The Indian School of Business (ISB) is a private

business school A business school is a higher education institution or professional school that teaches courses leading to degrees in business administration or management. A business school may also be referred to as school of management, management school, s ...

with campuses in

Hyderabad Hyderabad is the capital and largest city of the Indian state of Telangana. It occupies on the Deccan Plateau along the banks of the Musi River (India), Musi River, in the northern part of Southern India. With an average altitude of , much ...

and

Mohali Mohali, officially Sahibzada Ajit Singh Nagar or Ajitgarh, 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 M ...

, India. It offers various

post-graduate Postgraduate education, graduate education, or graduate school consists of academic or professional degrees, certificates, diplomas, or other qualifications usually pursued by post-secondary students who have earned an undergraduate (bachelor' ...

management programs.

History

The Indian School of Business (ISB) was started in 1996 by a bunch of businessmen and academics. Co-founders

Rajat Gupta Rajat Kumar Gupta (; born ) is an Indian-American business executive 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 of insider trading and ...

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 (informally McKinsey or McK) is an American multinational strategy and management consulting firm that offers professional services to corporations, governments, and other organizations. Founded in 1926 by James O. McKinse ...

, directed teams of McKinsey consultants to start the school. Gupta recruited

U.S. The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 states and a federal capital district, Washington, D.C. The 48 contiguous ...

business leaders while Kumar recruited Indian leaders for its executive board. Formal partnerships were established with international business schools Wharton and Kellogg. Pramath Sinha, then a junior partner at McKinsey in

India India, officially the Republic of India, is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area; the List of countries by population (United Nations), most populous country since ...

, 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 ar ...

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 head of the Godrej family, chairman of the Godrej Group. , he has a net worth of US$3.8 billion. In October 2024, Adi and Nadir Godrej were ranked 21st on Forb ...

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 the ch ...

Sri

N. Chandrababu Naidu Nara Chandrababu Naidu (; born 20 April 1950), commonly known as CBN, is an Indian politician who is currently serving as the 13th Chief Minister of Andhra Pradesh. He holds the record of longest-serving Chief Minister in the political histor ...

played an important role for establishment of ISB in

. The foundation stone for the campus was laid in 1999 and was inaugurated by

Prime Minister A prime minister 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. A prime minister is not the head of state, but r ...

Atal Bihari Vajpayee Atal Bihari Vajpayee (25 December 1924 – 16 August 2018) was an Indian poet, writer and statesman who served as the prime minister of India, first for a term of 13 days in 1996, then for a period of 13 months from 1998 ...

in 2001. The Government of Punjab sanctioned the Mohali Campus in 2010; its foundation stone was laid in September 2010 by Punjab Chief Minister

Parkash Singh Badal Parkash Singh Badal (8 December 1927 – 25 April 2023) was an Indian politician and Sikh rights advocate who served as the 8th Chief Minister of Punjab from 1970 to 1971, from 1977 to 1980, from 1997 to 2002, and from 2007 to 2017, the longes ...

, 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 o ...

Dipak Jain Dipak Chand Jain is Co-President and Global Advisor of China Europe International Business School. He previously was the Director (Dean) of Sasin Graduate Institute of Business Administration of Chulalongkorn University in Bangkok, Thailand. T ...

Raghuram Rajan Raghuram Govind Rajan (born 3 February 1963) is an Indian economist and the Katherine Dusak Merton Miller, Miller Distinguished Service Professor of Finance at the University of Chicago's Booth School of Business. Quote: "I am an Indian citizen ...

, Madhav Rajan are famous Indian academics who teach an
research
at ISB

Campuses

The Indian School of Business has two parallel campuses in

Telangana Telangana is a States and union territories of India, state in India situated in the Southern India, south-central part of the Indian subcontinent on the high Deccan Plateau. It is the List of states and union territories of India by area, ele ...

and

Punjab Punjab (; ; also romanised as Panjāb or Panj-Āb) is a geopolitical, cultural, and historical region in South Asia. It is located in the northwestern part of the Indian subcontinent, comprising areas of modern-day eastern Pakistan and no ...

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, urban design, planning, strategic consulting, and interior design firm. Headquartered in New York City, the firm is led by founding Principals Bradford Perkins (architect), Bradford Perkins and M ...

Architects led by Aaron Schwarz. 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 The EFMD Quality Improvement System (EQUIS) is a business school accreditation managed by Brussels based EFMD. It provides accreditation for higher education institutions of management and business administration and is run by the European Fou ...

and

AACSB The Association to Advance Collegiate Schools of Business (AACSB) is an American professional and accreditation organization. It was founded as the American Assembly of Collegiate Schools of Business in 1916 to provide accreditation to business ...

. 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 (India), Department of Higher Education. Established in November 1945 firs ...

(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 (USCIS) has ruled that for the purposes of US Visa 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) is a professional degree focused on business administration. The core courses in an MBA program cover various areas of business administration; elective courses may allow further study in a particular ...

degree, unlike similarly named certificates awarded by the

Indian Institutes of Management The Indian Institutes of Management (IIMs) are Centrally Funded Business Schools for management offering undergraduate, postgraduate, doctoral and executive programmes along with some additional courses in the field of business administra ...

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. Fletcher is one of America's oldest graduate schools of international relations. As of 2017, the student b ...

. 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 The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Jap ...

'' has ranked ISB 31st in its Global MBA Ranking 2024. The ''

Quacquarelli Symonds Quacquarelli Symonds (QS) is a higher education analyst and a for-profit services provider headquartered in London with offices in Europe, Asia, and the Americas. History The company was founded by Nunzio Quacquarelli in 1990 to provide informati ...

'' ranked ISB 86th in the world and 11th in Asia in the

QS World University Rankings The ''QS World University Rankings'' is a portfolio of comparative college and university rankings compiled by Quacquarelli Symonds, a higher education analytics firm. Its first and earliest edition was published in collaboration with '' Times ...

Global MBA Rankings 2025. The EMBA plan was ranked in the 101-110 band in the world and 13 in Asia by the ''QS World University Rankings'' in 2024.

Notable alumni

Business

* Nipun Malhotra, Founder, Nipman Foundation. *

Aman Gupta Aman Gupta (born 4 March 1982) is an Indian entrepreneur and angel investor. He is the co-founder and CMO of Indian electronics brand boAt Lifestyle. He is a judge and investor in Sony TV's business reality show '' Shark Tank India''. Early ...

, Co-Founder & CMO, boAt Lifestyle.

Arts, Entertainment, and Writing

Shilpa Singh Shilpa Singh is an Indian singer, dancer, model and beauty pageant titleholder. She was the runner-up at I AM She – Miss Universe India 2012. She represented India at the Miss Universe 2012 pageant at Las Vegas and became one of the semi-final ...

, Miss Universe India 2012 * Runki Goswami, Indian Classical singer and composer. * Namrata Brar, Indian-American journalist *

Shvetha Jaishankar Shvetha Jaishankar (born 11 December 1978) is an Indian model, author, entrepreneur, writer, dancer and beauty pageant titleholder. She won the title at the Femina Miss India International 1998 and later was crowned as the second runner up at ...

(MBA 04), Co-founder Globosport, Miss India International 1998, and Author. * Ravinder Singh, Author.

Sports

* Anshul Kothari, Indian swimming team. *

Viren Rasquinha Viren Wilfred Rasquinha (born 13 September 1980) is an Indian former field hockey player and captain of the Indian national team. He was a member of the team that competed at the 2004 Athens Olympics. He quit international hockey in 2008 to ...

(MBA 09) - Former Indian Olympic Hockey player.

References

External links

*
ISB Executive Education

ISB Online
{{DEFAULTSORT:Indian School Of Business Indian School of Business 2001 establishments in Andhra Pradesh Research institutes in Punjab, India Education in Mohali Educational institutions established in 2001 2012 establishments in Punjab, India