Admission News

April 04, 2017 @ 01:15 PM

34% Jump in highest compensation; 3 students’ bag 18 lac offers at IFMR, Chennai

IFMR, Chennai

Published : Monday, 30 January, 2017 11:35 AM


34 % Jump in highest compensation; 3 students’ bag 18 lac offers at IFMR, Chennai

IFMR (Institute for Financial Management and Research) which has been consistently ranked among India’s best B-Schools since it’s inception of the PGDM programme in 2000 has been a preferred destination for recruiters. Charan KM, Harshita G, and Sudipta D bagged job offers of Rs 18 lakh each from a European MNC setting up a new facility in India.  They had other offers on hand, but were allowed to participate in this company’s selection process. “We have already placed 97% of the 16th batch of PGDM students graduating in 2017”, said the Chairperson Placements, Professor Nagarani, “but given that the company sought us out, we had to put our best foot forward, and not restrict our offerings to only those not yet placed”.

With 3 students getting highest offers the class of 2017 notched a new high as the highest salary on campus jumped by 34% compared to the previous batch and average CTC being 9 lakhs per annum. 20% Student placed in the sales & marketing, 35% in Finance & Financial engineering, 20% student placed in BFSI & Operation and 25% placed in the consulting & HR. “While most of the top B Schools including the IIMs struggle to maintain a gender diversity ratio, IFMR has successfully been able to attract girl students in the campus and our gender diversity has always been between 32 – 35%. Diversity not just in terms of gender, we encourage applications from various culture, backgrounds, streams and work experiences from various verticals”, said Prof. Nagarani. In response to a question on those with work experience, she said those who leverage their domain knowledge and return to the same industry can command a salary of 10 lakh plus, and even those who move across domains get a premium from 1 Lakh to 3 Lakh, depending on the quantum of experience.

“Demonitisation may have slowed down the overall process of placements in top B Schools but the placement performance at IFMR signaled sharp increase in interest in recruitment from the campus of IFMR.The collective agenda of the faculty has been to align the curriculum with the demands of the industry and to offer practice led, value based education to the students. This has paid off.”, said Dr. P.K. Biswas, Director, IFMR.

Sector wise placement: Finance & Financial Engineering: ANZ, Credit Suisse, CRISIL, Deloitte, SBI CAP, HDFC. Consulting & HR: Accenture, Cognizant, Infosys, i-Nautix, TCS. Sales & Marketing: Bajaj Fin Serv, DSP Blackrock, HSBC, Kodak Mahindra Bank, Yes Bank. BFSI & Operation: Bank of America, Genpact, J P Morgan, RBS, SCOPE International

Roles offered by various organisations are as follow: Finance & Financial Engineering sector Equity research & Risk analysis, BFSI & Operation sector: Team lead operation Analysis, Project Management, In the Consulting & HR Sector profile offered is corporate planning, Business Analysis, Consultant & Recruitment

Two new specializations - BFSI & Data Science (Business Analytics) has been recently introduced by IFMR. With the University status to be granted soon, newer courses like B.B.A, MA (Development Studies) and MA (Economics) and more PhD programmes to be introduced from next session. Applications for the batch 2017-19 is open, more information can be obtained from the site.

Register here to get Admission News On  & 


Stay informed, Stay ahead and stay inspired with MBA Rendezvous

Crucial Dates, You Should not Miss

TAPMI, Manipal
Admission Application closes on January 16, 2018 for 2018-20
BIMTECH, Greater Noida
Admissions open for PGDM Programmes at BIMTECH. Apply Now !
Lal Bahadur Shastri Institute of Management
Admissions are Open at LBSIM, Delhi. Apply Now !
FORE School of Management
Apply for PGDM & PGDM-IB Programmes. Application Deadline is December 22, 2017.
Goa Institute of Management
PGDM Admissions Open at GIM. Apply Before January 5, 2018
Last Date to Apply for MBA (Full Time) Programme at NIRMA is January 09, 2018
XAT 2018
Application Last Date 30th November 2017
IMI New Delhi
Application closes 4th December 2017
XIM Bhubaneshwar
Last Date 8th December 2017
SIBM Bengaluru
Apply for SNAP 2017 to be held on Dec 17 and apply for SIBM-Bengaluru through the SNAP Form
Institute of Rural Management Anand
IRMASAT will be conducted on February 4,2018, Apply Before December 31,2017
IBSAT 2017
Last date for IBSAT registration is December 12 , 2017
Last date to register for SNAP is 24th November, 2017. Last date for SSBF is 2nd January 2018
SIBM Hyderabad
Apply for SNAP 2017 to be held on Dec 17 and apply for SIBM-Hyderabad through the SNAP Form
K J Somaiya Institute of Management Studies & Research, Mumbai
Last date for Application is 31st Jan, 2018
Application for PGDM 2018-20 at SDMIMD is open till February 28, 2018
Institute of Management Technology
Application closes on November 24, 2017
MDI Murshidabad
Application for PGPM 2018-20 at MDI Murshidabad is open till November 24, 2017

Admission Open Now

Following Colleges are accepting applications.


Admissions open for 2018-20

PGDM, PGDM (HRM), PGDM(B & FS), Executive PGDM

Apply Online