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Master of Arts [MA] (Economics)

at IIFT Delhi Indian Institute of Foreign Trade

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Fees

Fees at the Indian Institute of Foreign Trade (IIFT) for the Master of Business Administration [MBA] in International Business program for the 2023- 2025 batch are approximately INR 22 lakhs. This comprehensive fee covers tuition, hostel accommodation, mess charges, and other academic resources such as books. Payment of these fees is structured across six instalments over two years. Scholarships are available to students under different categories, such as merit-based, need-based, and category-specific.

Notable scholarships include the National Scholarship Scheme, OP Jindal Scholarship, and EXIM Bank Scholarship for SC/ST students. An additional provision offers a 50% fee waiver for certain SC/ST students. IIFT assists in facilitating educational loans with favorable rates from national banks. The fee for international students, including NRI students, is approximately USD 60,000, along with an additional tax. Various scholarships intended to cover a substantial portion of the educational costs further enhance affordability.

Eligibility

Applicants need a bachelor's degree from a recognised university, generally in economics, commerce, statistics, mathematics, or a closely related discipline, meeting the minimum academic standard the institute prescribes for this specific programme. Admission is entrance-based, with candidates required to appear for the relevant postgraduate admission process set by the institute and, in most cycles, a subsequent interview or discussion round, rather than being offered a seat purely on undergraduate marks. Because the specific eligibility criteria, including the exact minimum qualifying standard and any subject-background requirement, are set afresh by the institute for every admission cycle, applicants should always check the current year's official notification rather than assume it matches a previous cycle. Category-based relaxations, where applicable, follow the government norms in force at the time of admission.

About Master of Arts [MA] (Economics)

The Master of Arts in Economics at IIFT, New Delhi, is a postgraduate degree that builds a rigorous grounding in economic theory and analysis with a particular orientation toward international trade and the global economy, reflecting the institute's core specialisation. Students work through core papers in microeconomics, macroeconomics, and quantitative or econometric methods, and then move into electives that connect economic theory to trade policy, international finance, and development issues, an emphasis that sets this programme apart from a general MA Economics offered by a university department. The degree suits students coming from an economics, commerce, or related social-science background who want to specialise specifically in the trade and international dimension of economics rather than a broad generalist economics degree, as well as those aiming for research, policy, or analytical roles connected to global trade. Depending on the structure of the batch, students may also work on a research paper or dissertation component that lets them apply the analytical tools built through the coursework to a specific trade or economic-policy question. Graduates of this programme commonly move into research and analyst roles with trade bodies, policy think tanks, financial institutions, or government departments dealing with international economic policy, and some go on to further research study. The institute sets the sanctioned intake for this programme each admission cycle and divides it across the categories and quotas its policy applies; the current year's official, category-wise seat matrix is published by IIFT in its own admission notice and is the version students should rely on.

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