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Indian School of Business a Guide

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Indian School of Business a Guide thinkisb.com Indian School of Business A Guide 2009-2010 1 Page Table of Contents The Indian School of Business 3 Academic details of the PGP Program 6 Events at ISB 12 Student Life at ISB 14 Admissions Criteria and Process 16 2 Page The Indian School of Business The Indian School of Business (ISB), currently placed 15th in the 2009 global MBA rankings released by the Financial Times, London is the second among Asian business schools, closely following CEIBS China. For a school that was conceptualized as late as 1995, this surge in rankings is a testament to the quality and pedigree of the Institution. A very important feature of the ISB is the emphasis laid on research – the schools hosts more than 7 centres of excellence with a focus on emerging and transition economies, striving to create synergies between India, Asia, and the global business environment. ISB currently offers a one-year Post Graduate Programme, short-duration, high-powered Executive Education Programmes for CEOs and senior executives and a two-year Research Fellowship Programme. ISB Vision and Leadership ISB envisions being an internationally top-ranked, research-driven, independent management institution that grooms future leaders for India and the world. In keeping with its vision ISB focuses on partnership in academics and business to forge its ties with industry and takes inputs from top- level corporate organizations in its aim for excellence. The Governing Board, which consists of extremely successful entrepreneurs and leading academicians, heads of Fortune 500 companies have established a strong foundation of collaborative approach to teaching and research. Eminent corporate bodies have contributed to designing a curriculum which uses original teaching and research as its basis. Business leaders and entrepreneurs hold discussions and workshops, to give students a hands-on and contemporary approach to problem solving. With a dynamic leadership, the state is steering the nation to new dimensions in the fields of Information Technology, Biotechnology, Pharmaceuticals, Business Management, Construction, Pharma, Insurance, Tourism and more - to emerge as a land of immense business opportunities. School Highlights Academic alliances with the Kellogg School of Management at Northwestern University, the Wharton School at the University of Pennsylvania, and the London Business School (LBS) contribute towards integrating the best of global management practices and thinking with ISB’s curriculum Programmes, such as the International Student Exchange Programme for the PGP students, give an opportunity to study for two terms at other leading business schools. The ISB has partnerships with 26 leading schools from the USA, France, South Africa, Israel, Germany, China, Pakistan and the UK for exchange programmes. Over 105 visiting faculty from the best B-schools in USA, Europe, Australia, and various Asian countries complement the expertise of ISB’s resident faculty. 3 Page School History and Dateline Idea for the School was conceived in 1995 ISB Board was formed in 1996 Association with The Wharton School and The Kellogg School of Management in Nov. 1997 MoU signed with the Government of Andhra Pradesh for setting up ISB in Hyderabad in September 1998 First international Governing Board meeting in New York in October 13, 1998 ISB foundation stone laying ceremony in December 20, 1999 Association with the London School of Business in December 2000 Dr Pramath Sinha appointed as the ISB's Founding Dean in June 30, 2001 First class starts on campus with 128 students in July 2001 First student Exchange Programme started in September 2001 Inauguration of the Centre for Executive Education(CEE) in November 2001 ISB Inauguration by Prime Minister of India, AB Vajpayee in December 2001 Inauguration of the first Centre of Excellence:Wadhwani Centre for Entrepreneurship Development (WCED) in December 2001 President S R Nathan of Singapore visits the ISB in January 2002 President -Elect A P J Kalam presides over the First Graduation Day in June 2002 Vijay Mahajan appointed as Dean in June 2002 Solstice - The Alumni reunion in December 2002 Aikya, the host family network, launched in July 2003 Artist-in-Residence programme launched in July 2003 Business and Arts programme launched in September 2003 ISB Women’s Initiative launched in January 2004 MR Rao appointed as Dean in June 2004 Inauguration of the Centre of Analytical Finance (CAF) in August 2004 First Global Social Venture Competition in December 2004 ISB K-HUB Launch in December 2004 Inauguration of the Centre for Global Logistics and Manufacturing Strategies (GLAMS) in November 2005 George Bush, President of the USA, visits the ISB March 2006 Inauguration of the Centre for Information Technology and the Networked Economy (CITNE) in July 2006 Prime Minister Dr Manmohan Singh visits the ISB in December 2006 First Global Logistics Summit in December 2006 ISB Day Celebrations on Fifth Anniversary in December 2006 Financial Times ranks ISB's programme in management among the world's Top 20 B-schools in January 28, 2008 Inauguration of the Centre for Leadership, Innovation, and Change (CLIC) in February 2008 Ajit Rangnekar appointed as Dean in January 2009 4 Page Financial Times ranks ISB's programme in management among the world's Top 15 B-schools in January 26 2009 Inauguration of the Centre for Emerging Markets Solutions Student Demographics for the PGP Programme For the class of 2010 the ISB accepted 579 students to its flagship PGP Programme. The student demographics are represented below: Age Distribution GMAT Distribution Minimum 23 Minimum 600 Maximum 39 Maximum 780 Median 27 Median 720 Average 27 Average 716 Mid 80% Range 25-31 Mid 80% Range 680-760 Work Experience Minimum 2 Years Maximum 16 Years Median 4.5 Years Average 5 Years Mid 80% Range 2-7 Years 5 Page Academic details of the PGP Program The Post Graduate Programme in Management at the ISB starts with the pre-term and orientation courses followed by eight terms of six weeks each. The first four terms cover the core courses, laying the foundation for the advanced elective courses in later terms. To specialise in one area, a student has to take a minimum of six electives from that area. Students can choose a maximum of two specialisations. All courses at ISB are taught through a mixture of Case studies, discussions, problem-solving sessions, team projects and theory. The table below gives the schedule for class of 2010. The schedule for class of 2011 should be very similar. Mid Term Exams End Term Exams Term Term Term Start Start End Start End End Date Date Date Date Date Date Orientation & Pre-Term 12-Apr - - - - 26-Apr Term 1 27-Apr 15 May 16-May 1-Jun 2-Jun 7-Jun Term 2 8-Jun 26-Jun 27-Jun 13-Jul 14-Jul 19-Jul Term 3 20-Jul 7-Aug 8-Aug 24-Aug 25-Aug 30-Aug Term 4 31-Aug 18-Sep 19-Sep 1-Oct 2-Oct 11-Oct Term 5 12-Oct 30-Oct 1-Nov 16-Nov 22-Nov 22-Nov Term 6 23-Nov 11-Dec 13-Dec 27-Dec 3-Jan 3-Jan Term 7 4-Jan 22-Jan 24-Jan 7-Feb 11-Feb 11-Feb Interviews 12-Feb - - - - 21-Feb Term 8 22-Feb 12-Mar 14-Mar 26-Mar 29-Mar 4-Apr Graduation Saturday, 03 April, 2010 * Workshops, LDP Sessions, ELPs etc. are scheduled during the weekends & term breaks Pre Term and Orientation The pre-term is an intensive programme, with three modules covering Quantitative Methods, Accounting, and Business Statistics. The program lasts for one week and aims at gearing up the students for the core terms by acquainting them with essentials tools and skills which come handy during the core terms. The Orientation period or the “O” Week (Re-branded by class of 2009) creates teamwork and class spirit through a variety of social and recreational activities. Given the program lasts for a year there 6 Page is no overlap between two batches. However select set of Alums from previous batch stay on campus for the “O” week to welcome the new class, interact with them and orient them. The week is full of intensive indoor and outdoor activities, presentations, and ofcourse parties. Below is an indicative list of activities that happen in the “O” week Bind-Unbind – Outdoor Teambuilding activity Talent Night Treasure Hunt GSB & Club presentations Department (ASA, CCA, Alumni Affairs, IT & Library) Presentations Inter Section Sports Parties, Parties and more Parties!!! Core Courses The core courses are taught in the first four terms and cover the basics of Finance, Strategy, Marketing, Operations and IT Management. Core Courses at ISB include: Term 1 Financial Accounting in Decision Making: This is introductory level accounting course where the class gets introduced to basics of accounting – including but not restricted to Financial Statements (Balance Sheet, Income Statement, Cash Flows etc.), Accounting principles, Ratio Analysis etc. The mode of teaching is primarily lecture based, however students do analyse a lot of real and complex annual statements of Indian and International companies. Managerial Economics: Understanding Micro economics – demand and supply fundamentals, cost functions, market types, game theory, etc is essential part of managing a business. Managerial economics essentially aims to build such fundamental concepts. The course is extremely important particularly from the placement angle. The mode is lecture based with multiple group assignments. Typically considered to be quant heavy. Marketing Management: This introductory course in Marketing introduces fundamentals around components of marketing plan (Situational Analysis, Segmentation, Targeting, Positioning, Marketing Variables), Customer Values, Pricing Principles, Branding, Distribution Channels etc. The teaching methodology is case based and you will get introduced to number of Indian and International cases. Very important course for people seeking career in marketing. Statistical Methods for Management Decisions: One of the most dreaded course by non- engineers, this introduces students to concepts in business statistics – normal distribution, 7 Page hypothesis testing, confidence intervals, simple and multiple regression.
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