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ISB’s PGP Placement 2020 Sees Average Salary Rise to Rs 26.15 Lakh (Interim Report)

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The first week of the placement season at the Indian School of Business (ISB) for the one-year full-time PGP Class of 2020 saw an average salary offer of around Rs 26.15 lakh. 

This article covers the interim placement report for ISB’s Class of 2020

ISB PGP Placement 2020 | Salary Statistics | Dean’s Comment | Class Profile | Major Recruiters | About ISB

Indian School of Business (ISB) on 03rd December 2019 announced an interim progress update on the ongoing placements for the Class of 2020 of the flagship Post Graduate Programme in Management (PGP).

Placement Highlights

This was a nearly 124% increase over the previous year’s figure for the Class of 2019. 

ISB said that there were 231 companies, including 65 first-time recruiters hired from ISB this year. The companies, domestic and international, came up with a total of 1,383 offers. 

As per ISB, they follow a system of ‘Rolling Placements’, a lateral hiring process that is spread over several weeks, giving both recruiters and students time to find their best fit.

Dean’s Comment

Professor Rajendra Srivastava, Dean, ISB said, “ISB was established with a vision to create future leaders for India and the world. Companies betting big on India continue to choose ISB as their preferred partner for meeting their talent requirements. With the largest class size in India of 890 students, ISB’s PGP offers a top-quality talent pool. The diversity and experience of the PGP class are the main draws for recruiters.”

Placement Details

At ISB, Recruiters from a wide range of industries hired the PGP 2020 students such as Consulting, IT / ITES / Technology, E-Commerce, BFSI, FMCG / Retail, Healthcare, Education, Media and Entertainment, Real Estate and Infrastructure, and Global Capability Centres.

In Consulting, the major recruiters were Accenture, Alvarez and Marsal, AT Kearney, Bain and Company, Boston Consulting Group, Dalberg, Deloitte India, Deloitte USI, E&Y, EY Parthenon, GEP, KPMG, McKinsey & Company, PWC DIAC, PWC India, Roland Berger, Siemens Management Consulting and ZS Associates. They hired a total of 314 students between them.

IT/ITES, E-commerce and Technology recruiters were ADP, Amazon, Blackbuck, Byju’s, Electronic Arts,Flipkart, Google, InMobi, Media.Net Software Services, Mfine, Microsoft, Myntra, Nagarro Software, Nykaa, Ola, Paysafe, PhonePe,RazorPay, ThoughtWorks, Udaan, Uber, VMWare and Zomato being among the marquee names and startups that continued to hire from ISB while Bounce, MyGate and Rupeek Fintech, among many others, were the first time recruiters.

BFSI companies in the recruiters list consist of Axis Bank, Citibank, Credit Suisse, Estee Advisors, ICICI Bank, Matrix Partners and Yes Bank continue to hire in large numbers while Investment Banking and Private Equity firms such as American Express, Barclays, Bexley Advisors, Kingfish Private Equity, National Investment and Infrastructure Fund (GOI), RBS, Waterfield Advisors and Wells Fargo came on board this year.

FMCG / Marketing companies accounted for more than 7% of the total offers made: AB InBev, Coca-Cola, Colgate Palmolive, Godrej, HUL, L’Oreal, Nestle, Procter and Gamble and Samsung continued to hire from ISB; ITC and Marico joined the list of recruiters this year.

Hiring for Leadership roles also boosted up with conglomerates such as Aditya Birla Group, Adani, CK Birla Group, Essar, Hinduja, Piramal, Reliance Industries, RPG and Shapoorji Pallonji making offers for roles ranging from Management Trainees to Executive Assistants to CXOs.

International recruiters like Apple(South Asia), Deloitte Middle East, EY Parthenon and Landmark Group hired students with prior international experience for senior management roles.

The hiring of women students also saw an upswing with Axis Bank, along with a host of other companies hiring for leadership roles in good numbers.

ISB PGP Class Profile 2020 (Including Hyderabad and Mohali campuses)

  • Number of students 896
  • Female 39%
  • Male 61%
  • Average Age 26.6 Years
  • Age Range 22-46
  • Average GMAT Score 710
  • GMAT Score Range 600-770
  • Average GRE Score 325
  • GRE Score Range 311-334
  • Average Work Experience 4.3 Years
  • Work Experience Range 2-20
  • Engineering Academic Background  68%
  • Non-Engineering Academic Background 32%
  • International Passport Holders 14

The PGP class of 2020, at 39%, has the largest-ever representation of women.

Sector-wise Placement

The sectors with the maximum offers are as follows:

INDUSTRY SEGMENT % OF TOTAL OFFERS
Consulting 22.75%
IT / ITES 14.93%
E-Commerce 11.30%
Banks / Financial Institutions / Financial Services 11.23%

Function-wise Placement

The functions with the maximum offers are as follows:

FUNCTION % OF TOTAL OFFERS
Consulting 23.79%
Sales and Marketing 15.40%
Product Management 15.04%
General Management/ Strategic Planning 13.09%
Operations 7.52%

 

About ISB

The Indian School of Business is a private B-School. ISB was established in 1996 and has campuses in Hyderabad and Mohali. 

The Hyderabad campus came up almost two decades ago in 2001.  ISB has an impressive campus in the bustling IT city of India.

In 2008, the Indian School of Business became the youngest institution to be ranked among the Top 20, in the Global B-school Rankings by the Financial Times, London. 

ISB’s Post Graduate Programme has been ranked #24 in the FT Global MBA Rankings 2019 and #7 in the Forbes Best Business School Rankings 2019.

To know more about ISB PGP please check  ISB PGP I INDIAN SCHOOL OF BUSINESS – COMPLETE GUIDE 2019-2020

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