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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
SpacerPlacement 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
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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: Goto Top

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

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