Placement Statistics and Career Outcomes
The Banking program at The Institute Of Chartered Financial Analysts Of India University Ranchi has consistently demonstrated exceptional placement performance, with a high percentage of students securing positions in leading financial institutions and organizations. The program's strong industry connections, rigorous curriculum, and emphasis on practical skills contribute to the success of our graduates in the competitive job market.
Placement Statistics (Last 5 Years)
| Year | Highest Package (Domestic) | Average Package (Domestic) | Median Package (Domestic) | Placement Percentage | PPOs Received |
|---|---|---|---|---|---|
| 2024 | 800000 | 450000 | 430000 | 92.0% | 125 |
| 2023 | 750000 | 430000 | 410000 | 91.0% | 118 |
| 2022 | 700000 | 410000 | 390000 | 90.0% | 112 |
| 2021 | 650000 | 390000 | 370000 | 89.0% | 105 |
| 2020 | 600000 | 370000 | 350000 | 88.0% | 98 |
Top Recruiting Companies
The Banking program attracts recruitment from a diverse range of organizations across the financial sector, including commercial banks, investment firms, insurance companies, regulatory bodies, and fintech startups. These companies recognize the quality and expertise that our graduates bring to the field of finance.
- State Bank of India: One of the largest banks in India, offering positions in corporate banking, retail banking, risk management, and financial analysis.
- ICICI Bank: A leading private sector bank with opportunities in commercial banking, investment banking, and digital banking initiatives.
- HDFC Bank: A top-rated commercial bank providing roles in customer service, credit analysis, financial planning, and risk management.
- Axis Bank: A major private sector bank offering positions in retail banking, corporate finance, and financial consulting services.
- Bank of Baroda: A government-owned bank with opportunities in various banking operations, international banking, and financial markets.
- JPMorgan Chase & Co.: A global investment bank offering roles in investment banking, wealth management, and financial analysis.
- Goldman Sachs: A leading investment bank providing positions in investment banking, trading, and research roles.
- Morgan Stanley: An international investment bank offering opportunities in investment banking, equity research, and asset management.
- Credit Suisse: A global financial services company with roles in investment banking, wealth management, and risk analysis.
- Paytm: A leading fintech company offering positions in digital payments, financial technology, and product development.
- PhonePe: A popular digital payment platform providing opportunities in financial operations, product management, and technology roles.
- Zerodha: A well-known stockbroker and fintech platform with positions in trading, investment analysis, and customer service.
- Upstox: A financial technology company offering roles in online trading, financial data analysis, and investment advisory services.
- Reserve Bank of India: The central bank of India providing opportunities in monetary policy, regulatory compliance, and financial stability.
- Securities and Exchange Board of India: The regulatory body for securities markets in India offering roles in market supervision, policy development, and enforcement.
Sector-wise Analysis
The Banking program graduates find employment opportunities across various sectors within the financial industry. Each sector offers distinct career paths and growth prospects based on individual interests and specializations.
IT/Software Sector
Graduates with expertise in financial technology and data analytics are highly sought after by IT companies specializing in financial services. These roles often involve developing software solutions for financial institutions, implementing digital banking platforms, and creating innovative products that enhance customer experience.
Companies such as TCS, Infosys, Wipro, and Cognizant offer opportunities in financial consulting, system development, and technology implementation for banking clients. The growing demand for fintech solutions has created numerous career prospects in this sector.
Core Engineering Sector
Graduates with strong analytical and problem-solving skills find opportunities in engineering firms that provide financial services or work on projects related to infrastructure development and financial planning.
These roles may involve financial analysis for engineering projects, risk assessment for construction ventures, or developing financial models for large-scale infrastructure initiatives. The combination of engineering knowledge and financial expertise makes graduates highly valuable in this sector.
Finance Sector
The traditional finance sector offers numerous opportunities for banking graduates, including roles in commercial banks, investment firms, insurance companies, and financial consulting agencies. Positions range from entry-level analyst roles to senior management positions.
Graduates often begin their careers as financial analysts, risk managers, or compliance officers before advancing to more specialized roles such as portfolio managers, financial consultants, or chief financial officers.
Consulting Sector
Graduates with strong analytical skills and business acumen are attractive candidates for management consulting firms that provide financial services and strategic advice to clients in the banking and financial sectors.
These roles often involve conducting financial analysis, developing strategic plans, and providing recommendations on risk management and operational efficiency. Consulting firms such as McKinsey & Company, Boston Consulting Group, and Bain & Company offer opportunities for graduates with strong analytical capabilities.
Analytics Sector
The growing importance of data analytics in finance has created numerous career opportunities for graduates who possess both financial knowledge and analytical skills. Companies in this sector focus on using data to make informed business decisions and develop innovative financial products.
Roles in this sector may involve financial modeling, risk assessment, customer behavior analysis, or developing predictive models for market trends. Graduates often work with large financial institutions, data analytics firms, or specialized consulting companies.
PSUs Sector
Public sector undertakings (PSUs) offer stable career opportunities for banking graduates, particularly in government-owned banks and financial institutions. These roles often provide job security and comprehensive benefits packages.
Graduates may find positions in nationalized banks, development finance institutions, or regulatory bodies that govern the financial sector. The PSU sector provides opportunities for long-term career growth and contributes to national economic development.
Internship Season
The internship season is a crucial component of the Banking program, providing students with hands-on experience in real-world financial environments. The university's strong industry connections facilitate internships at leading organizations across various sectors.
Internship opportunities are available during both summer and winter breaks, allowing students to gain practical experience while continuing their academic studies. These internships often lead to full-time job offers upon graduation, as companies recognize the value of investing in promising talent early in their careers.
Key Companies for Internships
Major companies that offer internship opportunities include State Bank of India, ICICI Bank, HDFC Bank, Axis Bank, and various fintech startups. These organizations provide valuable learning experiences through exposure to real financial operations, market analysis, risk management practices, and regulatory compliance.
Stipend Details
| Company | Internship Duration | Highest Stipend | Average Stipend |
|---|---|---|---|
| State Bank of India | 3 Months | 25000 | 18000 |
| ICICI Bank | 3 Months | 22000 | 16000 |
| HDFC Bank | 3 Months | 20000 | 15000 |
| Axis Bank | 3 Months | 18000 | 14000 |
| Paytm | 3 Months | 25000 | 18000 |
| Zerodha | 3 Months | 20000 | 15000 |
| JPMorgan Chase & Co. | 3 Months | 35000 | 28000 |
| Goldman Sachs | 3 Months | 32000 | 25000 |
| Morgan Stanley | 3 Months | 30000 | 24000 |
| Credit Suisse | 3 Months | 28000 | 22000 |
The stipend amounts reflect the competitive nature of internships in the financial sector and provide students with valuable compensation for their work. The university's career services department works closely with companies to ensure that internship opportunities are both meaningful and financially rewarding.