ISB ranked no. 12 in FT’s Global B-School Rankings!

The Indian School of Business (ISB), my alma mater, has been ranked no. 12 in the latest Financial Times (London) global B-School rankings! Way to go!

Here is a link to the rankings: http://rankings.ft.com/businessschoolrankings/global-mba-rankings

The official press release from ISB can be found at http://www.isb.edu/media/UsrNewsMgmt.aspx?topicID=138 and a portion of it is repeated below:

The Indian School of Business (ISB) has been ranked No: 12 in the global B-school rankings released today by the Financial Times, London. This is the third successive year that the ISB has featured among the top 20, in the list of top 100 B-schools in the world. Previously, ISB was ranked 15th in 2009 and 20th in 2008.

“We began with the idea of creating a school in India that would rank among the best in the world. Today, I am delighted that the ISB is consolidating its position as a top-ranked global business school. To receive this news on the eve of the completion of 60 years of the Indian Republic makes it all the more special. I congratulate the entire ISB community on this success” said Rajat Gupta, Chairman, ISB.
Echoing this sentiment, Ajit Rangnekar, Dean, ISB said, “This is indeed a proud moment for the ISB. Our goal has always been to pursue excellence in education and research. As an outcome of this effort, we accept any ranking that we get with humility, and rededicate ourselves to this goal. I would like to thank our alumni, our faculty, students, staff, our board, our associate schools, industry and our well wishers for contributing to this continuing success.”
The ISB was established in 2001 with the launch of its pioneering Post Graduate Programme in Management (PGPM). From an initial class of 126 students, the school has grown successively over the years, and currently has 570 students in the class of 2010. The school has over 2300 alumni who are making a strong impact in business and industry. The school has also established itself as a leader in Executive Education through its programmes designed and delivered for private and public sector corporations, small and medium enterprises, and central and state governments. The ISB faculty research papers are consistently published by top ranked peer reviewed international journals.
After a successful first phase of growth, the ISB has now entered its second phase of growth and expansion. It recently launched its second Post Graduate Programme in Management for Senior Executives (PGPMAX), which has generated a lot of interest among senior business professionals. It will soon set up its second campus in Mohali, Punjab. The first academic session at the ISB campus in Mohali is expected to commence in 2012.

The Indian School of Business (ISB) has been ranked No: 12 in the global B-school rankings released today by the Financial Times, London. This is the third successive year that the ISB has featured among the top 20, in the list of top 100 B-schools in the world. Previously, ISB was ranked 15th in 2009 and 20th in 2008.

“We began with the idea of creating a school in India that would rank among the best in the world. Today, I am delighted that the ISB is consolidating its position as a top-ranked global business school. To receive this news on the eve of the completion of 60 years of the Indian Republic makes it all the more special. I congratulate the entire ISB community on this success” said Rajat Gupta, Chairman, ISB.

Echoing this sentiment, Ajit Rangnekar, Dean, ISB said, “This is indeed a proud moment for the ISB. Our goal has always been to pursue excellence in education and research. As an outcome of this effort, we accept any ranking that we get with humility, and rededicate ourselves to this goal. I would like to thank our alumni, our faculty, students, staff, our board, our associate schools, industry and our well wishers for contributing to this continuing success.”

The ISB was established in 2001 with the launch of its pioneering Post Graduate Programme in Management (PGPM). From an initial class of 126 students, the school has grown successively over the years, and currently has 570 students in the class of 2010. The school has over 2300 alumni who are making a strong impact in business and industry. The school has also established itself as a leader in Executive Education through its programmes designed and delivered for private and public sector corporations, small and medium enterprises, and central and state governments. The ISB faculty research papers are consistently published by top ranked peer reviewed international journals.

After a successful first phase of growth, the ISB has now entered its second phase of growth and expansion. It recently launched its second Post Graduate Programme in Management for Senior Executives (PGPMAX), which has generated a lot of interest among senior business professionals. It will soon set up its second campus in Mohali, Punjab. The first academic session at the ISB campus in Mohali is expected to commence in 2012.

Another milestone for ISB!

My alma mater, Indian School of Business (ISB), has been ranked 15th in the latest annual ranking of B-Schools worldwide by Financial Times (click here for details). As our dean put it, “To be so young and to achieve such heights is no ordinary feat”. What ISB has achieved in just a few years since its inception as a world class B-School in India is indeed commendable and it looks to be on track to achieve still greater heights. Way to go!

Proud to be an ISB-ian!

ISB Information Sessions

This one is for prospective ISB (Indian School of Business) applicants. This year, the admissions department plans to conduct over 50 information sessions across India. Details of the same and the procedure for registration are available at http://www.isb.edu/pgp/AdmissionEvents.Shtml?menuid=109

The list of venues and dates are given below for convenience.

City Venue Date Timings
Hyderabad ISB, Hyderabad 30-May-08 6:00 PM- 7:30 PM
Kolkata Taj Bengal 1-Jun-08 10:00 AM – 12 noon
Kolkata Taj Bengal 1-Jun-08 3:30 PM – 5:30 PM
Pune Taj Blue Diamond 1-Jun-08 10:00 AM – 12Noon
Pune Taj Blue Diamond 1-Jun-08 3:30 PM – 5:30 PM
Hyderabad ISB, Hyderabad 6-Jun-08 6:00 PM- 7:30 PM
Chandigarh Reliance Web World @ Sector 9 D 7-Jun-08 5:30 PM – 7:00 PM
Indore Reliance Web World @ MG Road 7-Jun-08 5:30 PM – 7:00 PM
Jamshedpur Reliance Web World @ Jamshedpur 7-Jun-08 5:30 PM – 7:00 PM
Ludhiana Reliance Web World @ Chaura Bazaar 7-Jun-08 5:30 PM – 7:00 PM
Raipur Reliance Web World @ Krishna Complex 7-Jun-08 5:30 PM – 7:00 PM
Hyderabad ISB, Hyderabad 13-Jun-08 6:00 PM- 7:30 PM
Chandigarh Reliance Web World @ Sector 9 D 14-Jun-08 5:30 PM – 7:00 PM
Amritsar Reliance Web World @ Mall 14-Jun-08 5:30 PM – 7:00 PM
Bhopal Reliance Web World @ Bhopal Bitten Market 14-Jun-08 5:30 PM – 7:00 PM
Nagpur Reliance Web World @ CA Road 14-Jun-08 5:30 PM – 7:00 PM
Lucknow Reliance Web World @ Faizadabad Road 14-Jun-08 5:30 PM – 7:00 PM
Hyderabad ISB, Hyderabad 20-Jun-08 6:00 PM- 7:30 PM
Coimbatore Reliance Web World @ Gandhipuram 21-Jun-08 5:30 PM – 7:00 PM
Madurai Reliance Web World @ Annanagar 21-Jun-08 5:30 PM – 7:00 PM
Pondicherry Reliance Web World @ Kamraj Salai 21-Jun-08 5:30 PM – 7:00 PM
Visakhapatnam Reliance Web World @ Dwaraka nagar 21-Jun-08 5:30 PM – 7:00 PM
Hyderabad ISB, Hyderabad 27-Jun-08 6:00 PM- 7:30 PM
Allahabad Reliance Web World @ Balson 28-Jun-08 5:30 PM – 7:00 PM
Gwalior Reliance Web World @ Gwalior 28-Jun-08 5:30 PM – 7:00 PM
Agra Reliance Web World @ Kamla Nagar 28-Jun-08 5:30 PM – 7:00 PM
Patna Reliance Web World @ Fraser Road 28-Jun-08 5:30 PM – 7:00 PM
Ranchi Reliance Web World @ Club Complex 28-Jun-08 5:30 PM – 7:00 PM
Hyderabad ISB, Hyderabad 4-Jul-08 6:00 PM- 7:30 PM
Kolhapur Reliance Web World @ Kolhapur 5-Jul-08 5:30 PM – 7:00 PM
Aurangabad Reliance Web World @ Aurangabad City 5-Jul-08 5:30 PM – 7:00 PM
Nasik Reliance Web World @ Nasik Road 5-Jul-08 5:30 PM – 7:00 PM
Belgaum Reliance Web World @ Belgaum 5-Jul-08 5:30 PM – 7:00 PM
Sholapur Reliance Web World @ Sholapur 5-Jul-08 5:30 PM – 7:00 PM
Hyderabad ISB, Hyderabad 11-Jul-08 6:00 PM- 7:30 PM
Ahmadabad Reliance Web World @ CG Road 12-Jul-08 5:30 PM – 7:00 PM
Vadodara(Baroda) Reliance Web World @ Fatehgunj Baroda 12-Jul-08 5:30 PM – 7:00 PM
Surat Reliance Web World @ Parle Point 12-Jul-08 5:30 PM – 7:00 PM
Rajkot Reliance Web World @ Neptune Towers 12-Jul-08 5:30 PM – 7:00 PM
Jaipur Reliance Web World @ City Center 12-Jul-08 5:30 PM – 7:00 PM
Hyderabad ISB, Hyderabad 18-Jul-08 6:00 PM- 7:30 PM
Cochin Reliance Web World @ Alwaye 19-Jul-08 5:30 PM – 7:00 PM
Trivandrum Reliance Web World @ Vazhutacaud 19-Jul-08 5:30 PM – 7:00 PM
Mangalore Reliance Web World @ Bunts Hostel Circle 19-Jul-08 5:30 PM – 7:00 PM
Mysore Reliance Web World @ Devraj Urs Road 19-Jul-08 5:30 PM – 7:00 PM
Bhubaneswar Reliance Web World @ Fortune Towers 19-Jul-08 5:30 PM – 7:00 PM
Hyderabad ISB, Hyderabad 25-Jul-08 6:00 PM- 7:30 PM
Hyderabad ISB, Hyderabad 1-Aug-08 6:00 PM- 7:30 PM
Hyderabad ISB, Hyderabad 8-Aug-08 6:00 PM- 7:30 PM
Hyderabad ISB, Hyderabad 22-Aug-08 6:00 PM- 7:30 PM
Hyderabad ISB, Hyderabad 29-Aug-08 6:00 PM- 7:30 PM
Hyderabad ISB, Hyderabad 5-Sep-08 6:00 PM- 7:30 PM
Hyderabad ISB, Hyderabad 19-Sep-08 6:00 PM- 7:30 PM
Hyderabad ISB, Hyderabad 26-Sep-08 6:00 PM- 7:30 PM
Hyderabad ISB, Hyderabad 3-Oct-08 6:00 PM- 7:30 PM
Hyderabad ISB, Hyderabad 10-Oct-08 6:00 PM- 7:30 PM
Hyderabad ISB, Hyderabad 17-Oct-08 6:00 PM- 7:30 PM
Hyderabad ISB, Hyderabad 24-Oct-08 6:00 PM- 7:30 PM
Hyderabad ISB, Hyderabad 31-Oct-08 6:00 PM- 7:30 PM
Hyderabad ISB, Hyderabad 7-Nov-08 6:00 PM- 7:30 PM
Hyderabad ISB, Hyderabad 14-Nov-08 6:00 PM- 7:30 PM
Hyderabad ISB, Hyderabad 21-Nov-08 6:00 PM- 7:30 PM
Hyderabad ISB, Hyderabad 28-Nov-08 6:00 PM- 7:30 PM

ISB in Global Top 20 !!!!!

I was greeted by some very exciting news when I woke up this morning. Indian School of Business (ISB), my alma mater, has been ranked 20th in the latest Financial Times global ranking of full-time MBA programs. Three things make this a very significant achievement:

  • This is the first time a business school from India has achieved a place in the global top 100 !
  • ISB is probably the youngest institution ever to find a place in this list. The school just started 6 years back!!
  • This is the first time ISB participated in the rankings and it achieved a position in the top 20 straightaway !!!

Way to go !!!!

ISB Info Sessions – Class of 2009

Indian School of Business (ISB) info sessions are in full swing. Click here for city-wise details in India and other countries and for registration. Details of sessions scheduled for the next few months are being posted below; please keep checking the link on the ISB site for updates:

India Locations

City

Hotel

Date

Timings

Ahmedabad

Fortune Hotel Landmark

May 12, 2007

11:00 am – 1:00 pm

Chandigarh

Hotel Mountview

May 20, 2007

1:00 pm – 4:00 pm

Chennai

Taj Connemara

May 13, 2007

10:30 am – 12.30 pm

Taj Connemara

May 13, 2007

3:00 pm – 5:00 pm

Coimbatore

The Residency

May 12, 2007

11:00 am – 1:00 pm

Guwahati

Hotel Dynasty

May 19, 2007

11:00 am – 1:00 pm

Hyderabad

Indian School of Business

May 27, 2007

11:00 am – 1:00 pm

Kolkata

Taj Bengal

May 20, 2007

10:30 am – 12.30 pm

Taj Bengal

May 20, 2007

3:00 pm – 5:00 pm

Ludhiana

Fortune Klassic

May 19, 2007

7:00 pm – 9:00 pm

Mumbai

Leela Kempinski

May 13, 2007

10.30 am – 12.30 pm

Leela Kempinski

May 13, 2007

3:00 pm – 5:00 pm

Pune

Taj Blue Diamond

May 13, 2007

10.30 am – 12.30 pm

Taj Blue Diamond

May 13, 2007

3:00 pm – 5:00 pm

Vizag

ITC Welcome Hotel

May 27, 2007

11:00 am – 1:00 pm

International Locations

ISB Information Session

Country

City

Day

Date

 

Nepal

Kathmandu

Monday

May 28, 2007

Tentative

Other International Education Fairs

Country

City

Day

Date

 

Kazakhstan

Almaty

Tuesday

June 5, 2007

Tentative

Kazakhstan

Astana

Thursday

June 5, 2007

Tentative

 

World MBA Tour

Country

City

Day

Date

 

USA

Washington DC

Tuesday

Sep 18, 2007

Tentative

Canada

Toronto

Sunday

Sep 23, 2007

 

USA

Atlanta

Tuesday

Sep 25, 2007

Tentative

USA

Chicago

Thursday

Sep 27, 2007

 

USA

Los Angeles

Saturday

Sep 29, 2007

 

USA

San Francisco

Tuesday

Oct 2, 2007

Tentative

USA

Houston

Saturday

Oct 6, 2007

 

UK

London

Saturday

Oct 13, 2007

 

The agenda for each session includes:

  • A short film on the ISB (10 mins)

  • A presentation on Admissions (50 mins)

  • Question and Answer session (60 mins)

ISB placement stats out

Indian School of Business (ISB), my alma mater, declared placement results for the recently graduated Class of 2007. Details can be found here. What pleases me more than the records that ISB continues to break every year is the following statement made by the Dean in the announcement: “We need to take a balanced view of international offers given by multinational companies. I urge everyone to use these figures in the proper context so that potential students may get the correct picture of what they can achieve in a management institution” and the fact that the report also stresses on students not just looking at money alone.

Let me try to expand on this and write quickly about what I think is important for every prospective B-School applicant to keep in mind. Placement information released by top Indian B-Schools gets splashed in the media every year and it won’t be long before this year’s ISB salary stats are the talk of the town. It is true that B-Schools try to and have to market themselves and media have to publish something sensational to grab public attention. In fact reports comparing ISB stats with IIMA stats have started to appear. What is important however is that prospective applicants, and the people who influence their decision to do an MBA and the school to do it from, read the placement information released by the institutes and associated media reports with the right perspective.

Decision to join a B-School should not be based only on the domestic/international highest salary, the average salary, the number of international placements etc. Agreed that these statistics show the respect a school has in the industry and to a great extent reflect the faith expressed by recruiters on the students of the school. What should be kept in mind however is that not all students can fit into all the job profiles offered in a B-School. This essentially means that just because someone got a salary greater than Rs. 1 crore this year doesn’t necessitate that you will be the one to get an equivalent or a higher amount next year.

Every person who joins a B-School (especially a B-School where people come in with good work experience backing them) has a particular background. Expecting that, just because one has joined a top B-school, one will be able to get any job he/she wants in any of the fields that companies come to recruit in is nothing but foolishness. It all depends on what is required to get that job and that position and whether one is qualified enough to get the same. Other things to be thought about are whether one would be happy in a job just because it pays him/her a lot of money. Is the job one that he/she would be happy doing for a long time? Money is important. But what is more important is a good role and by good role I mean a role that one considers good for oneself, not one that makes everyone feel good about him/her by virtue of the designation or the name of the organization.

In short:

  • Evaluate a B-School not just by the financial metrics but using the non-financial ones as well
  • Keep your expectations reasonable and in line with what you want to do. Do not just try to get into something only because that is what the world around you seems to be rushing into
  • Most importantly, do not do an MBA just because the world seems to be doing it. That being said, not every B-School admit is clear why he/she wants to do an MBA. But the clearer one is, the better it is for him/her.