ISB ranked No 2 globally in students’ salary increase
Indian School of Business (ISB) has been ranked number two amongst the top 30 B-Schools globally for salary increase in terms of incoming and outgoing salary difference, according to the Financial Ti
Indian School of Business (ISB) has been ranked number two amongst the top 30 B-Schools globally for salary increase in terms of incoming and outgoing salary difference, according to the Financial Times Global MBA Rankings 2016.
“We have had a very successful placements season for the just passed Class of 2016, registering a 127.33 per cent jump in the incoming and outgoing salary difference. Average incoming salary of our students was Rs 9,93,052, while average outgoing salary was Rs 22,57,587 — representing a 127 per cent jump in salary,” professor Dishan Kamdar, deputy dean (academic programmes) at ISB said.
Mr Kamdar said the 127.33 per cent jump is is a testimony to the academic quality of ISB.
During this placement season, he said the Hyderabad and Mohali based B-school has 1,149 offers, which is the highest ever by ISB. “Top recruiters during this season continued to be consultancy and IT,” he said.
He said ISB has shifted from a purely structured system to a flexible hybrid model, providing exclusive days for recruiters who had elaborate hiring processes, and this resulted in the highest number of offers.
The B-School has also reported a 28 per cent higher number of applications for the Class 2017, which will give it a better selectivity ratio. “A higher number of applicants will allow us to choose the best students for the institute, which will reflect in placements,” Mr Kamdar.
Apart from this, he said ISB’s decision to involve a panel of alumni in the admission process along with administrators has resulted in better selection of students.
He said ISB has introduced Master Class for po-tential students in 2015, which allowed aspiring students to experience the quality of learning offered by the institute.