IIFT Placements 2013: Median salary up by 9% at IIFT

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Noida, India (prHWY.com) March 26, 2013 - Indian Institute of Foreign Trade (IIFT) has concluded its final Placements of 2013 with top companies including Goldman Sachs, Nomura Holdings, HSBC, Citibank, DBS, ICICI, CRISIL, ITC, Google amongst others offering lucrative jobs to all the students who sought placement through campus. According to the institute, the median salary witnessed an increase of 9 per cent over last placement season.

As many as 74 recruiters participated in the recruitment process offering a total of 204 offers to 200 students who sought placement through campus. The total number of students in the 2012-2013 batch is 210. While the highest annual domestic package offered was Rs. 22 lakh per annum, the average annual domestic package stood at Rs. 12.40 lakh per annum.

As many as 46 students bagged pre‐placement offers through their summer internships with companies such as Goldman Sachs, Nomura Holdings, Procter & Gamble, Reckitt Benckiser, Mahindra & Mahindra, ITC, Godrej, DBS, Colgate Palmolive, Citibank, Britannia, CEB and TATA Group.

Speaking on the placement 2013, Dr. Surajit Mitra, Director of IIFT said, "While stepping into the golden jubilee year, IIFT Delhi has emerged as an institution known for the rigour of its holistic MBA program with a focus on International Business. The various opportunities available to students with corporate giants underscore IIFT's ever‐growing influence in today's highly competitive and dynamic business environment."

Goldman Sachs was the largest recruiter in the finance sector with 8 offers. Other premium recruiters include Citibank, Crisil, HSBC, ICICI Bank and Indus Valley Partners Vodafone and Wipro offered roles in corporate finance.

ITC emerged as the largest recruiter in the FMCG space with seven offers. Telecom majors such as Airtel, Vodafone & Idea, recruited students for multiple profiles. . All auto majors made their presence felt with students bagging varied profiles with Tata Motors, Hero Motor Corp, Maruti, and Bajaj Auto.

Recruiters such as Cipla, Mahindra & Mahindra, RPG, Raymonds and Jindal Steel offered leadership and strategy roles while the consulting domain saw participation from PwC, KPMG, Cognizant Business Consulting, CEB, Amrop Consulting among others.

Google, a first time recruiter at IIFT and Flipkart recruited highest number of students in theTechnology and ecommerce space with other notable recruiters including Amazon, Dassault Systems, Intergloble and TATA Advanced Systems Limited.

Others top recruiters include Madura F&L, AT Foods, SAB Miller, Titan, IOCL, Power Grid and PFC.

As many as 34 new companies including - Amazon, Microsoft, Google, Godrej, PwC, Cipla, TASL, DBS, Crisil, Sharaf Group, Glencore, Swiss Singapore (ABG), AT Foods, Dassault Systems participated in the recruitment process.

Trade & IB sector saw global trade powerhouses such as Stemcor, Glencore, Swiss Singapore (ABG), Tricon Energy, Sharaf Group and Valency International offered both domestic and international roles in trading, supply chain and logistics with geographies spanning Africa, Middle East and South‐East Asian countries.

Stay tuned to MBAUniverse.com for more news and updates on Placements 2013.

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Tag Words: mba placements 2013, iift placements 2013, b schools placement

Categories: Education

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