How good is IIFT (Indian Institute of Foreign Trade) as compared to IIMs, XLRI, and FMS, in regards to faculty, placements, location, students, alumni, etc.?

Considering all factors like faculty, placements, location, students, alumni, etc. IIFT is a good option for pursuing an MBA. For International Business, it is the best among all the institutes mentioned here. 

IIFT offers decent academics. For the MBA in International business, the first year is common for all students. After the summer semester, students can choose their specializations. You can choose Trade, Finance or Marketing. 

IIFT has a great placement record. In 2021, IIFT Delhi placements had an average CTC of INR 25.16 LPA. While IIFT Kolkata average package for 2022 was INR 20 LPA. 

IIFT is counted among the top B-Schools in India. It has a great reputation in the industry. Especially in sectors like international trade, it has many alumni in top positions. 

Academics: IIFT offers MBA degrees in International Business. You can major in Finance, Trade, or Marketing. There is an option to do a dual major. You will also have the option to do a minor in operation as well. First-year is common for all students and after finishing your summer internship, you will get to choose your major. Choosing a major entirely depends on the students and not on marks. 

Faculty:  For Finance and Trade, IIFT campuses have one of the best faculty bases. 

Placements: IIFT campuses have amazing placement records. Students from both campuses get equal shots at all the recruiting companies. During the 2022 placement drive, the average CTC offered was 34.3 LPA. 

Location: IIFT has two campuses, one in Delhi and one in Kolkata. Since Delhi NCR houses many big corporate houses. You will have access to good job opportunities. 

Student Crowd: The student crowd at IIFT campuses is diverse. You will get to meet people from various backgrounds. Although the majority of students have an engineering background. Also, most students are usually freshers. 

Alumni: Some notable IIFT alumni are as follows. 

• Manu Sawhney - An independent Director and Member of the Audit Committee of Manchester United plc.
• S.K Roongta - Former Chairman of Steel Authority of India Ltd.
• Rashesh Shah - Chairman at Edelweiss Capital

For the International Business specialization, IIFT is best in the industry. In general, IIFT is better than the new IIMs and considered at par with IIMs like Indore, and Kozhikode. But IIIM A,B,C, XLRI, FMS have more recognition in the industry. 

IIFT, IIMs, XLRI, and FMS all these institutes are among the most reputed institutes in India for management. Here are some of the facts that you need to know about these institutes.

IIFT:
Indian Institute of Foreign Trade has been accredited “A” grade by NAAC and ranks as the 26th best University for MBA in India according to NIRF rankings. It has campuses in Delhi, Kolkata, and Kakinada.

• It offers a 2 year MBA program in International Trade along with a number of other PG, Certificate, and Diploma courses.

• IIFT also provides an impressive placement record with over 70% of their students getting placed within the first year of graduation.

IIMs:
Indian Institute of Management Studies (IIMs) are considered as one of the premium institutes of management studies in India. IIM Ahmedabad has been ranked as the 1 college for Management studies in India.
 

• It is famous for its 2 year MBA program. Admissions are based on CAT scores, interviews, and group discussions.

• The placements are very high as almost all students get placed in top companies and brands of India including International Companies. The top-paying package was 70 LPA in last year’s placement.

XLRI:
Xavier’s School of Management (XLRI) is a private university and has been ranked as the top private university for Management by NIRF rankings.
 

• It offers a 15 month as well as 2 years course in Management Studies. Admissions are based on XAT tests which are accompanied by group discussions and interviews.

• It is known for providing 100% placements to its students with over 104 companies participating in their campus recruitment drive.

• The median package was 21LPA while the highest was 48 LPA in the private sector.

FMS:
Faculty of Management Studies (FMS) is part of Delhi University and is regarded as the country’s one of the best management schools. Its 2 year MBA program has been ranked 6th best in India by Business Today and 9th best by The Week.

• MBA admissions are based on CAT.

• This institute is also famous for its 100% placement records.

• The highest domestic package was 68 LPA with over 70% of students getting a package of more than 20 LPA in the last placement drive.

However, considering the factors like location, faculties, placements, students, alumni IIFT is quite good.