IIFT Completes Placement With Rs 19.23 Lakh Average Package; Four Students Bag Rs 95 Lakh Per Annum
The average package offered to the IIFT students in the placement drive is Rs 19.23 lakh, while for domestic placement, it stood at Rs 18.27 lakh for the domestic roles, as per the institute
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Indian Institute of Foreign Trade (IIFT) has completed its placement drive for 2016-2018 batch with a record placement. With top companies participating in the placement program at the institute, four students of the institute were offered an annual package of more than Rs 95 lakh.
The average package offered to the IIFT students in the placement drive is Rs 19.23 lakh, while for domestic placement, it stood at Rs 18.27 lakh for the domestic roles, as per the institute.
However, international placements continued to be strong with 31 international roles being offered to the students in international business roles in South America, Thailand, Africa and South-East Asian countries. Hero Motocorp, Mother Dairy, TVS Motors and a few others including DBS and British Telecom recruited students for various domains in their international business streams.
The placement drive was taken up for the total batch strength of 288 students, and the institute witnessed a major upsurge of more than 29 per cent in the number of pre-placement offers. A total of pre-placement offers were made to the students this year, rising from 74 made last year.
A total of 94 employers, along with 35 first time recruiting companies participated in the placement drive comprised of important brands like Delloite USI (S&O) EXL, YES Bank, Tech Mahindra, PepsiCo along with Arcesium and Avendus Capital.
Dr. Manoj Pant, Director, IIFT said, “Quality placement with the 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.”