ISB Student Bags USD 233,800 Salary, Sets Placement Record in India

The Indian School of Business (ISB) has scripted a new success story with placements touching new highs for the Class of 2006. Four ISB graduates have bagged offers that have broken the USD 200,000 mark. While the highest salary offer recorded at the ISB is USD 233,800, the average international salary at USD 120,700 is a 21% jump over 2005.
On the home turf, the highest domestic salary at the ISB this year stood at Rs. 30.33 lakhs while the average Indian salary is Rs. 11.77 lakhs, reflecting an increase of 18% from last year.

The highlight of the placements was that the highest salary offer of USD 233,800 was made by an Indian company. With the economy booming, this year saw a large number of Indian companies recruiting from the ISB.

The ISB Class of 2006 has 345 students, of which 328 participated in the Placements Process and over 145 companies visited the ISB for recruitments this year. The year also saw some new names like EDS, Tishman Speyer, and others recruiting for the first time in India and at the ISB.

Speaking on the occasion, Prof. M. Ramohan Rao, Dean, Indian School of Business, said, "I am happy to see that our students have performed well. Our endeavour has been to groom talent that can take on the challenges that the corporate world present in India and globally, and it is gratifying to see that leading companies recognise the strength of our students. I would like to wish my students the very best as they step out of ISB."

Women Students at ISB Break the Glass Ceiling

The ISB has always encouraged the enrolment of women students into its management programme. Women students in the Class of 2006 represented 19% of the total class this year. The Class of 2006 saw all its women students participating in the Placement Process. The highest offer made to a woman this year is USD 223,400. The top domestic offer for women students is Rs. 20 lakhs, while the average salary is Rs. 9.89 lakhs. What is significant is the fact that of the four students who bagged the USD 200,000-plus salary offers, two are women, who have been offered Global Leadership positions.

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