ISB is inviting applications for admission to its Post Graduate Program in Management (PGP) for the academic session 2023-25. Interested candidates can apply for online till January 29, 2023.
ISB is inviting applications for admission to its Post Graduate Program in Management (PGP) for the academic session 2023-25. Interested candidates can apply for online till January 29, 2023.
Established in 2001, ISB is known for its flagship PGP program and is ranked #32 in the world and #1 in India in FT Rankings. ISB operates through two campuses Hyderabad (600+ students) and Mohali (300+ students). The allotment of location is based on luck of draws. The admission and placement process is the same throughout the school.
Vision: To be an internationally top-ranked, research-driven, independent management institution that grooms future leaders for India and the world.
The ISB is committed to creating leaders through its innovative programmes, outstanding faculty and thought leadership. It provides a plethora of programs for students, professionals and executives. Some of the programs include Flagship PGP program, PGPpro, PGPMax, PGPMFAB and other advanced management programs.
For it’s MBA equivalent PGP program, the 80% average package stood at INR 33.25 LPA and the 80% median package at INR 32 LPA during the 2023 placement drive.
ISB is a not-for-profit organization, funded entirely by private corporations, foundations and individuals from around the world. ISB is the only school in India to receive triple crown accreditation from the Association of MBAs (AMBA), EFMD Quality Improvement System (EQUIS), and the Association to Advance Collegiate Schools of Business (AACSB).
With Wharton and Kellogg as founding associate schools, ISB subsequently partnered with London Business School & MIT Sloan School of Management to strengthen its curriculum.
With Wharton and Kellogg as founding associate schools, ISB subsequently partnered with London Business School & MIT Sloan School of Management to strengthen its curriculum.
Table of Content
Check Is an MBA from ISB worth the money invested?
School |
FT Rank |
QS Rank |
Economist rank |
ISB |
32 |
92 |
75 (Global) |
IIM-A |
62 |
46 |
99 (Global) |
IIM-B |
53 |
50 |
- |
IIM-C |
67 |
76 |
- |
Check Out ISB Rankings
Essay topics for Class of 2023 were:
ISB has no cut off criterion. You can get admission through GMAT/GRE score which could strengthen your overall profile. A candidate with a strong background and average GMAT score has a similar chance of getting in as an average candidate with stellar GMAT scores.
The average GMAT score for ISB Hyderabad and ISB Mohali is expected to be 709, GRE score is 323 (Please note that this is the average GMAT score for ISB and not the minimum score required to secure admission in ISB).
Check ISB Cutoff
Streams | Courses | Eligibility | Fees (INR) |
Post graduate programs |
PGP |
Candidates must have pursued a Bachelors or equivalent degree and 2-year of work experience Acceptance Rate: 15% (Batch size: 929, Number of applications: 6000) Duration: 1-year Selection Criteria: Valid GMAT and GRE score |
36.29 Lakhs |
PGPPro |
Candidates must have pursued a Bachelors or equivalent degree/experience of full-time work experience for a minimum of 5 years Duration: 18-months Selection Criteria: Valid GMAT/ GRE score |
30.46 Lakhs | |
PGPMax |
Candidates must have a Bachelor’s or equivalent degree/ a minimum of 10 years of work experience is mandatory. Duration: 15-months Selection Criteria: GMAT/ GRE/SHL Scores |
39.63 Lakhs | |
PGPMFAB |
Candidates must have a Bachelor's or equivalent degree/ a minimum of 2-3 years of work experience Duration: 15-months Selection Criteria: BAT score, Work Experience and Interview |
41.98 Lakhs | |
Advanced management programs | Advanced Management Programme in Business Analytics |
Bachelors/masters degree in mathematics, science, engineering, technology, statistics/ At least 2 years of full-time work experience. Duration: 15-months Selection Criteria: Valid GRE/ GMAT score |
10.9 Lakhs |
Advanced Management Programme for Healthcare (AMPH) | 13.4 Lakhs | ||
Advanced Management Programme for Infrastructure (AMPI) | 10.2 Lakhs | ||
Advanced Management Programme in Operations and Supply Chain (AMPOS) |
10.9 Lakhs | ||
Online Programs | Global Management Programme for Infrastructure (GMPI) | - | 10.5 Lakhs |
Global Management Programme in Operations and Supply Chain (GMPOS) | - | 10.5 Lakhs | |
Doctorate studies |
Fellow Programme in Management |
4-year UG or 3-year UG and PG degree in the area of business, economics, engineering, computer sciences, mathematics, physics or the arts. Duration: 4-years Selection Criteria: Valid GRE/ GMAT/ CAT/ JRF/ TOEFL/ IELTS score |
- |
Executive Fellow Programme in Management |
Bachelor’s degree or an MBA or Business focuses Master’s degree (not mandatory) and a minimum 8-years of professional work experience. Duration: 3-years Selection Criteria: Based on Candidate’s Profile |
47 Lakhs |
School |
Fees |
Average Placement |
Batch size |
Known for |
---|---|---|---|---|
ISB |
INR 39.63 Lakhs |
INR 33.25 LPA (80% average CTC) |
873 |
Consulting/ Product |
INR 25 Lakhs |
INR 34.36 LPA |
450 |
Finance/ Consulting |
|
INR 26 Lakhs |
INR 35.92 LPA |
535 |
Product/Tech |
|
INR 31 Lakhs |
INR 35.07 LPA |
473 |
Finance |
|
INR 28.6 Lakhs |
INR 29.89 LPA |
600 |
Human Resource |
|
INR 2 Lakhs |
INR 34.1 LPA |
289 |
Marketing |
The batch profile of class of 2024 is shown in the table below:
ISB has recently completed the 2023 placement drive for its PGPM batch. The 80% average salary has increased from the previous year. 324 recruiters visited the campus. Recruiters came from sectors like Consulting, IT / ITES / Technology, BFSI, FMCG / Retail, Pharma / Healthcare.
The placement highlights of ISB are tabulated below:
Particulars | Placements Statistics 2023 |
---|---|
Number of Recruiters | 324 |
Number of Placement Offers | 1609 |
Batch Size | 845 |
Mid 80% Average salary | INR 33.25 LPA |
Mid 80% Median salary | INR 32 LPA |
Top recruiters | Deloitte, Disney - Star, Bain & Company, Honeywell, etc. |
Check ISB Hyderabad Placement
Key Facts:
Do marks matter?
Only if you're planning to get into top consulting firms, otherwise the companies don't ask for CGPA as such
What type of companies come to hire at ISB?
Background |
Companies |
Consulting |
Accenture, Alvarez and Marsal, AT Kearney, Bain and Company, Boston Consulting Group, Dalberg, Deloitte India, McKenzie and company |
IT/ITES, E-commerce and Technology |
Amazon, Blackbuck, Byju’s, Electronic Arts, Flipkart, Google, InMobi, Media.Net Software Services, Mfine, Microsoft, Myntra, Ola, Paysafe, PhonePe, RazorPay,ThoughtWorks, Udaan, Uber, VMWare and Zomato |
BFSI |
Axis Bank, Citibank, Credit Suisse, Estee Advisors, ICICI Bank, Matrix Partners and Yes Bank |
Investment banking and Private Equity |
American Express, Barclays, Bexley Advisors, Kingfish Private Equity, National Investment and Infrastructure Fund (GOI), RBS, Waterfield Advisors and Wells Fargo |
FMCG |
B InBev, Coca-Cola, Colgate Palmolive, Godrej, HUL, L’Oreal, Nestle, Procter and Gamble and Samsung |
Leadership roles (India) |
Aditya Birla Group, Adani, CK Birla Group, Essar, Hinduja, Piramal, Reliance Industries, RPG and Shapoorji Pallonji |
Leadership roles (International) |
Apple (South Asia), Deloitte Middle East, EY Parthenon and Landmark Group |
The candidate has to apply for a scholarship after he gets the offer letter. For this, a separate Statement of Purpose has to be submitted, clearly stating why you would need a scholarship. In some cases, you may also need to submit supporting documents.
There would be ~900 individuals fighting for this - the competition is as usual high. But if your profile is sound and matching the requirements of the individual scholarships then you would get in without much struggle. Usually at most 30-40 people get any kind of useful scholarship.
However, Dean Madan has emphasized on making scholarships more prominent- and has started an alum fund- wherein the current class could contribute some amount to fund the education of upcoming batches.
ISB MBA Applicants for tuition waivers must submit proof of income for self, parents & spouse (if applicable) is mandatory to be eligible.
An MBA applicant is allowed to apply for more than one tuition waiver, at the same time only one tuition waiver shall be awarded to an applicant.
Submission of a testimonial is mandatory for all students who are "awarded" a tuition waiver.
Options for Scholarships for ISB Hyderabad MBA:
Eligibility:
Chec Out ISB Hyderabad Scholarship Reviews
Particulars |
ISB Hyderabad |
ISB Mohali |
Batch Size |
600 |
300 |
Established Year |
2001 |
2012 |
Campus Area |
260 acre |
70 acre |
Culture |
Generally considered more competitive given the larger class size |
Generally more “close-knit” with everyone knowing everyone else by the end of term 2. |
Do Better students go to the Hyderabad campus?: ISB maintains a similar class profile and has a common admissions process for both campuses. The school follows an algorithm which helps them allocate students to the Hyderabad and Mohali campuses from the pool of admitted students. For instance, from every 9 students (based on rank / performance in the admissions process), 6 are allocated Hyderabad and 3 are allocated Mohali.
Do Hyderabad students get better placements?: While the school does not publish campus level statistics,there have been instances when placements at ISB Mohali were slightly better. In one of the recent placement seasons, one of the top consulting firms ended up selecting more students from the Mohali campus than the Hyderabad campus (unknowingly, as you are not allowed to disclose your campus during placements) .
Faculty at ISB Hyderabad is bette than ISB Mohalir? While most visiting faculty members from foreign schools visit both the campuses, some only visit the Mohali campus as the same course is taken by a resident faculty member at the Hyderabad campus. While both resident and visiting faculty at ISB is amongst the best in the world, the foreign faculty also brings their global research and consulting experience to the class at Mohali.
What alums have to say:
How does alumni network helps?
ISB provides access to alumni portal wherein you could see profiles for every alum. In case you would require any help, you can directly reach out to alums. Also, the portal gives access to the email, wherein alums post any vacancies for ISB grads, since they prefer to take people from alma matter.
How do students remain connected with alums?
ISB hosts multiple events throughout the year, wherein current class invite alums for fest celebrations. Also, the community has city wise chapters and organise meetups on weekly basis.
Other Prominent Alumni include:
Teaching experience at ISB is best in class when compared to other Indian Top B-schools because of the great mix of Resident/Inhouse and International visiting professors- coming from Top Universities from around the world- including Wharton, Kellog, Yale, Stern and Harvard.
Some of the prominent faculty includes:
Name |
Photo |
Achievements |
Ashish Kohli |
At ISB, he teaches financial modeling. He is a seasoned investment banker with previous teaching experience at prestigious universities, including Columbia, the London School of Economics, and New York University. |
|
Professor Prashant Kale |
He has worked with the CEOs of numerous Fortune 500 firms. He is known for no-nonsense demeanor in the classroom and often engages students by encouraging them to “take a stand”. |
|
Achal Bassamboo |
He is an adjunct professor of decision making and optimization at ISB and teaches operations management at Kellogg. When it comes to teaching, he approaches it with the passion of a child and is unrelentingly persistent until everyone understands the concepts. This one time, he was able to lecture for longer than four hours before students literally had to inform him the session needed to finish. No question is too dumb for him to answer. He is an incredibly like-able individual with incredible knowledge. |
|
Sarang Deo |
He is an absolute rockstar in the field of statistics. He has received the Best Prof award six years running and is a resident professor. His teaching abilities are simply flawless for someone learning statistics for the first time. Along with managing government healthcare programmes, he also accomplishes some other extremely remarkable things. |
Check Does ISB accept CAT score?
There are 3 hostels in ISB Mohali and 4 hostels at ISB hyderabad comprised of both- Quads and studios. A Quad is a 4BHK equivalent shared by 4 students and a studio is a 1 BHK equivalent taken by a student with family. You can hire a maid to do the cooking for you and also get your clothes washed, dried and ironed without troubling your muscles much, all this for a nominal fee. Then there is this 24hr room service, which you can avail if something needs to be taken care of in your quad/studio. Each SV also has a common room (hosting a party or a celebration), a laundry room, a printing room and a TT room.
The rooms are equipped with:
Costing: Studios: 2.2 LPA, Quads: 1.5 LPA (Included in the fees)
Students can opt to stay either in a ‘Quad’ wherein 4 students share a flat but have their individual bedrooms, or in a ‘Studio’, for a marginally higher fee, which is a 1 BHK apartment, often chosen by students who may have their husband/wife living on campus during the program
What makes living at ISB a truly unique experience is its housekeeping service. ISB has outsourced this service to Sarovar, which professionally runs chains of Hotels pan India. Housekeeping staff clean all apartments every day and change bedsheets on request, thereby helping you to channel all your time and energy towards your personal and professional development. Imagine coming back all exhausted after back to back lectures and finding your bed made up like that at a star hotel! While this is something students miss the most once they are back into the world outside, the one year at ISB does get one the taste of living the “CEO life”
Check out Academic Calendar for the year 2022-23 – Click Here
Events:
Sports: You can pursue any sport that you want at ISB. The instructors are provided for TT, Squash, Lawn tennis, Swimming and Gym. Other sports also include Basketball, Frisbee, Volleyball, cricket and badminton. Yearly, ISB organizes ISL (ISB sports league) wherein students own the franchise and buy players for the team. This is one of the best experiences that doesn't happen in other B-schools.
Other Facilities:
ISB Hyderabad Expenses:
This would actually vary from person to person. However, some fixed expenses could include
Food: 12K, Electricity: 3K, Bills for Laundry, Dish-Washing- 1K, MISC: 3K
Cons of the college:
Ques. Is 730 a decent GMAT score for getting shortlisted at ISB Mohali?
Ans. At IBS Mohali, in past years, candidates were enrolled with scores as low as 580, and as high as 780. So the GMAT score range for ISB Hyderabad was 580-780.
Ques. Which deadline is appropriate to apply at ISB Mohali- Cycle 1 or Cycle 2?
Ans. ISB Hyderabad encourages students to apply as early as it helps them to plan work & relocation arrangements. However, applying in either cycle doesn't have any material impact on their chances of enrollment.
Ques. When does ISB offer a student exchange programme to its MBA students?
Ans. Yes, Students may opt for an international exchange programme depending upon the mutual schedules of ISB and their partner school. This period can range from 1 to 2 ISB elective terms, generally terms 7 and 8. However, some participants do prefer to go for international exchange module at ISB Hyderabad in terms 5 and 6.
Ques. Are all students required to live on campus at ISB Mohali?
Ans. Considering the rigor of the course and ISB Mohali’s endeavor to build a highly interactive campus community, the institute offers a fully residential programme for all students. As such, all students are required to stay on its campus itself
Ques. If I submit both GMAT or GRE scores, which one will be considered by ISB Mohali?
Ans. ISB accepts scores of both the management entrance exams. Candidates having secured good ranks in both the exams can submit both scores. The higher or better score would be recognized, given it is within the validity period of 5 years.
Ques. Do ISB Mohali students have a choice between different courses?
Ans. At ISB, core courses persist the same. Every student has to take the core courses. Students have a choice of selecting a specialization area between Finance and Marketing. Once the specialization is chosen, students have to take all the courses in this specialization.
Ques. Will ISB Mohali apply for the visa for an international internship?
Ans. No. It is the student’s responsibility to apply for a visa for internship purposes. The college neither provides travel and hotel expenses, ISB will only provide the formal invitation letter from the partner in that country.
Ques. How many applicants are admitted to ISB Mohali FPM each year?
Ans. The College admits approximately 2 to 3 candidates for each research area of specialization in each year. It is difficult to predict the candidate’s chances of admission as competition for the seat varies year to year. ISB accepts a variety of aspirants from different educational and professional backgrounds.
Ques. If I withdraw from ISB Mohali, can my tuition fee be refunded?
Ans. The tuition fee gets refunded if the candidate withdraws his admission within a period of time. It depends on the timing of his decision. The refund is governed by ISB refund policy prevailing at that time. The candidate is suggested to check the refund policy section for details, given on the official website of the college.
Ques. Does ISB Mohali offer hostel facilities to its students?
Ques. Does ISB Mohali offer scholarships to its students?
Ques. What is the application fee for the FPM program offered by ISB Mohali?
Ques. What is the average package of ISB Mohali?
Ques. How is life at ISB Mohali?
Ques. How are the placements at ISB Mohali?
Ques. Is there any financial assistance provided at ISB Mohali?
Ques. How is the faculty at ISB Mohali?
Ques. Can we do FPM course at ISB Mohali from distance learning ?
Ques. How is the selection process at ISB Mohali?
Professor, Department of Finance
Assistant Professor, Department of Economics
Assistant Professor, Department of Finance
Assistant Professor, Department of Marketing
Assistant Professor, Department of Strategy
Professor, Department of Accounting
Associate Professor, Department of Operation Management
Professor, Department of Entrepreneurship
One of my friends is from the ISB Mohali campus. She is currently on an exchange term at Hyderabad. As I have visited both the campuses personally so have a decent understanding of the pros and cons for both.
Advantages at Hyderabad campus
Advantages at Mohali campus
Compared to Hyderabad, the catering in Mohali is also much better, but this may be a temporary phenomenon.
Obtaining subjects of your preference. During the elective terms, ISB follows an online bidding system for courses. Given the size of the Hyderabad campus, there are limited bid points so students wishing to take all the popular courses is not possible. There is no issue like this in Mohali campus.
Placements: The school tries its hardest to balance both the campuses equally, so no trend in placements is observed. The campus placements for the Mohali students this year was better compared to Hyderabad, but Hyderabad has done better in the past.
Categories |
ISB Mohali |
ISB Hyderabad |
Course Fee |
30 lakhs |
31 lakhs |
Placement Percentage |
100% |
85% |
Highest CTC |
25 LPA |
24 LPA |
Average CTC |
20 LPA |
15-20 LPA |
Recruiting Companies |
Google, Microsoft, Wipro, Infosys |
TCS, ABP, Network 18, Kearney Limited |
GPA per batch is calculated by the school. Therefore, for scoring a high GPA or scoring honours, there is no definitive edge to staying at either campus.
My cousin belonged to the Mohali campus of ISB and during her exchange term, she observed and compared the pros and cons of both campuses. I have listed the major pros of both colleges.
ISB Hyderabad
ISB Mohali
ISB maintains a strict balance between both campuses and the placement statistics are a testament to that as no major differences can be observed.
Overall my cousin never regretted choosing Mohali over Hyderabad and recommends the same to everyone.
ISB Hyderabad's selection criteria lay great emphasis on Work Experience. The candidates are preferred and differentiated based on this aspect a lot here. To overcome this problem, ISB Hyderabad has come up with an Early Entry Option wherein candidates with little or no work experience can freely be evaluated on the basis of their academic performance, leadership potential, and personality attributes. Some highlights of the selection process of an Early Entry candidate are
The best thing an Early Entry applicant can do to increase his/her chances of admission is to get involved in extracurricular activities or get additional certificates and prepare best for the interview
My brother has had an experience with both campuses and claims that both colleges are unique in their own aspects. Some major differences between the two campuses are
Rather than choosing the campus, make the best out of whatever is available to you.
When applying to ISB, you will not have the option to choose between the campuses in Hyderabad or Mohali. Instead, you will have the opportunity to indicate your campus preference during the application process, but it should be noted that ISB may or may not take this into consideration. This is done in order to maintain equality between the two campuses so that neither campus students feel like they are at a disadvantage.
While in rare cases, ISB may take your specific location preference into consideration, it is highly unlikely. It should be noted that even in cases where requests for campus change have been made for reasons such as family or health, ISB has denied such requests. This is a reflection of the diverse student body that ISB attracts.
Firstly it's not up to you to choose Hyderabad or Mohali. You can just apply to ISB and the campus is allotted on the basis of a strange algorithm.
Now coming back to the question of your chances of getting into ISB, it seems I know nothing about your profile. I will state some general points regarding ISB Hyderabad admissions
More than work experience, the quality of your work and achievements matter more. While writing the essays mention the unique qualities and roles you have fulfilled in life.
ISB Hyderabad and ISB Mohali are two different campuses of the same school. ISB Hyderabad is one of the top private business schools in India and it is the main campus. The other campus is in Mohali. The college was ranked 10 in 2020 by the composite rank for MBA. Even though they are two different schools, they have the same unified admission process.
There is a very minute difference between both schools. ISB Mohali has small batches; the teachers of ISB Mohali are from US B schools while in ISB Hyderabad there are in-house teachers. ISB Hyderabad is more renowned as compared to the Mohali campus.
Placements:
In terms of placements, both the colleges have the same placements, same admission processes, and same courses.
Infrastructure:
In terms of infrastructure, ISB Mohali has a comparatively new campus but in comparison to ISB Hyderabad, the new campus is smaller and has fewer facilities than the one in Hyderabad.
Therefore, the above mentioned are the differences between the two schools.
It’s hard to draw a differentiating line between the two campuses.
Peer Group:
The admission committee selects the incoming class and distributes it across the two campuses. So, you will get a similar peer group at both campuses.
Placements:
ISB Hyderabad and ISB Mohali conduct placements as a single school. Fore placements, students of one campus fly down to another. Students also don’t mention their campus on their CV. ISB Mohali placements 2022 had an average CTC of INR 34.07 LPA.
Education:
The quality of education and pedagogy are the same for both campuses. The faculties shuffle between the campuses and there are guest faculties from reputed B-Schools like MIT, Kellogg, LBS, etc.
At ISB Mohali, you will get almost the same academic experience as ISB Hyderabad.