IIFT placements see 15 per cent rise in average salaries

The highest domestic CTC stood at Rs. 24 lacs per annum.

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IIFT placements see 15 per cent rise in average salaries

IIFT final placement conducted at its Delhi and Kolkata campus recently for the MBA in International Business program saw a rise of 15 per cent in its average CTC from last year.

In all 85 recruiters including 46 first time recruiters made offers for 200 students of the graduating class of 2014 maintaining the record of 100 per cent placements reported a news website. The highest domestic CTC stood at Rs. 24 lacs p.a.

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The institute witnesses 32 Pre Placement Offers and another 09 offers through corporate competitions across B?Schools.A number of top trading firms (two of the top four) offered commodity trading profiles exclusively to students of IIFT.

A few highlights from IIFT placements 2014

Compared to the summer placements, consulting had a fair share this time. Finance, which during summers, saw hiring across MNC banks as well as Indian financial services companies, this time sees hiring mainly from MNC banks. The hiring is across profiles, showing IIFT's maturing as a campus).
Google, Amazon, Flipkart ruled the domain of E-commerce recruiting from this campus.
Google started recruiting from the summer placements (2013), and they have continued recruiting from IIFT.
Two of the Global Top 4 trading firms, called the 'ABCD' of Trade, namely, Bunge and Louis Dreyfus offered commodity trading profiles exclusively to IIFTians
Mid & Senior Management roles were offered to laterals candidate like Senior Manager, Strategy(TATA NYK), and Regional Sales Manager(Sproxil) were offered at IIFT
Russell Reynolds, among the world's Top 5 Executive Search Firms hired exclusively from IIFT
HCL(14), Flipkart(11), Cognizant Business Consulting(9), Goldman Sachs(8), Google(6), Nomura(6), ITC(5) recruited big numbers from the Class of 2014
The number of International Offers(12) at IIFT increased significantly over the last year. Roles offered were across The Middle East, Africa, Singapore, Indonesia and Malaysia
A variety of roles across domains were offered by Healthcare and Pharmaceuticals(the sunrise sector) giants including 4 Fortune 200 majors. Technology & E-commerce majors viz. Amazon, Google, Nokia, SAP, Flipkart, offered prominent roles across domains.