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How are placements at IIFT Kolkata? What is the lowest package?
I have a few friends who are IIFT Kolkata alumni. Here is what they had to say about the placement at the institute.
At IIFT Kolkata, the placement scenario is similar to that of the placement scenario of IIFT Delhi. Here are the recent placement statistics for the institute.
|
No of Recruiters |
125+ |
|
No of PPOs |
93 |
|
No of International Offers |
10 |
|
Average CTC |
20.48 LPA |
|
Highest CTC |
75 LPA |
|
Top Sectors |
IT/Analytics/Consulting |
|
Major Recruiters |
Yes Bank, Citi Bank, L&T, etc. |
If you are talking about the lowest package, there are chances of that lowest package to be a complete zero too. You should be curious and asking about the highest package that is offered at IIFT Kolkata instead of wondering what the lowest package offered is.
Which one should I join, IIM Shillong vs IIFT Kolkata (Delhi possible)?
You should choose IIFT. Here are the reasons why.
- IIFT brand is more than 50 years old and well recognized in the industry. While IIM Shillong is a new IIM. Except for the IIM tag, the institute isn’t much recognized.
- In the International Business domain, IIFT is widely recognized. The institute has established its name in the niche through research and related assignments. As of now, IIM Shillong hasn’t distinguished itself in any domain.
- If you compare the batch profile of these colleges, you will observe that IIFT has a better batch profile in terms of work experience, UG college, etc.
- As IIFT is an older B-school, it has a huge alumni network.
- IIFT is located in metro cities like Kolkata and Delhi. While Shillong has a remote ocation. Due to the locational advantages, students of IIFTrecive better internships and live projects.
Due to these factors, IIFT is better than IIM Shillong.
Which should be preferred among IIFT Kolkata and the new IIMs?
IIFT Kolkata is better than new IIMs. It constantly ranks among the top B-School in India and Asia-Pacific region. Their International Business program is excellent. IIFT kolkata placements are excellent. During the 2022 placement drive, students received a median CTC of around INR 18.20 LPA. More than 125 recruiters took part in the placement drive.
With years of legacy and a well-established alumni base, IIFT Kolkata offers excellent opportunities and exposure to students.
Which college should I choose between NMIMS Mumbai and IIFT Kolkata for MBA?
NMIMS Mumbai is a better option among these, especially for Finance specialization. Located in Mumbai, the Finance capital of the country, it offers huge locational advantages. Many big names in the Industry take part in NMIMS Mumbai placements. Infosys, Accenture, Aditya Birla Capital, etc. took part in the 2022 placement drive. The average CTC offered to students this year was INR 19.40 LPA.
NMIMS focuses on hands-on learning. Various learning resources offered by the institute includes Bloomberg labs, access to a huge repository of market data and e-journals, WeCare internship program, etc.
Although NMIMS has a large alumni base, in terms of facilities, and exposure, it is better than IIFT Kolkata.
Mica or IIFT Kolkata? My choice boils down to these two. I am a Fresher with an economics background and have an inclination towards marketing.
MICA and IIFT Kolkata both are premiere private institutes offering good options to individuals for studies and career development. IIFT is among the top B schools but MICA stands ahead in various other domains also known as School Of Ideas, for nurturing new ideas and opportunities.
The differing views about both the colleges from a marketing point of view are as follows.
Academics:
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MICA majorly offers three categories of courses like PGDM, FPM, and PGPC.
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PGDM & FPM are offered in specializations like media & entertainment, brand management, marketing analytics, and digital communications management.
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IIFT provides courses like MBA, Certification, Executive MBA, and PG Certificate.
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IIFT is popularly known for its trade-related courses particularly in international business.
Fees:
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MICA is offering courses ranging from Rs.27,500 to an average of Rs. 1 lakh. However, the maximum fee range is Rs.21 Lakh for the PGDM course.
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IIFT however offers courses within a feasible range but the executive courses are a little bit expensive and costs around Rs. 90 Lakhs.
Placements:
Both the institutes have outstanding placements and by far the best in the market.
MICA:
MICA has by far decent placements. A clear view can be obtained by looking at the details below.
|
Sectors |
Highest Package |
Average Package |
|
Internet & Technology |
Rs. 40.88 LPA |
Rs.19.33 LPA |
|
Media & Advertising |
Rs. 15 LPA |
Rs. 10.73 LPA |
|
Brand Consulting |
Rs. 18 LPA |
Rs. 9.61 LPA |
IIFT:
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IIFT Kolkata has a placement record of 100%.
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The number of companies that visit the campus for placement is around 98. Students get employed in sectors like International Business, Operations & Logistics, Sales & Marketing.
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The average CTC received by the students is recorded as around 20.07 LPA.
The basic parameter inclination towards MICA, it is probably the best college for marketing, brand analytics, and consulting domain. It’s ranking among the B Schools is outstanding and mostly it outshines the other management institutes in the field of Advertising & Media.
I want to pursue an MBA in marketing as my major. What are the pros and cons of IIFT Delhi, IIFT Kolkata and NMIMS Mumbai?
It is important to evaluate IIFT Delhi, IIFT Kolkata, and NMIMS Mumbai for an MBA in Marketing and compare their offerings, including curriculum, placement opportunities, and return on investment (ROI).
IIFT Delhi and Kolkata are both part of the Indian Institutes of Foreign Trade (IIFT) and offer similar programs and opportunities. As such, when comparing IIFT with other institutions such as NMIMS, IIFT is considered to be superior in many aspects.
One of the key advantages of IIFT is its better ROI. The course curriculum is designed to provide a rigorous education with a focus on international business. Additionally, IIFT has a strong track record of improving its placements each year. The current batch of students has achieved the highest placements among all top B-schools, including the Indian Institutes of Management (IIMs).
In considering these factors, IIFT may be a strong option for those looking for a graduate program in management with a focus on international business and strong placement opportunities. However, it is important to conduct thorough research and evaluate all options before making a final decision.
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.
Between IIFT K and IIM Ranchi, which one should one choose?
Without even elaborating I can confidently say that IIM Ranchi is a better option of the two. MBA requires more practical than theoretical knowledge. To let you choose your domain based on your Management skills, IIM Ranchi has more to offer than the relatively new IIFT K. You can explore domains like Finance and Accounting here with the surety of better placement opportunities. This will help you figure out what is good for you and what isn’t.
IIFT K is new and offers some great options like specialization in Banking which in turn can help you choose your dream company.
However, if you are looking for a foreign job then it’s IIM Ranchi that will help you reach your goal.
Should I join IIM Shillong or IIFT Kolkata?
Both colleges are worth considering for a good career. Since its establishment in 2006, IIFT Kolkata has been climbing the ladder to success. The excellent performance in corporate competitions is a testimony to that. IIM Shillong is among the fastest-growing new IIMs and its alums are making a name in the industry.
We usually judge a college's worth based on factors like Alumni network, teaching pedagogy, corporate competition wins, etc. Yet, here I am going to simply make a domain-wise comparison. This is because when choosing a college focus should not be on the college but on your own interests. Identifying the domain you want to enter is necessary only then you can choose a college that excels in that respective domain.
- Marketing: Many Marketing firms visit only IIFT and not IIM Shillong giving it an advantage in this aspect.
- Finance: Finance is better at IIFT as the hotshots like Goldman Sachs only visit IIFT.
- Operations: Both the B Schools excel in this domain.
- Trade: Without any doubt, IIFT is the hub of Trade.
- Consulting: Consulting is better at IIFT because top firms like GEP, and CEB visit its campus only.
- IT: Both the B Schools are visited by top firms like Google.
Which college is better among NMIMS Mumbai and IIFT Kolkata?
My friend is studying with NMIMS and it's good and easy to get into as well. There are 3 attempts available for NMAT whereas IIFT is a step higher on the difficulty scale. The positive aspect of this is that the crowd at IIFT has intellectuals.
Apart from this, here are some more highlights-
- IIFT is well known as a trade research and consulting institution in India. Its personal brand is now part of the 'top b-schools in India' lists. It has also been ranked in the top 10s.
- Whereas NMIMS is a new school and is a step lower in branding but it's trying its best to catch up.
- The batch size of IIFT is half that of NMIMS. So IIFT becomes for those with decent academic scores, a place of success where they get to be top profiles. In NMIMS it becomes a struggle.
- Students in the Kolkata campus are able to apply to companies visiting IIFT Delhi as well.
- As for the location, Mumbai is a buzzing city and Kolkata is mellowed but dreamy. If you choose to go for NMIMS, then know that it doesn't have a hostel life. Students live on rent near the campus. IIFT Kolkata does have hostels.
- The mess at IIFT Kolkata is pretty decent and the hostel has single sharing accommodation which is rare for most B-schools. All in all, IIFT has a better hostel life than NMIMS.
Lastly, you'll have to pay more at both colleges but IIFT would be INR 3-4 lakhs cheaper than NMIMS and IIFT has a stupendous alumni network in the area of international trade. You may now decide based on your future goals.
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