This might be my last post from ISB. The most awaited day has come and now becoming nostalgic about leaving ISB. Oh God! Am I becoming senti.... Haven't started packing anything yet. Need to start packing my luggage atleast now.
Will try to update this space about whats happening in my life. Ciao
~Anu
15 comments:
Hi anu,
I wish u all success.. He hee getting senti abt what? i understand, just kidding!!!
ISB graduates get record salaries
Hyderabad: The Class of 2007 of the premier Indian School of Business (ISB) has attracted record salaries, with the top international offer being $269,000 (Rs.11.8 million) against the highest domestic offer of Rs.4.39 million, it was announced here on Tuesday.
The average international salary was $135,000 and the average domestic salary 1.50 million. Interestingly, a large number of students opted for domestic jobs.
"The placement results for 2007 have been outstanding," ISB dean M. Rammohan Rao said.
"There has been a sharp increase in the CTC (cost-to-company) levels and our students have shown immense confidence in making choices that suit long-term career prospects over immediate salaries," he added.
The Class of 2007 completed the one-year intensive Post Graduate Programme in Management on April 7. Of the 416 students in the class, 414 participated in the placement process that concluded Tuesday and, among them, received 584 offers from over 200 companies that visited the campus during the last few months.
The Class of 2008 will commence April 15.
"The high CTC levels demonstrate the confidence that companies have in the high quality of the ISB's management talent," said Rao, even as he added a word of caution.
"We need to take a balanced view of international offers given by multinational companies. I urge everyone to use these figures in the proper context so that potential students may get the correct picture of what they can achieve in a management institution."
The Class of 2007 received offers from a variety of companies and industries.
The number of offers from the financial services sector more than doubled to 97, while a large number of offers continued to come from consulting companies.
Companies from several new sectors like real estate, oil and energy, media, manufacturing, micro-finance, education, and healthcare, as also NGOs, made offers to ISB graduates.
This year, for the first time in ISB's six-year history, a company recruited two groups of four-to-five students as core management teams to run stand-alone businesses.
These groups will have full responsibility of setting up the projects from ground zero and leading them to become a success.
"The company has offered students both CTC and equity stakes in the project, making it an exciting and attractive option for students with an entrepreneurial bent of mind," ISB deputy dean Ajit Rangnekar said.
The work experience of the students in the two groups ranges from two years to 11 years.
An interesting trend witnessed at the ISB was that a large number of students preferred domestic placements.
"Many ISB students come with international work experience. After a year of learning and exposure to global faculty and management practices, they are keen to develop careers in India," Rangnekar pointed out.
Often, those opting for international offers were observed to be discussing with the recruiters the possibilities of returning to India.
"Increasingly, job content and location are becoming top priorities for selecting an offer," Rangnekar said.
Meera Sridharan, for instance, has opted for a domestic offer after working in a multinational company in the US.
"Many of us look for challenging roles that give us the freedom for entrepreneurial expression. I was keen to be located in Chennai, near my family and I am happy that I got an offer from a company that had the flexibility to help me do so," she explained.
One of the unique platforms ISB provides is an opportunity for students to make career shifts. Thus, from the automobile industry to banking, from transportation to telecom, from being a doctor in the armed forces to a fund financing NGOs, the Class of 2007 has made several interesting career shifts.
"I had learnt and grown a lot during my career in the shipping industry but I needed to find new challenges," said Vijay Nehra, who has now moved to an FMCG (fast moving consumer goods) company.
"ISB changed my life. I got an excellent opportunity to refresh myself and find a new career that fulfils my ambitions and gives me a completely new perspective," Nehra added.
ISB is a research-oriented independent management institution that grooms future leaders for India and the world. Its association with the Kellogg School of Management, The Wharton School, and London Business School makes it a one-of-its-kind in Asia.
The school offers a one-year postgraduate programme; short-duration, high-powered executive education programmes for CEOs and senior executives; and a two-year research fellowship programme.
"The origins and distinctive research of our faculty members ensure that our programme content is contemporary and global in its perspective, and develops our students' understanding of modern management opportunities and challenges," dean Rao explained.
Still waiting for u to tell me WHERE R U JOINING?
U still didnt told me where r u joining?
Anyways, best of luck.
Cool!
Looking forward ...
Wow.....
I was just going thru TM ..."Just finished my gmat" ....and now here its with new news "just finished my MBA" :) It all seems so fast....anyway best of luck..pls do update on TM also..... LOL
on TM ..Jack_smit
Thanks for your wishes Suresh.
Pawan- I joined in HCL, Chennai. Hope I updated you about this earlier.
Jack_Smit- Yeah...Life is moving very fast. Believe me, I still feel like I JUST gave my GMAT. Before i come out of that feeling I finished my MBA and started working also...:-)
Good to hear that...and accept the fact that life is so fast...anyway...so where did u got placed...if I read exactlly is it HCL Chennai ...??
Jack_smith
While still struggling with arjmen and chix posts...its nice to see the first steps towards the goal..and then someone already there :-)
You got it right. I got placed in HCL technologies and the location is chennai.
All the best for your future endeavours.
Good to know..so ru working in OMR office of HCLT..
I dont know whether its ethical on a blog site ??
Jack_smith
Keep updating your blog....
Hello
I found your posting in urch forum here: http://www.urch.com/forums/admissions-results/48263-admitted-indian-school-business-isb.html
Then came to know about your blog and that you have just graduated from ISB. Wow what a journey. I am giving gmat on July 12th and looking forward to apply to ISB. Can I contact you to get some information on ISB please?
Thanks
blog: d4dial.blogspot.com
Linked in: http://www.linkedin.com/in/ankurdayal
HI Anu aka Priety@TM,
Today i was just surfing TM...
Saw one of yr posts stating you got into ISB....then went on to read all about how you prepared for GMAT then yr debrief....and ended up reading whole of this blog....
well i spent almost 2 hrs reading all that..
i would like to say is that i hv become yr fan...truly its been gr8 reading about yr journey and it hs helped me wth load of info which will help....
Thanks alot, and congrats from my side for yr major wins...
As about me i am still preparing for GMAT hving 2+ yrs of exp.
Keep writing.....
dhiraj84mehta@TM
Hello,
I am trying to join ISB - HYD. I have lots of questions regarding what kinds of companies will come for campus inrviews. How much of the career jump we can expect.. I will appreciate if you can please provide me your contact information.
My profile:
I am working in US for last 12 yrs as a project MGR with masters degree from NYC.
Thanks
Swathi
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