Source | economictimes.indiatimes.com | Prachi Verma, ET Bureau
The post graduate programme in management (PGP) Class of 2023 at the Indian School of Business (ISB) received 1578 offers from 222 recruiters this placement season. The average annual salary (CTC) is Rs 34.21 lakhs for the current class– a 2.5 times increase from the average pre-ISB CTC of Rs 13.39 lakhs (before they joined ISB). According to a release shared by the institute, 73% of those placed were able to shift functions while 79% moved to a new sector.
The top industries in terms of offers were consulting, IT/ITES/Technology, BFSI, and FMCG/retail. International job offers also showed a sign of recovery post the pandemic with 36 international offers being made this year.
More than 14% 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. 36% of the PGP Class of 2023 are women, and 40% of the total job offers were made to women students, according to ISB release.