Get Answers on Test Preparation, Admissions & Campus Life
Study Abroad Countries
How do I get a package of 30 lakhs in the field of marketing, post MBA from IIMA/B/C, FMS, MDI, SPJIMR, and IIFT?
While many may shed their philosophies on how getting a high package should not be your ultimate goal and stuff, I am here with a different opinion. When you are investing a huge amount of money it is only right to expect a greater monetary benefit and a better lifestyle. So I have mentioned some techniques that will help you land a package of 30 LPA specifically in the field of marketing post-MBA from IIM ABC, FMS, MDI, SPJIMR, and IIFT.
- The first thing you need to do is lower your expectations as no marketing placements offer a package higher than 25 LPA. These highest offers are made by top firms like Reckitt Benckiser, HUL, P&G, and Asian Paints.
- You need to figure out what you really are after, a good marketing role or a high-paying job. If you are after the latter I suggest you go for big consulting firms like Mc Kinsey, BCG, or investment banks that offer 30+ LPA.
- But if it is the marketing role you are after, then make sure your resume reflects your marketing enthusiasm. This will further increase your chances of selection.
- Performing well in the competitions conducted by your desired company is another way to get a high-paying job.
- If the Final Placements are your last resort then make sure you have a stable and excellent CGPA. Many companies consider this factor while shortlisting.
These points will help you get your dream job but cannot necessarily guarantee it. It all ultimately depends on your efforts and obviously your luck.
What should one expect in IIFT essay writing, GD-PI?
The IIFT admission process typically consists of three stages:
- The written exam
- The Group Discussion (GD) and Essay Writing
- The Personal Interview (PI)
Here's what you can expect in the Essay Writing and GD-PI stages:
- Essay Writing: The essay writing round typically involves writing an essay on a given topic within a given time frame. The topics may cover a wide range of subjects such as current affairs, social issues, economics, or international trade. The purpose of this round is to assess your ability to articulate your thoughts clearly, coherently, and concisely, as well as your analytical and critical thinking skills.
- Group Discussion (GD): In this round, a group of candidates is given a topic to discuss. The topics may cover a wide range of subjects such as current affairs, social issues, economics, or international trade. The purpose of this round is to assess your ability to communicate effectively, work collaboratively with others, and present your ideas convincingly.
- Personal Interview (PI): The Personal Interview round typically involves a one-on-one conversation with an interviewer. The interview is designed to assess your personality, interests, and motivations, as well as your knowledge and understanding of the subject matter.
To prepare for these rounds, it is important to stay updated on current events, develop your communication skills, practice critical thinking and analysis, and have a thorough understanding of international trade and business. Additionally, practicing mock GDs and essays, and seeking feedback from peers and mentors can help you prepare effectively for these rounds.
What are the pros and cons of IIFT and the Symbiosis Centre for Management and Human Resource Development (SCMHRD)? What percentage of students get placed in each batch (like in TCS)?
Indian business institutions IIFT and SCMHRD provide MBA programs in international commerce and management. Pros and drawbacks of each school:
Indian Institute of Foreign Trade (IIFT)
Pros:
- IIFT is well-regarded for its focus on international trade and business. The institute's alumni network helps place students in top companies with decent salaries. International trade and business are likewise well-represented.
- For students who prefer to study elsewhere, IIFT's MBA program is solely available in Delhi. Many applicants compete for a few IIFT places.
- Symbiosis Centre for Management and Human Resource Development (SCMHRD): Pros: SCMHRD has a good placement record for its MBA in Human Resource Management program. Diverse pupils from various backgrounds attend the institute.
Cons:
- SCMHRD is in Pune, which may not suit those who desire to study elsewhere. The institute also emphasizes HR, which may not fit students interested in other management fields.
- The placement percentage fluctuates every year and depends on economic conditions, batch size, and employing industries. Both institutes have good placement records, and students usually get job offers from well-known businesses in many areas.
When choosing a business school, investigate and analyze your personal and professional aspirations. Visit the campus and talk to students and alumni to learn about the school's culture and opportunities.
Can someone with a low UG score and no work experience get into IIFT Delhi/Kolkata?
If you have a percentage in the 50s or 60s in UG and no work experience, you must score above the 98%ile with an excellent interview.
You will receive the IIFT. The percentage of these people is very low, but it is possible if you achieve a high percentile. If you perform well in the entrance exam (score 3-4 marks above the cut-off) and the admission process (GD-PI and WAT), a UG score (at least above 65) should not be a problem. All you have to do is perform well in the GDPI Process and give them a reason to choose you.
How good is IIFT as a college is when compared to IIMs, FMS, SPJIMR, and MDI?
IIFT was established in 1963 by the Government of India as an autonomous organization to professionalize the country’s foreign trade management and increase exports by developing human resources, analyzing and disseminating data, and conducting research. Among the top 10 business schools, it is the only B-school in India that offers an International Business program. This institute is also known as the Mecca for trade.
The major pros and cons of the institute have been entailed below
Pros
- It is one of the best B-Schools in the country and one of the finest in Asia if you want to pursue a career in Trade. As per NIRF Ranking 2018, the Institute has been ranked as number 23.
- Highly recognized organizations like WTO, OECD, World Trade Centre & European Union come to India for recruitment and visit only IIFT.
- The batch size is very small thereby rendering unlimited opportunities to its students. It is literally the Mecca for Finance.
- IIFT Delhi has been winning the CFA Equity Research challenge nationally for 2 out of the last 3 years.
Cons
- IIFT Delhi campus is very small, around 6.5 acres. Rooms are triple occupancy in the 1st year and double in the 2nd.
- Big names in consulting like McKinsey, BCG, and AT Kearney, are yet to visit the IIFT Delhi campus.
How can I arrange the following according to an MBA/PGDM: NMIMS, Mumbai, SBIM, Pune, IIFT, Delhi, Great Lakes, Chennai, SPJIMR, Mumbai and JBIMS, Mumbai?
I have given the preference order of the above-mentioned B Schools. However please remember this is based on my personal opinions and not any official figures
1st: NMIMS is one of the best schools in Mumbai with fewer fees and great specialization in Finance. Its distinguishing feature is its small batch size which is extremely beneficial for excellent placements. The companies that visit offer the best roles to their students mainly because of their credibility and strong alumni network.
2nd: SPJIMR too is located in Mumbai and is the second-best School after JBMINS. Its students intake is very good due to the strict selection process. The placements are at par with JBIMS but the fees are a bit higher. It's ranked in the top 3 in Operation and IT specialization in India.
3rd: One of the oldest institutes for MBA, IIFT is a good choice owing to its strong brand name and small batch size.
4th: SIBM Pune is a blend of everything; a Good campus, good corporate competition, hostel life, good infrastructure, faculty, and placement. It gives you an amazing MBA experience l.
5th: NMIMS Mumbai is great for MBA and is at par with SIBM. But I have ranked it the last owing to its high fees and larger batch size that requires a lot of competition during placements.
So the ranking is
NMIMS>SPJIMR>IIFT>SIBM Pune>NMIMS Mumbai
What are the chances of converting IIFT DELHI through waitlist if I opt out from IIFT KOLKATA with a percentile of 99.3%?
Only a small part of the total score, which is made up of the GD, PI, WAT, and entrance test, comes from the percentile. The total score is derived as follows:
- Entrance exam: 55%
- GD: 10%
- WAT: 10%
- PI: 23%
- Gender diversity: 2%
Even though the most important part is the entrance test, it's hard to say that with a certain percentile, you're sure to get into IIFT Delhi.
What is an average package at IIFT Delhi in EPGDIB?
The IIFT Delhi EPGDIB (Executive Post Graduate Diploma in International Business study) is a program offered by IIFT Delhi in collaboration with TalentSprints. This program is the best option for working professionals with at least 50% in undergrad and at least 5 years of work experience.
This program even has people with more than 16 years of work experience. There were many prominent recruiters like American Express, Johnson and Johnson, IndusInd Bank, and John Deere.
The duration of the course is 15 months and the fee for the same is 4.3 lac The average package for this course ranges up to 25 lac per annum.
Which college is the best for an MBA in Delhi in terms of infrastructure faculty crowd and placements: Delhi School of Economics, IIFT, or FMS?
In terms of faculty, crowd, and placements, IIFT Delhi and FMS are comparable and better than the Delhi School of Economics.
IIFT is located above FMS in the campus hostel in terms of infrastructure. In terms of ROI, FMS is far ahead of IIFT because the course fee is significantly lower with nearly identical placement prospects.
During FMS Delhi placements 2022, the highest package offered was INR 58 LPA. Prior to 2020 and 2021, the highest packages offered during FMS Delhi placements were INR 58.6 LPA and INR 58.8 LPA, respectively. In 2022, the average package offered by IIFT during MBA (IB) placements was INR 25.16 LPA. The average package at the Delhi School of Economics is INR 13.94 LPA, the highest package is INR 32 LPA, and the median package is INR 12.50 LPA for MBA, as per 2022 placement reports.
What should I join, IIFT Delhi or IIM Indore?
IIFT is one of the best institutes for foreign trade management and it comes under the top 10 B-school of India. While IIM Indore is a top B school and comes under the old IIMs category.
The table shows a brief overview of the institutions.
|
Particulars |
IIFT Delhi |
IIM Indore |
|
Median Salary |
Rs. 18.20 Lakh |
Rs. 22.92 Lakh |
|
Entrance Criteria |
IIFT |
CAT/GMAT |
|
Fees |
Rs. 7.6 Lakh |
Rs. 7.76 Lakh |
Comparison:
- Both IIFT and IIM Indore offer similar average CTC, i.e. 17-18 LPA.
- IIM Indore has a huge batch size. This results in tough competition both during summer internships and placements.
- The decision also depends on your interest and choice of specializations. IIM will offer you Management studies i.e. Marketing, Finance, HR, etc. Whereas, IIFT is good for fashion design.
These two fields are completely different and equally tough to get into. So, go for the field you are interested in. If you are hardworking and think you can get into IIM, go for it. Both of these institutes are reputed but IIM Indore has a better brand value since it is an old IIM.
SUBSCRIBE TO OUR NEWS LETTER
