ISB class of 2023 bag avg CTC of Rs 34 lakh
More than 14 per cent of the overall offers came from companies that offered leadership/general management roles in various functions
Hyderabad: The average CTC (Cost to Company) for the Postgraduate Programme (PGP) in Management Class of 2023 at Indian School of Business (ISB) Hyderabad this year was Rs 34.21 lakh — a 2.5 times increase from the average pre-ISB CTC of Rs 13.39 lakh.
The recently concluded placements for the PGP Class saw recruiters across sectors hiring in large numbers. Despite the global economic uncertainty and
the predicted slowdown, 222 recruiting companies made 1,578 offers to students. About 73 per cent of those placed were able to shift functions while 79 per cent moved to a new sector.
Top industries in terms of offers were Consulting, IT/ITES/Technology, Banking, Financial Services and Insurance (BFSI) and Fast-Moving Consumer Goods (FMCG)/Retail. Consulting, Product Management, Sales and Marketing and General Management/Leadership Programmes were the leading functions that students got job offers for.
In addition to this, Media and Entertainment, Supply Chain and Logistics sectors were strongly represented in the companies that made offers at ISB.
International job offers also showed a sign of recovery post the pandemic with 36 international offers being made this year.
More than 14 per cent of the overall offers came from companies that offer leadership/general management roles in various functions. This year saw 30 first-time recruiters on campus. About 36 per cent of the PGP Class were women, 40 per cent of the total job offers were made to them.
Professor Ramabhadran Thirumalai, Deputy Dean – Academic Programmes, ISB, said - “ISB constantly adapts and updates its curriculum, pedagogies, and methodologies to stay ahead of the fast-changing world. The placements have reiterated that ISB students are well ahead of the curve in taking any crisis head-on and in adding significant value to their organisations.”
ISB follows an integrated system of placements for its two campuses at Mohali and Hyderabad. For the third year running, the process was conducted virtually.
The Campus Graph
Average CTC for PGP Class of 2023 – Rs 34.21 lakh
Average CTC of the batch before they joined ISB — Rs 13.39 lakh
No. of recruiting companies — 222
No. of offers made – 1,578
Percentage of students who shifted functions — 73%
Industries with most offers — Consulting, IT/ITES/Technology, BFSI & FMCG
No. of international offers — 36
Percentage of offers made to women — 40%