The prestigious National Institute of Fashion Technology (NIFT) has issued a clarification on placements and claimed high placement as well as packages for the session 2018-19.
Recently Government issued NIFT placement data which showed downfall in placements for 2018-19. Clearing the air on the same, NIFT maintained that the data was only up to May 2019, while placement continues till September.
“This year (2018-19) has been one of the best years so far for NIFT placements. The average pay package increased by 34 per cent over the previous year and the absolute number of placements at a comparable point in time is also the highest on record (934 against 756 last year). As per records, till May 2019, 130 international job offers were generated for NIFT graduates, which is 60 per cent more than the previous year. There has also been a steady increase in pre-placement offers available to NIFT graduates, which recorded 29 per cent growth this year compared to the previous year,” NIFT maintained in its reply.
The number of job seekers during Campus Placements 2018–19 held from 22 April to 3 May (2019) was 2,520. This was 24 per cent higher than that achieved in the Campus Placements of 2017–18.
“This in itself is an indication of greater expectations among students. 111 graduates opted to pursue higher studies during 2018–19,” NIFT claimed.
It further adds that NIFT continuously promotes entrepreneurship and encourages its graduates to become entrepreneurs. The percentage of graduates opting for entrepreneurial ventures increased by 38 per cent over the previous year and a total of 121 graduates chose to become entrepreneurs in the year 2018-2019, opting out of campus placements.