|
PREFACE
The Placement Policies of the Indian School of Business for the Class of 2012, as framed by Career Advancement Services Office comprise the following details
-
CAS Objectives
-
Placement Process at The ISB
-
Policies for Recruiters
|
|
Career Advancement Services (CAS) - Objectives
|
|
Be a partner in Career Advancement of students to |
- Build and
develop relevant
competencies among
students for
placements
- Enable
placements for all
students
participating in the
process
- Strengthen
relationships with
Recruiters
- Get more
international
companies to recruit
at the ISB
- Fulfill talent
requirements for
recruiting companies
- Manage a
streamlined
Placement process,
considering
interests of the
Recruiters, Students
and the Institution
|
Placement Process
at the ISB
|
|
Policies for Recruiters |
|
The placement
process is designed
to ensure that both
the recruiter and
the student are able
to spend quality
time with each other
and arrive at
satisfying
decisions. The
Career Advancement
Services (CAS)
office at the ISB
works towards
ensuring a smooth
placement process.
To optimise the
recruiting
experience, CAS
follows a five-step
process:
- Online
Registration
- Pre-Placement
Talks
- Job postings,
Applications
(Expression of
Interest - EOI or
Letter of intent and
Resume) and
Shortlists
- Interviews
- Job Offers and
Acceptances
|
|
|
 |
|
Online Registration:
|
Recruiters are
required to
register online
at
www.isb.edu/placement.
For any
assistance in
registering, the
CAS team may be
contacted at
Placements@isb.edu.
Recruiters are
required to
accept the terms
and conditions
by mailing a
printed signed
copy of “Terms
and Conditions
for campus
recruitment”
available on the
website to the
CAS office.
Companies
offering
Experiential
Learning
Projects (ELPs)
and wishing to
make Pre-
Placement Offers
(PPOs) should
inform the CAS
Office and PGP
Projects Office
before
January 02, 2012.
If a student
receives a PPO
it will be
considered as
One Offer of the
two which s/he
is eligible for,
and if accepted,
it will be
treated as an
“Accepted Offer”
and the student
will be out of
the placement
process. All
other companies
would follow the
Placement
Process as
detailed below
Pre Placement Talks (PPTs):
November
01 to December
31, 2011
|
|
This is an ideal
opportunity for
companies to share
information about
their organisations
with students and to
enthuse them to
explore career
options.
- Time
slots for
PPT vary by
day of the
week:
Monday to Friday - from 19:30 hrs to 23:00 hrs
Saturday and
Sunday - from 11:00 hrs to 17:30 hrs
- ISB
gives equal
opportunity
to all
recruiters.
Each PPT
therefore is
allotted 45
minutes:
- 30
minutes for
presentation
- and 15
minutes to
respond to
students’
queries
- To register a date and time for PPT, please log on to our placement website
www.isb.edu/placement.
- The CAS
Office will
arrange for
facilities
(audio-visual
and support
services)
that may be
needed for
the
presentation.
Companies
are
requested to
let CAS know
about their
requirements
in advance
|
|
Job Posting, Applications and Shortlist |
- Job
postings can
be uploaded
by the
recruiter on
the ISB
placement
website
- Students
will respond
by
submitting
their
applications
(Expression
of Interest-EOI
or Letter of
intent and
Resume)
according to
the
company’s
deadlines
-
Companies
are
requested to
forward
shortlist to
the CAS
office at
least 7 Days
before the
interview
date. The
CAS office
will inform
the short
listed
students
- Blue Tag
job posting:
A job
posting
which has
all the
required
information
(Designation,
Work
Location,
Salary –
Fixed &
variable and
job
description)
without any
ambiguity,
is
considered
as a Blue
Tag Job
Posting. If
the job
posting is
tagged then
the student
applying to
such Job
Posting
cannot
negotiate on
the offer
made
|
|
Interviews: |
 |
|
January 19 to March
31, 2012: Interviews
will be held between
0900 hrs to 1800
hrs. The schedule is
as below:
| Slot |
Dates |
Offer opening date & time |
| Day 01 |
January
19 to 22,
2012 |
on
January 22,
2012 @ 6:00
PM |
| Day 02 |
February 03
to 05,
2012 |
on
February 05,
2012 @ 6:00
PM |
| Day 03 |
February 17
to 19, 2012 |
on
February 19,
2012 @ 6:00
PM |
| Day 04 |
February 22,
2012 |
on
February 22,
2012 @ 6:00
PM |
| Day 05 |
February 24,
2012 |
on
February 24,
2012 @ 6:00
PM |
Subsequently the interview
process will continue till March 31,
2012
Pre-
Interview Process
Companies can visit campus to
complete Pre-interview processes
earlier to DAY 01/date assigned.
Companies cannot make offers on
these dates. Pre-interview process
includes any Questionnaire, written
assessment / psychometric test or
group discussions.
Policy for
senior students
Senior students with 8
or more years of work
experience needs a
separate process, as
they may have to go
through multiple rounds
of detailed interviews,
considering their
seniority. The placement
process for these
students will start from
November 2011 onwards.
|
|
Job Offers and Acceptance policy:
- The ISB
allows a
student to
receive TWO
offers or
accept ONE
offer.
Thereafter,
the student
exits the
placement
process
- To
facilitate
logistics
for
international
companies /
teams, who
cannot come
in during
the regular
placement
schedule
starting on
January 19,
2012, CAS
allows them
to complete
the process
earlier. The
dates could
be fixed in
consultation
with CAS.
Such firms
will have to
hand over
sealed Final
Interview
Forms (FIF)
& offers to
CAS and
these offers
will be
opened only
at the end
of the first
day of
Placements
(January 22,
2012)
- Companies
are
requested to
process the
Visa
requirements
and other
travel
formalities,
for students
who may have
to attend an
interview in
any of the
client’s
international/domestic
locations
- All
companies
are
requested to
hand over
the filled
in FIF
‘Final
Interview
Form’ to CAS,
on
completion
of the
process and
to send the
Formal Offer
Letter
within seven
days, to the
CAS Office
- FINAL INTERVIEW FORM (FIF):
To make an
offer to a
student,
companies
need to
complete the
Final
Interview
Form (FIF)
- Part 01
- At the end
of the final
interview,
if company
representatives
are
considering
making an
offer to the
student,
they have to
fill in the
FIF with
details of
offer which
is then
signed by
the student.
Part 01 of
the FIF is
not
applicable
for the Blue
Tag Job
postings
- Part 02
- On
deciding to
make an
offer, the
offer
confirmation
portion is
completed by
the
recruiter
and then the
Final
Interview
Form is
handed over
to the
Career
Advancement
Services
Office in a
sealed
envelope.
- CAS will
broadcast
the student
status on
the
placement
website at
the end of
each
placement
day. All
companies
are advised
to check the
status of
their
shortlisted
students on
the website
- Students
are required
to confirm
their
Acceptance/Rejection
of job
offers
according to
the
company’s
deadline
mentioned in
the FIF. The
earliest
offer
acceptance
deadline
that a
recruiter
can ask for
is the end
of the next
placement
day
- All
companies
are also
requested to
keep the CAS
office
informed for
all the
hires/recruitment
they do
within 3
months from
the date of
Graduation
for the
current
class
students.
This is to
keep a check
on the offer
reneging by
the students
Important dates:
Pre Placement offers |
: |
January
02,
2012 |
|
Pre-Placement
Talks |
: |
November
01,
to
December
31,
2011 |
|
Job
Posting,
Applications |
: |
November
01,
2011
onwards |
|
Shortlists |
: |
At
least
7
days
before
the
interview
date |
|
Interviews |
: |
January
19,
to
March
31,
2012 |
|
Job offers Letters |
: |
One
week
from
the
date
of
offer
and
not
later
than
March
31,
2012 |
-
You
may use
the
student
profile
handbook
as a
reference
to
understand
the
diversity
at the
ISB.
We urge
you not
to use
the
handbook
for
short
listing
candidates
-
Please
channel
all
communication
related
to
placements
only
through
the CAS
office.
(Placements@isb.edu)
Detailed CAS
policies are
available on
the website:
www.isb.edu/placement
|
|
|
Payment
Policy
In view of the escalating
costs for providing
placement facilities
(infrastructure and web
based services), we charge
as below, to partially
recover costs:
For first
interview of the Placement
process (on-campus,
off-campus or any other
method) in placement period
or earlier –
Fixed Placement Cost – Class of 2012
| |
If company makes one or two offers |
If company makes more than two offers |
Day 01 & 02 or earlier |
1,65,000/- |
Rs
330,000/- |
Day 03 & 04 |
Rs
1,65,000/- |
Rs
220,000/- |
|
Day 5 |
Rs
1,10,000/- |
Rs
1,65,000/- |
After Day 5 |
Rs
80,000/- |
Rs.
80,000/- |
The ISB
will
raise an
invoice
for the
Fixed
Placement
cost
towards
infrastructural
support,
plus
applicable
service
tax (the
existing
rate for
the
current
financial
year
being
10.3%)
after
the
recruiting
company’s
slot is
confirmed.
A
company’s
slot
will be
confirmed
on the
basis of
student
tiering
and the
preference
of the
company.
-
Companies
are
requested
to
make
payments
within
07
days
of
the
invoice
date
Note:
Companies
are
requested
not to
deduct
Income Tax
at source
from the
payment due,
as the ISB
has obtained
a
certificate*
from Income
Tax
authorities
to this
effect. A
copy of the
certificate
can be made
available to
the
recruiters.
For further
details
contact:
Kartik
Agarwal
ISB Campus
kartik_agarwal@isb.edu
+91 88975
09257
Kiran Neti
ISB Campus
Placements@isb.edu
+91 97014
73666
Shrinivas
Hari
International
Shrinivas_hari@isb.edu
+91 93945
68035
Career
Advancement
Services
Indian
School of
Business,
Hyderabad –
500032
Telephone:
+91 40
23187420
Fax: +91 40
23187030
* The certificate shall remain in force until March 31st, 2011
|
 |
|