IIFT Summer Placement (IB): Sales & Marketing Rules With 33% Offers

Shivangi Vatsal

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IIFT Summer Placement (IB): Sales & Marketing Rules With 33% Offers

0 min read

Table of content:

Major highlights
Sector-wise split of IIFT summer placements
Prominent recruiters

Indian Institute of Foreign Trade (IIFT) recently concluded summer placements for the 2022-24 batch of its flagship MBA (IB) Program. The placement cycle saw participation from 100 reputed recruiters across diverse domains and industries. This season witnessed an average stipend of INR 2.63 Lakh and a median stipend of INR 2.50 Lakh for a duration of 2 months, representing a noteworthy increase of 29% and 25%, respectively, over the previous edition. The highest stipend offered stood at INR 3.75 Lakh while the average stipend for the top 25% of the batch soared to INR 3.43 Lakh.

IIFT is consistently ranked as one of the premier destinations for prestigious recruiters in the country owing to its pedagogy, rigorous course curriculum, and stellar track record in corporate competitions.

IIFT summer placements (IB) 2022-2024: Major highlights

MBA program	IB
Batch	2022-2024
Average stipend	NR 2.63 Lakh for 2 months
Median stipend	INR 2.50 Lakh for 2 months
Highest stipend	INR 3.75 Lakh for 2 months
Sector with the highest number of offers	Sales and Marketing (33%)

Sector-wise split of IIFT summer placements

Sales and Marketing

The coveted Sales and Marketing domain received the highest number of offers at a whopping 33%. Notable associations included Bajaj Auto, BMW, Cipla, Dabur, Diageo, Dr. Reddy’s Laboratories, Godrej Consumer, Haelon, Hindustan Unilever, ITC, Johnson & Johnson, L’Oreal, Lubrizol, Mars, Medtronic, Pidilite, RPG, Sanofi, Signify, Tata Consumer Products Ltd., Titan among many others.

New associations were also forged in the domain with recruiters like ABFRL, Asian Paints, Bajaj Consumer, Diageo, The Coca Cola Company, Colgate-Palmolive, Marico, Mondelez, Philips, Puma, Samsung, and SKF.

Finance

The Finance domain continued to form an important chunk of offers for roles like Corporate Treasury, Investment Banking, Risk Management, Wealth Management, Equity Research and FinTech, contributing 20% of the offers to the batch.

Eminent recruiters in this domain included Arcesium, Aditya Birla Capital, Citibank, Crisil, Deloitte, Discover Financial Services, Godrej Housing Finance, Goldman Sachs, HDFC Bank, HSBC, ICICI Bank, JPMorgan Chase & Co, Synergy Consulting, Tresvista, and Yes Bank to name a few.

Consulting

This placement season also saw a significant number of offers rolled out in the coveted Consulting domain. Major consulting firms included Accenture Strategy, BCG, Deloitte, EY, Mckinsey & Co, Redseer Consulting, Russel Reynolds, and Wipro, attracting 11% of the total offers made.

General Management & Strategy

The reputed General Management & Strategy domain witnessed a notable increase with 13% offers, from companies like Adani, Axis Bank, Cipla, Cardekho, JPMorgan Chase & Co, JSW, L’oreal, Mahindra Group, TAS, Trident Group among others. The placement season witnessed companies recruiting for their coveted leadership roles such as Mahindra GMC and TAS- Leadership Program at Tata Group.

Trade and Operations

Trade and Operations witnessed an increase to 8%, with offers made for Management Interns. Prestigious recruiters such as Adani, BD, COFCO, Flipkart, Hyphen SCS, Joveo, Jubilant Foodworks, L&T, Maersk, MTR Foods, OfBusiness, Renuka Sugars, Tata Steel visited for a multitude of roles in these domains.

The IT/Analytics and Product Management

The IT/Analytics and Product Management domains remained attractive with 7% and 8% offers, respectively. They saw participation from a mix of legacy recruiters and first-time associations. IIFT had the privilege of hosting companies like Amazon, Capgemini, Car Dekho, Hexaware, Microsoft, Nucleus Software, Optum, Tech Mahindra, Tiger Analytics, Wipro and many others.

Prominent recruiters

IIFT summer placements (IB) 2022-2024 saw legacy recruiters such as Amazon, Accenture Strategy, Apollo Tyres, Axis Bank, Bajaj Auto, Flipkart, Godrej, Goldman Sachs, ITC, JP Morgan Chase & Co, L’Oréal, Mahindra Group, Mckinsey, Microsoft, Optum, RPG Group, Tata Steel, Wipro selecting a promising number of candidates.

IIFT built new associations with esteemed brands including Adani Group, Aditya Birla Capital, ABFRL, AMNS, Arcesium, Asian Paints, Bajaj Consumer Care, BCG, Colgate-Palmolive, The Coca-Cola Company, Deloitte, Diageo, IDFC First Bank, Johnson & Johnson, Joveo, Jubilant Foodworks, Manyavar (Vedant Fashions), Marico, Mondelez, Philips, Puma, Russell Reynolds, Samsung, SKF, TAS, United Breweries among others for summer placements.

Prof. Rohit Mehtani, Head of the Corporate Relations and Placement Division at IIFT, expressed his gratitude to companies that chose to recruit from IIFT. He further stated that IIFT values the importance of building and sustaining relationships with the trade and industry and that good placement are only a manifestation of that mindset and effort. He wished the students all the best as they take their first steps into the corporate world.

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Edited by

Shivangi Vatsal

Sr. Associate Content Strategist @Unstop

I am a storyteller by nature. At Unstop, I tell stories ripe with promise and inspiration, and in life, I voice out the stories of our four-legged furry friends. Providing a prospect of a good life filled with equal opportunities to students and our pawsome buddies helps me sleep better at night. And for those rainy evenings, I turn to my colors.

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IIFT Placement Report