The Indian Institute of Foreign Trade (IIFT) guarantees 100% placement for its MBA (IB) students, covering both summer internships and final placements. Over 100 companies are involved in the summer internships, offering an average stipend of 2.63 lakhs for two months, with a maximum of 4.4 lakhs. For final placements, the average salary package is 29.1 lakhs, with a median of 26.5 lakhs and the highest domestic offer reaching 76.5 lakhs.
The top 25% of students secure an average package of 46.5 lakhs. Key recruiters include JPMC, Goldman Sachs, McKinsey, BCG, and Amazon, among others. Placement distribution includes 22% in sales and marketing, 20% in consulting, 18% in finance, and the rest across various domains. The MBA (IB) program costs approximately Rs 21.77 lakhs over two years, covering tuition, accommodation, and other fees, paid in six installments. Scholarships are available, such as the National Scholarship Scheme, which offers Rs 15,000 monthly for 10 months, the OP Jindal Scholarship of Rs 1.5 lakhs for meritorious students, and the EXIM Bank Scholarship of Rs 3.5 lakhs for top SC/ST performers.
SC/ST students also benefit from a 50% fee waiver. The program's strong placement results offer a significant return on investment, and the institute collaborates with banks to streamline student loan processes.
Comments