IIFT Delhi Placements
The Indian Institute of Foreign Trade (IIFT) with its campuses at Delhi, Kolkata and Kakinada has emerged as the first and the fastest premier B-School in the country to complete final Placements 2019 for the graduating batch 2017-19 of its flagship MBA (International Business) programmed keeping intact the 100% placement record.
Indian Institute of Foreign Trade (IIFT) has concluded Placement 2019 for a large batch of 279 students with higher average salary, more international offers carving a new position in the global scenario. Average salary in IIFT Placement 2019 has gone up at Rs.20.07 lakhs
Speaking on the fastest and successful placement season 2019, Prof. Manoj Pant, Director, IIFT said “The quality of our students, the academic rigour and the premium we place on cultivating relationships with our recruiters are the reasons behind this continued success.”
The Placement 2019 has concluded even before the IIFT entrance exam 2018 result declaration for admission to MBA (IB) 2019-21 batch.
IIFT Breaks its Own Record in Final Placements
One of the key features in the Placement 2019 at IIFT is that earlier the final placements at this coveted institute used to be completed in the months of February/March and this is probably the first time that the final placements 2019 are over in December 2018.
Final Placements 2019: Over Before Entrance Exam Result
Going by the past trends IIFT entrance exam result was announced in the last week of December and the placements were concluded one or two months later. However, for Placement 2019, the pattern is changed and the placements are over before the IIFT result declaration. It is expected that the result for IIFT 2018 entrance exam which was held on December 2, 2018 is to be declared on December 28 or 29.
Placement 2019 Highlights
- Large batch size of 279 Students
- 98 Companies including 32 new recruiters made placement offers
- Average Compensation up at Rs.20.07 lakhs from Rs.19.23 lakhs last year
- Highest salary offered crossed Rs.1 Crore
- Many students received package of Rs.75 Lakhs Per Annum
- 93 PPOs were offered
- More International Offers were received
The median compensation for the placement 2019 also rose to 18 LPA from 17LPA. The highest salary offered overall crossed Rs. 1 crore with several students receiving compensations of over Rs. 75 LPA.
The batch size for placement 2017-19 constituted 279 students as against 288 students in placement 2018. The batch size had 258 students in 2017; 254 students in 2016 and 219 in 2015. The Final Placement Process for the batch of 2017-19 witnessed active participation from the recruiters across sectors and industries in all domains
93 PPOs from Major Recruiters
The placement season was buoyed by 93 PPOs offered by major recruiters such as ABFRL, Airtel, Amazon, Axis Bank, Bajaj Auto, Bain Capability Network, Britannia, Citibank, GE, GEP, Godrej, Goldman Sachs, HP, HT Media, IVP, ICICI, Infoedge, ITC, JPMC, KPMG, Louis Dreyfus, Maersk Line, Marico, OfBusiness, Piramal, PPG Asian Paints, Royal Enfield, RPG, Shell, Synergy Consulting, Tata Metalliks, Tata Steel, Tata Motors, Wipro Technologies and Yes Bank.
32 First Time Recruiters
IIFT Placement 2019 witnessed 32 first time recruiters. They included Aegis Resources, Axtria, Bata, DE Shaw Group, Epik InDiFi, Enhance Group, Export Trading Group, Fermenta Biotech, Field Fresh Foods, Go-MMT, HomeCredit, Lenskart, United Health Group, Paytm, Polycab, Rivigo, Roland Berger, Samunnati Finance, Tata Global Beverages, Tresvista Financial Services and Zomato. GE Healthcare opened its coveted Commercial Leadership Program for the first time.
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 Placement 2019 season so early at IIFT.
Trade & International Business
True to its education domain of MBA (IB), IIFT achieved new milestones in International Placements. Not only this, IIFT outdid itself in its niche of Trade and International Business with recruiters like African Industries Group, ADM, Aegis Resources, Export Trading Group, Olam International, Tolaram, Trafigura, participating in the recruitment process and offering positions across Africa, Middle East and South-East Asia.
In the Consulting domain, top-tier strategy consulting firm Roland Berger visited campus for the first time and made multiple offers for front-end roles.
Bain Capability Center, Cognizant Business Consulting, Deloitte, Infosys Management Consulting, i3 Consulting and KPMG were among the major recruiters that offered consulting roles
General Management & Strategy
Companies like Airtel, Murugappa Group and Fermenta Biotech offered positions in General Management and Strategy.
IIFT Delhi Placements in Finance
In the Finance domain, Citi Bank, CRISIL, DE Shaw Group, Epik InDiFi, HomeCredit, HSBC, ICICI Bank, Indus Valley Partners, JPMC, L&T, Rivigo, Samunnati Finance, Syngenta AG, Tata Motors, Tresvista Financial Services and Yes Bank offered roles across Financial Operations, Investment Banking, Credit Risk Analysis, Corporate Finance, FinTech.
IIFT Delhi Placements in Sales & Marketing
For Sales and Marketing, the institute had a varied mix of recruiters like ABFRL, Airtel, Bajaj Auto, Bata, Dell, Enhance Group, Field Fresh Foods, GAIL, Games 24*7, GE, HP, HT Media, Infoedge, Jain Irrigation, Lenskart, Mother Dairy, OYO, Polycab, Raymond, Rivigo, Swiggy, Tata Sky, Tetrapak, TGBL, Value Labs, Zomato.
IIFT Delhi Placements IT
Axtria, Capgemini, Hexaware, IBM, Genpact, Google, Info Edge, Value Labs, Wipro Technologies, etc, offered roles in the IT domain. Several companies such as Go-MMT, EXL Services, OYO, Paytm, United Health Group, etc. offered coveted roles such as product manager, revenue manager, analytics manager.
IIFT Delhi Placements in Operations & Logistics
Operations and logistics saw an increase in intake with companies like Amazon, Maersk Line, Freight Tiger, Rivigo making offers.