IIFT has announced significant changes in its Admission 2024 criteria and has made CAT 2023 exam mandatory for MBA (IB) Admission 2024. The present NTA IIFT Exam is cancelled and will not be conducted any more.
IIFT Admission 2024: Key Changes
- CAT 2023 is Mandatory Exam for IIFT MBA (IB) Admission 2024
- IIFT Exam is Cancelled and will No More be Conducted by NTA
- IIFT Aspirants to apply and appear in CAT 2023
- IIFT Applications to Open in September 2023 last week
Indian Institute of Foreign Trade (IIFT) will accept only CAT 2023 exam score for admission to MBA (IB) 2024-26 batch for its Delhi and Kolkata campuses and has cancelled the present IIFT entrance exam conducted by NTA. It is a big step in the IIFT admission process 2024 and is good news for CAT aspirants as they do not need to separately appear in IIFT entrance exam conducted by National Testing Agency.
Announcing the significant change in admission criteria 2024 and cancellation of IIFT exam, IIFT has clarified, “From Academic Year 2024-25, for admission to IIFT’s two years MBA (International Business) and MBA (Business Analytics) programmes, the Institute will consider the score of CAT 2023. Candidates will be shortlisted for the second round of the admission process i.e. WAT/Group Discussion/Extempore/Personal Interview etc. of MBA (International Business) and MBA (Business Analytics) programmes on the basis of their CAT Score and other parameters. Therefore, to take the admission to IIFT’s MBA(IB) and MBA(BA) 2024-26 programmes, it is mandatory for all the aspirants to have valid CAT 2023 score.”
With CAT 2023 being the mandatory exam for IIFT Admission 2024, IIFT aspirants need to register and apply for CAT 2023 to get admission opportunity in IIFT. They should also separately apply for IIFT admission, as they do for admission to other top Non-IIM B-schools like FMS Delhi, SPJIMR Mumbai, MDI Gurgaon among others. IIFT will open its application process by the end of September 2023.
IIFT Admission 2024: Important Dates
Following are the important dates and time line for IIFT MBA (IB) admission 2024
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IIFT Admission 2024 Timeline
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Key Dates
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CAT 2023 Registration Dates
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Aug 2 to Sept 13, 2023
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Register and Apply till 5 PM
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IIFT Application date for Admission 2024
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From Sept 2023 last week
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To remain Open for more than a month
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CAT 2023 Exam Date
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November 26, 2023
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Mandatory Exam for IIFT Admission 2024
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With IIFT accepting CAT score for the first time, the registration numbers in CAT 2023 may go up by 40 to 50 thousand as all the IIFT aspirants will apply for CAT. Last year CAT registrations had gone up by 11% at 2.55 lakhs and it is expected that registration number may further go up to around 3 lakhs in CAT 2023.
For CAT Registration and exam pattern click here
How CAT 2023 is different from IIFT Entrance Exam conducted by NTA
If we compare CAT Vs IIFT exam, following 5 key differences are there
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Exam Components
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CAT 2023
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IIFT Entrance conducted by NTA
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Duration
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2 hours
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2 hours
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Total Questions
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66
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110
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No. of Sections
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3
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4
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Name of Sections
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VARC, DILR, QA
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VARC, QA, DILR, GK
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Scoring Pattern
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Uniform, 3 Marks for right answer
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Varying, from 1.5 Mark to 3 Marks for right answer
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Negative Marking
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-1 (33%) for wrong answer
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– 0.75 to -1 (33%) for wrong answer
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Type of Questions
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MCQs & Non-MCQs
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MCQs
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No Penalty Questions
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25-28 Percent
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None
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Maximum Score
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198
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300
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