ISB scales newer heights as average CTC increases to 28.29 LPA in the placement process 2021!

The placement process of the Post Graduate Programme (PGP) 2021 at the Indian School of Business (ISB) remained unaffected by the coronavirus pandemic. A total of 1145 offers were made at the end of the placement week and the average accepted CTC increased by 8.32% to INR 28.29 lakhs. Last year the average CTC was INR 26.12 lakhs.

ISB and its rankings

The Indian School of Business (ISB) is a global business school that offers management education to professionals at its two campuses in Hyderabad and Mohali. The school is one of the largest providers of executive education in Asia and also the most research-productive Indian management institution. It follows an integrated system of placements process for its two campuses.

ISB has grown rapidly over the past twenty years and has been ranked among the top management institutes in various rankings. It is also the youngest business school to consistently rank among the top global MBA programmes. It has received accreditations from the Association of MBAs (AMBA), EFMD Quality Improvement System (EQUIS), and the Association to Advance Collegiate Schools of Business (AACSB). Henceforth, it also gains the unique distinction of becoming the 100th business school in the world to achieve the coveted ‘Triple Crown’ accreditations - AMBA, EQUIS, and AACSB.

What were the top industries in terms of offers made?

The top industries in terms of offers made at the ISB placement process 2021 were:

Consulting
IT/ITES/Technology
BFSI
FMCG/Retail
Pharma/Healthcare

Apart from these, 35 offers were made in the urban mobility industry. Companies from FinTech, EdTech, AgriTech, and Gaming industry also participated and showed acceptance in the placement process.

Sector-wise breakdown of ISB placement process 2021

The important highlights of this year’s placement process at ISB corresponding to various domains are as follows:

Consulting

This year 388 offers were made across strategy, technology, transactional, and operational consulting space. The top consulting firms include:

McKinsey & Company
Deloitte India
Deloitte USI
Accenture Solutions Pvt. Ltd.
Bain & Company India Pvt. Ltd.
Kearney
PwC
ZS Associates
KPMG
GEP Solutions
Alvarez and Marsal India Private Limited
L.E.K Consulting
Arthur D. Little
Ernst & Young LLP
EVERSANA
Dalberg
Intueri Consulting LLP

Private & MNC Banks

Top private & MNC banks including ICICI, Axis, Yes Bank, Citibank, Credit Suisse, Barclays, Wells Fargo made numerous offers at ISB placement process 2021. Capitel Partners and VC firm Matrix Partners continued hiring in the investment banking space. 9.5% of the total offers made this year came from the BFSI segment which included non-BFSI firms hiring for finance roles. This year students at ISB earned diverse roles such as corporate finance, treasury, private banking, investment management, investment banking, and fintech.

IT/ITES/Technology and E-Commerce

In the IT/ITES/Technology and E-Commerce space, big names and startups in the Payment Solutions, Analytics, HealthTech, Education, AgriTech, Retail domains continued hiring in large numbers. Almost 25% of the total offers were made in the IT/ITES/Technology and E-Commerce space. The prominent companies that hired in this space and offered multiple roles including Product, Sales, Project Management, Strategy and Operations were:

Microsoft
Flipkart
Uber
Cisco
Atlassian
RazorPay
Myntra
Ola Electric
Zynga
Electronic Arts
Nykaa
HiLabs
BeatO

FMCG/FMCD

FMCG MNCs hired students from ISB in functions such as supply chain, operations, strategy, and finance. Some of these top FMCG/FMCD giants were as follows:

HUL
Procter and Gamble
Colgate
ITC
AB InBev
L’Oreal
Samsung

Conglomerates such as Reliance and Adani continued hiring from ISB for their prestigious leadership/management trainee programs with roles ranging from management trainees to executive assistants to CXOs. 5% of the total offers made came from the pharma/healthcare space.

ISB placement 2021 observes budding female leaders

ISB has 40% women students in the BFSI segment, which is among the highest in leading business schools in the country. Women-focused hiring programs such as Citibank’s Catalyst and Axis Bank’s WE Lead hired women candidates for their senior and middle-level leadership positions from ISB. Women candidates bagged 24 leadership roles from leading companies and made their presence felt across sectors and functions.

This year like any other B-School in India, ISB executed a complete online placement process. The high volume multi-layered process which was organized virtually drew an overwhelming response from the companies as the average offer yield per company stood at 6.18.

Professor Rajendra Srivastava, Dean, Indian School of Business (ISB) said that the unprecedented global crisis has given ISB a new opportunity to reinvent and reorient teaching modules and learning approaches. Team ISB swiftly rose to the occasion and offered the finest and the much-needed pivoting to the students. The right calibration and future-ready focus on technology and analytics-enabled our students to find their place in key leadership and management positions in various organizations. ISB has always been a repository for the finest aptitude and new skill sets, and this year's placement reiterates this fact.

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