Internship offers continue to roll with stipend as high as Rs 1 lakh per month.
In the ongoing placements season at IFMR Graduate School of Business (GSB) at Krea University, 158 out of 184 students from the cohort of 2021-23 have been hired by leading global and Indian consulting, finance and technology companies. Students have gone on to bag new-age roles across Risk Management, Consulting, Analytics and Regulatory Reporting.
Some of the prominent recruiters include JPMC, Deloitte, Wells Fargo, EY, HSBC India, Morgan Stanley, NOMURA, TVS NEXT, Societe Generale, and Axis Bank, to name a few. The cohort of 2022-24 is also set to kick off promising summer internships, with 60 students having bagged niche roles with the highest stipend at Rs 1 lakh per month.
On the occasion, Dean Lakshmi Kumar added, “Since inception, IFMR GSB has always reveled in its placement record. Our placement has always been near 100%. Over the last 22 years the average has been increasing year on year. As of mid-December, 86% of our students have been placed with an average of Rs 13.5 lakhs. The credit for this goes to our placement team headed by Prof Nagarani and supported by faculty, staff and students of the placement cell. We have been able to attract international companies like J P Morgan, Credit Suisse, Ernst & Young, Morgan Stanley, Nomura, Societe Generale, and so many more, and excellent roles like risk management, consulting, analytics, regulatory reporting among others. With a focus on quantitative finance, data science, fintech and sustainability we are sure to attract more companies and larger roles in the years to come.”
This year the average CTC has been up by over 20 percent and the highest salary offered, INR 20 lakhs per annum. At the time of writing this report, 39 recruiters had bestowed their trust in IFMR GSB’s MBA pedigree and hired students for roles across an array of sectors.
For internships, the roles garnered were across the sectors if IT, BFSI, FMCG, HR and Consulting and with top recruiters such as Dell Technologies, D E Shaw, Credit Suisse, Morgan Stanley, JPMC, HSBC, Wells Fargo, Tata International, EY India, TeamLease, SBI Capital, Vivriti Capital, Rolandlam and Barclays to name a few.
The report is interim, and these figures are based on the ongoing placement season at IFMR GSB.
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