Indian School of Business
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| Indian School Of Business | |
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| Established: | 2001 |
| Type: | Business School, Private |
| Dean: | Ajit Rangnekar |
| Faculty: | 30 Permanent Faculty ~100 Visiting Faculty |
| Postgraduates: | 425 (2008) |
| Location: | Hyderabad, Andhra Pradesh, India |
| Website: | http://www.isb.edu |
The Indian School of Business (ISB) located in Hyderabad, India, is an international business school providing postgraduate programmes in Management (Master of Business Administration - MBA), post doctoral programmes, as well as executive education programmes for business executives. It was founded on December 2, 1999[1] by a group of Fortune 500 entrepreneurs in collaboration with Andhra Pradesh's state government. Rajat Gupta, former Managing Director of McKinsey & Company worldwide and Nara Chandrababu Naidu, the then Chief Minister of Andhra Pradesh played a key role in establishing the institution.
Indian School of Business's partners include Kellogg School of Management, Wharton Business School and London Business School .[2] The accelerated one-year post graduate programme course is ISB's specialty.
The Indian School of Business is listed as #15 among the top 100 global B-schools by the Financial Times annual MBA 2009 rankings. It was ranked at #20 in 2008. ISB is the first Indian B-School to find place in FT-Global B-School rankings and made it to the top twenty in the very first year of its inclusion in list.[3]
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[edit] Campus
The beautiful sprawling Indian School of Business campus is located in Gachibowli, Hyderabad. It enjoys the locational advantage of being close to the campuses of Microsoft, Infosys, Wipro, Virtusa and IIIT Hyderabad.
The campus is rich in natural beauty and boasts of being home to a wide variety of flora and fauna. The campus has been designed in such a way that parts of it maintain the vegetation, rock formations, and natural habitat of the fauna, while other parts of the campus have manicured lawns, boulevards, and gardens. A wide variety of birds including the national bird of India, the peacock, can be found within the campus. A virtual campus tour is available on the institution's homepage.[4]
The Academic Block is at the heart of the ISB. It consists of the lecture halls, the auditorium, library, professors' rooms, administrative offices and the cafeteria.
The residential facility for full-time students consists of four housing blocks called Student Villages (SV), each accommodating up to 130 students at a time. Each SV has separate wings for individual students and for students with families. There is a separate Executive Housing (EH) available for candidates of executive programs, visiting professors, corporate executives etc. Permanent faculty reside in the Faculty Housing block.
The institution has state-of-the-art facilities - all lecture halls have AV equipment and network connectivity, an auditorium that seats over 400 people, a library with over 31,000 books, 2000 AV resources, 374 print journals, and a Computer Centre with online access to 40 online databases including over 2,000 e-journals.[5] All student rooms are provided with broadband Internet connectivity and in addition, Wi-Fi connectivity is available in almost all parts of the campus.
Recreational facilities include a fitness center, swimming pool, tennis, squash, badminton and basketball courts, football grounds as well as indoor sports such as billiards, carrom, and chess. Student parties are primarily held at the open air "Class of 2008 Events Lounge". An open air amphitheatre with steppe lawns has been recently constructed by the Class of 2009.
Other on-campus conveniences include a grocery store, book-store, bank/ATM, travel desk, medical-aid/doctor, and a small creche for kids.
[edit] Academic programmes
The academic programmes at the Indian School of Business provides the latest practices and trends in management education with the flexibility to explore different areas of interest. ISB's learning model emphasises on the close connection between management education and management practices that focuses on creating business leaders.
The Programmes offered by the institute include:
[edit] Post Graduate Programme in Management
The one year programme in management education follows a combination of core courses, selected electives and an experiential learning project, which allows students to interact with the industry. The core courses, taught over eight terms, teach the basics of Financial Accounting, Corporate Finance, Competitive Strategy, Strategic Marketing, Marketing Decision Making, Investment Analysis, Operations Management, Fundamentals of E-Commerce and Technology and Government Society and Business.
The programme follows an April to April yearly schedule consisting of eight terms out of which four are for Core courses and four for Electives. The Experiential Learning Project is an integral part of the programme in which students, in groups of three to four, work on live projects in a corporate environment.
The institute places emphasis on students with prior work experience and has a recommended minimum work experience of two years. The admission process is highly competitive and invites applications from students with good Graduate Management Admission Test scores and relevant work experience. The shortlisted students are then interviewed by a panel of two to three people mostly drawn from the ISB faculty and alumni.
[edit] Course Structure and Curriculum
The academic year begins in April and is divided into 8 terms - 4 core terms and 4 elective terms, with each term running for 6-7 weeks. During the core terms, all students take a variety of courses such as Accounting, Marketing, Finance, Organizational Behaviour, Information Technology, Strategy, Operations etc that provide the foundation for a business degree. In the elective terms, students can opt among the electives offered towards pursuing their concentration. Each course counts for 1 credit, and 6 credits from a track are required to obtain the concentration. It is mandatory to obtain concentration in any one area, though a student can choose a maximum of two concentrations.
[edit] Academic and Social Clubs
Student life at ISB is enhanced by a number of student-run academic and social clubs. Popular ones include the Consulting Club, Marketing Club, Business Technology Club, Photography.
[edit] International exposure
ISB faculty come from amongst the top business schools. They offer their expertise in designing a curriculum that is created based on their experiences in research, consultancy, and interactions with global organizations.
The International Student Exchange Programme provides the students an opportunity to spend a couple of semesters in ISB's partner schools abroad. Some of the partner schools include Thunderbird School of Global Management, London Business School, Kellogg School of Management, CEIBS China, Fuqua School of Business at Duke, The Fletcher School, USA; HEC School of Management France, Melbourne Business School Australia and Wharton Business School.
The school along with the Wharton Business School also offers The Wharton Global Consulting Practicum. This is a global consulting program that helps develop skills in negotiation and consulting from a global standpoint.
[edit] Placements
Unlike several other top B Schools in India, ISB conducts a rolling placement season for its students. For the batch passing out in 2008 it was reported by the Institute that it achieved 100% placements with an average salary of Rs 20 Lac ($40,000 approx). However placements season had to be extended for the Batch passing out 2009 since less than 300 students (out of 440 students) have received placements prior to the convocation ceremony.
[edit] Post Doctoral Programme in Management
The institute believes in nurturing research in management and aims to contribute to the academicians and the industry. The Business Research Fellowship Programme (BRE) intends to focus on issues afflicting industries in both developing and developed markets.
The duration of the programme is up to 2 years and 4 months. The fellows would be required to publish their research in business/management in leading journals and also help the faculty in classes and in research. The school also provides qualified fellows opportunity to spend a couple of semesters in top business schools.
The programme expects the individual to demonstrate capabilities to do research. It looks for scholars who hold a Ph. D in Computer Science, Statistics, Operational Research, etc. The selection is based on past research, Statement of Purpose, recommendations followed by an on-campus presentation and interview.
[edit] Executive programmes
The Center for Executive Education (CEE) conducts management programmes of short and long term duration for middle and top management executives. The faculty for these programmes are drawn from the best across the globe in imparting executive trainings and with exposure to consulting for large organizations.
The programmes conducted by CEE for executives can be classified into 3 broad categories.
- Open Programmes
- General Management
- Customised Programmes
The CEE offers Open Programmes on Marketing, Strategy and Leadership, Finance and Accounting and Operations and Technology. Along with top-notch faculty and innovative curriculum these programmes provide great opportunities for networking amongst the executives and share and learn from each other's experiences. These programmes draw a diverse set of entrepreneurs, CEO's and managers from a wide spectrum of industries.
The General Management Programme offered by CEE include Managing Young Global Enterprise (MY GLOBE), ISB Kellog Global Advanced Management Programme and Accelerated Management Programme. These programmes aim to transform the performance of both the individual and the organizations they represent or lead.
The CEE of the Indian School of Business also offers customized management programmes to meet the specific needs of organizations. ISB works with the clients to establish an integrated partnership based on what it calls a 4-D approach to learning. Discover, Develop, Design and Deliver.
[edit] Faculty
ISB follows a model of having a mix of visiting and resident faculty.
Visiting faculty from business schools around the world come and offer courses at ISB. These professors come from various fields of research and specialization. Faculty from schools such as Wharton, Kellogg, London Business School, UCLA, IESE Spain, INSEAD France, Kenan-Flagler, Duke Fuqua, U Mich, Haas, Emory Goizueta, Ohio State, and Cornell (among others) have taken courses at ISB. During the course of the term, the visiting faculty stay on campus providing students with an opportunity to interact with them outside of class hours.
Apart from visiting faculty, there are good number of permanent resident faculty. A profile of the ISB faculty can be found on the ISB website.[6]
[edit] Seminars and Conferences
The First International Conference on Igniting the Genius Within, organised by the Centre for Leadership, Innovation, and Change (CLIC).[7] at the ISB, offered participants a unique opportunity to experience the confluence of three themes - Leadership, Innovation and Change - perused through three lenses:
- Wisdom Perspectives: Based on ideas and world-views from the spiritual domain that have withstood the test of time and give us direction, passion and meaning
- Scientific Principles: Based on latest research in the areas of neuro sciences, cognitive sciences, and complexity models
- Management Practices: Based on best practices from around the world
For more details visit: http://www.isb.edu/CLIC/IgnitingtheGeniusWithin.Shtml
[edit] Visits by leaders
ISB is well known for drawing some of the top leaders, both domestic and international, to its campus. Former US President George W. Bush visited ISB during his 2006 trip to India.[8] On December 5, 2006, Indian Prime Minister, Dr. Manmohan Singh visited the ISB campus.[9] Other prominent personalities who have visited ISB include Prof. Jeffrey Sachs and Thomas Friedman.
[edit] Rankings
In 2008, The Financial Times ranked ISB as #20 among the top global business schools of the world, making it the youngest institution to do so in the history of B-school rankings. In 2009, ISB continued its steady progress by reaching #15 on the same ranking platform.
FT Global Business School Rankings
[edit] Executive Board
- Rajat Gupta, Chairman, ISB
- Senior Partner Emeritus, McKinsey & Company, Inc
- Anil Ambani, Group Chairman and CEO, Reliance Anil Dhirubhai Ambani Group
- Rahul Bajaj, Chairman, Bajaj Auto Limited
- Purnendu Chatterjee, Chairman, The Chatterjee Group
- Keki Dadiseth, Chairman, Omnicom India
- Yogesh Deveshwar, Chairman, ITC Limited
- Adi Godrej, Chairman, The Godrej Group
- K. V. Kamath, Managing Director and CEO, ICICI Bank Limited
- Uday Kotak, Executive Vice Chairman and Managing Director, Kotak Mahindra Bank Limited
- Anil Kumar,Director, McKinsey & Company, Inc.
- Harish Manwani, President, Asia & Africa, Unilever Plc
- Chairman, Hindustan Lever Limited
- Kiran Mazumdar–Shaw, Chairman and Managing Director, Biocon India Limited
- Lakshmi Mittal, President and CEO, Arcelor Mittal Steel Company
- Sunil Kant Munjal, Managing Director, Hero Corporate Services Limited
- N R Narayana Murthy, Chief Mentor, Infosys Technologies Limited
- Shiv Nadar, Founder, HCL Technologies Limited
- Sanjay Nayar, CEO and Country Head for Kohlberg Kravis Roberts & Co in India
- Deepak Parekh, Chairman, HDFC
- Rajendra Pawar, Chairman, NIIT Limited
- N Prasad, Vice Chairman, Matrix Laboratories Ltd
- Srini Raju, Managing Director and Co-Founder, Peepul Capital
- Girish Reddy, Founder, Prisma Capital Partners LP
- K Anji Reddy, Chairman, Dr Reddy's Laboratories Ltd
- Analjit Singh, Chairman, Max India Limited
- K P Singh, Chairman of the Board, DLF Limited
- Syam Prasad Reddy, Chairman and Managing Director, Indu Projects Ltd
- Pramath Raj Sinha, Founding Dean, Indian School Business
- Founder and Managing Director, 9.9 Mediaworx Pvt Ltd
- Mallika Srinivasan, Director, Tractor and Farm Equipment Limited
[edit] References
- ^ "Foundation stone laying ceremony date". December 20, 1999. http://www.isb.edu/KnowISB/Datelines.Shtml.
- ^ "ISB associate schools list". http://www.isb.edu/KnowISB/associateschool.shtml.
- ^ (Source: http://www.ft.com)
- ^ "Campus Tour". http://www.isb.edu/Campustour/index.html.
- ^ "ISB Learning Resource Centre". http://www.isb.edu/lrc/.
- ^ "Faculty Directory". http://www.isb.edu/Faculty/FacultyDir.aspx.
- ^ "Centre for Leadership, Innovation and Change". http://www.isb.edu/CLIC/.
- ^ "President George W. Bush's visit to ISB". March 3, 2006. http://www.isb.edu/BushVisit/.
- ^ "Dr. Manmohan Singh's visit to ISB". December 5, 2006. http://www.isb.edu/PowerofFive/PM_Visits_the_ISB-Report.html.
[edit] External links
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