IFMR GSB Placements 2023: Average Package: INR 13.50 LPA & Highest Package: INR 22.90 LPA

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IFMR GSB Placements 2023: Average Package: INR 13.50 LPA & Highest Package: INR 22.90 LPA

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Written By Aparna Das 

IFMR GSB Placements 2023 final report is released with 100% placements recorded. According to the report, IFMR GSB highest package increased by 17% to INR 22.90 LPA whereas IFMR GSB average package increased by 22% to INR 13.50 LPA. Students received 30 pre-placement offers. The highest number of offers came from the BFSI sector (56%). Recruiters made diverse job roles like Global Risk & Analytics, Financial Risk Advisory, Strategy Consultant, Wealth Management, Stress Testing etc. A total of 55 recruiters including 14 new recruiters participated in the placement drive. Some of the top recruiters included Nomura, HSBC, Axis Bank, Wells Fargo, EY, Deloitte, pwc etc.

IFMR GSB Summer Internship Placements 2024 is also concluded with 100% internships. The highest stipend stood at INR 1 Lakh while the average stipend stood at INR K.

Direct Link to Apply for IFMR GSB MBA Admission 2025

 

IFMR GSB Placements 2023 Report

Particulars Placements Statistics (2023) Placements Statistics (2022)
Number of PPOs 30 18
Highest Package INR 22.90 LPA INR 19.64 LPA
Average Package INR 13.50 LPA INR 11.21 LPA
Top 10% Average Package INR 19.20 LPA INR 14.50 LPA
Top 25% Average Package INR 17.30 LPA INR 13.45 LPA
Top 50% Average Package INR 15.60 LPA INR 12.40 LPA
Median Package INR 13.10 LPA INR 11.09 LPA
Major Sectors BFSI (56%), Consulting (22%) Consulting (38.64%), BFSI (32.39%)
Number of Recruiters 55 34
Top Recruiters Nomura, HSBC, Axis Bank, Wells Fargo, EY, Deloitte, pwc etc Deloitte, Accenture, KPMG, PwC etc
  • IFMR GSB Placements 2023 recorded 100% placements. 
  • Among the 55 participating recruiters, 14 were new recruiters.
  • The number PPOs increased from 18 in 2022 to 30 in 2023.
  • IFMR GSB average package saw a hike of 22% as compared to the previous year. 
  • The highest package also increased from INR 19.64 LPA in 2022 to INR 22.90 LPA.
  • The 2021-23 MBA batch had 63% male students & 37% female students.
  • 63% of the batch were freshers & rest of the students' work experience ranged between 6 months to 24 months. Among the experienced students, 37% had experience in the IT/ITES sector.

You can check IFMR GSB Admission 

 

IFMR GSB Average Package 2023

The below table shows the year-wise average packages offered during IFMR GSB Placements:

Placement Year IFMR GSB Average Package
2023 INR 13.50 LPA
2022 INR 11.21 LPA
2021 INR 10 LPA

As we can see in the above table, the average package has an upward trend. It stood at INR 10 LPA in 2021, INR 11.21 LPA in 2022 & INR 13.50 LPA in 2023. 

You can check IFMR GSB Ranking

 

IFMR GSB Highest Package 2023

The below table shows the year-wise highest packages offered during IFMR GSB Placements:

Placement Year IFMR GSB Highest Package
2023 INR 22.90 LPA
2022 INR 19.64 LPA

During IFMR GSB Placements 2023, the highest package increased from INR 19.64 LPA in 2022 to INR 22.90 LPA in 2023. There was an increase of about 17% as compared to the previous year.

You can check IFMR GSB Faculty

 

IFMR GSB Placements 2023 Sector-wise

The below graph shows the sector-wise statistics of IFMR GSB Placements 2023:

IFMR GSB Placements 2023 Sector-wise

As we can see from the above graph, the highest number of students were placed in the BFSI sector (56%) followed by the Consulting sector (22%) & IT sector (17%).

 

IFMR GSB Placements 2023 Job Roles Offered

As per the final placement report, all the job roles offered were futuristic.The below table shows the top job roles offered during IFMR GSB Placements 2023:

Global Risk & Analytics Financial Risk Advisory
Strategy Consultant Credit Underwriter - AFU
Wealth Management Stress Testing
Data & Regulatory Reporting Debt Management
Executive - Merger & Valuation Market Risk

You can check IFMR GSB Reviews

 

IFMR GSB Placements 2023 Top Recruiters

Nomura HSBC Axis Bank
Societe Generale TVS NEXT Wells Fargo
Barclays EY Deloitte
pwc Credit Suisse Tally
Bank of America Arcesium Standard Chartered
 

IFMR GSB Summer Internship Placements 2024 Report

Particulars Internship Statistics (2024)
Internship Percentage 100%
Highest Stipend INR 1 Lakh per month
Average Stipend INR 22 K Per month
Top 25% Average Stipend INR 55.30 K per month
Top 50% Average Stipend INR 40.50 K per month
Top Recruiters DE Shaw & Co, Dell, SETT & LUCAS, TATA International, HSBC etc
  • During IFMR GSB Summer Internship Placements 2024, the internship percentage was 100%.
  • The highest stipend stood at INR 1 Lakh per month.
  • The average stipend stood at INR 22 K per month.
  • The MBA SIP 2024 batch had 66% male students & 34% female students.
  • 64% of the participating batch was freshers & rest of the students had work experience ranging between 6 months to 24 months.
 

IFMR GSB Summer Internship Placements 2023 Top Recruiters

DE Shaw & Co Dell SETT & LUCAS
TATA International HSBC Mondelez
SPEC Bulls & Bears Mavericks
HDFC Inclusion India Everton
Impetus Bajaj Capital Morgan Stanley
 

IFMR GSB Alumni Network

Name of Organizations Number of Alumni
Deloitte 132
JP Morgan Chase & Co 88
HSBC 67
EY 65
Larsen & Toubro 52
Wells Fargo 50
Standard Chartered Bank 47
Barclays 33
Accenture 32
Infosys 32
Cognizant 28
Societe Generale global Solution Centre 28
IFMR GSB 26
KPMG India 17
KPMG 17
 

IFMR GSB Placements FAQs

Ques. How is IFMR GSB Placements?

Ans. IFMR Placements 2023 recorded 100% placements. The highest package stood at INR 22.90 LPA & the average package stood at INR 13.50 LPA. 55 recruiters participated in the placement drive. Some of the top recruiters are Nomura, HSBC, Axis Bank, Wells Fargo, EY, Deloitte, pwc etc.

Ques. What is the IFMR GSB average package?

Ans. IFMR GSB average package stood at INR 13.50 LPA in the 2023 placement drive. The below table shows the year-wise average package of IFMR GSB:

Placement Year IFMR GSB Average Package
2023 INR 13.50 LPA
2022 INR 11.21 LPA
2021 INR 10 LPA

Ques. What is IFMR GSB placement salary?

Ans. During IFMR GSB Placements 2023, the highest package stood at IRN 22.90 LPA & the average package stood at INR 13.50 LPA. The below table shows detailed salary statistics of IFMR GSB Placements 2023:

Particulars Salary Statistics
Highest Package INR 22.90 LPA
Average Package INR 13.50 LPA
Top 10% Average Package INR 19.20 LPA
Top 25% Average Package INR 17.30 LPA
Top 50% Average Package INR 15.60 LPA
Median Package INR 13.10 LPA

Ques. What is the highest package of IFMR GSB?

Ans. IFMR GSB highest package stood at INR 22.90 LPA in 2023 which increased from INR 19.64 LPA offered in 2022.

Ques. What are the stipend statistics of IFMR GSB?

Ans. During IFMR Summer Internship Placements 2024, the highest stipend stood at INR 1 Lakh while the average stipend stood at INR 22 K.

Ques. From which sectors, recruiters made placement offers during IFMR GSB Placements 2023?

Ans. During IFMR GSB Placements 2023, the highest placements were made in the BFSI sector (56%) followed by the Consulting sector (22%). The below table shows the detailed sector-wise statistics:

Sectors Placement Percentage
BFSI 56%
Consulting 22%
IT 17%
Others 5%

Ques. which job roles were offered during IFMR GSB Placements 2023?

Ans. Students received various job roles like Global Risk & Analytics, Financial Risk Advisory, Strategy Consultant, Wealth Management, Stress Testing etc. 

Ques. Who are the top recruiters of IFMR GSB? 

Ans. Some of the top recruiters of IFMR GSB Placements 2023 included Nomura, HSBC, Axis Bank, Wells Fargo, EY, Deloitte, pwc etc

Ques. How are MBA placements at IFMR GSB?

Ans. During IFMR GSB Placements 2023, 100% of the MBA batch got placed. Among these students, 63 were male & 37 were female students. The highest package stood at INR 22.90 LPA & the MBA average package stood at INR 13.50 LPA.

Ques. Which is better: IFMR or LIBA?

Ans. IFMR GSB Placements 2023 recorded an average package of INR 13.50 LPA while LIBA median package stood at INR 11 LPA. The highest package stood at INR 22.90 LPA for IFMR GSB & INR 20.50 LPA for LIBA. Both the colleges had 100% placements in 2023. In terms of placements, you can choose any of the college based on other factors rather than placements.

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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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Why To Join IFMR GSB - Reviews & Rating

4.3
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Rishi Raj
4.1Helpful
Reviewed on Nov 4, 2024(Enrolled 2024)

Placement Experience:

From the start of semester 4 students become eligible for campus placement The major companies are JP Morgan HSBC Bank of New York standard chartered Nomura Package will be 24 lacs and their lowest packages 10.2 Hundred percent of the student gets please

...Read More
SIMRAN RAJ
4.1Helpful
Reviewed on Jul 17, 2024(Enrolled 2022)

Placement Experience:

The students get opportunities from the 4th trimester itself but the majority of companies visit in the 5th trimester. In my academic year, due to recession the offers got affected but the college generally gets 100% placements with decent median package. For my batch the average was 12 lpa. The lowest and highest were 6 lpa and 22 lpa. The companies which offer great packages are Nomura, HSBC, Barclay's, Yubi etc.

...Read More
Ipshita Mitra
Ipshita Mitra
4.1
MBA, Finance
Reviewed on May 12, 2022(Enrolled 2019)

Student Snaps:

Placement Experience:

Students will be able to sit for exams during the 4th trimester. Companies like JPMC, Deloitte, Crisil, Accenture, Barclays, HCL, Wells Fargo, Citi visit the campus. Around 50-60 companies visit the campus with various roles. The highest package was offered by the World Bank which was 17.4. Average package is around 8-9Lpa. All the students get placed on the campus.

...Read More
Aditya Singh
4.0
MBA, Finance
Reviewed on Jun 22, 2021(Enrolled 2020)

Placement Experience:

From Semester 5th students are eligible for placements. Companies start coming by the end of the 4th semester. Numerous companies visit the campus, be it Big 4 consulting companies. One can refer to their placement reports for in-depth details. All students get placed through the campus process.

...Read More
Sudhansu kumar
4.3Helpful
MBA
Reviewed on Jun 4, 2020(Enrolled 2018)

Placement Experience:

Placements and job opportunities are upto the expectations all the big Finance companies come to Ifmr with a descent package through which freshers can start their professional with. Roles are also upto the mark this year almost 49 companies came giving opportunity for 185 people.

...Read More
kushal yadav
3.7
BA - LLB
Reviewed on Jul 23, 2020

Placement Experience:

Placement quality of my college is average i.e., not so high level placement and if student get placement student are satisfied with it. The highest placement a student got last year was Rs.12 lakh per annum and the course was B.tech CS.

...Read More
Anonymous
5.0Helpful
Reviewed on Jul 16, 2020

Placement Experience:

IFMR GSB strives to bring the real world to the classroom through experiential learning for the students. Industry leaders, practitioners and subject experts bring ground realities, knowledge lessons and practical applications to the students, through these engaging sessions. This in turn prepares them to be effective managers and leaders who can contribute to the industry and society, in this fast-changing world

...Read More
Miitesh Tanwani
4.8Helpful
MBA
Reviewed on Apr 23, 2020(Enrolled 2018)

Placement Experience:

YES, We have a track record of providing 100% Internships as well as final Job Placements. All the companies from BIG 4's ( Deloitte, KPMG, E&Y ) to MNC's like JPMC, Crisil, etc visit campus for offering Internships & Jobs.

...Read More
Rahul Kumar
Rahul Kumar
4.0Helpful
PGDM, General
Reviewed on Oct 16, 2016

Internships Opportunities:

Yes, 3 Months of Internship. Companies - SBI, UCO Bank, Union Bank of India, D&B Transunion, Ogilvy & Mather, Deutsche Bank, etc. General Stipend was Rs. 10,000 - Rs. 30,000 for 3 Months Internship.

...Read More
Ankit Chawla
Ankit Chawla
4.5Helpful
PGDBM
Reviewed on Dec 6, 2015

Placement Experience:

Placement is being 100 % throughout all batches. Companies like, Nomura, Bank of America, all IT companies, few marketing companies and few other finance companies come for campus placement. The average Package on offer has been increasing year over year. During 2011 , the average package was 6.75 lakhs, which has now increased to 8 lacs.

...Read More

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IFMR GSB: 1 Answered Question

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

Akanksha Gupta
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. 

...Read More
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IFMR GSB Alumni Distribution by Sector

Finance 18%
Research 16%
Business Development 14%
Consulting 12%
Information Technology 7%

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Frequently Visited Companies

Companies
Bank of AmericaCognizantErnst & YoungInfosys
WiproAccentureDeloitteHDFC Bank
JP MorganCiti BankICICI BankCrisil
Societe Generale Global SolutionsSamunnatiNorthern Indian RailwaysCredit Suisse Singapore
IDFC First BankWELLS FARGOHCL

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IFMR GSB Latest News

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