IIFT Delhi Placement 2024: Final Placement, Average Package, Highest Package, Highlights
The Indian Institute of Foreign Trade (IIFT) Delhi continues to uphold its reputation with impressive placement outcomes for the graduating batch of 2023. The recent placement report highlights a performance showcasing notable advancements in compensation packages and sectoral diversity.
With an increasing number of recruiters and a significant rise in average and median salaries, IIFT Delhi remains a preferred destination for top talent across industries. This report delves into the detailed placement statistics, including the highest and average compensation packages, key recruiting sectors, and notable trends from previous years, providing a comprehensive overview of the institute’s placement landscape.
IIM Delhi placements 2024 report will be published once the data is released.
Click on the banner below, fill out the form and start your CAT prep for free with previous-year papers, mock tests, practice questions and more.
IIFT Delhi Placements 2023 Report
The IIFT placement report of batch 2021-23 is as follows:
Particulars | Placement Statistics 2023 | Placement Statistics 2022 |
Total Recruiters | 108 | 82 |
New Recruiters | 36 | 26 |
International Positions | 17+ | – |
Percentage of PPOs | 39% | 34% |
Highest International CTC | INR 85.4 LPA | INR 80 LPA |
Highest Domestic CTC | INR 76.5 LPA | INR 46.5 LPA |
Average CTC | INR 29.1 LPA | INR 25.16 LPA |
Median CTC | INR 26.5 LPA | INR 24 LPA |
Increase in Average CTC | 16% | – |
Increase in Median CTC | 8.5% | – |
Increase in Domestic CTC | 62% | – |
Top Recruiting Domain | Sales & Marketing | Consulting |
Major Sector | Professional Services | BFSI |
Top Recruiters | Amul, Bajaj Auto, Becton Dickinson, Cipla, Dabur, Emami, Games24x7, Godrej, ITC, Landmark Group, Merino, Nucleus Software, etc. | Cognizant, EY, Infosys, McKinsey & Co, Shangrila Corporate Services, Thoucentric, Wipro, ZS Associates, etc. |
Batch Profile
Gender ratio
- 68% Males
- 32% Females
Work Experience
Professional Background
36% = 0-12 Months (Work Experience)
28%= 12 to 24 Months (Work Experience)
25%= 25 to 36 Months (Work Experience)
11%= 36 Months (Work Experience)
19.20%= Months Average work experience
IIFT Delhi Placement Report 2023: Highlights
More than 17 international positions were rolled out during IIFT Delhi MBA IB placements 2023. The key highlights of IIFT Delhi MBA IB placements 2023 as compared with 2022 below.
Particulars |
MBA IB Placement Statistics (2022) | MBA IB Placement Statistics (2023) |
Highest domestic package | INR 46.5 LPA | INR 76.5 LPA |
Highest international package | INR 80 LPA | INR 85.4 LPA |
Average package | INR 25.16 LPA | INR 29.1 LPA |
Median package | INR 24 LPA | INR 26.5 LPA |
Total recruiters | 82 | 108 |
New recruiters | 26 | 36 |
PPO percentage | 34% | 39% |
Here are the placement statistics of some of the top B-schools:
The placement statistics of top B-schools reveal a competitive landscape in terms of compensation packages. IIFT Delhi has the highest CTC at INR 85.4 LPA, surpassing other institutions. However, its average CTC of INR 29.1 LPA is slightly lower than IIM Indore’s INR 30.21 LPA, and its median CTC of INR 26.5 LPA is comparable to IIM Indore’s INR 27.2 LPA.
MDI Gurgaon’s median CTC is similar to IIFT Delhi’s but with a lower highest CTC. NMIMS Mumbai and IIM Kozhikode also offer good packages, with IIM Kozhikode having the highest average CTC among these schools at INR 31.02 LPA. While IIFT Delhi leads in the highest CTC, other schools show competitive average and median salaries.
Institute Name | Highest CTC | Average CTC | Median CTC |
IIFT Delhi | INR 85.4 LPA | INR 29.1 LPA | INR 26.5 LPA |
IIM Indore | INR 1.14 CPA | INR 30.21 LPA | INR 27.2 LPA |
MDI Gurgaon | INR 60 LPA | – | INR 26.13 LPA |
NMIMS Mumbai | INR 67.80 LPA | INR 26.63 LPA | – |
IIM Kozhikode | INR 67.02 LPA | INR 31.02 LPA | 27 LPA |
IIFT Delhi Placements 2023 Sector-Wise Analysis
The highest International package was offered in the ETG, whereas Accenture Strategy offered the highest domestic package. The following table represents the sector-wise placements for batch 2023 at IIFT Delhi:
Sector | CTC Range |
BFSI | INR 15.5 LPA – $ 1,04,000 |
Retail | INR 12 – 29.12 LPA |
Consulting | INR 18 – 45 LPA |
Technology | INR 15 – 32 LPA |
Manufacturing | INR 15 LPA – $ 82,000 |
IIFT Delhi Placements 2023 Salary Statistics
The salary statistics of the 2023 placement are as follows:
Percentage of Students | Average Salary |
Top 10% | INR 62.6 LPA |
Top 25% | INR 46.5 LPA |
Top 50% | NR 37.0 LPA |
IIFT Delhi Placements 2023 Domain Wise
The percentage of offers made to the students in various domains are mentioned in the table below:
Domains | Percentage of Offers | Job Offers |
Sales & Marketing | 22% | Digital Marketing, Business Development, Market Research, International Marketing, and Sales Leadership Program. |
Consulting | 20% | Management Consulting and Technology Consulting |
Finance | 18% | Corporate Treasury, Investment Banking, Risk Management, Wealth Management, Equity Research, and FinTech. |
General Management | 13% | – |
Product Management | 10% | – |
Trade & Operations | 9% | Management Trainees |
IT/ Analytics | 8% | – |
IIFT Delhi Placements 2023 Year-Wise Trend
The year-wise salary trend for IIFT Delhi shows a clear upward course in compensation packages over the past few years. In 2023, the highest CTC reached INR 85.4 LPA, significantly higher than the INR 80 LPA recorded in 2022 and substantially more than the INR 46.45 LPA in 2021. This indicates a strong increase in top salaries offered.
Similarly, the average CTC rose to INR 29.1 LPA in 2023 from INR 25.16 LPA in 2022, continuing an upward trend from INR 21.08 LPA in 2021 to INR 20.48 LPA in 2020. This progression highlights IIFT Delhi’s growing appeal and success in securing higher-paying opportunities for its graduates.
The year-wise salary trend of IIFT Delhi is as follows:
Placement Year | 2023 | 2022 | 2021 | 2020 |
Highest CTC | INR 85.4 LPA | INR 80 LPA | INR 46.45 LPA | INR 75 LPA |
Average CTC | INR 29.1 LPA | INR 25.16 LPA | INR 21.08 LPA | INR 20.48 LPA |
Click on the banner below, fill out the form start your CAT prep for free.
Conclusion
The IIFT placement 2024 statistics for IIFT Delhi’s batch of 2023 underscore a remarkable progression in the institute’s placement performance. The substantial increases in domestic and international packages and diverse sectors and domains reflect IIFT Delhi’s strong positioning in competitive business education.
FAQs Indian Institute of Foreign Trade (IIFT) Placement 2024
What is the rank of IIFT in 2024?
The commerce ministry’s Indian Institute of Foreign Trade (IIFT) has moved up twelve places to 15th rank under the management category in the NIRF ranking 2024.
What was the highest stipend offered during the IIFT Delhi summer placements for the 2023-25 batch?
The highest stipend offered was Rs 4.50 Lakhs for a 2-month internship.
Which are some of the top recruiters at IIFT Delhi?
Some of the recruiters at IIFT Delhi are Aditya Birla Capital, Axis Bank, Barclays, Crisil, Edelweiss, Indus Valley Partners, HSBC and many more.
Disclaimer: The information, statistics, and data contained herein are produced, processed, compiled, and based on various sources from the public domain believed to be reliable to the best of our knowledge. These details have been disseminated for reference purposes only and IMS makes no warranties or representations whatsoever regarding the quality, content, suitability, completeness, adequacy, accuracy or timeliness of such information, placement report, and data. Readers are further advised to procure information from the official websites of the respective Universities/institutes/ Business Schools etc.