Introduction
The Indian School of Business (ISB) is one of the most prestigious business schools in India, known for its world-class education, globally recognized faculty and strong industry connections. Established in 2001, ISB has consistently ranked among the top business schools in India and globally.
With two campuses in Hyderabad and Mohali, ISB provides a rich academic environment that fosters innovation, leadership, and entrepreneurship.
Apart from its flagship Post Graduate Program (PGP) in Management, ISB offers a range of executive education programs, doctoral studies, and specialized courses for working professionals. The school attracts students from diverse backgrounds, industries, and countries, making it one of the most sought-after business schools in Asia.
With its highly competitive admission process, strong placement record, and influential alumni network, ISB has established itself as a premier choice for professionals aiming to take their careers to the next level. This article delves into the history, academic programs, admission process, career prospects, alumni influence, and the impact of ISB on the global business landscape.
Indian School of Business (ISB) – Courses, Fees, and Admission Details
| Program Name | Duration | Eligibility | Approx. Fees (INR) | Admission Process |
|---|---|---|---|---|
| Post Graduate Program (PGP) | 1 year | Bachelor’s degree, GMAT/GRE, Work experience | ₹39-41 Lakhs | GMAT/GRE Score, Interview |
| Executive MBA (PGPpro) | 15 months | Bachelor’s degree, Work experience (5+ years) | ₹30-35 Lakhs | Application, Interview |
| PGPMAX (Senior Executives Program) | 15 months | Bachelor’s degree, Work experience (10+ years) | ₹41-45 Lakhs | Online application, Interview |
| Advanced Management Programs | Varies | Mid-to-senior level professionals | ₹8-25 Lakhs | Direct application |
| Fellow Program in Management (FPM) | 4-5 years | Master’s degree, GMAT/GRE, Research interest | Funded by ISB | Research proposal, Interview |
| Executive Education (Short-Term Courses) | Few days-weeks | Working professionals, Entrepreneurs | ₹1-5 Lakhs per course | Direct Enrollment |
This table provides an overview of Indian School of Business (ISB) programs, fees, eligibility criteria,
History and Establishment of ISB
The Vision Behind ISB
The Indian School of Business was founded with the vision of creating a world-class business school in India that could rival the best institutions globally. The idea was conceptualized in the 1990s by Rajat Gupta and Anil Kumar, both former McKinsey & Company executives, who recognized the need for an institution that could produce business leaders equipped to handle the challenges of a rapidly globalizing economy.
Key Milestones in ISB’s Growth
| Year | Key Achievement |
|---|---|
| 2001 | ISB Hyderabad campus inaugurated; first PGP batch admitted |
| 2008 | Received AACSB accreditation, making it one of the few Indian B-schools with global recognition |
| 2012 | Mohali campus established, expanding ISB’s presence in North India |
| 2020 | Ranked among the top business schools globally by Financial Times and QS rankings |
From its humble beginnings, ISB has grown into one of the most respected business institutions in the world, attracting top faculty, industry leaders, and ambitious professionals from around the globe.
Academic Programs at ISB
ISB offers a diverse range of management programs catering to professionals at different stages of their careers. Each program is designed to provide deep business insights, leadership skills, and a global perspective.
Post Graduate Program in Management (PGP)
The Post Graduate Program (PGP) is ISB’s flagship one-year MBA equivalent course, designed for professionals with work experience. It is a highly intensive and globally recognized program, offering core business fundamentals, leadership development, and hands-on industry exposure.
Key Features of ISB PGP:
- Duration: 12 months
- Eligibility: Minimum 2 years of work experience
- Campus: Hyderabad & Mohali
- Curriculum: Core subjects + Electives + Experiential Learning
Executive Education Programs
For senior professionals and executives, ISB offers short-term executive education programs that help them enhance their leadership and strategic thinking skills. Some of the most popular programs include:
- Advanced Management Program (AMP) – Designed for experienced leaders looking to move into top management roles.
- General Management Program (GMP) – Helps mid-career professionals transition into leadership positions.
- Specialized Programs in Leadership, Strategy, Digital Transformation, and Innovation.
These short-term courses are customized for professionals across industries, helping them gain cutting-edge business insights and expand their professional network.
Fellow Program in Management (FPM)
The Fellow Program in Management (FPM) is ISB’s equivalent of a PhD program in business studies, designed for those interested in academic research and teaching careers.
- Duration: 4-5 years
- Research Areas: Marketing, Finance, Strategy, Operations, and other management disciplines.
- Collaboration: Faculty from top global business schools mentor students in advanced research.
Post Graduate Program in Management for Senior Executives (PGPMAX)
The PGPMAX is a unique part-time MBA equivalent course targeted at senior executives with over 10 years of work experience.
- Duration: 15 months
- Focus Areas: Leadership Development, Business Strategy, Financial Management
- Target Audience: Senior-level professionals aiming for CXO roles.
Admission Process and Eligibility Criteria
ISB’s admission process is highly competitive, ensuring that only the best and brightest candidates make it through. The school looks for candidates who demonstrate strong leadership potential, professional achievements, and a clear career vision.
Eligibility Criteria for PGP Program
| Criteria | Requirements |
|---|---|
| Work Experience | Minimum 2 years required |
| GMAT/GRE Score | A strong GMAT/GRE score (650+ preferred) |
| Educational Qualification | Bachelor’s degree or equivalent |
| Essays & Interviews | Candidates must submit essays and go through an interview |
Admission Process
- Application Submission: Candidates submit their academic records, work experience details, essays, and GMAT/GRE scores.
- Shortlisting: Candidates are shortlisted based on academic performance, leadership potential, and industry experience.
- Interview Process: Shortlisted candidates are invited for a personal interview to assess their communication skills, leadership abilities, and career vision.
With thousands of applicants vying for a limited number of seats, ISB ensures that only the most talented and ambitious professionals are admitted.
Career Prospects and Placement Trends
One of the biggest advantages of studying at ISB is its exceptional placement record. ISB graduates are highly sought after by top consulting firms, multinational corporations, and tech giants.
Placement Statistics
| Year | Average Salary (INR) | Top Recruiters |
|---|---|---|
| 2023 | ₹34 LPA | McKinsey, Amazon, BCG, Google |
| 2022 | ₹32 LPA | Deloitte, Microsoft, Bain & Co. |
| 2021 | ₹29 LPA | Goldman Sachs, Accenture, Uber |
Top Job Roles for ISB Graduates
- Management Consultant
- Product Manager
- Investment Banker
- Marketing Head
- Business Strategy Consultant
With such strong placement support and high salary packages, ISB remains one of the best business schools in India.
Conclusion
The Indian School of Business (ISB) has cemented its place as a leading institution for management education in India and globally. With its top-ranked programs, internationally recognized curriculum, and exceptional career opportunities, ISB continues to attract the best talent from across the world. Its alumni lead Fortune 500 companies, build successful startups, and shape business strategies globally.
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