The resource for Indian School of Business
Indian Passport Holders
|Cycle I||Cycle II|
|August 30, 2010||November 30, 2010|
|On or before November 15, 2010||On or before February 15, 2011|
|Acceptance Decision||15 days from date of offer||15 days from date of offer|
Non-Indian Passport Holders
Rolling application period: May 18, 2010 to January 15, 2011
Interview: If shortlisted, within 3 weeks one month of submission of application
Offer Decision: 3 weeks from interview date
1. Bachelor's degree
2. Preferably 2 years of full-time work experience
3. Valid GMAT Score [Institution Code: N2DJ501]
4. TOEFL [Institution Code: 9047] or IELTS [Address: PGP Admissions Office, Indian School of Business, Gachibowli, Hyderabad-500 032, India. Ph +914023187474. Fax +914023007099] score only if language of instruction during undergraduate education was not English
1. Academic Background and Analytical Abilities: Though there is no cut-off score, the rigorous programme requires candidates to have a convincing academic record.
2. Work Experience: The rich and stimulating learning experience would be well supplemented by the diverse professional experience of students.
3. Communication Skills: Strong verbal and written communication and presentation skills would be looked for in the essays and interview.
4. Leadership Potential: Previous leadership experience in work or academic life or at public level would be primarily assessed through recommendations.
5. Diversity: Diversity is sought in nationality, educational background, work experience, personal experience, goals etc.
ISB Application Form
Application Fee: Rs. 3000 (USD 75)
The ISB application includes 2 required essays and an optional essay. Re-applicants need to submit an additional essay listing changes in their profile from the previous year/s.
1.1. If we were to admit one more student to the class of 2012, make a compelling argument as to why that student should be you? (300 words max)
2. What are your short term and long term goals? How will the ISB help you achieve the same? (300 words max)
3. (Optional) Please provide additional information, that will significantly affect the consideration of your application to the ISB.
How has your profile changed from the time you last applied to the ISB? (300 words max)
Scholarship information and essay. Students interested in obtaining need based scholarship must fill and submit this along with the scholarship essay.
Why do you think that the ISB Scholarship Committee should consider you for scholarship? (300 words max)
recommended ISB Indian School of Business Hyderabad essay review, essay editing and essay writing consultancy - vibranture
A minimum of two recommendations are required as part of the application. Not more than three recommendations will be considered. You will need to submit hard copies of the evaluations/recommendations (in sealed envelopes) along with print-outs of your application form. Recommendations/evaluations should be professional and not from family members/friends.
Instruction for Evaluator: As a part of the process, please complete the information requested (hand written or type written) in the form. If you need to use additional sheets of paper, please staple them to this form and sign on each page.
1. Under what circumstances and for how long have you known the applicant? (50 words maximum)
2. Please rate the applicant's achievements when compared to those of his or her peers and mention the reference group with which you are making these comparisons. (100 words maximum)
3. Please describe, in brief, situations where the applicant displayed signs of leadership abilities and team skills. (200 words maximum)
4. Please mention two consistent strengths of the applicant and if possible provide instances where she/he demonstrated these strengths. (200 words maximum)
5. Please indicate two areas where the applicant has shown learning and improvement which would add value to his application to the ISB. (100 words maximum)
6. Please provide any other comments that you consider are relevant to the applicant's admission to the ISB, especially regarding the applicant's career in business/management. (200 words maximum)
ISB Essay 1: If we were to admit one more student to the class of 2012, make a compelling argument as to why that student should be you? (300 words max)
ISB Essay 1 Tips
The real question that is asked here is - why should Indian School of Business Hyderabad bother with you when there are a hundred other applicants with a comparable GMAT score or work experience or academics or whatever? The ISB is seeking your Unique Selling Proposition in this essay. Your primary aim in this essay will be to explain to the ISB Adcom the factors that make you different, unique and distinct.
This essay repeats itself in one form or another most years because it is a simple method for the ISB admissions committee to assess how desirable a candidate you are for the ISB. The essence of the prompt in this essay can be better understood through previous ISB application essay questions.
2009-2010: Give 3 reasons as to why you should be selected to the class of 2011. These reasons should ideally differentiate you from the applicant pool and should be backed with some data.
2008-09: Please give three reasons why ISB should admit you into the class of 2010. These reasons should ideally differentiate you from your competition.
2007-08: The ISB culture stresses on a diverse mix of students; life at the ISB is a unique experience for the students. How will your candidature contribute to this culture at the ISB?
An excellent preliminary preparation for this essay would be to look at these older essays and formulate rough answers for each.
Since differentiating yourself within the context of the ISB class profile will be critical to your candidature, ask yourself what genuinely sets you apart. What are your greatest strengths? What are your greatest achievements? What are the characteristics that you believe will differentiate you in a group of high-reaching professionals? What are the qualities that have aided most in your past personal/professional accomplishments? Choose from your achievements, your hobbies, your academics, your personality traits, your passions, your work experiences, your life experiences, your attitude. Sell whatever you feel can sell well - and credibly. Whether you want to go with a single theme or multiple reasons - be clear, concise (300 words cannot support long stories) and completely credible.
To write credibly about the differentiation you bring, the value you add to the Indian School of Business and where/why you fit in at the ISB you will require some knowledge of the ISB and the ISB student profile. Create a word picture of a person who can add definite value to the Indian School of Business Class of 2012.
Give short examples whenever possible. To build the information base for the essay you should not mind knocking at many doors. Your friends, colleagues and family are excellent sources for giving you obvious answers which you might have easily overlooked. But the person who knows you best will always be the one you see in the mirror.
As always, remember that this essay is part of a bigger package and write accordingly. Please ensure that the strengths/stories mentioned in this essay are complemented by the content in the other essays.
Go for it!
ISB Essay 2: What are your short term and long term goals? How will the ISB help you achieve the same? (300 words max)
ISB Essay 2 Tips
Since last year the ISB essay pack has included a straightforward career goals and "why ISB" essay. Be warned however that the simplicity of this essay prompt is deceptive. Apart from the challenge of precisely crystal ball gazing into your future and connecting ISB to that future, there are several unasked questions that we might need to answer. A look at last year's essay prompt will be a good starting point.
2009-1010: Briefly assess your career progression till date along with your assessment of your future career goals. Discuss how your career goals will be met by the ISB’s one year program.
As a first step reflect deeply (if you have not already) on your post-ISB short term and long term goals. Think about why you are taking all this trouble applying to the ISB in the first place. It is essential that you be totally realistic and as specific as possible while detailing your post-ISB goals. Be specific, both about the industry and the role you are seeking, and why. If your goals are more than ordinarily ambitious write credibly about those qualities/skills that qualify you to make those goals a reality. While credibility, logic and realism are critical the magic element that will transform your essay from a statement into a pledge would be - passion.
Identifying and expressing a logical, credible link between your career thus far (and the skills, experience, knowledge gained) and your goals is the first of the unasked questions. If possible blend in non-career aspects that are relevant to your story since your career is intricately connected to your personal life and personal goals. The main challenge here is length - so be concise.
"Why ISB" is a critical component of the question and should be dealt with application, research and intelligence. Look beyond cutting/pasting info gleaned from the ISB website and make a compelling argument that answers "Why is the ISB PGP the BEST business school program for you?" This unasked question will be critical not only for your online application but also later in your interview. Personalize your answer as much as possible and find as many matches between what ISB specifically (and if possible, uniquely) offers you and your future goals.
Having done all of the above your greatest challenge in this essay will perhaps be space - or lack of it. The Goals Essay, which various b-schools expect between 500-1500 words, will have to be completed in just 300 words. I repeat, be very stingy with words. Bear in mind that these 300 words will probably be most decisive in your ISB quest this year.
Goals, even more than other essay topics, are more a matter of credibility and logic than anything else. If you can add passion as well, you have the recipe for a beautiful and effective essay.
Go get 'em!
ISB Essay 3 [Optional]: Please provide additional information, that will
significantly affect the consideration of your application to the ISB. (300
ISB Essay 3 Tips
This essay might seem very similar to optional essay prompts from previous years. For example, 2009-2010: Please provide additional information, if any, that will significantly affect the consideration of your application to the ISB. Please do not repeat information which has already been stated elsewhere in the application. You may use this to clarify any breaks in education/work, inform about any other item which you think has not been covered elsewhere etc. However, with just two tiny essays in your kitty so far, this essays deserves a far better treatment.
Your first challenge would be to identify a suitable theme for this essay that complements and enhances the two earlier essays, without simply listing a few accomplishments and awards. Strong candidates for themes are: Career Progression, Out of work Activities/Personal Credo or Vision Statement.
Since we had just 300 words in the second essay for the goals and why ISB, a logical and fitting Career Progression story that buttresses our goals statement is welcome here. A thematic presentation of YOU unplugged - credo, tastes, passions, hobbies - uncovering you as a human being is another possibility. A Vision Statement is welcome only in those did cases where you have a truly amazing set of goals that begs further elaboration. These are just a few of the themes I have jotted down. Please do your own homework to uncover the theme that best fits your achievements, life and goals. Note down the options and go for the best!
Once you have done this, consider if there are other aspects of your candidature - negative or positive - that might need a mention here. You can address aspects potentially detrimental to your ISB candidature. Areas of underperformance (academic or professional or GMAT) or resume statistics which stick out (gaps in your employment/academics or earlier MBA) can be commented on if you have an explanation that is intelligent, interesting and credible.
Go for it!
ISB Scholarship Essay [Optional]: Why do you think that the ISB Scholarship Committee should consider you for scholarship? (300 words max)
ISB Scholarship Essay Tips
Applying for a scholarship is almost always advisable - you have little to lose and something to gain. A scholarship essay should tie in with your application and essay package, without contradicting any part of what you have already written about yourself. As the scholarship process is usually separate from the admissions process in most schools do not be afraid of repeating information that defines your strong candidature.
The ISB scholarship essay can essentially take two approaches – merit based or need based. Though merit based ISB scholarships are automatically considered, the crux of the need based essay would still need merit! The merit based approach can explain why and how your candidacy is superior to the average ISB candidate’s. It might be a recap of parts of Essay 1 and Essay 2 with additional points which might tie in with ISB’s stated aims (come on! go refer their website. now!). As the ISB admissions process is separate from the scholarship decision your scholarship essay can repeat information already mentioned in mandatory essays. The need based approach reviews your financial position and explains the strain that the ISB fees would be on you and your immediate family.
If you have more ideas I am waiting to hear them!
ISB Reapplicant Essay: How has your profile changed from the time you last applied to the ISB? (300 words max)
ISB Reapplicant Essay Tips
Apart from an extremely low applicants versus accepted ratio, ISB applicants are almost fully Indian. So the ISB Adcom is under great pressure to select the best candidates from a limited applicant pool. But there's still a door open for rejected candidates (even more so for waitlisted candidates). If you were rejected (or waitlisted) last time, use these 300 words to tell the ISB Admission Committee that there have been enough changes in your profile to justify a revaluation of your candidature.
Your aim will be to present the professional, academic and personal improvements that make you a stronger candidate for an ISB admission this year. State compelling reasons why you deserve a second chance. What steps have you taken to strengthen your ISB application? Stronger work experience, professional achievements, better GMAT, personal achievements, accomplishments on the social front, international exposure or academic accomplishments can all find place in the ISB reapplicant essay. Proactive ISB-specific steps taken by you, perhaps based on direct or indirect feedback from ISB, might prove a trump card.
Go for it!
ISB essay tips: courtesy www.vibranture.com. original content at ISB essay tips and analysis
The Pre Term comprises of a week long course enabling transition to academic and learning, an intensive course of three modules (Quantitative Methods, Accounting, Business Statistics) and orientation focusing on team work and acclimatization with ISB school.
The core courses cover Finance, Marketing, Strategy, IT and Operations and Management, taught by visiting faculty from international schools and resident faculty.
Financial Accounting in Decision Making
Statistical Methods for Management Decisions
Decision Models & Optimization
Marketing Decision Making
Leadership Development Programme
Managerial Accounting & Decision Making
Government, Society & Business
Management of Organizations
Strategic Analysis of IT
Three to five elective courses covering six major concentrations - Analytical Finance, Entrepreneurship, Information Technology Management, Operations Management, Strategic Marketing, Strategy and Leadership- can be opted during the last 4 terms.
Major Employers 
9.9 Mediaworx Pvt Ltd
A T Kearney Ltd
Accenture India Pvt Ltd
Aditya Birla Group
Amazon Development Centre
Booz Allen Hamilton
CA (India) Technologies Pvt Ltd
Castrol India Ltd
Citibank N A
Cognizant Technology Solutions
Deloitte Consulting India Pvt Ltd
Deutsche Lufthansa AG
Diamond Management & Technology Consultants
Dr Reddy's Laboratories Ltd
DSP Merrill Lynch Ltd
eBay India Pvt Ltd
Enam Securities Pvt Ltd
Ernst & Young
Fair Isaac India Software Pvt Ltd
Frost & Sullivan Pte Ltd
GE Commercial Finance
General Motors Asia Pacific
Google India Private Ltd
HCL Technologies Ltd
Hero Honda Motors Ltd
Hinduja Group India
Hindustan Coca-Cola Beverages Private Limited
Hindustan Unilever Limited
Honeywell Technology Solutions lab Pvt Limited
HT Media Ltd
Hypo Real Estate Bank International
IBM India Pvt Limited
ICICI Securities Ltd
Indu Projects Ltd
Inductis (India) Pvt Ltd
Infoedge India Ltd
Infosy BPO Ltd
Infosys Technologies Limited
Infrastructure Development Finance Co Ltd
ITC Infotech India Limited
Jindal Steel & Power Ltd
Jones Lang LaSalle Meghraj
Kotak Mahindra Bank
Mayfair Housing Pvt Ltd
McKinsey & Company
MindTree Consulting Ltd
Morgan Stanley India Company
National Institute for Smart Government
Oracle India Pvt Ltd
Rabo India Finance Limited
Satyam Computer Services Ltd
Standard Chartered Bank
Stern Stewart & Co
Tech Mahindra Ltd
The Boston Consulting Group (India) Private Limited
Trilogy E-Business Software India Pvt Ltd
TVS Motor Company
Universal Consulting India Pvt Ltd
Virtusa India Private Limited
Vodafone Essar Limited
Yes Bank Limited
Zensar Technologies Ltd
|Average Age||Average Work Experience||Students||Total Companies||International Companies||Total Offers||International Offers|
|Average International CTC (in $)||88000||66000||90000||100000||120700||135000||144812|
|Average Domestic CTC (in Rs.)||850000||830000||905000||1305000||1170000||1503000||1900000|
INDUSTRY-WISE OFFERS (%)
FUNCTION-WISE OFFERS (%)
Sales & Marketing
INTERNATIONAL REGION-WISE OFFERS (%) 2008
|Region||Number of Offers|
|UK & Europe||32|
CAREER SHIFTS (%) 2008
Total number of students shifting
|Shift within same industry||21%|
|Shift within same function||10%|
|Both functional & industry shifts||50%|
General trends: Entrepreneur to Private equity; Merchant Navy to Port Management; IT Engineering to Management Consulting
Incoming Vs Outgoing
Incoming Vs outgoing salary ratio of women at ISB is three times while that of men is 2.5 times.
EXPERIENCE-WISE AVERAGE (2008)
|Average Incoming CTC||
Average Outgoing CTC
PRE-ISB AVERAGE (2008)
|Average Outgoing CTC||
Average Incoming CTC
FUNCTION-WISE AVERAGE (2008)
|Average Outgoing CTC||
Average Incoming CTC
|Sales & Marketing||579029||1771751|
|Others (Oil, Energy, Gas)||579029||1771751|
The Wharton school, University of Pennsylvania
The Kellogg school of Management, Northwestern University
London Business School
Selection: Bidding of 3 course of which one can be attended
Criteria: Free of any honour code violation, No "F" grade in any course for any reason, ISB CGPA above 2.5
EXCHANGE PROGRAM NETWORK
Bocconi University (MSc) - Italy
Cheung Kong Graduate School of Business - China
College of Commerce, National Chengchi University - Taiwan
Darden School of Business, University of Virginia - USA
ESADE Business School - Spain
Fuqua School of Business, Duke University - USA
Haas School of Business, University of California Berkeley - USA
HEC School of Management - France
IE Business School - Spain
IESE Business School, University of Navarra - Spain
Joseph L. Rotman School of Management, University of Toronto - Canada
KAIST Graduate School of Business - Korea
Kellogg School of Management, Northwestern University - USA
Kenan Flagler Business School, University of North Carolina - USA
Judge Business School, University of Cambridge - UK
Lahore University of Management Sciences - Pakistan
London Business School - UK
Melbourne Business School, University of Melbourne - Australia
NUS Business School, National University of Singapore - Singapore
Otto Beisheim Graduate School of Management, WHU - Germany
Queen's School of Business, Queen's University -Canada
Rotterdam School of Management, Erasmus University - Netherlands
School of Business and Management, The Hong Kong University of Science and Technology - Hong Kong
School of Economics and Management, Tsinghua University - China
Schulich School of Business, York University - Canada
SDA Bocconi School of Management (MBA), Bocconi University - Italy
The China Europe International Business School - China
The Fletcher School, Tufts University - USA
The Leon Recanati Graduate School of Business, Tel Aviv University – Israel
Thunderbird School of Global Management - USA
The Wharton School, University of Pennsylvania - USA
Tuck School of Business, Dartmouth College - USA
University of Cape Town Graduate School of Business – South Africa
|ISB Alumni Association Membership Fee||10000||210||10000||210|
Along with scholarship information and essay, proof of Income (Last drawn salary slip, if employed or Income-tax returns, if self employed) of applicant, parents and spouse (if currently working) are required for submission. Each year, outstanding students win (need and merit based) scholarships as fee remissions, the amounts vary.
1. Cognizant - B'izard
Amount: Rs. 300000, Rs. 200000, Rs. 100000 (one each)
Criteria: non-receipt of any other scholarship from ISB; not being on rolls or employment while at ISB
Selection: essay along with application, recommendation from faculty, short-listing, interview
Amount: USD 12500 (4 to 6 students)
Criteria: merit based - exceptional academic record, outstanding GMAT, consistent social contribution, work experience with leadership and business potential
Selection: essay, short-listing, interview
3. Csquare Learnings Pvt. Ltd.
Amount: Rs. 100000 (5 student)
Criteria: GMAT student of Csquare
Selection: ISB admission offer, Csqaure receipt, student ID card
Amount: Rs. 400000 (3 students)
Criteria: merit & need based - women who completed schooling from non A class towns
Date: Not applicable
5. TATA Motors
Amount: Rs. 300000 (3 students)
Criteria: engineers with 3-6 years of experience in Oil/FMCG/Manufacturing/Consumer Durables/Energy, minimum GMAT score of 700, excellent academic record
Selection: application, proof of income
6. Nurture India
Amount: Rs. 400000 (1 student)
Criteria: need based
Selection: sole breadwinner of family with dependants with little or no income
Date: Not applicable
7. Manhattan Review Scholarship
Amount: Rs. 100000 (5 students)
Criteria: GMAT Student of Manhattan Review
Selection: Manhattan Review receipt, student ID Card
Date: Not applicable
7. Jamboree India Talent Promotion Award
Amount: Rs. 100000 (upto 5 students)
Criteria: need and merit based
Selection: application, proof of income, Jamboree India receipt
Date: along with admission
Amount: 75% of tuition fee (3 students)
Criteria: merit-based - non-Indian passport holders, members/alumni of AIESEC
Selection: essay, selection
Date: along with admission
2. International Diversity Scholarship
Amount: USD 5000 - 10000
Criteria: merit-based - non-Indian passport holders
Selection: application, selection
Date: along with admission
Amount: USD 1000 t0 45000 or cost of education
Bank: Bank of America
Repayment: 10-25 years
2. Loans from Indian banks and institutions: The main advantage is that the loans are provided without any collateral.
|Andhra Bank||HDFC Bank||Union Bank of India||State Bank of India|
|Maximum Loan Amount||20 Lakhs or 90% of cost (including insurance cover)||20 Lakhs or 95% of cost (including insurance cover)||20 Lakhs or 95% of cost (including insurance cover)||20 Lakhs or 95% of cost (including insurance cover)|
|Interest Rate||10% floating for females, 10.5% floating for males||10.5% for loan with collateral, 11.25% for loan without collateral||10% fixed for females, 10.5% fixed for males||10.5% floating|
|Repayment Period||5-7 years||5 years||7 years||7 years|
|Moratorium||18 months||15 months||18 months||15 months|
|EMI||-||-||To be announced||-|
|Security||Co-obligation of earning parents or spouse||
of earning parents or spouse upto 15 Lakhs + Lien in ISB Certificate &
2. FD/Property/LIC/KVP for loan above Rs. 15 Lakhs
|Co-applicant or personal guarantor||Guarantee of earning parents, guardian or third party for loan above Rs. 75. Lakhs|
|Insurance Cover||On loan amount availed||On loan amount availed||On loan amount availed||On loan amount availed|
3. Educational loans for Nepalese citizens
|Bank of Kathmandu|
|Maximum Loan Amount||NPR 5 million or 90% of cost|
|Interest Rate||9.5 % (fixed)|
|EMI - Standard||NPR 1294 per one hundred thousand|
|Security||Registered mortgage over real estate|
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