Leadstart

Post Graduate Programme in Management 2007- 08

The ISB VisionTo be an internationally top-ranked,

research-driven, independent management institution

that grooms future leaders for India and the world.

The pioneers behind the ISB

The global economic scenario is constantly evolvingand adapting to the ever - changing needs of anincreasingly competitive and connected world. In sucha demanding scenario, it is essential to not only getahead, but also stay ahead and the ideal platform toacquire the requisite competencies and skills is inIndia, one of the fastest growing economies in theworld today and in the near future, one of the topfour developed countries (BRIC Report).

Thanks to globally relevant economic reforms and acontinuing upsurge in foreign direct investments,India is today poised to demonstrate strong levels ofeconomic growth. In 2005, it overtook the U.S. tobecome the second most attractive Foreign DirectInvestment destination in the world (EconomicTimes). Consequently, India has transformed intothe land of opportunities and the geography youneed to be in, if you intend to make your mark!

And what better way, than to spend a year at one ofthe best B-schools in the country itself. The ISB,Hyderabad. Where you can develop a comprehensiveunderstanding about the economy that has taken theworld market by storm. Understand the factors thatinfluence its growth and makes it one of the mostcoveted business destinations in the world today.

Live amongst people from diverse backgrounds.Learn about their culture. Share knowledge. Interactwith peer groups who have in-depth and diverseexperience in developed as well as emergingeconomies. Be a part of a growing network of over1000 alumni, industry experts and thought leaders.Encourage brilliant exchange of ideas and makelearning extremely enriching.

Apart from all this, you will also get an opportunityto interact with thought leaders, leading industry-experts and eminent personalities who are respectedthe world over for their accomplishments. The ISB isa rare Indian business school where luminaries likeThe President of the United States of America, thePresident of Singapore, Michael Dell, the USAmbassador have visited and recognised the Instituteas an international centre of business excellence.

The ISB gives you a cutting-edge in your career.Helps you re-invent your future. And equips you toemerge as a global leader with a thoroughunderstanding of the world business market. So, onyour journey to being a business leader, make Indiaand the ISB your next destination. Become a part ofthe ISB heritage.

Leadstart IndiaCome to where you need to be

The One YearPost GraduateProgrammein Management ’’

It’s unlikely thatwe will see morethan one otherbusiness school ofthe stature of theISB launched inour lifetime.

’’Donald P. JacobsFormer Dean,The Kellogg School of Management

Early Promise DeliveredThe Indian School of Business was founded by eminentbusiness leaders, entrepreneurs and academicians fromaround the world. Spread over a sprawling 260 acres, theschool is the preferred destination for over 400 studentstoday. The rigorous selection process ensures that onlythe best minds qualify.

The ISB’s accomplishments over the past five years areimpressive to say the least. The ISB has ramped up itsstudent strength from 126 to 418 students and enhancedthe class profile to be on par with leading internationalB-schools on all parameters. The ISB is among thelargest providers of Executive Education in Asia.The School is associated with internationallyrenowned Business Schools like the Wharton School,Kellogg School of Management and London BusinessSchool. This lineage not only attracts the bestacademicians, but it also ensures that the curriculum iscontemporary and relevant to the current industryneeds.

This has helped the ISB grow into the 8th largestmanagement programme among full-time MBAprogrammes in the world.

Centres of ExcellenceThe ISB is among the few schools doing research focused onemerging and transition economies. The ISB Centres ofExcellence aim to promote research and create knowledge.Each centre focuses on one area, from among technology,leadership and change management, strategicmarketing, analytical finance, manufacturing andentrepreneurship. The Wadhwani Centre forEntrepreneurial Development (WCED), the Centre forAnalytical Finance and the Centre for Global Logistics &Manufacturing Strategies are already up and running. TheCentres foster academic & applied research, by workingclosely with the industry to evolve new theories andinnovative solutions for current problems faced by them.The K-Hub set up by the WCED with the support of theGovernment of Andhra Pradesh, focuses on creating high-quality entrepreneurial ventures in select industries.

Indian School of BusinessA global school for the emerging world

The ProgrammeChallenging, comprehensive & global in scope, the ISBoffers a one year Post Graduate Programme in Managementthat aims to make you a future ready leader. Speciallydesigned for professionals with work experience, it covers abroad ground through its globally developed curriculum,case studies and real life projects. The programme fosters anability to think across disciplinary boundaries. It emphasisesholistic learning and provides multiple learningopportunities through interactions with faculty, peers andbusiness leaders. The programme encourages self learningthrough structured reflection. It is unique as it providesmuch more than a typical two year managementprogramme in the span of one year.

Leadership Development Programme (LDP)On joining, all students go through the LDP, whichinculcates a spirit of team play and leadership through aseries of lectures, discussions, workshops and grouppractice sessions. The programme also facilitates the

development of essential skills like effective listening andcommunication, presentation, team building,assertiveness and problem solving. These soft skills areintegral to effective leadership.

Experiential Learning Programme (ELP)The ELP allows student teams to work with industrypartners on real-world business issues, giving them thechance to apply their learning outside the classroomsetting. It also provides the student an opportunity togain new perspectives on business, major global issuesand more.

Independent Study Programme (ISP)The rationale behind the ISP is to allow students toexplore areas of interest which are not covered in thecurriculum. The student selects a topic and then enrolsfor the ISP under the guidance of a faculty member. Astudent can take on two such programmes during termsfive to eight.

Corporate InteractionCorporate involvement is one of the key featuresthat sets the ISB apart from most other business schools.Interaction with business leaders and entrepreneurs isprogrammed throughout the academic year,through visits and workshops, thus giving students apractitioner’s perspective.

The International Student ExchangeProgrammeThe ISB has exchange programmes with 26 schoolsglobally. The programme gives students the opportunityto study for one to two terms at a leading B-Schooloutside India. A few of the ISB’s current partners in theprogramme are Cheung Kong Graduate School ofBusiness - China; Darden School of Business, Universityof Virginia - USA; Fuqua School of Business, DukeUniversity - USA; Haas School of Business, University ofCalifornia Berkeley - USA; HEC School of Management- France; IESE Business School, University of Navarra -Spain; Joseph L. Rotman School of Management,University of Toronto - Canada; Kellogg School ofManagement, Northwestern University - USA; KenanFlagler Business School, University of North Carolina -USA; Lahore University of Management Sciences -Pakistan; London Business School - UK; MelbourneBusiness School, University of Melbourne - Australia;NUS Business School, National University of Singapore -Singapore; The Hong Kong University of Science andTechnology - Hong Kong School of Economics andManagement, China; Tsinghua University - China;Schulich School of Business, York University - Canada;The Wharton School, University of Pennsylvania - USA;Tuck School of Business, Dartmouth College - USA.

Planning an Entrepreneurial VentureThe curriculum comprises electives like Planning anEntrepreneurial Venture (PAEV) by the WadhwaniCentre for Entrepreneurship Development which offersguidance on refining student ideas and plans. It provides

an exciting introduction to the process and practice ofentrepreneurship and new venture creation. This electiveequips students with conceptual frameworks foridentifying entrepreneurial opportunities, evaluatingtheir techno-commercial attractiveness for investmentand launching a new venture. Modules are designed insuch a way as to enable students to understand and applythe techniques and processes that can be used to identifyentrepreneurial opportunities and prepare a realisticbusiness plan based on their own ideas.

Building NetworksThe ISB's numerous student-run clubs give you thechance to apply what you've learned in the classroom andgain invaluable leadership and life skills. In addition tolinking students with one another, these clubs createplatforms to interact with alumni and professionals intheir fields of interest, building formal and informalnetworks while exploring career opportunities.These clubs form the foundation for a lifelong networkof individuals from a wide range of backgrounds. You canget involved in any of these social, cultural, andprofessional clubs, or even start your own. Some of theprofessional clubs on campus are the business and

technology club, the consulting club, entrepreneurship &VC club, healthcare club etc., Social clubs comprise quiz,golf, arts and creativity, music, Net impact and manyothers.

Students graduating from the ISB typically take onleadership roles in various industries and sectors.A brilliant amalgamation of insights from the Eastand West, the curriculum enables global knowledgeof the new emerging economies of the world. ThePGP curriculum is reviewed and upgraded every yearfor its theoretical intensity and its practical relevance.The one year programme starts with the orientationand pre-term courses followed by eight terms of sixweeks each. The first four terms cover the corecourses, laying the foundation for the advancedelective courses in later terms. A wide array of oversixty electives are on offer in the five leadingconcentration areas in this programme. These areAnalytical Finance, Entrepreneurship, Leadershipand Change Management, Operations andInformation Technology Management and StrategicMarketing.

To specialise in one area, the student has to take aminimum of six electives from that area. Studentscan choose a maximum of two specialisations.

Global CurriculumLearning to lead

’’’’

The vision of ISBis exciting. I am veryhappy to be associatedwith a world-classmanagement institutionthat is in the businessof creating tomorrow’sindustry leaders

Michael S DellChairman of the boardDell Inc.

The ISB edge

With a GDP growth of 8% and rapid expansion ininfrastructure, India is one of the fastest emergingeconomies today presenting opportunities, neweravenues for immense growth and development forthe business leaders of tomorrow.

In tune with these global trends, the ISB hasdesigned an innovative one year Post GraduateProgramme in Management, conceived and designedfor today’s young professionals with prior workexperience. In the one year that these future businessleaders spend at the institution, they develop acoherent understanding of emerging economies.Working professionals find the one-year programmeto be of tremendous benefit. Investment ineducation is always rewarding, and in this case theyare able to add value to their careers in quick time.The rigour and intensity of the course is challengingand enables students to learn not just from thefaculty and their own peer interactions but also fromexposure to successful leaders and entrepreneurs,who frequently visit the campus.

The one year programme is ideal for professionals torecharge and equip themselves, to get future readyand take on tomorrow.

The One Year AdvantageA year to recharge and renew

Course Title Faculty & Affiliation Academic Area

Term 1: May 1 - June 11, 2006Financial Accounting Sanjay Kallapur, ISB Accountingin Decision Making Mark Finn, KelloggMarketing Management Asim Ansari, Columbia Strategic Marketing

Jagmohan Raju, WhartonManagerial Economics Amit Bubna, ISB Economics and Public Policy

Rakesh Vohra, KelloggStatistical Methods for Robert Stine, Wharton OperationsManagement Decisions Richard Waterman, Wharton

Term 2: June 12 - July 23, 2006Competitive Strategy Nandini Lahiri, ISB Strategic Marketing

Harbir Singh, WhartonGurneeta Vasudeva, ISBAkbar Zaheer, Carlson School, Minnesota

Decision Models & Optimisation Milind Sohoni, ISB OperationsSandeep Juneja, TIFR Operations

Global Economics Krishna Kumar, RAND Corporation Economics and Public PolicyRavi Bansal, Duke

Marketing Decision Making Pradeep Bhardwaj, UCLA Strategic MarketingJagmohan Raju, Wharton

Term 3: July 24 - September 3, 2006Corporate Finance Bhagwan Chowdhry, UCLA Accounting

Suren Mansinghka, IndependentEntrepreneurship S. Venkataraman, Darden Entrepreneurship

Rama Velamuri, IESEManagerial Accounting Swaminathan Sridharan, Kellogg Accounting

Khalid Nainar, DeGrooteOperations Management Ram Bala, ISB Operations

Sridhar Seshadri , SternSudhakar Deshmukh, Kellogg

Term 4: September 4 - October 15, 2006Government, Society & Business Mudit Kapoor , ISB Economics and Public Policy

AK Shivakumar, UNICEFRamana Sonti, ISB FinanceTom Nohel, Loyola University

Management of Organisations Mary Watson, Milano Graduate School Organisational BehaviourStrategic Analysis of IT Rajiv Banker, Temple Information Systems

Sandra Slaughter, Carnegie Mellon

Courses and faculty for theAcademic year 2006 - 07

Course Title Faculty & Affiliation Academic Area

Term 5: October 16 - November 26, 2006Advanced Corporate Finance Sankar De, ISB Analytical FinanceBranding Chem Narayana, UIC Strategic MarketingFinancial Econometrics Mudit Kapoor, ISB Analytical FinanceFixed Income Avner Kalay, Utah

Ahron Rosenfeld, Ben Gurion Analytical FinanceGlobal Manufacturing Strategies Viswanadham N, ISB Operations & IT ManagementInternational Finance Ravi Ravichandran, ISB Analytical FinanceIT Strategy & Economics, Eric Clemons, Wharton Operations & IT ManagementOutsourcing & IT-Based Businesses George Geis, AlabamaLogistics & Supply Milind Sohoni, ISB Operations & IT ManagementChain ManagementManaging Information Technology in Information Vijay Mookerjee, UT, Dallas Operations & IT Management-Intensive OrganisationsMarketing Research Skander Esseghaier, Tunis Strategic MarketingMarketing Services Piyush Kumar, Georgia Strategic MarketingNegotiation Analysis Dishan Kamdar,ISB Leadership & Change Management,

EntrepreneurshipOptions & Futures Ram Thirumalai, ISB Analytical FinanceSales Management Goutam Challagalla, Georgia Tech Strategic MarketingStrategic Technology Alliances Gurneeta Vasudeva, ISB Leadership & Change ManagementTechnology & Business Innovations T Ravichandran, Rennselear Operations & IT Management

Polytechnic Institute

Term 6: November 27, 2006 - January 7, 2007Branding Sridhar Moorthy, Rotman Strategic MarketingCompetitive Strategy & Advanced Jay Anand, Ohio State Leadership & Change ManagementIndustry AnalysisConsumer Behaviour Seshan Ramaswami, SMU Strategic MarketingCorporate Control, Mergers & Acquisitions Sreenivas Kamma, Indiana Analytical FinanceCreativity Punya Misra, Michigan State University Leadership & Change Management,

EntrepreneurshipCustomer Focused Product Development Rabikar Chatterjee, Pittsburgh Strategic MarketingDigital Business Models & Processes V Sambamurthy, MSU Operations & IT Management

Mani Subramani, MinnesotaEvaluating Technology Investments Rajiv Banker, Temple Operations & IT ManagementFinancial Engineering Krishna Ramaswamy, Wharton Analytical Finance

Sanjiv Das, Santa ClaraFinancial Statement Analysis Shiva Sivaramakrishnan, Houston Analytical FinanceInvesting in Private Equity Vinay Nair, Wharton Analytical Finance

Manju Puri, DukeKnowledge Management V Sambamurthy, MSU Operations & IT Management

Mani Subramani, MinnesotaManagerial Decision Making Joseph Russo, Cornell Strategic MarketingMarketing of Hi-tech Products Sanjit Sengupta, SFSU Strategic Marketing

Jakki Mohr, UMTMarketing Research Xavier Dreze, Wharton Strategic MarketingNegotiation Analysis Madan Pillutla, London Business School Leadership & Change ManagementPricing Vithala Rao, Cornell Strategic MarketingQuality Management Ram Ganeshan, Mason School of Business. Operations & IT Management

Mary Aditya Jain,ISBStrategic Performance Management & Control Nandu Nagarajan, Pittsburgh Analytical FinanceStrategy Implementation Jay Anand, Ohio State Leadership & Change Management

Course Title Faculty & Affiliation Academic Area

Term 7: January 8 - February 18, 2007Advertising Ajay Kalra, CMU Strategic MarketingApplied Portfolio Management Sudip Gupta, ISB Analytical FinanceBusiness Intelligence Using Ravi Bapna, Connecticut Operations & IT ManagementData MiningBusiness Valuation using Sanjay Kallapur, ISB Analytical FinanceFinancial StatementsCapital Raising Strategies in Corporations N R Prabhala, Maryland Analytical FinanceCases in Corporate Financial Strategy Oded Sarid, Wharton Analytical Finance

Shmuel Kandel, WhartonChange Management S Ramnarayan, ISB Leadership & Change ManagementConsumer Behaviour Shailendra Jain, Indiana Strategic MarketingCorporate Risk Management Kuldeep Shastri, Pittsburgh Analytical FinanceDatabase Marketing Seethu Seetharaman, Rice Strategic MarketingEconomic Models & Analysis Chakravarthi Narasimhan, Washington Analytical Financefor Strategy Ganesh Iyer, Haas Strategic MarketingGender in Leadership Deborah Kolb, Simmons, MIT Leadership & Change Management

Stacy Blake-Beard, Simmons, MITInternational Comparative Management Gurneeta Vasudeva, ISB Leadership & Change ManagementOperations Strategy Aditya Jain, NYU, ISB Operations & IT ManagementTransformation Enabled by V Venkatesh, Arkansas Operations & IT ManagementInformation Technology

Term 8: February 26 - March 8, 2007Behavioural Finance Sudip Gupta, ISB Analytical FinanceCustomer Relationship Management Dipankar Chakravarti, Colorado Strategic MarketingDesign Alladi Venkatesh, UC Irvine Strategic Marketing

Jonathan Schroeder, ExeterRamiro Montealegre, Colorado

Global Issues in IT Management Espen Andersen, Operations & IT ManagementNorwegian School of Business

Green Marketing Purba Rao, Asian Institute of Management Strategic MarketingIndian Financial System Shamika Ravi, ISB Analytical Finance

Subhashish Gangopadhyay, ISBIT Services & Project Management Saby Mitra, Georgia Tech Operations & IT ManagementLeadership Lessons from World Literature Rajeshwar Upadhyay, Independent Leadership & Change ManagementManaging Strategic Partnerships Saikat Chaudhuri, London Business School Operations & IT ManagementMarketing Strategy Damien McLoughlin, Smurfit School of Business Strategic MarketingMicrofinance Shamika Ravi, ISB Analytical FinanceNew Product Development Ram Bala, ISB Operations & IT Management

Kamalini Ram Das, DardenRetailing Ram Rao, UT, Dallas Leadership & Change ManagementSpecial Topics in Finance Ravi Ravichandran, ISB Analytical Finance

The peer group at the ISB is a class ofexceptional achievers, industry experts,technology savvy professionals who encourage ahealthy exchange of views, ideas and experiences.Networking with peers, who have anunderstanding of the global market and theemerging Indian economy makes the learningexperience at the ISB more exciting.

Every class brings with it work experience fromdiverse fields such as IT, banking, FMCG,biotech, manufacturing, shipping, telecom,advertising, petroleum and defence services.Again, the international exposure that thestudents bring into the classroom, having workedin practically all the major countries of the world,adds value to an extremely stimulating classenvironment. A healthy mix of students withundergraduate academic disciplines such asengineering, social sciences, medicine, finance,accounting, media, architecture, etc., form theclass.

’’

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I found the students at the ISB to be very bright,intellectually curious, and highly motivated.Their passion for learning was for me a wonderfulpart of the teaching experience.

Anjani Jain - Vice-Dean & Director,Graduate Division, The Wharton School

Experienced Peer GroupAchievers in their own right

Consulting (8%)

Entrepreneurs (2%)

Marketing (8%)

General Management (2%)

Others (8%)

Finance (9%)

Operations (14%)

Technology (48%)

Marine (1%)

Profile of the Class of 2007

35 Years & above (1%)

22-25 Years (38%)26 - 30 Years (55%)

31 - 35 Years (6%)

AgeRange - 22 to 44 years Average - 27 years

700-740 (53%)

750 & above (12%)

650-690 (30%)

600-640 (5%)

GMAT ScoresRange - 600 to 780 Average - 706

5-8 years 25%

> 8 years 6%

< 2 years 7%

2-5 years 62%

Work ExperienceRange - 1 to 21 years Average - 5 years

*

Work Category* Others - advertising / media, education & research,government, medicine, planning & architecture and armed forces.

Class ProfileClass Size 418

Men 334Women 84Married 89Single 329

Best inClass

’’’’

Faculty at the ISB are ofthe highest calibre andstudents have the chance tolearn from real Gurus inevery field of managementscience.

Dipak Jain,Dean, The Kellogg School of Management

The ISB’s faculty includes eminent managementintellectuals with international research and teachingexperience from the best B-schools in the world. TheISB has a portfolio faculty model that aims to achievean ideal mix of resident and international faculty togive students the benefit of international exposure aswell as a strong research base. Faculty from Wharton,Kellogg, London Business School, Cornell, Chicago,Duke, and UCLA, amongst others, teach at the ISB.The distinctive research of our faculty membersensures that the programme offers content that iscontemporary and global in its perspective. Thelocation in India and the Asian region provides thesetting for a thought-provoking interplay that drawsin the best of management thinking and practicesfrom both the West and the East.

Professors of ManagementPracticeInspirational encounters with leadersIn keeping with the best practices, eminent industryleaders and professionals share their practicalexperiences and insights. This helps the studentsdevelop industry perspectives, learn the latest trends,and gather information on emerging economies.Inspirational encounters with industry stalwarts likeMr. Rajat Gupta, Senior Partner Worldwide,McKinsey & Company Inc.; Mr. N R NarayanaMurthy, Chairman and Chief Mentor, InfosysTechnologies Ltd.; and Dr. C Rangarajan, Chairmanof the 12th Finance Commission, India, prove to beextremely enriching experiences for the aspiringbusiness leaders.

Best in Class FacultyFirst among equals

The ISB is an ideal study environment. Spread overan expanse of 260 acres, the campus has state-of-the-art air-conditioned lecture theatres, an excellentlibrary, video conferencing etc.

The Academic CentreA state-of-the art facility with broadbandcommunications network ensures instant globalconnectivity. The Learning Resource Centre (LRC)allows ‘anytime access’ to information. The centre iscompletely wi-fi enabled. The e-resources and theonline database are among the best in the world.As the knowledge hub of the ISB, it holds printed aswell as electronic resources offering an extensivegrowing collection of books and currently givesaccess to 360 print journals, 41 online databases,2500 e-journals and 1000 AV resources.

The college has all the other living amenities rightwithin the campus so that students can concentratefully on academics and learning.

Student VillageThe student villages form the residential wings of thecampus. Each serviced apartment is air conditioned,and has elegant contemporary furniture and fittings,a fully equipped kitchenette, television with cable

World Class CampusGlobal environment in a developing economy

connection etc. Each bedroom has voice and dataports for telephone, the campus LAN and Internet.These are serviced apartments, and the routinechores of house management are completely takencare of.

Other FacilitiesThe ISB provides dining, laundry, housekeepingand banking facilities. Also on campus are a WellnessCentre, a grocery store, courier services, traveldesk and a bookstore. The student’s every need isaddressed, allowing a student to focus exclusivelyon learning.

RecreationThe ISB offers excellent recreational facilities: awell-equipped gymnasium; swimming pool; tennis,basketball, badminton and squash courts; a footballfield and jogging track. The fitness options are many,catering to different fitness levels and health needs. Iffitness is not your forte, the campus offersenchanting walks and pathways leading to sunsetview points and quaint rock formations. One such,christened Nirvana Rock, plays a popular role in thestudents’ cultural life.

Joseph Hopper (Class of 03)

Being an international student here hasbeen even better than I had hoped for! Thefacilities and grounds are amazing, and themix of professors is the best anywhere.

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Life at ISB

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I feel I belong to this place. It’smore like home and I believethat I can grow at the sametime as I contribute to the ISB.

’’Suhail Alam ( Founding Class)

Leadstart’’

...as GoldmanSachs grows anddevelops itsfranchise in India,the ISB is anobvious choice forus to source toptalent....

Calum Forrest - Head ofEuropean Recruitment,Goldman Sachs International’’

The ISB leaders are professionals with high-endtechnological skills who have worked in organisationsaround the world. This has helped them develop athorough understanding of emerging economies andthe global work place.

The Career Advancement Services at the ISBfacilitates positive career growth. A team ofdedicated and trained professionals provides careercounselling and information services and conductsskill development workshops for all students. TheISB has set the trend for lateral recruiting bycompanies, as our students, with an average workexperience of 5 years, come out ready to hit theground, running. Around 145 companies

Building careersHit the road, running

participated in the placement process last yearand offered leadership roles to students.

Excellent Placement RecordThe ISB continues to have an excellentplacement record. The average annual domesticoffer was INR 1,177,000 while the highestdomestic offer was INR 3,033,000. The averageinternational offer was USD 120,700 with thehighest at a record USD 233,800.

Two women in the Class of 2006 got offersabove USD 200,000. The highest offer forwomen internationally was USD 223,400 with adomestic average of INR 989,000 .

Criteria for AdmissionGetting startedThe ISB aims to bring together people from a wide variety ofbackgrounds, nationalities, education and experience. The range ofexperience they bring together is diverse, from different economic, social,ethnic and geographical backgrounds, which add to a varied learningexperience. What they share is a record for achievement.

To be eligible, you must meet the following requirements:• A Bachelor’s degree in any discipline.• Preferably two years of full-time post qualification work experience.• A standardised test score-GMAT. GMAT scores for the last five years

are valid.• We consider exceptional applicants with CAT scores. If they meet the

combined admissions criteria, a conditional offer of admission may bemade subject to their taking the GMAT by Feb 28, 2007 and obtaininga minimum score of 690. CAT scores obtained since 2002 will beaccepted.

• TOEFL score is required, if you are an overseas student and Englishis not the primary language of instruction in your country.

Admissions will evaluate all applications on the above basis. Shortlistedcandidates will be interviewed as a part of the selection process.

Leadership Potential:Preference is given to students who havedemonstrated leadership qualities in their workor academic life. This is assessed primarilythrough recommendations/referencesincluded in the application. Students mustinclude recommendations from their workplace,preferably from their direct supervisor.While most applicants may not have had achance to demonstrate leadership skills at thepublic level, initiatives at work or in theirpersonal life will help the committee assess thecandidate’s potential.

Diversity:The ISB believes that student diversity is a veryimportant element of an international education.Applicants are encouraged to describe theirbackgrounds and provide details about what andhow they can contribute to the studentcommunity. Diversity can be in the form ofeducational background, work experience,nationality or personal experiences and goals.

Academic Background andGMAT Scores:The programme is rigorous, and since itsduration makes it even more challenging,students must possess a convincing academicrecord. Our evaluation therefore, considers thestudent’s undergraduate performance. Howeverthere is no cut-off score. Likewise we also assessperformance based on GMAT. Here again, we donot have a cut-off GMAT score. While a goodGMAT score helps, an average score can becompensated for by achievements in other areas.

Work Experience:The ISB prefers applicants with a minimum oftwo years of work experience. The diverseprofessional experience of students contributesto the rich and stimulating learning in the ISBprogramme. We are specifically interested in howthey have contributed to their organisation.Special weightage is not given to any particularcompany, industry or job function. Successfulapplicants must demonstrate managerial andleadership potential, maturity, drive and focus.

US President, George Bush addressing a conclave

Michael Dell addressing the students at the ISB

Lloyd Blankfein, President and COO, Goldman Sachssharing his experience with the students

Daniel Vasella, Head - Novartis at the Graduation day

Visitors at the ISB

Condoleezza Rice - US Secretary of State, and Rajat Gupta -Chairman, ISB

The Corporate Leadership Immersion Programme(CLIP) allows corporates to plan the career paths ofhigh performing employees by grooming them forsenior management positions within the company.A place on CLIP or the sponsorship programme is anincentive for the employee that will encourage him/her to stay and grow with the company. It alsoaccelerates the speed at which managers can moveinto senior management positions. For employers, itis also a chance to motivate employees by investing ina world-class education for them. Organisations thathave sponsored their employees include Citibank,Intel Corporation, Hindustan Lever Limited, TheStandard Chartered Group, ITC, Satyam and Dr.Reddy’s Labs. Sponsored candidates have to meetthe ISB admission criteria.

ScholarshipsThe ISB and several companies offer scholarships todeserving candidates. Roughly one in three studentsat the ISB will receive a scholarship ranging fromINR 1 lakh to INR 14 lakhs. Scholarships are bothneed and merit based. Applicants who wish to beconsidered for the ISB scholarship must fill in thescholarship application form, in addition to theadmission form. Several companies like Citigroup,

HSBC, Novartis, KC Maritime also offerscholarships. There are scholarships available fromUS based foundations for applicants of US origin,which are awarded on the basis of merit and need.

LoansThe ISB has arrangements with leading banks toprovide loans at a concessional rate. The loans havea moratorium period of 15 to 18 months and can berepaid over a period of 10 years. About 70%of the class avails loans. These loans are customisedfor the ISB students and usually do not requireany collateral. Applicants with non-Indian passportsmay seek students loans from the InternationalEducation Finance Corporation. For details, pleasevisit www.iefc.com

Rolling Application process forInternational ApplicantsApplicable to all international applicants, the rollingapplication process begins on July 1, 2006. Theapplicant needs to submit an application online andsuccessful applicants will be interviewed within onemonth of the application submission date and will beinformed about the decision two weeks from thedate of the interview. Applications may be submittedon any date before January 31, 2007.

The Sponsorship Programme

Financial Aid & other details

The academic investment of USD 31,000* or INR 1,390,000 covers tuition, course materials,learning resources, activities and events, IT infrastructure, software licences, support services andother administrative expenses. Additionally, accommodation expenses for serviced apartments areUSD 2,800* or INR 126,000 for independent rooms with common amenities and USD 4,800* orINR 216,000 for studio apartments. Dining facilities are available on campus on pay per meal basis.A refundable security deposit of INR 15,000 is collected at the start of the programme. The intake forthe class of 2008 is 425 students.

Note:• The amounts payable to the ISB are fixed in INR. Payments may be made in any other currency but the amount realized in INR by the ISB

needs to be equal to the amounts fixed in INR.• It is mandatory to live on the campus.• Every student is required to have a laptop computer. There are vendors identified by the School where they can be bought from (ISB will facilitate

in getting special rates), or own laptops can be brought. Please note that these will have to be compatible with the specifications given by theschool on admission.

• Service tax, if any will be charged extra. The present rate is 12.24 %. At present based on legal advice received from Senior Counsel, we areunder no obligation to pay service tax with respect to our educational programmes. This matter has however not been taken up for adjudicationby the Service Tax Department. Therefore, should we be subjected to service tax by a Departmental order in respect of the said amount for theyear 2007-2008 and called upon to pay service tax at a future date, then we reserve our right to forward a supplementary invoice for paymentin respect of the amount as may be demanded from us. This should not add to your service tax liability as of now. Because under the CENVATCredit Rules 2004 such payments are eligible for input credit that may be utilised to offset any output tax liability. Such liability may be by wayof excise duty or service tax on output services, in respect of which the said services secured by such payments have been used input services.

* The fee in USD has been calculated at INR 45 per dollar. The actual fee will be calculated at the prevailing rate at the time of payment.

PGP 2007-08 - Investment

Competitive fee structureA management programme is an investment that adds value to your career and helps yourpersonal enrichment. It helps you take on tomorrow with confidence and foresight.

Disclaimer: The information provided in this brochure aims to be correct as far as possible at the time of publication but the Indian School of Businessreserves the right to make changes to policies, fees, curricula, faculty or any other or all matters cited in this publication.

INDIAN

*A 2 Year management programme has an ‘Opportunity Cost’ of loss of post-MBA salary for the additional second year.(The number used is the average salary of an ISB graduate in 2006)

ISB OTHER INDIAN B-SCHOOLS

Duration 1 Year 2 YearsTuition Fee INR 1,390,000 INR 300,000 - 600,000Loss of salary for 2nd year Nil INR 1,100,000*Total cost (Tuition and opportunity cost) INR 1,390,000 INR 1,400,000 - 1,700,000

ISB INTERNATIONAL B-SCHOOLS

Duration 1 Year 1 Year MBA* 2 Year MBA**Tuition Fee INR 1,390,000 INR 2,025,000 NR 3,150,000Living Expenses (Estimated) INR 175,000 INR 675,000 INR 1,350,000Tuition and living expenses INR 1,565,000 INR 2,700,000 INR 4,500,000* Estimated fees of Top 5 B-Schools from Business Week 2004. **Estimated fees of Top 20 B-Schools from Business Week 2004.The above table is for the purpose of illustration only.

INTERNATIONAL

The application is online and open from July 1, 2006. Please visit www.isb.edu/isbappfor more details. Programme commences from April 14, 2007.

PARTICULARS CYCLE 1 CYCLE 2Application Deadline October 03, 2006 December 01, 2006Offer Decision December 15, 2006 February 15, 2007Acceptance Decision January 03, 2007 March 01, 2007

APPLICATION SCHEDULE

The ISB Executive BoardAnil Ambani Chairman and Managing Director

Reliance Energy Limited

Rahul Bajaj ChairmanBajaj Auto Limited

Purnendu Chatterjee ChairmanThe Chatterjee Group

Yogesh Deveshwar ChairmanITC Limited

Adi Godrej ChairmanThe Godrej Group

Rajat Gupta ChairmanISB & Sr Partner WorldwideMcKinsey & Company, Inc.

K V Kamath Managing Director and CEOICICI Bank Limited

Uday Kotak Executive Vice Chairman andManaging DirectorKotak Mahindra Bank Limited

Anil Kumar DirectorMcKinsey & Company, Inc.

Harish Manwani President, Asia & Africa,UnileverChairmanHindustan Lever Limited

Kiran Mazumdar- Shaw Chairman and Managing DirectorBiocon India Limited

Lakshmi Mittal Chairman and CEOMittal Steel Company

Sunil Kant Munjal Managing DirectorHero Corporate Services Limited

N R Narayana Murthy Chairman and Chief MentorInfosys Technologies Limited

Shiv Nadar ChairmanHCL Technologies

Deepak Parekh ChairmanHDFC

Rajendra Pawar ChairmanNIIT Limited

Girish Reddy Managing PartnerPrisma Capital Partners LP

Analjit Singh ChairmanMax India Limited

Pramath Raj Sinha Founding Dean, ISBManaging Director & CEOABP Private Limited

Mallika Srinivasan DirectorTractor and Farm Equipment Limited

The ISB Governing BoardBernard Arnault Chairman and CEO

LVMH

Manvinder S Banga President - FoodsUnilever N V

Scott Bayman President and CEOGE India

Riley Bechtel Chairman and CEOBechtel Group, Inc.

Ronnie Chan ChairmanHang Lung Development Company

Keki Dadiseth Director, HPC DivisionUnilever PLC

Michael S Dell Chairman of the BoardDell Inc.

Juergen Fitschen Member, Group Executive CommitteeDeutsche Bank AG

Urs Hoffman Managing DirectorCredit Suisse Group

Prabhu Goel CEO and ChairmaniPolicy Networks

Vinita Gupta FounderQuick Eagle Networks

Vinod Gupta Founder and CEOInfoUSA, Inc.

Patrick Harker DeanThe Wharton School

Gabriel Hawawini DeanINSEAD

Donald Jacobs Dean EmeritusKellogg School of Management

Dipak Jain DeanKellogg School of Management

Uday Khemka DirectorSUN Group of Companies

Vinod Khosla General PartnerKleiner Perkins Caufield & Byers

Bon-Moo Koo ChairmanLG Chemical Ltd. / LG Electronics Inc.

Arjun Malhotra Chairman and CEOHeadstrong Corporation

Aman Mehta Former Chief Executive OfficerHSBC Limited

Victor Menezes Former Senior Vice ChairmanCitigroup

Heinz-Werner Meier DirectoireAventis SA

Yoshihiko Miyauchi Chairman and CEOOrix Corporation

Mark Moody-Stuart DirectorHSBC Holdings PLC

James Murdoch Chairman and CEOBritish Sky Broadcasting

Vikram S Pandit Former Co-President and COO,Institutional Securities Group,Morgan Stanley

Henry Paulson, Jr. Chairman and CEOThe Goldman Sachs Group, Inc.

Teh Kok Peng PresidentGIC Special Investments Pte Limited

M Rammohan Rao DeanISB

Arun Sarin Chief ExecutiveVODAFONE Group PLC

James Schiro Chief Executive OfficerZurich Financial Services

Jurgen Schrempp ChairmanDaimler-Chrysler

Ajay Shah Founder and CEOShah Capital Partners

Charles Miller Smith ChairmanScottish Power PLC

Martin Sorrell Chief Executive OfficerWPP Group PLC

Sanjay Subhedar General PartnerStorm Ventures

Rana Talwar ChairmanSabre Capital Worldwide

Laura Tyson DeanLondon Business School

Daniel Vasella Chairman and CEONovartis International AG

Romesh Wadhwani CEO and Managing PartnerSymphony Technology Group

Jacob Wallenberg ChairmanSkandinaviska Enskilda Banken

Arshad Zakaria President and CEONew Vernon Capital LLC

Peter Zencke Executive Board MemberSAP AG

ISB Campus • Gachibowli • Hyderabad - 500 032 • India • Phone: + 91 40 2318 7474 • Fax: +91 40 2300 7099• Email: admissions@isb.edu

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