IIFT completed final placement for 2016-18 batch in record time
, ET Bureau|
Jan 03, 2018, 03.57 PM IST
NEW DELHI: The Indian Institute of Foreign Trade has completed its final placement process of its batch of 2016-18. A total of 31 students are placed in international business roles in South America, Thailand, Africa and South-East countries with top notch recruiters - a 55% jump from the preceding year.
Four students receiving a package of $1,50,000 per annum along with another layer of compensation of $80,000 being offered to 7 students.
The average compensation offered to the IIFT students is Rs 19.23 lakh per annum, with the domestic average standing at Rs 18.27 LPA. The highest domestic compensation offered witnessed a rise from Rs 26 lakh per annum last year to Rs 29 lakh per annum.
Of the total batch strength of 288, IIFT saw an increase of 29.10% in the number of pre-placement offers made.
A total of 93 PPOs were made in comparison to 74 last year reaffirming the recruiters' faith in the talent and hard work of the candidates at IIFT.
While 110 companies had confirmed their participation, the placements were wrapped up with 94 recruiters and 35 companies associating with IIFT for the first time including prominent brands like Arcesium, Avendus Capital, BMW, CP group, Deloitte USI (S&O) EXL, PepsiCo, Tech Mahindra, Yes Bank amongst others.
Airtel, AkzoNobel, Bajaj Auto, Britannia, Dell, Flipkart, Godrej, Google, GSK, Hewlett-Packard, ITC, LAVA, MSIL, Raymond, Sterlite Power, TATA Group, Tetrapak and Vodafone are some of the regular recruiters in the sales and marketing domain. Whereas, companies the finance sector such as Axis Bank, Citibank, CRISIL, DBS, Edelweiss, Goldman Sachs, HSBC, ICICI Bank, JP Morgan Chase & Co., Nomura, Yes Bank etc. recruited students in large numbers.
IIFT continued to witness impressive international offers. While Olam, TGI, AluZinc, ADM and Phoenix Commodities visited IIFT for their coveted Trade roles under their esteemed Management Trainee programs, placing students across various parts of Africa, Latin America and Southeast Asia; the CP Group based out of Thailand recruited for its Future Leaders Program (FLP) for their various business verticals across all domains. British Telecom, DBS, Godrej, Hero MotoCorp, Mother Dairy, Shapoorji Pallonji, TetraPak and TVS Motors recruited students for various domains in their International Business streams.
The institute also associated for the first time with organisations such as Acquisory Consulting, Adani Group, i3 Consulting, Mother Dairy, Murugappa Group, OYO Rooms, Shapoorji Pallonji, Sterlite Power, VECV, VF Corporation, etc.
"Quality placement with opening of superior roles offered by leaders of national and international repute, clearly shows the perfect alignment of course structure, making our students industry ready by arranging engagements with various industry leaders, our esteemed alumni & dedicated faculty" said Dr. Manoj Pant, director, IIFT, New Delhi.
Four students receiving a package of $1,50,000 per annum along with another layer of compensation of $80,000 being offered to 7 students.
The average compensation offered to the IIFT students is Rs 19.23 lakh per annum, with the domestic average standing at Rs 18.27 LPA. The highest domestic compensation offered witnessed a rise from Rs 26 lakh per annum last year to Rs 29 lakh per annum.
Of the total batch strength of 288, IIFT saw an increase of 29.10% in the number of pre-placement offers made.
A total of 93 PPOs were made in comparison to 74 last year reaffirming the recruiters' faith in the talent and hard work of the candidates at IIFT.
While 110 companies had confirmed their participation, the placements were wrapped up with 94 recruiters and 35 companies associating with IIFT for the first time including prominent brands like Arcesium, Avendus Capital, BMW, CP group, Deloitte USI (S&O) EXL, PepsiCo, Tech Mahindra, Yes Bank amongst others.
Airtel, AkzoNobel, Bajaj Auto, Britannia, Dell, Flipkart, Godrej, Google, GSK, Hewlett-Packard, ITC, LAVA, MSIL, Raymond, Sterlite Power, TATA Group, Tetrapak and Vodafone are some of the regular recruiters in the sales and marketing domain. Whereas, companies the finance sector such as Axis Bank, Citibank, CRISIL, DBS, Edelweiss, Goldman Sachs, HSBC, ICICI Bank, JP Morgan Chase & Co., Nomura, Yes Bank etc. recruited students in large numbers.
IIFT continued to witness impressive international offers. While Olam, TGI, AluZinc, ADM and Phoenix Commodities visited IIFT for their coveted Trade roles under their esteemed Management Trainee programs, placing students across various parts of Africa, Latin America and Southeast Asia; the CP Group based out of Thailand recruited for its Future Leaders Program (FLP) for their various business verticals across all domains. British Telecom, DBS, Godrej, Hero MotoCorp, Mother Dairy, Shapoorji Pallonji, TetraPak and TVS Motors recruited students for various domains in their International Business streams.
The institute also associated for the first time with organisations such as Acquisory Consulting, Adani Group, i3 Consulting, Mother Dairy, Murugappa Group, OYO Rooms, Shapoorji Pallonji, Sterlite Power, VECV, VF Corporation, etc.
"Quality placement with opening of superior roles offered by leaders of national and international repute, clearly shows the perfect alignment of course structure, making our students industry ready by arranging engagements with various industry leaders, our esteemed alumni & dedicated faculty" said Dr. Manoj Pant, director, IIFT, New Delhi.
