MUMBAI: The 2010 batch of Indian School of Business (ISB), Hyderabad, saw a 33% increase in total number of placement offers and an 11% rise in average salary over last year, the institute said in a media statement.
“This year shows a significant improvement over last year,” said dean Ajit Rangnekar. The class comprising 568 students witnessed offers from top companies in technology, consulting and finance increase by 116%, 40% and 30%, respectively, over the last year, making them the largest recruiters on campus.
Citibank, DBS Bank, Accenture Services, Arthur D. Little Asia, Cognizant Technology Solutions, Amazon Development Centre India, United Health Group and Dr. Reddy’s Laboratories are few of the 346 recruiters.
“Last year was a traumatic year, but we still matched compensation level of 2007,” said Mr Rangnekar. “2008 was a mad year, as companies were paying far too much money. There was gross over optimism in the market. Given that in 2009 there was undue pessimism,” he added.
This year’s highlight was first-time recruiters from the green energy sector like Schneider Electric India and Wipro Eco-business.
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