The Indian Institute of Foreign Trade (IIFT), Delhi has successfully concluded the summer internship placement process for MBA batch of 2012-13. Around 200 students were provided offers from 79 companies. The students were provided 7 international offers from trading and logistics firms at Middle East and South Asian countries. Goldman Sachs was the largest recruiter with 8 offers in its Investment Banking division. The manufacturing giant Illinois Tool Works offered its prestigious packaging operations profile for the first time at IIFT. Tata Group companies made a total of 13 offers. The highest international offer provided for a position at trading space was $ 50,000. In the class of 2014 batch, around70% of the students have a prior work experience in various fields like Manufacturing, BFSI, Market Research, IT, Consulting, Accounting etc.
Number of companies that made offers
First time recruiters
Average Stipend offered
Sectoral Break Up:
The class of 2014 saw diverse sector offerings for summer internships. BFSI sector was the most preferred choice followed by FMCG and Manufacturing. In terms of total offers, Pharma & Healthcare and e-commerce sectors saw unprecedented improvement over last year. The sector wise breakup of the summer internships for the batch of 2014 is as follows.
Sales and Marketing- Sales & Marketing offers continued their upward trend at IIFT and the institute yet again attracted the biggest names in this domain which includes FMCG, Pharma powerhouses, chemicals, telecom, Media & Advertising etc. The prominent recruiters for sales and marketing domain are Britannia, Colgate Palmolive, Dabur, Godrej, Kellogg’s, Bharti Airtel, Philips, Maruti Suzuki, Titan, Redbus, and McCann Erickson etc.
Strategy & general management- Strategy & General Management profiles had offers from top recruiters for different roles. Some of the prominent recruiters include Robert Bosch, Mahindra and Mahindra, RPG, Raymond, Ilios India Group etc.
Finance-The premier recruiters reposed their faith in IIFT despite the global economic slowdown by offering the students placements under various profiles which includes investment banking, advisory, Treasury, Corporate Finance, Consumer and Wholesale Banking, Credit Rating, Banking Operations, Trade Finance etc. Some of the top recruiting companies like Goldman Sachs & HSBC and Langham Capital provided offers to the students. The other major recruiters visiting the campus were Citibank, GE Capital, RBI, Edelweiss, ICRA, DCB, Bajaj Allianz, Tata Capital & Bank of Baroda.
Consulting & It/ITES-The students were placed under HR consulting, Manufacturing Consulting, Project Management, BFSI and Business Development profiles. PwC made the highest number of offers. Some of the other prominent recruiters under consulting profile include Avalon Consulting, Corporate Executive Board, Cognizant Business Consulting, QAI Global and T&A consulting. The top IT/ITES recruiters are Flipkart, Dassault Systems, HCL, Sab Miller, TCS and Wipro
Trade & International Business- Under this domain the students were offered trade and international business roles for various profiles which include Commodity Trading,Agri-trading etc. The top recruiters are Louis Dreyfus, Adani Wilmar, Godrej Agrovet, Hero Motorcorp, L N Bangur Group, MMTC, PDS International, Powergrid, Promed Group & STC.
Operations- IIFT attracted some of the biggest names in the industry that offered their prestigious operations profile.Mobile Giant Nokia & Tata Steel were the largest recruiters with both offering multiple roles in Operations, Supply Chain Management and Sourcing.Other notable recruiters include DSCL, Maruti Suzuki and SAIL etc.
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