Technology and Consulting emerged as leading recruitment sectors in the first “integrated placements” held across Hyderabad and Mohali campuses for the class of 2013 of the Indian School of Business.
With the ISB making out all out efforts to reach out to a large number of recruiters through the integrated concept, it has attracted the highest number companies - 421 (a 21 per cent increase over last year) and largest number of offers - 798 (increase of 27 per cent). Although around five per cent of the students were still participating in various stages of placements, it is learnt that the average salary per annum so far has been around Rs.18 lakh, the same as last year.
As many as 53 companies, including Apple, Cognizant Technology Solutions, Facebook, Google, HCL, Hewlit Packard, IBM, ITC, Infotech, Microsoft and Wipro Ltd., from the technology sector made the largest number of 300 offers. This was followed by 163 offers from around 30 companies in the consulting sector which included A T Kearney, Accenture, Booz & Co, Boston Consulting Group, Deloitte, Ernst & Young, KPMG and McKinsey & Company.
An ISB press release said women students, who comprised 29 per cent of the class, have done exceptionally well both in terms of offers received as well as roles. Reflecting a trend of recruiting women for strategic roles, several leading companies chose them for key roles such as director, chief strategy officer, general manager, vice-presidents and regional managers. A highlight was the ‘Axis Bank-ISB Leadership Programme’ where the bank selected 12 women students to build a women leadership pipeline for the organisation, the release added.
The year also saw a revival in hiring for finance positions with several leading banks and financial institutions making a total of 75 offers. Leading pharma and healthcare companies made 58 offers.
Consulting and Sales & Marketing were the two most preferred functional areas for ISB graduates attracting 27 per cent and 21 per cent of students respectively.
Of the 762 students in the Class of 2013, a total of 741 students participated in the placements process while the rest opted out to start their own ventures, return to their companies or family businesses.