ISB the Best amongst all the Management Schools . Review on Indian School of Business, Hyderabad

The Indian school of Business

The Indian school of Business situated in Hyderabad, the most happening city in terms of IT as well as Business management has an invigorating environment both

intellectually and physically offers an extraordinary learning opportunity that

combines basic business fundamentals with advanced learning. A high level of corporate involvement and faculty drawn from leading business schools provide a distinctive edge to the programme. The school has affiliations with Wharton and Kellogg, which would encourage a free flow of knowledge and student diversity. The

faculty would comprise core permanent faculty supplemented by a visiting faculty from leading international schools all over the world. In November 2000, the ISB also forged ties with LBS, one of the top business schools in Europe. LBS is also collaborating closely with the ISB over its distinguished faculty, knowledge and research pool, and has contributed to developing the ISB’s Executive Education Programmes.

Location

The Indian School of Business is located on a 250-acre campus at Hyderabad (or Cyberabad as some would say), which is rapidly emerging as the new ’knowledge’ hub of India. The academic, residential and recreational facilities promise to be world class in nature. The entire process right from planning the school till the inauguration was completed in a record time of 14 months and the ISB was formally inaugurated by the Prime Minister in December 2001.

Post Graduate Programme

The ISB is a research-led institution and offers high-quality postgraduate, executive and doctoral programmes for students from all over the world. The Indian School of Business (ISB) is a research-oriented, independent management institution that aims to groom future generations of business leaders. The ISB offers a one-year Post Graduate Programme in Management (equivalent to an MBA) and short-duration Management courses for Senior Executives.

The campus provides an ideal study environment with air-conditioned amphi-theatres, a library, meeting rooms, coffee bars and restaurant facilities. All its infrastructure and facilities are state-of-the-art.

The mission of the” Career and Alumni Services (CAS)” office at the ISB is to help students make the right career choices and assist employers to take the right

hiring decisions. Recruiters use CAS's services in getting updated information

about students their skills competencies and use our placement process to scout

for new talent.

Funding Options

The ISB has a number of financial aid options for B-school hopefuls. Towards this end, it has adopted an American financial aid style with a more desi packaging. Lapping up the ISB philosphy are McKinsey and Company, HSBC, Citigroup, HDFC and ICICI Bank. While HDFC and ICICI Bank have already committed loans upto Rs. 1

0-12 lakh per student, with varying payback plans, Citigroup and HSBC have offered scholarships to the tune of $12,500. McKinsey wants to go a step further with a scholarship offer covering full cost of tuition fees.

Admissions

The ISB aspires to enroll the best students across Asia by providing an attractive and distinctive education experience. The coursework would be identical in terms of curriculum, faculty and contact hours to those of leading two year US MBA’s, but at 20-30% of their cost. The admissions criteria will be similar to that

of leading business schools and applicants with two to five year work experience will be given preference over those with less experience. The admissions process will emphasize leadership and entrepreneurial attributes, in addition to superior GMAT (which is a must, kindly note that CAT scores are not accepted) and undergraduate performance.

Programs

The ISB currently offers management programs in postgraduate education, executive education and doctoral research. The postgraduate management program at the ISB will provide a foundation in general management over a period of 12 months and will be equivalent to a Master of Business Administration (MBA) program. The program will place a distinctive emphasis on managing in transitional economies and businesses undergoing rapid transformation. The curriculum will focus on shaping business leaders through courses such as ’’Managing Corporate Growth’’, ’’Global Strategic Management’’ and ’’Managing in Non-Market Environments’’. The program also include courses to develop ’’soft-skills’’ like communication, interpersonal interaction, business ethics, etc. The programs at ISB seek to emphasize on managing in fast-evolving, transitional economies and companies that are undergoing rapid transformation through an integration of leading management approaches. As part of this focus, the programs offer innovative courses on leveraging information technology and the Internet. The curriculum will include about 700 hours of teaching (direct contact hours), which is almost identical to the contact hours of leading two-year MBA courses in the West. It will have a modular design with eight terms of five weeks each and the students would be required to take 32 courses to graduate. Of these 32 courses, only half will be required for the core curriculum, giving students ample flexibility to take elective courses in their areas of interest. Field study projects will also be offered to help students understand the applicability of the concepts they learn in the classroom. The ISB will also enable student exchange programs with other leading business schools worldwide.

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