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Placements 2006 |
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The ISB Class of 2006 has 345 students, of which 328 participated in the Placements Process and over 145 companies visited the ISB for recruitments this year.
The Indian School of Business (ISB) has scripted a new success story with placements touching new highs for the Class of 2006. Four ISB graduates have bagged offers that have broken the USD 200,000 mark. While the highest CTC offer recorded at the ISB is USD 233,800 (Rs. 1.04 crore approx.), the average international CTC at USD 120,700 (Rs 53.5 lakhs) is a 21% jump over 2005. On the home turf, the highest domestic CTC at the ISB this year stood at Rs. 30.33 lakhs while the average Indian CTC is Rs.11.77 lakhs, reflecting an increase of 18% from last year.
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PLACEMENTS 2006 HIGHLIGHTS
| Particulars |
Numbers |
| Class Size |
345
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Average Age
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27 Years
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Average Work Experience
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5 Years
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Total number of participating students
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327
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Total number of companies that participated
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143
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Total number of offers
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442
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| Particulars |
Numbers |
| Highest International CTC |
USD 233,800 |
| Average International CTC |
USD 120,700 |
| Highest Indian CTC |
INR 3.03 million |
| Average Indian CTC |
INR 1.18 million |
| Highest International CTC for a woman student |
USD 223,400 |
| Highest domestic CTC for a woman |
INR 2 million |
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Recharging Careers
The ISB students received several senior management positions such as COO, VP-International Marketing, Head-Marketing, International Country Manager Designates, and others, from leading domestic and international companies. This is a clear indication that their work experience, enhanced by an intensive one-year grooming at the ISB, is an undeniable advantage.
Our graduates have leveraged the ISB experience to advance their career goals:
• Engineers growing beyond an engineering domain into management functions
• Consultants progressing from analyst roles into team leaders and managers
• Civil servants bringing a business mindset to government programmes
• Entrepreneurs implementing cutting-edge management practices into their businesses
Dramatic Career Shifts
Some students made dramatic career shifts. For instance, the owner of a detective agency was offered the position of VP-International Marketing, in a leading Healthcare organisation, a marine engineer was offered a senior position in a Real Estate consulting firm, etc. The ISB has not only fulfilled the dreams of aspirants who have desired to make it big in the corporate world, but have also allowed many to realise their true calling.
Our graduates have used their ISB experience to switch tracks into corporate roles:
• Defence officers looking for a transition into civilian life
• Merchant navy officers seeking the challenge of the corporate world
• Doctors wanting to leverage their medical expertise in a business environment
• A deep sea diver who found a niche management role in oil exploration
• Architects now engaged in roles as diverse as marketing, operations and consulting
Exploring New Avenues
The ISB students also chose to make their mark in new and emerging sectors such as real estate consulting, the media industry and others. They accepted offers from media companies like ABP, GBN and RPG, often as a trade-off between a higher paying job and the one on offer. Such instances are an evidence of the ISB students’ confidence in seeking new challenges. 30 of them rejected high CTC packages and lucrative international offers, favouring postings that promised challenging job profiles.
Women Set Records
When it came to record placements, women at the ISB definitely made themselves heard. They were offered leadership positions in international organisations. Of the four students who crossed the USD 200,000 mark, two were women, and one of them was offered a record USD 223,400.
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