IIFT Summer Placements 2019: IIFT completed the summer placements for the batch of 2019-21, as per the latest update. Indian Institute of Foreign Trade registered positive growth for all matrices related to summer placements including hike in average stipend offered and the highest stipend offer bagged by a student. The details provided by the institute suggest that a total of 96 companies have hired IIFT students for summer placements and internship programmes. Being one of the most sought after and flagship B-school as far as foreign trade is concerned, IIFT Placements and its analysis provides a tentative idea about the demand of management graduates in the industry. So, it’s important to understand key highlights and sector-wise breakup of IIFT Summer Placements 2019. The same has been provided below:
Key Statistical Highlights
According to the information provided by the institute, the summer placement drive for batch of 2019-21, ended on a positive note with most of the matrices registering growth. The current batch of IIFT MBA programme is the largest one for the institute so far, and yet it managed to successfully complete summer placements for the entire batch easily. Some of the key statistical highlights about IIFT Summer Placements 2019 is given below:
- Largest Batch Placed for Summer Placements
- Students Hired by 96 companies
- No of new recruiters: 42
- Average Stipend offered increased by 13.5%
- Highest Stipend offered was Rs 3.2 lakhs
- Average Stipend offered rose to Rs 1.68 lakhs
- Average Stipend for top 50% of batch: Rs 2.42 lakh
Sector-wise Breakup of Summer Placements
In addition to core statistics or mere numbers, another interesting aspect to look at IIFT Placement Report 2019 is by understanding the sectorial break-up of the placements offered. The Sector-wise break-up of Summer Placement offers made to the students suggests the domains which have higher intake of MBA graduates and the type or kind of roles they are being offered. One of the key findings in this analysis was that nearly 27% of batch got placed in the Banking, Financial Services and Insurance sector.
Sectors & Key Recruiters
Key Recruiters who hired students during the IIFT Summer Placement 2019 drive include:
| Sector | Recruiters |
| Sales and Marketing | Dabur, GILAC, Loreal, Google, ITC, Hindustan Coca Cola Beverages, Haldirams, HUL, Tata Global Beverages Limited, Aditya Birla Fashion Retail Limited, RPG, Schindler, Shell, Hero Electronix, VIP Industries, Capegemini, Raymonds, Welspun and Wipro, BMW, DCM Shriram, Signify, Haldirams, HT Media, BAJAJ Auto, AkzoNobel, OfBusiness, Hero Motorcorp, Brillio, CUMI, Tata Metaliks, ValueLabs, Titan, L&T, Tata Sky, Decathlon, United Phosphorus Limited, Tata Consultancy Service, Amway, |
| BFSI | Citi Bank, Toffee Insurance, D E Shaw, SREI, Goldman Sachs, ICICI Bank, CRISIL, SilverDale, General Electric, JP Morgan Chase, DCM Shriram, Apollo Tyres, Loan Adda, Tresvista and Swiggy., Adqvest Capital, Synergy Consulting, HSBC, BMW, Bira91, Discover Financial Services, Duff & Phelps, |
| General Management | RPG, Reliance Industries, Airtel, Axis Bank, Aditya Birla Group, Mahindra |
| Pharmaceutical and Healthcare | Sanofi, Philips Healthcare, OmniActives, Amway, GSK, Cipla, Eli Lilly, Medtronic |
| Trade and Operations | Cogoport, Becton Dickinson, Field Fresh, Droom, Louis Dreyfus Company, Ninjacart, Maersk Line, Of Business, VIP Industries, GeminiCorp, Tata International and United Phosphorus Limited |
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