IIFT 2020 Placement: Average package sees an increase of 14%

IIFT 2020 Placement: Average package sees an increase of 14%
Richa Kapoor | Feb 13, 2020 - 3:56 p.m. IST
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GURUGRAM: The placement process has ended at Indian Institute of Foreogn Trade and it saw a record number of 125 companies visiting the campus. There was an increase in the average salary package to 14%. There were at least 28% candidates rom the batch which got Pre-Placement Offers from both new and old recruiters after the completion of summer internships.

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Companies which participated in the recruitment at IIFT

There were 41 new companies which took part in the recruitment drive at IIFT. Some of the big names which recruited candidates from IIFT were:

McKinsey & Company

Reckitt Benckiser

Star Global

Western Digital

Media.net

Axis Bank

Boston Scientific

Tata International

BEML

Virtusa

Polestar Solutions

HMS Bergbau AG

RBL Bank

Tech Mahindra

BOD Consulting

Ninjakart

Newgen Software

IGT Solutions

Gemini Solutions

Cremica

Merilytics


Sector Wise Participation

  • It is for the first time that in the BFSI sector that HDFC Bank and Federal Bank participated in the recruitment drive.
  • Among the top recruiters in in Strategy and Consulting were McKinsey & Company, Roland Berger, Bain & Company, Cognizant Business Consulting, Michael Page and Infosys Management Consulting
  • In the IT, Product Management and Business Development, IIFT continued its association with industry stalwarts such as Microsoft, Go MMT, EpikIndifi, Media.net.

Salary Package Offered at IIFT

The highest salary that was offered was Rs 75 lakh per year and the average package rose to Rs 20.48 LPA annually and the median increased to 18.2 LPA.

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