IIFT Placements

IIFT Placements

What is IIFT Exam?

The Indian Institute of Foreign Trade (IIFT), India’s leading business school with campuses in Delhi and Kolkata, has completed final placement for its MBA (IB) 2019-21 class, maintaining its 100% placement record. Despite the increase in batch size, IIFT’s average package and median salary have increased by 3% and 10%, respectively. The IIFT placements attracted 117 firms in the process this year.

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The Indian Institute of Foreign Trade (IIFT) was found out in 1963 by the govt of India as an autonomous organization to assist in professionalizing the country’s foreign trade management and increase exports by developing human resources; generating, analyzing, and disseminating data; and conducting research. IIFT offers a various portfolio of future management programs in International Business namely 2 years full-time MBA (International Business) at New Delhi, Kolkata, Dar-es-Salaam, and now has launched a replacement campus at Kakinada (Andhra Pradesh). aside 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.

1. IIFT Placements 2021: Overview

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, Kolkata, and Kakinada, has completed final Placements 2021 for the graduating batch 2019-21 of its flagship MBA (International Business) program keeping intact the 100% placement record.

Despite a rise in batch size, IIFT has recorded a 3% increase in its average package and a 10% increase in median salary. The placements in 2021 witnessed a higher average salary of Rs 21.08 Lakhs once a year rising from Rs. 20.48 lakhs last year and a better median salary at Rs 20 Lakhs once a year rising from Rs. 18.20 lakhs last year. the very best salary offered was at Rs 46.5 Lakhs once a year, while the highest 25% of students of the batch received a mean salary of Rs 25.22 Lakhs once a year. 117 companies participated in the placements process.

IIFT final placements 2021 with higher average and median salary, alongside the 100% placements for the Summer Internships of 2020-22 completed earlier on, mark a big achievement in these challenging times thanks to the spread of the Covid pandemic.

IIFT Exam: Important Dates, Application Form, Eligibility, Cut-Off

2. IIFT Placements 2021: Key Highlights

IIFT has been one of the foremost preferred hiring destinations for top recruiters within the country due to its rigorous course curriculum and really competitive batch. Key highlights within the IIFT Placement season 2021 are:

  1. Average Salary up by 3% and Median Salary up by 10% ( Exact 9.9%)
  2. Average Salary in Placement 2021 goes up at Rs.21.08 LPA from Rs.20.48 LPA last year
  3. Median Salary goes up to Rs.20 LPA in Placement 2021 from Rs.18.20 LPA last year
  4. No. of Recruiters increased to 117 in Placement 2021 from 107 last year
  5. The highest salary in placement 2021 goes up marginally at Rs.46.50 LPA from Rs.46.45 LPA last year
  6. Top Recruiters include KPMG, Bajaj Finserv, Airtel, Eli Lilly, GSK, HUL, ITC, Tata Steel, Bain Capability, Cognizant, McKinsey, Wipro, Goldman Sachs, JP Morgan, GE, HSBC, Yes Bank
  7. Sales & Marketing emerges top recruiting domain with 24% offers

Speaking on the successful completion of placement season 2021, Prof. Manoj Pant, Director, IIFT said “IIFT offers the simplest of the talent available within the country to the company sector and therefore the Indian and multinational businesses, in turn, have continued to point out faith and confidence in our graduates by making the simplest offers to them.”

IIFT Preparation

3. Key Trends in IIFT Placements

Last 5-year IIFT Placements record:

Placement Year
Average Salary (Rs. in lakhs)
Highest Domestic Salary (Rs. In Lakhs)
Placement 2021
21.08
46.50
Placement 2020
20.48
46.45
Placement 2019
20.07
NA
Placement 2018
19.23
29.00
Placement 2017
18.41
26.00

4. Recruiters in IIFT Placements

117 marquee companies made offers to the massive batch size in IIFT placement 2021. a number of the highest recruiters who recruited in several domains include Angel Broking, Alpha Alternatives, Bajaj Finserv, KPMG, S&P Global, ShangriLa Corporate Services, Thoucentric, United Breweries, VOIS, Welspun, Xiaomi, ZS Associates, Airtel, Amway, Bajaj Auto, Cipla, Dabur, Eli Lilly, GSK, HUL, ITC, L’Oréal, Paytm, RPG, Tata Steel, Bain Capability, Cognizant, Infosys Consulting, KPMG, McKinsey, Michael Page, Praxis Global Alliance, Thoucentric, Wipro, Citibank, DE Shaw, GE, Goldman Sachs, HDFC Bank, HSBC STG, ICICI Bank, JP Morgan & Chase, Silverdale, Synergy Consulting, Yes Bank, DCM Shriram, Microsoft, Polestar, Dabur, Trafigura among others

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5. First-Time Recruiters in IIFT Placements

IIFT Placement 2021 number of first-time recruiters. They included Angel Broking, Alpha Alternatives, Bajaj Finserv, BenQ, Healthians, KPMG, LogiNext Solutions, S&P Global, ShangriLa Corporate Services, Thoucentric, United Breweries, _VOIS, Voxco, Welspun, Xiaomi, Yellow Messenger, ZS Associates among others

6.Sectoral & Domain wise Placements

IIFT students received offers from across all the sectors and domains at higher compensation packages as is clear with the conclusion of the IIFT Placement 2021 season with higher salary packages.

1. Sales & Marketing: 23% Share in IIFT MBA Placement

The Sales & Marketing domain attracted the very best percentage of offers at 24% and witnessed participation from companies like Airtel, Amway, Bajaj Auto, Cipla, Dabur, Eli Lilly, GSK, HUL, ITC, L’Oréal, Medtronic, Paytm, RPG, Signifyand Tata Steel. These companies continued to recruit in large numbers. New recruiters including BenQ, Colgate Palmolive, JCB, United Breweries, and Yellow Messenger also hired big during this domain.

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2. Consulting:75 Offers from Top Recruiters

IIFT placement season 2021 also saw an increase in the number of offers unrolled within the coveted Consulting domain. The share was the very best ever reported by IIFT for a batch. Major consulting firms like Bain Capability Network, BOD, Cognizant, Infosys Consulting, KPMG, McKinsey, Michael Page, Praxis Global Alliance, Thoucentric, Wipro, and ZS Associates amongst others made quite 75 offers.

3. Finance: 22% Share in IIFT Placement

The Finance Sector continued to be a serious recruiting sector with a 22 percent share in IIFT Placement season 2021. Roles like Corporate Treasury, Investment Banking, Risk Management, Wealth Management, Equity Research, and Fintech were offered to the batch. Prominent recruiters during this domain included Alpha Alternatives, Citibank, DE Shaw, GE, Goldman Sachs, HDFC Bank, HSBC STG, ICICI Bank, JP Morgan & Chase, Silverdale, Synergy Consulting, and Yes Bank to call a couple.

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4. IT & Analytics: 55 Offers in Placement

With over 55 offers, IT & Analytics remained a beautiful domain and saw the participation of a mixture of tech giants and start-ups like DCM Shriram, EPIKInDiFi, EXL, Go-MMT, Hexaware, Incture, LogiNext Solutions, Microsoft, Polestar, and S&P Global. Despite the challenges brought by the Covid pandemic, legacy recruiters like Bajaj Auto, Dabur, Goldman Sachs, Google, JP Morgan Chase & Co, ITC, LDC, L’Oréal, Microsoft, and Trafigura demonstrated their faith in IIFT & continued to take care of strong ties by offering a spread of roles.

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