ISB Graduate bags $181,000 job

MBA
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Check this out people… An article on ISB placements! Here’s the synopsis… Fact sheet: ISB placements 2005 Salary 1. Record international salary : $181,000 (Rs 80 lakh) 2. Average international salary : $100,000 (Rs 44 l…

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Check this out people... An article on ISB placements! Here's the synopsis...

Fact sheet: ISB placements 2005
Salary

  1. Record international salary : $181,000 (Rs 80 lakh)
  2. Average international salary : $100,000 (Rs 44 lakh)
  3. Highest Indian salary : Rs 20,00,000
  4. Average Indian salary : Rs 10,01,539
Placement statistics for Women
  1. Total number of women : 48
  2. Total number of offers : 63
  3. International offers : 4
  4. Highest salary for a woman student : Rs 20,00,000
  5. Average salary for a woman student : Rs 9,20,000
Percentage up in salary over 2004
  1. International : 19%
  2. Indian : 11%
Offers
  1. Total number of offers : 344
  2. Number of Lateral offers : 333
  3. Number of International offers : 31
Placements summary
  1. Total no. of firm that participated in the placement process : 149
  2. Total no. of students who participated in the placement process : 251 out of 273
Leadership Positions in companies
  1. COO
  2. Director - Operations
  3. International GM
  4. Division Head
  5. Associate
  6. Senior Associate Consultant
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These guys have been offered positions in middle and senior level management!!!
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oops wat they teach in 2 yr that a person is elligible for that kind o salary that even a normal iim graduate will turn green at

i m not sure about the facts but if that is true, isb holds the record of highest national and international salary this yr .(last yr highest national and 2nd highest international )
gr8 goin ISB, ppl leave cat go for GMAT......

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Excellent placements there....more than the money,what matters is that there are positions like COO and Int`l AGM that have been offered.......bet this will be music to fellow PGites who r going to ISB

Anish

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Hi Nitin,

Just to clarify that ISB had the highest Indian and Foreign Salary last year ( 22 L and 153 K respectively). The companies were Goldman Sachs and RPG Group. (Incidentally the 22 L offer was not taken).


And yes, the highest this year in USD and INR has been ISB again...


Way 2 go ISB!


P.S. if you check their website, in the first year the figures were:
1. Highest INR : 28 L
2. Highest USD : 220,000 !!!!!! Lehman Bros

Can anyone beat that ?

6

Just went through ISB's website....
the average work ex of students is 5 years( at IIM it wont be more that 1.5 yrs)....
so there has to be some1 with 8 yrs workex as well....
now u cant hire them for US$ 100,000 (the highest a grad frm IIM with no workex gets )....
so if u dont have workex and join an IIM and then start with US$ 100,000 u can end up earning 180,000 before 5 yrs(in the end u did save ur 2 yr considering the course duration at IIM and ISB)...


I would rather wait for IIM A's PGPX b4 comparing ISB and IIMs...
i beleive that PGPX will beat all earlier stats....

7
Just went through ISB's website....
the average work ex of students is 5 years( at IIM it wont be more that 1.5 yrs)....
so there has to be some1 with 8 yrs workex as well....
now u cant hire them for US$ 100,000 (the highest a grad frm IIM with no workex gets )....
so if u dont have workex and join an IIM and then start with US$ 100,000 u can end up earning 180,000 before 5 yrs(in the end u did save ur 2 yr considering the course duration at IIM and ISB)...


I would rather wait for IIM A's PGPX b4 comparing ISB and IIMs...
i beleive that PGPX will beat all earlier stats....


dollar salaries (>$100000) at IIMs are for people with work-ex.

Niraj
8

didnt Deutsche Bank pay US$ 100,000 to ppl with no workex at IIM?...
at least i thought they did...
mebbe i m wrong...

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nitin01_12 Says
oops wat they teach in 2 yr that a person is elligible for that kind o salary that even a normal iim graduate will turn green at


oops i thot ISB program is for 1 yr

nyways it is for 1 yr..........

saurabh
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Leadership Positions in companies
  1. COO
  2. Director - Operations
  3. International GM
  4. Division Head
  5. Associate
  6. Senior Associate Consultant




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now i know where i wud be 6 yrs from now for my second mba!! wonder what these guys wud be chargin as fees then!!

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Just fyi, the highest USD offer was paid to a guy with 2 years work ex... he was 26.. Not a CA, not with any additional degree...

So i guess, the moral of the story is that Class tells, not age or work ex!.


Cheers !

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Just fyi, the highest USD offer was paid to a guy with 2 years work ex... he was 26.. Not a CA, not with any additional degree...

So i guess, the moral of the story is that Class tells, not age or work ex!.


Cheers !


Are u sure!!! Which co. hired him, and at what position? If you know...
14

According to an ISBian the job went to a person with 16-17 yr work ex...the job profile is COO Novartis India ...the guys was getting the job even without joining ISB ...that is wat he has heard ....if some1 can contact a guy from last yr batch(class of 2005)...it wil confirm the news

Just fyi, the highest USD offer was paid to a guy with 2 years work ex... he was 26.. Not a CA, not with any additional degree...

So i guess, the moral of the story is that Class tells, not age or work ex!.


Cheers !
15

Hi,

Sorry dude, u got the info wrong, the person has about 2 years work ex, is around 26 and he did not get the role of COO!! his title was Sr manager.... COO Novartis would get like a million USD!!!!

Also, I happen to know him personally - thats why i am confident, he is NO WAY close to 16 years of work ex!!!! he did not have the job offer before ISB- in fact he was one of the last few ( 5 - 10 to be precise) to get placed , he was very selective - guess it paid off !!!!

The only thing that is right is that the company is Novartis !!

Hope this helps!

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and of course ... needless to say, its was not Novartis india but Novartis Global Head Office in Basel, Switzerland!