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IIFT Kolkata Placements 2023: Average Package: INR 29.1 LPA & Highest Package: INR 85.40 LPA
IIFT Kolkata Placements 2023: Average Package: INR 29.1 LPA & Highest Package: INR 85.40 LPA
IIFT Kolkata Placements 2023 has been concluded. IIFT highest package stood at INR 85.40 LPA whereas IIFT average package stood at INR 29.1 LPA. The highest number of offers came from the Sales & Marketing domain (22%) followed by the Consulting domain (20%). A total of 108 recruiters participated in IIFT Kolkata Placements 2023. Some of the top recruiters included Adani Group, Cargill, Diageo, Client Associates, Edelweiss etc.
IIFT Kolkata has also released the final report of 2023 summer internship placement drive. IIFT highest stipend stood at 4 Lakhs per month while IIFT average stipend stood at INR 2.04 Lakhs per month. The highest number of offers came from the Sales & Marking domain (30%) followed by the Finance domain (20%).
To know more click here IIFT Kolkata Courses & Fees
Table of Content
- IIFT Kolkata Placements 2023 Report
- IIFT Kolkata Placements 2022 Domain - Wise
- IIFT Kolkata Placements 2022 Sector - Wise
- IIFT Kolkata Placements Year-Wise Trends
- IIFT Kolkata Placements 2022 Top Recruiters
- IIFT Kolkata Summer Internship Placements 2023 Report
- IIFT Kolkata Summer Internship Placements 2023 Domain-Wise
- IIFT Kolkata Summer Internship Placements 2023 Sector - Wise
- IIFT Kolkata Summer Internship Placements 2023 Top Recruiters
- IIFT Kolkata Alumni Network
- IIFT Kolkata Placements FAQs
IIFT Kolkata Placements 2023 Report
| Particulars | Placements Statistics 2023 | Placements Statistics 2022 | Placements Statistics 2021 |
|---|---|---|---|
| No. of Recruiters | 108 | 82 | 117 |
| No. of New Recruiters | - | 26 | 35 |
| Batch Strength | - | 392 | 334 |
| Highest International CTC | INR 85.40 LPA | INR 80 LPA | - |
| Highest Domestic CTC | INR 75.6 LPA | INR 46.5 LPA | INR 46.45 LPA |
| PPOs | - | 34% | - |
| Average CTC | INR 29.1 LPA | INR 25.16 LPA | INR 21.08 LPA |
| Median CTC | INR 25.6 LPA | INR 24 LPA | INR 20 LPA |
| Average CTC of Top 50% | - | INR 29.7 LPA | - |
| Average CTC of Top 25% | INR 46.9 LPA | INR 34.3 LPA | INR 25.22 LPA |
| Average CTC of Top 10% | - | INR 41.8 LPA | INR 29.14 LPA |
| Average CTC of Females | - | INR 25.75 LPA | INR 22.57 LPA |
| Average CTC of Males | - | INR 24.97 LPA | INR 20.25 LPA |
| Major Domains | Sales & Marketing (22%) | Consulting & Finance | Sales & Marketing |
| Top Recruiters | Adani Group, Cargill, Diageo, Client Associates, Edelweiss | Accenture, Axis Bank, Asian Paints, Cipla | Crisil, DE Shaw & Co, Goldman Sachs, HDFC Bank |
During IIFT Placements 2023, 108 recruiters participated. Some of the top recruiters included Adani Group, Cargill, Diageo, Client Associates, Edelweiss etc. The highest international salary offered was INR 85.40 LPA & the higest domestic salary offered was INR 75.6 LPA. The average salary stood at INR 29.1 LPA & the median salary stood at INR 25.6 LPA. Top 25% of the students received an average salary of INR 46.9 LPA. The highest numner of offers came from the Sales & Marketing domain followed by the Consulting domain (20%).
During IIFT Kolkata Placements 2022, 392 students participated. The maximum percentage of students were placed in the consulting & finance domain. Around 82 recruiters participated in the placement drive among which 26 were first-time recruiters. Some of the recruiters like Accenture, Cognizant, Axis Bank, Deloitte, etc, participated in the placement drive of 2022.
The highest International CTC of INR 80 LPA was offered to the students whereas the highest domestic CTC stood at INR 46.5 LPA and the average and median CTC stood at INR 25.16 LPA and INR 24 LPA respectively. Top 10% average salary stood at INR 41.8 LPA, top 25% average salary stood at INR 34.3 LPA & top 50% average salary stood at INR 29.7 LPA. The average salary of male students stood at INR 20.25 LPA & average salary of female students stood at INR 22.57 LPA.
Also check IIFT Kolkata Cutoff
IIFT Kolkata Placements 2023 Domain - Wise
The below table represents the domain – wise statistics of IIFT Kolkata Placements 2022:
| Domains | Percentage of Students Placed |
|---|---|
| Sales & Marketing | 22% |
| Consulting | 20% |
| Finance | 18% |
| General Management & Strategy | 13% |
| Product Management | 10% |
| Trade & Operations | 9% |
| IT & Analytics | 8% |
During IIFT Placements 2023, the highest number of placement offers came from the Sales & Marketing domain followed by the Consulting domain & Finance domain.
IIFT Kolkata Placements 2022 Domain - Wise
The following table represents the domain-wise statistics of IIFT Kolkata Placements 2022:
| Domains | Percentage of Students Placed |
|---|---|
| Consulting | 25% |
| Finance | 23% |
| Sales & Marketing | 21% |
| General Management & Strategy | 10% |
| IT & Analytics | 9% |
| Product Management | 7% |
| Trade & Operations | 5% |
During IIFT Kolkata Placements 2022, the highest number of offers came from the Consulting domain followed by the Finance domain & then Sales & Marketing domain.
IIFT Kolkata Placements 2022 Sector - Wise
The following table represents the sector-wise statistics of IIFT Kolkata Placements 2022:
During IIFT Kolkata Placements 2022, the highest number of offers came from the BFSI sector followed by the IT sector.
Also check IIFT Kolkata Admission 2023
IIFT Kolkata Placements Year-Wise Trends
The following table represents the year-wise placement trends at IIFT Kolkata:
| Particulars | 2020 | 2021 | 2022 |
|---|---|---|---|
| No. of Recruiters | 107 | 117 | 82 |
| Batch Strength | 321 | 334 | 392 |
| Highest CTC | INR 75 LPA | INR 46.45 LPA | INR 80 LPA |
| Average CTC | INR 20.48 LPA | INR 21.08 LPA | INR 25.16 LPA |
| Median CTC | INR 18.20 LPA | INR 20 LPA | INR 24 LPA |
During IIFT Kolkata Placements 2022, the following trend have been observed:
- The number of recruiters declined from 117 in 2021 to 82 in 2022.
- The highest salary increased from INR 46.45 LPA in 2021 to INR 80 LPA in 2022.
- The average salary increased from INR 21.08 LPA in 2021 to INR 25.16 LPA in 2022.
- The median salary increased from INR 20 LPA in 2021 to INR 24 LPA in 2022.
The below table shows the percentage increase in the salary statistics during IIFT Kolkata Placements 2022:
| Particulars | Figures |
|---|---|
| Increase in Highest CTC (2021-2022) | 41.9% |
| Increase in Average CTC (2021-2022) | 16% |
| Increase in Median CTC (2021-2022) | 16% |
During IIFT Kolkata Placements 2022, the highest salary increased by 41.9%, average & median salary increased by 16% each as compared to the previous year.
IIFT Kolkata Placements 2022 Top Recruiters
IIFT Kolkata Summer Internship Placements 2023 Report
| Particulars | Internship Statistics 2022 | Internship Statistics 2023 |
|---|---|---|
| Number of Recruiters | 123 | 121 |
| New Recruiters | 46 | 45 |
| Highest Stipend | INR 3.2 Lakhs | INR 4 Lakhs |
| Average Stipend | INR 1.61 Lakhs | INR 2.04 Lakhs |
| Median Stipend | INR 1.50 Lakhs | INR 2 Lakhs |
| Average Stipend of Top 10% Students | - | INR 3.24 Lakhs |
| Average Stipend of Top 25% Students | - | INR 3.13 Lakhs |
| Average Stipend of Top 50% Students | - | INR 2.79 Lakhs |
| Major Domain | Sales & Marketing | Sales & Marketing |
| Major Sectors | - | FMCG/FMCD/E-Commerce |
| Top Recruiters | Citibank, HSBC, ICICI Bank, Cipla | Accenture Strategy, Aditya Birla Group, Cipla, Capgemini |
During IIFT Kolkata Summer Internship Placements 2023, a total of 121 recruiters participated in the placement drive, among which 45 were first-time recruiters. Recruiters like Accenture, Amazon, Citibank, McKinsey, Mahindra GMC, Capgemini, etc made internship offers.
The highest stipend of INR 4 Lakhs per month was offered to the students whereas the average stipend stood at INR 2.04 Lakhs per month. Top 10% average stipend stood at INR 3.24 Lakhs per month, top 25% average stipend stood at INR 3.13 Lakhs per month & top 50% average stipend stood at INR 2.79 Lakhs per month.
Also check IIFT Kolkata Hostel
IIFT Kolkata Summer Internship Placements 2023 Domain-Wise
The below table represents the domain - wise statistics of IIFT Kolkata Summer Internship Placements 2023:
| Domains | Percentage Of Students Placed |
|---|---|
| Sales & Marketing | 30% |
| Finance | 21% |
| Consulting | 15% |
| General Management & Strategy | 12% |
| IT & Analytics | 10% |
| Product Management | 7% |
| Trade & Operations | 5% |
In the summer internship placements of 2021-2023, the maximum number of students were offered internships from the Sales & Marketing domain (30%) followed by the Finance domain (21%).
IIFT Kolkata Summer Internship Placements 2023 Sector - Wise
The following graph shows the sector-wise statistics of IIFT Kolkata Summer Internship Placements 2023:
During IIFT Summer Internship Placements 2023, the highest number of offers came from the FMCG/FMCD/E-Commerce sector.
Also check IIFT Kolkata News & Articles
IIFT Kolkata Summer Internship Placements 2023 Top Recruiters
IIFT Kolkata Alumni Network
| Name of Organizations | Number of Alumni |
|---|---|
| Ericsson | 1 |
| EY | 1 |
| NTPC Limited | 1 |
| AMD Solutions | 1 |
| MNC Group | 1 |
IIFT Kolkata Placements FAQs
Ques. What was the salary offered in the final placement drive of 2022 at IIFT Kolkata?
Ans. In the placement drive of 2022 at IIFT Kolkata, the highest international CTC stood at INR 80 LPA, the highest domestic CTC stood at INR 46.5 LPA and the average CTC stood at INR 25.16 LPA.
Ques. How many recruiters participated in the final placement drive of 2022 at IIFT Kolkata?
Ans. In the placement drive of 2022 at IIFT Kolkata, over 82 recruiters participated in the placement drive among which 26 were new recruiters.
Ques. In which domain the maximum number of students were placed in the final placement drive of 2022 at IIFT Kolkata?
Ans. In the placement drive of 2022 at IIFT Kolkata, the maximum number of students were placed in the consulting domain.
Ques. What was the salary offered in the summer placement drive at IIFT Kolkata?
Ans. In the summer placement drive of 2021-23 at IIFT Kolkata, the highest stipend stood at INR 4, and the average stipend stood at INR 2.04.
Ques. How many recruiters participated in the summer placement drive at IIFT Kolkata?
Ans. In the summer placement drive of 2021-23 at IIFT Kolkata, over 121 recruiters participated in the placement drive among which 45 were new recruiters.
Ques. In which domain the maximum number of students were placed in the summer placement drive at IIFT Kolkata?
Ans. In the summer placement drive of 2021-23 at IIFT Kolkata, the maximum number of students were placed in the sales & marketing domain.
Ques. What is the duration of the summer internship programme at IIFT Kolkata?
Ans. The summer internship programme at IIFT Kolkata is for a duration of 2 months.
Ques. Which are the top recruiting companies at IIFT Kolkata?
Ans. Some of the top recruiting companies at IIFT Kolkata according to the 2022 report are Cognizant, Axis Bank, Bajaj Auto, Axtria, Flipkart, etc.
Ques. How many recruiters made Internship offers in the Summer Internship Placements of batch 2021-2023 at IIFT Kolkata?
Ans. In the Summer Internship Placements of 2023 at IIFT Kolkata, around 121 companies made internship offers among which 45 were new recruiters.
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IIFT Highest and Average Package
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IIFT: 5 Answered Questions
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.
What is the reason for the difference in placement opportunities between the IIFT Kolkata and Delhi campuses?
Location, industry connections, and alumni network affect IIFT Kolkata and Delhi placement possibilities.
- Location: Many of the region's top enterprises and organizations are near IIFT Delhi's campus in the city centre. This helps students network with possible jobs. However, IIFT Kolkata's remote location may make it harder for students to get jobs and network.
- Industry connections: IIFT Delhi has been founded longer than the Kolkata campus and has had more time to form links with important firms and organizations. This suggests that Delhi's industrial links may improve student placement.
- Alumni network: Current students can benefit from IIFT Delhi's wider alumni network. This network helps graduates find internships and jobs. Kolkata's alumni network may not be as large or well-established as Delhi's.
Placement prospects depend on each campus's programs and courses and students' success. However, the foregoing characteristics can influence student placement at each site.
How is IIFT Kolkata in terms of placement?
IIFT Kolkata is one of the premier institutes in terms of postgraduate courses in trade & business. Kolkata is the first place where it has chosen to set up its institute apart from Delhi. It has gained a lot of reputation for its international business courses.
Apart from its curriculum; its primary attractive factor is its infrastructure which makes it an even more preferable choice among individuals. The other major details regarding the college are as follows.
Academics:
-
It primarily offers postgraduate and certificate courses.
-
MBA, Executive MBA, and Ph.D. are the most preferred courses at the institute.
-
It is one of the institutes offering a consolidated program for International Business.
-
Certifications are offered in Capital & Financial Markets, Global Trade Logistics, and Export Management.
-
The admission to the major courses is through a graduate degree and score in CAT/MAT/XAT / GMAT score.
Fees:
-
The MBA program is offered at Rs. 7.6 Lakhs while the executive program is at Rs.90 lakh.
-
Certificate course fee range between Rs. 75000-Rs. 1 LPA.
Placement Details:
The institute is known for providing 100% placements. The process of placements is in two phases generally, summer and final placements. The details are described below.
-
Companies Participated- 98
-
Pre Placement offers- 93
-
Average Package Offered- Rs. 20.07 LPA
-
Total students participated-279
-
The co-curricular activities are also a positive point to be focused upon like Blash, Socrates, and Cashonova.
Major recruiters, sector-wise are given below in the table.
|
Trade & IB |
ADM, Aegis Resources, Export Trading Group, Tolaram |
|
Operations & Logistics |
Amazon, Maersk Line, Freight Tiger, Rivigo |
|
Sales & Marketing |
Airtel, Bajaj Auto, OYO, Value Labs, Swiggy. |
|
IT, Consulting & Finance |
Capgemini, IBM, InfoEdge, UnitedHealth Group, Infosys Consulting |
The highest package to date has been Rs. 1 crore. According to the student reviews the placement rate of the college is great with decent salary packages. It surely qualifies to be on the list while choosing a great college.
If I go for IIFT Kolkata instead of IIFT Delhi, will it make a difference in quality of education and my placements?
No. Minimal difference exists when it comes to placements, but nothing changes when the quality of education is talked about.IIFT Delhi and Kolkata are sister campuses and not separate branches like IIMs are. You will be taught by common professors, get the same degree upon graduating. Both campuses go through the same academic rigor, led by the common administration. Even the competitions open for IIFT Delhi are inherently open for the Kolkata campus as well.
Placements are common, the administration is common, Kolkata has a better infrastructure, they have the same academic rigor in both the campuses, the competitions open for IIFT Delhi is automatically open for Kolkata as well, even if it is written IIFT Delhi in the eligibility criteria of the Corporate competitions.
|
Categories |
IIFT Kolkata |
IIFT Delhi |
|
Course Fee |
8-16.25 lakh |
8-16.25 lakh |
|
Placement Percentage |
90-100% |
90-100% |
|
Highest CTC |
29 LPA |
20 LPA |
|
Average CTC |
19.23 LPA |
15 LPA |
|
Recruiting Companies |
LOreal, Dell, Phillips, ITC, Shell, HSBC |
Goldman Sachs, JPMC, Unilever, Godrej, TCS, P&G |
Though the placements are common for both the campuses, I have heard that a few companies consider only IIFT Delhi students. You may even face some discrimination outside your campus life, as people are not fully aware of the IIFT structure. Some think that IIFT Delhi and Kolkata are different B Schools operating independently, thus creating the ground for inequity.
Hence, IIFT Kolkata is not a bad choice, but IIFT Delhi has certain privileges. In case you convert to IIFT Kolkata, you will enjoy the common perks as well.
What is the placement like at the IIFT in Kolkata?
IIFT Kolkata placements have been excellent for recent years. It maintained a record 100% placement rate over the last few years. Here are the 2020 placement highlights for the institute.
| Parameters | Statistics |
| Total no of recruiters | 125+ |
| Highest international package | INR 75 LPA |
| Highest domestic package | INR 46.45 LPA |
| Average package | INR 20.48 LPA |
| Average package of top 100 students | INR 29 LPA. |
ITC, City Bank, L&T, Phillips, TATA Sky, L’Oreal, etc. are some of the major recruiters to take part in IIFT placements.
IIFT Alumni Distribution By Companies
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Frequently Visited Companies
| Companies | |||
|---|---|---|---|
| Aditya Birla Group | Amazon | Bain & Company India Private Limited | Cognizant |
| Dell | Ernst & Young | Flipkart | IBM |
| Idea Cellular | Infosys | Maruti Suzuki | Tata Motors |
| Wipro | 3M | Accenture | Deloitte |
| Goldman Sachs | HDFC Bank | Hewlett-Packard (HP) | |
| HSBC Bank | ITC | JP Morgan | Shell |
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