Indian School of Business (ISB) has been at the forefront when it comes to supplying top MBA talent to corporates. No wonder that such a young Business school (established less than 20 years ago in 2001), has been able to earn a position in the “Indian Ivy League”. Placements at ISB, for its flagship MBA (PGP) programme, have always been an area of interest. And why not? – it speaks about the quality of the students, the faculty and the quality of the school as a whole.
ISB’s MBA placements have been “record-breaking” for the past few years, surpassing its own previous records each year and this year was no different. The class of 2020 saw 1,383 offers coming their way on Day 1 vs. 1,194 offers for the class of 2019.
The average CTC for Day 1 placements was Rs. 26.15 lakhs per annum. This is the highest “average CTC” in the history of ISB’s MBA programme and is well above the previous years’ average of Rs. 25 lakhs.
Out of the 890 students in ISB’s MBA class (across its two campuses in Hyderabad and Mohali), 884 participated in placements. Despite a big class size (almost 3x of some other top Indian schools), 85% students got placed on Day 1 !
Continuing the historical trend, Consulting firms were major recruiters from ISB with marquee names such as McKinsey & Company, Boston Consulting Group (BCG), Bain & Company, and AT Kearney hiring in large numbers. The Big 4 firms, i.e Deloitte, Ernst & Young (EY), PwC and KPMG also hired significantly. Overall, there were 314 offers made by consulting firms, confirming their belief in student quality at ISB.
Hiring for general management and leadership programs also saw an uptick. Major corporates such as Aditya Birla Group, Reliance, Adani, and Piramal hired for Chief of Staff and other important roles.
E-commerce / start-up poster boys such as Uber, Ola, Zomato, Flipkart and Amazon also hired Product Managers, Program Managers and Strategy guys in big numbers from the school’s latest MBA class.
The BFSI sector was represented by Big banks such as Citi, Credit Suisse and Barclays as well as Private Equity / Venture Capital firms such as Matrix Partners who hired the best of the best from the class.
Global companies such as Apple, Deloitte, EY Pathenon, and Landmark Group also hired ISB MBAs for international roles, especially looking to fill senior executive positions with students having significant prior experience.
These numbers, despite an economic slowdown, showcase the resilience of ISB’s placements and demonstrate the quality of talent in its MBA class.
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Source: ISB, S4G analysis