Hyderabad: Despite the unprecedented global crisis due to Covid-19 pandemic, Indian School of Business (ISB) placements set a new record in terms of CTC.
The average accepted CTC during the placement process of the 2021 students of the Postgraduate Program (PGP) was the highest mark of R.28,29 lakh.
A total of 1145 acceptable offers were made by the end of the recently completed placement week and the average accepted CTC was a high point of Rs. 28.29 lakh, an increase of 8.32 per cent compared to last year’s CTC of 26.12 lakhs during the placement week.
The best industries in terms of offerings were Consulting, IT / ITES / Technology, BFSI, FMCG / Retail and Pharma / Healthcare. The city mobility industry has also given 35 presentations that reflect the changing dynamics and growth of the business. Companies from FinTech, EdTech, AgriTech and Gaming showed their involvement with ISB, the best business school said.
“The unprecedented global crisis has given the ISB the opportunity to rediscover teaching modules and learning approaches. Team ISB quickly got the opportunity and offered the best and the much-needed turn to the students, ”says Professor Rajendra Srivastava, Dean, ISB.
“The right calibration and future focus on technology and analysis has enabled our students to find their place in important leadership and management positions in different organizations. ISB has always been a repository for the best skills and new skills, and this year repeats this post, ”he added.
Nearly all of the top-level strategy, operations, and technology consulting companies offered a total of 388 offerings cut through strategy, technology, transaction, and operational consulting space.
Top consulting firms include McKinsey & Company, Deloitte India, Deloitte USI, Accenture Solutions Pvt. Ltd., Bain & Company India Pvt. Ltd., Kearney, PwC, ZS Associates, KPMG, GEP Solutions, Alvarez and Marsal India Private Limited, LEK Consulting, Arthur D. Little, Ernst & Young LLP, EVERSANA, Dalberg and Intueri Consulting LLP.
Major private and MNC banks such as ICICI, Axis, Yes Bank, Citibank, Credit Suisse, Barclays, Wells Fargo, among others, competed for talent from ISB and gave a large number of offers. In investment banking, Capitel Partners and the VC firm Matrix Partners continued their leasing at ISB. This year, nearly 9.5 percent of total offerings come from the BFSI segment. This includes non-BFSI businesses that rent for financial roles.
ISB has 40 percent female students in the group, which is one of the highest in leading business schools in this part of the world. Women’s focus on rental programs such as Citibank’s Catalyst and Axis Bank’s WE Lead have appointed women candidates for their senior and middle level leadership positions at ISB. Women candidates made their presence felt in sectors and functions and held 24 leadership roles from leading companies.
Marquee names, as well as start-ups in the domain of Payment Solutions, Analytics, HealthTech, Education, AgriTech, Retail, continued with strong rents in the technology and product management space from campus, among others.
Almost a quarter of the total offerings come from IT / ITES / Technology and electronic commerce. Some prominent names hired in this space are Microsoft, Flipkart, Uber, Cisco, Atlassian, RazorPay, Myntra, Ola Electric, Zynga, Electronic Arts, Nykaa, HiLabs, BeatO. presence and various roles offered.
Conglomerates such as Reliance and Adani have continued to enter into discussions with ISBs to fulfill their prestigious leadership / management training programs with roles ranging from management apprentices to executive assistants to CXOs. Offers of five percent come from the pharmaceutical / healthcare space. In addition to sales and marketing, some of the top FMCG MNCs have incorporated ISB’s lateral talent into functions such as supply chain, operations, strategy and finance. FMCG / FMCD giants like HUL, Procter and Gamble, Colgate, ITC, AB InBev, L’Oreal, Samsung still have the confidence in ISB students.
Due to the changed business scenario, ISB has implemented a complete online placement process. “The average bid return per company was 6.18, reflecting the diverse features for which companies are hiring and is an indication of the continuity of our relationship with recruiters, even in uncertain times,” the ISB said.
Source: The Siasat Daily