IFMR Graduate school of Business, KREA University (IFMR GSB), Sricity
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IFMR Krea University Placements 2024: Average Package, Highest Package, Top Companies

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  • Estd. 1970
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IFMR Krea University Placement overview

What’s new at IFMR Graduate School of Business placements 2024? IFMR has concluded the placements for its MBA Cohort of 2022-2024. As per the latest report, nearly 100% of the MBA batch 2024 was placed in reputed global and Indian Consulting, Finance, and Technology companies. The highest and average package offered during IFMR placements in 2024 stood at INR 21.74 LPA and INR 13.04 LPA, respectively. The top recruiters of IFMR Chennai placements in 2024 included Barclays, Deloitte, Wells Fargo, EY, HSBC India, Morgan Stanley, NOMURA, TVS NEXT, Societe Generale, Axis Bank, Cognizant, Accenture, JPMC, etc.

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IFMR Placements Report 2024: Highlights

During the IFMR placements 2024, nearly 100% of the MBA batch 2024 was placed in reputed companies. The key highlights of IFMR placements for the Class of 2023 and 2024 are tabulated below:

Particulars

Placement Statistics (2023)

Placement Statistics (2024)

Highest package

INR 22.90 LPA

INR 21.74 LPA

Average package

INR 13.50 LPA

INR 13.04 LPA

Median package

INR 11.09 LPA

INR 13.06 LPA

Placement rate

100%

nearly 100%

Total recruiters

55

70

New recruiters

14

12

PPOs offered

30

23

IFMR Placements Report 2024: Highlights

Read more: IFMR Admission Process

IFMR Average Package 2024

The IFMR average package offered during the 2024 placements stood at INR 13.04 LPA. The IFMR average package offered to the top 10%, 25%, and 50% of students during IFMR placements 2024 is tabulated below:

Particulars

Placement Statistics (2024)

Average package (overall)

INR 13.04 LPA

Top 10% average package

INR 18.93 LPA

Top 25% average package

INR 16.40 LPA

Top 50% average package

INR 14.86 LPA

Coming to the IFMR average package trends, a fluctuating trend was observed in the average package during IFMR placements between 2022 and 2024. Let's take a look at the graph below for a clear understanding:

IFMR Average Package

The IFMR Chennai average package trends witnessed during IFMR placements between 2022 and 2024 are presented below: 

Particulars

Placement Statistics (2022)

Placement Statistics (2023)

Placement Statistics (2024)

Average package

INR 11.21 LPA

INR 13.5 LPA

INR 13.04 LPA

Download: IFMR Placement Report 2024

IFMR Placement 2024: Top Recruiters

Some of the prominent recruiters who visited the IFMR Chennai during the 2024 placement drive are listed in the table below:

IFMR Chennai Top Recruiters

Barclays

Deloitte

Accenture

Infosys

Amazon

HCL

Morgan Stanley

HDFC Bank

HSBC India

Quick links:

Students’ reviews on IFMR

Compare IFMR with other Institutes

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3.9icon

(98 students)

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IFMR Krea University
Average packages & top recruiters 2024

Top Recruiters

Federal Bank
HDFC Bank
HSBC
Kotak Mahindra Bank
Marico
Morgan Stanley
Reserve Bank of India
RBS (Royal Bank of Scotland)
REC
Reuters
StandardChartered
Accenture
Bajaj Finserv
Cognizant
The World Bank
Deloitte
Wells Fargo
JP Morgan Chase
Wipro
IDFC
Societe Generale
HCL
Samunnati
ICICI
CRISIL
Infosys
Ernst & Young
Credit Suisse
Bank of America
pwc
KPMG
Philips India
Genpact
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IFMR Krea University
Course placements 2023

CourseAverage salaryMedian SalaryHighest Salary
Master of Business Administration (MBA)
INR 13.04 Lakh
INR 13.10 Lakh
INR 21.74 Lakh
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IFMR Krea University
Students Ratings & Reviews

4/5
Verified Icon98 Verified ReviewsInfo Icon
Placement Review IconPlacements3.9
Infrastructure Review IconInfrastructure3.9
Faculty Review IconFaculty & Course4.2
Crowd Review IconCampus Life4
Money Review IconValue for Money3.9
What students say about IFMR Graduate school of Business, KREA University (IFMR GSB), Sricity
Placements
Infrastructure
Faculty
Other
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Some of the main recruiters are HSBC, JPMC, Deloitte, KPMG, CRISIL, CARE Ratings, ANZ, Standard Charter and IT companies like INFOSYS, WIPRO, Accenture, Capgemini etc.
Based on 38 Reviews
A
Agnik chatterjee Verified Icon
Master of Business Administration (MBA) - Batch of 2020
4.2
4Placements4Infrastructure5Faculty4Crowd & Campus Life4Value for Money
Best facility providing MBA college.
Placements: The college placements are good but the packages are low. The average package offered is 2.5 Lacs and the highest is 11 Lacs. Accenture, Genpact, EXL, etc. hire many students. Accenture hires for test analyst profile, Genpact for business analyst, and EXL for consultant profile. Mostly Tech companies recruit students. 70% students got placed in our batch, but the internships are very low with most of them being unpaid and useless.
Infrastructure: The University infrastructure is modern having the latest technologies. The classrooms, benches, and library all are modern in design, the benches are colorful. Wi-Fi is available but it’s speed is less. Hostel facilities are provided in the college campus having a bed, a cupboard and a table for the students in sharing rooms. Washrooms are cleaned time to time. Both indoor and outdoor sports are played.
Faculty: The teachers are good but mostly English is used for teaching. There are 9 members for our branch of 50 students keeping an eye on each student. The teachers are funny, they crack jokes during the teaching so we do not feel bored in the lectures. The course curriculum mainly makes us an analyst in all analysis tools which are in the syllabus like advance excel, Tableau, power Bi, etc. The semester exams are for a total 100 marks, 70/30 is the pattern of the University. Exams difficulty level is medium.
Other: College campus and facilities are very good.
Reviewed on 19 May 2024Read More
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A
AnonymousVerified Icon
Integrated BBA+MBA - Batch of 2028
4.4
4Placements4Infrastructure5Faculty5Crowd & Campus Life4Value for Money
Altogether, I would say that the college is amazing and offers a lot of opportunities.
Placements: Since we are the first batch of IFMR's integrated course, it cannot be calculated as to how many students were placed. As per the data of 2023, our highest package was 22. 90 LPA with an average package of 13.50 LPA. Top recruiting companies are Barclays, Deloitte, EY, Morgan, Stanley and Well fargo. All the students got internships. The top roles offered are that of global risk analysis, wealth management, and strategy consultant.
Infrastructure: There is Wi-Fi available across the campus. There are various labs and many good sized and well maintained classrooms in the college. There is also a huge library. We have ample of facilities available in our hostels and the quality of food is average, but there are many food joints within the campus which serve delicious food. There is a 24 hours health center within the college with an ambulance for emergencies. We have badminton courts, football ground, volleyball court, etc.
Faculty: All the teachers are well qualified and immensely helpful. They have an extreme level of knowledge and have amazing communication skills. The course is set with precision and it definitely makes the students industry ready. The exams are moderately difficult. The difficulty level varies from person to person but in my opinion, it is not very difficult.
Reviewed on 6 May 2024Read More
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A
Ayush mishra Verified Icon
Master of Business Administration (MBA) - Batch of 2023
4.2
4Placements3Infrastructure5Faculty4Crowd & Campus Life5Value for Money
The best college of my life and career.
Placements: The placement offered by our college is so good, as in the last semester students are eligible for placement opportunity as many of the top-reputed companies in the world visited our college for placement, some of which are Infosys, Infotech, Cognizant, TCS, Amazon, etc. As there were 150+ companies visiting our college for placement activities, the students were getting a higher position in the reputed company with an average package of 9 lacs, with the highest going to 25 lacs per annum .
Infrastructure: The hostel facility of our college is so good, as we have a secure hostel campus where no one can enter or go out without the permission of hostel staff. The rooms of our hostel are also good, as every student has their own personal room. The room has decent facilities to live in, as we have a mess facility, and we also get healthy and hygienic food to eat.
Faculty: The course of MBA is so good as I obtained it because I am in the commerce field. Our college has the best teaching environment because of our teacher, who is so polite and humble. Also, if I talk about the qualifications of teachers, all the faculty are well experienced in there field, as some are Ph.D. holders. Also, at the end of every semester, we have our examination .
Reviewed on 21 Dec 2023Read More
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T
Tushar Saxena Verified Icon
Master of Business Administration (MBA) - Batch of 2020
4.2
5Placements3Infrastructure4Faculty5Crowd & Campus Life4Value for Money
Very best faculty is provided by the college.
Placements: Bajaj, ICICI Bank, etc. companies come for the placement. The highest package is up to 10 lacs, and the average package is 2 lacs. 50% of students get jobs through placement. I also got placed in ICICI Bank but I did not like that, so I didn't join it.
Infrastructure: The hostel infrastructure is very nicely designed and the rooms are well maintained. The hostel rooms are equipped with good-quality beds, almirahs, and study tables. The hostel mess food is good and properly cooked. The hostel's security is very good and strict. The wardens are friendly and behave in a well-mannered way. The hostel has 24 hours of water and power supply. Hostel Fee: INR 35,000 per year.
Faculty: The course is really to the point and mostly they are all more concerned with practical exposure than theoretical knowledge. I chose finance as my core specialisation as I am from a CA background, and I really love to analyze data. Excel is my cup of tea, and I also love doing work in Excel and other Microsoft Office. Class size;-66 The course costs INR 1345000 per year.
Reviewed on 3 Dec 2023Read More
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A
Ayush mishra Verified Icon
Master of Business Administration (MBA) - Batch of 2023
4.2
5Placements4Infrastructure3Faculty5Crowd & Campus Life4Value for Money
The college provides all the facilities for their students.
Placements: The placement of the college is good as there are numerous numbers of companies coming in for recruitment every year along the hour for different profiles and different positions. The recruiting companies are Deloitte, Verity, Protiviti, and Berkadia. 98% of the entire batch gets placed, and the rest is chosen for further studies.
Infrastructure: The hostel facility is good as far as the feels are concerned but I think more hostels should be made on the campus as there are many students who have not gotten admission to any hostel. They are staying outside the campus in PGs and their cost of living is not as low as it is in Pune. There is only one mess in the hostel and the quality of the food is average. We get non-vegetarian meals once a week. But it is good, as mess charges are not so high. One full late meal costs you? 40 and it is more than sufficient. The locality outside is urban and IT-oriented. So many students have to live 5 km away from the university to get a good PG. But transportation is very good. Hostel Fee: INR 6,000 per year.
Faculty: I chose this course for a master's degree and to enhance my knowledge and skills in the corporate sector. Faculty are about 30 for a particular department and are assigned to all subjects. Qualified faculty members are present with doctorate and professor degrees. Teaching methods are very impactful on students, and they are great for any student. Term exams are two times, and midterms are two times, for a total of four times a year. It is not very difficult about the exam if you have studied well. Class size;-55 The course costs INR 405000 per year.
Reviewed on 15 Nov 2023Read More
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A
Ayush Mishra Verified Icon
Master of Business Administration (MBA) - Batch of 2023
4.2
5Placements4Infrastructure3Faculty4Crowd & Campus Life5Value for Money
Campus is Very Good.
Placements: The placement in our college is best more than 100 companies visit our college for placement. The average package is 9 Lacs and the highest goes to moral than 20 Lacs. Students ate eligible for placement from 3rd semester when companies start coming for recruitment. Companies like Deloitte, EY, Tvs, Hdfc, Icici, Birla, Reliance, Loreal, Ultratech, Verity and many more come to our college. 100% placement is guaranteed. My plans after getting a degree are to work in a very good MNC work for a decent number of years gaining proper experience in the corporate world then I would like to start my own business.
Infrastructure: The Hostel rooms are neat. Twin-sharing facilities are available. Students will have their own B.Ed almirah, study table, and bookshelf inside the room. Rooms also have AC gaser and a 24*7 water supply. Students are mandated to stay in the campus hostel. The hostel food is also moderate and the menu keeps on changing to overcome boredom. As the college is in the southern part of the country hence is a bit of inclination of the menu towards the southern side. Hostel Fee: INR 120000 per year.
Faculty: MBA intrigued me very much which is why I chose this course The course curriculum is like First Year: Core courses covering fundamentals of management like finance, marketing, human resources, operations, and strategy. Second Year: specialisation courses based on the chosen stream (e. g. , Marketing, Finance, HR, Operations. There are about 15-20 faculty members in IFMR from Iims, XIMB, and UTKAL University and most of them are Ph.D. Having 6-8 years of corporate experience. In the first year, you have to go through mid-semester and end-semester exams and in the second we have only end semesters. The level of the exam is moderate to difficult.
Reviewed on 13 Sep 2023Read More
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IFMR Krea University Placement FAQs

Q:   What is the average package of IFMR Chennai?

A: 

The IFMR average package offered during the 2024 placements stood at INR 13.04 LPA. The IFMR average package offered to the top 10%, 25%, and 50% of students during IFMR placements 2024 is tabulated below:

Particulars

Placement Statistics (2024)

Average package (overall)

INR 13.04 LPA

Top 10% average package

INR 18.93 LPA

Top 25% average package

INR 16.40 LPA

Top 50% average package

INR 14.86 LPA

Coming to the IFMR average package trends, a fluctuating trend was observed in the average package during IFMR placements between 2022 and 2024. Let's take a look at the graph below for a clear understanding:

IFMR Average Package

The IFMR Chennai average package trends witnessed during IFMR placements between 2022 and 2024 are presented below: 

Particulars

Placement Statistics (2022)

Placement Statistics (2023)

Placement Statistics (2024)

Average package

INR 11.21 LPA

INR 13.5 LPA

INR 13.04 LPA

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Q:   Where do IFMR alumni work?

A: 

As per unofficial online sources, IFMR Chennai is working in varied sectors such as Consulting, Operations, Product Management, Engineering, HR, etc. Out of all these, the majority of alumni are involved in the Finance sector. See the below infographic for sector-wise distribution of Institute for Financial Management and Research alumni:

IFMR Alumni
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Q:   Does the entire MBA batch of IFMR Chennai get placements in top companies?

A: 

Yes, IFMR has a good track record of placements. As per the latest report, nearly 100% of the MBA batch 2024 was placed in reputed global and Indian Consulting, Finance, and Technology companies. The highest and average package offered during IFMR placements in 2024 stood at INR 21.74 LPA and INR 13.04 LPA, respectively. The key highlights of IFMR placements for the Class of 2023 and 2024 are tabulated below:

Particulars

Placement Statistics (2023)

Placement Statistics (2024)

Highest package

INR 22.90 LPA

INR 21.74 LPA

Average package

INR 13.50 LPA

INR 13.04 LPA

Median package

INR 11.09 LPA

INR 13.06 LPA

Placement rate

100%

nearly 100%

Total recruiters

55

70

New recruiters

14

12

PPOs offered

30

23

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Q:   What is the highest stipend offered to the students of MBA batch 2023 at IFMR Chennai?

A: 

As per the latest report, the highest stipend offered during IFMR summer placements 2024 stood at INR 75,000 per month. The highest stipend offered during IFMR summer placements bteween 2023 and 2024 is tabulated below:

Particulars

Placement Statistics (2023)

 Placement Statistics (2024)

Highest stipend

INR 1 Lacs per month

INR 75,000 per mont

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Q:   What is the recent record of placement at IFMR? What percentage of students got placed actually? What is the status of summer internships?

A: 

As per the latest report, nearly 100% of the MBA batch 2024 was placed in reputed global and Indian Consulting, Finance, and Technology companies. The highest and average package offered during IFMR placements in 2024 stood at INR 21.74 LPA and INR 13.04 LPA, respectively. The key highlights of IFMR placements for the Class of 2023 and 2024 are tabulated below:

Particulars

Placement Statistics (2023)

Placement Statistics (2024)

Highest package

INR 22.90 LPA

INR 21.74 LPA

Average package

INR 13.50 LPA

INR 13.04 LPA

Median package

INR 11.09 LPA

INR 13.06 LPA

Placement rate

100%

nearly 100%

Total recruiters

55

70

New recruiters

14

12

PPOs offered

30

23

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Q:   How many recruiters participated at IFMR Chennai placements?

A: 

Institute for Financial Management and Research witnessed the participation of 55 recruiters in the 2024 placements. Earlier in 2023, the total number of recruiters stood at 55. The total number of recruiters participated during IFMR Chennai placements between 2022 and 2024 are tabulated below:

Particulars

Placement Statistics (2022)

Placement Statistics (2023)

Placement Statistics (2024)

Total recruiters

34

55

70

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Q:   What is the average stipend offered during the recent IFMR summer placements?

A: 

As per the latest report, the average stipend offered during IFMR summer placements 2024 stood at INR 20,000 per month. The average stipend offered during IFMR summer placements between 2023 and 2024 is tabulated below:

Particulars

Placement Statistics (2023)

Placement Statistics (2023)

Average stipend

INR 25,000 per month

INR 20,000 per month

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Q:   How many PPOs were made during IFMR placements 2023?

A: 

A total of 23 pre-placement offers were made during IFMR placements 2023. Earlier, the no. of pre-placement offers made during IFMR placements 2023 stood at 30. The total number of PPOs made between 2022 and 2024 are tabulated below:

Particulars

Placement Statistics (2022)

Placement Statistics (2023)

Placement Statistics (2024)

Total PPOs

18

30

23

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Q:   What is the highest package of IFMR Chennai?

A: 

As per the latest, the highest package offered during the 2024 placement drive of the Institute for Financial Management and Research stood at INR 21.74 LPA. Earlier in 2023, the highest package offered stood at INR 22.90 LPA. The highest package trends witnessed during IFMR placements between 2022 and 2024 are presented below: 

Particulars

Statistics (2022)

Statistics (2023)

Statistics (2024)

Highest package

INR 19.64 LPA

INR 22.90 LPA

INR 21.74 LPA

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IFMR Krea University

Student Forum

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

Answered 4 months ago

{Source: MBA/PGDM students & alumni}

Placement Cell Success Rate for MBA/PGDM Students at IFMR Krea University

Based on the statements provided by students and alumni, here's what we know about the success rate of the placement cell:

* Finance students received placements in top companies: According t

...more

A

Atul Mishra

Beginner-Level 1

Answered 8 months ago

IFMR is considered a very good college in terms of placement after the completion of the respective course. The college has a good placement record as most of the candidates got placed in highly reputed global and Indian consulting, finance and technology companies. 

The average package offered is IN

...more

A

Abhay Singh

Beginner-Level 4

Answered 8 months ago

IFMR GSB is a very reputed college for pursuing MBA because it has a placement record of more than 90 percent which is a big differentiator from other colleges offering MBA. 

The average package is also eye catching and is about INR 10 LPA. 

When talking about the highest package, INR 22.90 LPA was th

...more

A

Abhay Singh

Beginner-Level 4

Answered 11 months ago

84 students being placed in reputed global and Indian consulting, finance, and technology companies. The highest and average package offered during IFMR placements 2023 stood at INR 22.90 LPA and INR 13.50 LPA, respectively. The top recruiters of IFMR Chennai in 2023 included Barclays, Deloitte, Wel

...more

p

prakash sarvaiya

Contributor-Level 8

Answered 11 months ago

IFMR Graduate School of Business, Chennai offers a 2-year full-time BBA program with specializations in Finance, Marketing, Data Science, Operations, OB & HR.

However, the best branches offered by IFMR is Data Science, Operations, and Marketing.

The top recruiters of IFMR Chennai in 2023 included Barc

...more

S

Suraj Kumar

Beginner-Level 5

Content authored by:

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Shoaib Mehdi

Updated on Sep 18, 2024