Application Deadline
ISB EEO admission 2024 Intake Round 1 Deadline: 10 September 2023.
Indian School of Business offers the Early Entry Option for applicants who have lesser than two years of work experience as a deferred MBA admit.
ISB PGP Essays 2023
Check out the details here
What kind of profiles get selected for ISB?
The Indian School of Business (ISB) is one of the top business schools in India and attracts a diverse pool of talented individuals seeking to pursue a world-class management education. While the specific selection criteria for ISB may vary from year to year, there are several common characteristics and profiles that tend to be favored by the admissions committee.
ISB values diversity in its student body and seeks individuals with a variety of backgrounds, experiences, and perspectives. Therefore, applicants with diverse professional backgrounds, such as engineering, finance, consulting, entrepreneurship, healthcare, and social impact, have a good chance of being selected.
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In addition to diversity, ISB looks for candidates who have demonstrated leadership potential and a strong track record of professional achievements. This could include individuals who have held managerial positions, initiated impactful projects, led teams, or demonstrated entrepreneurial ventures. Strong leadership qualities, such as the ability to inspire and influence others, are highly valued.
Academic excellence is another important factor in the selection process. ISB typically looks for candidates with a strong academic record, as evidenced by their undergraduate degree performance and, in some cases, standardized test scores such as the GMAT or GRE.
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Furthermore, ISB seeks individuals who can contribute to the learning environment and the overall student community. This includes candidates who have shown active participation in extracurricular activities, community service, and a passion for making a positive impact in society.
Lastly, ISB values candidates who can effectively articulate their goals, motivations, and how an MBA from ISB aligns with their aspirations. Strong communication skills and a compelling personal statement or essay are essential in conveying the applicant's story and potential contributions to the ISB community.
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It is important to note that while these characteristics are generally favorable for admission to ISB, each applicant is evaluated holistically, taking into account their unique strengths, experiences, and potential for growth.
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Below are some important numbers:
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Average GMAT Score: 720 (median 710)
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Average GRE Score: 328
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Range of GMAT Score accepted in the past: 600 - 770
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Range of GRE Scores accepted in the past: 311 - 334
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Average Work Experience in class: 4.3 years (2 yrs to 24 yrs)
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Average Age in class: 26.63 years
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And the second part is your story. Every professional has a very distinct story which needs to be introspected and communicated. We specialise in the application process for ISB.
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The Class of 2023 at ISB PGP has 881 Students. It includes 40% women, 49 % engineers. The Batch has an average work ex of 4.4 years.
What is the admission process?
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Plan: Determine your timeline for taking the GMAT or GRE exam, aiming to complete it as soon as possible.
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Choose Admission Round: Based on your test completion timeline, select the appropriate admission round (ISB EEO and PGP offer three rounds during the application year).
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Online Application: Begin preparing for the online application submission.
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Personal and Identification Information: Fill in the application form with personal and identification details.
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Academic Credentials: Submit your undergraduate and postgraduate academic credentials.
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Work Experience: Provide comprehensive details about your work experience, including duration, roles, responsibilities, and notable achievements.
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Test Scores: Submit valid GMAT/GRE scores and, if applicable, TOEFL scores using the designated codes (GMAT code: N2D-J5-01, GRE code: 7892, TOEFL code: 9047).
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Essays: Write two ISB essays as required. Re-applicants may need to complete an additional essay.
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Letter of Recommendation: Arrange for one letter of recommendation from a suitable referee who can attest to your qualifications and potential.
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Scholarships: If applicable, choose scholarship options and submit the required essays.
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Extracurricular Activities: Include details of your involvement in extracurricular activities, awards, achievements, and hobbies in your application.
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Application Fee: Pay the application fee and submit your completed application.
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Application Status: Monitor the progress of your application through the ISB admission portal.
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Interview: If shortlisted, attend the ISB interview as part of the selection process.
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Enrolment: Upon receiving an admission offer, complete the necessary enrolment formalities to secure your place at ISB.
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Which Exam should you Attempt- GMAT or GRE?
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Both the GMAT (Graduate Management Admission Test) and GRE (Graduate Record Examination) are accepted by the Indian School of Business (ISB) for admission to their programs. When deciding between the two exams, it's important to consider your individual strengths and preferences.
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The GMAT is specifically designed for business school admissions and focuses on assessing skills relevant to the field of management. It consists of sections on Analytical Writing Assessment, Integrated Reasoning, Quantitative Reasoning, and Verbal Reasoning. If you are primarily targeting business schools and want to showcase your abilities specifically in the context of business and management, the GMAT may be the preferred choice.
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On the other hand, the GRE is a more general test accepted by a wide range of graduate programs, including business schools. It consists of sections on Analytical Writing, Verbal Reasoning, and Quantitative Reasoning. If you are considering applying to a variety of graduate programs, beyond just business schools, the GRE offers flexibility and allows you to keep your options open.
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Ultimately, the choice between the GMAT and GRE should be based on your individual strengths and preferences. It's recommended to research the specific requirements and preferences of the programs you are interested in, including ISB, and choose the exam that aligns best with your abilities and future goals. Additionally, consider your own test-taking strengths, as some individuals may find one exam format more suited to their skills than the other.
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Regardless of which exam you choose, it's important to thoroughly prepare and perform well to showcase your aptitude and potential to the admissions committee at ISB.
Eligibility Criteria
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Minimum bachelors or equivalent degree is required to fulfil the ISB Hyderabad eligibility for MBA.
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In terms of equivalent degrees the professional certificates like Chartered Accountants, ICWA are valid professional certificates which can be submitted for the ISB Hyderabad MBA eligibility.
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Freelancers who fulfil the minimum work experience criteria ISB Hyderabad MBA eligibility.
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The applicant must have a minimum of 24 months of work experience to apply for the ISB MBA.
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ISB YLP: Final & pre-final year students.
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ISB EEO: Less than 24 months of work experience.
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ISB PGP: Minimum 24 months of work experience.
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Another requirements for ISB Hyderabad eligibility for MBA is the possession of a GMAT or a GRE score
ISB MBA Ranking
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On 16 September 2022, according to Bloomberg Businessweek's ranking of the top b-schools for 2022–23, ISB is rated sixth in the Asia–Pacific area.
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1st in India according to Bloomberg BusinessWeek Best Business schools for 2021-22.
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5th in Asia according to Bloomberg BusinessWeek best Business schools 2021-22.
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​​39 rank in the FT MBA 2023 ranking
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​​32 rank in the FT MBA 2022 ranking
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Ranked 23rd in the world in the FT Global MBA rankings 2021.
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​Among the Asia-Pacific schools ISB MBA achieved the 5th position in the Bloomberg Best B-Schools 21-22 rankings. This is enough reason for most MBA applicants in India to aspire for an ISB MBA.
ISB MBA Fees
The programme focuses on managing the business in a fast-evolving environment. The School works with its Associate Schools to create a curriculum that reflects best global practices that provide conceptual knowledge which helps in improving and broadening existing skills.
The programme fee for the academic year 2023-24 is ₹ ​41,63,000 plus taxes. The fee includes admission fee, tuition fee, course material, and boarding & lodging for most days.
Security Deposit
A refundable security deposit of ₹​20,000 has to be paid in addition to the programme fee. This amount is refundable after deduction of any dues payable to the School.
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Alumni Fund Contribution
An alumni membership of ₹​25,000 + GST is payable by all participants of the programme. The alumni membership is non-refundable for participants who successfully graduate from the programme. This fee will be fully refundable for participants who do not graduate from the programme either due to withdrawal or failure to clear the examinations.
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Life-Time Use of Recreation Centre
A deposit of ₹15,000 + GST has to be paid towards lifetime use of the ISB Recreation Centre. This fee is applicable for participants of all degree equivalent programmes at ISB.
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Expenses not included in the programme fee are:
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Travel for classes at ISB-Hyderabad/Mohali.
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Travel (airfare/local conveyance) for the international immersion.
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Purchase of laptops and other electronic aids recommended by the Programme Office.
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Other miscellaneous expenses like mini bar, laundry, beverages, meals outside campus etc
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Notes:
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ISB reserves the right to revise the programme fee.
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The school realises its fee in Indian rupees. Participants who want to remit the fees in foreign currency can do so by remitting the foreign currency equivalent to INR, based on the prevailing exchange rate.
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The refund of any fee is subject to the refund policy prevailing at the time of seeking a refund.
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It is mandatory to live in accommodation provided by the school during the days of classes.
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All participants are required to have a personal laptop, the minimum specifications of which will be sent before the start of the programme. Official laptops are not allowed.
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ISB Early Entry Option Application fees:
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Round 1: Rs. 5,000
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Round 2: Rs. 7,500
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Round 3: Rs. 7,500
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Application fees for Re-applicants: Rs. 2,500 for each round
ISB Placements Process
The placement process at ISB typically spans over four months, involving on-campus presentations, job advertisements, pre-placement talks, expressions of interest, campus interviews, off-campus interactions, and final interviews, with the majority of placements occurring within ten days.
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Profile of ISB Class 2022:
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Class Size: 929
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Average Age: 27.07
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Work Experience: 4.09
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Average GMAT: 713
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Average GRE: 328
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Year on Year 80% Median CTC (IN INR) at ISB Placements:
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Class of 2018: 22,00,000
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Class of 2019: 24,02,449
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Class of 2020: 24,10,000
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Class of 2021: 27,00,000
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Class of 2022: 31,00,000
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ISB placements Industry Wise Offers 2022 by percent of class:
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Advt/Media/PR/Entertainment: 2
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Banks/Financial Institutions/Financial Services: 12
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Consulting: 37
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E-Commerce: 9
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Education / Teaching & Training: 1
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FMCG/Retail/Consumer Durables: 5
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Infrastructure/ Construction/Real Estate: 1
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IT Consulting: 1
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IT/ITES: 12
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Manufacturing: 1
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Others: 6
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Pharma/Biotech/Healthcare/Hospitals: 3
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Technology: 4
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Telecom: 2
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Transportation/Logistics/Operations: 3
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Urban Mobility: 1
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ISB Placements 2022 Function Wise Offers in percentage of class:
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Analytics: 3
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Consulting: 37
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Finance: 7
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General Management / Strategic Planning: 9
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Operations: 4
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Others: 5
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Product Management: 12
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Project Management: 1
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Sales & Marketing: 18
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Technology: 4
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ISB Placements Industry Wise Offers - Mid 80% Average CTC 2022 (in INR)
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Advt/Media/Comm/PR/Entertainment: 29,65,000
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Banks/Financial Institutions/Financial Services: 34,87,630
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Consulting: 33,37,488
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E-Commerce: 33,31,972
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Education / Teaching & Training: 28,05,000
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FMCG/Retail/Consumer Durables: 26,48,759
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Infrastructure/ Construction/Real Estate: 28,00,000
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IT Consulting: 30,00,000
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IT/ITES: 33,51,204
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Manufacturing: 27,50,000
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Others: 36,58,800
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Pharma/Biotech/Healthcare/Hospitals: 31,64,218
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Technology: 36,65,914
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Telecom: 32,45,454
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Transportation/Logistics/Operations: 34,90,909
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Urban Mobility: 37,33,649
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ISB Placements Function Wise Offers - Mid 80% Average CTC 2022:
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Analytics: 32,49,028
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Consulting: 33,48,654
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Finance: 29,34,152
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General Management / Strategic Planning: 30,88,572
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Operations: 31,61,743
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Others: 35,47,535
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Product Management: 34,49,971
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Project Management: 31,00,000
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Sales & Marketing: 29,90,804
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Technology: 44,65,250
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FAQs
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ISB Early Entry Option 2024 Essays:
1. Provide an honest portrayal of yourself, emphasizing your strengths and weaknesses. Highlight the key elements that have shaped your personal journey. Give relevant illustrations as needed. (400 words)
2. Contemplate two distinct situations—one where you experienced success and another where you faced failure. Delve into the personal and interpersonal lessons you learned from these instances. (400 words)
3. Given your previous experience and future aspirations, how do you plan to use the PGP at ISB to fulfil your professional goals? Optional (250 words)
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What does the ISB Early Entry Option (PGP deferred) entail for the 2024 intake?
The ISB Early Entry Option allows applicants to apply for deferred admission to the PGP program for the 2024 intake. This option is suitable for candidates who meet the following criteria:
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Hold a Bachelor's degree or equivalent in any discipline.
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Possess a valid GMAT/GRE score.
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Have less than 24 months of full-time post-qualification work experience as of April 08, 2024.
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If the medium of instruction during undergraduate studies was not English, a TOEFL/IELTS/PTE score is required.
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Is a TOEFL/IELTS score necessary for both the PGP 2024-25 and Early Entry Option 2024?
If the medium of instruction during your undergraduate studies was not English, you must provide a TOEFL/IELTS score for both the PGP 2024-25 and Early Entry Option 2024 applications.
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Can I apply for the Early Entry Option if my work experience exceeds 24 months?
No, the Early Entry Option is exclusively available to individuals with less than 24 months of full-time post-qualification work experience as of April 08, 2024. If your work experience exceeds 24 months, it is recommended to apply for the regular PGP 2024-25 program.
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Is there a specific deadline for submitting GMAT/GRE scores?
Yes, the deadline for submitting GMAT/GRE scores is the same as the application deadline for the program you are applying to.
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Can I submit both GMAT and GRE scores for my ISB EEO application 2024?
Yes, you can choose to submit either GMAT or GRE scores. Both scores are accepted for the application process, and the choice of test is up to you.
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Are there any specific score requirements for GMAT/GRE or TOEFL/IELTS/PTE?
The instructions do not specify specific score requirements. However, it is advisable to aim for competitive scores that reflect your academic abilities and English language proficiency.
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Is there any difference in the application process for PGP 2024-25 and Early Entry Option 2024?
The application process for both the PGP 2024-25 and Early Entry Option 2024 is similar. You need to follow the same guidelines and provide the required documentation for both applications to ISB.
You can book a slot for FREE PROFILE EVALUATION with our consultants and get help regarding your applications.