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The Post Graduate Programme in Management 2012-2013
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You are at an inflection point in your career. Yourdecision to pursue a programme in Management isan important one, and demonstrates your desire totransform yourself. Quite apart from the obviousimpetus in terms of career progression and success,this is the first step in your evolution into a businessleader.
ISB alumni over the years have often remarked thattheir year at the school was truly such a
transformational one. That is because our LearningGoals for the PGP focus on Critical and IntegrativeThinking, Working in Teams, Ethical Responsibility,Global Awareness, and Effective Communication.Through an intense year of academic, non-academic and experiential interventions, we attemptto effect a lasting impact on our students’ thoughtand action.
Over a typical year, the school attracts leaders andexperts across a wide range of disciplines –industry, government, academia, social sector,
sports and art. They, together with the ISB’s ownfaculty, alumni and the student body, make theschool an intellectually charged environment. Asyou actively learn, do things differently, and reflectin this melting pot of ideas, you will feel theboundaries of your own thinking expand. Along theway, you will also be challenged by your fellowstudents, who come from all over India and aroundthe world, to do your best. The ISB is a great placeto examine your beliefs while strengthening yourcore values, to learn to have faith in your abilities,to find the courage to take risks, and more
importantly, to make a difference to society alongthe way.
I thank you for your interest in our programme, andwish you all the best.
Ajit RangnekarDean
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ISB opened my eyes to a wholenew way of thinking aboutbusiness, beyond my industry and functional specialisation.
What a combination: some of the best teachers I have seen,
world-class academicinfrastructure and a batch of 340+ bright minds that madelearning so much more fun.Truly worth every minute of theyear I spent at ISB!
Shankar Prasad,Class of 2006
Starting from ground zero, thestrong foundation in finance,through an amazing curriculumand faculty, provided theimpetus for a career shift toinvestment banking. But mostimportantly, ISB helped medevelop a perspective of goodand responsible business.
Varun LalClass of 2005
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Don’t go under. Ride the winds of
change. Face every challenge with a
flexibility that allows you to springback. Do not get timed out by
advanced global practices. Do not get
derailed by new emerging
technologies. Refuse to buckle under the challenge of a new system. Turnyour back to the twilight…and face the
dawn of a brand new day. Becausedestiny belongs to the few who reinvent
themselves and weather the storm. Thehuman spirit must triumph.
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ISB’s growth in one eventfuldecade is remarkable to say theleast. Now, with more and more
aspirants who prefer to go withour global outlook, the time isright to widen our reach.
A new campus is fast emergingin Mohali. Spread across 70acres, it will be equipped withstate-of-the-art learningfacilities, an environment whichpromotes diverse thinking and ahost of recreational facilities.
The master plan of the campus
and the buildings blendtraditional Indian design withcontemporary campus standardsand meets LEED Goldsustainability criteria.
With this, ISB’s intake of studentswill go up to 770 (560 inHyderabad and 210 in Mohali)for the class of 2013. Thefacilities at the new campus willbe on par with Hyderabad and
will reflect similar values ofquality and excellence. A selectfaculty pool will teach acrossboth campuses.
Apart from the core courses, theconcentration areas forspecialisation at Mohali willinclude marketing, finance,strategy & leadership,healthcare and manufacturing.
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ISB’s formal affiliations with The Wharton School,the Kellogg School of Management, the LondonBusiness School, theFletcher School and MITSloan ManagementSchool ensure that you will learn the latest inmanagement theory and
practice. Our ownresearch on ‘emergingmarkets’ will go a long way in making classroomdiscussions vibrant andfocused.
ISB’s unique model has itsfaculty drawn from thebest B-Schools in the
world. In tandem with our full time faculty andbusiness leaders, this isthe ideal mix to makelecture sessions truelearning experiencesrather than tutorialmonotony. The brillianceand diversity that such afaculty brings is enriching.
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The Post Graduate Programme in Management 2012 -2013
Do the difficult things while they are easy and do the great things while they are small.
A journey of a thousand miles must begin with a single step.
Lao Tzu
there would be a campusexchange programme duringTerm 3 and 4. Through atransparent process, studentswould be encouraged to spenda maximum of two terms in theother campus on a 1:1 basis.Students will also have an optionto move between campusesduring elective terms based onthe specialisations they opt for.
The one year programme startswith orientation and pre-termcourses and the rest of theacademic year is divided intoeight terms of six weeks each.The first four terms cover the corecourses which lay the foundationfor the advanced elective coursesthat come later. A wide array ofover eighty electives is on offer.There are eight concentrationareas in this programme –
Marketing, Analytical Finance,Strategy & Leadership,Entrepreneurship, Operations,Information Technology Management, Healthcare andManufacturing.
The elective course offerings willbe as follows:
HYDERABAD:Marketing, Finance, Strategy &
Leadership, Operations,Information Technology andEntrepreneurship.
MOHALI:Marketing, Finance, Strategy &Leadership, Healthcare andManufacturing.
INTER-CAMPUS EXCHANGEIn order to encourage cross-learning and increasenetworking across the campuses,
GET FUTURE READY
ISB’s Post GraduateProgramme in Management isunique in that it provides theequivalent of a typical two year MBA programme in just oneyear. It is designed to bechallenging, comprehensiveand global in scope. In 2008,ISB became the youngestinstitution to be ranked amongthe Top 20, in the GlobalB-School Rankings by the
Financial Times, London, andsince then has been rankedconsistently among the topB-schools globally.
THE MINDThe programme fosters anability to think across disciplinary boundaries. It emphasisesholistic learning and providesthe keen mind multiple learningopportunities through interaction
with a power faculty, peers andbusiness leaders. Analysis andreflection is the way to go aheadat ISB.
THE MATTER Students graduating from ISBtake on leadership roles invarious industries.The PGPcurriculum is reviewed every yearfor its theoretical intensity and itspractical relevance.
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NOIT A ILIFF A Y TLUC A FELTITESRUOC
Management
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EXPERIENTAL LEARNINGPROGRAMME
This is an unique method thatallows student teams to work withindustry partners on real-worldbusiness issues. It provides an
opportunity to gain newperspectives on business andmajor global issues.
INTERNATIONALSTUDENTEXCHANGE PROGRAMME
ISB has exchange programmeswith 36 schools globally. Theprogramme gives students anopportunity to study for one to
two terms at a leading B-schooloutside India. Visiting students ofover 17 countries add to thediversity and peer learningexperience of the campus.Students are selected through abidding mechanism linked withthe elective course biddingsystem. The tuition fee is part ofthe ISB fee. The student has topay travel & living expenses.
INDEPENDENTSTUDY
Students may wish to exploreareas in business managementthat are well beyond thecurriculum. As an organisation
that promotes lateral thinkingand thought leadership, ISBencourages you to do this,working together under theguidance of faculty or visitingscholars.
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P r o f e s s
i o n a l C l u b s An integral part of the learning and
cultural environment at ISB are theStudent Clubs which are a diverse poolof ideas and perspectives. Formed by functional interest areas, and driven by
the students themselves, the clubs serveto multiply exposure and learningopportunities. Outlined here are thevarious student groups (class of 2011)and their successes at ISB and beyond.
THE FINANCE CLUB
Finance is a high-interest area atISB, and the Finance Club is oneof the most active clubs on
campus. Diverse andexperienced, the groupconstantly works towardsincreasing domain awarenessthrough club-hosted discussions,seminars, events and industry interactions.
THE GENERALMANAGEMENT CLUB
The students at the GeneralManagement Club work to equipthemselves for corporate roles in
an organisation by exploringopportunities in leadership,senior and mid-managementroles, corporate planning andstrategy. The club actively invitesand interacts with the industry through sessions withdistinguished speakers, eventsand projects.
THE CONSULTING CLUB
Consulting is one of the mostvibrant professional clubs at ISB. With over 445 members last
year, many of who bring withthem a wealth of consultingexperience from across theglobe, the group offers hugelearning opportunities.
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THE SALES ANDMARKETING CLUB
The Sales and Marketing Clubdraws some of the most excitingpeople at ISB. With members
coming from functional areas,cultural backgrounds andindustries as diverse as FMCGand IT, the club offers amultitude of learningopportunities related to Salesand Marketing functions. Theclub provides a great trainingground for those coming from orinterested in getting intoMarketing or Sales.
THE BUSINESSTECHNOLOGY CLUB
ISB has a significant number oftechnology professionals,making the Technology Club rich
in experience and ideas. Theclub has been the driving forcebehind some very high profileevents like the CIO Conclave,the ISB Leadership Summit, andthe International Symposium onInformation Systems, givingstudents ample opportunities towork closely with industry leadersand gain some unique insights.
OTHER GROWTHSECTORS
Some of the other clubs that arerapidly gaining momentum atISB are Media Club, Healthcare
Club, Real Estate Club, RetailClub, Energy, Manufacturingand Operations Club (EMO), Women in Business Club, etc.These areas are increasingly occupying centre stage in theglobal business scenario and theclubs provide ideal platformsfrom which interested studentscan launch their careers in thesespaces.
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ISB attracts some of the bestrecruiters in the world. TheCareer Advancement Services(CAS) facilitates excellentplacements. A team of dedicatedand trained professionalsprovides career counselling and
domain expertise. A separateteam is responsible for buildingand maintaining relationshipswith recruiters. It initiates theprocess of matching availablepositions in industry with thetalent available from the studentpool at ISB. The placementprocess followed at ISB is arolling one. It commences with aseries of pre-placement talks by recruiters followed by job
postings. The rolling placementprocess starts in October withinternational placements andcontinues till the end of thecourse.
CAREER PLANNINGCAS will help in mining theopportunity landscape andproviding you with necessary inputs to further your careeraspirations. The team works
collectively with you rightthrough the year to help youtake an informed decision forthe career of your choice.
C a r e e r s LEARNING AND DEVELOPMENT
As you start with your first term,the Learning and Development(L&D) team at CAS will organizeone on one interaction with its in-house team of industry experts.Detailed resume review
workshops are lined up in thefollowing terms. As theplacement season nears,exhaustive mock interviews areconducted by an in-house panelconsisting of industry specialistsfor the roles that you are lookingfor. All through the year, L&Dconducts the Horizon SpeakerSeries and Gurukul Series, whereindustry veterans spend time withstudents on campus, giving them
an opportunity to discuss theircareers and also gain practicalinsights of the industry at anindividual level.
CAREER SHIFTSMany of the students joining ISBaspire for a career shift. They canshift functions, like when aperson moves form a technicalrole to a managerial role in thesame industry, or shift industries,
like moving from the IT industry to banking. The multidisciplineexposure at the campus opensup a wide array of opportunitiesto be explored duringplacements.
process startinternationalcontinues tillourse.
R PLA i l hel
p ity lvi i o
i uts t tirati s.
lllectiv l ough
t e an ine care f
Choosing ISB was a leap of faith. I came with a westernorientation and will leave soon,
with a global perspectivefocusing on emerging
economies. India is headingtowards the centre of the worldand I was there.
Piero Guizetti,Class of 2007
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PARTIAL LIST OF RECRUITERS
3M India Limited, Accenture, Aditya BirlaGroup, Amazon, Ambit, Analysis Mason, ApolloHospitals, Artaaj, Arthur DLittle, AstraZeneca, A.T.Kearney, Axis Bank,BCG, Bharti Airtel, Biocon,Booz & Company, Cargill,Cisco, Citibank, Cognizant,
Colgate-Palmolive, CreditSuisse, DBS, Deloitte,Deutsche Bank, DRL,Ericsson, E&Y, Facebook,Genpact, GlaxoSmithKline,Google, Godrej Properties,Goldman Sachs, HDFCBank, HSBC, HP, HUL, HTMedia, Infosys, IBM India,
P l a c e m e n t s
ICICI Bank, ITC, Johnson &Johnson, Lufthansa,Luxottica, Lodha Group,L&T, KPMG, Make My Trip,McKinsey, Microsoft,Nokia, Nomura, Novartis,Oliver Wyman, ParthenonGroup, Pepsi Foods,People Group, Pfizer,Philips, PWC, PRTM, Royal
Bank of Scotland, RPG,Schneider, Siemens,Shapoorji Pallonji, SolarSemiconductors, STAR TV,SUN-Apollo, Sun Edison,TCS, Tolaram Group,Gallup, Value BudgetHousing Corp, Yahoo,YES Bank, ZS Associates
Every year we meet ourstudents’ expectations.
2011 was our best year yet– 310 companies made661 offers to the students,many of which were seniormanagement positions,both nationally andinternationally.
On an average, thestudents made twice their
salary pre-ISB. There was a35% increase ininternational offers, with83 offers being made by 73 companies, from 19cities across the globeincluding Middle-East,Europe, Asia-Pacific, Africaand North America.
FUNCTION WISE CTC – 80% MEAN
Functions 80% Mean CTC
Business Research 1650004Consulting 1855050Finance 1645464
General management / Strategic Planning 1719650Operations 1935367Sales & Marketing 1709879Technology 1763582
(All figures in INR)
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SINGLE ADMISSION PROCESS
There will be a single admissions process to both the
Hyderabad and the Mohali campus. Applicants
would be required to indicate their preference of
campus in the online application. The admissions
process does not take the campus preference into
consideration while evaluating the application andtherefore will have no impact on the selection
process. The campus allotment decision will be taken
up after we prepare the final list of admits. While we
will try our best to accommodate your choice of
campus to the extent possible, ISB reserves the right
to allot campus in order to maintain class parity
between the two campuses and such allotment are
also subject to the number of seats available at the
respective campuses.
ISB aims to bring together people from a wide
variety of backgrounds, nationalities, education andexperience, which adds to a varied learning
experience. The common denominators are
leadership qualities, ability to work in a team,
superior academic credentials and display of
consistent intellectual prowess. Excellent written and
verbal communication skills are essential.
To be eligible, you must have:
• A bachelor's degree in any discipline.
• Two years of full-time post qualification work
experience. Exceptional candidates with less thantwo years of experience would be considered for
deferred admissions.
• GMAT score. Scores of the last five years are
valid.
• TOEFL/ IELTS score is required only if the
language of instruction during undergraduate
education was not English.
Admissions will evaluate all applications on the
above basis. Shortlisted candidates will be
interviewed as a part of the selection process.
LEADERSHIP POTENTIAL
Preference is given to students who have
demonstrated leadership qualities in their work or
academic life. This is assessed primarily through
recommendations or references included in the
application. Students must include recommendations
from their workplace, preferably from their direct
supervisor. While most applicants may not have had
a chance to demonstrate leadership skills at the
public level, initiatives at work or in their personal lifewill help the committee assess the candidate's
potential.
DIVERSITY
The ISB believes that student diversity is a very
important element of an international education.
Applicants are encouraged to describe their
backgrounds and provide details about what and
how they can contribute to the student community.
Diversity can be in the form of educationalbackground, work experience, nationality or
personal experiences and goals.
ACADEMIC BACKGROUND & ANALYTICAL ABILITY
The programme is rigorous, and since its duration
makes it even more challenging, candidates must
have convincing academic records. Our evaluation
therefore, considers the student's undergraduate
performance. However, there is no cut-off score.
Likewise, we also assess analytical ability based on
GMAT. Here again, we do not have a cut-off GMATscore. While a good GMAT score helps, an average
score can be compensated for by achievements in
other areas.
WORK EXPERIENCE
The ISB prefers applicants with substantial work
experience (minimum two years). The diverse
professional experience of students contributes to
the rich and stimulating learning in the ISB
programme. We are specifically interested in how
APPLICATION DEADLINES
Cycle 1 September 15, 2011
Cycle 2 November 30, 2011
International Passport Holders January 15, 2012
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they have contributed to their organization or added
value to their professional roles. Successful
applicants must demonstrate managerial and
leadership potential, maturity, drive and focus.
MEDICAL INSURANCE
It is mandatory for all students and their dependents
living on campus to have medical insurance. The ISB
will arrange to purchase a group medical insurance
for all students and their dependents. The premium
of this will have to be paid by all students in addition
to the other fees at the time of registration. The
premium is approximately in the range of INR 1,300
to 4,000 depending on the age of the insured - these
amounts are approximate and are subject to change.
SCHOLARSHIP
The ISB, in conjunction with several companies,
offers scholarships to deserving candidates. 80 to
100 students receive a scholarship ranging from
Rs.3 lakhs to Rs.10 lakhs at the time of admission.
The scholarships are both need and merit based.
To know more about the same, please visit
www.isb.edu/pgp
LOANS
The ISB has arrangements with leading banks to
provide loans upto 100% of the tution fee at a
concessional rate. These loans are customized for
the students of ISB and usually do not require any
collateral. Only the personal guarantee of the
parents will suffice.
MISCELLANEOUS EXPENSES
Please also budget for some miscellaneous
expenses which may vary depending on your needs
and preferences (like schooling for children,
sightseeing etc.)
EXCHANGE PROGRAMME EXPENSES
If you wish to participate in the exchange
programme, certain expenses have to be borne by
the student depending upon the travelling and
accommodation costs incurred. It may vary from
USD 6,000 to USD 10,000 (approx.) depending
upon the school you have been admitted to.
NOTE:
1) USD amounts are approximate and are likely to
change depending on the exchange rate. 2) The
School realises its fee in Indian Rupees. There areoptions available to make payments in foreign
currency also; in which case the amount realised
must be equivalent to the amounts fixed in INR.
Service Tax, if any, will be charged extra. 3) It is
mandatory to live on the campus. 4) Tuition fees
cover course packs provided but certain courses
require mandatory text books over and above the
study material supplied by ISB. 5) Every student is
required to have a laptop. The details of the
specifications will be made available on the new
admit website. 6) There are different meal plansavailable. You can chose the same once you are on
campus. The family residential facilities have
kitchens for people who would like to cook. 7)
Alumni membership fees is Rs.7000. Rs.3000 is the
one time fee payable to ISB by the students of use
of ISB LRC & RC after graduation.
* Note: As advised by the Counsel of the School, Service Tax is
not applicable on the fees charged for the PGP programme. This
view is not accepted by the Service Tax Authorities. The matter is
under adjudication and should the decision go against the
School, the School reserves the right to collect the Service Tax
amount from the students in addition to the fees. The present rate
of Service Tax (inclusive of cess) is 10.3%.
DISCLAIMER:This brochure is only for the purpose of providing information to the reader on
the ISB’s PGP Programme. ISB reserves the right to change and modify these
details at any time. The Brochure does not result in any binding contract
between the ISB and the reader.
FEES AND OTHER DETAILS
Particulars Amount (Approx)
Single person Family
(INR) USD (INR) USD
Academic fee
2,00,000 4,255 2,00,000 4,255
16,50,000 35,106 16,50,000 35,106
1,60,000 3,404 2,65,000 5,638
Non-refundableadmission fee
Tuition fee
Accommodation
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ISB gave me the skill sets and the confidence to effectively convert & scale up
the leadership skills of my military days to the higher echelons of the
corporate world. It catapulted me from techno-managerial positions to
business leadership roles and finally from being an employee to being an
entrepreneur.
If you have aspirations but are not sure how to find wings for them, do
yourself a favour and step into ISB. The experience is guaranteed to transform
you and give your aspirations an expression you would not have otherwise
imagined.
Vijay Raghavan,Class of 2003