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Hyderabad-based Indian School of Business said on Wednesday the average cost to company, which has been offered to its students this year is Rs 19 lakh (Rs 1.9 million), but did not disclose the highest CTC.
The comprehensive average of all the international offers, including those from the US, Europe, Asia Pacific and West Asia stood at $1,44,812.
According to ISB's report, the international averages of the US stood at $1,38,614, Europe at $1,56,658, Asia Pacific at $1,45,607 and West Asia at $1,25,389.
The number of international companies visiting the ISB has doubled this year with 41 new foreign firms visiting the campus for the first time.
Asked why the institute was not revealing the highest salary package offered, ISB Deputy Dean Ajit Rangnekar told reporters, "Talking about a few fat packages does not give a true picture of the industry trends and the expectation of the students shoot up drastically".
The offers encompass a range of functions and industries such as consulting, manufacturing, real estate, IT and others.
While maximum placements have happened in the financial services (22 per cent) and consulting (44 per cent).
This year a total of 81 per cent students have made career shifts. Interestingly, the batch of 2008 had 25 per cent women, which according to ISB is the largest number in an Indian B-School.
"106 women students out of the batch of 422 students have received several senior roles across industries. Their CTC has increased three times over after completing the ISB programme as compared to what it was before joining," ISB Director (Career Advancement Services) V K Menon said.