IFMR Graduate School of Business (KREA) Placements 2023
Grade B · officialIn 2023, IFMR Graduate School of Business (KREA) reported a median package of ₹13.1L and an average of ₹13.5L (CTC basis), with the highest offer at ₹22.9L across 55 recruiters — from IFMR Chennai - PGDM - Finals 2022-23.pdf (Placements and Internship Report 2022-23). Nothing estimated · Graduating batch 2021-23. 100% placed. Avg CTC up 22%. 14 new recruiters. Bundled SIP excluded..
Grade B · officialSource: IFMR Chennai - PGDM - Finals 2022-23.pdf (Placements and Internship Report 2022-23) (2023) · reported basis: CTC ·
how we verify → Average
₹13.5L
guaranteed cash
+20.4% vs 2022
Median
₹13.1L
guaranteed cash
+18.1% vs 2022
Highest
₹22.9L
+16.6% vs 2022
Two salary heads — what's guaranteed vs what you can earn
Guaranteed (TGCC) — avg ₹13.5L · median ₹13.1L
Max-earning (MEP) — avg ₹13.5L
TGCC is the audited fixed floor; MEP adds the maximum variable/bonus and is the number most schools quote as "CTC". We show both so nothing is oversold.
Salary by component · 2023
Every salary head the report discloses, in ₹ lakh — nothing estimated, undisclosed cells show “—”.
| Component | Min | Median | Mean | Max |
|---|
CTC | — | ₹13.1L | ₹13.5L | ₹22.9L |
Which sectors hired in 2023
Share of the batch's offers by sector (this report does not publish per-sector pay).
The 2023 batch, profiled
Composition as disclosed in the report.
work ex
avg work-ex19
Fresher66%
6-12 months13%
12-24 months17%
24-36 months4%
academic
B.Com39%
B.E./B.Tech28%
BBA19%
B.Sc9%
Others5%
cohort
IT/ITES40%
Automobile/Construction/Electronics & Manufacturing35%
Audit/BFSI & Trading17%
Education9%
Also disclosed in 2023
55recruiters14new recruiters30ppo22%avg ctc increase
Top recruiters in 2023
NomuraHSBCAxis BankSociete GeneraleTVS NEXTWells FargoBarclaysEYDeloittePwCCredit SuisseTallyBank of AmericaArcesiumStandard CharteredCareEdgeDecimal PointAskBrianSRMAccentureTresVistaOraclealliantgroupBrillioHDFC BankCognizantInfosysTVSKPMGHCLYubiPropelJPMorgan Chase & Co.Sett & LucasNatWestSchneider ElectricMorgan StanleyICICI BankCRISILNorthern Arc
Frequently asked questions
What was IFMR Graduate School of Business (KREA)'s average placement package in 2023?
In 2023, IFMR Graduate School of Business (KREA) reported a median of ₹13.1L, an average of ₹13.5L, a highest of ₹22.9L. Figures are institute-reported; nothing is estimated.
Did IFMR Graduate School of Business (KREA) placements improve in 2023?
Versus 2022, the median moved +18.1%.
How many companies recruited at IFMR Graduate School of Business (KREA) in 2023?
55 recruiters hired from the 2023 batch, including Nomura, HSBC, Axis Bank.
Figures from IFMR Graduate School of Business (KREA)'s official 2023 placement report. Undisclosed values show "—".
Cite this page · free with attribution
IFMR Graduate School of Business (KREA) placements 2023 — Collvera Placement Index (verified from IFMR Chennai - PGDM - Finals 2022-23.pdf (Placements and Internship Report 2022-23)). collvera.com/placements/ifmr-chennai/2023. Accessed 2026-09-08.