Indian School of Business

Infobox University


image_size = 161px|
name = Indian School Of Business
established = 2001
city = Hyderabad
state = Andhra Pradesh
country = India
type = Business School, Private
website = http://www.isb.edu
dean = M Rammohan Rao
faculty = 30 Permanent Faculty 100 plus Visiting Faculty
postgrad = 425 (2008)
address = Indian School of Business
Gachibowli Hyderabad-500 032
India

The Indian School of Business (ISB) located in Hyderabad, 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 2, 1999 [cite web|url=http://www.isb.edu/KnowISB/Datelines.Shtml|date=December 20, 1999|title=Foundation stone laying ceremony date] by a group of Fortune 500 entrepreneurs 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.

Indian School of Business's partners include Kellogg School of Management, Wharton Business School and London Business School . [cite web|url=http://www.isb.edu/KnowISB/associateschool.shtml|title=ISB associate schools list] The accelerated one-year post graduate programme course is ISB's speciality.

The Indian School of Business is listed as #20 among the top 100 global B-schools by the "Financial Times" annual MBA 2008 rankings.ISB is the first Indian B-School to find place in FT-Global B-School rankings and has made it to #20 in the very first year of its inclusion in FT Global Rankings. [(Source: http://www.ft.com)]

The institution

The Indian School of Business 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. [cite web|url=http://www.isb.edu/Campustour/index.html|title=Campus Tour] ISB Student community consists of four housing blocks, each accommodating up to 130 students at a time.

The institution enjoys a world-class faculty drawn from the top business schools. 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. [cite web|url=http://www.isb.edu/lrc/|title=ISB Learning Resource Centre]

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. [cite web|url=http://www.isb.edu/BushVisit/|date=March 3, 2006|title=President George W. Bush's visit to ISB] On December 5, 2006, Indian Prime Minister, Dr. Manmohan Singh visited the ISB campus. [cite web|url=http://www.isb.edu/PowerofFive/PM_Visits_the_ISB-Report.html|date=December 5, 2006|title=Dr. Manmohan Singh's visit to ISB]

One year post graduate programme in management

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 Thunderbird School of Global Management,London Business School, Kellogg School of Management, CKGSB China, Fuqua School of Business at Duke, [http://www.fletcher.tufts.edu 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 is 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 (BRE) 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. [cite web|url=http://www.isb.edu/Faculty/FacultyDir.aspx|title=Faculty Directory]

Rankings

In 2008, The Financial Times ranked ISB as #20 among the top global business schools of the world, making it the youngest institution to do so in the history of B-school rankings.

[http://rankings.ft.com/global-mba-rankings FT Global Business School Rankings]

Executive Board

*Rajat Gupta, Chairman, ISB
**Senior Partner Emeritus, McKinsey & Company, Inc
*Anil Ambani, Group Chairman and CEO, Reliance Anil Dhirubhai Ambani Group
*Rahul Bajaj, Chairman, Bajaj Auto Limited
*Purnendu Chatterjee, Chairman, The Chatterjee Group
*Keki Dadiseth, Chairman, Omnicom India
*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 Managing Director, Kotak Mahindra Bank Limited
*Anil Kumar,Director, McKinsey & Company, Inc.
*Harish Manwani, President, Asia & Africa, Unilever Plc
**Chairman, Hindustan Lever Limited
*Kiran Mazumdar–Shaw, Chairman and Managing Director, Biocon India Limited
*Lakshmi Mittal, President 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 and Area Head Bangladesh, Sri Lanka and Nepal, Citigroup
*Deepak Parekh, Chairman, HDFC
*Rajendra Pawar, Chairman, NIIT Limited
*N Prasad, Vice Chairman, Matrix Laboratories Ltd
*Ramalinga Raju, Founder and Chairman, Satyam Computer Services Limited
*Srini Raju, Managing Director and Co-Founder, Peepul Capital
*Girish Reddy, Founder, Prisma Capital Partners LP
*K Anji Reddy, Chairman, Dr Reddy's Laboratories Ltd
*Analjit Singh, Chairman, Max India Limited
*K P Singh, Chairman of the Board, DLF Limited
*Syam Prasad Reddy, Chairman and Managing Director, Indu Projects Ltd
*Pramath Raj Sinha, Founding Dean, Indian School Business
** Founder and Managing Director, 9.9 Mediaworx Pvt Ltd
*Mallika Srinivasan, Director, Tractor and Farm Equipment Limited

References

External links

* [http://www.isb.edu Official website]