ISB continues to be the top talent destination for India Inc
The average annual accepted CTC was Rs 34.21 lakhs, a 2.5-fold increase over the pre-ISB CTC of Rs 13.39 lakhs
HYDERABAD: Recruiters from various industries hired in large numbers during the recently concluded placements for the Post Graduate Programme in Management (PGP) Class of 2023 at the Indian School of Business (ISB). Despite global economic uncertainty and the anticipated slowdown, 222 recruiting firms made 1578 offers to students, reaffirming their belief in the quality of talent offered by ISB students.
The average annual accepted CTC was Rs 34.21 lakhs, a 2.5-fold increase over the pre-ISB CTC of Rs 13.39 lakhs. 73 percent of those placed were able to change functions, while 79 percent moved to a new sector, making significant steps toward establishing careers of their choice.
The top industries in terms of offers were Consulting, IT, ITES, Technology, BFSI, and FMCG and Retail. The most popular positions that students received employment offers for were consulting, product management, sales and marketing, and general management/leadership programmes.
In addition, the Media and Entertainment, and Supply Chain and Logistics sectors were strongly represented in the companies that made offers at ISB. International job offers also showed a sign of recovery post the pandemic with 36 international offers being made this year.
More than 14 percent of the overall offers came from companies that offer leadership/general management roles in various functions. This year saw 30 first-time recruiters on campus. 36 percent of the PGP Class of 2023 were women, a proportion that is among the highest in leading business schools in this part of the world. 40 percent of the total job offers were made to women students.
Professor Ramabhadran Thirumalai, Deputy Dean – Academic Programmes, ISB, said - "ISB constantly adapts and updates its curriculum, pedagogies, and methodologies to stay ahead of the fast-changing world. This approach empowers our students to become agile, innovative, and forward-looking. The placements of the PGP Class of 2023 have reiterated that ISB students are well ahead of the curve in taking any crisis head-on and in adding significant value to their organisations."
In keeping with its core philosophy of 'One-School, Two Campuses,' ISB employs an integrated placement system for its two campuses in Mohali and Hyderabad. The entire placement process was carried out virtually for the third year in a row.