You are here: Home » Current Affairs » News » National
Business Standard

ISB students get record number of placement offers in 2016

Top consulting firms like McKinsey, EY, Deloitte & KPMG continued to be the big recruiter at the business school


BS Reporter  |  Hyderabad 

Jobs image via Shutterstock
Jobs image via Shutterstock

A total of 1,093 job offers were made to the 812-strong Class of 2016 at the Indian School of Business (ISB), which has campuses at Hyderabad and Mohali, for its flagship postgraduate programme in management (PGP).

Top consulting firms like McKinsey, Boston Consulting Group, EY, Deloitte and KPMG continued to be the big recruiters, accounting for 19 per cent of offers.

Technology firms like Microsoft, Apple, Philips, HCL, Tech Mahindra and Directi were also present in strength, making offers to 11 per cent of the class. E-commerce companies such as Amazon and Flipkart consolidated their presence and have made 109 offers so far, while constituting 10 per cent of total offers so far.

In a first, the Andhra Pradesh government has made offers to 11 students, who will become Chief Minister's Fellows. They will help the state with strategic initiatives and implementation of policies that will contribute to its vision of becoming a major investment destination.

ISB said on Thursday that large corporate groups and start-ups alike competed to hire talent from the two campuses, resulting in an all-time high of 1,093 offers.

Start-ups picked up seven per cent of students across sectors like technology, telecom, e-commerce, transportation and education with senior management roles on offer. Health care and pharma sectors made equal contributions of about eight per cent of offers each.

A highlight was the shift to a flexible hybrid model that included exclusive days for recruiters who had elaborate hiring processes. Apart from resulting in the highest number of job offers this year, the hybrid model also resulted in higher pay packages.

This year, 92 offers for senior leadership roles and global leadership programmes were made. Several of these included offers made to women students as well.

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Thu, March 03 2016. 23:18 IST