Hyderabad: Indian School of Business’ (ISB) Class of 2020 of its flagship Post Graduate Programme in Management (PGP) secured 1,383 offers on day 1 this year compared to 1,194 offers last year.
The average CTC of placements stood at Rs 26.15 lakh per annum. This is more than double compared to the pre-ISB average CTC. In all, 231 companies, including 65 first-time recruiters hired from ISB this year.
Prof Rajendra Srivastava, Dean, ISB said, “Companies betting big on India continue to choose ISB as their preferred partner for meeting their talent requirements. With the largest class size in India of 890 students, ISB’s PGP offers a quality talent pool. The diversity and experience of the PGP class are the main draws for recruiters.”
ISB saw hiring from consulting, IT/ITES/Technology, e-Commerce, BFSI, FMCG/eetail, healthcare, education, media and entertainment, real estate and infrastructure and global capability centres.
Consulting companies continued to hire in large numbers with Accenture, Alvarez and Marsal, AT Kearney, Bain and Company, Boston Consulting Group, Dalberg, Deloitte India, Deloitte USI, E&Y, EY Parthenon, GEP, KPMG, McKinsey & Company, PWC DIAC, PWC India, Roland Berger, Siemens Management Consulting and ZS Associates making a total of 314 offers among them.
ADP, Amazon, Blackbuck, Byju’s, Electronic Arts, Flipkart, Google, InMobi, Media.Net Software Services, Mfine, Microsoft, Myntra, Nagarro Software, Nykaa, Ola, Paysafe, PhonePe, RazorPay, ThoughtWorks, Udaan, Uber, VMWare and Zomato too hired from ISB. Bounce, MyGate and Rupeek Fintech, among others, joined the list of recruiters this year
BFSI companies such as Axis Bank, Citibank, Credit Suisse, Estee Advisors, ICICI Bank, Matrix Partners and Yes Bank continue to hire while investment banking and private equity firms such as American Express, Barclays, Bexley Advisors, Kingfish Private Equity, National Investment and Infrastructure Fund (GOI), RBS, Waterfield Advisors and Wells Fargo came on board this year, ISB said.
FMCG/Marketing companies accounted for over 7% of all offers made: AB InBev, Coca-Cola, Colgate Palmolive, Godrej, HUL, L’Oreal, Nestle, Procter and Gamble and Samsung continued to hire from ISB; ITC and Marico joined the list of recruiters this year
Hiring for Leadership roles also saw an upswing with conglomerates such as Aditya Birla Group, Adani, CK Birla Group, Essar, Hinduja, Piramal, Reliance Industries, RPG and Shapoorji Pallonji making offers for roles ranging from Management Trainees to Executive Assistants to CXOs
International recruiters including Apple (South Asia), Deloitte Middle East, EY Parthenon and Landmark Group continued to hire from ISB for senior management positions
Hiring of women students also saw an upsurge with Axis Bank, along with a host of other companies hiring for leadership roles in good numbers. The PGP class of 2020, at 39%, has the largest-ever representation of women.
ISB follows a system of ‘Rolling Placements’, a lateral hiring process that is spread over several weeks, giving both recruiters and students time to find their best fit.