The Indian Institute of Foreign Trade (IIFT) conducts the Indian Institute of Foreign Trade Examination (IIFT Exam) as an entrance exam for admission to its MBA in International Business program. The exam is held annually, usually in November, and is a paper-based test. 

The test is a multiple-choice question (MCQ) based test that generally has around 120 questions, testing the candidate's knowledge in various subjects like English Comprehension, General Knowledge and Awareness, Logical Reasoning, Data Interpretation, and Quantitative Analysis.

Here are the 5 quick last month revision tips for IIFT:

Make a study plan:

Creating a study plan is essential in preparing for an exam like IIFT. Your study plan should be tailored to your learning style, schedule, and the specific requirements of the exam. Here are some tips on how to create an effective study plan:

• Identify the essential topics: Go through the syllabus and identify the key issues covered in the exam.
• Assess your current knowledge: Take a diagnostic test or self-assessment to identify the areas where you need the most improvement.
• Prioritise the topics: Based on your assessment, prioritise the topics that need more attention.
• Allocate time for each topic: Decide how much you want to spend on each topic and create a schedule.
• Set achievable goals: Set daily, weekly, and monthly goals for yourself and stick to them.
• Use flashcards and mnemonics: Make flashcards or use mnemonics to help you memorise essential formulas and concepts.
• Take breaks: Make sure to take regular intervals to avoid burnout and to stay fresh.
• Stay flexible: Be prepared to adjust your study plan as needed based on your progress and any changes to the exam schedule.

Remember, a well-structured study plan will help you stay focused and motivated and will increase your chances of success on the exam.

Practice past papers:

Practising past papers is an effective way to prepare for an exam like IIFT. By going through previous years' papers, you can:

• Get an idea of the format and structure of the exam: You can familiarise yourself with the types of questions that are asked, the number of sections and the number of questions in each section.
• Understand the difficulty level: Past papers will give you an idea of the level of difficulty of the exam and help you gauge your own preparation.
• Identify areas of improvement: By attempting past papers, you can identify areas where you need to improve and focus on them.
• Practice time management: Past papers will help you practice time management, as you can see how much time you have to attempt each question.
• Identify trends and patterns: Going through past papers will help you identify trends and patterns in the questions being asked, which can help you prepare better.

To get the most out of practising past papers, attempt them under timed conditions and use them to simulate the exam experience. Also, try to analyse your performance after attempting each paper and learn from your mistakes.

Revise essential formulas and concepts:

Revising important formulas and concepts is essential in preparing for an exam like IIFT. By making flashcards of essential formulas and concepts, you can:

• Make the revision process more effective: Flashcards are a great way to revise essential formulas and concepts because they help you to condense a lot of information into a small, easily digestible format.
• Test yourself: Flashcards allow you to test essential formulas and concepts, which can help you identify areas where you need to improve.
• Make revision more portable: Flashcards are easy to carry around so that you can revise anywhere, at any time.
• Use them to memorise: Flashcards are a great tool for memorisation as you can drill essential formulas and concepts into your memory.
• Use them for quick recall: Flashcards can help you prepare for quick recall, which is important in the exam as you have to answer questions in a limited time frame.

To make the most of flashcards, keep them updated and review them regularly. Also, try to use different methods of revisions, like writing down the formulas and concepts or making mental images of them.

Take mock tests:

Taking mock tests is important in preparing for an exam like IIFT. By taking mock tests, you can:

• Familiarise yourself with the format and structure of the exam: By taking mock tests, you can become familiar with the types of questions that are asked, the number of sections, and the number of questions in each section.
• Practice time management: By taking mock tests, you can practice managing your time effectively during the exam.
• Identify your strengths and weaknesses: By taking mock tests, you can identify areas where you excel and need improvement.
• Build your confidence: By taking mock tests, you can build confidence and reduce anxiety on exam day.
• Get an idea of your performance: By taking mock tests, you can get an idea of your performance and how likely you are to score in the exam.

To make the most out of mock tests, take them under timed conditions, and use them to simulate the actual exam experience. Also, try to analyse your performance after each mock test and learn from your mistakes. Try to take mock tests from different sources, like online tests, coaching institutes or previous years' papers, as they will give you a broader perspective on the questions and the pattern.

Stay focused and motivated:

Staying focused and motivated is essential to preparing for an exam like IIFT. Here are some tips to help you stay focused and motivated:

• Set clear and realistic goals: Set clear and realistic goals for yourself and ensure they align with your study plan.
• Break down your goals into smaller tasks: Break down your goals into smaller tasks and focus on completing them one at a time.
• Stay organised: Keep your study materials organised and create a comfortable and conducive study environment.
• Avoid distractions as much as possible, like social media, TV or other activities that could take away your focus.
• Take regular breaks: Take frequent breaks to avoid burnout and to stay fresh.
• Reward yourself: Reward yourself for achieving your goals; it will keep you motivated to continue working hard.
• Surround yourself with positive people: Surround yourself with positive people who will support and encourage you.

Exam Format:

The IIFT Exam is a paper-based test that is conducted annually, usually in the month of November. The exam is divided into six sections, testing the candidate's knowledge in various subjects. The sections are as follows:

• English Comprehension: This section tests the candidate's understanding of the English language, grammar and vocabulary.
• General Knowledge and Awareness: This section tests the candidate's knowledge of current affairs, business, and economic issues.
• Logical Reasoning: This section tests the candidate's ability to analyse and evaluate information, identify patterns, and make logical conclusions.
• Data Interpretation: This section tests the candidate's ability to understand, interpret and analyse data presented in various forms like tables, charts, and graphs.
• Quantitative Analysis: This section tests the candidate's knowledge of mathematical concepts and ability to solve mathematical problems.
• Reading Comprehension: This section tests the candidate's ability to read, comprehend and analyse passages from various subjects.