The Indian School of Business (ISB), Hyderabad, has completed placement of its management class of 2012.
The B-school, which runs a one-year management programme, saw a total of 631 offers for the 528 participating students, from 348 companies. This included several first-time recruiters.
"It is heartening to witness the diversity of companies participating in the process that demonstrates their confidence in ISB and its students. This is also a testimony to the success of our alumni and their acceptance in the corporate world. We believe that the Class of 2012 will take the ISB legacy forward, leaving their mark in their chosen fields,” said Deepak Chandra, deputy dean.
Despite the bad shape of the global economy, international companies made 92 offers this year as against 83 last year. Positions were offered across 11 countries, namely, Germany, Switzerland, Italy, UK, USA, Dubai, Nigeria, Singapore, Malaysia, Sri Lanka and Hong Kong. Companies including Apple, Astra Zeneca, Bloomberg, Booz, BT, Delta Partners, Expedia, GE, Goldman Sachs, and PRTM were among a list of 73 participating companies.
A total of 87 offers were made to students for global leadership roles by 27 companies – a significant rise from 28 such offers by 19 companies last year. Participating companies included Abbott, Aditya Birla Group, Bharti Airtel, Citibank, DuPont, GE, HCL Technologies, Ingersoll-Rand, Philips, Pfizer, Siemens AG, Luxottica Group and YES Bank.
"ISB saw a spurt in the number of offers for various global leadership programmes of leading companies. These are fast-track leadership programmes, where the company chooses highly talented professionals and grooms them for senior management roles," the institute said in a press statement.
The consulting sector continued to be in demand, constituting over 30 per cent offers from companies such as AT Kearney, Accenture, Booz & Co, Deloitte, Diamond Consulting, Gallup Pte Ltd, KPMG, McKinsey & Co, Parthenon Group, PRTM, PwC, The Boston Consulting Group and Valcon Management Consultants.
The technology sector was the second leading sector yielding about 28 per cent of offers through roles in technology consulting, sales, product management and project management. The companies in the sector include Apple, Cognizant, Facebook, Google, IBM India, Infosys, Microsoft, and Siemens AG.
Companies from the e-commerce and digital space made their presence felt this year constituting a total of 28 offers from six companies, as against the six offers from two companies in the previous year.
Companies in this space included Amazon, Cleartrip, Expedia Flipkart, MakeMytrip and Myntra.
Another sector which recruited in big numbers included pharma and biotech. A total of 27 companies including Astra Zeneca, Biocon, Dr Reddy’s, Eli Lily, Indegene, Johnson & Johnson, Merck, Novartis, Pfizer, made 41 offers this year, as against 28 companies making 30 offers the previous year.
The placement season of its eleventh graduating class saw 46 students opting out of the placement process to join their previous employers, return to their family businesses, start their own ventures, etc. About 5 per cent of the class is in various stages of the rolling placements process that will conclude by the end of May.
ISB follows a system of ‘Rolling Placements’, a lateral hiring process that is spread over several months, giving both recruiters and students time to find their best fit.