1,100 students grab Rs 22 lakh job offers - Five key takeaways from ISB 2017 Placements

Increased demand for leadership roles from government think tanks, public and the private sector and presence of marquee brands were some of the notable highlights at the Indian School of Business recent placements as students received an average package of Rs 22 lakh.

The School witnessed a 39% increase in the number of recruiters participating in the current placements season. Over 400 companies-domestic and international made 1,113 offers to students of the PGP Class of 2017.

In addition to its students, ISB alumni too continue to do well beyond graduation – for example, ISB has been ranked number one amongst the top 30 global B Schools, for a 160 % increase in salary of its alumni, three years after completion of the programme, as per the Financial Times Global MBA rankings 2017.

New campus recruits
Besides the regular recruiters such as McKinsey & Co, BCG, Parthenon, AT Kearney, Apple, Microsoft, Citibank, Novartis, Siemens, Amazon , Cognizant, Hindustan Unilever ltd, who were on campus, there were several new companies such as Jones Lang LaSalle, Havells, Revigo, P&G, Lending kart, Reliance Jio, Mindtree Consulting, L’ Oreal, Bain & Co and Roland Berger.

Public companies showed keen interest
Reinforcing its trust in the leadership skills of ISB graduates, the government of Andhra Pradesh recruited at ISB for the second consecutive year with a total of 21 offers. ISB students were the preferred choice for several public advocacy and strategy roles. For the first time, they were chosen for roles of Executive Assistants to District Magistrates at select districts in the state. Other roles offered were in the areas of Fin-Tech, Textiles, Tourism, and Infrastructure among others.

More leadership roles offered
There was also a visible increase in leadership roles this year. 70+ offers were made to ISB students for leadership roles by leading corporates including Aditya Birla Group, Citibank, Yes Bank, Philips India Ltd, Tech Mahindra, MAX, Mytrah Energy and Genpact.

ISB's women picked as leaders
Echoing the ISB’s mission and efforts towards increasing gender diversity at the leadership level, Axis Bank continued to hire women students of ISB for their exclusive Leadership Programme for the third year, with roles across Treasury, Corporate Finance, Retail and Consumer Banking. Making its first appearance on campus Ashok Leyland, the PSU manufacturing giant also recruited ISB’s women students for leadership positions across Product, General Management and Strategy.

Overseas recruitments
ISB graduates continue to be the preferred choice of several international companies as they come with prior transnational work experience. These companies too offered senior management positions across locations such as Germany, Switzerland, Ireland, Abu Dhabi, Tokyo, Japan and Singapore. Among the international companies, Cargill, Apple, Coty Inc, Landmark Group, Baycurrent and Credit Access Asia were some among those who recruited for the first time at ISB.

Consulting and IT/ITES sectors continued to be the largest recruiting sectors constituting 20% and 21% of total number of offers followed by BFSI and Healthcare & Pharma. With a class size of 903, the Post Graduate Programme in Management (PGP) at ISB is one of the largest group of top-notch experienced talent in the region.

The student body at ISB is a diverse mix of professionals across age groups, location, vertical and function, which allows recruiters from various sectors the opportunity to hire for multiple positions. The School follows an integrated system of ‘Rolling Placements Process’ which is a campus neutral, lateral hiring process spread over several months allowing students and recruiters to interact with each other and find their desired fit.