IIFT MBA Placement 2022: Average Salary Up by 19% at Rs. 25.16 Lakhs; Accenture, EY, Deloitte, GSK, hire big

MBAUniverse.com News Desk |
February 14, 2022
The Indian Institute of Foreign Trade (IIFT), highly ranked top B-school in India with campuses at Delhi and Kolkata, has completed final placement 2022 for its MBA (IB) 2020-22 batch keeping intact the 100% placement record. Despite an increase in batch size, IIFT has recorded 19.35% increase in its average package which has gone up at Rs.25.16 LPA from Rs.21.08 LPA last year. 82 Companies participated in the IIFT placements process this year.
IIFT Placement 2022

The Indian Institute of Foreign Trade (IIFT), a deemed university and leading autonomous B-school under the aegis of Ministry of Commerce, Govt. of India and having campuses at Delhi, and Kolkata, has completed 100% final Placements 2022 for the graduating MBA (IB) 2020-22 batch with a 19.35% rise in average salary which has gone up at Rs.25.16 LPA from Rs. 21.08 LPA last year.  

IIFT Placement 2022 witnessed 82 companies, an average CTC of Rs 25.16 Lakhs per annum and the median CTC at Rs 24 Lakhs per annum. The highest international CTC offered stood at Rs 80 Lakhs per annum, while the highest domestic CTC stood at Rs. 46.5 Lakhs per annum. The top 25% students of the batch received an average CTC Rs 34.3 LPA.

IIFT is consistently ranked as one of the top destinations for premium recruiters in the country. IIFT final placements 2022 with higher average and median salary, along with the 100% placements mark a significant achievement in these challenging times due to the spread of Covid pandemic.  

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IIFT Placement 2022: Key Highlights

IIFT has been one of the most preferred hiring destinations for top recruiters in the country owing to its rigorous course curriculum and very competitive batch.  Key highlights in the IIFT Placement season 2022 are:

  • Completes 100% Placements
  • Average Salary up by 19.35% at Rs.25.16 LPA from Rs.21.08 LPA last year
  • Median Salary goes up to Rs.24 LPA in Placement 2022 from Rs.20 LPA last year
  • Highest Domestic Salary stood at Rs.46.50 LPA
  • Highest International Salary stood at Rs.80 LPA
  • Average salary for Top 25% students increased at Rs 34.3 LPA
  • Total Recruiters in Placements 2022 were 82
  • Finance emerges as the top recruiting domain with 23% offers
  • Top Recruiters include Accenture Strategy, Deloitte Consulting, EY, Infosys, EXL, Mckinsey, Reliance, Godrej, Goldman Sachs, Google, ITC, JP Morgan Chase & Co, L’Oréal, Microsoft, Shangrila, Tata Steel, Trafigura, Wipro, ZS Associates, Dell Technologies, Citibank, Crisil, DE Shaw, HDFC Bank, HSBC

Speaking on the successful completion of placement season 2022, Prof. Manoj Pant, Vice Chancellor, IIFT Deemed University, said, “The corporate sector has continued to show faith and confidence in our graduates by making the best offers to them. The Institute continues to have a place of pride amongst the leading B-Schools of the country and a front runner in the field of international business.”

Key Trends in IIFT Placement 2022
Below are shared the key placement trends of last 5 years

Placement Year
Average Salary (Rs. in lakhs) 
Highest Domestic Salary (Rs. In Lakhs)
Placement 2022
Placement 2021
Placement 2020
Placement 2019
Placement 2018

Top Recruiters in IIFT Placement 2022
82 marquee companies made offers to the large batch size in IIFT placement 2022. Some of the top recruiters who recruited in different domains include Accenture Strategy, Deloitte Consulting, EY, Infosys, EXL, Mckinsey & Co, Optum Advisory, Reliance, Godrej, Goldman Sachs, Google, ITC, JP Morgan Chase & Co, L’Oréal, Microsoft, Shangrila Corporate Services, Tata Steel, Trafigura, Thoucentric, Wipro, ZS Associates, Dell Technologies, Citibank, Crisil, DE Shaw,  HDFC Bank, HSBC, ICICI Bank, State Street, Synergy Consulting, Yes Bank, Bajaj Auto, Cipla, Dabur, GSK, Paytm, RPG Group, Signify, TCPL, Asian Paints, Emami, HCCB, Mars, Axis Bank,  GPL, JSW, Narayana Health, State Street, ETG, OfBusiness, Olam Agro, Varroc, CarDekho, EPIKInDiFi, Games24X7, Google, Go-MMT, Jio Platforms, Hexaware, Nucleus Software, Searce, Unacademy, Voxco, Olam among others

New Recruiters in IIFT Placement 2022
In Placements 2022, IIFT built new associations with reputed brands including Accenture Strategy, Asian Paints, AU Small Finance Bank, CarDekho, Dell Technologies, Deloitte, Emami, EY, HCCB, Jio Platforms, Mars, Narayana Health, NFIL, Nucleus Software, Optum, RBL Bank, Searce, State Street, Udaan, Unacademy amongst others

Sectoral & Domain wise Placements
IIFT students received offers from across all the sectors and domain at higher compensation packages as is evident with the conclusion of the IIFT Placement 2022 season with higher salary packages.

Consulting: 25% Share in Placements 2022
IIFT placement season 2022 saw number of offers rolled out in the coveted Consulting domain with a 100% increase in management consulting offers. Major consulting firms included Accenture Strategy, Deloitte Consulting, EY, Infosys, Mckinsey & Co, Optum Advisory, Shangrila Corporate Services, Thoucentric, Wipro, ZS Associates among others, attracting the highest percentage of offers at 25%.

Finance: 23% Share in IIFT Placement 2022
The Finance Sector continued to be a major recruiting sector with 23 percent share in IIFT Placement season 2022. Roles like Corporate Treasury, Investment Banking, Risk Management, Wealth Management, Equity Research and FinTech were offered to the batch. Eminent recruiters in this domain included Citibank, Crisil, DE Shaw, Goldman Sachs, HDFC Bank, HSBC, ICICI Bank, JPMorgan Chase & Co, State Street, Synergy Consulting and Yes Bank to name a few.

Sales & Marketing: 21% Share in IIFT MBA Placement 2022
The Sales & Marketing domain received 21% offers and witnessed keen participation from brands like Bajaj Auto, Cipla, Dabur, GSK, ITC, L’Oréal, Paytm, RPG Group, Signify, TCPL who continued to recruit in large numbers, alongside new recruiters including Asian Paints, Emami, HCCB, Mars amongst others.

General Management: 10% Share in IIFT Placement 2022
The coveted General Management & Strategy domain also witnessed 10% offers, from companies including Axis Bank, ICICI Bank, GPL, JSW, Narayana Health, Reliance, and State Street.

Trade & Operations: 5% Offers in IIFT Placement 2022
Trade and Operations witnessed an increase to 5%, with offers made for Global Management Trainees. Prestigious recruiters such as ETG, OfBusiness, Olam Agro, Tata Steel, Trafigura, Varroc extended offers.

Product Management and IT/Analytics: 9% & 7% Offers
The Product Management and IT/Analytics domains remained attractive with 9% and 7% offers respectively. They saw the participation of a mix of tech giants and start-ups like CarDekho, EPIKInDiFi, EXL, Games24X7, Google, Go-MMT, Jio Platforms, Hexaware, Microsoft, Nucleus Software, Searce, Unacademy, Voxco and many others.

Riding the wave of a stabilizing economy, IIFT saw legacy recruiters such as Axis Bank, Bajaj Auto, Citibank, ETG, Godrej, Goldman Sachs, Google, ITC, JP Morgan Chase & Co, L’Oréal, Microsoft, Olam, RPG Group, Tata Steel, Wipro and ZS Associates taking a good number of IIFT students.

Prof Rohit Mehtani, Head of the Corporate Relations and Placement Division at IIFT, thanked the business organizations that participated in the placement process this year and assured them that the talent nurtured by the Institute will become an integral part of their growth story.

The Indian Institute of Foreign Trade (IIFT) was set up in 1963 by the Government of India as an autonomous organisation to help professionalize 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 management programmes in International Business namely 2 years full time MBA (International Business) at New Delhi, Kolkata, and also proposes to launch a new campus at Kakinada (Andhra Pradesh). Apart from MBA (IB), IIFT offers 3 year MBA (International Business) (Part-Time) at 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 Indian Institute of Foreign Trade (IIFT)