ISB - Placement Summary - 2007

Summary of the placements at ISB in 2007

For the first time since the last five years, the ISB has attracted companies from Australia and Italy. Leading companies based in Germany, Switzerland, Middle East, USA, UK, Singapore etc are visiting the campus. This year, a company recruited two groups of students as core management teams to run stand alone businesses. These groups of 4/5 students will responsible for setting up the project from Ground Zero and leading it to become a success.

In a press release to The Hindu, Dr. Rammohan Rao said: "Now on a sharp growth curve, the Indian economy provides opportunities for our students to grow with it. Taking a balanced view and opting for strong roles irrespective of compensation is a mark of maturity. I am glad to see that the youth of India are demonstrating confidence in their abilities and in our economy," he said. Among the `non-traditional' sectors increased are several international and domestic companies and of particular interest are micro-finance companies, NGOs, real estate, retail, infrastructure like steel, cement, oil and natural gas. Companies looking to make offers for senior management roles include Holcim Ltd (a leading Global player in cement industry), Tischman Speyer (a leading real estate and consulting agency), Italcementi S.p.A (fifth-largest cement producer in the world), Arcelor Mittal (Largest steel producer in the world) and Santos (A major Australian oil and gas exploration and production company with presence in Australia, USA, Papua New Guinea and Egypt).

HIGHLIGHTS

Class Size 416
Average Age 27 Years
Average Work Experience 5 Years
Total number of participating students 414
Total number of companies that participated 202
Total number of offers 581

Highest International salary USD 2,69,000
Average International salary USD 135,000
Highest Indian salary INR 43,91,000
Average Indian salary INR 15,03,000
Highest International salary for a woman student USD 161, 000
Highest domestic salary for a woman INR 2, 700, 000

A word of caution:- When ISB computes the average domestic and international salaries, it takes into account all offers that have been made to the students independent of whether they have been accepted or not. For example, a student gets three offers - two domestic offers of INR 2 million and INR 3 million per annum and one international offer of USD 150,000 per annum and he accepts only the domestic offer of INR 3 million per annum, then ISB takes into account all the three offers for computing averages and not the one that has been accepted by the student. Please be careful while understanding the averages as these averages refer to the offers made rather than to the offers accepted. The above figures are based on the Cost to the Comapny (CTC) which may include monetary benefits that could be realised only after a lapse of time like two to three years. It also includes the signing bonus, which may not recur subsequently.