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How are the hostels at IIFT Delhi and Kolkata?
IIFT Delhi and Kolkata campus offers good hostel facilities. The Delhi campus has three hostels - C9, Old hostel, and new hostel. The rooms are 2 or 3 sharing. Students are provided with mess facilities. IIFT Delhi hostel fees are around INR 45k-54k.
IIFT Kolkata offers hostel facilities as well. The rooms are spacious and have basic amenities. IIFT Kolkata hostel fees are around INR 50k.
How are placements at IIFT Kolkata? What is the lowest package?
I have a few friends who are IIFT Kolkata alumni. Here is what they had to say about the placement at the institute.
At IIFT Kolkata, the placement scenario is similar to that of the placement scenario of IIFT Delhi. Here are the recent placement statistics for the institute.
|
No of Recruiters |
125+ |
|
No of PPOs |
93 |
|
No of International Offers |
10 |
|
Average CTC |
20.48 LPA |
|
Highest CTC |
75 LPA |
|
Top Sectors |
IT/Analytics/Consulting |
|
Major Recruiters |
Yes Bank, Citi Bank, L&T, etc. |
If you are talking about the lowest package, there are chances of that lowest package to be a complete zero too. You should be curious and asking about the highest package that is offered at IIFT Kolkata instead of wondering what the lowest package offered is.
Should I join IIFT Kolkata given the current covid scenario?
You must decide the reason before going for MBA - is it sluggish career growth or do you want to upskill or diverting career to management/ entrepreneur.
IIFT Kolkata is no less than IIFT Delhi. There are central placements for both campuses. The majority of the companies do not differentiate students based on campus. Therefore, the opportunities for both campuses are similar, other than the fact that the NIRF Ranking for Management 2020 of IIFT Delhi being at 26th rank.
IIFT in Covid Times
- IIFT Kolkata offers a two-year MBA (IB). The macroeconomic situation of the country is hard to predict. The expectation is to recover in the coming years. By the time you graduate, the placements are to show positive trends as per expectations.
- The intake of IIFT is small as compared to other B-Schools. So, it's an advantage especially, at the Covid-19 times when things are going virtual.
- The Summer Internship (SIP) might not be the best, but IIFT is a prestigious institute having good relationships with several renowned companies. So, a high probability that IIFT will be on their list of recruitment. The profile might not be your dream. But in the long run, it will turn out to be beneficial.
The placements are secondary for an MBA. The main thing is the objective of your MBA. If you look forward, joining IIFT is an excellent choice.
Does IIFT Kolkata consider past academic records?
IIFT Kolkata selection criteria don’t assign specific weightage to past academics. The institute allows students with more than 60% marks (general category) to apply. However, having a good academic record will certainly elevate the chances of getting shortlisted. Students with mediocre academics and overall good profiles with different achievements and extracurricular activities, also have a good chance of getting a shortlist.
Which is better, IIFT Delhi, IIFT Kolkata, or IIFT Kakinada?
Among all the campuses, IIFT Delhi is the best option. The Delhi campus is the oldest and offers better facilities. In terms of academics and placements, there is no such difference between different IIFT campuses. Students from all three campuses get equal opportunities. But, due to the location advantage of the Delhi campus, it's easier to get placements, internships, and projects. During IIFT Delhi placements 2022, the median CTC offered was INR 24 LPA. Major MNCs like Accenture, Deloitte, Raymond, TCS, etc. visit the IIFT placements.
Which should be preferred among IIFT Kolkata and the new IIMs?
IIFT Kolkata is better than new IIMs. It constantly ranks among the top B-School in India and Asia-Pacific region. Their International Business program is excellent. IIFT kolkata placements are excellent. During the 2022 placement drive, students received a median CTC of around INR 18.20 LPA. More than 125 recruiters took part in the placement drive.
With years of legacy and a well-established alumni base, IIFT Kolkata offers excellent opportunities and exposure to students.
How is IIFT Kolkata when compared to NMIMS?
NMIMS Mumbai is a better college for Finance, Consulting, and Marketing. It is more recognized in the industry and more a number of recruiting companies. NMIMS placements 2022 concluded with an average CTC of INR 23.07 LPA. More than 60+ Fortune 500 companies took part in the campus drive. The job roles offered at NMIMS are also better compared to IIFT K.
Located at the Financial epicenter of the country, Mumbai, the institute offers better exposure. Overall, NMIMS offers a better MBA experience.
I want to pursue an MBA in marketing as my major. What are the pros and cons of IIFT Delhi, IIFT Kolkata and NMIMS Mumbai?
It is important to evaluate IIFT Delhi, IIFT Kolkata, and NMIMS Mumbai for an MBA in Marketing and compare their offerings, including curriculum, placement opportunities, and return on investment (ROI).
IIFT Delhi and Kolkata are both part of the Indian Institutes of Foreign Trade (IIFT) and offer similar programs and opportunities. As such, when comparing IIFT with other institutions such as NMIMS, IIFT is considered to be superior in many aspects.
One of the key advantages of IIFT is its better ROI. The course curriculum is designed to provide a rigorous education with a focus on international business. Additionally, IIFT has a strong track record of improving its placements each year. The current batch of students has achieved the highest placements among all top B-schools, including the Indian Institutes of Management (IIMs).
In considering these factors, IIFT may be a strong option for those looking for a graduate program in management with a focus on international business and strong placement opportunities. However, it is important to conduct thorough research and evaluate all options before making a final decision.
Which is better between IIFT Kolkata and SJMSOM?
IIFT Kolkata ranked 31st in India 2019 and the only institute that has been consistently ranked among the top 10 B-Schools in the country.
SJMSOM ranked 11th in the management category in the NIRF Rankings 2020. The institute consists of a faculty strength of 30 members.
Admission process:-
IIFT Kolkata
- Minimum of 50% marks in a bachelor’s degree.
- The cutoff required in the GMAT exam for this course is 115-118 out of 300.
- The total fees required is INR 7.6 LPA.
- The total intake is 140.
SJMSOM
- A graduation degree in any subject with a minimum of 60% marks from a recognized university.
- The candidates will be shortlisted based on the written test and personal interview conducted by the institute.
- The cutoff required in the CAT, XAT, GMAT exams is 90.
- The fees required is INR 9.61 LPA.
- The total intake is 152.
Placements
IIFT Kolkata always maintains 100% placements every year. The highest package received is INR 1.5 crore in 2019.
SJMSOM witnessed 100% placements yet again in the 2019-20 placement drive. The institute also saw a steep hike of 14% in the average salary since last year.
The table given below shows the placement statistics of both institutes:
|
Categories |
IIFT Kolkata |
SJMSOM |
|
Placement percentage |
100% |
100% |
|
Highest package |
INR 1 Crore |
INR 32.8 LPA |
|
Average package |
INR 20.07 LPA |
INR 20.98 LPA |
The top recruiters are Axtria, Polycab, Zomato, Paytm, Google, PwC, L&T, JP Morgan, Accenture, etc.
Facilities
- IIFT Kolkata is a veritable storehouse of information and includes almost 3780 books in all the areas relevant to management.
- The labs at IIFT Kolkata are well equipped with the latest computer technology with Wifi enabled facilities.
- The library of SJMSOM has a total of 6638 books and 851 journals on relevant topics.
- SJMSOM has two computer labs for the management programs and are connected to 100 Mbps LAN.
IIFT Kolkata is essentially a B-School offering MBA in various disciplines like marketing, finance, strategy, etc. SJMSOM is an IIT and not a traditional B-School but is quickly finding its way into the top bracket.
IIFT Kolkata provides a lot of opportunities to initiate new developments and contribute to the new campus. Although SJMSOM might have better placements in technology and other allied sectors, IIFT Kolkata is arguably a better business school than SJMSOM.
Which would be a better choice of B school between New IIMs (Ranchi, Raipur, etc.), MDI, IIFT Kolkata, IIT-B (SJMSOM) with finance as a specialization?
Among these colleges, IIFT Kolkata or MDI will be better for Finance. According to MDI Gurgaon placements 2022 record, BFSI, and E-Commerce sectors had placement rates of 22% and 13%. During 2021 placement drive, 55 students from MDI were placed in the Finance sector. The highest CTC offered in this sector was INR 21-23 LPA.
You can also consider IIFT Kolkata. It offers similar opportunities as IIFT Delhi, in the Finance sector. During IIFT Kolkata Summer placements 2021, the top recruiting sector was BFSI.
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