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IIFT To Accept CAT 2023 Score For Admission MBA (IB), MBA (BA) AY 2024-25

authorImageAnil Solonki5 Nov, 2023
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IIFT To Accept CAT 2023 Score For Admission MBA (IB), MBA (BA) AY 2024-25

The Indian Institute of Foreign Trade (IIFT), a distinguished business school in India, has announced that starting from the Academic Year 2024-25, applicants seeking admission to the institute's two-year MBA programs in International Business and Business Analytics must submit their CAT 2023 scores. Candidates will undergo a selection process that involves various components such as Written Ability Test (WAT), group discussions, extempore speaking, personal interviews, and more.

These components, in addition to the CAT scores, will determine the shortlisting of candidates for the MBA programs. It's imperative for all prospective students aiming to join IIFT's MBA (IB) and MBA (BA) programs for the 2024-26 academic cycle to possess a valid CAT 2023 score. The registration for CAT 2023 commenced on August 2, 2023, and will continue until September 13, 2023. The online CAT 2023 examination is scheduled for November 26, 2023. For further information about CAT 2023 , interested individuals can visit the official website. Aspiring students can anticipate that application forms for IIFT's MBA (IB) and MBA (BA) programs for the 2024-26 session will likely be accessible on the IIFT website, towards the end of September 2023. IIFT was established in 1963 under the Ministry of Commerce and Industry, Government of India, with the goal of enhancing skill development in India's foreign trade sector. It achieved "Deemed to be a university" status in 2002. Recognized as a Grade ‘A’ Institution by the National Assessment and Accreditation Council (NAAC) in 2005 and 2015, IIFT earned the prestigious AACSB Accreditation in 2021. This accreditation places IIFT among the distinguished group of 900+ business schools worldwide that have received this recognition.

IIFT Admission 2024: Key Changes

  • In a notable shift in the admission process for the 2024–26 batch, the Indian Institute of Foreign Trade (IIFT) has made CAT 2023 a mandatory examination for securing admission to its MBA (International Business) program in both the Delhi and Kolkata campuses.
  • As part of this change, the existing IIFT entrance exam, previously conducted by the National Testing Agency (NTA), has been canceled.
  • This alteration is favorable news for CAT aspirants, as they are now exempt from the separate IIFT entrance exam and can solely focus on CAT 2023.
The announcement from IIFT underscores, "From the Academic Year 2024–25, admission to IIFT's two-year MBA (International Business) and MBA (Business Analytics) programs will rely on the CAT 2023 score. Shortlisting for the subsequent rounds of the admission process, encompassing activities like the Written Ability Test (WAT), Group Discussion, Extempore, and Personal Interview, will be based on the CAT Score and other relevant parameters. Thus, possessing a valid CAT 2023 score is obligatory for aspiring candidates seeking admission to IIFT's MBA (IB) and MBA (BA) programs for the 2024–26 academic cycle." With CAT 2023 established as the essential examination for IIFT Admission 2024, prospective IIFT students are required to register and apply for CAT 2023 to be eligible for admission consideration. Additionally, candidates should initiate a separate application for IIFT admission, much like the process followed for other esteemed non-IIM B-schools such as FMS Delhi, SPJIMR Mumbai, MDI Gurgaon, and others. IIFT will initiate its application process by the closing stages of September 2023.

Also Read: IIFT Invites Applications for MBA IB, MBA BA 2024 Programmes

IIFT Admission 2024: Important Dates

The subsequent details outline the crucial dates and chronological sequence pertinent to the admission process for the IIFT MBA (International Business) program for the year 2024.
IIFT Admission 2024 Timeline Key Dates Details
CAT 2023 Registration Dates Aug. 2 to Sept. 13, 2023 Register and Apply until 5 p.m.
IIFT Application Date for Admission: 2024 From Sept. 2023 last week To remain Open for more than a month
CAT 2023 Exam Date November 26, 2023 Mandatory Exam for IIFT Admission 2024

How is CAT 2023 different from the IIFT Entrance Exam conducted by NTA?

When contrasting the CAT examination and the IIFT test, we can identify the following five notable distinctions:
Exam Components CAT 2023 IIFT Entrance conducted by NTA
Duration 2 hours 2 hours
Total Questions 66 110
No. of Sections 3 4
Names of Sections VARC, DILR, and QA VARC, QA, DILR, and GK
Scoring Pattern Uniform, 3 Marks for the right answer varying from 1.5 marks to 3 Marks for the right answer
Negative Marking -1 (33%) for the wrong answer 0.75 to -1 (33%) for the wrong answer
Types of Questions MCQs and Non-MCQs MCQs
No Penalty Questions 25-28 Percent None
Maximum Score 198 300

IIFT Admission Tests So Far: Used to Delay the Selection Process

  • Before 2019, IIFT used to organize its own entrance examination, which included around 5 to 6 sections with different scoring methods. This exam typically took place soon after the CAT exam, usually by the first week of December.
  • From 2019 to 2022, the National Testing Agency (NTA) was responsible for conducting the IIFT entrance exam, consisting of four sections and a total of 110 questions. This test occurred as late as December, and its results were sometimes announced in the third or last week of January.
  • However, for IIFT Admission 2024, the assessment will be based on the CAT 2023 score. The CAT exam is scheduled for November 26, 2023, and its result is usually declared in the first week of January or the last week of December. With the CAT 2022 result announced as early as December 21, 2022, this prompt disclosure will enable IIFT to promptly release its shortlist and complete the final selection process far earlier than the current trend that often extends to May or June.

IIFT to consider only CAT 2023 score FAQs

Will IIFT be using CAT scores for admission to MBA (IB) and MBA (BA) programs in the Academic Year 2024–25?

Yes, starting in the Academic Year 2024–25, IIFT will consider the CAT 2023 scores for admission to its MBA (International Business) and MBA (Business Analytics) programs.

What are the key components that determine the shortlisting of candidates for the MBA programs at IIFT?

The shortlisting process for the MBA (IB) and MBA (BA) programs includes various components like CAT 2023 scores, the Written Ability Test (WAT), group discussions, extempore speaking, personal interviews, and other parameters.

Is having a valid CAT 2023 score mandatory for applying to IIFT's MBA (IB) and MBA (BA) programs for AY 2024–25?

Yes, it is mandatory for all aspiring candidates to possess a valid CAT 2023 score if they wish to apply for admission to IIFT's MBA (IB) and MBA (BA) programs for the Academic Year 2024–25.

When does the registration process for CAT 2023 begin and end?

The registration process for CAT 2023 started on August 2, 2023, and the last date for registration is September 13, 2023.

When can prospective students expect the application forms for IIFT's MBA (IB) and MBA (BA) programs for AY 2024–25 to be available?

Application forms for IIFT's MBA (IB) and MBA (BA) programs for the Academic Year 2024–25 are expected to be available on the IIFT website by the end of September 2023.
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