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

Indian School of Business (ISB), Hyderabad & Mohali

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.

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

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.

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.”

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.    

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.

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

 

ISB Young Leaders Programme (YLP) Option

THE ISB YOUNG LEADERS PROGRAMME is a deferred admission option for high potential college students pursuing their Bachelor’s or Master’s education who don’t have the required work-ex for ISB. The admitted students gain a perspective on management education before enrolling in to the full-time PGP programme once they have garnered the required 2 years minimum work experience.

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.

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. 

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.

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.

Read this article for the list of institutions & banks providing loans to ISB students.

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.

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.

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
 

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

 

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

More posts about Indian School of Business for you:

  1. ISB vs IIM – A detailed comparison table
  2. ISB displaced IIM A in As the No.1 MBA in India in FT 2018 Global MBA Ranking

Read All news from ISB – From 2014 to current date


Data for previous years

Placements Class profile essays GMAT Eligibility One year MBA in India Indian School of Business PGP PGPX ISB Hyderabad Mohali Full time Executive MBA 1 yr best fees deadline loans score minimum work experience

Placements Class profile essays GMAT Eligibility One year MBA in India Indian School of Business PGP PGPX ISB Hyderabad Mohali Full time Executive MBA 1 yr best fees deadline loans score minimum work experiencePlacements

Placements Class profile essays GMAT Eligibility One year MBA in India Indian School of Business PGP PGPX ISB Hyderabad Mohali Full time Executive MBA 1 yr best fees deadline loans score minimum work experience

Placements Class profile essays GMAT Eligibility One year MBA in India Indian School of Business PGP PGPX ISB Hyderabad Mohali Full time Executive MBA 1 yr best fees deadline loans score minimum work experiencePlacements Class profile essays GMAT Eligibility One year MBA in India Indian School of Business PGP PGPX ISB Hyderabad Mohali Full time Executive MBA 1 yr best fees deadline loans score minimum work experience

Placements Class profile essays GMAT Eligibility One year MBA in India Indian School of Business PGP PGPX ISB Hyderabad Mohali Full time Executive MBA 1 yr best fees deadline loans score minimum work experiencePlacements Class profile essays GMAT Eligibility One year MBA in India Indian School of Business PGP PGPX ISB Hyderabad Mohali Full time Executive MBA 1 yr best fees deadline loans score minimum work experience

Placements Class profile essays GMAT Eligibility One year MBA in India Indian School of Business PGP PGPX ISB Hyderabad Mohali Full time Executive MBA 1 yr best fees deadline loans score minimum work experience

Placements Class profile essays GMAT Eligibility One year MBA in India Indian School of Business PGP PGPX ISB Hyderabad Mohali Full time Executive MBA 1 yr best fees deadline loans score minimum work experiencePlacements Class profile essays GMAT Eligibility One year MBA in India Indian School of Business PGP PGPX ISB Hyderabad Mohali Full time Executive MBA 1 yr best fees deadline loans score minimum work experience

Placements Class profile essays GMAT Eligibility One year MBA in India Indian School of Business PGP PGPX ISB Hyderabad Mohali Full time Executive MBA 1 yr best fees deadline loans score minimum work experiencePlacements Class profile essays GMAT Eligibility One year MBA in India Indian School of Business PGP PGPX ISB Hyderabad Mohali Full time Executive MBA 1 yr best fees deadline loans score minimum work experience

Placements Class profile essays GMAT Eligibility One year MBA in India Indian School of Business PGP PGPX ISB Hyderabad Mohali Full time Executive MBA 1 yr best fees deadline loans score minimum work experience

ELIGIBILITY

  • Bachelor’s degree in any discipline.
  • Preferably two years of full-time work experience after graduation. Exceptional candidates, with less work experience, will be considered for deferred admission.
  • GMAT score
  • TOEFL / IELTS / PTE score, only if language of instruction during undergraduate education was not English.

Institution Code for ISB for different tests system

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 providedPGP Admissions Office
Indian School of Business
Gachibowli
Hyderabad-500 032, India
Ph +91 40 2318 7474
Fax +91 40 2300 7099

APPLICATION & SELECTION PROCESS

ISB considers a number of factors for admission:

  • LEADERSHIP POTENTIAL

Applicants who have consistently demonstrated an ability to take up initiatives in their work or academic life are encouraged to apply. This is assessed through recommendations or references you provide in the application. You must include recent recommendations from the current workplace, preferably from the direct supervisor. While most of you may not have had a chance to demonstrate leadership skills at the public level, so initiatives at work or in personal life will help the Admissions Committee assess your potential.

  • DIVERSITY

The ISB welcomes diversity in all forms like work experience, educational background, nationality among others. But above all, the School values the quality of the work experience you have gained against the number of years you have worked in a certain sector.

  • ACADEMIC BACKGROUND/ANALYTICAL ABILITY

The Post Graduate Programme (PGP) at ISB is rigorous. The one-year duration makes it even more challenging. Therefore, the evaluation keenly considers your academic performance. However, ISB does not restrict candidates by “cut off” criteria. They also assess analytical ability based on the GMAT score. While a good GMAT score helps, ISB does not have a cut off for the GMAT. An average score, for instance, can be compensated by achievements in other areas. Work Experience The School prefers applicants with at least two years of work experiences. However, exceptional candidates with lesser experience will be considered for a deferred admission.

Application fee

The application fee to apply for the programme is INR 3,371 {(INR 3,000 + Service Tax of INR 371)  (approximately USD 60)}. The fee needs to remitted only at the time of submitting an application through a credit card or internet banking. Debit Card will not be accepted.

The application fee for Re-applicants is INR 1,124 {(INR 1,000 + Service Tax INR 124)}  (approximately equivalent of US $ 20).

Application cycle

Placements Class profile essays GMAT Eligibility One year MBA in India Indian School of Business PGP PGPX ISB Hyderabad Mohali Full time Executive MBA 1 yr best fees deadline loans score minimum work experience

COURSE COMMENCEMENT:

Each year the course begins in April

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.

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.

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

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.

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

 

Sources: 1, 2

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