Programs at ISB

ISB PGP – Fees, Admissions, Ranking, Placements & Alumni

Prashanth Venkatesh, Marketing Director, Unilever, an ISB PGP Alum said “he lived a lifetime in one year” when asked about his journey with ISB.

While sharing his experience (Prashanth Venkatesh’s incredible one year at ISB) he said “You really get to know how much can happen in a single calendar year. You meet professionals from all over the country and different parts of the globe. You can participate in conferences, presentations, quizzes, events, clubs, networking, and much more.”

According to him, world-class academics, extraordinary networking, and personal growth were the key takeaways that helped him in career development and leadership.

If you want to get into ISB and want to experience what Mr. Prashant did, you first need to know more details about ISB.

  • What are the special features of the ISB programs?
  • How is class diversity?
  • How will be the admission process?
  • When is the application deadline?

We will discuss everything in this article. We also update this page with the admission events conducted by ISB for various programs.

isb-complete-guide

ISB Accreditation

ISB has triple-crown accreditation from 

  • Association of MBA (AMBA)
  • EFMD Quality Improvement System (EQUIS)
  • Association to Advance Collegiate Schools of Business (AACSB)

These accreditation represent the high standard of education in the MBA programs.

ISB Rankings

  • ISB ranked #1 in India and #4 in Asia in the Financial Times (FT) Global MBA ranking.
  • The one-year MBA program (PGP) ranked #32 globally in the Financial Times Global MBA rankings 2022.
  • ISB ranked #1 in India and #11 globally in the Poets & Quants 2021-2022 ranking of the top International MBA programs.
  • ISB ranked #5 in the Asia-Pacific region and #1 in India for the best B-schools 2021-2022 by the Bloomberg Businessweek.

The Bloomberg Businessweek’s ranking was based on learning, networking, entrepreneurship and compensation. In Asia-Pacific region ISB has ranked

  • #2 in learning
  • #2 in networking
  • #3 in entrepreneurship 
  • #6 in compensation

ISB campus

Hyderabad Campus

Indian School of Business 

Gachibowli,

Hyderabad, Telangana – 500 111

Ph +91 40 2300 7000

Mohali Campus

Indian School of Business 

Knowledge City, Sector 81, SAS Nagar,

Mohali, Punjab – 140 306

Ph +91 172 459 0000

Contact details of ISB

Partnerships

  • Founding schools 
    1. Kellogg School of Management
    2. Wharton University of Pennsylvania
  • Associate Schools 
    1. MIT- Sloan School of Management
    2. The Fletcher School, Tufts university
    3.  London Business School

Dean of ISB

Professor Madan Pillutla took charge as Dean of ISB on 1st July 2021. He is the 6th Dean of Indian School of Business.

Professor Madan Pillutla, Dean, Indian School of Business (ISB)

According to Professor Madan Pillutla’s inaugural address, “ISB is an internationally recognized world class business school with the aim of developing global leaders by providing world class infrastructure and resources. Being in the third decade of ISB, they wanted to continue to leverage their knowledge for the development of India. They want to establish ISB as the first B school that comes to mind for anyone across the globe who searches for the best business school.”

Why ISB?

ISB was designed to inspire young leaders who can direct the ever-changing business industry towards economic growth and social transformation. Their holistic and unique approach to education helps in developing future leaders.

why-ISB

Here are the reasons why you should join ISB:

  • Association with International universities
  • World-class infrastructure
  • Prominent faculty in the business industry from different parts of the world teach at ISB
  • High-quality research center
  • Strong alumni network
  • International exposure

Programs at ISB

ISB is well known for its one-year MBA program (PGP). Apart from this flagship program, ISB also offers other management, Advanced management, and Doctoral programs.

Post Graduate Program

  1. PGP – Post Graduate Programme in management (one year MBA program)

There are two deferred entries to this program

  • YLP – Young Leaders Programme
  • EEO – Early Entry Option
  1. PGPPRO – Post Graduate Programme in management for mid level working professionals
  2. PGPMAX – Post Graduate Programme in management for senior executives
  3. PGP MFAB – Post Graduate Programme in management for family business

Advanced Management Program (AMP)

  1. AMPBA – Advanced Management Programme in Business Analytics 
  2. AMPH – Advanced Management Programme for Healthcare 
  3. AMPI – Advanced Management Programme for Infrastructure 
  4. AMPOS – Advanced Management Programme in Operations and Supply Chain 
  5. AMPPP – Advanced Management Programme in Public Policy 

Doctoral Studies

  1. FPM – Fellow Programme in Management 
  2. EFPM – Executive Fellow Programme in Management

ISB Fees 

Here is the list of ISB fees for various MBA programs at ISB:

PROGRAMADMISSION FEE (INR)TUITION FEE + MEMBERSHIP FEE (INR)SECURITY DEPOSIT(INR)(Refunded at the end of the program)
PGP2,95,00030,97,62020,000
PGPpro3,00,00027,26,00020,000
PGPmax3,00,00037,03,00020,000
MFAB3,00,00039,38,00020,000

ISB Placements 2022

The placements for the ISB PGP class of 2022 were incredible with an increase in average salary by 20.76% compared to last year. The average accepted CTC is INR 32.76 lakhs which is three times higher than the offered CTC from their pre-ISB salaries. Due to the pandemic, the entire placement process for the ISB PGP class of 2022 took place virtually.

393 companies made a record by giving 2072 offers at the end of placement week. On average, every student had two offers. Women students who contribute 39% of the total class had an offer of 41%.

The top recruiters were from the consulting, IT/ITES/Technology, BFSI, FMCG/Retail, and Pharma/Healthcare sectors. Consulting firms made 37% offers, the top firms being McKinsey, Bain & Company, BCG, Deloitte India, KMPG, Boston Consulting Group, EY India, and LEK Consulting. 

ISB PGP Class Profile of 2023

isb-pgp-class-profile-2023

  • Class size - 843
  • Average GMAT - 720
  • Average GRE - 328
  • Gender diversity
    1. 63% male
    2. 37% female
Work experienceNumber of candidates
0 - 3 years211
3 - 5 years358
5 - 8 years224
8 years and above50

ISB PGP - Eligibility criteria

ProgramAcademic qualificationTest requiredWork experience
PGPBachelor's degree or equivalent qualification
GMAT/GRE score
TOFEL/PTE/IELTS (if medium of instruction was not English)
Minimum 2 years of full time work experience
YLPBachelor's degree GMAT/GRE score
TOFEL/PTE/IELTS (if medium of instruction was not English)
No work experience needed, pre-final or final year students can apply.
However they need to gain minimum 20 months of full time work experience as of PGP class start date
EEOBachelor's degree or equivalent qualificationGMAT/GRE score
TOFEL/PTE/IELTS (if medium of instruction was not English)
Less than 2 years of full time work experience.
You need to gain minimum 2 years of work experience as of PGP class start date
PGPproBachelor's degree or equivalent qualificationNot applicable5+ years
PGPmaxBachelor's degree or equivalent qualificationNot applicable10-25 years
MFABBachelor's degree or equivalent qualificationBusiness Admission Test (BAT)Family business owners with 0-5 years of experience

ISB admissions process

The admission process takes place in 3 rounds for the PGP and PGPpro programs and 2 rounds for the PGPmax and PGP MFAB programs.

You need to submit the application online with a GMAT/GRE score, necessary documents, essays, and recommendation letter (if applicable). Once shortlisted, you will get an invite from ISB for a face-to-face interview. You will get an admit to ISB based on your profile, GMAT/GRE score, and your performance in the interview. What is a good GMAT score for ISB?, check this article to know about good GMAT score for ISB.

isb-pgp-admission-process

Application and interview services

We at ISBmantra, with a team of former ISB admissions officers, can guide you with the application and interview services. Feel free to reach out to us.

As per the data from the GMAT club decision tracker, out of the total 781 applications for the PGP class of 2022, 506 candidates had applied in round 1, 249 candidates had applied in round 2 and 26 candidates had applied in round 3. 

ISB PGP class of 2022Number of applications Number of interview invitesPercentage of interview invitesNumber of students admitted Conversion ratio (in %)
Total 78141953.621050.1
Round 1 50626351.913551.3
Round 2 249142576847.8
Round 3 261453.8750

Though the percentage of interview invites hovers between 51 to 57 and the conversion ratio is also more or less the same for all rounds, applying in round 1 reduces the pressure of waiting till the end. So if ISB is your first preference or if you are planning to apply for a scholarship, it is better to apply in round 1.

ISB - Application deadline

ProgramProgram LocationRound 1 early decisionRound 1 Round 2Round 3
PGPHyderabad, MohaliSeptember 4,  2022December 4, 2022TBA
PGPPROMumbai, BangaloreMay 29,
2022
July 31,
2022
September 25, 2022
PGPPROHyderabad, DelhiNovember 20,
2022
January 29,
2023
TBA
PGPMAXHyderabad, MohaliSeptember 18, 2022November 6, 2022
PGPMFABHyderabad, MohaliNovember 13, 2022March 19, 2023

For more details about the application deadline, read this article on ISB application deadline.

ISB - Application fee (in INR)

ProgramRound 1Round 2Round 3
PGP500075007500
PGPPRO500050005000
PGPMAX1000015000-
PGPMFAB1500015000-

ISB curriculum

The academic year at ISB consists of 8 terms with 1.5 months each term and you must complete 32 credits to gain an MBA.

  • First 3 terms - core courses
  • Fourth term - crossover term which is a mix of core and elective courses
  • Last four terms - elective courses

Digital Headstart Module (DHM)

Adapting to the changes because of COVID, ISB has replaced the first term with a 10-week Digital Headstart Module (DHM). DHM comprises of

  • 4 easy-paced, core courses
  • Independent research project opportunity under Faculty guidance
  • Learning and career growth events
  • O-week and LEAD

DHM will ultimately ease the on-campus experience for students, having already inducted them into 4 core foundational subjects and has given ample opportunities to interact and bond.

You can choose from five functional specializations (called Majors)

  • Finance
  • Operations
  • Marketing
  • Entrepreneurship
  • Strategy & Leadership

ISB also offers industry specializations, such as Healthcare, Manufacturing, and Information Technology. You must take up at least one functional Major and a maximum of two functional specializations. The industry specializations are optional.

There is a mandatory elective for each specialization which may be distributed in one or more terms. So, two or three courses are designated as mandatory electives and if you are planning to pursue a particular Major you have to opt for one of the mandatory electives.

Experiential Learning Program (ELP)

ELP is a short-term project that falls under the purview of consulting. ISB tends to solicit these consulting projects from a number of different companies (domestic and international) and float it among teams of current students who may be interested in a particular sector or function.

The majority of the ELPs at ISB arrive between the end of the second term and the beginning of the fourth term. Taking up an ELP is equivalent to a two-credit course.

Steps for ELP

  • The first step involves forming a diverse team that can offer a wide range of skills and experiences. 
  • After exchanging emails, and trying different combinations, a team of three to six members is formed. 
  • A brief document is then to be drafted, elaborating the team profile, skillset of the members and the plan for execution. This along with CVs of team members go to the ISB team who then prepares a list of shortlisted candidates. 
  • The shortlisted teams then interact with the client who takes the final call.
  • Students taking up the ELP have to agree to certain deadlines set by the client by stating them in a charter. 

ISB Alumni

ISB has a strong alumni network with 12500+ graduates from different parts of the world. The current students get a chance to interact with alumni in their field of interest who guide them in building their careers.

isb-alumni
Source: ISB alumni

ISB Notable Alumni

isb-notable-alumni

Here are a few notable alumni of ISB:

  1. Ankur Warikoo, Founder of nearbuy, former CEO of Groupon India
  2. Neeraj Arora, Former Chief Business Officer of WhatsApp
  3. Shvetha Jaishankar, Entrepreneur, author, and model
  4. Namrata Brar, News anchor and investigative journalist, former US Bureau Chief for NDTV
  5. Viren Rasquinha, CEO of Olympic Gold Quest, former Indian Hockey Team Captain
  6. Manik Gupta, Founder of CVKey, former Chief Product Officer for Uber
  7. Sujayath Ali, Founder of ShopUp
  8. Nipun Malhotra,Social Entrepreneur and Activist
  9. Sriram Venkataraman,CFO and COO of Flipkart
  10. Ravinder Singh, Author and Speaker

ISB Admissions events

ISB conducts various admission events and webinars throughout the year. You can clear all your doubts regarding the program and admission by attending these events. We will update this calendar regularly, so bookmark this page to know about upcoming events.

Information about the eventDateTime
Q & A with PGP Admissions Team8th Jan 20227 pm - 8:30 pm 

All you need to know about YLP Stage 1 Application 
9th Jan 202211 am- 1 pm
4 pm - 6 pm
YLP Parents and Students Info Session 16th Jan 2022  11 am - 1 pm
4 pm - 6 pm
PGP Diversity Series - Media/Journalism 15th Jan 20227 pm - 8:30 pm 
PGP Diversity Series - Law/Public Policy22nd Jan 20227 pm - 8:30 pm 
All you need to know about YLP Stage 1 Application2nd Feb 20227 pm - 8:30 pm 
YLP Info Session - Mumbai 6th Feb 2022  11 am - 1 pm
4 pm - 6 pm
YLP Info Session - New Delhi 6th Feb 202211 am - 1 pm
4 pm - 6 pm
ISB PGP Faculty Masterclass for YLP Aspirants - Hyderabad13th Feb 202211 am - 1 pm
4 pm - 6 pm
YLP Info Session - Bengaluru13th Feb 202211 am - 1 pm
4 pm - 6 pm
YLP Info Session - Pune 20th Feb 202211 am - 1 pm
4 pm - 6 pm
YLP Info Session - Chennai20th Feb 2022 11 am - 1 pm
4 pm - 6 pm

YLP Info Session - Kolkata 
27th Feb 202211 am - 1 pm
4 pm - 6 pm
ISB PGP Faculty Masterclass for YLP Aspirants - Mohali Campus27th Feb 202211 am - 1 pm
4 pm - 6 pm
Source: ISB admission events

FAQs

What is the duration of ISB PGP?

The Post Graduate Programme (PGP) at ISB is a one-year MBA program.

What is ELP?

ELP is a short-term project that falls under the purview of consulting. ISB tends to solicit these consulting projects from a number of different companies (domestic and international) and float it among teams of current students who may be interested in a particular sector or function.

Who is the Dean of ISB?

Professor Madan Pillutla took charge as Dean of ISB on 1st July 2021. He is the 6th Dean of the Indian School of Business.

What is the fees at ISB?

The full-time Post Graduate Program (PGP) costs approximately INR 33,14,620 (including GST, tuition fee, and admission fee) for shared accommodation and INR 34,26,720 (including GST, tuition fee, and admission fee) for studio accommodation.

What are the programs offered by ISB?

PGP, PGPpro, PGPmax, PGP MFAB are the Post Graduate Programs offered by ISB.

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