Job offers see 22% jump at Indian School of Business
As many as 310 companies made 661 offers to the students of the
Indian School of Business (ISB), many of which were senior positions,
both nationally and internationally, according to the leading city-based management
institute.
"This year an overall increase in the number of offers by 22 per cent over the last
year. The number of domestic offers increased by 19 per cent, and that of international
offers by 35 per cent over the last year," ISB Dean Ajit
Rangnekar said.
This year witnessed an overall rise in CTC (cost to company)
levels across industry segments and functions over the last year. The average outgoing
compensation was 2.3 times the average incoming compensation.
"Our focused approach to getting the right companies for the right jobs has resulted
in better fits, hence higher recruiter and student satisfaction and overall higher
CTC levels. We have also witnessed a global increase in demand across continents,"
V. K. Menon, Senior Director, Career Advancement Services, ISB, said.
There was a 35 per cent increase in international offers, with 83 offers being made
by 73 companies, from 19 cities across the globe, including West Asia, Europe, Asia-Pacific, Africa and North America.
The leading sectors for the placement season were consulting (32%), IT/ ITES (21%)
and banks & financial institutions (12%). The offers from the consulting sector
doubled as compared to last year.
Five students from 2011 batch are opted out of the placement process and enrolled
into the Entrepreneurship Development Initiative (EDI).
Courtesy: msn Education
