After almost eight years of its inception and path-breaking success, Indian School of Business (ISB) Hyderabad’s placements hit a bottleneck this year owing to the global meltdown. The Career Advancement Services (CAS) office at the ISB has therefore come up with a unique idea to wade through the turbulent 2009 placement season. For the first time in history of any top-tier Indian B-school, the ISB-CAS has organised a job fair to facilitate interaction between the students and recruiters.
According to V.K. Menon, Senior Director, CAS, the fair is open to all companies who would like to recruit from the ISB. The ISB has offered assistance in letting the recruiters interview students and make immediate offers. The ISB is also offering all facilities for making the interview process smooth. The ISB planned the fair with a view to complete the placements as soon as possible and it is hoping for positive results. The job of the CAS is to support its students in making the right career choices and enabling employers in taking the right hiring decisions during recruitment.
The job fair will be held on May 22 and May 23, 2009 at ISB Hyderabad. The recruiters have been asked to register for the fair by sending emails expressing their interest to participate in the fair. ISB has also assured that its students would join the organisations at a “short notice”, if selected.
Up until last year, ISB wrapped up its placements by March end due to its rolling placement system and held its convocation ceremony during the first week of April, by which time all of its students were placed. But this year, the story has been different. This year’s convocation ceremonies drew to an end with just 250 of the 440 (around 57 %) students placed. Their placement drive for the class of 2009 began in early January.
Last year the average domestic salary at ISB was Rs 19 lakhs and average international salary was USD 144,812.
