Niche Areas
Like Carbon Trade Consulting Make Their Debut at IIFT Final Placements
Final Placements of the MBA (IB)
students at the Indian Institute of Foreign Trade (IIFT) saw them completely
spoilt for choice with 52 companies
recruiting students. The series of pre-placement offers and a great laterals
season earlier meant that 57
students had already been placed even before the final placements had started.
The
average compensation package this year rose to Rs. 10.11 Lakh per annum
from Rs 9.3 lakh per annum last year. The highest
domestic salary this year was Rs. 25 Lakh per annum whereas the
highest international package was US $ 110,000 per annum.
In fact, the compensation packages offered to students this year saw a lot of
incentives being provided in the form of stock options, signing bonuses, medical
insurance and even holiday packages.
Over the years, we have seen a
healthy mix of marketing and finance jobs evolving at IIFT. The trend continued
this year with jobs being offered to students across industry verticals like
sales, marketing, strategy, banking, trade, consulting, telecom, steel,
textiles, consumer goods, IT, pharmaceuticals, insurance, beverages, media and
general management.
Displaying the institute's great
connect with the industry, niche areas like carbon trade consulting made their
debut at IIFT this year with companies like Emergent Ventures offering
such profiles. Media was another new entrant this time around with HT Media
recruiting from the campus for the first time.
The functional break-up:
Financial Analyst profiles were offered by Lehman Brothers, Morgan Stanley, UBS,
Kotak, ICICI and Inductis while credit rating agency ICRA offered the coveted
post of a senior associate analyst. Citibank, Barclays, ICICI, Axis Bank, HSBC
and HDFC offered a gamut of marketing, sales and investment banking profiles.
Reckitt Benckiser, ITC, Colgate
Palmolive, Britannia, Cadbury along with others represented the FMCG sector.
This year also witnessed a slew of tele-communication companies visiting IIFT
including Bharti, Vodafone, Reliance Communications, and Idea. Recruiters of
business conglomerates like Bharti, Essar, Aditya Birla Group, the Tata Group
made several offers on campus. Trade majors like Cargill, Olam International and
SRS re-affirmed their belief in IIFT students. Despite fears of an IT slowdown,
IT majors Wipro, TCS, HCL, IBM, Cognizant and Infosys were present in full
strength.
Prominent
Recruiters
|
Adventity |
Ambica
Steel |
| Aviva |
AXIS |
|
Barclays |
Bharti |
| Birla
Soft |
Britannia Industries Ltd. |
|
Colgate-Palmolive |
Cargill |
| CTS |
Cadbury |
|
Emergent Ventures |
Essar |
| Future
First |
Glenmark Pharmaceuticals |
| HCL |
HT
MEDIA |
| HSBC |
IBM |
|
ICI Paints India Ltd. |
ICICI |
|
ICRA |
Idea |
|
Inductis |
Infosys Technologies Ltd. |
|
Irevna Research |
ITC |
|
Jumbo Electronics Co. Ltd. |
KPIT
Cummins |
|
Kotak Mahindra Bank |
Lehman
Brothers |
|
Olam |
Patni
Computers |
|
Reckitt Benckiser |
Rcom |
|
Ranbaxy |
Sab
Miller |
|
SBI |
Tata
Steel |
|
Tata Motors |
TCS |
|
TM International Logistics Ltd. |
Titan |
|
UBS |
|
Summer
Placements
Summer placements at IIFT for the
2007-2009 batch were a great success with 168 students being placed. This
includes 116 people from the Delhi campus and 52 from Kolkata. What set apart
the summers process this year was the entry of a host of new companies from
sectors as diverse as investment banking and the media recruiting from IIFT.
The new recruiters this year
include I-banking firm Lehman Brothers, media biggie HT Media, Tata Steel, BPCL
(Retail) ICI Paints and Trident among others.
In keeping with the focus on
international business at IIFT, international offers in Egypt and Malaysia were
made by companies in the pharmaceutical and automobile sectors.
The list of regular recruiters
who made it a point to take summer recruits from IIFT this year too included
Hindustan Unilever Limited, ITC, Colgate Palmolive, Britannia, Cadbury's, Coca
Cola, Dabur, ICICI Bank, SBI, Axis Bank, Tata Motors, Maruti Udyog Limited and
Essar. IT companies turned up in full strength with SAP, IBM, Cognizant
Technology Solutions, Wipro, Patni Computers, US Technologies.
