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MBA aspirants need no longer run to the US for an MBA degree which is recognised the world over. A premier school of business is soon to be set up right here in the city. The Indian School of Business IBS- A Unique collaboration of minds(ISB) is a result of a unique collaboration of 50 of the world's top corporations, 23 of which belong to the Fortune 500 companies. Besides, the business school is affiliated to the JL Kellogg Graduate School of Management and the Wharton School (University of Pennsylvania).

The foundation stone for the 250-acre campus in Gacchibowli (near IIIT) was laid in December 1999. Admissions will commence from July 2001. Construction of the school is currently underway.

The objective is to create an 'institution for innovative management education that exemplifies excellence in every aspect, harnesses the best of management practices in the East and West and is significantly more affordable than its peers. The school is slated to be comparable to the best of its kind in the world.
Courses offered

The curriculum will be identical to that offered in the US. The courses include a one-year post-graduate programme equivalent to an MBA degree, Doctoral and Research Programmes and an Executive Education Programme, targeting executives of top corporations. The school expects students from abroad to constitute 25 - 40 per cent of its total strength, which it believes will grow by 75 per cent in six years.
Entry will be on the basis of GMAT scores (and TOEFL scores for foreign students). Candidates must have a minimum work experience of two years. The graduation certificates issued will be jointly signed by the Deans of IBS, Wharton and Kellogg.

Twenty faculty members from top US and European business schools have formed an International Academic Council (IAC). Besides designing the curriculum, the professors will provide the teaching input and be involved in faculty selection. The school plans to draw from a pool of Indian professors teaching abroad.

On February 18, 2000 ISB received a grant of $ 1 million from the Goldman Sachs Foundation (for promoting excellence and innovation in education worldwide). The school is the first in Asia to receive such a grant.

The vision and purpose of this school is best described in the words of Mr. Rajat Gupta, Chairman, ISB and Managing Director of McKinsey & Co Inc. -"the ISB's curriculum is a blue print for moulding business leaders who thrive on change."

For admission details contact:

Indian School of Business, P.O. Box 149, General Post Office, Hyderabad 500 001
Phone: 300 2234 / 300 5736
Fax: 300 1963


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