KREA University Placement 2020: Highest & Average Package, Summer Placement

IFMR Graduate School of Business (IFMR GSB), Krea University has been offering the MBA program in Finance, Marketing, IT, Operations, HR, and Strategic Management, with additional specializations in Banking Financial Services and Insurance (BFSI) & Data Sciences (Business Analytics).

The university recently released their final placement report for the MBA batch of 2018-20. The university witnessed a 10% hike in its average salary package as it took a leap from the previous year’s INR. 8.67 lacs per annum to INR. 9.41 lacs per annum, this year. 

The highest salary package suffered a steep downfall in comparison to its previous year as the 2020 batch bagged the highest CTC of INR. 13.6 lacs per annum. Median salary for the two-year MBA was INR. 9.50 lacs per annum. 

The top 10% of the batch walked away with INR.12.86 lacs per annum, followed by the top 50% with an average of INR.10.6 lacs per annum. Candidates with experience landed with an average of INR. 10 lacs per annum and the freshers with INR. 8.9 lacs per annum.

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Some of the top recruiters were NZ, Bank of America, Barclays, Crisil, GIC Housing Finance, HDFC Bank, ICICI Prudential Life, Societe Generale, IDFC First Bank, JP Morgan Chase, Deloitte USI, Ernst & Young, and etc.

KREA University Year-wise Salary Trends 2020

During the year 2019, the university had achieved a 100% placement of the record with a batch size of 239 students. The institute witnessed quite a few changes with regards to the recruitment process in comparison to the previous year. 

The following tabulation represents the shift in the CTC offered in the year 2019 and 2020-

The highest CTC suffered a decline while the average and median CTC managed to rise from the previous year’s salary trends.

KREA University Summer Placement Highlights 2020

Amongst the 51 top recruiters who offered internship opportunities to the students, 22 of them continued their history with IFMR GSB and 29 are first time recruiters. 

Top recruiters for the year include ANZ, Bajaj Finserv, Bank of America, Barclays, Care Ratings, CITI, Credit Suisse, Crisil, Federal bank, Fincare, GIC Housing Finance, HDFC Bank, ICICI Prudential Life, Societe Generale, IDFC First Bank, JP Morgan Chase, Deloitte USI, Ernst & Young, KPMG, TBRC, Accenture, AMS India, Arrka, Care Risk Solution, Genpact, HCL, Infosys, Temenos, Wipro, Double Down, Intellipaat, Nielsen, Philips, Schneider Electric and others.

KREA University Sector-wise Summer Placement

Arriving at the sectors, 48% of the batch was placed in the BFSI sector, followed by 12% finding their way into Consulting. 9% into Advertising or Media, 7% in IT/ITES and 6% in Retail. Around 5% placed themselves in Retail, FMCG and another 5% in logistic supply chain. The remaining 8% found their opportunities spread over other domains.

The gamut of interesting roles offered include Business Analyst, Consultant, Associate Consultants, Solution Lead, Credit Assessment officer / Credit Risk Analyst, Team Lead, Valuations Analyst, CRO Change (Chief Risk Officer) Management Trainees, Solution Advisor - Risk & Advisory, Deputy Managers, Manager - International Vendors & Logistics, Research Analyst, Analyst Digital, Pre-Sales Consultant, Market Research Solution Advisor, Management Executive/Trainees, Relationship Managers amongst many others.