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IFMR GSB Placements 2023: Average Package: INR 13 LPA & Highest Package: INR 20 LPA

Sri City, Andhra PradeshEstd 1970 Krea University, Sri City

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IFMR GSB Placements 2023: Average Package: INR 13 LPA & Highest Package: INR 20 LPA

Written By Mayank Badhwar

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.

Read IFMR GSB Admission 2022

Table of Content

IFMR GSB Placement Report 2023
IFMR GSB Placements 2021 Sector-Wise
IFMR GSB Placements Year-Wise Trends
IFMR GSB Placements 2021 MBA Batch Profile
IFMR GSB Placements 2023 Top Recruiters
IFMR GSB Summer Internship Placements 2024
IFMR GSB Alumni Network
IFMR GSB Placement FAQs

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

Highest PackageAverage Package

22.90 L

13.50 L

04.6 Lakhs9.2 Lakhs13.7 Lakhs18.3 Lakhs22.9 Lakhs

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IFMR GSB: 1 Answered Question

Is IFMR Chennai good for specialization other than finance in terms of placement?

Rachita BanerjeeMBA from Institute for Financial Management and Research, Chennai (2020)

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.

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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