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ISB: Indian School of Business
The Indian School of Business evolved from the need for a world class business school in Asia. Our founders- some of the best minds from the corporate and academic worlds- visualised the leadership needs of emerging Asian economies. They recognised that the rapidly changing business landscape would require young leaders with an understanding of evolving economies, but also with a global perspective. The ISB is committed to its role in creating such leaders through its innovative programmes, outstanding faculty and thought leadership.
Our Vision
Our vision is to become an internationally top-ranked, research-driven, independent management institution that grooms future leaders for India and the world. Funded entirely by private corporations, foundations and individuals from around the world, who believe in its vision, the ISB was conceived as a not for profit organisation.
With increased globalization, the ISB sees three important trends which will influence its direction for research and education in the coming years:
• Requirement for global competencies in this part of the world
• Globalization of Indian corporations
• Increasing interest in management best practices in emerging markets, including India
With a diverse mix of students from different industries, experiential and holistic learning, international faculty and students, and strong corporate involvement, life at the ISB is a unique experience for students, executives, faculty, staff and their families. And life after the ISB is never the same, a fact our alumni will vouch for.
Programmes Offered:
1) Full Time Post Graduate Programme in Management
2) Pre-Doctoral Programme
3) Executive Education Programme
4) Financial Engineering Programme
Full Time Post Graduate Programme in Management:
Challenging, comprehensive and global in scope, the one year full-time Post Graduate
Programme in Management at the ISB aims to make you a future ready leader. Designed for professionals with work experience, it covers a wide spectrum through globally developed contemporary curriculum, case studies and real life projects.
The course emphasises holistic learning and provides multiple learning opportunities through interactions with faculty, peers and business leaders. It is unique as it provides a comprehensive management programme in the span of one year.
The PGP minimises the opportunity cost of pursuing management education, in terms of both time and money, without compromising on quality and content; making it a highly attractive value proposition
The unique interventions of our course are:
1) Leadership Development Programme
2) Planning an Entrepreneurial Venture
3) Experiential Learning Programme
4) Independent Study Programme
5) Corporate Interaction
6) The International Student Exchange Programme
We welcome you to explore this opportunity to add value to your career.
Pre-Doctoral Programme:
The Pre-Doctoral Programme represents the ISB's mission to do top quality research commensurate with its global ranking. This programme is the first attempt in the country to train aspiring researchers and prepare them for admission into established doctoral programmes in business around the world, primarily in the USA and Europe. The programme begins in September 2008. The major fields offered are Accounting, Financial Economics, Information Systems, and Operations Management. Pre-doctoral candidates, upon successful completion of the programme, are expected to pursue a doctoral degree in a leading institute.
First Year
In the first year, you will take introductory doctoral level courses, in Probability and Statistics, Optimization Methods, Micro Economics, Econometrics and Research Methodology. In addition, you will assist resident faculty with research and teaching. This will help you gain research and teaching experience, and will improve your chances of admission to top-tier PhD programmes.
Second Year
The second year of the programme will consist of course work in the major field of interest, completion of an academically sound research paper in the chosen area and hands-on research in close collaboration with faculty. By the end of the second year, you are expected to obtain admission into a top-tier doctoral programme in your major field.
Executive Education Programme:
The CEE primarily offers three types of programmes designed for senior executives with a high potential for leadership. Faculty drawn from leading business schools teach in all the programmes. They are, without exception, experts in their field, with rich consulting and teaching experience.
1) Open Enrolment Programmes
2) General Management Programmes
3) Custom Designed Programmes.
The CEE offers Open Programmes on Marketing, Strategy and Leadership, Finance and Accounting and Operations and Technology. Along with top-notch faculty and innovative curriculum these programmes provide great opportunities for networking amongst the executives and share and learn from each other's experiences. These programmes draw a diverse set of entrepreneurs, CEO's and managers from a wide spectrum of industries.
The General Management Programme offered by CEE include Managing Young Global Enterprise (MY GLOBE), ISB Kellog Global Advanced Management Programme and Accelerated Management Programme. These programmes aim to transform the performance of both the individual and the organizations they represent or lead.
The CEE of the Indian School of Business also offers customized management programmes to meet the specific needs of organizations. ISB works with the clients to establish an integrated partnership based on what it calls a 4-D approach to learning. Discover, Develop, Design and Deliver.
Financial Engineering Programme
This unique programme in Financial Engineering by ISB and UCLA Anderson is designed to provide finance professionals with a sophisticated knowledge of state-of-the art financial economics and financial practice. Quantitative finance is a well-developed discipline that is gaining ground in importance as global financial markets grow and become integrated.
The programme, spread over six months, offers a rigorous and quantitatively grounded curriculum. Participants will be able to apply learned tools and techniques immediately. A collegial and cooperative learning environment, hands-on practical training, and access to the global UCLA Anderson and ISB alumni networks make this innovative programme truly unique.
Module 1: Core Concepts, July 9 – 13, 2008
Module 2: Quantitative Asset Management, August 4 – 8, 2008
Module 3: Financial Risk Management September 20 – 24, 2008
Module 4: Security Research Analysis and Valuation November 11 – 15, 2008
Applied project ( to be completed by December 15, 2008)
Who should attend:
Professionals working in the financial services industry with at least 5 - 8 years of experience, involved in designing structured products and in analyzing the financial markets. The programme will significantly enhance the skills of professionals in commercial and investment banking, asset management, corporate finance managers, and Information Technology consultants focused on the financial services industry.
Faculty:
Any business school will vouch for the fact that it is the faculty that makes a difference to the school. Our faculty includes eminent management intellectuals with research and teaching experience from the best B-schools in the world. The distinctive research of our faculty members ensures that the programme offers content that is contemporary and global in its perspective.
With an ideal mix of resident and visiting faculty, we give you the benefit of a strong research base and international exposure. Visiting faculty from Wharton, Kellogg, London Business School, Cornell, Chicago, Duke, and UCLA, among others, teach at the ISB. With the School gaining international recognition, many research scholars from around the world visit the ISB on long-term sabbaticals. You have the opportunity to gain from an exchange of ideas with them and with Academic Fellows affiliated with the various Centres of Excellence.
Professors of Management Practice
In keeping with the best practices followed by world class B-schools, the ISB invites eminent industry leaders and professional to teach and share their practical experiences and insights with students. Inspirational encounters with industry stalwarts like Rajat Gupta, Senior Partner Worldwide, McKinsey & Company Inc., Ajit Dangi, Organisation of Pharmaceutical Producers of India (OPPI), and Dr C Rangarajan, Chairman of the 12th Finance Commission, India, have proved to be extremely enriching experiences for the aspiring business leaders.
Key Faulty:
Milind Sohoni : author of “A Differential Pricing Mechanism for Vertical Information Sharing”. Professor of Operations Management.
Ramana Sonti, : Professor of Finance Organisational Behaviour, author of “Activists, raiders, and directors: Opportunism and the balance of corporate power”
Sankar De: Professor of Analytical finance.
Shamika Ravi: Professor of Entrepreneurship author of “Access to Credit as Insurance”
Sanjay Kallapur, Dishan Kamdar: Professors of Entrepreneurship.
Gireesh Shrimali, Nishtha Lange: Professors of Information Technology Management.
Sridhar Samu, Sudipt Roy, Jaideep Sengupta: Professors of Strategic Marketing.
S Ramnarayan, Kannan Srikanth, Dishan Kamdar Aditya Jain: Professors of Strategy and Leadership.
Vishwanadham N, Vishwanadham N: Professors of Operations Management, author of
“A Decision Framework for Location Selection in Global Supply Chains”.
Fees and Financial Aid:
Programme Expenses For PGP 2009-10
The ISB is committed to enrolling the best qualified students, regardless of the ability to pay. The School awards institutional grants and corporate-sponsored scholarship assistance in addition to facilitating agreements with financial institutions to provide long-term, low-interest loans.
S.no. Particulars Amount(Approx.)
Single Person Family
INR USD*1 INR USD*1
1 Tuition Fees*2 16,50,000 41,250 16,50,000 41,250
2 Accommodation*3 1,26,000 3,150 2,16,000 5,500
3 Books*4 20,000 500 20,000 500
4 Laptop*5 50,000 1,250 50,000 1,250
5 ISB Alumni Association Membership Fee 7,000 175 7,000 175
6 Meal Plans*6 60,000 1,500 1,20,000 3,000
Total: 19, 13,000 47,825 20,63,000 51,575
*Note: As advised by the Counsel of the School, Service Tax is not applicable on the fees charged for the PGP programme. This view is not accepted by the Service Tax Authorities. The matter is under adjudication and should the decision go against the School, the School reserves the right to collect the service tax amount from the students in addition to the fees. The present rate of service tax (inclusive of cess) is 12.36%.
Medical Insurance
. It is mandatory for all students and their dependents living on campus to have medical insurance.
. The ISB will arrange to purchase a group medical insurance for all students and their dependents.
. The premium of this will have to be paid by all students in addition to the other fees at the time of registration.
. The premium is approximately in the range of INR 1,300 to 4,000 depending on the age of the insured - these amounts are approximate and subject to change.
USD amounts are approximate and will be likely to change depending on the exchange rate. It is mandatory to live in the campus .The School realises its fee in Indian Rupees
Expenses pertaining to meals can differ depending upon the plan opted. The residential facilities have kitchens for people who would like to cook.
Pre-Doctoral Programme
The annual cost of tuition for the Pre-Doctoral Programme is INR 5,00,000, but the ISB is committed to providing financial assistance to all students admitted into this programme. Academic fellowships will cover the tuition fees and boarding expenses.
Scholarships For 2008-09:
Each year the ISB awards several scholarships, in the form of fee remission, to outstanding candidates. These scholarships vary in amounts and include some full scholarships. Scholarships are both need and merit based. Recipients are selected on the basis of exceptional academic and professional performance, as well as personal qualities such as leadership, integrity, and community service.
As an admitted student, you will be automatically considered for these awards and will be notified of any decision at the time of admission. The ISB will award approximately 100 scholarships ranging between INR 1,00,000 to 3,50,000.
The ISB also partners with several corporates to provide scholarships during the course of the academic year. Citibank, HSBC and Novartis Group offer scholarships up to INR 11,00,000. Application criteria and selection procedures vary for each of these.
Student Loans:
Loans from IEFC
Candidates admitted to the ISB are eligible for an educational loan from IEFC. For more details please visit http://www.iefc.com/intl/intl_islp_grad_tc.cfm.
Loans from Indian Banks/Institutions
The ISB has inked loan agreements with leading banks/institutions that provide funding to cover up to 95% of the programme cost.
Placements and Recruiters:
Placements:
Placements 2008 have been truly global at the ISB with several leading and niche international companies visiting the campus. The ISB has 100% lateral placements as all its students come with prior work experience. This year a total of 81% students made remarkable career shifts as well. This is the highest percentage of career shifts at the ISB so far. Of the 81% career shifts, 50% were shifts both in function and industry, 21% were career shifts in function and the remaining 10% were shifts in industry.
The ISB is following a non-disclosure policy regarding the highest international and domestic salaries, in keeping with the tradition followed by international B-schools; our focus is on the placement trends and information that represents the entire student body.
PLACEMENTS 2008 HIGHLIGHTS
Particulars
Numbers
Class Size
421
Average Age
28 Years
Average Work Experience
5 Years
Total number of participating students
418
Total number of companies that participated
230
Total number of offers
657
Particulars
Average International salary USD 144,812
Average Domestic salary
INR 19, 00,000
Recruiters:
The number of international companies visiting the ISB has doubled this year establishing the fact that the ISB has indeed become a talent pool for the world. 41 new international companies visited the ISB campus for the first time. The 111 international offers are spread across 23 cities across USA, Europe, Middle East, and the Asia Pacific. The offers encompass a wide range of functions and industries such as consulting, manufacturing, real estate, IT, and others. Industry wise, 44 percent of offers came from consulting, 22 percent from financial services and 17 percent from manufacturing. Over 230 domestic and international companies had participated in the campus placements this year.
The below list is not exhaustive and is only aimed at giving an indication of the range of companies that recruit at the ISB campus.
List of Companies that participated in Placements 2008
9.9 Mediaworx Pvt Ltd
A T Kearney Ltd
Accenture India Pvt Ltd
Aditya Birla Group
Alghanim Industries
Amazon Development Centre
Ambit
Apollo Hospitals
ArcelorMittal
Booz Allen Hamilton
BP
CA (India) Technologies Pvt Ltd
Castrol India Ltd
Cisco
Citibank N A
Cognizant Technology Solutions
Deloitte Consulting India Pvt Ltd
Deutsche Bank
Deutsche Lufthansa AG
Diamond Management & Technology Consultants
Dr Reddy's Laboratories Ltd
DSP Merrill Lynch Ltd
eBay India Pvt Ltd
Enam Securities Pvt Ltd
Ernst & Young
Fair Isaac India Software Pvt Ltd
Frost & Sullivan Pte Ltd
GE Commercial Finance
GE Money
General Motors Asia Pacific
Genpact
Goldman Sachs
Google India Private Ltd
HCL Technologies Ltd
Hero Honda Motors Ltd
Hewitt Associates
Hinduja Group India
Hindustan Coca-Cola Beverages Private Limited
Hindustan Unilever Limited
Holcim
Honeywell Technology Solutions lab Pvt Limited
HT Media Ltd
Hypo Real Estate Bank International IBM India Pvt Limited
ICICI Securities Ltd
Indu Projects Ltd
Inductis (India) Pvt Ltd
Infoedge India Ltd
Infosy BPO Ltd
Infosys Technologies Limited
Infrastructure Development Finance Co Ltd
ITC Infotech India Limited
ITC Limited
Jindal Steel & Power Ltd
Jones Lang LaSalle Meghraj
Kotak Mahindra Bank
KPMG
Macquarie Group
Mayfair Housing Pvt Ltd
McKinsey & Company
Microsoft
MindTree Consulting Ltd
Morgan Stanley India Company
Naandi Foundation
National Institute for Smart Government
NIIT Group
Oracle India Pvt Ltd
Pfizer Limited
PricewaterhouseCoopers
Rabo India Finance Limited
RPG Group
Satyam Computer Services Ltd
Schneider Electric
Standard Chartered Bank
Stern Stewart & Co
Tech Mahindra Ltd
The Boston Consulting Group (India) Private Limited
Tishman Speyer
Trilogy E-Business Software India Pvt Ltd
TVS Motor Company
Unitech Limited
Universal Consulting India Pvt Ltd
Virtusa India Private Limited
Vodafone Essar Limited
Wipro Ltd
Yes Bank Limited
Zensar Technologies Ltd
ZS Associates
Ranking:
ISB is ranked 20th in the Financial Times list of Top 100 full time MBA programs.
Student Life :
Welcome to an extremely close- knit, residential community at the ISB. Experience the world-class infrastructure and an array of campus amenities. At the same time stay in touch with 260 acres of picture- perfect nature.
Beyond classrooms, you can volunteer for a myriad of activities - extracurricular pursuits, leadership roles, spirited athletics or artistic endeavours. The Student Clubs are the network-lifeline for the entire commune. Get involved in any of these social, cultural, and professional Clubs, or even pioneer one.
Festivals, ‘Happy Hours’, and the quintessential night parties for ends-of–terms and half-a PGP programme, are some landmark events on this self-contained, pro-family campus. The café in the Atrium, the pathways leading to sunset view points through quaint rock formations, the colourful play-pens, the student villages – all endorse the learning mind-set and life experience at the ISB.
Key Alumni:
Aakash Shah, Director, Business Development (Insurance) at NIIT USA
Nirupam Srivastava - Head - Strategy & Alliances at Schneider Electric
Arun Anantharaman - Manager - Analytics at Hewlett Packard
Sumit Dhar - Senior Manager at Hewlett-Packard
Rahul Khandelwal- Dy. General Manager - Operations at Apollo Hospital,
Rangarajan Govindan- Assistant Vice President, Spark Capital Advisors
Kiran Kumar Aalla - General Manager - Commercial at Reliance Infrastructure Limited
Amit Sharma - Member of Technical Staff at Sun Microsystems
Nitin Vyakaranam - Product Head at InfoKnox and Founder of Spirit Networks
Manu Dhir - Manager, Business Development at PricewaterhouseCoopers
Anuj Kapadia - Manager at Huron Consulting Group
Anuradha Sunku - Deputy Manager at HCL Technologies
Karthik Ganesan - Consultant at Dun & Bradstreet
Prameet Kamat - Channel Development Manager at BP Energy India (P) Ltd
Shilpa Arora- Senior Associate at E&Y
Simran Khara- Junior Associate at McKinsey & Company
Campus facilities:
Spread over an expanse of 260 acres, ISB’s world class campus provides students an ideal environment. The Academic Centre houses an extensive library, air-conditioned lecture theatres, a computer centre, meeting rooms, and an auditorium. The lecture theatres are equipped with a broadband communications network that ensures global connectivity. You can interact by computer or video-link with faculty, industrial leaders and other students anywhere in the world. Audio-visual and video conferencing facilities like overhead projectors, LCDs, fixed cameras and touch-pad systems make the learning process much more convenient, interactive, and enjoyable.
The heart of the academic block is the library known as the Learning Resource Centre (LRC), that supports the ISB in building an internationally top-ranked research driven management institution. You can have direct access to various printed and electronic information resources. The LRC also provides innovative and responsive services to meet the changing needs of the academic community.
Comfortable residential facilities are available in the Student Villages with a mix of four bedroom and studio apartments that are serviced, air-conditioned, fully furnished and equipped with a cable connection, voice and data ports for telephone, campus LAN and the Internet. Recreational facilities like a swimming pool, gym, courts for various games help you stay fit in spite of your busy schedule. Every need– dining, laundry, housekeeping, and banking- is taken care of allowing you to focus exclusively on making the best use of your time here.
For more information and FREE online practice tests visit www.tenaday.in
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