Indian School of Business, one of the premier B-schools in India, said 70 per cent of its Class of 2003 students received job offers through the school's rolling placement process.
In a statement, ISB said 110 students received 150 job offers so far. The ongoing rolling placement process is, thus, likely to end much before the scheduled time if one goes by the current pace.
"The ISB's Class of 2003 has a strength of 169 students. Of these, 155 students are participating in the placement process while the remaining 14 will be joining business houses that they initially came from," ISB said.
"We introduced the concept of lateral hiring to Indian companies and achieved excellent placement results for the Founding Class of 2002," ISB dean Vijay Mahajan said.
The rolling placement process has been designed to augment lateral hiring into companies. Placement activities are spread over several months, from January through April, during which time companies visit the campus and interact with students.
Placement activities are divided into two cycles - cycle I through January and mid-February and cycle II from mid-February to the time of graduation in April. More than 60 companies visited the ISB campus during cycle I. Moreover, recruiting companies are not ranked and have the liberty to choose a time-frame appropriate to their internal requirements.
Companies that made jobs offers in cycle I include Astra Zeneca, BCG, Citibank, Coca Cola, Cognizant Technology Solutions, GECIS, Godrej Industries, Hindustan Lever, HSBC, ICICI Bank, I-Gate, Infosys, ITC, McKinsey & Co, Microsoft, Novartis, Reliance Industries and Satyam Computer Services.
Cycle II is now in progress. The companies that will be visiting ISB during the cycle include CGE &Y, Cadbury India, Deloitte Consulting, Deutsche Bank, General Motors, Goldman Sachs, Patni Computer Systems and Wockhardt.