Last Modified: 16 Jan 2022
International business consist the business opportunity, trades and transactions at the international platform. Indian politics and business environment has been changed in the early years of freedom. This required the expertise to learn, grow and develop accordingly.
Understanding the need of business scenario at international level the Ministry of Commerce & Industry established the Indian Institute of Foreign Trade (IIFT) in the year 1963. It has been introduced as an autonomous body to contribute in the skill building for the international business and external trade sector of India.
Since 1963 it has come a long way to successfully develop into a unique institution involved in imparting knowledge with the research and training in international business and trade. It has been entitled with the granted Deemed University status in 2002. In the recent past, the IIFT has developed as the national university focusing on International Business Management and Strategy, and this development can be easily visible in all three major activities of the Institute as Research, Training and Education. The objects of IIFT institutes are as follows to fulfill the need of institute and industry.
- A catalyst for new ideas, concepts and skills for the internationalization of the Indian economy
- The primary provider of training and research-based consultancy in the areas of international business, both for the corporate sector, Government and the students community
- An institution with proven capability to continuously upgrade its knowledge base with a view to servicing the requirements of the Government, trade and industry through both sponsored and non-sponsored research and consultancy assignments
The Masters of Business Administration in International Business or MBA (International Business) is a foundational course for developing a competent cadre of business executives and management graduates to meet the country’s growing requirements for expertise personnel in the area of international management. It is a six trimester general management programme with prime focus on international business and trades.
The programme has been designed to provide a comprehensive coverage incorporating all the important areas and disciplines relevant to international business activities. You can see that the syllabi for MBA (IB) compares favorably with the syllabi of some of the world’s best International Business Schools to give it a better learning opportunity for students.