BSAT 2019 Applications Close on 12 December Career Prospects with IBS
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Career Prospects with IBS

IBS or ICFAI Business School holds an immaculate record when it comes to the placements of its students. It constantly upgrades its pedagogy and curriculum to keep its MBA program industry relevant. Throughout the program, students stay involved with different types of industry interfaces and gain hands-on experiences, giving them a better understanding of the management concepts. They are encouraged to organize workshops, management meets and seminars to help them develop their organizing and managerial abilities, equipping themselves with the right tools to emerge as business leaders of tomorrow.

The institute creates ample opportunities for the students to apply the learnt academic knowledge to real-life situations. Every student at IBS must go through a summer internship program with an organization of his/her choice. This 14 weeks long internship program not only serves as a practical learning ground for the student, but enables him/her to complete a value-added project for the concerned company, which proves to be a great help in his/her final placement.

Owing to the extensive corporate support that IBS gets, its students have been able to complete challenging, diverse and mutually beneficial projects for both themselves and the companies they intern with. Some of the leading corporates that regularly hire students for summer internships from IBS include Axis Bank, Citigroup Global Markets, Bank of America, Coca-Cola, HDFC Bank, Dr Reddy’s Laboratories, ICICI Bank, JPMorgan, ICICI Lombard General Insurance Co, Development Bank of Singapore, Deutsche Bank, Credit Suisse and more.

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How CMC helps in improving the career prospects of the students

The institute has its own Career Management Centre (CMC) which is responsible for looking after the placement activities at the institute throughout the year. It functions under the guidance and supervision of a coordinator. This coordinator has a team of executives and managers in turn who rack their brains to ensure best placements for the passing out students.

The primary objective of CMC is to improve the placement chances of the students. The Career Management Centre’s personnel meet up with potential employers in reputed companies and update them about the talent pool available in the institute. This has resulted in a strong relationship between the school and over 4000 different corporate establishments over the years. Last year, in 2018, 500+ companies recruited from IBS and there has been a constant increase in the number of companies that visit IBS for recruitment purposes each year.

CMC also organizes multiple activities like workshops, preplacement talks, guest lectures and more, providing platforms to the students and industry representatives to interact with each other. Other than academics, students are provided hands-on training in soft skills and are offered career counselling as well. They are exposed to mock interviews and group discussion practices before the final placement process.

Actually, the complete placement exercise at IBS is an effective collaboration between its students and the institute. IBS does an exceptional job in training its students to be all-round professionals, and the kind of placement record it holds is a testimony to that fact.

Placement details for the class of 2019

IBS Campus Off Campus Placements On Campus Placements Highest National CTC (Per Annum) Highest International CTC (Per Annum) Average CTC (Per Annum
Jaipur 1% 99% ₹ 6.4 lakh ₹ 17.3 lakh ₹ 4.93 lakh
Gurgaon 5% 95% ₹ 16.05 lakh ₹ 17 lakh ₹ 6 lakh
Ahmedabad 1% 99% ₹ 6.8 lakh ₹ 16.5 lakh ₹ 5.95 lakh
Hyderabad 4% 96% ₹ 16.05 lakh ₹ 50.23 lakh ₹ 7.32 lakh
Bangalore 3% 97% ₹ 10 lakh N/A ₹ 5.98 lakh
Dehradun 1% 99% ₹ 10 lakh N/A ₹ 5.32 lakh
Kolkata 1% 99% ₹ 10 lakh N/A ₹ 5.82 lakh
Pune 1% 99% ₹ 16.05 lakh ₹ 13.4 lakh ₹ 6.32 lakh
Mumbai 1% 99% ₹ 16.2 lakh ₹ 15 lakh ₹ 6.44 lakh

Some of the leading recruiters from IBS include:

Banking sector

HDFC Bank, ICICI Bank, Citibank, HSBC Technology Services, Yes Bank, Kotak Mahindra Bank, IndusInd Bank and more

Tourism / Hospitality / Education

ITC hotels, Zomato, MT Educare, Taj Hotels, Atlantis Inovation & Edu Travel Pvt. Ltd., Thomas Cook (India) Ltd. and more

Consulting

Brandscapes Worldwide, Deloitte Consulting, Capgemini Consulting, E & Y, KPMG, Orange Tree Global, Index Advisory Pvt. Ltd., Deloitte US India (Audit Services) and more

Retail / FMCG

Asian Paints, Amazon.com, Bajaj Electrical, Fab India, Colgate, ITC, Marks & Spencer PLC, Philips India, Nestle, Tommy Hilfiger and more

Financial Services

American Express, Capital First, Crisil (Irevna), Deloitte Shared Services India P Ltd., E & Y, Evalueserve, Edelweiss Broking Ltd., Goldman Sachs, HDFC Ltd., JPMorgan India Finance Centre, JPMorgan Chase and more