IIFT Final Placement 2014-16; international placement of 1 crore with 21% increase in domestic salary
Updated on Jan 7, 2016 - 5:13 p.m. IST by Urvashi Dalal
#Indian Institute of Foreign Trade, Delhi
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The Indian Institute of Foreing Trade, Delhi completed its final placement process for the MBA-IB batch of 2014-16 placing 254 students across divisions and profiles in various companies.

The highlight of the placement process was the remuneration of more than Rs. 1 crore (USD1,50,000) for international placement and Rs. 29 lacs as the highest domestic salary. There has also been an increase of 21% in the highest domestic compensation offered.

 

One fourth of the batch received pre placement offers, which is 36% increase compared to last year. Few of the recruiters this year were Amazon, Cognizant Business Consulting, JP Morgan, Vodafone, IDFC Bank, Wipro, HCL, ICICI Bank etc.

 

Some of the first timer recruiters in the IIFT Final Placement 2014-16were Nivea, Pernod Ricard, 3M, British Telecom, Tata Sky, Synergy Consulting, General Motors, TGI Group, IDFC Bank and many more. Recruitments were made across the domains and sectors in Banking, Financial services and Insurance (BFSI), resulting in hiring of 25% of the batch. Goldman Sachs, JP Morgan, Citibank, ICICI Bank, Axis Bank, Edelweiss, Nomura, IDFC Bank, Religare etc., offered roles under finance domain.

 

International Placements, in the final placement of IIFT 2014-16, were offered across locations like Tanzania, Nigeria, Middle East, Thailand and Hongkong. These roles were offered by Olam International, TGI Group, Bhatia Brothers, Bajaj Auto, Godrej along with some trade recruiters like AluZinc Asia, Louis Dreyfus, Swiss Singapore etc.

 

In the Sales and Marketing domain, profiles in FMCG, Pharma and Healthcare, E-Commerce, Telecom, Apparel Retail, Iron and Steel manufacturing, Automotive, Consumer Durables were offered by ITC, Godrej Consumer Products Limited, Nivea, L’Oreal, 3M, Britannia, TATA Motors, Maruti Suzuki India Ltd., TATA Steel, Madura Fashion and Lifestyle, etc.

 

Conglomerates such as TATA, Godrej Industries, Mahindra and Mahindra, Airtel, Raymond, Welspun, Trident, Concentrix etc. offered their leadership and strategy roles to IIFT students. Consulting giants Deloitte, GeP, Cognizant Business Consulting, CEB etc. offered their coveted roles to IIFTians. Global Top-5 Executive Search firm, Russell Reynolds, continued to hire exclusively from IIFT.

 

Technology giants like Google, HP, SAP India, IBM, Hexaware and Adobe made their presence felt at IIFT. Few of the e-commerce recruiters included Flipkart, Amazon, ShopClues, CarDekho, Bluestone, Play Games24x7 etc. Telecom giants Airtel, Vodafone, Idea continued their valued association with IIFT.

 

Dr. Surajit Mitra, Director of IIFT observed “The best from the global industry continued to place their faith in the exceptional quality of students of IIFT. This is the result of 52 years of continued excellence in academics supported by a vibrant alumni community”.

 

First published on January 7, 2016

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