As many as 310 companies made 661 offers to the students of the Indian School of Business (ISB), many of which were senior positions, both nationally and internationally, the leading city-based management institute said today.
"This year we witnessed an overall increase in the number of offers by 22% over the last year. The number of domestic offers increased by 19%, and that of international offers by 35% over the last year," ISB Dean Ajit Rangnekar told media persons here.
This year witnessed an overall rise in CTC (cost to company) levels across industry segments and functions over the last year. The average outgoing compensation was 2.3 times the average incoming compensation, he said.
"Our focused approach to getting the right companies for the right jobs has resulted in better fits, hence higher recruiter and student satisfaction, and overall higher CTC levels. We have also witnessed a global increase in demand across continents," VK Menon, senior director, career advancement services, ISB, said.
There was a 35% increase in international offers, with 83 offers being made by 73 companies, from 19 cities across the globe, including West Asia, Europe, Asia-Pacific, Africa and North America.
The leading sectors for the placement season were consulting (32%), IT/ITeS (21%) and banks & financial institutions (12%). The offers from the consulting sector doubled as compared to last year.
Five students from the class of 2011 opted out of the placement process and enrolled into the Entrepreneurship Development Initiative (EDI).
