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ISB Class of 2014 placements: progress report
0The Indian School of Business (ISB), with campuses at Hyderabad and Mohali, has announced a progress update on its placements season currently underway, for the Class of 2014 of its flagship One year full time MBA (Post Graduate Programme in Management). A total of 831 offers were made as on February 28, 2014, compared to 697 offers in the corresponding period last year.
Highlights
- There has been a 50 per cent increase in the number of start-up companies participating in the placements this year. As many as 46 companies made 48 offers, according to the placements update released by the ISB on Monday
- According to ISB, the startups offered remuneration on par with the big corporates besides an upside in the form of stake or variable component to attract student
- ISB says a bulk of the offers were from the technology, telecom, e-Commerce, transportation and education and the roles offered included heads of corporate finance, operations, and international relations
- Technology and consulting sectors continued to be the largest recruiting sectors constituting 35 per cent and 21 per cent of the total offers from Apple, Cognizant, Infosys and Boston Consulting among others
- Around 63 international offers were made including those from companies based in the Gulf
- ISB has not released the salary statistics for the ongoing placements. The institute, however, claims that the placements have gone up compared to last year. Salary data will be shared in April when about 15 per cent of students takes a final call on offers.
1. Technology and Consulting continue to be the largest recruiters: Technology and Consulting sectors continue to be the largest recruiting sectors constituting 35% (287) and 21 % (171) of the total number of offers so far
| Leading Technology recruiters | Leading Consulting recruiters |
|---|---|
| Apple Cognizant Technology Solutions Infosys Ltd Microsoft | Accenture AT Kearney Boston Consulting Group Deloitte KPMG McKinsey & Co. |
2. E- Commerce constitutes larger piece of Technology pie: E-commerce companies made a total of 81 offers constituting about 28% of the overall Technology offers.
| Leading E-commerce recruiters |
|---|
| Amazon Flipkart Internet Pvt Ltd InMobi Jade eServices Private Limited Myntra.com |
3. Start-ups join war for talent: This year witnessed a 50% increase in the number of start-up companies participating in the placements process. Representing sectors such as Technology, Telecom, E-Commerce, Transportation and Education, many of these companies offered senior management roles such as Head – Corporate Finance, Head – Operations, GM – International Relations, etc. Many of the VCs funding these companies were also seen participating actively with the promoters in the hiring process.
| Startup | 2014 | 2013 |
|---|---|---|
| # Companies | 46 | 32 |
| # Offers | 48 | 26 |
| New start-ups participating this year |
|---|
| BankBazaar.com: Online marketplace for customized financial products Proptiger: Online platform offering best deals on properties in India Kirusa: Mobile Social Media and Value Added Service providers in the world Zipdial: Mobile Marketing & Analytics platform provider Zomato: Online restaurant discovery guide operating across 11 countries ZoomCar: India’s first self-drive car hire service |
4. Axis Bank’s ‘Women Leadership Programme’ returns to ISB: With an initiative that it exclusively introduced at the ISB last year, Axis bank continued to hire women students in significant numbers from the ISB for the second year running. It made 20 offers, up from 12 last year.
5. Healthcare & Pharma and BFSI remain steady: Healthcare & Pharma and BFSI sectors made equal contributions of about 8% each of the total offers as on date.
| Healthcare & Pharma | BFSI |
|---|---|
| Abott India Cipla Dr Reddy’s Laboratories Novartis Pharma AG Ranbaxy Laboratories | Axis Bank CitiBank N A Deutsche Bank HSBC Yes Bank |
UPDATE: Read ISB 2014 Final Placement Report – Rs 18.15 lakh Average Salary
6. International Companies: Around 63 international offers have been made as on date. A noticeable development this year is the participation of companies from the Middle East offering roles and packages on par with global companies. With several ISB students having prior international work experience, a majority of the international companies hire ISB students for senior management positions.
| Leading International recruiters | Country |
|---|---|
| Apple Novatis Pharma AG Luxottica Group Protiviti Member Firm SEPAM Qatar WLL Siemens AG Universal Hospitals LLC | Singapore Switzerland Italy Dubai Qatar Germany Abu Dhabi |
7. ‘Leadership Programmes’ Continue to Rise: Companies hiring ISB students for their prestigious ‘Leadership Programmes’ has become a norm over the last few years and the trend continues this year too. The number of ‘Leadership Programme’ offers as on date is 110 up from 81 offers last year.
| Companies offering Leadership Roles |
|---|
| Aditya Birla Group Bharti Airtel HCL Technologies IBM China Philips India Sanofi India |
The ISB says that the trends in the current placements season reflect the success of the ‘Integrated Placements’ process introduced last year. Through this, the school ensures campus neutral placements allowing students and recruiters an equal opportunity to interact with each other irrespective of their location.
With a class size of 770 students, the One year full time MBA (Post Graduate Programme in Management) at ISB offers one of the the largest pools of experienced talent in Asia.
The ISB follows a system of ‘Rolling Placements’, a lateral hiring process that is spread over several months, giving both recruiters and students time to find their best fit. During this period, the school also supports and encourages students in their independent search efforts to find their preferred careers.