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Indian School of Business

Indian School of Business

Established : 2001
Type : Co-Education
Chairman : Adi Godrej
Dean : Ajit Rangnekar
Former Name : ISB
Location : Hyderabad
Affiliation(s) : --
Category : Post Graduate
Accreditation / Recognition : Association to Advance Collegiate Schools of Business (AACSB)
Department(s) : PGP, PGPMAX, FPM, MFAB, CEE, YLP


Post-Graduate Programme in Management (PGP)

The Post-Graduate Programme in Management (PGP) is a one-year, full-time residential programme. It is the flagship programme of ISB. Known for the depth and rigour in its pedagogy, ISB has been ranked 33rd by the in their 2015 rankings.

Post-Graduate Programme in Management for senior executives (PGPMAX)

ISB's part-time management programme for senior executives is spread over 15 months. This programme is particularly useful to senior executives who are unable to take a sabbatical from work to attend the full-time programme. The course is equivalent to an Executive MBA programme and is designed on a schedule that minimizes disruption of work and personal pursuits.

ISB Biocon Certificate Programme for Business Analytics

The Indian School of Business has recently launched a one-year certificate program in Business Analytics in collaboration with Biocon. The programme is designed in a manner that minimizes disruption of work and personal pursuits. The program is a combination of classroom and technology aided learning platform. The current batch of 104 students started the course on 14th Sept, 2013 at the Hyderabad campus.

Management Programme for Family Business (MFAB)

MFAB has been specially designed to groom the younger generation of family-owned businesses for leadership.

Centre for Executive Education (CEE)

ISB offers executive education programmes for middle and senior management under three heads :

  • Open programmes: Research based short-duration courses focusing on select industry sectors
  • General Management programmes: Designed for high performing executives identified for leadership roles
  • Custom designed programmes: Catering to specific needs of an organization

Fellow Programme in Management (FPM)

Fellow Programme in Management (FPM) was introduced in 2011. The course requires a dedicated 4–5 years of full-time study closely working with faculty guides and also pursuing independent research studies. As part of the programme, students go from learning basic disciplines of management, to completing area-specific coursework, publishing individual papers and finally submitting their dissertation. The ISB offers the FPM pragramme in Accounting, Financial Economics, Marketing Operations Management, Organisational Behaviour and Strategy. The ISB offers full fee waivers to all the admitted students and the scholarships are available during the first four years of studies (for a full 12 months) and renewed annually depending upon satisfactory academic standing.

Young Leaders' Programme (YLP)

YLP involves the selection of graduates for mentoring over a period of two years while they work after completing their graduation. These selected individuals are also awarded a scholarship of Rs 100,000 ($2000 approximately) during the course of the programme. These mentored students can join ISB once the mentoring duration of two years is completed successfully. 45 undergraduate students were selected as a part of YLP's first batch in 2011. YLP at Hyderabad includes IBS (Integrated Budgetary [Banking] System), IFS (Integrated Financing System) MIS (Management Information Service Marketing), MCS (Management Control System).


Post-Graduate Programme in Management (PGP)

Selection Criteria

Each applicant to the Post Graduate Programme in Management at the Indian School of Business is holistically evaluated on the following parameters:

The application keenly evaluates your ability to cope with the rigour of the programme through your past academic performance and your performance in the GMAT exam. We consider the 12th standard grades, graduation grades, post graduation and certification scores- wherever applicable along with the overall GMAT score. However, no “cut off” criteria are applied to either the academic credentials or the GMAT score.

Applicants are evaluated on the basis of the impact they have made in their past professional and personal life. This aspect is assessed through the initiatives that the applicant may have taken, the responsibilities handled and the career progression achieved till date. The one professional evaluation (i.e. recommendation) which forms an important part of the application also helps in gauging the leadership potential of the applicant in a professional setting.

At ISB, we would look for versatile and well rounded individuals who can contribute to the society in positive and meaningful ways. People who can bring different perspectives to the class and appreciate different point of views. Your extracurricular activities and interests beyond your work life give us an insight on your personal qualities. The School encourages applicants from diverse backgrounds to become part of the Post Graduate Programme in Management. Diversity in all form of life, like work experience, educational background, nationality, among others is given due consideration.

Post-Graduate Programme in Management for senior executives (PGPMAX)

Eligibility Criteria

To be eligible to apply for the programme the following criteria need to be fulfilled:

Bachelor’s Degree: The applicant should have a bachelor’s degree or an equivalent qualification in any discipline. An equivalent qualification will be determined by the Admission Committee of the programme and will include the likes of CA, ICWA, etc.

Work Experience: The applicant should possess a minimum of 10 years of full-time work experience as on date of submitting the application (desired experience is closer to 15 or more years).

Selection Criteria

Applicants are evaluated on several criteria to ensure that the participants selected are well-rounded individuals. Each component of the application and the performance in the interview is important.

Selection of the participants for the programme will be made considering a combination of many factors including:

  • Quantity and quality of work experience e.g. significant responsibility, experience of managing personnel and budgets, etc.
  • Evidence of professional success
  • Strong communication skills
  • Likelihood of benefiting from the programme
  • Business leadership potential, track-record, traits, attitude/mindset, etc.
  • Motivation to participate in the programme
  • Undergraduate degree performance
  • Performance in the interview

Fellow Programme in Management (FPM)

Eligibility Criteria

ISB aims to bring together individuals from a wide variety of backgrounds, nationalities and educational experiences.

The common denominators are superior academic credentials and a consistent display of intellectual prowess. Excellent written and verbal communication skills are essential. To be eligible, candidates must hold a university degree from an accredited academic institution. Applicants typically should have an undergraduate/postgraduate degree in areas such as business, economics, engineering, computer sciences, mathematics, physics or the arts.

Irrespective of the field of study, applicants must possess a strong academic record and display creativity, self-motivation and ingenuity in their prior academic and work experience. Moreover, applicants must have a strong interest in pursuing a research and teaching career in academia.

Above all, candidates need to possess both the ability to engage in high quality research and the commitment to be an academician at an international level.

Candidates will be assessed on the basis of outstanding intellectual ability, motivation, faculty recommendations and personal characteristics required for an international academic career. There is no particular requirement concerning fields of study at the undergraduate level, but standard postgraduate entry tests (GMAT / GRE / CAT / GATE / JRF) will be used to assess general ability and, if necessary, proficiency in English.

Test Requirements

All applicants are required to take one of the following tests before submitting their application. Applications will not be considered without a valid test score.

Graduate Record Examination General Test (GRE) administered by the Educational Testing Service (ETS), Princeton, USA


Graduate Management Admission Test (GMAT) administered by Pearson VUE, Bloomington, USA

OR Common Admission Test (CAT) / GATE / JRF

Management Programme for Family Business (MFAB)

Eligibility Criteria

  • Bachelors’ Degree or an equivalent qualification (like CA, etc.) Applicants should have completed the Bachelors Degree as the time of submitting the application.
  • No work experience is required for admission. However, the ISB strongly feels that an experience of 4-5 years will add a lot of value

Selection Criteria

Participants will be evaluated on a combination of factors:

  • Family business knowledge
  • Business leadership potential
  • Achievements
  • Work experience
  • Undergraduate degree performance
  • Performance in BAT
  • Scale, size, complexity of business and length of existence of business

Young Leaders' Programme (YLP)

In order to apply for the YLP, the candidate must be in the pre-final or final year of undergraduate or post graduate education. The Young Leaders Programme is designed to equip you with all the tools you need to ensure success at the work place and also lay a strong foundation for your admission to the intensive one year Post Graduate Programme in Management at the Indian School of Business.

To be updated soon..

The Indian School of Business (ISB) was started in 1996 by a group of businessmen and academicians. Co-founders Rajat Gupta and Anil Kumar (both McKinsey & Company senior executives) worked together and directed teams of McKinsey consultants to start the school. First, the Executive Board was formed of national and international business leaders: Gupta recruited U.S. leaders while Kumar recruited Indian leaders. Next, ISB established formal partnerships with international business schools: Kumar recruited Wharton and Gupta recruited Kellogg. Finally, Pramath Sinha, then a junior partner at McKinsey in India, was persuaded by Gupta and Kumar to take a leave of absence from McKinsey to be the school's first dean. Rajat Gupta became the school's first chairman and was succeeded by Adi Godrej as chairman in 2011. The State government was pivotal in sanctioning ISB's 260-acre campus in September 1998. The foundation stone for the campus was laid in Hyderabad in 1999 and was inaugurated by Prime Minister Atal Bihari Vajpayee in 2001.

The Indian School of Business (ISB) evolved from the need for a world-class business school in Asia. The founders, some of the best minds from the corporate and academic worlds, anticipated the leadership needs of the emerging Asian economies.

They recognised that the rapidly changing business landscape would require young leaders who not only have an understanding of the developing economies but who also present a global perspective. The ISB is committed to creating such leaders through its innovative programmes, outstanding faculty and thought leadership. Funded entirely by private corporations, foundations and individuals from around the world who believe in its vision, the ISB is a not-for-profit organisation.

In 2011, ISB celebrated ten years of nurturing young leaders in the field of management education. We are also the first business school in South Asia to receive the Association to Advance Collegiate Schools of Business (AACSB) accreditation. Since 2008, the ISB has consistently featured in the Global Top MBA rankings by the Financial Times, London.

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