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Indian School of Business


Indian Institute of Management, Ahmedabad (IIMA) was founded in 1967 by the Government of India in collaboration with business visionaries. Today, it has cult status among Indian B-school aspirants and has grown into an EQUIS-Accredited internationally recognized management institution. Indian School of Business (ISB) was founded by a group of eminent industrialists and academicians in association with Kellogg and Wharton. The first student intake was in 2001, and in just a decade, the school is now nipping at the heels of IIMA for the title of India’s best B-school in most international rankings.

Although Indian B-schools rankings do not rate the AACSB-accredited ISB, students both in India and abroad have a fuzzy perception of how these two MBA behemoths compare with each other. Some say it is like comparing apples and oranges; which is partially true, but we have undertaken the challenging task of sizing them against each other.

Do note that in India, MBA degrees can only be given by universities. That is why B-Schools here offer management diplomas equivalent to an MBA, and both IIM and ISB call theirs – PGP or Post Graduate Program.

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ISB MBA Placement trends
Indian School of Business (ISB) published the 2014 placement report for the PGP program. Placement for the Class of 2014 has shown a positive trend, after a small slump in 2013. The stabilization of the economy, and student’s willingness to consider sectors beyond the traditional – consulting, banking and IT, has influenced this trend.

Here is the summary of the report:

1) 1.15 offers per student in 2014 against 1.07 offers per student in 2013. The number of offers has increased by 7.9%, and the offers per student increased by .08.

2) Mid-80% of the ISB Class earned an Average Domestic Salary of Rs 1815964 in 2014 against 2013’s Rs 1741081, a 4.3% hike.

3) Industry wise, IT sector, Consulting & Pharma offered the most job offers with 28%, 20%, & 9% of all offers, respectively.

4) Unlike last year when consulting was leading the placements, this year IT/ITES industry has made a resurgence with 28% of all offers.

5) The drop in consulting offers can be attributed to the slide in the companies recruiting from ISB. Compared to 423 companies registered in 2013, only 350 companies, a 17% drop.

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ISB PGP Placement ReportISB (Indian School of Business) has published the placement report for 2013. We have seen some interesting placement trends over the years. Here is the summary of the report:

1)1.07 offers per student in 2013 against 1.09 offers per student in 2012. Although the number of offers has increased by 29%, the offer per student has dropped this year.

2) Average Domestic Salary in 2013 was INR 1741081 against INR 1792715 in 2012.

3) Industry wise, IT sector, & Banking offered the most job offers with 37% & 9% of all offers, respectively.
 
4) Consulting continues to take up a large chunk of offers at 21% in 2013. However, there has been a 9% drop in the total percentage of offers in this industry, compared to 2012.

Post-PGP Industry Trends

Banking sector has shown great interest in ISB PGP students with 75 offers (9% of all offers). This is a 5% growth compared to 2012. ISB PGP students have attracted a large section of companies from IT Sector over the past 5 years. From 20% of all offers in 2009, the total offers have increased to 37% in 2013.

Post-PGP Job Function Trends
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ISB PGP Essay Tips 2014Indian School of Business (ISB) has released the essays for 2014-15 admission cycle. The total word count of essays is 800 words, with three essays. For this year, the essays cover a broader range of topics: Innovation, “Why ISB”, “Change”, “Self-Improvement”, “Teamwork”, “Contribution in ISB Community”. The strategy here is to pick the right option for Essay 3 as the word limit is a mere 200 words or roughly three paragraphs of 4-5 sentences each. Essay 1 and 2 have 300 word- limit. In this article, we will cover tips and strategies to answer the ISB PGP Essays.

ISB PGP Essay 1. Innovation or doing things differently it is said is a key to future success. Could you substantiate or negate this idea based on your experience. Please provide examples from your own experience - either examples of your own innovation or examples of others whom you have worked with. (300 words max)

ISB PGP Essay Tip: First of all, you have to agree with the statement that Innovation is the key to future success but you...


ISB MBA Essay Questions 2014-15Indian School of Business PGP Essay Questions for the Class 2015-16 have been released. Here are the questions:


ISB PGP Essay 1. Innovation or doing things differently it is said is a key to future success. Could you substantiate or negate this idea based on your experience. Please provide examples from your own experience - either examples of your own innovation or examples of others whom you have worked with. (300 words max)

ISB PGP Essay 2. Applying to and enrolling in a Business School is an important career decision. Critically look at your career to date, the choices you have made, the key influences behind those choices, your goals for the future and how you expect to benefit from the ISB experience in achieving your goals. (300 words max)

ISB PGP Essay 3. One of the following: (200 words max)  ISB Essay Tips

A) This experience completely changed my way of thinking.

OR

B) An instance when you went out of the ordinary to achieve something significant, but in hind...


ISB (Indian School of Business) Hyderabad is one of the most sought after school for most Indian and International MBA Applicants. In addition to world class faculty & partnerships with top universities (including Wharton, Kellogg,LBS, Stern & Haas), ISB PGP offers two key programs : Leadership Development Programme (or LDP) and Experiential Learning Programme. The two programs are the foundation on which participants develop their leadership and consulting skills.

Let us look at the Admission procedure, processes, and eligibility criteria for ISB.

Admission Procedure for ISB Hyderabad

• After the applications are submitted online, the applicant will be shortlisted for an interview.
• Interviews are conducted in Nov for First Round and in January for Second Round
• Decisions will be conveyed only after all the interviews are conducted for each round
• ISB Applicants can accept or reject the offer by paying INR 2, 00,000. This amount is non-refundable. For applicants entering through Corporate Leadership Immersion Programme (CLIP), the confirmation fee is
INR 5, 00,000.
• The Course commences in April

Eligibility for Admission to ISB

• Bachelor’s degree (Any discipline)
• Minimum Two years of Full-time Work Experience (Exception for applicants with demonstrable...


ISB MBA Deadline
The deadlines for Indian Passport holders and International students (For Non-Indian Passport Holders) are different in ISB Post-Graduate program.


Admissions Calendar - For Indian Passport Holders

                 Deadline      Offer Date
Round 1:      Sep 15, 2013   Nov 30, 2013
Round 2:      Nov 15, 2013   Feb 15, 2014

Admissions Calendar -For Non-Indian Passport Holders

For International applicants, the admission is on a rolling basis. On shortlisting, the applicant will be invited for an Interview within one month of submission of a complete application. Only in rare cases it would take more than a month.

International Candidates – Apply Early

Although admission for International candidates is...


MFAB ISBISB, one of India's top B-schools has just announced a new management program - Management Program for Family Business (MFAB). This is equivalent to a top-class Masters in Management program, aimed at creating next generation of leaders, who will take over their family businesses.  The program was launched on 10 December 2012, by eminent family business leaders, Adi Godrej and Sunil Kant Munjal.

The program is taught in the context of an extremely competitive, global business environment. The curriculum stresses on analytical and functional skills, as well as on strategic and leadership attributes with regard to this segment.

The 15-month program will be held at ISB's Hyderabad as well as Mohali campuses. It is based on a modular model - one classroom module of 7 days, held every six weeks. This format is meant to enable participants to take part in the program regardless of their home base, while still working on their businesses. The program presents diverse learning opportunities, which include global immersions in USA, China & Africa, interaction with faculty from top Business Schools, industry interventions and opportunities for experiential learning.

The inaugural class will begin in August 2013. The...


ISB PGPMAX is an Executive MBA equivalent program designed for senior executives. The average experience of senior executives entering this program is more than 10 years.

Faculty
The faculty for the PGPMax program comprises of resident faculty and visiting faculty from leading Business Schools like Kellogg, Cornell, Duke Fuqua, UCLA, London Business School and Wharton. Each member holds a doctorate degree and is an active contributor in the research community. This quality provides the participants with the latest developments and studies on various management practices and processes. Participants gain actionable information, which they can implement immediately in their workplace.
 
Learning Methodology
The ISB team uses research based and real-world learning experience for the program. The face to face classroom learning experience is an integral part of the program. The classes are conducted in the Hyderabad and Mohali campuses. The classes take place every 6th week for 7 days. The class is picked in such a way that the diverse mix allows participants to have a complete learning experience. The class is also an opportunity to network with some of the top peers in the industry.

Accreditation
Although the ISB PGPMax is not an AMBA, EQUIS or AACSB accredited program, it is the...


ISB MBA ApplicationAdmissions for the Class of 2013 at Indian School of Business(ISB), Hyderabad, are in full swing. While the Round 1 (R1) deadline has been announced as September 15, 2011, the R2 deadline is two and a half months later – November 30, 2011.

R1 or R2?

First, the often-asked question – “Should I apply in R1 or R2?” The answer to this question is really simple. If you are ready with the application in R1, then apply now. However, if you are not (need more time for GMAT / documents not in place/expecting a promotion shortly) then by all means wait for R2. If you are a strong candidate, you will get through in R1 or R2 regardless of when you apply. Sometimes, candidates tend to rush their application (take the GMAT much earlier than when they would be ready for it/ submit the essays before putting in enough thought on them) in a quest to beat the R1 deadline. They feel that their ‘profile’ will ultimately shine through. This is a mistake. Remember, your profile is not just...


In the second part of this continued article, we discuss recommendations and scholarships, two aspects of the ISB application that are very important for potential candidates.  

Recommendations – how/who/why/and when?

A recommendation is a personal, privileged statement. It is supposed to be a fair and honest assessment of your abilities sent by your recommender, unseen by you, to the Admissions Committee. Unfortunately some applicants see this as merely a formality – they feel it is okay to prepare a ‘draft’ recommendation, and get it approved by your recommender before asking him/her to send it across. If you think this way too, then beware. As a former member of the ISB Admissions Committee, I can tell you that the school scrutinizes recommendations on various fronts. If there is at all a doubt about the integrity of your application, it can mean a permanent rejection, no further questions asked. Therefore, make sure that the recommendation is an honest one. On occasion, you might find your recommender requesting you for a list of your achievements and significant projects – it is okay to provide this to help jog his/her memory. The best way is to ask...


ISBIndian School of Business (ISB), Hyderabad is one of the most renowned B-schools in the Asian region. While a lot has already been said about ISB’s infrastructure, the quality of its faculty, and its affiliation with other top b-schools, this article seeks to present an insider’s view of some of the other things that make ISB a great school to attend.

Social initiatives: ISB is host to a local chapter of the Net Impact club. This club provides students with plenty of opportunities to lend a helping hand to the needy. Some of the activities that students can participate in through this club are:

(a) Social welfare activities like organizing blood donation camps and health check-up camps. Another important event is Bandhan, an annual event where ISB students celebrate India’s Independence Day (Aug 15) with less privileged students from four Non-Government Organizations (NGOs) across Hyderabad.

(b) Management consulting and strategizing opportunities for non-profits. The club provides opportunities for giving pro-bono consulting services to non-profits. This is a great...


ISB Mohali Campus - MBA AdmissionsThe Indian School of Business (ISB) has announced commencement of the academic session 2012-13 from its new campus in Mohali, in addition to the already operational one at Hyderabad. The launch of the new campus will expand the geographical horizons of ISB within India, giving it better reach and a foothold in the North Indian region. This is also good news for prospective candidates, giving them a number of advantages. GyanOne prepared a brief on how the change brings new opportunities for students and potential applicants. This is summarized below:

What is new for ISB MBA Admissions?

- First up, the increased number of seats. With 210 seats being introduced for the first session at Mohali, the total intake at ISB (Hyderabad + Mohali) will go up to 770 for the academic session 2012-13

- The Mohali campus will also see...


Kannan ISB Head of AdmissionsF1GMAT interviews Mr Kannan – Head of Admissions & Financial Aid for Indian School of Business and discusses about the rising popularity of ISB among Indian and Global MBA candidates.

F1GMAT: What is the biggest misconception about ISB PGP programme? 

Kannan: One of the biggest misconception is that a one year program is not enough to cover the ground covered by a two year program. Our one year program is benchmarked with the best in class in terms of class room contact hours. For instance a Wharton MBA typically has 680 class room contact hours. Our one year program also has between 680 to 720 hours with 680 being the minimum a student will go through. The upper limit is dependent on the kind of electives a student takes and we do have a reasonable flexibility on this.

F1GMAT: The first thing that an MBA...


Founded by eminent business leaders, entrepreneurs and academicians from around the world, ISB enjoys the distinction of being the first Indian B-school to be ranked among the top 12 global business schools in the Annual MBA Rankings by Financial Times, London. The FT ranking is based on various parameters covering specifics like career progress of the graduates, diversity of experience, international alumni, idea generation and research.

The Indian School of Business (ISB) is a unique collaboration between some of the world's leading corporations including a number of Fortune 500 companies, the Kellogg Graduate School of Management at North Western University and the Wharton School at the University of Pennsylvania and the London Business School. As part of this association, faculty from Kellogg, Wharton and the LBS work closely with the ISB faculty in designing and delivering a world class programme.

Courses Offered

One-year Full-time MBA

The ISB offers a one-year, full time, residential postgraduate management programme for candidates, preferably with at least two years' full time work experience. The ISB assesses candidates...

Top 31 MBA Programs + Analysis of 24 Industries (United States)


We analyze the MBA Curriculum, Class Profile, Total Cost and Post-MBA Salary of Top 31 MBA programs in the US.

+ Industry Trends

+ Future of Aerospace, Agriculture, Artificial Intelligence (AI), Automobile, Clean Tech, Education, Energy, Fashion, Financial Services, Insurance, FinTech, Government, Healthcare, Life Sciences, Military, Manufacturing, Maritime, Media/Advertising, Technology, Tourism, Trade, Transportation and Logistics, Virtual Reality (VR), and Augmented Reality (AR).


Pages: 327

Reviews

"I have not reviewed many books for MBA Admission consulting companies but doing it now to give all applicants a brief idea on what the book covers. The book includes 31 top MBA programs - almost all the top schools you have heard or considering for your MBA application. Each chapter is categorized by US States where there is at least one top MBA program. So you have California and Massachusetts with the most number of MBA programs and several states with one top program (Washington, Minnesota, Washington D.C., Connecticut, Virginia, and Maryland) and other states with two to three MBA programs. The book focuses on four aspects of an MBA program - curriculum, cost, class profile and post-MBA salary. For me, the breakdown of the cost and post-MBA industry was useful to make my decision on selecting the top 5 programs for 2017-18. It is a fascinating read in an industry where consultants overprice for their expertise. I recently bought a 30-page guide for $49. Compared to the obvious observation in that book, the 300+ page, MBA in US - the Ultimate guide is a goldmine of information and analysis." - Verified Purchase (21st June 2017)

"I bought the ultimate guide after a friend recommended it for me. The guide covers a lot of ground on the history of each prominent US states and goes into the reasons why a certain industry emerged from each state. In addition to the analysis of the economy, trends and expected changes in the next 5 years, the book features top MBA programs in each state with an extensive study of its curriculum. Ultimate guide is an essential reference book for MBA Applicants if they want to shortlist MBA programs based on value and cost, and not just ranking. " - Verified Purchase (14th June 2017)

"Should be a required reading before applying for an MBA. School events and MBA Tours are PR events disguised as a Q&A. On the contrary, the book is an unbiased analysis of each Top MBA program in the US supported by a large dataset and historical context on each industry. The guide builds a case for indstries that are likely to emerge as favourite for MBA graduates. Thorough and a valuable book." - Verified Purchase (15th June 2017)

"What I liked: The breadth of the information. Some of my favorite nonfiction books have taken the same approach as the ultimate guide have - cover background information in-depth. In the book, the author uses parallel threads to demonstrate the history of the state and the rise of industries. Will make you think how schools thrive based on the policy set by the state. California's obsession with Technology has revolutionized how we do Business and changed post-MBA trends. Many MBA applicants will be consulting or doing marketing for a Technology company. That is one key finding from the book. The latest development in AI, FinTech, and Automation is an additional context that I found valuable in the book.

Very informative. I would recommend that you read the book at least once in chronological order before using Table of Contents." - Verified Purchase (2nd July 2017)

Download How to Choose the Best MBA in US: The Ultimate Guide
(2018 Entering Class)

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