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Indian Institute of Foreign Trade- Scholarships

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Indian Institute of Foreign Trade, New Delhi is a premier institution established in 1963, functioning as a Deemed to be University under the Ministry of Commerce & Industry. Recognized for its academic strength in international business, IIFT Delhi offers sought-after programs like the flagship MBA (IB). The institute holds NAAC 'A+' accreditation and consistently ranks among top B-schools, with strong placements attracting leading recruiters.

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New Delhi, Delhi

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More about IIFT Delhi Scholarships

Indian Institute of Foreign Trade, widely recognized as IIFT Delhi, stands among India's leading business schools with a rich legacy dating back to its establishment in 1963. Operating as a Deemed to be University under the Ministry of Commerce & Industry, Government of India, the institute has been a pivotal contributor to India's external trade sector through skilled professional development and policy research. IIFT Delhi is accredited with an 'A+' Grade by NAAC and holds prestigious international accreditations including AACSB. The institute is known for its diverse academic offerings at postgraduate and doctoral levels, with the two-year full-time MBA (International Business) being its flagship program. IIFT Delhi's campus is located in the Qutab Institutional Area, spread over 6.5 acres, providing a conducive environment for learning with modern infrastructure. The institute actively fosters a vibrant student experience and maintains collaborations with 45 international universities and B-schools for student and faculty exchange and joint research. Career outcomes for graduates are robust, with the 2024 placements reporting a highest international CTC of INR 85.40 LPA and an average CTC of INR 27.30 LPA. The institute's strong industry connections are reflected in the participation of over 120 recruiters in the placement drive. IIFT Delhi's consistent performance is highlighted by its rankings, securing 15th position in the NIRF Management ranking 2024 and 7th in the India Today 2024 MBA rankings.

Scholarships for programs at IIFT Delhi

Browse the complete list of scholarships offered at IIFT Delhi for undergraduate, postgraduate, and diploma programs. Find out eligibility, benefits, required documents, and important deadlines.

Scholarship for MA (Economics)

ScholarshipsEligibilityBenefit
New Scholarship Scheme (NSS)Means-cum-merit basis (70% weightage to means, 30% weightage to merit/CGPA after completion of program). Family income from all sources less than ₹8 Lakhs per annum.
  • Benefit Type: Tuition fee reduction
  • Important Note: Granted to students who successfully complete their full-time program from IIFT. Disbursed after successful completion of the program.
Reserved Category Tuition Fee ConcessionStudents belonging to Scheduled Caste (SC), Scheduled Tribe (ST), and Persons with Disability (PwD) categories.
  • Benefit Type: Tuition fee reduction

Scholarship for PhD (Management)

ScholarshipsEligibilityBenefit
Full-Time Ph.D. Scholar FellowshipFull-Time Ph.D. scholars (Indian Nationals), JRF-qualified candidates are also required to assist in teaching/research [2, 11].
  • Benefit Type: Monthly Stipend + HRA
  • Amount: ₹37,000/month (First 2 years), ₹42,000/month (Next 3 years)
  • Important Note: HRA is admissible as per IIFT rules. For continuation of scholarship in the second phase, performance evaluation will be done on a half-yearly basis. The amount is subject to revision [11, 14].

Scholarship for PhD (Economics)

ScholarshipsEligibilityBenefit
IIFT PhD FellowshipFull-Time PhD scholars
  • Benefit Type: Monthly stipend + HRA (House Rent Allowance)
  • Amount: Varies by year: ₹37,000 per month (First 2 years), ₹42,000 per month (Next 3 years)
  • Important Note: Fellowship is subject to revision by the Institute. For continuation of scholarship in the second phase, performance evaluation will be done on a half-yearly basis. JRF-qualified candidates are also required to assist in teaching/research. [4, 8, 10]
Government of India ScholarshipsFull-Time students belonging to specific categories (SC, ST, PwD, OBC, Minority Communities)
  • Benefit Type: Various, including financial assistance
  • Amount: Varies as per scheme
  • Important Note: Available through the National Scholarship Portal (NSP) for schemes like Central Sector Scholarship of Top Class Education to SC, ST, PwD, OBC students, and Merit-cum-Means based Scholarship to minority communities. [21]

Scholarship for MBA (International Business)

ScholarshipsEligibilityBenefit
New Scholarship Scheme (NSS)10% of admitted students in Full-Time/Regular programs, based on means-cum-merit (70% means, 30% merit based on CGPA after completion). Family income less than ₹8,00,000 per annum. Disbursed after successful completion of the program.
  • Benefit Type: Tuition fee reduction
  • Amount: ₹436400
  • Important Note: The scholarship is disbursed after the successful completion of the program. If an eligible student receives an equivalent or greater scholarship from other sources, they will not be eligible for NSS. If the amount from other sources is less, the balance will be paid.
Exim Bank ScholarshipTopper among SC/ST students in the first year of the Two-year Full-Time MBA (International Business) program.
  • Benefit Type: Tuition fee reduction
  • Amount: ₹350000
  • Important Note: Covers second-year tuition fees up to ₹3,50,000.
OPJEMS ScholarshipMerit-based scholarship for MBA(IB) first and second-year students of Delhi campus. Top ten toppers from 1st year (based on cumulative score of selection process) and top ten toppers from 2nd year (based on GPA of previous academic year) are nominated by the Institute. Selection based on online test and interview by OP Jindal Group.
  • Benefit Type: Scholarship amount
  • Amount: ₹150000
Government of India Scholarships (via NSP)Varies by scheme (e.g., Top Class Education for Students with Disabilities, Merit-Cum-Means for Minority Category, Central Sector Scholarship for SC, PM YASASVI for OBC/EBC/DNT, National Fellowship for ST).
  • Benefit Type: Financial Aid
  • Amount: Varies
  • Important Note: Scholarships are available for Full-Time MBA (IB) students through the National Scholarship Portal (NSP).

Scholarship for MBA (Business Analytics)

ScholarshipsEligibilityBenefit
New Scholarship Scheme (NSS)10% of admitted students in Full-Time/Regular programs (including MBA Business Analytics) with family income less than ₹8 lakhs per annum, based on means-cum-merit (70% weightage to means, 30% weightage to merit i.e. total CGPA scored after completion of program).
  • Benefit Type: Tuition fee reduction
  • Important Note: Scholarship disbursed after successful completion of the program. If an eligible student receives an equivalent or greater scholarship from other sources, they are not eligible. If less, the balance amount will be payable.
Scholarship for Top Class Education for Students with DisabilitiesStudents with Benchmark Disabilities enrolled in Full-Time MBA (BA) programs.
  • Benefit Type: Tuition fee reduction/financial aid
  • Important Note: Available through the National Scholarship Portal (NSP).
Merit-Cum-Means Scholarship for Professional and Technical Courses for Minority Category StudentsStudents belonging to minority communities enrolled in Full-Time MBA (BA) programs.
  • Benefit Type: Tuition fee reduction/financial aid
  • Important Note: Available through the National Scholarship Portal (NSP).
Central Sector Scholarship for SC Category StudentsSC Category Students enrolled in Full-Time MBA (BA) programs.
  • Benefit Type: Tuition fee reduction/financial aid
  • Important Note: Available through the National Scholarship Portal (NSP).
PM YASASVI Central Sector Scholarship for OBC, EBC, and DNT studentsOBC, EBC, and DNT students enrolled in Full-Time MBA (BA) programs.
  • Benefit Type: Tuition fee reduction/financial aid
  • Important Note: Available through the National Scholarship Portal (NSP).
National Fellowship and Scholarship for Higher Education for ST Category StudentsST Category Students enrolled in Full-Time MBA (BA) programs.
  • Benefit Type: Tuition fee reduction/financial aid
  • Important Note: Available through the National Scholarship Portal (NSP).
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