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IIFT Launches MBA International Business and MBA Business Analytics for 2024-26

IIFT has launched new MBA programs in International Business & Business Analytics for the 2024-26 academic session. These programs offer advanced career opportunities in global business & data analytics.
authorImageShivani Kumari19 Jul, 2024
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IIFT Launches MBA International Business and MBA Business Analytics for 2024-26

IIFT Launches MBA International Business: The Indian Institute of Foreign Trade (IIFT) has launched its two-year MBA programs in International Business and Business Analytics for the 2024-26 session with an inaugural ceremony. The event, attended by students, parents, and faculty, featured Sunil Barthwal, Secretary of the Department of Commerce, who highlighted the importance of these fields in the global economy.

He encouraged students to engage in peer learning, embrace diversity, and continuously update their skills. Professor Rakesh Mohan Joshi, Vice Chancellor of IIFT, welcomed the new students, emphasizing the importance of hard work and contemporary skills for success. The ceremony set the tone for a rigorous academic session focused on global perspectives and leadership.

IIFT Launches MBA International Business and MBA Business Analytics

Founded in 1963, IIFT is a top Indian institute focused on international trade and business. Known for its strong academic programs, IIFT plays a key role in teaching and researching international business. With campuses in Delhi and Kolkata, it offers a range of programs designed for the global business world. The institute is well-regarded for its hands-on learning approach and connections with industry, making it a popular choice for future business leaders.

MBA in International Business (MBA-IB)

The MBA in International Business is a two-year full-time program structured over six trimesters. It aims to provide students with a comprehensive understanding of international business practices and the global market landscape. The curriculum covers essential areas such as:
  • International Marketing
  • Global Supply Chain Management
  • International Trade Laws
  • Cross-Cultural Management
  • International Finance
This program is designed to develop a competent cadre of business executives who can navigate the complexities of international markets and contribute to the growth of Indian businesses on a global scale. The syllabus is comparable to that of leading international business schools, ensuring that graduates are well-prepared for the challenges of the global economy.

MBA in International Business Admission Criteria

To be eligible for the MBA-IB program, candidates must possess a recognized bachelor’s degree of a minimum three-year duration in any discipline, with at least 50% marks (or 45% for SC/ST/PWD candidates). Candidates appearing for their final examinations can also apply, provided they submit proof of their qualifications by October 31, 2024.The admission process is based on the following components:
  • Valid CAT 2023 score
  • Group Discussion (GD)
  • Personal Interview (PI)
Shortlisted candidates will be invited for GD and PI sessions, which will take place in various cities across India, including Ahmedabad, Bengaluru, Chennai, Delhi, Hyderabad, Kolkata, Lucknow, and Mumbai, in March and April 2024.

MBA in International Business Program Fees

The total fee for the MBA-IB program for the 2024-26 batch is structured as follows:
Campus Total Fee* Refundable Security
Delhi Rs. 21,77,314/- Rs. 10,000
Kolkata Rs. 20,97,314/- Rs. 10,000
The fee covers tuition, library access, internet services, medical insurance, hostel charges, boarding, student activities, and alumni charges. A 50% concession in tuition fees is available for SC, ST, and PWD candidates.

MBA in Business Analytics (MBA-BA)

The MBA in Business Analytics is another flagship program launched by IIFT, focusing on the growing importance of data analytics in business decision-making. This two-year full-time program is designed to familiarize students with various analytical tools and techniques that can be applied across different business domains. Key areas of study include:
  • Data Mining and Predictive Analytics
  • Business Intelligence
  • Statistical Analysis
  • Machine Learning Applications
  • Data Visualization
The program emphasizes the application of analytics in real-world business scenarios, preparing graduates to leverage data for strategic decision-making and operational efficiency.

MBA in Business Analytics: Admission Criteria

Candidates interested in the MBA-BA program must hold a bachelor’s degree with a minimum of 50% marks in aggregate or a CGPA of 5.0 out of 10. Additionally, candidates should have studied Mathematics or Statistics at the graduation level or have a B.Tech/B.E. degree in any discipline.The admission process mirrors that of the MBA-IB program, requiring:
  • Valid CAT 2023 or GMAT score
  • Group Discussion (GD)
  • Personal Interview (PI)
Shortlisted candidates will also participate in GD and PI sessions in March and April 2024.

MBA in Business Analytics Program Fees

The fee structure for the MBA-BA program is as follows:
Campus Total Fee* Refundable Security
Delhi Rs. 17,16,506/- Rs. 5,000
Similar to the MBA-IB program, this fee includes tuition, library access, internet services, medical insurance, student activities, and alumni charges. A 50% concession in tuition fees is available for SC, ST, and PWD candidates.

Significance of the Programs

The launch of the MBA-IB and MBA-BA programs reflects IIFT’s commitment to addressing the evolving needs of the global business landscape. As businesses increasingly operate in a complex international environment, there is a growing demand for professionals who are equipped with the skills to manage cross-border operations and analyze vast amounts of data.

Preparing for the Future

Both programs are designed to prepare students for the future of work, where data-driven decision-making is paramount. The integration of analytics into business strategies is becoming essential for organizations seeking to maintain a competitive edge. Graduates of these programs will be well-positioned to take on leadership roles in various sectors, including finance, marketing, and operations.

Industry Collaboration

IIFT emphasizes collaboration with industry leaders to ensure that its curriculum remains relevant and aligned with current market trends. This approach not only enhances the learning experience but also provides students with valuable networking opportunities and exposure to real-world challenges. With a robust curriculum, experienced faculty, and a focus on practical learning, these programs are poised to attract aspiring professionals eager to make their mark in the world of business. Realise your MBA target with strategic preparation offered by PW MBA Online Coaching . Join now to get comprehensive syllabus coverage, doubt resolution with individualized attention, regular practice sessions, and weekly tests.

IIFT Launches MBA International Business FAQs

What new MBA programs has IIFT introduced?

IIFT has introduced two new MBA programs for the 2024-26 session: MBA in International Business and MBA in Business Analytics.

When did the MBA programs at IIFT start?

The MBA programs at IIFT started with an inaugural ceremony for the 2024-26 academic session.

What are the key features of the MBA in International Business program?

The MBA in International Business program focuses on global business practices, including international marketing, supply chain management, trade laws, and finance.

What are the program fees for the MBA in Business Analytics at IIFT?

The fee for the MBA in Business Analytics program is Rs. 17,16,506 at the Delhi campus, with a refundable security deposit of Rs. 5,000.
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