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The Indian School of Business (ISB) is a
private Private or privates may refer to: Music * " In Private", by Dusty Springfield from the 1990 album ''Reputation'' * Private (band), a Denmark-based band * "Private" (Ryōko Hirosue song), from the 1999 album ''Private'', written and also recorde ...
business school A business school is a university-level institution that confers degrees in business administration or management. A business school may also be referred to as school of management, management school, school of business administration, o ...
established in India in 2001. It has two parallel campuses in India, in Hyderabad ( Telangana) and
Mohali Mohali, officially known as Sahibzada Ajit Singh Nagar, is a planned city in the Mohali district in Punjab (India), Punjab, India, which is an administrative and a commercial hub lying south-west of Chandigarh. It is the headquarters of the Moh ...
( Punjab). It offers certificates in various post-graduate management programs. ISB became the 100th Triple Accredited business school in the world (
AMBA Amba or AMBA may refer to: Title * Amba Hor, alternative name for Abhor and Mehraela, Christian martyrs * Amba Sada, also known as Psote, Christian bishop and martyr in Upper Egypt Given name * Amba, the traditional first name given to the first ...
, EQUIS, AACSB) upon achieving AMBA accreditation on 12 May 2020. ISB is currently the highest ranked business school in India as ranked by the Forbes, Financial Times, Economist, Poets&Quants and Bloomberg Businesssweek Global MBA Rankings


History

The Indian School of Business (ISB) was started in 1996 by a group of businessmen and academics. Co-founders Rajat Gupta and
Anil Kumar Anil Kumar (born 1958) is an Indian-American former senior partner and director at management consulting firm McKinsey & Company, where he co-founded McKinsey's offices in Silicon Valley and India and created its Internet practice (representin ...
, senior executives of
McKinsey & Company McKinsey & Company is a global management consulting firm founded in 1926 by University of Chicago professor James O. McKinsey, that offers professional services to corporations, governments, and other organizations. McKinsey is the oldest and ...
, directed teams of McKinsey consultants to start the school. Gupta recruited U.S. business leaders while Kumar recruited Indian leaders for its executive board. Formal partnerships were established with international business schools
Wharton Wharton may refer to: Academic institutions * Wharton School of the University of Pennsylvania * Wharton County Junior College * Paul R. Wharton High School * Wharton Center for Performing Arts, at Michigan State University Places * Wharton, Ch ...
and Kellogg. Pramath Sinha, then a junior partner at McKinsey in India, was persuaded to take a leave of absence to be the school's first dean. Rajat Gupta became the school's first chairman and was succeeded by
Adi Godrej Adi Burjorji Godrej (born 3 April 1942) is an Indian billionaire businessman and industrialist, head of the Godrej family, and chairman of the Godrej Group. , he has a net worth of US$2.3 billion. Early life Godrej completed his schooling at ...
in 2011. The then Chief Minister of Andhra Pradesh Sri
N. Chandrababu Naidu Nara Chandrababu Naidu ( born 20 April 1950) is an Indian politician and current leader of opposition of the Andhra Pradesh Legislative Assembly. He was also the leader of the opposition of the Andhra Pradesh Legislative Assembly from 2004 to ...
played an important role for establishment of ISB in Hyderabad. The foundation stone for the campus was laid in 1999 and was inaugurated by Prime Minister
Atal Bihari Vajpayee Atal Bihari Vajpayee (; 25 December 1924 – 16 August 2018) was an Indian politician who served three terms as the 10th prime minister of India, first for a term of 13 days in 1996, then for a period of 13 months fr ...
in 2001. The Government of Punjab sanctioned the Mohali Campus in 2010; its foundation stone was laid in September 2010 by Punjab Chief Minister
Prakash Singh Badal Parkash Singh Badal ( pa, ਪ੍ਰਕਾਸ਼ ਸਿੰਘ ਬਾਦਲ; born 8 December 1927) is an Indian politician who was Chief Minister of Punjab state from 1970 to 1971, from 1977 to 1980, from 1997 to 2002, and from 2007 to 2017. He ...
, and was inaugurated in December 2012 by the then Union Minister of Finance,
P. Chidambaram Palaniappan Chidambaram (born 16 September 1945), better known as P. Chidambaram, is an Indian politician and lawyer who currently serves as Member of Parliament, Rajya Sabha. He served as the Chairman of the Parliamentary Standing Committee ...
.


Campuses

The Indian School of Business has two parallel campuses in Hyderabad, Telangana and
Mohali Mohali, officially known as Sahibzada Ajit Singh Nagar, is a planned city in the Mohali district in Punjab (India), Punjab, India, which is an administrative and a commercial hub lying south-west of Chandigarh. It is the headquarters of the Moh ...
, Punjab.


Hyderabad campus

It is the older campus and was designed by Vikram Lall and established in 2001 and is spread across . It includes the academic centre, a recreation centre, and four student villages each accommodating 130 to 210 students. The Hyderabad campus is certified by the Indian green building council.


Mohali campus

The modern Mohali campus began operations on 14 April 2012, and offers ISB's Post-Graduate Programme (PGP) and additional short-term executive education programs. The campus was designed by
Perkins Eastman 'Perkins Eastman'' is an international architecture, interior design, urban design, planning, landscape architecture, graphic design, and project management firm. Headquartered in New York City, the firm is led by founding Principals Bradford Per ...
Architects led by
Aaron Schwarz Aaron B. Schwarz is an American architect and founder of Plan A, a small firm in New York City. Prior to starting Plan A, Aaron partnered with Bradford Perkins and Mary-Jean Eastman as a founding principal when Perkins Eastman reorganized in 1984. ...
. The entire campus is Wi-Fi enabled. The academic block houses lecture theatres, faculty offices and lounge, the learning resource centre (LRC), and an atrium which can serve as a 500-seat auditorium. The campus also hosts four other research institutes: *Max Institute of Healthcare Management *Bharti Institute of Public Policy *Munjal Institute for Global Manufacturing *Punj Lloyd Institute of Infrastructure Management


Academics


Accreditation

ISB is accredited by
AMBA Amba or AMBA may refer to: Title * Amba Hor, alternative name for Abhor and Mehraela, Christian martyrs * Amba Sada, also known as Psote, Christian bishop and martyr in Upper Egypt Given name * Amba, the traditional first name given to the first ...
, EQUIS and AACSB. ISB became the 100th Triple Accredited institution in the world upon achieving
AMBA Amba or AMBA may refer to: Title * Amba Hor, alternative name for Abhor and Mehraela, Christian martyrs * Amba Sada, also known as Psote, Christian bishop and martyr in Upper Egypt Given name * Amba, the traditional first name given to the first ...
accreditation on 12 May 2020. ISB is not accredited by the All India Council for Technical Education (AICTE) and has not applied for such accreditation, as it offers a certificate program and not a degree or a diploma. The
US Citizenship and Immigration Services U.S. Citizenship and Immigration Services (USCIS) is an agency of the United States Department of Homeland Security (DHS) that administers the country's naturalization and immigration system. It is a successor to the Immigration and Naturaliza ...
(USCIS) has ruled that for the purposes of US Visa and
Green Cards A green card, known officially as a permanent resident card, is an identity document which shows that a person has permanent residency in the United States. ("The term 'lawfully admitted for permanent residence' means the status of having been ...
, the post-graduate PGP certificate awarded by ISB is not equivalent to a Master of Business Administration degree, unlike similarly named certificates awarded by the Indian Institutes of Management.


Programmes

ISB is the academic partner for the Goldman Sachs 10,000 Women Entrepreneurs Certificate programme in India which provides management education to "under-served women".


Young Leaders' Programme

The Young Leaders' Programme (YLP) select undergraduate students for mentoring over a period of two years while they work. These individuals are also awarded a scholarship of 100,000 (approx. US$2000) during the course of the programme. Mentored students can join ISB following successful completion of the work-mentorship programme. 45 undergraduate students were selected for when the programme began in 2011. YLP at Hyderabad includes integrated budgetary system (IBS), integrated financing system (IFS), management information service (MIS) marketing, and management control system (MCS).


Management Programme in Public Policy

The Management Programme in Public Policy (MPPP) began in 2015 and was developed by the Bharti Institute of Public Policy in consultation with The Fletcher School of Law and Diplomacy. The programme is oriented towards mid-career professionals, examining public policy perspectives on a wide range of economic and management subjects. The first class of students were drawn from government, public sector and civil society organisations.


ISB Policy Conclave

Every year ISB Organizing Policy Conclave Program, This Policy Conclaveis a policy summit that brings together luminaries from the public sector, private sector and the civil society along with the brightest minds at ISB to discuss policy issues. The idea is to focus on shaping the dialogue, setting the narrative and focusing agenda on issues that really matter for the India beyond 2020.


''ISBInsight''

'' ISBInsight'' (stylized ISB''Insight'') is the biannual research periodical of ISB, featuring articles based on management research from Indian and emerging markets. It presents research across management areas such as strategy, marketing, information technology, accounting, behavioural studies, finance, economics and public policy. It also publishes interviews with leaders and decision makers from industry, academia, government and non-governmental organisations.


Rankings

Worldwide, the '' Financial Times'' has ranked ISB  32 (No.1 from India) in its Global MBA Ranking 2022 . ISB is ranked seventh globally (No.1 from India) in the Forbes Best Business Schools 2019 rankings ISB is ranked 44th Globally (No.1 from India) in the Economist Global MBA rankings Poets and Quants ranks ISB as the 17th best business school (No.1 from India) outside the US It is ranked fifth in the Asia Pacific region (No.1 in India) by Bloomberg Businessweek's global rankings for best business schools.


Notable alumni


Business

* Bijai Jayarajan, Founder, Loylty Rewardz *Aman Gupta, CEO & Co-founder, Boat. * Nipun Malhotra, Founder, Nipman Foundation *
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