Indian Institute of Foreign Trade was set up in 1963 by Ministry of Commerce to help professionalize the country's foreign trade management. The institute has since then evolved into the only one among the top 10 B-schools to offer the coveted Master of Business Administration programme in International Business.
The success of the institute can be gauged from the fact that it is the major think tank when it comes to formulating policies concerning foreign trade and international business. IIFT has undertaken research studies with organisations like World Trade Organisation, World Bank, the United Nations Conference on Trade and Development (UNCTAD) and the Ministry of Commerce & Industry.
A B-school life is incomplete without competitions where two B-schools or rather two students from the same B-school are pitted against each other. The institute firmly believes that this is where an individual’s competitive nature kicks and he/she starts punching above their weights.
For the same, IIFT’s Kolkata campus is organising Vivaan, a three day summit to be held at IIFT in its Kolkata campus from 4th to 6th September. The event has under its bonnet pan-India competitions aiming to provide a platform for budding managers and inspired thinkers to showcase their mettle to the world. The theme of the symposium is ‘Prism of Opportunities: India and the world’. Each club at IIFT will be hosting various competitions that require the right mix of radical thinking, unceasing efforts and unbridled optimism. The event would also witness eminent speakers from various industries with provide their insights on their industry and current trends.
BLASH - The Trade Club & SCOPE - The Operations Club in collaboration with SC Next will have the primary and largest discussion on ‘International Shipping and Logistics’. The club also holds an International Trade & Logistics Challenge which includes a quizzing event and a Supply Chain and Operations case study.
Socrates, the Strategy and Consulting Club at IIFT, will be holding a session on theme ‘Transformation of Vision into Action: Journey of a Leader ’to present. The event includes "CaseQuest" a case study competition in association with BizResearchLabs focusing on an actual business problem faced by the industry today.
Entrepreneurship-Cell partners with Little Internet Pvt Ltd, and Zovi, to present a Business Plan Competition, where students from all across India will lock horns for a chance to pitch their business idea to a panel of esteemed investors.
Systemix, the Systems Consulting Club of IIFT will be holding a session on the theme ‘Technology making people’s lives better’. It also hosts a Business Analytics Case Challenge emphasizing the relevance of analytics in day-to-day business operations for aspiring managers and entrepreneurs.
For Finance enthusiasts, Capital, the Finance and Investments Club of IIFT, will host the Finance Forum with theme “The Indian Economy: Crouching Tiger or a Sauntering Elephant”. It also conducts Vitt- Neeti, a three round event comprising Online Quiz, Virtual Stock Trading and Case Study – competition.
The Social Awareness Cell of IIFT, Koshish, conducts an online case study competition in association with the Bengaluru based non-for-profit organisation The Akshaya Patra Foundation – 'unlimited food for education'.
Brandwagon, the Marketing Club, hosts Foreign Market Entry Challenge will be holding a session on the theme ‘Branding India’- Marketing of Indian products and services around the world. The event includes a case study competition focusing on the introduction of an Indian brand in a foreign market.
Cash prizes worth over Rs 2.5 lakhs and goodies worth Rs 90,000 are up for grabs. So far, the event has been flooded with an overwhelming response as over 700 students across India have registered for various competitions on Dare2Compete. Students from various B schools expressed their interests in the event when they flooded the IIFT handle with tweets during the recently held Twitter contest where they were asked to describe their MBA journey so far in one line.
“Live daringly, boldly, fearlessly. Taste the relish to be found in competition-in having put forth the best within you.” Vivaan promises all this and much more.