It's raining jobs for ISB MBA postgraduates: 2,066 placement offers, 20.78% increase in CTC

Hyderabad: The placements for the 2022 batch of the Indian School of Business's (ISB's) management postgraduates saw several highs and some firsts as 270 companies made an unprecedented number of 2,066 acceptable offers at the end of the placement week. The acceptable offer ratio translates to an average of more than two offers per student.

The average accepted cost-to-company (CTC) of Rs. 34.07 lakh during the placement week is an increase of 20.78% from last year's CTC of Rs. 28.21 lakhs. The differential between pre-ISB and post-ISB salary stands at 173.67%, reflecting the high-quality career choices facilitated by the ISB in terms of opportunities and responsibilities entrusted to ISB students. Acceptable offer yield per company stood at 7.68, reinforcing organizations' faith in ISB students and indicating the depth and breadth of their relationship with recruiters.

The top industries in terms of offers were consulting, IT/ITES/technology, BFSI, FMCG/retail, and pharma/healthcare.

ISB has 39% women students in its class, which is among the highest in leading business schools in this part of the world. Forty-one per cent of offers were made to women students. The class of 2022 had 929 students, the highest class size for any MBA or equivalent programme in India and among the world's top 10 class sizes.

Professor Ramabhadran Thirumalai, deputy dean (academic programmes) of ISB, said, "Established conglomerates and start-ups alike have made ISB their campus of choice when scouting for high-quality talent. The PGP at ISB has become eponymous with diversity. One of the many reasons recruiters like our students is their ability to get things done. It is gratifying to witness again the faith reposed by our partners in choosing ISB as their campus of choice."

ISB follows an integrated system of placement process for its two campuses at Mohali and Hyderabad, in line with its core tenet of 'One School Two Campuses' philosophy. Due to the pandemic, the entire process was conducted virtually.