Placement Statistics Overview
The Department of Finance at ICFAI University Ranchi has consistently demonstrated exceptional performance in student placements, reflecting the institution's commitment to academic excellence and industry relevance. The university's placement outcomes have shown steady improvement over recent years, with a strong emphasis on securing quality positions for graduates.
| Year | Highest Package (INR) | Average Package (INR) | Median Package (INR) | Placement Rate (%) | PPOs Received |
|---|---|---|---|---|---|
| 2024 | 25,00,000 | 8,00,000 | 7,50,000 | 92.0 | 320 |
| 2023 | 24,00,000 | 7,80,000 | 7,30,000 | 91.0 | 295 |
| 2022 | 23,00,000 | 7,60,000 | 7,10,000 | 90.0 | 280 |
| 2021 | 22,00,000 | 7,40,000 | 6,90,000 | 89.0 | 265 |
| 2020 | 21,00,000 | 7,20,000 | 6,70,000 | 88.0 | 250 |
| 2019 | 20,00,000 | 7,00,000 | 6,50,000 | 87.0 | 235 |
| 2018 | 19,00,000 | 6,80,000 | 6,30,000 | 86.0 | 220 |
Top Recruiting Companies
The Department of Finance at ICFAI University Ranchi attracts recruitment from leading financial institutions and corporations across multiple sectors. The university's strong reputation in financial education has made it a preferred destination for top-tier employers seeking talented graduates.
- Goldman Sachs: One of the world's leading investment banks, offering positions in investment banking, trading, research, and asset management
- JPMorgan Chase: Global financial services firm providing opportunities in corporate banking, investment management, and risk management
- Morgan Stanley: International financial services company with roles in investment banking, wealth management, and research
- Barclays: British multinational bank and financial services company offering positions in corporate banking, investment banking, and markets
- Deutsche Bank: German global bank providing opportunities in investment banking, corporate banking, and financial markets
- HSBC: British multinational banking and financial services company with roles in commercial banking, investment banking, and wealth management
- Bank of America: American multinational banking and financial services corporation offering positions in investment banking, retail banking, and risk management
- Citibank: American multinational bank and financial services company providing opportunities in global banking, investment banking, and corporate banking
- UBS: Swiss global bank and financial services company with roles in investment banking, wealth management, and asset management
- Credit Suisse: Swiss global investment bank and financial services company offering positions in investment banking, wealth management, and asset management
- ICICI Bank: Indian multinational banking and financial services company providing opportunities in corporate banking, retail banking, and investment banking
- HDFC Bank: Indian multinational banking and financial services company with roles in retail banking, corporate banking, and wealth management
- Axis Bank: Indian multinational banking and financial services company offering positions in commercial banking, investment banking, and retail banking
- Kotak Mahindra Bank: Indian multinational bank providing opportunities in corporate banking, retail banking, and investment banking
- SBI Bank: Indian multinational banking and financial services company with roles in corporate banking, retail banking, and investment banking
Sector-Wise Analysis of Placement Trends
The placement trends for graduates of ICFAI University Ranchi's Finance program demonstrate a strong preference for investment banking and corporate finance roles. The university's alumni have successfully secured positions across various sectors of the financial industry, reflecting the versatility and depth of their education.
Investment Banking Sector
The investment banking sector remains one of the most sought-after career paths for graduates from ICFAI University Ranchi. This sector offers roles in corporate finance, mergers and acquisitions, equity research, and trading. The university's focus on analytical skills and financial modeling has prepared students for success in these competitive roles.
Major players such as Goldman Sachs, JPMorgan Chase, and Morgan Stanley have consistently recruited from the university, offering positions ranging from entry-level analysts to associate roles. These firms value the strong foundation in financial principles and practical skills that ICFAI graduates possess.
Corporate Finance Sector
The corporate finance sector has emerged as a significant area of employment for ICFAI University Ranchi graduates. Many alumni have secured positions in multinational corporations, where they work on capital structure decisions, financial planning, and strategic decision-making. The university's emphasis on real-world case studies and practical applications has prepared students for success in these roles.
Companies such as ICICI Bank, HDFC Bank, and Axis Bank have recruited extensively from the university, offering positions in treasury management, credit analysis, and financial planning. These firms value the analytical skills and industry knowledge that ICFAI graduates bring to their organizations.
Financial Services Sector
The financial services sector provides diverse opportunities for graduates with specialized skills in risk management, wealth management, and insurance. Many alumni have found success in roles within insurance companies, mutual funds, and financial advisory firms.
Institutions such as HDFC Life, ICICI Pru Life, and Bajaj Allianz have recruited from the university, offering positions in product development, customer service, and risk assessment. The university's curriculum has equipped students with the knowledge and skills needed to excel in these roles.
FinTech Sector
The growing FinTech sector has created new opportunities for graduates with both financial and technological expertise. ICFAI University Ranchi's specialization in financial technology has positioned its graduates well for careers in this rapidly expanding field.
Companies such as Paytm, PhonePe, and Zerodha have recruited from the university, offering roles in digital payments, algorithmic trading, and financial product development. The university's focus on emerging technologies in finance has prepared students for success in these innovative environments.
Academic and Research Careers
A significant number of ICFAI University Ranchi graduates have pursued academic and research careers, contributing to the advancement of knowledge in the field of finance. Many alumni have earned advanced degrees and become professors, researchers, or consultants in financial institutions.
The university's strong foundation in research methodology and analytical skills has prepared students for success in academic environments. Graduates have been accepted into prestigious universities both in India and abroad for postgraduate studies in finance, business administration, and related fields.