The Indian Institute of Foreign Trade (IIFT) is renowned for its flagship MBA (International Business) program, attracting aspirants from across the country. While IIFT does not have a campus in Bangalore, prospective students often seek information about its fee structure to make informed decisions. This article provides a comprehensive overview of the IIFT fee structure for its existing campuses, including Delhi and Kolkata, ensuring clarity for applicants considering their educational investment.
The MBA (IB) program is IIFT’s most sought-after course, designed to equip students with the skills necessary for global business environments. The fee structure varies slightly between the Delhi and Kolkata campuses.
Delhi | ₹21.82 lakhs | Tuition, Library, Internet, Medical Insurance, Hostel (Double Occupancy), Boarding, Student Activities, Alumni Charges |
Kolkata | ₹21.32 lakhs | Tuition, Library, Internet, Medical Insurance, Hostel (Double Occupancy), Boarding, Student Activities, Alumni Charges |
IIFT offers financial assistance to eligible candidates, ensuring that deserving students can pursue their education without undue financial strain.
For working professionals seeking to advance their education without disrupting their careers, IIFT offers an MBA (IB) weekend program with a distinct fee structure.
Weekend Program | ₹8,75,000 | Tuition, Library, Internet, Medical Insurance, Hostel (if applicable), Boarding, Student Activities, Alumni Charges |
Understanding the fee differences between campuses can aid candidates in making informed choices based on their financial planning.
MBA/PGDM | ₹21.82 lakhs | ₹21.32 lakhs |
M.A. | ₹3.5 lakhs | N/A |
Certificate | ₹75,000 - ₹1.4 lakhs | N/A |
Executive MBA/PGDM | ₹4.45 - ₹4.85 lakhs | N/A |
Ph.D. | ₹2.5 lakhs | N/A |
The above table highlights the primary fee components for IIFT Delhi and Kolkata campuses. Additional fees, such as admission and examination fees, are included in the total fee structure and do not vary significantly between campuses.
While the primary fee structure covers most academic and accommodation costs, students should account for the following additional expenses:
Q: What is the fee structure for IIFT MBA (IB) programs?
The total fee for the IIFT MBA (IB) program varies by campus. For the Delhi campus, it is approximately ₹21.82 lakhs, and for the Kolkata campus, it is about ₹21.32 lakhs. These fees include tuition, library, internet, medical insurance, hostel charges on a double occupancy basis, boarding charges, student activities, and alumni charges.
Q: Are there any concessions in fees for reserved categories?
Yes, candidates from SC/ST/PwD categories receive a 50% relaxation in tuition fees only.
Q: What is the fee structure for the IIFT MBA (IB) weekend program?
The total fee for the IIFT MBA (IB) weekend program is ₹8,75,000, which includes tuition, library, internet, medical insurance, hostel (if applicable), boarding, student activities, and alumni charges.
Q: Does IIFT offer scholarships or financial aid?
Yes, IIFT provides merit-based scholarships, need-based assistance, and fee concessions for reserved categories to support eligible students.
Q: What are the payment options for IIFT fees?
IIFT typically allows fee payments in installments. Specific payment schedules and options can be obtained from the institute’s admissions office.
Q: Are there any additional costs not covered in the fee structure?
Yes, personal expenses, transportation, books and supplies, and miscellaneous fees are additional costs that students should consider.
Q: How can I apply for fee concessions or scholarships at IIFT?
Eligibility for fee concessions or scholarships is usually determined during the admission process. Applicants should provide necessary documentation to avail of these benefits.
Q: Is there a difference in fees between full-time and executive programs?
Yes, fees differ based on the program type. For instance, the Executive MBA/PGDM program at IIFT Delhi ranges from ₹4.45 lakhs to ₹4.85 lakhs.
Q: What is included in the hostel charges at IIFT campuses?
Hostel charges typically cover accommodation on a double occupancy basis, boarding (meals), and access to hostel facilities.
Q: Can international students avail of the same fee structure as domestic students?
Fee structures for international students may differ. It is advisable to consult the specific campus’s admissions office for detailed information
This comprehensive guide aims to provide clarity on the IIFT fee structures across its campuses, enabling prospective students to make informed decisions about their educational investments.
Course Name | Apply Now | Fees | Short Eligibility |
B.Sc. (Bachelor of Science) | ₹1,70,000 - 2,30,000 | Higher secondary education (10+2) or equivalent, studied Physics, Chemistry, and Mathematics/Biology/Computer Science, minimum percentage requirement. | |
Diploma | ₹50,000 - 1,75,000 | 10+2 education from a recognized board or equivalent, minimum aggregate score of 50% | |
Post Graduate Diploma | ₹95,000 - 2,00,000 | Bachelor's degree in any discipline from a recognized university | |
M.F.M. (Master of Fashion Management) | ₹2,50,000 | Bachelor's degree in any discipline from a recognized university |
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