ICFAI Business School-IBSAT 2024
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XIMB Average Package offered for the graduates of batch 2022-2024 stood at Rs. 19.53 lakhs per annum. XIMB achieved a placement rate of 100% for this placement season. A total of 99 companies participated in the XIMB placements to recruit talented candidates. The XIMB has a rich alumni base of more than 8000 across the globe. The highest number of recruitments were made in the BFSI sector followed by Consulting, Manufacturing, IT, and FMCG. The highest domestic salary package at XIMB was around Rs. 30 lakhs per annum. The median annual compensation stood at Rs. 18.37 lakhs per annum.
The XIMB Bhubaneswar 2024 had a batch of 350 students participating in the placement process. 76 students were extended PPOs (Pre Placement Offers) from their summer internship organizations. 7 students got placement offers from corporate case study competitions done by HCCB-Disrupt, Tata Steel-Steel-a-thon, Air India-SOAR, Avalon Consulting- Sun Tzu. Prominent recruiters were from Marketing, Systems, Consulting, Finance, and Operations. Top companies like PWC, Bain and Company, Accenture, Deloitte, Dabur, etc participated in the XIMB placement drive.
The XIMB average package is affected by the contribution of different crucial factors like specialization, job location, job role, etc. Depending on these factors the overall average salary package offered can be significantly higher or lower. The different factors affecting the XIMB average package are briefly discussed below.
Specialization: XIMB Average Package differs as per the specialization of the program. A few specializations like IT, Operations, Finance, and marketing tend to pay more as compared to HR.
Industry or Sector: The type of industry plays a vital role in determining the XIMB Average Package. Industries like finance, consulting, and IT offer a higher starting salary.
Highest CTC: INR 28.25 LPA | Average for Top 100 offers: INR 17.34 LPA | Ranked #63 in India under Management category by NIRF | 148 Recruiters
Highest CTC 70 LPA | Avg CTC 11.22 LPA | Ranked #55 by NIRF
Job Role Offered: The particular job role for which a candidate is hired decides what would be the salary package for it. Management and Analyst roles have a higher salary package.
Individual Performance of the Candidate: The performance of a candidate in the interview or selection rounds decides the XIMB Average Package they would be getting upon getting selected for the applied role.
Job Location: An international location generally tends to pay more than a domestic one. Especially getting placed for a role in tier-one countries like the United States, Canada, and Australia can give a substantial boost to one's career.
Condition of Job Market: The underlying job market is crucial for the XIMB Average Package. A highly demanding job market would enable candidates with high salary packages and vice versa.
The sector-wise distribution for the offers made at XIMB placements 2024 is given in the table below.
Sector | Weightage in XIMB Placements |
BFSI | 27% |
Consulting | 20% |
Manufacturing | 17% |
IT | 15% |
FMCG | 12% |
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The XIMB average package has seen a dip as compared to the XIMB average package for 2023. However, it is higher than the XIMB average package for 2022. The XIMB average package trends for different years are mentioned in the table below.
XIMB Batch | XIMB Average Package |
2022-2024 | Rs. 19.53 LPA |
2021-2023 | Rs. 17.54 LPA |
2020-2022 | Rs. 20.03 LPA |
Companies from different sectors and industries were hosted by XIMB for their placement process. A total of 99 companies participated in the XIMB placements for the batch 2022-2024. The list of different companies in the XIMB placements 2024 across various sectors is mentioned in the table below.
Sectors | Top Companies Offering XIMB Average Package |
Systems | Air India Pine Labs IBM Tata Electronics Factspan GE Healthcare |
Marketing | Dabur Berger Loreal Asian paints Lakme MTR |
Consulting | PWC Bain and Company EY Accenture Avalon Consulting Optum Deloitte Avasant |
Finance | ICICI Bank Axis Bank Aditya Birla Capital DE Shaw IDBI Bank Wells Fargo |
Operations | Tata Steel Flipkart Ultratech Shadowfax Indus Towers Vedanta Aarti Industries |
XIMB Average Package for the placements of the batch 2022-2024 stood at Rs. 19.53 lakhs per annum. XIMB achieved a placement rate of 100% for this placement season.
The highest domestic salary package at XIMB was around Rs. 30 lakhs per annum. The median annual compensation stood at Rs. 18.37 lakhs per annum.
As per the latest fee update, the total fee for an MBA at XIMB is close to Rs. 22.1 lakhs. The fee will have to be paid over two years. The security deposit will be refundable.
The CAT percentile required for XIMB is around 88-92 based on the previous year's XIMB CAT cutoff data. Candidates with a CAT percentile within this range applying to XIMB have a higher chance of getting shortlisted for the PI round.
Hello,
The average cutoff at XIMB is around 91 percentile while the NMAT cutoff is also above 90 percentile, so both the entrance exams have a competitive selection process. The good news is that XIMB accepts NMAT scores, which means you have a great opportunity to secure admission into these colleges with both the scores.
hope this helps,
Thank you
Let me tell the this thing that if you want to take admission in MBA than the eligibility for that is pass with 55% aggregate marks in Bachelor’s degree (any discipline) or equivalent, subject to qualifying LPUNEST or CAT or MAT or XAT or NMAT or CMAT and Interview Or Completed Company Secretary (CS) from Institute of Company Secretaries of India (ICSI), subject to qualifying Interview Or Completed Chartered Accountancy (CA) from Institute of Chartered Accountants of India (ICAI), subject to qualifying Interview Or Completed Cost & Management Accountancy (CMA) from Institute of Cost Accountants of India (ICAI)., subject to qualifying Interview, you need to fulfil this eligibility criteria for taking admission in LPU.
Dear Aspirant,
You can apply for XIMB and XLRI for MBA. However, both of these colleges do not accept MAT scores. XIMB accepts CAT, XAT, NMAT and X-GMT scores. XLRI accepts only XAT scores. So you have to give these exams and clear their cutoffs to get into these two B-Schools.
Hi Aspirant,
Hope you are doing great as per the question asked by you,as there is no official dates regarding second waitlist movements as if there are any seats left or vacant then next waitlist comes. It totally depends upon number of seats or filled or vacant during the process. You are advised to wait patiently for the next cutoffs.
Hope you found this answer useful. Stay motivated stay positive.
All the best!
Hy Gator, did u got final conversion letter from Xavier's?
A career as Marketing Director is also known as a marketing expert who is responsible for the overall marketing aspect of the company. He or she oversees plans and develops the company's budget. The marketing Director collaborates with the business team to plan and develop the marketing and branding strategies for the company's products or services.
A Business Development Executive (BDE) is a professional responsible for identifying growth opportunities and fostering strategic partnerships to enhance a company's market position. Typically, a BDE conducts market research, analyses industry trends, and identifies potential clients or business prospects. He or she plays a crucial role in developing and implementing sales strategies to achieve revenue targets.
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Content Marketing Specialists are also known as Content Specialists. They are responsible for crafting content, editing and developing it to meet the requirements of digital marketing campaigns. To ensure that the material created is consistent with the overall aims of a digital marketing campaign, content marketing specialists work closely with SEO and digital marketing professionals.
A sales manager is a revenue-generating source for a company. Any organisation or company which sells a commodity or service requires sales to generate revenue. A Sales manager is a professional responsible for supervising the sales team. An Individual as a sales manager works closely with salespeople, assigns sales territories, sets quotas, mentors the members of the sales, assigns sales training, and builds a sales plan.
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Individuals who opt for a career as a business analyst look at how a company operates. He or she conducts research and analyses data to improve his or her knowledge about the company. This is required so that an individual can suggest the company strategies for improving their operations and processes.
In a business analyst job role a lot of analysis is done, things are learned from past mistakes and the successful strategies are enhanced further. A business analyst goes through real-world data in order to provide the most feasible solutions to an organisation. Students can pursue Business Analytics to become Business Analysts.
A marketing manager is a person who oversees a company or product marketing. He or she can be in charge of multiple programmes or goods or can be in charge of one product. He or she is enthusiastic, organised, and very diligent in meeting financial constraints. He or she works with other team members to produce advertising campaigns and decides if a new product or service is marketable.
A Marketing manager plans and executes marketing initiatives to create demand for goods and services and increase consumer awareness of them. A marketing manager prevents unauthorised statements and informs the public that the business is doing everything to investigate and fix the line of products. Students can pursue an MBA in Marketing Management courses to become marketing managers.
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Digital marketing is growing, diverse, and is covering a wide variety of career paths. Each job function aids in the development of effective digital marketing strategies and techniques. The aims and objectives of the individuals who opt for a career as a digital marketing executive are similar to those of a marketing professional: to build brand awareness, promote company services or products, and increase conversions. Individuals who opt for a career as Digital Marketing Executives, unlike traditional marketing companies, communicate effectively through suitable technology platforms.
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