IFMR Graduate School of Business releases the placement report for the MBA Batch 2017-19. Highest annual remuneration offered is INR 18.8 Lac while average pay package is INR 8.67 Lac.
Last year the average CTC offered was INR 8.3 lacs per annum. Incidentally, this is the 1st batch of outgoing students who are being awarded MBA degree from IFMR GSB, KREA University. Earlier, IFMR used to offer PGDM programs.
Profile offers by the recruiters are Quantitative finance, Research Analyst, Financial Modeling, Sales, relationship Management, Wealth manager, Credit Rating, Risk financial Modeling & research and many others. Top Recruiters are REC, CRISIL, Credit Suisse, J P Morgan Chase and Co, HSBC, Deloitte, KPMG, HDFC Bank, CITI Bank, Standard Charted and Many others.
Summer placements for the batch 2017-19 is also reported to go well, with highest stipend offers of INR 1 Lac and average stipend offered is INR 32000 for the 2 month period. Total 45 companies participated in the summer placement. Top recruiters are Morgan Stanley, Deloitte, HSBC Bank, CRISIL, EY, JLL, HDFC Bank, J P Morgan Chase and Co, REC, Spark Capital, SBI Cap, Radio city, Federal bank among others. Morgan Stanley, Deloitte and Royal Bank of Scotland offered stipend of INR One lac.
Established in 1970 as a not-for-profit society, IFMR is now known as IFMR Graduate School of Business under KREA University. This announcement was made by Dr. V Anantha Nageswaran earlier, who has taken over as the Dean of the premiere business school of India.
IFMR GSB currently offers full-time MBA program in Finance, Marketing, IT & Operations, HR, and Quantitative Finance, with additional specializations in Banking Financial Services and Insurance (BFSI) & Data Sciences (Business Analytics), PhD programme and open and customized management development programmes (MDPs). The pedagogy offers a mix of classroom and industry exposure.