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ISB Placement Results for batch of 2011: ANOTHER SUCCESSFUL PLACEMENTS YEAR FOR ISB STUDENTS

June 21st, 2010

ANOTHER SUCCESSFUL PLACEMENTS YEAR FOR ISB STUDENTS

• 33% INCREASE IN NUMBER OF OFFERS
• 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, “I 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.”

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 ‘Green Energy’ 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.

For further information, please contact:
Sriram Gopalakrishnan
Head – Marketing and Communications
Indian School of Business
Tel.: 9394568030
E-mail: Sriram_gopalakrishnan@isb.edu
www.isb.edu

Appendix

Year on year Increase in Companies and Offers

Year on year data for 80% mean and 80% median

Indicative list of participating companies

Company Name

STAR India Pvt Ltd

Citibank NA

DBS Bank

Deutsche Bank AG

Goldman Sachs

HSBC

ICICI Bank Ltd.

Royal Bank of Scotland

A.T. KEARNEY LTD.

Accenture Services Pvt Ltd

Arthur D. Little Asia Pte Ltd

Booz & Company

Deloitte Consulting

Diamond Management & Technology Consultants

McKinsey & Company

The Boston Consulting Group

The Parthenon Group

Aditya Birla Group

ITC Limited

RPG

Colgate-Palmolive (India) Ltd

Luxottica Group

PepsiCo India Holdings Pvt Ltd

Philips Electronics India Ltd

L&T

Cognizant Technology Solutions

Amazon Development Center India Pvt Ltd

Bharti Airtel Ltd.

Genpact

Google India Pvt. Ltd

IBM India Pvt Ltd

Microsoft India (R&D) Ltd

NEC India Pvt. Ltd

NIIT

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

National Instruments

Cerner Healthcare Solutions Pvt Ltd.

Monsanto

United Health Group

Dr. Reddy’s Laboratories Ltd.

Novartis AG

Pfizer Limited

Source: Indian School of Business.
Please note that CrackISB is not directly affiliated with the Indian School of Business

ISB Admissions Essay-3: Analysis by CrackISB Team

June 15th, 2010

Essay 3: Please provide additional information, that will significantly affect the consideration of your application to the ISB. (300 words max)

This essay is again available in various formants in several top business school applications. This is the place, where you can use your creativity and genius to present something which cannot fit elsewhere. This is where you have room to innovate and mention anything important you feel you want to convey. This can be about why could not get a good enough GMAT score, what is important to you in life, any tough situation you have handled, an event which changed your outlook towards life, some extra ordinary skill or activity you have undertaken etc.

Generic Approach

By now, you should know that CrackISB team is STRICTLY against a cookie-cutter approach for anything in an ISB admissions essay. We strongly recommend the usage of Nucleus HR instruments to present a true picture of yourself and Crack ISB admission process.

Based on the analysis reports (about 50 pages representing 50 traits) you get you can start your essay, fashioned around your profile. Restrict yourself to at-most three things in the essay which you feel are important rather than a long laundry list of things which come to your memory.

Note: CrackISB is founded and managed by ISB alumni and not directly affiliated to the Indian School of Business (ISB) located in Hyderabad and as such we have no Conflict of Interest. We do not use ISB resources to conduct our commercial activities and are an independent entity. We specialize in providing HIGH Quality Premium tutoring at select locations in India and USA and provide complete admissions support which will enable you to Crack ISB admissions process. Our admissions approach is completely different and based on our proprietary HR instruments- We are pleased to inform that we are the ONLY organization in the world which approaches the business school application processing in this way. This PROVES our commitment in a CREDIBLE way that our methodology to essay writing does not follow the same size fits all approach which is followed by others. Candidates enrolled to our programme get access to several hundreds of pages of detailed advice on essay writing, sample essays with our advisor’s comments and many more. Check out our website for more details on our services.

© CrackISB Team. You are allowed to repost this message elsewhere if reference/acknowledgment to CrackISB is made

ISB Admissions Essay-2: Analysis by CrackISB Team

June 15th, 2010

Essay 2: What are your short term and long term goals? How will the ISB help you achieve the same? (300 words max)

This is again a variant of the standard question found in the applications for many other top Business Schools. For example,

  • Discuss the factors that influenced your career decisions to date. Please describe your professional goals for the future. How will the M.B.A. experience influence your ability to achieve your goals? (Wharton)
  • Discuss your career progression to date. Why do you want an M.B.A.? How do you envision your career progressing after receiving the M.B.A.? (Tuck)
  • Specifically address your post-M.B.A. short- and long-term professional goals. How will Darden assist you in attaining these goals?
  • Briefly assess your career progress to date. Elaborate on your future career plans and your motivation for pursuing a graduate degree at Kellogg.
  • What are your post-M.B.A. career plans? (Harvard)

As explained above this is the most common type of essay question, asked on virtually every business school application. This question asks you to present, clearly and coherently, your all too familiar reasons for wanting to do an M.B.A and also why from the Indian School of Business (ISB). The question consists of a few distinct parts.

  1. About your past (How has your career progressed to date? What has motivated you thus far?),
  2. Your future (How do you envision your career progressing? What are your goals for the future?),
  3. Correlate both the above. The expectation is for you to relate the information to your present desire to attain an M.B.A from the Indian School of Business (ISB).
  4. How are these goals important for you and for the Indian School of Business (ISB).

Let this question create an impression about you as a person to the admissions committee at the ISB. It is similar to the moment in an interview when you shake the interviewer’s hand and smile- It is a critical step. The ISB admissions committee uses this question to ascertain your motivation, maturity, and focus. While undergraduate application essays are understandably fuzzy about career choices and goals, graduate business essays should, in contrast, be crystal clear. If you have vague reasons for pursuing an M.B.A., you need to reconsider your decision to apply to the Indian School of Business (ISB). Giving a vague response to this question is akin to having a weak handshake and not looking the interviewer in the eye and can create a bad impression.

You must accomplish a lot in this essay, so pay special attention to the structure, overall objectives and content as well. Again CrackISB team is strictly against following a template approach. We advise you to be honest and be your true self- Our Proprietary HR instruments form the starting point for this (There are many such tools in market, but nothing is customized for ISB admissions process). You can tackle the question by dividing your answer into four separate pieces. The first can be about your past professional experience. The second can discuss your future career goals. The third and fourth can be about how these fit into your plan and the school’s particular program. At each step, demonstrate why and how these experiences, goals, or attributes motivate you to get your M.B.A from the Indian School of Business (ISB).

In general CrackISB team recommends you to limit yourself to one career goal, if it is general. If you have a couple of different jobs in mind, that is all right, too. However, your reasons for them should be easily inferred or specifically stated in your essay. If you are truly unsure of what your goals are, admit so honestly rather than make up something which is not true. At the very least, though, give credible reasons for your indecision, and explain why you believe that ISB’s PGP program will help you overcome your ambivalence.

Even if the question does not specifically ask for it, articulate why the PGP at Indian School of Business (ISB) makes sense for you given your unique professional and personal goals. To do this well, you must spend the necessary time in introspection and also research the school. When you understand the school’s program and positioning, use what you have uncovered only if you can apply it to yourself. Do not write what you think they want to hear. ISB Admissions committee can spot this kind of insincerity from thousands of miles away. They also seek a heterogeneous mix of backgrounds and experiences. Therefore, trying to fashion yourself as a typical applicant can hurt you even if you do it well. The more honest you are to your real motivations and desires, the better your essay will be.

Note: CrackISB is founded and managed by ISB alumni and not directly affiliated to the Indian School of Business (ISB) located in Hyderabad and as such we have no Conflict of Interest. We do not use ISB resources to conduct our commercial activities and are an independent entity. We specialize in providing HIGH Quality Premium tutoring at select locations in India and USA and provide complete admissions support which will enable you to Crack ISB admissions process. Our admissions approach is completely different and based on our proprietary HR instruments- We are pleased to inform that we are the ONLY organization in the world which approaches the business school application processing in this way. This PROVES our commitment in a CREDIBLE way that our methodology to essay writing does not follow the same size fits all approach which is followed by others. Candidates enrolled to our programme get access to several hundreds of pages of detailed advice on essay writing, sample essays with our advisor’s comments and many more. Check out our website for more details on our services.

© CrackISB Team. You are allowed to repost this message elsewhere if reference/acknowledgment to CrackISB is made

ISB Admissions Essay-1: Analysis by CrackISB Team

June 15th, 2010

Essay 1: If we were to admit one more student to the class of 2012, make a compelling argument as to why that student should be you? (300 words max)

This is a modification of the standard question found in the applications for other Business Schools. For example,

  • Your background, experiences, and values will enhance and diversify Kellogg. How? (1-2 double-spaced pages)
  • The Darden School seeks a diverse and unique entering class of future managers. How will your distinctiveness enrich our learning environment and enhance your prospects for success as a manager?

The essay is about what is special or unique about you that will contribute towards enhancing the diversity and value to the class of 2012 at ISB. Most Good Business schools VALUE diversity among its students to enable valuable peer learning and provide a diverse perspective to its students and this is true of ISB as well as a globally reputed top Business School. How will you contribute to this learning and how much would you contribute to this learning? It is the answers to these questions, the ISB admissions committee is looking for. Every essay question on the ISB admissions application is geared toward the same thing. Committee members want to find out who you are, what makes you different from everyone else, and how you will contribute to the school if accepted. This question asks these things outright. Because it asks so directly what the admissions committee wants to know, this is one of the most common questions you will find every year. This is a combination of two questions- Why you want to do an MBA and Why (What qualities) should you be considered for an MBA by the Indian School of Business (ISB).

This is the best place to introduce yourself to the ISB admissions committee and tell them how your presence at ISB will add value to overall experience of other students at ISB. No one expects all the students to be a star performer at something (work, social networks, connections, extracurricular or the like), however a combination of all of these should make you a UNIQUE person.

Generic Approach:

Firstly let me start off with how NOT to approach this essay- The old and most ineffective way is to make lists of things and weave your essay around this list. You will miss out the big picture and purpose with such a narrow minded approach.

  1. For this question it is important to brainstorm about your qualities and characteristics before everything else. This is the most difficult, crucial and important part and this is where you can take the help of our proprietary HR psychometric instruments (Nucleus-PhyschoSCAN, Nucleus-TeamSCAN, Nucleus-JobSCAN). What sets you apart from everyone else? What words do friends, co-workers and family use to describe you? A person with an unusual professional background may use this question to turn this potential weakness into his strength. Anyone with a particular talent or calling, such as an athlete or a musician, can use that as a topic. Less obvious characteristics can work just as well and this is not realized by many. Are you one of those people who are forever getting tagged with an identity? Do people say, “You know Raj, the funny guy?,” or “There’s Bedha, the Quiz Wizard.”
  2. If you consider yourself to be a fairly normal and average candidate you may feel apprehensive or nervous about not being able to identify yourself with any one particular activity or defining trait. As mentioned above, there is no reason to get worried about because a listing of qualities that make you unique is perfectly acceptable and will be true for most candidates. None of your qualities has to be particularly unique by itself. Whatever is real and true will work perfectly well. What words do people use to describe you? Are you a risk taker? An academic? A leader? Unusually goal oriented? Dedicated? Ethical? A good team player?
  3. The qualities you choose to describe are not nearly as important as how well you back them up and this is why we stress on presenting TRUTH to the admissions committee at ISB. Because this answer tends to contain many adjectives, you absolutely must provide solid examples demonstrating each quality you have listed. You can take examples from either your work or your personal life. You can even be creative and take an example from your childhood, if you wish, as long as whatever you choose effectively proves that you are what you say you are and not just writing a fictitious essay. Remember that the admissions committee at ISB spends roughly about 10 minutes on your essay, so get to the point and make it interesting and not just a summarization of facts in a list of bulleted items.

Lastly, because the question asks “Why should ISB take you?” it provides you with a perfect opportunity to prove that you have researched and targeted yourself to the Indian School of Business. Match your distinctiveness in whatever way is natural to the distinctiveness of the PGP programme at the Indian School of Business (ISB). Show the admissions committee that you are not just perfect for business school in general; you are perfect for the programme at the Indian School of Business (ISB).

Note: CrackISB is founded and managed by ISB alumni and not directly affiliated to the Indian School of Business (ISB) located in Hyderabad and as such we have no Conflict of Interest. We do not use ISB resources to conduct our commercial activities and are an independent entity. We specialize in providing HIGH Quality Premium tutoring at select locations in India and USA and provide complete admissions support which will enable you to Crack ISB admissions process. Our admissions approach is completely different and based on our proprietary HR instruments- We are pleased to inform that we are the ONLY organization in the world which approaches the business school application processing in this way. This PROVES our commitment in a CREDIBLE way that our methodology to essay writing does not follow the same size fits all approach which is followed by others. Candidates enrolled to our programme get access to several hundreds of pages of detailed advice on essay writing, sample essays with our advisor’s comments and many more. Check out our website for more details on our services.

© CrackISB Team. You are allowed to repost this message elsewhere if reference/acknowledgment to CrackISB is made

Welcome to Crack ISB Blog Team.

June 14th, 2010

Dear ISB aspirants, welcome to Crack ISB Blog Team.

We have just set up our blog and will start efforts in a short while when we officially launch our website.

Please feel free to get in touch with us for any enquiries regarding GMAT or ISB (Indian School of Business) admission process.

Good luck.

Crack ISB Management Team