IIFT Completes its Final Placements with over
9 % increase in median salary


New Delhi 15 March 2013 : The Indian Institute of Foreign Trade has once again reinforced its stand as one of the elite B-Schools of the country by concluding its final placements on a higher note despite the sluggish economic conditions. With 74 recruiters visiting the campus, the highest domestic salary stood at 22 lac. p.a.

46 students bagged pre-placement offers through their summer internships with companies such as Goldman Sachs, Nomura Holdings, Procter& Gamble, Reckitt Benckiser, Mahindra & Mahindra, ITC, Godrej, DBS, Colgate Palmolive, Citibank, Britannia, CEB and TATA Group.

"It was very encouraging to witness increased confidence of recruiters in brand IIFT with 34 new recruiters across various sectors." says Mr. Munish Bhargava, Corporate & Placement Advisor.

Golman Sachs was the largest recruiter in the finance sector with 8 offers. Other premium recruiters include Citibank, Crisil, HSBC, ICICI Bank and Indus Valley Partners Vodafone and Wipro offered roles in corporate finance.

A majority of students were offered roles in the Sales and Marketing sector with companies from varied sectors of the industry recruiting for this domain. ITC emerged the largest recruiter in the FMCG space with seven offers. Telecom majors such as Airtel, Vodafone & Idea, recruited students for multiple profiles. . All auto majors made their presence felt with students bagging varied profiles with Tata Motors, Hero Motor Corp, Maruti, and Bajaj Auto.

Recruiters such as Cipla, Mahindra & Mahindra, RPG, Raymonds and Jindal Steel offered leadership and strategy roles while the consulting domain saw participation from PwC, KPMG, Cognizant Business Consulting, CEB, Amrop Consulting among others.

Google, a first time recruiter at IIFT and Flipkart recruited highest number of students in the technology and ecommerce space with other notable recruiters including Amazon, Dassault Systems, Intergloble and TATA Advanced Systems Limited.

Others notable recruiters include Madura F&L, AT Foods, SAB Miller, Titan, IOCL, Power Grid and PFC.

Dr. Surajit Mitra, Director of IIFT quoted: "While stepping into the golden jubilee year, IIFT has emerged as an institution known for the rigour of its holistic MBA program with a focus on International Business. The various opportunities available to students with corporate giants underscore IIFT's ever-growing influence in today's highly competitive and dynamic business environment."

IIFT has leveraged its niche - Trade & International Business with global trade powerhouses such as Stemcor, Glencore, Swiss Singapore, Tricon Energy, Sharaf Group and Valency International offering both domestic and international roles in trading, supply chain and logistics with geographies spanning Africa, Middle East and South-East Asian countries.
 

Source: By E-mail (March 15, 2013)

Published on IndianMBA.com on March 15, 2013

 

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