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Indian School of Business

Image for Indian School of Business
CLASS SIZE 800-900
FEMALE 37%
MEAN GMAT n/a
% Engineers 57%

The Indian School of Business (ISB) is located in Hyderabad, India, one of the larger urban areas in India, and in Mohali, India.  ISB offers a full-time Post Graduate Program in Management (PGP) in addition to a Post Graduate Program for Senior Executives (PGPMAX) and a Post Graduate Program for Working Professionals (PGPpro).  Highlights of ISB’s program include a condensed time frame of only one year as well as access to an international faculty and the thriving global IT scene in Hyderabad.  This proximity to tech companies and their leaders further enhances the learning environment, and career opportunities, for ISB students.

FAQ

What is the tuition for ISB’s MBA program?

The tuition for ISB’s MBA program is 24,57,000 INR (US$29,906).

What is the average GMAT score for admission to ISB’s PGP program?

ISB did not publish the average GMAT score for their most recent class. But the  range of GMAT scores in the current class is 600 to 780.

Does the ISB MBA program accept the GRE?

Yes. The ISB MBA program has accepted the GRE for a few years now.

What is the average GRE score for admission to ISB’s PGP program?

ISB did not publish the average GRE score for their most recent class. But the range of GRE scores for the most recent class is 311 to 335.

What is the minimum number of years of work experience required for admission to ISB’s MBA program?

ISB requires a minimum of 2 years of work experience.

What is the average number of years of work experience for admission to ISB’s MBA program? (or, What is the average age of a ISB MBA student?)

The average number of years of work experience among students in ISB's MBA program is 4.3. The average age of an ISB student is around 27 years old.

What is the average starting salary for graduates of the ISB MBA program?

The average starting salary for ISB MBA graduates is 33,25,742 INR.

How long is ISB’s full-time MBA program?

ISB offers a 1 year MBA program.

What are the application deadlines for ISB's MBA program?

The Round 1 MBA application deadline is September 15, 2024. The Round 2 & 3 MBA application deadlines are TBA.

Admissions

The Class Profile

Between 800 and 900 students usually matriculate at ISB between the Mohali and Hyderabad campuses. The latest stats from ISB report a class of 63% male and 37% female. Seventy-three percent of students matriculated with between two to five years of work experience, and 27% had worked for over five years. Fifty-seven percent of entrants were previously engineers. The  range of GMAT scores in the current class is 600 to 780 and the range of GRE scores is 311 to 335.

Application Procedures

To submit a complete application to ISB, applicants must fill out its online data form, respond to an essay, report their GMAT or GRE score, submit their undergraduate transcripts and provide the name of a recommender. ISB prefers applicants to have at least two years of full-time experience to be considered for the PGP, and highly qualified candidates with less experience may be eligible for deferred admission.  Applicants must also pay an application fee that ranges from INR 5,000 to INR 10,000. ISB has two cycles, or rounds, of admission for Indian passport holders occurring in mid-September and early January.  International applicants are evaluated on a rolling basis, with decisions going out within six weeks after receipt of all materials.

Application Checklist

  • Online Application
  • Application Fee
  • Passport Size Color Photo
  • Passport Copy
  • Academic Mark Sheets & Certificates
  • Work experience
  • One Recommendation
  • GMAT/GRE, TOEFL/IELTS Scores
  • Interview

Essay Topic Analysis

Need help with your essays? Get our experts' advice.

Interview Reports

Indian School Of Business Q&A's

Indian School Of Business LiveWire and DecisionWire

MBA LiveWire

February 2, 2024 10:54am ET
Waitlisted at Indian School of Business
Round: Round 1
Received via email on November 16, 2023
GPA: 2.6
GMAT: 740
Program Type: Traditional Two-Year
Post MBA Career Name: Operations Management
Application Location: India
January 31, 2024 7:11am ET
Rejected at Indian School of Business
Round: Round 2
Received via portal January 31, 2024
GPA: 3.85
GMAT: 760
Program Type: Traditional Two-Year
Post MBA Career Name: Other
Application Location: San Francisco
Note:

Transition from consulting to family business

December 15, 2023 3:16am ET
Accepted to Indian School of Business
Round: Round 1
Received via email December 15, 2023
GPA: 7.023/10
GRE: 331
Program Type: One Year Program
Post MBA Career Name: Operations Management
Application Location: India
Note:

Admitted with 75% scholarship. So relieved!

November 30, 2023 2:26am ET
Waitlisted at Indian School of Business
Round: Round 1
Received via email
GMAT: 760
Program Type: One Year Program
Post MBA Career Name: Technology
Application Location: Australia
Note:

Waitlisted, could have done better in the interview.

November 17, 2023 1:19am ET
Accepted to Indian School of Business
Round: Round 1
Received via email November 17, 2023
GMAT: 750
Program Type: One Year Program
Post MBA Career Name: Consulting
Application Location: Mumbai
October 24, 2023 7:22am ET
Interview Invite to Indian School of Business
Round: Round 1
Received via email on October 04, 2023
GRE: 329
Program Type: One Year Program
Post MBA Career Name: Consulting
October 15, 2023 10:30pm ET
Interview Invite to Indian School of Business
Round: Round 1
Received via email October 15, 2023
GPA: 8.5/10
GRE: 331
Program Type: One Year Program
Post MBA Career Name: Consulting
Application Location: India
October 8, 2023 7:04pm ET
Interview Invite to Indian School of Business
Round: Round 1
Received via email October 8, 2023
GPA: 3.2
Program Type: Traditional Two-Year
Post MBA Career Name: Consulting

MBA DecisionWire

Cor
August 20, 2024 9:28am ET
Enrolled: Cornell / Johnson
Admitted: Cornell / Johnson $
$40000
,
Washington U. / Olin $
$100000
Applied: Cornell / Johnson, Michigan / Ross, UVA / Darden, Vanderbilt / Owen, Washington U. / Olin
Entering Year: 2024
Post MBA Career: Undecided
GPA: 3.85
Location: Miami, FL
Notes:

This is for applicants who are applying directly from undergrad to an MBA program without "post-bachelor" work experience. It is tough but possible with perseverance.

Sta
July 31, 2024 12:10pm ET
Enrolled: Stanford GSB
Admitted: U. Chicago Booth , Columbia $
$180000
,
Harvard Business School $
$130000
,
Michigan / Ross , Stanford GSB $
$130000
Applied: U. Chicago Booth, UPenn / Wharton, Stanford GSB, Michigan / Ross, Harvard Business School, Columbia
Entering Year: 2024
Post MBA Career: Undecided
GMAT: 750
Notes:

Selecting Stanford GSB for smaller class size and focus on innovation and entrepreneurship.

IES
July 23, 2024 3:58pm ET
Enrolled: IESE
Admitted: Cornell / Johnson , Duke / Fuqua , IESE , UPenn / Wharton , Yale SOM
Applied: Cornell / Johnson, Duke / Fuqua, Harvard Business School, IESE, Michigan / Ross, Northwestern / Kellogg, UPenn / Wharton, Yale SOM
Entering Year: 2024
Post MBA Career: Entrepreneurship
GMAT: 710
GPA: 3.6
HBS
July 23, 2024 9:21am ET
Enrolled: Harvard Business School
Admitted: Harvard Business School , Stanford GSB
Applied: Stanford GSB, Harvard Business School
Entering Year: 2024
GMAT: 760
Notes:

Opt'ed for HBS given stronger alumni network, larger class/network size, and better placement outside of Tech industry

Academics

Faculty

ISB has a full-time resident faculty of over 60 professionals. In addition to its resident faculty, the school hosts over 200 visiting faculty throughout the year who are often affiliated with other MBA programs, such as Wharton, Kellogg and Sloan. ISB also features a Learning Resource Centre and six Centres of Excellence, which support research on areas ranging from analytical finance to entrepreneurship development.

Curriculum

ISB faculty members utilize a variety of teaching methods including seminars, simulations, and case studies. The PGP is broken into eight terms of approximately five weeks each. Pre-term and orientation activities, which are social and recreational in nature, commence in early June. Classes begin virtually in mid-June in a 10-week program called Digital Head Start Module, developed in response to the COVID-19 pandemic. On-campus courses commence in September, and students graduate at the end of May the following year.

During their first four terms, students take a series of core courses. These courses are designed to give students a solid foundation in business principles including finance, marketing, strategy, operations, and IT management. The fourth core term crosses over with electives, as students can begin to direct their studies by choosing from about 80 electives for the remaining terms. By selecting specific combinations of courses, students can create specializations for themselves.

To further prepare its students for reentry into the workforce, ISB offers the Experiential Learning Programme (ELP). The ELP gives students the opportunity to work with established businesses on a range of issues they are facing, which may include matters of market positioning, new product development, creating growth strategies, and talent management. This for-credit experience allows students to work in teams of three to four and gain insight into real-life business considerations and present recommendations to the businesses with which they have been matched. Moreover, many companies view this program as a pre-recruitment exercise.

ISB also maintains over 50 exchange partnerships with other business schools in the United States, Europe, Africa and Asia.

Other MBA Degree Options

In addition to its one-year PGP, ISB offers a 15-month Post Graduate Program in Management for Senior Executives targeted at applicants with at least 10, and preferably 15 or more, years of work experience. ISB also offers a Post Graduate Program for Working Professionals, called a PGPpro. The PGPpro is an 18-month Weekend Executive MBA offered in Delhi or Hyderabad on alternating weekends. The fully funded Fellow Program in Management is designed to foster the potential of innovative academic researchers so that they can later secure faculty positions at leading international business schools. Finally, the Management Program for Family Business is a 15-month program tailored to students who will become leaders of their family businesses. In addition, ISB offers various advanced management and executive education programs.

Recent college graduates with less than two years of work experience hoping to attend ISB in the near future have the option to apply for the Early Entry Option. Students accepted through the Early Entry Option are granted advanced admission to ISB’s PGP upon completing two years of professional work experience prior to matriculation.

Degree Offerings at ISB

Post Graduate Programme in Management (PGP)
One-Year
https://www.isb.edu/en/study-isb/post-graduate-programmes/pgp-management.html

Post Graduate Programme in Management for Working Professionals (PGPpro)
https://www.isb.edu/en/study-isb/post-graduate-programmes/pgppro.html

Post Graduate Programme in Management for Senior Executives (PGPMAX)
https://www.isb.edu/en/study-isb/post-graduate-programmes/pgpmax.html

Management Programme for Family Business
https://www.isb.edu/en/study-isb/post-graduate-programmes/pgpmfab.html

Campus Life

Clubs, Conferences & Competitions

ISB has nearly 25 clubs that it divides into three categories: social, professional and special interest, all of which are overseen by the elected members of the Graduate Student Board. ISB’s social clubs include an Arts & Creativity Club, Dance Club and Quiz Club, among others, through which students get to know their peers outside of an academic context. Professional clubs, meanwhile, give students the opportunity to bond over shared career interests. Students can also participate in ISB’s 15 professional clubs, such as the Consulting Club, Finance Club and Marketing Club.

Professional clubs further enhance the campus community by organizing a number of events throughout the academic year. These events vary from ongoing workshops to lecture series and “conclaves.” For example, the Consulting Club organizes résumé reviews as well as Speaker Sessions, which cover all areas of consulting. Meanwhile the Finance Club organizes the Annual Finance Conclave in October that brings together interested members of the student body and current finance practitioners for speakers and panels on relevant topics. In addition to attending conferences and lectures, ISB students also compete in a number of competitions each year, including the Novartis BioCamp, PepsiCo Challenge and HILTI-ISB Case Study Competition.

Campus Spaces

ISB’s primary campus is spread across 260 acres of land in northwest Hyderabad. Facilities on the Hyderabad campus include a central academic building—called the Academic Centre—that houses the school’s main library, lecture theaters, faculty offices, the Learning Resource Centre and a 500-seat auditorium. In addition to its main academic building, ISB provides housing for its students in four student villages. Students also have access to the Recreation Centre, which includes a swimming pool, fitness center, and various sport courts.

The Mohali campus in northern India offers facilities similar to those on the original Hyderabad campus. Designed to meet LEED Gold sustainability criteria, ISB’s Mohali campus spans more than 70 acres and hosts four new institutes focused on healthcare, global manufacturing, public policy and infrastructure management.

MBA Careers

PGP Career Services

ISB’s Career Advancement Services (CAS) seeks to help its students further their career goals.  To assist students in their employment search, the CAS offers career counseling, skills workshops, résumé critique, interview practice, and additional support targeted at bolstering selected soft skills.  The CAS’s Learning and Development team begin working with students by the start of their first term.

The CAS Placement Process begins when recruiters are welcomed on campus to give presentations, which give students the opportunity to get a sense of each company’s culture and expectations.  After listening to the recruiters and sorting through job postings, students create “expressions of interest” for companies that best fit their own set of skills and experience.  Corporations then communicate with the CAS office to schedule interviews with eligible students.

PGP Career Statistics

99.4% of the Class of 2023 secured offers at graduation. 31% received offers in consulting and 18% in technology. Financial services covers 11% of the latest class offers, followed by 10% in retail/CPG.

Financing

The tuition for ISB is INR 24,57,000 for the 2023-2024 academic year. The full cost of the program, however, rises with additional fees and also depends on whether students choose to live on campus in a shared accommodation or in a studio apartment. The program cost also includes an admissions fee, library and recreation fee, deposit for alumni association membership, living costs, books, a computer, and meal plans, among other assorted fees. For those who choose shared accommodation, the total cost of the program is INR 32,77,980. Students who choose studio accommodations must pay a bit more for their independent living, with a total cost of INR 35,45,840.

ISB offers merit- and need-based scholarships that range from partial scholarships to full coverage of tuition. Each scholarship has its own requirements, which vary from focusing on a student’s nationality to how he or she scored on the GMAT exam. Students are automatically considered for some scholarships, while for others students must provide supplemental information and be interviewed before being awarded any funding.

ISB has partnered with several banks and lending institutions, including Axis and Bank of India, to offer loans to its students. These loans can amount to up to 100% of the cost of the PGP depending on a student’s collateral. The repayment and additional fees also vary from one organization to another.

Program Tuition                 

Admissions Fee 300,000 INR (US$3,652)
Tuition Fee 24,57,000 INR (US$29,906)
Campus accommodation

  • Shared 2,89,000 INR (US$3,518)
  • Studio 5,16,000 INR (US$6,281)

GOI service tax

  • Shared accommodation 4,96,980 INR (US$6,050)
  • Studio accommodation 5,37,840 INR (USD$6,547)

Library and Recreation Centre Fee 15,000 INR (US$183)
ISB Alumni Assoc. Membership 25,000 INR (US$304)
Security Deposit (refundable) 20,000 INR (US$243)

Total

  • Shared 32,77,980INR (US$39,915)
  • Studio 35,45,840INR (US$43,176)

Contact

Mailing Address:
Indian School of Business
Gachibowli, Hyderabad
Telengana – 500 111
India
Phone: +91 40 2318 7403/7474
Fax: +91 40 2300 7099
Email: [email protected]
Web: www.isb.edu
Twitter: @ISBedu