Indian Institute of Foreign Trade (IIFT)

About Indian Institute of Foreign Trade (IIFT) :

• The Indian Institute of Foreign Trade (IIFT) was established in 1963 as an autonomous body under the Ministry of Commerce & Industry to contribute in the skill building for the external trade sector of India.
• The Institute was granted “Deemed to be University” status in 2002.
• The Institute was granted the prestigious AACSB accreditation on 17th November, 2021.
• With this the IIFT figures amongst 900+ Business School of the world which have earned this accreditation.
• The National Assessment and Accreditation Council (NAAC) has recognized IIFT as Grade ‘A’ Institution in 2005 as well as in 2015.  

Q1) What is National Assessment and Accreditation Council?

The NATIONAL ASSESSMENT AND ACCREDITATION COUNCIL (NAAC) conducts assessment and accreditation of Higher Educational Institutions (HEI) such as colleges, universities or other recognised institutions to derive an understanding of the ‘Quality Status’ of the institution.

Source: 60th Foundation Day of Indian Institute of Foreign Trade

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