IIFT MBA Placements 2021 - Top Recruiters, Average and Highest Package

IIFT MBA Placements 2021 - Top Recruiters, Average and Highest Package

IIFT MBA Placements 2021: The Indian Institute of Foreign Trade (IIFT) is one of the prestigious B-schools in India. The institute has managed to keep IIFT MBA final placements record as 100%. IIFT MBA placements 2021 for Delhi, Kolkata and Kakinada campuses are integrated i.e. centralised placements.

The Corporate Relations and Placement Committee is responsible for organizing the IIFT MBA summer placement, IIFT final placements, guest lectures, live projects, corporate competitions and conducts the Annual Business Summit. IIFT MBA IB placements for the batch 2019-21 have concluded where the average salary was recorded at Rs 21.08 LPA while highest at 46.5 LPA. Also the summer internships for 2020-22 completed earlier on, again with the 100% placements record. Check more details about IIFT MBA Placements 2021 such as highest and average IIFT MBA CTC, number of companies visited, first time recruiters, past year IIFT placement trends and more.

Read more-IIM Indore Placements 2021

IIM Rohtak Placement Report 2019-21

IIFT MBA Placements 2021: Key Highlights

Here are the key features of IIFT MBA 2021 Placements. Also the placement season at IIFT saw a rise in the numbers of offers rolled out. This is a significant achievement, especially in these challenging times of Covid pandemic.

  • The final placements at IIFT witnessed an average CTC of Rs 21.08 lakhs per annum and the median CTC stood at Rs 20 lakhs per annum.

  • The highest CTC offered stood at Rs 46.5 lakhs per annum, while the top 25% students of the batch received an average CTC of Rs 25.22 lakhs per annum.

  • The number of recruiters increased to 117 in MBA placement 2021 at IIFT from 107 last year.

  • Average salary goes up by 3% and median salary up by 10%.

  • The Sales & Marketing domain attracted the highest percentage of offers at 24% and witnessed keen participation from brands like Airtel, Amway, Bajaj Auto, Cipla, Dabur, Eli Lilly, GSK, HUL, ITC, L’Oréal, Medtronic, Paytm, RPG, Signifyand, Tata Steel.

  • The total number of students who participated in IIFT placement drive were 334.

  • There were 35 new recruiters this season.

IIFT MBA IB Placements : Past years’ Trends

Placement Year

Average salary (Rs. in lakhs)

Highest domestic salary (Rs. in lakhs)

IIFT MBA Placement 2021

21.08

46.50

IIFT Placements 2020

20.48

46.45

IIFT MBA IB Placement 2019

20.07

NA

IIFT Placement 2018

19.23

29.00

IIFT Placement 2017

18.41

26.00

IIFT Final Placements 2021 Domain-Wise

The Sales & Marketing domain offered the highest percentage of offers at 24% and witnessed keen participation from brands like Amway, Airtel, Bajaj Auto, Eli Lilly, GSK, Dabur, HUL, L’Oréal, Medtronic, ITC, Paytm, RPG, Signify, Tata Consumer Products and Tata Steel, who continued to recruit in large numbers, alongside new recruiters including United Breweries, Colgate Palmolive, BenQ, JCB, and Yellow Messenger.

The number of offers offered in the preferred consulting domain has also increased during this placement season, which is in line with IIFT per batch. The top consulting firms that participated in the IIFT placement drive like BOD, Bain Capability Network, Cognizant, KPMG, Infosys Consulting, McKinsey, Praxis Global Alliance, Michael Page, Thoucentric, Wipro, and ZS Associates amongst others made more than 75 offers.

The finance sector has consistently been a major selector for roles such as Investment Banking, Risk Management, Corporate Treasury, Wealth Management, Fintech, and Equity Research, offering offers to 22%. The best selectors are included in this domain like Citibank, Alpha Alternatives, DE Shaw, Goldman Sachs, GE, HDFC Bank, ICICI Bank, HSBC STG, JP Morgan & Chase, Synergy Consulting, Silverdale, and Yes Bank to name a few.

With more than 55 offers, IT & Analytics has been an attractive platform for technology companies and start-ups like EPIKInDiFi, DCM Shriram, EXL, Hexaware, Go-MMT, Incture, Microsoft, LogiNext Solutions, S&P Global, and Polestar.

Domain-wise IIFT Placements 2019-21

Domain

Percentage of Students

Sales & Marketing

24%

Consulting

22%

Finance / IB

22%

IT / Analytics

19%

General Management & Strategy

9%

Trade & Operations

4%

IIFT 2021 Placements: Top Recruiters

Domains

Recruiters

Sales and Marketing

HUL, Bajaj Auto, TATA Steel

Consulting

BOD, Cognizant, Infosys

Finance

DE Shaw, Citi Bank, JP Morgan

IT & Analytics

Shriram, Microsoft, Polestar

New Recruiters in IIFT Placement 2021

In placements at IIFT, there were a number of first time recruiters. They included:

  • Angel Broking

  • Alpha Alternatives

  • Bajaj Finserv

  • BenQ

  • Healthians

  • KPMG

  • LogiNext Solutions

  • S&P Global

  • ShangriLa Corporate Services

  • Thoucentric

  • Xiaomi

  • Yellow Messenger, ZS Associates among others

IIFT Final Placement Report - Work Experience

Among the batch strength of 321 students, 66% of students had prior work experience whereas 34% were freshers. Check the table below to the work experience profile in months:

Work experience in months

Number of students (in percentage)

0-11 months

45%

12-23 months

24%

24-35 months

20%

More than 36 months

11%

IIFT Delhi Summer Placements 2021 vs 2020: Highlights

Particulars

Stipend/ Statistics

(2018-2020 Batch)

Stipend/ Statistics

(2019-2021 Batch)

Total batch strength

321

334

Offers made

-

344

Companies participated

90

103

Highest stipend

Rs 3.20 Lakh (for 2 months)

Rs 3.20 Lakh (for 2 months)

Average stipend

Rs 1.48 Lakh (for 2 months)

Rs 1.68 Lakh (for 2 months)

New recruiters

32

44

IIFT Final Placement Report 2018-20

Consulting/ IT/ Analytics sector dominates - The Indian Institute of Foreign Trade has released its final placement report for the MBA batch 2020. The placement drive of IIFT witnessed successful participation from 107 recruiters, which hired students into various sectors. As per the IIFT final placement report 2018-2020, the highest placement offers were made in Consulting/ IT/ Analytics sector. Also, IIFT final placement record recorded the highest domestic offer of Rs. 46,45,000, whereas, the highest international offer is Rs. 75 lakhs per annum. Furthermore, the average work experience required was 16.4 months.

As per the IIFT 2020 batch highlights more than 70 students have an educational background from premier institutes like IITs, NITs, BITS, DTU, SRCC, etc. Also, more than 70 students have certifications like CA, six sigma Green Belt, CFA, and so forth.

IIFT Placement Report 2018-20: Sector Wise Placement Statistics

Sector

Placements (in percentage)

Consulting/IT/Analytics

35%

FMCG/FMCD

17%

Telecom/Trade/Transport

15%

BFSI

14%

Energy/Industry

10%

Consumer Service/E-Commerce/Pharmaceuticals

9%

Detailed Sector-wise IIFT Placement Report 2018-2020

Sales and Marketing

  • For the first time recruiters - Reckitt Benckiser, Tata Consumer Product Limited, Signify, Philips, Western Digital, Cremica, Boston Scientific & Hero Electronix were associated with IIFT

  • In the Automobile and Industrial sector, IIFT witnessed prominent participation from Bajaj Auto, Hero MotoCorp, Maruti Suzuki India Limited, TVS, Tata Steel, L&T, JSW & Metal Power.

  • Recruiters like ITC, L'Oréal, Pidilite, Dabur, Dell, Philips, Shell, TATA Sky, HT Media, Games 24x7, ABFRL & Raymond strengthened their association with IIFT.

  • In E-Commerce Flipkart and Amazon continued to offer valuable roles to the students of IIFT.

Finance

  • The first time recruiters in this domain were - HDFC Bank, RBL Bank, Federal Bank

  • Prominent recruiters were - Goldman Sachs, HSBC, JPMC, Yes Bank, Citi Bank, ICICI Bank, and DE which hired students for various roles like investment banking, corporate treasury, the transaction banking group, multinational corporate banking, financial analyst roles.

  • GE showed their continuous faith by hiring for its FMP profile

  • More number of students in this domain were recruited in ICICI bank

  • IIFT remained a continued spot for recruiters like Epik InDifi, OfBusiness, L&T, Crisil, Indus Valley Partners, Samunnati Finance.

Trade and Operations

  • This domain continued to witness international offers from companies like HMS Bergbau AG and Star Global LLC associating for the first time.

  • Prominent recruiters were - ETG, Olam, Tolaram, Aegis, Louis Dreyfus Company, Archer Daniels Midland, Enhance Group, and Tata International.

  • The transport and logistics sector saw first-time recruiters - Delhivery, Ninjacart, and Quick Ride.

  • Supply chain and operation roles were offered to the candidates from the leading recruiters - Maersk Line, Tata Steel, Shell, Vikram Solar, and Gemini Corporation.

General Management

  • This domain retained to be the most sought-after Mahindra & Mahindra recruiting for its prestigious GMC role and Axis Bank hiring students for its General Management profile.

  • Prominent recruiters - RPG, Airtel, Reliance Industries, Sobha Reality, JSW, and Moglix.

  • Students were offered the role of Product Manager and Program Manager from Microsoft and GO MMT. Whereas, Google offered Digital Marketing Strategy role to the students.

  • With the batch having prior IT experience the students attracted offers from Hexaware, Games 24x7, IBM, Genpact & HCL.

  • Capgemini, TCS, and Wipro were among the regular recruiters.

  • With the Industry demand, there were new additions to the portfolio such as Media.net, Polestar, Virtusa, Birlaso, IGT Solutions, Cvent, Gemini Solutions, and Tech Mahindra.

Strategy and Consulting

  • The domain witnessed the first-time recruiters - McKinsey & Company, BOD Consulting, Biocon, and I-PAC. Roland Berger and Bain Capability Network continued their association with IIFT.

  • Consulting and Analytics roles were offered by - Axtria, Cognizant Business Consulting, Infosys Consulting, EXL Service and Michael Page