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ICFAI Business School Placement Report 2023: Highest, Average and Previous years salary packages

ICFAI Business School Placement Report 2023: Highest, Average and Previous years salary packages

Edited By Piyush Chaudhary | Updated on Oct 03, 2023 07:08 PM IST | #IBSAT

IBS Placement Report 2023 - ICFAI Business School has strong industry integration with an extensive network of over 1,000 companies actively participating in the IBS recruitment process. This diverse pool of recruiters ensures that the students have access to a wide range of opportunities across various sectors. ICFAI Business School (IBS) recorded another great placement session this year with all nine campuses recording 94% or more placements. IBS highest international salary package was Rs 58.19 LPA and the highest national salary package was Rs 21 LPA. For more details on IBS placement 2023 go through the complete article.

ICFAI Business School Placement Report 2023: Highest, Average and Previous years salary packages
ICFAI Business School Placement Report 2023: Highest, Average and Previous years salary packages

IBS Placements 2023: Highlights


Stats (2023)

Highest salary package (international)

Rs. 58.19 LPA

Highest salary package (national)

Rs. 21 LPA

Top recruiting sector

Financial Services 26%


ICICI Securities, National Stock Exchange, HDFC Bank, ICICI Bank, Wipro, Genpact, Cognizant Technology Solutions, PwC India, Deloitte Consulting, Maruti Suzuki Ltd, Vedanta, and more.

ICFAI Business School Placement 2023: Details

As per the latest IBS placement report ICFAI Business School Kolkata, Pune and Jaipur campus record the highest placement percentage of 99% followed by Ahmedabad and Mumbai with 98% respectively. For more information on the IBS campus wise placement % and highest and average salary breakup check the tables below.

IBS Placements 2023: Campus-wise Placement Percent


IBS Placement %

IBS Ahmedabad


IBS Bangalore


IBS Gurgaon


IBS Hyderabad


IBS Kolkata


IBS Mumbai


IBS Pune


IBS Dehradun


IBS Jaipur


Also Read:

ICFAI Business School Placements 2023: Campus-wise Highest and Avg CTC

IBS Campus

Average CTC

Highest CTC National

Highest CTC International


Rs. 7.3

Rs. 8.29

Rs. 13


Rs. 7.42

Rs. 12.58



Rs. 8

Rs. 12

Rs. 22.93


Rs. 10

Rs. 21

Rs. 58.19


Rs. 7.41

Rs. 8.5



Rs. 8.17

Rs. 18.8

Rs. 11.13


Rs. 7.59

Rs. 12

Rs. 56.55


Rs. 6.39

Rs. 8.65

Rs. 23


Rs. 8.53

Rs. 9

Rs. 23.31

NOTE: Above mentioned salaries or CTC are in lakhs

IBS Placements 2023: Top 10% and 25% Avg CTC


Average CTC

Top 10 %

Top 25 %

IBS Ahmedabad

Rs. 9.23

Rs. 8.69

IBS Bangalore

Rs. 9.29

Rs. 8.73

IBS Gurgaon

Rs. 11.63

Rs. 9.9

IBS Hyderabad

Rs. 17.66

Rs. 13.97

IBS Kolkata

Rs. 8.42

Rs. 8.34

IBS Mumbai

Rs. 13.3

Rs. 11.01

IBS Pune

Rs. 10.96

Rs. 9.47

IBS Dehradun

Rs. 10.4

Rs. 8.7

IBS Jaipur

Rs. 16.99

Rs. 12.06

NOTE: Above mentioned salaries or CTC are in lakhs

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ICFAI Business School Placements 2023: Sector-Wise Recruiters and Stats

Financial Services with 26% was the top recruiting sector as per the IBS placement 2023 reports, closely followed by Banking with 24% and so on. Check the table below for more details.

IBS Placements 2023: Sector-Wise Placement % and Recruiters


Placement %

Top Recruiters

Financial Services


ICICI Securities, National Stock Exchange, Deloitte Tax Services, Tata Capital, and Citi Corp.



HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Bandhan Bank Limited, and DBS Bank.



Wipro, Genpact, Cognizant Technology Solutions, HCL Technologies, and Brain Enterprises.



PwC India, Deloitte Consulting, Bain & Company, and Ernst & Young.

Other Services including Insurance and Manufacturing


Maruti Suzuki Ltd, Vedanta, G R Infraprojects, Mars Wrigley India, and Frootle India.

See Also:

ICFAI Business School Placements 2022

ICFAI Business School batch 2020-22 had witnessed a great recruitment drive with 99% of its students getting placed. The overall IBS average CTC for 2020-22 batch is Rs 8.71 lakhs and the highest domestic salary package is of Rs. 21 lakhs. While the highest salary package was Rs. 53.45 LPA (international). 22% students got placed in Financial Services, followed by 17% in the Banking Sector and 14% in Consulting Services and more. For more details on the IBS 2020-22 batch placement check the table below.

IBS Placements 2022: Highlights


Stats (2022)

Highest Salary package (International)

Rs 53.45 LPA

Highest salary package (Domestic)

Rs 21 LPA

Top 10% average package offered

Rs 14.31 LPA

Top 25% average package

Rs 11.70 LPA

Overall average package

Rs 8.71 LPA

Also Read: IBS Jaipur placement

ICFAI Business School takes pride in nurturing a well-rounded pool of talent, equipped with the knowledge and skills necessary to excel across diverse sectors. The success of IBS placements is a collective effort involving the committed IBS faculty, dedicated Career Management Center (CMC), supportive alumni network, and above all, enthusiastic and talented students. ICFAI Business School focuses on academic excellence, industry integration, and holistic development which also makes IBS a preferred choice for recruiters seeking competent business leaders.

Other Imp Links:

Disclaimer: This content was distributed by ICFAI Business School and has been published as part of Careers360’s marketing initiative.


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IBS Aptitude Test is a test to find out your aptitude in the area of IBS. It helps you understand how well you handle stress and anxiety, how much you can cope with pain and discomfort, what are your strengths and weaknesses. The test is designed for people who have been diagnosed with Irritable Bowel Syndrome (IBS).

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The test consists of two parts: an online questionnaire followed by a paper-based assessment. You will be asked to answer questions about yourself that may reveal information about your symptoms, lifestyle habits or personality traits which could affect the way you feel.

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IBSAT 2021 is scheduled on December 25, 2021 and December 26, 2021. The examination will be conducted in online mode. You do not have to book the slot to attend IBSAT 2021 examination. The examination center, date and time will be allotted to you and it will be given on the admit card. You need to attend the examination as per the details given on the admit card. The admit card will be soon released on the official website. You can download the admit card on the official website: (

IBSAT is a home proctored exam and it will held in the last week of December. You should check your admit card and email that whether you have received login credentials or not. In order to give this exam you must have username and password. At the test day they will be sending you the test link and you will have to login with your username and password. If you do not have login credentials then contact their team as soon as possible but only after checking your mail and admit card properly. They will thoroughly guide you everything.

Hello  Aspirant.

Hope you are doing well.

NMAT = The National Medical Admission Test (NMAT) in Philippines is a national level examination pre-requisite by the applicant for entry to any medical school in the Philippines.

MAT = Management Aptitude Test, commonly known as MAT exam is conducted by the All India Management Association. Through this test, thousands of applicants bag admission to the top-tier B-schools of the country. It takes place 4 times a year.

IIFT = IIFT is a national-level management entrance exam conducted annually by National Testing Agency (NTA), for admission to its MBA ( (IB) program.

SNAP = SNAP entrance exam, commonly known as Symbiosis National Aptitude Test is an MBA level entrance exam that is attempted by almost 2 lakh students all over India to secure admission in the Symbiosis Business Schools. SNAP Test is conducted by Symbiosis International University (SIU). There are a total of 16 Symbiosis Institutes affiliated with SIU.

CMAT = The CMAT exam is one of the most popular MBA entrance exams. Common Management Admission Test (CMAT) is a national level entrance test conducted by National Testing Agency (NTA). Till 2018, it was conducted by All India Council for Technical Education (AICTE) as per the directions of Ministry of Human Resource Development (MHRD), Government of India.

IBSAT = The full form for IBSAT is ICFAI Business School Aptitude Test (IBSAT). It is one of the most popular and prominent university level entrance examinations for pursuing MBA, PGPM & PhD (part-time/full-time) programs in India. IBSAT 2021 is an entrance test which is conducted by ICFAI Foundation For Higher Education.

XAT = Xavier Aptitude Test (XAT) is a national-level MBA entrance test conducted by Xavier Labor Relation Institute (XLRI) Jamshedpur on the behalf of Xavier Association of Management Institutes (XAMI).



hello krantiswaroop1435

I hope you are doing good .As per your query, I am sorry to tell you that once you are shortlisted , it would be very difficult to change of campus. Shortlisting of all campuses is done almost at same time . So if they changed your seats to other campus, then vacant seat will be wasted and that will be their loss of fees.However, you can give a try with a geniune reason and may be change your seats if someone else(very rare chane but you can try)

Hope you found this answer helpful. Good luck for your future

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