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What should I choose, ISB Hyderabad PGP, IIM-A PGPX, INSEAD, Booth Chicago, or LBS?
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.
Is it wise to choose ISB Hyderabad over IIM-A just because ISB has more foreign affiliations?
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:
- Courses offered by the institute.
- Alumni network
- Recognition of the degree in different parts of the world.
- Faculty Profiles
- Recruiting companies at campus placement
- Average salary package
- Overall placement report
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.
What is the syllabus at ISB Hyderabad for the PGP program?
The syllabus at ISB Hyderabad for the PGP program is designed in such a way that it inculcates a wide variety of courses such as micro economics, macro-economic, financial accounting, statistics, operations management, competitive strategy, corporate finance, managerial accounting to name a few.
Term 4 is a crossover term- a nice blend of the core courses and elective courses chosen by the student. You can also check the entire list of elective courses on their website which is regularly updated. Term 5 to 8 will have the elective courses selected before the term commenced.
As you move to other electives, you can choose subjects like consumer behavior, transactional analysis and modeling, digital strategies, entrepreneurship, and also a few fun subjects such as filmmaking, happiness and creativity and leadership.
There are a total of 32 programs which are included in this module of ISB Hyderabad for PGP program. This is a 100% research oriented curriculum taken care of by all the top eminent faculty from across the globe. The list of subjects slightly keep changing from one year to the next and for more details, do visit their official website.
Why should I do an MBA from ISB?
The simple answer to your question as to why you should do an MBA from ISB is because it is one of the top Indian B Schools that has made its place in globally-acknowledged QS Rankings. It achieved this rank for its 1 year MBA program and surpassed top B Schools like IIM Calcutta.
ISB Hyderabad MBA program has its own benefits and helps in uplifting your career tremendously. Given below are some major perks of pursuing an MBA from ISB
- It helps you progress better than your peers and acquire the topmost position at your firm
- It helps broaden your professional network as you interact with professionals from IITs, NITs, and lawyers.
- The rigorous schedule and campus life offer a plethora of challenges and prepare you for the toughest situations
- The hostels are not only well-built but have a relaxed ambiance. There is a level of freedom that is often lacking in the case of IIT and other institutes
- You get to associate yourself with widely famous industry experts who were once students in the same college
- The Real Capstone Projects’ at ISB facilitates industry-oriented learning and help you learn the basic know-how
- If you have less time on hand and want to achieve maximum results in a short period of time this 1 year MBA program is perfect for you.
ISB Hyderabad is literally an alternative to Stanford University and a very good choice for someone who wants great results within a year.
How is ISB Hyderabad?
ISB Hyderabad is one leading B Schools in the country and It was ranked number one in India and 44 globally in the top 100 Financial Times (FT) Executive MBA 2022 ranking.
The PGP program is the only full-time program at ISB Hyderabad and requires a work experience of a minimum of 2 years. ISB has 2 campuses namely Hyderabad and Mohali. You aren’t allotted any specific campus but get to experience campus life at both in a balanced manner. Even the placements are neutral and are held in one place only.
A major highlight of ISB is its Career Advancement Services Department which aims at attracting the best roles on campus. It brings in top firms like
- MS
- FB
- MBB
- ATK-Deloitte-PWC-E
- Amazon
- Accenture
Another major highlight is the visiting faculty that comes from world-class universities like Wharton, Kellogg, and Duke. These comprise 50% of the total faculty on campus and raise the standard of education at ISB through excellent pedagogy. Almost every faculty member is a Ph.D. holder and is required to publish a given number in international journals, regularly.
Compare these areas with other B Schools and then make your decision.
How do I get into the ISB Hyderabad? Is 2+ years of experience enough for that?
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.
Can any ISB Hyderabad alumni share his/her experience and academic qualification along with his/her GMAT score?
One of my friends is an alumnus of ISB Hyderabad from the class of 2010. Before MBA, he had four years of experience in a law firm and credit rating agency. Academically he had pursued LLB after being a B.Com graduate. His GMAT score was 740.
He was called for an interview at the Taj Land's End Mumbai. There were two interviewers in the panel among whom one was an alumnus of the institute.
Here are few questions asked to him during his admission interview:
- Work profile.
- Puzzle related to logical analysis.
- Questions on SEBI and financial regulatory framework.
- Discussion regarding the Subprime crisis and the role of rating agencies.
- Rate your performance in this interview on a scale of one to ten.
Overall, the experience was amazing. It was a cordial discussion with a relaxed atmosphere. He was put at ease throughout unlike what people generally expect.
Can we get admission in ISB Hyderabad through a recommendation?
The straight answer is no, you can’t. Also, there is no cutoff system, it all depends on which field you belong to. For example, average GMAT scores may be higher for Indian IT Male because of the competition but relatively less for say artists (Since the number of artists applying is lower).
However, you can check the proper admission procedure for various courses in ISB Hyderabad here.
For PGP:
Selection criteria- GRE/GMAT (TOEFL / IELTS / PTE score required only if the language of instruction at the undergraduate study level was not English)
Eligibility-
- You must hold a bachelor's degree or equivalent in any discipline
- You must have at least 24 months of full-time post-qualification work experience as of March 31 of that year.
For PGPPro:
Selection Criteria- Application-based
Eligibility-
- You should have a bachelor's degree or equivalent qualification in any discipline. An equivalent qualification will be determined by the Admission Committee of the program and will include the likes of CA, ICWA, etc.
- You should possess a minimum of 5+ years of full-time work experience.
For PGPMAX:
Selection Criteria- Application-based
Eligibility-
- You should have a bachelor's degree or equivalent qualification in any discipline. An equivalent qualification will be determined by the Admission Committee of the program and will include the likes of CA, ICWA, etc.
- You should possess a minimum of 10 years of full-time work experience as of the date of submitting the application (desired experience is closer to 15 or more years).
For FPM:
Selection Criteria- GMAT / GRE / CAT / GATE / JRF ( TOEFL score report, for applicants whose language of instruction at the undergraduate level is not English )
Eligibility-
- You must hold a university degree from an accredited academic institution. Applicants typically should have an undergraduate/postgraduate degree in areas such as business, economics, engineering, computer sciences, mathematics, physics, or the arts.
For EFPM:
Selection Criteria- Application-based
Eligibility-
- You must hold a university degree from an accredited academic institution. Applicants typically should have an undergraduate/postgraduate degree in areas such as business, economics, engineering, computer sciences, mathematics, physics, or the arts. An MBA or business-focused master's degree is a plus but not mandatory.
- You must have exceptional verbal communication and written skills
- 8+ years of professional working experience
For MFAB:
Selection Criteria-Business Aptitude Test (BAT)
Eligibility-
- Bachelors' Degree or an equivalent qualification (like CA, etc.) Applicants should have completed graduation during the submission of the application.
- Nowadays they have made work experience mandatory. However, ISB believes that an experience of 2-3 years will be valuable for you.
Although your scores and performance matter the most, ISB also judges you on the basis of Leadership potential, Diversity, and Academic Credentials.
Does age (30 and above) matter for MBA from ISB Hyderabad and latter on the placements?
If you are above the age of 30 and applying for a job or a graduate program, it is expected that you have a certain level of experience. To be successful in the interview process, it is important to demonstrate maturity and communicate effectively, highlighting the unique value that your experience brings to the table. Recruiters often look for candidates with experience and may be more likely to overlook younger applicants with less experience.
In the case of ISB, many companies that recruit on campus are looking for candidates with 5+ years of work experience. Therefore, if you are a 24-year-old with 2 years of work experience, you may face more competition for certain positions. It is important to research the types of companies and positions that you are interested in and to consider whether your experience aligns with the needs of those companies. This is known as "school research" and it is important to do it before applying.
In summary, when applying for a job or graduate program, it is important to have a clear understanding of the expectations of recruiters and the types of positions you are interested in. By doing research and understanding the needs of the companies and positions you are applying for, you can tailor your application and interview to align with those needs and increase your chances of success. Think logically and don't have expectations without a clear trail of thoughts.
What are my chances of getting into ISB, Hyderabad?
I have no information about your profile and cannot define your exact chances of getting into ISB Hyderabad. The selection process includes aspects like
- Work experience: ISB Hyderabad admission requires the candidates to have at least 2 years of work experience. In case you have no work experience, go for YLP admission and then join after 2 years.
- GMAT score: You should have a competitive GMAT or GRE score to make it into ISB Hyderabad.
- Extracurricular background: ISB Hyderabad focuses a lot on your extracurricular background and offers decent weightage to it.
- Admission essays: Your admission essays should be convincing enough for the ISB Hyderabad admission team to save a seat for you
- Interview: The last factor that determines your admission is the interview which evaluates your personal attributes.
Since you have no work experience, aim for a higher GMAT score and add extracurricular skills to your profile to increase your chances of admission.
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