Shilpa Bajoria and the other 3 guys must on cloud nine after their unprecedented performance in Placements at ISB. How these guys must be feeling at this moment????? It’s hard to imagine what must be going through their minds during and after placements... I saw her and One of Prof's interview on India TV. Though Prof and Deputy Dean was not at all fluent in Hindi, This lady was speaking impeccable Hindi in her melodious voice (might have played a major role during placement interview).
Few Points on whole story:
The figure of $233000 was translated in 1 crore by all media channels and even ISB on their website(http://www.isb.edu/media/PressReleaseDetails.asp?ReleaseId=93&ItemId=98) This direct conversion of dollars in Rupees is not at all right because of difference in cost of living and difference in purchasing power parity.(You buy a sandwich for your lunch at 5$ doesn't mean that you are spending Rs200 for your lunch.). Media and definitely ISB should have refrained from quoting figures in Rupees.
The domestic avg is around 11 lakh rupees and growth of domestic salary was just 18%. This makes ISB still very much comparable with IIMs in spite of the avg work ex stands at 5.5 years at ISB versus avg 1 yr at IIM(A), But Nevertheless a great performance.
Placements @ ISB prove that they are able attract best talent and clearly they have set the fight with IIMS in clear Terms.
With Hullabaloo on Reservation is on, ISB is continuing to make strides and is busy setting itself as one of best Management Institutes in world which churns out Management graduates trained under context of developing economies.
Employers will hard to find the best combination of glocal knowledge at any other Institute than ISB.
Let's wait for year to see the trends becoming permanent.
2 comments:
camelpost>
It is strange that AICTE has raised questions on ISB standards becuase AICTE has no rights to poke its nose in ISB affairs as ISB is not affiliated to AICTE. May be AICTE mandarins can't tolerate that they don't have any say in ISB.
But I disagree with you regarding IIMB not meeting AICTE standards in Singapore because so called "AICTE stnds" are supposed to be applicable in India and not in Singapore. Moreover, It is upto Govt. of Singapore and their regulatory authorities to decide whether IIMB is really meeting standards and maintaining the world class standards, that they have promised or not?
None of the media groups looks into the kind of profile these students have got, the 1 crore lady has got a very impressive resume naturally such people deserve good packages all the media does is make a huge noise about the sal belittling the hardwork these chaps have done and painting a rosy picture to people that just scrap thru an mba and u wud get a whopping salary
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