ICFAI Business School Mumbai Powai Answered Questions

Yes, all the campuses of IBS including IBS Mumbai have an extremely active common placement cell known as the Career Management Centre that acts as a mediator at all campuses, individually. It focuses on training students from time to time to be well-rounded professionals. Moreover, it organises various activities such as guest lectures, pre-placement talks, and workshops for the all-around development of its students.

The topmost recruiters at IBS Mumbai that participated in the final placements include HDFC Bank, MyGate, ICICI Bank, IDFC First Bank, ICICI Securities, Deloitte Tax Services, TCS, Federal Bank, JM Financials, NoBroker.com, Kotak Mahindra Bank, BlackRock Services, SS&C Globeop financial services, and various other companies.

The average package offered during IBS Mumbai PGPM placements 2023 stood at INR 8.17 LPA. Further, an improving trend was witnessed in the average package offered over the past three years during IBS Mumbai PGPM placements, which is presented below:The average salary trends witnessed during IBS Mumbai PGPM placements over the past three years are presented below:Particulars PGPM Placement Statistics (2021)PGPM Placement Statistics (2022)PGPM Placement Statistics (2023)Average packageINR 6.83 LPAINR 7.14 LPAINR 8.17 LPATop 10% average packageINR 10.33 LPAINR 12.18 LPAINR 13.3 LPATop 25% average packageINR 8.88 LPAINR 9.69 LPAINR 11.01 LPANote: Placements 2022 data is taken from older report, which is no longer available in the official website. Further, placement 2021 data is taken from the older report as well that is updated till Feb 15, 2021.

The highest domestic and international package offered over the past three years during IBS Mumbai placements is presented below:Particulars Placement Statistics (2022)Placement Statistics (2023)Placement Statistics (2024)Highest domestic packageINR 15 LPAINR 18.8 LPAINR 20 LPAHighest international packageINR 53.45 LPAINR 11.13 LPAINR 18 LPA

According to data gathered from unofficial sources, Business Development domain has placed the most number pf IBS Mumbai students. The domain-wise IBS Mumbai alumni placement statistics are presented below:Note: The “Others” category includes the domains of Operations, Education, Human Resources, Information Technology, Research, Consulting, Accounting, Customer Success and Support, Product Management, Program and Project Management and Media and Communication.The above-mentioned alumni data is gathered from unofficial sources and hence may vary.

Students can refer the table below for details on campus-wise salary data and placement rate in order to figure out the best IBS campus in terms of placements:  IBS Campus NameHighest Package (2024)Average Package (2024)Placement Rate (2024)IBS MumbaiINR 20 LPA (Domestic)INR 18 LPA (International)INR 8.03 LPA98%IBS HyderabadINR 21 LPA (Domestic)INR 9.71 LPA94%IBS KolkataINR 10 LPA (Domestic)INR 6.7 LPA99%IBS PuneINR 12 LPA (Domestic)INR 7.59 LPA99%IBS JaipurINR 10.5 LPA (Domestic)INR 20.5 LPA (International)INR 7.27 LPA99%IBS GurgaonINR 26.19 LPA (Domestic)INR 7.48 LPA95%IBS DehradunINR 13 LPA (Domestic)INR 36.76 LPA (International)INR 6.53 LPA94%IBS AhmedabadINR 12 LPA (Domestic)INR 7.79 LPA98%IBS BangaloreINR 11.49 LPA (Domestic)INR 13.5 LPA (International)INR 7.41 LPA93%

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 Services30%Banking15%IT/ITES14%Consulting10%Insurance8%Infra/Telecom/Real Estate5%FMCG / Retail4%Manufacturing/Construction4%Media & Research2%Hospitality/Tourism2%Education1%E-Commerce1%Other Services4%Note: The sector-wise placement distribution data presented above is the overall data of all the IBS campuses.

No, IBS Mumbai is an individual college. ICFAI Mumbai has also been rated as ‘A+’ by Business India and ‘A4’ by Business Standard. ICFAI Business School (IBS) Mumbai is one of the leading private B-schools in the country. While IBS Mumbai and IBS Hyderabad are both affiliated withICFAI, they are two separate institutions. IBS Mumbai is an independent professional institution, while IBS Hyderabad is a constituent of a deemed university.