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Indian School of Business

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Indian School Of Business

Established	2001
Type:	Business School
Dean:	M Rammohan Rao
Location	Hyderabad, India
Website:	http://www.isb.edu

The Indian School of Business (ISB) located in Hyderabad, Andhra Pradesh, 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 20, 1999^[1] by a group of Fortune 500 entrepreneurs^[2] 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.^[3] Indian School of Business's partners include London Business School, Wharton Business School and Kellogg School of Management.^[4]The accelerated one-year post graduate programme course is ISB's speciality.

The institution

The ISB is located in Gachibowli, Hyderabad. It enjoys the locational advantage of being close to Microsoft (IDC,GDCI,MGSI), Infosys, Wipro and IIIT. The campus is rich in resources. A virtual campus tour is available on the institution's homepage [1]. ISB Student community consists of four housing blocks, each accommodating up to 130 students at a time.

Indian School of Business Academic building

The institution enjoys a world-class faculty drawn from the top A-schools in the world. It follows a model of having a mix of visiting and resident faculty. During the course of the term, the visiting faculty stays on campus providing students with an opportunity to interact with them outside of classroom hours. The institution houses a state-of-the-art library with over 14,000 books, 1000 AV resources, 360 print journals, a Computer Centre with online access to 36 online databases including over 2,000 e-journals.^[5] A recreation center provides students access to a gym, swimming pool, basketball courts, squash courts, badminton and football grounds. There is also a small creche for kids.

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 :-

One Year Post Graduate Programme in Management
Post Doctoral Programme in Management.
Executive Programmes

Visits by leaders

ISB is well known for drawing some of the top leaders, both domestic and international, to its campus. US President George W. Bush visited ISB during his 2006 trip to India.^[6] On December 5, 2006, Indian Prime Minister, Dr. Manmohan Singh visited the ISB campus.^[7]

One year post graduate programme in management

ISB Library

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 2 years. The admission process 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.

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 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 London Business School, Kellogg School of Management, CKGSB China, Fuqua School of Business at Duke, The Fletcher School, USA; HEC School of Management France, Melbourne Business School Australia. The school along with the Wharton Business School also offers The Wharton Global Consulting Practicum. This a global consulting program that helps develop skills in negotiation and consulting from a global standpoint.

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 (BREP) 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 with 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.

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.

Faculty

ISB boasts of world class faculty. Visiting faculty from the business schools around the world come and offer courses at ISB. These professors come from various fields of research and specialization and from schools like Wharton, Kellogg, London Business School, Stanford, Chicago, Duke and Texas among others. Apart from them, there are good number of in-house resident faculty. A profile of the ISB faculty can be found on the ISB website[2].

Executive Board

Rajat Gupta, Chairman, ISB
- Senior Partner Worldwide , McKinsey & Company, Inc
Anil Ambani, Chairman and Managing Director , Reliance Energy Limited
Rahul Bajaj, Chairman , Bajaj Auto Limited
Purnendu Chatterjee, Chairman , The Chatterjee Group
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 MD , Kotak Mahindra Bank Limited
Anil Kumar , Director , McKinsey & Company, Inc.
Harish Manwani , President, Asia & Africa , Unilever Plc
- Chairman , Hindustan Lever Limited
Lakshmi Mittal , Chairman 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, Citigroup India , Citigroup
Deepak Parekh ,Chairman , HDFC
Rajendra Pawar , Chairman , NIIT Limited
Ramalinga Raju , Founder and Chairman , Satyam Computer Services Limited
Girish Reddy , Founder , Prisma Capital Partners LP
Kiran Mazumdar – Shaw , Chairman and Managing Director , Biocon India Limited
Analjit Singh , Chairman , Max India Limited
Pramath Raj Sinha , Founding Dean ,Indian School Business
- Managing Director & CEO , ABP Private Limited
Mallika Srinivasan , Director , Tractor and Farm Equipment Limited

References

^ Foundation stone laying ceremony date (December 20, 1999).
^ ISB Founders.
^ Inauguration by Chandrababu Naidu (July 01, 2001).
^ ISB associate schools list.
^ ISB Learning Resource Centre.
^ President George W. Bush's visit to ISB (March 3, 2006).
^ Dr. Manmohan Singh's visit to ISB (December 5, 2006).

Inhouse Magazine - ISB insight

ISB Insight is the School’s magazine featuring contemporary themes, interviews with CEOs & faculty, and reports on student activities, executive education programmes, and other important ISB events on or off the campus. The newsletter is published quarterly – in the months of March, June, September and December.

Blogs on Indian School of Business

These are the blogs either written by ISB alumni or current students of ISB and also other blogs on Indian School of Business

Directory of ISB Blogs

ISB League of Bloggers

Class of 2006

Class of 2007

Class of 2008

External links

Official website

News Reel

These are the links to news/articles published on Indian School of Business in various online editions of domestic and international news papers and also various other websites giving information on B-schools