The Indian School of Business bagged excellent placement offers this year. While the average domestic salary was Rs 15.03 lakhs, the highest domestic offer was Rs 43.9 lakhs. The average international salary was $135,000 (Rs 59.5 lakhs) while the highest international salary was $269,000 (Rs1.18 crore).
"The high CTC levels demonstrate the confidence that companies have in the high quality of the ISB's management talent, said Rammohan Rao, Dean, ISB. He also added a word of caution saying, "We need to take a balanced view of international offers given by multinational companies. I urge everyone to use these figures in the proper context so that potential students may get the correct picture of what they can achieve in a management institution." An interesting trend witnessed at the ISB this year saw a large number of students opting for domestic offers. "Many ISB students come with international work experience and after a year of learning and exposure to global faculty and management practices, they are keen to develop careers in India," said Ajit Rangnekar, Deputy Dean, ISB.
Even those who opted for international offers have plans to return to India later. "Increasingly, job content and location, are becoming top priorities for selecting an offer," added Rangnekar.
"Many of us look for challenging roles that give us the freedom for entrepreneurial expression," says Meera Sridharan, who has opted for a domestic offer after working in a multinational company in the USA.
"I was keen to be located in Chennai, near my family and I am happy that I got an offer from a company that had the flexibility to help me do so."
The number of offers from financial services sector more than doubled to 97 offers this year while a large number of offers continued to come from consulting companies. Companies from several new sectors like real estate, oil and energy, media, manufacturing, microfinance, NGO, education and healthcare also recruited students .
The Class of 2007 had 416 students graduating the Post Graduate Programme in Management, of these 414 students participated in the placement process. Over 200 companies visited the ISB campus making a total number of 584 offers.
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