News, 169 STUDENTS GRADUATE FROM THE INDIAN SCHOOL OF BUSINESS- NEW SUMANTRA GHOSHAL AWARD INSTITUTED- Indian School of Business (ISB)

ISB professors discuss the financial crisis- News, ISB professors discuss the financial crisis- Indian School of Business (ISB)

Thu, 30 Oct 2008 03:09:13 GMT

Choppy stock markets, liquidity crisis, credit squeeze, escalating interest rates, inflation hovering at a 12 percent, the global downturn has indeed left all of us asking for answers and assurances.

In such a backdrop, the ISB community recently organised a forum to analyse the genesis of the global financial crisis, to derive lessons that can help avoid or at least reduce the possibility of such circumstances in the future, and also to discuss its implications for India, and finally take lessons for the way forward.

A student-driven initiative organised by the Finance Club from the Class of 2009, the discussion had on its panel, Visiting Associate Professor, Sumit Agarwal from the Federal Reserve Bank of Chicago, Rajesh Chakrabarti, Assistant Professor of Finance, ISB, who researches the Indian financial sector, and Ramabhadran Thirumalai, Assistant Professor of Finance, who is also the resident expert on derivative instruments.

Professor Agarwal began the session by explaining the benefits of securitisation, and how it went from good to bad to ugly. “The number and share of sub prime mortgages increased rapidly over the last few years. Whether factors like rising house prices, excess liquidity, increased securitisation and lax underwriting standards led to increase in sub prime mortgages, or the increase in sub prime mortgages led to these factors occurring, is a chicken and egg kind of situation, and open to debate,” he said. He went on to explain how ‘Mortgage Backed Securities’ are structured by slicing and dicing mortgages, and how they are packaged and resold to institutions across the financial system. Professor Agarwal pointed out that because of the complex structures of these instruments; the instrument holder had no clue about what underlying asset the instrument represented. “As long as the housing prices remained high, there were no problems. But when the house prices in the US fell and the sub prime borrowers were unable to repay the mortgages, it led to a cascading of delinquencies in the system,” he explained.

Professor Rajesh Chakrabarti started by discussing what does the financial crisis entails for India. “The news is not that bad for India. Being conservative over the years has helped Indian banks to be in better shape than its foreign counterparts,” he noted. Professor Chakrabarti further explained that even 10 years ago, when the Asian financial crisis hit the economy, India was spared from the worst effects as it had limited exposure to the global economy. Indian regulations have resulted in a somewhat insulated Indian economy. However, he noted, that it doesn’t mean that India will not be affected by the current economic downturn. It is in someway connected to the global economy.

Professor Chakrabarti then went on to discuss the Indian banking system. He informed that in India there is very limited exposure to sub-prime. Few banks have some exposure to CDOs though their international units. Many Indian banks held securities linked to Lehman. Amongst Indian banks, 14 banks had exposure to Lehman or its subsidiaries. Further, Indian banks have a capital adequacy ratio of 13% as against the norm of 8-9% in global banks, and thus Indian banks are stable and strong.

“The current global crisis will hit the financial service sectors the most since it is more connected to the world’s sentiments. Firms that deal in brokerage or trading are the ones likely to be hit the most,” Professor Chakrabarti said. He added that although the falling oil prices are a respite, the rupee depreciation is making the scenario worse. “At the same time, there has been no major macro effect that suggests that Indian economy is doing badly. India has a strong domestic market and is not as market driven as other economies in Asia,” he added. Professor Chakrabarti suggested that inflation is expected to come down with falling oil prices. Although falling rupee is a concern. “All this suggests that we are not completely insulated and there is a degree of vulnerability,” he concluded.

Professor Thirumalai elaborated on the complex derivatives structures that were involved, which ended up compounding the crisis. Another important aspect was the fact that these derivative exposures were so complex that most institutions did not even realise the true extent of their exposures and this was the reason why remedial action was difficult to implement. Also, the extreme complexity left institutions at a loss on how to fair value these exposures, especially in volatile markets. “At best, the pricing was done on the basis of some remote possibilities of severe defaults, and this was considered remote and hence valuations did not reflect realities, to say the least,” he said.

The panel also discussed extensively on the bailout package. The opinion of the panel was that the bailout package was necessary and in its expanded form more relevant – it is better for the US government to actually acquire stakes in these institutions rather than just buy bad or toxic loans.

The panel agreed that India is well positioned to weather the global storm because institutions are now more risk aware and risk focussed, and both regulators and governments fully realise the extent of the problem and are working towards tackling it. Finally vested interests will ensure global stability and security to prevent extremist elements from taking advantage of turmoil

The Finance Club at the ISB comprises of finance and accounting professionals and also those who aspire for a career in the field of finance. The Club organises several such knowledge sharing forums and both formal and informal interactions with eminent business leaders from the finance domain

For more information please contact:
Bhuvana Ramalingam
Senior Director – Communications
Indian School of Business
Tel. : 91 40 2 300 7000
email : bhuvana_r@isb.edu

www.isb.edu

ISB explores an Indian Leadership Model- News, ISB explores an Indian Leadership Model- Indian School of Business (ISB)

Thu, 30 Oct 2008 03:13:13 GMT

The Indian School of Business (ISB) is organising a conference on Leadership and Change Management. The theme of this conference is ‘Igniting the Genius Within’. The conference is being organised under the aegis of the Centre for Leadership Innovation and Change (CLIC) at the ISB. The conference will be held from October 24 to 26, 2008 at the ISB campus

CLIC has created a unique ‘Integral Approach’ to study Leadership, Innovation and Change Management – which is based on wisdom traditions, scientific principles and management practices. This conference aspires to create a community of researchers and practitioners of this approach.

Speaking on the need for this approach to Leadership, M Rammohan Rao, Dean, ISB said, “With an increasingly global workplace and a multicultural workforce, organisations are in a stage of transformation and require new age leaders, who have the ability to develop more leaders around them. CLIC at the ISB aspires to study companies, organisations and current leaders, prepare cases to develop this model of leadership.”

Speaking on the need for a platform such as this, Professor Prasad Kaipa, Executive Director, CLIC said,”When well established financial models have collapsed, when senior executives are accountable for jobs of thousands of employees, when subtle differences in character, attitudes, values and ethics begin to shape political futures in the current context, we need a new model of innovative leadership and this is precisely where CLIC has focussed its efforts”

“Indians are leadership material and this has been proved many a time. With Indians being increasingly recognised as leaders globally, it is critical that Indian leadership practices are given the importance they deserve. We will research on Indian wisdom practices that will support in building leaders who will inspire change, bring innovation, and build sustainability and ethical values in what they do

A highlight of the conference is the world café concept, which involves collecting opinion and views of all participants and using this data and the basis for further thought and action. Several interesting activities will add to the uniqueness of this conference. A graphic artist will be present on the occasion to visually interpret the proceedings of the day to day activities.

The conference has attracted participation from eminent leaders such as O P Bhatt, Chairman, State Bank Group, Neeraj Bharadwaj, CEO, Apax Partners, Neerja Raman, Reuters Fellow, Stanford University, Dr Lee Hartwell, 2001 Nobel Laureate in Medicine, Domien Van Gool, CEO, Leader Academy, Belgium, Srinath Pendyala, Vice President and GM, Hewlett Packard and Dr Gary Jusela, Former CLO of Home Depot among others.

This conference will create a community of leaders who will follow contemporary approaches for developing global leadership, sparking innovation and nurturing change in organisations.

About the CLIC:

The Centre for Leadership, Innovation, and Change (CLIC), is the fifth centre of excellence set up at the ISB. Its mission is to develop accountable and ethical leaders in organisations and society, committed to practicing personal leadership, enhancing stakeholder engagement, sparking innovation, changing mindsets and inspiring leadership at all levels. The Centre will also address the opportunity that is available to develop global leaders from India and emerging economies.

About the ISB:

The Indian School of Business is a premier management institution established in 2001. In a short span of seven years, the ISB has successfully pioneered several new trends in management education in India and has established itself as a leading B-school across the world. The ISB has a strong pool of research oriented resident faculty and invites high calibre international faculty from reputed B-schools to teach in its Post Graduate Programme in Management/Executive Education Programmes as well as to participate in collaborative research with the resident faculty. The ISB has academic associations with the Kellogg School of Management, The Wharton School, and the London Business School

For more information please contact:

Bhuvana Ramalingam
Senior Director – Communications
Indian School of Business
Tel.: 91 40 2 318 7431
e-mail: bhuvana_r@isb.edu

www.isb.edu

Second Campus at Mohali Announced- News, Second Campus at Mohali Announced- Indian School of Business (ISB)

Wed, 12 Nov 2008 04:35:19 GMT

Government of Punjab, ISB and 4 Business Leaders come together for a new ISB Campus at Knowledge City, Mohali
Analjit Singh, Rakesh Bharti Mittal, Sunil Kant Munjal & Atul Punj jointly commit funding of Rs. 200 crs

Chandigarh, New Delhi, Hyderabad, November 12, 2008: The Government of Punjab today, signed a tripartite agreement with Indian School of Business (ISB) and four Indian Business Leaders to set up a second ISB campus at Knowledge City, Mohali. The Agreement was signed in the presence of Punjab’s Chief Minister Parkash Singh Badal by Anjali Bhawra - Secretary, Higher Education, Government of Punjab, Rajat Gupta - Chairman, ISB, and four Founder Supporters of the ISB campus at Mohali, Analjit Singh - Chairman & Managing Director of Max India Limited, Rakesh Bharti Mittal - Vice-Chairman & Managing Director of Bharti Enterprises Limited, Sunil Kant Munjal - Managing Director & Chief Executive Officer of Hero Corporate Service Limited, Atul Punj - Chairman, Punj Lloyd Group.

The 70 acres ISB campus site at Mohali has been allotted by the Government of Punjab on a 99 years lease at Rs. 1 per acre annually, as a part of its vision to establish a world class premier management institute at Knowledge City, Mohali. Based on an invitation by the Government, the four Indian Business Leaders along with ISB submitted their Expression of Interest to set up a second campus of ISB at Mohali, along with their intent to make a significant financial contribution for establishing the Campus. The first academic session at the ISB campus in Mohali is expected to commence in 2012.

Speaking at the occasion, Mr. Bikram Singh Majithia, Information & Public Relations, Water Supply & Sanitation, Science & Technology and Environment Minister, Government of Punjab, said "It gives me great pleasure to announce the setting up of a new campus of ISB at Mohali. This has been possible due to the vision of our Chief Minister Sardar Parkash Singh Badal and the unrelenting effort of our Party President, Sardar Sukhbir Singh Badal. It will help facilitate the emergence of Mohali on the national map as an important centre of higher learning, especially with other national institutes of excellence coming up here. I want to thank the four Founder Supporters Analjit Singh, Rakesh Bharti Mittal, Sunil Kant Munjal & Atul Punj for reiterating their support and commitment to Punjab by helping make this a reality. We will provide all the support and assistance needed to ensure that the Campus becomes functional on time."

The ISB, with the support of existing associate schools, Wharton School and Kellogg School of Management, will set-up and run the Mohali campus, just like its Hyderabad campus, as a world class academic institution for providing Post Graduate Programmes in Management and short duration Executive Education Programmes. The ISB campus at Mohali will have the following four specialist Institutes, termed as Centres of Excellence, for promoting research and offering additional specialisations in the Post Graduate Programme:

Max India Institute of Healthcare Management
Bharti Institute of Public Policy
BML Munjal Institute of Manufacturing and Operation Excellence
Punj Lloyd Institute of Physical Infrastructure Management

The ISB campus at Mohali proposes to have 280 seats in its Post Graduate Programme. It will also have several short duration Executive Education Programmes where approximately 750 professionals will be able to participate.

ISB will have a unified governance structure, with the ISB Board as the Statutory Body overseeing and supporting both campuses at Hyderabad and Mohali. A Deputy Dean, will be appointed to run the ISB campus at Mohali, including the four Centres of Excellence. It will additionally have the benefit of a Campus Advisory Board while the Centres of Excellence will be advised by their individual Institute Advisory Councils. The ISB faculty will be available for teaching on both campuses and all standards and processes will be common across both campuses.

The Founder Supporters of the ISB campus at Mohali, who are playing a key role in setting up the Business School, will contribute a sum of Rs. 50 crores each. While they are members of the ISB Executive Board, they will also be represented on the Campus Advisory Board of ISB campus at Mohali and will Chair the respective Institute Advisory Councils. The Founder Supporters will extend their existing support for Placements/Internships, Programmes on Campus and Visiting Faculty to the ISB campus at Mohali.

Official Quotes:

Rajat Gupta, Chairman of the Board of Directors, ISB
Rajat Gupta, Chairman, ISB, remarked, “It has been an exciting and eventful journey for ISB from its inception in 2001 to becoming a top ranked global business school in seven years. The Mohali campus is another significant milestone for us. I am grateful to the vision of Chief Minister Parkash Singh Badal and our Founder Supporters for making it possible for us to bring high quality education within the reach of more and more Indians.”

M Rammohan Rao, Dean, ISB
“The ISB owes its remarkable success to the high level of commitment of its Executive Board, the resident and visiting faculty, its administrators, and its alumni. The core team that has made the ISB successful will be deeply involved in the new campus as well. We have groomed high quality talent for the country and I am delighted that we now have the opportunity to groom talent for new growth sectors especially healthcare, manufacturing, infrastructure and public policy.”

Analjit Singh, Chairman & Managing Director, Max India Limited:
“The importance of establishing world-class educational institutions in India cannot be overemphasized. I feel that being a part of the creation of ISB Mohali is a privilege. Such a partnership is a once in a lifetime opportunity. Today’s first step towards creating the ISB Mohali campus is a three-dimensional win for ISB, Government of Punjab and the four Founder Supporters.
The Max Institute of Healthcare Management will impart Industry relevant skillsets to students in this Program to meet India’s growing need for quality healthcare professionals. “

Rakesh Bharti Mittal, Vice Chairman and Managing Director, Bharti Enterprises Limited:
“At Bharti, we have always believed in undertaking transformational projects that have a positive impact on the society while contributing to the nation building process. In today’s rapidly changing environment India needs an institution to promote quality research and education in the area of public policy. With Bharti Institute of Public Policy, our aim is to create the first of its kind world-class institution that will create a talent pool and provide meaningful insights, facilitating the policy making process in various strategic areas. We are delighted that our support to ISB for its second campus in Mohali will benefit the Indian youth, including those in the region, with quality education in Management.”

Sunil Kant Munjal, Managing Director & Chief Executive Officer, Hero Corporate Service Limited:
“Given our strengths in manufacturing, we’ve been looking to promote a centre for manufacturing and operational excellence that would firstly help us replenish our talent pipeline, and secondly, make India’s manufacturing sector globally competitive. In ISB, we have found the right partner to fulfill these objectives.”

Atul Punj, Chairman, Punj Lloyd Group:
Education will play a transformational role in growth and social well being of India and the Punj Lloyd Group is proud to be associated with the Government of Punjab, other Founder Supporters and ISB in this landmark public-private partnership which will play a critical role in generating a huge pool of skilled managers to meet not just India's but also the global skills shortage in the construction industry. I am delighted that the Punj Lloyd's Institute of Physical Infrastructure Management is being set up at the Indian School of Business at Mohali campus which will be a unique institute offering managerial skills in the infrastructure segment."

For further information please contact:

Ms. Bhuvana Ramalingam
Senior Director – Communications
Indian School of Business
+91 9394568016
e-mail: bhuvana_r@isb.edu

www.isb.edu

Second Campus at Mohali Announced- News, Second Campus at Mohali Announced- Indian School of Business (ISB)

Wed, 12 Nov 2008 05:17:31 GMT

Max India Institute of Healthcare Management
Bharti Institute of Public Policy
BML Munjal Institute of Manufacturing and Operation Excellence
Punj Lloyd Institute of Physical Infrastructure Management

For further information please contact:

Ms. Bhuvana Ramalingam
Senior Director – Communications
Indian School of Business
+91 9394568016
e-mail: bhuvana_r@isb.edu

www.isb.edu

ISB hosts a conference for discussing innovative business strategies for emerging India- News, ISB hosts a conference for discussing innovative business strategies for emerging India- Indian School of Business (ISB)

Mon, 15 Dec 2008 12:19:24 GMT

High level participation from 120 international and 45 indian b schools
Indian industry leaders contribute to research
60 Deans from leading international and indian B schools congregate to discuss the future of business education

Hyderabad, December 13, 2008: The Indian School of Business (ISB), in collaboration with the Strategic Management Society (SMS), USA, is organising a high profile international conference from December 12-14, 2008, at the ISB campus, Hyderabad, India. The conference, with the theme "Emerging India: Strategic Innovation in a Flat World," is led by Professor C.K. Prahalad, Paul and Ruth McCracken Distinguished University Professor of Strategy, Ross School of Business, University of Michigan. Professor M B Sarkar, Associate Professor & Stauffer Research Fellow, Fox School of Business, Temple University and Professor Charles Dhanaraj, Associate Professor, Richard Ivey School of Business, University of Western Ohio are the Co-Chairs for this conference.

Speaking on the significance of the conference, Rajat Gupta, Chairman, ISB said, “The ISB’s success story is reflective of the Indian Leadership and Innovation that is increasingly gaining acceptance across the world. The world is looking at a resurgent India and there is an urgent need for business schools to understand and research these practices. I feel that the SMS conference will play an important role in transferring the knowledge of these practices beyond India.”

The conference has attracted high level participation comprising 45 Indian and 120 international business schools across the world. World renowned scholars specialising in ‘Strategy’ will engage with the brightest Indian academics and business leaders for three days of intense interaction, learning, and networking. The conference is a platform to integrate researchers, academic leaders, and business executives in India with their global counterparts to co-learn and co-create a greater enterprise. Renowned academics such as Tarun Khanna, Harvard; Pankaj Ghemawat, IESE, Spain; Harbir Singh, Wharton and Area Leader of Strategy at the ISB; Yves Doz, INSEAD, and others will lead several discussions on issues of globalisation of India Inc, multinational innovations in India, Indian leadership in strategy, etc.

“This is the first time that a conference of this stature is being conducted in India where leading Indian schools are collaborating to promote research,” said M Rammohan Rao, Dean, ISB. “In the past we have looked up to developed countries for thought leadership. I hope the conference generates enough momentum to stimulate a lasting interest in utilising India’s intellectual capability so that we can become a crucible for thought leadership in the future.”

Learning from India Inc

As Indian firms emerge into the global scene, they bring with them their unique brand of innovative practices, which has created the need for re-thinking of strategic tenets. At least 15 CEOs from Airtel, Reliance Petroleum, ICICI, Biocon, GE, Nokia, Satyam Computers, Tata Sons, Bharat Forge, and others who are putting India on the global map and are some of India’s biggest success stories, will engage with world renowned ‘strategy’ scholars to share their experiences and insights and in turn learn from cutting edge research findings from the academics present.

Speaking on the new model of leadership emerging from India, Professor C K Prahalad, said, “Indian companies have responded well to the demands of globalisation and have transformed themselves into strategic global players. The high velocity of change in the Indian setting, unique elements of the Indian environment, and key attributes of our culture have engendered an ‘Indian’ model of leadership. This Indian Leadership model has the potential to be applied anywhere else in the world.”

Deans of leading business schools congregate

About 50 Deans of leading international business schools such as INSEAD, Kellogg, Chicago Graduate School of Business, IESE Business School, HKUST and others will meet Deans of leading Indian business schools such as ISB, IIM- Calcutta, and others for the first time at the Dean’s Conclave. They will discuss the changes in the role and function of business schools and discuss ideas on how to integrate the emerging economies in the process of creating knowledge through research.

Grooming World Class Researchers and Faculty

India’s experience in business innovation for emerging economies offers rich possibilities for learning and research. This calls for a radical transformation in academic research in business schools. The conference has several consortia and workshops – the Doctoral Consortium, the Faculty Consortium and the Senior Faculty Consultative Workshop. These will promote collaborative research amongst senior faculty and provide opportunities for senior faculty to mentor junior faculty and doctoral students. Evaluating and encouraging research ideas, creating peer review processes, building international linkages for faculty exchange, gaining insights on the research and publication process are some of the benefits that will be derived from these interactions. Additionally, the conference will create an excellent opportunity for scholars from other countries to learn about the developments and research opportunities in India.

About the ISB

About the SMS

The Strategic Management Society (SMS) – a professional society for the advancement of Strategic Management is unique in bringing together the worlds of reflective practice and thoughtful scholarship. The Society consists of more than 2,000 members representing a kaleidoscope of backgrounds and perspectives from more than fifty different countries. Members comprising academics, business practitioners, and consultants, focus on the development and dissemination of insights on the strategic management process, as well as on fostering contacts and interchange around the world.

For further information, please contact:

Ms. Bhuvana Ramalingam

Senior Director – Communications

Indian School of Business

Tel.: 91 40 2 318 7431

e-mail: bhuvana_r@isb.edu

Professor Rammohan Rao Steps Down as Dean of ISB- News, Professor Rammohan Rao Steps Down as Dean of ISB- Indian School of Business (ISB)

Thu, 08 Jan 2009 19:37:24 GMT

Hyderabad, January 8, 2009: Professor M Rammohan Rao stepped down as Dean of the Indian School of Business (ISB) today. In a letter to the ISB community, Rao explained the reasons for his decision.

“Unfortunately, yesterday’s shocking revelations, of which I had absolutely no prior knowledge, mean that we are far from seeing the end of the controversy surrounding Satyam Computers. My continued concern and preoccupation with the evolving situation are impacting my role as Dean of ISB at a critical time for the school. Given that my term with the ISB anyway ends in a few months, I think that this is an appropriate time for me to step down.”

The ISB Executive Board accepted Professor MR Rao’s resignation with immediate effect. A Dean Search is already underway since Professor Rao’s tenure was to conclude in June 2009. In the interim, Deputy Dean Ajit Rangnekar, who has been with ISB since 2003, will hold charge as Dean.

Assuring the community of his continued support for ISB, Professor Rao said, “I would like to thank all of you for the support and encouragement you have given me while leading this prestigious institution during the last four and a half years. While my work here remains unfinished, I take great pride in the fact that we have made great strides in attracting high-quality faculty and students to the school. We have established six research Centres of Excellence which are gaining world wide recognition. The Centre for Executive Education has been steadily growing in stature and the school is now financially sound. A significant achievement has been that we were able to put ISB on the global b-school map by attaining the FT-20 ranking.”

“This is a difficult decision for me, given my commitment to ISB, its faculty, students, staff, alumni, research, and academic associates. But, it is precisely this commitment that has convinced me that this decision is in the best interest of ISB.” Professor Rao was appointed as the Dean of ISB in July 2004.

Appreciating Professor Rao’s gesture to resign and recognising his contributions to ISB, Rajat Gupta, Chairman of ISB, assured the ISB community of the Board’s full support in the seamless functioning of the ISB.

“We believe the ISB leadership is well-positioned to take us forward during this period of transition. My fellow Board members and I are fully committed to supporting Ajit and the ISB team in tackling any challenges that you may face. While we recognise this has been a distracting few weeks, I hope to receive your full support in moving ahead to achieve greater heights for ISB,” said Gupta.

About the ISB

For further information, please contact:
Ms. Bhuvana Ramalingam
Senior Director – Communications
Indian School of Business
Tel.: 91 40 2 318 7431
E-mail: bhuvana_r@isb.edu

ISB Does It Again, Achieves Global Ranking of 15- News, ISB Does It Again, Achieves Global Ranking 0f 15- Indian School of Business (ISB)

Tue, 27 Jan 2009 15:29:31 GMT

Hyderabad, January 27, 2009: The Indian School of Business (ISB) has been ranked No: 15 in the global B-school rankings released by the Financial Times, London. Previously, in the year 2008, the ISB was ranked 20 by Financial Times, making it the first Indian business school to be counted among the world’s top 20. This is the second year in a row, when ISB has achieved a high rank among leading international business schools.

“I am very proud of the ISB’s achievement. The high level of commitment of the faculty, students, alumni, and the staff at the ISB as well as the unstinting guidance of its associate schools and the Board, have made it possible for this new institution to overcome many challenges in its formative years,” said Rajat Gupta, Chairman, ISB. “ISB’s vision is to make high quality education accessible to a large number of aspirants and I am delighted that the school is growing steadily to fulfill that vision.”

The ISB was established in 2001 by a group of leading industrialists and academicians from India and abroad. From 126 students in 2001, ISB has steadily increased the number of students year after year. The Class of 2009 will have 440 students graduating in April 2009. ISB will be increasing the number of students to 560 in the Class of 2010. Recently, the ISB also announced the setting up of a second campus at Mohali which is likely to commence classes in 2012.

Congratulating the ISB community, Ajit Rangnekar, Dean, ISB, said, “This is a testimony of the dedication and commitment of our faculty, students, alumni, and staff. ISB’s success is a clear demonstration of how the will, energy, and ambition of a diverse group of people can achieve an overarching vision in a remarkably short time. We owe immense gratitude to our Board, our associate schools, our Faculty Heads from these schools, and the former Deans of ISB, who have guided us through our eventful journey.”

The ISB community gathered at the Atrium to celebrate the occasion. Spouses, students, staff, children, faculty, and alumni expressed their elation jubilantly. Echoing the sentiments of the entire student community, Rohit Kapoor, the President of the Graduate Student Board at the ISB said, “It is fantastic to witness history unfolding at my alma mater! I am amazed at the quality of faculty that teach us and at how much I have learnt and grown in the last few months. We are all extremely proud to be ISBians, ISB Rocks!”

Within a short span of eight years, the ISB has made a mark for itself as a premier, B-School in India. Since its inception, the ISB has been a leader in the field of management education by bringing in international best practices and people. The ISB introduced the one year programme, unique portfolio model of faculty, students with prior work experience and diverse backgrounds, the GMAT score as a selection criterion, lateral placements, international quality research and several other initiatives. Being ranked ‘Fifteen’ among global B-schools is a validation of the ISB’s effort to establish an international B-School located in India.

About the ISB

For further information, please contact:
Ms. Bhuvana Ramalingam
Senior Director – Communications
Indian School of Business
Tel.: 91 40 2 318 7431
E-mail: bhuvana_r@isb.edu

437 STUDENTS GRADUATE FROM THE ISB'S CLASS OF 2009, ARUN SARIN, EX-VODAFONE CHIEF, IS THE CHIEF GUEST- News, 437 STUDENTS GRADUATE FROM THE ISB'S CLASS OF 2009, ARUN SARIN, EX-VODAFONE CHIEF, IS THE CHIEF GUEST- Indian School of Business (ISB)

Mon, 06 Apr 2009 15:35:59 GMT

Hyderabad April 4, 2009: The Indian School of Business (ISB) celebrated its eighth Graduation Day of the Class of 2009 at its campus today. The class comprising 437 students graduated with honours amidst jubilation and cheer. Present at the occasion were the Chief Guest, Arun Sarin, Chief Executive (Retired), Vodafone Group, Rajat Gupta, Chairman, ISB and Ajit Rangnekar, Dean, ISB. Arun Sarin addressed the gathering and handed over the certificates to students resplendent in their gowns and graduate hats. Witnessing the historic moment in the audience, were the eminent Board members, faculty, parents, friends, and relatives of the students.

The mood at the graduation ceremony was one of enthusiasm and joy. Ajit Rangnekar, Dean, ISB congratulated the Class of 2009 on successfully completing the Post Graduate Programme in Management and said, “You have gained new knowledge, learnt important lessons for life, made lasting friends, and collected memories that will be with you life long. We are very proud of you. I personally admire your tenacity, your resilience, pragmatism and the ability to rise above short term difficulties; you are a very special class indeed. I am sure that you will script your own destiny, that you will build doors when opportunity is slow to knock on your door, that you will go confidently in the direction of your dreams and live the life you have imagined.“

Chief Guest Arun Sarin, spoke about leadership qualities and encouraged the graduating class to aim high for success. Speaking to an animated audience, Rajat Gupta, Chairman, ISB mentioned the ISB being ranked 15th among the top B-Schools in the world by Financial Times, London, he said; “The ISB is now ranked among the best B-Schools in the World. In such a short time, the school has traversed a challenging but rewarding journey, and I am sure the future will unfold many more accomplishments.”

The Rajat Gupta Award for Excellence in Leadership, a special gold medal given to the ISB All Rounder and Best Achiever annually, went to Ashish Handa. Visibly excited at receiving the award, Handa said, “I am delighted! I have had the opportunity to be involved in many different activities at many levels. It is challenging and thrilling to be competing with such smart class mates. The high standards of achievement have helped me to transform myself into a leader. I dedicate this award to my parents.”

The ISB recognises meritorious students for their achievements with special awards. This year the ISB Scholars of Excellence Awards were given to Vivek Lath and Sumit Popli. “It is indeed a big honour to be selected as the ISB Scholar of Excellence from a class of highly competent professionals. ISB has been a life changing experience for me. It provided me with an opportunity to expand my horizons. Faculty at ISB are world-class, they bring a rich mix of industry experience and academic expertise,” said Vivek Lath, the topper of Class of 2009. The top 10 percent of the class made it to the Dean’s List for their distinctive performance in various activities.

Learning at the ISB is not limited to classrooms. This is demonstrated by the students’ response to Professor Dishan Kamdar, who was awarded the “Professor of the Year for Elective Courses”. This award is decided by the students through a system of nominations. The award was given to Professor Kamdar from the students of the Class of 2009 for the exceptional delivery of the course “Negotiation Analysis”. Students were enthralled by the quality of the course and strong conceptual foundations. “The out of classroom exercises he conducted were full of unexpected events that kept us on our toes. His was one of the most engrossing and entertaining classes at ISB,” said Chandrakant Chereddi, one of the students.

The Graduation ceremony concluded with the ceremonial toss of hats by the outgoing Class of 2009. Families and friends were witness to this emotional and proud moment.

About the ISB

The Indian School of Business is a premier management institution established in 2001. In a short span of seven years, the ISB has successfully pioneered several new trends in management education in India and has established itself as a leading B-school across the world. The ISB has a strong pool of research oriented resident faculty and invites high calibre international faculty from reputed B-schools to teach in its Post Graduate Programme in Management/Executive Education Programmes as well as to participate in collaborative research with the resident faculty. The ISB has academic associations with the Kellogg School of Management, The Wharton School, and the London Business School.

For further information, please contact:

Ms Bhuvana Ramalingam
Senior Director – Communications
Indian School of Business
Tel.: 91 40 2318 7431
E-mail: bhuvana_r@isb.edu
www.isb.edu/

SBI IN ASSOCIATION WITH ISB LAUNCHES 'SBI CELL FOR RESEARCH ON PUBLIC SECTOR LEADERSHIP'- News, SBI IN ASSOCIATION WITH ISB LAUNCHES 'SBI CELL FOR RESEARCH ON PUBLIC SECTOR LEADERSHIP'- Indian School of Business (ISB)

Sat, 06 Jun 2009 14:43:46 GMT

Mumbai and Hyderabad, June 4, 2009: The State Bank of India (SBI), in association with the Indian School of Business (ISB) today signed a MoU to set up a Research Cell on Public Sector Leadership in India at the ISB campus. The MoU was signed by Ajit Rangnekar, Dean, ISB and R K Sharma, Chief General Manager of SBI, Hyderabad Circle, in the presence of O P Bhatt, Chairman State Bank Group and other top officials from SBI and Governing Body members from the ISB. The cell titled ‘SBI Cell for Public Sector Leadership’ will function under the aegis of the Centre for Leadership, Innovation and Change (CLIC) at the ISB.

The objective of this ‘SBI Cell for Public Sector Leadership’ at the ISB will be to focus on

Innovation
Change Management
Organisational Transformation • Leadership Comparisons between Public and Private Enterprises, and
Managerial mindsets and risk taking in middle management

Speaking on the occasion, Mr O P Bhatt, Chairman of SBI stated that as part of its CSR activities SBI, set up way back in 1977 a Research and Development Fund with the primary objective of supporting research work relevant broadly to the activities of the Bank/banking industry and the emerging financial scenario. Under the Fund, research grants are extended to universities/reputed academic and research institutions for undertaking research projects. “We are proud to inform you that over the years we have extended research grants to several academic institutions for research projects at various universities.

In one of our on going projects, in 2007-2008, in participation with RBI we had extended grants to the London School of Economics for establishing an Indian Observatory and IG Patel Chair at their Asia Research Centre.

Today, we are proud to be associated with another collaboration - with the Indian School of Business, this time to set up the “SBI Cell for Public Sector Leadership” which will focus on Public Sector Leadership and the various related issues like innovation, change management, organizational transformation, managerial mindsets, etc. which would form the topics for research/case studies/papers undertaken by the Cell. The outputs would be of relevance to industry in general and public sector enterprises in particular”.

Making the announcement, Ajit Rangnekar, Dean, ISB, said, “We are privileged to be associated with the SBI for conducting research on Public Sector Leadership in India. The PSU’s have played a very important role in ensuring Inclusive Growth in India. At the same time they have adapted to meeting global opportunities and challenges. This need for ensuring Inclusive growth, while meeting domestic and global competitive pressures has put enormous leadership demands on the PSU’s.

The ISB will create a knowledge repository on these leadership issues especially in India. The objective of this research cell will be to draw lessons from the performance of the successful PSU’s, identify areas for further improvement in their performance, contribute lessons for the private sector and how they both can work collaboratively towards Inclusive Growth”

Speaking about the need for this research, Prasad Kaipa, Executive Director, CLIC, ISB said, “With the growing success of the PSU’s in the global landscape there is an increased interest in understanding how Indian public sectors lead, innovate and manage change. The SBI Public Sector Leadership Cell is being created to maximise cross organisational learning in ‘PSU leadership community’ with an agenda to research, share best practices and transform the PSU ecosystem.” CLIC at the ISB has been established to bring integral perspectives, understand Indian models of Leadership and Innovation and help organisations to become global leaders

As a part of the launch of the ‘SBI Cell for Public Sector Leadership’ at the ISB, a high profile Executive Roundtable is also being held today. This Roundtable Session has attracted participation from the heads of top 30 PSUs in the country. The session will debate on topics such as – Are Indian PSUs equipped to exploit new opportunities, deal with the new challenges optimally, identify organisational challenges, discuss the role of leadership, and strategy for PSUs to maintain a balance between achieving their objectives of performance as well as social responsibility.

About SBI

The State Bank of India, a 203 year old organization with a net work of over 17600 branches and over 11800 ATMs in the State Bank Group is a premier banking institution in terms of Balance Sheet size, market capitalization and profits. SBI is a financial conglomerate providing ‘Universal Banking’ services within the State Bank Group. The Bank has the largest foreign office network with over 92 offices in 32 countries across all time zones. The Bank has the largest Core Banking network of its kind anywhere in the world. SBI has a market share among Indian Commercial Banks of more than 20% in deposits and advances and the total business growth in FY 08-09 alone is Rs.3, 30, 899.00 crores.

About the ISB

The Indian School of Business is a premier management institution established in 2001. In a short span of seven years, the ISB has successfully pioneered several new trends in management education in India and has established itself as a leading B-school across the world. The ISB has a strong pool of research oriented resident faculty and invites high calibre international faculty from reputed B-schools to teach in its Post Graduate Programme in Management/Executive Education Programmes as well as to participate in collaborative research with the resident faculty. The ISB has academic associations with the Kellogg School of Management, The Wharton School, and the London Business School.

For further information, please contact:

Ms Varshaa Ratnaparke
Manager – Communications
Indian School of Business
Tel.: 91 40 2318 7432 / 939 456 8018
E-mail: varsha_ratnaparke@isb.edu
www.isb.edu/

Smita Pillai / Neha Shah
Integral PR Mumbai
Tel.: 9821929066 / 9769397011
E-mail: smita@integralpr.com
neha@integralpr.com

BIOCON INKS PARTNERSHIP WITH ISB TO LAUNCH THE BIOCON CELL FOR INNOVATION MANAGEMENT- News, BIOCON INKS PARTNERSHIP WITH ISB TO LAUNCH THE BIOCON CELL FOR INNOVATION MANAGEMENT- Indian School of Business (ISB)

Wed, 10 Jun 2009 13:00:53 GMT

Hyderabad, June 8, 2009: Biocon Limited, India's pioneering biotechnology company and the Indian School of Business (ISB) have launched the Biocon Cell for Innovation Management (BCIM) to promote innovation in business. The Cell will be established under the aegis of the Centre for Leadership, Innovation, and Change (CLIC) at the ISB. BCIM at the ISB will help organizations find answers to questions such as the gaps in a company’s ability to innovate, assessing the required understanding to manage and mitigate risks associated with innovation and how to produce high value, high quality, strategic innovation at low cost. Biocon is contributing an initial investment of Rs.1 crore to set up BCIM

Commenting on the new initiative, Kiran Mazumdar Shaw, Chairman & MD of Biocon Ltd., and Executive Board Member, ISB, said, “We have to find new solutions for the unique challenges we face in India and Innovation is the key to forge this. At Biocon, innovation has been our driving force right from inception. I would like the Biocon Cell for Innovation to understand the process of innovation and create and develop champions who will make innovation a part of company culture.”

The partnership between Biocon and ISB further strengthens the trend started by ISB when its founding fathers attracted the support of industry to establish an international quality business school in India. “The ISB ushered in several innovative practices in Indian management education. We are proud to partner with Biocon for setting up a Cell for studying innovation and spreading the knowledge of the process that underlies innovation. It is a befitting partnership for I know that innovation is in Biocon’s DNA. I am confident that this Biocon Cell within the CLIC at ISB will produce high quality research and educational output in business innovation,” said Ajit Rangnekar, Dean, ISB.

The primary objective of the BCIM is to foster innovation and link it to operational excellence. “India and other emerging markets have developed breakthrough ideas in the process of facing challenges unique to their countries. BCIM will focus on understanding and streamlining these knowledge processes through research. We will discover best practices, success stories and processes that have worked for various organisations and prepare a framework that can be implemented by any company across the world,” said Professor Prasad Kaipa, the Executive Director of CLIC at the ISB, who will drive BCIM.

A representative of Biocon, the Executive Director of CLIC, other prominent industry leaders and academics in the area of innovation and strategy will comprise the Board of BCIM. The board will play an advisory and enabling role by providing research ideas that will assist the activities of BCIM to create maximum impact.
Biocon will provide funding over a minimum 10 year period as and when required.

About the ISB

The Indian School of Business is a premier management institution established in 2001. In a short span of seven years, the ISB has successfully pioneered several new trends in management education in India and has established itself as a leading B-school across the world. The ISB has a strong pool of research oriented resident faculty and invites high calibre international faculty from reputed B-schools to teach in its Post Graduate Programme in Management/Executive Education Programmes as well as to participate in collaborative research with the resident faculty. The ISB has academic associations with the Kellogg School of Management, The Wharton School, and the London Business School. www.isb.edu

About Biocon Limited

Established in 1978, Biocon Limited is one of India's premier biotechnology companies. Together with its group companies. Biocon forms a fully integrated biotechnology enterprise, specializing in biopharmaceuticals, custom research and clinical research which deliver products and solutions to partners and customers across the globe. Biocon launched the world's first recombinant human insulin, INSUGEN® in November 2004 using Pichia expression and India's first indigenously produced monoclonal antibody BIOMAb-EGFRTM. Focusing on unmet medical needs in cancer, diabetes and inflammatory diseases, Biocon offers novel therapies on a platform of affordable innovation. Biocon’s strategic licensing partnerships provide market penetration and global access to deliver breakthrough therapeutics to millions of patients the world over.

Visit us at www.biocon.com

For further information, please contact:

Ms Varshaa Ratnaparke
Manager – Communications
Indian School of Business
Tel.: 91 40 2318 7432 / 939 456 8018
E-mail: varsha_ratnaparke@isb.edu
www.isb.edu/

IBM AND ISB LAUNCH MAJOR SERVICES INITIATIVE IN INDIA- News, IBM AND ISB LAUNCH MAJOR SERVICES INITIATIVE IN INDIA- Indian School of Business (ISB)

Thu, 27 Aug 2009 17:16:10 GMT

IBM and the Indian School of Business (ISB) today signed a Memorandum of Understanding (MoU) for joint research to develop a first-of-its-kind ‘Research on Service Science, Management and Engineering” (SSME) in India. As part of this initiative, ISB and IBM will create cutting edge research and develop case studies to streamline service processes and replicate them across industries.

"We are at an incredible tipping point for the world economy and it's all around   innovation,"   said   Nick Donofrio, Executive Vice President, Innovation and Technology, IBM Corporation.   "Innovation requires new skills to ensure that people, countries and economies remain competitive in this globally integrated world, and by investing in initiatives like Service Science, Management and Engineering, IBM and India will provide those skills."

Signing the MoU, Professor Rammohan Rao, Dean, ISB said, “A strong industry –academia partnership is extremely important for us to provide management education that is relevant and current. I am sure that IBM and the ISB together can conduct cutting edge research that will be immediately applicable in India, and also successfully replicated elsewhere in the world. The ISB is proud to be associated with IBM for pioneering this research in India.”

“The aim of this agreement is to support ISB to open the SSME Program which includes high-end research, development of case studies and curriculum for the Executive Education and the Post Graduate Program in Management with the help of IBM so that the discipline of service science can be developed and lead to nurturing specialized human resources,” said Dr. Daniel M Dias, Director, IBM India Research Laboratory.

Professor Viswanadham, Executive Director, Centre for Global Logistics and Manufacturing Strategies (GLAMS) at the ISB said, ”With 30 % of our economy dependent on it, the service sector plays a very important role in the Indian economy. The Centre for Global Logistics and Manufacturing Strategies will explore innovative possibilities to streamline, transform and automate processes and develop human resources to deliver services more efficiently. The study will focus on service chains connected with ITES, Retail, Textiles, Logistics, Supply Chain Finance, Human Resource Management, Business Services and others.”

Service Science, Management and Engineering:

The world economy is experiencing the largest labor force migration in history, driven by an environment altered by broader global communications, growth of emerging markets and technology innovation. Services now accounts for more than 50 percent of the labor force in Brazil, Russia, Japan and Germany and over 75 percent of the labor force in India, the United States and the United Kingdom. This shift to services has created a skills gap, especially   in   the area of high value services, and many leading universities across the globe have begun exploring and investing in this area, working in tandem with thought leaders in the business world.

The new interdisciplinary academic field "Service Science, Management and Engineering," or SSME, aims at studying, improving and teaching services innovation. The goal of the SSME discipline is to drive productivity, quality, and sustainability of services, while making the learning rates and innovation rates more predictable across the service sector, especially in complex organization to organization services including business to business, nation to nation and government to population. This new academic discipline brings together ongoing work in fields of computer science, operations research, industrial engineering, business strategy, management sciences, social, cognitive and legal sciences, to develop skills required in a services-led economy.

This first-of-a-kind SSME collaboration in India, offers an academic way of understanding interactions between client and provider, using a mix of scientific and business concepts to focus on areas that might not be core in either a Masters of Business Administration or computer-science program.

Since 2004, IBM has spearheaded a series of initiatives, inviting hundreds of faculty from universities around the world, in a call to action. Many leading universities across the globe have begun exploring and investing in this area, working in tandem with thought leaders in the business world. This services science initiative will strengthen IBM’s ability to help develop future services skills in this region while providing solutions to meet   the needs of the evolving Indian economy in an increasingly services-based worldwide economy.

About IBM

For more information about IBM, go to: www.ibm.com

About the ISB

The Indian School of Business is a research-oriented independent management institution that grooms future leaders for India and the world. Its association with the Kellogg School of Management, The Wharton School, and London Business School make it one of its kind in Asia. The School offers a one-year Post Graduate Programme; short-duration, high-powered Executive Education programmes for CEOs and senior executives; and a two-year Research Fellowship Programme. The origins and distinctive research of our faculty members ensure that our programme content is contemporary and global in its perspective, and develops our students’ understanding of modern management opportunities and challenges.

For further information please contact:
Bhuvana Ramalingam
Director- Communications
Indian School of Business
Tel: 9394568016
e-mail: bhuvana_r@isb.edu

ISB HOSTS 21ST ANNUAL MANAGEMENT EDUCATION CONVENTION OF AIMS- News, ISB HOSTS 21ST ANNUAL MANAGEMENT EDUCATION CONVENTION OF AIMS- Indian School of Business (ISB)

Fri, 28 Aug 2009 08:02:27 GMT

Hyderabad, August 27, 2009: The Indian School of Business (ISB) is hosting the 21st Annual Management Education Convention of the Association of Indian Management Schools (AIMS) from August 27 – 29, 2009 at the campus. The theme for this year’s Convention is ‘Leading in Turbulent Times – Role of Management Education’. The event has attracted participation from Heads of over 60 B Schools in India.

The convention will be inaugurated by Smt D Purandeswari, Honourable Minister of State for Human Resource Development, Government of India. Captain Gopinath, Chairman and Managing Director of Deccan Cargo and Express will deliver a Special Address at the inaugural ceremony. Professor Dipak Jain, Dean, Kellogg School of Management will deliver the Valedictory Key Note on ‘Globalisation of Management Education and the Indian Context’ on the concluding day of the Convention.

Speaking about the significance of the Convention, Ajit Rangnekar, Dean ISB and Convention Chair, AIMS 2009 said, “ISB is proud to host this convention, which will act as a platform for Indian B schools to exchange ideas and explore opportunities to work together to develop a pool of research - oriented faculty, enhance the quality of management education and contribute to addressing the nation’s challenges”.

Outlining the objective of the Convention, Dr Shefali Gautam, President, AIMS said, “I believe this convention shall help our member institutes to devise a road map for the Indian B-Schools on the role of management education so as to effectively deal with the turbulent times and lead the industry with best management practices”.

“Over the years, AIMS has grown into a powerful network with 430 management schools in India. I believe that this network will influence B-Schools to examine their role in grooming students who will lead businesses in the future”, said Dr Uday Salunkhe, Past President, AIMS.

The objective of this convention is to discuss on the role of management education in the current economic scenario. It will focus on key themes such as –

• A New Agenda for Governance in B-Schools,
• Role of Management Education in inculcating Ethics and Corporate Social Responsibility
• Managing and Investing in People
• Culture building and a reality check on Pay and Placements.

The Convention will have several panel discussions with participation from academia and the industry. AIMS Convention aspires to debate on new ideas and elicit answers on how management schools can play a more constructive role in leading in turbulent times and the way forward.

About AIMS

The Association of Indian Management Schools (AIMS), a non-profit professional organization, which was founded in 1988, has grown into a powerful network with over 400 management schools in India. The annual convention typically attracts Deans / Directors, academicians and industry representatives from across the country.

About ISB

The Indian School of Business is a premier management institution established in 2001. In a short span of eight years, the ISB has successfully pioneered several new trends in management education in India and has established itself as a leading B-school across the world. The ISB has a strong pool of research oriented resident faculty and invites high calibre international faculty from reputed B-schools to teach in its Post Graduate Programme in Management/Executive Education Programmes as well as to participate in collaborative research with the resident faculty. Recently, ISB was ranked 15 in Global B-School Rankings 2009 by Financial Times, London.

For further information, please contact:

Ms Varshaa Ratnaparke
Manager – Communications
Indian School of Business
Tel.: 91 40 2318 7432 / 939 456 8018
E-mail: varsha_ratnaparke@isb.edu
www.isb.edu/

ISB LAUNCHES 'IDIYA' - A B- PLAN CHALLENGE FOR WORKING PROFESSIONALS- News, ISB LAUNCHES 'IDIYA' - A B- PLAN CHALLENGE FOR WORKING PROFESSIONALS- Indian School of Business (ISB)

Wed, 09 Sep 2009 10:22:07 GMT

Hyderabad, September, 8, 2009: The Indian School of Business (ISB) has launched ‘ISB Idiya’ - a unique initiative that invites ideas for innovative social ventures from working professionals in India. The competition is not open to students who are pursuing any full time programme. The competition is being led by students of the Net Impact – a social responsibility club at the ISB.

Speaking on the significance of ‘ISB Idiya’, Ajit Rangnekar, Dean, ISB, said, “We would like to encourage social entrepreneurship amongst youth in India through ISB Idiya. We hope that new age business models from young people will change the social sector scenario in India. This initiative will support aspiring entrepreneurs from idea generation to execution through mentorship and entrepreneurial training.”

The event was launched by Vijay Mahajan, Chairman and Founder of Basix. “The world of business is not always about maximising social good. If you want to work with social entrepreneurship, the fuel for this has to be commercial,” he said He also spoke on the role of business schools in providing the right fertile ground for potentially sound social venture since they straddled the world of economy, enterprise and policy.

The business plans will be evaluated on the following criteria:

• Social Business Context
• Business Plan and Innovativeness
• Financial Sustainability and Profitability
• Social Impact

The top five winning teams comprising of two to four participants would be provided a one week Boot Camp where they will network with industry leaders, venture capitalists and mentors. They will also receive mentoring support after the competition. Applications are invited from September 1 to October, 25, 2009. The boot camp for winners will take place from December 5 to 11, 2009. ISB Idiya has associated with Acumen Fund, Google, Deloitte, Draper Fisher Jurvetson, Intellecap, Seedfund, Unitus, and Venture East as partners.

The Net Impact Club at the ISB is the first in Asia. Net Impact began in 2003 when a network of new generation leaders committed themselves to use the power of business to improve the world. Over the years, the Club has devoted itself to community service, spreading social awareness, fund-raising activities and working for the needy and the underprivileged.

About ISB

The Indian School of Business (ISB) is a premier management institution established in 2001. In a short span of eight years, the ISB has successfully pioneered several new trends in management education in India and has established itself as a leading B-school across the world. The ISB has a strong pool of research oriented resident faculty and invites high calibre international faculty from reputed B-schools to teach in its Post Graduate Programme in Management/Executive Education Programmes as well as to participate in collaborative research with the resident faculty. Recently, ISB was ranked 15 in Global B-School Rankings 2009 by Financial Times, London

For further information, please contact:

Ms Varshaa Ratnaparke
Manager – Communications
Indian School of Business
Tel.: 91 40 2318 7432 / 939 456 8018
E-mail: varsha_ratnaparke@isb.edu
www.isb.edu/

IBM and ISB Partner to Create Research 'Collaboratory' for Service Science- News, IBM and ISB Partner to Create Research 'Collaboratory' for Service Science- Indian School of Business (ISB)

Mon, 14 Sep 2009 15:18:21 GMT

India, September 14, 2009 -IBM (NYSE: IBM) and the Indian School of Business (ISB) announced today that they have established a research ‘Collaboratory’ at the ISB campus for furthering research in service science. IBM and ISB have been working closely on service science research for the last few years. This Collaboratory marks the beginning of a new phase of an expanded relationship between the two organisations.

Speaking on the setting up of the Collaboratory, Ajit Rangnekar, Dean, ISB, said, “We expect Services Management to be a huge area of focus for leading companies, and we are delighted to collaborate with IBM on this initiative. In keeping with the ISB’s emphasis on research, we believe our association will develop innovative solutions to enhance the way services are rendered."

An IBM Collaboratory is a laboratory where IBM researchers co-locate with a university, government, or commercial partner to share skills, assets, and resources to achieve a common research goal.

Speaking on the need for this Collaboratory, Dr Guruduth Banavar, Director, IBM Research – India, said, “Innovation is needed to address the world’s greatest challenges and opportunities; and the responsibility must be shared among industry, government and academia. Meeting market demands for higher service quality and innovation while increasing the efficiency of service delivery requires deep insight into advances in information technology and management sciences. This Collaboratory will expand our expertise in these areas to further differentiate IBM’s services offerings in the global marketplace.”

The newly established Collaboratory for service science will initially have a team of 10 full-time researchers, five each from ISB and IBM Research – India. The team will focus on developing foundational techniques in service science, including the modeling, measurement, and optimization of “service systems”.

Service research is multi-disciplinary and many variations exist today within the domains of management, operations research, and economics to name a few. While most of the existing work has focused on business-to-consumer services, the focus of this research is on business-to-business services.

ISB and IBM
In February 2007, IBM and ISB signed an MoU for joint research on Service Science, Management, and Engineering (SSME) in India. In May 2008, IBM India and ISB signed the first Open Collaborative Research agreement in Asia aimed at improving the competitiveness of the services sector in the region. The joint research resulted in holding workshops, publishing research papers and tutorials in the area of service science. This Collaboratory is the next step forward in their joint exploration of the area of service science.

About IBM
For more information about IBM Research, please visit: www.research.ibm.com

About ISB
The Indian School of Business (ISB) is a premier management institution established in 2001. In a short span of eight years, the ISB has successfully pioneered several new trends in management education in India and has established itself as a leading B-school across the world. The ISB has a strong pool of research oriented resident faculty and invites high calibre international faculty from reputed B-schools to teach in its Post Graduate Programme in Management/Executive Education Programmes as well as to participate in collaborative research with the resident faculty. Recently, ISB was ranked 15 in Global B-School Rankings 2009 by Financial Times, London

ISB SETS UP A UNIQUE CASE DEVELOPMENT CENTRE- News, ISB SETS UP A UNIQUE CASE DEVELOPMENT CENTRE- Indian School of Business (ISB)

Fri, 30 Oct 2009 17:54:57 GMT

COLLABORATES WITH RICHARD IVEY SCHOOL OF BUSINESS
CENTRE TO DEVELOP AND DISTRIBUTE INDIAN CASE STUDIES GLOBALLY
TRAIN, SUPPORT AND MENTOR FACULTY FROM OTHER INDIAN B SCHOOLS

Hyderabad, October 30, 2009: The Indian School of Business (ISB) today formally announced the setting up of a Centre for Case Development at the ISB. The announcement was followed by signing of a MoU with the Richard Ivey School of Business (Ivey), The University of Western Ontario, to enhance case writing capabilities among Indian academia, and also to distribute these cases worldwide. The MoU was signed by Ajit Rangnekar, Dean, ISB and Carol Stephenson, Dean, Ivey.

The Centre will support and mentor faculty and research scholars from B Schools in India through a comprehensive process of case development - from generating ideas to publishing case studies globally.

Signing the MoU, Dean Rangnekar, said, “Indian companies have, in this past decade, developed new business models that have the potential to be replicated in other parts of the world but there is a significant shortage of case studies to understand these best practices. With its academic and industry affiliations, the ISB will support and mentor faculty from other B Schools in India, to create a knowledge repository of case studies for India and the world.”

The ISB’s knowledge of best practices in India combined with Ivey’s vast experience in producing global case studies will ensure that case studies produced by the Centre comprise indigenous learning and global methodologies. Ivey is the second largest producer of case studies and the leading producer of Asian cases globally

Elaborating on this association, Dean Stephenson, said, “We are proud to be partnering with ISB in an ambitious case development and training programme which will transform the educational environment in India. In so doing, Ivey will also be able to bolster its own capabilities in managing in emerging markets.”

The Centre is currently developing case studies on corporates, planning bodies, NGOs, SMEs and sports organisations among others. It will enable B School faculty in India to create cutting edge research to teach students and executives, and bring an Indian perspective in B-school curriculum across the globe. The Centre has already conducted workshops and trained several management faculty on case writing and teaching. In addition it has created a network of high quality free lance case writing professionals across the country to assist faculty in developing cases. It aspires to build a pool of about 350 case writing faculty and research scholars in India by the next academic year.

In addition to Ivey, the Centre is also working with international B Schools like Darden, University of Virginia, to publish collaborative cases

About ISB

The Indian School of Business is a premier management institution established in 2001. In a short span of eight years, the ISB has successfully pioneered several new trends in management education in India and has established itself as a leading B-school across the world. The ISB has a strong pool of research oriented resident faculty and invites high calibre international faculty from reputed B-schools to teach in its Post Graduate Programme in Management/Executive Education Programmes as well as to participate in collaborative research with the resident faculty. Recently, ISB was ranked 15 in Global B-School Rankings 2009 by Financial Times, London

About Richard Ivey School of Business, The University of Western Ontario

The Richard Ivey School of Business at The University of Western Ontario is one of the top business schools in the world. Ivey offers undergraduate and graduate MBA, Executive MBA and PhD degree programmes, in addition to Executive Development programmes. Ivey established Canada's first MBA programme. The School has campuses in London (Ontario), Toronto, and Hong Kong. Ivey is differentiated by its focus on real-world leadership and its case method of teaching.

For further information, please contact:

Ms Varshaa Ratnaparke
Manager – Marketing and Communications
Indian School of Business
Tel.: 939 456 8018
E-mail: varsha_ratnaparke@isb.edu
www.isb.edu/

ISB launches PGPMAX - a Post Graduate Programme in Management for Senior Executives- News, ISB launches PGPMAX - a Post Graduate Programme in Management for Senior Executives- Indian School of Business (ISB)

Fri, 04 Dec 2009 10:44:25 GMT

New Delhi/Hyderabad, December 03, 2009: The Indian School of Business (ISB) announced the launch of PGPMAX - a Post Graduate Programme in Management for Senior Executives. The programme incorporates best practices and knowledge from Kellogg School of Management and The Wharton School. It will be offered part time over a period of 15 months and is specifically designed for senior industry executives with an average work experience of 15 years. These senior executives are high performing employees who are being groomed by their organisations to move into leadership roles.

Announcing the programme, Ajit Rangnekar, Dean, ISB said, “Eight years after the successful launch of the one-year programme, the ISB is now launching PGPMAX, a post graduate programme for senior industry executives. Consistent feedback from the industry leaders over the years revealed the need for developing a leadership pipeline, and this has been the driving force for us to create this ambitious programme. I am confident that PGPMAX too will break new ground in management education in India”.

PGPMAX is intended for senior executives who have excelled in functional domains such as finance, marketing, sales, operations, healthcare, information technology, customer service and are now aspiring to move into general management positions. The part time model of the programme supports these senior executives to pursue a post graduate programme in management equivalent in rigour and content to an EMBA without having to leave their jobs. The programme design also ensures that location will not be a constraint for participants to take up this course. They will participate in classroom sessions of six days every six weeks, over the 15-month duration Explaining the need for such a programme, Deepak Chandra, Associate Dean, Centre for Executive Education at the ISB said, “Indian industry is growing rapidly and needs more leaders who are well versed in general management to be able to lead and sustain this growth. But the reality is that the industry faces a severe crunch of such talent and needs to groom high performers to move into such leadership positions. We believe that PGPMAX will play the role of a catalyst in transforming these seasoned executives into business leaders in the near future.”

PGPMAX will have leading faculty from top B schools and industry experts around the world bringing in latest business practices that can be applied immediately by these executives in their respective organisations. The diverse expertise of the participants themselves will be a significant value-add to the classroom learning. The PGPMAX also includes an international immersion as a part of the course. During the immersion, participants will attend classes at Kellogg School of Management and The Wharton School, visit companies abroad and meet international industry leaders. Through the immersion programme, participants will get to enhance their global sensitivities and reinforce their understanding of global business practices in different countries

Executives aspiring to apply to the PGPMAX need to possess a bachelor’s degree and minimum of 10 years of full time work experience. Participants will undergo a rigorous selection process and will be evaluated on the following parameters:

Quality of work experience
Evidence of Professional Success
Business Leadership Potential
Analytical and Communication Skills

The PGPMAX expects to attract participants not just from large private corporations, but also from PSUs, NGOs, SMEs and family run businesses. The programme will commence from June 2010 onwards at the ISB campus at Hyderabad.

About ISB

Indian School of Business is a premier management institution established in 2001. In a short span of eight years, the ISB has successfully pioneered several new trends in management education in India and has established itself as a leading B-school across the world. The ISB has a strong pool of research oriented resident faculty and invites high calibre international faculty from reputed B-schools to teach in its Post Graduate Programme in Management/ Executive Education Programmes as well as to participate in collaborative research with the resident faculty. ISB was ranked 15 in Global B-School Rankings 2009 by Financial Times, London.

For further information, please contact:

Mr Sriram Gopalakrishnan
Head – Marketing and Communications
Indian School of Business
Tel.: 939 456 8030
E-mail: Sriram_gopalakrishnan@isb.edu
www.isb.edu

Ajit Rangnekar Appointed Fourth Dean of the ISB- News, Ajit Rangnekar Appointed Fourth Dean of the ISB- Indian School of Business (ISB)

Mon, 11 Jan 2010 15:59:47 GMT

• TERM OF FIVE YEARS , WITH IMMEDIATE EFFECT
• TO LEAD THE ISB IN THE SECOND PHASE OF ITS GROWTH

Hyderabad, January 11, 2010: The Executive Board of the Indian School of Business (ISB) confirmed the appointment of Ajit Rangnekar as the Dean of the ISB for a term of five years, with immediate effect. At the Executive Board meeting in Mumbai on Friday, January 8, 2010, there was unanimous support for naming Rangnekar as the new Dean. Several candidates were reviewed for the position of the Dean ever since it fell vacant in January 2009. The Executive Board, based on the recommendations of the Dean Search committee, and extensive discussions with the faculty, students, alumni, partner schools, and other key stakeholders, found Ajit Rangnekar to be the best suited for the job.

Making the announcement on behalf of the Board, Rajat Gupta, Chairman, ISB, said: “We could not have asked for a better outcome. Ever since Ajit joined the ISB nearly 7 years ago, he has become indispensable to the school. He has played a crucial role in the school’s growth over the years, and embodies the ISB’s vision and values in everything he does. We are excited and privileged that he has accepted this responsibility, and extend to him our full support in strengthening the ISB’s position as a top ranked global B School.”

The former Dean of the Kellogg School of Management, and a member of the search committee for the selection of the ISB Dean, Professor Dipak Jain said, “The ISB, in the present stage of its evolution, has the opportunity of becoming a pivotal school in the emerging region. In Ajit Rangnekar, we have found someone with a keen understanding of the business of B School education, rich experience in the Asian region, and above all, a zealous conviction in making business schools relevant to the communities that they operate in.”

Speaking on his appointment, Ajit Rangnekar, Dean, ISB, said “I have always been passionate about the ISB and its vision, and am proud to have been a part of its growth over the years. It is indeed an honour to be entrusted with the responsibility of leading the school in the next phase of its growth. In the coming years, we will continue to strengthen our faculty pool, enhance our research capabilities, and focus extensively on making ISB the best in the world on issues of fast emerging economies. In this journey, I am grateful to have the continued support of the entire ISB community.”

Ajit Rangnekar has a background spanning over thirty years in Consulting and Industry, across different countries in Asia. Prior to being formally appointed the Dean, he was the Deputy Dean of the school from March 2003 to January 2009. Before joining the ISB, he was the Country Head, first for Price Waterhouse Consulting and then for PwC Consulting, in Hong Kong and the Philippines. He was head of the Telecom and Entertainment Industry Consulting practice for PwC in East Asia (China to Indonesia). Rangnekar completed his undergraduate degree from the Indian Institute of Technology, Mumbai, and Post Graduation in Management from the Indian Institute of Management, Ahmedabad.

The ISB was established in 2001 and, over the years, has made rapid strides towards achieving its vision of becoming an independent top ranked global B School. Some of the highlights in its journey are:

• Globally acclaimed Post Graduate Programme in Management; ranked 15th in the Financial Times Global Top MBA Programmes 2009
• Largest provider of Executive Education in India, and among the largest in Asia
• Several research publications by faculty in top tier international journals
• Centres of Excellence in seven specialised areas
• Case Development Centre focusing on emerging markets
• Several illustrious Alumni making a mark in business, both in India and abroad

For further information, please contact:
Sriram Gopalakrishnan
Head – Marketing and Communications
Indian School of Business
Tel.: 939 456 8030
E-mail: Sriram_gopalakrishnan@isb.edu
www.isb.edu

Ajit Rangnekar, Dean, Indian School of Business

ISB Launches ' AIKYA' - The Host Family Network- News, ISB Launches ' AIKYA' - The Host Family Network- Indian School of Business (ISB)

Fri, 29 Jan 2010 15:25:12 GMT

July 24, 2003: The Indian School of Business announced the launch of ‘ AIKYA ’ – it’s unique host family network initiative.

Some of Hyderabad’s best known families are involved in this endeavour. ‘ AIKYA ’ was formally launched by Ms. Bhuvaneshwari Naidu. The core committee of ‘ AIKYA ‘ includes Ms D Ashok, Ms. Suchitra Ella, Ms. Anjana Patodia, Ms. Anuradha Prasad, Ms. Aparna Reddy, Mr Niraj Gelli, and Mr V Suneel Naidu.

Speaking at the launch at the ISB Campus, Professor Mahajan said, “ ISB has always emphasized the holistic development of each individual. “AIKYA ’ is just another step in that direction. We want our students to have fond memories of Hyderabad and experience the warmth of the wonderful families here first hand. We are fortunate to have so many amazing families who have opened their hearts and their homes to us.”

‘AIKYA ‘ aims to introduce ISB students to the culture of Hyderabad. Through the Network, ISB students will get a chance to make a connection with the city’s citizens, get a feel of its corporate arena and discover its resplendent cultural past. It will also familiarise the students with the ‘Hyderabadi’ way of life—and home-cooked food and fun – over festivals, holidays and weekends.

ABOUT THE ISB
The Indian School of Business is a research-oriented independent management institution that grooms future generations of business leaders. Its association with the Kellogg School of Management, The Wharton School and London Business School make it one of its kind in Asia. The School offers a one year Post Graduate Programme, (equivalent to an MBA) and short-duration, high-powered Executive Education programmes for CEOs and senior executives. The School's faculty are leading teachers and researchers recognised for their scholarship, innovation, relevance and the international impact of their work.

Contact:
Ms. Bhuvana Ramalingam
Director – Communications
Indian School of Business
Tel.: 91 40 2 318 7431
email: bhuvana_r@isb.edu www.isb.edu

ISB's unique initiative for Indian B School Faculty- News, ISB's unique initiative for Indian B School Faculty- Indian School of Business (ISB)

Thu, 11 Mar 2010 10:59:45 GMT

Hyderabad, March 10, 2010: The Indian School of Business (ISB) recently organised a workshop for faculty members from leading Business Schools in India. This was the first event as part of a unique initiative by the ISB to introduce cutting edge practices in management education across B schools in India. The workshop was in the area of Marketing Analytics, and had over fifty faculty registrants from across 25 leading B Schools in the country.

Speaking on the need to enhance the quality of management education in India, Ajit Rangnekar, Dean, ISB, said, “India will need many more high quality management graduates to sustain its high growth, and also to make it inclusive. To do this, what we need is collaboration, not competition, so that Indian management education wins, and as a consequence, all of us do. We are making this investment with the conviction that it will produce positive returns for Indian management education, and ultimately, raise the standards of all Indian B schools.”

Professor Gary Lilien, from Pennsylvania State University, USA, who led the workshop on Marketing Analytics said, “I am delighted that the ISB, through this initiative, both encouraged and hosted this workshop. I expect this initiative to pay great dividends for Indian business education as a whole.”

The participants in the workshop comprised marketing faculty members from several Indian Business schools including IIMs, SPJIMR, BITS Pilani, IRMA, IIFT, IMT Ghaziabad, among others. They spent the entire day at the ISB exploring innovative techniques that could enhance their teaching delivery. “A great initiative by the ISB to help the teaching fraternity in India,” remarked Dr Mridula S. Mishra, Assistant Professor, Indian Institute of Foreign Trade (IIFT), New Delhi. Echoing this sentiment, Dr. Saji Nair, Professor of Marketing at IIM Lucknow said “The workshop provided a wonderful opportunity to walk through the many possibilities in teaching analytical marketing.”

Professor Arun Pereira, Head - Initiative for Excellence in Teaching and Learning, ISB said “India has the potential to become the destination of choice for management education tomorrow, if we take the right steps today. After all, the vast majority of growth markets are in this part of the world, and it will be in everybody’s interest that India becomes home to top quality B schools.” He added, “The ISB will continue to organise such workshops that will act as a forum for faculty to imbibe global best practices, collaborate, network, and share their classroom experiences.”

The workshops will vary in scope, and address different aspects of management education, from classroom content to delivery. Workshops planned include those in case teaching and simulations, as well as those in the functional topics, such as the just-concluded workshop on marketing analytics.

About ISB

Indian School of Business is a premier management institution established in 2001. In a short span of nine years, the ISB has successfully pioneered several new trends in management education in India and has established itself as a leading B school across the world. The ISB has a strong pool of research oriented resident faculty and invites high calibre international faculty from reputed B schools to teach in its Post Graduate Programme in Management/ Executive Education Programmes as well as to participate in collaborative research with the resident faculty. ISB was ranked 12 in Global B School Rankings 2010 by Financial Times, London.

For further information, please contact:

Sriram Gopalakrishnan Head – Marketing and Communications
Indian School of Business
Tel.: 939 456 8030
E-mail: Sriram_gopalakrishnan@isb.edu
www.isb.edu

ISB ranked 12 in Global B-school rankings- News, ISB ranked 12 in Global B-school rankings- Indian School of Business (ISB)

Mon, 29 Mar 2010 18:24:09 GMT

FT Global MBA Rankings 2010

Hyderabad, January 25, 2010: The Indian School of Business (ISB) has been ranked No: 12 in the global B-school rankings released today by the Financial Times, London. This is the third successive year that the ISB has featured among the top 20, in the list of top 100 B-schools in the world. Previously, ISB was ranked 15th in 2009 and 20th in 2008.

“We began with the idea of creating a school in India that would rank among the best in the world. Today, I am delighted that the ISB is consolidating its position as a top-ranked global business school. To receive this news on the eve of the completion of 60 years of the Indian Republic makes it all the more special. I congratulate the entire ISB community on this success” said Rajat Gupta, Chairman, ISB.

Echoing this sentiment, Ajit Rangnekar, Dean, ISB said, “This is indeed a proud moment for the ISB. Our goal has always been to pursue excellence in education and research. As an outcome of this effort, we accept any ranking that we get with humility, and rededicate ourselves to this goal. I would like to thank our alumni, our faculty, students, staff, our board, our associate schools, industry and our well wishers for contributing to this continuing success.”

The ISB was established in 2001 with the launch of its pioneering Post Graduate Programme in Management (PGPM). From an initial class of 126 students, the school has grown successively over the years, and currently has 570 students in the class of 2010. The school has over 2300 alumni who are making a strong impact in business and industry. The school has also established itself as a leader in Executive Education through its programmes designed and delivered for private and public sector corporations, small and medium enterprises, and central and state governments. The ISB faculty research papers are consistently published by top ranked peer reviewed international journals.

After a successful first phase of growth, the ISB has now entered its second phase of growth and expansion. It recently launched its second Post Graduate Programme in Management for Senior Executives (PGPMAX), which has generated a lot of interest among senior business professionals. It will soon set up its second campus in Mohali, Punjab. The first academic session at the ISB campus in Mohali is expected to commence in 2012.

The list of top 20 B-schools this year:

Rank	School
1.	London Business School
2.	University of Pennsylvania: Wharton
3.	Harvard Business School
4.	Stanford University GSB
5.	INSEAD
6.	Columbia Business School
6.	IE Business School
8.	MIT Sloan School of Management
9.	University of Chicago: Booth
9.	Hong Kong UST Business School
11.	IESE Business School
12.	Indian School of Business
13.	New York University: Stern
13.	Dartmouth College: Tuck
15.	IMD
16.	Yale School of Management
16.	University of Oxford: Saïd
18.	HEC Paris
19.	Esade Business School
20.	Duke University: Fuqua

For further information, please contact:
Sriram Gopalakrishnan
Head – Marketing and Communications
Indian School of Business
Tel.: 939 456 8030
E-mail: Sriram_gopalakrishnan@isb.edu
www.isb.edu

ISB CELEBRATES ITS NINTH GRADUATION DAY- News, ISB CELEBRATES ITS NINTH GRADUATION DAY- Indian School of Business (ISB)

Sat, 03 Apr 2010 21:30:28 GMT

• 568 STUDENTS OF THE CLASS OF 2010 TAKE FLIGHT

• HONOURABLE UNION MINISTER OF HRD, SHRI KAPIL SIBAL IS THE CHIEF GUEST

Hyderabad: April 3, 2010: The Indian School of Business (ISB) celebrated the ninth Graduation Day of the Class of 2010 at the ISB campus today. The Honourable Union Minister of Human Resource Development, Kapil Sibal was the Chief Guest for the Ceremony and awarded Graduation Certificates to the 568 students of the Class of 2010. An atmosphere of pride and excitement prevailed in the campus as students in traditional academic regalia went on stage to collect their certificates in the presence of family, friends, faculty and staff, alumni, board members and other corporate dignitaries.

Welcoming the Chief Guest Rajat Gupta, Chairman, ISB said, “It is indeed a privilege for us to have the Honourable Minister amidst us today. He has brought in several path-breaking initiatives to reform the Indian education system. We are glad that the Indian government has recognised the importance of raising the bar of higher education in the changing global scenario. As a new age B-School, ISB has been able to introduce several global practices. I believe that the students of the ISB will play a responsible role in shaping the country’s future.”

Speaking on the occasion the Honourable Minister said, “I consider it both a signal honour and a privilege to address you at this Graduation Day function. The ISB, which started its eventful journey in 2001 with 126 students has come a long way. Today it is heralded as one of the finest B Schools in the world, with the quality of student network matching any other international B School in all key parameters.”

In his address, the minister urged the young graduates to re-examine the concept of wealth: “It is time for each of you, the graduating class, to reflect on how capital is to be used not just for building a balance sheet but for building social capital which will empower others.”

Speaking at the occasion, Ajit Rangnekar, Dean, ISB said, “We as a business school believe in the power of using business as transformer of society, and are committed to the cause of ensuring that the fruits of our economic progress reach a wider section of society.”

Bidding farewell to the graduating class, he added, “I am confident that you will make great progress and positively impact business and society. I derive this conviction from the character and maturity that your class has shown in the past year in the several initiatives that you undertook, recognising that this is your school, and will always be your Brand.”

The ISB presented its ‘Scholar of Excellence’ award jointly to Gaurav Punia and Rahul Garg in recognition of their consistent, exceptional academic achievement over the entire programme. Nishant Banore was awarded Rajat Gupta award for excellence in leadership given to the best all-rounder. 58 students whose grades were in the top 10% of the class were included in the Dean’s list. A total of 48 students were awarded the ISB Scholarship.

The Graduation Ceremony was an emotional moment for the family members of the students as their loved ones went on stage to receive their certificates. The ceremonial hat toss marked the finale of their one year post graduate programme at the ISB.

With the class of 2010, almost 3000 students have graduated from the ISB since its inception in 2001. The school’s strong alumni base is spread across more than 25 countries in a wide spectrum of sectors including Consulting, Technology, Finance, Real Estate, Media, Manufacturing, IT & ITES, Telecom, Pharmaceuticals, Automobile, Energy, Petroleum and NGOs, apart from over a 100 entrepreneurs across various sectors. Six ISB alums are currently pursuing their PhDs. One of the alums has completed his PhD and joined the Wharton School as a faculty member, and one will be joining the ISB shortly. We have seven domestic chapters and four overseas chapters in the Alumni group.

About the ISB

Indian School of Business is a premier management institution established in 2001. In a short span of nine years, the ISB has successfully pioneered several new trends in management education in India and has established itself as a leading B school across the world. The ISB has a strong pool of research oriented resident faculty and invites high calibre international faculty from reputed B schools to teach in its Post Graduate Programme in Management/ Executive Education Programmes/ Post Graduate Programme in management for Senior Executives as well as to participate in collaborative research with the resident faculty. ISB was ranked 12 in Global B School Rankings 2010 by Financial Times, London.

For further information, please contact:

Sriram Gopalakrishnan Head – Marketing and Communications
Indian School of Business
Tel.: 939 456 8030
E-mail: Sriram_gopalakrishnan@isb.edu
www.isb.edu

ISB SIGNS MOU WITH MIT SLOAN SCHOOL OF MANAGEMENT- News, ISB SIGNS MOU WITH MIT SLOAN SCHOOL OF MANAGEMENT- Indian School of Business (ISB)

Sat, 03 Apr 2010 21:36:52 GMT

Hyderabad, April 3, 2010: The ISB today announced the signing of a Memorandum of Understanding (MoU) with the MIT Sloan School of Management, to develop two new institutes at the ISB’s upcoming campus at Mohali – The BML Munjal Institute for Manufacturing Excellence and Innovation and The Punj Lloyd Institute for Physical Infrastructure Management.

The MoU was signed by Ajit Rangnekar, Dean, ISB and David Schmittlein, John C Head III Dean, MIT Sloan School of Management in the presence of Kapil Sibal, Honourable Union Minister of HRD, Rajat Gupta, Chairman, ISB, and other members of the ISB’s Executive Board.

Speaking at the occasion, Dean Rangnekar said, “We are delighted to welcome MIT Sloan as an Associate School, and to have the benefit of their legendary expertise, especially in the areas of Manufacturing and Infrastructure Management. We are confident of a mutually enriching relationship in the years ahead.”

Expressing his happiness, Dean David Schmittlein said: I am excited about our new association with the ISB. This is part of our distinct international strategy of developing regionally dispersed, mutually beneficial institutional partnerships, and allows MIT Sloan to contribute to world-class management education in India, and creates opportunities for MIT Sloan faculty and students to work with local faculty and students here in India.”

As an Associate School, MIT will support the ISB in developing the two institutes at Mohali and will involve the following:

• Provide faculty support and curriculum design in the areas of manufacturing, operations and management of large infrastructure
• Assist in faculty recruitment for the ISB

• Provide teaching opportunity for MIT faculty at both the Hyderabad and Mohali campus

• Offer joint executive education programmes

• Facilitate joint action learning projects for students

The ISB will continue to have the support of its Founding Associate Schools – The Wharton School and Kellogg School of Management. The ISB also has the support of the London Business School (LBS) as an Associate School.

Preparations are underway to set up ISB’s second campus in Mohali, Punjab. The first academic session at the ISB campus in Mohali is expected to commence in 2012. The Mohali campus is envisaged to have 4 institutes focused on specific verticals. In addition to the two institutes mentioned earlier, the school will also establish the Max India Institute of Health Care Management and Bharti Insititute of Public Policy.

About the ISB

Indian School of Business is a premier management institution established in 2001. In a short span of nine years, the ISB has successfully pioneered several new trends in management education in India and has established itself as a leading B school across the world. The ISB has a strong pool of research oriented resident faculty and invites high calibre international faculty from reputed B schools to teach in its Post Graduate Programme in Management/ Executive Education Programmes/ Post Graduate Programme in management for Senior Executives as well as to participate in collaborative research with the resident faculty. The ISB was ranked 12 in Global B School Rankings 2010 by Financial Times, London.

For further information, please contact:

Sriram Gopalakrishnan
Head – Marketing and Communications
Indian School of Business
Tel.: 939 456 8030
E-mail: Sriram_gopalakrishnan@isb.edu
www.isb.edu

ANOTHER SUCCESSFUL PLACEMENTS YEAR FOR ISB STUDENTS- News, ANOTHER SUCCESSFUL PLACEMENTS YEAR FOR ISB STUDENTS- Indian School of Business (ISB)

Thu, 17 Jun 2010 11:45:18 GMT

• 33% INCREASE IN NUMBER OF OFFERS
• 11% INCREASE IN SALARIES (CTC)

Hyderabad, June 15, 2010: The Indian School of Business (ISB) today announced the placements results for the Class of 2010. The School has had another successful placement year reflecting the growth and revival in the economy. The Class comprised 568 students from diverse backgrounds and work experience ranging from 2 to 20 years.

Announcing the placements results, Ajit Rangnekar, Dean, ISB, said, “I am humbled by the confidence that companies have reposed in us once again, by choosing ISB students to augment their talent pool. Our students come with a rich and diverse experience, and their transformational year at the ISB has helped them to boost their capabilities and move along their chosen career paths. I am sure that this class too will make us proud by making an impact on business and society.”

This is the ninth year that the ISB is using the Rolling Placements System and the successful placements year on year are a proof of its acceptance by the industry. The system is a lateral hiring process that is spread over several months, giving both the recruiters and the students time to find the best fit. During this period, the School also supported and encouraged students in their independent search efforts to find their preferred careers. The result was an increase in the number of offers and the variety of roles that that were offered to the students. Going forward, the ISB will continue this model of an extended rolling placement period, to ensure that every student is given time and independence to help find their preferred careers.

This year, 346 leading companies including domestic and international participated in the placements (Partial list of recruiters this year provided in Appendix). The Class of 2010 also witnessed a 33% increase in the number of offers over last year as companies chose the ISB students for a variety of roles including several senior management positions. Overall, the salaries offered to the Class of 2010 increased by 11% over last year. Further, the average outgoing salary was more than double the incoming salary.

The number of offers made by the top 10 companies from Technology , Consulting and Finance increased by 116, 40, and 30 percent respectively over the last year, making them the largest recruiters on campus this year. Pharma, Healthcare, Infrastructure, Real Estate, Media, and Energy were some of the other sectors chosen by the Class of 2010. This year also witnessed a spurt in the number of companies from the ‘Green Energy’ sector.

In international placements, several students were offered Global Leadership Programmes in countries such as Italy, Hong Kong, UK, Switzerland, Germany, and Singapore in the areas of Financial Services, Pharmaceuticals, Aviation, Information Technology, Agribusiness, and Luxury Goods.

The ISB helps students build a meaningful career and has created a lifelong global alumni network. With the graduating Class of 2010, the ISB now has a network of over 3000 alumni spread across the world, making a mark in business and industry.

About the ISB
The Indian School of Business is a premier management institution established in 2001. In a short span of nine years, the ISB has successfully pioneered several new trends in management education in India and has established itself as a leading B-school across the world. The ISB has a strong pool of research oriented resident faculty and invites high calibre international faculty from reputed B- schools to teach in its Post Graduate Programme in Management/ Executive Education Programmes as well as to participate in collaborative research with the resident faculty. ISB was ranked 12 in Global B-School Rankings 2010 by Financial Times, London.

For further information, please contact:
Sriram Gopalakrishnan
Head – Marketing and Communications
Indian School of Business
Tel.: 9394568030
E-mail: Sriram_gopalakrishnan@isb.edu
www.isb.edu

Appendix

Year on year Increase in Companies and Offers

Year on year data for 80% mean and 80% median

Indicative list of participating companies

Company Name

STAR India Pvt Ltd

Citibank NA

DBS Bank

Deutsche Bank AG

Goldman Sachs

HSBC

ICICI Bank Ltd.

Royal Bank of Scotland

A.T. KEARNEY LTD.

Accenture Services Pvt Ltd

Arthur D. Little Asia Pte Ltd

Booz & Company

Deloitte Consulting

Diamond Management & Technology Consultants

McKinsey & Company

The Boston Consulting Group

The Parthenon Group

Aditya Birla Group

ITC Limited

RPG

Colgate-Palmolive (India) Ltd

Luxottica Group

PepsiCo India Holdings Pvt Ltd

Philips Electronics India Ltd

L&T

Cognizant Technology Solutions

Amazon Development Center India Pvt Ltd

Bharti Airtel Ltd.

Genpact

Google India Pvt. Ltd

IBM India Pvt Ltd

Microsoft India (R&D) Ltd

NEC India Pvt. Ltd

NIIT

SAP Labs India Pvt. Ltd.

Tata Consultancy Services

Schneider Electric India Pvt Ltd

Husk Power Systems

Solar semiconductor private limited

Sun Edison Energy India

Godrej Industries and Associated companies

National Instruments

Cerner Healthcare Solutions Pvt Ltd.

Monsanto

United Health Group

Dr. Reddy's Laboratories Ltd.

Novartis AG

Pfizer Limited

ISB INVITES IDEAS FOR SOCIAL VENTURES- News, ISB INVITES IDEAS FOR SOCIAL VENTURES- Indian School of Business (ISB)

Fri, 30 Jul 2010 11:40:20 GMT

Hyderabad, July 27, 2010: Students of the Indian School of Business (ISB) launched the second ISB iDiya Challenge, a national competition of ideas for social ventures, on July 23, 2010. The competition aims to promote social entrepreneurship in India by inviting ideas from working professionals for profitable business models with measureable social impact. Ideas can be submitted online at www.isb.edu/iDiya.

Speaking about the need for such a competition, Ajit Rangnekar, Dean, ISB, said, “We at the ISB are committed to creating a large impact on the society through supporting sustainable social ventures. I am delighted that our students’ initiative ‘iDiya’ has received such a positive response and support from NASSCOM and other progressive institutions. I urge industry leaders to actively propagate this competition among their staff.”

Som Mittal, President, NASSCOM inaugurated the second edition of the challenge. Addressing the students on “Social Enterprise and Technology: A Winning Combination”, he said, “Inclusive growth [through business] has become a national imperative. The largest innovations will happen not by people who meet the market need but by those who create it.” Declaring NASSCOM’s support to ISB iDiya, Mittal announced that the best technology idea from among the winners of the ISB iDiya challenge will be showcased on the NASSCOM website.

Ideas can be submitted on or before September 19, 2010. The submissions will be evaluated on various criteria including measurable social impact, criticality of the social need and financial sustainability of the enterprise. The best ideas will be chosen by a panel of venture capitalists, industry leaders, entrepreneurs and ISB faculty.

Ideas are invited for all categories with agriculture, education, environment, health and sanitation being only a few examples In addition to cash prizes, special prizes may be sponsored by partner organisations for the best idea in specific categories. The winning teams will attend an all-expenses-paid bootcamp at the ISB campus with direct, ongoing mentoring from venture capitalists, partner organisations, entrepreneurs and experts. The top 20 ideas will be showcased on the ISB iDiya website.

The first ISB iDiya Challenge in 2009 brought in 125 idea submissions from all around the country. The winner, SourcePilani – a unique rural BPO business model, has trained 25 villagers around Pilani since attending the iDiya Bootcamp in December 2009. In all, SourcePilani has trained 200 villagers since its inception and plans to grow twofold by the end of 2010. The bootcamp for the winners had distinguished speakers of the stature of S.Sivakumar, Chief Executive of Agribusiness, ITC, Atreya Rayaprolu, Vice President, Intellecap, and Sachin Malhan, Co-founder & CEO, Inclusive Planet.

The ISB iDiya Challenge is being organised by the Net Impact Club (Gold Chapter) at the ISB, the first in Asia. Net Impact began in 2003 when a network of new generation leaders committed themselves to using the power of business to improve the world.

About the ISB

The Indian School of Business (ISB) is a premier management institution established in 2001. In a short span of nine years, the ISB has successfully pioneered several new trends in management education in India and has established itself as a leading B-school across the world. The ISB has a strong pool of research oriented resident faculty and invites high calibre international faculty from reputed B-schools to teach in its Post Graduate Programme in Management/ Executive Education Programmes as well as to participate in collaborative research with the resident faculty. ISB was ranked 12 in Global B -school Rankings 2010 by the Financial Times, London.

For further information, please contact:

Sriram Gopalakrishnan
Head – Marketing and Communications
Indian School of Business
Tel.: 939 456 8030
E-mail: Sriram_gopalakrishnan@isb.edu
www.isb.edu

CHIEF MINISTER OF PUNJAB LAYS FOUNDATION STONE FOR THE ISB'S NEW CAMPUS AT MOHALI- News, CHIEF MINISTER OF PUNJAB LAYS FOUNDATION STONE FOR THE ISB'S NEW CAMPUS AT MOHALI- Indian School of Business (ISB)

Wed, 11 Aug 2010 16:52:30 GMT

To be the ISB’s first campus outside Hyderabad
To house institutes focussed on areas critical to India's development

Mohali, August 11, 2010: The Honourable Chief Minister of Punjab, Sardar Parkash Singh Badal today laid the foundation stone for the new campus of the Indian School of Business (ISB) in Mohali, Punjab, marking the start of construction of the School’s first campus outside Hyderabad. The move underscores the ISB’s belief in achieving scale to effect a greater impact on business and society. Gracing the occasion were Dr Upinderjit Kaur - Minister of Education, Punjab, Ajit Rangnekar - Dean, ISB, founding supporters of the Mohali campus, Analjit Singh, Pawan Munjal, Sunil Kant Munjal, Rakesh Bharti Mittal, Luv Chhabra and Savita Mahajan - Deputy Dean, ISB & Chief Executive, Mohali Campus.

The ISB campus at Mohali will house four institutes focusing on areas critical to India’s development, viz. Max India Institute of Healthcare Management, Bharti Institute of Public Policy, BML Munjal Hero Honda Institute of Manufacturing Excellence and Innovation, and Punj Lloyd Institute of Physical Infrastructure Management. These institutes are being set up with generous contributions from the founding supporters of the ISB campus at Mohali to further research and education in the respective areas. In addition to its founding academic associations with the Kellogg School of Management, The Wharton School and London Business School, the ISB has established an academic association with MIT Sloan school of Management to support the institutes in Manufacturing Excellence and Physical Infrastructure Management. While the Wharton association is being extended for the institute in Healthcare Management, the academic association for the institute in Public Policy is under finalisation.

Spread across 70 acres, the ISB campus at Mohali will be equipped with state-of-the-art learning facilities – lecture theatres, a 500-seater auditorium, student and faculty housing, and a host of recreational facilities. The master plan of the campus and the architectural design of the individual buildings combine the principles of traditional Indian design with contemporary campus standards, reflecting the ISB’s character of being uniquely Indian and, at the same time, a global institution. The buildings adhere to the latest international building code and educational facility operating standards. The campus is designed to meet LEED Gold sustainability criteria, with energy-efficient mechanical and electrical fixtures, rain water harvesting, maximised day lighting and passive environmental controls. The campus has been designed by the leading international architects, Perkins Eastman, New York, in partnership with RSP, Bangalore, and is being project managed by Jones Lang Lasalle Meghraj.

The construction of the campus is expected to be completed by March 2012, and the first academic session for the Post Graduate Programme in Management is scheduled to commence in April 2012, with an initial intake of 210 students. The programme will offer students the option of specialising in the new streams that are slated for launch, in addition to the existing streams. The campus at Mohali will also conduct several short duration executive education programmes in various disciplines.

The School will have a unified governance structure, with the school’s Executive Board as the statutory body overseeing and supporting both the campuses. The ISB will maintain consistency, a common set of standards and processes, and above all, an unwavering culture of excellence across both campuses.

About the ISB
Indian School of Business is a premier management institution established in 2001. In a short span of nine years, the ISB has successfully pioneered several new trends in management education in India and has established itself as a leading B school across the world. The ISB has a strong pool of research oriented resident faculty and invites high calibre international faculty from reputed B schools to teach in its Post Graduate Programme in Management/ Executive Education Programmes/ Post Graduate Programme in management for Senior Executives as well as to participate in collaborative research with the resident faculty. The ISB was ranked 12 in Global B School Rankings 2010 by Financial Times, London.

For further information, please contact:
Sriram Gopalakrishnan
Head – Marketing and Communications,
Indian School of Business
Tel.: 939 456 8030
E-mail: Sriram_gopalakrishnan@isb.edu
www.isb.edu

Official Quotes

Sardar Parkash Singh Badal, Chief Minister, Punjab: “Today is a red letter day in the history of Punjab. We have laid the foundation stone of the ISB, a world class management education institution, at Mohali. The ISB’s presence will help facilitate the emergence of Mohali as an important centre of higher learning and help generate more employment opportunities. We are grateful to the four global corporate groups- Max India Ltd., Bharti Enterprises Ltd., Hero Corporate Services Ltd. and Punj Lloyd Group who have whole-heartedly supported us in promoting the ISB campus at Mohali.”

Dr Upinderjit Kaur, Minister of Education, Punjab: “This is a historic event for us and it has given us immense joy. The Indian education system has been witnessing unprecedented growth in recent years, with special focus on expansion, quality and equity. The ISB is a premier management institution and it is our proud privilege for us that we are going to have its second campus at Mohali.”

Ajit Rangnekar, Dean, ISB: “We have always believed that scale is critical to creating impact in a large country such as ours. Our expansion with the new campus at Mohali is an important step in this direction, while also allowing us to foray into areas critical for India’s development. We are grateful to Hon’ble Chief Minister of Punjab Sardar Parkash Singh Badal and the Punjab Government for wholeheartedly supporting us in our mission.”

Savita Mahajan, Deputy Dean, ISB and Chief Executive, Mohali Campus: “The ISB’s focus at Mohali will be on emerging sectors such as Healthcare, Public Policy, Manufacturing and Physical Infrastructure Management, which form a vital part of our nation’s development. It also makes our model distinct for a business school. We are thankful to our founding supporters for backing us in our endeavour.”

Analjit Singh, Chairman, Max India Group: “It is highly satisfying to have contributed to the development of ISB’s Mohali campus as a founder supporter. We have had strong linkages with Punjab and it is a feeling of joy to see a World Class management institution taking root in the state.”

Rakesh Bharti Mittal, Vice-Chairman and Managing Director, Bharti Enterprises: “Today is a great day for Punjab as we take another major step towards setting up of the second ISB campus at Mohali, which will be a centre of excellence in management education not just in India but globally. Bharti Enterprises is supporting ISB Mohali for setting up the Bharti Institute of Public Policy which will be a world class institute that promotes quality research, executive education and full time courses in the area of public policy. I would like to thank the Government of Punjab for sharing our vision and being a partner in this progressive project.”

Sunil Kant Munjal, Chairman, Hero Corporate Service: “In a very short span of time, ISB has established itself not just as India’s premier business school but also as a globally ranked management institute. With every passing year, it is setting new benchmarks in management education not just in India, but across Asia and around the world. As India emerges as a hub for global businesses and global scale Indian businesses in the new millennium, it is but natural that the ISB is also seeking a wider canvas to express and showcase itself. The Hero Group is extremely privileged to be associated with ISB’s venture at Mohali as a founding partner. We are confident that the BML Munjal Hero Honda Institute of Manufacturing Excellence and Innovation will become the region’s premier institute for both best and next practices. High quality education is the foundation of any strong society. The setting up of the ISB of Mohali will give further fillup to the region to continue to grow and provide talent both for the country and the region.”

ISB AND DR. REDDY'S PARTNER TO PROMOTE RESEARCH IN EMPLOYABILITY AND SKILLING- News, ISB AND DR. REDDY'S PARTNER TO PROMOTE RESEARCH IN EMPLOYABILITY AND SKILLING- Indian School of Business (ISB)

Mon, 23 Aug 2010 15:41:44 GMT

Hyderabad, August 19, 2010: The Indian School of Business (ISB) today signed a Memorandum of Understanding (MoU) with Dr. Reddy’s Laboratories Limited to establish the ‘Dr. Reddy’s Cell for Employability and Skilling’ at the ISB. The MoU was signed by Ajit Rangnekar, Dean, ISB and GV Prasad, Vice Chairman and CEO, Dr. Reddy’s. The Cell is established under the aegis of the Centre for Emerging Markets Solutions (CEMS), an inter-disciplinary research centre at the ISB with the mandate to research and develop market-based solutions to socio-economic problems. Dr. Reddy’s is committed to provide a grant of INR 10 crores to CEMS at the ISB, over a period of five years, for promoting research in the area of employability and skilling for the youth of India.

The objective of the Dr. Reddy’s Cell is to conduct in-depth, inter-disciplinary research to develop market-based solutions which are catalytic in nature, and create affordable, profitable, scalable, and replicable business models to address the skills shortage in the country. The Cell will work with partners to implement pilot projects, test their feasibility and demonstrate the impact of these business models. The research focus will be on sectors such as Banking, Financial Services, Retail, Healthcare and Education that have the potential to employ a large number of young people with a basic level of education (class 12 students, college dropouts, and graduates from tier-2 cities and beyond) and train them to become a part of the skilled workforce.

Making the announcement, Ajit Rangnekar, Dean, ISB said, “India will have to educate, skill and gainfully employ about 500 million youth by 2020 to reap its demographic dividend and reduce income inequality. Setting up the Dr. Reddy’s Cell is an important first step for us towards addressing this issue. We are delighted that DRL also shares our belief, and would like to thank them for supporting us in our endeavour. The ISB will launch several similar initiatives that address issues of national importance, in keeping with our commitment to making a positive impact on business and society.”

Commenting on the association, GV Prasad, Vice Chairman and CEO, Dr. Reddy’s, said, “We are happy to partner with ISB to support the work we are doing through the Dr. Reddy’s Foundation. This partnership further strengthens our commitment towards creating sustainable livelihoods for the socially and economically weaker sections of the society”.

“Livelihood Advancement Business School (LABS), the flagship programme of Dr. Reddy’s Foundation creates livelihood opportunities for the economically underprivileged sections of the society and is an example of a model that has been scaled up nationally through public and private partnerships”, added Jitendra Kalra, Head-Dr. Reddy’s Foundation.

Underscoring the significance of the initiative, Professor Reuben Abraham, Executive Director, CEMS, ISB, said, “The research conducted at the Dr. Reddy’s Cell will demonstrate that markets and the business sector can play a big role in creating capacity and human resources to fuel economic growth over the next few decades. In the process, it has the potential to reduce poverty at a large scale, much like China has in the last 25 years.”

The Cell will research the role of technology, finance, information networks and policy to catalyse a skilling and employability market that can serve the low-income segment. It will design and conduct workshops, conferences, form working groups of experts from various fields, undertake projects, make policy recommendations and publish white papers.

About ISB

The Indian School of Business (ISB) is a premier management institution established in 2001. In a short span of nine years, the ISB has successfully pioneered several new trends in management education in India and has established itself as a leading B school across the world. The ISB has a strong pool of research oriented resident faculty and invites high calibre international faculty from reputed B schools to teach in its Post Graduate Programme in Management/ Executive Education Programmes as well as to participate in collaborative research with the resident faculty. ISB was ranked 12 in Global B School Rankings 2010 by Financial Times, London.
www.isb.edu

About Dr. Reddy’s Laboratories

Established in 1984, Dr. Reddy’s Laboratories (NYSE: RDY) is a global pharmaceutical company. We fulfill our purpose of providing affordable and innovative medicines through three core businesses: Pharmaceutical Services and Active Ingredients, Global Generics and Proprietary Products. Our products are marketed globally, with a focus on India, US, UK, Germany and Russia.
www.drreddys.com

For further information, please contact:
Sriram Gopalakrishnan
Head – Marketing and Communications
Indian School of Business
Tel.: 939 456 8030
E-mail: Sriram_gopalakrishnan@isb.edu

Dr. Reddy’s contact:
S Rajan at rajans@drreddys.com/ +91-40- 66511725

About CEMS at the ISB

The Centre for Emerging Markets Solutions (CEMS) at the ISB has been set up with the conviction that market-based solutions exist for a large number of the developing world's problems. CEMS promotes the idea that the next 800 million in India and 4 billion globally be seen not as a burden but as a great opportunity. It focuses on six interrelated foundational elements: Small Business and Finance, Affordable Housing and Urbanisation, Education, Healthcare, Energy, and Philanthropy. Though CEMS has begun its work by focusing on India, its mandate is broader and stretches across all emerging markets. CEMS will act as a lab where solutions to emerging market problems are developed and then ported to other emerging markets.

About Dr. Reddy’s Foundation and LABS program

The foundation, established in 1996 focuses on two areas- Livelihood creation and Education.LABS (Livelihood Advancement Business School) is a pioneering public-private partnership model that designs and delivers livelihood generation programs to enhance the standards of living of the economically weaker sections in India. LABS, started in 2000, has trained over 210,000 individuals so far.

The foundation also provides learning opportunities and makes education more accessible to those who have never been to school, or have dropped out of it. DRF also works on improving the quality of education in schools. The initiatives which began in the state of Andhra Pradesh, India have been replicated in other states of India. Today, they cover over 109 districts in 20 states of India.
www.drreddysfoundation.org

CHIEF MINISTER OF PUNJAB LAYS FOUNDATION STONE FOR THE ISB'S NEW CAMPUS AT MOHALI- News, CHIEF MINISTER OF PUNJAB LAYS FOUNDATION STONE FOR THE ISB'S NEW CAMPUS AT MOHALI- Indian School of Business (ISB)

Mon, 23 Aug 2010 15:47:23 GMT

To be the ISB’s first campus outside Hyderabad
To house institutes focussed on areas critical to India's development

ISB Faculty and Nomura Holdings Launch Book on Indian Capital Markets- News, ISB Faculty and Nomura Holdings, Japan Launch Book on Indian Capital Markets- Indian School of Business (ISB)

Wed, 01 Dec 2010 18:05:04 GMT

Mumbai/ Hyderabad, November 29, 2010: The Indian School of Business (ISB) today announced the launch of ‘Capital Markets in India’- a comprehensive book on the dynamic Indian capital markets. The book, edited by Professors Sankar De and Rajesh Chakrabarti at the ISB, provides valuable insights into the recent trends and developments in the financial markets in India. It is an outcome of an international collaboration between the Centre for Analytical Finance (CAF) at the ISB and the Tokyo-based Nomura Institute for Capital Markets Research (NICMR). Before this project, NICMR had partnered only with Brookings Institution, based in Washington DC.

Announcing the launch of the book, Ajit Rangnekar, Dean, ISB, said, “At the ISB, it is our constant endeavour to develop research that is practical, relevant and useful to practitioners and this book is a step in this direction. I would like to commend NICMR, Sankar, Rajesh and the authors for creating a comprehensive guide to Indian financial markets for both domestic and foreign investors.” The book has a foreword by CB Bhave, Chairman, Securities Exchange Board of India (SEBI). In addition to the two editors, authors include leading practitioners - Zia Mody - AZB Partners, Chitra Ramakrishna - NSE, Bandi Ram Prasad- FTKMC, regulators - M. S. Sahoo - SEBI, and academic experts - Professors J.R. Verma (IIMA) and Susan Thomas (IGIDR).

The book was launched by Sanjay Nayar- CEO, KKR-India in the presence of Donna Vandenbrink, Economist, NICMR Japan, Vivek Mehra - CEO, Sage Publications Inc, Dean Rangnekar and the two editors. A panel discussion on the theme “Indian Capital Markets in the Post-Crisis World – Opportunities and Challenges” was also held. Panelists included Ravi Kapoor - Head of Global Banking, Citigroup, Dr. KP Krishnan - Secretary, PM’s Council of Economic Advisers, Joseph Massey - MD & CEO, MCX and Vamesh Chovatia, Director, Kotak Investments. The book goes beyond simply relating statistics and history—it provides analysis and insights in every area it covers, giving a clear perspective on the reality of the Indian financial markets post the global economic recession. It comprises different segments of the securities industry (brokerage business, securities analysis, underwriting business, to mention a few), and asset management industry spanning mutual funds, pension funds, hedge funds, venture funds, investor advisory services and others. The regulatory and legal system governing the capital markets is also an important focus area of the book.

In addition to the book, a companion website at www.isb.edu/caf/IndiaFinance.htm will soon be available, which will act as a compendium and repository of the latest information on the Indian financial sector. Together, these will be of immense help to domestic and foreign investors, fund managers, analysts, and others, including researchers and students of finance. The Centre for Analytical Finance (CAF) at the ISB was established in 2004 and is committed to undertaking research with a focus on emerging markets, and training the next generation of researchers. It has made significant strides in creating path-breaking research on emerging capital markets. The Centre has collaborations and partnerships with scholars, important think-tanks and special financial institutions both in India and abroad.

NICMR is a think-tank under the umbrella of Japan-based Nomura Holdings, a giant multi-national financial group. Tokyo Club Foundation, a sister organization of NICMR, has provided funding for the book, while CAF has been responsible for the content. Sage Publications Inc has published the book that will be distributed across the world

About the ISB
Indian School of Business is a premier management institution established in 2001. In a short span of nine years, the ISB has successfully pioneered several new trends in management education in India and has established itself as a leading B school across the world. The ISB has a strong pool of research oriented resident faculty and invites high calibre international faculty from reputed B schools to teach in its Post Graduate Programme in Management/ Executive Education Programmes as well as to participate in collaborative research with the resident faculty. ISB was ranked 12 in Global B School Rankings 2010 by Financial Times, London.

For further information, please contact:

Sriram Gopalakrishnan
Head – Marketing and Communications
Indian School of Business
Tel.: 939 456 8030
E-mail: Sriram_gopalakrishnan@isb.edu
www.isb.edu

ISB LAUNCHES 'YOUNG LEADERS PROGRAMME'- News, ISB LAUNCHES 'YOUNG LEADERS PROGRAMME'- Indian School of Business (ISB)

Thu, 06 Jan 2011 15:12:27 GMT

INDIA’S FIRST LEADERSHIP PROGRAMME FOR STUDENTS IN PRE-FINAL YEAR OF GRADUATION

Hyderabad, January 05, 2011: The Indian School of Business (ISB), today announced the launch of the ‘Young Leaders Programme’ (YLP) for promising students who are in their pre- final year of graduation. The YLP is a first of its kind initiative for young achievers to get a head start in their careers by allowing them to seek pre-admission to the ISB’s one year Post Graduate Programme in Management (PGP). After introducing two pioneering management programmes targeted at mid-level and senior industry professionals, the ISB now offers a ‘bridge’ programme for graduate college students interested in making an early move into leadership positions.

Making the announcement, Deepak Chandra, Deputy Dean, ISB said, “The ISB is proud to launch the ‘Young Leaders Programme (YLP) to identify and nurture leadership potential among young college students, who will assume the mantle of leadership tomorrow. The programme has been designed to enhance the leadership skills of these students through a structured process, which in turn will create a pipeline for the next generation of business leaders.”

Under the YLP, the ISB will select students who have excellent academic and extra-curricular credentials, and demonstrate leadership potential. The learning and assessment modules of the YLP have been specifically designed keeping in mind the needs of the young executives as they step into the corporate world. They will be mentored and groomed by ISB faculty through a well designed learning programme that will equip them with skills to ensure a seamless transition from college to work life.

Elaborating on the unique proposition of the YLP, V K Menon, Senior Director – Admissions and Career Advancement Services said, “The Young Leaders Programme is an excellent opportunity for graduate college students interested in fast tracking their career. It is designed to enhance their learning, hone their skills and lay the foundation for a well planned entry into the competitive corporate world”.

Candidates selected into the YLP are required to complete one year and nine months of work experience before joining the ISB’s PGP. During this period, students will attend contact programmes at the ISB campus at the end of every six months. The contact sessions at the ISB will focus on enhancing their leadership quotient, expose them to diverse career options, network and build relationships with like-minded YLP peers and ISB alumni, share experiences and gain valuable lessons from them. YLP participants will be eligible for a scholarship of Rs one lakh. In addition, they will be eligible for both merit and need based scholarships of the PGP. The YLP participants will comprise about 10% of the PGP class size every year.

The admission into the YLP is through a rigourous selection process comprising of profile evaluation, analysis of academic and analytical skills, GMAT performance, essays, video presentation and personal interviews. The admission process commences today, and will be open until March 15, 2011. For more details, one can visit: www.isb.edu/ylp

About the ISB:

The Indian School of Business (ISB) was established in 2001 with an aspiration to put India on the global map of management education. In less than a decade since its inception, the ISB has successfully pioneered several new trends in management education in India, and firmly established itself as a world class management institution. In 2008, the ISB became the youngest institution to be ranked among the Top 20, in the Global B-school Rankings by the Financial Times, London, and since then has been ranked consistently among the top B-schools globally. The ISB today has a strong pool of research-oriented resident faculty and invites high calibre international faculty from reputed B-schools to teach in its Post Graduate Programme in Management (PGP), Post Graduate Programme in Management for Senior Executives (PGPMAX), and Executive Education Programmes. In addition to teaching, the visiting faculty also participates in collaborative research with the resident faculty. The school has over 3000 PGP Alumni and 12000 Executive Education Alumni, making an impact on business and society across the world. The ISB is in the process of setting up its second campus in Mohali, Punjab, which will also have specialist Institutes for promoting research and education in areas critical to India’s development. The Mohali campus is slated to be operational from April 2012.

For further information, please contact:
Sriram Gopalakrishnan
Director – Marketing and Communications
Indian School of Business
Tel.: 939 456 8030
E-mail: Sriram_gopalakrishnan@isb.edu

www.isb.edu

(Deepak Chandra, Deputy Dean, ISB announcing the launch of the Young Leaders Programme )

( VK Menon, Senior Director – Careers, Admissions and Financial Aid, ISB at the launch of the programme )

ISB and Coca Cola India join hands to launch the Coca Cola - ISB Retail Academy- News, ISB and Coca Cola India join hands to launch the Coca Cola - ISB Retail Academy- Indian School of Business (ISB)

Tue, 11 Jan 2011 11:08:12 GMT

First-of-its-kind specialized programme to educate and train world class professionals in the retail sector in India

Hyderabad, January 10, 2011: The Indian School of Business (ISB), today announced that it has signed a Memorandum of Understanding (MoU) with Coca-Cola India to establish the Coca-Cola ISB Retail Academy at the ISB campus in Hyderabad. Present at the announcement were Mr. Ajit Rangnekar, Dean, ISB, Mr. Deepak Chandra, Deputy Dean, ISB, Mr. Ahmet Bozer, Group President, Eurasia and Africa group, The Coca-Cola Company and Mr. Atul Singh, President & CEO, Coca-Cola India and South West Asia.

Making the announcement, Ajit Rangnekar, Dean, ISB, said, “The retail sector in India is undergoing a rapid transformation, and the next phase of growth will require well trained professionals capable of amalgamating global best practices with the unique characteristics of the Indian consumer. The ISB will provide cutting edge pedagogy that will help them to drive the capability of the retail sector in India to ‘world-class’ competency levels and benchmarking against the best globally. We are delighted to associate with Coca-Cola India in developing this premier retail training programme in India.”

The Academy will impart a first-of-its-kind specialized academic programme to educate and train mid level professionals in retail management in India. A detailed diagnostic study to understand managerial capabilities and requirements at various levels in retailing organizations was undertaken by the ISB, which revealed certain shortcomings in the skill sets of retail sector professionals. The Academy has designed the programme so as to establish it as the “gold standard” in retail training in India, thereby ramping up capabilities in this sunrise industry.

According to Mr. Ahmet Bozer, Group President, Eurasia and Africa group, The Coca-Cola Company, “This initiative lays the foundation for a well-rounded retail management training program thereby contributing to quality of future retail managers. This will be an important driving force for the sector and the Indian economy and we are proud to partner with a premier institute like ISB on this important initiative.”

The programme will be governed by a Governing Council comprising of eminent retail practitioners and academicians. The Academy will also conduct retail research and conduct online programmes.

According to Mr. Deepak Chandra, Deputy Dean, ISB, “Today retail chains are expanding at a rapid pace, but do not have the managerial capability to manage the scale. The current set of people in most retail organizations, have either moved from consumer marketing divisions or have grown into their roles. This Retail Academy will train people in general management skills as well as retail specific knowledge.”

Speaking at the occasion, Mr. Atul Singh, President & CEO, Coca-Cola India and South West Asia, said, “The Retail Academy is a logical extension of our focus on building capability of retailers after the coca-Cola university retail training program – Parivartan. As partners in this project, we are contributing resources, financial and manpower, to establish the Academy.”

The first session of the programme will commence in June 2011 with an initial strength of 50 professionals. This will subsequently be scaled up in the next three to four years. The curriculum is a 25 day programme spread over a period of six months.

About the ISB

About Coca-Cola India

Coca-Cola in India refreshes millions of consumers throughout the country with an exciting range of beverages including Coca-Cola, Diet Coke, Thums Up, Fanta, Limca, Sprite, Maaza, Maaza Milky Delite, Minute Maid Pulpy Orange, Minute Maid Nimbu Fresh, Nestea, Georgia, Georgia Gold, Kinley, Kinley Club Soda and Burn through a network of more than one million outlets. The Coca-Cola Company has always placed high value on good citizenship. At the heart of business is a mission statement called the Coca-Cola Promise -- “The Coca-Cola Company exists to benefit and refresh everyone that it touches.” This basic proposition means – that the company’s business should refresh the markets, protect, preserve and enhance the environment and strengthen the community. Coca-Cola India provides extensive support for community programs across the country, with a focus on education, health and water conservation.

For further information on Company's India operations and its products, please visit www.coca-colaindia.com

ISB'S PGP RANKED IN THE GLOBAL TOP 20 FOR THE FOURTH CONSECUTIVE YEAR- News, ISB'S PGP RANKED IN THE GLOBAL TOP 20 FOR THE FOURTH CONSECUTIVE YEAR- Indian School of Business (ISB)

Mon, 31 Jan 2011 13:57:19 GMT

Ranked No. 13
Records highest “Salary percentage increase” among the top 100 schools

Hyderabad, January 31, 2011: The Post Graduate Programme in Management (PGP) of the Indian School of Business (ISB) has been ranked No: 13 in the Global Top MBA rankings 2011 released today by the Financial Times, London. It also recorded the highest “Salary percentage increase” among all the top 100 schools. This is the fourth successive year that the ISB has featured in the top 20, reinforcing its reputation as a world class institution. During this four year period, the ISB’s PGP class size grew by over 35% to a current size of 570 students reflecting the institution’s commitment to world-class quality and scale.

Announcing the ranking, Ajit Rangnekar, Dean, ISB said, “The ISB entered the global rankings in 2008, and with each passing year, has cemented its position among the top 20 schools globally, while simultaneously growing significantly. Our commitment to providing a world-class experience to all our stakeholders remains unwavering, and is reflected in our consistent showing at the rankings. I take this opportunity to thank the entire ISB community, and extended community of stakeholders across the world, for being part of this success.”

Expressing happiness on this development, Rajat Gupta, Chairman, ISB said, “The ISB is committed to its vision of grooming leadership for emerging world, and has established new paradigms for management education in India. The ISB’s accomplishments in the short span of its existence pales in comparison to only one aspect – its potential.”

Within ten years of its inception, ISB has established itself as a global business school of repute, with a demonstrated record of growth and accomplishment.

Pioneered the one-year programme format in India, targeted at experienced professionals
Grew from a PGP class size of 126 in 2001 to 570 in 2011
In 2008, became the youngest institution globally (and the first Indian institution) to be ranked among the Top 20 Global MBA programmes in the world
Largest provider of Executive Education in India, and among the largest in Asia
Built a strong culture of research with a track record of several faculty publications in top-tier international academic journals

Marking a new development, two programmes from Indian institutions have entered the rankings for the first time this year – PGPX of IIM - Ahmedabad (at 11) and GMBA of SP Jain Center of Management, Dubai / Singapore (at 68). The increase in the number of Indian, and other Asian B schools in the rankings over the past few years, reflects the rise in prominence of the region. This positive development could help spawn a cluster of high quality management institutions in the region that will attract the best talent from across the world, and create an environment conducive to path-breaking research. The ISB takes pride in being a vital catalyst in this trend.

Now in its tenth year, the school is launching series of impactful initiatives to enhance business leadership in various segments, augment its research focus, and provide meaningful careers for both young and senior professionals to enhance their careers.

‘Fellow Programme in Management’ – ISB’s much awaited PhD equivalent programme that will strengthen its research culture
Ramp-up creation of Indian Case studies.
Initiatives to raise the bar for management education in India, by supporting and mentoring faculty of Tier 2 and 3 business schools in India
Develop innovative, scalable low cost, affordable business models in housing, healthcare, education, energy, employability etc.
‘India Leadership Workshop’ - an ongoing initiative for Legislators (MLAs) to help them positively impact their constituencies.
Lifelong learning for Alumni – structured learning interventions for all ISB alumni mapping their career progression

About the ISB:

The Indian School of Business (ISB) was established in 2001 with an aspiration to put India on the global map of management education. In less than a decade since its inception, the ISB has successfully pioneered several new trends in management education in India, and firmly established itself as a world class management institution. In 2008, the ISB became the youngest institution to be ranked among the Top 20, in the Global B-school Rankings by the Financial Times, London, and since then has been ranked consistently among the top B-schools globally. The ISB today has a strong pool of research-oriented resident faculty and invites high calibre international faculty from reputed B-schools to teach in its Post Graduate Programme in Management (PGP), Post Graduate Programme in Management for Senior Executives (PGPMAX), and Executive Education Programmes. In addition to teaching, the visiting faculty also participates in collaborative research with the resident faculty. The school has over 3000 PGP Alumni and 12000 Executive Education Alumni, making an impact on business and society across the world. The ISB is in the process of setting up its second campus in Mohali, Punjab, which will also have specialist Institutes for promoting research and education in areas critical to India’s development. The Mohali campus is slated to be operational from April 2012.

For further information, please contact:

Sriram Gopalakrishnan Director – Marketing and Communications
Indian School of Business Tel.: 939 456 8030
E-mail: Sriram_gopalakrishnan@isb.edu

www.isb.edu

ISB's response on the Galleon Group Hedge Fund matter- News, ISB's response on the Galleon Group Hedge Fund matter- Indian School of Business (ISB)

Thu, 03 Mar 2011 11:52:12 GMT

March 3, 2011: The US Securities Exchange Commission (SEC) has announced that it intends to commence civil and administrative proceedings against Mr Rajat Gupta, Chairman, ISB arising out of the Galleon Group hedge fund matter.

Responding to this development, in a mail to the Dean of the ISB, Mr Gupta stated: “I am stunned and shocked by the proposed action. Let me assure you, I have done nothing wrong. The SEC's allegations are totally baseless. I am informed by my lawyers that the case is based on speculation and unreliable third hand hearsay. Just to be clear: there are no tapes or any other direct evidence of me tipping Mr. Rajaratnam. I did not trade any of the securities involved, nor did I share in any of Mr. Rajaratnam's profits. In fact during the period in question, the business relationship between Mr. Rajaratnam and I were strained.”

He further added: “I have spent my entire professional career zealously guarding the confidences of my clients. There is no reason for me to suddenly deviate from a lifetime of probity and honor. I will defend myself vigorously and I am confident of being vindicated.”

In a mail to the ISB Community following this development, Ajit Rangnekar, Dean ISB said: “I have known and worked closely with Rajat for eight years now, and have always been impressed by his thorough professionalism, integrity and commitment to Values. I am confident that he will be vindicated. We should also note that the Government has not taken any criminal action against him, which they would have, if there was a case to answer. The best way we can support Rajat is to focus on our Mission, of creating a strong Research output, and delivering world-class programmes. Our reputation as a School is based on our own work and performance, and that should always be our focus.”

Adi Godrej takes charge as second Chairman of the ISB- News, Adi Godrej takes charge as second Chairman of the ISB- Indian School of Business (ISB)

Tue, 05 Apr 2011 09:48:28 GMT

Hyderabad, April 02, 2011: At the 49th Executive Board meeting of the Indian School of Business (ISB) today, the Board accepted the resignation of Mr Rajat Gupta, and unanimously elected Mr Adi Godrej as the second Chairman of the ISB, with immediate effect. In his new role, Adi Godrej will chair the board of ISB that comprises of many respected industrialists and philanthropists. The members of the Board provide overall strategic direction, to help the school attain its vision and mission. The day to day functioning of the school continues to be under the purview of the Dean and his team.

Making the announcement, Ajit Rangnekar, Dean, ISB said, “Adi has been closely associated with the ISB since its inception. Over the years, he has provided valuable guidance towards making ISB one of the largest management institutions of quality in the world. As the Chairman of the Godrej Group, Adi has a strong reputation as a business leader and is committed to an inclusive India. We welcome Adi as our new Chairman.”

Elaborating on ISB’s future plans, he added, “India is going to be an important centre of global management education, and ISB will continue to groom leadership for the demands of a globalised world. We will continue to stay committed to our mission to create and disseminate research based knowledge, develop and enhance business leadership and to contribute to the welfare and development of the community.”

Accepting his role as the Chairman, ISB, Adi Godrej, said, “The ISB is in its tenth year, and we have every reason to feel proud, as it has truly taken flight. The ISB has never been stronger, and we are very confident about its future. I have always been proud to be part of this great institution of learning and am honored to take on the role of the Chairman. I look forward to working along with the other esteemed board members and our Dean to help take ISB to greater heights.”

The announcement was made at the ISB campus on the occasion of its tenth Graduation Day. The ceremony was graced by Chief Guest Dr. Judith Rodin, President, Rockefeller Foundation and Guest of Honour Sir Martin Sorrell, Chief Executive Officer, WPP Group and member of the ISB Board. The Class of 2011 comprising 569 students will be awarded their Graduation certificates at the evening ceremony in the presence of families, friends, ISB Board members, faculty and other well-wishers.

The ISB presented its ‘Scholar of Excellence’ award to Rajat Agarwal and Akshay Rajagopalan in recognition of their consistent, exceptional academic achievement over the entire programme. Atma Shivalanka was awarded the ‘Chairman’s Award for Excellence in Leadership’, given to the best all-rounder. 65 students whose grades were in the top 10% of the class were included in the Dean’s list. A total of 60 students were awarded the ISB Scholarship. Students of the Class of 2011 elected Professor Prashant Kale and Professor Piyush Kumar as ‘Professor of the Year’ for the Core and Elective terms respectively.

With the graduation of the Class of 2011, the school now has 3500+ Alumni spread across 25+ countries in a wide spectrum of sectors including Consulting, Finance, Real Estate, Media, Manufacturing, IT & ITES, Telecom, Pharmaceuticals, Automobile, Energy, Petroleum and NGOs, apart from over a 150 entrepreneurs across various sectors. Six ISB alums are currently pursuing their PhDs. The ISB Alumni Association comprises 7 domestic chapters and 4 overseas chapters.

About the ISB: The Indian School of Business (ISB) was established in 2001 with an aspiration to put India on the global map of management education. In less than a decade since its inception, the ISB has successfully pioneered several new trends in management education in India, and firmly established itself as a world class management institution. In 2008, the ISB became the youngest institution to be ranked among the Top 20, in the Global B-school Rankings by the Financial Times, London, and since then has been ranked consistently among the top 20 B-schools globally.

The ISB today has a strong pool of research-oriented resident faculty and invites high calibre international faculty from reputed B-schools to teach in its Post Graduate Programme in Management (PGP), Post Graduate Programme in Management for Senior Executives (PGPMAX), and Executive Education Programmes. In addition to teaching, the visiting faculty also participates in collaborative research with the resident faculty. The school has over 3000 PGP Alumni and 12000 Executive Education Alumni, making an impact on business and society across the world. The ISB is in the process of setting up its second campus in Mohali, Punjab, which will also have specialist Institutes for promoting research and education in areas critical to India’s development. The Mohali campus is slated to be operational from April 2012. www.isb.edu

For further information, please contact:
Sriram Gopalakrishnan
Director – Marketing and Communications
Indian School of Business
Tel.: +91 939 456 8030
E-mail: Sriram_gopalakrishnan@isb.edu

Indian School of Business celebrates its Tenth Graduation Day- News, Indian School of Business celebrates its Tenth Graduation Day- Indian School of Business (ISB)

Tue, 05 Apr 2011 09:49:46 GMT

• 569 students graduate from Class of 2011
• Dr. Judith Rodin, President, Rockefeller Foundation is the Chief Guest
• Sir Martin Sorrell, Chief Executive Officer, WPP Group is the Guest of Honour

Hyderabad, April 02, 2011: The Indian School of Business (ISB) celebrated the Graduation Day of the Class of 2011, which is the tenth class to graduate since the school’s inception in 2001. The Chief Guest for the Ceremony was Dr. Judith Rodin, President, Rockefeller Foundation who awarded Graduation Certificates to the 569 students of the Class of 2011. Families and friends witnessed this proud moment along with the ISB Board Members, faculty and invitees from the industry, present on the occasion. The occasion was also graced by Sir Martin Sorrell, Chief Executive Officer, WPP Group who is also a member of the Governing Board of the ISB.

Speaking on this momentous occasion, Ajit Rangnekar, Dean, ISB, said “This is a landmark ceremony for the ISB as it celebrates a decade of delivering top class management education to future leaders of the country. I am confident that the Class of 2011 will rise up to the challenges posed in this country and will help create a positive impact on business and society at large. I wish you the best in all your endeavors.”

The mood at the graduation ceremony was one of enthusiasm and joy. Adi Godrej, Chairman, ISB said, “The ISB is in its tenth year, and we have every reason to feel proud, as it has truly taken flight. The ISB has never been stronger, and we are very confident about its future. I have always been proud to be part of this great institution of learning and am honored to take on the role of the Chairman. I look forward to working along with the other esteemed board members and our Dean to help take the ISB to greater heights.”
Dr. Judith Rodin, President, Rockefeller Foundation said, “I take this opportunity to congratulate the ISB family on the occasion of its tenth graduation ceremony. The world in which business is conducted has changed dramatically with factors like globalisation, urbanisation, climate change, demographic and technological shifts. What I would like to advice the Class of 2011 is to focus on creating innovation which has the potential to be a source of power and profit in the 21st century. Leverage the skills that you have learnt at ISB and use them to solve the various shared problems that are faced not just by our local community but also by mankind.”

Sir Martin Sorrell, Chief Executive Officer, WPP Group advised the students on the importance of work-life balance. He said, “As you go forward and plot your career, there are 3 important factors that you need to think about: Career, Family and Society. It is important to maintain a wholesome balance between these three at all points in your life. He added, “I’d also like to encourage students to pursue and hone their entrepreneurial skills and think about business models which are socially responsible, low cost and will value talent. I am honoured to be a part of the tenth graduation ceremony of the ISB and wish the Class of 2011 all the best for the future.”

The ISB presented its ‘Scholar of Excellence’ award to Rajat Agarwal and Akshay Rajagopalan in recognition of their consistent, exceptional academic achievement over the entire programme. Atma Shivalanka was awarded the ‘Chairman’s Award for Excellence in Leadership’, given to the best all-rounder. 65 students whose grades were in the top 10% of the class were included in the Dean’s list. A total of 60 students were awarded the ISB Scholarship. Students of the Class of 2011 elected Professor Prashant Kale and Professor Piyush Kumar is ‘Professor of the Year’ for the Core and Elective terms respectively.
With the graduation of the Class of 2011, the school now has 3500+ Alumni spread across 25+ countries in a wide spectrum of sectors including Consulting, Finance, Real Estate, Media, Manufacturing, IT & ITES, Telecom, Pharmaceuticals, Automobile, Energy, Petroleum and NGOs, apart from over 150 entrepreneurs across various sectors. Six ISB alums are currently pursuing their PhDs. The ISB Alumni Association comprises 7 domestic chapters and 4 overseas chapters.

About the ISB:

For further information, please contact:
Sriram Gopalakrishnan
Director – Marketing and Communications
Indian School of Business
Tel.: 939 456 8030
E-mail: Sriram_gopalakrishnan@isb.edu
www.isb.edu

ISB Dean, Ajit Rangnekar welcoming the ISB’s new Chairman, Adi Godrej

L to R: Ajit Rangnekar Dean ISB, Dr. Judith Rodin, President Rockefeller Foundation, Adi Godrej Chairman ISB, Sir Martin Sorrell, Chief Executive Officer, WPP Group presenting the ISB Scholar of Excellence award

L to R: Ajit Rangnekar, Dean ISB, Dr. Judith Rodin, President, Rockefeller Foundation, Adi Godrej, Chairman ISB, and Sir Martin Sorrell, Chief Executive Officer, WPP Group at the ISB Graduation Day 2011

“Hat Toss” - The ISB Class of 2011 celebrate their graduation.

Upbeat mood marks Placement Season 2011 at the ISB- News, Upbeat mood marks Placement Season 2011 at the ISB- Indian School of Business (ISB)

Wed, 06 Apr 2011 16:35:31 GMT

Hyderabad, April 06, 2011: The Indian School of Business (ISB) today announced the results of placements for the Class of 2011. The Placement season, based on ISB’s pioneering ‘Rolling Placements process’, was one marked with a mood of confidence and buoyancy. The Class of 2011, comprising students from diverse backgrounds and work experience ranging from 2 years to 24 years, secured the highest ever number of offers across an array of industries, functions and geographies. This year, 310 companies made 661 offers to the students, many of which were senior management positions, both nationally and internationally. The year also witnessed an overall rise in compensation levels over the last year, across industries and functions.

Announcing the placements results, Ajit Rangnekar, Dean, ISB, said, “This has been a very heartening placement season for us. It resonates with our belief of providing the high quality talent at a large scale, to address the growing demands for business leaders for fueling our growth. I would like to thank all our recruiters for the confidence they have consistently reposed in ISB graduates for strengthening their organisations. On our part, we are committed to expand and grow, to meet the growing demands for top-notch global managerial talent.”

V K Menon, Senior Director, Career Advancement Services said, “Our focused approach to getting the right companies for the right jobs has resulted in better fits, hence higher recruiter and student satisfaction, and overall higher CTC levels. We have also witnessed a global increase in demand across continents.”

Some of the key highlights and trends of the placement season:

Increase in number of Offers: This year we witnessed an overall increase in the number of offers by 22% over last year. The number of domestic offers increased by 19%, and that of international offers by 35% over last year. More number of offers were made per company, reflecting the revival in the economy and the fact that companies are now in expansion mode.

Rise in average Compensation level : This year witnessed an overall rise in CTC levels across industry segments and functions over the last year. The average outgoing compensation was 2.3 times the average incoming compensation.

Marked growth in International offers and locations: Both international and domestic companies hired ISB students for international locations, in key positions. There was a 35% increase in International offers, with 83 offers being made by 73 companies, from 19 cities across the globe including Middle-East, Europe, Asia-Pacific, Africa and North America.

Major Sectors: The leading sectors for this placements season were Consulting (32%), IT/ITES (21%), and Banks & Financial Institutions (12%). The offers from the Consulting sector doubled as compared to last year.

Alumni Recruiters: The current placement season interestingly saw hiring by ISB alums as well. Orkash – a strategic consulting company and Loyalty Rewardz- a customer rewards company hired 8 students in all. Apart from these, there are several others who have hired fellow alums or are working together as business partners. The ISB alumni network comprises over 150 entrepreneurs.

Student Entrepreneurs: 5 students from the Class of 2011 opted out of the placements process and enrolled into the Entrepreneurship Development Initiative (EDI). They have chosen to start their own ventures in the areas of tourism, customised mobile manufacturing, learning and development using Indian Mythology, Retail, and Mobile application technology. Around 25 such ventures are in various stages of incubation at the Wadhwani Centre for Entrepreneurial Development since two years of starting this initiative.

552 students Of the 569 students of the Class of 2011participated in the rolling placement process, that kicked-off in January this year. The system is a lateral hiring process that is spread over several months designed to give the best fit to both the students and the recruiters. Students get time to meet people, understand the company and the role in detail. Recruiters are also keen to spend time with students especially when they are recruiting for senior roles. The successful placements at the ISB year on year are a proof of the acceptance of this concept by the industry. With the passing of the Class of 2011, the ISB now has 3500+ alumni spread across 25 countries working in senior and leadership positions across the globe, and running their own ventures. The ISB Alumni Association comprises 7 domestic chapters and 4 overseas chapters.

About the ISB:

The Indian School of Business (ISB) was established in 2001 with an aspiration to put India on the global map of management education. In less than a decade since its inception, the ISB has successfully pioneered several new trends in management education in India, and firmly established itself as a world class management institution. In 2008, the ISB became the youngest institution to be ranked among the Top 20, in the Global B-school Rankings by the Financial Times, London, and since then has been ranked consistently among the top 20 B-schools globally. The ISB today has a strong pool of research-oriented resident faculty and invites high calibre international faculty from reputed B-schools to teach in its Post Graduate Programme in Management (PGP), Post Graduate Programme in Management for Senior Executives (PGPMAX), and Executive Education Programmes. In addition to teaching, the visiting faculty also participates in collaborative research with the resident faculty. The school has over 3000 PGP Alumni and 12000 Executive Education Alumni, making an impact on business and society across the world. The ISB is in the process of setting up its second campus in Mohali, Punjab, which will also have specialist Institutes for promoting research and education in areas critical to India’s development. The Mohali campus is slated to be operational from April 2012. www.isb.edu

For further information, please contact:
Sriram Gopalakrishnan
Director- Marketing and Communications
Indian School of Business
Tel.: 939 456 8030
E-mail: sriram_gopalakrishnan@isb.edu

Students of the Class of 2011 in conversation with Dean Ajit Rangnekar (Right) and V K Menon, Senior Director, CAS (Left).

Students of the Class of 2011

ISB INKS MoU WITH THE FLETCHER SCHOOL, TUFTS UNIVERSITY, FOR THE 'BHARTI INSTITUTE OF PUBLIC POLICY'- News, ISB INKS MoU WITH THE FLETCHER SCHOOL, TUFTS UNIVERSITY, FOR THE 'BHARTI INSTITUTE OF PUBLIC POLICY'- Indian School of Business (ISB)

Fri, 08 Apr 2011 11:43:47 GMT

New Delhi/Hyderabad, December 7, 2010: The Indian School of Business (ISB) today signed a Memorandum of Understanding (MoU) with The Fletcher School of Law & Diplomacy, Tufts University, USA, to support the setting up of the Bharti Institute of Public Policy at the upcoming ISB campus in Mohali, Punjab. The MoU was signed by Ajit Rangnekar, Dean, ISB and Stephen W. Bosworth, Dean, The Fletcher School in the presence of Shri Kapil Sibal, Honourable Union Minister of Human Resource Development, Rakesh Bharti Mittal - Vice Chairman & MD, Bharti Enterprises and Savita Mahajan, Chief Executive, Mohali Campus and Deputy Dean, ISB.

Speaking at the occasion, Ajit Rangnekar, Dean, ISB, said, “We are delighted to associate with The Fletcher School and benefit from their vast expertise, not just in the area of Public Policy, but also in critically important areas like Food and Water security. I am sure this partnership will generate innovative ideas for both policy formulation and implementation, and create a critical mass of thinkers who would guide and contribute to national initiatives for the future.”

Stephen W. Bosworth, Dean of The Fletcher School, said, “Today marks the beginning of a mutually beneficial relationship that will link two distinguished graduate institutions. The Fletcher School and ISB are equally dedicated to providing forward-thinking, groundbreaking research and teaching, and this partnership will provide tremendous opportunities for cross-collaboration between the two schools”

The collaboration between the two schools is envisaged to cover the following areas:

Faculty exchange opportunities, curriculum development, research and teaching support in areas such as trade policy, energy & natural resource policy, environment and security policy.
Joint research projects, and development of educational material relevant to India.
Specialisations in Masters level programmes.
Joint executive education programmes, research workshops and conferences

Rakesh Bharti Mittal, Vice Chairman & Managing Director, Bharti Enterprises, said, “The first of its kind agreement lays the foundation for a collaborative, cross-disciplinary approach for high quality research in the area of Public Policy. The partnership will provide meaningful insights in areas such as trade, energy & natural resource, environment and security. We are confident that this partnership will create a wealth of knowledge that will benefit the country and the industry”.

“India needs to create more centres of excellence for doing high quality research and study of Public Policy in order to achieve our national goals. We are very excited about developing the Bharti Institute of Public Policy at the ISB in association with The Fletcher School”, said Savita Mahajan.

The ISB will continue to have the support of its Founding Associate Schools – The Wharton School and Kellogg School of Management. The ISB also has the support of the London Business School (LBS) as an Associate School. In April this year, it signed a MoU with MIT Sloan School of Management for supporting the development of both, BML Munjal Hero Honda Institute of Manufacturing Excellence and Innovation, and Punj Lloyd Institute of Physical Infrastructure Management.

The foundation stone for the ISB campus in Mohali was laid on August 11, 2010 by Sardar Parkash Singh Badal, Honourable Chief Minister of Punjab. The construction is progressing in full steam, and is expected to be completed by March 2012. The first academic session for the Post Graduate Programme in Management in Mohali is scheduled to commence in April 2012, with an initial intake of 210 students. The School will have a unified governance structure, with the school’s Executive Board as the statutory body overseeing and supporting both the campuses. The ISB will maintain consistency, a common set of standards and processes, and above all, an unwavering culture of excellence across both campuses.

About the ISB

Indian School of Business is a premier management institution established in 2001. In a short span of nine years, the ISB has successfully pioneered several new trends in management education in India and has established itself as a leading B school across the world. The ISB has a strong pool of research oriented resident faculty and invites high calibre international faculty from reputed B schools to teach in its Post Graduate Programme in Management/ Executive Education Programmes as well as to participate in collaborative research with the resident faculty. ISB was ranked 12 in Global B School Rankings 2010 by Financial Times- London.

For further information, please contact:
Sriram Gopalakrishnan
Director – Marketing and Communications
Indian School of Business
Tel.: 939 456 8030
E-mail: Sriram_gopalakrishnan@isb.edu
www.isb.edu

Ajit Rangnekar, Dean ISB

Stephen W. Bosworth, Dean,
The Fletcher School

Shri Kapil Sibal, Honourable Union Minister of
Human Resource Development

( L to R ): Ajit Rangnekar, Dean ISB, Shri Kapil Sibal, Honourable Union Minister of Human Resource Development, Rakesh Bharti Mittal - Vice Chairman & MD, Bharti Enterprises and Stephen W. Bosworth, Dean, The Fletcher School

( L to R ): Savita Mahajan, Chief Executive, Mohali Campus and Deputy Dean - ISB, Ajit Rangnekar, Dean – ISB, Sunil Kant Munjal, Managing Director – Hero Corporate Services Ltd., Shri Kapil Sibal, Honourable Union Minister of Human Resource Development, Rakesh Bharti Mittal - Vice Chairman & MD, Bharti Enterprises and Stephen W. Bosworth, Dean, The Fletcher School

GOVERNOR VISITS THE ISB- News, GOVERNOR VISITS THE ISB- Indian School of Business (ISB)

Tue, 12 Apr 2011 10:24:34 GMT

His eyes twinkled with approval, a gentle smile played on his face as he turned each time towards the students to emphasise a point. C Rangarajan, Governor of Andhra Pradesh was here on the ISB Campus on Friday to deliver a talk on Globalisation and its impact.Escorted by Dean Prof Vijay Mahajan, the Governor dressed in a formal suit, seemed relaxed and eager to meet students and the staff of ISB who had assembled in AC III lecture hall to listen to his talk.
What is globalisation? Is it purely an economic concept? What are the benefits of globalisation? Where does India stand in the race for globalisation? These were some of the issues that the former Governor of Reserve Bank of India sought to address.

Reading out his paper published in the January-March ICRA Bulletin this year, on the same subject, he said studies point out that trade and capital markets are no more globalised today than they were at the end of the 19th century. What is striking in the current episode is not only the rapid pace but also the enormous impact on market integration, efficiency and industrial organisation, he said.

Elucidating on the concerns and fears on the impact of globalisation, he remarked that a globalised economy with increased specialisation could lead to improved productivity and faster growth.

About India's stand in the global race, he said while recognising the fact that the Indian economy in the last decade became more open, it is also necessary to note that the Indian economy is much less open than many other countries.

Though the risks of an open economy were well known, we must not, nevertheless, miss the opportunities that the global system could offer, he said. This is where, the future generation holds the key, and it's the students like the ones in ISB who could speed up the process of change, stressed the Governor.

MALLIKA SRINIVASAN JOINS ISB AS EXECUTIVE BOARD MEMBER- News, MALLIKA SRINIVASAN JOINS ISB AS EXECUTIVE BOARD MEMBER- Indian School of Business (ISB)

Tue, 12 Apr 2011 10:32:00 GMT

Hyderabad, January 20, 2003:The Indian School of Business (ISB) has announced today a further addition to its Executive Board with the appointment of Mallika Srinivasan as its member. Ms Srinivasan is the Director of Tractors and Farm Equipment Limited (TAFE) in Chennai. Her appointment is a significant step in enhancing the strategic strength of the Board.

“I am delighted to welcome Mallika Srinivasan to ISB,” said Vijay Mahajan, the Dean of ISB. “Her appointment will further augment the resources available to the Board. She brings in considerable experience and capacity at a time when the institution is increasingly gaining prominence as a globally top-ranked business school.”

Ms Srinivasan is an MBA from The Wharton School of Business, University of Pennsylvania, and holds memberships in the Board of Trade, Government of India, Ministry of Commerce, and Directorate General of Foreign Trade, New Delhi, among others.

Speaking about her new position on the ISB Board, Ms Srinivasan said:
“The Indian School of Business has risen to prominence through dedication to academic excellence, a lively spirit of innovation, a commitment to prepare and groom future generations of business leaders to take their place in the new world order. I am looking forward to join the School’s endeavor in fulfilling its mission."

Ms Srinivasan joins the ISB’s Executive Board, which is chaired by Rajat Gupta, Managing Director of Mc Kinsey & Company and comprises of several illustrious corporate leaders in India.

About ISB
The Indian School of Business is a research-oriented independent management in Hyderabad. Its unique association with the Kellogg School of Management, The Wharton School and London Business School make it one of its kinds in Asia. The School’s One-year Post Graduate Programme in Management, offers global curriculum with emerging market focus taught by very high-quality faculty. The School’s Governing Board comprises of business leaders and academicians from all over the world. The ISB classrooms are equipped with state-of-the-art audio-visual and video-conferencing facilities and the entire campus is enabled for broadband connectivity to the Internet and the ISB intranet.

For further information, please contact:
Bhuvana Ramalingam,
Director – Communications
Indian School of Business
ISB Campus, Gachibowli, Hyderabad 500 019, India
Tel + 91 40 3187431
Fax + 91 40 3007012
For further information visit: www.isb.edu

RAGHURAM RAJAN IS CAF ACADEMIC FELLOW AT THE ISB- News, RAGHURAM RAJAN IS CAF ACADEMIC FELLOW AT THE ISB - Indian School of Business (ISB)

Tue, 12 Apr 2011 10:44:32 GMT

To work with the ISB on a policy project of national interest

Hyderabad, May 15, 2007: Professor Raghuram Rajan is the CAF Academic Fellow 2007 at the Centre for Analytical Finance (CAF) at the Indian School of Business (ISB). Every year the ISB invites a finance researcher of the highest scholarly standing as the Academic Fellow for the year at the CAF.

Professor Raghuram Rajan has been associated with the ISB since its inception. He was the ‘Area Leader’ for two key areas of ISB’s Post Graduate Programme in Management, namely Finance and Economics & Public Policy. He was also keenly involved in the ISB’s Executive Education Programmes and led one on Financial Strategies for Creating Values. He was the force behind the creation of the CAF. Researchers at the CAF are currently working with him on a policy project of national importance. As the CAF Academic Fellow, he will be involved in the Research Conference to be held at the ISB in August 2007.

Welcoming him, Professor Rammohan Rao, Dean, ISB said, “I am proud that Professor Raghuram Rajan has consented to be the Academic Fellow at CAF, ISB. He has been instrumental in setting up the Centre for Analytical Finance (CAF) at the ISB. As one of the leading research and consulting experts on global financial issues, we believe that his involvement will further strengthen the research focus at the ISB. ”

"I look forward to being at the ISB and participating in the vibrant intellectual environment that is emerging there.” expressed Professor Raghuram Rajan

Professor Rajan is currently Eric J. Gleacher Distinguished Service Professor of Finance at the Graduate School of Business, University of Chicago. Until recently, he was the Economic Counselor and Director of Research, International Monetary Fund, the first finance researcher and the youngest person ever to hold this very influential research position. Among numerous honors and distinctions, he received the inaugural Fischer Black Prize awarded biannually by the American Finance Association for outstanding contributions to finance by a scholar under 40.

The CAF at the ISB has previously invited Professor Franklin Allen, Nippon Life Professor of Finance, The Wharton School in 2005 and Professor Richard Roll, Japan Alumni Chair in Finance at UCLA Anderson in 2006 as Academic Fellows. Both of them have been Presidents of the American Finance Association, besides sharing many other professional distinctions and honors.

Professor Sankar De, Executive Director, CAF said, “I am delighted that Raghu is returning to CAF for a renewed association. In a span of just three years, the CAF has come to be recognised internationally for research on emerging markets. In the process we have been fortunate to have been associated with a number of leading financial researchers. Raghu’s return will make this trend more powerful.”

The CAF is dedicated to research in all areas of finance, including financial markets, instruments, institutions, and regulations. The Centre is supported by the Goldman Sachs Foundation and its Board comprises several eminent scholars from Berkeley, Chicago, Cornell, Kellogg, NYU, UCLA, Wharton and other institutions of global standing. CAF has also established research partnerships with major international and Indian think tanks leading to collaborative research and joint conferences.

About the ISB

The Indian School of Business is a research-oriented independent management institution that grooms future leaders for India and the world. Its association with the Kellogg School of Management, The Wharton School, and London Business School make it one of its kind in Asia. The School offers a one-year Post Graduate Programme; short-duration, high-powered Executive Education programmes for CEOs and senior executives; and a two-year Research Fellowship Programme. The origins and distinctive research of our faculty members ensure that our programme content is contemporary and global in its perspective, and develops our students’ understanding of modern management opportunities and challenges.

Contact:
Ms. Bhuvana Ramalingam
Director – Communications
Indian School of Business
Tel.: 91 40 2 318 7431
e-mail: bhuvana_r@isb.edu www.isb.edu

ISB PROFESSOR WINS PRESTIGIOUS FINANCE AWARD- News, ISB PROFESSOR WINS PRESTIGIOUS FINANCE AWARD- Indian School of Business (ISB)

Tue, 12 Apr 2011 10:55:02 GMT

Hyderabad , January 28, 2003: Professor Raghuram G. Rajan, Professor of Finance at the Indian School of Business (ISB), Hyderabad and Joseph L Gidwitz Professor of Finance at the University of Chicago, Graduate School of Business, has been awarded the prestigious Fischer Black Prize by the American Finance Association (AMA). The Fischer Black prize is a biannual prize modeled along the lines of the Fields medal in mathematics and the Clark medal in economics, and recognizes outstanding contributions to the field of finance by a person under 40. It was set up in honor of Fischer Black, who was a co-inventor of the Nobel prize winning Black Scholes Merton options-pricing model.

In announcing the award, Professor George Constantinides, the Chairman of the Prize Selection committee said that Raghuram Rajan had stood out among the list of candidates and the selection committee had been unanimous in its choice. He continued, "Broadly speaking, Rajan's work examines the role of institutions in finance and their effect on economic growth. Specifically, he has made path-breaking contributions to our knowledge of financial institutions, the workings of the modern corporation, and the causes and consequences of the development of the financial sector across countries."

“We are very proud of Professor Rajan’s achievements,” said Dean Vijay Mahajan of ISB. “It is indeed an honour to have such a bright, young leading Finance academic to teach and interact with our students.”

"I feel deeply honoured to receive this award and I look forward to the day when the bright young students at ISB will honour their School with their outstanding achievements," said Prof Rajan.

Scholars like Prof Rajan are shining examples of the kind of faculty teaching at ISB. Prof Rajan brings in considerable international experience in professional management practices at a time when the institution is increasingly gaining prominence as a business school with global perspectives. He is the ‘Area Leader’ for two key courses of ISB’s one-year Post Graduate Programme in Managament, namely Finance and Economics & Public Policy. He has also been keenly involved in the ISB’s Executive Education Programmes and has led one on Financial Strategies for Creating Values recently.

Prof Rajan’s earlier achievements include a promotion directly from assistant professor to tenured full professor just three years of joining the extremely competitive University of Chicago's Graduate School of Business, and an unprecedented five prizes for best papers at the Journal of Finance, Prof Rajan has also held an exceptional range of positions. He was the Director, Research Programme in Corporate Research at the National Bureau of Economic Research and has also been on the Advisory Board of the Economic Policy Review of the Federal Reserve Bank of New York to name just a few of the responsibilities he has undertaken.

" I am excited to be a part of the ISB’s efforts in developing a research culture in management education in India,” said Prof Rajan who is currently setting up the Centre for Excellence in Analytical Finance at the ISB. Research is a vital component of the ISB’s programmes. The ISB is setting up six Centres of Excellence in key areas: Technology, Entrepreneurship, Leadership and Change Management, Managing in Emerging Markets, Strategic Marketing and Analytical Finance. The first of these, the Wadhwani Centre for Entrepreneurial Development (WCED), has already been set up. Prof Rajan is currently involved in setting up the second Centre on Analytical Finance, which will take shape in the next few months.

ABOUT THE ISB
The Indian School of Business is a research-oriented independent management institution that grooms future generations of business leaders. Its association with the Kellogg School of Management, The Wharton School and London Business School make it one of its kind in Asia.
The School offers a Post Graduate Programme in Management and short-duration, high-powered Executive Education programmes for CEOs and senior executives.
The School's faculty are leading teachers and researchers recognised for their scholarship, innovation, relevance and the international impact of their work.
The ISB’s Governing Board comprises of business leaders and academicians from all over the world. This corporate-academia association ensures that the ISB’s programme content remains consistently relevant, international in perspective and delivered at world-class standards.
The School provides state of the art infrastructure and facilities like broadband communications network to ensure instant global connectivity. Lecture theatres have multimedia facilities, including video-conferencing. The students are provided with laptop computers and interact by computer or video-link with faculty, business leaders, and students anywhere in the world during the course, projects, and research studies.

Contact:
Ms. Bhuvana Ramalingam
Director – Communications
Indian School of Business
Tel. : 91 40 2 300 7000
email : bhuvana_r@isb.edu

www isb.edu

169 STUDENTS GRADUATE FROM THE INDIAN SCHOOL OF BUSINESS- NEW SUMANTRA GHOSHAL AWARD INSTITUTED- News, 169 STUDENTS GRADUATE FROM THE INDIAN SCHOOL OF BUSINESS- NEW SUMANTRA GHOSHAL AWARD INSTITUTED- Indian School of Business (ISB)

Tue, 12 Apr 2011 10:58:18 GMT

Hyderabad, -- April 12, 2003: The Indian School of Business held its second Graduation Ceremony with traditional academic regalia, at its campus on April 12, 2003. Kumaramangalam Birla, the Chairman of Aditya Birla group was the Chief Guest and presented the graduation certificates to the 169 students of the Class of 2003. Members of the School's Executive Board, the ISB faculty and management, and families of the students were present on the occasion.

“I am delighted to observe the progress made by the Indian School of Business,” said Mr Kumaramangalam Birla. “The ISB is shaping a generation of leaders who can make a difference to the world of business across the world. I am particularly glad to note that leadership is an important aspect of ISB’s curriculum. In the age of the new economy, leaders with out-of-the-box thinking, perseverance and passion will be the ones to make it. I am sure ISB students will display active courage and set new business trends.”

On a slightly different note, Rajat Gupta, Chairman of the School’s Executive Board, in his address, urged the Class of 2003 to not worry about their careers. “Young managers today seem very anxious to attain top positions quickly and often ask me how to manage their careers. From my experience, the answer lies in doing the right thing and helping others do better – if you do that, new opportunities open up and others will help you achieve your goals,” said Rajat Gupta, who will retire in June after having worked with McKinsey and Company for 30 years, the last 9 as Managing Director worldwide.

The School presented the ISB's Scholar of Excellence awards to two students with the highest grades - Aarthi Ramesh and Aditya Singh. 17 students whose grades were in the top 10% of the class were included in the “Dean’s list”. A total of twelve students were awarded the ISB Scholarship which included a 50% fee waiver. Of these three were given to women students.

This year, the ISB instituted the Sumantra Ghoshal Award for Corporate Strategy, Leadership and Change Management. The award has been endowed by management guru Sumantra Ghoshal and will be an annual feature from this year onwards. It will be presented to the student who excels in two courses - Corporate Strategy and Management of Organisations. This year Manav Futnani won the award.

ISB’s Rolling Placement Process, spread over several months will be concluded by end April 2003. “Despite the continuing economic downturn, and uncertainty in global markets, we have attracted high-quality recruiters including global names like HSBC, Novartis, Astra Zeneca, Ispat International and i-Gate technologies,” said Dean Vijay Mahajan. “142 companies have participated in ISB’s recruitment process so far, making 213 offers; 12 of these offers are for overseas positions. Almost all of the students have been placed, with fewer than 10 students still in the placement process.”

The new Class of 2004 will begin classes in May 2003. This year ISB has admitted more than 200 high calibre students. Over time, the number of students will be scaled up to over 500 making ISB the largest management institution in India.

Having successfully graduated and placed two classes of students, ISB is well on its way to achieving its goal of being a world class, research-oriented management institution. ISB is born of a visionary association between eminent business leaders, entrepreneurs and academicians from around the world. The School has formal affiliations with three of the world’s leading business schools – the Kellogg School of Management, The Wharton School and London Business School. The School offers a one-year Post Graduate Programme in Management and short-duration, high-powered courses for corporate executives.

Contact:
Ms. Bhuvana Ramalingam
Director – Communications
Indian School of Business
Tel. : 91 40 2 300 7000
email : bhuvana_r@isb.edu

www isb.edu

ISB INAUGURATES A 400 SEATER AUDITORIUM ON ITS CAMPUS- News, ISB INAUGURATES A 400 SEATER AUDITORIUM ON ITS CAMPUS- Indian School of Business (ISB)

Tue, 12 Apr 2011 10:58:56 GMT

Hyderabad, April 11, 2003: The Indian School of Business (ISB) has inaugurated a new 400-seat auditorium on its campus. The Auditorium is an endowment from the Khemka family of the SUN group of Companies. The auditorium will be called the Rameshwarlal Khemka Auditorium, honouring the memory of Shri Rameshwarlal Khemka. His Excellency, Surjit Singh Barnala, the Governor of Andhra Pradesh, inaugurated the auditorium at the ISB on April 11, 2003.

The sons of Shri Rameshwarlal Khemka -- Satyanarayan, Basudeo Prasad, Badri Prasad, Chandi Prasad and Nand Prasad, bequeathed the endowment to ISB for the auditorium. The fully air-conditioned, light oak-paneled auditorium boasts of modern acoustics systems. The Khemka Auditorium will host a variety of events -- cultural, educational and professional – thus creating a lively meeting point for the ISB community.

“We deeply appreciate the Khemka family's generous gesture for making the Rameshwarlal Khemka Auditorium a reality for the ISB community,” said Dean Vijay Mahajan. “The Khemka Auditorium will be a place where students, faculty, people from the industry and society will converge to debate, share and bond with one another. It will play an important role in providing a multifaceted learning experience to our students. I look forward to hosting several educational and cultural events here,” he said.
“We are proud to be associated with the Indian School of Business,” said Nand Khemka of the SUN Group of companies. “ISB shines as an example of how Indians can work in unison to create excellence and competitive advantage to allow our country to compete on a global scale. At the same time, we strongly support the powerful international focus of the school and believe that students and companies from around the world will benefit from the calibre of its educational standards and research.

We know this auditorium will add to the school’s vision of generating business leaders who are deeply committed to excellence, ethics and a spirit of service,” he added.

On the day of the inauguration, two special events were hosted in the Khemka Auditorium - the “Professor of the Year Award” ceremony and a music concert by eminent artist Pandit Vishwa Mohan Bhatt on his unique instrument – the Mohan Veena.

Of the 45 professors that taught Management courses in the year 2002-2003, two professors have been chosen for the “Professor of the Year Awards”. A student panel selects the best professors annually for exceptional delivery of course content. Professor Mark Finn from the Kellogg School of Management teaching the course on Financial Accounting and Decision Making and Professor N R Prabhala from the University of Maryland, teaching a course on Capital Raising Strategies in Corporations were selected for the awards.

The Khemka Auditorium also hosted its maiden cultural event – a concert by Pandit Vishwa Mohan Bhatt. An outstanding instrumentalist, who plays Hindustani classical music, Panditji plays on an instrument of his own design, called the Mohan Veena, which evolved from the slide guitar. He is particularly known for his brilliant rendition of the ‘Tantrakari Ang’ and for incorporating the ‘Gayaki Ang’ on the Mohan Veena. He has won a Grammy in 1994 with Ry Cooder for their album – ‘A meeting by the River’.

The ISB is a privately funded institution and depends on grants and endowments to augment resources for the School. The institution has been attracting grants and endowments from patrons who share its vision of establishing an institution of excellence in management education. The School follows the endowment and service model of raising funds followed by global B schools such as Wharton, Kellogg and others. Ever since its inception, ISB patrons have rallied both in action and spirit to provide support for several key initiatives. Mr Uday Khemka of the Sun Group of companies, a member of the Governing Board of ISB, has been one of ISB’s strong supporters.

The Indian School of Business, a research-oriented independent management institution, is born of a visionary association between eminent business leaders, entrepreneurs and academicians from around the world. The School has formal affiliations with three of the world’s leading business schools – the Kellogg School of Management, The Wharton School and London Business School. The School offers a one-year Post Graduate Programme in Management and short-duration, high-powered courses for corporate executives.

Contact:
Ms. Bhuvana Ramalingam
Director – Communications
Indian School of Business
Tel. : 91 40 2 318 7431
email : bhuvana_r@isb.edu

www isb.edu

INDIAN SCHOOL OF BUSINESS (ISB) STUDENTS WIN AWARDS AT THE ASIA MINI MOOT COMPETITION 2003- News, INDIAN SCHOOL OF BUSINESS (ISB) STUDENTS WIN AWARDS AT THE ASIA MINI MOOT COMPETITION 2003- Indian School of Business (ISB)

Tue, 12 Apr 2011 11:00:14 GMT

Hyderabad, May 23, 2003: A three-member student team from the Indian School of Business (ISB) consisting of Raphael Hegeler, Kapil Jain and Chakrapani Tummalapalli has won two awards at the Sixth Annual Asia Moot Competition, organised by the Pacific Asian Consortium for International Business Education and Research (PACIBER) at the University of Hawaii. The awards were: the ‘Asia Mini Moot Corp Competition Award’ and the ‘Outstanding Presentation Award’.

The ISB was the only B-School from India to participate in the competition in which 11 business schools from the Asia Pacific region took part.

The Asia Moot Corp is a prestigious Intercollegiate Business Plan competition for Post Graduate Programme in Management students. The competition requires students to write and present business plans with an objective to raise venture capital for new enterprises. Some of the criteria for evaluating the prize-winning business plans were: clarity and persuasiveness of the written plan, viability of the proposed venture, prospective financial return, quality of the idea and strength of the management team.

“The ISB team’s success establishes beyond doubt that we have been able to nurture an entrepreneurial culture. Our students have indeed done us proud,” said Professor R Sukumar, Associate Dean for Academic Programmes.

Students from Sasin Graduate Institute of Business Administration of Chulalongkorn University (Thailand), Fudan University (China), National Chengchi University (Taiwan), National Sun Yat-Sen University (Taiwan), also won awards in the competition.

The Wadhwani Centre for Entrepreneurial Development (WCED), one of the six Centres of Excellence at the ISB, has been making significant contributions to teaching and fostering entrepreneurial skills in students.

The ISB offers a one-year Post Graduate Programme in Management course. It is an intensive course and includes 640 teaching hours, similar to other Management programmes. Past work experience and GMAT scores are primary criteria for admissions into the programme. ISB students get the opportunity to study with internationally acclaimed professors from top business schools across the world.

Contact:
Ms. Bhuvana Ramalingam
Director – Communications
Indian School of Business
Tel.: 91 40 2 318 7431
email: bhuvana_r@isb.edu

www isb.edu

THE INDIAN SCHOOL OF BUSINESS ( ISB ) AND THE WHARTON SCHOOL COLLABORATE FOR GLOBAL CONSULTING PROJECTS FOR THEIR STUDENTS- News, THE INDIAN SCHOOL OF BUSINESS ( ISB ) AND THE WHARTON SCHOOL COLLABORATE FOR GLOBAL CONSULTING PROJECTS FOR THEIR STUDENTS- Indian School of Business (ISB)

Tue, 12 Apr 2011 11:03:21 GMT

MUMBAI – March 10, 2003: The Indian School of Business ( ISB ) in Hyderabad has teamed up with one of its partner schools, the Wharton School, University of Pennsylvania, for doing joint student consultation projects for companies in India and abroad. The consultation projects will be conducted in tandem with the ‘Global Consulting Practicum’ ( GCP ) established 25 years ago at Wharton. The “ISB – Wharton Global Consulting Practicum” is one more example of ISB’s pioneering efforts to establish global practices in management education in India.

“The GCP is an innovative way of building in real life, hands on experience into the MBA curriculum for our students,” said Professor R. Sukumar, Associate Dean for Academic Programs, ISB. “The GCP is a powerful opportunity for students to see businesses from a CEO’s perspective, and deal with the reality of unexpected business issues. “

“The ISB – Wharton GCP is designed to educate students in the problems of international business, and at the same time develop their consulting skills,” said Professor Leonard Lodish, co founder and leader of the GCP in Wharton. “Students integrate the voice of the market and provide creative out-of-the-box thinking for clients. They integrate the marketing mix with market-based positioning and segmentation and provide a realistic implementation plan for next steps,” he added.

Professor Leonard Lodish leads the “ISB Wharton GCP” in India along with Professor Sukumar and Professor P S Srinivas of ISB.

The GCP team offers consultation to companies who desire to enter or improve their standing in the North American market. Global teams, comprising of MBA students from ISB and Wharton work with senior executives of the client firms under the guidance of faculty from both schools. Students apply the concepts, tools, and paradigms they learn in their classes to develop (1) a strategic plan that is grounded in market research and (2) a detailed implementation plan (including financial and operational plans) for their clients.

The ISB – Wharton partnership provides unique and compelling value to its students, corporate participants, and faculty. Wharton is committed to its relationship with ISB and emphasizes India as a vital market in which to elevate GCP’s presence and impact around the globe.

The “ ISB Wharton GCP” has consulted for Mahindra & Mahindra, Max India and Satyam Computers so far. The programme will grow to include more companies as well as students in the years to come.

The ISB offers a one year Post Graduate Programme in Management course. It is an intensive course and includes 640 teaching hours, similar to other Management programmes. Past work experience and a high GMAT score are mandatory for admissions into the programme. ISB students get the opportunity to study with internationally acclaimed professors from top business schools across the world and develop practically applicable skills through various projects such as the “ISB Wharton GCP”.

Contact:
Bhuvana Ramalingam
Director – Communications
Indian School of Business
Ph : 91 40 2318 7431
Email : bhuvana_r@isb.edu

Visit us at www.isb.edu

'ROLLING PLACEMENTS' AT THE INDIAN SCHOOL OF BUSINESS (ISB) GOING AHEAD FULL STEAM.70% PLACEMENT ACHIEVED MIDWAY THROUGH THE PROCESS- News, 'ROLLING PLACEMENTS' AT THE INDIAN SCHOOL OF BUSINESS (ISB) GOING AHEAD FULL STEAM.70% PLACEMENT ACHIEVED MIDWAY THROUGH THE PROCESS- Indian School of Business (ISB)

Tue, 12 Apr 2011 12:06:16 GMT

Hyderabad, March 6, 2003: The unique Rolling Placement Process at the Indian School of Business (ISB) is going ahead full steam since January 2003. 110 students have received 150 job offers so far, achieving 70% completion midway through the Process. The Rolling Placement Process continues and will be finally completed by mid April.

The ISB’s Class of 2003 has a strength of 169 students. Of these, 155 students are participating in the Placement process while the remaining 14 will be joining business houses that they initially came from.

“We are proud of our achievements in our first year of operations,” said Professor Vijay Mahajan, Dean, Indian School of Business. “We successfully introduced the concept of ‘lateral hiring’ to Indian companies and achieved excellent placement results for the Founding Class of 2002. This year is quite challenging as well and I am confident that we will offer the best to our students and the companies that recruit at ISB.”

The ISB’s Rolling Placement Process is designed to augment lateral hiring into companies. Placement activities are spread over several months, from January through April, during which time companies visit the campus and meet with students. The placement activities are divided into two ‘Cycles’: Cycle 1 through January and mid February and Cycle 2 from mid February to the time of graduation in April. Recruiting companies are not ranked and have the liberty to choose a time frame appropriate to their internal requirements.

More than 60 companies have visited the ISB campus in Cycle 1 including many of the highly respected Indian companies. Companies that have made job offers are:
Astra Zeneca, BCG, Citibank, Coca Cola, Cognizant Technology Solutions, GECIS, Godrej Industries, Hindustan Lever, HSBC, ICICI Bank, I - Gate, Infosys, ITC, McKinsey and Co, Microsoft, Novartis, Reliance Industries, Satyam Computer Systems, TCS, and several others.

Cycle 2 is now in progress. Some of the companies that will be visiting ISB in Cycle 2 are: CGE&Y, Cadbury India, Deloitte Consulting, Deutsche Bank, General Motors, Goldman Sachs, Patni Computer Systems, Wockhardt, and many others.

The Rolling Placement Process is ‘recruiter friendly’ and helps companies to make well-considered decisions in selecting middle level and senior managers. Students from ISB offer an excellent combination of world class management education and past work experience. By allowing recruiting companies to sample and select executives from the graduating class over several months, ISB has made it possible for both students and recruiting companies to interact with each other and identify the appropriate ‘match’ that suits individual career aspirations and the company’s competency expectations.

The ISB offers a one year Post Graduate Programme in Management. Admissions into the course follow stringent global standards. A high GMAT score and a minimum of 2 years work experience is mandatory for admission. The ISB, in association with The Kellogg School of Management, The Wharton School and the London Business School,
offers a global curriculum with contemporary relevance and an emerging market focus. The ISB aspires to be a leading Business School in Asia and one among the top 20 Business schools in the world. The ISB will provide thought leadership in management education through cutting edge Research in five focus areas, Leadership and Change Management, Technology, Strategic Marketing and Analytical Finance

Contact:
Ms Bhuvana Ramalingam
Director – Communications
Indian School of Business
Tel.: 91 40 2318 7431
email: bhuvana_r@isb.edu

www.isb.edu

FAMOUS ARTIST LAXMA GOUD PAINTS AT THE INDIAN SCHOOL OF BUSINESS- News, FAMOUS ARTIST LAXMA GOUD PAINTS AT THE INDIAN SCHOOL OF BUSINESS- Indian School of Business (ISB)

Tue, 12 Apr 2011 12:08:10 GMT

Hyderabad, February 24 , 2003: K Laxma Goud, the famous artist, is spending some time working at the Indian School of Business (ISB). He is currently on the campus as a part of the recently initiated “Artists-in-Residence” programme. This programme is another example of ISB bringing global educational practices to India.

“The programme is a part of our ongoing endeavour to enrich the ISB experience further,” said Dean Vijay Mahajan. “The experience of interacting with an artist can be rejuvenating. It throws new light on innovation and opens up a whole new alternative thought process, “he added.

The “Artists-in-Residence” programme is a unique effort made by a business school. The Indian School of Business is committed to thought leadership and will continue to bring such innovative programmes to its students. As a part of this programme, a reputed artist will be invited to live on the ISB campus as a guest from time to time. The artist will interact with the students, faculty and the ISB community while pursuing his/her creative activities.

“You discover that when an artist expresses himself, he gives form to unstructured thought. He finds an elegant solution to issues in his mind within the limitations of his medium. A business leader is expected to do the same. He has to constantly evolve new strategies and solutions within the framework of a given situation. Just like an artist, a leader crosses that thin line from the world of wish into the world of will. That is the power of an original idea,” said Dean Vijay Mahajan.

The first artist guest to be invited in the series is the well-known painter K Laxma Goud. Laxma Goud displays his versatility over a range of mediums, from etching, gouache and pastels, glass paintings to designing murals in terracotta and other indigenous materials. The power of his lines in black and white or in colour have been remarked upon consistently by art critics. The “Artists-in-Residence” programme will feature a number of such illustrious names from the world of art.

Speaking about his experience, Laxma Goud said, “It’s a wonderful feeling to be here. What I really liked about this place is its peaceful atmosphere. Though it is a business school, art has found its place here. The very imposing size and space of this new found School complex, the people and the rest of the environment is challenging to me in contrast to my miniaturist format.”

ABOUT THE ISB
The Indian School of Business is a research-oriented independent management institution that grooms future generations of business leaders. Its association with the Kellogg School of Management, The Wharton School and London Business School make it one of its kind in Asia. The School offers a one year Post Graduate Programme in Management and short-duration, high-powered Executive Education programmes for CEOs and senior executives. The School's faculty are leading teachers and researchers recognised for their scholarship, innovation, relevance and the international impact of their work.

Contact:
Ms. Bhuvana Ramalingam
Director – Communications
Indian School of Business
Tel.: 91 40 2 318 7431
email: bhuvana_r@isb.edu

www isb.edu

INDIAN SCHOOL OF BUSINESS ( ISB ) TO HOLD A SPECIAL FACULTY WORKSHOP ON ENTREPRENEURSHIP TEACHING- News, INDIAN SCHOOL OF BUSINESS ( ISB ) TO HOLD A SPECIAL FACULTY WORKSHOP ON ENTREPRENEURSHIP TEACHING- Indian School of Business (ISB)

Tue, 12 Apr 2011 12:09:48 GMT

Hyderabad, February 21, 2003: The Indian School of Business (ISB) is organising a unique workshop on ‘Entrepreneurship Teaching and Mentoring’ for faculty from leading academic institutions in the country. The workshop is an important initiative of the Wadhawani Centre for Entrepreneurship Development (WCED), and is the first-of-its-kind organised by a B-school. The workshop will be held over three days, from Feb 24 – 26, 2003 and will be attended by specially invited faculty from leading Business schools such as IIM, technical schools such as IIT, REC and others from across the country.

‘We want to create a network that will be the driving force behind an entrepreneurship education movement in India,” said Professor Ramachandran, Chairman, WCED, Indian School of Business.” At the workshop we will bring together teachers, mentors and practitioners of entrepreneurship to synthesize the knowledge available with us.”

The WCED is the first of six Centres of Excellence being set up by the ISB. WCED works towards creating entrepreneurs from among the student community at ISB. It also promotes entrepreneurship through a wide spectrum of activities – Research, Mentoring, Teaching, Training, Enterprise – Partnering, and the Academic Institutions Movement for Entrepreneurship (AIM-e) The workshop, an inter-institutional forum for entrepreneurial activities, is being organised as part of the activities of AIM-e.

“ISB is committed to promoting thought leadership in management education. The workshop provides an excellent forum for understanding the issues faced by emerging markets and for shaping Entrepreneurship education in India to meet global standards,” said Prof Vijay Mahajan, Dean, ISB.

Professor S Venkataraman, Samuel L. Slover Research Professor of Business Administration at Darden, University of Virginia, USA, will be leading the workshop along with Prof Ramachandran. Prof Venkataraman is one of the highly accomplished professors in the area of Entrepreneurship in USA. As the Area Leader for Entrepreneurship studies at ISB, he designs the curriculum for Entrepreneurship studies and selects the faculty for teaching at ISB. During the workshop Prof Venkataraman and Prof Ramachandran will develop a strong network among Indian institutions to foster enterprise creation, create a sharable pool of Indian case studies, share the lessons of entrepreneurship teaching in USA and strengthen the entrepreneurship curriculum.

NSTEDB, Department of Science and Technology, GoI, is supporting the workshop.

ABOUT THE ISB
The Indian School of Business is a research-oriented independent management institution that grooms future generations of business leaders. Its association with the Kellogg School of Management, The Wharton School and London Business School make it one of its kind in Asia. The School offers a one year Post Graduate Programme in Management and short-duration, high-powered Executive Education programmes for CEOs and senior executives. The School's faculty are leading teachers and researchers recognised for their scholarship, innovation, relevance and the international impact of their work.

Contact:
Ms. Bhuvana Ramalingam
Director – Communications
Indian School of Business
Tel.: 91 40 2 318 7431
email: bhuvana_r@isb.edu

www isb.edu

PROFESSOR VIJAY MAHAJAN TAKES OVER AS DEAN OF THE ISB- News, PROFESSOR VIJAY MAHAJAN TAKES OVER AS DEAN OF THE ISB- Indian School of Business (ISB)

Tue, 12 Apr 2011 12:11:12 GMT

Hyderabad, June 25, 2002

The Indian School of Business today announced the appointment of its new Dean. Professor Vijay Mahajan from the University of Texas at Austin will take over as the Dean from Dr Pramath Sinha.
"Pramath Founding Dean has led the school through its first critical years of development. We are delighted with the progress that the School has made under his leadership," said Rajat Gupta.

Dr Sinha has been involved with the ISB right from its inception in 1996 and guided it first as CEO through the project development phase and then as the Founding Dean in its year of launch.

"As the ISB readies itself for the next phase of development, it will benefit from the leadership of an eminent academic who will drive a strong academic and research agenda and attract high quality permanent faculty. We always planned to have an academic at the helm once the School has been set up, the academic programmes were launched, and the infrastructure was in place. I am delighted that Vijay Mahajan has agreed to take up this very challenging role,'' Rajat Gupta added.

"The ISB's excellent performance in its first year is a testimony of its strong foundations - it has a world-renowned Governing Board, excellent academic collaboration and access to high-quality faculty, and a strong management team. It is an honour for me to take up the role of its new Dean, and work toward taking this institution to even greater heights over the next few years," said Professor Vijay Mahajan.

Professor Vijay Mahajan holds the John P Harbin Centennial Chair in Business at the McCombs School of Business, the University of Texas at Austin. He is highly regarded in the field of marketing and has won several research and teaching awards in his career. Prior to joining UT Austin, he has served as a permanent faculty at the Wharton School of Business at the University of Pennsylvania. He received his BTech at the Indian Institute of Technology at Kanpur and his MS in Chemical Engineering and PhD in Management from the University of Texas at Austin. While at the ISB, Professor Mahajan will concurrently continue to hold his chaired position at the University of Texas at Austin.

"This has been both a challenging and a deeply satisfying year for me. I will continue to be associated with the School as I have been all these years. I look forward to working closely with Vijay and supporting him in realising our dream of building an internationally top-ranked management institution right here in India", said Pramath Sinha, Founding Dean who is a partner at McKinsey and Co. and will continue to support the ISB as a member of its Executive Board.

CREATIVITY BEYOND THOUGHT LEADERSHIP- News, CREATIVITY BEYOND THOUGHT LEADERSHIP- Indian School of Business (ISB)

Tue, 12 Apr 2011 12:12:43 GMT

Hyderabad, September 11, 2003: True to its objective of providing a complete management education that goes beyond the academic, the ISB is hosting a two-day event - ‘Business and Arts – Creativity Beyond Thought Leadership’.

The programme provides students with an exposure to the arts in an attempt to stimulate their aesthetic sensibilities, and open up alternative thought processes. Prominent artistes such as painters Krishen Khanna, Jittish Kallat, danseuse Dr. Sobha Naidu; and Baiju Parthan; and photographer Mahindra Sinh will participate in the programme. Also contributing is noted art collector Harsh Goenka. The event has been generously sponsored by GAIL (India) Limited.

Speaking at the inauguration of the programme, Professor Vijay Mahajan, Dean of the ISB, said, “Incisive business leadership begins with the ability to think creatively, finding solutions within the limitations of existing frameworks. By balancing academic subjects with an understanding of the arts and culture, we are encouraging our students to imagine, observe, analyse, create – characteristics any good business leader should have.”

During the two-day event, artists will present and explain their work to students. Students will get the chance to explore the mind of an artist, and understand his/ her art - through photographs, paintings, or dance - thereby gaining an appreciation of the power of creative thought.

About the ISB

The Indian School of Business is a research-oriented independent management institution that grooms future leaders for India and the world. Its association with the Kellogg School of Management, The Wharton School, and London Business School make it one of its kind in Asia. The School offers a one-year Post Graduate Programme in Management and short-duration, high-powered Executive

Education programmes for CEOs and senior executives; and a two-year Research Fellowship Programme. The School's faculty have distinguished themselves as researchers, policy makers, consultants, authors, and entrepreneurs, and represent a highly valued asset to the School.

Contact:
Ms. Bhuvana Ramalingam
Director – Communications
Indian School of Business
Tel.: 91 40 2 318 7431
email: bhuvana_r@isb.edu

www isb.edu

THE INDIAN SCHOOL OF BUSINESS ANNOUNCES ADMISSIONS FOR THE CLASS OF 2005- News, THE INDIAN SCHOOL OF BUSINESS ANNOUNCES ADMISSIONS FOR THE CLASS OF 2005- Indian School of Business (ISB)

Tue, 12 Apr 2011 12:13:58 GMT

Hyderabad, September 11, 2003: The Indian School of Business today announced that admissions are open for the next batch of the Post Graduate Programme in Management. The Class of 2005 will commence on April 17, 2004.

The ISB has two application deadlines – December 31, 2003, and February 16, 2004. Students can apply for either deadline. Interested students can download the application form from the ISB website (www.isb.edu) or request an application kit to be mailed to them. To be eligible to apply to the Programme, students must possess a Bachelor’s degree in any discipline, GMAT scores, and preferably two years post-qualification work experience.

Making the announcement, Professor Vijay Mahajan, Dean of the ISB, said, “The ISB is growing at a rapid pace. In keeping with the School’s plans for expansion over the next few years, we are increasing the number of students for the fourth batch of the Post Graduate Programme in Management to 280, up from 220 in 2003.”

In selecting its students, the ISB looks for people from diverse economic, social, ethnic, and geographic backgrounds, with a record of achievement, and demonstrated leadership.

More information on the Programme and the application process will be available at the information sessions that the ISB hosts through out India. The first information session is being held in Jaipur on September 13, 2003. The Admissions team will also be visiting Trivandrum, Coimbatore, Pune, Mumbai, Baroda, Kolkata, Delhi, Chennai, Bangalore, and Cochin (for registration information, log on to www.isb.edu).

About the ISB

The Indian School of Business is a research-oriented independent management institution that grooms future leaders for India and the world. Its association with the Kellogg School of Management, The Wharton School, and London Business School make it one of its kind in Asia. The School offers a one-year Post Graduate Programme in Management and short-duration, high-powered Executive Education programmes for CEOs and senior executives; and a two-year Research Fellowship Programme. The School's faculty have distinguished themselves as researchers, policy makers, consultants, authors, and entrepreneurs, and represent a highly valued asset to the School.

Contact:
Ms. Bhuvana Ramalingam
Director – Communications
Indian School of Business
Tel.: 91 40 2 318 7431
email: bhuvana_r@isb.edu

www isb.edu

Michael Dell joins ISB Governing Board- News, Michael Dell joins ISB Governing Board- Indian School of Business (ISB)

Tue, 12 Apr 2011 12:15:17 GMT

Hyderabad, July 17, 2003: Michael Dell, the Chairman and CEO of Dell, has joined the Governing Board of the Indian School of Business (ISB).
Talking about the appointment of Mr. Dell, Vijay Mahajan, the Dean of the ISB said, “We are proud that Michael has made the decision to be associated with us. His experiences and expertise will be an invaluable asset to the School as we forge ahead in our vision of being the best B-school in Asia, and among the best in the world.”

Over the past 19 years and under Mr. Dell’s leadership, Dell has grown from a small start-up to the world’s #1 seller of computer systems. With a global team of 40,000, Dell has become the world’s leading authority on direct selling and supply chain management. Mr. Dell has been honoured many times for his visionary leadership, including being named the fourth most respected world leader by the Financial Times in 2003, and the best CEO in the IT hardware industry by Institutional Investor magazine. In 2001, he was named chief executive of the year by Chief Executive magazine. He is the author of the best-selling book, ‘Direct From Dell: Strategies That Revolutionized an Industry’, which describes his story of the rise of the company and the strategies he has refined that apply to all businesses. Mr. Dell is an IT governor of the World Economic Forum, serves on the executive committee of the World Business Council and is a member of the U.S. Business Council. He is chairman of the Computer Systems Policy Project and serves on the U.S. President's Council of Advisors on Science and Technology.

Speaking about his appointment to the ISB Board, Mr. Dell said, “The vision of the Indian School of Business is exciting. I am very happy to be associated with a world-class management institution that is in the business of creating tomorrow’s industry leaders.”

Mr. Dell joins ISB’s Governing Board, which is chaired by Rajat Gupta, Managing Director of McKinsey & Company and comprises of several illustrious business leaders from the international corporate arena.

For further information please contact:
Ms. Bhuvana Ramalingam
Director – Communications
Indian School of Business
Tel: 91 40 2 318 7431
email: bhuvana_r@isb.edu www isb.edu

Charity Concert at the ISB- News, Charity Concert at the ISB- Indian School of Business (ISB)

Tue, 12 Apr 2011 12:16:26 GMT

Hyderabad, February 16, 2004: Music lovers converged at the Indian School of Business to listen to Amaan and Ayaan Ali Bangash at a sold-out charity concert hosted by the ISB on Saturday, February 14.

Talking about the Concert, Amaan Ali Bangash said, “Playing at the ISB today means a lot to us. We share the vision of ISB students and are proud to be part of this concert – of being able to contribute to children in our community. This is a wonderful example for more of our generation to follow.”

The ISB Charity Concert is a completely student-driven event, and is organised by the ISB Responsible and the Net Impact clubs. All proceeds from the Concert are being donated to the Naandi Foundations’ Save Our Schools programme. Said Shiv Sagar Chopra, President of the Net Impact club, “We wanted to contribute in a meaningful way to society. As future business leaders, all of us are very committed to building our communities.”
Amaan and Ayaan are the youngest members of India's oldest Sarod playing family - their father is Sarod Maestro Amjad Ali Khan. Representing the seventh generation of the Senia Bangash musical lineage, the brothers are master musicians in their own right. They have accompanied their father at many music festivals in India and abroad, and have given solo performances at Palais Beaux-Arts in Brussels, Chicago Symphony Center, Carnegie Hall, and the Edinburgh Music Festival among others.
Siddharth Mohan, President of the ISB Responsible club, called this “a remarkable gesture of generosity and support by Amaan and Ayaan. We are very thankful for their presence here today.”

Amaan and Ayaan were accompanied by noted tabla player, Tanmoy Bose. Trained under the late Kanai Dutta, Tanmoy Bose combines technique, imagination, and dexterity to bring forth music that enthralls. The evening was a brilliant affirmation of the tradition and continuity of Indian classical music. Amaan and Ayaan enthralled the audience with their creative genius, and their mastery of the Sarod.
The ISB emphasises a holistic experience in the management education it provides. The Charity Concert exemplifies the ISB’s commitment to grooming business leaders who lead by example.

Contact:

Ms. Bhuvana Ramalingam
Director – Communications
Indian School of Business
Tel.: 91 40 2 318 7431
email: bhuvana_r@isb.edu

www.isb.edu

Azim Premji's Visit to the Indian School of Business- News, Azim Premji's Visit to the Indian School of Business- Indian School of Business (ISB)

Tue, 12 Apr 2011 12:18:54 GMT

Hyderabad, February 13, 2004: Chairman of Wipro Technologies, Mr Azim H Premji addressed the ISB Community on Friday, discussing the current trends in globalisation.

Mr Premji was given a standing ovation on arrival by the students and staff, and began his speech with a candid comment on the ISB, “Wipro’s experience in recruiting people from your School has been very successful, and we will continue to hire from the ISB.” He added, “I am not here to sell Wipro, but Wipro is a great company!”

Talking about offshore outsourcing which he called “an irreversible global trend”, Mr Premji broadly analysed the positive implications for the western world, as well as developing economies. Referring to the initiative by several IT and Consulting majors to set up offices in India, he said it “legitimises the global outsourcing model successfully pioneered by Indian IT companies.”

In a stimulating speech, Mr Premji spoke of the challenges before India, its software and ITES industries, and all professionals. Responding to a question on how entrepreneurs are created, he said, “By taking risks. You have to have a strong mission and vision. You have to be willing to make sacrifices – you have to put your neck on the block.”

Interactions such as these are part of what sets the ISB apart. The ISB philosophy is to provide global management learning, with a difference. The focus is on providing students with a holistic learning experience. The theoretical concepts and frameworks taught in the classroom are supplemented with different perspectives from the real world. Mr Premji was at the ISB as part of the School’s Speaker Series, which invites successful industry practitioners to talk to students to enrich their learning experience.

Contact:
Ms. Bhuvana Ramalingam
Director – Communications
Indian School of Business
Tel.: 91 40 2 318 7431
email: bhuvana_r@isb.edu
www isb.edu

Vinod Khosla's visit to the Indian School of Business- News, Vinod Khosla's visit to the Indian School of Business- Indian School of Business (ISB)

Tue, 12 Apr 2011 12:22:28 GMT

Hyderabad, February 20, 2004: Vinod Khosla, General Partner of Kleiner Perkins Caufield & Byers, addressed students at the ISB today in an interactive session that covered various subjects. Comparing investments in India and China, he said, “I find the Chinese edge over India in attracting global investments mysterious and frustrating. As India gets better known, the perception of risk will decrease - it should be India now.”

A legend himself, Mr Khosla called the ISB “a role model for what others can be.” He told the students, “This is an impressive facility. During my visits to B Schools in the US, I have not seen anything that matches this – it is truly world class.” Commenting on the creation of the ISB, and the transformation of Hyderabad in recent years, he said, “Most people are limited by what they think they can achieve, not what they can do. To do anything extraordinary, you have to set big goals – Andhra Pradesh is demonstrating this.”

Responding to a question from a student on the ‘reverse brain drain’, Mr Khosla said, “I think heterogeneity in a workforce is important. Homogenous countries are insular, too protected. For a new industry to succeed, you need to take the best of ideas, of people, and mix it to make a successful venture.”

On the subject of Outsourcing, he said, “Outsourcing will continue despite election-year political rhetoric. Change is never smooth – it is inevitable and persistent. Outsourcing is an economic decision that makes organisations more competitive. But we should be sensitive to the pain it causes US employees.”

Talking about the challenges of new ventures, the former Founding CEO of Sun Microsystems told students, “No Business Plan succeeds as per the plan – you discover the right answer accidentally. It is important in a culture, to encourage risk-taking. Reward risks or you eliminate experimentation.”

Sharing what success means to him, he said, ““Success can be measured in many ways – to be happy, measure yours in a personal way.” He urged students to “Stay religiously committed, be internally driven. I am not discouraging you from being ambitious, for shooting for the moon. But be happy – sometimes, making an impact is more rewarding.”

Mr Khosla’s talk at the ISB follows close on the heels of a visit by new economy baron, Azim Premji last week. Interactions such as these are part of what sets the ISB apart. The ISB philosophy is to provide global management learning, with a difference. Learning from industry legends is just one of the ways students add to the theoretical concepts and frameworks taught in the classroom. The ISB’s Speaker Series invites successful industry practitioners to talk to students to enrich their learning experience.

Contact:
Ms Bhuvana Ramalingam
Director – Communications
Indian School of Business
Tel.: 91 40 2 318 7431
email: bhuvana_r@isb.edu
www isb.edu

THE ISB MOURNS THE PASSING OF SUMANTRA GHOSHAL- News, THE ISB MOURNS THE PASSING OF SUMANTRA GHOSHAL- Indian School of Business (ISB)

Tue, 12 Apr 2011 12:23:24 GMT

Hyderabad, March 4, 2004: The Indian School of Business expresses its deepest shock and profound sadness at the untimely demise of Professor Sumantra Ghoshal on March 3, 2004. Professor Ghoshal died in London on Wednesday morning, 10 days after suffering a stroke.

Professor Ghoshal shared a special bond with the ISB, having been closely involved in the setting up of the School. The ISB remembers him as an exceptional individual, with boundless energy and passion for transforming the world of business and corporations, believing that ultimately, “business is a force for good”.

Said Ajit Rangnekar, Deputy Dean, ISB, “Sumantra was a much loved and respected member of the ISB Community – his loss will be felt for a long time to come. The ISB was always close to his heart, and he continued to be actively involved with the School. The Sumantra Ghoshal Award for Excellence in Strategy and Leadership & Change Management he instituted last year will immortalise his memory at the ISB. We will miss in him a leader and a friend.”

Recollecting Professor Ghoshal’s longstanding association with the ISB, Dr Pramath Sinha, Founding Dean, ISB, and Principal, McKinsey & Company, said, “The DNA of the ISB has been shaped by Sumantra’s thinking. He wanted the ISB to be distinctive, to be an outstanding institution that would stand out for the values it embodied. The ISB would not be what it is today had it not been for him. “

On behalf of the ISB Community he said, “We at the ISB, have not only lost one of our Founding Fathers, but have also lost a great champion of the School. I personally feel the irreplaceable loss of a good friend.”

Professor Ghoshal taught a course on Leadership and Change Management at the ISB, besides teaching on the School’s Executive Education programmes. He was the Robert P Bauman Professor of Strategic Leadership at the London School of Business, and was recently appointed a Fellow of the Advanced Institute of Management Research.

Professor Ghoshal was a visionary thinker about strategic, organisational and managerial issues confronting global companies, and about the impact of organisations on society. He was a charismatic and inspiring speaker, awing his audience with his razor-sharp intellect. Says Mithun Ghosh, a student of ISB’s Founding Class, and now Senior Manager, Standard Chartered Bank, “It was always dynamite being in the classroom with Professor Ghoshal – the power of his thought was tangible and infectious.”

Professor Ghoshal had published 10 books, over 70 articles and several award-winning case studies. His book, Managing Across Borders: The Transnational Solution, has been listed in the Financial Times as one of the 50 most influential management books.

Contact:

Ms. Bhuvana Ramalingam
Director – Communications
Indian School of Business
Tel.: 91 40 2 318 7431
email: bhuvana_r@isb.edu

www isb.edu

Remembering late Professor Sumantra Ghoshal

MAKING INDIA PROUD - ISB STUDENTS ON A WINNING SPREE AT INTERNATIONAL COMPETITIONS- News, MAKING INDIA PROUD - ISB STUDENTS ON A WINNING SPREE AT INTERNATIONAL COMPETITIONS- Indian School of Business (ISB)

Tue, 12 Apr 2011 12:24:31 GMT

Hyderabad, March 9, 2004: Subbramani Ramachandrappa and Kaushal Khakkar have been making India, and the ISB, proud, sweeping B School competitions across the world with their innovative B Plan.

The team has formulated an inventive plan to manufacture artificial flowers using hydroscopic paper. The venture called Nature’s Own Company, uses proprietary technology to make paper hygroscopic (diffusion of moisture in the paper). This treated paper is used to create artificial flowers and flower arrangements that have the look and feel of natural flowers for the global market. This is a revolutionary technology, and is under patent consideration.

The unique B Plan has been winning international recognition. Subbu and Kaushal won 2nd place at the Thunder Bird Business Plan Competition (USA) - the ISB was the only Indian B School to make it to the finals. They also won Most Promising Product award at the Indiana University B Plan Competition, and 1st place in the Venture Capital round at the University of Nebraska B Plan Competition. Subbu and Kaushal will be participating in the Asia Moot Business Plan Competition, besides visiting various international B Schools such as Carnegie Mellon and London Business School to present their prize-winning business plan.

Talking about his inventive plan, Subbramani Ramachandrappa (Subbu) says, “This opportunity would not have come without the ISB. “ He credits the ISB faculty with giving him the confidence to think big. He says, “Our faculty push you to think global. They gave me the confidence that my idea, and my product, is globally viable.”

The ISB’s management programme grooms more than just business graduates - it grooms entrepreneurs. Competitions such as the ISB’s Business Plan Competition, helps students crystalise their learnings, and develop a viable, marketable B Plan. The competition facilitates interaction with Venture Capitalists, besides affording networking opportunities. Through the ISB, Subbu Rich has teamed up with fellow student Kaushal Khakkar to launch Nature’s Own Company.

Talking about the collaboration, Kaushal says, “Our tie-up is a perfect synergy – of Subbu’s business development skills and entrepreneurial drive, complemented by my finance skills and entrepreneurial experience. Our biggest take-away from the ISB is the avenues it has opened up.” Kaushal Khakkar’s family business is the largest Indian exporter of fruits and vegetables to Europe.

The venture has use across a range of industries such as floriculture, horticulture, and fruit preservation. The economic venture will also have a social impact – the labour-intensive venture will create social employment opportunities for women by tying up with NGO's and women self-help groups. Subbu and Kaushal hope to create 600 jobs in the next three years.

The ISB has been leading the way in the study of entrepreneurship in India. Says Professor K Ramachandran, Director of the ISB’s Wadhwani Centre of Entreprenuerial Development, and Professor of Entreprenueurship, “ The ISB is the first B school in India to offer an elective course in Entrepreneurship as part of our Post Graduate Programme in Management.” A large number of students who come to the ISB are keen on an entreprenuerial career. Adds Professor Ramachandran, “We give them the framework, the opportunities, and help them channel their drive and spirit into creating entrepreneurial success.”

Contact:

Ms. Bhuvana Ramalingam
Director – Communications
Indian School of Business
Tel.: 91 40 2 318 7431
email: bhuvana_r@isb.edu

www isb.edu

ISB ANNOUNCES PROFESSOR M RAMMOHAN RAO AS NEW DEAN FROM JULY 2004- News, ISB ANNOUNCES PROFESSOR M RAMMOHAN RAO AS NEW DEAN FROM JULY 2004- Indian School of Business (ISB)

Tue, 12 Apr 2011 12:26:26 GMT

‘Next phase of growth to focus on establishing world class research and thought leadership culture’

Hyderabad, April 18, 2004: The Indian School of Business (ISB), one of Asia’s leading B-Schools, announced the appointment of Professor M Rammohan Rao. as the new Dean from July 1, 2004. Professor Rammohan Rao takes over from Professor Vijay Mahajan who served as Dean of the ISB since 2002. Professor Mahajan held a dual responsibility over the last two years, that of being the Dean of ISB, and also as the John P Harbin Centennial Chair in Business at the McCombs School of Business, University of Texas at Austin. After completing his tenure at the ISB, Professor Mahajan returns to Austin to continue his role as the Professor of Marketing.

Making the announcement, Rajat Gupta, Chairman of the ISB, said, “Vijay Mahajan was a remarkable leader and a great Dean. He ensured that the ISB made rapid strides during his tenure, and was instrumental in shaping the School into what it is today. He has led the ISB with phenomenal energy and enthusiasm. I expect him to continue to support us in a number of ways. We will miss him greatly.”

Professor Vijay Mahajan said, “It was a privilege and an honour to have served as the Dean of the ISB. Rarely does one get the opportunity to be part of building a great institution and I have been very lucky to have been given such a wonderful privilege, Over the past two years, we faced several challenges but I also was able to overcome them with the tremendous support of the Board, the faculty, the students and the staff of the ISB. I am extremely pleased to see that the ISB has established itself as an excellent institution for management education in this country. I will always be associated with the ISB in a number of ways and will watch it grow from strength to strength. I wish Professor Rao the very best. He is an excellent academician and will lead the ISB to become a great B- school that India will be proud of.”

Speaking about the appointment of Professor Rao as the new Dean, Rajat Gupta said, “Dean Rao will lead the ISB through its next phase of growth and will help establish a strong research culture at the ISB. His outstanding track record in management research and his international experience will help the ISB achieve its aspiration to be a world- class B- school and a management thought leader in India. The Executive Board of the ISB and I are extremely happy to have Professor Rao join us.”

Talking about his new role, Professor Rammohan Rao said, “It is an honour to be chosen to lead the ISB as its Dean. It is also a great responsibility. The ISB established its leadership in India in a very short period of time. I hope to build on all its strengths and help it make a mark for itself internationally. The calibre of a top- class B-School is judged by its academic excellence and the quality of research it produces. During its next phase of growth, I will focus on creating a world class research culture at the ISB.”

Welcoming Professor Rao, Dipak Jain, Dean of the Kellogg School of Management, one of the associate Schools of ISB, said, “On behalf of Kellogg, I am delighted to welcome Professor Rammohan Rao to the ISB as its new Dean. I feel confident that under his leadership, the ISB will march forward in becoming a leader in management research, and will begin to be counted among the top B-Schools globally.”

Professor Jagmohan Raju, Joseph J Aresty Professor of Marketing, The Wharton School, and Area Leader of Marketing at the ISB, said, “The ISB is at a significant juncture of its growth. Professor Rao’s strong credentials will help build ISB further as a B school par excellence. I am certain that his academic reputation will attract good quality research programmes to the ISB.”

Professor Rao has a PhD in Industrial Administration from Carnegie Mellon University (CMU), and dual Masters’ degrees from CMU and Cornell University. He was a tenured Professor of Operations Research at the Stern School of Business, New York University, and also taught at the University of Rochester and the University of Tennessee before joining IIM Bangalore. He has served as the Dean and the Director of IIM Bangalore.

Professor Rao is renowned for his research in the field of Operations Research. He has published over 85 articles in various renowned professional journals, and has undertaken consultancy assignments for several companies. He currently serves on the boards of several companies and educational institutions.

Professor Rao is the recipient of the Fulkerson Prize sponsored by the Mathematical Programming Society and the American Mathematical Society. He also won the Institute of Marketing and Management Award for Excellence as Top Management Educator.

The ISB recently announced its successful placements for the Class of 2004. It is increasing the number of students again this year from 220 to about 290. The new Class of 2005 commenced its one-year Post-Graduate Programme in Management on April 17, 2004.

Contact:
Ms. Bhuvana Ramalingam
Director – Communications
Indian School of Business
Tel.: 91 40 2 318 7431
email: bhuvana_r@isb.edu

www isb.edu

The Indian School of Business hosts High Powered Panel Discussion- News, The Indian School of Business hosts High Powered Panel Discussion- Indian School of Business (ISB)

Tue, 12 Apr 2011 12:29:40 GMT

Hyderabad, May 28, 2003: The Indian School of Business today hosted a Panel Discussion on "Excellence in Execution - How to get things done?" The panel comprised 4 eminent business leaders Alex von Behr, President & CEO – Coca-Cola India; Scott Bayman, President & CEO -GE India; S Ramakrishnan, MD - Tata Tele Services; and Suresh Prabhu, Member of Parliament. Dr. Pramath Raj Sinha, Principal, McKinsey & Company, and Founding Dean of the ISB led the discussion.

In what was a lively discussion, the main issue debated was the creation of a high-performance ethic. A question that is particularly pertinent in the Indian context given the bias of opinion that while Indians may have excellent ideas they do not always deliver when it comes to implementing these ideas. This is especially relevant in today's complex environment where most organisations operate in multiple locations/ geographies, deal with large numbers of people, and have to deal with tough infrastructure and logistics issues.

Talking about the successful execution of business plans and goals, Alex von Behr, President & CEO, Coca-Cola India, said that ‘the best way to achieve this is to clearly set expectations and make it fun to execute them. The key is to get everyone aligned to the same thing. It is also the biggest challenge organisations face. People need to be motivated through maintaining variety in the roles performed, maintaining a competitive edge between teams, and above all, having a clear understanding of objectives. Workers tend to perform terrifically when the objectives are aspirational.’

In agreeing with Alex, Scott Bayman, President & CEO, GE India added that it was essential that there was a ‘continual review of what is reality. Managers should be prepared to take difficult decisions that no one wants to make to keep performance orientation at an optimum level. There is a need to break down structural hierarchy and move to a system of meritocracy. The key is to maintain a regular rhythm, conduct regular reviews, and continually measure performance.’

Providing perspective on the challenge in dealing with bureaucratic mindsets, Suresh Prabhu pointed out that a government organisation ‘does not afford the opportunity to pick an ‘ideal team’. The real challenge in successful execution is clearly defining the processes that will lead to change – identifying the right objective and finding a common goal. Especially relevant to the public sector is to have the ability to change. It is also essential to have performance reviews as you would in a private organisation.’

Emphasizing the need for a follow-through once goals had been set, S Ramakrishnan talked about the importance of thorough planning and having alternatives. ‘The focus in the early phase of a business should be on defining objectives clearly. It is imperative that there is always a Plan B so that while the road map may change, the end-objectives are always met. It is essential that expectations are set at realistic and achievable levels.’

The panel agreed that performance was driven by the same factors in any organisation or location. The key to ensuring high performance orientation is to examine how company objectives translate to each individual, and to develop a realistic performance matrix. As Scott Bayman summed it up, ‘what gets measured gets done; what gets reviewed gets executed well.’

Participation from the local business community and corporate sector was also invited.

The panel discussion was presented as part of the ISB’s Executive Education Programme, the ISB-Wharton Global Advanced Management Programme 2003 – Leading the Family Enterprise (LFE). ‘The programme is a collaborative effort between the Indian School of Business and its associate school, the Wharton School of the University of Pennsylvania. The programme gives family enterprises and their representative a unique opportunity to learn together in two of the world’s most invigorating environments: India and the United States of America. This programme addresses topics and issues useful for families in business anywhere in the world,’ said Professor Vijay Mahajan, Dean, ISB.

About the ISB

The Indian School of Business is a research-oriented independent management institution that grooms future generations of business leaders. Its association with the Kellogg School of Management, The Wharton School and London Business School make it one of its kind in Asia. The School offers a one year Post Graduate Programme in Management and short-duration, high-powered Executive Education programmes for CEOs and senior executives; and a two-year Research Fellowship Programme. The School's faculty are leading teachers and researchers recognised for their scholarship, innovation, relevance and the international impact of their work.

Contact:
Ms. Bhuvana Ramalingam
Director – Communications
Indian School of Business
Tel.: 91 40 2 318 7431
email: bhuvana_r@isb.edu

www isb.edu

Ambassador Blackwill visits ISB- News, Ambassador Blackwill visits ISB- Indian School of Business (ISB)

Tue, 12 Apr 2011 12:31:03 GMT

Hyderabad, June 18, 2003: The US Ambassador to India Robert D. Blackwill visited the Indian School of Business today during his visit to Hyderabad. He was accompanied by Robert Blake, Deputy Chief of Mission; Lauren Lovelace, Political Affairs; and Richard Heynes, Consul General .

The Ambassador was escorted by Dean Vijay Mahajan on his tour of the Campus. The Ambassador, a former academic himself, showed a keen interest in learning about the School. After a brief Campus tour, he met some of the faculty and students of the ISB.

Contact:
Ms. Bhuvana Ramalingam
Director – Communications
Indian School of Business
Tel.: 91 40 2 318 7431
email: bhuvana_r@isb.edu

www isb.edu

THE INDIAN SCHOOL OF BUSINESS ENTERS NEXT PHASE OF GROWTH- News, THE INDIAN SCHOOL OF BUSINESS ENTERS NEXT PHASE OF GROWTH- Indian School of Business (ISB)

Tue, 12 Apr 2011 12:33:01 GMT

Hyderabad, September 19, 2003: The ISB has entered its next phase of growth, and is all set to become the leading School of management education in the sub-continent. The School started with its first batch of students in 2001, and is growing at a rapid pace.

Discussing the School¡¦s expansion strategy, Professor Vijay Mahajan, Dean of the ISB, said, ¡§Our focus is now on aggressive growth as the ISB enters its next phase of development. We aspire to be the best business school in Asia, and among the top 20 business schools in the world. We are now forging ahead with new plans for expansion.¡¨

The plans include:
„X Rapid and quantum growth for the Centre for Executive Education (CEE): the number of programmes have been increased by 300% in 2003, with a further 100% increase in 2004-05.
„X 100% increase in student intake: the one-year Post Graduate Programme in Management will increase the number of students steadily over the next few years. In 2005, the School will take in 280 students, increasing to 420 students in 2006, with an eventual target of 560 students.
„X Fresh infusion of funds by the School¡¦s Executive Board of Directors: the Board will support the ISB¡¦s accelerated expansion with a contribution of Rs. 30 crores.
„X Revised fee structure being introduced: in 2004-05, the fee for the Post Graduate Programme in Management will be revised by 33%.
„X New Merit Scholarships introduced: from 2004, 1 in every 3 students in the Post Graduate Programme in Management will receive a Merit Scholarship, many of which will be awarded at the time of admission.
„X Two more Centres of Excellence in Analytical Finance and Strategic Marketing: the Centres will be established to drive research and development in these areas.
„X Post Doctoral Research Fellowship Programme launched: the Programme will focus on generating research on issues facing emerging markets, and developing faculty for the ISB.

The ISB¡¦s vision is to be an internationally top-ranked, research-driven, independent management institution that grooms future leaders for India and the world. The ISB¡¦s management education programmes include a Post Graduate Programme in Management, Executive Education programmes, and the newly launched Post Doctoral Research Fellowship programme. The focus is on extending the services offered in these areas, while producing a body of research that concentrates on emerging economies.

Professor Vijay Mahajan, Dean of the ISB, added, ¡§Our plans for growth are designed to catapult the ISB to the forefront of management education. We want to be the drivers of innovative business practices, and establish ourselves as an institution known for the business leaders it grooms, and the research it generates.¡¨

About the ISB

The Indian School of Business is a research-oriented independent management institution that grooms future leaders for India and the world. Its association with the Kellogg School of Management, The Wharton School, and London Business School make it one of its kind in Asia. The School offers a one-year Post Graduate Programme in Management and short-duration, high-powered Executive Education programmes for CEOs and senior executives; and a two-year Research Fellowship Programme. The School's faculty have distinguished themselves as researchers, policy makers, consultants, authors, and entrepreneurs, and represent a highly valued asset to the School.

Contact:
Ms. Bhuvana Ramalingam
Director ¡V Communications
Indian School of Business
Tel.: 91 40 2 318 7431
email: bhuvana_r@isb.edu

www isb.edu

JAMES MURDOCH JOINS ISB GOVERNING BOARD- News, JAMES MURDOCH JOINS ISB GOVERNING BOARD- Indian School of Business (ISB)

Tue, 12 Apr 2011 12:34:16 GMT

Hyderabad, September 26, 2003: James Murdoch, the Chairman and CEO of STAR Group Limited, has joined the Governing Board of the Indian School of Business

Speaking about the appointment of Mr. Murdoch to the ISB Board, Mr. Rajat Gupta, Chairman of the ISB Governing Board said, “James is an astute businessman whose entrepreneurial spirit and expertise has created success for STAR in a very tough industry. I am excited that James will now be a part of the Indian School of Business, bringing with him the same spirit in helping us groom a new generation of leaders who can influence management trends and make a difference to the business world globally.”

Welcoming the appointment of Mr. Murdoch, Vijay Mahajan, the Dean of the ISB said, “We are delighted that James has made the decision to be part of the ISB. His innovative and keen leadership will prove to be an invaluable support as we move towards realising our vision of being among the best global B schools.”

James Murdoch has been Chairman and Chief Executive Officer of STAR since May 2000. Mr. Murdoch is Executive Vice President of News Corporation and a member of News Corporation's Board of Directors and Executive Committee. Mr. Murdoch serves on the boards of News Corporation subsidiaries British Sky Broadcasting Group (BSkyB) and News Digital Systems (NDS), as well as the boards of the YankeeNets and the Board of Trustees of the Harvard Lampoon. Mr. Murdoch attended Harvard University.

Mr. Murdoch joins ISB’s Governing Board, which is chaired by Rajat Gupta, Director of Mc Kinsey & Company and comprises of several illustrious business leaders from the international corporate arena.

About the ISB

The Indian School of Business is a research-oriented independent management institution that grooms future leaders for India and the world. Its association with the Kellogg School of Management, The Wharton School, and London Business School make it one of its kind in Asia. The School offers a one-year Post Graduate Programme in Management and short-duration, high-powered Executive Education programmes for CEOs and senior executives; and a two-year Research Fellowship Programme. The School's faculty have distinguished themselves as researchers, policy makers, consultants, authors, and entrepreneurs, and represent a highly valued asset to the School.

Contact:

Ms. Bhuvana Ramalingam

Director – Communications

Indian School of Business

Tel.: 91 40 2 318 7431

email: bhuvana_r@isb.edu
www isb.edu

M F Hussain visits the ISB- News, M F Hussain visits the ISB- Indian School of Business (ISB)

Tue, 12 Apr 2011 12:39:27 GMT

Hyderabad, November 19, 2003: Continuing to provide management education with a difference, the Indian School of Business hosted renowned painter M F Hussain on Tuesday, November 18, 2003. Rajat Gupta, Chairman of the ISB, escorted Mr Hussain around the ISB campus and introduced him to the students, faculty and staff of the ISB.

M F Hussain enthralled the ISB Community, displaying some of his famous flamboyance, creating a Hussain original for ISB with a few deft strokes of his paintbrush. In what was a highly interactive session, M F Hussain talked about his life and his art. He was delighted with his conversation with the students. “I would like to visit the ISB again to show you my film and discuss it – the film is a more complete medium,” he said.

Talking about the event, Rajat Gupta, Senior Partner, McKinsey and Company, and Chairman of the ISB Governing Board said, “To have such a Master of his art as M F Hussain in our midst was truly an honour. Our students were delighted with the opportunity to see the master work his magic firsthand.”

Rajat Gupta is creating business school history himself as the first Professor of Management Practice at the ISB, teaching a course on Leadership and Transformation. The faculty position has been designed to bring the experiences and learnings of eminent management practitioners to ISB students.

The ISB learning model promotes holistic learning, and encourages learning to continue outside the classroom setting. By fostering interaction with the arts, the ISB is preparing its students to be pro-active, positive individuals who recognise the power of creative thought. Our endeavour is to groom not just business graduates but business leaders with the ability to think creatively, evolving new strategies and solutions within the framework of a given situation.

…………2

About the ISB

The Indian School of Business is a research-oriented, independent, management institution that grooms future leaders for India and the world. Its association with the Kellogg School of Management, The Wharton School, and London Business School make it one of its kind in Asia. The School offers a one-year Post Graduate Programme in Management and short-duration, high-powered Executive Education programmes for CEOs and senior executives; and a two-year Research Fellowship Programme. The School's faculty have distinguished themselves as researchers, policy makers, consultants, authors, and entrepreneurs, and represent a highly valued asset to the School.

Contact:
Ms. Bhuvana Ramalingam
Director – Communications
Indian School of Business
Tel.: 91 40 2 318 7431
email: bhuvana_r@isb.edu

www isb.edu

The ISB Class of 2004 launches 'Leadership Summit'- News, The ISB Class of 2004 launches 'Leadership Summit'- Indian School of Business (ISB)

Tue, 12 Apr 2011 12:40:35 GMT

Hyderabad, December 9, 2003: The Class of 2004 of the Indian School of Business is organising the ISB Leadership Summit scheduled to begin on December 12, 2004. The Summit represents a pioneering effort by the Class to bring an international concept to India, and the establishing of a proud tradition for future generations of ISBians to follow.

This annual Summit offers a unique opportunity for professionals pursuing their Post Graduate Programme in Management at the ISB to interact closely with thought leaders from the world over. It also offers a platform for key stakeholders from emerging economies to interact and engage in business discussions.

Talking about the Summit Professor Vijay Mahajan, Dean of the ISB said, “The Leadership Summit provides an opportunity for business leaders to share their thoughts and experiences with our students. Through such interactions, they are helping us shape the vision of future business leaders.”

The Summit is the first of its kind to be organised by a B School in India, where industry leaders will discuss business issues. “This is a practice in top international business schools and we are pioneering this concept in India, ” said J Krishnamurthi, President of the Graduate Student Board.

The focal point of the Summit will be high growth emerging economies. J Krishnamurthi, President of the Graduate Student Board, said, “In keeping with ISB’s research focus, the theme of the Summit this year is ‘ThinkAsia! - Thought Leadership in an Emerging Asia’. We have invited some of Asia’s top business thought leaders to share their perspectives – the discussion will be stimulating and insightful.”

The Summit has a host of international speakers such as Mr Sunil Mittal, CMD of Bharti, Dr Ken DeWoskin, associate PwC-China, Mr Sanjiv Misra of Citigroup, Singapore, Mr Udayan Bose of Lazard, UK, and others.

About the ISB

The Indian School of Business is a research-oriented independent management institution that grooms future leaders for India and the world. Its association with the Kellogg School of Management, The Wharton School, and London Business School make it one of its kind in Asia. The School offers a one-year Post Graduate Programme in Management and short-duration, high-powered Executive Education programmes for CEOs and senior executives; and a two-year Research Fellowship Programme. The origins and distinctive research of our faculty members ensure that our programme content is contemporary and global in its perspective, and develops our students’ understanding of modern management opportunities and challenges.

Contact:
Ms. Bhuvana Ramalingam
Director – Communications
Indian School of Business
Tel.: 91 40 2 318 7431
email: bhuvana_r@isb.edu

www isb.edu

ISB HOSTS TWO PRESTIGIOUS INTERNATIONAL CONFERENCES- News, ISB HOSTS TWO PRESTIGIOUS INTERNATIONAL CONFERENCES- Indian School of Business (ISB)

Tue, 12 Apr 2011 12:42:18 GMT

Hyderabad, December 10, 2003: The ISB is co-hosting two prestigious international conferences in December - the Global Corporate Governance Forum, co-sponsored by the World Bank and the Organisation for Economic Cooperation and Development (OECD), and the Financial Market Development in Emerging and Transition Economies, co-hosted with The William Davidson Institute, USA; CIFRA (Amsterdam Center for Research in International Finance) at the University of Amsterdam; and the International Review of Finance. This conference is led by some of academia’s leading names including Professor Raghuram Rajan, who teaches at the ISB, and is the Economic Counsellor and Director of Research, International Monetary Fund.

Talking about the conference, Professor Raghuram Rajan said, “The conference theme ties in well with the ISB’s research focus on emerging markets. I am looking forward to it generating some significant insights.”

The conferences feature some of the best minds from business and academia from the world over. The Global Corporate Governance Forum, scheduled for December 13 –14, 2003, brings together leading international bodies involved with governance reform, with speakers from Europe, USA, Hong Kong, Pakistan, Bangladesh, Sri Lanka, and other countries.

The Financial Market Development in Emerging and Transition Economies conference being held on December 15 –16, 2003, includes a host of eminent participants such as Nachiket Mor, Executive Director, ICICI Bank; Raghuram Rajan, Economic Counsellor and Director of Research, International Monetary Fund; Luc Laeven, Financial Economist, World Bank; Randy Kroszner, University of Chicago; Josh Coval, Harvard Business School; and Bernard Dumas, INSEAD, among others. The conference is co-sponsored by the ICICI Research Centre and the Journal of Emerging Markets Finance. The ICICI Research Centre is a non-profit research centre, dedicated to promoting research in finance and economics in emerging market economies.

Talking about the conferences, Professor Vijay Mahajan, Dean of the ISB said, “The ISB is creating synergies between India, Asia, and the global economy. These conferences provide a platform for the exchange of ideas and global perspectives on emerging economies. ”

About the ISB

The Indian School of Business is a research-oriented independent management institution that grooms future leaders for India and the world. Its association with the Kellogg School of Management, The Wharton School, and London Business School make it one of its kind in Asia. The School offers a one-year Post Graduate Programme in Management and short-duration, high-powered Executive Education programmes for CEOs and senior executives; and a two-year Research Fellowship Programme. The origins and distinctive research of our faculty members ensure that our programme content is contemporary and global in its perspective, and develops our students’ understanding of modern management opportunities and challenges.

Contact:
Ms. Bhuvana Ramalingam
Director – Communications
Indian School of Business
Tel.: 91 40 2 318 7431
email: bhuvana_r@isb.edu

www isb.edu

THINK ASIA - THINK INDIA- News, THINK ASIA - THINK INDIA- Indian School of Business (ISB)

Tue, 12 Apr 2011 14:54:25 GMT

Business Leaders Speak at the ISB Leadership Summit

Hyderabad, December 12, 2003: India is an integral part of the Asian tiger that looms large on the world economic horizon - that was the consensus at the ‘ThinkAsia! - Thought Leadership in an Emerging Asia’ Summit which concluded today at the Indian School of Business.

Addressing the ISB Community, Sunil Mittal, Group Chairman and Managing Director, Bharti Tele-Ventures said, “A discussion of the emerging Asian economy would be incomplete without a mention of India. No other country offers such an opportunity which addresses a billion people.” His speech to students in particular was inspiring as he asked them to “Think India – link yourselves to this country and participate in its growth.”

The ISB Leadership Summit is the first of its kind to be organised by a B School in India. The various panel discussions featured international industry leaders who discussed and debated business issues relevant to high growth emerging economies with particular emphasis on Asia. The panel discussions covered four broad areas: Success Strategies for Market Leadership in Asia; Emerging Global Competitors in Asia; Building Institutions in Asia; and Development Challenges in the Asian Milieu.

The panellists included eminent speakers such as D S Brar, CEO and Managing Director, Ranbaxy Laboratories Ltd; Sunil Mittal, Group Chairman and Managing Director, Bharti Tele-Ventures; Lalita Gupte, Joint Managing Director, ICICI Bank; Dr Kenneth J DeWoskin, Partner, PricewaterhouseCoopers (China); Sanjiv Misra, Citigroup Country Officer, Singapore and Head of Global Corporate & Investment Bank, Singapore and Brunei; Ravi Narain, Managing Director, National Stock Exchange of India, and many others.

A key message at the panel discussions was the fact that India was poised for dramatic growth in the next ten years. “There is no better value-proposition than India,” said Sanjiv Misra. Endorsing this viewpoint, Sunil Mittal said “India presents an opportunity for young entrepreneurs like no other place in the world.”

A discussion of India’s role in the Asian economy was particularly relevant to the various b school students in the audience. Lalita Gupte urged tomorrow’s business leaders to “think national, think of shaping the future - not because it is important but because it is the right thing to do.”

The Summit concluded with the presentation of the ISB Icon Awards. This award acknowledges the contributions of exemplary individuals to realising the ISB vision. The two recipients this year are, Dr Anji Reddy, Founder and Chairman, Dr Reddy's Laboratories, and Ramalinga Raju, Chairman, Satyam Computer Services.

About the ISB

The Indian School of Business is a research-oriented independent management institution that grooms future leaders for India and the world. Its association with the Kellogg School of Management, The Wharton School, and London Business School make it one of its kind in Asia. The School offers a one-year Post Graduate Programme in Management and short-duration, high-powered Executive Education programmes for CEOs and senior executives; and a two-year Research Fellowship Programme. The origins and distinctive research of our faculty members ensure that our programme content is contemporary and global in its perspective, and develops our students’ understanding of modern management opportunities and challenges.

Contact:
Ms. Bhuvana Ramalingam
Director – Communications
Indian School of Business
Tel.: 91 40 2 318 7431
email: bhuvana_r@isb.edu

www isb.edu

Raman Roy, Dr Mashelkar, M V Subbaiah to Teach at the ISB- News, Raman Roy, Dr Mashelkar, M V Subbaiah to Teach at the ISB- Indian School of Business (ISB)

Tue, 12 Apr 2011 15:36:50 GMT

Hyderabad, December 23, 2003: The Indian School of Business has invited three more leading management practitioners to teach at the ISB. Dr R A Mashelkar, Director General of the Council of Scientific and Industrial Research (CSIR); Raman Roy, Chairman and Managing Director, Wipro Spectramind; and M V Subbaiah, Director, External Relations & Innovations, Murugappa Group, will teach at the ISB as Professors of Management Practice.

Keeping with the best practices followed by world-class B schools, the ISB’s recently introduced faculty position called Professor of Management Practice, invites eminent industry leaders and professionals to join the faculty of the ISB. They share their practical experiences and learnings by offering either full credit courses or “expert modules” for the Post Graduate Programme in Management, or through short term Executive Education programmes.

Dr R A Mashelkar is presently the Director General of the Council of Scientific and Industrial Research (CSIR), the largest chain of industrial research and development institutions in the world. He was previously the Director of the National Chemical Laboratory (NCL), Pune. He has been Fellow of INSA; Indian Academy of Sciences; National Academy of Engineering; Third World Academy of Sciences, Trieste, UK; and Institute of Chemical Engineering. Dr Mashelkar was awarded the Padmashri in 1991, and the Padmabhushan in 2000 in recognition of his contributions to nation building.

Mr Raman Roy is the Chairman and Managing Director of Wipro Spectramind. He is widely regarded as the pioneer and "guru" of the BPO Business out of India - also called the 'IT Enabled Services' business - and fondly referred to as "the father of the BPO Industry" in India. Mr Roy is a pioneer three times over, having successfully led the captive BPO initiatives of American Express and GE Capital out of India before starting Spectramind in 2000. The venture-funded Spectramind was acquired by Wipro in July 2002.

Mr M V Subbiah is the Director, External Relations & Innovations of the Murugappa Group. He is the Executive Chairman of EID Parry (India) Limited, and the Non-Executive Chairman of Parrys Confectionery Limited, Parry Agro Industries Limited, and Parry Nutraceuticals Limited. Mr Subbiah is on several external boards and has been a past president of AIEI (a forerunner of CII). He is the Chairman of the Family Business Council of CII. He was conferred the JRD Tata Corporate Leadership Award in February 2002.

Besides Dr Mashelkar, Mr Raman Roy, and Mr Subbaiah, other industry leaders and professionals will also be invited to join the ISB faculty in the forthcoming years. Earlier ISB professors of Management Practice include industry stalwarts such as Rajat Gupta, Senior Partner, McKinsey Worldwide, and Chairman of the ISB, who teaches a course on ‘Leadership and Change Transformation’; and Dr C Rangarajan, Chairman of the 12th Finance Commission and former Governor, Andhra Pradesh, who will teach a course on ‘Understanding Economics in a Developing Economy’ in January 2004.

About the ISB

The Indian School of Business is a research-oriented independent management institution that grooms future leaders for India and the world. Its association with the Kellogg School of Management, The Wharton School, and London Business School make it one of its kind in Asia. The School offers a one-year Post Graduate Programme in Management and short-duration, high-powered Executive Education programmes for CEOs and senior executives; and a two-year Research Fellowship Programme. The origins and distinctive research of our faculty members ensure that our programme content is contemporary and global in its perspective, and develops our students’ understanding of modern management opportunities and challenges.

Contact:
Ms. Bhuvana Ramalingam
Director – Communications
Indian School of Business
Tel.: 91 40 2 318 7431
email: bhuvana_r@isb.edu
www isb.edu

LEADERS INSPIRE AT THE ISB WOMEN'S INITIATIVE CONFERENCE- News, LEADERS INSPIRE AT THE ISB WOMEN'S INITIATIVE CONFERENCE- Indian School of Business (ISB)

Tue, 12 Apr 2011 15:37:56 GMT

Hyderabad, January 10, 2004: Distinguished leaders from international organisations joined over 150 national and international participants at the Indian School of Business for the first Executive Women’s Initiative Conference on January 9 – 10, 2004.

The ISB Women’s Initiative is an effort to provide research, education, mentoring and networking for professional women. Introducing the Conference, ISB Dean Professor Vijay Mahajan said, “The ISB Executive Women’s Initiative Conference provides a platform for today’s successful women professionals to meet, mentor, and inspire the next generation of women leaders.”

Speaking about the ISB Women’s Initiative, Mallika Srinivasan, Director, TAFE, and Member of ISB’s Executive Board said, “The ISB will play the role of a catalyst, aiding women to achieve in their professions while setting new benchmarks of excellence.”

The tone of the Conference was set by the keynote speaker, Dr Jannie Tay, Managing Director, The Hour Glass Limited, Singapore – an icon among women of substance, and a true representative of the successful, modern, corporate woman.
Talking about the success of women in business she said, “Women are more flexible, efficient, communicative, and inherently good at building relationships. Successful leaders are those who are able to shift mindsets and build on relationships, which is why every woman has the potential to be a leader.”

Adding to that perspective, Musharaf Hai, Chairperson, Unilever, Pakistan, said, “Compassion is an essential ingredient of leadership – it is about sharing one’s vulnerabilities, about giving. Women have a natural inclination to give – that is the foundation of all relationships, and the essence of team building. Ultimately, outstanding leaders deliver through an outstanding team.”

Ms Hai was speaking at one of the focused panel discussions on key issues affecting women executives. The panel discussions featured a host of renowned speakers from the corporate world such as N Vaghul, Chairman ICICI Group; Kalpana Morparia, Executive Director, ICICI Bank; Srini Raju, Chairman, iLabs; and Kamini Banga, Marketing Consultant. The results of a survey on Women and Business Education conducted by ACNielsen ORG-Marg were also presented at the Conference. Amongst its main findings, the survey found that acquiring a Post Graduate Programme in Management, especially from a reputed school, was not only among most women’s top education choices, but also regarded as a career enhancing move.

The Conference has received enormous support from the ISB Women’s Initiative Committee comprising successful women professionals such as
• Nisa Godrej, Godrej Industries Limited;
• Aparna Piramal, Executive Director, Blow Plast Ergonomics Limited;
• Suvalakshmi Chakraborty, General Manager, ICICI Bank;
• Aditi Kothari, Assistant Vice President, DSP Merrill Lynch Fund Managers Limited; and
• Shefali Munjal, Deputy Chief Executive, Herosoft.

The ISB’s various initiatives in education, research, and outreach are designed to enhance the existing body of management knowledge, with specific reference to the Asian context. The ISB Women’s Initiatives programme provides thought leadership to women in business, not just in Asia, but the world over. By showcasing success stories, the Initiative offers a platform for tomorrow’s leaders to learn from today’s achievers.

About the ISB

The Indian School of Business is a research-oriented independent management institution that grooms future leaders for India and the world. Its association with the Kellogg School of Management, The Wharton School, and London Business School make it one of its kind in Asia. The School offers a one-year Post Graduate Programme in Management and short-duration, high-powered Executive Education programmes for CEOs and senior executives; and a two-year Research Fellowship Programme. The origins and distinctive research of our faculty members ensure that our programme content is contemporary and global in its perspective, while developing our students’ understanding of modern management opportunities and challenges.

Contact:
Ms. Bhuvana Ramalingam
Director – Communications
Indian School of Business
Tel.: 91 40 2 318 7431
email: bhuvana_r@isb.edu
www isb.edu

Innovation in Learning at the ISB- News, Innovation in Learning at the ISB- Indian School of Business (ISB)

Tue, 12 Apr 2011 15:38:45 GMT

Hyderabad, January 16, 2004: Continuing to drive innovation in management education, the Indian School of Business formally launched its Digital Library. Called Management Classics Online, ISB’s Digital Library was launched by Satyam Computer Services Limited Founder and Chairman, Mr B Ramalinga Raju.

Launching the library, Mr Ramalinga Raju said, “This is a great initiative by the ISB - a fine example of the use of technology in education.”

Talking about the digital library, Dr K Mohan, Director of ISB’s Learning Resource Centre, said, “The digitalisation of resources is a first for any management school in Asia. The ISB Digital Library is an affirmation of our service credo to provide our customers ‘Anytime, Anywhere’ access to global management resources.”

The Digital Library currently has a selection of over 100 titles to choose from in various management areas. The library also offers some rare non-management titles like the 1900 edition of Sigmund Freud’s Interpretation of Dreams. The Library will add up to 50 titles each year with the aim of making it one of Asia’s most impressive digital resources over the next five years.

The e-resources and online databases currently available at the ISB LRC are among the best in the academic circle. The LRC’s collection spans nearly 15, 000 books, 360 print journals, access to 35 online databases, including over 2000 e-journals, and 700 AV resources.

About the ISB

The Indian School of Business is a research-oriented independent management institution that grooms future leaders for India and the world. Its association with the Kellogg School of Management, The Wharton School, and London Business School make it one of its kind in Asia. The School offers a one-year Post Graduate Programme in Management and short-duration, high-powered Executive Education programmes for CEOs and senior executives; and a two-year Research Fellowship Programme. The origins and distinctive research of our faculty members ensure that our programme content is contemporary and global in its perspective, while developing our students’ understanding of modern management opportunities and challenges.

Contact:

Ms. Bhuvana Ramalingam

Director – Communications

Indian School of Business

Tel.: 91 40 2 318 7431

email: bhuvana_r@isb.edu

www isb.edu

ISB HOSTS FIRST EVER INTERNATIONAL CONFERENCE ON ENTREPRENEURSHIP EDUCATION- News, ISB HOSTS FIRST EVER INTERNATIONAL CONFERENCE ON ENTREPRENEURSHIP EDUCATION- Indian School of Business (ISB)

Tue, 12 Apr 2011 15:39:44 GMT

Hyderabad, February 4, 2003: The Indian School of Business hosted the first ever, international conference on Entrepreneurship Education to be held in India. Hosted in conjunction with the Society of Entrepreneurship Educators (SEE), the conference was held from February 2 – 4, 2004.

The conference focused on entrepreneurship in management education. It provided a forum for discussion on the quality of entrepreneurship education, and served as a platform for entrepreneurship educators to create and share teaching, training, and research resources.

The conference was led by Professor Malcolm Harper, Professor Emeritus of Entrepreneurship, Cranfield, UK. Talking about the Conference he said, “Vibrant entrepreneurial activity fuels the growth of any economy. At a time when India presents an opportunity for the young entrepreneur like no other, this initiative by the ISB is both, well-timed and much-needed.”

The conference featured a host of renowned, international academicians in the field of entrepreneurial research such as Professors Phanish Puranam, London Business School; V Seenu Srinivasan, Stanford University; R Sukumar, Thunderbird, the American Graduate School of International Management; and Professors K Ramachandran, and Atanu Sinha from the ISB. Participants also linked up via videoconference with Professor Venkataraman from the Darden Business School at the University of Virginia.

The SEE is an initiative of the Wadhwani Centre for Entrepreneurial Development (WCED). The WCED is one of five Centres of Excellence being set up by the ISB with the aim of promoting research and thought leadership. Founded in February 2003, the SEE’s mission is to augment the quality of entrepreneurship education and research resources in the country, as well as support entrepreneurs through a number of activities.

About the ISB

The Indian School of Business is a research-oriented independent management institution that grooms future leaders for India and the world. Its association with the Kellogg School of Management, The Wharton School, and London Business School make it one of its kind in Asia. The School offers a one-year Post Graduate Programme in Management and short-duration, high-powered Executive Education programmes for CEOs and senior executives; and a two-year Research Fellowship Programme. The origins and distinctive research of our faculty members ensure that our programme content is contemporary and global in its perspective, and develops our students’ understanding of modern management opportunities and challenges.

Contact:
Ms. Bhuvana Ramalingam
Director – Communications
Indian School of Business
Tel.: 91 40 2 318 7431
email: bhuvana_r@isb.edu

www isb.edu

Rajat Gupta, Narayana Murthy & C Rangarajan to Teach at the ISB- News, Rajat Gupta, Narayana Murthy & C Rangarajan to Teach at the ISB- Indian School of Business (ISB)

Tue, 12 Apr 2011 15:40:45 GMT

Hyderabad, July 28, 2003: The Indian School of Business today announced that Rajat Gupta, former Managing Director-Worldwide of McKinsey & Company; N R Narayana Murthy, Chairman and Chief Mentor, Infosys Technologies Limited; and Dr C Rangarajan, Chairman of the 12th Finance Commission and former Governor, Andhra Pradesh, have been invited to teach at the ISB as Professors of Management Practice.

In keeping with the best practices followed by world-class B schools such as Harvard and Stanford, the ISB is introducing a new faculty position called ‘Visiting Professor of Management Practice’. Eminent industry leaders and professionals will be invited to join the faculty of the ISB, to share their practical experiences and learnings, by offering either full credit courses or “expert modules” for the Post Graduate Programme in Management, or through short term Executive Education programmes.

While Mr. Gupta will develop and teach modules on ‘Competitive Strategies in the Global Market’, Mr. Murthy and Dr. C Rangarajan will teach elective courses on ‘Leadership & Corporate Responsibility’ and ‘Understanding Economics in a Developing Economy’ respectively.

Making the announcement, Prof Vijay Mahajan, Dean, Indian School of Business said, “The ISB is dedicated to providing the best management education. We are constantly improving our curriculum so that we are at the cutting edge of management practice. Inviting leading management practitioners to teach current management practices is a trend followed by the best Business Schools across the world. After all, the best teachers of management practice are its real-world practitioners, and better still when the teachers are leaders of international standing and repute. “

Besides Mr. Gupta, Mr. Murthy and Dr. C Rangarajan who will teach this year, other industry leaders and professionals will also be invited to join the ISB faculty in the forthcoming years.

Rajat Gupta is Director, McKinsey & Company. He was the Managing Director-Worldwide of McKinsey & Company till recently. He joined the New York Office in 1973. In July 1981, he moved to Scandinavia, and managed McKinsey & Company's Scandinavian offices in Copenhagen, Stockholm, and Oslo from 1982 to 1986. In 1987, Rajat returned to the United States and joined the Chicago Office, assuming the role of Chicago Office Manager in 1989. He was elected Managing Director in 1994 and re-elected twice, once in 1997 and again in 2000. Mr. Gupta is Chairman of the Board of the Indian School of Business, and is associated with many other professional and business ventures.

N R Narayana Murthy is Chairman of the Board and Chief Mentor of Infosys Technologies Limited, a company he founded in 1981. He also served as Managing Director of Infosys until February 1999. Mr. Murthy has received several honours and awards, including Businessman of the Year 1999 by Business India and has been featured in Asiaweek’s Power 50, a list of Asia’s most powerful people.

Dr. C. Rangarajan is currently the Chairman of the 12th Finance Commission. He was the former Governor of Andhra Pradesh. Prior to that, he was Governor, Reserve Bank of India between December 1992 and November 1997. He was also a Member of the Planning Commission, Government of India, from August 1991 to December 1992. He held the position of Deputy Governor, Reserve Bank of India, for almost a decade from February 1982 to August 1991. He was a member of the Economic Advisory Council for the Prime Minister between 1985 and 1991. He was President of the Indian Economic Association in 1988 and President of the Indian Econometric Society in 1994.

About the ISB

The Indian School of Business is a research-oriented independent management institution that grooms future leaders for India and the world. Its association with the Kellogg School of Management, The Wharton School and London Business School make it one of its kind in Asia. The School offers a one year Post Graduate Programme in Management and short-duration, high-powered Executive Education programmes for CEOs and senior executives; and a two-year Research Fellowship Programme. The School's faculty are leading teachers and researchers recognised for their scholarship, innovation, relevance and the international impact of their work.

Contact:
Ms. Bhuvana Ramalingam
Director – Communications
Indian School of Business
Tel.: 91 40 2 318 7431
email: bhuvana_r@isb.edu www. isb.edu

Arshad Zakaria and Arun Sarin on ISB Governing Board- News, Arshad Zakaria and Arun Sarin on ISB Governing Board- Indian School of Business (ISB)

Tue, 12 Apr 2011 15:41:57 GMT

Hyderabad, December 1, 2003: The ISB announced an expansion to its impressive Governing Board with the inclusion of Arshad Zakaria, Executive Vice President & Chairman of Global Markets & Investment, Merrill Lynch and Banking and Arun Sarin, Chairman Vodafone PLC

Announcing the addition, Prof Vijay Mahajan, Dean, ISB, said, “The support of such industry stalwarts like Mr Zakaria and Mr Sarin strengthens us in our mission to provide high quality management education.

Arshad Zakaria has held a succession of senior roles at Merrill Lynch, including serving as head of corporate finance and then as senior vice president, corporate risk management, before becoming president of GMI in October 2001. He served as chief operating officer and, later, head of the Global Corporate Finance Group. Mr. Zakaria received a B.A. degree, summa cum laude, in applied mathematics from Harvard University, and received his MBA with high distinction from Harvard Business School, where he was a Baker Scholar and recipient of the Loeb-Rhoades Fellowship in Finance.

Arun Sarin was appointed CEO of Vodafone Group on July 31, 2003. Previously he was Chief Executive Officer for the United States and Asia Pacific region until April 15, 2000, when he became a non-executive director. He was a director of AirTouch from July 1995 and was President and Chief Operating Officer from February 1997 to June 1999.

Recently ISB had announced the inclusion of James Murdoch, Chairman and CEO of STAR Group, and Michael Dell, Chairman and CEO of Dell .Arshad Zakaria and Arun Sarin join them and other illustrious business leaders on the ISB’s Governing Board. The ISB Board is chaired by Rajat Gupta, Senior Partner, Mckinsey Worldwide

About the ISB

The Indian School of Business is a research-oriented independent management institution that grooms future leaders for India and the world. Its association with the Kellogg School of Management, The Wharton School, and London Business School make it one of its kind in Asia. The School offers a one-year Post Graduate Programme in Management and short-duration, high-powered Executive Education programmes for CEOs and senior executives; and a two-year Research Fellowship Programme. The School's faculty have distinguished themselves as researchers, policy makers, consultants, authors, and entrepreneurs, and represent a highly valued asset to the School.

Contact:
Ms. Bhuvana Ramalingam
Director – Communications
Indian School of Business
Tel.: 91 40 2 318 7431
email: bhuvana_r@isb.edu

www isb.edu

ISB'S ROLLING PLACEMENTS OFF TO A GREAT START- News, ISB'S ROLLING PLACEMENTS OFF TO A GREAT START- Indian School of Business (ISB)

Tue, 12 Apr 2011 15:43:08 GMT

Hyderabad, January 28, 2004: The Rolling Placements Process at the Indian School of Business started with a bang with over 60% of students in the Class of 2004 receiving offers in just the first fortnight of interviews. The ISB’s continued focus on lateral placements has meant that a large number of these offers are for lateral positions.

“The ISB successfully pioneered the concept of lateral hiring in India. Our differentiating factor is the prior industry experience that our students bring to the table,” said Ajit Rangnekar, Deputy Dean, ISB. “Going by the strong recruiter response, we are confident that this will be yet another excellent placement season for us,” he added.

Several companies have already visited the ISB in the early days of the Placement Process. Companies that have interviewed so far include names such as Bank of America, BCG, Citibank NA, Coca Cola, Cognizant Technology Solutions, DELL, Deutsche Bank, General Electric, Goldman Sachs, HCL, Hindustan Lever Limited, IBM, Infosys, JP Morgan, LNM Group, McKinsey, Microsoft, Novartis, Reliance Industries, and TSMG among others.

More companies will visit the ISB campus through the placement season. The Rolling Placement Process began in October 2003, with the ISB’s Career and Alumni Services (CAS) team inviting companies to recruit at the ISB. Companies are invited to meet students through Pre Placement Talks, which took place in November and December 2003. The interviewing process is presently underway, and will continue until March 2004, when the current Class graduates.

The ISB’s unique, recruiter-friendly Rolling Placement Process, assists organisations to make well-considered hiring decisions for their middle and senior management positions. The extended timeframe of the Process gives recruiters and students adequate time and opportunity to interact with each other, ensuring the best fit for the individual and the organisation.

Contact:

Ms. Bhuvana Ramalingam
Director – Communications
Indian School of Business
Tel.: 91 40 2 318 7431
email: bhuvana_r@isb.edu

www.isb.edu

INNOVATION IN LEARNING AT THE ISB- News, INNOVATION IN LEARNING AT THE ISB- Indian School of Business (ISB)

Tue, 12 Apr 2011 15:43:54 GMT

Hyderabad, January 16, 2004: Continuing to drive innovation in management education, the Indian School of Business formally launched its Digital Library. Called Management Classics Online, ISB’s Digital Library was launched by Satyam Computer Services Limited Founder and Chairman, Mr B Ramalinga Raju.

Launching the library, Mr Ramalinga Raju said, “This is a great initiative by the ISB - a fine example of the use of technology in education.”
Talking about the digital library, Dr K Mohan, Director of ISB’s Learning Resource Centre, said, “The digitalisation of resources is a first for any management school in Asia. The ISB Digital Library is an affirmation of our service credo to provide our customers ‘Anytime, Anywhere’ access to global management resources.”
The Digital Library currently has a selection of over 100 titles to choose from in various management areas. The library also offers some rare non-management titles like the 1900 edition of Sigmund Freud’s Interpretation of Dreams. The Library will add up to 50 titles each year with the aim of making it one of Asia’s most impressive digital resources over the next five years.
The e-resources and online databases currently available at the ISB LRC are among the best in the academic circle. The LRC’s collection spans nearly 15, 000 books, 360 print journals, access to 35 online databases, including over 2000 e-journals, and 700 AV resources.
About the ISB

The Indian School of Business is a research-oriented independent management institution that grooms future leaders for India and the world. Its association with the Kellogg School of Management, The Wharton School, and London Business School make it one of its kind in Asia. The School offers a one-year Post Graduate Programme in Management and short-duration, high-powered Executive Education programmes for CEOs and senior executives; and a two-year Research Fellowship Programme. The origins and distinctive research of our faculty members ensure that our programme content is contemporary and global in its perspective, while developing our students’ understanding of modern management opportunities and challenges.

Contact:
Ms. Bhuvana Ramalingam
Director – Communications
Indian School of Business
Tel.: 91 40 2 318 7431
email: bhuvana_r@isb.edu
www isb.edu

LEADERS INSPIRE AT THE ISB WOMEN'S INITIATIVE CONFERENCE- News, LEADERS INSPIRE AT THE ISB WOMEN'S INITIATIVE CONFERENCE- Indian School of Business (ISB)

Tue, 12 Apr 2011 15:45:07 GMT

ISB Launches ' AIKYA' - The Host Family Network- News, ISB Launches ' AIKYA' - The Host Family Network- Indian School of Business (ISB)

Tue, 12 Apr 2011 15:48:00 GMT

Hyderabad , 1st July, 2003:The Indian School of Business announced the launch of ‘ AIKYA ’ – it’s unique host family network initiative.

Some of Hyderabad’s best known families are involved in this endeavour. ‘ AIKYA ’ was formally launched by Ms. Bhuvaneshwari Naidu. The core committee of ‘ AIKYA ‘ includes Ms D Ashok, Ms. Suchitra Ella, Ms. Anjana Patodia, Ms. Anuradha Prasad, Ms. Aparna Reddy, Mr Niraj Gelli, and Mr V Suneel Naidu.

Speaking at the launch at the ISB Campus, Professor Mahajan said, “ ISB has always emphasized the holistic development of each individual. “AIKYA ’ is just another step in that direction. We want our students to have fond memories of Hyderabad and experience the warmth of the wonderful families here first hand. We are fortunate to have so many amazing families who have opened their hearts and their homes to us.”

‘AIKYA ‘ aims to introduce ISB students to the culture of Hyderabad. Through the Network, ISB students will get a chance to make a connection with the city’s citizens, get a feel of its corporate arena and discover its resplendent cultural past. It will also familiarise the students with the ‘Hyderabadi’ way of life—and home-cooked food and fun – over festivals, holidays and weekends.

ABOUT THE ISB
The Indian School of Business is a research-oriented independent management institution that grooms future generations of business leaders. Its association with the Kellogg School of Management, The Wharton School and London Business School make it one of its kind in Asia. The School offers a one year Post Graduate Programme in Management and short-duration, high-powered Executive Education programmes for CEOs and senior executives. The School's faculty are leading teachers and researchers recognised for their scholarship, innovation, relevance and the international impact of their work.

Contact:
Ms. Bhuvana Ramalingam
Director – Communications
Indian School of Business
Tel.: 91 40 2 318 7431
email: bhuvana_r@isb.edu www.isb.edu

The ISB Economic Forum: China and India Fuelling Growth in the 21st Century- News, The ISB Economic Forum: China and India Fuelling Growth in the 21st Century- Indian School of Business (ISB)

Tue, 12 Apr 2011 15:50:37 GMT

Hyderabad, August 13, 2004: The ISB Economic Forum at the Indian School of Business is organising an International Conference on “Will the 21st Century belong to India and China?” on August 14, 2004. The Conference represents yet another pioneering effort by the ISB community to further the ISB’s vision of becoming a research driven global institution.

This conference is the highlight of a five day research workshop in Finance and Economics which is being attended by academia from both India and abroad. The conference is being sponsored by the ICICI Research Centre and the University of California at Los Angeles Center for International Business Education and Research (CIBER).This conference brings together prominent business leaders, policy makers, and academic scholars to discuss ideas related to these themes and engage the entire country in a meaningful dialogue on these important issues.

Talking about the conference, Professor Bhagwan Chowdhry, Professor of Corporate Finance and Area Leader for Finance at the ISB, said, “This conference is unique, in that it will be a platform for all, policy makers, business leaders and academia to listen to each other’s informed opinions and think differently on policy making, business practices as well as further research.” Professor Bhagwan Chowdhry is the Professor of Finance, the Anderson School at the University of California at Los Angeles. He is currently at the ISB on a sabbatical for a year, along with his family.

Professor Bhagwan Chowdhry added “I hope this conference will lead to many such opportunities for the ISB to get involved and make meaningful difference to the country’s knowledge bank.”

The Conference hosts several eminent speakers such as:

Mr Peter Tan - Vice President, McDonalds, Asia
Mr Tarun Khanna - Jorge Paulo Lemann Professor of Business Administration at the Harvard Business School
Sanjeev Sanyal - Senior Economist, Deutsche Bank
Mr NJ Sheth - Director, Tata Economic Consultancy Services
Mr Deepak Goyal - Engagement Manager, Mckinsey & Co
Mr Anwarul Hoda - Member, Planning Commission
Mr Ching - Sung Wu - National Taiwan University
Prof Bhagwan Chowdhry - Indian School of Business and UCLA
Professor Shankar De - Indian School of Business
Prof Ravi Jagannathan - Chicago Mercantile Exchange Distinguished Professor of Finance; Co-Director of Center for Financial Institutions & Markets, Kellogg School of Management
Mr John Talbott - Consultant, Indian School of Business
Mr Gopi Gopalan - Consultant,
Mr Madhavan Nair- SEEPZ SEZ
Mr Paul Antony - Cochin SEZ

The ISB is now focussing on developing its research capabilities. The international conferences held on Global Corporate Governance Forum and Financial Market Development in Emerging and Transition Economies were efforts in this direction. ISB is setting up five Centres of Excellence for Research in Emerging Markets. The Centre for Analytical Finance has been set up recently and the Centre for Integrated Marketing will follow. The first of these, the Wadhwani Centre for Entrepreneurial Development, was established in 2001.

Contact:
Ms. Bhuvana Ramalingam
Director – Communications
Indian School of Business
Tel.: 91 40 2 318 7431
email: bhuvana_r@isb.edu,

Renowned Artists talk on the ' Business of Arts' at ISB- News, Renowned Artists talk on the ' Business of Arts' at ISB- Indian School of Business (ISB)

Tue, 12 Apr 2011 15:51:44 GMT

Hyderabad, September 23, 2004: The ’Business and Arts – Creativity Beyond Thought Leadership Programme’ is being held at the ISB campus today and tomorrow. This programme has now entered the third year generating a lot of enthusiasm among the artist and student community.

So far, renowned artists, such as painters like Laxma Goud, Krishen Khanna, Jittish Kallat , Baiju Parthan , well-known sculptor Karl Antao, danseuse Dr. Sobha Naidu, photographer Mahindra Sinh and noted art collector Harsh Goenka have participated in this unique programme. During their time at the ISB, the artists helped students discover how artistic expression can give form to unstructured thought. Their talk was an insight into an unstructured but powerful thought process working within the limitations of a medium, highlighting the power of creative thought

This year’s programme has attracted eminent personalities from the art community. Paresh Maity, the renowned painter, is the ‘Artist in Residence’ this year at the ISB. He is creating a painting exclusively for the ISB which will be unveiled at the programme tomorrow evening . Phiroza Godrej - art crtic, a chemical engineer turned film maker - Nagesh Kukunoor, noted photographer- Ashok Salian, Bharatnatyam exponent - Rajeshwari Sainath are the other participating artists.

The ‘Business & Arts - Creativity Beyond Thought Leadership’ programme is an extension of the ISB’s endeavour to encourage students to think imaginatively. In keeping with the best practices followed by the top, global business schools, the programme provides students with an exposure to the arts. During this two-day event, artistes will present and explain their work to students. Students will get the chance to explore the mind of an artiste, and understand his/ her art, through photographs, paintings, or dance. Their interactions will throw new light on innovation, stimulate aesthetic sensibilities, and open up a whole new alternative thought process.

Contact:
Ms. Bhuvana Ramalingam
Director – Communications
Indian School of Business
Tel.: 91 40 2 318 7431
email: bhuvana_r@isb.edu

www isb.edu

PARESH MAITY UNVEILS HIS CREATION AT THE INDIAN SCHOOL OF BUSINESS- News, PARESH MAITY UNVEILS HIS CREATION AT THE INDIAN SCHOOL OF BUSINESS- Indian School of Business (ISB)

Tue, 12 Apr 2011 15:53:35 GMT

Hyderabad, September 24, 2004: The Indian School of Business ‘Business and Arts – Creativity Beyond Thought Leadership Programme’ reached a grand finale today with an impressive array of artistes sharing insights into their art with the ISB community. Paresh Maity, one of India’s renowned artists, unveiled his painting during the highly charged event.

The ISB was honoured to have Paresh Maity, the renowned painter, as the ‘Artist in Residence’ this year. Over the last few days he worked in the ISB campus, while interacting with the student community, to create a painting exclusively for the ISB. The outcome was ‘Admiration’ which was unveiled to thunderous applause at the seminar today.

Says Paresh Maity of his time at the ISB, “The peaceful surroundings and charged atmosphere here helped me create ‘Admiration’ – a representation of the love and harmony between man and woman that I have long been wanting to create. As I worked, it was certainly encouraging to observe the keen interest of the students and their families, not only in my work, but in the art world in general.”

“No other B-school in the country has an initiative of this kind. The ISB has recognised the underlying creativity that is common to both business and the arts,” said Mr Vikram sethi, noted Art Curator. Mr. Sethi has been instrumental in conceptualizing and working with the ISB to make this programme a success over the last three years.

This year’s line-up of eminent participating artists included Navjoth Altaf – painter, Phiroza Godrej - art critic and collector, a chemical engineer turned film maker - Nagesh Kukunoor, noted photographer- Ashok Salian and Bharatnatyam exponent - Rajeshwari Sainath.

Prior to his presentation at the seminar, Ashok Salian took time off his busy schedule to conduct an informal photography workshop for the ISB community. Commenting on the high levels of interest for the Business and Arts programme he said, “It is wonderful to see how keen these students are to be involved in initiatives of this kind. If I had had the opportunity to interact with artistes of this caliber during my college days, I would have realized much earlier my calling to photography.”

The ‘Business & Arts’ programme has now entered the third year generating a lot of enthusiasm among the artist and student community. Vikram Sethi, noted art curator, says The ISB’s initiative to stimulate creative thinking amongst B school students through arts is in keeping with the global practices of a truly international school.

Contact:

Ms. Bhuvana Ramalingam

Director – Communications

Indian School of Business

Tel.: 91 40 2 318 7431

email: bhuvana_r@isb.edu

www isb.edu

INDIAN SCHOOL OF BUSINESS SET TO INCREASE STUDENT STRENGTH TO OVER 300 IN THE ACADEMIC YEAR 2005-2006- News, INDIAN SCHOOL OF BUSINESS SET TO INCREASE STUDENT STRENGTH TO OVER 300 IN THE ACADEMIC YEAR 2005-2006- Indian School of Business (ISB)

Tue, 12 Apr 2011 15:55:10 GMT

New Delhi, October 13, 2004: The Indian School of Business (ISB), Hyderabad (in association with The Kellogg School of Management, The Wharton School, and The London Business School) is targeting over 300 students for the forthcoming academic sessions (2005-2006).

Since its inception in the year 2001, The ISB has increased its student strength consistently from 126 in 2001-2002, 168 in 2002-2003, 220 in 2003-04 and 276 in 2004-2005 and is expected to reach its peak capacity of over 500 in a few years time.

Commenting on the occasion, Professor Mendu Rammohan Rao, Dean, Indian School of Business said, “After another successful year, we are looking forward to the new academic session and are confident that the students will make the most of the empowering experience at the ISB. Apart from the best of faculty, infrastructure and innovative academic modules to foster management thinking, students can look forward to some new initiatives that will give them an added edge.”

The ISB is now geared up to a new admission season with a curriculum to help students achieve leadership, management and entrepreneurial skills, and develop them into Global Leaders. The admission for the academic year 2005-2006 is already in progress with students having two application deadlines, November 30th 2004 and January15th 2005. The academic year 2005-2006 starts on April15, 2005.

Facilitating Exchange programs

The ISB has entered into an understanding with Thunderbird, The Garvin School of International Management, Darden Graduate School of Business Administration, Virginia and Leon Recanati Graduate School of Business Administration, University of Tel Aviv, Israel to facilitate Student exchange programmes. This is in addition to the understanding that the ISB has with The Kellogg School of Management and The London Business School to enable students to go on an exchange programmes.
Scholarships

The ISB offers a range of scholarships both merit and need based. One out of every three students gets a scholarship at The ISB. Depending on various criteria students are eligible for scholarships from Rs. One Lakh to entire course fees.

Driven by Research

As a part of the ISB’s focus and core philosophy of being a research driven global institution, it organizes many Seminars and Conferences with International tie-ups and associations, including the recent International Conference on India and China.

The ISB has the distinction of being the only B-School in the country where the faculty present their research papers in International seminars. This in turn helps students to understand current global trends better.

The ISB is setting up five Centers of Excellence with the aim of promoting research and thought leadership. While a focus on emerging markets will underpin all research, each Centre will focus on one area, namely Technology, Leadership and Change Management, Strategic Marketing, Analytical Finance, and Entrepreneurship. These also form the five areas of specialization for students in the Post Graduate Programme in Management. The first of these, the Wadhwani Centre for Entrepreneurial Development, was established in 2001and the second Centre for Analytical Finance has recently been set up.

Innovation in facilitating “Creative Thinking in Management”

The School has also introduced many innovative programmes like ’Business and Arts – Creativity Beyond Thought Leadership Programme’, which has now entered the third year, and is generating a lot of enthusiasm among the artist and student communities. Students get the chance to explore the mind of an artiste, and understand his/ her art, through their work. Their interactions with the artistes throw new light on innovation; stimulate aesthetic sensibilities, and opens up a whole new alternative thought process aiding them to approach management related problems/challenges/thinking, differently.

About ISB :
The Indian School of Business is a research-oriented independent management institution that grooms future leaders for India and the world. Its association with the Kellogg School of Management, The Wharton School, and The London Business School make it one of its kinds in Asia. The School offers a one-year Post Graduate Programme in Management and short-duration, high-powered Executive Education programmes for CEOs and senior executives; and a two-year Research Fellowship Programme. The origins and distinctive research of our faculty members ensure that our programme content is contemporary and global in its perspective, while developing our students’ understanding of modern management opportunities and challenges. For further information visit us at www.isb.edu.

For further information please contact:
Ms. Bhuvana Ramalingam
Director – Communications
Indian School of Business
Tel.: 91 40 2 318 7431
email: bhuvana_r@isb.edu

ISB's PGP class of 2012 - An Eclectic Mix of Achievers- News, ISB's PGP class of 2012 - An Eclectic Mix of Achievers- Indian School of Business (ISB)

Wed, 18 May 2011 12:34:09 GMT

Hyderabad, May 18, 2011: The Indian School of Business (ISB) announced the start of the academic year for its Class of 2012. The Class comprises 573 achievers representing diverse academic and professional backgrounds.

Announcing the new class, Deepak Chandra, Deputy Dean, ISB said, “The Class of 2012 is an eclectic mix of achievers, in line with our belief that diversity enhances learning, and truly develops leadership potential. I am confident that the Class of 2012 too will carry forward the ISB’s tradition of excellence.”

Welcoming the Class of 2012, V K Menon, Senior Director – Career Services, Admissions and Financial Aid said, “ISB is known for its diversity and this class brings in a wealth of knowledge and experience across various industries and functions. Armed with cutting-edge knowledge and best practices, I am sure that this class will contribute significantly to the global marketplace “

Profile of the Class of 2012

Diversity Continues

The ISB encourages professionals from every background to join its Post Graduate Programme. Students come in with prior experience in functions like Sales and Marketing, Finance, Project Management, Architecture, Operations, Consulting, Research, Advertising, Travel, Tourism, Hospitality, Technology, etc. There are also niche profiles from the Armed Forces, Practicing Doctors and Surgeons, Entrepreneurs, Civil Servants, Fashion Designers, Shipping Crew, Entrepreneurs, Lawyers and Journalists among others. All this leads to an extremely dynamic and challenging class environment that is highly conducive to learning. The average work experience of the class is five years, and the average age is 28 years. The average GMAT score at 712 is comparable to some of the top global B-schools.

Highest Percentage of Women

The ISB has 167 women students, comprising 29 % of the class. This is perhaps the highest percentage among leading B-schools in India. The ISB is committed to increasing the number of women students in the class making it on par with global standards. This is aligned with the ISB’s endeavour to increase the representation of women in business leadership. Over the years, women have performed exceptionally well in their careers, post their stint at the ISB.

Global Representation

This year, the class has students from countries such as Italy, Spain, Russia, Austria, Australia, Singapore, Thailand, Mauritius, Belgium, Nepal, Canada, United Kingdom and USA. The presence of students from such a broad spectrum of countries makes learning at the ISB a truly global experience. This cultural diversity enhances their learning about customs, management styles, and ways of doing business in their respective countries. About 25 % of the ISB students come with international work experience.

Class of Achievers

It is not just academic excellence and work experience that the ISB looks for. Many of the students who joined the class have demonstrated multi dimensional leadership abilities. They are strong achievers in their own sphere of work and also across areas that they choose to focus on. Among this talented group are -
• India’s first Audio Book Author
• A doctor, who is also a State Home Secretary
• A commander in the Indian Naval Force
• Film Directors, Playwrights and Poets
• Trained Dancers and Choreographers
• Certified Sky Divers and Scuba Divers
• Several Academic Rank Holders

Second Campus at Mohali

Now in its tenth year, the ISB’s flagship Post Graduate Programme in Management (PGP) is expanding to be delivered in two locations. The intake for the next class will be for a single programme, across the two campuses. With the addition of the Mohali facility, the class size is expected to increase from 560 to 770. Following ISB’s unique portfolio faculty model, top visiting and resident faculty will impart cutting-edge management insights and practices at both locations. The two campuses will operate as a unified entity, with the same commitment to world-class programme design and delivery, and by effecting a seamless integration through inter-campus exchanges and virtual connectivity. The Mohali campus will also house four institutes focusing on the areas of Public Policy, Healthcare, Manufacturing and Infrastructure Management. Admissions are now open for the Class of 2013. The growth story of ISB continues.

About the ISB

The Indian School of Business (ISB) was established in 2001 with an aspiration to put India on the global map of management education. In less than a decade since its inception, the ISB has successfully pioneered several new trends in management education in India, and firmly established itself as a world class management institution. In 2008, the ISB became the youngest institution to be ranked among the Top 20, in the Global B-school Rankings by the Financial Times, London, and since then has been ranked consistently among the top B-schools globally. The ISB today has a strong pool of research-oriented resident faculty and invites high calibre international faculty from reputed B-schools to teach in its Post Graduate Programme in Management (PGP), Post Graduate Programme in Management for Senior Executives (PGPMAX), and Executive Education Programmes. In addition to teaching, the visiting faculty also participates in collaborative research with the resident faculty. The school has over 3500 PGP Alumni and 12000 Executive Education Alumni, making an impact on business and society across the world. The ISB is in the process of setting up its second campus in Mohali, Punjab, which will also have specialist Institutes for promoting research and education in areas critical to India’s development. The Mohali campus is slated to be operational from April 2012.

For further information, please contact:
Sriram Gopalakrishnan
Director – Marketing and Communications
Indian School of Business
Tel.: 939 456 8030
E-mail: Sriram_gopalakrishnan@isb.edu
www.isb.edu

ISB HOSTS THE PRESIDENT OF INDIA AT THE EVENT COMMEMORATING ITS TENTH YEAR- News, ISB HOSTS THE PRESIDENT OF INDIA AT THE EVENT COMMEMORATING ITS TENTH YEAR - Indian School of Business (ISB)

Mon, 04 Jul 2011 19:14:13 GMT

Hyderabad, July 4, 2011: The Indian School of Business (ISB) today hosted the President of India, Her Excellency, Smt Pratibha Devisingh Patil, as Chief Guest at an event organised to commemorate its tenth year. Ajit Rangnekar, Dean, ISB, welcomed the President and the other Guests of Honour, His Excellency, Sri ESL Narasimhan, Governor of Andhra Pradesh and Sri N Kiran Kumar Reddy, Honourable Chief Minister of Andhra Pradesh. Analjit Singh, Chairman, Max India Limited and member of the Executive Board of ISB also graced the occasion.

Speaking on the ten successful years of the ISB, Ajit Rangnekar, Dean, ISB said, “In the ten years since its inception, the ISB has established itself as a global business school of repute, with a demonstrated record of growth and accomplishment. Its track record in the past decade point to greater potential for the future. We believe that the ISB should not just be known for creating high quality business leaders, but also as an institution that plays a pivotal role in addressing some of the major challenges facing society today. With the support of all our stakeholders, we believe we can make this a reality.”
The President delivered the keynote address on the ‘Role of Young Business leaders in Achieving Inclusive Growth and Nation Building’. Urging the students to participate in India’s growth, the president urged students to align their goals with priorities of the nation. Citing India’s high percentage of youth – 300 million working-age people in the next forty years, she said their energy and enthusiasm must be guided to productive work. At the heart of her address was the inclusion of the rural sector in India’s growth and the role of entrepreneurship education as a societal change agent. Click here for the entire text of her speech.

The President also unveiled a plaque to commemorate ten successful years of the ISB. The plaque has been designed by Chippa Sudhakar, a well-known contemporary artist. The plaque symbolises the human form as the ISB. The geometric patterns on the clothing of the protagonist are the many associates of the School in the form of students, faculty, management and the diverse visitors. The launching of the boat represents the beginning of a new decade towards a positive future. The positive future itself is symbolised in the lotus etched on the right side of the painting. The most thoughtful symbol in the painting is the bar code painted on the sail of the boat which can be decoded as a vehicle of business/management studies.

The Guests of Honour, ESL Narasimhan, Honourable Governor of Andhra Pradesh and N Kiran Kumar Reddy, Chief Minister of Andhra Pradesh, and Analjit Singh, member of the ISB Executive Board also spoke on the occasion.

The ISB was established in 2001, out of a need to create a world-class business school for the country and the world. What began as an idea is now an acknowledged institution for quality learning. The ISB is committed to its role in creating leaders through its innovative programmes, outstanding faculty and thought leadership. Some of its key accomplishments in this eventful decade are:

Established the world-class Post Graduate Programme in Management (PGP)
- Youngest institution globally to have its programme ranked among the Top 20 business schools in the world
- Pioneered the one-year format in India with its flagship programme
- Grew from a class size of 126 in 2001 to 573 in 2011
- Set the bar for encouraging diversity in the classroom - comprising achievers from a broad range of academic and professional backgrounds.
- 3500+ PGP Alumni working in 25+ countries across the world
- 175+ Alumni have started their own businesses
- Launched two unique new programmes -
  - PGPMAX - An Executive MBA equivalent programme for senior industry executives
  - Young leaders Programme YLP) to tap young talented college students
Leadership in Executive Education
- Largest provider of Executive Education in India, and among the top 3 in Asia
- Provided training to 13000+ executives through 400+ programmes
- Conducts programmes spanning the private sector, public sector enterprises, Government (IFS, IPS, MLAs, Ministry of Railways), Entrepreneurs, SMEs
Leadership in Academic Research
? The most productive Indian institution in Management research in the decade 2001-2010 (LBS study)
? Publications in top-tier academic journals in every area of Management research
? Launched the doctoral level Fellow Programme in Management ( FPM)
Increasing focus on issues of national importance
- Developing innovative Business models in Affordable Housing, Skills Development and Healthcare
- Focusing research in areas such as Healthcare, Public Policy, Manufacturing, Infrastructure, Innovation among others
- Improving Financial Access for Small and Medium scale businesses

Having entered its tenth year in December 2010, the ISB is launching series of impactful initiatives to augment its research focus and underline its primary aim of creating high-quality business leaders who help address major societal challenges. It has planned a yearlong outreach programme re-engaging all stakeholders, and shaping the charter for the next stage of the school’s growth.

After a successful first phase of growth, the ISB is setting up its second campus at Mohali, which will commence operations from April 2012. With this, the school is increasing the class size for its flagship Post-Graduate Programme (PGP) in Management from 570 to 770. The Mohali campus will house four institutes focusing on the areas of Public Policy, Healthcare, Manufacturing and Infrastructure Management.

For further information, please contact:
Sriram Gopalakrishnan
Director – Marketing and Communications
Indian School of Business
Tel.: 939 456 8030
E-mail: Sriram_gopalakrishnan@isb.edu
www.isb.edu

Tree planting by Her Excellency Smt Pratibha Devisingh Patil, President of India

Dean addressing the ISB Community.

President unveils painting by Chippa Sudhakar

Analjit Singh, Executive Board Member, ISB, addresses gathering.

N Kiran Kumar Reddy, Chief Minister, Andhra Pradesh, addresses gathering.

E S L Narasimhan, Governor, Andhra Pradesh, addresses gathering.

Her Excellency Smt Pratibha Devisingh Patil, President of India, addresses gathering.

ISB HOSTS THE PRESIDENT OF INDIA AT THE EVENT COMMEMORATING ITS TENTH YEAR- News, ISB HOSTS THE PRESIDENT OF INDIA AT THE EVENT COMMEMORATING ITS TENTH YEAR - Indian School of Business (ISB)

Fri, 22 Jul 2011 10:38:04 GMT

Established the world-class Post Graduate Programme in Management (PGP)
- Youngest institution globally to have its programme ranked among the Top 20 business schools in the world
- Pioneered the one-year format in India with its flagship programme
- Grew from a class size of 126 in 2001 to 573 in 2011
- Set the bar for encouraging diversity in the classroom - comprising achievers from a broad range of academic and professional backgrounds.
- 3500+ PGP Alumni working in 25+ countries across the world
- 175+ Alumni have started their own businesses
- Launched two unique new programmes -
  - PGPMAX - An Executive MBA equivalent programme for senior industry executives
  - Young leaders Programme YLP) to tap young talented college students
Leadership in Executive Education
- Largest provider of Executive Education in India, and among the top 3 in Asia
- Provided training to 13000+ executives through 400+ programmes
- Conducts programmes spanning the private sector, public sector enterprises, Government (IFS, IPS, MLAs, Ministry of Railways), Entrepreneurs, SMEs
Leadership in Academic Research
- The most productive Indian institution in Management research in the decade 2001-2010 (LBS study)
- Publications in top-tier academic journals in every area of Management research
- Launched the doctoral level Fellow Programme in Management ( FPM)
Increasing focus on issues of national importance
- Developing innovative Business models in Affordable Housing, Skills Development and Healthcare
- Focusing research in areas such as Healthcare, Public Policy, Manufacturing, Infrastructure, Innovation among others
- Improving Financial Access for Small and Medium scale businesses

Tree planting by Her Excellency Smt Pratibha Devisingh Patil, President of India

Dean addressing the ISB Community.

President unveils painting by Chippa Sudhakar

Analjit Singh, Executive Board Member, ISB, addresses gathering.

N Kiran Kumar Reddy, Chief Minister, Andhra Pradesh, addresses gathering.

E S L Narasimhan, Governor, Andhra Pradesh, addresses gathering.

Her Excellency Smt Pratibha Devisingh Patil, President of India, addresses gathering.

ISB DEAN APPOINTED AS MEMBER OF THE BOARD OF DIRECTORS OF THE GRADUATE MANAGEMENT COUNCIL (GMAC)- News, ISB Dean Appointed As Member of the Board of Directors of the Graduate Management Council (GMAC)- Indian School of Business (ISB)

Tue, 27 Sep 2011 14:39:44 GMT

September 27, 2011, Hyderabad: The Indian School of Business (ISB) today announced that Ajit Rangnekar, Dean, ISB was appointed as member of the Board of Directors of The Graduate Management Admission Council (GMAC), an association of top graduate business schools around the world. The ISB Dean is the only representative from India invited to join this influential group comprising Deans of leading B-schools.

Congratulating the Dean on his appointment, Adi Godrej, Chairman, ISB, said, “I am happy to know that Ajit Rangnekar has been appointed as a board member of such a prestigious organisation as GMAC. This is a testimony to the ISB’s growing repute as a global business school imparting world-class education over the last decade. We are confident that Ajit’s vast experience in the education space and his zest for excellence will hold him in good stead and help him charter Asia’s, and by extension, India’s growth as the global destination for management education”.

Along with the ISB Dean, GMAC also announced the appointment of Xiongwen Lu, Dean of the School of Management at Fudan University in Shanghai and founding director of the Chinese Market Research Center and Christine Poon, Dean and John C Berry Chair in Business at the Fisher College of Business at The Ohio State University as the other directors.

“I am looking forward to working with Dean Lu, Dean Poon and Dean Rangnekar,” said David A. Wilson, president and CEO of GMAC. “As the Council expands it operations internationally, launches the Next Generation GMAT exam in June 2012, and seeks to expand the reach and impact of quality graduate management education globally, each of these leaders will be integral to our success and to the idea that business and management are critical to the economic and social well-being of people worldwide.”

The appointment of Dean Rangnekar coincides with the completion of ten successful years of the ISB. It reinforces the recognition of ISB’s demonstrated record of growth and accomplishment since its inception in 2001. As the pioneer of several global best practices in India, ISB has rapidly risen to emerge as not only one of India’s finest B-schools but also become the youngest institution to be ranked among the top 20 B-schools in the world. ISB’s inclusion on the global board of GMAC reflects India’s ascent as one of the key stakeholders on the future radar of global management education.

Speaking about his role in the council, Ajit Rangnekar, Dean, ISB, said, “I am honoured to have been chosen as a member of the Graduate Management Admission Council. GMAC has today established itself as a leading entity for prospective management students and B-schools, owing to its universal appeal, standardised format and greater transparency. As a member of the board, we aim to widen GMAC’s ambit by extending its affiliation to other leading B-schools.”

The ISB was invited to be a member of the GMAC council in 2007. Since 2004, the ISB is the leading B school to which Indian MBA aspirants across the world report GMAT scores, replacing management programmes of top global universities such as Harvard, University of Pennsylvania, Stanford and Columbia.

About the ISB

The Indian School of Business (ISB) was established in 2001 with an aspiration to put India on the global map of management education. In less than a decade since its inception, the ISB has successfully pioneered several new trends in management education in India, and firmly established itself as a world-class management institution. In 2008, the ISB became the youngest institution to be ranked among the Top 20, in the Global B-school Rankings by the Financial Times, London, and since then has been ranked consistently among the top B-schools globally. The ISB today has a strong pool of research-oriented resident faculty and invites high calibre international faculty from reputed B-schools to teach in its Post Graduate Programme in Management (PGP), Post Graduate Programme in Management for Senior Executives (PGPMAX), and Executive Education Programmes. In addition to teaching, the visiting faculty also participates in collaborative research with the resident faculty. The school has over 3500 PGP Alumni and 13,000 Executive Education Alumni making an impact on business and society across the world. The ISB is in the process of setting up its second campus in Mohali, Punjab, which in addition to the current programmes, will also have specialist institutes for promoting research and education in areas critical to India’s development. The Mohali campus is slated to be operational from April 2012. For more information, visit www.isb.edu.

About GMAC

The Graduate Management Admission Council (gmac.com) is a nonprofit education organisation of leading graduate business schools worldwide dedicated to creating access to and disseminating information about graduate management education. GMAC is based in Reston, Va., and has regional offices in London (UK), New Delhi (India) and Hong Kong. The GMAT® exam was created in 1954 and is used by more than 5,100 graduate management programs at approximately 1,900 business schools around the world to assess applicants. The GMAT—the only standardised test designed expressly for graduate business and management programmes worldwide—is continuously available at more than 550 test centres in more than 111 countries.

More information about the GMAT exam is available at mba.com.

For further information, please contact:
Sriram Gopalakrishnan
Director – Marketing and Communications
Indian School of Business
Tel.: 939 456 8030
E-mail: Sriram_gopalakrishnan@isb.edu
www.isb.edu

ISB DOUBLES SCHOLARSHIPS FOR CLASS OF 2013 TO 8 CRORES- News, ISB Doubles Scholarships for Class of 2013 To 8 Crores- Indian School of Business (ISB)

Tue, 11 Oct 2011 18:30:00 GMT

Hyderabad, October 11, 2011: The Indian School of Business (ISB) today announced the doubling of its scholarships from rupees 4 crores to rupees 8 crores for the incoming class of 2013. Through this increased outlay, one in every seven students studying at the school will receive scholarships of 25%-50% of the total tuition fee. The scholarships will be awarded on both merit and financial need basis to outstanding students, selected on the basis of exceptional academic and professional performance as well as personal qualities such as leadership, integrity, and community service.

Speaking on the increase in scholarships, Deepak Chandra, Deputy Dean, ISB, said, “We take great pride in the diversity of our students. The doubling of our scholarship outlay reaffirms our commitment of grooming future leaders by opening gateways to world-class management education. We are confident that our efforts will continue to reap results in terms of attracting the best talent as well as strengthening the brand ISB.”

Entrepreneurial support with ‘Develop India’ Scholarship
In addition to the above mentioned scholarships, students who aspire to start their own ventures also get support through the ‘Develop India’ scholarship. These scholarships are offered to aspiring entrepreneurs whose ideas are being incubated under the Entrepreneurs Development Initiative (EDI) at the Wadhwani Centre for Entrepreneurship Development (WCED) of the ISB. The scholarships cover the students’ loan EMI amount up to a period of two years.

Other Corporate Scholarships
Apart from the ISB scholarships, several organizations such as Citi Foundation, Novartis, IBF, Talentia, La Caixa and Casa Asia provide a wide array of merit and need-based scholarships. The Novartis scholarship is specifically offered to encourage women students from small towns, while the Citi Foundation scholarship has been one of the longest running scholarships being awarded at the school.

Now in its tenth year, the ISB’s Post Graduate Programme in Management (PGP) is expanding to be delivered in two locations – Hyderabad and Mohali. The intake for the next class will be for a single programme, across the two campuses. The combined class size is expected to increase from 560 to 770. Following ISB’s unique portfolio faculty model, top visiting and resident faculty will impart cutting-edge management practices at both locations. The two campuses will operate as a unified entity, with the same commitment to world-class programme design and delivery, and by effecting a seamless integration through inter-campus exchanges and virtual connectivity. The Mohali campus will also house four institutes focusing on the areas of Public Policy, Healthcare, Manufacturing and Infrastructure Management. Admissions are now open for the Class of 2013.

About the Indian School of Business
The Indian School of Business (ISB) was established in 2001 with an aspiration to put India on the global map of management education. In less than a decade since its inception, the ISB has successfully pioneered several new trends in management education in India, and firmly established itself as a world class management institution. In 2008, the ISB became the youngest institution to be ranked among the Top 20, in the Global B-school Rankings by the Financial Times, London, and since then has been ranked consistently among the top B-schools globally. The ISB today has a strong pool of research-oriented resident faculty and invites high calibre international faculty from reputed B-schools to teach in its Post Graduate Programme in Management (PGP), Post Graduate Programme in Management for Senior Executives (PGPMAX), and Executive Education Programmes. In addition to teaching, the visiting faculty also participates in collaborative research with the resident faculty. The school has over 3500 PGP Alumni and 13000 Executive Education Alumni, making an impact on business and society across the world.

For further information, please contact:
Sriram Gopalakrishnan
Director – Marketing and Communications
Indian School of Business
Tel.: 0939 456 8030
E-mail: Sriram_gopalakrishnan@isb.edu
www.isb.edu

45 YOUNG ACHIEVERS MAKE IT TO THE ISB 'YOUNG LEADERS PROGRAMME'- News, 45 YOUNG ACHIEVERS MAKE IT TO THE ISB 'YOUNG LEADERS PROGRAMME'- Indian School of Business (ISB)

Thu, 20 Oct 2011 15:41:21 GMT

Hyderabad, October 19, 2011: The Indian School of Business (ISB) today announced the first cohort of its Young Leaders Programme (YLP) comprising 45 talented undergraduate students who have been chosen through a rigorous 3-stage selection process spanning seven months. A first of its kind initiative in India, the YLP will offer these students an opportunity to fast track their careers by awarding them pre-admission to ISB’s one-year Post Graduate Programme in Management (PGP).

Making the announcement, Deepak Chandra, Deputy Dean, ISB said, “The Young Leaders Programme at the ISB has been designed with an objective to identify leadership potential at a young age and provide them a head start in their careers. Over the next two years, we will equip these 45 young leaders with the right skills and exposure through a structured learning and mentoring programme, that will allow them to realise their potential.”

Group of Young achievers
The ISB has selected these 45 young achievers on the basis of their academic credentials, extracurricular credentials and demonstrated leadership potential. They come from leading institutions:

BITS - Pilani
BITS - Hyderabad
BITS - Goa
Indian Institute of Technology - Kharagpur
Indian Institute of Technology - Kanpur
Indian Institute of Technology - Delhi
Indian Institute of Technology - Bombay
Indian Institute of Technology - Madras
Indian Institute of Technology - Roorkee
Jadavpur University - Kolkata
Lomonosov Moscow State University - Moscow
Manipal Institute of Technology - Manipal
Nanyang Technological University - Singapore
National University of Singapore - Singapore
National Institute of Technology - Tiruchirappalli
National Institute of Technology - Surathkal
St Francis College for Women - Hyderabad
St Stephen’s College – New Delhi
H R College of Commerce & Economics - Mumbai
Shaheed Sukhdev College of Business Studies - New Delhi
Shri Ram College of Commerce - New Delhi

The YLP Advantage

Candidates selected into the YLP are required to complete one year and nine months of work experience before they join the ISB’s Post Graduate Programme. During the pre-PGP period, all students will be mentored by ISB faculty and senior management through a structured learning process. This will equip the students to develop their individual leadership skills, expose them to diverse career options, network and build relationships with like-minded YLP peers and ISB alumni. Further, they will also get multiple opportunities to interact with various ISB stakeholders, attend seminars, workshops at the ISB and interact with international students, business and academic leaders, from across the world. They will also have access to the rich learning resources available on campus. In short, they will get an insight into the ISB way of life.

They will be awarded a scholarship of Rs. 1 lakh each at the time of joining the Post Graduate Programme. This is in addition to the regular merit, need and corporate scholarships that all PGP students are eligible for.

Selection Process
The YLP is a ‘bridge’ programme for pre-final year college students interested in making an early move into leadership positions. Admissions are now open for the next round of YLP. To be considered for admission, an applicant must be in his/her pre-final year of graduation. The selection process has three stages:

Stage 1

Stage 2

Stage 3

All applicants are required to submit:

All academic details and achievements till date
Extra-curricular interests and achievements
One essay
A 90-second video
A one page résumé
Application fee of INR 1,000

Candidates shortlisted from Stage 1 will be required to submit:

GMAT score
Three essays
Two evaluations

A final short-list will be announced and all the short-listed candidates will be invited to the ISB campus for the final selection process which will include an interview

About the ISB:

For further information, please contact:

Sriram Gopalakrishnan
Director – Marketing and Communications
Indian School of Business
Tel.: 939 456 8030
E-mail: Sriram_gopalakrishnan@isb.edu
www.isb.edu

ISB LAUNCHES 'PROPERO' TO HELP ENTREPRENEURS GET FUNDING- News, ISB LAUNCHES 'PROPERO' TO HELP ENTREPRENEURS GET FUNDING- Indian School of Business (ISB)

Thu, 01 Dec 2011 16:43:40 GMT

• Invites applications (investment profiles) from start-up and growth stage entrepreneurs
• Entrepreneurs can pitch for up to 5 Crore of equity financing or 1 Crore of debt financing
• Over 40 leading investors (VCs/ Angels) and banks to participate

Hyderabad, December 1, 2011: The Indian School of Business (ISB) today announced the launch of Propero, a unique initiative that provides a platform for start-up and growth stage entrepreneurs from all over India to raise equity or debt financing. The event, scheduled for February 24-25, 2012 at the ISB campus, will provide Venture Capitalists, Angel Investors and Bankers access to high quality, scalable business plans from various sectors.

Propero 2012 will build on the resounding success of the inaugural edition last year, where 30 leading investors such as Indian Angels Network, Mumbai Angels, Hyderabad Angels, Helion Ventures, Venture East, SIDBI ventures, Ojas Venture Partners, DFJ, Clear Stone, Indo US Ventures, Nexus ventures, Peepul Capital, Canaan Partners among others had participated. Specifically, in Propero 2012 the investor community is being expanded to also include Banks who finance entrepreneurs through Credit Guarantee funds, apart from the Angels and VCs. Apart from 30+ VCs/ Angels, over 10 leading Banks including IDBI, Bank of Baroda, Andhra Bank, SBH, SBI, Union Bank have already confirmed their participation. Further, the platform is now open to the larger community of Indian entrepreneurs. Few of the leading Angel networks will be part of the mentoring the entrepreneurs.

Propero 2012 is being jointly hosted by the ISB’s Centre for Entrepreneurship (WCED) and Centre for Investment. The Credit Guarantee Trust for MSME (CGTMSME), Government of India is the ‘Knowledge Partner’.

Eligibility Criteria
To participate in Propero 2012, the venture MUST be:
• A registered business (not just an idea)
• Be an India-based registered entity
• Be in existence for at least 6 months as on December 20, 2011
• Be a venture with a clear-cut offering that is defensible
• Innovative in operations, product or service, or marketing
• Has gained some traction (customers, markets, prototype, etc.)

Timelines
The last date for Entrepreneurs to submit their investment profiles is December 20, 2011. The final one-on-one presentations to the investors/ bankers will be held during February 24-25, 2012 at the ISB campus, Hyderabad.

More information about ‘Propero 2012’ is available on http://www.isb.edu/propero/

About Wadhwani Centre for Entrepreneurship and Development (WCED), ISB
WCED aims to enable enterprise creation and growth across the country by fostering the necessary social, cultural, and political context and framework conditions that not only create opportunities for but also builds the capacity for entrepreneurship. In order to achieve this one of the approaches that the center has adopted is to disseminate knowledge and connect ideas, practices, and people in the ecosystem through shared platforms.

About the Centre for Investment, ISB
The Centre for Investment at the ISB pursues a broad mandate, and aims to assist investors who specialize in venture capital, private equity and public equity. Across domains, the centre's research and related activities aim to increase portfolio returns by investigating and recommending best practices in asset allocation across equity, fixed-income and commodity asset classes, as well as among alternative investments. The centre also examines and disseminates knowledge pertaining to the investment frameworks underlying passive investing, the endowment model, valuation-based and shorter-term trading approaches.

About the Indian School of Business (ISB)
The ISB was established in 2001 with an aspiration to put India on the global map of management education. In less than a decade since its inception, the ISB has successfully pioneered several new trends in management education in India, and firmly established itself as a world-class management institution. In 2008, the ISB became the youngest institution to be ranked among the Top 20, in the Global B-school Rankings by the Financial Times, London, and since then has been ranked consistently among the top B-schools globally. The ISB today has a strong pool of research-oriented resident faculty and invites high calibre international faculty from reputed B-schools to teach in its Post Graduate Programme in Management (PGP), Post Graduate Programme in Management for Senior Executives (PGPMAX), and Executive Education Programmes. In addition to teaching, the visiting faculty also participates in collaborative research with the resident faculty. The school has over 3500 PGP Alumni and 13,000 Executive Education Alumni making an impact on business and society across the world. The ISB is in the process of setting up its second campus in Mohali, Punjab, which in addition to the current programmes, will also have specialist institutes for promoting research and education in areas critical to India’s development. The Mohali campus is slated to be operational from April 2012. For more information, visit www.isb.edu.

For further information, please contact:
Sriram Gopalakrishnan
Director – Marketing and Communications
Indian School of Business
Tel.: 939 456 8030
E-mail: Sriram_gopalakrishnan@isb.edu
www.isb.edu

ISB BECOMES SOUTH-ASIA'S FIRST BUSINESS SCHOOL TO EARN AACSB ACCREDITATION- News, ISB BECOMES SOUTH-ASIA'S FIRST BUSINESS SCHOOL TO EARN AACSB ACCREDITATION- Indian School of Business (ISB)

Fri, 02 Dec 2011 17:19:45 GMT

Hyderabad, December 2, 2011: The Indian School of Business (ISB) today announced its accreditation by the Association to Advance Collegiate Schools of Business (AACSB), making it the first business school in South Asia to be recognised by this premier global body. This acknowledgement by the oldest and longest serving global accrediting body for business schools implies that ISB now joins the exclusive league of the world's best business schools. The AACSB accreditation has been earned by less than five percent of the world's business schools.

Commenting on this momentous occasion, Ajit Rangnekar, Dean, Indian School of Business said, “We are delighted to have received the prestigious AACSB accreditation, which is regarded as the hallmark of excellence in business education. The AACSB is unique because of its mission-driven approach, evaluating the applying schools against peer schools with similar missions. Given our commitment to creating research-based knowledge, and developing leaders through innovative world-class programmes, we are delighted to have this robust and independent reaffirmation of our adherence to our mission.”

He further added, “We are confident that this recognition will translate into increased interest by the international community comprising of faculty, students and recruiters, and help us chart Asia’s and India’s growth as the global management education hub.”

Today Asia is increasingly being viewed as the next global management hub. Within Asia, India is emerging as a significant player owing to factors such as opening and globalising of Indian economy, massive explosion of higher education and a change in approach from being ‘inward looking’ to ‘outward looking’. Against this backdrop, international accreditation will enable Indian B-schools to strengthen their global standing and raise the quality of Indian education. With ISB being the first Indian management education institution to earn the AACSB accreditation, it aims to put India firmly on the world management education map.

Expressing happiness over the development, Adi Godrej, Chairman, Indian School of Business said: “The AACSB Accreditation is yet another feather in the cap of ISB, adding to its spectacular track record of success and growth. The fact that this external endorsement of the school’s quality has come on its tenth anniversary, makes it even more eventful. I congratulate the entire ISB community on this accomplishment. The achievement further strengthens ISB's mission to put India on the world map of top quality management education by consolidating our global position.”

Achieving AACSB accreditation is a process of rigorous internal review, evaluation, and adjustment. Over the years, ISB has developed and implemented a plan to meet the AACSB accreditation standards, which requires a high quality teaching environment, a commitment to continuous improvement, and curricula responsive to the needs of businesses.

The ISB’s accreditation by the AACSB coincides with the tenth anniversary of the school and bears testimony to its demonstrated record of growth and accomplishment since its inception in 2001. The combination of world-class faculty, cutting edge research and collaboration with world renowned global b-schools has enabled ISB to take giant strides to become the youngest institution to be ranked among the top 20 b-schools in the world. ISB’s accreditation reflects its emergence as a pivotal player which will shape tomorrow’s global management education landscape.

About the ISB
The Indian School of Business (ISB) was established in 2001 with an aspiration to put India on the global map of management education. In less than a decade since its inception, the ISB has successfully pioneered several new trends in management education in India, and firmly established itself as a world-class management institution. In 2008, the ISB became the youngest institution to be ranked among the Top 20, in the Global B-school Rankings by the Financial Times, London, and since then has been ranked consistently among the top B-schools globally. The ISB today has a strong pool of research-oriented resident faculty and invites high calibre international faculty from reputed B-schools to teach in its Post Graduate Programme in Management (PGP), Post Graduate Programme in Management for Senior Executives (PGPMAX), and Executive Education Programmes. In addition to teaching, the visiting faculty also participates in collaborative research with the resident faculty. The school has over 3500 PGP Alumni and 13,000 Executive Education Alumni making an impact on business and society across the world. The ISB is in the process of setting up its second campus in Mohali, Punjab, which in addition to the current programmes, will also have specialist institutes for promoting research and education in areas critical to India’s development. The Mohali campus is slated to be operational from April 2012. For more information, visit www.isb.edu.

About AACSB International
AACSB International (The Association to Advance Collegiate Schools of Business), founded in 1916, is an association of more than 1,200 educational institutions, businesses and other organizations in 78 countries. AACSB’s mission is to advance quality management education worldwide through accreditation, thought leadership, and value-added services. AACSB accreditation is the mark of quality distinction most widely sought after by business schools—less than 5 percent worldwide have earned the achievement. As the premier accrediting body for institutions offering undergraduate, master’s, and doctorate degrees in business and accounting, the association also conducts a wide array of conferences and seminar programs at locations throughout the world. AACSB’s global headquarters is located in Tampa, Florida, USA and its Asia headquarters is located in Singapore.

For further information, please contact:
Sriram Gopalakrishnan
Director – Marketing and Communications
Indian School of Business
Tel.: +91 939 456 8030
E-mail: Sriram_gopalakrishnan@isb.edu