Placement Highlights for the Class of 2016

The article was written by Ankit Agarwal, Associate Director, Career Advancement Services Department at ISB.
ISB Graduates to work with Andhra Pradesh Government's Planning Department:

Twelve ISB graduates from the Class of 2016 were recruited by the Andhra Pradesh government in a first-of-its-kind collaboration between the Planning Department of the state government and ISB. These students will taken on roles in Infrastructure, Tourism and Information Technology, among others. This year, ISB initiated talks with the state governments of Haryana, Delhi and Maharashtra and other government and quasi-government bodies for similar collaborations for present and future batches.
Inroads into marquee FMCG/ marketing firms:

Apart from the more typical Sales and Marketing roles, some of the top FMCG MNCs placed lateral talent from ISB in functions such as Supply Chain, Operations, Strategy, Finance and Human Resources, despite the fact ISB does not have a summer internship programme. AB Inbev and Nestle were two valuable additions to the pool of marketing companies that came to the campus for placements — both for the first time. Bandhan Bank, the new bank on the block, hired ISB graduates for their Kolkata Head Office.
Year of E-commerce and startups:

Amazon, Flipkart, Snapdeal, Car Dekho, Practo, Paytm, Blue Stone and Oyo Rooms, among other e-commerce businesses and startups, continued with their strong presence and offered students roles in product management, sales, project management and operations.
Women’s Leadership Roles:

Axis Bank's pioneering Leadership Programme for women graduates went from strength to strength. The bank made a total of 30 offers to the Class of 2016. ISB's plan for the coming years is to work with more organisations to institute similar leadership programmes.
Strategy Consulting Rules the Roost:

There were more than 50 offers made to students by McKinsey, BCG, Parthenon and AT Kearney combined, the highest ever in ISB's history.
Other facts in numbers:
811: Class size of 2016
29%: Women in the Class
4.7 years: Median work experience pre-MBA
1.9 years to 22 years: Range of work experience pre-MBA
23: Number of Young Leaders Programme candidates in the cohort
45: Number of students with more than eight years of experience
297: Number of companies that participated in the placement process in 2016, up from 267 in 2015
1151: Number of offers made by these companies by the day of graduation
17%: Increase in number of offers as compared to previous year
98%: Students placed before graduation day
INR 72 lakhs: Highest gross Indian salary, offered to seven students
US $126,000: Highest gross International salary
INR 22.5 lakhs: Average outgoing salary, more than double the increase over the average incoming salary
INR 29 lakhs: Average salary for those with more than eight years of experience
# One industry vertical: Consulting companies provided the highest percentage of job offers
# Two industry vertical: E-commerce saw an increase of 26% in number of job offers