The highest salary offered was Rs 7.5 lakh per annum. Comparative data reveals that the average salary has increased this year to Rs. 5.6 lakh from last year’s Rs. 4.73 lakh – an increase of 19%. Infosys, Cognizant, ICICI Bank, Delloitte and Citigroup were the major recruiters this year; there were 11 first-time recruiters on campus. In all, 61 offers were made and 37 students placed.
According to IFMR’s placement data that was shared with MBAUniverse.com 20 companies visited the campus this year. These included ICICI, Citigroup, CMF-MSU, Smart Analyst, Vistasoft, Aptivaa, Dun and Bradstreet, IL & FS, Infosys, Cognizant, TCS, HCL, Satyam, Cerebrus, Deloitte and Henkel.
“IFMR strives to excel year after year producing sharp minds and capable managers for the corporate world… it betters its own record in its continuous effort to make the best jobs and salaries in the industry available to its students,” says IFMR.
The placement report indicated that, sector-wise, IT/Telecom offered 44% jobs; banking and finance 32%; consultancy 11%; ITeS/BPO 5%; consumer products 5%; and other services 6%.
IFMR was established in 1970 as a non-profit organization, and has been designated as an ‘institution of national importance’ by the Ministry of Finance. Its PhD degree in Finance and Economics is approved by the University of Madras.
