IIFT Placement 2017: 33% more International offers - 3 students get salary above Rs.1 crore & 6 above Rs.75 lakhs

With a jump of 33% in international placement offers, 3 of the IIFT students have grabbed above Rs.1 crore package and 6 above Rs.75 lakh per annum salary in the international placements in recently concluded Placement 2017 at IIFT campus. The average compensation for the batch of 2015-17 grew to INR 18.41 LPA as compared to INR 18.01 LPA

Indian Institute of Foreign Trade (IIFT) with its campuses at Delhi and Kolkata has concluded Placement 2017 for the largest ever batch of 258 students as compared to 254 students in 2016 and 219 in 2015. The Final Placement Process for the batch of 2015-17 witnessed participation from a large number of companies across sectors and industries in all domains.

International placements have always been IIFT’s strength and there has been a remarkable increase in the same over the years. Organizations such as Avantor, Dabur, DSPL, GCPL, Mount Meru, TGI, Trafigura have offered International placement in different locales across the globe.

Three students of IIFT have grabbed annual package of USD 1,50,000 (Rs 1 crore plus) on the lines of placement 2016 wherein the highest package was also of USD 150,000.

Related links

• IIFT 2017: Exam notification on July 15; MBA (IB) entrance test on Nov 26, 2017
• IIFT 2017 exam notification delayed: Exam date may clash with CAT 2017

IIFT has indicated its standing as one of the leading B‐Schools of the country by concluding final placements for the Batch of 2015-2017 with higher salary packages and more recruiters.

The class of 2015-17 saw an increased gender diversity with 25% females and consisted of a diverse mix of Doctors, Engineers, CAs, CFAs, Humanities, Science & Commerce graduates with a batch Strength of 258 students.

Highlights of IIFT Placements
- 3 IIFT students have bagged a package of USD 150000 (more than Rs. 1 crore per annum) and 6 students have got more than 75 lakhs p.a.in International Placements
-  94 companies visited the campus to recruit IIFT students
- The average salary offered to IIFT students is Rs.18.41 lakh per annum as compared to Rs.18.01 lakh per annum last year.
- The highest domestic salary is Rs.26 lakh p.a.
- The number of International Roles offered to IIFT students this year is 20 as compared to 15 last year marking an increase of 33%
- 74 Pre-Placement Offers (PPOs) were offered to IIFT students as compared to 64 last year. 
- There has been significant increase in the number of PPOs offered by corporates.
-The Placements for the batch 2015-17 has seen a good mix of diverse sectors and industry leaders from every domain participated in the placement process. 
-A few of the top recruiters at IIFT Placement 2017 are Goldman Sachs, ITC, JP Morgan, Marico, Godrej, Amazon, ICICI Bank, HDFC, Citibank, HSBC, Axis Bank, Cognizant Business Consulting, HP, Infosys Consulting Management, Tata Steel, Wipro, L&T, HPCL, IOCL, SBI, GAIL Citibank
- Top new recruiters at IIFT include GlaxoSmithKline, Shell, Tetrapak, Trafigura, Eli Lilly, RPG, GE, CRISIL, Aditya Birla Group (LEAP Program), Dell, DHFL Pramerica among others
- Trade roles were offered by leading recruiters such as Olam International, TGI, DSPL, Mount Meru, HPCL, ITC

Key Placement trends

International Placements
International Placement number at IIFT has gone up by 33% over the last year.  During the last 3 years, International placement at IIFT have been on the rise-

International placement offers were made by reputed companies like Avantor, Dabur, DSPL, GCPL, Mount Meru, TGI, Trafigura among others.

Domestic packages
Making a perfect example that economic slow down in MBA placement is over in India, the domestic highest packages in IIFT placement 2017 have remained as below-

Top Recruiters at IIFT
94 recruiters made offers to the students with diverse role and profiles. Top recruiters in IIFT placement 2017 are Goldman Sachs, ITC, JP Morgan, Marico, Godrej, Amazon, ICICI Bank, HDFC, Citibank, HSBC, Axis Bank, Cognizant Business Consulting, HP, Infosys Consulting Management, Tata Steel, Wipro, L&T, HPCL, IOCL, SBI, GAIL Citibank,  GlaxoSmithKline, Shell, Tetrapak, Trafigura, Eli Lilly, RPG, GE, CRISIL, Aditya Birla Group (LEAP Program), Dell, DHFL Pramerica.

PPOs/PPI
IIFT students got 74 Pre-Placement offers (PPOs) and Pre-Placement Internships (PPIs)  from key recruiters in placement 2017.

Sectoral placements
24% of the batch was hired by the Banking, financial services and Insurance (BFSI) sector becoming the largest recruiting sector followed by FMCD with 13% and FMCG with 12%; Consulting with 10%; IT/ITES 10%; E-commerce 8%; Trade 6%; Telecom 5% and others like Conglomerate-3%, Manufacturing -1%, Retail, Pharma, Oil & Energy and others contributing 2% each.

Domain wise placement
Sales & Marketing: 30% share in Placement
Sales & Marketing was the most preferred domain this year with companies such as Marico, TetraPack, Cipla, 3M, Aditya Birla Group, Lava, BALIC visiting the campus for the first time.

ITC, Godrej Consumer Products Ltd, Dabur, TATA Sky, Bajaj Auto, TATA Steel, TATA Motors, Maruti Suzuki India, Akzonobel continued to show faith in the talent pool at IIFT. Telecom majors Airtel and Vodafone recruited in large numbers. Shell cemented its relationship with IIFT by offering multiple roles in the S&M  domain.

Other recruiters from diverse sectors offering roles in this domain included GAIL, IOCL, Avantor, HP Inc., ICICI Bank, AXIS Bank, Religare, Inbound Mantra among others. Raymond, Aditya Birla Group’s Madura Lifestyle Fashion, DCM Shriram were among the prominent recruiters in Fashion and Lifestyle sector.

MSD, Becton Dickinson, Boston Scientific, Eli Lilly were the prime recruiters offering Sales and Marketing roles in Pharma Sector. SMT offered recruited for international business  roles in this sector

Finance: 21% share in Placement
Goldman Sachs, JPMC, Nomura, HSBC offered coveted roles such as Investment Banking, Global Investment Research, Market Risk and Credit Analysis. General Electric recruited for its prestigious FMP programme from IIFT. HSBC Bank, DBS, Axis Bank and ICICI Bank extended offers for Retail Banking and Consumer Banking roles. Corporate finance roles were offered by GSK CH and Tata Motors. Bank of America, DHFL Pramerica, CRISIL, IVP, L&T Finance, RBS, SBI, Trevista offered various roles in this domain to the students of IIFT.

Other prominent organizations like Pidilite, Infosys Management Consulting were among the many recruiters offering Finance roles

Consulting and IT/ITES: 18% share in Placement
The Final Placement Process for the batch of 2015-17 witnessed an increase in the number of Consulting Companies visiting the campus. Recruiters in this domain included GeP, Synergy Consulting, Infosys Management Consulting, Michael Page, Cognizant Business Consulting, Corporate Executive Board, Capgemini among others.

Technology & IT companies offered a gamut of profiles. This Sector saw participation from industry stalwarts like Google, Aricent, IBM, L&TTechnology,TCS, Wipro, HP, Dell among others

General Management: 13% share in Placement
General Management was the domain of choice for 13% of the students participating in the placement processes. Recruiters like Airtel, Aditya Birla Group(LEAP), Godrej Property Limited, Shell, RPG, British Telecom, Games 24*7, Robert Bosch recruited from IIFT for General Management role. RPG, Shopclues, Vikram Solar, Luciedeus Tech were among the first time recruiters in this domain.

Trade: 10% share in Placement
Trade, the flagship specialization offered at IIFT also witnessed stupendous growth in terms of offers and remuneration extended. Trade roles were offered by leading recruiters such as Olam International, TGI, ITC, DSPL, Avantor, Mount Meru, and HPCL. Singaporean trade giant Trafigura also associated itself with the IIFT for the first time

Offers of more than 1 Crore were registered in Trade domain which reflected the faith of recruiters in the brand IIFT. International offers were offered in different locations across the globe such as Singapore and Nigeria.

Operations
A diverse range of organizations visited IIFT for roles in Operations and Supply Chain domain. Coveted recruiters in this domain were Citibank, L&T, TATA Steel, HDFC. The list of reputed recruiters included E-commerce majors Amazon & Shopclues.

The Indian Institute of Foreign Trade (IIFT) was set up in 1963 by the Government of India as an autonomous organisation to help professionalise the country's foreign trade management and increase exports by developing human resources; generating, analysing and disseminating data; and conducting research. IIFT offers a diverse portfolio of long term management programmes in International Business namely 2 years full time MBA (International Business) at New Delhi, Kolkata, and Dar-es-Salaam campuses; 3 year MBA (International Business) (Part-Time), New Delhi and Kolkata campuses; Executive Masters in International Business, New Delhi; Certificate Programme in Export Management, New Delhi.

Stay tuned to MBAUniverse.com for more updates on IIFT New Delhi & Kolkata

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