Average CTC at ISB placements reach all-time high; school says 'unprecedented global crisis no dampener'

ISB officials said the hike is 8.32% over last year's Rs 26.12 lakh

Despite the Covid-19 pandemic causing an economic slowdown, the average accepted CTC at the Indian School of Business PGP placements this year rose to “an all-time high of Rs 28.29 lakh.”

ISB officials said the hike is 8.32 per cent over last year's Rs 26.12 lakh.

A total of 1145 acceptable offers were made to the Post Graduate Programme students in the placement week that concluded in March first week.

"As per the ISB policy, we do not disclose the highest package," one official told DH.

The 12 month MBA equivalent course is the premier business school's flagship programme.

"The unprecedented global crisis gave ISB a new opportunity to reinvent and reorient teaching modules and learning approaches. The right calibration and future-ready focus on technology and analytics enabled our students to find their place in key leadership and management positions in various organisations,” Professor Rajendra Srivastava, Dean, Indian School of Business said.

388 offers, cutting across strategy, technology, transactional and operational sectors, were in consulting space from firms such as McKinsey, Deloitte, Accenture, Bain, Kearney, PwC, KPMG. About 9.5 per cent of the total offers have come from the Banking Financial Services and Insurance segment, while five per cent are in pharma/healthcare.

“ISB has 40% women students in the cohort, among the highest in leading business schools in this part of the world. Women focused hiring Programs such as Citibank’s Catalyst and Axis Bank’s WE Lead hired women candidates for their senior and middle level leadership positions. Women candidates made their presence felt across sectors and functions and bagged 24 leadership roles from leading companies,” officials stated.

ISB has executed a complete online placement process this year. The school follows an integrated system of placements process for its two campuses – in Hyderabad and Mohal - in line with its ‘One-School Two Campuses’ tenet.