Even though you would hate to admit, but it still is true. My i/v really went good (I have the full details posted on this forum) & still I m on the reject list, which shocked me like anything. ISB is consciously trying to reduce to bare minimum the number of people with significantly higher work ex .. especially people with work ex close to or above 10 years (like me & probably Kavith2010) ..
This is very clear and following can be the reasons for the same:
- Companies coming to ISB expect most of the people having work ex of 3-6 years in the class. So they have a fairly good idea of the kind of role that they will offer to people in mind. People with work ex of more than 9-10 years do not fall in that bracket. Those people have a little higher expectation from the role and end up unsatisfied. ISB do not want such people in the class any more.
- People with more than 9 yrs work ex have higher salary (easily far more than 10 lacs) .. That hurts ISB's incoming salary. ISB is not sure whether it will be able to place those guys at more than double that salary. Hence it affects ISB's outgoing / incoming salary ratio (which is 2.1 right now), which they don't want as it is one of the criteria of the FT's ranking system.
I totally agree that they dont want to reduce the outgoing:incoming salary ratio... as that would directly affect the FT rankings.... so higher earning applicants are at a disadvantage!!! at the end of the day it's all a numbers game. no offense to the other higher-workex candidates who got thru.
moreover if enterpreneurship is the goal, the candidate wouldnt get categorised as 'risky' either, as he/she would opt out of placement and wont affect the numbers.