TotalGadha GMAT

The Indian School of Business evolved from the need for a world class business school in Asia. The School is associated with internationally renowned Business Schools like the Wharton School, Kellogg School of Management and London Business School. 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. And as Mr. M Rammohan Rao writes in his Dean’s message, if figures are a yardstick to go by, the ISB has excelled from every viewpoint- the growing class size to the increasing number of resident faculty or the revenues from executive education- every indicator illustrates a glorious future for the School.
Programmes offered:
Full Time Post Graduate in Management
Post Doctoral programmes
Executive Education

1. Open Enrolment Programmes : They are short duration programmes and usually run for 3-5 days. These programmes are best suited for senior executives and entrepreneurs from all industry sectors. They involve research based knowledge sharing in management subjects such as finance, marketing, strategy, leadership, and others. The specialized programmes in the sectors of Sports Fashion, Hospitality services etc have been introduced.




2. General Management Programmes : These are high profile programmes for top management executives and for executives transitioning into general management roles after successfully heading different functions or departments. The programmes run for two to three weeks and often include a stint in leading school such as Kellogg.
3. Custom Designed Programmes: The CEE designs special programmes for large organisations to address specific issues faced by them. CEE has enhanced its repertoire of programmes to include funded programmes, Certificate and Development Strategy, Collaborative Research, Expert Talk Series, Technology assisted Learning etc.

Eligibility Criteria PGP:
Students must possess an undergraduate/graduate or post-graduate degree in any discipline.
A minimum of two years’ full-time post qualification work experience is preferred.
A GMAT score
TOEFL/IELTS score is required for students from countries other than India, where English is not the primary language of instruction.
All short-listed applicants will be interviewed as a part of the selection process.


Selection Criteria PGP:

• Although there is no cut of score for undergraduate performance but considering that the PG programme is a rigorous one year programme, an applicant is expected to have a good academic record.
• Applicants with at least two years work experience are preferred but it’s career growth that adds weightage to applicant’s work experience.
• ISB looks for strong communication skills while evaluating the candidate. Essays, interviews, and GMAT Verbal score are taken as assessment mechanisms to evaluate this criterion. While personal qualities are judged through interviews and essays, GMAT score becomes an evaluator of applicant’s analytical qualities.
• ISB also look for leadership qualities in a candidate and this quality is evaluated with the help of recommendation letters. An applicant should submit at least two recommendation letters and the recommendations should come preferably from the direct supervisor.
• According to Mr. V. K. Menon, Senior Director, Admission and Financial Aid, “ISB seeks demonstrated initiative and leadership potential, consistently good academic performance, strong communication skills, team playing and other contributing participative learning skills in prospective applicants.”

Application Fee: INR 3000 (or USD 75). Payment via a credit card or internet banking (ICICI Bank only).
GMAT- Mandatory for the admission and in case an applicant submits more than one score, the higher score would be considered (provided it is within the validity period of five years). It takes atleast 2-3 weeks for the official GMAT score to reach ISB. It is strongly recommended that applicants plan and book the GMAT test dates well in advance. CAT/GRE scores are not accepted by the ISB in lieu of GMAT scores.
Average GMAT(2009) -714
Range - 580-780

TOEFL/IELTS: A TOEFL/IELTS score is required for non-Indian students who did not have ENGLISH as the primary language of instruction during their undergraduate studies.
Age Distribution:

Interviews: All short listed candidates would be interviewed and there is no group discussion. ISB representatives will conduct personal interviews in Delhi, Mumbai, and Hyderabad only. International applicants can have a telephonic interview.

Sample Interview Questions:

• What do you do at work?
• Is there anything that you would like to tell the admission committee that you have not mentioned in your application?
• How would you garner more business from your client?
• Discuss an example of leadership shown at work.
• What are your positive attributes?
• Why do you want to do an MBA? Why do you want to do it now?
• Why ISB?
• Name top three e-commerce sites.
• Which countries have you lived in?
• Why would you call yourself a team player?
• How do you deal with conflict at work?
• Do you know any foreign language? How has it helped you in a foreign land?
• Why MBA? And what you would like to do post MBA?
• Discuss your extra curricular activities.
• What will you add to ISB community?
• How are you different from other software professionals?
• Is ISB your first choice?

Reservations- There are no quotas for NRI’S/SC/ST/BC. Both international and foreign students would be evaluated on the same basis.

Work Experience: Work experience should be full-time; part-time work experience will not be considered. Army work experience is considered as a work experience. In case of Family owned Business, the experience should be full-time and should be supported with relevant documents in application. The quality and relevance of your experience in business will be critical. Applicant will still have to furnish recommendations. Recommendations from applicant’s father, friends and family will not be accepted. One should furnish recommendation from people with whom he/she has a strictly professional interaction like clients, vendors etc.

Extra Curricular Activities- The ISB would like to admit well-rounded students. Extra-curricular activities add that extra dimension to an applicant’s personality. In the US it is routine for people to do community service, which they can mention as an extra-curricular activity in their applications. But Indian conditions are different, so not having done such activities is understandable. However, if you look deep down, you may find some things that you may have been doing. Did you tutor a kid anytime, did you organize a festival in your apartment complex, did you volunteer your time in some campaign or raise funds for some cause, etc.? If you haven’t done anything at all, it’s never too late to start. Don’t do it just to get your B-school admission, but do what interests you. If you are in the IT area, think of something related to IT that you can do after office hours. How about persuading your company to donate their obsolete computers to charity? The possibilities are endless.
Course Commencement:The course begins in April every year and it is a 1 year residential programme. The programme is specially designed for professionals with work experience so it is highly recommended to apply with full time work experience of at least two years.

Families: Families are an integral part of ISB community and special care is taken at ISB to make family life comfortable and fun. Most married students usually opt to live in single-bedroom furnished apartments, which include a fully equipped kitchen. Some of the family-friendly facilities on campus include a children’s play area, a grocery store, a coffee shop and an infirmary. Family members can use the on-campus recreational facilities such as the swimming pool, gym and game courts. Spouses and partners of students are invited to most campus events and the library even has a special children’s section. Families are encouraged to participate in all aspects of life at the ISB, creating a sense of belonging and identity.

Class Profile (2010)

Class Size : 579
Category-No.-Percentage
Women-150-26%
Men 429-74%
Married 165-29%
Single 414-71%

Age

Minimum 23
Maximum 39
Median 27
Average 27
Mid 80% Range 25 - 31

GMAT

Minimum 600
Maximum 780
Median 720
Average 716
Mid 80% Range 680 - 760

Work Experience

Minimum 2 years
Maximum 16 years
Median 4.5 years
Average 5 years
Mid 80% range 2-7 years
Non Resident Indian Admits -67-11%
International Admits -20 -3%
Students with International work experience -336-58%

Rankings: Ranked # 20 by Financial Times – Global MBA Ranking 2008

Faculty:
Permanent faculty- 30*
Visiting Faculty- 105
*Wikipedia

Tuition and Costs

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 loans.

*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 10.3%.

Loans

•The ISB has inked loan agreements with four leading banks/ institutions that provide funding to cover up to 95% of the programme cost.
•Programme cost includes tuition fees, living expenses, food, laptop and books.
• Loans are offered at lowered interest rates starting from 9.25 % per annum.
•An additional privilege extended to ISB students is that the loans are available without any collateral.
• Over 70% of ISB students have taken educational loans from banks in the past.
•Life Insurance is mandatory for the loan amount availed.
•Only Indian passport holders are eligible to avail these loans.
•International applicants may seek student loans from the International Education Finance Corporation at www.iefc.com
You can view more details on loans here

Guaranteed Loans: No

Scholarships

• Cognizant – B’izard - This scholarship is for those who have not received any scholarship earlier to study at the ISB or those who are not on the rolls/ employment currently while studying at the ISB. The scholarship amount of INR 1,00,000, 2,00,000 and 3,00,000 is awarded to three students. The selection process is based on an application along with essay and recommendation from faculty, followed by short-listing and an interview. Application month- August
• Citigroup - It is a merit based scholarship awarded to 4-6 students. The scholarship amount is USD 12,500 and applicants are required to write an essay followed by an interview for short-listed candidates. Application Months- May-June
• Csquare Learnings Pvt Ltd - Awarded to 5 students, and GMAT Student of Csquare Learnings Pvt Ltd can avail this scholarship amount of INR 1,00,000. Application month is February, and a formal application with the proof of ISB admissions offer, Csquare Learnings Receipt along with student ID Card are required to be eligible.
• Novartis- Need and merit based scholarship awarded to women. The scholarship amount is INR 4,00,000 and is awarded to 3 students. No interview is required; purely based on candidate’s profile.
• Sierra Atlantic- A need based scholarship awarded to a single candidate who falls in below two lakh income group. The amount is INR 2,00,000 and a formal application along with proof of income and short-listing/selection by Sierra Atlantic. Application Month- December
• Ambit- INR 3,00,000 scholarship awarded to Qualified CAs or Engineering graduates from IIT/BITS/NIT/VJTI or equivalent and/ or with work experience in the Financial Services Sector, and a minimum GMATscore of 720. A formal application is required for the selection and short-listing/ selection is done by by Ambit/ It is awarded to a single student. Application Month- September
• Tata Motors- INR 3,00,000 scholarship awarded to engineering graduates with 3-6 years of prior work experience in sectors such as Mfg/FMCG/Consumer Durables/Oil & Energy. GMAT score of 700 and above, and consistent and strong academic record is the criteria. It is awarded to 3 students, and the application month is August.
• Nurture India- This need based scholarship is awarded to a single applicant who is the sole bread earner of his/her family and has dependant parent/siblings without any or little income. The scholarship amount is INR 400,000.
• ISB AIESE Scholarship and International Diversity Scholarship are awarded to Non-Indian passport holders. Both are merit based scholarships and students of Indian origin are not eligible for these scholarships. Students have to apply along with admission application.
• International Diversity Scholarship is a merit based scholarship awarded to Non-Indian passport holders. the value of scholarship is USD 5,000 - 10,000
• Manhattan Review Scholarship is awarded to 5 GMAT Students of Manhattan Review. The value of scholarship is INR 1,00,000 New!
  Jamboree India-Talent Promotion Award is a need based scholarship awarded to 1-5 students of Jamboree Education Pvt Ltd The value of scholarship is INR 1,00,000 New!

Facts and Trivia

• The PGP refers to the ISB’s full-time one-year residential Post Graduate Programme in Management. The PGP is comparable in rigor and content to a regular two-year full-time MBA programme offered by global business schools.
• Business and Arts Programme is an extension of the curriculum that encourages the student to think creatively. For a week each year the ISB holds a series of lectures, presentations, and workshops by well-known artists. A student gets the chance to explore the mind of an artists through their art – photography, paintings, or dance – because the artistes present and explain their work. By balancing academic subjects with an appreciation and understanding of arts and culture, a student learns to tap his/her imagination.
• The ISB has exchange programmes with 33 schools globally. The programme gives students an opportunity to study for one to two terms at a leading B-School outside India. The tuition fee is part of the ISB fee. The student has to pay travel & living expenses. The Wharton School, The London Business School, University of Cape Town Graduate School of Business - South Africa, Darden Graduate School of Business, Fuqua School of Business, University of North Carolina, Cheung Kong Graduate School of Business - China, KAIST Graduate School of Business - Korea, National University of Singapore and others. In exchange programme, certain expenses have to be borne by the student depending upon the travelling and accommodation costs incurred. It may vary from USD 6,000 to USD 10,000 (approx.) depending upon the school a student has been admitted to.
• PGP is a one year full time residential programme; it is mandatory to live on the campus.
• Employers can also sponsor their employees for Full Time Post Graduate Programme in Management.
• The first batch started with 128 students in 2001.
• The ISB offers excellent recreational facilities -a well-equipped gymnasium, swimming pool, tennis, basketball, badminton & squash courts, a football field and jogging track. The campus offers enchanting walks and pathways leading to sunset view points and quaint rock formations. One such, christened Nirvana Rock, plays a popular role in the students’ cultural life.
• The Student Villages form the four cornerstones of the campus with a mix of four-bedroom apartments and studio apartments. Designed to foster academic and social activities, the common lounge is a meeting place for the students. None of the apartments is more than a 10 minute walk from any building on campus.Each student village has a village centre where students can study, play or simply hang out. It holds a lounge, a game room, study room and a services area. A state-of-the–art water treatment plant provides potable water in every room. Essential services like laundry and housekeeping are provided to ensure a comfortable stay on campus.
• ISB is planning to admit 560 students for its class of 2009-2010

Contact Information
Admissions Office
Indian School of Business
Gachibowli
Hyderabad-500 032
India
Ph +91 40 2318 7474
Fax +91 40 2300 7099
Email: pgpadmissions@isb.edu
Website- http://www.isb.edu

Blog: The Official Blog Of Indian School Of Business

Further Readings:

• Indian School Of Business-An Insight Contd.
• Ahembeea’s ISB Interview Experience
• Achyu’s ISB Interview Experience
  

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