Admission Process and Courses @ Indian School of Business
Indian School of Business is a private B-school established in India. It was established in the year 2001. It has campuses in Telangana, Hyderabad, and Mohali. The business school is accredited to Advance Collegiate School of Business (AACSB). AACSB is a non-profit membership organization that provides with the quality certification to its member schools and the programs of the member schools. But the institute is not accredited by AICTE All India Council for Technical Education as the school has not applied for such accreditation, as it offers the certificate programs and not the diploma program.
The courses offered by the institute are Post-Graduate Programme in Management along with the Young Leaders Programme.
The Post-graduate programme in the management of the business school develops global leaders. It also gives within reach on emerging economies and their exclusive business challenges. It is a one-year programme. The global curriculum teaches the best of management practices from around the world.
Overview:
The Post-Graduate Programme in Management is designed in such a way for those who want to transform their carriers by expanding the thought process and refining the objectives and goals. The one-year programme is easy for professionals to take a break in the middle of their career.
Core courses of PGPM at Indian School of Business :
The core courses in ISB are taught in the first 3 terms of the course. Each core comprises of full-time course load of 4-5 subjects. The core course taught in the business school includes strategy, finance, marketing, operations, and IT management. The core courses are taught by the outstanding faculty members and international faculty.
The core courses available in Indian School of Business are as follows:
Term 1:
- Financial accounting and decision making.
- Managerial economics.
- Marketing management.
- Statistical methods for management decisions.
Term 2:
- Business communication.
- Decision models and optimization.
- Competitive strategy.
- Global economics.
- Marketing decision making.
Term 3:
- Corporate finance I.
- Managerial accounting and decision making.
- Management of organizations.
- Operations management.
- Responsible leadership.
- Leadership development.
Term 4:
- Corporate accounting II.
- Strategies for the digital economy.
Practicum courses:
The ISB in addition to classroom learning, the curriculum integrates applied to learn through practicum courses. The ISB provides a platform where the students can apply their learning. The PGPM program is supported by the following interventions.
- ELP (Experiential Learning Programme)
- PAEV (Planning An Entrepreneurial Venture)
ELP:
It encourages students to work with real-world business issues. This gives the chance to apply the inside classroom learning to the outside world and gain new perspectives on business and global issues. It is a live consulting programme undertaken by the students as a part of the elective curriculum. The main aim of ELP is to provide the students the opportunity to work with the companies in real-time and to gain additional experience.
The students who are participating in the program are required to prepare a consulting proposal to the client. The students have to make the primary or secondary research and prepare the final report and have to present the findings with recommendations to the clients. Many of the companies will use this as a pre-recruitment exercise.
It has a tremendous response from the students and as well as the corporate communities. The students must form a team comprising of 3-4 members and would submit an expression of interest. The client would select the team based on the application and work experience.
ELP projects are mainly focused on addressing live business issues. The students will be guided by the faculty advisor and industry experts. The students in the team have to work on the project over a period of 5 months. They can travel up to 10 days over the project for the field work.
PAEV (Planning an Entrepreneurial Venture):
It is common among the students as it guides them on how to start their own entrepreneurial venture. It gives the students an exciting introduction to the process and practice of entrepreneurship and new venture creation. Industry trends and market figures play a major role in shaping the outlines of the elective.
Admission:
The students applying for the PGPM courses should have
- The candidate must possess a bachelor’s degree or equivalent degree in any discipline.
- Valid GRE or GMAT scores.
- The candidates should have at least 24 months/2 years of full-time work experience.
- IELTS/TOEFL/PTE scores (only if the language in UG is not English).
Early entry option: if PGPM deferred
- The candidates must possess a bachelor’s degree or equivalent degree in any discipline.
- Valid GRE or GMAT scores.
- The candidates should have at least less than 24 months/2 years of full-time work experience.
- IELTS/TOEFL/PTE scores (only if the language in UG is not English).
The ISB (Indian School of Business) considers the following parameters for the admission process in each student.
- Academic credentials.
- Leadership potential.
- Personal attributes.
Fee structure:
Particulars | Shared accommodation | Studio accommodation |
Amount in INR | ||
Admission fee non-refundable | 250000 | 250000 |
Add GST @18% | 45000 | 45000 |
Tuition and other costs | ||
Tuition fee | 2350000 | 2350000 |
Campus accommodation | 278000 | 400000 |
One time contribution for use of library and recreation centre | 15000 | 15000 |
Alumni association membership deposit (transferable to alumni association fund upon graduation) | 25000 | 25000 |
GST @ 18% current applicable rate | 480240 | 502000 |
Total fees payable | 3443240 | 3587200 |
Security deposit refundable at the end of the academic year | 20000 | 20000 |
Total amount | 3463240 | 3607200 |
Get More Information about Courses available at ISB (Indian School of Business); Also Check Admission Process and Eligibility Criteria.
Scholarships:
The scholarships are awarded to the deserving students with limited financial resources and to reward the exceptional PGPM candidates.
The ISB funded tuition waiver includes donor-funded and corporate-funded scholarships. These waivers are given at the time of admission.
- Merit waiver– this is given on the overall weighted scored at the end of the selection process. Up to 40% scholarships varying from Rs.5 lakh to full tuition fee are given to eligible candidates at the discretion of the Adcom.
- Need-based waiver– ISB and Corporate donors both award up to 40 scholarships of Rs.5 lakhs each to the deserving students whose family income is not more than 10 lakhs. The students have to give the essay and proof of income to be eligible for the waiver.
- ISB Merit by diversity– it enriches the learning both inside and outside the class. The ISB gives the scholarship to 10 students for up to Rs.5 lakhs to encourage them with diverse profiles.
- AIESEC-ISB waivers– 3 scholarships of Rs. 5 lakhs are given to AIESECers. The essay has to be submitted.
- International diversity– the B-school offers 30 scholarships of varying amounts to the international deserving students.
- Bridge to India– This is given to Indian-origin students currently working aboard, planning to come back to India. 5 to 10 lakhs are given up to 5 students. An Essay has to be submitted.
Young leaders programme:
Young leaders programme is a foundation programme that ultimately leads to the FT ranked candidates in the PGPM in Indian School of Business. It is a deferred admission option for high potential students pursuing the Bachelors or master’s degree. The programme is for extremely talented students and they would facilitate their mentorship to set them on a path of high performance from the beginning of their career.
Programme structure:
The Young Leaders Programme is a mixture of both on campus and online learning modules. This will lead to the integration with the flagship of the Post-Graduate Programme of ISB. The mentorship and learning will guide the students in navigating the career with steady effort and response from the world-class faculty.
Admission:
In order to apply for the young leadership programme, the students must be in a final year or pre-final year of UG or PG education. It is designed to provide with all the necessary tools to guarantee success at the workplace and also to lay a strong base for the admission to the intensive one-year PG programme in management in ISB
Learning programme key:
It is designated to facilitate the students to step further on as young leaders in the professional stint prior to enrolling in PG programme. The selected students must attend the learning weekends and that would give them a holistic view of the world-class faculty and ISB experience.
The session focus on the following:
- Understanding the needs of a B-school education.
- Comprehending and enhancing leadership quotient.
- Exposing the students to varied career choice and opportunities.
- Personality and career appraisal test.
- Developing the right thinking process to help solve problems in the corporate world.
- Developing communication, presentation skills, and relationship management.
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