Thursday, December 26, 2024

ISB students get record number of offers in placements 2016

Thursday, March 3, 2016, 11:28
This news item was posted in Business category and has 0 Comments so far.

NEW DELHI: A total of 1093 job offers were made to 812 students of Class of 2016 at the Indian School of Business for its flagship Post Graduate Programme in Management (PGP). ISB has campuses at Hyderabad and Mohali. Top consulting firms like McKinsey, Boston Consulting Group, EY, Deloitte and KPMG continue to be big recruiters at the School accounting for 19 per cent of the total offers, according to a statement from the business school. Technology and technology services firms like Microsoft, Apple, Philips, HCL, Tech Mahindra and Directi made offers to 11 per cent of the class. E-commerce companies such as Amazon and Flipkart also consolidated their presence and have made a total of 109 offers so far while constituting 10 percent of the total offers to date. The Government of Andhra Pradesh has made offers to 11 ISB students who will become Chief Minister’s Fellows. They will support the emerging state on strategic initiatives and implementation of policies that will contribute to its ambitious vision to emerge a front running state in the country and as a major investment destination. A highlight of this year’s placements season at ISB is the success of the shift from a purely structured system of the previous years, to a flexible hybrid model that also included exclusive days for recruiters who had elaborate hiring processes. Apart from resulting in the highest number of job offers this year, the hybrid model of placements also resulted in higher pay packages to the 812 strong Class of 2016, according to ISB. A total of 92 offers for senior leadership roles and global leadership programmes were made. These include several CXO level positions. Several of these included offers made to women students as well. Axis Bank alone, which runs its ‘Women Leadership Programme’ at ISB, has made 30 offers, up from the 18 last year. Around 20 international companies have made 73 offers so far, the statement added. Interestingly, startups competed with established recruiters picking up seven per cent of the class across sectors like technology, telecom, E-Commerce, transportation and education with senior management roles on offer. BFSI, Healthcare & Pharma sectors remained steady and made equal contributions of about eight per cent each of the total offers as on date.

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