The Indian School of Business (ISB) is a

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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, or ...

established in India in 2001. It has two parallel campuses in India, in

Hyderabad Hyderabad ( ; , ) is the capital and largest city of the Indian state of Telangana and the ''de jure'' capital of Andhra Pradesh. It occupies on the Deccan Plateau along the banks of the Musi River, in the northern part of Southern Indi ...

(

Telangana Telangana (; , ) is a state in India situated on the south-central stretch of the Indian peninsula on the high Deccan Plateau. It is the eleventh-largest state and the twelfth-most populated state in India with a geographical area of and 35 ...

) and

Mohali Mohali, officially known as Sahibzada Ajit Singh Nagar, is a planned city in the Mohali district in Punjab, India, which is an administrative and a commercial hub lying south-west of Chandigarh. It is the headquarters of the Mohali district. ...

(

Punjab Punjab (; Punjabi Language, Punjabi: پنجاب ; ਪੰਜਾਬ ; ; also Romanization, romanised as ''Panjāb'' or ''Panj-Āb'') is a geopolitical, cultural, and historical region in South Asia, specifically in the northern part of the I ...

). 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 fir ...

EQUIS The EFMD Quality Improvement System (EQUIS) is an international school accreditation system. It specializes in higher education institutions of management and business administration, run by the European Foundation for Management Development (EFM ...

AACSB The Association to Advance Collegiate Schools of Business, also known as AACSB International, is an American professional organization. It was founded as the American Assembly of Collegiate Schools of Business in 1916 to provide accreditation to ...

) upon achieving AMBA accreditation on 12 May 2020. ISB is currently the highest ranked business school in India as ranked by the

Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also r ...

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, 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 Rajat Kumar Gupta (; born ) is an Indian-American businessman and convicted felon who, as CEO, was the first foreign-born managing director of management consultancy firm McKinsey & Company from 1994 to 2003. In 2012, he was convicted for insider ...

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 (representi ...

, 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, ...

and Kellogg. Pramath Sinha, then a junior partner at McKinsey in India, was persuaded to take a

leave of absence The labour law concept of leave, specifically paid leave or, in some countries' long-form, a leave of absence, is an authorised prolonged absence from work, for any reason authorised by the workplace. When people "take leave" in this way, they are ...

to be the school's first dean.

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 The chief minister of Andhra Pradesh is the chief executive of the Indian state of Andhra Pradesh. In accordance with the Constitution of India, the governor is a state's '' de jure'' head, but '' de facto'' executive authority rests with th ...

Sri N. Chandrababu Naidu 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 A prime minister, premier or chief of cabinet is the head of the cabinet and the leader of the ministers in the executive branch of government, often in a parliamentary or semi-presidential system. Under those systems, a prime minister is ...

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 i ...

, and was inaugurated in December 2012 by the then Union Minister of Finance, P. Chidambaram.

Campuses

The Indian School of Business has two parallel campuses in

and

Hyderabad campus

It is the older campus and was designed by

Vikram Lall Vikram Lall (died 27 December 2020) was an Indian architect and the principal architect and partner of Lall & Associates. Biography Lall had a bachelor's degree in Architecture from the Chandigarh College of Architecture and had a master's degr ...

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

and

. ISB became the 100th Triple Accredited institution in the world upon achieving

accreditation on 12 May 2020. ISB is not accredited by the

All India Council for Technical Education The All India Council for Technical Education (AICTE) is a statutory body, and a national-level council for technical education, under the Department of Higher Education. Established in November 1945 first as an advisory body and later on in ...

(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 Naturalizati ...

(USCIS) has ruled that for the purposes of

US Visa The visa policy of the United States consists of the requirements for foreign nationals to travel to, enter, and remain in the United States. Visitors to the United States must obtain a visa from one of the U.S. diplomatic missions unless they ...

and Green Cards, the post-graduate PGP certificate awarded by ISB is not equivalent to a

Master of Business Administration A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounti ...

degree, unlike similarly named certificates awarded by the

Indian Institutes of Management The Indian Institutes of Management (IIMs) are central government-owned-public business schools for management offering undergraduate, postgraduate, doctoral and executive programmes along with some additional courses in the field of busines ...

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 Fletcher School of Law and Diplomacy is the graduate school of international affairs of Tufts University, in Medford, Massachusetts. The School is one of America's oldest graduate schools of international relations and is well-ranked in it ...

. 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 ''

'' 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

Best Business Schools 2019 rankings ISB is ranked 44th Globally (No.1 from India) in the

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 ''Bloomberg Businessweek'', previously known as ''BusinessWeek'', is an American weekly business magazine published fifty times a year. Since 2009, the magazine is owned by New York City-based Bloomberg L.P. The magazine debuted in New York City ...

'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 *

Ankur Warikoo Ankur may refer to: * ''Ankur'' (film), a 1974 Hindi film * Ankur (food), edible sprouts * Ankur (name) {{Disambig