ISB Sees An Unprecedented Response From Recruiters In The Ongoing Placement Process
Consulting, IT/ITES, E-Commerce and BFSI sectors were the primary drawers with 1194 offers in 1st week in comparison to 816 offers in the corresponding period and 1136 overall offers in 2018. Average CTC in 1st week of placements is Rs 25.06 lakhs pa. There is 29% increase in the number of companies visiting the campus in 1st week 1 of placements. 18 companies have made more than 15 offers; Deloitte, Accenture and Amazon topping the list.
There is 29% increase in the number of companies visiting the campus in 1st week 1 of placements.
Indian School of Business (ISB) with campuses in Hyderabad and Mohali today announced an interim progress update on the ongoing placements for the Class of 2019 of the flagship Post Graduate Programme in Management (PGP). Week 1 of the integrated-placements process concluded last week.
With a class size of 886 students, ISB’s PGP offers the largest pool of top-quality talent in India which makes it very attractive to the recruiters. The diversity and experience of the class continue to be the main draw. The School saw an increase of 29% in the number of recruiters who participated in the process this year.
“When it comes to sourcing world-class talent in a growth market, ISB is the preferred partner for many companies. In some cases, ISB is the only campus where some of these companies visit for their India placements. The unprecedented number of offers, this early in the process, is a vote of confidence on the quality of ISB students", said Professor Rajendra Srivastava, Dean, ISB.
Companies like Amazon, Bain, BCG, Deloitte, Flipkart, Google, HDFC Bank, LEK Consulting, McKinsey, Microsoft, Oyo Rooms, Reliance Industries, Rivigo, Samsung, Uber have reported their largest single-campus hiring from ISB this season
BFSI hiring has seen a spike this year with marque recruiters like Barclays, Citibank, Credit Suisse, HSBC, JP Morgan, ICICI Bank, Matrix leading the way
Top international recruiters include Apple, E&Y, GrabTaxi, Li and Fung for locations in the Middle East, Hong Kong, North Africa and Singapore
The strong startup surge in the country also made its presence felt through new-age technology companies like Bizongo, Cars24, Magicpin, Paytm, Shuttl, Swiggy, Udaan.com, Zomato, to name a few
ISB continues to attract Government and quasi-government bodies; Punjab Bureau of Investment Promotion (InvestPunjab), Government of Punjab visited the campus for the first time to hire talent to boost their investment promotion and facilitation team
Of the total offers made, 35% were for women candidates; the Class of 2019 has 306 women students – the highest so far
The sectors which make up for maximum offers are:
% of total offers
IT / ITES
Banks / Financial Institutions / Financial Services
The top functions are:
% of total offers
Consulting (Strategy, Technology, Operations and Analytics are the main streams)
Sales and Marketing
General Management and Leadership
To supplement the world-class curriculum delivered by high-quality faculty, ISB has designed a series of alumni-led learning interventions to make PGP students industry-ready. The 10000-strong alumni community are working closely with the School in bridging ISB–Industry connections. The exemplary research record of ISB faculty ensures that students learn the latest from the best.
ISB alumni continue to do well in their careers. For example, ISB has been ranked #3 amongst the top 100 global B-Schools, for a 164% increase in salary of its alumni (177% increase for women), three years after completion of PGP, as per the Financial Times Global MBA rankings 2018.
ISB follows a system of ‘Rolling Placements’, a lateral hiring process that is spread over several weeks, giving both recruiters and students time to find their best fit. The final Placements Report for the Class of 2019 will be released in March 2019.
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