Surajit Mitra, director of IIFT, said, "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."
Indian Institute of Foreign Trade (IIFT), New Delhi placement drives were a huge success this year as there are four students of IIFT who managed to grab Rs 1 crore-plus packages. The domestic package is up by 21% at Rs 29 lakh per annum. With 100% placement at the B-school, the average package is Rs 18.01 lakh this year.
The B-school-IIFT has completed the placement process of the largest batch ever which have 254 students in just seven days
One-fourth of the batch received pre-placement offers (PPOs), a 36% rise vis-a-vis last year. 15 international roles were also offered this year whereas last year this number was only 13.
A long list of companies visited IIFT’s campus and some of the top recruiters who managed to hire a lot of IIFT students this year includes:
- Cognizant Business Consulting
- JP Morgan
- State Bank of India
- Goldman Sachs
- IDFC Bank
- ICICI Bank
The Technical companies also participated in the drive and ended up recruiting a large number of students. The list includes following companies
- SAP India
E-Commerce sector also hired aggressively from IIFT, New Delhi. Some of the names are:
- Play games24x7.
There were some new faces too in the crowd. The companies who recruited from IIFT, New Delhi for the very first time are:
- Pernod Ricard
- British Telecom
- Tata Sky
- Synergy Consulting
- General Motors
- TGI Group
- IDFC Bank
In this race the banking, financial services and Insurance (BFSI) sector managed to hire 25% of the batch making itself one of the largest recruiting sector.
"International placements remained firm with stupendous rise in offers across locations such as Tanzania, Nigeria, Middle East, Thailand and Hong Kong. International roles were offered by Olam International, TGI Group, Bhatia Brothers, Bajaj Auto and Godrej among others. IIFT reinforced its standing as the best trade school in Asia with roles offered by reputed trade recruiters like AluZinc Asia, Louis Dreyfus and Swiss Singapore," said Sanjay Verma, placement advisor.