October 26th, 2011
The Indian School of Business (ISB) today announced the first cohort of its Young Leaders Programme (YLP) comprising 45 talented undergraduate students who have been chosen through a rigorous 3-stage selection process spanning seven months. A first of its kind initiative in India, the YLP will offer these students an opportunity to fast track their careers by awarding them pre-admission to ISB’s one-year Post Graduate Programme in Management (PGP).
Making the announcement, Deepak Chandra, Deputy Dean, ISB said, “The Young Leaders Programme at the ISB has been designed with an objective to identify leadership potential at a young age and provide them a head start in their careers. Over the next two years, we will equip these 45 young leaders with the right skills and exposure through a structured learning and mentoring programme, that will allow them to realise their potential.â€
Group of Young achievers
The ISB has selected these 45 young achievers on the basis of their academic credentials, extracurricular credentials and demonstrated leadership potential. They come from leading institutions:
BITS – Pilani
BITS – Hyderabad
BITS – Goa
Indian Institute of Technology – Kharagpur
Indian Institute of Technology – Kanpur
Indian Institute of Technology – Delhi
Indian Institute of Technology – Bombay
Indian Institute of Technology – Madras
Indian Institute of Technology – Roorkee
Jadavpur University – Kolkata
Lomonosov Moscow State University – Moscow
Manipal Institute of Technology – Manipal
Nanyang Technological University – Singapore
National University of Singapore – Singapore
National Institute of Technology – Tiruchirappalli
National Institute of Technology – Surathkal
St Francis College for Women – Hyderabad
St Stephen’s College – New Delhi
H R College of Commerce & Economics – Mumbai
Shaheed Sukhdev College of Business Studies – New Delhi
Shri Ram College of Commerce – New Delhi
The YLP Advantage
Candidates selected into the YLP are required to complete one year and nine months of work experience before they join the ISB’s Post Graduate Programme. During the pre-PGP period, all students will be mentored by ISB faculty and senior management through a structured learning process. This will equip the students to develop their individual leadership skills, expose them to diverse career options, network and build relationships with like-minded YLP peers and ISB alumni. Further, they will also get multiple opportunities to interact with various ISB stakeholders, attend seminars, workshops at the ISB and interact with international students, business and academic leaders, from across the world. They will also have access to the rich learning resources available on campus. In short, they will get an insight into the ISB way of life.
They will be awarded a scholarship of Rs. 1 lakh each at the time of joining the Post Graduate Programme. This is in addition to the regular merit, need and corporate scholarships that all PGP students are eligible for.
Selection Process
The YLP is a ‘bridge’ programme for pre-final year college students interested in making an early move into leadership positions. Admissions are now open for the next round of YLP. To be considered for admission, an applicant must be in his/her pre-final year of graduation. The selection process has three stages:
Stage 1
All applicants are required to submit:
All academic details and achievements till date
Extra-curricular interests and achievements
One essay
A 90-second video
A one page résumé
Application fee of INR 1,000
Stage 2
Candidates shortlisted from Stage 1 will be required to submit:
GMAT score
Three essays
Two evaluations
Stage 3
A final short-list will be announced and all the short-listed candidates will be invited to the ISB campus for the final selection process which will include an interview
About the ISB:
The Indian School of Business (ISB) was established in 2001 with an aspiration to put India on the global map of management education. In less than a decade since its inception, the ISB has successfully pioneered several new trends in management education in India, and firmly established itself as a world class management institution. In 2008, the ISB became the youngest institution to be ranked among the Top 20, in the Global B-school Rankings by the Financial Times, London, and since then has been ranked consistently among the top B-schools globally. The ISB today has a strong pool of research-oriented resident faculty and invites high calibre international faculty from reputed B-schools to teach in its Post Graduate Programme in Management (PGP), Post Graduate Programme in Management for Senior Executives (PGPMAX), and Executive Education Programmes. In addition to teaching, the visiting faculty also participates in collaborative research with the resident faculty. The school has over 3000 PGP Alumni and 12000 Executive Education Alumni, making an impact on business and society across the world. The ISB is in the process of setting up its second campus in Mohali, Punjab, which will also have specialist Institutes for promoting research and education in areas critical to India’s development. The Mohali campus is slated to be operational from April 2012.
Information from Indian School of Business
Tags: ISB YLP
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October 26th, 2011
Hyderabad, October 11, 2011: The Indian School of Business (ISB) today announced the doubling of its scholarships from rupees 4 crores to rupees 8 crores for the incoming class of 2013. Through this increased outlay, one in every seven students studying at the school will receive scholarships of 25%-50% of the total tuition fee. The scholarships will be awarded on both merit and financial need basis to outstanding students, selected on the basis of exceptional academic and professional performance as well as personal qualities such as leadership, integrity, and community service.
Speaking on the increase in scholarships, Deepak Chandra, Deputy Dean, ISB, said, “We take great pride in the diversity of our students. The doubling of our scholarship outlay reaffirms our commitment of grooming future leaders by opening gateways to world-class management education. We are confident that our efforts will continue to reap results in terms of attracting the best talent as well as strengthening the brand ISB.â€
Entrepreneurial support with ‘Develop India’ Scholarship
In addition to the above mentioned scholarships, students who aspire to start their own ventures also get support through the ‘Develop India’ scholarship. These scholarships are offered to aspiring entrepreneurs whose ideas are being incubated under the Entrepreneurs Development Initiative (EDI) at the Wadhwani Centre for Entrepreneurship Development (WCED) of the ISB. The scholarships cover the students’ loan EMI amount up to a period of two years.
Other Corporate Scholarships
Apart from the ISB scholarships, several organizations such as Citi Foundation, Novartis, IBF, Talentia, La Caixa and Casa Asia provide a wide array of merit and need-based scholarships. The Novartis scholarship is specifically offered to encourage women students from small towns, while the Citi Foundation scholarship has been one of the longest running scholarships being awarded at the school.
Now in its tenth year, the ISB’s Post Graduate Programme in Management (PGP) is expanding to be delivered in two locations – Hyderabad and Mohali. The intake for the next class will be for a single programme, across the two campuses. The combined class size is expected to increase from 560 to 770. Following ISB’s unique portfolio faculty model, top visiting and resident faculty will impart cutting-edge management practices at both locations. The two campuses will operate as a unified entity, with the same commitment to world-class programme design and delivery, and by effecting a seamless integration through inter-campus exchanges and virtual connectivity. The Mohali campus will also house four institutes focusing on the areas of Public Policy, Healthcare, Manufacturing and Infrastructure Management. Admissions are now open for the Class of 2013.
About the Indian School of Business
The Indian School of Business (ISB) was established in 2001 with an aspiration to put India on the global map of management education. In less than a decade since its inception, the ISB has successfully pioneered several new trends in management education in India, and firmly established itself as a world class management institution. In 2008, the ISB became the youngest institution to be ranked among the Top 20, in the Global B-school Rankings by the Financial Times, London, and since then has been ranked consistently among the top B-schools globally. The ISB today has a strong pool of research-oriented resident faculty and invites high calibre international faculty from reputed B-schools to teach in its Post Graduate Programme in Management (PGP), Post Graduate Programme in Management for Senior Executives (PGPMAX), and Executive Education Programmes. In addition to teaching, the visiting faculty also participates in collaborative research with the resident faculty. The school has over 3500 PGP Alumni and 13000 Executive Education Alumni, making an impact on business and society across the world.
For further information, please contact:
Sriram Gopalakrishnan
Director – Marketing and Communications
Indian School of Business
Tel.: 0939 456 8030
E-mail: Sriram_gopalakrishnan@isb.edu
www.isb.edu
Information from Indian School of Business
Tags: ISB, ISB News
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September 27th, 2011
The Indian School of Business (ISB) recently launched its “3rd ISB iDiya Challenge,†a competition that aims to be a launch-pad for high-impact and self-sustaining social businesses in India. Initiated in 2009, iDiya is targeted exclusively at working professionals and focuses on business ideas that create a measurable social impact. The event this year was graced by Shaheen Mistri, Founder, Teach for India and Akanksha Foundation, and Gul Panag, former Miss India Universe and Founder, Social Outreach Accreditation Program, better known as SOAP.
Both speakers expressed their enthusiasm and belief in the potential of a competition such as ISB iDiya to bring to life strong social ideas and ventures. They also shared with the students their vision for the future of social entrepreneurship in the country and the opportunities and challenges that stand before our generation.
The launch event signals the commencement of applications from teams across the country. After several rounds of selection and interviews, ten teams will be invited to the ISB campus for an intensive week-long boot camp where industry experts, entrepreneurs and the School’s distinguished faculty will train and coach them for challenges they would face in realising and executing their ideas. The winners and runners-up will receive cash prizes worth Rs 3 lakhs. iDiya has also partnered with key venture capitalist funds to seed up to Rs 10 lakhs for a specific category of ideas.
Source: Indian School of Business
Tags: ISB News, News at ISB
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September 27th, 2011
The Indian School of Business (ISB) Super League, known as the ISL 2011, was launched recently at the ISB campus. This marks the start of a three-month sporting season on campus, which will culminate in November 2011. The Guest-of-Honour at the launch this year was Gayatri Reddy, Co-owner of the Deccan Chargers. The four franchises this year are the Hyderabad Nizams, Titans, Raging Bulls and Hurricanes. Accenture is the official sponsor of ISL 2011.
A roar of excitement filled the air as the proceedings of the much-awaited ISL started after a hectic month-long preparation. The event was ushered in with a fine rendition of a Carnatic-style welcome song. Following the music, the audience was entertained to a series of foot-tapping renditions of all-time sporting sensations including “Wavin’ Flagâ€, which had soared to popularity during the football World Cup in 2010. The Dance Club also had the audience charged with some of their energising performances.
Gayatri Reddy and Professor Ramabhadran Thirumalai of the ISB, addressed the participants and members of the community. Once the event was declared open, each of the four teams officially introduced themselves and launched their sporting campaign for the year.
The ISL, a unique concept amongst B-schools, was conceived by ISB’s Class of 2010. Fashioned along the lines of the Indian Premier League, the ISL is an entirely student-managed sporting event that will bring together the ISB community in a season of competitions across 10 sporting games including cricket, football, frisbee, basketball and water polo. Points across games are added up to decide on the winning franchise.
Each franchise builds its own team through player auction. Earlier this year, the four teams were auctioned to students who bid for the teams using real money. The players for each team were then “sold†in a live auction using virtual currency.
This year, the total bid value for the four teams came up to Rs 18.1 lakhs, up from Rs 6.30 lakhs in 2010. The winning team takes home 60% of the prize money accrued from the bids. The runners-up get 35% of the prize money while the remaining 5% goes towards organising the tournament.
For more information and to be a part of the action, please visit http://www.isb.edu/isl/
Source: Indian School of Business
Tags: News at ISB
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September 13th, 2011
The PGPMAX class of 2012 began their journey at the Indian School of Business (ISB) this month. Participants arrived on campus for a two-day orientation session. The orientation was designed to familiarise the participants to ISB resources and develop team bonding. Participants were involved in several activities through the session to enhance team bonding.
The Class of 2012 is highly experienced and represents a diverse professional background. This year, apart from India, the programme has participants from Japan, Spain, France and USA. The average work experience of this class is 17 years. Many students have come with several years of experience in consulting, banking, technology management and manufacturing. Others are from non–traditional background such as the armed forces, the bureaucracy, aviation and entrepreneurs involved in horticulture and temple architecture.
Highlights
The average age in this class is 41 years.
Female participants represent 15% of the class
21% of the class is fully sponsored by their organization.
The academic session commences in August. Participants will undergo a rigorous and challenging learning experience for the next 15 months.
The programme also includes an international immersion component involving classroom teaching, industry visits and interaction with managerial leaders, which will help build leadership abilities in the participants.
As part of the session, participants will spend two weeks in the U.S. and one week in Brazil, where they will attend classes at leading business schools, including Kellogg School of Management, The Wharton School and Fundação Dom Cabral.
A rich learning experience awaits everyone.
Tags: PGPMAX at ISB
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September 13th, 2011
The Indian School of Business (ISB) Super League, known as the ISL 2011, was launched recently at the ISB campus. This marks the start of a three-month sporting season on campus, which will culminate in November 2011. The Guest-of-Honour at the launch this year was Gayatri Reddy, Co-owner of the Deccan Chargers. The four franchises this year are the Hyderabad Nizams, Titans, Raging Bulls and Hurricanes. Accenture is the official sponsor of ISL 2011.
A roar of excitement filled the air as the proceedings of the much-awaited ISL started after a hectic month-long preparation. The event was ushered in with a fine rendition of a Carnatic-style welcome song. Following the music, the audience was entertained to a series of foot-tapping renditions of all-time sporting sensations including “Wavin’ Flagâ€, which had soared to popularity during the football World Cup in 2010. The Dance Club also had the audience charged with some of their energising performances.
Gayatri Reddy and Professor Ramabhadran Thirumalai of the ISB, addressed the participants and members of the community. Once the event was declared open, each of the four teams officially introduced themselves and launched their sporting campaign for the year.
The ISL, a unique concept amongst B-schools, was conceived by ISB’s Class of 2010. Fashioned along the lines of the Indian Premier League, the ISL is an entirely student-managed sporting event that will bring together the ISB community in a season of competitions across 10 sporting games including cricket, football, frisbee, basketball and water polo. Points across games are added up to decide on the winning franchise.
Each franchise builds its own team through player auction. Earlier this year, the four teams were auctioned to students who bid for the teams using real money. The players for each team were then “sold†in a live auction using virtual currency.
This year, the total bid value for the four teams came up to Rs 18.1 lakhs, up from Rs 6.30 lakhs in 2010. The winning team takes home 60% of the prize money accrued from the bids. The runners-up get 35% of the prize money while the remaining 5% goes towards organizing the tournament.
For more information and to be a part of the action, please visit http://www.isb.edu/isl/
Information from Indian School of Business
Tags: Events at ISB
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June 30th, 2011
Students, staff and faculty of the Indian School of Business (ISB), got together on Saturday, 4 June to run a triathlon consisting of a 5km run, a 15km cycling run and a 1km swim. The event was organised to raise awareness and money for Ashray Akruti, a charity catering to special children.
It began with an ardent wish by students to do something productive over the term break. A few discussions over Facebook, right in the midst of exams, led to an initial effort to organise the student body. Within a week, 60 participants signed-up to take part or volunteer in the event. The School supported the students through donations, participation from faculty and by providing any infrastructure needed.
The participants, who felt that it was a meaningful way for them to spend the term break, turned up as early at 6.30am to help with various things such as setting up the area and organising the participants. Despite the heat, many students came just to cheer and motivate their friends who were participating. This brought an atmosphere of camaraderie to the campus. It was heart-warming to see parents of students, who were visiting during the term break, also help out enthusiastically with time-keeping and in making sure that participants were adequately rehydrated during the events.
Most participants took part in single events but there were a handful, who tested their endurance by completing all three. Vivekananda Srivastava, a student, who took part in all three events confessed, “I competed because it was for a charity. I wouldn’t have done it if it was a race.â€
The students plan to hold such events on a six-monthly basis in order to raise awareness and funds for charity and most importantly, to promote a sense of social duty in the ISB community.
The triathlon ended off with resounding cheers for all the participants and volunteers, who despite their exhaustion, left with a great sense of pride and satisfaction.
Source: Indian School of Business
Tags: Events at ISB
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June 30th, 2011
The Indian School of Business (ISB) announced the start of the academic year for its Class of 2012. The Class comprises 573 achievers representing diverse academic and professional backgrounds.
Announcing the new class, Deepak Chandra, Deputy Dean, ISB said, “The Class of 2012 is an eclectic mix of achievers, in line with our belief that diversity enhances learning, and truly develops leadership potential. I am confident that the Class of 2012 too will carry forward the ISB’s tradition of excellence.â€
Welcoming the Class of 2012, V K Menon, Senior Director – Career Services, Admissions and Financial Aid said, “ISB is known for its diversity and this class brings in a wealth of knowledge and experience across various industries and functions. Armed with cutting-edge knowledge and best practices, I am sure that this class will contribute significantly to the global marketplace “
Profile of the Class of 2012
Diversity Continues
The ISB encourages professionals from every background to join its Post Graduate Programme. Students come in with prior experience in functions like Sales and Marketing, Finance, Project Management, Architecture, Operations, Consulting, Research, Advertising, Travel, Tourism, Hospitality, Technology, etc. There are also niche profiles from the Armed Forces, Practicing Doctors and Surgeons, Entrepreneurs, Civil Servants, Fashion Designers, Shipping Crew, Entrepreneurs, Lawyers and Journalists among others. All this leads to an extremely dynamic and challenging class environment that is highly conducive to learning. The average work experience of the class is five years, and the average age is 28 years. The average GMAT score at 712 is comparable to some of the top global B-schools.
Highest Percentage of Women
The ISB has 167 women students, comprising 29 % of the class. This is perhaps the highest percentage among leading B-schools in India. The ISB is committed to increasing the number of women students in the class making it on par with global standards. This is aligned with the ISB’s endeavour to increase the representation of women in business leadership. Over the years, women have performed exceptionally well in their careers, post their stint at the ISB.
Global Representation
This year, the class has students from countries such as Italy, Spain, Russia, Austria, Australia, Singapore, Thailand, Mauritius, Belgium, Nepal, Canada, United Kingdom and USA. The presence of students from such a broad spectrum of countries makes learning at the ISB a truly global experience. This cultural diversity enhances their learning about customs, management styles, and ways of doing business in their respective countries. About 25 % of the ISB students come with international work experience.
Class of Achievers
It is not just academic excellence and work experience that the ISB looks for. Many of the students who joined the class have demonstrated multi dimensional leadership abilities. They are strong achievers in their own sphere of work and also across areas that they choose to focus on. Among this talented group are –
• India’s first Audio Book Author
• A doctor, who is also a State Home Secretary
• A commander in the Indian Naval Force
• Film Directors, Playwrights and Poets
• Trained Dancers and Choreographers
• Certified Sky Divers and Scuba Divers
• Several Academic Rank Holders
Second Campus at Mohali
Now in its tenth year, the ISB’s flagship Post Graduate Programme in Management (PGP) is expanding to be delivered in two locations. The intake for the next class will be for a single programme, across the two campuses. With the addition of the Mohali facility, the class size is expected to increase from 560 to 770. Following ISB’s unique portfolio faculty model, top visiting and resident faculty will impart cutting-edge management insights and practices at both locations. The two campuses will operate as a unified entity, with the same commitment to world-class programme design and delivery, and by effecting a seamless integration through inter-campus exchanges and virtual connectivity. The Mohali campus will also house four institutes focusing on the areas of Public Policy, Healthcare, Manufacturing and Infrastructure Management. Admissions are now open for the Class of 2013. The growth story of ISB continues.
About the ISB
The Indian School of Business (ISB) was established in 2001 with an aspiration to put India on the global map of management education. In less than a decade since its inception, the ISB has successfully pioneered several new trends in management education in India, and firmly established itself as a world class management institution. In 2008, the ISB became the youngest institution to be ranked among the Top 20, in the Global B-school Rankings by the Financial Times, London, and since then has been ranked consistently among the top B-schools globally. The ISB today has a strong pool of research-oriented resident faculty and invites high calibre international faculty from reputed B-schools to teach in its Post Graduate Programme in Management (PGP), Post Graduate Programme in Management for Senior Executives (PGPMAX), and Executive Education Programmes. In addition to teaching, the visiting faculty also participates in collaborative research with the resident faculty. The school has over 3500 PGP Alumni and 12000 Executive Education Alumni, making an impact on business and society across the world. The ISB is in the process of setting up its second campus in Mohali, Punjab, which will also have specialist Institutes for promoting research and education in areas critical to India’s development. The Mohali campus is slated to be operational from April 2012.
Source: Indian School of Business
Tags: admissions, ISB News
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May 24th, 2011
For 24-year-old Dheeraj C Reddy, a comfortable job in Bangalore after his bachelor’s in engineering was not satisfying. Drawn to the idea of social entrepreneurship, he quit the job and spent a year working with a start-up, training rural youth for jobs in the BPO sector. He is back as a student these days, and seems to be in good company, having found mates with similar interests.
For Delhi girl Jagriti Kumar, who did her honours in mathematics from St Stephen’s College, dance is an inseparable part of her life. She has choreographed several college events and concerts, but has also worked as an analyst with consulting firm Hewitt Associates. Four weeks into her new course, she has formed a group with a shared interest in dance and is planning events.
The youngsters are a random sample from the new class of 2012 at the Indian School of Business, where the one-year postgraduate programme in management has just commenced. The 573-strong batch also includes members drawn from niche professions like healthcare, fashion, shipping, law, journalism, Armed Forces and civil service.
The class of 2012 is an “eclectic mix,†says ISB deputy dean Deepak Chandra. It is “in line with ISB’s belief that diversity enhances learning, and truly develops leadership potential.â€
Part of the reason for drawing in students with diverse interests is the B-school’s insistence on some work experience before admitting them.
Having worked in skill development, Dheeraj says, “We have an active group of 12 who are very interested in education. We have been sharing presentations about Class 12 education, middle school education etc. We are actually trying to come up with alternative business plan and exploring options for educationally backward areas.â€
The students are in the age group of 24 to 42, with an average work experience of five years. Among them is an IPS officer from Himachal Pradesh. Dr Atul Verma, who practised as a doctor for two years before joining the civil service, says the course is a mid-career training for the supervisory roles ahead in his career. He expresses a preference to work in health or financial regulation areas, after the course.
For Jagriti, dance is a long-term career option as much as a consulting role is her immediate goal. Asked about her choice between the two, she tells Business Standard, “I don’t have to make a choice. Even if I have to work 16 hours a day, I’d still find time for dance.â€
This year, the number of women students rose to 167, or 29 per cent of the class. Last year, it was 160 out of 569. The average GMAT score of the new batch is 712, which is comparable with leading global business schools.
Dheeraj says, “Once you have had some experience in the industry, there is no other school which caters to your level of understanding. The peer group here is amazing.â€
The group has an influence on his career choice, he says. The choice is between a consulting job with a public services firm or back to the education field.
Asked about the insights he gained during his rural stint, Dheeraj says: “Yes, they [rural people] don’t trust corporates much. Then there is lack of opportunity. The other thing I found missing was there is a lack of drive. Their aspiration is to get a job right next to home.â€
The drive is not missing among the students here, nor, it seems, with the management. The school’s second campus at Mohali would begin functioning from next year, with the total intake at 770. The two campuses would operate as a unified entity, with a common admission process.
Tags: Study at ISB
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May 18th, 2011
This is a life-changing step. If you have a family, spouse, or partner, you will need to take a look at the changes ahead together.
Talk with Your Family
Make sure everyone supports your decision to pursue a degree and understands how the family’s lifestyle will change:
You will be very busy, with little free time.
You are likely to have less money to spend.
You will need to complete homework assignments, so you may be unavailable to your family even when you are home.
Find a School-Sponsored Organization for Spouses or Family
Some schools offer these organizations, and they can be valuable in assisting students with housing and other issues—many members have been through the transition already, so they can help you get oriented. You will develop a new network of friends in school, but your family will need a network, too.
Help Your Spouse or Partner Find a Job
If you are relocating and your spouse plans to continue working, your school placement advisors can offer suggestions on local search firms, temporary agencies, and other resources. Consider an on-campus job—as most schools have active temporary employment offices.
Look Into the Cost of Living and Housing
If you are relocating to a new area, get information from school admissions staff on the local cost of living. They can also tell you the best places to look for housing. You may want to live near other married students or students with children.
Check out Housing
Few business schools offer on-campus room and board. If you plan to attend a school far from home, plan a trip to find a place to live. Your school’s admissions staff can recommend the best time to look for housing.
Tags: adapting new things
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