Iift Placement Report 2008

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PLACEMENTS AT IIFT

PLACEMENTS 2008

Final placements of the MBA (IB) students at the Indian Institute of Foreign Trade (IIFT) have kept their appointment with success, the excellent results reinforcing the confidence that leading recruiters have always shown in the institute.

A total of 52 companies recruited 151 students from both the Delhi and Kolkata centres. The preplacement offers and the concluded lateral placements had ensured that 57 students had already been placed before the final placements.

The average compensation package this year rose to Rs 10.11 lakh per annum from Rs 9.3 lakh per annum last year. The highest domestic salary this year was Rs 25 lakh per annum as compared to Rs 19.2 lakh per annum last year. The highest international package was US $ 110,000 per annum.

Students at IIFT have always enjoyed coveted profiles from the traditional domains of marketing and finance, and the trend continued this year with jobs being offered to students across industry verticals like sales, marketing, strategy, banking, trade, consulting, telecom, steel, textiles, consumer goods, IT, pharmaceuticals, insurance, beverages, media and general management.

Another key point this year has been the emergence of niche areas like carbon trade consulting which made their debut at IIFT with companies like Emergent Ventures offering such profiles. Media was another new entrant with HT Media recruiting from the campus for the first time.

The functional break-up: Financial analyst profiles were offered by Lehman Brothers, Morgan Stanley, UBS, Kotak, ICICI and Inductis while credit rating agency ICRA offered the coveted post of a senior associate analyst. Citibank, Barclays, ICICI, Axis Bank, HSBC and HDFC offered a gamut of marketing, sales and investment banking profiles.

Reckitt Benckiser, ITC, Colgate Palmolive, Britannia, Cadbury along with others represented the FMCG sector. This year also witnessed a slew of telecommunication companies visiting IIFT

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