IFMR GSB Placements: Average Salary jumps nearly 10% in 2020
by DebriN Synergy Business Simulation ServicesIFMR Graduate School of Business (IFMR GSB), Krea University
recently released their final placement report for the MBA batch of
2018-20. The highest salary bagged by the batch is Rs. 13.6 lacs per
annum. The average salary took a leap from the previous year’s Rs.8.67 lacs per
annum to Rs. 9.41 lacs per annum, this year. Median salary for the two-year MBA
is Rs.9.50 lacs per annum. This being evidence to the fact that skilled talent
continues to attract top institutions even in the middle of a challenging
scenario. Amongst the recruited students, more than 10 offers were
upgraded.
The top 10% of the batch walked away with Rs.12.86 lacs per annum,
followed by the top 50% with an average of Rs.10.6 lacs per annum. Candidates
with experience landed with an average of Rs10 lacs per annum and the freshers
with Rs.8.9 lacs per annum.
Amidst the ongoing crisis, the summer internship placement of the
current batch showed immense promise. With a major MNC consulting offering the
highest stipend of Rs. 1,00,000, the average stipend stood at Rs.38,400 and the
median at Rs.30,000.
Arriving at the sectors, 48% of the batch are placed in the BFSI
sector, followed by 12% finding their way into Consulting, 9% into Advertising
or Media, 7% in IT/ITES and 6% in Retail. Around 5% placed themselves in
Retail, FMCG and another 5% in logistic supply chain. The remaining 8% found
their opportunities spread over other domains.
Amongst the 51 top recruiters who offered internship opportunities
to the students, 22 of them continue their history with IFMR, GSB and 29 are
first time recruiters. Top recruiters for the year include ANZ, Bajaj Finserv,
Bank of America, Barclays, Care Ratings, CITI, Credit Suisse, Crisil, Federal
bank, Fincare, GIC Housing Finance, HDFC Bank, ICICI Prudential Life, Societe
Generale, IDFC First Bank, JP Morgan Chase, Deloitte USI, Ernst & Young,
KPMG, TBRC, Accenture, AMS India, Arrka, Care Risk Solution, Genpact, HCL,
Infosys, Temenos, Wipro, Double Down, Intellipaat, Nielsen, Philips,
Schneider Electric and others.
The gamut of interesting roles offered include Business Analyst,
Consultant, Associate Consultants, Solution Lead, Credit Assessment officer /
Credit Risk Analyst, Team Lead, Valuations Analyst, CRO Change (Chief Risk
Officer) Management Trainees, Solution Advisor - Risk & Advisory, Deputy
Managers, Manager - International Vendors & Logistics, Research Analyst,
Analyst Digital, Pre-Sales Consultant, Market Research Solution Advisor,
Management Executive/Trainees, Relationship Managers amongst many others.
From the batch of
2017-19 onward, IFMR Graduate School of Business, Krea University has been
offering the MBA program in Finance, Marketing, IT, Operations, HR, and
Strategic Management, with additional specializations in Banking Financial
Services and Insurance (BFSI) & Data Sciences (Business Analytics).
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Created on Apr 22nd 2020 00:33. Viewed 321 times.