The Indian Institute of Foreign Trade (IIFT) of the Ministry of Commerce recently concluded the final placements for the 2020-22 batch of its MBA programme. In the placement cycle, a total of 82 companies achieved 100% placement for the year 2020-22.
Its average CTC was Rs 25.16 lakh per annum and medium CTC was Rs 24 lakh per annum. The highest international CTC offered was Rs 80 lakh per annum, while the highest domestic CTC was Rs 46.5 lakh per annum.
The top 25% students of the batch got an average CTC of Rs 34.3 LPA. IIFT is consistently ranked as one of the top destinations for premium recruiters in the country due to its rigorous curriculum, a competitive batch and an exceptional track record in corporate competitions.
IIFT has acquired Accenture Strategy, Asian Paints, AU Small Finance Bank, CarDekho, Dell Technologies, Deloitte, Emami, EY, HCCB, Jio Platforms, Mars, Narayana Health, NFIL, Nucleus Software, Optum, RBL Bank, Searce, State Street, Udaan, Unacademy Established new relationships with brands.
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Vice Chancellor Prof Manoj Pant reiterated that the corporate sector continues to show trust and confidence in our graduates by giving them the best they can. The Institute occupies a place of pride amongst the leading B-Schools in the country and is a leader in the field of International Business. With 100% increase in Management Consulting offers, this placement season also saw an increase in the number of offers initiated in the reputed consulting domain.
The finance domain continued to be a major recruiter for roles such as Corporate Treasury, Investment Banking, Risk Management, Wealth Management, Equity Research and Fintech, making offers to 23% of the batch. Reputed employers in the sector include Citibank, CRISIL, DE Shaw, Goldman Sachs, HDFC Bank, HSBC, ICICI Bank, JP Morgan Chase & Co, State Street, Synergy Consulting and Yes Bank.
The Sales & Marketing domain received 21% offers and witnessed deep participation from brands such as Bajaj Auto, Cipla, Dabur, GSK, ITC, L’Oreal, Paytm, RPG Group, Signify, TCPL, who continued to recruit large numbers. These include Asian Paints, Emami, HCCB, Mars etc. The reputed general management and strategy domain saw 10% offers from companies including Axis Bank, ICICI Bank, GPL, JSW, Narayana Health, Reliance and State Street.
During this period reputed recruiters like ETG, OfBusiness, Olam Agro, Tata Steel, Trafigura, Varroc increased the offers. Product Management and IT/Analytics domains remained attractive with 9% and 7% offers, respectively.
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