People with bachelor's degrees or equivalent qualifications can apply for ISB Hyderabad. You will also need a valid GMAT/GRE score. ISB Hyderabad cutoff for GMAT is 600, and for GRE is 311.
You don’t need work experience to be eligible for the course. But having relevant experience of 2 years will certainly help your application.
To make a choice from any of the colleges, you must judge practically by calculating the net benefit for each school. This is because all the intangible aspects like brand value, networking opportunity, learning, etc will definitely manifest in the expected earning potential after the completion of your MBA.
Firstly, calculate your present earning potential by adding your ‘Current salary’ and expected increase and what is the maximum you can earn in this field (also, how many years it will take?) - Say you can reach up to X in 10 years and then it’s more or less constant.
Now, Calculate the investment for each college -
Cost / Investment = Fees + Stay + exchange program + opportunity cost (current salary * number of months)
ROI after MBA= Expected Salary ranges in the industry you want to work in. What is the maximum earning potential you can reach?
It should be more than X or if it's X in fewer years than your current state, which shows that your investment in that college will be worth it in the future. This way will definitely help you invest in the right place.
ISB PGPM is a one-year-long program. This program is better suited for students with few years of work experience. Compared to the other institutes, ISB charges a higher course fee. The total course fee for PGPM is INR 36.30 Lakhs.
The placement record of the institute is pretty good. ISB placements 2022 ended with an average CTC of around INR 34.07 LPA.
Compared to FMS, XLRI, JB, ISB is relatively new. So, it has a smaller alumni network.
The ISB MBA program has many expenses. The major cost components in descending order are
As far as the scholarships are concerned, ISB Hyderabad offers no Institute-based scholarships. Only need or merit-based scholarships are offered to almost 1 out of 3 students. But these scholarships cover only 20-25% of the total cost and the rest has to be covered through personal funding or loans.
According to ISB Hyderabad cutoff trends, a GMAT score of 710 is a safe score. You should get a shortlist for an interview with your rank. Make sure you have a good profile as well. ISB looks for well-rounded candidate profiles. So, try to make your essays and LOR perfect. Rather than just the cutoff score, ISB focuses more on the overall student profile.
Once you graduate from an institute, affiliations won’t matter. So, it would be wise to compare IIM A and ISB based on different parameters. Some of which are mentioned below.
Deciding Factors:
Given below is a brief comparison of the institutes.
|
Parameters |
IIM Ahmedabad |
ISB Hyderabad |
|
Placement Rate |
100% |
100% |
|
Average Tuition Fee (INR) |
21 |
35.98 |
|
Average Salary (INR) |
22-25 LPA |
21 LPA |
|
Highest Salary (INR) |
55 LPA |
48 LPA |
Do your own research and compare the two institutes based on the parameters given. This way, you can get a decent evaluation of the institutes.
GMAT is the only criteria for selection at ISB. The admission team checks your complete profile in terms of leadership potential, teamwork, quality of experience, etc. They also look for diversity.
The chances of a person getting admission in ISB with a GMAT score of 570 is very much hypothetical. In reality, something like this stands for an exception only. On average you will need a Mean GMAT score of 710 in order to get admission at ISB.
It’s necessary that you will be able to communicate with international professors and colleagues on and off-campus. You should be able to participate and add value to the class case studies and curriculum. Additionally, they also check if you can be able to cope up with the intense one-year program. This is where GMAT and grades fit in - it’s almost a benchmark of the academic capabilities.
Your profile has to satisfy all of these criteria for your admission. It would be a worthwhile effort to interact with ISB alumni for an evaluation of your complete profile for applying to ISB. You should be well aware as to why are you choosing to pursue MBA at the current juncture in your career.
When it comes to internships at ISB Hyderabad, there are two main types that students can pursue.
The first type of internship is through the various departments within the school. These opportunities can be found by regularly checking the websites of the relevant departments and by directly contacting them to inquire about any available internship openings.
The second type of internship is through individual professors. These opportunities are typically arranged through direct communication with the professor, although the ratio of successful applications to total applications is relatively low, typically around 50 to 1. It is important to be patient when applying for internships through professors.
If you are interested in pursuing an internship at ISB, it is important to set aside at least 3 months in order to have enough time to research and apply for the various opportunities available.
The flagship PGP course is a one-year course and thus there are no summer internships offered by ISB Hyderabad. And the students pursuing this course have an average work experience of around 5 years and a minimum work experience of around 20 months. So basically there is no need for an internship.
But there is a similar kind of program known as the Experiential Learning Program (ELP). This is a group project and they will select you if you show any interest in the project. These kinds of projects usually comprise around 4-5 people, according to the company's requirements. They make a project according to their interests and if they are selected, then they get the chance to do ELP with that company. You need to work on this project throughout your 8 terms, whenever possible, and also you have to work full time in your term breaks.
The company's manager gives feedback on your project and this remark is also included in your final year mark sheet. This is a very important project and will have a major impact in deciding your final year grade.
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