IIFT Delhi Concludes Final Placements for MBA (IB) batch 2013Last Updated On: 01 Apr 2013*The Indian Institute of Foreign Trade (IIFT), Delhi *has successfully completed its final placement process for the MBA (IB) batch 2013 with the highest …
IIFT Delhi Concludes Final Placements for MBA (IB) batch 2013
Last Updated On: 01 Apr 2013
The Indian Institute of Foreign Trade (IIFT), Delhi has successfully completed its final placement process for the MBA (IB) batch 2013 with the highest domestic salary of 22 lakhs. The placement season at IIFT drew to a grand close this year to deliver outstanding professional talent into the marketplace. This year over IIFT Delhi witnessed 74 companies out of which 34 companies are first time recruiters. The first time recruiters include Amazon, AT Foods, Cipla, Colgate Palmolive, Crisil, Dassault Systems, DBS, GCPL, Glencore Agri, Google, Maruti Suzuki, PwC, Sharaf Group, Swiss Singapore (ABG), TASL and Trident
Pre Placement Offers:
IIFT saw the highest number of Pre Placement Offers ever with 46 students, up by more than 100 percent, receiving offers from industry stalwarts including AT Foods, Britannia, CEB, Citibank, CBC, Colgate Palmol-ive, DBS, Flipkart, GCPL, Goldman Sachs, ITC, Madura F&L;, Mahindra & Mahindra, Nomura Holdings, Procter & Gamble, Reckitt Benckiser, Tata Motors, Tata Steel and Vodafone.
Key Highlights:
Amazon made the highest domestic offer of 22 Lakhs
Highest International offer was made by Swiss Singapore, an Aditya Birla Group company
Tata Group firms made a total of 20 offers on campus 46 students received pre-placement offers, the highest ever number at IIFT
The median salary saw a steep rise of 9%
Placement Statistics:
Batch Strength
210
Number of Companies that made offers
74
First Time recruiters
34
Average Overall CTC
Rs. 12.40 Lakhs
Highest Domestic CTC
Rs. 22 Lakhs
Average International CTC
USD 38,309
Lowest CTC
Rs. 6.42 Lakhs
Sectoral overview:
Sales & Marketing:
Marketing & Sales offers continued their up-ward trend at IIFT and the institute yet again attracted the biggest names in this domain. ITC made the largest number of offers as 7. FMCG majors- Britannia, Colgate Palmolive, Emami, Godrej, ITC, Reckitt Benkiser, SAB Miller and VVF offered Sales & Marketing profiles. Telecom Majors like Airtel, Idea and Vodafone offered multiple profiles. Madura Fashion & Lifestyle and Sharaf Group Dubai offered roles in both domestic and international retail.
Finance:
Finance placements saw a high at IIFT this year with students bagging offers from inter-national banks and financial institutions. Goldman Sachs, HSBC and Nomura holdings offered profiles in investment banking, treasury and risk management. Citibank, HDFC and ICICI offered roles in risk management, commercial banking and operations and technology. Crisil, DBS and PFC were first time recruiters at IIFT offering roles in credit rating, equity research and commercial banking. Vodafone and Wipro offered their corporate finance profiles.
General Management & Strategy:
The deep functional expertise of the students at IIFT coupled with the flexibility of the MBA (IB) program provided the perfect recipe for a career in general management and strategy. Conglomerates like Mahindra & Mahindra, RPG and Trident Group offered their coveted leadership and group management roles. Cipla and ACG-PAM Worldwide offered first time strategy and leadership roles in the pharma sector. Jindal Steel, Raymonds and Tata Advanced Systems limited offered strategy roles in the power, retail and manufacturing domains respectively.
Consulting:
IIFT made giant strides this year in the consulting domain with a number of industry leaders showing renewed interest. High profile recruiters include the likes of CEB, Cognizant Business Consulting, KPMG and PwC. Amrop India, Technopak and Tecnova Consulting offered their niche roles in HR consultancy, capital advisory and India entry strategy.
Technology & IT:
This year saw a large number of first time recruiters in the technology space. Amazon, Flipkart and Google made a total of 12 offers on campus. IT majors on campus include the likes of Dassault Systems, HCL, Infosys, Interglobe, KPIT Cummins, TCS and Wipro.
Trade & International Business:
IIFT has leveraged its niche in Trade & International Business with global trade powerhouses offering both domestic and international roles across locations spanning Africa, Middle East and South-East Asian countries. Global steel major Stemcor offered its coveted steel trading profile to the students of IIFT. Glencore, the Anglo-Swiss multinational commodity trading and mining firm opened its agricommodity trading division. Sharaf Group and Rockfort Trading offered trade and logistics roles out of Dubai. Swiss Singapore, an Aditya Birla Group company made the highest international offer on campus. Tricon Energy Group, the global petrochemical trading major offered its niche energy trading profile. Other prominent recruiters at our campus include MMTC, PEC, STC and Valency International.
Operations:
The Operations and Supply Chain domain saw marquee recruiters offer their coveted roles to the students at IIFT. AT Foods offered it's much sought after global procurement role. Tata Steel made the highest number of offers in this domain with multiple profiles to choose from. Tata Motors offered it prestigious operations role in the automotive sector. Star Agri, one of our new recruiters on campus, made multiple offers for its sourcing role.