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ISB – Placements 2004-2005 – A first report.

February 24, 05 by Bharani

Looks like Economic Times has published an article covering a glimpse of ISB Placements. Detailed reports are expected to arrive by March end.

You can find the scanned copy of the paper clip here.. I couldn’t find a online version of this news. Initially, I was apprehensive about publishing here, but then since the news has been published by ET, there should be no problems. This is just a first report..[Courtesy: yahoo groups, couldn’t resist checking the groups :-D ]

The Extract:

ISB Set to Churn out Globe-trotting leaders.
Economic Times, hyderabad, Feb 23 2005.

These ARE exciting times at the ISB Campus with the placement process at its peak. Early trends indicate that the average salaries that ISB grads would command would be much higher than Rs. 9.05 lakh per annum last year. This is because the number of overseas postings are likely to go up and also the fact that the class of 2005 has 20-25 students who have work experience of over eight years.

ISB Director (career advancement service) Shalini Sethi told ET, “A clear trend this year has been that many Indian companies are into lateral hiring for critical positions like business development in overseas locations. There are many challenging oppurtunities for students in the senior management positions and leadership roles.” Many of these job postings are for international locations like China, European countries, the US, Singapore and London. The whole placement process would be completed by March-April.

Some of the Indian Companies making International offers include Lupin laboratories, Birlasoft, Asian Paints, Satyam, HCL and ITC. It is perhaps a result of the fact that many Indian companies, both in manufacturing and IT, are looking at diversifying their operations to global locations. International offers are also trickling in from foreign companies like LNM, Duetsche Bank, Goldman Sachs, Novartis, HSBC, Carrier Aircon, Euro Swiss and Marakon. Indian offers are coming from companies like BCG, AT Kearney, Inductis, E&Y, Colgate Palmolive, Coke and J&J. The B-school has attracted nearly 100 companies with 350 job postings so far.

According to ISB’s student profile, nearly 20 students would be eligible for positions like functional heads as they already have over 10 years of work experience.

There are 60 others who have experience in the range of 5-8 years. The batch of 2005 has 273 students of which 52 are women. Lateral hiring is somewhat a new concept in India with most B-schools accepting students who are either freshers or have just a couple of years experience. Since ISB attracts professionals from diverse sectors and rich experience, the placement process at the campus is long-drawn and case-by-case…”

Looks very promising. Detailed placement reports will be out in a month’s time..Hold on till then!

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