SITE SEARCH

Custom Search

Res

Sunday, April 6, 2008

ISB 2008 batch averages Rs 19 lakh in offers

The placement offers for the Class of 2008 have set new records in the six-year history of the Indian School of Business (ISB), with the students attracting an average Indian cost-to-company (CTC) package of Rs 19 lakh per year, as against Rs 15.27 lakh last year. The comprehensive average of all international offers stood at $144,812 over the previous year’s $135,000.

ISB, however, has decided not to highlight the highest salary figure, and instead focus on sharing an overall picture of student performance during the placement season.

Around 657 job offers were made by close to 230 companies to the class of 2008 comprising 422 students, The international CTC averages are $138,614 (US), $156,658 (Europe), $125,389 (West Asia) and $145,607 (Asia Pacific).

The consulting sector (44 per cent) turned out to be the biggest international recruiter, followed by financial services (22 per cent) and manufacturing (17 per cent). Eighteen students opted out of the placements process.

No comments: