ICFAI Business School Placements 2022: Highest Salary Package & Top Recruiting Companies

ICFAI Business School Aptitude Test 2026 ( IBSAT )

Shruti
Shruti Garg
Assistant Manager- Editorial
Updated on Feb 20, 2023 15:45 IST
ICFAI Business School placement report 2022 has been released. Candidates can now check the complete details for IBS placement for eight campuses- IBS Hyderabad, IBS Jaipur, IBS Pune, IBS Dehradun, IBS Kolkata, IBS Bangalore, IBS Mumbai, IBS Ahmedabad

ICFAI Business School has released the IBS placement report for academic year 2022. Candidates can now check the placement reports for all eight campuses.

IBS Placement Report

IBS Placement Report

ICFAI Business School placement report for the academic year 2022-2023 has been released. As per the placement reports, ICFAI business School has shown progressive growth. Candidates seeking admission to IBS MBA/PGPM programme can have an overview about the placements at IBS ninem campuses.

This year IBS has recorded 98% successful placement records across major campuses. Read this complete article to know the average and highest CTC offered to the candidates.

This year, IBS campuses saw participation from prominent recruiters such as Deloitte, EY, UpGrad, ICICI Bank, IDFC First bank, KPMG, PWC (India), TCS, Cognizant, Xiaomi India, HDFC Bank and so forth.

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Table of contents
  • IBS Placements: IBS Dehradun
  • IBS Placements: IBS Hyderabad
  • IBS Placements: IBS Ahmedabad
  • IBS Placements: IBS Gurgaon
  • IBS Placements: IBS Kolkata
  • IBS Placements: IBS Mumbai
  • IBS Placements: IBS Pune
  • IBS Placements: IBS Bangalore
  • IBS Placements: IBS Jaipur
View More

IBS Placements: IBS Dehradun

Check the table below to know the IBS Dehradun Placement highlights

Class of

2021

2022

Students placed

97%

99%

Average salary

INR 5.62 lakhs

INR 6.01 lakhs

Domestic Highest salary

INR 10.62 lakhs

INR 10 lakh

Average salary (Top 10%)

INR 8.60 lakhs

INR 8.17 lakhs

Average Salary (Top 25%)

INR 7.08 lakhs

INR 7.04 lakhs

Recruiters

20

35

IBS Dehradun Placement: Prominent Recruiters

Recruiters List

1. ICICI Bank Ltd

2. ICICI Securities Ltd

3. Axis Bank Ltd

4. Tata Consultancy Services

5. Berger Paints

6. BYJU’s

7. Khimji Ramdas

8. PlanetSpark

9. Jaro Education

10. ICICI Prudential Life Insurance

11.  Hike Education

12. Home First Finance Company

13.  UpGrad

14. XL Dynamics

15.  Rezi LLC

16. FinEdge Advisory

17.  SMC Global

18. UNIBIC

19.  ESAF Bank Ltd.

20. CapitalVia Global Research

21.  NoBrokerHood

22. Highbeam Global

23.  Indifi Technologies

24.  SquareYards

25.  NoBroker.com

26.  HDFC Bank Ltd.

27.  Indifi Technologies Pvt. Ltd.

28.  Aditya Birla Fashion and Retail

29.  Think and Learn Pvt. Ltd (BYJU’s)

30.  Aditya Birla Health Insurance

31.  IDFC First Bank

32.  ICICI Prudential Life Insurance Ltd.

33.  Centrum Housing Finance Ltd

34.  UpGrad

35.  SearchBourne Consulting Pvt. Ltd

36.  Utkarsh Small Finance Bank Ltd.

37.  Caeasefire Industries Ltd.

38.  Toppr Technologies Ltd.

39.  Decathlon Sports India

40.  Extramarks Education India Pvt. Ltd.

41.  Ebullient Securities Pvt. Ltd.

42.  ICICI Securities

43.  Times of India

44.  Berger Paints Ltd.

45.  Home First Finance Company Pvt. Ltd.

46.  Protiviti Consulting Pvt. Ltd.

47.  FinEdge Advisory Pvt. Ltd.

48.  HDFC AMC

49.  Asahi India Glass Ltd.

50.  Square Yards

51.  Zycus Infotech

52.  Varenia CIMS

53.  Indiabulls Housing Finance Ltd.

54.  IndusInd Bank Ltd.

55.  Franchise India Housing Ltd.

56.  Kotak Mahindra Bank Ltd.

57.  Property Pistol

58.  Policy Bazaar.com

IBS Placements: IBS Hyderabad

Check the table below to know the IBS Hyderabad placement highlights

Class of

2021

2022

Students placed

96%

98%

Average salary

INR 7.59 lakhs

INR 8.71 lakhs

Domestic Highest salary

INR 13.50 lakhs

INR 21 lakh

International Highest Salary

INR 15.94 lakhs

INR 53.45 lakhs

Average salary (Top 10%)

INR 10.49 lakhs

INR 14.31 lakhs

Average Salary (Top 25%)

INR 9.20 lakhs

INR 11.70 lakhs

IBS Hyderabad Placement: Prominent Recruiters

Q&A Icon
Commonly asked questions
Q:   Is IBS Pune good for placements?
A: 

Yes, IBS Pune is good for placements. The key highlights of IBS Pune placements 2025 are presented below:

Particulars

PGPM Placement Statistics (2025)

Highest domestic package

INR 16.42 LPA

Average package

INR 7.95 LPA

Placement rate

99%

Top 10% average package

INR 11.31 LPA

Top 25% average package

INR 10.17 LPA

Q:   Is it worth doing MBA at IBS Jaipur? What is the placement scenerio?
A: 

IBS Jaipur offers good placements for its MBA course annually. During IBS Jaipur placement 2025, 95% of students of the batch 2025 were placed in reputed companies. The key highlights of IBS Jaipur placements for the Class of 2024 and 2025 are tabulated below:

Particulars

Placement Statistics (2024)

Placement Statistics (2025)

the highest international package

INR 20.50 LPA

INR 41.40 LPA

the highest domestic package

INR 10.50 LPA

INR 12.76 LPA

Average package

INR 7.27 LPA

INR 7.14 LPA

Top 10% average package

INR 11.71 LPA

INR 11.85 LPA

Top 25% average package

INR 9.78 LPA

INR 9.66 LPA

Placement percentage

99%

95%

Q:   What is the highest package of IBS Jaipur MBA?
A: 

The overall highest national and international package offered during IBS Jaipur placement 2025 stood at INR 41.40 LPA and INR 12.76 LPA, respectively. The following table showcases the IBS Jaipur highest packages offered between 2024 and 2025 placements:

Particulars

Placement Statistics (2024)

Placement Statistics (2025)

the highest international package

INR 20.50 LPA

INR 41.40 LPA

the highest domestic package

INR 10.50 LPA

INR 12.76 LPA

Q:   What is the highest package of IBS Pune for MBA?
A: 

The highest domestic package offered during IBS Pune PGPM placements 2023 stood at INR 12.00 LPA while the highest international package has not been disclosed yet.

Further, a fluctuating and improving trend was witnessed in the highest domestic and international package offered, respectively, over the past three years during IBS Pune PGPM placements, which is presented below:

ParticularsStatistics (2023)Statistics (2024)Statistics (2025)
Highest Domestic SalaryINR 12 LPAINR 12 LPAINR 16.42 LPA
Highest International SalaryINR 56.55 L– / –– / –
Average SalaryINR 7.59 LPAINR 7.59 LPAINR 7.95 LPA
Placement Percentage99%99%99%

 

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Recruiters

1. A.O Smith India

2. Grey & White HR Consultants Pvt. Ltd.

3. Accenture

4. Haldiram’s Food Products

5. HDFC Bank

6. Hero Fincorp Ltd

7. PWC SDC

8. Reckitt Benckiser

9. ANZ Support Services

10. HSVC Technologies Services

11. Sapiens Solutions (IBEXI)

12. BYJU’s

13. Aranca

14. Indegene

15. CSB bank Ltd.

16. Jaro Education

17. Tata AIG General Insurance

18. Times Internet Ltd.

19. Vedanta

20. KPMG Global Services

21. Cognizant Technology Services

22. Deloitte Consulting

23. EY GDS

24. KPMG

25. Genpact

26. Goldman Sachs

27. Xiaomi India

28. WIPRO Ltd.

29. Odd Jobs India

30. TCS

31. HDFC AMC

32. Tolaram Group

33. PWC India

34. K 12 Techno Services

35. Redd Intelligence

36. Ernst & Young

37. SpotDraft

38. Make My Trip Pvt. Ltd.

39. Asset Vantage

40. MagicPin

41. Infoedge India (Naukri.com)

42. ZL Technologies

IBS Placements: IBS Ahmedabad

Check the table below to know the IBS Ahmedabad placement highlights

Class of

2021

2022

Students placed

94%

96%

Average salary

INR 6.40 lakhs

INR 7.91 lakhs

Domestic Highest salary

INR 8.46 lakhs

INR 11 lakh

International Highest Salary

INR 22 lakhs

INR 28.32 lakhs

Average salary (Top 10%)

INR 12.02 lakhs

INR 19.66 lakhs

Average Salary (Top 25%)

INR 8.71 lakhs

INR 11 lakhs

Recruiters

17

11

IBS Ahmedabad Placement: Prominent Recruiters

Recruiters

1. AGILO Research

2. BYJU’s

3. HDFC Bank

4. ICICI Bank

5. ICICI Lombard General Insurance Co

6. ICICI Prudential (AMC)

7. ICICI Prudential

8. Kotak Mahindra Bank

9. LT Technology

10. Property Pistol

11. TCS

IBS Placements: IBS Gurgaon

Check the table below to know the IBS Gurgaon placement highlights

Class of

2021

2022

Students placed

94%

98%

Average salary

INR 6.05 lakhs

INR 6.81 lakhs

Domestic Highest salary

INR 10.09 lakhs

INR 11 lakh

International Highest Salary

INR 13.83 lakhs

INR 22.18 lakhs

Average salary (Top 10%)

INR 8.83 lakhs

INR 10.06 lakhs

Average Salary (Top 25%)

INR 8.12 lakhs

INR 8.76 lakhs

Recruiters

120

126

IBS Gurgaon Placement: Prominent Recruiters

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Recruiters

1. I Channel

2. Fleet X

3. Gartner

4. GEMINI Solutions

5. Outgrow

6. OPPO Mobile India Pvt. Ltd.

7. OLX Groups

8. Frost’ n Sullivan

9. HCL Technologies

10. Hero FinCorp Ltd.

11. AXA XL

12. AU Small Finance Bank

13. ANM

14. IDFC First Bank

15. KPMG Global Services

16. TCS

17. Technopark Advisors

18. LAKSH HR

19. LocoNav

20. Deloitte Consulting

21. Zomato

22. Yes Bank

23. Ernst & Young

24. Deloitte Tax Services

25. Niva Bupa Health Insurance Co

26. KFintech

27. PeopleSquare

28. Tech Mahindra

29. Ola Cabs

30. Learning Routes

31. Genpact Analytics

32. Chegg

33. ICICI Bank

34. MokoBoxx

35. Archer & Bull

36. Maison D’Auraine

IBS Placements: IBS Kolkata

Check the table below to know the IBS Kolkata placement highlights

Class of

2021

2022

Students placed

99%

99%

Average salary

INR 5.60 lakhs

INR 7.11 lakhs

Domestic Highest salary

INR 10 lakhs

INR 12 lakh

International Highest Salary

INR 10.20 lakhs

INR 22 lakhs

Average salary (Top 10%)

INR 8.14 lakhs

INR 14.12 lakhs

Average Salary (Top 25%)

INR 7.24 lakhs

INR 10.41 lakhs

Recruiters

28

21

IBS Kolkata Placement: Prominent Recruiters

Recruiters List

1. Aditya Birla Fashion and Retail Limited

2. HDFC Life

3. ICICI Bank

4. Bajaj Allianz Life Insurance

5. ICRA

6. BuyerForesight, a step

7. IndusInd Bank

8. Deloitte Consulting

9. Deloitte Tax Services

10. NielsenIQ

11. NIIT Limited

12. HDB Financial Services

13. HDFC Bank

14. PWC SDC

15. Anand Rathi

16. Intellipaat

17. ICICI Securities

18. Ernst & Young

19. IDFC First Bank

20. Property Pistol

IBS Placements: IBS Mumbai

Check the table below to know the IBS Mumbai placement highlights

Class of

2021

2022

Students placed

98%

98%

Average salary

INR 6.38 lakhs

INR 7.14 lakhs

Domestic Highest salary

INR 12.40 lakhs

INR 15 lakh

International Highest Salary

INR 10.64 lakhs

INR 53.45 lakhs

Average salary (Top 10%)

INR 10.08 lakhs

INR 12.18 lakhs

Average Salary (Top 25%)

INR 8.86 lakhs

INR 9.69 lakhs

Recruiters

230

229

IBS Mumbai Placement: Prominent Recruiters

Recruiters

1. 3i Infotech Ltd

2. D’Moksha

3. DTDC

4. Accenture

5. KPMG Global Services

6. Kotak Mahindra Bank

7. Extramarks Education India Pvt. Ltd

8. EY GDS

9. Mapower Group

10. Godrej Properties

11. GoPik

12. Nielsen

13. OLA Electric

14. PLX GROUP

15. PWC India

16. PWC SDC

17. Infra Market

18. ICICI Bank

19. Guardian

20. ITC

21. Deloitte Consulting

22. Deloitte Tax Services

23. CRISIL

24. CROMA

25. KFintech

26. PNB Metlife Insurance

27. Edwelweiss General Insurance

28. Randstad

29. LeadSquared

30. Hamilton India

31. Make My Trip Pct. Ltd.

32. K12 Techno services Pvt Ltd

33. AU Small Finance Bank

34. IndusInd Bank

35. Nestle

36. PROPERTY PISTOL

IBS Placements: IBS Pune

Check the table below to know the IBS Pune placement highlights

Class of

2021

2022

Students placed

96%

99%

Average salary

INR 6.02 lakhs

INR 6.78 lakhs

Domestic Highest salary

INR 10 lakhs

INR 16.70 lakh

International Highest Salary

INR 10 lakhs

INR 53.45 lakhs

Average salary (Top 10%)

INR 8.95 lakhs

INR 11 lakhs

Average Salary (Top 25%)

INR 7.99 lakhs

INR 9.19 lakhs

Recruiters

90

90

IBS Pune Placement: Prominent Recruiters

Recruiters

1. Aditya Birla Sun Life Asset Management Company

2. HCL Technologies

3. Phonepe

4. Pin Click

5. ICICI prudential (AMC)

6. Jai Kisan

7. LODHA Group

8. Magic Pin

9. Evosys Global

10. Broker Network

11. WheelsEMI

12. ZS Associates

13. Grand View Research

14. Markets & Markets

15. Deloitte Tax Services

16. DTDC Express Ltd.

17. Me n Moms Pvt Ltd

18. TCS

19. HDFC Bank

20. TresVista

21. ICICI Bak

22. NoBrokerHood

23. InCred Finance

24. Ernst & Young

25. Tata Technologies

26. Korn Ferry

IBS Placements: IBS Bangalore

Check the table below to know the IBS Bangalore placement highlights

Class of

2021

2022

Students placed

90%

94%

Average salary

INR 5.91 lakhs

INR 7.02 lakhs

Domestic Highest salary

INR 10 lakhs

INR 10 lakh

International Highest Salary

INR 10.13 lakhs

INR 22.16 lakhs

Average salary (Top 10%)

INR 8.68 lakhs

INR 12.36 lakhs

Average Salary (Top 25%)

INR 8.04 lakhs

INR 9.74 lakhs

Recruiters

66

47

IBS Banagalore Placement: Prominent Recruiters

Q&A Icon
Commonly asked questions
Q:   What is the placement rate at IBS Dehradun?
A: 

The placement rate recorded during IBS Dehradun placement 2025 was 99%. Earlier, in 2024 and 2023, the placement rate was 94% and 93%, respectively.

Q:   What is the placement rate recorded during IBS Mumbai placements?
A: 

The placement rate recorded during IBS Mumbai placements over the past three years is presented below:

Particulars

 2023 Placement Statistics 

2024 Placement Statistics 

 2025 Placement Statistics 

Placement rate

98%

98%

95%

Recruiters

1. Aditya Birla Fashion & Retail Limited

2. ICICI Bank

3. ICICI prudential (AMC)

4. Motilal Oswal Financial Services

5. Oracle India Pvt. Ltd.

6. BuyerForesight

7. PhonePe

8. Property Pistol

9. IDFC First Bank

10. PWC SDC

11. HIS Markit Ltd.

12. Rurash Financial

13. Intellipaat

14. Course5

15. IPSOS Research

16. TCS

17. FirstMeridian

18. Lawyered

19. HDFC Bank

20. MagicPin

21. State Street Corporation

22. Treebo Hotels

23. Mindshare

24. CoLive

25. Board Infinity

26. Deloitte Tax Services

27. ICICI Securities

28. Sonata Software

29.  CareerLabs

30. Leap Finance

31.  Cians Analytics

32. Tendercut

IBS Placements: IBS Jaipur

Check the table below to know the IBS Jaipur placement highlights

Class of

2021

2022

Students placed

98%

99%

Average salary

INR 5.49 lakhs

INR 6.91 lakhs

Domestic Highest salary

-

INR 11 lakh

International Highest Salary

INR 13.20 lakhs

INR 22.16 lakhs

Average salary (Top 10%)

INR 9.66 lakhs

INR 14.72 lakhs

Average Salary (Top 25%)

INR 8.20 lakhs

INR 11.26 lakhs

Recruiters

28

29

IBS Jaipur Placement: Prominent Recruiters

Recruiters

1. A9 Education & Business Solution

2. Aavas Financiers Ltd

3. Axis Bank

4. BYJU’s

5. ClassPlus

6. Dr. B. Lal Clinical Laboratory Pvt. Ltd

7. ESAF Small Finance Bank

8. HDFC Bank

9. Hike Education

10. ICICI Bank

11. ICICI Pridential Life Insurance Co.

12. ICICI Securities

13. Planet Spark

14. Property Cloud

15. S & P Global

16. SEEDS FINCAP PRIVATE LIMITED

17. TechSci Research

18. Thrillophilia

19. Wheaton Advisors Private Limited

20. Utkarsh Small Finance Bak Ltd.

21. Ameriprise Financial

22. ICICI Prudential (AMC)

23. CB Richard Ellis

24. Interactive Brokers

25. Ernst & Young

26. Raam Group

27. HDFC Life

28. Tata Technologies

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Shruti Garg
Assistant Manager- Editorial

Shruti Garg is a graduate in English and Education with over 7 years of experience in content writing/editing and education journalism. At Shiksha.com, Shruti covers UG and PG entrance exams like MBA entrance exams,

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Answered a week ago

IBSAT question paper includes 140 multiple choice questions which are divided across four sections- verbal ability, reading comprehension, quantitative aptitude and date adequacy & data interpretation. Candidates will be required to attempt all questions within 120 minutes. IBSAT exam includes no ne

...Read more

N

Nishtha Pandey

Contributor-Level 7

Answered a week ago

Yes, IBSAT exam is comparatively easier than CAT in terms of syllabus difficulty level and competition. CAT question paper requires high anlaytical solving skills to score well in exam, whereas IBSAT exam assesses candidate's speed and accuracy. The difficulty level of IBSAT exam is moderate.

N

Nishtha Bhandari

Contributor-Level 7

Answered a week ago

IBSAT cutoff varies for each IBS campus. Candidates seeking admission to top IBS campus must score a minimum of 80 percentile in IBSAT exam. Generally a score between 70 and 80 percentile in IBSAT exam is considered a good score.

D

Dhanya Dhyani

Contributor-Level 7

Answered 2 weeks ago

To cover the IBSAT syllabus timely, candidates must first prioritise the high weightage topics and follow the section-wise preparation timetable. Students must focus on conceptual clarity and take regular mock tests to identify the weak areas and strong areas in IBSAT syllabus.

N

Nishtha Arora

Contributor-Level 7

Answered 2 weeks ago

The difficulty level of IBSAT syllabus is generally moderate. The syllabus for IBSAT is similar to the CAT syllabus. However, the IBSAT question paper includes more straightforward and less tricky questions compared to other MBA entrance examinations.

S

Satyendra Kaur

Contributor-Level 7

Answered 2 weeks ago

IBSAT exam is generally considered easy to moderate in difficulty level compared to other major MBA exams like CAT and XAT. For an average student it is possible to score well in exam with good preparation strategy.

N

Nishtha Kumar

Contributor-Level 7

Answered 2 weeks ago

IBSAT exam is conducted for a duration of two hours. It is a remote proctored test held across India. The IBSAT question paper consists of 140 multiple choice questions which have to completed in 120 minutes. The paper involves no negative marking.

K

Kritika Malhotra

Contributor-Level 7

Answered 2 weeks ago

Yes, IBSAT books are enough to cover the exam syllabus. Candidates can refer to the recommended books and study materials to prepare for the exam. Candidates must ensure that the books cover basic concepts, include section-wise practice questions and mock tests.

N

Nishtha Singh

Contributor-Level 7

Answered 2 weeks ago

No, it is not compulsory to attempt all sections of IBSAT exam. Some top tier IBSAT accepting colleges consider the minimum sectional scores to be shortlisted for admission. IBSAT exam does not involve any negative marking, hence candidates must focus on answering all 140 questions.

N

Nishtha Datta

Contributor-Level 7

Answered a month ago

Yes — the IBSAT cutoff does change every year.


 Why the IBSAT Cutoff Varies

  • Exam Difficulty: If the paper is tougher, the cutoff percentile may be lower; if easier, higher.
  • Number of Applicants: More applicants competing for limited seats can push the cutoff up.
  • Seat Availability: Each ICFAI Business Sc

...Read more

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Sidhartha Singh

Contributor-Level 10