IIFT Kakinada - Indian Institute of Foreign Trade Answered Questions

To be eligible for admission to MBA (IB) courses at IIFT Kakinada, candidates must clear the minimum sectional IIFT cut offs. The cut offs for MBA-International Business admission differ by category. For example, the IIFT 2022 cut off for General category candidates was 52.75, but for SC/ST candidates, it was 42.75. To apply for the MBA programme at IIFT Kakinada, you must have passed Graduation with at least 55% marks and must have a valid score in the IIFT entrance exam. Candidates who clear the IIFT 2024 Cut Off will be shortlisted for the final selection round: PI and Extempore. In 2023, the IIFT Cut Off for MBA-IB were lower than in 2022. For general category candidates, it was 40 percentile, and for NC-OBC and Gen-EWS, it was 35 percentile.

The Indian Institute of Foreign Trade (IIFT) in Kakinada charges INR 4 lakhs per year for the first three years of the IPM program. The fourth and fifth years of the program are charged at the prevailing MBA in International Business Program fees.  The hostel rent at IIFT is INR 53,400 per year for triple occupancy and INR 57,000 per year for double occupancy.  IIFT is a national university that focuses on trade, economics, and international business. In 2020, IIFT was ranked among the top 15 best B-schools in five major national rankings.  In the 2021-2022 placement season, IIFT Kakinada had a 100% placement record. The average salary package was INR 29.1 LPA, and the highest salary package was INR 85.4 LPA. 

Here's some information about the Bachelor of Business Administration (BBA) course:Demand: The BBA course is one of the most sought-after courses among Indian youth.Placement: BBA graduates can get high-paying jobs in educational institutes, marketing organizations, financial institutes, and business consultancies.Skills: The BBA course focuses on enhancing students' communication, decision-making, and managing skills. 

The Indian Institute of Foreign Trade (IIFT) in Kakinada is a good institution for students interested in international business. The campus is in a pollution-free beach city and has a well-stocked library and experienced faculty. ShikshaHere are some other things to know about IIFT Kakinada:Curriculum: IIFT has a rigorous curriculum with 1,460 hours of coursework, presentations, quizzes, and assignments.Campus life: IIFT celebrates all festivals with energy and enthusiasm.Accessibility: The campus has a wheelchair accessible parking lot.Faculty: The programme director and center head facilitate ideas from students.Placements: In 2023, IIFT had 108 companies, with an average CTC of INR 29.10 Lacs per annum and a median CTC of INR 26.5 Lacs per annum.  

According to MBA Universe, the IIFT MBA (IB) fee is lower than the fees charged by other top B-schools, but the placements are similar. In 2021-2022, IIFT Kakinada had a 100% placement record, with an average salary package of INR 29.1 LPA and a the highest salary package of INR 85.4 LPA. 

The Indian Institute of Foreign Trade (IIFT) in Kakinada offers a variety of amenities to students, including:Hostel accommodationsModern classrooms with the latest technologiesSports equipmentScholarship schemes IIFT is also known for its rigorous curriculum and pedagogy. The curriculum includes 1,460 hours of coursework, regular presentations, quizzes, and assignments. Career GuideIIFT also offers an international counterpart for each major domain subject. For example, students are taught international marketing and international financial management, in addition to marketing and finance. IIFT has also been recognised as a top research center for WTO and other related issues. Over time, IIFT has evolved from a foreign trade center into a full-fledged business school. 

The overall and batch-wise average package offered during IIFT Kakinada MBA IB placements 2023 are presented below:ParticularsMBA IB Placement Statistics (2023)Overall average packageINR 29.1 LPATop 50% average packageINR 37 LPATop 25% average packageINR 46.5 LPATop 10% average packageINR 62.6 LPAFurther, an improving trend was witnessed in the overall average package offered over the past three years during IIFT Kakinada MBA IB placements, which is presented below:CourseAverage Package (2021)Average Package (2022)Average Package (2023)MBA IBINR 21.08 LPAINR 25.16 LPAINR 29.1 LPA

Refer the below-mentioned table for IIFT Kakinada MBA placement statistics 2023 as compared with the other top MBA institutes placement statistics:Institute NameMBA the highest Package (2023)MBA Average Package (2023)IIFT KakinadaDomestic: INR 76.5 LPAInternational: 85.4 LPAINR 29.1 LPAFMS DelhiINR 123 LPAINR 34.1 LPAMDI GurgaonINR 60 LPAINR 27.67 LPAFMS3 JamshedpurDomestic: INR 78.2 LPAInternational: INR 110 LPAINR 32.7 LPA

BFSI sector emerged as the top recruiting sector that placed 23% of the total students during IIFT Kakinada MBA IB summer placements for the batch of 2022-24. The sector-wise placement distribution recorded during IIFT Kakinada MBA IB summer placements for the batch of 2022-24 is presented below:  SectorsMBA IB Summer Placement Distribution (2022-24 Batch)BFSI23%FMCG/FMCD/ Retail20%Professional Services15%Energy/ Industrial/ Materials15%Information Technology11%Pharma & Healthcare5%E-commerce & Telecom5%Automobile4%Transportation/ Logistics/ Trade2%

The highest domestic and international package offered during IIFT Kakinada MBA IB placements 2023 stood at INR 76.5 LPA and INR 85.4 LPA, respectively. Further, an improving trend was witnessed in the highest package offered over the past three years during IIFT Kakinada MBA IB placements, which is presented below:ParticularsMBA IB Placement Statistics (2021)MBA IB Placement Statistics (2022)MBA IB Placement Statistics (2023)the highest domestic packageINR 46.45 LPAINR 46.5 LPAINR 76.5 LPAthe highest international packageNAINR 80 LPAINR 85.4 LPA