Indian School of Business

Indian School of Business

About the School

The Indian School of Business (ISB) was founded in 2001. It has two campuses, in Hyderabad (Telangana) and Mohali (Punjab).
Emerged from the requirement for a world-class business school in Asia. The founders, some of the best minds from the corporate and academic worlds, predicted the leadership essentials of the emerging Asian economies.

An Overview


Class Size

Course Fee ($)

Course Duration (months)

Average GMAT Score

Average GRE Score

Number Of Participants 884
Average Age 27
International Participants 2%
Gender 40% (Women)
Average Work Experience 3.75 Years
Average Salary

INR 24,35,915

  • Financial Accounting & Decision Making
  • Managerial Economics
  • Marketing Management
  • Statistical Methods for Management Decisions
  • ​Competitive Strategy
  • Decision Models & Optimisation
  • Global Economics
  • Corporate Finance
  • Management of Organisations
  • Operations Management

Waivers awarded at the time of admission

1) Merit Waivers: Granted based on the overall weighted scores at the end of the selection process. Up to 40 scholarships ranging from INR 5 Lakhs to full tuition fees are granted to qualified applicants at the discretion of the Adcom.

2) Need-Based Waivers: ISB and Corporate donors’ mutually grant up to 40 scholarships of INR 5 Lakhs each to worthy applicants whose family income is than INR 12 Lakhs or less (including applicant’s pre-ISB income). Applicants have to present an essay and verification of income to be qualified for the need-based waiver

3) ISB Merit by Diversity: ISB believes that diversity enhances the learning experience both inside and outside the Classroom. To inspire students with distinct profiles ISB gives grants of INR 5 Lakhs to up to 10 students.

4) AIESEC – ISB Waivers: Up to 3 scholarships of INR 5 Lakhs are awarded to AIESECers. An essay needs to be presented for the same.

5) International Diversity: ISB offers up to 30 scholarships of different amounts to meritorious international students.

6) Bridge to India: This scholarship is awarded to Indian origin students currently serving abroad, who intend to shift back to India. INR 5 – 10 Lakhs scholarships are granted to up to 5 students. Qualified candidates would have to present an essay for the same.

Scholarships granted after the PGP admission offers are rolled out

1) Citi Scholarships: Citi bank grants 4 merit scholarships of INR 7.5 Lacs each, two for Citi employees, and two for candidates with an inclination towards financial services. An essay needs to be submitted on the basis that Citi bank would choose the candidate.

2) Ramesh C. Khanna Nurture India Scholarship: This need-based grant of INR 5 Lacs is founded by Amit Khanna, alumnus, and Founder, Phoenix Holdings and is awarded to applicants who are the only earning members in their families. An essay needs to be submitted, based on which the donor would choose the applicant.

3) PGPMAX Co 2012 Scholarship: Sponsored by the Alumni of PGPMAX Class of 2012, this need-based scholarship of INR 5 Lacs is granted to candidates originating from the social sector. The candidates will have to submit an essay on giving back to society, the basis which the awardee would be selected.

The Career Mentoring program is launched in partnership with our senior alumni. A single platform where the School offers support to address career challenges through mentoring. Aims to provide a longitudinal and latitudinal mentorship opportunity to alumni in mid and early-career levels; who work in niche roles/industries, early entrepreneurial roles; who are looking for opportunities after a career break or seeking guidance and support on career transitions. The program also comprises mentoring on skills to navigate challenges in career progression in the current role, and in horizontal/vertical shifts across industries or functions.

Career Events

  • Career Webinars: One-hour webinars throughout the year on topics related to personal branding, career advancement, career transitions, and job search tools & techniques.
  • Career Workshops: In-person sessions panned across the geographies featuring top leaders in the industry talking about career trajectory and discussing what inspires them in their work, and skills essential for success in a job search.

Career Resources

Career Resources include valuable articles, videos, podcasts, and other resources that would help the alumni in planning their career transitions and accelerate their career through learning and networking. Vault presents in-depth knowledge of what it’s like to work in an industry, company, or profession and how to position yourself. Network, learn, and engage-your alumni community. Closed group solely for ISB Alumni.

Life At ISB

Notable Alumni

Ankur Warikoo

Motivational Speaker and Co-Founder of Nearbuy

Viren Rasquinha

Indian field hockey player

Namrata Brar

Indian-American journalist, Former US Bureau Chief for NDTV

Ravinder Singh

Software Engineer and a Bestselling Indian author of nine novels

ISB MBA Application Process

The latest application requirements set by the ISB MBA admission office are described below.

Essay 1: Describe with examples the most important personal quality that you possess, which significantly enhances your prospects of being successful as a leader?
Word Limit: 400 words

Essay 2: What are your short-term and long-term career goals? How will Post Graduate Program at ISB assist you in achieving your goals?
Word Limit: 400 words

Rounds Application Deadlines
Round 1 Sep 20, 2020
Round 2 Yet to be announced

Tips for recommendation letters

  • Who can give a recommendation: You will have to provide details of one recommender who can be your reporting manager/ previous manager/ senior colleague/ current client/ previous client/ business partner/ supplier/ auditor etc.
  • It should not be a bunch of adjectives. The recommender should add specific instances/examples of your professional work together.
  • Academic recommendations ( from professors/teachers etc) are not valid
  • The recommender should send the recommendation from the official email id only. If the recommender does not have an official id – then proof that you reported / or was supervised by this person should be attached.
  • Go by the quality of the evaluation rather than the seniority of the designation

Letter of recommendation questions:

  • Please provide a brief description of your interaction with the applicant. (Word limit 500)
  • How does the applicant’s performance compare to that of other well-qualified individuals in similar roles? (Word limit 500)
  • Describe the most important piece of constructive feedback you have given the applicant. (Word limit 500)
  • Is there anything else we should know? (Word limit 500)

MBA Essay Analysis – ISB

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