The Indian School of Business (ISB), with its primary campus in Hyderabad, is a prestigious private business school that has been a benchmark for management education in India since its inception. Founded in 1996 by a group of businessmen and academics, including Rajat Gupta and Anil Kumar from McKinsey & Company, ISB was established with the vision of equipping entrepreneurs and business professionals with specialized skills tailored to the modern business landscape. The foundation stone for the Hyderabad campus was laid in 1999, and it was inaugurated by Prime Minister Atal Bihari Vajpayee in 2001.
ISB is renowned for its one-year Post-Graduate Programme in Management (PGP), which has garnered international recognition. The school has been ranked highly in various global rankings, including being the first Indian business school to crack the top 20 in the Financial Times’ Global Top MBA rankings in 2008. As of 2022, ISB was ranked #1 in India, #5 in Asia, and #75 globally by The Economist.
The PGP program is highly competitive, with an annual enrollment of around 900 students. ISB also offers other programs such as the Young Leaders’ Programme (YLP) and the Management Programme in Public Policy (MPPP), catering to diverse educational needs.
ISB has an impressive track record. The school is known for its strong industry connections and has produced more entrepreneurs than any other business school in India. The placement process is highly successful, with top companies recruiting from the campus. The facilities at ISB’s Hyderabad campus are state-of-the-art, spread across 260 acres and including an academic centre, recreation centre, and four student villages. The campus is certified by the Indian Green Building Council, reflecting ISB’s commitment to sustainability. With its robust academic programs, excellent placements, and world-class facilities, ISB continues to be a preferred destination for aspiring business leaders.
Particulars | Statistics |
Establishment Year | 1996 |
Campus | Hyderabad, Telangana; Mohali, Punjab |
Recognized by | AACSB, AMBA, EQUIS (triple accreditation) |
Rankings (as of 2023) | Ranked #1 in India, #5 in Asia, #75 globally by The Economist |
Collaborations | Kellogg School of Management; The Wharton School; London Business School (LBS) and The Fletcher School of Law & Diplomacy- Located at Tufts University |
Indian School of Business, Hyderabad: MBA/PGDM Course and Fees 2024
The Indian School of Business (ISB) in Hyderabad offers several prestigious MBA/PGDM programs, each tailored to different professional needs. Here is a summary of the main MBA/PGDM courses, their durations, and average fees for the 2024 batch:
Course Details and Fees
Course | Duration | Average Fees (INR) |
Post Graduate Programme (PGP) | 12 months | ₹32,77,980 – ₹35,45,840
|
PGPpro | 18 months | ₹35,51,000
|
PGPMAX | 15 months | ₹41,78,000
|
PGP MFAB | 12 months | ₹42,13,000
|
Key Highlights
FAQs on Course and Fees 2024
1. What is the fees for MBA/PGDM in Indian School of Business Hyderabad?
The fees for the MBA/PGDM programs at ISB Hyderabad vary, with the Post Graduate Programme (PGP) costing between ₹32,77,980 for shared accommodation and ₹35,45,840 for studio accommodation. Other programs like PGPpro, PGPMAX, and PGP MFAB also have varying fees, but the PGP fees are the most commonly referenced.
2. What is the fee for MBA/PGDM at ISB 2024-2025?
For the 2024-2025 session, the fees for the PGP program at ISB Hyderabad are ₹32,77,980 for shared accommodation and ₹35,45,840 for studio accommodation. Other programs such as PGPpro and PGPMAX have fees that are similarly structured but may vary slightly.
3. What are the MBA/PGDM specializations provided at ISB Hyderabad?
ISB Hyderabad offers various specializations within its MBA/PGDM programs, including core courses in Finance, Strategy, Marketing, Operations, and IT Management. Additionally, industry specializations are available in areas such as Healthcare, Manufacturing, Public Policy, and Infrastructure.
Admission Process for Management Courses at ISB Hyderabad
The admission process for management courses at the Indian School of Business (ISB) Hyderabad is meticulous and multi-step, ensuring the selection of highly qualified and motivated candidates.
Important Admission Dates for 2024
Event | Round 1 | Round 2 | Round 3 |
Application Deadline | September 10, 2024 | December 10, 2024 | January 21, 2025 |
Interview Timelines | September – November 2024 | October 2024 – February 2025 | February 2025 – March 2025 |
Final Results | November 2024 | 3rd Week of February 2025 | March 2025 |
Acceptance Due Date | 15 days from the offer date | 10 days from the offer date | 5 days from the offer date |
Program Commencement for PGP 2025 | – | – | April 20, 2025 |
FAQs on Admission Process and Important Dates 2024
1. What is the admission process for ISB Hyderabad?
The admission process at ISB Hyderabad involves several steps. First, candidates must apply online for the desired course through the ISB Hyderabad website, submitting required documents such as a colored photograph, passport copy, and qualification mark sheets. Candidates must also have a valid score in GMAT or GRE exams, and shortlisted candidates will be called for a Personal Interview (PI) as part of the selection process. The final merit list is prepared based on the GMAT/GRE scores, performance in the PI, academic scores, work experience, and other personal attributes.
2. How can I get a seat in Indian School of Business Hyderabad?
To secure a seat at ISB Hyderabad, you need to follow a multi-step process. First, you must register and apply online for the course, ensuring you meet the eligibility criteria such as having a bachelor’s degree and relevant work experience. You must also have a valid GMAT or GRE score, and if shortlisted, you will be called for a Personal Interview. After a successful interview, you will be offered admission, and you must pay the admission fee to confirm your seat.
3. What is the cut off for ISB 2024?
ISB Hyderabad does not have a specific cut-off score for GMAT or GRE exams. Instead, the selection process is holistic, considering multiple factors including the GMAT/GRE scores, academic credentials, leadership potential, and personal attributes. While there is no minimum cut-off, a GMAT score of 710 or higher significantly increases the chances of receiving an interview call and final admission.
4. Can I get direct admission at ISB Hyderabad MBA/PGDM?
No, ISB Hyderabad does not offer direct admission to its MBA/PGDM programs. The admission process is entirely entrance-based, requiring candidates to qualify in GMAT or GRE exams and undergo a Personal Interview (PI) round. All candidates must go through this selection process to be considered for admission, and there are no exceptions for direct admission.
The 2023 placements for the MBA/PGDM courses at the Indian School of Business (ISB) in Hyderabad were highly successful. A total of 222 recruiters extended 1,609 job offers to the 2023 PGP class, with 31 of these being international offers. The average salary package for the mid-80% of the class stood at INR 33.26 lakhs per annum, although the overall average was reported as INR 34.21 lakhs per annum in some sources. The top industries that made the most offers were consulting, IT/ITES/Technology, BFSI, and FMCG/retail. In terms of job functions, consulting, product management, sales and marketing, and general management/leadership programs were the most sought-after. Notably, 40% of the total job offers were made to women students, reflecting a strong gender balance. The placement drive also saw the participation of 30 first-time recruiters, and prominent companies such as Aditya Birla Group, Hindustan Unilever Limited, and Tech Mahindra Limited were among the recruiters.
FAQs in Placements 2023
1. What is the average package of ISB Hyderabad PGDM?
The average salary package for the PGDM program at ISB Hyderabad for the 2023 placements was approximately INR 34.21 lakhs per annum. For the mid-80% of the class, the average package stood at INR 33.26 lakhs per annum.
2. What is the package of Hyderabad Business School MBA?
The average salary package for the MBA program at ISB Hyderabad in 2023 was around INR 34.21 lakhs per annum. The median package for the mid-80% of the students was INR 32 lakhs per annum.
3. What is the placement of ISB College MBA?
The placement for ISB Hyderabad’s MBA program in 2023 saw 99.4% of the students securing jobs, with 1,609 job offers made by 324 companies. The placement drive included 31 international offers and participation from over 30 first-time recruiters.
4. Does ISB have 100% placement?
ISB Hyderabad achieved a placement rate of 99.4% for its MBA program in 2023, which is very close to 100% but not exactly 100%. This indicates that almost all students were placed, with only a small fraction remaining unplaced.
5. What were the top companies that participated in ISB Hyderabad placements 2023?
The top companies that participated in ISB Hyderabad’s 2023 placements included prominent names such as Aditya Birla Group, Hindustan Unilever Limited, and Tech Mahindra Limited. These companies, along with many others, contributed to the robust placement statistics for the year.