IIFT Exam Pattern 2023: Marking Scheme, Total Marks

Exam Date

Dec 18, 2022

Jan 27, 2023 | Management

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IIFT Exam pattern 2023 is established by The National Testing Agency (NTA), which administers the exam. IIFT 2023 is offered in an online format. The number of questions, type of questions, scoring pattern, total marks, overall time, test mode, and other parameters are included in the IIFT exam pattern 2023.

Candidates must have complete knowledge of the IIFT exam pattern and syllabus before beginning the exam preparation. The candidates can use the available previous year's question papers, sample papers, and mock tests to familiarize themselves with the exam pattern of IIFT.

IIFT Syllabus 2023 IIFT Mock Test 2023

Read along to get complete details of IIFT exam pattern 2023. 

Latest Updates on IIFT

Table of Contents

IIFT Exam Pattern 2023 Key Changes over the Years

  • The timing of the IIFT exam has changed from 3:00 PM to 5:00 PM to 10:00 AM to 12:00 PM.
  • The IIFT form cost for the reserved category has been raised to INR 1250.
  • Each segment will have a different number of questions.
  • The grading system will also change. The marking policy for the VARC, Quant, and DILR portions will be the same, however, the GK section will have a separate scoring scheme.
  • In 2022, IIFT opened a second campus in Kakinada with a 60-seat maximum enrollment.
  • The exam was previously administered by IIFT, which is now NTA.
  • IIFT MBA exam will feature four sections, per the most recent IIFT examination design.

IIFT Exam Pattern 2023- Highlights

Caption

Particulars

Details

IIFT Conducting Body

National Testing Agency (NTA)

Official Website

iift.nta.nic.in

Mode of IIFT exam

Online-Computer Based

IIFT exam duration

Two hours (120 minutes)

Sectional Time Limit

No Sectional Time Limit

Type of Questions

Multiple Choice Questions

Total Number of Questions

110

Number of Sections

  • Section 1: Quantitative Ability (QA)
  • Section 2: Verbal Ability and Reading Comprehension (VARC)
  • Section 3: Logical Reasoning and Data Interpretation (LRDI)
  • Section 4: General Knowledge (GK)

Negative Marking

1/3 Marks

Marks per Question

3 marks for each right question in Sections 1, 2, and 3

1.5 marks for each right answer in Section 4

Total Marks

300

IIFT Test Pattern 2023: Section-wise Breakup of Questions

Every year, the quantity of questions on IIFT papers fluctuates. IIFT 2019 contained 114 multiple-choice questions, and IIFT 2020/ 2021/ 2022 had 110. Quantitative Ability (QA), Verbal Ability and Reading Comprehension (VARC), Logical Reasoning and Data Interpretation (LRDI), and General Knowledge (GK) are the four sections from which questions will be asked in IIFT 2023 exam (GK). 

IIFT Question Paper Pattern

IIFT Question Paper Pattern section-wise is mentioned below:

IIFT Question Pattern

Section

Total Questions

Verbal Ability & Reading Comprehension

35

Quantitative Analysis

25

Data Interpretation & Logical Reasoning

30

General Awareness (GK)

20

Total

110

IIFT Marking Scheme

Each part of the IIFT has a different scoring system. The IIFT exam also carries penalty points. The section-by-section IIFT marking scheme is detailed below:

IIFT Marking Scheme

Section

No. of questions

Marks per question

Negative marks

Total marks

Quantitative Aptitude

25

3

-1

75

VARC

35

3

-1

105

LRDI

30

3

-1

90

General Knowledge

20

1.5

-0.5

30

Total

110

-

-

300

IIFT Exam Pattern and Syllabus 2023

The National Testing Agency, which oversees IIFT, has not yet made the IIFT 2023 syllabus public. Candidates can, however, become acquainted with the subjects included in the IIFT exam syllabus by studying the question papers from prior years and the patterns followed.

A thorough understanding of the exam syllabus will aid applicants in better preparation. IIFT's curriculum has remained constant over time. Candidates are advised to prepare from the top books for IIFT 2023 to cover the syllabus.

English Usage/ Verbal Ability/ Reading Comprehension

  • Grammar
  • Phrases
  • Synonyms

Logical Reasoning

  • Series & Analysis
  • Comparisons
  • Deductions

Data Interpretation

  • Pie Chart
  • Caselets

Quantitative Ability

  • Mensuration
  • Probability

General Awareness

  • Banking
  • Business
  • Politics

IIFT Pattern: Section Wise Time Allocation

IIFT question paper 2023 will have at least 110 MCQs. For any of the IIFT sections, there is no set time limit per section. Experts encourage applicants to set a time restriction for completing each portion with the most number of attempts, though. For suggested amounts of time for each section of IIFT exam, see the table below:

IIFT Pattern Section Wise

IIFT Sections

Time Allotted

General Awareness

8 to 10 minutes

Verbal Ability & Reading Comprehension

25 to 30 minutes

Quantitative Analysis

30 to 35 minutes

Data interpretation & Logical Reasoning

40 to 45 minutes

IIFT Exam Day Tips

An exam day strategy that has been carefully thought out is essential to maximising exam performance. Below are a few IIFT exam day tips:

  • As soon as you get a look at the questions, rapidly plan your approach, allocate time for each portion, and attempt to stick to it. This will enable you to respond to the most questions possible.
  • Make sure accuracy is given as much consideration as the number of attempts.
  • IIFT is marked negatively. Don't do that. Never tackle a question that you are unsure of.
  • Spend more time going over the responses you are unsure of.
  • Avoid being bogged down by challenging inquiries. Leave it alone and move on to the following query.

IIFT Testing Schedule, Reporting Time, Closure of Entry

The invigilator at IIFT exam centre must finish the pre-exam procedures, including entry into the examination hall or room, physical screening of candidates, document verification, manual attendance recording, biometric registration at the registration desk, and cross-checking of the candidate's admit card, signature, and photo, by 9.45 a.m. at the latest. Following this, IIFT testing room's invigilators begin giving the candidates instructions.

IIFT 2023 Paper Pattern: Important Points

  • The IIFT paper pattern 2023 now only features four sections instead of the previous six.
  • The redesigned IIFT paper pattern now combines the verbal ability and reading comprehension sections into a single session.
  • In the IIFT 2022 Exam Pattern, Data Interpretation and Logical Reasoning are now combined into a single session. In the updated IIFT 2023 pattern, candidates can attempt and convert DI questions to LR questions.
  • IIFT test format and syllabus have reduced the number of questions from the previous 120+ to just 110.
  • IIFT syllabus and pattern do not contain a set amount of questions. IIFT 2023 pattern may include anywhere between 110 and 130 questions. While the IIFT test pattern and curriculum for 2021 and 2020 both contained 110 questions, the IIFT 2023 pattern is anticipated to have the same number of questions. There were 114 questions in the 2019 and 2018 IIFT syllabus and pattern. In comparison to IIFT test pattern and syllabus from 2016, which had 124 MCQ-style questions, IIFT exam pattern and syllabus for 2017 featured 123 questions.
  • The maximum score possible on the IIFT test is 300. Every incorrect response will result in a penalty of one-third of a mark under the IIFT 2023 exam format. Candidates must be careful to avoid this negative marking by carefully selecting the answer alternatives in the updated IIFT 2023 pattern if they want to optimise their score.

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