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The Placement Record of ICFAI Business School: 98% Placement Success

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The ICFAI Business School (IBS) stands as a prominent name in business education. It has become the top choice for aspirants who are willing to make a mark in the business and management industries.

And what truly sets ICFAI Business School apart is its remarkable track record of placements. In 2023, an impressive 98% of the students from the prestigious campus of Hyderabad secured coveted positions in leading organizations.

These graduates achieved remarkable success, with the highest annual salary offered reaching an impressive INR 56 - 58.19 lakh, while the average annual salary stood at a commendable INR 7.55 lakh.

Last year, the ICFAI Business School (IBS) placement season began in August 2022 and concluded in May 2023. Thousands of IBS graduates actively participated in the placement process, with majority of them successfully securing placements in top international firms. There's a lot to explore. So, let’s jump straight to the article.

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top_companiesHow Did ICFAI Business School Students Get Placed in Top Companies?

ICFAI Business School has a track record of placing its graduates in prestigious companies. However the major credit goes to the IBS's dedicated placement cell, which works closely with students to help them find appealing employment possibilities.

They start very early in the school year and take an extensive approach to getting their students placed. In order to improve their interviewing abilities, students actively participate in workshops and training sessions. The placement cell also offers them assistance in creating standout cover letters and resumes.

The final placements typically take place in May. With a robust alumni network and a diligent placement cell, ICFAI Business School consistently empowers its students to secure positions in leading companies during the placement season.

Business Analyst, Management Consultant, Financial Analyst, Marketing Manager, Product Manager, Operations Manager, and Human Resources Manager stayed as the popular streams with the highest placements.

recruitmentThe Top Recruiters for ICFAI Business School Students

Google Infosys Boston Consulting Group
Microsoft McKinsey & Company Aditya Birla Group
Amazon Bain & Company Hindustan Unilever
Tata Consultancy Services Wipro and more. Axis Bank

packageThe Average and Highest Salary Packages for ICFAI Business School Students

The table below is a detailed illustration of how ICFAI placements went in 2023 across multiple IBS campuses. Take a look

PLACEMENT DETAILS CLASS OF 2023

Campus

 

Highest CTC

Average CTC

Placements

Average CTC

National

International

Top 10%

Top 25%

Ahmedabad

98%

7.30

8.29

13.00

9.23

8.69

Bangalore

95%

7.42

12.58

-

9.29

8.73

Gurgaon

95%

7.55

12.00

22.93

11.63

9.90

Hyderabad

95%

10.42

21.00

58.19

17.66

13.97

Kolkata

99%

7.41

8.50

-

8.42

8.34

Mumbai

98%

8.17

18.80

11.13

13.3

11.01

Pune

99%

7.59

12.00

56.55

10.96

9.47

Dehradun

94%

6.39

8.65

23.00

10.40

8.70

Jaipur

99%

8.53

9.00

23.31

16.99

12.06

The table shows that the placement record of ICFAI Business School is very good. Typically, the average salary package offered to ICFAI graduates is INR 8.78 lakhs per annum, while the highest salary package ever offered to an ICFAI alumni has even gone up to INR 58.19 lakhs per annum. The placement percentage was also very good, with 96.8% of the students getting placed.

factorsThe Factors That Contributed to the Excellent Placement Record of ICFAI Business School

The following factors contributed to the excellent placement record of ICFAI Business School:

Strong academic reputation: ICFAI Business School is a renowned and esteemed business school in India with a strong academic reputation. Several publications have listed it as one of India's top business schools.

Wide-ranging alumni network: To date, more than 62,000 graduates have graduated from IBS's numerous campuses. The alumni are spread across numerous businesses and are eager to support the students in their career paths.

Effective placement cell: ICFAI Business School's placement cell prioritizes assisting students in finding suitable jobs. Regular campus recruiting drives are held by the cell, which also gives students career guidance.

Summer internship programs: Summer internship opportunities are provided by a number of programs that the ICFAI Business School offers, giving students the chance to get real-world experience.

Summer internship programs: ICFAI Business School offers a variety of summer internship programs that give students the opportunity to gain practical experience.

Industry projects: ICFAI Business School collaborates with various industries to provide the students with the opportunity to work on real-world projects.

adviceFinal Words

Overall, ICFAI Business School has a good academic reputation, industry-relevant curriculum, high-quality professors, a sizable alumni network, and an efficient placement cell, all of which contribute to its stellar placement record.

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