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

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    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

    Particulars

    Stats (2023)

    Highest salary package (international)

    Rs. 58.19 LPA

    Highest salary package (national)

    Rs. 21 LPA

    Top recruiting sector

    Financial Services 26%

    Recruiters

    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

    Campus

    IBS Placement %

    IBS Ahmedabad

    98%

    IBS Bangalore

    95%

    IBS Gurgaon

    95%

    IBS Hyderabad

    95%

    IBS Kolkata

    99%

    IBS Mumbai

    98%

    IBS Pune

    99%

    IBS Dehradun

    94%

    IBS Jaipur

    99%

    Also Read:


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

    IBS Campus

    Average CTC

    Highest CTC National

    Highest CTC International

    Ahmedabad

    Rs. 7.3

    Rs. 8.29

    Rs. 13

    Bangalore

    Rs. 7.42

    Rs. 12.58

    -

    Gurgaon

    Rs. 8

    Rs. 12

    Rs. 22.93

    Hyderabad

    Rs. 10

    Rs. 21

    Rs. 58.19

    Kolkata

    Rs. 7.41

    Rs. 8.5

    -

    Mumbai

    Rs. 8.17

    Rs. 18.8

    Rs. 11.13

    Pune

    Rs. 7.59

    Rs. 12

    Rs. 56.55

    Dehradun

    Rs. 6.39

    Rs. 8.65

    Rs. 23

    Jaipur

    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

    Campus

    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

    Quick Links:

    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

    Sectors

    Placement %

    Top Recruiters

    Financial Services

    26%

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

    Banking

    24%

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

    IT/ITES

    15%

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

    Consulting

    14%

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

    Other Services including Insurance and Manufacturing

    21%

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

    See Also:

    ICFAI Business School Placements 2022

    Apply to Great Lakes Admissions 2024

    MBA/PGDM Admissions OPEN

    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

    Particulars

    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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    Questions related to IBSAT

    Have a question related to IBSAT ?

    Hello,

    Your marks is quite good in IBSAT examination. It's mainly higher education entrance examination.

    Campus changing is possible. If you stay nearby the  ibs campus. But i would suggest you to visit the campus in physically and request them, I'm sure, they will help you in change of the campus or ask the admission counsellor of IBS. I think the admission counsellor will help you out from this.

    All the best.

    Hi, hope you’re doing well.

    IBS Bengaluru is a decent private b-school to pursue an MBA, especially for Marketing and Finance. Ranked as 14th best B-school by Business India and 26th all over India by Careers 360, IBS holds a reasonable brand value which can help you in both placements and career prospects.


    Placements and ROI: During 2020, placement percentage was 92%. The highest package to be offered was Rs 12 LPA and average CTC was Rs 6.42 LPA. IBS has developed strong relations with over 4000 companies in India. Companies like Deloitte, KPMG, HCL. Wipro, Zomato, Google, Oracle, Aditya Birla Group are active recruiters for this b-school.

    There is a course fees of Rs 4.05 Lakhs per annum. You can expect a decent ROI , considering fees and average CTC.

    Also, for better employability and career prospects, it provides career management support through strong industry interface, career library, career counseling and internship guidance to its students.


    Faculty: Faculty is highly experienced. Their permanent professors are majorly PHD holders with 10+ years of industry experience. They have published many books, written several cases, and research papers. Some (https://www.linkedin.com/in/sreeja-bhattacharyya-8070404/) professors have even 20- 25 years of corporate experience and IBS has retained them for over 15+ years. Also, faculty actively engages in research and conducts training programs for practicing managers.

    IBS also has visiting faculty members from IIMs and other top institutes.


    Accommodation: There is no on-campus accommodation for students. The accommodations provided are off-campus separately for girls and boys.


    Exposure: MBA, for many, is not limited to curriculum but also provides experiential learning. IBS focuses on leadership development through various clubs activities, fests, extra curricular activities, curricular activities, assignment programs, sports activities and management opportunities. Industry leaders are also invited to the clubs to deliver talks on contemporary issues.

    IBS makes sure to maintain the gender, social, cultural and experiential diversity which can provide you better exposure for peer to peer learning.

    It has also partnered with various national and international firms (IBM, Microsoft, SAP and others) to provide training in IT, business analysis, research and better industry networking opportunities.

    However, competition and high intellect students are limited in comparison to other top b-schools of India.


    Infrastructure: IBS provides a well stocked library with access to 26000 books and 3,000 CDs, campus with WiFi-connectivity and well equipped Sports Activities Center.


    Soft Skills training: As part of IBS curriculum, it does provide holistic development and good learning experience to students. There’s a great focus on personality development and soft skills through various classes, training and group discussion.


    IBS Bengaluru is a good choice to consider for an MBA. However, if you have prospects to score better in CAT/ CMAT/ GMAT or other entrance exams, you can even look out for MBA from IIMs, NMIMS, Symbiosis and other leading institutions next year. They can provide a great competitive environment, growth opportunities and industry exposure.

    Most importantly, your growth will be defined by your efforts, learnings and initiatives, and not merely by a good institute. You may even proceed with IBS and make best use of opportunities and facilities provided.


    I hope this information helps you! In case of any further information, please visit https://www.careers360.com/colleges/ibs-business-school-bangalore


    All the best!

    Hi,

    Some of the Business Schools accepting the IBSAT scores are:

    • IBS Business School, Hyderabad
    • IBS Business School, Mumbai
    • IBS Business School, Bangalore
    • IBS Business School, Gurgaon
    • IBS Business School, Pune
    • IBS Business School, Ahmedabad
    • IBS Business School, Dehradun

    Check the whole list and download the brochure for getting information about specific Institute: https://bschool.careers360.com/colleges/list-of-mba-colleges-in-india-accepting-ibsat

    Dear Student,

    ICFAI Business School Aptitude Test (IBSAT) is an online based examination of 2 hours duration carrying 140 multiple choice questions divided into 4 sections. There is no negative marking in this exam. There is no inclusion of logical reasoning section in the paper. For more information related to IBSAT - Click Here

    Hope this information is helpful.
    Have a great day!

    Hello Simar,

    The IBSAT National Mock Test is being conducted from October 10 to October 30, 2019. The registration process for the same has opened. Candidates who will appear in the national mock test of IBSAT, they will be able to prepare well for the entrance exam.

    You may access the mock test as well as mock papers by heading to the below links:

    https://bschool.careers360.com/news/ibsat-national-mock-test

    https://ibsat-mocktest.ibsindia.org/

    Hope this helps

    Regards

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    Individuals in the editor career path is an unsung hero of the news industry who polishes the language of the news stories provided by stringers, reporters, copywriters and content writers and also news agencies. Individuals who opt for a career as an editor make it more persuasive, concise and clear for readers. In this article, we will discuss the details of the editor's career path such as how to become an editor in India, editor salary in India and editor skills and qualities.

    3 Jobs Available
    Journalist

    Careers in journalism are filled with excitement as well as responsibilities. One cannot afford to miss out on the details. As it is the small details that provide insights into a story. Depending on those insights a journalist goes about writing a news article. A journalism career can be stressful at times but if you are someone who is passionate about it then it is the right choice for you. If you want to know more about the media field and journalist career then continue reading this article.

    3 Jobs Available
    Publisher

    For publishing books, newspapers, magazines and digital material, editorial and commercial strategies are set by publishers. Individuals in publishing career paths make choices about the markets their businesses will reach and the type of content that their audience will be served. Individuals in book publisher careers collaborate with editorial staff, designers, authors, and freelance contributors who develop and manage the creation of content.

    3 Jobs Available
    Vlogger

    In a career as a vlogger, one generally works for himself or herself. However, once an individual has gained viewership there are several brands and companies that approach them for paid collaboration. It is one of those fields where an individual can earn well while following his or her passion. Ever since internet cost got reduced the viewership for these types of content has increased on a large scale. Therefore, the career as vlogger has a lot to offer. If you want to know more about the career as vlogger, how to become a vlogger, so on and so forth then continue reading the article. Students can visit Jamia Millia Islamia, Asian College of Journalism, Indian Institute of Mass Communication to pursue journalism degrees.

    3 Jobs Available
    Travel Journalist

    The career of a travel journalist is full of passion, excitement and responsibility. Journalism as a career could be challenging at times, but if you're someone who has been genuinely enthusiastic about all this, then it is the best decision for you. Travel journalism jobs are all about insightful, artfully written, informative narratives designed to cover the travel industry. Travel Journalist is someone who explores, gathers and presents information as a news article.

    2 Jobs Available
    Videographer

    Careers in videography are art that can be defined as a creative and interpretive process that culminates in the authorship of an original work of art rather than a simple recording of a simple event. It would be wrong to portrait it as a subcategory of photography, rather photography is one of the crafts used in videographer jobs in addition to technical skills like organization, management, interpretation, and image-manipulation techniques. Students pursue Visual Media, Film, Television, Digital Video Production to opt for a videographer career path. The visual impacts of a film are driven by the creative decisions taken in videography jobs. Individuals who opt for a career as a videographer are involved in the entire lifecycle of a film and production. 

    2 Jobs Available
    SEO Analyst

    An SEO Analyst is a web professional who is proficient in the implementation of SEO strategies to target more keywords to improve the reach of the content on search engines. He or she provides support to acquire the goals and success of the client’s campaigns. 

    2 Jobs Available
    Product Manager

    A Product Manager is a professional responsible for product planning and marketing. He or she manages the product throughout the Product Life Cycle, gathering and prioritising the product. A product manager job description includes defining the product vision and working closely with team members of other departments to deliver winning products.  

    3 Jobs Available
    Quality Controller

    A quality controller plays a crucial role in an organisation. He or she is responsible for performing quality checks on manufactured products. He or she identifies the defects in a product and rejects the product. 

    A quality controller records detailed information about products with defects and sends it to the supervisor or plant manager to take necessary actions to improve the production process.

    3 Jobs Available
    Production Manager

    Production Manager Job Description: A Production Manager is responsible for ensuring smooth running of manufacturing processes in an efficient manner. He or she plans and organises production schedules. The role of Production Manager involves estimation, negotiation on budget and timescales with the clients and managers. 

    Resource Links for Online MBA 

    3 Jobs Available
    QA Manager

    Quality Assurance Manager Job Description: A QA Manager is an administrative professional responsible for overseeing the activity of the QA department and staff. It involves developing, implementing and maintaining a system that is qualified and reliable for testing to meet specifications of products of organisations as well as development processes. 

    2 Jobs Available
    QA Lead

    A QA Lead is in charge of the QA Team. The role of QA Lead comes with the responsibility of assessing services and products in order to determine that he or she meets the quality standards. He or she develops, implements and manages test plans. 

    2 Jobs Available
    Reliability Engineer

    Are you searching for a Reliability Engineer job description? A Reliability Engineer is responsible for ensuring long lasting and high quality products. He or she ensures that materials, manufacturing equipment, components and processes are error free. A Reliability Engineer role comes with the responsibility of minimising risks and effectiveness of processes and equipment. 

    2 Jobs Available
    Safety Manager

    A Safety Manager is a professional responsible for employee’s safety at work. He or she plans, implements and oversees the company’s employee safety. A Safety Manager ensures compliance and adherence to Occupational Health and Safety (OHS) guidelines.

    2 Jobs Available
    Corporate Executive

    Are you searching for a Corporate Executive job description? A Corporate Executive role comes with administrative duties. He or she provides support to the leadership of the organisation. A Corporate Executive fulfils the business purpose and ensures its financial stability. In this article, we are going to discuss how to become corporate executive.

    2 Jobs Available
    Information Security Manager

    Individuals in the information security manager career path involves in overseeing and controlling all aspects of computer security. The IT security manager job description includes planning and carrying out security measures to protect the business data and information from corruption, theft, unauthorised access, and deliberate attack 

    3 Jobs Available
    Computer Programmer

    Careers in computer programming primarily refer to the systematic act of writing code and moreover include wider computer science areas. The word 'programmer' or 'coder' has entered into practice with the growing number of newly self-taught tech enthusiasts. Computer programming careers involve the use of designs created by software developers and engineers and transforming them into commands that can be implemented by computers. These commands result in regular usage of social media sites, word-processing applications and browsers.

    3 Jobs Available
    Product Manager

    A Product Manager is a professional responsible for product planning and marketing. He or she manages the product throughout the Product Life Cycle, gathering and prioritising the product. A product manager job description includes defining the product vision and working closely with team members of other departments to deliver winning products.  

    3 Jobs Available
    ITSM Manager

    ITSM Manager is a professional responsible for heading the ITSM (Information Technology Service Management) or (Information Technology Infrastructure Library) processes. He or she ensures that operation management provides appropriate resource levels for problem resolutions. The ITSM Manager oversees the level of prioritisation for the problems, critical incidents, planned as well as proactive tasks. 

    3 Jobs Available
    .NET Developer

    .NET Developer Job Description: A .NET Developer is a professional responsible for producing code using .NET languages. He or she is a software developer who uses the .NET technologies platform to create various applications. Dot NET Developer job comes with the responsibility of  creating, designing and developing applications using .NET languages such as VB and C#. 

    2 Jobs Available
    Corporate Executive

    Are you searching for a Corporate Executive job description? A Corporate Executive role comes with administrative duties. He or she provides support to the leadership of the organisation. A Corporate Executive fulfils the business purpose and ensures its financial stability. In this article, we are going to discuss how to become corporate executive.

    2 Jobs Available
    DevOps Architect

    A DevOps Architect is responsible for defining a systematic solution that fits the best across technical, operational and and management standards. He or she generates an organised solution by examining a large system environment and selects appropriate application frameworks in order to deal with the system’s difficulties. 

    2 Jobs Available
    Cloud Solution Architect

    Individuals who are interested in working as a Cloud Administration should have the necessary technical skills to handle various tasks related to computing. These include the design and implementation of cloud computing services, as well as the maintenance of their own. Aside from being able to program multiple programming languages, such as Ruby, Python, and Java, individuals also need a degree in computer science.

    2 Jobs Available
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