IIFT batch signs off with highest salary of Rs 19 lacs

IIFTians are the most sought-after in the corporate world today as they have over the years demonstrated strong analytical skills, strategic thinking and breadth of knowledge to hit the ground running in any industry.

This has been reaffirmed in the Final Placements of the batch of 2005-07. More than 80 companies agreed to participate in the process to recruit a batch of 115 students, with students landing plum offers from the crème de la crème of 41 recruiters.

Lehman Brothers, UBS, DTZ, Citigroup, Standard Chartered, Yes Bank were the prominent recruiters in the Banking and Financial Services domain. The Marketing arena was represented by companies like Bharti, Colgate-Palmolive, ITC, Nestle, SAB Miller, Glenmark and many more. Olam International and Backes & Strauss made international offers apart from offers from Australian Wheat Board for their Trading operations. The booming IT/ITeS sector was represented by Accenture, IBM, Cognizant, and Infosys among others. Placements 2007 have been unrivalled in the history of the institute.

The placement day started with less than the full strength, as 20 pc of the batch had already received pre-placement offers well before the placement week started. With the recruiters including companies from sectors such as FMCG, banking, consulting, trading, IT, pharmaceutical, trading and logistics, the average package offered this year was INR 9.3 Lakhs.

The highest international offer was $100,000 while highest domestic offer was of INR 19.2 lakhs

Summer placements at IIFT (Delhi & Kolkata)

The Summer Placement process for the batch of 2006-08 was a resounding success and set a positive and ambitious tone for all placement activities that were to follow. 153 students (93 in Delhi and 60 in Kolkata) were placed in diverse sectors across FMCG, Consulting, Banking and Financial Services, Trading, Pharmaceutical, IT & ITES and Advertising.

An indicator of the growing confidence in IIFT is the list of new recruiters which included the league of HSBC, Cadbury, GE Money, SAB Miller, SAP Value Engineering, Max New York Life, Avalon Consultancy and NCDEX, amongst many others.

Students will be pursuing their internship at revered organizations like American Express, Merrill Lynch and Price Waterhouse Coopers. Regular recruiters like HLL, Colgate Palmolive, ITC, Glenmark, Australian Wheat Board, Dabur, Nestle, Coca Cola, ICICI Bank, UTI and Genpact reaffirmed their association with the institute.

The IT sector was well represented by majors including Cognizant Technology Solutions, KPIT Cummins, US Technologies, Wipro and others.

The remarkable growth in both the number of companies and the diversity of profiles bears testimony to the confidence reposed in the institute by India Inc.

Read Next