03 Dec 2019 16:38 IST

ISB placements: Average CTC stands at ₹26 lakh on day one

In terms of compensation, there was a 124 per cent increase compared to previous year’s class

Outgoing students of the class of 2020 at Indian School of Business (ISB) have received the highest number of offers from recruiters this year in the on-going campus placements.

In terms of compensation, there was a 124 per cent increase compared to previous year’s class. There were 1,383 offers on the first day of placements, as against 1,194 offers made last year.

The average CTC on first day stood at ₹26.15 lakh per year. A total of 231 companies, including 65 first-time recruiters participated.

ISB Dean Rajendra Srivastava 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 top-quality talent pool. The diversity and experience of the PGP class are the main draws for recruiters.”

The school saw hiring from recruiters spanning a wide spectrum of industries such as consulting, IT/ITES/technology, e-commerce, BFSI, FMCG/retail, healthcare, education, media and entertainment, real-estate and infrastructure, and global capability centres.

Consulting companies such as Accenture, Alvarez and Marsal, AT Kearney, Bain and Company, Boston Consulting Group, Dalberg, Deloitte India, Deloitte USI and E&Y made a total of 314 offers.

There was ‘robust’ hiring by IT/ITES, e-commerce, and technology companies such as ADP, Amazon, Blackbuck, Byju’s, Electronic Arts, Flipkart, Google, InMobi, Media.Net Software Services, Mfine, Microsoft, Myntra, Nagarro Software, Nykaa, Ola, Paysafe, PhonePe, RazorPay, and ThoughtWorks.

BFSI companies such as Axis Bank, Citibank, Credit Suisse, Estee Advisors, ICICI Bank, Matrix Partners, and Yes Bank continued to hire in large numbers, while investment banking and private equity firms such as American Express, Barclays, and Bexley Advisors came on board this year. FMCG/Marketing companies accounted for over 7 per cent of all offers made.

Hiring for leadership roles 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.

With several students having prior international experience, international recruiters including Apple (South Asia), Deloitte Middle East, EY Parthenon, and Landmark Group hired for senior management positions.

Hiring of women students also saw an upsurge. The PGP class of 2020, at 39 per cent, has the largest-ever representation of women, according to the release.