The ISB continued it's impressive placement record with an outstanding placement season for the second batch of students of the Post Graduate Programme in Management.

The Class of 2003 received 222 offers extending across various industries - Consulting, Finance, Marketing - to name a few. The Indian salary average was INR 8.3 lakhs, while the highest offer received was INR 18 lakhs. Offers for international positions were spread across the US, the Middle East, and Asia, with the highest offer being USD 103,333.

The ISB's comprehensive career development programme helped students explore a wide range of career opportunities. The distinctive focus on lateral placements translated into 180 offers for lateral positions with a noteworthy 83% of the Class receiving lateral offers.

Students enhanced their careers through their interaction with faculty, their peer group, and the career opportunities provided by the School with more than 50% of the Class of 2003 making career shifts this year.

Class of 2003

Students in the flagship Post Graduate Programme in Management come from diverse educational, social, and ethnic backgrounds. The ISB's distinctive admission criterion of prior work experience means that students also bring in rich and wide-ranging professional experience.

Profile of the Class of 2003 at the Time of Enrolment

* Others: Aviation, Planning & Manufacturing, Medicine, Legal, Construction, Government & PSU, Hospitality, Shipping, NGO, Travel.

No. of students with International Work Experience : 26
Average Salary (pre-ISB) : INR 4,25,000

Rolling Placement Process

The ISB follows a unique Rolling Placement Process, which is recruiter-friendly; assisting organisations make sound hiring decisions for their middle-level and senior management positions. The process is spread over a three-month timeframe.

Lateral Hiring at ISB

The ISB's Rolling Placement Process is designed to augment lateral hiring into companies, a concept successfully pioneered by the ISB in India. A lateral hire is described as any recruitment excluding 'entry level' positions.

A measure of the success of ISB's lateral placement process is the180 lateral offers made by recruiters this year. 83% of the placements for the Class of 2003 were for lateral positions distributed across various functions in middle and senior management, including the position of Chief Executive Officer.

Several students made career shifts this year, moving across Consulting, Financial Services, Manufacturing, IT, Telecom, and Media.

2003: Career Shifts by Function

Class of 2003: Placements Results

Total no. of Students : 169
No. that participated in Placement Process : 155
No. that returned to Previous Employer : 14
Total no. of Recruiters : 139
No. of Offers : 222
No. of International Offers : 12
No. of Lateral Offers : 180

Mail your comments at: webmaster@coolavenues.com
-----------------------------------------------------------------------