IBS Mumbai Placement 2022: Average Package: INR 7.14 LPA & Highest Package: INR 53.45 LPA

Mumbai, MaharashtraEstd 1995
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IBS Mumbai Placement 2022: Average Package: INR 7.14 LPA & Highest Package: INR 53.45 LPA

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Written By Mayank Badhwar 

IBS Mumbai popularly known as ICFAI Business School Mumbai is one of the top business schools in the country. The institute has an active placement cell that conducts placement drives every year. During ISB Kolkata Placements 2022, 98% of the participating students got placed. The highest international salary stood at INR 53.45 LPA & the highest domestic salary stood at INR 15 LPA. Students received an average salary of INR 7.14 LPA. The top 10% students received an average salary of INR 12.18 LPA & the top 25% students received an average salary of INR 9.69 LPA.

Some of the past recruiters of IBS Mumbai are HDFC Bank, Mygate, ICICI Bank, TCS and many more.

Read IBS Mumbai Admission 2022

IBS Mumbai Placements 2022 Report

Particulars Placements 2021 Placements 2022
Number of Students 1006 -
Students Placed 720 98%
Highest International Salary INR 10.64 LPA INR 53.45 LPA
Highest Domestic Salary INR 12.40 LPA INR 15 LPA
Average Salary INR 6.83 LPA INR 7.14 LPA
Top 10% Average Salary INR 10.33 LPA INR 12.18 LPA
Top 25% Average Salary INR 9.83 LPA INR 9.69 LPA

During IBS Mumbai Placements 2022, 98% of the participating students were placed. The highest international salary stood at INR 53.45 LPA & the highest domestic salary stood at INR 15 LPA. Students received an average salary of INR 7.14 LPA. Top 10% of the students received an average salary of INR 12.18 LPA & top 25% of the students received an average salary of INR 9.69 LPA. 

The following table represents the campus-wise comparative analysis between ISB Hyderabad, ISB Bangalore, ISB Pune and ISB Kolkata:

Location Highest Salary Average Salary Placement Percentage
Hyderabad INR53.45  LPA INR 8.71 LPA 97%
Bangalore INR 22.16 LPA INR 7.02 LPA 94%
Pune INR 53.54 LPA INR 6.78 LPA 99%
Kolkata INR 22 LPA INR 7.11 LPA 99%

Check IBS Mumbai Courses & Fees

IBS Mumbai Placements Year-Wise Trends 

The following table represents the year wise placement trends of IBS Mumbai:

Particulars 2020-21 2021-22
Highest International Salary INR 10.64 LPA INR 53.45 LPA
Highest Domestic Salary INR 12.40 LPA INR 15 LPA
Average Salary INR 6.83 LPA INR 7.14 LPA
Top 10% Average Salary INR 10.33 LPA INR 12.18 LPA
Top 25% Average Salary INR 9.83 LPA INR 9.69 LPA

During IBS Mumbai Placements 2022, the following placement trends have been observed:

  • The highest international salary increased from INR 10.64 LPA to INR 53.45 LPA.
  • The highest domestic salary increased from INR 12.40 LPA to INR 15 LPA.
  • The average salary increased from INR 6.83 LPA to INR 7.14 LPA.
  • Top 10% average salary increased from INR 10.33 LPA to INR 12.18 LPA.
  • Top 25% average salary invcreased from INR 9.83 LPA to INR 9.69 LPA.

IBS Mumbai Placements 2021 Top Recruiters

HDFC Bank Mygate IDFC Bank
ICICI Bank TCS Federal Bank
Kotak Mahindra Bank SSC Globeop Financial Services ACC Ltd.

IBS Mumbai Summer Internship Placements 2021

The following table represents the major recruiters that participated in the summer internship placement drive of 2021:

Anand Rathi Securities Axis Bank Emami
Coca Cola CITI Bank DE Shaw
HDFC Bank ITC SBI

IBS Mumbai Alumni Network

Name of the Organisation Number of Alumni
ICICI Bank 149
HDFC Bank 135
TCS 69
Kotak Mahindra Bank 61
Deloitte India 53
IBS Mumbai 51
JP Morgan 45
IDFC First Bank 44
Aditya Birla Sun Life Insurance 42
Yes Bank 39
ICICI Prudential Life Insurance 35
Deloitte 32
EY 31
MyGate 30
ICICI Securities 26

IBS Mumbai Placements 2021 FAQs

Ques. What sort of salary packages are offered at IBS Mumbai?

Ans. In the placement drive of 2021, the highest international CTC stood at INR 10.64 LPA and the highest domestic CTC stood at INR 12.40 LPA whereas the top 25% and 10% students received the average CTC of INR 10.33 LPA and INR 9.83 LPA respectively.

Ques. How many students are placed in the recruitment drive of 2021 at IBS Mumbai?

Ans. During the placement drive of 2021, 720 students were placed out of 1006 students.

Ques. Which are the top recruiting companies at IBS Mumbai?

Ans. Some of the top recruiters of IBS Mumbai are HDFC Bank, Mygate, ICICI Bank, TCS and many more.

Ques. What is the average package offered to the top 25% students of IBS Mumbai at the recruitment drive of 2021?

Ans. The top 25% students received an average stipend of INR 10.33 LPA.

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IBS Mumbai Highest and Average Package

Highest PackageAverage Package
20 L
8.30 L
04.0 Lakhs8.0 Lakhs12.0 Lakhs16.0 Lakhs20.0 Lakhs

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IBS Mumbai: 1 Answered Question

Which B school is better in placement offers as per job roles, IFIM Bangalore, IMI Bhubaneswar, or Kolkata or ICFAI IBS Hyderabad or Mumbai?

Gaurav YadavPGDM from IMI Kolkata (Graduated 2020)

It is important to note that when it comes to placements in tier 3 B-schools, the job profiles offered are generally similar, with a focus on sales. However, the location of the B-school can have a significant impact on the placement opportunities available to students.

In cities where there are multiple B-schools located, such as Bangalore, Hyderabad, and Mumbai, competition between schools can be high, which affects the placements available to students. In contrast, schools located in cities without significant competition, such as IMI Kolkata and IMI Bhubaneshwar, may provide more reliable and decent placement opportunities.

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