IIFT is a well known and reputed institution in India with its three campuses in India. The IIFT is an autonomous institute established by the Government of India (Ministry of Commerce and Industry) in 1963. The flagship program of the institute is the International Business program, and IIFT is the only institute from the top 10 B-schools of India to offer this program. The IIFT fees for different programs is different and the differentiation extends to various categories. Also, the IIFT fees for international students are different. Here is the IIFT fees structure for different categories and different courses.
IIFT Fees Structure[/su_table]
|Full-Time||Rs. 7.60 LPA||Rs. 3.5 LPA||USD 27,500 p.a.|
|MBA-IB||Rs. 7.50 LPA||Rs. 3.75 LPA||USD 25,000|
|Rs. 3.5 lakhs||Rs. 1.75 lakhs|
The IIFT fee structure for MBA is 7.60 lakh per annum for general category, 3.5 lakhs per annum for SC/St and $27,500 for an international student. Please note that this was the IIFT MBA fees for full-time programs, which most of the candidates opt for. Whereas the IIFT MBA fees for the weekend program is 7.50 lakhs per annum for general category, 3.75 lakhs per annum for SC/ST and $25,000 for international students.
The Executive program offered by IIFT is for only one year and the fees in 3.5 lakhs and 1.75 lakhs for SC/St category. Also, the IIFT fee structure for MBA is the same for all the three campuses, as there is no variation in neither the fees nor the curriculum. This means that IIFT Delhi fees and other campuses’ fee are the same. So, it does not matter where you get admission in terms of fees.
IIFT Application form Fees
The last date for application to IIFT entrance examination was on 24 September. IIFT Application was available for the candidates to fill in and register themselves for the IIFT entrance exam. Since we are discussing the IIFT fee structure, here is the IIFT application form fees which is to be paid at the time of registrations.
|General/OBC candidates||Rs. 1650||Online (Credit/Debit Card)|
|SC/ST/PH candidates||Rs. 825||Online (Credit/Debit Card)|
|Foreign nationals/NRI/ Children of NRI||USD 85 (Rs. 5500)||Online (Credit/Debit Card)|
IIFT Scholarships and Funding
The below-mentioned scholarships are accepted by the IFFT.
- Scholarship to SC/ST students by the Ministry of Social Justice & Empowerment and Ministry of Tribal Affairs
- Sir Ratan Tata Scholarship
- EXIM Bank Scholarship to SC/ ST scholarship
- Dun & Bradstreet Gold Medal
- Sumitra Chisti Memorial Award
- CRWC scholarship to EWS cum meritorious students
So, this was the IIFT MBA fees structure for different courses and different categories. Candidates must take the fees for their specific course into consideration as managing your finances is necessary. If necessary many candidates also apply for educational loans. Also, the fees mentioned above are only the institute’s fee. If the candidates is from outstation then he/she has to pay for accommodations as well and other expenses. So, candidates should think about the finances as it is a crucial part and a commitment for two years to the organisation.