MFT Admission 2023 is based on candidates' performance in a relevant entrance test, followed by a subsequent round of counseling. The round of counseling consists of two additional rounds i.e., Group Discussion and Personal Interview round, wherein the candidate’s general aptitude for the course is examined.
Some institutes conduct their own entrance exams for offering MFT Admission. The admission process generally varies across colleges or universities. Candidates are required to hold a Graduation degree in any stream, from a recognized university. An aspirant should have a minimum aggregate score of 50% (45% for SC/ST/OBC candidates) at graduation level.
Master of Foreign Trade is a postgraduate course in Foreign Trade Management. Executive Management covers foreign trade or international trade, which is also known as the Import-Export domain in India. It generally represents a significant share of gross domestic product (GDP). It is the export of all goods and services to foreign countries and it is the import of all goods and services to the home country.
Table of Content
3.1 Step-Wise Guide
MFT Admission 2023: Entrance Exams Schedule
Enrollment in the Master of Foreign Trade course necessitates qualifying for the entrance examination conducted by different institutes located all over the country. To name a few of the entrance examinations conducted for MFT course in India here is a list:
Here’s a detailed timeline of the admission processes and guidelines regarding programs in 2023:
| Entrance Exam | Registration Date | Exam Date |
|---|---|---|
| CAT | August 3 – September 21, 2022 | November 27, 2022 |
| MAT (February Session) | December 27 – February 14, 2023 (PBT Mode) December 27 – February 21, 2023 (CBT Mode) December 27 – February 27, 2023 (CBT Mode) |
February 19, 2023 (PBT Mode) February 26, 2023 (CBT Mode) March 04, 2023 (CBT Mode) |
| CMAT | December 26 – February 25, 2023 | March 26, 2023 |
| XAT | August 10 – December 12, 2022 | January 08, 2023 |
| GMAT | Throughout the year | Throughout the year |
| IIFT | October 01 – November 14, 2022 | December 11, 2022 |
MFT Admission 2023: Top Colleges
Tabulated below are the lists of top Master of Foreign Trade colleges and universities in India where application to MFT course in 2023 are still ongoing:
Followings are some of the top Master of Foreign Trade colleges and universities in India.
| FPM College | Selection Process | Application Dates |
|---|---|---|
| India Institute of Foreign Trade, New Delhi | GD and PI | Check Here! |
| KJ Somaiya Institute of Management Studies and Research, Mumbai | GD and Counseling | Check Here! |
| Symbiosis Institute of Management Studies, Pune | Personal Interview | Check Here! |
| FORE School of Management, New Delhi | Personal Interview | Check Here! |
| Loyola Institute of Business Administration, Chennai | Personal Interview | Check Here! |
| Birla Institute of Management Technology, Greater Noida | Interview & WAT | Check Here! |
| CMS Business School, Jain University, Bangalore | Personal Interview | Check Here! |
| Indian Institute of Foreign Trade, Kolkata | Personal Interview | Check Here! |
MFT Admission Process 2023
Followings are the steps to be followed while applying for an MFT program:
- Fill up the complete registration form after reading it very carefully.
- To get a preference in a leading MFT college or University, please obtain a higher score in the entrance tests conducted for MFT.
- Fill in the required details for the Personal Interview round.
- After getting shortlisted, register for the final admission round.
MFT Admission 2023: Step-by-Step Guide
Before appearing for any entrance test or admission round, please read the eligibility criteria for the course very carefully.
- The minimum criteria for maximum MFT colleges are 50% in bachelor's degree from a recognized university with a good score in entrance tests.
- Before taking admission, decide your specialization carefully. Check out the details of all kinds of fees demanded by any MFT college or university.
- Do check the list of top-ranked MFT colleges, institutes, or universities in the country.
- For candidates' better experience and understanding, they can go through the previous record, and placement data of the MFT institute.
- Fill the application form very carefully and upload the required documents in the prescribed format.
- Pay the registration fee and download a copy of the form for future reference.
- Appear for the entrance exam, once the result is announced candidates will be called for counseling sessions.
- Accept the offer and pay the fees.
MFT Admission Tips 2023
Here some preparation tips are mentioned to crack the entrance exam for MFT Admission:-
- Study regularly and try to maintain your timetable according to the subjects.
- Follow a daily routine for better preparation for aptitude tests.
- Check out the interviews of professionals for a better understanding of PI.
- Keep an eye on the cut-offs for different institutes for MFT.
- Go through the previous year's exam paper for the entrance test.
- Attempt mock tests and analyze your performance.
MFT Admission 2023: FAQs
Ques. How should one prepare for the IIFT?
Ans. IIFT is one of the most aimed at and applied for MBA entrance exams in recent times. It opens doors to many top Institutes like IIFT Delhi and IIFT Kolkata, which are considered to be amongst the top B-schools in the country.
Ques. Are MFT Entrance exams tough?
Ans. Yes, competitive exams such as CAT, GMAT, XAT, MAT etc., are tough. It is because Lakhs of people apply for the entrance exams and hence the admission process is long enough and tough too so that only deserving and hard-working candidates are admitted.
Ques. Is any college good to do an MFT?
Ans. All colleges are not the same to pursue an MFT Program. Each college has its advantages or disadvantages. Students are advised to check the rankings, fee structures and eligibility criteria before taking admission in a college.
Ques. What is the process of MFT admission?
Ans. MFT Admission process varies from college to college. Mostly it includes Entrance Exam, Written Ability Test (WAT), Group Discussion (GD), and Personal Interview (PI). Many colleges ask for work experience and also consider 10th and 12th marks for the final selection.
Ques. How difficult is the IIFT entrance test as compared to CAT?
Ans. Both the exams are very similar to each other and one cannot easily differentiate between the difficulties levels of both the exams. Preparation for CAT will easily prepare you for the IIFT entrance examination. The only difference between them is in the pattern of the exam. The one more difference is that IIFT requires a timing strategy as there are individual cut-offs for different sections and one cannot afford to score high in one section and low in the other section.
Ques. Which colleges are best for MFT placements?
Ans. Indian Institute of Foreign Trade, Symbiosis Institute of Management Studies, FORE School of Management is considered as some of the best institutes in placement.
Ques. Mention some of the roles that one can be offered after completing a course in MFT?
Ans. A foreign trade student can work as follows: Foreign Trade Manager, Export Manager, Relationship Manager, Business Development Manager, Foreign Trade Analyst, Foreign Trade and Purchasing Specialist, Supply Chain Manager, Business Development Manager, Market Research Executive, Global Trade Manager, Customs & Global Trade Automation Manager etc.
Ques. What was last year's cut-off for the IIFT for Master of Foreign Trade?
Ans. Last year's cut-off for the IIFT for Master of Foreign Trade was 95.
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