Final Placements at the Indian Institute of Foreign Trade (IIFT) New Delhi and Kolkata for the MBA (International Business) 2015-17 batch saw an increase in international offers by 33% and an average CTC salary package of Rs. 18.41 Lakh per annum.
The highest international compensation was pegged at US$ 150,000 and the highest domestic compensation at Rs. 26 LPA. The students received 20 international offers as compared to 15 in the previous year and 74 PPOs/PPIs.
Three of the students bagged a package of more than RS. 1 Crore
per annum and six students more than Rs. 75 lakh per annum in international placements. The companies that came up with international offers included Avantor, Dabur, DSPL, GCPL, Mount Meru, TGI and Trafigura.
Leading recruiters included GE, Goldman Sachs, Godrej, ITC, gep, Nomura, HSBC, Amazon, Google, Airtel, Citibank, Axis Bank, Pidilite, Dabur, Vodafone, Olam, Bank of America, DBS, LT, Synergy Consulting Inc., TGI, Bosch, Maruti Suzuki, Indus Valley Partners, ICICI Bank and Tata Sky.
As many as 94 companies participated in the placements. The average salary rose from the previous year’s Rs. 18.01 lakh per annum to Rs.18.41 lakh per annum.
The number of Pre-Placement Offers (PPOs) went up to 74 as compared to 64 last year. A significant increase was noticed in the number of PPOs offered by corporates.
The class of 2015-17 saw an increased gender diversity with 25% females. It had a diverse mix of doctors, engineers, CAs, CFAs, Humanities, Science & Commerce graduates.
In work experience, 69% of the students had been engaged in BFSI, Manufacturing, Automobile, Consumer durables and IT/Telecom. While 45% had less than 11 months work experience, 255 had 24-35 months, 23% 12-23 months and 7% more than 36 months.
In domain-wise experience, 51 came from Technology/IT followed by 19 in Engineering/Manufacturing, 8 in Operations & SCM, 5 each in Sales & Marketing and Analytics/Consulting and 4 in Finance.
When it came to placements, 30% of the class chose to go into Sales & Marketing, 21% in Finance, 13% in General Management, 10% each in Consulting and Operations. Eight percent each were in IT/ITES and Trade.
Sector-wise, Banking, Financial Services & Insurance (BFSI) claimed 24%, FMCD 13%, FMCG 12%, IT/ITES and Consulting 10% each, 6% Trade, 3% Conglomerate, 2% each in Retail, Pharma, Oil & Energy, Others and 1% Manufacturing.
First-time recruiters included 3M, Marico, Shell, Cipla, Aditya Birla group, TrafiGura, RPG, Infosys Consulting, Dell, Lilly, HP, Tetra Pak and HDFC Bank.
Leading recruiters included GE, Goldman Sachs, Godrej, ITC, gep, Nomura, HSBC, Amazon, Google, Airtel, Citibank, Axis Bank, Pidilite, Dabur, Vodafone, Olam, Bank of America, DBS, LT, Synergy Consulting Inc., TGI, Bosch, Maruti Suzuki, Indus Valley Partners, ICICI Bank and Tata Sky.
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Sales & Marketing was the most preferred domain at 30%, Finance at 21% with Goldman Sachs, JPMC, Nomura, HSBC offered coveted roles in Investment Banking, Global Investment Research, Market Risk and Credit Analysis.
Consulting & IT/ITES at 18% had prominent recruiters including GeP, Synergy Consulting, Infosys Management Consulting, Michael Page, Cognizant Business Consulting, Corporate Executive Board and Capgemini.
General Management was the domain of choice for 13% of the students participating in the placement processes. Recruiters included Airtel, Aditya Birla Group (LEAP), Godrej Property Limited, Shell, RPG, British Telecom, Games 24*7 and Robert Bosch.
