IIFT Kakinada - Indian Institute of Foreign Trade Answered Questions

The highest and average stipend offered during IIFT Kakinada MBA IB summer placements for the batch of 2022-24 stood at INR 4.4 Lacs and INR 2.63 Lacs for two months, respectively. The key highlights of IIFT Kakinada MBA IB summer placements for the batch of 2022-24 as compared with batches of 2021-23 and 2020-22 are presented below:ParticularsMBA IB Summer Placement Statistics (2020-22 Batch)MBA IB Summer Placement Statistics (2021-23 Batch)MBA IB Summer Placement Statistics (2022-24 Batch)the highest stipendINR 3.2 lakhINR 4 lakhINR 4.4 lakhAverage stipendINR 1.61 lakhINR 2.04 lakhINR 2.63 lakhMedian stipendINR 1.5 lakhINR 2 lakhINR 2.5 lakhTotal recruiters123121100New recruiters464536Note: The stipend offered are for two-month duration.

Professional Services sector emerged as the top recruiting sector that placed 23% of the total students during IIFT Kakinada MBA IB placements 2023. The sector-wise placement distribution recorded during IIFT Kakinada MBA IB placements 2023 is presented below:SectorsMBA IB Placement Distribution (2023)Professional Services23%BFSI21%IT17%FMCG/FMCD/Retail14%Energy/Industrial/Materials/Real Estate8%E-commerce & Telecom6%Transportation/Logistics/Trade5%Pharma & Healthcare4%Automobile2%