The Class of 2020 recorded 1.7 offers per student. To compare, the Class of 2020 at IIM Bangalore, India's top-ranked business school as per the Financial Times, received 1.01 offer per student. The institute has achieved such a successful placements season despite having the second largest batch size in half a decade.
ISB has also recorded a 16 percent increase in the total number of recruiters registering for the placements process. A total of 433 recruiters participated in the hiring process for the Class of 2020 at ISB, of which over 96 were first time recruiters and extended 18 percent of the total offers to the graduating PGP batch. Additionally, 37 companies offered more than 10 job offers each to the batch.
ISB's Class of 2020 Receives Average Domestic Salary of ₹25.72 LPA - An Increase of 2 Percent Over Last Year
ISB's Class of 2020 has received an average domestic salary of ₹25.72 lakhs per annum, and a mid-80th percentile median salary of ₹24.10 lakhs per annum.
Function-wise, Business Research, Engineering, Product Development, Operations, and Product Management are amongst the top-6 functions with the highest mid-80% mean CTC. Compare this with last year, where the functions with the highest mid-80% average CTC were Technology, Consulting, Product Management, Finance, and Services.
Industry-wise, the Telecom, Urban Mobility, Transportation/Logistics/Operations, FMCG/FMCD, and Consulting industries emerged as the top-5 industries in terms of the mid-80th percentile average salaries offered to the PGP Class of 2020 at ISB.
5-Year Trends Analysis of Salaries Offered To ISB Graduates
What kind of salaries have ISB's fresh PGP grads. received over the past 5 years? What does the graph of ISB's median and average salary look like over a period of half a decade? Are there any anomalies? What is the rate of increment in the remuneration offered to ISB grads Y-o-Y?
Through the graphs and charts below, it emerges that the Indian School of Business has seen a maximum of an 11 percent increase (2018-2019) and has also seen a decline of of nearly 5 percent (2016-2017) in a period of 5 years in the average salary offered to PGP batches. The mid-80% median salary has seen a steady increase over the years and has increased marginally in 2020 as compared to 2019.
The graphs below are interactive.
Consulting Is Once Again The Most Sought-After Job Function For ISB Grads, Followed By Sales & Marketing + Strategy Roles
The Indian School of Business is known for its Consulting placements, with the likes of the MBB firms and other top firms hiring from the PGP batches over the years. This year again, Consulting has led as the most popular function for ISB's MBA graduates, with 23 percent of them opting for these roles.
Product Management, Sales & Marketing, and General Management roles comprised 16 percent each of the total number of offers, followed by Operations roles (8%).
Though at most of the top IIMs in the country, Finance and Consulting roles dominate the placements process, the popularity of Finance roles at ISB has never gone beyond the 10 percent mark over the past five years, with 7 percent of the Class of 2020 opting for Finance roles.
The graphs below are interactive.
Companies In The Consulting, IT/ITES, And BFSI Industries Offer Maximum Percentage of Offers To PGP Class of 2020 At ISB
Unsurprisingly, the maximum number of offers received by the PGP Class of 2020 at ISB came from the Consulting industry (22%). Other industries amongst the top-5 in terms of total number of offers extended include IT/ITES, BFSI, E-Commerce, and Consumer Goods/Retail.
The graph below is interactive.
For more details on the complete list of recruiters at ISB over the past 2 years and function-wise details of the placements process at the institute, check out the complete placement report on the official ISB website.
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