While welcoming the students to the institute, KT Chacko, Director, IIFT said “IIFT will provide you exposure to a host of subjects which are of extreme importance in the field of international business. Students will get exposure to subjects such as international finance, international marketing, international economics, international trade operations and logistics and international business strategy here at the institute.”
He encouraged students to hone their leadership and team-building skills during their two years at the institute. “Two companies may have the same products with the same merits, but you will find one of them is doing better because of the kind of teams that they have been able to build using their interactive skills.”
Also, IIFT is the think tank for WTO studies in India and advises both the government as well as international bodies on WTO issues. It also has a centre for Small and Medium Enterprises as well as a Centre for International Trade and Technology. Subjects in international business have acquired extreme relevance in a fast-globalizing world where one has to be globally-competent in order to be locally-competent.