The major Indian business school with an emphasis on international business has three campuses, one of which being the Indian Institute of Foreign Trade (IIFT) campus in Kolkata. It was founded in 1963 and is situated in Kolkata, West Bengal’s Madurdaha neighborhood. A two-year full-time Master of Business Administration (MBA) in International Business program is provided by IFT Kolkata. The curriculum is meant to prepare students for professions in international commerce and business.
Students from IIFT Kolkata are hired for a variety of positions in a variety of industries, including consulting, finance, marketing, and operations. Additionally, the institute has a proven track record of putting students in positions abroad.
Factor For Strong Placement Record
- High average income: Compared to other top business schools in India, IIFT Kolkata offers students a wage that is much greater than the average salary for MBA graduates.
- Strong industry links: Students can access a variety of placement options because to IIFT Kolkata’s strong relationships to top corporations across sectors.
- International placements: IIFT Kolkata has a proven track record of placing students in positions that require travel. During the recruitment campaign for positions in 2023, almost 10% of students were hired for positions abroad.
- Role diversity: Students from IIFT Kolkata are hired for a variety of positions in a variety of industries, including consulting, finance, marketing, and operations. Students now have the freedom to select a career path that best suits their interests and skill set.
Overall, placements at IIFT Kolkata are among the best in India. The institute’s demanding academic curriculum, solid connections to industry, and emphasis on international business equip students for prosperous careers in a globally integrated society.
Placement Process of IIFT
- Pre-Placement Talks (PPTs): Companies interested in recruiting from IIFT Kolkata conduct pre-placement talks on campus. During these sessions, company representatives provide information about their organization, job roles, compensation packages, and other relevant details. This helps students understand the opportunities and make informed choices.
- Summer Internship Placements: The first major placement activity usually occurs during the summer internship placement season. Companies come to campus to recruit students for summer internships, which are an integral part of the MBA curriculum. Students get the opportunity to work with these companies for a specified duration (usually 2-3 months) to gain real-world experience.
- Resume Submission and Shortlisting: Students submit their resumes and express their interest in companies they wish to work for. Companies review these resumes and shortlist candidates based on their academic performance, work experience, and other relevant criteria.
- Group Discussions (GDs) and Personal Interviews (PIs): Shortlisted candidates are invited for group discussions and personal interviews. GDs are conducted to assess candidates’ communication skills, teamwork, and ability to express their opinions. PIs evaluate candidates on various parameters, including their knowledge, personality, and suitability for the role.
- Final Selection: After GDs and PIs, companies make final selections and offer job roles to the candidates they find most suitable. Candidates can receive multiple offers, and they have the option to choose the one that best aligns with their career goals.
- Acceptance of Offers: Once a candidate receives an offer, they have the option to accept or decline it. After accepting an offer, they are expected to follow the company’s joining formalities.
- Placement Committee: The placement process at IIFT Kolkata is managed by a dedicated placement committee comprising students and faculty members who facilitate interactions between students and recruiters.
- Continuing Placement Activities: The placement process may extend over several weeks or months as more companies visit the campus for recruitment. These activities can include additional PPTs, interviews, and offers.
Top Recruiters of IIFT
- Bain Capability Network
- Cognizant
- Deloitte
- EY
- Flipkart
- Goldman Sachs
- Hindustan Unilever
- Infosys Consulting
- KPMG
- McKinsey & Company
- P&G
Placements of IIFT
| Particulars | 2022 | 2023 |
|---|---|---|
| Total students | 392 | 420 |
| Companies participated | 82 | 108 |
| Offers made | 412 | 439 |
| Placement percentage | 100% | 100% |
Packages at IIFT
| Package | High | Average | Low |
|---|---|---|---|
| Domestic | INR 76.5 LPA | INR 29.1 LPA | INR 15.5 LPA |
| International | INR 85.4 LPA | INR 32.2 LPA | INR 21.4 LPA |
Frequently Asked Question
Yes, students have the option to pursue higher studies such as postgraduate degrees or research opportunities instead of participating in placements. The institute often supports students in their academic pursuits and career choices.
The placement cell at IIFT Kolkata is responsible for organizing the summer and final placement processes for the institute’s students. The cell also works to build and maintain relationships with leading companies across industries to ensure that students have access to a wide range of placement opportunities.
Yes, international placement is also available at IIFT Kolkata. In the 2023 placement drive, around 10% of students were placed in international roles. The institute has a strong track record of placing students in international roles at leading companies across industries.
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