Visiting Indian School of Business Day 1!

Question

Indian School of Business Visit Day 1  
Day 1 was extremely informative and after an elaborate south Indian breakfast, we soon headed to a presentation hall where the admission team was waiting for us.
I will try to keep the points of the presentation in bullets because these will be really helpful for future international and domestic applicants.

PGP Program overview  - Hima Bindu (admissions team)

Area Leaders : Associates of specific subjects from associate schools including Wharton (finance), Kellogg (marketing), MIT (operations) 
 Research centers in 13 different areas 
 Healthcare- Special focus on Healthcare management and consultancy considering 2X healthcare expansion in India by 2020 
 Merit Based school NO CASTES- Hence no university status! In my opinion its a bold but truly commendable decision by the admission team. 
 Center of emerging markets- Community development  
  AACSB accredited  – Only south Asian school to have the accredition 
 Famiy business program  (NEW) – Not Full time 
 PGPMAX program for senior execs – Min 10 years of exp 
 29% women 
 5% truly international students  
 50 permanent faculty- 100+ visit ISB annually from all over the world 
 Case study- being independent of HBS. ISB publishes its own India based cases jointly with HBS and Ivey (Western Ontario) 
 ISB is NOT FOR PROFIT

ISB Admission presentation  - Mr. Kannan (Director of admissions)
 Admission committee consists of admissions, alumni, recruiters, faculty and deans
Current students volunteer to read applications and provides opinions.
A 3rd executive from the admissions team looks through the application and read opinions and calls for interview.
 There is a strong possibility of the removal of the video essay next year  
  770 intake since the class of 2013 keeping the admission ratio constant 
 Campuses are NOT selected on the basis of profiles, however a near identical profile homogeneity is maintained. 
 Campus interaction in the form of exchange opportunities 
 In spite of having a HIGHER admission percentages the selectivity is similar because the applicant pool is getting stronger.  
 1 year program with the same amount of contact hours (680 hours at ISB comnpared to 720 hours in a typical 2 year program) 
 Experimental learning program with recruiters (this serves as a sandbox internship experience) 
 PaEV- Planning and Entrepreneurial venture  
 Consulting, BFSI and IT are the top 3 recruiters with 13, 14 and 21 percentages. 
 Largest consultant employers: Deloitte, McKinsey, Booz 
 Most of the recruits join the Indian arm of the companies. 
 Sales and Marketing: Unilever. P&G however has a lower presence 
 EDI- Entrepreneurship development Initiative provides Financial support, Mentoring and other resources. 
 Non profit recruits have a 2 year loan forgiveness program. 
 GMAT and academic record is almost given a 40-50% weight. 
 Need based, merit based and corporate scholarships. However full tuition waivers are NOT possible and 50% tuition waiver is the maximum. 
 Most international candidates are (600)
  Indian passport holders localed internationally  
 Indian origin International passport holder 
 Truly internationals (25-30) with an admission rate of 50%

Doing Business in India 
 ISB does not fail to recognize that foreign perception of India is still not entirely satisfactory. It is still a slightly un-exaggerated version of

https://content.screencast.com/users/SouvikB/folders/Jing/media/5ab24db8-1280-4a63-9275-f9d33ec5e893/2013-03-22_1555.png

However ISB is extremely determined to show other more important facets of the Indian business-friendly culture which is pretty evident from stats such as:

https://content.screencast.com/users/SouvikB/folders/Jing/media/6b0241de-a8cd-4ed0-9737-4c3917f1cec1/2013-03-22_1600.png

https://content.screencast.com/users/SouvikB/folders/Jing/media/05fd064e-5360-4e69-821f-c4c27e417fd0/2013-03-22_1601.png

India continues to be one of the major growing economies and provides one of the greatest places to work post MBA

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Visiting Indian School of Business Day 1!

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