When you think of top business schools in India, one name that consistently stands out is the Indian School of Business (ISB). With its stellar reputation, world-class faculty, and global alumni network, ISB has become the go-to destination for MBA aspirants in India. But there’s one question that nearly every potential student asks: What is the ISB average package, and how does it stack up against the investment you’ll make?
The ISB average package is more than just a number. It’s a reflection of the school’s commitment to excellence in placements, the strength of its corporate partnerships, and the readiness of its graduates for leadership roles in competitive industries. This guide will dive deep into the placement stats, explore the admissions process, and examine what makes ISB a top choice for ambitious professionals.
Whether you’re eyeing the Hyderabad campus or the Bangalore one, this blog will provide you with all the insights you need to make an informed decision.
Understanding the ISB Average Package
The ISB average package is often seen as a benchmark for return on investment (ROI) for its students. But what exactly does it represent, and how is it calculated?
What is the Average Package?
The ISB average package is the mean annual compensation offered to ISB graduates during campus placements. It includes fixed salary components, bonuses, and other perks. However, it’s essential to note that this figure doesn’t capture outliers or unique individual negotiations, which can significantly skew the picture.
How is it Calculated?
ISB calculates the ISB average package by summing up all salary offers (including pre-placement and lateral offers) and dividing them by the total number of placed students. To ensure transparency, ISB adheres to international reporting standards, giving aspirants confidence in the reported figures.
Why is ISB Average Package Important for MBA Aspirants?
For many students, the ISB average package is a deciding factor. It indicates the school’s ability to attract top recruiters, the industries hiring from ISB, and the financial outcomes graduates can expect.
What Are the Latest Figures of ISB Average Package?
According to ISB’s placement report for the Class of 2024:
- The average domestic package stood at ₹34.21 LPA (Lakhs Per Annum).
- The median package was slightly lower, at ₹31 LPA.
- An impressive 93% placement rate was achieved within three months of graduation.
Year-on-year trends show a consistent increase, reflecting ISB’s growing prestige among recruiters.
| Year | Average Package (₹) | Median Package (₹) |
|---|---|---|
| 2022 | 30.11 LPA | 28.5 LPA |
| 2023 | 32.76 LPA | 30.2 LPA |
| 2024 | 34.21 LPA | 31.0 LPA |
Key Takeaways
Understanding the ISB average package is more than just a number-crunching exercise—it’s about understanding the opportunities ISB creates for its graduates. This figure, combined with its placement ecosystem, positions ISB as one of the most attractive MBA destinations in India.
ISB Placements
ISB’s placement process is one of its strongest selling points, attracting top recruiters and offering students unparalleled opportunities to launch or accelerate their careers. Let’s take a closer look at how ISB placements work, key statistics, and what makes the Hyderabad campus stand out.
Overview of the ISB Placement Process
ISB adopts a highly structured and student-centric placement process to ensure the best outcomes for its graduates. The process typically includes:
- Pre-Placement Talks (PPTs): These sessions allow companies to present their profiles, roles, and expectations to students.
- Application Phase: Students submit tailored applications for their chosen roles.
- Interviews: Conducted on campus, recruiters assess candidates’ fit and potential.
- Offer Rollouts: Successful candidates receive offers, including detailed compensation packages.
ISB ensures transparency and fairness throughout the process, leveraging its robust network of industry partners.
Key Recruiters and Sectors
ISB has consistently attracted marquee recruiters from diverse sectors. Here’s a snapshot of the top recruiters and the sectors dominating ISB placements:
| Sector | Percentage of Offers | Top Companies |
|---|---|---|
| Consulting | 36% | McKinsey, BCG, Bain, Deloitte |
| Technology & IT Services | 28% | Microsoft, Google, Amazon, Infosys |
| Financial Services | 17% | Goldman Sachs, JP Morgan, Axis Bank |
| E-commerce & Retail | 12% | Flipkart, Myntra, Reliance Retail |
| Healthcare & Pharma | 7% | Novartis, Cipla, Dr. Reddy’s |
The consulting sector leads, accounting for over a third of all offers, followed by technology and IT services.
Placement Rates and Statistics
ISB boasts an impressive placement rate, with 93% of students securing jobs within three months of graduation in the 2024 batch. Additionally:
- Highest Domestic Package: ₹70 LPA
- Highest International Package: ₹1.2 Cr
- Average Package Growth: 9% annually over the past five years
Placements at ISB Hyderabad
The Hyderabad campus, being ISB’s flagship location, hosts a significant proportion of recruiters and students. Notable highlights include:
- Strength of the Placement Cell: The Hyderabad placement cell works closely with industry leaders, ensuring a tailored approach to matching students with roles.
- Alumni Success Stories: Alumni from ISB Hyderabad have reached leadership roles at companies like Amazon, BCG, and Flipkart, contributing to the campus’s stellar reputation.
Notable Success Stories
Success at ISB isn’t just about landing a job—it’s about transforming careers. One recent example is an ISB Hyderabad alumnus who transitioned from a mid-level IT role to a senior management position at a global consulting firm, doubling their compensation and significantly broadening their professional horizon.
Industry and Role Trends
The industry-wise and role-wise placement data reveal interesting insights:
- Roles: Product Management, Strategy Consulting, and Business Development were among the most offered.
- Industries: While consulting remains dominant, emerging industries like renewable energy and AI-driven tech firms are gaining traction at ISB placements.
ISB GMAT Cutoff and admission Criteria
Getting into ISB is a dream for many MBA aspirants. But what does it take to secure admission to this prestigious institution? Here’s a detailed look at the eligibility criteria and GMAT requirements for ISB’s flagship PGP program.
Eligibility Requirements
To apply to ISB, you need:
- A Bachelor’s Degree: Applicants must have a recognized undergraduate degree in any discipline.
- Work Experience: A minimum of 2 years of full-time work experience is recommended. Deferred MBA programs are available for fresh graduates.
- GMAT/GRE Score: A competitive score is essential to demonstrate aptitude.
- English Proficiency: Non-native speakers must provide proof of English proficiency (TOEFL or IELTS, if required).
GMAT/GRE Scores
ISB has no official GMAT cutoff, but competitive applicants typically score:
- Average GMAT Score: 710
- GMAT Range: 680-750
- Average GRE Score (Converted): ~320
Selection Process
ISB’s admissions process goes beyond scores to assess candidates holistically:
- Application Evaluation: Based on academics, test scores, and work experience.
- Essays & Recommendations: Applicants must submit well-crafted essays highlighting their strengths and a recommendation from a professional mentor or supervisor.
- Personal Interview: Shortlisted candidates are invited to a behavioral interview that tests their fit for ISB.
Comparison with Other Top Schools
Here’s how ISB stacks up against global MBA programs:
| School | Average GMAT | Work Experience (Years) |
|---|---|---|
| ISB | 710 | 4-5 |
| INSEAD | 710 | 5-6 |
| Harvard Business School | 730 | 4-5 |
Tips to Improve Your GMAT Score
- Start early and dedicate at least 2-3 months to preparation.
- Use trusted resources like Manhattan Prep and Official GMAT Guides.
- Practice mock tests to identify and improve weak areas.
- Consider professional coaching if self-study isn’t yielding results.
ISB Hyderabad and Mohali Campuses
The Indian School of Business has two campuses: Hyderabad and Mohali. Both follow a unified curriculum, ensuring students receive the same high-quality education regardless of location. The Hyderabad campus, spread across 260 acres, is known for its modern infrastructure, including smart classrooms, a fully-equipped library, and premium student housing. It also fosters a vibrant environment with active student clubs, cultural festivals, and networking opportunities. Mohali, although smaller at 70 acres, offers an equally enriching experience. It features advanced research facilities, focusing on specialized areas like healthcare and public policy, and attracts a more international cohort due to its emphasis on diversity.
ISB Rankings and Global Recognition
ISB is consistently ranked among the top global and Indian business schools. In 2024, it secured the 32nd position in the Financial Times Global MBA Rankings and the 28th spot in the QS Global MBA Rankings. Within India, ISB is considered the best business school, holding the #1 position in the Business Today Rankings. These achievements are attributed to ISB’s rigorous curriculum, internationally reputed faculty, and the success of its graduates, who continue to excel in various industries worldwide.
The Alumni Network: A Lifelong Advantage
ISB’s alumni network, with over 13,000 members in more than 60 countries, is a cornerstone of its success. Graduates often rise to influential roles in top companies, strengthening ISB’s reputation globally. Notable alumni include Ankur Warikoo, co-founder of Nearbuy; Harsh Jain, CEO of Dream11; and Avani Davda, former CEO of Tata Starbucks. Alumni engagement remains active through mentorship programs, networking events, and job opportunities exclusive to ISB graduates. This extensive and accessible network is a significant asset, offering lifelong professional and personal growth for its members.
ISB Fees and Financial Aid
Comprehensive Fee Structure
The cost of the flagship Post Graduate Program (PGP) at ISB is approximately ₹41,00,000. This includes ₹37,48,000 for tuition fees, ₹2,00,000 for living expenses, and ₹1,25,000 for books and materials. While the fees may seem steep, ISB justifies its value by consistently delivering high placement outcomes and significant salary growth for its graduates. It’s important to note that the fee structure is uniform across both Hyderabad and Mohali campuses, ensuring transparency and fairness for all students.
Scholarships and Financial Support
ISB provides robust financial aid options to help students manage their educational expenses. Scholarships such as merit-based awards for top-performing candidates, need-based support for financially constrained students, and diversity scholarships encourage applications from underrepresented backgrounds. In addition, corporate-sponsored scholarships from organizations like Aditya Birla Group, Citi, and Bajaj provide further financial assistance.
ISB has also partnered with leading banks to offer low-interest education loans with flexible repayment terms, making its world-class MBA accessible to deserving candidates. For many students, this support not only reduces the financial burden but also ensures they can focus fully on their academic and career goals.
FAQs
1. What is the current ISB average package?
The ISB average package for the Class of 2024 is an impressive ₹34.21 LPA (Lakhs Per Annum), reflecting the robust demand for ISB graduates across industries. The median package is slightly lower, at ₹31 LPA, which indicates consistency in placement outcomes. ISB’s placement statistics continue to show year-on-year growth, making it one of the most attractive MBA programs in India.
2. How do ISB Hyderabad and Mohali compare in placements?
ISB follows a unified curriculum and placement process across both campuses, ensuring there is no disparity in placement opportunities. Hyderabad, as the flagship campus, hosts a larger number of recruiters and often attracts higher placement volumes. Mohali, on the other hand, focuses on research-intensive specializations, appealing to candidates with niche interests. Overall, both campuses deliver strong placement outcomes, with the Hyderabad campus slightly leading in terms of recruiter presence.
3. What is the minimum GMAT score required for ISB?
While ISB has no official GMAT cutoff, competitive applicants typically have scores between 680 and 750. The average GMAT score for ISB’s Class of 2024 stands at 710, which aligns with global business school standards. Applicants with scores below this range can compensate by highlighting exceptional work experience, leadership potential, or achievements in other areas.
4. What are the eligibility criteria for ISB Hyderabad?
Applicants must have a recognized undergraduate degree, a minimum of two years of full-time work experience, and a competitive GMAT/GRE score. While the average work experience of ISB students is 4-5 years, candidates with exceptional profiles can apply with fewer years of experience. Proficiency in English is mandatory, and international applicants may need to provide TOEFL/IELTS scores.
5. How strong is ISB’s alumni network?
ISB’s alumni network is among the strongest in India, with over 13,000 graduates excelling in leadership roles worldwide. Alumni actively engage with the school, mentoring current students and hosting networking events. Their success in top firms like McKinsey, Amazon, and Dream11 reinforces the value of an ISB education, making the alumni network a lifelong resource for professional growth.
Conclusion
The Indian School of Business remains a top choice for MBA aspirants seeking a transformative career journey. With a strong average package of ₹34.21 LPA, ISB delivers exceptional ROI, backed by a structured placement process and a network of over 13,000 influential alumni. Its Hyderabad and Mohali campuses provide world-class learning environments, ensuring students gain the skills and exposure needed for global success.
Admissions to ISB are competitive, requiring strong GMAT/GRE scores, relevant work experience, and a compelling application. However, ISB’s financial aid programs, scholarships, and education loans ensure that deserving candidates can access this premier program. If your goal is to elevate your career, ISB offers the platform, resources, and network to make it happen. Now is the time to take the leap—start your application journey today and secure your place at one of India’s most prestigious business schools.
