Policies

PREFACE
 
The Placement Policies of the Indian School of Business for the Class of 2017, as framed by Career Advancement Services (CAS) Office comprise the following details

  • CAS Objectives
  • Policies for Recruiters
  • Career Advancement Services (CAS) Office
 

These policies are applicable to the students of Class of 2017, prospective recruiters and CAS team members

 

The current policies are also available online at http://placement.isb.edu/recruiter/index.aspx

 

Career Advancement Services (CAS) - Objectives

Be a partner in Career Advancement of students to

  • Enable placements for all students participating in the process
  • Create and maintain strong relationships with recruiters
  • Work with Recruiters to align the talent availability at ISB with talent needs of market in terms of number of offers, roles and compensation
  • Manage a streamlined Placement process, taking care of the interests of the students, recruiters and the School
  • Provide feedback for building relevant competencies in students to the Learning & Development team at ISB

Placement Process at the ISB - Class of 2017

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.

Integrated Placements

Integrated Placements are a natural extension of the 'One School Two Campuses' philosophy that ISB follows, according to which, the admission policy, academic calendar, mix of resident and visiting faculty and the placement policy are common across both the ISB campuses.

All job postings will be open to and applicable for students across both the campuses in equal measure. Shortlisted students from both the campuses will be made available for interviews/ selection process as per the respective placement schedules at the designated venue.

Companies are encouraged to visit both campuses for sessions/PPTs by sending representatives of equal rank for better student interaction.

To optimise the recruiting experience, CAS follows a five-step process:

  • Online Registration
  • Job postings
  • Applications(Expression of interest - EOI and Resume) and Shortlists
  • Interviews
  • Job Offers and Acceptances
 

Online Registration: Goto Top

Recruiters are required to register online at http://placement.isb.edu/recruiter/index.aspx. For any assistance in registering, the CAS team may be contacted at Placements@isb.edu. Recruiters are also required to accept the terms and conditions by mailing a printed signed copy of "Terms and Conditions for campus recruitment for Recruiters" available on the website, and send it to the CAS office.

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 and/or Resume) according to the company's deadlines
  • Companies are requested to forward shortlist to the CAS office or update the same in the placement portal at least 15 Days before the interview date and interview process details at least 7 days prior to the designated placement day. The CAS office will inform the shortlisted students
 

Blue Tag job posting: A job posting which clearly specifies Designation, Work Location (except for leadership roles or MT roles), job description and total CTC (within a range of INR 2 lakhs), indicating Fixed & Variable Components thereof, without any ambiguity, is considered as a Blue Tag Job Posting. The student applying to such Job Posting cannot negotiate on the offer made

Interviews: Goto Top

November 23, 2016 to March 31, 2017: Interviews will be held between 0800 hrs to 1800 hrs.

  • The Domestic placements will commence in November 2016 and the placement process will continue till March 31, 2017
  • CAS Account Manager or placement officer will notify the placement day for your organisation.

Companies will have to visit campus only on the designated placement days. Interviews schedules will be prepared by ISB based on the student preference or availability. Companies are requested to adhere to this schedule only. Companies are to meet all their shortlisted students before releasing offers. Companies cannot hold a student more than the time specified in the interview schedule or one hour whichever is less. The Volunteer will request the panel to release the student so that student can attend interviews of other companies. Incase companies do not cooperate to the request, ISB can intervene and stop the process.

Pre- Interview Process:

Companies can visit campuses to complete their Pre-interview processes (if any) before the placement day assigned to them. Companies cannot make offers on these dates. Companies will have to complete this process for all shortlisted students from both campuses, before their respective placement day. No pre-processes or presentations on the designated placement days.

Companies need to visit both campuses physically if interviewing in between the Placement Days.

Policy for senior students

Senior students with 8 or more years of work experience need 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 October 2016 onwards.

PPO policy:

Companies offering Experiential Learning Projects (ELPs) and wishing to make Pre- Placement Offers (PPOs) should inform the CAS Office and SEAL Office before November 15, 2016.. 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

Job Offers and Acceptance policy:

  • The ISB allows a student to receive up to TWO offers. In case the student decides to accept the first offer received, s/he will be immediately taken out of placement process.
  • 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 location (International/Domestic).
  • To facilitate logistics for international companies / teams, whose recruiting calendar is different, 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. The final offers will be opened only at the end of the Day 1 Placements (November 26, 2016)
  • All companies are requested to hand over the filled in FIF to CAS, on completion of the process and to send the Formal Offer Letter (soft/hard copy) within 15 days, to the CAS Office address mentioned below.
    • FINAL INTERVIEW FORM: To make an offer to a student, companies need to complete the 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 the terms and conditions subject to which the offer will be made and sign the document.
    • Part 2 - The student's signature confirms that s/he has fully understood the terms on which the company may make an offer. If an offer is made by the company the student will receive it as one of the two offers which s/he is eligible for. Student signature part in the FIF is not applicable for the Blue Tag Job postings
    • Part 03 - 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 (CAS) Office in a sealed envelope
  • CAS will broadcast the student status on the placement website at the end of each placement day. The current status would be made available in the placement portal
  • Students are required to confirm their Acceptance/Decline of job offers according to the company's deadline mentioned in the FIF. The offer acceptance deadline that a recruiter can provide for is 24hrs
  • Companies who have recruited students from the current class should inform CAS the actual DOJ within one month from the DOJ.
  • Recruiters should honor the offer commitment which they made on campus. Any deviations in the below mentioned points will have to be notified to the school via CAS CR (not to students directly) & pay 3 months gross salary towards any change. Deviations like change of date of joining beyond June, any downward revision of salary, location change, role/designation change.
  • Even though the company has reneged offer or delayed the date of joining - they must pay the placement fee by June of next financial year as per terms for campus placements
  • Important dates:
     
    Pre placement talks on specified dates only, Contact CAS Account Manager or Placement officer
    Pre Placement offers : November 15, 2016
    Job Posting, Applications : September 1, 2016 onwards
    Shortlists : At least 15 days before interviews
    Interviews : November 25, 2016 to March 31, 2017
    Job offers Letters 15 days from the date of offer and not later than March 31, 2017
Cas policies are also available on the website https://placement.isb.edu/recruiter/index.aspx
Placement DAY 1 Schedule

Slot

Placement Campus

Dates

Offer Opening Date & Time

Day 1 Travelling

Mohali

23rd November,2016

 

Day 1 Preprocess

Mohali

24th November, 2016

 

Day 1 (1.1)

Mohali

25th November, 2016

 

Day 1 (1.2)

Mohali

26th November, 2016

26th November, 2016

 

Placement Fees

  • All recruiters are charged placement fees based on the number of offers they make, and the day of participation in placement calendar.
  • The fee applicable for the current year 2016-17 is given in the Annexure 1.
 

Anti Discrimination and Sexual Harassment Policy

The Indian School of Business (ISB) is committed to creating an environment free of any discrimination based on age, caste, creed, color, disability, gender, nationality, religion, or sexual orientation.

Creating an environment that is free of prejudice is an integral part of the anti-discrimination policy at the ISB. By such an environment, we mean that opportunities are based on merit and not on any discriminating factor mentioned above. Further, we are respectful of the differences in people and the environment is free of harassment based on these differences.

A more specific form of discrimination and harassment is based on gender i.e., sexual harassment. Sexual harassment includes unwelcome sexual advances, requests for sexual favors, and other physical or verbal conduct of a sexual nature.

Visitors to the ISB campus are supposed to be aware of the School's Anti discrimination and Anti sexual harassment policy and adhere to it.

For futhur details contact:

Name Zone Email ID Mobile no
Bhishm Chugani North & West Bhishm_Chugani@isb.edu +91 98330 70100
Amit Abrol North Amit_Abrol@isb.edu +91 98182 55349
Arpit Kapoor North Arpit_Kapoor@isb.edu +91 97947 66727
Vibha Kumar North Vibha_Kumar@isb.edu +91 99991 60550
Chandrakant Singh West Chandrakant_Singh@isb.edu +91 99301 00543
Prachi Pawar West Prachi_Pawar@isb.edu +91 99877 78546
Shrinivas Hari East & Emerging markets Shrinivas_Hari@isb.edu +91 93945 68035
Kiran Neti Central & South Kiran_Neti@isb.edu +91 97014 73666
Ram Kamesh Central Ramkamesh_JV@isb.edu +91 99492 92946
Kunal Dhawan South Kunal_Dhawan@isb.edu +91 98408 69101
Dhaval Patel International & Finance Dhaval_Patel@isb.edu +91 99204 89015
Kishore H ISB - Campus Placements@isb.edu +91 80080 55598

 

Uday Virmani
Director - Career Advancement Services
Indian School of Business
ISB Campus, Gachibowli, Hyderabad - 500032, Telangana, India
Corporate Identity Number: U80100TG1997NPL036631
Ph: +91 40 23187402/ 7523 Fax: +91 40 23007030
E-mail: placements@isb.edu

Annexure 1

The fee structure for participation in ISB's placement program is as follows : -

Fixed Placement Cost - Class of 2017

Placement Dates Up to 2 Accepted offers (INR*) 3- 5 Accepted offers (INR*) More than 5 Accepted offers (INR*)
Day 01 or earlier Rs 2,50,000/- Rs 4,50,000/- Rs 6,00,000/-
Day 02 Rs. 2,50,000/- Rs 4,00,000/- Rs 5,00,000/-
Day 03 Rs 2,00,000/- Rs 3,00,000/- Rs. 4,00,000/-
Day 04 Rs. 1,50,000/- Rs 2,50,000/- Rs. 3,00,000/-
Day 5 Rs 1,25,000/- Rs 2,00,000/- Rs. 2,50,000/-
After Day 5 Rs. 1,00,000/- Rs. 1,00,000/- Rs. 1,00,000/-

 

Service Tax @ 15 % to be added to the above Placement fee

 

(* Note: All the above charges are Exclusive of service tax, the existing rate for the current financial year being 15%))

  • 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 15%) depending on the number of acceptances and first placement day they have participated. A company's slot will be confirmed on the basis of student tiering and the preference of the company.
  • The above placement cost is exclusive of boarding and transportation charges incurred for the interviews at the ISB.
  • Charges will be applicable based on the first date of the interview.
  • Companies are requested to make payments within 30 days from the invoice date.
 

Note:
For any clarifications, contact placement office or account manager.