IIFT Summer Placements 2017-19: 11 percent increase in average stipend

IIFT Summer PlacementsIIFT Summer Placements 2017-19: Indian Institute of Foreign Trade (IIFT), Delhi has completed summer placements for its 2017-19 batch with an increase of 10.48 percent in average stipend. The average stipend offered was Rs. 1.37 lakh as compared to Rs 1.24 lakh last year. As many as 80 companies made offers to 282 students. Nearly 65 percent of the batch was offered a six-figure stipend and 16 companies recruited more than five students each.

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Highlights of IIFT Summer Placement 2017-19

Number of participating students

282

Number of participating companies (Approx.)

80

Average Stipend offered

1.37 Lakh

Increase in Average Stipend

11 per cent

According to IIFT Delhi, some of the major companies who participated in the summer placement at IIFT this year were HUL, ITC, Goldman Sachs, JPMorgan Chase & Co, Godrej Industries (GILAC), Marico, Shell, GE, Dabur, Bain Capability Centre, GSK CH, Google, Amazon, Citibank and Axis Bank. The Tata group (Tata Steel, Tata Motors, Tata Metaliks, Tata International & TCS) made a total of 14 offers. 

 

IIFT Summer Placement 2017-19: Sector-wise placement

 

International Placements –As many as 16 students were offered international roles across Middle East, Africa, Europe, Singapore and Indonesia. The World Trade Organization (WTO) recruited interns for their Geneva office and the Organisation for Economic Co-operation and Development (OECD) offered roles for their Paris office.

 

Finance -  Top recruiters in this domain included Goldman Sachs, JPMorgan Chase & Co, Axis Bank, DBS, GE, Yes Bank, ICICI Bank, RBL, L&T, Piramal Group, Citibank, Indus Valley Partners, Axis Securities and Aviva. Corporate Finance roles were offered by GSK-CH and Boston Scientific-Corporate Finance etc.

 

Sales and Marketing – The domain witnessed a distinctive representation across sectors like FMCG, Telecom, Pharma and Healthcare, Consumer Durables, Media and Advertising, E-commerce, Apparel Retail, Automotive, Iron & Steel manufacturing and Real Estate. Some leading brands which recruited in these sectors are HUL, ITC, Godrej Consumer Products Limited, GSK-CH, Dabur, Marico, Britannia, PPG-Asian Paints, Wipro-CCLG, Raymond, DCM Shriram etc.

 

Media & Advertising - Internship roles in media and advertising sector were offered by Hindustan Times Media among others.

 

Pharma -  Medtronic, Sun Pharma, Boston Scientific, Sanofi-Genzyme hired interns.

 

Telecom - Airtel & Vodafone were the major recruiters in this domain which hired for various roles.

 

Conglomerates - Industry leaders such as Mahindra and Mahindra, Airtel, Godrej Properties, Tata Steel, RPG, L&T, Shell, Bajaj Auto, AkzoNobel, Mattel, Royal Enfield, HP, IBM, Dell and Capgemini offered the General Management roles to the students and brands such as Bain Capability Centre, Synergy Consulting, GEP and CEB (now Gartner) offered Quality Consulting roles.

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Indian Institute of Foreign Trade, Delhi

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Atul Yadav 12 days ago

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Atul YadavLast Seen: 4 days 12 hours agoJoined on: 15-May-2018Education Interest: ManagementEducation Level: Graduate & Above

How good is IIFT executive program?

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Vikas Gaur 12 days ago

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Vikas GaurLast Seen: 2 days 12 hours agoJoined on: 05-Sep-2017Education Interest: MBAEducation Level: Graduate & Above
Hi Atul, IIFT – Indian Institute of Foreign Trade is one of topmost B-schools in the country. Known for its MBA (IB) program, the institute also offers three on-campus Executive PGDM programs - ...Read More
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tabish sniper 24 days ago

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Tabish SniperLast Seen: 3 weeks 2 days agoJoined on: 04-May-2018Education Interest: Degree ProgrammesEducation Level: In Graduation

I want to make my carrier in foreign trade like i want to do job in buying house so please prefer me any best course

I have knoledge about exports

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Alok Mishra 24 days ago

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Alok MishraLast Seen: 1 day 11 hours agoJoined on: 17-Nov-2017Education Interest: Media and JournalismEducation Level: Graduate & Above
  Dear Tabish, Going for MBA in International Business will be the best option for you. Indian Institute of Foreign Trade (IIFT) which was set up in 1963 by the Government of India as a...Read More
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pragya singh 29 days ago

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Pragya SinghLast Seen: 5 hours 43 min agoJoined on: 04-Aug-2017Education Interest: MBAEducation Level: In Graduation

Regarding tissnet! Hello sir/ma'am. I want to get admission in tissnet college Mumbai! Suggest me book for Ga and for iift also.

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subhanshus s 9 days ago

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Subhanshus SLast Seen: 10 hours 13 min agoJoined on: 08-May-2018Education Interest: EngineeringEducation Level: Graduate & Above
Hi Pragya,If you are appearing for IIFT it's taken that you are also preparing for other Management Entrance Examinations like CAT, XAT, etc. The basic preparation for all these exams remain the same....Read More
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Riya 1 month ago

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RiyaLast Seen: 3 weeks 4 days agoJoined on: 11-Feb-2015Education Interest: Degree ProgrammesEducation Level: Graduate & Above

When is the procedure for IIFT, Delhi is starting for the year 2018?

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Ruchika ChauhanLast Seen: 19 hours 46 min agoJoined on: 09-Apr-2018Education Interest: ManagementEducation Level: Graduate & Above
Hi Riya,Indian Institute of Foreign Trade (IIFT), Delhi is the conducting body of IIFT entrance exam 2018.The application form process for IIFT 2018 started from July 25, 2017, onwards and ended on Se...Read More
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Abhaya 1 month ago

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AbhayaLast Seen: 1 week 1 day agoJoined on: 02-Sep-2016Education Interest: MBAEducation Level: In Graduation

Is iift kolkata worth joining? is any sort of discrimination made between delhi and kolkata students during placement?

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Vikas Gaur 1 month ago

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Vikas GaurLast Seen: 2 days 12 hours agoJoined on: 05-Sep-2017Education Interest: MBAEducation Level: Graduate & Above
Hi Abhaya,IIFT is one of the most renowned B-schools in the country. Its trade and finance centric management programs are well-known. The institute works directly under the Ministry of Commerce. Ther...Read More