ICFAI Business School (IBS), Kolkata
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IBS Kolkata Placements 2024: Highest Package, Average Package, Top Recruiters

Map Pin IconSalt Lake City, Kolkata
Comment Icon88 Student Q&A
  • Private Institute
  • Estd. 1995
Dark Clock Icon Last updated on 15 Jul '24

IBS Kolkata Placement overview

What’s new at IBS Kolkata placements 2024? The highest and average package offered during IBS Kolkata placements 2024 stood at INR 10 LPA and INR 6.7 LPA, respectively. Further, the placement rate recorded during IBS Kolkata placements 2024 stood at 99%. Apart from this, Financial Services emerged as the top recruiting sector that placed 30% of the total students during IBS Kolkata placements 2024.

IBS Kolkata Placements 2024

  • A rise of nearly 18% was witnessed in the highest package offered in 2024 as compared with 2023
  • There was a fall of nearly 10% in the average package offered in 2024 as compared with 2023

Earlier, the highest and average package offered during IBS Kolkata placements 2023 stood at INR 8.5 LPA and INR 7.41 LPA, respectively. In addition, the placement rate recorded during IBS Kolkata placements 2023 was 99%.

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IBS Kolkata Placement Report 2024: Highlights

The key highlights of IBS Kolkata PGPM placements 2024 as compared with 2023 are presented in the below-mentioned table:

Particulars

Placement Statistics (2023)

Placement Statistics (2024)

Highest package

INR 8.5 LPA

INR 10 LPA

Average package

INR 7.41 LPA

INR 6.7 LPA

Top 10% average package

INR 8.42 LPA

INR 8.77 LPA

Top 25% average package

INR 8.34 LPA

INR 8.43 LPA

Placement rate

99%

99%

Note: Placements 2023 data is sourced from older reports, which is no longer available on the official website.

IBS Kolkata Average Package 2024

Further, the overall average package offered during IBS Kolkata placements 2024 stood at INR 6.7 LPA. Further, a fluctuating trend was witnessed in the average package offered over the past three years during IBS Kolkata placements. The average salary trends witnessed during IBS Kolkata placements over the past three years are presented below:  

Particulars

Placement Statistics (2022)

Placement Statistics (2023)

Placement Statistics (2024)

Average package

INR 7.11 LPA

INR 7.41 LPA

INR 6.7 LPA

Top 10% average package

INR 14.12 LPA

INR 8.42 LPA

INR 8.77 LPA

Top 25% average package

INR 10.41 LPA

INR 8.34 LPA

INR 8.43 LPA

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IBS Kolkata Admission

IBS Kolkata Compare

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IBS Kolkata
Average packages & top recruiters 2025

Top Recruiters

HDFC Bank
ICICI
Ernst & Young
Deloitte
ICICI Securities
HDFC Life
BAJAJ Allianz
Anand RathiSecurities
pwc
Kotak Bank
Axis Bank
Kotak Mahindra Bank
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IBS Kolkata
Course placements 2024

CourseAverage salaryMedian SalaryHighest Salary
Post Graduate Program in Management (PGPM)
INR 6.70 Lakh
INR 6.50 Lakh
INR 10.00 Lakh
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IBS Kolkata
Students Ratings & Reviews

4/5
Verified Icon40 Verified ReviewsInfo Icon
Placement Review IconPlacements4
Infrastructure Review IconInfrastructure3.7
Faculty Review IconFaculty & Course4.5
Crowd Review IconCampus Life3.9
Money Review IconValue for Money4
What students say about ICFAI Business School (IBS), Kolkata
Placements
Infrastructure
Faculty
Other
LikesView All
Other renowned companies like ITC, Byju's, Deloitte, Aditya Birla, etc., also visit our campus for placements.
Based on 21 Reviews
S
Shatadal Adak Verified Icon
Post Graduate Program in Management (PGPM) - Batch of 2024
5
5Placements5Infrastructure5Faculty5Crowd & Campus Life5Value for Money
One of the best colleges in terms of placement and with great faculty members.
Placements: Placement in your college is very good; almost all the students get placed. The highest package was INR 10–11 LPA, the average was INR 6-7 LPA, and the lowest was INR 4-5 LPA. Top recruiters include Deloitte, PWC, ICICI Bank, and HDFC Bank. All students got internships from the college. Roles for job offers are tax associate, consultant, sales associate, business analyst, relationship manager, and market researcher.
Infrastructure: The college has centralized air conditioning, a lift, a computer lab, a library, a table tennis room, and carrom boards. There was no hostel facility provided in the college, but they will offer assistance with PG accommodation. The food served in the canteen is healthy and at a low cost.
Faculty: Faculty members are always there to help students; they are very helpful and provide proper guidance to each student. Teaching quality is great; all the faculty members are qualified with proper corporate experience. This course curriculum is relevant, and it will provide all the knowledge that is required to be ready for corporate life. Difficulty in semester exams is moderate.
Reviewed on 22 Sep 2023Read More
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Anubhav kanu Verified Icon
Post Graduate Program in Management (PGPM) - Batch of 2025
4.6
5Placements4Infrastructure5Faculty4Crowd & Campus Life5Value for Money
Our college is a great choice for students.
Placements: Our college provides good placements. Almost 99% of students got placed in the best companies. The best consulting firms visit our campus for recruitment. Deloitte, E&Y, PWC, ICICI Bank, HDFC Bank, etc., visit our campus for the placement process.
Infrastructure: The infrastructure of our college is good. We have well-equipped air-conditioned smart classrooms, Wi-Fi, a very good library, and a canteen with very good food.
Faculty: The curriculum, alumni network, and teaching methods prepare us for the corporate world. Faculty members are very good. They provide 100% support to students. They guide students throughout the academic year. The course includes the case study pattern, which is quite interesting. It makes students industry-ready.
Other: I chose this college because it provides good placements. Our college organises various sports events from time to time such as cricket league, football tournaments, etc.
Reviewed on 21 Sep 2023Read More
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D
Debjani Choudhury Verified Icon
Post Graduate Program in Management (PGPM) - Batch of 2021
4
4Placements4Infrastructure4Faculty4Crowd & Campus Life4Value for Money
PGPM course in ICFAI Business School, Kolkata.
Placements: 86% of students got placed. The highest package was around 6 Lacs and the lowest package was around 3 Lacs. The average package was around 4.5 Lacs. Deloitte, PWC, ICICI bank, HDFC life, SBI life, franchise India, Byjus. All the students got internships from the college during the course. Sales, Associate, Relationship Manager, Executive, Business Development, Market Research.
Infrastructure: The college has centralised air conditioning, lift, medical services, computer club, well-equipped library, Wi-Fi classroom, smart class. There was no hostel facility provided in the college, outside students has to stay in nearby PG or flats. Chess board and carrom boards are available.
Faculty: Yes, the teachers are very helpful and provide proper guidance to each student. Faculty members are qualified and with proper corporate experience, they are knowledgeable and train every student to be ready for corporate culture. Yes the curriculum is relevant, updated and up to the mark. Yes it provide all the knowledge which is required to be ready for corporate exposure. It is moderately difficult. The passing % is 40. But for placement purpose you need to have 60%in all the semester.
Other: For higher knowledge, and exposure to finance line. Learning all the small detail about everything in the course. The course is built beautifully with proper case-based studies. Brio is the major event that happens in the year, apart from that small event that happens in regular intervals. There are many clubs like a cultural club, environmental club, debate club, finance club, marketing club, analytics club. The scholarship is provided to the students scoring above 80% in the semesters.
Reviewed on 17 Nov 2021Read More
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M
Mainak Mukherjee Verified Icon
Post Graduate Program in Management (PGPM) - Batch of 2018
4.8
5Placements4Infrastructure5Faculty5Crowd & Campus Life5Value for Money
The quality of teaching was way above average and very fluid helping students to understand.
Placements: 95% of the students were placed from our batch. The rest 5% suffered from academic affliction. They had a strict placement policy. The highest national package was 10lacs, the international package was 11lacs. Top recruiters included Deloitte, ICICI, TCS, Yes Bank, HDFC. The internship was offered to 100% of the students. Companies ranged from HDFC, Skybits data analysis. Roles for job offers ranged from financial advisory to business analyst.
Infrastructure: The college didn't have a hostel but offered assistance in PG accommodation. The canteen was present, offering Indian and Chinese cuisine. Classes were digitally equipped. Wi-Fi connection was available. Also, a computer lab was present. A well-stocked library supported students for their learning needs.
Faculty: The best part about this college was it's faculty members. The faculty members had a huge range of experience, and knowledge, and were ever ready to help the students out in any of their doubts. The quality of teaching was way above average, and was very fluid, helping students to understand.
Reviewed on 29 May 2020Read More
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PP
PRATEEK PRADHANVerified Icon
Post Graduate Program in Management (PGPM) - Batch of 2019
5
5Placements5Infrastructure5Faculty5Crowd & Campus Life5Value for Money
It is one of the best colleges with very good faculty members and career-oriented opportunities.
Placements: Placements in our college were appreciable. It is a 2-tier college, and almost 100% of the students of our batch got placed. Companies with more expectations from marketing and finance domain visit our campus for placements. Placements opportunities for HR low, but still the college try to provide jobs for them. The highest salary package offered was 13 LPA. The lowest salary package offered was 3.5 LPA. The average salary package offered ranges between 4-5.5 LPA. Banking sector companies like HDFC, ICICI, IndusInd, Federal and Kotak are expected every year for placements. Other renowned companies like ITC, Byju's, Deloitte, Aditya Birla, etc., also visit our campus for placements. International placement opportunity by Khimji Ramdas  (OMAN) and Sadguru (Nairobi) has also been there. Most of the job roles offered were based on sales designations (B2B and B2C), account handling and operations specific. Almost every student was offered internship opportunities except those who want to do it with their references. The highest stipend offered was Rs. 5,000 per month. The lowest stipend offered was Rs. 1,000 per month. There is a placement cell in our college with highly experienced and contact-based placement heads, who keep on inviting companies for placements until and unless every student gets placed.
Infrastructure: The infrastructure of our college is good with facilities like Wi-Fi, computer labs, conference halls, library, medical doctor check-ups, carrom, table-tennis, activity room, canteen etc. Classrooms are always neat and suitable for long lectures equipped with projectors. The food served in the canteen is healthy and at low cost, so as everyone can afford. Hostel facility is not provided, and students have to look it up on their own. Every member of the college, students, teachers and staffs are liable to keep the college clean.
Faculty: Teachers in our college are knowledgeable with best practices to reach every student. Lectures are often conducted through projector presentations. The course curriculum is quite strict and vast to keep the students intact every time. A lot of assignments, case study materials, weekly tests, class participation markings, group discussions, presentations performances are conducted to groom the students in the best manner. Activities are conducted weekly by marketing and finance club to provide external exposures.
Other: Events like a Rock band, Desi day, freshers party are organised to make the students feel homely and excited. The college fest is organised every year.
Reviewed on 10 Aug 2019Read More
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DM
Darween MohantyVerified Icon
Post Graduate Program in Management (PGPM) - Batch of 2020
4.8
5Placements5Infrastructure5Faculty5Crowd & Campus Life4Value for Money
Overall it was good and satisfied.
Placements: 100% placement for all streams in which Students are pursuing (Marketing, Finance, HR). Placements of our batch was 100% and seniors too. The highest package was 12lakhs and the lowest was 3lakhs. Marketing companies and finance companies were visited. Marketing companies like ITC, OYO, CCD, MAKEMYTRIP, etc. Finance companies like HDFC, ICICI, DELLOITE, etc.
Infrastructure: Wi-Fi, labs, Classrooms, Library, Sports, and Games. Quality of labs and classrooms are good, as all classes are fully air-conditioned. Quality of canteen food is good. I didn't face any infrastructure issues during our college. The college have parking facility.
Faculty: Professors are very helpful, highly qualified professors and knowledgeable. Teaching quality is best. Teaching methods like first of all they teach us and then they ask questions to students, if they having doubts related to studies the doubts are cleared then and there. Teachers take tests. Student to faculty ratio is 2:1. Yes I get industry exposure. I GOT 14 weeks of internship under real estate industry. Yes, the course curriculum was useful.
Other: Sports tournaments, Fresher's party, Desi day, feats like BRIO.
Reviewed on 9 Aug 2019Read More
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IBS Kolkata Placement FAQs

Q:   Does IBS Kolkata offer summer internship to its students?

A: 

Yes, IBS Kolkata offers summer internships to students. The summer internship programe at IBS Kolkata runs for approximately 14 weeks. The objective of the summer internship programe at IBS Kolkata is to enhance students’ learning and help them match with the pace of corporate life. Further, the list of top recruiters during IBS Kolkata summer internships in recent past is presented below:

IBS Kolkata Summer Internships: Top Recruiters

Bank of America

KPMG

JP Morgan

Ernst & Young

DE Shaw

Genpact India

ITC

Bharti Airtel

Titan Industries

Coca Cola

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Q:   What is the average package offered during IBS Kolkata placements?

A: 

Further, the overall average package offered during IBS Kolkata placements 2024 stood at INR 6.7 LPA. Further, a fluctuating trend was witnessed in the average package offered over the past three years during IBS Kolkata placements. The average salary trends witnessed during IBS Kolkata placements over the past three years are presented below:  

Particulars

Placement Statistics (2022)

Placement Statistics (2023)

Placement Statistics (2024)

Average package

INR 7.11 LPA

INR 7.41 LPA

INR 6.7 LPA

Top 10% average package

INR 14.12 LPA

INR 8.42 LPA

INR 8.77 LPA

Top 25% average package

INR 10.41 LPA

INR 8.34 LPA

INR 8.43 LPA

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Q:   What is the placement rate at IBS Kolkata?

A: 

IBS Kolkata has maintained placement rate of 99% over the past three years, which is also presented in the below table:

Particulars

Placement Statistics (2022)

Placement Statistics (2023)

Placement Statistics (2024)

Placement rate

99%

99%

99%

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Q:   Which is the top recruiting sector at IBS Kolkata?

A: 

Financial Services sector emerged as the top recruiting sector that placed 30% of the total students. The sector-wise placement distribution recorded during IBS placements 2024 is presented below:

Sectors

Placement Distribution in % (2024)

Financial Services

30%

Banking

15%

IT/ITES

14%

Consulting

10%

Insurance

8%

Infra/Telecom/Real Estate

5%

FMCG / Retail

4%

Manufacturing/Construction

4%

Media & Research

2%

Hospitality/Tourism

2%

Education

1%

E-Commerce

1%

Other Services

4%

Note: The sector-wise placement distribution data presented above is the overall data of all the IBS campuses.

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Q:   Does IBS Kolkata offer best placement?

A: 

IBS Kolkata has maintained good placement record over the past few years. Further, the placement rate recorded during IBS Kolkata placements over the past three years stood at 99%. The key highlights of IBS Kolkata PGPM placements over the past three years are presented below:

Particulars

Placement Statistics (2022)

Placement Statistics (2023)

Placement Statistics (2024)

Highest package

INR 12 LPA

INR 8.5 LPA

INR 10 LPA

Average package

INR 7.11 LPA

INR 7.41 LPA

INR 6.7 LPA

Top 10% average package

INR 14.12 LPA

INR 8.42 LPA

INR 8.77 LPA

Top 25% average package

INR 10.41 LPA

INR 8.34 LPA

INR 8.43 LPA

Placement rate

99%

99%

99%

Note: Placements 2022 and 2023 data are sourced from older reports, which are no longer available on the official website.

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Q:   What is the highest package offered at IBS Kolkata?

A: 

The highest package offered during IBS Kolkata placements 2024 stood at INR 10 LPA. Further, the highest salary trends witnessed during IBS Kolkata over the past three years are presented below:

Particulars

Placement Statistics (2022)

Placement Statistics (2023)

Placement Statistics (2024)

Highest package

INR 12 LPA

INR 8.5 LPA

INR 10 LPA

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qna

IBS Kolkata

Student Forum

chatAnything you would want to ask experts?
Write here...

Answered 2 months ago

The highest salary package offered in IBS Kolkata MBA placements 2024, was INR 10 LPA. It is important to note that the average salary of the top 10% of students placed was close to INR 8.77 LPA, which means a lot of students were offered similar salary packages offered as the highest salary package

...more

A

Aayush Sharma

Contributor-Level 10

Answered 2 months ago

According to the university website, top recruiters at IBS Kolkata MBA Placements 2024 were ICICI Bank, Deloitte Tax Services, TATA AIG, Axis Bank, Kotak Mahindra, etc. In the placement round 2024 99% of the students got placed and these companies emerged as the top companies for those students.

In t

...more

A

Aayush Sharma

Contributor-Level 10

Answered 2 months ago

The IBS Kolkata MBA programme has a tuition fee of INR 9.11 lakh. Comparing it to the placement figures of 2024, the MBA programme secured an average salary of INR 6.7 LPA. Even if a student is placed in the top 10% of salary packages, still the average salary package is around INR 8.77 LPA.

This mea

...more

A

Aayush Sharma

Contributor-Level 10

Answered 5 months ago

{Source: MBA/PGDM students & alumni}

Effectiveness of Placement Cell for MBA/PGDM Programs at IBS Kolkata

The placement cell at IBS Kolkata has been effective in providing 100% placements to its students, with a majority of them securing lucrative offers from top-notch companies. Here are some key hi

...more

A

Atul Mishra

Beginner-Level 1

Answered 9 months ago

ICFAI Business School (IBS) in Kolkata has a strong placement record. According to the records, 21 students have received the highest international package of INR 59.19 LPA and over 3,000 students have received the highest national package of INR 21.00 LPA from over 1,000 companies. 
 
IBS Kolkata's

...more

D

Darshan Yadav

Contributor-Level 7

Content authored by:

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Krishnendu Chatterjee

Updated on Jul 15, 2024