ISB gets highest job offers in 10 years

ISB  graduates bagged 661 offers from 310 companies this year, bettering the previous record of 657 offers made by 230 companies in 2008. Offers this year were 22% higher than the 541 offers made by 346 companies in 2010.

The 552 ISB grads who signed up for placements this year also grabbed fatter pay packages. Average salaries, according to ISB sources, shot up by 10-15% this year to hit an average package of over Rs 18 lakh per annum as against Rs 16 lakh per annum in 2010.

According to ISB officials, more number of offers being made per company is a clear reflection of the revival in the economy and the fact that companies are now in the expansion mode. However, they refused to divulge details of highest packages saying they had taken a conscious decision to stay away from the numbers game to avoid distortion of perception.

According to ISB’s senior director (career advancement services) V K Menon, students joining the advertising, media, communications, public relations and entertainment sector bagged the fattest pay cheques averaging Rs 19.25 lakh, followed by consulting at Rs 18.90 lakh, IT/ITeS at Rs 18.06 lakh and infrastructure, construction and real estate at Rs 18.02 lakh.

ISB, which follows the rolling placements process that stretches over a couple of months, said international offers shot up 35% to 84 this year, with students being placed in 19 cities across Middle-East, Europe, Asia Pacific, Africa and North America by 75 participating international players.

According to ISB officials, more number of offers being made per company is a clear reflection of the revival in the economy and the fact that companies are now in the expansion mode. However, they refused to divulge details of highest packages saying they had taken a conscious decision to stay away from the numbers game to avoid distortion of perception.

Participating companies included top rung consulting firms like McKinsey, BCG, AT Kearney, Booz & Company, IT/ITeS players like Microsoft, Google, Facebook, Yahoo!, Amazon, Cognizant and banks like Citibank, HSBC, Goldman Sachs among others. Indian players like Infosys, Hero group, TVS, L&T, Shapoorji & Pallonji, DRL and Apollo Hospitals.

Consulting accounted for the largest chunk of offers at 32%, followed by IT/ITeS at 21% and banks and financial institutions at 12%, Menon said, adding that consulting also topped the function-wise offer distribution too at 36% followed by sales and marketing at 20% and finance and general management/strategic planning at 12% each.

Participating companies included top rung consulting firms like McKinsey, BCG, AT Kearney, Booz & Company, IT/ITeS players like Microsoft, Google, Facebook, Yahoo!, Amazon, Cognizant and banks like Citibank, HSBC, Goldman Sachs among others. Indian players like Infosys, Hero group, TVS, L&T, Shapoorji & Pallonji, DRL and Apollo Hospitals.

Commenting on the placement results, ISB dean Ajit Rangnekar said: “This has been a very heartening placement season for us and resonates with our belief of providing high quality talents on a large scale to addressing the growing demand for business leaders for fueling our growth.” Incidentally, five grads opted out of the placement process to enroll in ISB’s inhouse entrepreneurship development initiative (EDI). With the Class of 2011, the ISB, which was set up in 2001, now has a network of over 3500 alumni spread across the world.

Interestingly, lifestyle players like Louis Vuitton, Luxottica group, which manage top rung brands like Gucci, Ray Ban and Gabbana, as well as Conde Nast made a good number of offers this year. Women grads made their mark on placements this year by outdoing their male counterparts as far as average CTC is concerned. The graduating 160 women grads, who account for 28% strength of the batch, bagged 2.4 times higher average outgoing CTC than the average incoming CTC (in their jobs prior to joining ISB) as compared to the overall batch average of 2.3 times.

IITians wrote essays

Students from the Indian Institute of Techn-ology-Bombay (IIT-B) fell prey to what could be termed as one of the most successful mass pranks played on April Fool’s Day, this year.  At midnight on March 31, the students received an e-mail stating that the institute had 50 free tickets for the ICC World Cup final match to be played at Wankhede Stadium on April 2. The mail solicited applications asking students to write a 250-word essay on why they deserved the prized tickets.

In less than an hour, 675 of the country’s brightest youngsters sent in detailed requests. “I have secured All India Rank 30 in IIT-JEE and state rank 1 in MP-PET. My Cumulative Point Index is 9.36,” said an applicant’s essay.

The techies weren’t shy to boast. “I have designed three add-ons for the Mozilla Firefox, which has had over 60,000 downloads so far,” said an essay.

The prank, executed by a self-appointed anonymous ‘General Secretary Aprilfool Affairs’, promises more fun. A list of fools has been posted on a blog with excerpts from their essays.

The prank seemed so genuine that students queued up outside the administrator’s office for tickets.

The authorities had to send out an email telling students that it was a prank. “The prankster covered his tracks well. We could not trace the origin of the mail, but it was super fun,” said a student.

West Virginia University Application

West Virginia University is a public research university located in Morgantown, West Virginia. It has other campuses in Parkersburg, Montgomery, Keyser, and Charleston. The university is proud to have produced 25 Rhodes Scholars so far, including the university’s own former president David C. Hardesty, Jr. It has also produced quite a number of scholars and top students. It is then not a surprise that West Virginia University is ranked 30th among the United States’ public institutions. Founded in 1867 following the 1862 Morill Land Grant Colleges Act, West Virginia University first operated as the Agricultural College of West Virginia. The University is rich in history, not just in terms of academics but also in terms of sports, women’s rights, and war.

Degrees offered

As with many other public universities in the United States, West Virginia University started as an agricultural college. Through the years, expansion happened and other colleges were built, later establishing the institution as a university. Now, West Virginia University has 15 colleges, all offering various programs that respond to the many different interests of students and prospective students. It still offers Agriculture and Forestry. However, it also offers creative arts, arts and sciences, journalism, law, human resources and education, business, engineering, health sciences, sports sciences, and information technology. It also has an honors college for gifted students.

Application requirements

– Filled out application form
– High school transcript
– Complete required high school credits (4 units of English, 4 units of college preparatory math, 3 units social studies, 3 units laboratory science, 2 units of foreign language and 1 unit of fine arts)
– SAT or ACT score submitted through testing center or with high school transcript
– Minimum GPA of 2.0 for West Virginia residents and minimum GPA of 2.5 for nonresidents.

Admission tips

If you want to study at West Virginia University, it is best to zero in on a few programs. This is because each program may have different additional requirements. For example, while you need a 2.5 minimum GPA if you are a nonresident and a 2.0 if you are a West Virginia resident, you need a 3.5 GPA to qualify for a business program and a 3.8 for the Forensics Identification program of the Honors College. Some programs are more difficult to get into.

Admission facts

Admissions data as of 2008:

Percent of Applicants Admitted: 88%
Test Scores — 25th/75th Percentile
SAT Critical Reading: 470/560
SAT Math: 480/580
ACT Composite: 21/26
ACT English: 20/26
ACT Math: 20/25

You will notice that the university prioritizes the residents of West Virginia, with the lower minimum requirements. The minimum requirements for both residents and nonresidents, as shown above, can be considered low by national standards. Note though that there are programs that have pretty high requirements.

Contact info

Office of Admissions
PO Box 6009
Morgantown, WV 26506-6009

Phone: 304-293-2121
Fax: 304-293-8832
Email: go2wvu@mail.wvu.edu