Wednesday, April 11, 2007 (10:15:18) B-school graduates get record salaries Hyderabad: The Class of 2007 of the premier Indian School of Business (ISB) has attracted record salaries, with the top international offer being $269,000 (Rs 11.8 million) against the highest domestic offer of Rs 4.39 million, it was announced in Hyderabad on Tuesday. The average international salary was $135,000 and the average domestic salary 1.50 million. Interestingly, a large number of students opted for domestic jobs. "The placement results for 2007 have been outstanding," ISB dean M Rammohan Rao said. "There has been a sharp increase in the CTC (cost-to-company) levels and our students have shown immense confidence in making choices that suit long term career prospects over immediate salaries," he added. The Class of 2007 completed the one-year intensive Post Graduate Programme in Management April 7. Of the 416 students in the class, 414 participated in the placement process that concluded Tuesday and, among them, received 584 offers from over 200 companies that visited the campus during the last few months. The Class of 2008 will commence April 15. "The high CTC levels demonstrate the confidence that companies have in the high quality of the ISB's management talent," said Rao, even as he added a word of caution. "We need to take a balanced view of international offers given by multinational companies. I urge everyone to use these figures in the proper context so that potential students may get the correct picture of what they can achieve in a management institution." The Class of 2007 received offers from a variety of companies and industries. (IANS) http://www.headlinesindia.com/education/index.jsp?news_code=34091