Top companies, including the Tata Group, HUL and Goldman Sachs, have participated in the annual campus placement programme at the Indian Institute of Foreign Trade (IIFT).
IIFT, in a statement, said that there is “a remarkable increase” in the offers by leading recruiters this year.
“The top brands that dominated the placement season at IIFT this year include HUL, ITC, Goldman Sachs, Nestle, Shell, GE, Deloitte, Google, Amazon and Citibank,” it said.
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The institute saw a good turnout in its summer placements, with 288 students of MBA (International Business) 2016-18 batch clinching the best of brands from the industry.
“The average stipend has been Rs 1.24 lakh as compared to Rs 1.10 lakh last year. Nearly 60 per cent of the batch were offered a six-figure stipend,” it added.
The Tata group (Tata Steel, Tata Motors, Titan, Tata International and TCS) made a total of 16 offers.
The institute was set up by the government to help professionalise the country’s foreign trade management and increase exports by developing human resources, generating, analysing and disseminating data and conducting research.
Pay packages seem to be going higher for most campus-placed students as recently, an MCA student from the University of Hyderabad was able to bag an offer of Rs 40 lakh per annum, which is excluding other benefits, by Japan-based company Works Applications Co Ltd.
Ravichandra Mangipudi was chosen via the campus placement programme by the company for its Singapore office as research and development engineer, the University of Hyderabad had said.
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