The Indian School of Business (ISB) witnessed the most number of job offers for students of its flagship Post Graduate Programme in Management in the first week of campus placements for the class of 2019. The average cost to the company (CTC) was ₹25.06 lakh per annum. The integrated placements process for its two campus’ at Hyderabad and Mohali concluded last week.
The total number of offers made were 1,194 for a class size of 886, in comparison to 816 offers in the corresponding period last year and 1,136 offers for the class of 2018 which graduated early this year. The class of 2019 will graduate in March-April next year.
Of the total offers made, 35 per cent were for women candidates; the class of 2019 has 306 women students — the highest so far. The institute saw an increase of 29 per cent in the number of recruiters who participated in the process this year. Consulting, IT/ITES, e-commerce and BFSI sectors were the primary drawers. Eighteen companies, including Deloitte, Accenture and Amazon, which topped the list, made more than 15 offers.
Companies such as Amazon, Bain, BCG, Deloitte, Flipkart, Google, HDFC Bank, LEK Consulting, McKinsey, Microsoft, Oyo Rooms, Reliance Industries, Rivigo, Samsung and Uber reported their largest single-campus hiring from ISB this season.
BFSI hiring saw a spike with marque recruiters such as Barclays, Citibank, Credit Suisse, HSBC, JP Morgan, ICICI Bank and Matrix leading the way. Top international recruiters included Apple, E&Y, GrabTaxi, Li and Fung for locations in the Middle East, Hong Kong, North Africa and Singapore
The strong start-up surge in the country made its presence felt through new-age technology companies such as Bizongo, Cars24, Magicpin, Paytm, Shuttl, Swiggy, Udaan.com and Zomato.
“ISB is the preferred partner for many companies. In some cases, ISB is the only campus where some of these companies visit for their India placements. The unprecedented number of offers, this early in the process, is a vote of confidence on the quality of ISB students,” said Rajendra Srivastava, Dean, ISB, said.
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. The final placements report for the class of 2019 will be released in March 2019.