The IIFT (Indian Institute of Foreign Trade) successfully concluded its final placements for its MBA in International Business 2012 batch and has placed 203 students at reputed firms such as HCL Technologies, Bharti Airtel, Tata Motors, ITC Ltd, Cognizant Business Consulting, Goldman Sachs, Nokia, Union Bank, and Infosys. Apart from domestic companies, international companies such as ADM Agro (Germany),Valency International (Singapore), Al-Ghurair (Dubai), Olam International (Singapore), Wilson International (Singapore) and Jumbo Electronics (Dubai) also extended offers to the students.
Overall, 86 companies visited the campus out of which 80 companies made 202 offers, which included 21 pre-placement offers and 103 lateral offers. For a batch of 203 students- 54 students were from Kolkata campus and remaining 149 students were from Delhi campus. In the whole batch, only 1 student opted out of the placement process. The final offers also included 15 international offers, all of which were accepted by the respective students.
Placement Statistics:
| Total no. of students placed | 203 |
| Total no. of international offers made | 15 |
| Total no. of students opted out | 1 |
| Total no. of companies visited the campus | 86 |
| Lowest compensation offered | Rs. 5.32 lakh p.a. |
| Highest compensation offered | Rs. 19 lakh p.a. |
| Total no. of companies whose offers were accepted | 80 |
Sectoral Break Up:
Trading: About 15% of students were selected from this field. Top recruiters from this field were Stemcor, Valency International, Al-Ghurair, Wilson International and Duferco. Dubai-based Al Ghurair offered risk management profiles to candidates.
IT, Supply Chain and Operations: This sector picked 23% of students from total batch size. The top recruiters from these sectors are Olam International, Infosys, Zycus, Proctor & Gamble, Nokia, HCL, ADM Agro. Nokia offered its procurement specialist profile to the students.
Marketing: About 27% of students were chosen for this sector. The marketing roles were offered by many other high-profile recruiters such as Reckitt Benckiser, Vodafone, Flipkart, Jumbo Electronics, Britannia, Bharti Airtel, Idea, Hero Motocorp and Bajaj Auto.
General Management and Consulting: This sector companies hired about 16% of the students for different roles such as General Management & Consulting sector. Robert Bosch offered a JMP profile to candidates while JSPL recruited for its Jindal Lead Management Trainee profile. In addition KPMG, offered asset management roles while TCS and Indus Valley Partner offered Assistant Business Analyst roles. Other major organizations who recruited from this function include Cognizant and Technopak.
Finance: Finance sector companies picked 19% students of the total batch size. While Goldman Sachs offered roles in Asset Management, public sector organizations such as Bank of India, Power Finance Corporation and Central Bank of India offered roles in project finance, treasury and risk management as well as corporate banking.