About 73 percent of those placed were able to change roles, and 79 percent moved into a new sector, making significant strides in building their chosen careers.
Updated – 15:00, Wednesday – 21 December 22
Hyderabad: The recently concluded placements for the Class of 2023 for the Graduate Management Program (PGP) at the Indian School of Business (ISB) saw recruiters from across the sectors hire in large numbers. Despite global economic uncertainty and the expected slowdown, 222 recruiting firms made 1,578 offers to students.
About 73 percent of those placed were able to change roles, and 79 percent moved into a new sector, making significant strides in building their chosen careers. The average annual CTC admitted was 34.21 lakh, 2.5 times higher than the pre-ISB average CTC of 13.39 lakh.
In terms of offerings, the top industries were Consulting, IT/ITES/Technology, BFSI and FMCG/Technology. Consulting, product management, sales and marketing, and general management/leadership programs. In addition, the Media and Entertainment, Supply Chain and Logistics sectors were highly represented among the companies that made offers at the ISB. International job offers have also shown signs of recovery after the pandemic, with 36 international offers this year, he said in a press release.
More than 14 percent of the overall offers came from companies offering leadership/management roles in various functions. This year 30 were hired for the first time on campus. Nearly 36 percent of the PGP Class of 2023 are women, one of the highest proportions of any business school in this part of the world. In total, 40 percent of all job offers were made to female students.
Prof. Ramabhadran Thirumalai, Vice-Dean, Academic Programmes, ISB, said, “The studies of the PGP Class of 2023 have reiterated that ISB students are well advanced to face any crisis and add significant value to their institutions.”