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

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.