New Delhi: Indian Institute of Foreign Trade (IIFT) has recently concluded the Final Placements for the 2021-23 batch of its Flagship MBA (IB) Program, where it recorded INR 75.6 LPA as the highest domestic CTC and the highest international CTC offer stood at INR 85.40 LPA.
This year, the top 25% students of the MBA (IB) batch received an average CTC of INR 46.9 LPA. IIFT had recently announced the exemplary Summer Internship Selections of the MBA (IB) 2022-24 batch as well.
Due to its teaching, rigorous course requirements, and exceptional results in corporate competitions, IIFT is consistently rated as one of the top schools for eminent recruiters in the country.
In order to secure final placements, IIFT established new relationships with prestigious companies such as Acuvon Consulting, Adani Group, AMNS, ASK Investment Management, Cargill, Client Associates, Diageo, Edelweiss, Fast Retailing (Uniqlo), GAIL, Grasim Industries, IDFC First Bank, Incedo, IndigoEdge, Kotak, Landmark Group, Lowe's, Merino Industries, Reckitt, Samsung, Shell, Swiss Singapore Overseas, Tata AIA, Tesco, United Breweries, Vedanta among others for final placements.
Prof Satinder Bhatia, Director, IIFT, noted that the commendable selections this year are evidence of the corporate sector's continued confidence in the talent pool that IIFT provides to them and that it is also a testament to the high calibre of instruction and training provided at the Institute.
The most sought-after Sales and Marketing domain received the highest number of offers at a whopping 22%. Amul, Bajaj Auto, Becton Dickinson, Cipla, Dabur, Emami, Games24x7, Godrej, ITC, Landmark Group, Nucleus Software, OfBusiness, Oxane Partners, Pidilite, RPG, Signify, Tata Steel, and Titan were just a few of the notable associations.
Some of the top-notch recruiters like AMNS, Asian Paints, Cargill, Diageo, Grasim, Relaxo, Samsung, TVS Motor, United Breweries, Vedanta, Vedant Fashions, and others helped to build new partnerships in the field.
With 18% of the batch's offers coming from the Finance sector, it continues to play a significant role in the offers for positions in Corporate Treasury, Investment Banking, Risk Management, Wealth Management, Equity Research, and FinTech.
Affinity Global, Barclays, Citi Bank, Client Associates, Crisil, DE Shaw, Edelweiss, Goldman Sachs, HDFC, HSBC, ICICI Bank, IndigoEdge, Indus Valley Partners, JP Morgan & Chase, Kotak, L'oreal, Synergy Consulting, Tata AIA, Tesco, Tresvista, and Yes Bank are just a few of the illustrious recruiters in this field.
A huge number of offers were made during this placement season in the highly sought-after consulting domain. The top consulting firms, which received 20% of the total offers, were Accenture Strategy, Acuvon Consulting, Capgemini, Deloitte, EY, Mckinsey & Co, Incedo, Infosys Consulting, Praxis GA, and Wipro.
Reputable General Management & Strategy firms like Adani, Axis Bank, Fast Retailing, Flipkart, Haleon, JSW, Landmark Group, Mahindra Group, Shell, State Street, and Trident Group among others made 13% more offers in the consulting domain. During the placements, premiere companies like Mahindra GMC and Aditya Birla YLP recruited candidates for highly sought-after executive positions.
Trade and Operations recorded a 9% growth, and offers for management trainees were offered. Some of the prestigious recruiters came to interview candidates for a variety of opportunities in various industries, including those at Amazon, Cargill, ETG, Flipkart, GAIL, Louis Dreyfus Company, Maersk, Mjunction, OfBusiness, Tata Steel, Tolaram, and Vikram Solar. Famous recruiters like ETG, SSOE, and Tolaram. These recruiters offered students attractive worldwide prospects, boosting IIFT's exposure.
With 8% and 10% offers, the IT/Analytics and Product Management sectors are becoming more and more attractive. The institute observed a mix of veteran recruiters and new associations participating during the placements.
IIFT had the honor to host companies like Amazon, Boston Scientific, Capgemini, CarDekho, EXL, Games 24-7, Hexaware, IGT Solutions, Jio Platforms, Justdial, Lowe's, Merilytics, Microsoft, Nucleus Software, Optum, Paytm, and Wipro.
Some of the legacy recruiters like Amazon, Accenture Strategy, Axis Bank, Bajaj Auto, EY, Flipkart, Godrej, Goldman Sachs, ITC, JP Morgan Chase & Co, L'Oréal, Mahindra Group, Mckinsey, Microsoft, Optum, RPG Group, Tata Steel, and Wipro selected a promising number of candidates, demonstrating the high calibre of students IIFT offers.
The institute revealed that the outstanding alumni's unwavering support and direction have been essential to the success of this year's placement season.
The head of IIFT's Corporate Relations and Placement Division, Prof. Rohit Mehtani, expressed appreciation to the companies that chose IIFT for their hiring needs.
He added that IIFT recognises the value of establishing and maintaining ties with the trade and industry and that successful placements are merely a result of this attitude and work. As the students entered the corporate world, he sent them his best wishes.
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