ISB students receive 798 offers

Last Updated: Sun, Apr 28, 2013 20:20 hrs

The Indian School of Business (ISB) on Friday stated 421 companies had made 798 offers to students of the class of 2013 in an integrated placements held across its Hyderabad and Mohali campuses.

Of a total of 762 students in the class, 741 students participated in the placement process, while 21 students opted out to start their own ventures, return to their companies or family businesses.

According to ISB, the number of companies participating and offers made this year has increased 21 per cent and 27 per cent respectively over last year. With the rolling placement still underway, and around 5 per cent of the class participating in various stages of the placement process, the number of offers is expected to increase. The process will conclude in May.

The technology sector was stated to have made the largest number of offers on campus. As many as 300 offers were made by 53 companies such as Apple, Cognizant Technology Solutions, Facebook, Google, HCL, Hewlett Packard, IBM, ITC Infotech, Microsoft, and Wipro Ltd, among others.

Consulting was the second largest recruiter, contributing 163 offers from around 30 companies, including AT Kearney, Accenture, Booz & Co, Boston Consulting Group, Deloitte, Ernst & Young, Global eProcure, KPMG, McKinsey & Company, Oliver Wyman, Parthenon and PwC.

In fact, consulting and sales and marketing were the two most preferred functional areas for the ISB graduates attracting 27 per cent and 21 per cent of students respectively. Recruiting companies for sales & marketing roles included Arvind Lifestyle Brands & Retail, Bharti Walmart, Britannia Industries, Dabur India, Hindustan Unilever, Reckitt Benckiser and Videocon Industries.

Women students, who comprise 29 per cent of the class, have done well both in terms of offers received and as roles. "A highlight of this year was the 'Axis Bank - ISB Leadership Programme', where the bank selected 12 women students to build a women leadership pipeline for their organisation," ISB stated in a release.

Leadership programmes constituted around 10 per cent of the total number of offers made, and came from companies such as Aditya Birla Group, Bharti Airtel, Axis Bank, IBM India, Ranbaxy Ltd, General Electric and HCL Technologies.

The year also saw a revival in hiring for finance positions wherein leading banks and other financial institutions made a total of 75 offers on campus. These companies included Citibank NA, Delta Partners FZ LLC, Goldman Sachs, HSBC, ICICI Bank, Standard Chartered Bank, UBS AG and Yes Bank.

Pharma, healthcare and biotech sectors made 58 offers. The recruiters included Biocon, Dr Reddy's Laboratories, Johnson & Johnson, Max Healthcare Ltd, Novartis Pharma AG and Ranbaxy Laboratories.

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