ISB sees 29 per cent rise in recruiters

Placements at the ISB began a week ago and the average CTC offered in this week has been Rs 25.06 lakh per annum.

By Author  |  Business Bureau  |  Published: 4th Dec 2018  10:33 pm
ISB
1,194 offers made in a week with average CTC at Rs 25L per annum.

Hyderabad: Indian School of Business (ISB), with campuses in Hyderabad and Mohali, said it has seen a 29 per cent increase in the number of recruiters coming for campus selections. Placements at the ISB began a week ago and the average CTC offered in this week has been Rs 25.06 lakh per annum.

They have so far offered 1,194 offers, higher tha 816 offers that came in the corresponding period and overall 1,136 total offers in 2018. ISB said 18 companies have made more than 15 offers. Companies like Deloitte, Accenture and Amazon have topped the list so far.

Consulting, IT/ITES, e-Commerce and BFSI sectors were the primary drawers. ISB said in the interim update on the ongoing placements for the Class of 2019 of its flagship Post Graduate Programme in Management (PGP).

With a class size of 886 students, ISB’s PGP offers the largest pool of quality talent. The diversity and experience of the class makes ISB attractive to recruiters. “ISB is the preferred partner for many companies. In some cases, ISB is the only campus where some visit for their India placements. The number of offers is a vote of confidence on the quality of ISB students”, said Rajendra Srivastava, Dean, ISB.

The report further said companies like Amazon, Bain, BCG, Deloitte, Flipkart, Google, HDFC Bank, LEK Consulting, McKinsey, Microsoft, Oyo Rooms, Reliance Industries, Rivigo, Samsung, Uber have reported their largest single-campus hiring from ISB this season.

BFSI hiring has seen a spike this year with recruiters like Barclays, Citibank, Credit Suisse, HSBC, JP Morgan, ICICI Bank, Matrix leading the way.

Top international recruiters include Apple, E&Y, GrabTaxi, Li and Fung for locations in the Middle East, Hong Kong, North Africa and Singapore.

Startups have also made their presence felt with players Bizongo, Cars24, Magicpin, Paytm, Shuttl, Swiggy, Udaan.com, Zomato coming to ISB for recruitment.

Punjab Bureau of Investment Promotion (InvestPunjab) too had visited the campus for the first time to hire talent to boost their investment promotion and facilitation team.

In all, of the total offers made, 35% were for women- the Class of 2019 has 306 women, the highest so far.

ISB follows ‘rolling placements’, a lateral hiring process that is spread over several weeks, giving both recruiters and students time to find their best fit. The final placements report for the Class of 2019 will be released in March 2019, it said.