ICFAI Business School at Bangalore or IBS-Bangalore has been maintaining the overall IBS track record of rewarding careers for its students since its first batch of graduates through excellent campus placements. During the 2022 placement drive, the participating batch achieved 94% placements.

During IBS Bangalore Placements 2022, the highest international salary increased by around 108% & the average salary increased by around 10.6% as compared to the previous year. The highest international salary stood at INR 22.16 LPA & the highest national salary stood at INR 10 LPA. Students received an average salary of 7.02 LPA.

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IBS Bangalore Placements 2022 Report

Particulars Placements Statistics 2021 Placements Statistics 2022
No. of Students  339 -
No. of Placements 220 -
Placement Percentage 92% 94%
Average Package INR. 6.35 LPA INR 7.02 LPA
Highest Domestic Package INR. 10 LPA INR 10 LPA
Highest International Package INR. 10.64 LPA INR 22.16 LPA
Top 10% Average Salary - INR 12.36 LPA
Top 25% Average Salary - INR 9.74 LPA

During IBS Bangalore Placements 2022, the participating batch achieved 94% placements. Students received an average salary of INR 7.02 LPA. The highest international salary stood at INR 22.16 LPA & the highest national salary stood at INR 10 LPA. Top 10% of the batch received an average salary of INR 12.36 LPA & top 25% of the batch received an average salary of INR 9.74 LPA.

IBS Bangalore Placements Year – Wise Trends

The below table represents the year – wise trends of IBS Bangalore Placements:

Particulars 2020-21 2021-22
Placement Percentage 92% 94%
Average Package INR. 6.35 LPA INR 7.02 LPA
Highest Domestic Package INR. 10 LPA INR 10 LPA
Highest International Package INR. 10.64 LPA INR 22.16 LPA

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

  • The placement percentage increased from 92% to 94%.
  • The average salary increased from INR 6.35 LPA to INR 7.02 LPA.
  • The highest international salary increased from INR 10.64 LPA to INR 22.16 LPA.
  • The highest national salary stood at INR 10 LPA as it was last year.

IBS Bangalore Placements 2020 Highlights

Since the institute hasn’t yet concluded the Final Placements for the 2021 batch, the following represents the placement statistics of the 2020 batch:

No. of Recruiters 84
No. of Students  491
Placement Percentage 92%
Average Package INR. 6.42 LPA
Highest Domestic Package INR. 12.42 LPA

The Class of 2020 at IBS-Bangalore consisted of 491 students, of which 92% were placed during the campus placement drive. 

The total number of recruiters that participated in the placement drive was 84. The Top 10 Recruiters during the season were HDFC Bank, ICICI Securities, BlackRock Services, Deloitte Tax Services, CB Richard Ellis, Yes Bank, ICICI Bank, OYO Rooms, HCL Technologies, Amazon Development Centre India Pvt. Ltd, and Ernst & Young.

The overall average salary package bagged by the students during campus placements was INR. 6.42 LPA. The average salary for the top 10% of students was recorded at INR. 9.86 LPA while for the top 25% of students, the figure was INR. 8.22 LPA.

IBS Bangalore Placements 2020 Sector-wise 

The IBS Class of 2020 has been placed in Banking and Financial Services, Consulting, Technology as well as in Media, Research, and E-Commerce spaces.

The following sectors hired the maximum number of students-

Financial Services

18% of the students got the offer from KPMG, Nestle, Blueocean, Federal Bank, Tata AIG who made their presence in the field of Financial Services.

Banking Sector

21% of the students bagged offers in the Banking Sector which were offered by major recruiters like Yes Bank, ING, Induslnd Bank, Kotak, ICICI, HSBC, etc.

Insurance Sector

The Insurance Stream witnessed jobs offered by corporates like HSBC, ICICI Bank, HDFC ERGO, Kotak, Capitalvia, Tolaram Group, and so on. From the whole batch, 7% were allotted roles in the insurance sector.

The rest of the batch has been placed in Banking & Financial Services, Consulting, and Technology as well as in Media, Research, and E-commerce spaces.

IBS Bangalore Placements 2020 Campus-wise

The following table represents the Placement as well as the Salary comparison amongst different IBS institutes situated in India-

Campus Final Placements 2020
Placements Overall Average CTC Highest CTC  Average CTC
National International Top 10 % Top 25 %
Ahmedabad 99% 6.00 12.40 23.82 13.03 9.60
Bangalore 92% 6.42 12.40 - 9.86 8.22
Gurgaon 91% 6.51 15.00 25.72 12.61 9.25
Hyderabad 93% 7.97 15.89 50.23 15.35 11.52
Kolkata 99% 5.79 10.70 - 8.49 7.42
Mumbai 95% 6.91 15.00 50.23 11.72 9.83
Pune 99% 6.73 12.40 50.23 11.05 9.94
Dehradun 99% 5.78 12.40 - 10.55 7.82
Jaipur 99% 5.74 12.40 - 12.40 9.30

IBS Bangalore Placements 2020 Top Recruiters

Tabulated below are the top recruiters of ICFAI Bangalore for the MBA program:

Axis Bank KPMG Kotak Mahindra Prime Aditya Birla Sun Life Insurance
Philips India HCL Technologies ICICI Bank IndusInd Bank
Zydus Wellness IHS Market Goibibo Schmitten Chocolates
Extramarks Education Quikr.com Naukri.com Bisleri International

IBS Bangalore Summer Internships

ICFAI Business School gives its students an opportunity to have exposure to the corporate world from day one on campus. It helps the students to enhance their learning. IBS provides Summer Placements in various industries like banking, finance, pharma, etc. This Summer Internship Program runs for 14 months 

Tabulated below are the leading recruiters for the summer internship:

Sectors Name of the Recruiters
Financial Services Anand Rathi Securities, Bank of America, Capital IQ, Citigroup Global Markets, DE Shaw, Financial Technologies, Edelweiss Broking, ICICI Lombard General Insurance Co., JP Morgan, SBI Capital.
Banking Axis Bank, Bank of India, Citi Bank, Credit Suisse, Deutsche Bank, HDFC Ba,nk Development Bank of Singapore, ICICI Bank, Kotak Mahindra Bank, State Bank of India.
Consumer Goods Barista Coffee Company, Britania Industries, Coca Cola, Colgate- Palmolive (India), Emami, Hindustan Coca Cola Berverages, Hindustan Unilever, ITC, Titan Industries.
Pharma Bayer Pharmaceuticals, Dr. Reddy's Laboratories, Workhardt Ltd., Zydus Wellness
Consulting Ernst & Young, Genpact India, KPMG.
Telecom Bharti Airtel, Reliance Communication, Tata Tele Services, Virgin Mobile, Vodafone Essar

IBS Bangalore Placements FAQs

Ques. How are the placements at IBS Bangalore?

Ans. IBS Bangalore has a dedicated placements cell known as the Career Management Centre (CMC) that aims towards enhancing the placement prospects for its students. Over the years, the institute has maintained a decent placement record. During the 2020 placement drive, the institute achieved a 92% placement record.

Ques. What was the average salary package offered to students at IBS Bangalore?

Ans. The average salary package stood at INR. 6.42 LPA during the 2020 placement drive.

Ques. What sort of roles are offered to the students of IBS Bangalore?

Ans. The roles usually include- Sales and Marketing Executive, Assistant Manager, Business Analyst, HR Manager, Key Account Manager, Zonal Retail Head, Deputy Manager, Relationship Manager among others.

Ques. Who are the major recruiters at IBS Bangalore?

Ans. Some of the top recruiters who participated in IBS Bangalore placements 2020 include HDFC Bank, ICICI Bank, HCL Technologies, Extramarks.com, UpGrad, ICICI Securities, NoBroker.com, OPPO Mobile India Pvt. Ltd, JM Financials, TCS, and etc.