ISB Placement Report 2022: ISB (Indian School of Business) Hyderabad and Mohali released the final placement for the PGP batch 2022. Average salary offered is INR 34 Lakh per annum which is highest in the country. In the finance space, Axis Bank, Credit Suisse, Barclays, Goldman Sachs, and Wells Fargo were among others who recruited from the B-School. ISB said of the total students, 39% are women graduates and they cumulatively received 41% of the total offers.
The Indian School of Business (ISB) has completed the final placement of the outgoing batch with an average salary of INR 34.05 lakh per annum.
While the average salary went up by 20.78 percent, consulting firms emerged as the top recruiters by making 37% of the jobs offers to the graduating students, the premier private B-School said. ISB has two campuses in Hyderabad and Mohali.
The B-School said in this campus placement season, its graduates witnessed several highs and firsts as 270 companies made an “unprecedented number of 2,066 acceptable offers at the end of the placement week”.
“The acceptable offer ratio translates to an average of more than two offers per student. The average accepted cost to company (CTC) of INR 34.07 lakh is an increase of 20.78% compared to last year’s CTC of INR 28.21 lakh,” ISB claimed. Overall 900 students sat for the placement, and 29 opted out of the process.
“Established conglomerates and startups alike, have made ISB their campus of choice when scouting for high-quality talent,” said Ramabhadran Thirumalai, Deputy Dean, Academic Programmes at ISB.
ISB said of the total students 39% are women graduates, and they cumulatively received 41% of the offers.
The consulting firms made offers across strategy, technology, transactional and operational consulting space. Firms like McKinsey & Co, Bain & Co, Boston Consulting Group, Deloitte India, Accenture Solutions, Kearney, PricewaterhouseCoopers, LEK Consulting, Arthur D. Little and EY Parthenon Strategy MENA made good offers.
In the banking and finance space, Axis Bank, Credit Suisse, First Rand Bank, Barclays, Goldman Sachs and Wells Fargo, Kotak Mahindra Capital Company, Merisis Advisors made offers to ISB students. Private equity and venture capital firms like Gaja Advisors, Matrix Partners, W Health Ventures too hired from ISB. This year 9.78% of the total offers come from the BFSI segment.
Conglomerates such as Aditya Birla Group, RIL, JSW Group, and Adani Enterprises hired ISB grads. In the diverse IT and IT enabled segment companies like Google, Microsoft, Flipkart, Uber, Cisco, Tata Digital, Jio Platforms, Ola Electric, Zynga, Nykaa, Dream11 and Paytm were among among others who made almost 26% of the total offers.
A robust campus placement season continues at top Indian institutions. After a strong session at Indian Institutes of Technology (IITs), leading B-Schools are reporting good job offers. Source: Money Control.