ISB Hyderabad & Mohali 1 Year MBA / PGP I Indian School of Business – Complete Guide 2019-2020

Indian School of Business (ISB), Hyderabad & Mohali

Contents

The Indian School of Business is a private B-School. ISB was established in 1996 and has campuses in Hyderabad and Mohali.

The Hyderabad campus came up almost two decades ago in 2001. ISB has a impressive campus in the bustling IT city of India.

5 Minute GMAT Score Predictor

In 2008, the Indian School of Business became the youngest institution to be ranked among the Top 20, in the Global B-school Rankings by the Financial Times, London.

Accreditation

ISB is accredited by Association to Advance Collegiate Schools of Business (AACSB)
ISB is not accredited by the All India Council for Technical Education (AICTE) and has not applied for such accreditation

Also Read – ISB Teams Up With Coursera To Launch Investment Management Courses

What is the ISB 1 Year MBA (PGP) Programme?

The Post Graduate Programme in Management (PGP) at the Indian School of Business in the school’s words “develops global leaders”. It gives an insight on emerging economies and their unique business challenges.

Also Read – How Would You Rank 1-year MBA programs at IIMA, IIMB and ISB?

As per ISB’s website, “the carefully-crafted one-year programme incorporates practical industry applications with a rigorous, cutting-edge, research-based curriculum”.

ISB claims “the program has transformed several mid-career professionals to global business leaders of today and tomorrow.”

Also Read – Engineers Continue to Hold Sway in the Class of 2020 PGP Program at ISB

Its one-year MBA is today a sought after course and possibly the first course that comes to mind when someone talks of a one year mba in India.

While the Hyderabad campus takes in 600 students, the new campus at Mohali came up in 2012 with a capacity to admit almost 300 students. Together, the two campuses boast of an intake capacity of nearly 900 students.

Also Read – CEIBS Tops Bloomberg Businessweek Asia-Pacific B-Schools Ranking 2019-20

What qualification is awarded to ISB’s PGP graduates?

ISB offers a certificate program and not a degree or a diploma.

The US Citizenship and Immigration Services (USCIS) has ruled that for the purposes of US Visa and Green Cards, the post-graduate PGP certificate awarded by ISB is not equivalent to a Master of Business Administration degree, unlike similarly named certificates awarded by the Indian Institutes of Management.

Also Read – ISB Placements 2019 (FINAL): Avg. CTC/Package For PGP Touches New High Of Rs 25 Lacs

Also Read – ISB’s PGP Placement 2020 Sees Average Salary Rise to Rs 26.15 Lakh (Interim Report)

Who is ISB’s One Year MBA (PGP) meant for?

As per ISB, the programme is an incisive one-year programme designed for mid-career professionals who want to study management.

Candidates need to have at least 24 months of full-time work experience to pursue the course. The average work experience of candidates joining the course is 4.5 years.

The course enables professionals to move laterally into different professional roles, or into roles of greater responsibility, or even set on an entrepreneurial journey.

As per the B-School’s class profile stats across the years, typically around 70-80% of the class is from an engineering background.

A snapshot of ISB’s Class Profile across the years

YEARS (CLASS OF)	2014	2015	2016	2017	2018
Class size	766	760	813	903	873
Avg. Age	27	27	27	27	27
Avg. Work Exp.	5	5	5	4.8	4.6
No. of Students	759	742	812	898	873

Also Read – ISB 2016 Placements: Graduates Bag Record Number Of Offers

ISB Early Entry Option

The Early Entry Option is a deferred admission offer to the ISB Post Graduate Programme in Management. The Early Entry Option allows recent graduates with less than 24 months of full-time work experience to secure their admission to the ISB PGP. Candidates selected will secure a deferred admission and will be eligible to join the PGP upon completing at least 24 months of full-time work experience.

Also Read – Boost To One Year MBA: EPGP Grads Get The Degree At IIMB Convocation

Eligibility – Regular candidates

To be considered a PGP applicant for the Class of 2021, you will need to have:

Bachelors degree or equivalent in any discipline
Valid GMAT / GRE score
At least 24 months of full-time work experience by March 31, 2020
TOEFL / IELTS / PTE score (only if the language of instruction at undergraduate study level is not English)

Read this article to understand the GMAT score required for ISB.

Also Read – ISB Professor Kiran Pedada Among 3 Finalists For Mary Kay Doctoral Dissertation Award

Dates & Deadlines

Though applying in either round does not impact your chances of securing an admission offer, ISB encourages you to apply in Round 1 to improve your chances of receiving a scholarship.

	Round 1	Round 2	Round 3
Application Deadline	September 15, 2019	December 01, 2019	January 01, 2020
Application Fee	INR 5,000	INR 7,500	INR 10,000
Early Entry Option	INR 5,000	INR 7,500	INR 10,000
Re-applicant Fee	INR 2,500	INR 2,500	INR 5,000

Read this article to understand the Advantages of Applying to ISB in Round 1 vs. Round 2

Fee & Other expenses

The total fee payable for PGP Class of 2019-20 at ISB is INR 3,587,200.00. Books, meals & some other additional expenses are extra.

Read this article to understand the complete Fee & Expenses for ISB’s PGP.

Deakin University, Australia and ISB Collaborate For Teaching & Research

Loans & Scholarships

To reward exceptional PGP applicants and to support deserving candidates with limited financial resources, the Indian School of Business awards several tuition fee waivers.

Scholarships at ISB are awarded to candidates during admission or after enrollment, at the discretion of the AdCom or the corporate donor.

ISB PGP Admissions – Application Process & Checklist

The ISB application is completely online and is the first step to gaining admission at the institute.
The online application needs to be completed with an application fee. The fee is INR 5000 for early submission, INR 15,000 for a regular application deadline while it goes higher to INR 20,000 for late submission.
The GMAT score, TOEFL/ IELTS/ PTE score (any of these 3 is required if medium of study during undergrad was other than English)
Two recommendations
Completed MBA essays need to be submitted
Interviews are held at Delhi, Kolkata and Hyderabad. For international candidate, interviews are conducted over the phone.

Also Read – Women Comprise 31% of the PGP Class of 2018 at ISB

Course Structure

The ISB programme runs April to April.

Leadership Development Programme (LEAD)

On joining, all students of the Post Graduate Programme in Management (PGP) at the Indian School of Business (ISB) go through the three-day LEAD programme which is aimed at providing every student with an in-depth understanding of their strengths and areas of improvement so as to develop them into effective leaders.

Core Courses

The one-year intense PGP has core courses and electives and an Independent Study Programme (ISP) wherein students can pursue any area of interest under a faculty member.

Core courses are taught in the first three terms of the post graduate programme in management. The core courses taught at ISB include the basics of finance, strategy, marketing, operations and IT management.

Read this article for complete information on Core Courses, Syllabus & Faculty at ISB

Elective Courses

The Indian School of Business (ISB) offers around 80 electives that help students build on their interests. Courses are combined to offer students the following six concentrations or majors:

Entrepreneurship
Finance
Information and Technology Management
Operations Management
Marketing
Strategy and Leadership

International Exchange Programme

The international exchange programme allows ISB students to study at international partner schools and vice-versa. This cross-cultural exposure benefits students. ISB has partnered with 42 leading schools from countries such as the U.S., France, South Africa, Israel, Germany, China, Pakistan, South Korea, Singapore and the U.K, Canada, Italy, Australia, Spain, Switzerland, Chile, Netherlands, Germany and Taiwan.

Read this article for all the information on Inbound and Outbound International Exchange Programmes at ISB.

Also Read – ISB Responds to ‘Make in India’ with Executive Course on Manufacturing Sector

Placement Trends

ISB has an integrated placement process for the PGP Class across both Hyderabad and Mohali campuses.

ISB Hyderabad / Mohali 1 Year MBA (PGP) 2019 Placements

The One Year MBA (PGP) Class of 2019 at the Indian School of Business (ISB) secured an average salary of Rs 25.09 Lakh per Annum (LPA) in placements, the highest ever received so far by any cohort at the school. The 598 students who participated in the placement process bagged as many as 1301 placement offers while the number of recruiters went up by 29%. For detailed placement information, read the article ISB Placements 2019 (FINAL): Avg. CTC For PGP Touches New High Of Rs 25 Lacs.

CTC data for ISB placements across the past 7 years

YEARS	AVERAGE DOMESTIC CTC (IN RS.)*
Class of 2012	INR 18,83,403
Class of 2013	INR 17,41,081
Class of 2014	INR 18,15,964
Class of 2015	INR 19,12,444
Class of 2016	INR 22,58,273
Class of 2017	INR 20,76,383
Class of 2018	INR 22,14,684

(*) Mid 80 percentile offer average
Also Read – ISB Final Placements 2016: Average CTC Up At Rs 21,78,305

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Recruiter volume & number of offers at ISB Across the past 7 years

YEARS	NO. OF COMPANIES REGISTERED	NO. OF OFFERS MADE
Class of 2012	348	631
Class of 2013	423	819
Class of 2014	350	884
Class of 2015	267	987
Class of 2016	297	1151
Class of 2017	411	1151
Class of 2018	375	1134

Also Read – ISB Mohali Wins BLoC Campus Boardroom Challenge

Volume of international offers at ISB over the years

YEARS (CLASS OF)	2014	2015	2016	2017	2018
International offers	68	70	101	12	30

Ranking of ISB’s PGP Course

Worldwide, the Financial Times’s (FT) 2019 Ranking of Global MBA Courses has ranked ISB’s Post Graduate Programme in Management (PGP) No. 24.
FT Global MBA Ranking 2018 – ISB’s PGP was ranked 28th
The programme was ranked No. 27 in the FT Global MBA Ranking 2017
The QS Global 250 MBA Rankings 2018 ranked ISB at No. 93 worldwide and No. 12 in Asia, Australia and New Zealand

Recent news about the Indian School of Business

[news_focus cat=”indian-school-of-business-isb” /]

GMAT	TOEFL	IELTS
N2DJ501	9047	There is NO Institution code for ISB. Candidates need to fill in the entire name and address of ISB in the space provided PGP Admissions Office Indian School of Business Gachibowli Hyderabad-500 032, India Ph +91 40 2318 7474 Fax +91 40 2300 7099

Early entry option

What is the early entry option?

Early Entry Option for ISB’s PGP, allows fresh graduates with less than 2 years of work experience to apply to the ISB’s Post Graduate Programme in Management. The candidate selected through EEO, will secure a deferred admission to the one-year Post Graduate Programme (PGP) at ISB, contingent upon completion of 24 months of work experience at the time of joining the programme.

Also Read – Alumnus Institutes Scholarship for Women Students at ISB

Young Leaders Programme

What is YLP?

THE YOUNG LEADERS PROGRAMME (YLP) at the Indian School of Business (ISB) helps undergraduate students gain a fresh perspective in management studies. This course makes you eligible for guaranteed admission to the one year Post Graduate Programme (PGP) at ISB, contingent upon completion of 21 months of work experience.

The YLP programme accelerates career growth during the two pre-PGP years vide structured, cutting edge learning and mentorship programmes. It concludes with admission into the ISB’s well established PGP in Management.

Also Read – ISB to Groom Engineering Students for Entrepreneurship

PROGRAMME FEE

Fee Structure for PGP 2013-14

PARTICULARS	AMOUNT IN INDIAN RUPEES
	Shared Accommo dation	Studio Accommo dation
Admission Fee –non refundable	2,00,000	2,00,000
Tuition Fees-Payable on or before the date of registration	17,44,000	17,44,000
Living Fees	1,68,000	2,79,000
Onetime fee for ISB Alumni for use of ISB Library & Recreation Centre	3000	3000
Total Fees	2,115,000	2,226,000
Add: Service Tax at prevailing rate (Present rate 12.36%)*^3**	261,414	275,134
Total Fees	2,376,414	2,501,134
ISB Alumni Association Membership Fee	15,000	15,000
Interest free Refundable Security Deposit	15,000	15,000
Total Payable	2,406,414	2,531,134

Also Read – ISB and SMU Ink 5 Year MOU For Innovation & Research

Bank Account

It is mandatory to open an account with ICICI Bank to facilitate transactions with the ISB. Please open an SB account with branch on campus on the day of registration, if you do not have an account with them (at any other branch) already.

Medical Insurance
Premium for Group Medical Insurance for Students and their dependents at campus is mandatory and has to be paid in addition to other fees and charges at the time of registration. The premium will depend on the age and number of dependents. Please check the Medical Insurance section for details. Also Read – Nurturing a baby and grades at ISB – a woman’s story of courage

Other Estimated Expenses for PGP 2014-15 per Student

PARTICULARS	APPROXIMATE AMOUNT IN INDIAN RUPEES
Books	20,000
Laptop	50,000
Meal Plans	100,000
Total:	1,70,000

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