Keeping its flag flying high, Indian Institute of Foreign Trade (IIFT) has again achieved 100% placement in final campus placement 2015 with high national and international salary packages. The placement process 2015 at IIFT has been one of the fastest ones among the B schools in the country. In fact number of top rated B schools have not been able to complete the placement 2015 although the same was started in the months of November-December 2014. Feeling happy on the fast completion of placement 2015 in the economic slowdown, Dr. Surajit Mitra, Director of IIFT attributes the achievement to contributions made by faculty and observes “Industry stalwarts have yet again chosen IIFT as their preferred talent pool. The continued rise in offers per company, highlights the perfect alignment of our course structure with industry requirements. Thanks to the contributions made by our faculty which have helped IIFTians reach these heights”.
IIFT has indicated its standing as one of the leading B‐Schools of the country by concluding final placements for the Batch of 2013-2015 in record time. The highlight of the Placement Process is the rise in foreign offers to 13 this year. Foreign companies based in US, Singapore Middle-East, Nigeria & Australia have opted for IIFTians
High National & International Packages
The highest salary has gone up to US$ 110000 by a US based company, while the highest domestic salary is above Rs. 24 lakhs
More recruiters
In all 69 recruiters made offers for the largest ever batch of 219 students with 20% rise in the highest compensation offered. Close to quarter of the batch received PPOs (48% rise vis a vis last year), reflecting the immense demand for IIFT graduates in the corporate world.
Top Recruiters at IIFT
Sales & Marketing
IIFT has retained its edge in Sales and marketing with marquee names like ITC, Godrej Consumer Products Limited, L'Oreal, Britannia, Wipro Consumer Care, Tolaram Group, TATA Motors, Bajaj Auto, TATA Steel, Madura Fashion and Lifestyle, Titan, HT Media. Healthcare and pharmaceutical giants reaffirmed IIFT’s strength in International Business, with students bagging profiles across domains at Eli Lilly, Cipla, Zimmer, Indegene Lifesystems and Bioxcel.
Conglomerates
Mahindra and Mahindra, Godrej Properties, RPG, Cipla, Airtel, L&T, Robert Bosch and Raymond offered their leadership and strategy roles to IIFTians.
Consulting
IIFT made giant strides in the Consulting domain with the prestigious Clinton Health Access Initiative offering their highly coveted role in healthcare consulting. Deloitte, PwC, Cognizant Business Consulting, Infosys Management Consulting Services, Actuate Business Consulting and Stellium Consulting made up the other consulting recruiters on campus. Global Top-5 Executive Search firm, Russell Reynolds, continued to hire exclusively from IIFT.
Finance
IIFT`s innate strength in finance reflected by the presence of organisations like Goldman Sachs, JP Morgan, Nomura, Bank of America, Citibank, Citi Services India Limited, Royal Bank of Scotland, HSBC, HDFC, ICICI Bank, Axis Bank, Indus Valley Partners, Edelweiss, TATA Capital, Aviva. Vodafone, Flipkart and Wipro offered roles in corporate finance.
IT & e-commerce
The campus continued to be the preferred destination for Technology majors like Google, HP, Dell, Lenovo, SAP India, IBM and Interglobe. The e-commerce sector hired aggressively across profiles, with names like Amazon, Flipkart, Snapdeal, PayTm, mjunction, Shopclues, Zopper all vying to recruit from IIFT.
IT/ITes firms like HCL, TCS, Wipro, KPIT and TATA Advanced Systems Limited made their presence felt offering a wide gamut of roles to IIFTians.
International Placement
International placements remained robust, with remarkable rise in offers across locations such as Beijing, Melbourne, San Francisco, Dubai, Moscow, Bangkok, Singapore & Nigeria. IIFT reinforced its standing as one of the best trade schools in Asia with roles offered by prominent recruiters in trade like Louis Dreyfus, Glencore, AluZinc Asia, Phoenix Commodities and Vital Solutions Singapore. Maersk Line & Sharaf Shipping also offered niche shipping roles to IIFTians.
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 Internationa Business namely 2 yeasr 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.
Related Article
IIFT 2011 entrance exam on Sun, Nov 27; application deadline Sept 5
IIFT Delhi Admissions 2014, Placements, IIFT 2014 exam
IIFT 2013 Exam pattern and IIFT Paper pattern
Placements 2013: Median salary up by 9% at IIFT
Stay tuned to MBAUniverse.com for more updates on IIFT New Delhi
