ISB placements for 2017 concluded on a high note with a whopping 1113 job offers rolled out to students of the PGP class, and an average salary of Rs. 22L. ISB witnessed a 39% increase in the number of recruiters on campus this year with over 400 domestic and international companies.
As per the Financial Times Global MBA rankings 2017, ISB has been ranked among the top 30 global B-schools owing to a 160% increase in salary of its alumni, three years after completion of the programme. It’s the youngest school ever to consistently secure a position among the top Global MBA programmes.
The Class of 2017 comprises a pool of students from varied backgrounds such as Consulting, Finance, Marketing, Technology, Medicine and Defence among others. It boasts of top faculty from leading institutions, the likes of Wharton & Kellogg.
According to ISB, “Consulting and IT/ITES sectors continued to be the largest recruiting sectors constituting 20 per cent and 21 per cent of the total number of offers followed by BFSI and Healthcare & Pharma respectively.”
ISB placements for 2017 saw several new companies looking to recruit top talent like Jones Lang LaSalle, Havells, Revigo, P&G, Lendingkart, Reliance Jio, Mindtree Consulting, L’Oreal, Bain & Co and Roland Berger. The regular recruiters included companies like McKinsey and Co, BCG, Parthenon, AT Kearney, Apple, Microsoft, Citibank, Novartis, Siemens, Amazon, Cognizant, Hindustan Unilever Ltd.
Consulting firms such as McKinsey, Boston Consulting Group, EY, Deloitte and KPMG continued to be big recruiters, accounting for 19% of the total offers.
Global recruiters offered senior management positions across locations such as Germany, Switzerland, Ireland, Abu Dhabi, Tokyo, Japan and Singapore.
Cargill, Apple, Coty Inc., Landmark Group, Baycurrent and Credit Access Asia were among international companies that recruited for the first time at ISB.
Additionally, it reported a visible increase in offers for leadership roles with 70 such offers being made to ISB students by leading corporates like Aditya Birla Group, Citibank, Yes Bank, Philips India Ltd, Tech Mahindra, MAX, Mytrah Energy and Genpact.
Among these, Ashok Leyland and Axis Bank rolled out offers to female students for leadership positions.
Further, there was also a surge in the number of students being hired for public advocacy and strategy roles by the government; with the Andhra Pradesh government recruiting for the second consecutive year and rolling out 21 offers. For the first time, they hired for roles of Executive Assistants to District Magistrates at select districts in the state, the release said.
Getting into ISB is extremely challenging, the average GMAT score required for getting in being 710-720, in addition to a stellar profile, top-notch academic credentials and excellent recommendations.
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