Focus on performance, not salaries

The ISB competes with IIMs and other premier B-schools but they have no intention of revealing their top salaries, reports Ashok Das.

The Indian School of Business, Hyderabad, that earlier competed with the IIMs and other premier B-schools in advertising their highest pay packets announced they had no intention of revealing their top salaries. "It brings a lot of pressure on students who get less than the top salaries," said Sabita Mahajan, faculty, ISB, which announced its placements on Wednesday.

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"The ISB has taken a decision of highlighting placement trends and sharing an overall picture of student performance during the placements season," declared ISB Dean, M. Rammohan Rao. "We believe that announcing the annual salary of a handful of students out of a large class of 450, does not give a clear and fair picture of the performance of the entire class."

The placements this year have surpassed all previous records, with a 100 percent increase in international recruiters. The average Indian salary offered to ISB students this year is Rs 19 lakh and the average salary of all international offers is 144,812 US dollars.

"Our placement record this year is testimony to the fact that ISB students are highly sought after by industries across the world," said Deputy Dean, Ajit Rangnekar.

Pointing out that there has been 100 percent increase in international recruiters, he added, "placements 2008 have been truly global at the ISB with several leading and niche international companies visiting the campus. The number of international companies visiting the ISB has doubled this year, thereby establishing the fact that the ISB has indeed become a talent pool for the world."