The Indian Institute of Foreign Trade (IIFT) was set up in 1963 by the Government of India as an autonomous organization to help professionalize the country's foreign trade management and increase exports by developing human resources, analyzing and disseminating data and conducting research. The Institute visualizes its future role as, The Institute's portfolio of long-term programmers is diverse, catering to the requirements of aspiring International Business executives and mid-career professionals alike. These are, Two-year MBA (International Business), New Delhi, Kolkata, and Dar-es-Salaam ,Three-year MBA (International Business) (Part-Time), New Delhi and Kolkata, Executive Masters in International Business, New Delhi, Certificate Programme in Export Management, New Delhi,Indian Institute of Foreign Trade (IIFT) offers PG programs in Management. Executive Post Graduate Diploma in International Business (EPGDIB) and other is Master of Business Administration (MBA).w

Indian Institute of Foreign Trade (IIFT) mandates Summer Internship for every student which is spread over weeks. There is a separate department created which owns the responsibility of providing summer internship projects of various companies to the students and it also takes care of the training programs for placement of the student.IIFT has strong corporate bonds with IDBI Bank, Hero Honda,Axis Bank,Wipro,Triveni,Ranbaxy,Rasna,JK White Cement, Indiabulls,LIC,CanaraBank, Samsung,Modi Paint NETSOFT,Pefect,Bank of Baroda,Bulue Dart, Muthoo Group,Gipla,HCL,ICICI Bank,Just Dail and more many.