IIFT Placements

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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 founded 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 Master in International Business, New Delhi; Certificate Programme in Export Management, New Delhi.

1. IIFT Placements 2022: Overview

The Indian Institute of Foreign Trade (IIFT), a deemed university and leading autonomous B-school under the aegis of the 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 19.35% increase in its average package and a 20% increase in median salary. The placements in 2022 witnessed a higher average salary of Rs 25.16 Lakhs once a year rising from Rs. 21.08 lakhs last year and a better median salary at Rs 24 Lakhs once a year rising from Rs. 20 lakhs last year. the very best salary offered was 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. 82 companies participated in the placements process.

IIFT final placements 2022 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 2022: 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. The average Salary is up by 19.35% and the Median Salary is up by 20%.
2. The average Salary in Placement 2022 goes up to Rs.25.16 LPA from Rs.21.08 LPA last year
3. Median Salary goes up to Rs.24 LPA in Placement 2022 from Rs.20 LPA last year
4. No. of Recruiters increased to 82 in Placement 2022
5. The highest salary in placement 2022 goes up marginally at Rs.46.50 LPA from Rs.46.45 LPA last year
6. 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
7. Finance emerges top recruiting domain with 23% offers

Speaking on the successful completion of placement season 2022, 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.”

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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

82 marquee companies made offers to the massive batch size in IIFT placement 2022. a number of the highest recruiters who recruited in several 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

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5. First-Time Recruiters in IIFT Placements

IIFT Placement 2022 number of first-time recruiters. They included AAccenture 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

6. Sectoral & Domain wise Placements

IIFT students received offers from across all sectors and domains at higher compensation packages as is clear with the conclusion of the IIFT Placement 2022 season with higher salary packages.

1. Sales & Marketing: 21% Share in IIFT MBA Placement

The Sales & Marketing domain attracted the very best percentage of offers at 21% and witnessed participation from companies 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.

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2. Consulting:25% Offers from Top Recruiters

IIFT placement season 2022 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 Accenture Strategy, Deloitte Consulting, EY, Infosys, Mckinsey & Co, Optum Advisory, Shangrila Corporate Services, Thoucentric, Wipro, and ZS Associates amongst others made quite 25% offers.

3. Finance: 23% Share in IIFT Placement

The Finance Sector continued to be a serious recruiting sector with a 23 per cent 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. Prominent 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 call a couple.

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4. IT & Analytics: 7% Offers in Placement

With over 7% 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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