ANOTHER SUCCESSFUL PLACEMENTS YEAR FOR ISB STUDENTS
â€¢ 33% INCREASE IN NUMBER OF OFFERS
â€¢ 11% INCREASE IN SALARIES (CTC)
Hyderabad, June 15, 2010: The Indian School of Business (ISB) today announced the placements results for the Class of 2010. The School has had another successful placement year reflecting the growth and revival in the economy. The Class comprised 568 students from diverse backgrounds and work experience ranging from 2 to 20 years.
Announcing the placements results, Ajit Rangnekar, Dean, ISB, said, â€œI am humbled by the confidence that companies have reposed in us once again, by choosing ISB students to augment their talent pool. Our students come with a rich and diverse experience, and their transformational year at the ISB has helped them to boost their capabilities and move along their chosen career paths. I am sure that this class too will make us proud by making an impact on business and society.â€
This is the ninth year that the ISB is using the Rolling Placements System and the successful placements year on year are a proof of its acceptance by the industry. The system is a lateral hiring process that is spread over several months, giving both the recruiters and the students time to find the best fit. During this period, the School also supported and encouraged students in their independent search efforts to find their preferred careers. The result was an increase in the number of offers and the variety of roles that that were offered to the students. Going forward, the ISB will continue this model of an extended rolling placement period, to ensure that every student is given time and independence to help find their preferred careers.
This year, 346 leading companies including domestic and international participated in the placements (Partial list of recruiters this year provided in Appendix). The Class of 2010 also witnessed a 33% increase in the number of offers over last year as companies chose the ISB students for a variety of roles including several senior management positions. Overall, the salaries offered to the Class of 2010 increased by 11% over last year. Further, the average outgoing salary was more than double the incoming salary.
The number of offers made by the top 10 companies from Technology , Consulting and Finance increased by 116, 40, and 30 percent respectively over the last year, making them the largest recruiters on campus this year. Pharma, Healthcare, Infrastructure, Real Estate, Media, and Energy were some of the other sectors chosen by the Class of 2010. This year also witnessed a spurt in the number of companies from the â€˜Green Energyâ€™ sector.
In international placements, several students were offered Global Leadership Programmes in countries such as Italy, Hong Kong, UK, Switzerland, Germany, and Singapore in the areas of Financial Services, Pharmaceuticals, Aviation, Information Technology, Agribusiness, and Luxury Goods.
The ISB helps students build a meaningful career and has created a lifelong global alumni network. With the graduating Class of 2010, the ISB now has a network of over 3000 alumni spread across the world, making a mark in business and industry.
About the ISB
The Indian School of Business is a premier management institution established in 2001. In a short span of nine years, the ISB has successfully pioneered several new trends in management education in India and has established itself as a leading B-school across the world. The ISB has a strong pool of research oriented resident faculty and invites high calibre international faculty from reputed B- schools to teach in its Post Graduate Programme in Management/ Executive Education Programmes as well as to participate in collaborative research with the resident faculty. ISB was ranked 12 in Global B-School Rankings 2010 by Financial Times, London.
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Head â€“ Marketing and Communications
Indian School of Business
Year on year Increase in Companies and Offers
Year on year data for 80% mean and 80% median
Indicative list of participating companies
STAR India Pvt Ltd
Deutsche Bank AG
ICICI Bank Ltd.
Royal Bank of Scotland
A.T. KEARNEY LTD.
Accenture Services Pvt Ltd
Arthur D. Little Asia Pte Ltd
Booz & Company
Diamond Management & Technology Consultants
McKinsey & Company
The Boston Consulting Group
The Parthenon Group
Aditya Birla Group
Colgate-Palmolive (India) Ltd
PepsiCo India Holdings Pvt Ltd
Philips Electronics India Ltd
Cognizant Technology Solutions
Amazon Development Center India Pvt Ltd
Bharti Airtel Ltd.
Google India Pvt. Ltd
IBM India Pvt Ltd
Microsoft India (R&D) Ltd
NEC India Pvt. Ltd
SAP Labs India Pvt. Ltd.
Tata Consultancy Services
Schneider Electric India Pvt Ltd
Husk Power Systems
Solar semiconductor private limited
Sun Edison Energy India
Godrej Industries and Associated companies
Cerner Healthcare Solutions Pvt Ltd.
United Health Group
Dr. Reddy’s Laboratories Ltd.
Source: Indian School of Business.
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