When it comes to IIFT vs IIM, both institutions have their own brand value and ROI in the form of high-paying jobs and managerial positions. However, in terms of specialisation choices, IIMs are better.
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IIFT vs IIM: IIMs offer many more courses than IIFTs across various levels. As for IIFTs, the International Business course is known to have been a better specialisation for IIFTs than IIMs.
IIFT stands for Indian Institute of Foreign Trade, one of the central civil service training institutes for Group 'A' staff members, where the Indian Trade Service is a fortified cadre.
IIM stands for Indian Institute of Management, which is an educational and research organisation specialising in business administration courses.
IIFT vs IIM: Key Highlights
Both the institutes are top management institutes, and MBA students can ultimately gain different benefits depending on what they intend to accomplish, depending upon their skill set and interests.
The key highlights of IIFT vs IIM are mentioned below:
| Particulars | IIFT | IIM |
| Full-Form | Indian Institute of Foreign Trade | Indian Institutes of Management |
| Minimum Eligibility | 45 - 50 % in undergraduate course | 50 % in undergraduate course |
| Admission Basis | Entrance-Exam | |
| Entrance Exam | IIFT/GMAT | CAT |
| Total Campuses | 4 | 20 |
| Focus-Domain | International Business | Business Administration |
| Level of Courses Offered | Postgraduate, Research, Diploma, Certificate | Undergraduate, Postgraduate, Research, Diploma, Certificate |
Also Check: IIM Vs IIT
IIFT vs IIM: Overview
IIFT was founded in 1963 as an autonomous institute under the Ministry of Commerce and Industry to promote skill development for the Indian external trade industry. IIFT has been recognized as an A-rated institution by the NAAC.
International Business Management and Strategy has become a significant focus of the IIFT over the years, as reflected in its research, training and education programs.
The IIMs are management education and research institutions, offering undergraduate, postgraduate, doctoral, and executive programs and some additional business courses.
In addition to undergraduate and postgraduate programs, the IIMs offer doctoral and executive education. The IIMs are considered one of the best B-schools across the globe.
Also Check: IIM Courses After 12th
IIFT vs IIM: Campuses
Both IIFT and IIM institutes have campuses throughout the country. The following list illustrates the campuses of IIFT vs IIM:
IIFT Campuses
A total of three IIFT campuses are located across the country, and one is located in East Africa. These campuses are listed below:
- IIFT Delhi
- IIFT Kolkata
- IIFT Kakinada
- IIFT Dar-es-Salaam (Tanzania)
IIM Campuses
20 IIM campuses are located in different parts of the country. Listed here are these campuses:
- IIM Calcutta
- IIM Ahmedabad
- IIM Lucknow
- IIM Kozhikode
- IIM Indore
- IIM Udaipur
- IIM Bangalore
- IIM Shillong
- IIM Jammu
- IIM Tiruchirappalli
- IIM Kashipur
- IIM Raipur
- IIM Ranchi
- IIM Rohtak
- IIM Sambalpur
- IIM Visakhapatnam
- IIM Nagpur
- IIM Amritsar
- IIM Bodh Gaya
- IIM Sirmaur
Also Check: Why MBA from IIM is so special?
IIFT vs IIM: Eligibility Criteria
Admission to either of the institutes is subject to several minimum requirements. IIFT vs IIM eligibility requirements are as follows:
IIFT Eligibility Criteria
IIFTs require the following prerequisites for admission:
- Unreserved category candidates must graduate from a recognized university with a minimum of 50%.
- A minimum of 45% is required for reserved categories, such as ST/SC/PWD.
- For foreign applicants, a valid GMAT is required.
- No upper limit is specified for Indian candidates for admission.
IIM Eligibility Criteria
IIMs require the following prerequisites for admission:
- 50% aggregate in undergraduation scores or equivalent CGPA.
- Applicants in their final year of graduate school may also apply provided they have at least 50%.
- A valid score in the CAT examination.
Also Check: How to Get into an IIM?
IIFT vs IIM: Admission Process
Both institutes follow a particular admission procedure to ensure a smooth admission process. Listed below are the admission criteria for IIFT vs IIM:
IIFT Admission Process
IIFT admission and selection consists of four steps:
- The National Testing Agency will conduct a computer-based test for admission to Global MBA programs.
- A Writing Ability Test is conducted to measure the candidate's writing abilities and subject knowledge.
- For the round of Group Discussion, a shortlist of students based on their test scores is generated.
- Personal Interviews will be conducted with a distinct focus on goals, achievements, knowledge and awareness.
In most cases, all abilities tests are given on the same day. However, for IIFT Delhi & IIFT Kolkata, a cumulative weighted score is taken into account depending on the examination rules of the particular year.
Also Check: How to Prepare for IIFT Exam in 3 Months?
IIM Admission Process
IIM admissions and selection are divided into four steps, which are listed below:
- The CAT exam is required.
- Those who qualify for the CAT cutoff are further called for group discussion and personal interviews.
- Candidates' composite scores are determined by specific parameters such as grades in classes 10 and 12, graduation marks and PI scores, and academic and gender diversity.
- Final admission lists will be published following an assessment of the above factors.
Also Check: IIM or ISB
IIFT vs IIM: Entrance Exam
The entrance exams for admission to IIFT and IIM vary. For IIFT, the entrance exam is known by the institute's name, IIFT and is conducted by NTA, National Testing Agency.
Whereas, to enrol in an IIM, a CAT, Common Admission Test, is considered, conducted by TCS, Tata Consultancy Services.
Also Check: Last Minute Tips for IIFT
IIFT vs IIM: Courses Offered
Numerous courses are offered at IIFT and IIM institutes. However, these courses differ. The courses offered by IIFT vs IIM are mentioned below for better understanding:
Courses Offered at IIFT
The courses offered by IIFTs are listed below:
| IIFT Campus | Program(s) offered |
| IIFT Delhi | MBA International Business |
| MBA International Business (Weekend) | |
| Executive Post Graduate Diploma in International Business | |
| Executive Post Graduate Diploma in International Marketing | |
| Executive Post Graduate Diploma in Capital & Financial Markets | |
| Certificate Program in Export Management (On campus) | |
| Certificate Program in Capital and Financial Markets (On Campus) | |
| Certificate Program in Global Trade Logistics and Operations | |
| Ph.D. Program | |
| Executive Post Graduate Diploma in International Business (through VSAT) in 91 cities across India | |
| Executive Post Graduate Diploma Program in International Business Strategy (thru NIIT Imperia Platform) | |
| Post Graduate Certificate Program in Business Management (thru Talentedge) | |
| IIFT Kolkata | MBA International Business |
| MBA International Business (Weekend) | |
| Executive Post Graduate Diploma in International Business | |
| Certificate Program in Export Management (On campus) | |
| Hybrid Certificate Program in Export‐Import Management (CPEIM) | |
| Ph.D. Program at Delhi and Kolkata | |
| IIFT Dar-es-Salaa | MBA International Business |
Also Check: IIFT Registration
Courses Offered at IIM
The courses offered by various IIMs are mentioned below:
| IIM Campus | Program(s) offered |
| IIM Ahmedabad | Post Graduate Program in Management (PGP) |
| Post Graduate Program in Management for Executives (PGPX) / Executive Post Graduate Program in Management (EPGP) | |
| Fellow Program in Management (FPM) | |
| Armed Forces Program in Business Management (AFP) | |
| Post Graduate Program in Food and Agri-business Management (PGP- FABM) | |
| ePost Graduate Program (ePGP) | |
| Faculty Development Program (FDP) | |
| IIM Bangalore | Post Graduate Program in Management (PGP) |
| Post Graduate Program in Management for Executives (PGPX) / Executive Post Graduate Program in Management (EPGP) | |
| Fellow Program in Management (FPM) | |
| Post- Graduate Program in Public Policy and Management (PGPPM) | |
| Post- Graduate Program in Enterprise Management (PGPEM) | |
| IIM Calcutta | Post Graduate Program in Management (PGP) |
| Post Graduate Program in Management for Executives (PGPEX) | |
| Fellow Program in Management (FPM) | |
| PGPEX-VLM (Post Graduate Program for Executives for Visionary Leadership in Manufacturing) | |
| Post Graduate Diploma in Business Analytics (PGDBA) | |
| CEMS MIM: Master’s in International Management | |
| IIM Jammu | Post Graduate Program in Management (PGP) |
| IIM Kozhikode | Post Graduate Program in Management (PGP) |
| Executive Post Graduate Program in Management (EPGP) | |
| Post Graduate Program in Business Leadership (PGP-BL) | |
| Fellow Program in Management (FPM) | |
| Management Development Program | |
| IIM Nagpur | Post Graduate Program in Management (PGP) |
| IIM Ranchi | Post Graduate Diploma in Management (PGDM) |
| Post Graduate Program in Management for Executives (PGEXP) | |
| Fellow Program in Management (FPM) | |
| Post- Graduate Program in Enterprise Management (PGPEM) | |
| Post Graduate Diploma in Human Resource Management(PGDHRM) | |
| Certificate Program in General Management (CPGM) | |
| IIM Sambalpur | Post Graduate Program in Management (PGP) |
| IIM Sirmaur | Post Graduate Program in Management (PGPM) |
| IIM Udaipur | Post Graduate Program in Management (PGP) |
| Post Graduate Program in Management for Executives (PGPX) | |
| Fellow Program in Management (FPM) | |
| MDP for Women Entrepreneurs (MDPWE) | |
| IIM Amritsar | Post Graduate Program in Management (PGP) |
| IIM Bodh Gaya | Post Graduate Diploma in Management (PGDM) |
| IIM Indore | Post Graduate Program in Management (PGP) |
| Executive Post Graduate Program in Management (EPGP) | |
| Fellow Program in Management (FPM) | |
| Integrated Program in Management (IPM) | |
| Post Graduate Program in Management Mumbai (PGP- Mumbai) | |
| Post Graduate Diploma Program in Management for Executives (Modular)-PGPMX- offered in Mumbai | |
| Fellow Program in Management (Industry) | |
| Post Graduate Program in Human Resource Management (PGP-HRM) | |
| IIM Kashipur | Post Graduate Program in Management (PGP) |
| Executive Post Graduate Program in Management (EPGP) | |
| Fellow Program in Management (FPM) | |
| Executive Fellow Program in Management (EFPM) | |
| IIM Lucknow | Post Graduate Program in Management (PGP) |
| Fellow Program in Management (FPM) | |
| Executive Fellow Program in Management (EFPM) | |
| Post Graduate Program in Agri-business Management (PGP- ABM) | |
| Post- Graduate Program in Sustainable Management (PGP- SM) | |
| Post-Graduate Program in Management for Working Executives (WPM) | |
| Management for Executives (IPMX) | |
| IIM Raipur | Post Graduate Program in Management (PGP) |
| Post Graduate Program in Management for Working Executive (PGPWE) | |
| Fellow Program in Management (FPM) | |
| Executive Fellow Program in Management (EFPM) | |
| IIM Shillong | Post Graduate Program in Management (PGP) |
| Post Graduate Program for Executives - Managing Business in India and China (PGPEx- MBIC) | |
| Fellow Program in Management (FPM) | |
| IIM Rohtak | Post Graduate Program in Management (PGPM) |
| Executive Post Graduate Program in Management (EPGP) | |
| Fellow Program in Management (FPM) | |
| IIM Tiruchirappalli | Post Graduate Program in Management (PGPM) |
| Fellow Program in Management (FPM) | |
| Post Graduate Program in Business Management (PGPBM) | |
| IIM Visakhapatnam | Post Graduate Program in Management (PGP) |
| Post Graduate Certificate Program in Business Management for Experienced Professionals |
Also Check: IIM Admission Criteria
IIFT vs IIM: Fee Structure
The fee structure for IIFT and IIM varies significantly, as different courses require a different fee. The fee structure of IIFT vs IIM is mentioned below:
IIFT Fee Structure
Below is the average fee structure for different IIFTs:
| IIFT Campus | Average Fees (INR) | Fee Details |
| IIFT Delhi | 15 lakhs - 17.70 lakhs | IIFT Delhi Fee |
| IIFT Kolkata | 6.80 lakhs - 7.60 lakhs | IIFT Kolkata Fee |
Also Check: IIFT Selection Criteria
IIM Fee Structure
The average fee structure of all IIMs are mentioned below:
| IIM Campus | Average Fees (INR) | Fee Details |
| IIM Ahmedabad | 28,00,000 - 32,00,000 | IIM Ahmedabad Fee |
| IIM Bangalore | 23,50,000 - 24,50,000 | IIM Bangalore Fee |
| IIM Calcutta | 25,00,000 - 27,00,000 | IIM Calcutta Fee |
| IIM Kozhikode | 17,50,000 - 20,50,000 | IIM Kozhikode Fee |
| IIM Lucknow | 14,05,000 - 19,25,000 | IIM Lucknow Fee |
| IIM Udaipur | 13,00,000 - 16,54,000 | IIM Udaipur Fee |
| IIM Raipur | 14,20,000 - 15,84,000 | IIM Raipur Fee |
| IIM Visakhapatnam | 11,00,000 - 15,04,000 | IIM Visakhapatnam Fee |
| IIM Rohtak | 14,00,000 - 15,20,000 | IIM Rohtak Fee |
| IIM Sambalpur | 10,50,000 - 13,00,000 | IIM Sambalpur Fee |
| IIM Tiruchirappalli | 11,80,000 - 14,00,000 | IIM Tiruchirappalli Fee |
| IIM Ranchi | 10,10,000 - 15,30,000 | IIM Ranchi Fee |
| IIM Sirmaur | 10,34,000 - 12,50,000 | IIM Sirmaur Fee |
| IIM Bodh Gaya | 10,50,000 - 15,55,000 | IIM Bodh Gaya Fee |
| IIM Jammu | 8,52,000 - 13,80,000 | IIM Jammu Fee |
| IIM Amritsar | 10,50,000 - 13,20,000 | IIM Amritsar Fee |
| IIM Kashipur | 12,00,000 - 15,42,000 | IIM Kashipur Fee |
| IIM Shillong | 14,37,500 - 14,60,000 | IIM Shillong Fee |
| IIM Indore | 16,00,000 - 21,17,000 | IIM Indore Fee |
| IIM Nagpur | 13,75,000 - 18,00,000 | IIM Nagpur Fee |
Also Check: Total Seats in IIM
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