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ICFAI University Jharkhand Placements 2023: Average Package, Highest Package, Top Recruiters

  • Private University
  • Estd. 2009

ICFAI University Jharkhand Placement overview

As per the official website, the institute has concluded its placement drive of 2022. The highest package offered to UG, BTech, and MBA students during ICFAI University Jharkhand placements 2022 stood at INR 6 LPA, INR 8 LPA, and INR 10 LPA. Further, the lowest package offered was INR 6 LPA, INR 8 LPA, and INR 10 LPA, respectively. Prominent recruiters who participated include Capgemini, Infosys, IDFC Bank, Wipro, etc.

ICFAI University Jharkhand Placements 2022: Highlights

Some of the prominent highlights around ICFAI University Jharkhand placements 2022 are as follows:

Particulars Placement Statistics (2022)
Highest package

INR 6 LPA (UG)

INR 8 LPA (BTech)

INR 10 LPA (MBA)

Lowest package

INR 6 LPA (UG)

INR 8 LPA (BTech)

INR 10 LPA (MBA)

Prominent recruiters Capgemini, Infosys, IDFC Bank, Wipro

NOTE: Above placements's data year is not given on the official website. However, it is assumed to be the 2022 placement data.

ICFAI University Jharkhand Company-Wise Job Profiles 2020

A total of 19 companies visited the campus of ICFAI University Jharkhand offering varied roles to the students across all courses. A company-wise list of job profiles offered to the students during placements 2020 is as follows:

Company Name

Job Profile Offered

Concentrix

Executive

V Mart 

Management Trainee –Retail  Store Operation

HDFC Mutual Fund

Client Services

ASSOCHAM

Assistant Manager

iB Arts Pvt. Ltd.

Web Developer

Extramarks Education India 

Business Development Executive (BDE)

IFFCO Tokio General Insurance Company Limited

Branch Manager 

WIPRO Technologies

Work Integrated Learning Programmes (WILP) – WASE & WIMS

Sabse Sasta Dukaan

Business Development Executive

Kotak Mahindra Bank

Relationship Officer

Bajaj Allianz Life Insurance

Sr Relationship Manager

Kotak Securities

Assistant Manager

Lightwave Consultants

Executive - HR

Lido Learning

Relationship Officer

Teleperformance

Customer Support Executive

Genpact 

Customer Support Executive

Inland Power Ltd.

Trainee

Hewlett Packard Enterprise

Trainee

DigiTrand Softech Pvt Ltd

Software Developer, Sales officer 

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Latest students’ reviews on ICFAI University Jharkhand

Q. How are the placements of ICFAI University Jharkhand?

Q. What is the highest salary offered to the students of ICFAI University Jharkhand?

Q. What are the major job roles offered at ICFAI University Jharkhand?

Q. What are the trends seen in the placements at ICFAI University Jharkhand?

Q. Who are the major recruiters at ICFAI University Jharkhand?

Q. What is the highest salary offered to BTech students at ICFAI University Jharkhand?

Q. How many companies participated in the recruitment drive of at ICFAI University Jharkhand?

ICFAI University Jharkhand Placements FAQs

A. As per the verified reviews published on Shiksha, approximately 90% of students receive placement opportunities every year. Also, the training and placement cell offers opportunities for summer placements in companies, such as L&T, HDFC, NABARD Decathlon and SBI Mutual Fund, among others.

A. The highest salary offered at ICFAI University Jharkhand during final placements 2020 was Rs 67,000 per month.

A. Some of the key job profiles offered during final placements 2020 at ICFAI University Jharkhand include Executive, Management Trainee (Retail Store Operation), Client Services, Assistant Manager, Web Developer, Business Development Executive (BDE) and Branch Manager, among others.

A. As per the official report of ICFAI University Jharkhand for the past three recruitment drives, i.e. for the year 2020, 2019 and 2018, the highest salary for MBA saw a steep 60% jump in 2019 compared to 2018 while it witnessed a 16% decline during 2020 placements compared to 2019. In addition to this, the total number of recruiters visiting the university also saw a 40% downfall during 2020 compared to 2019.

A. Some of the major recruiters that visited ICFAI University Jharkhand during 2020 placements include Concentrix, Wipro, Kotak Mahindra Bank, Bajaj Allianz Life Insurance and Hewlett Packard Enterprise, among others.

A. The highest salary offered to BTech students at ICFAI University Jharkhand was Rs 50,000 per month.

A. During 2020 placements, a total of 19 companies participated in the recruitment drive which was 40% low as compared to 2019.  

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(24 students)

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ICFAI University Jharkhand
Average packages & top recruiters 2025

Top Recruiters

ASSOCHAM
Concentrix
HDFC Bank
ITC
Jaro Education
Reliance Jio
Pantaloon
Tech Mahindra
ICICI
Axis Bank
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Insights on Placements

Based on 11 Student Responses
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Internships and industry projects

Students can work with faculty on research projects

Review Insights Star Icon
Internships and industry projects

Offered every semester

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ICFAI University Jharkhand
Course placements 2023

CourseAverage salaryMedian SalaryHighest Salary
B.Tech. in Computer Science and Engineering
-/-
INR 3.00 Lakh
INR 6.00 Lakh
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ICFAI University Jharkhand
Students Ratings & Reviews

3.7/5
Verified Icon24 Verified ReviewsInfo Icon
Placement Review IconPlacements3.6
Infrastructure Review IconInfrastructure3.3
Faculty Review IconFaculty & Course4.3
Crowd Review IconCampus Life3.5
Money Review IconValue for Money4
What students say about The ICFAI University, Jharkhand
Placements
Infrastructure
Faculty
Other
LikesView All
Extramarks, byjus, esaf bank is the top recruiter's University also arranges different companies for placement.
Based on 10 Reviews
A
Ankush Kumar Pandey Verified Icon
B.Tech. in Computer Science and Engineering - Batch of 2021
3.6
4Placements3Infrastructure4Faculty3Crowd & Campus Life4Value for Money
I am satisfied with this college.
Placements: In our college, almost 7 out of 10 students are placed. The highest salary package offered is 6.2 LPA and the lowest salary package offered is 2.5 LPA. Top recruiting companies like Extramarks, Wipro, etc., visit our campus. Students need to find internship companies themselves. The top role offered was data scientist.
Infrastructure: Our college provides good facilities and infrastructure. Wi-Fi is available. Many books are available in the library. The hostel facilities are not available. A canteen is available. Sports and games facilities are not available.
Faculty: Our teachers are helpful, well-qualified, and knowledgeable. The examination system is excellent and very competitive. The pass percentage is 30%.
Other: I chose this course because it is highly demanding, and one can pursue a good career with this specific course. The college has good environment. Our college organises many events. Seminars are conducted for the development of students' careers. Scholarships are provided.
Reviewed on 6 Jul 2023Read More
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N
Nancy Palak Verified Icon
Bachelor of Business Administration (BBA) - Batch of 2023
4.2
4Placements3Infrastructure5Faculty5Crowd & Campus Life4Value for Money
I am satisfied with the college because of its faculty members and learning.
Placements: Almost 90percent of students got placed. Average package 4 LPA. 100 percent of students got internships. Extramarks, byjus, esaf bank is the top recruiter's University also arranges different companies for placement. Roles offered are business development executive, sales manager, accounting manager, etc.
Infrastructure: Infrastructure is good, properly cleaned, and managed with chairs and desks. The college has different labs for every department with well-equipped advanced machines, and labs and arranges industrial visits on time. College organizes seminars and webinars for students' career development.
Faculty: Teachers are very helpful and supportive. Course curriculums are well organized and universities have a big collection of reference books. Semester exams are conducted on time and have a good level of questions if you are attending class then you can score good marks and perform well in exams.
Other: The scholarship is available as per your performance in the semester exam.
Reviewed on 3 Aug 2022Read More
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N
Navya Priya Verified Icon
Bachelor of Business Administration (BBA) - Batch of 2025
4
4Placements3Infrastructure5Faculty3Crowd & Campus Life5Value for Money
Overall, a good choice for students.
Placements: Most of the students get placed in our college if they take the placement period seriously. The lowest package was 2.5 lacs, whereas the highest package was 6 lacs CTC. The top recruiting companies are TCS, Bajaj Finance, Aditya Birla, Bluestone and many more. Internships are mandatory at our college and the college itself provides them for us. Internal internships in the first year and external internships in the second. Top roles offered in my course are sales executive, stock manager, store manager, etc.
Infrastructure: The infrastructure is not so good but the college is now in construction so we hope for the best. Other than that, there is Wi-Fi on our campus, a canteen, 3 computer labs and many more things for student comfort. The college does not own a hostel as of now.
Faculty: The teachers here are extremely highly qualified and have experience spanning more than 20 years. They are a good mentor and a guide for you. This university is very good for exposure; it gives you many opportunities to excel practically. The difficulty level is moderate to high.
Reviewed on 22 Feb 2024Read More
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K
Karini Deepika Verified Icon
Bachelor of Business Administration (BBA) - Batch of 2021
3.8
3Placements4Infrastructure4Faculty4Crowd & Campus Life4Value for Money
Our university is the best.
Placements: Internship opportunity was great. Companies like Shriram Life Insurance, Larsen & Toubro, and Decathlon visited to take students for internships. The job opportunity was prestigious. University has an active placement cell that is responsible for organising placement drives every year. Students receive placement opportunities from various reputed companies like Wipro, TCS, Tech Mahindra, Reliance, etc.
Infrastructure: College infrastructure is very well maintained with good care. Classrooms are well-equipped with smart classes, benches, and podiums. We have a well-furnished library with all the latest books and journals. There are several labs for B.Tech.
Faculty: The faculty is highly-qualified. They teach the best, easy, and simple way of studying and also motivate us a lot. They teach by relating real-life stories. Most of the classes were more practical than theoretical.
Other: Annual fests are organised every year on our campus. There are many events which are organised mainly for educational purposes. Students are organising various kinds of activities like a Blood-donation camp, debate, skits, etc. Teachers day is organised for college and parents are also greeted for a good relationship with students.
Reviewed on 4 Jul 2022Read More
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A
Akanksha Kumari Verified Icon
Master of Business Administration (MBA) - Batch of 2022
5
5Placements5Infrastructure5Faculty5Crowd & Campus Life5Value for Money
It gives a great learning experience and it has great infrastructure.
Placements: The overall percentage of students placed in MBA is around 90%, with the rest choosing higher studies. The highest package was approximately 10 LPA and the lowest was around 3 LPA. The Top recruiters are IDFC, Reliance, Byzu's, Extramarks, LIC, CII, and many more. Top roles offered in the course were management trainee, human resource executive, etc.
Infrastructure: The college has a centrally air-conditioned and fully equipped auditorium with a seating capacity of over 750 people. The college takes pride in being a differently abled-friendly campus with new ramps. The college has various facilities to address the reading, hearing, and understanding requirements of multiple students. ICFAI has excellent classrooms and labs.
Faculty: Faculty members were helpful. The course curriculum is relevant and makes students industry-ready. Exams are tough. The academic quality of this Institute is magnificent since all the faculty is very friendly and focused on studies. The curriculum is updated and includes all the recent developments in the marketing field. Exams are held twice a semester.
Other: Campus life is just amazing here where we can live our life to the fullest. Many competitions like poster making, slogan writing, drawing, recitation, dancing, singing, and quiz competitions are held.
Reviewed on 3 Jul 2022Read More
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P
Priyanshu Verified Icon
BBA LL.B. (Hons.) - Batch of 2026
4
3Placements3Infrastructure5Faculty4Crowd & Campus Life5Value for Money
A value for money college for law aspirants.
Placements: Last year only a few students were placed in the BBA LL.B. program; the same goes with other programs as well, but in the MBA program the number of students placed was comparatively higher than other programs. The highest package was around 6 LPA, and the average package goes up to 3-3.5 LPA. The internship program of the university is very good. I myself have completed my internship from various places, like one month of internship under a judicial magistrate in the civil courts of Ranchi, then 1 month of internship in central coal fields as a legal researcher, and then two months of internship under a prominent advocate of Jharkhand High Court.
Infrastructure: There is no hostel facility available; you can stay in PG as many places in that locality allow that. The infrastructure is not that good; there's one building with 3 floors (2+1); the parking is also very crowded, but the library has a variety of books ranging from all the best authors and publication houses. The library has seating available with good connectivity of Wi-Fi. The college provides Wi-Fi connectivity in all the places of the campus.
Faculty: In this aspect, according to me, the college is one of the best college for pursuing A law degree, as the faculty members are well versed with their courses. Many of them are Ph.D. holders in their respective fields. The faculty members are quite knowledgeable in all the subjects of law. They make the students industry-ready as they offer many skill-based courses toolike moot court, parliament competition, etc. The exams happen 4 times in an academic year, like in a semester there will be a midterm examination and an endterm examination whose difficult level is above average. The passing grade is 4.5 GPA.
Other: I chose this course because it is value for money; at this price point, no other college can offer what ICFAI University has to offer in terms of study and internship. The teachers are very helpful.
Reviewed on 8 Sep 2024Read More
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ICFAI University Jharkhand Placement FAQs

Q:   What was the highest package offered at ICFAI University Jharkhand?

A: 

The highest package offered at ICFAI University Jharkhand during placements in 2022 was INR 10 LPA for MBA students, INR 6 LPA for UG students, INR 8 LPA for BTech students.

  • the highest package for MBA students: INR 10 LPA (most consistent information) and INR 11 LPA (according to one placement report.
  • the highest package for B.Tech students: INR 8 LPA.
  • the highest package for UG (BBA, BCA, BCom) students: INR 6 LPA.

ICFAI University Jharkhand is known for its placements, with a high percentage of students getting placed in reputed companies.

The average annual package for placements is around IN 7 LPA.

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Q:   Does ICFAI University Jharkhand offer better placements than CIT Ranchi?

A: 

ICFAI University Jharkhand and CIT Ranchi are both well-known educational institutions in Jharkhand, and both offer good placement opportunities for their students. Here's a comparison of their placement scenarios:

ICFAI University Jharkhand:

  • Offers higher packages for MBA students, with the highest package being INR 10 LPA.
  • Has a high percentage of students getting placed in reputed companies.
  • Provides internship opportunities to all students from the first year itself.
  • Some of the top recruiters include TCS, Infosys, Cognizant, Hindustan Unilever Limited, Bank of India, Arithma, Wipro, Vodafone, Usha Martin, SBI, Tevatron Technologies, SBI Mutual Fund, and many others.

CIT Ranchi:

  • Offers a lower average salary compared to ICFAI University Jharkhand.
  • The highest package known is 15 LPA.
  • Provides internship opportunities through Internshala.
  • Some of the top recruiters include Wipro, Cognizant, and Byju.

While both institutions have good placement records, ICFAI University Jharkhand seems to offer higher packages and a wider range of top recruiters. However, it's essential to consider that the placement scenario may vary from year to year.

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Q:   Who are the top recruiters of ICFAI University Jharkhand?

A: 

The top recruiters of ICFAI University Jharkhand include companies such as TCS, Infosys, Cognizant, Hindustan Unilever Limited, Bank of India, Arithma, Wipro, Vodafone, Usha Martin, SBI, Tevatron Technologies, SBI Mutual Fund, and many others.

These companies have been actively participating in the campus placement drives, offering roles in various domains to the university's students.

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Q:   What are the career prospects after completing B.Tech from ICFAI University Jharkhand?

A: 

After completing B.Tech from ICFAI University Jharkhand, students have abundant career opportunities in various sectors. Some of the potential career prospects include:

  • Information Technology (IT) Sector: B.Tech graduates can pursue careers in the IT industry, including software development, programming, and IT consulting roles.
  • Manufacturing Companies: There are opportunities for B.Tech graduates in the manufacturing sector, including roles in production, quality control, and process improvement.
  • Corporate Sector: Graduates can explore job opportunities in corporate organizations, particularly in roles related to project management, operations, and technical consulting.
  • Entrepreneurship: B.Tech graduates also have the option to become entrepreneurs and start their own ventures in technology, manufacturing, or related fields.
  • Higher Studies: Pursuing higher studies, such as an M.Tech or MBA, is another viable option for B.Tech graduates looking to further their education and enhance their career prospects.
  • Additionally, B.Tech graduates from ICFAI University Jharkhand can also consider opportunities in sectors such as banking, finance, and research, depending on their interests and specializations.

It's important for students to stay updated with the latest industry trends and job opportunities to make informed decisions about their careers.

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ICFAI University Jharkhand

Student Forum

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

Answered 5 months ago

{Source: MBA/PGDM students & alumni}

Placement Cell Performance

Based on the feedback from current students and alumni, here's an overview of the placement cell's performance:

* Decent Salary Package: Freshers can expect a decent salary package ranging from INR2 LPA to INR7 LPA.
* Variety of Recruiters

...more

A

Atul Mishra

Beginner-Level 1

Answered 5 months ago

{Source: BBA students & alumni}

Success of Placement Cell in Securing Jobs for BBA Students at ICFAI University Jharkhand

Based on the feedback from students and alumni, here's an overview of the success of the placement cell in securing jobs for BBA students at ICFAI University Jharkhand:

Placement S

...more

A

Atul Mishra

Beginner-Level 1

Answered 10 months ago

MBA placements at ICFAI University Jharkhand are quite promising, with a high percentage of students securing placements in reputable companies. The university's emphasis on assisting students in securing suitable placements is evident from the participation of numerous top companies like IDFC, Reli

...more

V

Vartika Pundir

Contributor-Level 10

Answered 10 months ago

The average package for B.Tech students at ICFAI University Jharkhand is INR 4.6 LPA (lakh per annum ). 

P

Priyanshi Gupta

Contributor-Level 9

Answered a year ago

It depends on individual interests and career goals. The university offers B.Tech programs in Civil Engineering, Computer Science & Engineering, Mechanical Engineering, Mining, and Data Science & AI.

The university has received positive reviews for its infrastructure, facilities, and faculty. The cam

...more

S

Sharad Kushwah

Contributor-Level 6

Content authored by:

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Mani Khanna

Updated on Jan 11, 2024

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Contact Information

Address

Plot No. 2065, Daladali Chowk, Simalia, Near Ring Road
Ranchi ( Jharkhand)

Phone
9714954099

(For general query)

7257004501

(For admission query)

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