Welcome to EduSure, where we are dedicated to helping students understand and apply the concepts of economics, guiding them to secure seats in top Master in Economics Institutes in the country. In this blog, we delve into the details of the prestigious Indian Institute of Foreign Trade (IIFT) MA Economics Entrance Exam, with a specialization in Trade & Finance.
1. About IIFT:
Established in 1963, IIFT is an autonomous body under the Ministry of Commerce & Industry, focused on building skills for India’s external trade sector. With its “Deemed to be University” status and NAAC Grade ‘A’ recognition, IIFT has earned a reputation as one of the top-ranked institutions for international business and trade education.
2. MA Economics Department at IIFT:
The MA Economics Course with specialization in Trade & Finance was launched in 2018 and quickly became a preferred choice among students seeking to pursue master’s in economics. The department boasts experienced faculty, aiming to develop academicians with conceptual clarity and knowledge of the latest developments in economics.
3. Course Structure and Teaching Pedagogy:
The MA Economics Course at IIFT has a capacity of 180 students, admitting 90 each at Delhi and Kolkata campuses. The curriculum emphasizes the latest developments in economics, providing students with practical training in econometrics and statistical software. The program encourages academic endeavor and problem-solving skills, preparing students for academic and non-academic job markets.
4. IIFT MA Economics Entrance Exam Pattern:
The entrance exam for MA Economics – Specialization in Trade & Finance is an Objective Aptitude Test, lasting 120 minutes. The syllabus covers basic mathematics, statistics, microeconomics, macroeconomics, international economics, and public finance at the undergraduate level of economics programs.
5. Eligibility Criteria:
Candidates must have a bachelor’s degree in any discipline with at least 50% marks (45% for SC/ST/PWD candidates) and mathematics at the higher secondary or higher level. There is no age limit, and final-year graduation students are also eligible to apply.
6.IIFT MA Economics Entrance Syllabus
The entrance is grounded in subjects like Basic Mathematics and Statistics, Microeconomics, Macroeconomics, International Economics, Public Finance, etc. The syllabus of these subjects will constitute an undergraduate level Economics course.
7.IIFT MA Economics Pattern of Admission
An Objective Aptitude Test (based on Basic Mathematics and Statistics, Microeconomics, Macroeconomics, International Economics, Public Finance, etc., the syllabus of which will be of undergraduate level Economics Programme). The duration of the exam will be for a maximum of 120 minutes.
8.How to Apply
Please visit IIFT website i.e. www.iift.ac.in and click on the Current Admissions icon. The cost of
Online Application Form is 1,600/- ( 800/- in respect of SC/ST/PwD candidates) and US$80 /
6,000/- for Foreign Nationals/NRIs, which includes application screening and Admission Test Fee.
The Fee is payable online while submitting the Application Form. The candidates are not required to pay any other fee.
SC/ST/PwD/OBC(Non-creamy layer)/GEN-EWS candidates need to upload the requisite certificates along with the Application form. Documents to be uploaded while Applying Online
• Self-Attested copies of certificates & mark-sheets of qualifying degree.
• SC/ST/OBC (NCL)/PWD category /GEN-EWS candidates need to upload the requisite certificate.
Last date of submission of online application forms – 10 June 2023
Date of AI Proctoring Based Entrance Exam – 24 June 2023
Date of Online Interviews of shortlisted candidates – 10 July onwards (tentatively)
Commencement of session – 16 August 2023
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10. Mode of Admission:
The admission process includes an AI Proctoring Based Entrance Exam and a Personal Interview for shortlisted candidates.
The IIFT MA Economics Entrance Exam specializes in Trade & Finance and provides students a great chance to excel in economics. IIFT’s experienced faculty, comprehensive curriculum, and practical training focus prepare students for success in jobs and higher studies.
Prepare well for the entrance exam to open doors to a bright economics future. EduSure supports your journey to excel in an economics career. Best of luck in your endeavor to secure a seat in IIFT’s esteemed MA Economics program!
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