Basic criteria about IIFT Entrance Exam 1

The Indian Institute of Foreign Trade, in short IIFT, is an autonomous university which was established in the year 1963 to enforce professional structure on the foreign trade management of India and escalate country's export. It was founded by Ministry of Commerce and Industry (Govt. of India). Its flagship course is MBA (Master of Business Administration) in International Business. The number of seats all over India is only 220, which makes it a tough call.

Eligibility

With IIFT 2014 entrance exam being declared and the application process is about to begin, it is high time to acquaint yourself with the eligibility criteria. To be eligible for IIFT, you are required to have these prerequisites as per Indian Institute of Foreign Trade:

• The applicants should have a Bachelor's degree of at least 3 years duration from any recognized university in any subject/discipline.
• The applicants who are appearing for final year exams are also eligible if they can submit valid proof of required qualifications by early October of the same year, before the course begin.
• There is no age limit to apply for IIFT.

Apart from the criteria, good academic records, extracurricular activities or work experience will be an added advantage, although there are no such criteria written or has been made mandatory. If you are a fresher, you still hold fair chances of cracking the exam. There are no cut off graduation marks required to apply for IIFT.

Test Duration & Pattern

Like any other competitive exam, IIFT also adheres to fixed pattern and time duration.

• There will be 4 major sections with sub sections
• You will be provided 4 options for each question
• 1/3rd marks for every wrong answer will be deducted as negative marking
• Marks per question will vary.
• Total number of questions varies every year (128-150 approx.)
• Overall cut off marks expected to be 50-52
• The exam will be held for 2 hours.

Exam Format

The IIFT entrance exam will be a paper pencil based, multiple choice question format. The language of the test is English. The 4 major sections are:

• Quantitative Analysis
• Reasoning
• General Knowledge and Awareness
• English Comprehension

It has two other sub sections namely Data Interpretation and Verbal Ability.

Applicants must have thorough knowledge of all these subjects and must have been updating current affairs regularly.

It is not necessary that the previous pattern will be followed this year also. The way of marking also varies from year to year. The cut off marks will based upon the difficulty level, number of applicants, total question and marks.

Important Dates

• The last date for receiving prospectus via post is 20th August, 2014
• The Last date for getting prospectus over the counter at IIFT is 3rd September, 2014
• The last date for acceptance of applications is 3rd September, 2014
• Last date for receiving receipt of applications and prospectus for NRIs/ Children of NRIs/Foreign Nationals is 16th Feb, 2015.
• The date and time for written examination is 23rd November, 2014 from 10 AM to 12 PM.