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IIFT Delhi Placement 2024: Final Placement, Average Package, Highest Package, Highlights

02 September, 2024
Priyal Kakaye

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. 

 

IIFT Delhi Placement

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. 

 

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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

 

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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.