ISB PGP Placement Trends 2013: Consulting Most Popular Job Function & IT Industry Most Job Offers

ISB (Indian School of Business) has published the placement report for 2013. We have seen some interesting placement trends over the years. Here is the summary of the report:

1)1.07 offers per student in 2013 against 1.09 offers per student in 2012. Although the number of offers has increased by 29%, the offer per student has dropped this year.

2) Average Domestic Salary in 2013 was INR 1741081 against INR 1792715 in 2012.

3) Industry wise, IT sector, & Banking offered the most job offers with 37% & 9% of all offers, respectively.
 
4) Consulting continues to take up a large chunk of offers at 21% in 2013. However, there has been a 9% drop in the total percentage of offers in this industry, compared to 2012.

Post-PGP Industry Trends

Banking sector has shown great interest in ISB PGP students with 75 offers (9% of all offers). This is a 5% growth compared to 2012. ISB PGP students have attracted a large section of companies from IT Sector over the past 5 years. From 20% of all offers in 2009, the total offers have increased to 37% in 2013.

Post-PGP Job Function Trends

Although the largest number of offers was provided by IT industry, 27% of all the placement were in consulting job function with Sales and Marketing taking the second position at 21%.

Entrepreneurship

Although Start Up First - an initiative by Wadhwani Centre for Entrepreneurship Development at the ISB received an overwhelming positive response, the number of students opting to start own venture was 21 in a class of 762 students - 2.7% of the class. This is much lower than Stanford (18%) and MIT (8%) MBA students, opting for Entrepreneurship.

However, Entrepreneurship by definition does not mean starting own ventures. With the Start Up First initiative ISB PGP students have started looking at opportunities in Business Development, General Management, Sales and Marketing, and Strategic Planning in these start-up companies. In 2013, 30 start-up companies visited ISB and 26 offers were made.

Best Paying Industry

The two industries with the best paying offers are Chemical/ Fertilizers/ Pesticides & Consulting with Mid 80% average CTC of the Class at INR 21,00,000 and INR 18,31,747 respectively. Compared to 2012, almost all industries offered slightly lower CTC. This is reflective of the current world economy. The most notable drop in CTC is in Govt/ PSUs/ NGOs/ Forces/ Services industry with the average Salary plummeting from  INR 24,34,500 in 2012 to  INR 12,00,000 in 2013.

Best Paying Job Function

Post-PGP Salary continues to be one of the major factors while accepting offers, but ISB PGP students are mostly career switchers, and the relationship between the offers and post-PGP salary proves that money is not the only motivational factor. After looking at an average Salary range of 17 Lakhs, students are more interested in the job function. Technology Job Function attracted the best CTC range 17 – 31 Lakhs, followed by Research & Development at 20 to 22 Lakhs

Major Recruiters

Consulting
Some of the recruiters in Consulting are AT Kearney,Accenture Management Consulting, BCG, Booz & Company, Deloitte, KPMG, McKinsey, PWC and Siemens Management Consulting.

General Management
Some of the recruiters in General Management are Aditya Birla Group,Bharti Group, Cairn India, Cipla, General Electric, Philips & YES Bank

Finance
Some of the recruiters in Finance are Axis Bank, Citibank, Goldman Sachs, Kotak Mahindra Bank, Standard Chartered, HSBC and UBS AG

Marketing
Some of the recruiters in Marketing are Bharti Walmart, Britannia,Hindustan Unilever, ITC,MARS International, and Videocon.

Download ISB PGP Placement Report 2013