date December 13, 2022)

MAT application form

NMAT

Over ( last date was October 10, 2022)

NMAT application form

ATMA

To be announced

ATMA application form

MBA Admissions 2022: Deadline for Applications

MBA candidates with relevant entrance test scores can apply for admission to business schools for the current academic year. Some of the most prestigious private business schools are now accepting applications for their MBA/PGDM programmes. The table below displays the application status of some of India’s most prestigious MBA programmes.

MBA College

Exam Score Accepted

Application status MBA/PGDM 2022 batch

International Management Institute, Kolkata

CAT, XAT, GMAT

Closed

International Management Institute, Bhubaneswar

CAT, XAT, GMAT

Closed

IMT Ghaziabad

CAT, XAT, GMAT, CMAT

Closed

FMS Delhi University

CAT, XAT

Closed

SPJIMR Mumbai

CAT, GMAT

Closed

IIFT Delhi

IIFT Entrance Exam

Closed

XLRI, Jamshedpur

XAT, GMAT

Closed

Great Lakes Institute of Management

CAT, XAT, CMAT

Closed

Symbiosis International University (Deemed)

SNAP

Closed

MDI Gurgaon

CAT, GMAT

Closed

Vijay Patil School of Management

CAT, XAT, GMAT, GRE

Open

Dr DY Patil Vidyapeeth, Pune

CAT, MAT, XAT, CMAT, ATMA, AIET

Open

KIIT SOM

CAT, XAT, MAT, CMAT, ATMA, GMAT, KIITEE MBA

Closed

Christ University

CUET

Closed

Alliance School of Business, Alliance University

CAT, XAT, GMAT, NMAT, SNAP, KMAT, MAT, CMAT, IBSAT, ALLIANCE-AMAT

Open

APPLY NOW

Crescent School of Business

CAT, XAT, CMAT, ATMA, MAT, GMAT, TANCET and CSBAT

Open

Asia-Pacific Institute of Management

CAT, MAT, XAT, CMAT, GMAT

Open

APPLY NOW

Birla Institute of Management Technology, Noida

CAT, GMAT

Closed

JK Business School

CAT, MAT, CMAT

Closed

ITM Business School

CAT, MAT, XAT, CMAT, GMAT, MAH-CET

Open

APPLY NOW

Prin. L. N. Welingkar Institute Of Management

CAT, XAT, CMAT, GMAT, ATMA

Closed

Thiagarajar School of Management

CAT, XAT, CMAT, MAT, GMAT, ATMA

Closed

Jaipuria Institute of Management

CAT, XAT, MAT, CMAT, ATMA

Closed

Fortune Institute of International Business

CAT, XAT, CMAT, GMAT, MAT

Closed

EMPI Business School

CAT, XAT, CMAT, MAT, ATMA

Closed

Lloyd Business School Noida

CAT, XAT, CMAT, MAT, GMAT

Closed

FLAME University

CAT, XAT, MAT, CMAT, MAH-CET, GMAT

Closed

IPE Hyderabad

CAT, XAT, CMAT, GMAT, ATMA, MAT

Open

Indian School of Business (ISB)

GMAT, GRE

Open

IFMR – Sri City Institute for Financial Management and Research (IFMR GSB)

CAT, XAT, CMAT, GMAT, GRE

Open

 

Examine the Top MBA Colleges

In terms of acceptance, the CAT and CMAT are India’s two most important MBA entrance exams. The results of these two exams are accepted by over 1000 business schools in India. Over 600 B-Schools in India accept MAT and ATMA exam scores. Check out the table below for the top MBA colleges based on entrance exam:

MBA Colleges by Exam

Colleges Accepting CAT

Colleges Accepting ATMA

Colleges Accepting MAT

Colleges Accepting GMAT

Colleges Accepting XAT

Colleges Accepting MAHCET

Colleges Accepting CMAT

Colleges Accepting TANCET MBA

Colleges Accepting NMAT by GMAC

Colleges Accepting OJEE

What is the MBA Curriculum?

MBA students are exposed to a wide range of subjects. Students in a two-year MBA programme begin with core curriculum such as Organizational Behaviour, Marketing, and Management Principles, to name a few. They are exposed to subjects such as Entrepreneurship and Business Law in their second year. MBA colleges classify these subjects as core and electives, and students can choose between the electives. Some of the subjects covered in the MBA programme are as follows:

  • Marketing
  • Human resource administration
  • Business strategy
  • Finance administration
  • Management principles
  • Business regulations
  • Communication abilities
  • Entrepreneurship
  • Communication in Business
  • Computer Software
  • Taxation of organisational behaviour
  • Retail administration
  • Economics Business Environment Project Work

Semester-by-Semester MBA Syllabus

The standard MBA programme is divided into four to six semesters over the course of two years. The MBA subjects for each semester are listed below:

MBA Syllabus Semester I

Organizational Behaviour

Marketing Management

Quantitative Methods

Human Resource Management

Managerial Economics

Business Communication

Financial Accounting

Information Technology Management

MBA Syllabus Semester II

Organization Effectiveness and Change

Management Accounting

Management Science

Operation Management

Economic Environment of Business

Marketing Research

Financial Management

Management of Information System

MBA Syllabus Semester III

Business Ethics & Corporate Social Responsibility

Strategic Analysis

Legal Environment of Business

Elective Course

MBA Syllabus Semester IV

Project Study

International Business Environment

Strategic Management

Elective Course

What are the Top MBA Specializations?

Aside from the standard MBA programme, candidates can pursue an MBA with a specialisation in a specific field. Candidates have a variety of MBA specialisation options in India. Every candidate should choose a branch or specialisation in their MBA programme because it better prepares them for specific domains such as Finance, Operations, Human Resources, Sales, and Marketing, to name a few. The following are the most popular MBA specialisations:

List of MBA specialisations

Finance

Agriculture & Food Business

Infrastructure

Advertising

Marketing

Materials Management

International Business

NGO Management

Sales

Oil & Gas

Disaster Management

Pharma

Human Resources

Retail

Energy & Environment

Project Management

Operations

Rural Management

Import & Export

Sports Management

Product

Supply Chain

IT & Systems

Telecom

Business Analytics

Textile Management

Healthcare & Hospital

Transport & Logistics

Digital Marketing

Forestry

Business Economics

Public Policy

Entrepreneurship

Hospitality

What are the best MBA programmes in India?

In India, there are approximately 5,000 MBA colleges. One can select an MBA college based on their interest in a specific MBA specialisation, location, fees, infrastructure, placements, and entrance exam scores. Most top-ranked and Tier-1 MBA programmes are difficult to get into due to their stringent admissions criteria. They select the best of the best, so passing the CAT or GMAT with high marks is essential.

Admission to a Tier-2 or Tier-3 MBA programme, on the other hand, is much easier. Their admission cut-offs are lower than those of the IIMs, XLRI, MDI, SPJIMR, FMS, IMT, and other prestigious institutions. Check out the top MBA colleges by location and entrance exams in the section below:

View the Top MBA Schools by Location

Although Pune and Bangalore are considered MBA education hubs, Kolkata, Mumbai, Ahmedabad, and Delhi also have some of the top ranked B-Schools. Check out the tables below for the best MBA schools by location.

What are the best MBA programmes in Mumbai?

The top ten MBA colleges in Mumbai are listed below. For a complete list, see

Top MBA Colleges in Mumbai

Shailesh J. Mehta School of Management, IIT Bombay

Admission Process

NITIE Mumbai

Admission Process

SPJIMR Mumbai

Admission Process

NMIMS School of Business Management, Mumbai

Admission Process

SIMSREE – Mumbai

Admission Process

SDA Bocconi

Admission Process

Xavier Institute of Management Research

Admission Process

ICFAI Business School Mumbai

Admission Process

VIT Vidyalankar Institute of Technology

Admission Process

SIES College of Management Studies

Admission Process

What are the best MBA programmes in Delhi?

The top ten MBA colleges in Delhi are listed below. See the complete list

Top MBA Colleges in Delhi-NCR

DOMS-IIT Delhi

Admission Process

FMS, Delhi University

Admission Process

MDI Gurgaon

Admission Process

Indian Institute of Foreign Trade

Admission Process

IMI Delhi

Admission Process

BIMTECH Greater Noida

Admission Process

IMT Ghaziabad

Admission Process

BML Munjal University School of Management

Admission Process

Amity University, Noida

Admission Process

Fore School of Management

Admission Process

What are the best MBA programmes in Bangalore?

The top ten MBA colleges in Bangalore are listed below. See the complete list

Top MBA Colleges in Bangalore

IIM Bangalore

Admission Process

ISBR Business School

Admission Process

Regional College of Management

Admission Process

Christ University

Admission Process

Indian Institute of Plantation Management

Admission Process

Dr. Ambedkar Institute Of Technology (AIT), Bangalore

Admission Process

Presidency College

Admission Process

AIMS Institute

Admission Process

XIME Bangalore

Admission Process

ISME Bangalore

Admission Process

What are the best MBA programmes in Pune?

The top ten MBA colleges in Pune are listed below. See the complete list

Top MBA Colleges in Pune

SIBM Pune

Admission Process

Dept of Mgt Sciences, Pune University

Admission Process

National Institute of Bank Management

Admission Process

National Insurance Academy

Admission Process

Indira Institute of Management IIMP

Admission Process

Pune Institute of Business Management

Admission Process

Symbiosis Institute of Digital & Telecom Management

Admission Process

Singhad Institute of Management

Admission Process

Symbiosis Centre For Information Technology

Admission Process

Balaji Institute of Modern Management

Admission Process

What are the best MBA programmes in Chennai?

The top ten MBA colleges in Chennai are listed below. For a complete list, see

Top MBA Colleges in Chennai

DOMS-IIM Madras

Admission Process

Great Lakes Institute of Management

Admission Process

Loyola Institute of Business Administration

Admission Process

SSN School of Management

Admission Process

Loyola Institute of Technology

Admission Process

University of Madras

Admission Process

MOP Vaishnav College for Women

Admission Process

SRM School of Management

Admission Process

SRM Easwari Engineering College

Admission Process

School of Management DG Vaishnav College

Admission Process

What are the best MBA programmes in Kolkata?

The following are the top ten MBA colleges in Kolkata.. For the complete list

Top MBA colleges in Kolkata

IIM Calcutta

Admission Process

St Xavier’s University

Admission Process

IMI Kolkata

Admission Process

Institute of Engineering & Management

Admission Process

Calcutta University

Admission Process

Praxis Business Schools

Admission Process

United world School of Business

Admission Process

UEM-Kolkata

Admission Process

Globsyn Business School

Admission Process

IIFT Kolkata

Admission Process

What are the best MBA programmes in Hyderabad?

Given below is the list of top 10 MBA colleges in Hyderabad. For a complete list, see

MBA colleges in Hyderabad

ICFAI Business School

Admission Process

Institute of Public Entreprise

Admission Process

Badruka College Post Graduate Centre

Admission Process

Symbiosis Institute of Business Management

Admission Process

NMIMS University, Hyderabad

Admission Process

Chaitanya Bharathi Institute of Technology

Admission Process

Woxsen University

Admission Process

Institute of Management Technology

Admission Process

Malla Reddy College of Engineering and Technology

Admission Process

National Institute of Agricultural Extension Management

Admission Process

What are the best MBA programmes in Ahmedabad?

The top ten MBA colleges in Ahmedabad are listed below. For a complete list, see

Top MBA Colleges in Ahmedabad

IIM Ahmedabad

Admission Process

MICA Shela

Admission Process

Institute of Management Nirma University

Admission Process

Amrut Mody School of Management

Admission Process

St. Kabir Institute of Professional Studies

Admission Process

BK School of Business Management

Admission Process

Narayana Business School

Admission Process

Shanti Business School

Admission Process

ICFAI Business School, Sarkhej

Admission Process

LJ Institute of Management Studies

Admission Process

MBA Job Roles and Salary Information

An MBA degree holder is qualified for positions such as team leader and department manager. A manager’s job description includes planning, strategizing, and executing projects, leading a team, liaising with clients, coordinating with other departments, delegating work and responsibilities, and reporting to higher authorities on projects completed. The following are some of the most popular job options after an MBA, along with their corresponding salaries:

MBA jobs

Average salary (INR)

Finance Manager

9.6 LPA

Marketing Manager

10 LPA

Sales Manager

10 LPA

Human Resources Manager

4 LPA

Operations Manager

7 LPA

Product Manager

15 LPA

Data Analytics Manager

14 LPA

Digital Marketing Manager

4.5 LPA

Advertising Sales Manager

8.5 LPA

NGO Manager

5 LPA

Project Manager

13 LPA

Telecom Manager

7 LPA

Transport & Logistics Manager

6 LPA

Infrastructure Manager

11 LPA

International Business Manager

9 LPA

Risk Manager

10 LPA

Energy & Environment Manager

6 LPA

Import & Export Manager

6 LPA

IT & Systems Manager

7 LPA

Healthcare & Hospital Manager

4 LPA

Materials Manager

6 LPA

Retail Manager

5 LPA

Supply Chain Manager

8 LPA

Public Policy Manager

7 LPA

Top MBA Colleges in India for Job Opportunities

The top 30 MBA colleges in India according to the MHRD-NIRF rankings for 2021 are listed below. Also included are the average CTCs offered during the most recent campus placements.

MBA Institute

MHRD-NIRF Ranking 2021

Average CTC 2021 (INR)

IIM Ahmedabad

1

26.12 LPA

IIM Bangalore

2

26.18 LPA

IIM Calcutta

3

29.00 LPA

IIM Kozhikode

4

22.50 LPA

IIT Delhi-DMS

5

22.69 LPA

IIM Indore

6

23.60 LPA

IIM Lucknow

7

26.00 LPA

XLRI Jamshedpur

8

25.08 LPA

IIT Kharagpur-VGSOM

9

18.44 LPA

IIT Bombay-SJMSOM

10

21.96 LPA

MDI Gurgaon

11

22.05 LPA

NITIE Mumbai

12

20.88 LPA

IIT Madras-DOMS

13

14.38 LPA

IIT Roorkee-DOMS

14

10.58 LPA

IIM Raipur

15

15.20 LPA

IIT Kanpur

16

12.77 LPA

IIM Trichy

17

14.85 LPA

IIM Udaipur

18

13.19 LPA

SPJIMR Mumbai

19

15.11 LPA

SIBM Pune

20

19.56 LPA

IIM Ranchi

21

14.69 LPA

SVKM’s Narsee Monjee Institute of Management Studies

22

18.33 LPA

IIM Shillong

23

19.17 LPA

GLIM Chennai

24

11.00 LPA

IIFT Delhi

25

Rs 21.08 LPA

IMI Delhi

26

12.77 LPA

ICFAI Hyderabad

27

7.00 LPA

IIM Rohtak

28

13.74 LPA

Amity University

29

Rs 5 LPA

IIT-ISM Dhanbad

30

14 LPA

MBA Scope: Top Companies and Recruiters

In today’s job market, the scope of an MBA is vast. MBA graduates are in high demand across all industries and domains. Most MBA institutes offer campus placement to their students upon completion of the full-time MBA programme to ensure a smooth start to their career.

MBA degree holders are employed in a variety of capacities by all organisations, large and small, private and public. The following are a few of the top companies that hire MBA graduates through campus placements:

MBA Scope: Top Companies

BCG

Citibank

Deloitte

ITC

Avendus

Samsung

Mahindra

ITC

Reliance

Vodafone

ICICI Bank

EXL

HDFC

Larsen & Tubro

JP Morgan Chase & Co.

HSBC

PWC

Philips

McKinsey & Company

Nestle

Aditya Birla Group

Cipla

RPG

Flipkart

Tata

Saint Gobain

TAS

Crisil

Wipro

Credit Suisse

Microsoft

Bajaj

Accenture

Infosys

Microland

GAR

Amazon

Pidilite

Asian Paints

McKinsey&Company

 

MBA Course Frequently Asked Questions

 Q: What exactly is an MBA?

A: An MBA is a two-year postgraduate degree programme in business administration and management. The course provides knowledge and training for running a business successfully. Organizational behaviour, finance management, marketing management, operations management, human resource management, business communication, and other topics are covered.

 Q: What is the full form of MBA?

A: MBA stands for Master of Business Administration. The course originated in the United States around a century ago and arrived in India in the 1950s. The Indian Institute of Social Welfare And Business Management, or IISWBM, is India’s oldest MBA college. It was founded in 1953.

Q: What is the distinction between an MBA and a PGDM?

A: A degree is awarded to students who complete the MBA programme, while a diploma is awarded to students who complete the PGDM programme. However, the skills and training provided by a degree and a diploma are identical.

 Q: What is the best MBA programme?

A: All MBA courses or specialisations provide excellent opportunities for students interested in business management. However, the best MBA programme is entirely dependent on the candidates and their interests.MBA programmes in Sales and Marketing, Operations, Human Resources, Finance, and Information Technology are among the best in India.

 Q: What are the best MBA programmes in India?

A: The IIMs of Ahmedabad, Bangalore, and Calcutta are among the best MBA programmes in India. Apart from these three, FMS Delhi, SPJIMR, IMT Ghaziabad, JBMIS, NMIMS, IBS Hyderabad, GIM Goa, GLIM, and others are available. Click here for a list of all top MBA colleges in India.

 Q: What are the MBA eligibility requirements?

A: The graduation requirement is the MBA eligibility criteria. Many colleges, however, require minimum aggregate marks in Graduation (50 percent for general candidates and 45 percent for SC/ST candidates) or equivalent from a recognised university.

Q: How do I get into an MBA programme?

A: The MBA application process consists of an entrance exam, a group discussion, and a personal interview. Many colleges only admit students based on their graduation grade. To be admitted to an MBA programme, candidates must fill out an application form and go through the admissions process.

 Q: Do I have to take an entrance exam for MBA admission?

A: The majority of Tier-1 and Tier-2 MBA institutes in India accept candidates based on their MBA entrance exam scores. So, if you want to pursue an MBA from a reputable MBA college, you must take an entrance exam.

Q: How long is the MBA programme?

A: The MBA programme lasts two years and is divided into four semesters. This course includes a summer internship after the first year. Candidates are given the opportunity to participate in the placements process in their final year to begin their career.

 Q: I have a Bachelor of Arts. Which MBA concentration is right for me?

A: Human Resources, Sales & Marketing, Tourism & Hospitality, Advertising & PR, Entrepreneurship, and General MBA are the best MBA specialisations for Bachelor of Arts degree holders.

Q: Can I get an MBA by correspondence?

A: Yes, many universities, including IGNOU, Annamalai University, and Osmania University, offer correspondence MBA programmes (distance education mode). Many private universities also offer online MBA programmes that you can enrol in.

Q: Will I get a good job after finishing my MBA programme?

A: Yes, most MBA programmes offer students job placement at the end of the programme. Check to see if the college you want to attend has a placement cell to ensure you get a job. Check out its placement reports to find out which companies participate in campus placement.

 

 

Introduction

The NTA will administer the IIFT Exam Date 2023 during the first week of December 2022. The first week of September 2022 will see the announcement of the exam date and registration timetable. In a number of places, the IIFT entrance exam will be given in a computer-based examination style. For the IIFT 2023 exam, graduates and bachelor’s degree candidates in their final year may apply. The IIFT-NTA website will house the application forms.

IIFT Exam Date and More (Everything You need to know)

The Indian Institute of Foreign Trade (IIFT) administers the IIFT exam as a management aptitude test for admission to its MBA International Business program in Delhi, Kolkata, and Kakinada The National Testing Agency (NTA) manages the IIFT exam on behalf of the institute. The IIFT question paper contains inquiries from Verbal Ability and Reading Comprehension, Quantitative Ability, Data Interpretation & Logical Reasoning, and General Awareness.. This online test has a two-hour duration. Foreign, NRI, and PIO applicants are accepted by IIFT based on their GMAT results.

CMAT Exam 2023 (important Dates)

For details about the IIFT Exam Date 2023, including crucial dates and events, see the table below.

IIFT 2023 Events IIFT 2023 Dates Important details
IIFT registrations 2023 begin
September’s first week in 2022
The entrance test’s online registration
and application form submission
will soon begin.
Registrations end
October’s final week in 2022
Fill out an application and pay the exam
fees to complete the process.
Form correction process
October’s final week in 2022
Candidates are able to post new
signatures and images. Other corrections
are not permitted.
IIFT 2023 admit card download begins
November’s final week in 2022
A download link for the admit card will
be made available on the IIFT-NTA website.
IIFT exam 2023
2022’s first week of December
Exam will be administered in more
than 60 cities in a single session
(Exam timings: 10:00 AM to 12:00 PM)
IIFT 2023 answer key release
2023’s first week of January
On the NTA-IIFT website, the
IIFT 2022 answer key and
question paper will be made available.
Process of challenging IIFT answer key
2023’s first week of January
Candidates may use an online form
on the NTA website to contest
the official IIFT 2023 answer key.
IIFT 2023 result announcement
2023 in the first week of February
IIFT 2023 scorecards and results
will be made available on the NTA-IIFT website

IIFT Exam Eligibility Criteria 2023

  • A bachelor’s degree, or its equivalent, of at least three years duration in any field from an accredited university.
  • Candidates must have earned a minimum of 50% overall in their undergraduate studies for general students, and 45% overall for SC/ST/PWD candidates.
  • Candidates who are in their final year of high school may also apply. However, by October 7, 2023, such candidates must submit their final year degree.

IIFT Exam Highlights

For some crucial IIFT admission exam highlights, see the table below:

Features  Details 
Exam Name IIFT Exam
Conducting Body National Testing Agency
IIFT 2023 Exam Date First week of December 2022
Exam Level National
Exam Frequency Once a year
Exam Mode Online
Exam Duration 2 hours
Exam Syllabus Verbal Ability & Reading Comprehension
General Knowledge
Logical Reasoning & Data Interpretation
  Quantitative Analysis
Exam Pattern 110 questions in MCQ format
Language English
Exam Fees INR 2,500 (General category)
Exam Purpose Admission into IIFT Delhi, IIFT
Kolkata and IIFT Kakinada
Course Offered MBA-International Business
No. of Test Cities 68
Number of Applicants 40,000 (approx.)
Number of Seats 400 (approx.)

Top 15 Online/Distance MBA Colleges in India 2023

IIFT 2023 Syllabus

The IIFT’s course is comparable to those of other MBA admission exams. English, quantitative analysis, data interpretation, logical reasoning, and general awareness are the key topics. The key subjects covered by the IIFT syllabus are listed below:

IIFT Sections IIFT Syllabus
Data Interpretation and Logical Reasoning Combining a line graph with a bar, a bar graph
with a line, a table, a pie chart with a table,
a circular arrangement, a linear
arrangement, a coding puzzle, etc.
Quantitative Analysis Mensuration, modern mathematics, geometry, algebra, etc.
Verbal Ability and Reading Comprehension comprehension of text, Synonym identification,
sentence grammar recognition, word
substitution, jumbled paragraphs, etc.

IIFT Exam 2023 (Exam Pattern and Test Structure)

The IIFT 2023 exam format is the same as it was in 2018. The IIFT exam is administered online and lasts for two hours. About 110 problems from VARC, General Knowledge, Logical Reasoning & Data Interpretation, and Quantitative Analysis will range in difficulty from moderate to high. The weighting of each section in the IIFT exam is listed below:

IIFT Section Number of Questions Marks Allotted to
each question
VARC 35 3
GK 20 1.5
LRDI 30 3
QA 25 3

IIFT Registration Process 2023

There are several rounds of shortlisting and selecting candidates as part of the IIFT admissions process. learn more about the IIFT admissions and hiring procedure

  • Candidates are invited to the essay writing, group discussion, and personal interview rounds if they meet the IIFT cutoffs.
  • Candidates are given a topic pertaining to general or corporate matters for their essay writing. An essay with about 300 words takes 20 minutes on average to draught.
  • In the GD phase, the topics are assigned to groups of 10 to 12 candidates. Following that, candidates must demonstrate initiative, effective communication, and presentation of their ideas.
  • The final round is the PI round, during which the panellists question the applicants. The candidates receive email notification of the outcome.

IIFT  Admit Card 2023

Only registered candidates will receive an IIFT admit card for 2023. Up until the day of the exam, it will be accessible for download. Before the exam day, candidates are recommended to download their admission cards. The actions to complete in order to download your IIFT admission card are listed below:

  • Go to iift.nta.nic.in to access the IIFT-official NTA website.
  • Press the “IIFT 2023 admission card download” button.
  • Enter your security code, birthdate, and application number.
  • To download your IIFT 2023 admissions card, click submit.

IIFT  Result Announcement

In January or February, NTA-IIFT will publish the IIFT 2023 exam results. The outcome, which is based on the solution key, includes the candidate’s name, roll number, category, photograph, sectional scores, overall score, and overall percentile. Following are the steps to take in order to download the IIFT 2023 results:

  • go to the IIFT or NTA official websites
  • Select “IIFT 2023 NTA scorecard” from the list of tabs.
  • Application number and birthdate must be entered.
  • To register, press submit.
  • To view the IIFT 2023 scorecard, select the appropriate tab.
  • Get the scorecard by downloading it and printing it.

How To prepare for IIFT Exam 2023?

One must create a plan for the IIFT 2023 exam preparation that allows enough time for each item on the syllabus. To understand fundamental principles, begin by studying pertinent subjects. Move on to answering practice exams and sample papers once the syllabus has been covered. One must be well-versed in all ideas, formulas, and question types for the quantitative portion. One needs to practice example questions for Reasoning, Data Interpretation, and Verbal Ability from the beginning to the finish of the IIFT exam preparation phase. As it is memory-based and simple to manage, the General Awareness component of the IIFT exam can be picked up in the final round of preparation.

The books listed below must be used by anyone getting ready for the IIFT 2023 exam. Additionally, they must consult secondary study materials found in online study groups on sites like Facebook, Quora, WhatsApp, Telegram, etc.

Best books for IIFT preparation: Quantitative Analysis

IIFT preparation books Author/ Publisher
Quantitative Aptitude RS Aggarwal
Quantitative Aptitude For
Competitive Examinations
Abhijit Guha
Quantum CAT Sarvesh K Verma
The Pearson Handbook of
Quantitative Ability
and Data Interpretation
Nishit Sinha
 How to be ready for the CAT’s
quantitative
aptitude test
Arun Sharma

Best books for IIFT preparation: Logical Reasoning

IIFT preparation books Author/ Publisher
For the CAT, verbal reasoning and logic Nishit K. Sinha
How to Get Ready for the CAT
Logical Reasoning Test
Arun Sharma
Verbal & Non-Verbal Reasoning RS Aggarwal

Best books for IIFT preparation: Data Interpretation

IIFT preparation books Author/ Publisher
Data analysis and logical thinking for CAT Pearson
Data Interpretation for The CAT Arun Sharma
For the CAT and other MBA exams, logical
reasoning and data interpretation
Nishit K Sinha

The two best prep books for the IIFT are Verbal Ability and Reading Comprehension.

IIFT preparation books Author/ Publisher
30 Days to a More Powerful Vocabulary Wilfred Funk and Norman Lewis
High School English Grammar & Composition Wren & Martin
The Pearson Guide to Verbal Ability
and Logical Reasoning
Nishant Sinha
Verbal & Non-Verbal Reasoning R. S. Aggarwal
Word Power Made Easy Norman Lewis

Resolve IIFT Question Papers from Previous Years

In addition to studying the literature suggested for the IIFT exam, candidates should complete sample papers, previous years’ IIFT question papers, and as many mock exams as they can. Things to keep in mind regarding practice exams when preparing for the IIFT

  • You can get a sense of the types of questions asked in the exam and the number of questions from each unit by looking at previous IIFT question papers.
  • Before finishing the IIFT course, avoid solving a lot of IIFT test questions, sample papers, or mock exams.
  • Ensure that you evaluate your performance after each practice test. Your strengths and shortcomings will be shown by this.
  • Make an effort to finish at least 25–35 practice papers and mock exams. Focus on a range of example papers since this will expose you to all different types of questions, including difficult, simple, lengthy, and challenging ones.

IIFT Section-by-Section Preparation Advice

In order to adequately study for the IIFT 2023 exam, aspirants must give each area of the test, including the GK section, equal attention. Meeting the sectional cut off should be the first goal, followed by capitalizing on it.

Statistical Analysis

You must use time management skills as effectively as possible because this portion relies on calculations. In the QA section of the IIFT exam, you will encounter both difficult and simple questions. Find the simple questions, then try to finish before the sectional cutoff. Avoid getting marked down by not attempting questions you feel you can’t answer accurately with 100 percent. Concentrate on Algebra, Arithmetic, and Geometry while studying for the IIFT exam. 

Using logic and data to interpret

The IIFT’s DI portion is notoriously difficult since the sets are so heavily dependent on calculation. The LR section, on the other hand, is simpler and more approachable. Learn how to use complex data circumstances, pie charts, bar graphs, data tables, line charts & combinations, arrangements, family trees, and more. 

Verbal fluency and comprehension of text

While para-jumbles can be challenging, the Reading Comprehension component of the IIFT exam is often direct and factual. The vocabulary test is simple. To succeed in this part, thoroughly research Norman Lewis. Practice lengthy RCs in this portion of IIFT 2023 to prevent surprises

knowledge and awareness generally

The majority of the inquiries in this section concern foreign current affairs and business news. Do not attempt if you find the questions difficult because the cut-off for this area is still quite low. Don’t expose yourself to penalties. Refresh your memory on recent events, particularly in the business world. Do some static GK reading..

IIFT Exam Planning

Achieving sectional cut-offs in the IIFT test is crucial for GD/PI selection since the institute will take both the overall IIFT score and the sectional score into account when shortlisting the candidates. So, when taking the IIFT 2023 exam, make sure to answer just enough questions to reach the sectional cut-offf. Capitalize on it once you’ve met the sectional cutoff. The amount of time you should devote to each exam part must also be kept in mind. The recommended amount of time for each section of the IIFT 2023 exam is provided below.

IIFT Sections Suggested Time-Limit 
Data Interpretation 20 minutes
General Knowledge & Awareness 10 minutes
Logical Reasoning 25 minutes
Quantitative Analysis 25 minutes
Reading Comprehension 20 minutes
Verbal Ability 20 minutes

Top MBA Specialization in India 2023

IIFT Exam 2023 (Expected Cut Off)

We have predicted the IIFT cut-offs for 2023 admission based on prior years’ cut-offs. Look at the details in the table below:

Section Name Expected IIFT 2023 cut off
Data Interpretation & Logical
Reasoning
20-Oct
General Awareness 7-Jun
Overall 125-130
Quantitative Analysis 12-Oct
Verbal Ability & Reading
Comprehension
33-36

FAQ'S

Question: What is IIFT 2023?

Answer: The Indian Institute of Foreign Trade (IIFT) administers the IIFT 2023 management entrance exam for admission to its two-year MBA International Business (IB) programme at its campuses in Delhi, Kolkata, and Kakinada.

Question: What is the time duration of IIFT 2023?

Answer: The IIFT 2023 test has 110 questions in 4 categories (VARC, QA, DILR, and GK), and you have 120 minutes to complete it. In the IIFT MBA test, there is no sectional time limit.

Question: Is IIFT exam conducted in online mode?

Answer: Yes, the IIFT exam is given in an online CBT format at several test locations spread across more than 60 Indian cities. On December 18, the IIFT 2023 exam will only be offered in computer-based test mode.

Question: Are IIFT application forms available offline?

Answer: No, the official website is the only place to find IIFT application forms. On the official website, IIFT Application forms 2023 are also accessible online from September 30 to November 14, 2022.

Question: What is IIFT 2023 application fee?

Answer: IIFT 2023 application fee will differ as per the categories: 

  • General & OBC: INR 2500 
  • SC/ ST/ PH: INR 1250
  • Foreign Nationals/ Children of NRIs/ NRI: INR 15000 (USD 200)

Question: How can the IIFT 2023 application fees be paid?

Answer: The application fee can be paid with credit/debit cards, UPI, or net banking when applying online for IIFT 2023.

Question: Is there any other test after the written test in IIFT Exam 2023?

Answer: Yes, those who pass the written test must also pass the writing skill assessment test, personal interview, and group discussion.

Question: What are the minimum eligibility criteria to appear for IIFT entrance test?

Answer: The minimum graduation requirement for applicants is a three-year degree in any discipline. They had to receive a minimum of 50% of the possible points. Candidates who are SC, ST, or PH are entitled for a 5% qualifying mark relaxation.

Question: Are the candidates appearing in the final exams of graduation eligible to apply for IIFT Exam 2023?

Answer: Candidates who will be taking exams in their final year or semester are eligible for admissions, provided they submit the necessary documentation of their qualifications by the deadline.

Question: Is there any age criteria for IIFT Exam?

Answer: No, there is no age restriction for candidates applying for MBA admissions based on results from the IIFT exam.

Question: Is the application process the same for candidates who are foreign nationals?

Answer: No, the GMAT scores will be used to narrow down the pool of candidates from abroad. At the IIFT campus, they will then have to go through a Personal Interview phase. Candidates who are unable to show up in person for PI may still be interviewed through Skype.

Question: What prerequisites must be met in order to be eligible as an international applicant?

Answer: International applicants for IIFT admission must have resided outside India for at least 18 months and must remain outside India throughout the IIFT test procedure. The High Commissions/Indian Embassy/Consulate of the country where the candidate is currently based must submit a certificate with the application for Indian nationals who are residing, working, or studying abroad. The certificate must attest to the fact that the candidate has lived there consistently for at least 18 months.

Question: What are the writing test’s centres?

Answer: Ahmedabad, Allahabad, Bangalore, Bhubaneshwar, Chandigarh, Chennai, Coimbatore, Dehradun, Delhi, Guwahati, Hyderabad, Indore, Jaipur, Jamshedpur, Kochi, Kolkata, Lucknow, Mumbai, Nagpur, and Vishakapatnam are among the places where the written test will be administered.

Question: After the application form has been submitted, can the date be changed?

Answer: No, after paying the application cost, applicants are not permitted to change the data. Candidates can submit an email from their registered email address with any necessary revisions by including their full name, the application form number, and the details that need to be changed. Candidates must be aware that only a few essential pieces of information can be changed.

Question: Is it permissible to change the exam’s centre?

Answer: Candidates may only submit an online change of centre application. They are required to pay INR 1,000 in fees for the same. There will be no offline requests.

Question: How many seats would be available under IIFT 2023?

Answer: Soon, the number of seats for IIFT 2023 will be updated. However, 360 places in total are available at both campuses for IIFT 2022. The seating arrangement will follow the details listed below:

  1. Delhi – 220 seats 
  2. Kolkata – 140 seats

Question: Does the test have a sectional cut off IIFT Exam?

Answer: Yes, in order to be eligible for the next step in the admissions process, candidates must pass the written test’s sectional and overall cutoffs.

Question: Does the admit card need to be accompanied by any other documents on the day of the exam?

Answer: Candidates must carry one photo ID evidence and their admission card. Candidates may bring any of the following documents: Passport, voter identification card, Aadhar card, driver licence, PAN card, and student identification card.

Question: What documents will I need to bring to the counselling session?

Answer: Candidates must carry original as well as photocopies of the following documents at the time of counseling:

  • IIFT 2023 Scorecard
  • Memorandum of marks of SSC
  • Memorandum of marks of HSC
  • Memorandum of marks of Graduation
  • Provisional/ Degree Certificate
  • Community certificate
  • Transfer Certificate
  • Income Certificate
Share To:

This Post Has 10 Comments

Leave a Reply