The placements at Indian Institute of Foreign Trade (IIFT), New Delhi and Kolkata campus have brought joys to the 164 students of MBA (International Business) 2008-10 batch. The two campuses have announced the completion of their placement season for the year 2010, maintaining their 100% placement record.

Upbeat about the placements result, K.T Chacko, Director IIFT said, “With the economy on a recovery path, IIFT students are reaping its benefits impressively. With this year’s placements, IIFT has yet again reinforced its presence in International Business & Commerce and has proven to be a preferred destination for leading organizations across the world.”
 
Salary package
The highest domestic salary was recorded at INR 13.08 lakhs p.a. while the Average Salary increased by 53% over the last year at Rs.11.54 lakhs p.a.
 
Sectoral distribution
The participating companies were from different sectors namely Banking & Financial Services, Trading, IT, Pharma, FMCG, Consultancy, Logistics, Media, Telecom and Manufacturing.

 

Work profile
IIFT saw 62 companies making offers with a variety of profiles including Investment Banking, Equity Research, Corporate Finance, Consulting, Sales & Marketing, Trading, Supply Chain Management, Risk Management, Derivative Trading etc.
 
Major recruiters
Some of the major recruiters this year included the Triton Group, Cognizant Business Consulting, KPIT Cummins, Infosys, Tata Motors, ICICI Bank and Bertling Logistics.
 
First time recruiters
A number of companies like Amazan Agro, Daimler India, ONGC, Johnson & Johnson Medical Systems, Religare, Tata International, Jaypee Capital, ICICI Securities, Cairn Energy, SBI Capital, Gati, GE Corporation, MARG Group, Interglobe, Vistasoft etc. came for the first time to recruit from IIFT.
 
Traditional recruiters
The traditional recruiters like Louis Dreyfus, Nomura Holdings, Tata Motors, Cognizant Business Consulting, KPIT Cummins, Tata Steel, TCS, Wipro, Colgate Palmolive, Reckitt Benckiser, Mahindra & Mahindra, Essar, Bertling Logistics, Bharti Airtel, ITC, HT Media, Axis Bank, ICICI Bank, Titan, Yes Bank, Eli Lilly, Maersk, Britannia, Infosys, Cargill India, etc. were back on campus.
 
International placements
International placements were flagged off by Olam International. It offered the highest salary of US$ 150,000 p.a. to three students. In all, over 10% of the batch was made offers to start their career outside of India. International Business and Trading profiles were dominant.
 
Pre-Placement Offers
The placements at IIFT had started on a positive note with about 30% of the batch of 164 students, having Pre-Placement offers and Interviews across its Delhi and Kolkata Campus. Companies making offers included Cognizant Business Consulting, Mahindra & Mahindra, Johnson & Johnson Medical Systems, Tata Steel, Reckitt Benckiser, Colgate Palmolive, Essar, Tata Motors, Louis Dreyfus, ICICI Securities and Wipro amongst others. 30 students accepted these offers while others chose to test their mettle during the placement weeks.
 
Stay tuned to MBAUniverse.com for more news on MBA Placements 2010!