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I have seen a lot of claims from people online that ISB placement reports are manufactured to look better than they are in reality. I wasn't aware of this before applying. Now that I've secured an admission, these claims are a bit worrying and I wish to gain insight into this before committing to the initial fee payment. The average CTC seems to be around ₹34 lakhs in 2022. Is this the true value? What could be the expected components of this total (Fixed component, performance bonus etc)? I know this varies by function and industry but I just want to get a general idea. Since there isn't an independent audit, this information is hard to come by. I've also seen claims that the first-year salary post-graduation is inflated by a signing bonus and that it drops significantly in the second year. I'm not sure if this is the right place to ask but if anyone with more information could comment on this, I would greatly appreciate this.
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It's true to an extent that CTC figures are kinda inflated as core breakup of fixed + variable are not shared.. i guess it's same with other b school as well in India... ISB is a good B school has good ranking.. see long term benefit of enrolling into school than just CTC figures which anyway keep changing yoy
Anfang2580 Based on my experience, I would suggest you to look for companies with long term performance record and good reputation to work for in your placements. Please don't get confused by CTC figures which may be inflated. ISB also has got a very good reputation and I hope your decision is correct but you may be paying opportunity cost of doing MBA program.
Anfang2580
I have seen a lot of claims from people online that ISB placement reports are manufactured to look better than they are in reality. I wasn't aware of this before applying. Now that I've secured an admission, these claims are a bit worrying and I wish to gain insight into this before committing to the initial fee payment. The average CTC seems to be around ₹34 lakhs in 2022. Is this the true value? What could be the expected components of this total (Fixed component, performance bonus etc)? I know this varies by function and industry but I just want to get a general idea. Since there isn't an independent audit, this information is hard to come by. I've also seen claims that the first-year salary post-graduation is inflated by a signing bonus and that it drops significantly in the second year. I'm not sure if this is the right place to ask but if anyone with more information could comment on this, I would greatly appreciate this.