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POST GRADUATE PROGRAMME

IN MANAGEMENT, 2014-2015

Destiniesshaped by

belief.

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Following the trailof conviction leads

to transformation.There are believers, and there are cynics.

The cynic looks at the glass as half empty.

The believer just sees room for improvement.

The cynic looks at the tides of recession

and mourns its ebb. The believer unearths

a million new opportunities in the sands.

The cynic thinks about changing jobs.

The believer thinks about changing the world.

The cynic reads this and sees a management course.

The believer reads this and sees a lifetime of learning.

No matter what you believe in, we’d first like to know if you believe in yourself.

Because the world has enough cynics already. Believers, this way please.

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Contents

Dean’s Message 01

Wellsprings of Excellence 03

Learning Model 06

Faculty 09

Industry Interface 11

PGP Class Profile 2014 13

Student Clubs and Initiatives 15

Centres and Institutes 17

International Exchange Programmes 18

The ISB Alumni Network 20

Careers & Placements 32

Life at ISB 35

Admissions 37

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Dean’s message

Greetings!

You are at an inflection point in your career. Your decision

to pursue a programme in Management is an important one,

and demonstrates your desire to transform yourself. Quite

apart from the obvious impetus in terms of success in your

career, this is the first step towards becoming a leader.

Our alumni over the years have often remarked that their

year at ISB was a truly transformational one. Why would

they say so, you may ask?

The year at ISB will allow you to learn, think, try, reflect

and grow because the programme at ISB demands it of you.

While you will expand your skills and knowledge, you will

also be challenged into performing your best by students,

who come from all over India and around the world. You will

question your beliefs while strengthening your core values.

You will learn to lead because ISB embodies leadership

through synergy.

Over a typical year, you will be exposed to some of the best

minds from around the world - resident and visiting faculty,

leaders from industry and government, and with other

students. As you actively engage and debate in this melting

pot of ideas, you will feel the bounds of your own thinking

expand. You will learn to have faith in your abilities and the

courage to take risks, for true leadership requires both. You

will learn to make a difference along the way.

I thank you for your interest in our programme, and wish

you all the best.

Ajit Rangnekar

Dean

01 Post Graduate Programme in Management

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02Post Graduate Programme in Management

Post GraduateProgramme

in ManagementThe Post Graduate Programme in Management (PGP) is a one-year, full-time

residential programme ideal for young working professionals. The programme

provides diverse learning opportunities through interactions with global faculty,

a highly qualified peer group, experiential learning, industry interventions,

international exposure, and more. The pedagogy is designed to help you

leverage your work and life experiences.

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Wellspringsof excellence:

Hyderabad | MohaliTwo Campuses, One Class


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The PGP is concurrently delivered across ISB’s

two campuses - Hyderabad and Mohali. The

School follows a unified process for admissions

and placements. So you are assured of the same

learning, career opportunities and alumni network,

irrespective of which campus you study in. Both

the campuses provide world class academic and

residential facilities that help create a perfect

balance between the rigours of intense learning and

an enriching campus life. During the programme, for

those who wish to experience the other campus or

take up electives being offered there, inter-campus

exchange opportunities are available over the

course of the year.

Academic Associations that bring in the best of Global

Management thinking into the ISB Curriculum.

ISB is the first business school in South Asia to achieve

the prestigious AACSB Accreditation, which has been

earned by less than 5% of the world’s business schools.


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Learning Model


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Core courses

The programme comprises Core Courses and Elective Courses.

Core courses are taught in the first four terms of the Post

Graduate Programme in Management. Each term comprises

a full-time course load of 4-5 subjects. The core courses

taught across all your terms at ISB include the basics of

Finance, Strategy, Marketing, Operations and Organisational

Behaviour. These courses are taught by outstanding resident

faculty and visiting faculty selected from renowned business

schools around the world. The Core Courses include:

• Financial Accounting and Decision Making

• Marketing Management

• Managerial Economics

• Statistical Methods for Management Decisions

• Competitive Strategy

• Decision Models and Optimisation

• Global Economics

• Marketing Decision Making

• Corporate Finance

• Managerial Accounting and Decision Making

• Operations Management

• Management of Organisations

Specialisations and Electives* ISB offers around 80 electives that help students build on their

interests. During the last four terms, students can opt to take

16 to 19 elective credits. Registration for courses is through

a bidding process. Courses are combined to offer students

the following six concentrations or majors:

Entrepreneurship, Finance, Information and Technology

Management, Operations Management, Marketing,


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Strategy & Leadership, Healthcare and Manufacturing.

Certain popular elective courses may be offered in more

than one term.

Practicum courses

Apart from regular classroom learning, the curriculum

integrates a large amount of applied learning in the form of

practicum courses. Therefore you start applying what you are

taught, even as you learn. The Post Graduate Programme is

supported by the following learning interventions:

Leadership Development Programme (LDP)

LDP helps you develop your own style of leadership.

It catalyses individual growth through a three-fold

approach of self-reflection, peer evaluation and facilitator

intervention.

Experiential Learning Programme (ELP)

The ELP allows you to work on real world business

issues through live projects offered by companies

and organisations. It enables you to apply your learning

outside the classroom setting and gain new perspectives

on business.

Planning an Entrepreneurial Venture (PaEV)

The PaEV offers you guidance on how to set up your

own enterprise. Through this elective, you will get

an exciting introduction to the process and practice

of entrepreneurship and new venture creation.

Wharton Global Consulting Practicum (WGCP)

WGCP is a cross-functional, globally oriented programme

that exposes you to the problems of international business

and equips you with consulting skills. With WGCP,

students from Wharton and the ISB jointly help US

and Indian companies enter or enhance their positions

in the North American or Indian markets.

Independent Study (INDS)

The Independent Study course allows you to explore

areas of interest that may not be covered in the

curriculum. You have the option of working on

an independent study project with another peer under

the guidance of a faculty member.

Faculty Initiated Research Project (FIRP)

The faculty members involve students in their research,

which provides significant mutual learning opportunities.

Such research projects are designed and supervised by

the faculty, and you are expected to complete the project

within the stipulated time.

*Curriculum Review

The ISB periodically reviews its curriculum to

update it for cutting-edge management thought,

pedagogy, student and industry needs. The

curriculum to be offered for class joining in

2014 will have greater depth in specialisations,

by making certain electives for each area

of specialisation mandatory. For instance,

a student intending to specialise in Marketing

will have to take a pre-designated mandatory

elective in Marketing. The student is then free

to choose other subjects in that area to satisfy

the requirement of credits to qualify for a

specialisation in that area. The overall course

structure incorporating this change will be

finalised by early August 2013.


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The ISB’s unique portfolio faculty model brings together

a strong team of resident faculty and international faculty

from leading B-Schools around the world. The resident

faculty at the school are actively involved in academic

as well as industry-related research. This gives you an

insight into emerging trends in business focused on new

economies. The school also plays host to faculty from

renowned schools such as Wharton, Kellogg, London

Business School, Cornell, Duke and UCLA, amongst others.

Faculty:The best minds from across the world

It also brings many research scholars from around

the world on long-term sabbaticals.

Staying on campus with students, the faculty spends

considerable time shaping business perspectives directly,

like involving students in academic projects, or indirectly,

like engaging students in business discussions well after

classroom hours.


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The ISB regularly invites eminent

business leaders, professionals and

thought leaders including several

Heads of State and international

leaders to share their insights

and experiences with students.

Inspirational encounters with eminent

personalities have proved to be

enriching experiences for many

aspiring business leaders.

Some of the speakers who have

visited the ISB over the years are:

Industry Interface

Adi Godrej, Godrej Group

Daniel Vasella, Novartis

David Fischer, Facebook

George Soros, Soros Fund

Management

Habil Khorakiwala, Wockhardt

Kiran Mazumdar Shaw, Biocon

Kishore Biyani, Future Group

Lakshmi Narayanan, Cognizant

Lloyd Blankfein, Goldman Sachs

Sir Martin Sorrell, WPP Group

Michael Dell, Dell

Jeffrey Sachs, The Earth Institute

Piyush Pandey, O&M

Raghuram Rajan, IMF

Rajendra Pawar, NIIT

Ranjit Shahani, Novartis India

Ratan Tata, Tata Group

RC Bhargava, Maruti Suzuki India

Sanjay Nayar, KKR & Co

D Shivakumar, Nokia

D Subbarao, Reserve Bank of India

Sunil Kant Munjal, Hero MotoCorp

Thomas L Friedman

Vinod Khosla, Khosla Ventures


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12

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PGP Class Profile 2014

Learn from the rich experience

around youThe learning that you gain from peer interactions is as

important as what you gain in the classroom. Having a

diverse peer group on campus exposes you to different

cultures, ideas, and perspectives. ISB’s admissions

process is designed to build a student body composed

of professionals from different backgrounds in terms

of educational qualification, work experience, industry

exposure, functional expertise, and other such traits.

Study groups

During the course of the programme, students

are expected to work on several group assignments

and projects. While some groups are self-selected,

many are assigned by the school or faculty. This is done

to ensure that each study group has a mix of students

from diverse backgrounds and opinions which push the

boundaries of your thinking and force you to enhance your

collaborative skills.


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12% Others

17% Consulting

13% Banking / Finance

9% Oil / Energy

7% Manufacturing

5% Telecom

5% Govt / PSUs / NGOs / Forces

4% FMCG / Retail

3% Engineering

2% Pharma / Biotech / Healthcare

2% Infra / Construction

2% Advtg / Media / Comm

2% High Tech Electronics

Industry distribution:

Hyderabad

8%

Others

3% Advtg / Media / Comm

4% Engineering

4% Govt / PSUs / NGOs / Forces

5% Pharma / Biotech / Healthcare

5% Telecom

6% FMCG / Retail

7% Manufacturing

21% IT / ITES

17% IT / ITES

15% Consulting

11% Oil / Energy

11% Banking / Finance

Industry distribution:

Mohali

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Maximise on your interest areas

Student clubs are an important part of the learning

and cultural environment at ISB. Formed by functional

or industry interest areas, and driven by the students

themselves, the clubs help you stay in touch with

developments in those areas. Being a part of the clubs

also gives you opportunities to engage and interact with

industry leaders during the several sessions organised as

part of the club mandate.

ISB currently has the following professional clubs:

• Business Technology Club

• Consulting Club

• Emerging Markets Club

• Energy, Manufacturing & Operations Club

• Entrepreneurship & VC Club

• Finance Club

• General Management Club

Student Clubs

• Healthcare Club

• Marketing Club

• Media Club

• Net Impact Club

• Srei Infrastructure Club

• Retail Club• Women in Business Club

In addition to the professional clubs, ISB is also home

to many social, sports and hobby clubs through which

students schedule their meets and events all through

the year.

• Arts & Creativity Club

• Dance Club

• Music Club• Photography Club

• Sports Club

• Toastmasters Club

12 SocialClubs14 ProfessionalClubs


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Student Initiatives

The world is your stage

There are several initiatives at the ISB that help students

pursue professional and personal interests through events,

workshops and interactions on diverse subjects. Students

also participate in several national and international

B-School events, with many winning business plan

competitions across the globe. The following events are

organised by various student bodies on campus, and have

been popular across classes:

• Ikshaa - Marketing Summit• Healthcare and Pharma Conclave

• Mercado - Retail Conclave

• Artha - ISB Annual Finance Conclave

• Capital Markets and Private Equity Conference

• Talent Management Conclave

• Social Responsibility Conclave

• Media Conclave

• General Management Conclave

• Hospitality Conference

• Retail Conclave

• Entrepreneurship and Venture Capital Conclave

• Business Technology Club Conclave

• Energy Conclave

• Real Estate and Infrastructure Summit

• Women in Business Conclave

• ISB Leadership Summit


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The Centres of Excellence and Institutes at the ISB serve

as a bridge between the industry and academia. They are

involved in education, research and outreach activities

to promote knowledge creation and dissemination. Often,

students are involved in organising events like seminars,

conferences and industry leader visits in conjunction with

the Centres. This helps them get an insider’s perspective

into the area the Centre is dedicated to.

Apart from the Centres, the ISB has set up dedicated

Institutes at the Mohali campus. In addition to conducting

research and outreach activities, these Institutes also offer

a specialisation in the PGP. So you can opt to take up a

dual specialisation, such as Finance and Healthcare, or

Manufacturing and Strategy, as part of your programme.

Centres of Excellence

• Centre for Analytical Finance (CAF)

• Centre for Emerging Markets Solutions (CEMS)

Centres and Institutes

• Centre for Investment (CI)

• Centre for Leadership, Innovation, and Change (CLIC)

• Indu Centre for Real Estate and Infrastructure (ICREI)

• Srini Raju Centre for Information Technology

and the Networked Economy (SRITNE)

• Centre for Teaching, Learning, and Case

Development (CTLC)

• Wadhwani Centre for Entrepreneurship

Development (WCED)

• Family Business and Wealth Management

Institutes

• Bharti Institute of Public Policy

• Max Institute of Healthcare Management

• Munjal Global Manufacturing Institute

• Punj Lloyd Institute of Infrastructure Management

9 Centresof Excellence 4 Institutes


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InternationalExchange Programmes

Global businesses need managers who possess the tools

required to succeed in a fast changing global Scenario:

leadership skills, cultural awareness and an understandingof how the global marketplace functions. ISB prepares you

to meet these demands with the help of the Inbound

and Outbound Exchange Programmes, built on a network

of 42 leading schools from 19 countires.

Some of the leading B-Schools in ISB’s exchange

network include:

• Bocconi University (MSc), Italy

• China Europe International Business School (CEIBS)

• ESADE Business School, Spain

• Haas School of Business,

University of California, Berkeley

• Kellogg School of Management,

Northwestern University, USA

• London Business School, UK

• Melbourne Business School,

University of Melbourne, Australia

• NUS Business School,

National University of Singapore, Singapore

• Pontical Catholic University of Chile (PUC)

• Queen’s School of Business,

Queen’s University, Canada

• Rotterdam School of Management,

Erasmus University, Netherlands

• The Fletcher School, Tufts University, USA

• The Leon Recanati Graduate School of Business,

Tel Aviv University, Israel

• The Wharton School, University of Pennsylvania, USA

• University of Cape Town Graduate School

of Business, South Africa

• University of St.Gallen, Switzerland

• WHU - Otto Beisheim School

of Management, Germany

42 ExchangeSchools 19 Countries


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United by purpose: The ISB Alumni Network


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The ISB brand is now represented by a network of 5200+

accomplished alumni working in leading companies,

government and non-profits spread across 32 countries

worldwide. Over 350 alumni are running their ventures.

The school actively supports the development of its alumni

through lifelong learning programmes combined withcareer development and other activities. The alumni too

take an active interest in the school and lend their time

and resources to participate in various school initiatives,

including admission interviews, mentoring students,

providing scholarship opportunities, and more.

Your networkaround the world


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32Countries 350Entrepreneurs


5200 + Alumni

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Kedar Lele was in a responsible position at Monster.com

when he decided he wanted more. Just being a Brand

Manager was not enough. He realised that he lacked

critical knowledge in advance marketing, operations

management, leadership and change management, which

could only be gained by attending a business school.

Kedar’s search led him to ISB, its one-year programme,

a strong network of friends and international facultylured him.

Kedar believes ISB equips students with a toolkit that

helps them overcome the relentless challenges in their

careers. The well-structured curriculum, with its use of

case studies, the valuable interactions with peers from

diverse industries and the exchanges with experienced

industrialists have helped him in his career post ISB. Even

now Kedar sometimes flips through his class notes to find

answers to some of the puzzling questions at work. And

as Head-Sales and Customer Development, Eastern region

at India’s largest FMCG company, Hindustan Unilever

Ltd, he encounters many a challenge. From leading a

dispersed team towards a larger regional goal to customer

management and category development, there are many

complexities but Kedar credits his learning at the PGP,

especially the leadership and change management courses,

for laying a strong foundation on which he relies during

times of decision making. Eventually what he learned on

campus created the basis of his leadership style.

As Kedar juggles his different roles every day, he is

“I have grown as a person post

ISB. Working in a team with a set of

outstanding people who are mature yet

competitive, brainy yet sensitive and

result-driven yet collaborative teaches

you a lot about leading teams, resolving

conflicts and delivering results. I also

learnt a lot about subjects and aspects of

business that were obscure to me, and that

has made me a better professional.”

Kedar Lele (Class of 2004)

General Manager, Hindustan Unilever Ltd

grateful to have received training in this art of juggling

while at school, where he studied, participated in activities

and worked on projects, mastering the balance between

the competitive spirit and collaborative attitude. For

Kedar, this experience stretched him both personally

and professionally, preparing him for a career where he

was ready to navigate the complexities with calm and

assuredness that a year at PGP can bring about.


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“I know businesses are for profit and

temples are not , but regardless of the

organisation’s nature, mission is the most

fundamental. My one year at ISB is helping

me to revitalise the Buddhist temples and

local communities in Japan.”

Keisuke Matsumoto (Class of 2011)

Director, Komyoji Temple, Tokyo

Keisuke Matsumoto, a young Japanese monk in a land of

over 70,000 Buddhist temples, was seeking answers.

He noticed that the temples were forlorn and even the few

people that visited only came for ceremonial rituals. The

temples also seemed to be contributing very little to the

society. He was overcome with a question: How could he

make Buddhist temples more relevant to the society such

that more people visited them?

He realised that he needed to update their management

methods to meet modern needs. This led him to ISB.

He knew he had to visit India, the land of the birth of

Buddhism and in India, there was no question of studying

management anywhere else. He arrived at the campus

with his family and for the rest of the year he immersed

himself in his studies. Irrespective of the field of work, astrong foundation in management techniques would help

him with his goal, he felt. He was right. Courses such as

marketing changed his perspective and opened his eyes

to a customer-centred view that he felt was lacking in the

conservative temples. Finding a balance between his duties

as a monk and a student, he still managed to study well

and make many friends at ISB.

Keisuke has spearheaded several other initiatives, all

aimed at increasing Buddhism’s appeal to a wider and

younger audience: a café designed to attract youth to

temples; an online Buddhist website, Higanji, that is now

one of the most popular web magazines about Buddhism

in Japan; a school for future monks, where they learn how

to manage their temples; and a non-profit organisation,

Oteranomirai (Japan Fellowship of Buddhists), that seeks

to “connect Buddhist monks with people, and maximise

the potential of Buddhism in society as the art of life.”

He was recognised for his efforts by the World Economic

Forum and nominated as a Young Global Leader.


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Viren Wilfred Rasquinha has taken whatever life gave him

and turned it into gold – with some help along the way.

At 16, as he watched a tear roll off Leander Paes’s cheek

when he won the Olympic bronze, Viren found his calling

– he had to bring home the gold. He worked toward that

dream with much gusto. Forgoing parties, he would wake

up at dawn and train to get better at his chosen sport –

hockey. After years of effort and dedication, there was

a breakthrough. At 24, he captained the Indian hockey

team post the Athens Olympics, and much later in 2012

when India won the most Olympic medals ever, Viren had

a special reason to celebrate. He had been quietly but

furiously working with the athletes, who were trained,

guided and supported by his company, Olympic Gold

Quest.

But all this was not planned. Viren had retired his hockey

stick and had arrived at ISB to embark on a simple

corporate life but as it often happens at ISB, life had

alternate plans. When some of India’s finest sportsmen -

Badminton legend Prakash Padukone and nine time world

cue sports champion Geet Sethi - approached him with

an idea, a concept for a not-for-profit institution that can

help India win Olympic medals, he believed in the mission

and bought into the idea, however audacious it sounded.

His love for sports combined with his newly-acquired

managerial skill landed him a role that was tailor made for

him – CEO, Olympic Gold Quest. The company works to

provide athletes with the best possible support in terms

of coaches, training facilities, medical support, nutrition

and equipment. Leaning into his learning from ISB,

he helped build OGQ from scratch. From an organisation

with no funds and no office space, OGQ is now a respected

organisation with Rs 4 crore in funds and many athletes

in its roster. Finally, an institution was built and India’s

hopes for Olympic medals brightened.

Viren has also received the Arjuna Award for Hockey

from President APJ Abdul Kalam in 2005, which is one

of the highest honours bestowed by the Government

of India on sportspersons.

“I have always believed that if you do your

job very well, money and fame will follow.

So I never really thought about making

money but I always thought about making

a difference. I am a very proud Indian

and I always wanted to do something for

the country, something that would make

people happy.”

Viren Wilfred Rasquinha (Class of 2009)

CEO, Olympic Gold Quest


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Change has been the only constant in Sipika’s life.

After having lived in Zambia, Muscat, Mussoorie and

Delhi, when Sipika chose ISB above other reputed

American business schools, there were some murmurs.

But Sipika arrived at ISB with a simple plan. She aspired

for a better role in consulting, a familiar field, but then

something unexpected happened. PGP cut loose a plethora

of opportunities that she did not realise existed prior

to her ISB experience. So, she did what she was really

good at. She grabbed for the opportunity. She changed

her industry from consulting to marketing, her function

from finance to healthcare and her location from India

to Switzerland. And along the way she married her peer,

Abhishek Pandey.

Sipika’s life was never quite the same.

ISB led Sipika to the opportunities that have transformed

her life. She credits the programme and her class of

talented peers for giving her the motivation to look for

challenging opportunities and the confidence to tackle

them successfully. When her first job off campus led her

to Switzerland, she counted on the alumni for assistance

and they responded. Since then she has moved three

countries and has always found a network of alumni

willing to offer support and guidance.

Professionally, her growth trajectory has been

phenomenal. By accepting new challenges and looking at

them as growth opportunities, her career has progressed.

“It was in ISB that the idea and confidence

to make a career shift struck me. I was

able to introspect and find the right kind of

profile that suited my personality, skill and

acumen.”

Sipika Singh (Class of 2004)

Marketing Director, ASEAN,

Johnson & Johnson Medical

Thanks to her grounding at ISB, she was prepared

to meet new challenges. At a time when the world

is looking towards Asia for answers, Sipika was

ready to move and well prepared to take on additional

responsibilities. She feels content in her career.

As Franchise Director in Johnson & Johnson, ASEAN,

she gets immense satisfaction and a sense of fulfilment

from the difference her work makes in the lives of patients.

Being in a leadership position as a woman can have

additional challenges but she has been focused and

driven despite the challenges. ISB’s diverse class and

opportunities for women to build a strong foundation in

business skills have moulded her into a leader that we can

look forward to in future.


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By the time Tom joined ISB, he knew India better than

anyone else in his class room.

From interior Assam to Kanyakumari, he had travelled

through the length and breadth of the nation in sleeper

trains and experienced an India, foreign to most city

dwellers. His journey had begun on a whim. Quitting a

well-payed job, he set out to experience the continent

that had captured the world’s imagination in recent times.Nine months later, he returned to the US but when he

still couldn’t shake India from his thoughts, he decided

to return. But this time he had a goal: he wanted an

education in management from a world class institute in

India. He did not think twice before joining ISB. From the

infrastructure to the faculty, he connected with the global

flavour of the school, convinced that this was the perfect

place for international students.

His career objective was to remain in the finance sector

while also working in the social sphere. Having observed

India closely, he was aware of the challenges that majority

of Indians still face – whether it is regarding finding

affordable medical treatment or solutions to agricultural

problems. He believed that through his experience in the

finance sector he could make a difference in the lives of

ordinary Indians. Luckily for him, he found that he could

combine his two passions at ISB and also get invaluable

advice from experts in this niche area that eventually led

to his future job.

While at ISB, Tom spent his year wisely, increasing his

knowledge in all aspects of the finance-social sector

area. From taking courses in rural marketing, finance

“ISB has been very important to me. As a

foreigner, my understanding of India has

been forged through my experiences at

ISB. I would not be where I am today if it

had not been for ISB.”

Thomas Raymond Hyland (Class of 2010)

Co-Founder & Partner,

Aspada Investment Advisors

and entrepreneurship, to working with centres involved

in emerging markets, he learned all that he could. He

met industrialists who visited the campus routinely

and had long discussions on the nuances in the Indian

finance system with the faculty. This knowledge helped

him in his career later when he had to navigate the

intricacies of the financial system. Nothing about the

country was alien to him and even if he had questions

in topics such as agribusiness or the medical field in

which he had little expertise, he knew he could reach

out to the many successful ISB alumni in that area. This

reassurance boosted his confidence and he pursued his

career unrestrained and unrestricted by fears of the risks

involved.

As Co-Founder and Partner at Aspada Investment

Advisors, Tom has achieved the goal that led him

to ISB, of working in venture capital investments in

underserved markets. At Aspada, Tom oversees thecompany’s early-stage investment forays in agriculture,

healthcare and education – sectors vital to the nation’s

progress.Tom believes he has the best job in the world,

one that takes him to India’s interiors in the mode

of transportation that he enjoys most – trains.


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Ankur Warikoo from the PGP Class of 2006 and co-founder

of Accentium Web is a strong believer in the digital future.

Ankur, currently the Head of Groupon Emerging Markets

(India, Thailand, Indonesia and Philippines) co-founded

Accentium Web (total of six ventures including Taaza.com,

Gaadi.com, and SecondShaadi.com) along with his friends

from ISB.

Ankur entered ISB with an eclectic background – a bit of

physics, some astrophysics and a stint as a consultant.

In a year at ISB, he learned far more than he had

envisaged. He learned that he could take risks and still

emerge successful, that he could hold his own amid a sea

of talented and opinionated professionals, and that he had

a safety net in his class of well-qualified peers to assist

him if it was required.

So armed with confidence and knowledge gained from

the PGP, he set out to make connections through Internet

portals. He, along with his peers at ISB, pooled ideas

to build websites that connected people – with each

other, with affordable vehicles, and with educational

options. It was not easy. He found it hard to convince

people that dreams matter and that pursuing his dream

was worthwhile even as he quit his high-paying job as

a consultant. But a lot had happened in a year at ISB.

His confidence was strengthened. His knowledge in the

basics of business was also strengthened. He learned by

observing and absorbing all the ideas that floated around

him. Be it from the faculty, the talented peer group or from

visiting industrialists. He had found peers that mirrored his

aspirations and this increased his motivation to succeed in

his goal of starting something anew. Ankur was prepared.

His way of thinking about problems had been transformed.

With sharpened analytical skills and the ability to think

through problems from different perspectives, he proved

his naysayers wrong. Post his exit from Accentium, an

opportunity to lead Groupon in India arose and it was

natural that he accepted. He had learned that when

opportunities presented themselves, you grabbed them.

At Groupon, he was called upon to build not just the

company’s India chapter but the whole category since

the country was still unfamiliar with the concept of local

deals. Leaning into his learning of frameworks at school,

he has hurled himself headlong into dealing with these

challenges and achieving success, one deal at a time.

Today he applies those frameworks not just in the Indian

environment but also diverse markets in South-East Asia.


“My biases before ISB were driven by my

past experience. At ISB I realised several

other dimensions of evaluating the same

situation. That transformed my way of

thinking. I took into account a lot more

lenses to view problems/ situations/ people

than I used to previously.”

Ankur Warikoo (Class of 2006)

Head of APAC Emerging Marketing, Groupon

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Aarthi joined Siemens Communications as a campus

recruit from REC, Trichy. Her work involved system

programming and learning all that is to learn in latest

technologies. She then moved to the US to join an

e-business consulting firm where her role involved

implementing e-business solutions for customers.

The global economic slowdown made her re-examine

her career as she witnessed fundamental changes

in the dynamics of her business, with offshoring

companies creating greater value for customers.

That was when she decided to change tracks from

software development to the business side of things.

ISB was her natural choice when she thought of

pursuing a management course from India.

Aarthi recalls entering ISB with some trepidation, meeting

highly talented and accomplished professionals from allwalks of life as her peers. But her grit and focus saw her

end the year on a glorious note with her topping the class

as the ‘Scholar of Excellence’.

Currently, Aarthi works at Cognizant as the Director of

business development and operations for the APAC region.

A dreamer at heart, Aarthi enjoys creating and narrating

bedtime stories for her kids. She silently nurses the

dream of writing a volume of children’s stories some day.Knowing her, she certainly will.

“ISB provides you with the confidence to meet

any challenge. Surviving the one year program

itself, undertaking various activities and soaking in

academically, prepares you to meet any challenge.”

Aarthi Ramesh (Class of 2003)

Director, Business Development & Operations, APAC

Cognizant Technology Solutions


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Careers:Guiding you to make

the right moves

The ISB over the years has had an enviable record of

facilitating meaningful careers for its students, particularly

as a pioneer of the concept of lateral placements in India.

Career ShiftsA career shift is characterised by movement across

the function, domain or industry you belonged to prior

to the ISB. You need to acquire the skills and knowledge

required to succeed in the new role. Based on your

career goals regarding function, role, and industry,

the L&D (Learning & Development) team suggests

a course of action which could involve a set of electives,

or a project which could enhance your prospects

of securing a position/role of your choice.

Career ProgressionCareer progression require you to take up greater

responsibilities within your domain or industry and

demonstrate integrative cross-functional / general

management skills. The L&D team helps you analyse

your career objectives based on your profile and presents

the opportunities that are best suited to help you

get ahead in your chosen career.

Entrepreneurship & FamilyBusinessThe school, through its various initiatives, supports and

mentors aspiring entrepreneurs and students from family

business backgrounds in many ways – from helping them

evaluate ideas, develop business plans or support through

implementation. It facilitates interactions with venture

capitalists, technology providers, enterprise-promoting

agencies, commercial banks, etc. and helps students

lay the foundation for establishing or growing their

enterprises. The Wadhwani Centre for Entrepreneurship

Development (WCED) also runs an incubation programmecalled the Entrepreneurship Development Initiative (EDI),

which provides mentoring and financial support to

students’ entrepreneurial efforts.


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Placements 2013


9%Others

2% Oil / Energy / Petroleum / Minerals

3% Advtg / Media / Comm / PR / Entertainment

4% Manfacturing

4% Infrastructure / Construction / Real Estate

4% FMCG / Retail / Consumer Durables

7% Pharma / Biotech / Healthcare / Hospitals

9% Banks / Financial Institutions37% IT / ITES

21% Consulting

Offers

by Industry

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13%Others

27% Consulting

21% Sales & Marketing

2% Product Development

3% Technology

4% Project Mangagement

4% Analytics

7% Operations

7% Finance

12% General management /Strategic Planning

Offers

by Function

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The School lays great emphasis on the quality of life on

campus. The Student Villages at both the Hyderabad and

Mohali campuses provide world class accommodation and

recreational facilities that help you unwind after a hard

day’s work. Many students also opt to have their families

on campus for the entire duration of the programme.

Facilities at the ISB campuses

include:

• Fully furnished accommodation

• Professional housekeeping and laundry services

• Recreation facility with swimming pool

• Football / cricket ground

• Courts for squash, tennis, basketball and other

sports

• Dining rooms

• Transport facilities which shuttle between the city

and the campus

• Emergency services

• Postal and courier services

• Convenience store

• Bookstore for text books, periodicals, magazines,

novels and stationery

• Bank extension counter and a 24-hour ATM facility

• Documentation centre for printing and

photocopying

• Travel desk for ticket reservation services on a

chargeable basis

• Wellness centre

• Daycare centre

• Children’s play area

Spouse and Family Association

(SFA)

The Spouse and Family Association (SFA ) provides social

and professional opportunities for your family while you

engage in your academic pursuits. From exploring job

opportunities both on and off campus for your spouse to

organising cultural initiatives, SFA has a wide range of

activities. Events on festivals and holidays are also largely

organised by the SFA, thus creating a family culture on

campus.

Daycare centre on campus

The ISB has engaged professionals to set up a Day-care

centre on campus for the benefit of the community. The

centre is located within the Student Village, and is easily

accessible to the families residing on campus.

• Playgroup and daycare programmes

• Caters to children from 3 months to 12 years old

• Safe and healthy ambience

• Regular open house for parents and grandparents

• Medical insurance and periodic health check-up

Life at ISB


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Admissions

The ISB follows a unified admissions process for entry

into the two campuses, at Hyderabad and at Mohali.

We admit students from a variety of backgrounds,

nationalities, education and experience, to promote a

vibrant and diverse learning experience. Leadership

qualities, ability to work in a team, academic credentials

and intellectual prowess are mandatories.

To be eligible for admission, you must meet the following

requirements:

• A bachelor’s degree in any discipline

• GMAT scores that fulfill validity criteria during the

time of admission

• Prior Work Experience. However, there is no minimum

or maximum work experience required to apply to PGP.

In case you are a fresh graduate or have less than

2 years of work experience, you can apply through

the Early Entry Option. A deferred admission may

be offered to such applicants, contingent upon the

candidate completing 24 months of work experience

at the time of joining the programme.

• TOEFL / IELTS, only if the medium of instruction

during undergraduate education was not English

Shortlisting

If you meet these basic requirements, then you must

submit an online application that includes essays,

recommendation letters and official transcripts. All of these

are evaluated and shortlisted candidates are called for an

interview. Interviews will take place between October and

November for the first cycle and between December

and February for the second cycle.

Interviews

A panel of ISB representatives will conduct personal

interviews in Delhi, Kolkata and Hyderabad only.

Overseas applicants will have a telephone interview

or can opt to visit the campus for the interview in person.

The panel recommends candidates for admittance based

on the interview.

Decision

A decision will be taken after all the interviews are

conducted. An admission offer will be made to applicants

who are accepted into the programme.

Acceptance

Admitted students will be given 15 days to accept

or decline the offer. On accepting the offer, an admission

fee of INR 2,00,000 (INR 5,00,000 for those offered

corporate sponsorship) has to be remitted. This fee

is non-refundable.

Course Commencement

The programme for the PGP Class of 2015 begins

in April 2014.


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Admissions Calendar Cycle 1 Cycle 2 Early Entry Option

Application Deadline September 15, 2013 November 30, 2013 January 15, 2014

Offer Decision November 15, 2013 February 15, 2014 March 31, 2014

Offer Acceptance Within two weeks of receiving an offer

International applicants follow a rolling admissions cycle and the application deadline is January 15, 2014.

Fee Structure

Particulars Amount in Indian Rupees

Shared StudioAccommodation Accommodation

Admission Fee - non refundable 2,00,000 2,00,000

Tuition Fees - Payable on or before the date of registration 17,44,000 17,44,000

Living Fees (Indicative) 1,68,000 2,79,000

Onetime fee for ISB Alumni for use of ISB Library & Recreation Centre 3,000 3,000

Total Fees 21,15,000 22,26,000

Add: Service Tax at prevailing rate (Present rate 12.36%) 2,61,414 2,75,134

Total Fees 23,76,414 25,01,134

ISB Alumni Association Membership Fee 7,000 7,000

Interest free Refundable Security Deposit 15,000 15,000

Total Payable 23,98,414 25,23,134

Early Entry Option

• Amount payable at the time of admission: 1 Lakh INR + service tax

• Amount payable 6 months prior to joining the programe: 1 Lakh INR + service tax

• Tuition fee payable will be as applicable as per the year of joining the programme


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Scholarships

The ISB, in conjunction with several companies andorganisations, offers multiple merit and need-based

scholarships to deserving candidates.

• Nearly 15% of the students benefit from scholarships

ranging from INR 5,00,000 to INR 10,00,000.

• Students who aspire to start their own ventures can

get support through the ‘Develop India’ scholarship

• Several organisations such as Citi Foundation,

Novartis, Phoenix Fund, Societe Generale, IBF,

Talentia, La Caixa and Casa Asia provide a wide

array of merit and need-based scholarships

• Students with a CTC less than INR 10 lakhs

per annum are eligible for the Diversity Scholarship.

This scholarship is open to students from the

following sectors and academic background:

Humanities / Literature / Medical / Healthcare /

Architecture / Advertising / Media / Entertainment /

Economics.

Loans

The ISB has signed loan agreements with leading banks/

institutions to provide loans that cover almost 100% of

the programme fee. These loans are customised for the

students of ISB and usually do not require any collateral.

• Educational loan covers tuition fees, living expenses,

food, laptop and books

• Loans are offered at customised interest rates

• No processing or pre-payment charges

• Over 70% of the ISB students have taken educational

loans from banks in the past

Bank Account

It is mandatory to open an account with ICICI Bank/SBI

to facilitate transactions with the ISB. Please open an SBaccount with branch on campus on the day of registration,

if you do not have an account with them (at any other

branch) already.

Medical Insurance

Premium for Group Medical Insurance for Students and

their dependents at campus is mandatory and has to be

paid in addition to other fees and charges at the time

of registration. The premium will depend on the age

and number of dependents. Please check the Medical

Insurance section for details.

Other Estimated Expenses for PGP

2014-15 per Student

S.No Particulars Approximate Amount

in Indian Rupees

1 Books 20,000

2 Laptop 50,000

3 Meal Plans 100,000

Total: 170,000


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Note:

• It is mandatory to live on campus.

• The amounts payable to ISB are fixed in INR.

Payments may be made in any other currency but the

amount realised in INR by the School must be equal

to the amounts fixed in INR.

• Service Tax: The effect of the amendment brought

about by the Finance Act 2010 to Section 65 (105)

(zzc) of the Finance Act, 1994 is presently before

the Customs Excise and Service Tax Appellate

Tribunal (CESTAT ). ISB has always maintained that

the said section does not apply to the “educational”

programmes of ISB. However Service Tax Department

is of the view that Service Tax is applicable on the fees

charged to the students by ISB. As per the advice of

our legal counsels, to mitigate the risks associated

with this levy, ISB will be collecting the Service tax

as applicable on the total fee as and when payable

by you and remit the same to the Government

Account under protest and without prejudice

to ISB’s rights and contentions in Law.

In the event of the said matter ultimately getting

resolved in favour of ISB, the ISB will provide you with

necessary information to you so as to assist you to

obtain refund from the Government.

• Tuition fees cover course packs provided but certain

courses require mandatory text books over and above

the study material supplied by ISB.

• Expenses pertaining to food are approximate

and actuals will depend on the consumption

and the cost will be billed to you on a monthly

basis. The residential facilities have kitchens

for people who would like to cook.

Disclaimer: This brochure is only for the purpose of providing information to the reader on the ISB’s PGP Programme. ISB reserves the right to change and

modify these details at any time. The brochure does not result in any binding contract between the ISB and the reader.


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Indian School of Business

Hyderabad Campus: Gachibowli, Hyderabad - 500 032.

pgp brochure 2014 15

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