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Questions Asked On IIFT Delhi, New Delhi
What is the procedure of the wait-list movement for IIFT Kolkata selected students to get into IIFT Delhi?
If you are waitlisted for IIFT Delhi, you will need to pay a certain fee to reserve your seat. You will move up the list, as the students ranked higher than you opt-out.
So, to simplify, there are students who got selected for IIFT Delhi, students who are selected for IIFT Kolkata, and students who are waitlisted. As a student who got admission to IIFT Delhi opts out, the first student is the list of students admitted to IIFT Kolkata moves to the Delhi list, and consequently the first students on the waiting list get into the IIFT Kolkata list.
The waitlist starts moving after reputed B-School such as IIM ABCL, XLRI, FMS, JBIMS announces their results.
Which is better XLRI or IIFT?
| Factors | XLRI | IIFT |
| Established | 1963 | 1949 |
| BT Ranking | 9 | 3 |
| NIRF Ranking 2022 | 24 | 8 |
| Specialization | MBA IB | PGDM, PGDM HRM |
| Exam Accepted | IIFT Test | XAT/GMAT |
| Test Cutoff | IIFT Score: 48.5 | XAT: 96 |
| Full-Time Faculty | 41 | 82 |
| Average Salary 2022 | 25 LPA | 32 LPA |
You must take your time, look at each and every possible aspect of both colleges and decide what suits best for your future prospects. You should not blindly follow people’s opinions, rather do what you think is good for you.
Do you know anyone who got into a top b-school (IIMs, XLRI, JBIMS, NM, IIFT, FMS etc.) with average UG percentage?
Yes, I do know a friend who managed to get calls from many top B Schools despite having an average Undergraduate Score. Her profile looked like this
- 10th- 76%
- 12th- 68%
- UG- 64%
Although her marks witnessed a gradual decline, she was lucky enough to study at XLRI. Past academics are considered as one but not the major factors at XLRI, unlike IIMs that focus a lot on past academics. A good XAT and GD-PI score can compensate for your poor academic record at XLRI, FMS, and JBIMS. NITIE is a top B School that does not consider past academics at all. My friend with her average profile managed to convert NITIE, XIMB, and all the IIMs except for the top ones obviously. So we can safely assume that admission into these top B Schools is possible even with an average profile provided that you score excellently in the CAT or XAT and the GDPI round.
Which one is better: IIFT Delhi, JBIMS or SP Jain (Marketing) if I was looking for good placements and brand and I have converted all three?
To choose a college that is perfect for you, one needs to ponder various questions repeatedly. These questions will help you get a clear idea about what you want from MBA and which college will help you achieve that.
- Which area do you want to specialize in?
- Are you included towards functional level clarity (Operations, Finance, Marketing, Tech) or granular level clarity (FMCG marketing/Digital e-commerce marketing/Sales or Product Management/Project Management or General Management)
If the answer to it is yes, then analyze the reports of these institutes to find where each one of them stands. Looking at average CTC is not the right way and is in fact misleading.
Other things you should consider before choosing a B School are
- The admission procedure and the level of difficulty of entrance exams if these colleges
- The practicality and relevance of the curriculum as per the recent industrial trends
- The profiles of your batchmates and their diversity The size and brand of the alumni base and the opportunities you will be availing through them
- The importance of overall personality grooming
One thing you should keep in mind is that brands are just a stepping stone in your career journey and not the main factor. These institutes have been able to establish the brand name mainly because of where their alumni have reached now. So brands are helpful in the short run only.
How are the hostels at IIFT Delhi and Kolkata?
IIFT Delhi and Kolkata campus offers good hostel facilities. The Delhi campus has three hostels - C9, Old hostel, and new hostel. The rooms are 2 or 3 sharing. Students are provided with mess facilities. IIFT Delhi hostel fees are around INR 45k-54k.
IIFT Kolkata offers hostel facilities as well. The rooms are spacious and have basic amenities. IIFT Kolkata hostel fees are around INR 50k.
How do I get a package of 30 lakhs in the field of marketing, post MBA from IIMA/B/C, FMS, MDI, SPJIMR, and IIFT?
While many may shed their philosophies on how getting a high package should not be your ultimate goal and stuff, I am here with a different opinion. When you are investing a huge amount of money it is only right to expect a greater monetary benefit and a better lifestyle. So I have mentioned some techniques that will help you land a package of 30 LPA specifically in the field of marketing post-MBA from IIM ABC, FMS, MDI, SPJIMR, and IIFT.
- The first thing you need to do is lower your expectations as no marketing placements offer a package higher than 25 LPA. These highest offers are made by top firms like Reckitt Benckiser, HUL, P&G, and Asian Paints.
- You need to figure out what you really are after, a good marketing role or a high-paying job. If you are after the latter I suggest you go for big consulting firms like Mc Kinsey, BCG, or investment banks that offer 30+ LPA.
- But if it is the marketing role you are after, then make sure your resume reflects your marketing enthusiasm. This will further increase your chances of selection.
- Performing well in the competitions conducted by your desired company is another way to get a high-paying job.
- If the Final Placements are your last resort then make sure you have a stable and excellent CGPA. Many companies consider this factor while shortlisting.
These points will help you get your dream job but cannot necessarily guarantee it. It all ultimately depends on your efforts and obviously your luck.
How good is IIFT as a college is when compared to IIMs, FMS, SPJIMR, and MDI?
IIFT was established in 1963 by the Government of India as an autonomous organization to professionalize the country’s foreign trade management and increase exports by developing human resources, analyzing and disseminating data, and conducting research. Among the top 10 business schools, it is the only B-school in India that offers an International Business program. This institute is also known as the Mecca for trade.
The major pros and cons of the institute have been entailed below
Pros
- It is one of the best B-Schools in the country and one of the finest in Asia if you want to pursue a career in Trade. As per NIRF Ranking 2018, the Institute has been ranked as number 23.
- Highly recognized organizations like WTO, OECD, World Trade Centre & European Union come to India for recruitment and visit only IIFT.
- The batch size is very small thereby rendering unlimited opportunities to its students. It is literally the Mecca for Finance.
- IIFT Delhi has been winning the CFA Equity Research challenge nationally for 2 out of the last 3 years.
Cons
- IIFT Delhi campus is very small, around 6.5 acres. Rooms are triple occupancy in the 1st year and double in the 2nd.
- Big names in consulting like McKinsey, BCG, and AT Kearney, are yet to visit the IIFT Delhi campus.
How can I arrange the following according to an MBA/PGDM: NMIMS, Mumbai, SBIM, Pune, IIFT, Delhi, Great Lakes, Chennai, SPJIMR, Mumbai and JBIMS, Mumbai?
I have given the preference order of the above-mentioned B Schools. However please remember this is based on my personal opinions and not any official figures
1st: NMIMS is one of the best schools in Mumbai with fewer fees and great specialization in Finance. Its distinguishing feature is its small batch size which is extremely beneficial for excellent placements. The companies that visit offer the best roles to their students mainly because of their credibility and strong alumni network.
2nd: SPJIMR too is located in Mumbai and is the second-best School after JBMINS. Its students intake is very good due to the strict selection process. The placements are at par with JBIMS but the fees are a bit higher. It's ranked in the top 3 in Operation and IT specialization in India.
3rd: One of the oldest institutes for MBA, IIFT is a good choice owing to its strong brand name and small batch size.
4th: SIBM Pune is a blend of everything; a Good campus, good corporate competition, hostel life, good infrastructure, faculty, and placement. It gives you an amazing MBA experience l.
5th: NMIMS Mumbai is great for MBA and is at par with SIBM. But I have ranked it the last owing to its high fees and larger batch size that requires a lot of competition during placements.
So the ranking is
NMIMS>SPJIMR>IIFT>SIBM Pune>NMIMS Mumbai
Which is a better college between IIFT/SP Jain/XLRI and FMS in terms of placements and students?
IIFT, SP Jain, XLRI, and FMS all four institutes are reputed and counted among the top B-Schools in India. For these institutes, your preference order should be as follows.
FMS>IIFT>XLRI>SP Jain
This ranking is based on different parameters such as academics, placements, ranking, faculties, student crowd, etc. FMS offers the best ROI. According to the recent placement highlights, the average CTC for the institute is INR 32.4 LPA. While FMS Delhi fees are around INR 1.92 Lakhs.
Which is better, IIFT Delhi, IIFT Kolkata, or IIFT Kakinada?
Among all the campuses, IIFT Delhi is the best option. The Delhi campus is the oldest and offers better facilities. In terms of academics and placements, there is no such difference between different IIFT campuses. Students from all three campuses get equal opportunities. But, due to the location advantage of the Delhi campus, it's easier to get placements, internships, and projects. During IIFT Delhi placements 2022, the median CTC offered was INR 24 LPA. Major MNCs like Accenture, Deloitte, Raymond, TCS, etc. visit the IIFT placements.
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