Indian Institute of Foreign Trade, Kolkata

According to official sources, IIFT Kolkata concluded its placement drive for the year 2021-23 batch. As per the report, the highest domestic and international package (for overall placements of IIFT campuses) stood at INR 75.6 LPA and INR 85.4 LPA. Further, the average and median package offered during IIFT Kolkata placements 2023 was INR 29.1 LPA and INR 26.5 LPA, respectively. A total of 108 recruiters with 36 new recruiters participated during placements in 2023. Major giants participated during placements including Amazon, Flipkart, Amul, EY, Infosys, etc. This placements and salary data, however, is overall for all the IIFT campuses since there is no update on campus-wise placements data.

The final cutoffs for admission to the MBA-IB 2023-24 batch is not out yet. However, the final cutoffs for IIFT admission 2022 were released along with the final merit list in May 2022. Check the table below for category-wise final IIFT cut-offs 2022:IIFT CategoryIIFT Cut Off 2022General52.75General-EWS47.75OBC-NCL47.75SC42.75ST42.75PwD42.75Kashmiri Migrants / Non-Migrants53.67The IIFT overall cutoff in 2022 was lower for the General/ General-EWS / OBC-NCL categories and higher for SC / ST/ PwD / Kashmiri Migrants / Non-Migrants categories compared to the year 2021. A year-wise comparison of the same is tabulated below:IIFT Student CategoryIIFT cut-offs 2021IIFT cut off 2022General43.542.6General-EWS/ OBC-NCL SC/ ST/ PwD/ Kashmiri Migrants/ Non-Migrants3635.1SC/ ST/ PwD/ Kashmiri Migrants/ Non-Migrants1527.6

Indian Institute for Foreign Trade is a pioneer institute in the country to study Foreign Trade. There are four IIFTs in the world, of which three are situated in India (Delhi, Kolkata and Kakinada), and one is in Tanzania. But in those four, two of the most popular ones include IIFT Delhi and IIFT Kolkata. Talking about the difficulty level of the exam, the Quantitative Aptitude section of IIFT is comparatively tough if compared with CAT (this section is moderately tough in CAT). Hence, for some candidates, IIFT comes across as a tougher exam. Additionally, the IIFT entrance exam is inclusive of a General Knowledge section which is not part of the CAT exam. Since CAT is considered the top-notch level exam for MBA admission in India, candidates can read more about CAT vs IIFT here.

The key highlights of IIFT Kolkata MBA IB summer placements 2022-24 batch is presented in the table below:ParticularsMBA IB Statistics (2022-2024 Batch)the highest stipendINR 4.40 lakhAverage stipendINR 2.63 lakhMedian stipendINR 2.50 lakhTotal companies 100New recruiters36The trend graph below showcases the highest, average and median stipend offered in the last three years:The table below showcases the stipend offered during IIFT Kolkata summer placements over the last three years:Particulars2020-22 Batch2021-2023 Batch2022-2024 BatchHighest INR 3.2 lakhINR 4 lakhINR 4.4 lakhAverage INR 1.56 lakhINR 2.04 lakhINR 2.63 lakhMedianINR 1.5 lakhINR 2 lakhINR 2.5 lakhNote: The stipend was offered for a period of two months.