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The Indian School of Business, for the second time consecutively, has set new benchmarks for placements in 2005. The ISB has recorded the highest international offer of $181,000 (Rs 80 lakhs). The average international salary at $100,000 (Rs 44 lakhs) recorded a jump of 19% from 2004. The highest Indian salary at the ISB this year is Rs 20 lakhs and the average Indian salary stands at Rs 10 lakhs, representing a rise of 11% from last year.
Speaking on the occasion, Ajit Rangnekar, Deputy Dean, Indian School of Business, said, The placement results for 2005 have been phenomenal. The number of offers our students received this year jumped 26 per cent, with the number of international offers increasing by a substantial 55 per cent. The Consulting sector was the biggest recruiter followed by Information Technology and Financial Services this year.
The Class of 2005 had 273 students, of which 251 participated in the placements. 150 companies participated in the placement out of which only 84 could make the final offers. A total of 344 offers were made to the students.
Women Excel
The ISB has always encouraged enrolment of women students into its management programmes. With a representation of 19%, the Class of 2005 had the highest number of women students across B-schools in the country. Out of the 52 women students in the Class of 2005, 48 participated in the placements. The highest offer made to a woman this year is Rs 20 lakhs, an increase of 53% as compared to 2004 (Rs 13 lakhs).
New Trends in International Offers
An interesting trend noted this year was that Indian companies offered international positions to the ISB students. Companies like BirlaSoft, ITC Infotech, Satyam Computers, Mindtree Consulting, RPG, among others, offered international positions to the ISB students in countries such as UK, Australia, USA, Singapore, etc
Several multinational companies have made international offers to the students at the ISB this year, some of them being, BP, Deutsche Bank, Goldman Sachs, Novartis, Development Bank of Singapore, Marakon Associates, etc. The highest international salary of $181,000 is in league with the offers received by students from Ivy League schools.
We have seen a substantial increase of 55 per cent in the number of international offers compared to last year. It is very inspiring to see large multinationals selecting the ISB graduates for their international positions along with the graduates from other premier schools across the world, said Rangnekar.
Eight students from the class of 2005 of the ISB have received international offers in the range of $130,000 (Rs 57 lakhs) to $180,000 (Rs 80 lakhs), added Rangnekar.
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The anatomy of B-school placements: How companies throw a fit
Why is placement information kept confidential in B-schools? How are companies slotted during the placement days? How do companies compete in a cutthroat manner to get the best candidates? Reporting exclusively from leading school Goa Institute of Managements campus during its placements, we capture the unseen machinery and drama behind a typical MBA placement process.
Its pretty much a demand-supply issue. Companies need good managerial talent and the avenues to identify and recruit that good managerial talent are limited in India. Between November and March, when most Indian B-schools open up their
The much-awaited campus placements for the 2004-05 batch of students at the prestigious Indian Institute of Management (IIM-B) commenced here on Thursday.
On day one, 14 companies conducted the preliminary processes of selection. The final interviews will be held on Friday.
This year, the selection process is different at IIM-B. Aiming to reduce the pressure on students and corporates, the institute has staggered the process for each of the 115 participating companies from all over the globe, by a day. While the preliminary processes will be held on the first day, the interviews will take place on the second
The banking and financial services sector has taken the lead as regards summer placements at Indian management schools, although the interest in FMCG (fast moving consumer goods), Pharma and IT continues. However, it has become clear that information technology (IT) no longer reigns supreme.
At Delhi's Faculty of Management Studies, there has been a revival of interest in finance, especially in areas like treasury operations, corporate banking and consumer banking. The Indian Institute of Management, Bangalore (IIM-B) received 60 offers of summer placements. Finance, banking and insurance companies occupy the top slot with 28 percent offers, while FMCG companies made 23
Day zero, the first slot for placements at the Indian Institute of Management, Bangalore, which ended here on Friday afternoon, saw 14 companies landing on the campus to hire its students.
This is a major move upwards from the five that turned up last year on day zero.
The companies included Dresdner, Captive One, McKinsey, Boston Consulting Group, A T Kearney, HSBC, British Telecom, Barclays, Temasek, Bank of America, GM, Deutsche Bank, Lehman Brothers and BNP Paribas.
The places for which graduates have been hired include US, London, Hong Kong, Singapore and Tokyo.
Commenting on the candidates this
Chennai, June 5. The Society for Electronic Transactions and Security (sets) and TIFAC-CORE in the Network Engineering at Arulmigu Kalasalingam College of Engineering, Srivilliputur (TCNE), Thursday, signed a "Memorandum of Understanding" to promote the study and dissemination of knowledge in the field of information, particularly with regard to transactions on the security network.
The sets is a non-profit organization, for security coordination and implementation processes based on the Internet economy.
The two organizations collaborate on research projects, which would have a direct impact on information and network security needs of countries and the development of technologies for network security, Mr Vijayaraghavan Madam,
CHANDIGARH: With campus placements about to conclude at University Business School (UBS), the students there are a contented lot, with the average salary offered being around Rs 5 lakh per annum.
Bigwigs from IT, HR and banking have chosen students from UBS this time. Infosys, Satyam, Vedanta Group of Industries, Orcale, CTS, Mafoi and Citibank have been added to the recruiters this time. Infosys has selected 12 students from marketing, finance as well as International Business (IB) with the highest package of Rs 6.6 lakh per annum.
AirTel has offered a package comparable to that of Infosys to three students,
London Business School sets up in Dubai
The Dubai International Financial Centre (DIFC) and London Business School (LBS) yesterday announced the launch of London Business School operations in Dubais DIFC.
These will include a Dubai-London Executive MBA programme - the first time the school has set up its own branded programme overseas - and Executive Education programmes. The courses will be run from the DIFC. HTTP/1.1 404 Object Not Found Server: Microsoft-IIS/5.0 Date: Fri, 22 Dec 2006 03:42:48 GMT X-Powered-By: ASP.NET Connection: close Content-Type: text/html
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The dual campus EMBA will be the first degree programme available in the
A student of Indian Institute of Management, Calcutta, received a foreign offer of $100,000 as placements proceeded at the institute.
While final details of the placement season are yet to be worked out, the prominent recruiters at IIM Calcutta this year were McKinsey & Co., BCG, AT Kearney, HSBC Bank and Deutsche Bank.
IIM Calcutta said in a release that the new recruiters this year were Barclays Capital, BNP Paribas, Dresdner Bank, UBS, IFC and SUN Group Private Equity.
A record number of 15 firms were present compared to six last
Rohin David - Times News Network
AHMEDABAD : There seems to be an invisible umbilical cord linking the Indian Institute of Management, Ahmedabad and World Trade Centre even after the two towers have collapsed. For starters, there were 32 of its alumni working in companies which had offices at the WTC. Now, the institutes prestigious summer placements may be affected with many US companies putting India on the restricted travel list.
Only six of the 10 foreign companies will be sending their officials down for summer placements this year, says student placement co-ordinator Kapil Dahiya. Many of them would like to
The Indian Institute of Management, Calcutta (IIM-C) has pipped all other IIMs this year by bagging the highest domestic offer across all IIMs during lateral placements.
The institute beat its more illustrious counterpart, the Indian Institute of Management, Ahmedabad (IIM-A) to grab the top spot in the highest domestic salary offered during laterals.
The highest offer at Rs 16.2 lakh, made by a software major to an IIM-C grad, betters the offer made by Genpact to an IIM-A student at Rs 15.5 lakh. It is also the best-ever domestic offer in laterals.
In addition, international firms such as Johnson Electric, Microsoft, Mittal Steel
MBA Tag Clouds
