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IFMR GSB Placements 2023: Average Package: INR 13 LPA & Highest Package: INR 20 LPA
IFMR GSB Placements 2023: Average Package: INR 13 LPA & Highest Package: INR 20 LPA
IFMR Graduate School of Business popularly known as IFMR GSB is conducting its placement drive for the batch 2023 and the Highest CTC stood at INR 20 LPA whereas the Average Package increased by 20% which stood at INR 13 LPA.
IFMR GSB recently concluded its 2022 placement drive, in which, average salary increased by more than 10% compared to the last year. 165 students out of 175 students were placed. The highest salary package stood at INR 18 LPA.
Some of the top recruiters including World Bank, Deloitte, IDFC Bank, Credit Suisse, Fargo, JP Morgan and many others.
Table of Content
IFMR GSB Placement Report 2023
| Batch | Placement Statistics (2020-22) | Placement Statistics (2021-23) |
|---|---|---|
| Number of Students participated | 175 | 184 |
| Number of students placed | 165 | 158 |
| Companies Participated | 78 | 39 |
| Highest CTC | INR 18 LPA | INR 20 LPA |
| Average CTC | - | INR 13 LPA |
| Top Recruiters | Deloitte, Accenture, KPMG, PwC | Deloitte, Barclays, Tata International, SBI Capital |
During the 2023 placement drive, 39 recruiters visited the campus. 184 students participated in the placement drive & 158 of them got placed. The highest salary rose up to INR 20 LPA. Average salary increased by more than 20% compared to the previous year.
Recruiters like Deloitte, Barclays, Tata International, SBI Capital participated in the placement drive of 2023.
IFMR GSB Placements 2021 Sector-Wise
The following table represents the sector-Wise placements of IFMR GSB:
| Sector | Percentage of Students Placed |
|---|---|
| BFSI | 53% |
| IT | 29% |
| Consulting | 16% |
| Others | 2% |
In the placement drive of 2021, the maximum number of students were placed in the BFSI (53%) sector followed by the IT Sector (29%).
IFMR GSB Placements Year-Wise Trends
The following table represents the year-wise average salary trends:
| Years | Average Salary (INR) {Finance + Consulting} | Average Salary (INR) {Finance + Consulting + TechFin} |
|---|---|---|
| 2017-18 | 10.4 LPA | 9.9 LPA |
| 2018-19 | 10.3 LPA | 10.2 LPA |
| 2019-20 | 10.3 LPA | 10.1 LPA |
| 2020-21 | 11.4 LPA | 10.9 LPA |
During the 2021 placement drive there is 10% increase in the average Salary Offered.
IFMR GSB Placements 2021 MBA Batch Profile
The following table represents the 2021 MBA placements batch profile:
| Gender Diversity | |
|---|---|
| Males | 61% |
| Females | 39% |
During the 2021 placement drive, the maximum number of students are males.
The following table represents the past work experience of students of IFMR GSB:
| Particulars | Percentage of Students |
|---|---|
| Fresher | 58% |
| 6 - 12 Months | 3% |
| 13 - 24 Months | 21% |
| 25 - 36 Months | 11% |
| 37 - 48 Months | 6% |
| 48+ Months | 1% |
The following table represents the educational profile of students that participated in the placement drive of 2021:
| Courses | Percentage of Students |
|---|---|
| B.Com | 31% |
| B.Sc | 6% |
| B.Tech | 28% |
| BA | 3% |
| BBA | 8% |
| BE | 21% |
| others | 3% |
Maximum number of students had B.Com and UG degree.
IFMR GSB Placements 2023 Top Recruiters
| JP Morgan Chase | Wells fargo | SociétéGénérale |
| CITI | Deloitte | IDFC First Bank |
| Accenture | Cognizant | HDFC Bank |
IFMR GSB Summer Internship Placements 2024
| Batch | 2019-21 |
| Students Placed | 60 |
| Highest Stipend | INR 2 Lakhs |
| Regular Recruiters | Barclays, EY, TATA Group |
IFMR GSB Alumni Network
| Name of the Organisation | Number of Alumni |
|---|---|
| JP Morgan Chase & Co. | 52 |
| Deloitte India | 49 |
| Cognizant | 47 |
| IFMR GSB | 38 |
| CRISIL Global Research & Analytics | 34 |
| Standard Chartered Bank | 33 |
| HSBC | 31 |
| Infosys | 30 |
| EY | 23 |
| Credit Suisse | 23 |
| Genpact | 21 |
| Barclays | 18 |
| HCL Technologies | 18 |
| TCS | 17 |
| HDFC Bank | 17 |
IFMR GSB Placements FAQs
Ques. What sort of salary packages were offered to the students in the placement drive of 2021 at IFMR GSB?
Ans. In the placement drive of 2021 at IFMR GSB, the average CTC rose to INR 10 LPA whereas the top 25% and 10% students received the average CTC of INR 13.4 LPA and INR 14.6 LPA respectively.
Ques. In which sector does the maximum number of students were placed at IFMR GSB placements of 2021?
Ans. In the placement drive of 2021, the maximum number of students were placed in the BFSI (53%) sector followed by the IT Sector (29%).
Ques. What sort of salary packages are offered at IFMR GSB placements 2020?
Ans. In the placement drive of 2020, the highest CTC stood at INR 13.6 LPA and the average CTC stood at INR 9.37 LPA and the median CTC stood at INR 9.5 LPA whereas the the top 50%, 25% and 10% average CTC stood at INR 10.8 LPA, 11.8 LPA and 12.8 LPA respectively.
Ques. Which are the top recruiting companies at IFMR GSB?
Ans. Some of the top recruiting companies at IFMR GSB are Deloitte, JP Morgan Chase, Standard Chartered Bank and many more.
Ques. What is the stipend offered at the 2021 summer internship placement drive of 2021 at IFMR GSB?
Ans. In the summer internship placement drive, the highest stipend stood at INR 1 Lakh whereas the average and median Stipend stood at INR 38.4K and INR 30K respectively.
Ques. In which sector does the maximum number of students are placed every year at IFMR GSB?
Ans. From the past 3 years, IFMR GSB 50-75% placements are made in Finance, Consulting and Technology sectors and this year also 87% placements are made in these sectors only.
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IFMR GSB Highest and Average Package
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IFMR GSB: 1 Answered Question
Is IFMR Chennai good for specialization other than finance in terms of placement?
Yes, it is. IFMR Chennai isn’t a Finance school. Although the institute is widely recognized in the Finance domain, it is equally reputed as a general business school.
IFMR GSB offers one of the best Data Science specializations in the country. Students get employed in roles ranging from Consulting to Risk Analyst to Market Research through the campus drive.
Frequently Visited Companies
| Companies | |||
|---|---|---|---|
| Bank of America | Cognizant | Ernst & Young | Infosys |
| Wipro | Accenture | Deloitte | HDFC Bank |
| JP Morgan | Citi Bank | ICICI Bank | Crisil |
| Societe Generale Global Solutions | Samunnati | Northern Indian Railways | Credit Suisse Singapore |
| IDFC First Bank | WELLS FARGO | HCL | |
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