IBS Mumbai Placements 2023: Average Package: INR 8.17 LPA & Highest Package: INR 18.80 LPA

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IBS Mumbai Placements 2023: Average Package: INR 8.17 LPA & Highest Package: INR 18.80 LPA

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Written By Aafiya Yadgir on, Jul 20, 2024

IBS Mumbai Placements 2023 is concluded with 98% placements. IBS Mumbai highest international package stood at INR 11.13 LPA while the highest domestic package stood at INR 18.80 LPA. IBS Hyderabad average package increased by about 14.4% to INR 8.17 LPA. The top 10% students received an average package of INR 13.3 LPA & the top 25% students received an average package of INR 11.01 LPA. Some of the past recruiters of IBS Mumbai are HDFC Bank, Mygate, ICICI Bank, TCS and many more.

IBS Mumbai Placements 2023 Report

Particulars Placements Statistics (2023) Placements Statistics (2022)
Students Placed 98% 98%
Highest International Salary INR 11.13 LPA INR 53.45 LPA
Highest Domestic Salary INR 18.80 LPA INR 15 LPA
Average Salary INR 8.17 LPA INR 7.14 LPA
Top 10% Average Salary INR 13.3 LPA INR 12.18 LPA
Top 25% Average Salary INR 11.01 LPA INR 9.69 LPA

Get Exclusive Placement Insights: Join IBS Mumbai Community

You can check the placement comparison of other IBS campuses in the below mentioned table:

Location Highest Package Average Package Placement Percentage
IBS Ahmedabad INR 13 LPA INR 7.30 LPA 95%
IBS Bangalore INR 12.58 LPA NR 7.42 LPA 95%
IBS Gurgaon  INR 22.93 LPA INR 7.55 LPA 95%
IBS Hyderabad INR 58.19 LPA INR 10.42 LPA 95%
IBS Pune INR 56.55 LPA INR 7.59 LPA 99%
IBS Kolkata INR 8.50 LPA INR 7.41 LPA 99%
IBS Dehradun  INR 23 LPA INR 6.39 LPA 94%
IBS Jaipur  INR 23.31 LPA INR 8.53 LPA 99%

IBS Mumbai Average Package 2023

IBS Mumbai average package stood at INR 8.17 LPA during the recent placement drive of 2023. There was an increase of about 14.4% as compared to the last year. The below table shows the year-wise average paclkage trend of IBS Mumbai:

Particulars 2023 2022 2021
Average Package INR 8.17 LPA INR 7.14 LPA INR 6.83 LPA
Top 10% Average Package INR 13.3 LPA INR 12.18 LPA INR 10.33 LPA
Top 25% Average Package INR 11.01 LPA INR 9.69 LPA INR 9.83 LPA

IBS Mumbai Average Package 2023

IBS Mumbai highest package stood at INR 18.80 LPA during the 2023 placement drive. You can check the highest package trend of IBS Mumbai in the below table:

Particulars 2023 2022 2021
Highest International Salary INR 11.13 LPA INR 53.45 LPA INR 10.64 LPA
Highest Domestic Salary INR 18.80 LPA INR 15 LPA INR 12.40 LPA

IBS Mumbai Placements 2023 Top Recruiters

HDFC Bank PwC Aditya Birla Group
ICICI Bank KPMG Oracle
Kotak Mahindra Bank Zomato Amul

IBS Mumbai Alumni Network

Name of the Organisation Number of Alumni
ICICI Bank 149
HDFC Bank 135
TCS 69
Kotak Mahindra Bank 61
Deloitte India 53
IBS Mumbai 51
JP Morgan 45
IDFC First Bank 44
Aditya Birla Sun Life Insurance 42
Yes Bank 39
ICICI Prudential Life Insurance 35
Deloitte 32
EY 31
MyGate 30
ICICI Securities 26

IBS Mumbai Placements FAQs

Ques. What sort of salary packages are offered at IBS Mumbai?

Ans. In the placement drive of 2023, the highest international CTC stood at INR 11.13 LPA and the highest domestic CTC stood at INR 18.80 LPA whereas the top 25% and 10% students received the average CTC of INR 11.01 LPA and INR 13.3 LPA respectively.

Ques. How many students are placed in the recruitment drive of 2023 at IBS Mumbai?

Ans. During the placement drive of 2023, 98% students were placed.

Ques. Which are the top recruiting companies at IBS Mumbai?

Ans. Some of the top recruiters of IBS Mumbai are HDFC Bank, Mygate, ICICI Bank, TCS and many more.

Ques. What is the average package offered to the top 25% students of IBS Mumbai at the recruitment drive of 2023?

Ans. The top 25% students received an average stipend of INR 11.01 LPA.

IBS Mumbai Highest and Average Package

Highest PackageAverage Package
20 L
8.03 L
04.0 Lakhs8.0 Lakhs12.0 Lakhs16.0 Lakhs20.0 Lakhs

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Placement Experience:

After the second semester the students are going for the internship programme and after they are gonna get the offera from the same company in which they attended for the internship if they were doing good during the said process. Highest package in the college is around 28 lakh per annum and average is around 8 lakh per annum. Around 93% students have been placed in the previous year. My plan is to secure a good job in the coperate world for some 8-10 years and to start a startup company in india.

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Ahammed Raqueeb NM
Ahammed Raqueeb NM PGPM, (Enrolled 2024) Reviewed on Jun 21, 2024
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About My IBS

4.1Helpful

Placement Experience:

The highest domestic and international packages offered by ibs Mumbai stood at 18.80 LPA and 11.13 LPA respectively. The average package of ibs Mumbai stood at 8.17 LPA. The placement record in IBS Mumbai at 2023 was 98%. Top recruiters in 2023 were companies like GOOGLE, ICICI BANK, EY INDIA, ORACLE, JP MORGAN, etc.

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Minhaj Np
Minhaj Np PGPM, (Enrolled 2024) Reviewed on Jun 20, 2024
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Placement Experience:

This college provide you with the Summer internship Programme and also final placement as this college have 95% placement rate. Frome First semester students are eligible for campus placement and intership. For Summer internship company start to come in college from July JP Morgan comes in July to select students for intership , each and every student get placed for intership in every year. Companies like JP Morgan, Morgan Stanley, EY and BNY Mellon , CSB bank , ICICI BANK etc all big companies comes to college with good stepind for intership and for final placement with good Package Highest package for 2023 was 54 LPA for international and national was 24 LPA and Profile that offered are Consultants , Business Analyst, Finan analyst, Etc Percentage of student getting placement ar 95% above

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Sameer Shaikh
Sameer Shaikh PGPM, (Enrolled 2023) Reviewed on Mar 17, 2024
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Nice very nice

4.0Helpful

Placement Experience:

From sem 3 they are eligible for final placements and highest packge is 22 lakh and avg is 7 lakh and 96 percent student get place and after degree i will do job only for 1-2yrs to gain corporate experience

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TRAVADI MURTAZA KEZARBHAI
TRAVADI MURTAZA KEZARBHAI PGPM, (Enrolled 2023) Reviewed on Dec 22, 2023
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Accurate

3.8Helpful

Placement Experience:

From 3rd semester students are eligible for campus placement. The big 4 companies also come and many more companies like Oxane, digital marveled, Tech Lip, etc. The marketing profile was offered 22 lakhs the highest and on an average package is 700000 and 99% of students get placed. Getting a good job after getting the degree.

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Yogita PGPM, (Enrolled 2023) Reviewed on Oct 31, 2023
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Placement Experience:

From the 4th semester, people become eligible for campus placements, and about 95% of the students get placed in nice companies with an average package of 8 lakhs, a total of 300 companies visit the college and give placement.

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SANKALP SINHA
SANKALP SINHA PGPM, (Enrolled 2021) Reviewed on Jan 29, 2023
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Placement Experience:

When the student enters the 2nd year they are prepared for their interviews college does help a lot to students. The month of August is when the company start to visit the campus and there are lots of companies that start to visit and they do offer a great CTC with the roles. Mostly 98% of the batch gets placed easily. There are nearly 200 companies visiting for all the specializations combined.

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Ayush Sharma PGPM, (Enrolled 2020) Reviewed on Apr 11, 2022
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MBA JOURNEY

3.9Helpful

Placement Experience:

Campus placements start from the 2nd year of the college, different companies visit campus and provide varied roles in finance, marketing, operations, etc depending on the choice of interest of the candidate they can apply to them. 7-8 lacs package average package offered by the majority of companies

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Dwiti Joshi PGPM, (Enrolled 2021) Reviewed on Jan 19, 2022
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MBA at IBS

4.0Helpful

Placement Experience:

Our placement programme begins in the third semester, and to be eligible for placement, a student must have paid all fees and have a CGPA of at least 5.5. Companies such as ITC, JPMC, ICICI, HDFC, and DHL come to our campus for placements, with the average package being 6.5 lakhs last year and the top package being 17 lakhs and over 90% of students getting placed each year.

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Aakash Agarwal PGPM, (Enrolled 2021) Reviewed on Jan 13, 2022
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Placement Experience:

IBS has its own placement cell that is in charge of every student's placement. Companies such as JPMC, Deloitte, ITC, Lodha, Blackrock, and others come to visit our university, yet only half of the students are put in prestigious companies, leaving the remainder to work in mediocre ones. Last year, the average package was 6 lakh, with the top package being 15 lakh.

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Aman Agarwal PGPM, (Enrolled 2019) Reviewed on Jan 12, 2022
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IBS Mumbai: 1 Answered Question

Which B school is better in placement offers as per job roles, IFIM Bangalore, IMI Bhubaneswar, or Kolkata or ICFAI IBS Hyderabad or Mumbai?

Gaurav YadavPGDM from IMI Kolkata (Graduated 2020)

It is important to note that when it comes to placements in tier 3 B-schools, the job profiles offered are generally similar, with a focus on sales. However, the location of the B-school can have a significant impact on the placement opportunities available to students.

In cities where there are multiple B-schools located, such as Bangalore, Hyderabad, and Mumbai, competition between schools can be high, which affects the placements available to students. In contrast, schools located in cities without significant competition, such as IMI Kolkata and IMI Bhubaneshwar, may provide more reliable and decent placement opportunities.

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IBS Mumbai Alumni Distribution by Sector

Sales 24%
Business Development 19%
Finance 11%
Education 10%
Marketing 8%

Frequently Visited Companies

Companies
Aditya Birla GroupAmazonAvery DennisonBank of America
CA TechnologiesCognizantErnst & YoungIdea Cellular
OracleWiproAxienceGoldman Sachs
GoogleHDFC BankJP MorganLarsen & Toubro Ltd.
ZinnovAmerican ExpressBajaj AutoCiti Bank
DaimlerPepsico Holdings (I) Pvt. Ltd.Lodha GroupVedanta

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