Record Compensation and Recruiters for ISB Students in An Economic Slowdown

Despite an economic slowdown in the Indian economy, ISB’s Class of 2020 received the highest ever number of offers from recruiters this year and saw a 124 per cent jump in their compensation compared to their pre-ISB CTC.

Professor Rajendra Srivastava, Dean, ISB said, “ISB was established with a vision to create future leaders for India and the world. 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.”

ISB’s Post Graduate Programme has been ranked #24 in the FT Global MBA Rankings 2019 and #7 in the Forbes Best Business School Rankings 2019. ISB alumni continue to do well in their careers. The 10600-strong ISB alumni community work closely with the School in bridging ISB-Industry connections. 

In the latest placements, 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. 

Fig. 1: The sectors which accounted for the maximum offers

Consulting companies continued to hire in large numbers with Accenture, Alvarez and Marsal, AT Kearney, Bain and Company, Boston Consulting Group, Dalberg, Deloitte India, Deloitte USI, E&Y, EY Parthenon, GEP, KPMG, McKinsey & Company, PWC DIAC, PWC India, Roland Berger, Siemens Management Consulting and ZS Associates making a total of 314 offers between them.

Fig. 2: Job functions with most offers

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

Hiring of women students also saw an upsurge with Axis Bank, along with a host of other companies hiring them for leadership roles in good numbers. The PGP class of 2020, at 39 per cent, has the largest-ever representation of women. ISB follows a system of ‘Rolling Placements’, a lateral hiring process that is spread over several weeks, giving both recruiters and students time to find their best fit.  The number of placement offers made this year speaks volumes of not only the quality of student intake but also the world class faculty who create an environment where academics meets practical application. 

About the writer:

Ankita Dhawan is a Research Associate for the Women’s Excellence Initiative at ISB.