IIFT Placements

IIFT Placements Report for the Batch 2020-22 has been published on their official website. IIFT Placements have witnessed remarkable offers from various functional domains and industrial sectors. The IIFT average package for the Batch of 2020-22 stood at 25.16 Lakhs p.a. The placements for MBA (IB) Course have concluded and the batch has witnessed the highest domestic salary of 46.5 lakhs per annum, while the highest international salary stood at 80 Lakhs p.a.

IIFT Placements Report 2020-22: Overview

There has been an increase in the Batch size for the past few years. The overview of the IIFT Placements Report is given below.

IIFT Batch Diversity

In the selection process for the MBA (IB) programme of IIFT, it gives weightage to Gender Diversity. It is one of the criteria for shortlisting the candidates in Stage I. The score for Gender Diversity is as – Male-0, Female 2. The Gender Diversity for the Batch 2019 -21 and 2020-22 is given below:

Gender Diversity for Batch 2020-22

Gender Diversity for Batch 2019-21

Top Recruiters in IIFT Placement 2020-22

IIFT Placements for the Batch 2020-22 has seen a rise in the number of new recruiters. The total new recruiters for the batch 2020-22 stood at 26 while the total number of recruiters was 82. The top recruiters included Cognizant, EY, Infosys, McKinsey & Co, Axis Bank, DE Shaw, Goldman Sachs, HSBC, Bajaj Auto, Dabur, HT Media, ITC, Loreal, Paytm, RPG Group, Signify, Axtria, Brillio, Capgemini, EXL, Genpact, Google among others.

New Recruiters IIFT 2020-22

For the Batch 2020-22, IIFT saw new associations in domains such as Consulting, Finance, Sales and Marketing, General Management & Strategy, IT & Analytics, Product Management, and Trade & Operations. In the Consulting domain, the first-time recruiters included Accenture Strategy, Deloitte India, Deloitte USI, and Optum Advisory. In the Sales and Marketing domain, companies like Asian Paints, Emami, HCCB, and Mars were the first-time recruiters. Narayana Health and State Street were the new associations as they recruited candidates for the General Management and Strategy domain. Companies such as Nucleus Software and Searce opened avenues for candidates in the IT & Analytics domain. New associations in Trade & Operations included Varroc and OfBusiness.

Domain-wise IIFT Placement 2020-22

Consulting

IIFT Placements 2020-22 saw the Consulting domain attracting 25% of the total offers. There was an increase in the number of offers from the previous year, where earlier in 2019-21 this domain attracted around 22% of the total offers. Recruiters for this domain included McKinsey & Co, Cognizant, Shangrila Corporate Services, EY, Infosys, Thoucentric, Wipro, and ZS Associates. A 100% increase was witnessed in the number of offers in the management consulting domain. This domain consisted of 25 % of the total offers made.

Finance

The IIFT Placements 2020-22 in the Finance domain delivered strong results with companies like Axis Bank, DE Shaw, Goldman Sachs, HSBC, Indus Valley Partners, JP Morgan, Silverdale, Synergy Consulting, and Yes Bank offering multiple roles. This domain consisted of 23 % of the total offers made.

Sales and Marketing

Sales and Marketing was the leading domain in terms of the compensation and the number of offers. The recruiters included Tata Consumer Products, Bajaj Auto, HT Media, ITC, Loreal, Paytm, Dabur, RPG Group, Signify. The new recruiters included Mars, Asian Paints, Emami, and HCCB. This domain consisted of 21 % of the total offers made.

General Management and Strategy

The General Management and Strategy domain saw offers from the legacy recruiters Axis Bank, ICICI Bank, Flipkart, Godrej Properties, JSW, and Reliance. However, The first-time recruiters for this domain included Narayana Health and State Street. This domain consisted of a total of 10 % of the total offers made.

IT and Analytics

The IT and Analytics domain attracted 9 % of the total offers. Companies such as Capgemini, EXL, Hexaware, Axtria, Brillio, Genpact, Google, ZS Associates,

and Voxco. Searce and Nucleus Software were the first-time recruiters in this domain. This domain consisted of 9 % of the total offers made.

Product Management

The IIFT Placements in the Product Management domain was one of the highest-paid domains. This domain saw an increase in the number of offers. This domain consisted of 7 % of the total offers made.

Trade and Operations

The Trade and Operations domain consisted of 5% of the total recruitments. This domain saw companies such as Tata Steel, Trafigura, Olam offering various roles. The prestigious Global MT role was offered by ETG. Varroc and OfBusiness were the first-time recruiters.