The esteemed Indian Institute of Foreign Trade (IIFT), an autonomous and highly sought-after business school, presents a full-time MBA program in International Business sanctioned by the Ministry of Commerce, Government of India. Recently, IIFT Delhi successfully concluded its final placement season for the graduating batch of MBA (International Business) in 2023. This year witnessed a significant rise in the average package, reaching Rs. 29.1 lakhs per annum, marking a remarkable growth of 16% compared to the previous year. In this article, we delve into the comprehensive IIFT Delhi placement report and provide insights into the batch profile of MBA (IB) for the years 2021-23.
IIFT Delhi Placements 2023 – Key Highlights
The placement season for the MBA (IB) 2021-23 batch at IIFT Delhi has achieved a 100% placement record, with numerous leading companies from diverse industries and functional domains extending impressive offers. Here are the notable highlights from the recent placement season:
- The average salary in the latest placement season increased by 16%, i.e. Rs. 29.1 lakhs per annum from Rs. 25.16 lakhs per annum last year.
- The median salary has increased by 8.5%, which is Rs.26.5 lakhs per annum in the placement season 2023 from Rs.24 lakhs per annum which was in the last year.
- The highest Domestic Salary stood at Rs.46.50 LPA, which is an increase of 64.5% compared to the last year.
- The highest International Salary stood at Rs.85.4 LPA.
In the most recent placement season, a total of 108 recruiters actively engaged, including 36 new recruiters, highlighting their growing interest in the program. Notably, PPOs (Pre-Placement Offers) accounted for 39% of the total placements, serving as a significant highlight of this season’s achievements.
IIFT Delhi Sector-wise Distribution of Placements
As previously mentioned, the latest placement season witnessed the active participation of 108 recruiters representing various industries. For detailed sector-wise distribution of placements, please refer to the IIFT Delhi placement report 2023, accessible on the official website of IIFT Delhi. The provided statistics highlight that Professional Services account for 23% of the placements, surpassing other sectors in terms of placement representation.
Here are some of the prominent recruiters who participated in the 2023 placement season at IIFT Delhi. Companies include Amul, Bajaj Auto, Becton Dickinson, Cipla, Dabur, Emami, Games24x7, Godrej, ITC, Landmark Group, Merino, Nucleus Software, OfBusiness, Accenture Strategy, Acuvon Consulting, Capgemini, Deloitte, EY, McKinsey & Co, Incedo, Infosys Consulting, Praxis GA, Wipro, etc. You can see the prominent companies that participated in this placement season below.
When it comes to the domain-wise distribution of placements, The IIFT continued to be the preferred campus for recruiters in Sales & Marketing, offering lucrative roles as the domain ended up attracting 22% of the total offers. Have a look at the detailed demographics of domain-wise distribution of all the domains in IIFT MBA(IB) placements 2023.
IIFT Delhi MBA (IB) 2023 Batch Profile
In the year 2023, the latest batch at IIFT Delhi exhibits a gender distribution of 75% male and 25% female students, demonstrating gender diversity within the institute.
Within the MBA (IB) program at IIFT Delhi for the batch of 2021-23, students bring a rich variety of educational backgrounds. Among them, 61% have a background in Engineering, 10% come from disciplines such as Economics, Statistics, Law, and Arts, 21% have a Commerce or Business background, and the remaining 8% have a background in Science or Pharma.
Regarding the work experiences of the batch, the average duration stands at 19.20 months. Refer to the accompanying infographics below for further details.
Furthermore, within this batch, students possess work experience in diverse domains, including Information Technology, Operations, Sales & Marketing, Consulting, and Finance. Approximately 26% of the students have prior work experience in the domain of Information Technology and Analytics, while 24% have experience in Operations. To gain a deeper understanding of the domain-wise distribution of work experience in the latest batch at IIFT Delhi, please refer to the provided statistics below.
This is all about the details of the IIFT Delhi placement report for the 2021-23 batch of the MBA (IB) program with the detailed batch profile.
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