Course | Fees | Eligibility | Application Date | Action |
---|---|---|---|---|
PGPM | ₹39.26 Lakhs (Total Fees) | Graduation + GMAT | 3 Dec 2023 | |
Certification5 Courses | ₹10.2 Lakhs - 13.86 Lakhs (Total Fees) | Graduation | 21 Jan - 10 Mar 2024 | |
PG Program1 Course | ₹42.13 Lakhs (Total Fees) | Graduation | 21 Jan - 10 Mar 2024 | |
PG Program | ₹41.78 Lakhs (Total Fees) | Graduation | 21 Jan - 17 Mar 2024 | |
Executive | ₹47 Lakhs (Total Fees) | Post Graduation | 22 Jan - 15 Feb 2024 |
Course | Fees | Eligibility | Application Date | Action |
---|---|---|---|---|
PGPX1 Course | ₹31.96 Lakhs (Total Fees) | Graduation | 21 Jan - 17 Mar 2024 |
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College | Avg Fees/ year |
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IIML - Indian Institute of Management, Lucknow | ₹1037500 |
IIM Bangalore - Indian Institute of Management, Bangalore | ₹1225000 |
IIMA - Indian Institute of Management, Ahmedabad | ₹1250000 |
IBS, Hyderabad | ₹801000 |
IIMC - Indian Institute of Management, Kolkata | ₹1350000 |
SP Jain [SPJIMR], Mumbai | ₹1566667 |
FMS Delhi Faculty of Management Studies, New Delhi | ₹100000 |
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My answer is going to be extremely biased as my sister has been a victim of ISB Hyderabad’s high fees and poor placement opportunities. This answer is meant to shed some light on this issue.
ISB Hyderabad MBA fees are currently INR 41,98,000 (plus GST) while the batch size is around 900. The Institute has failed to cater to the huge batch size and has witnessed a decline in the quality of education and placements in ISB Hyderabad.
The best roles are very scarce and are given only to the students with the top grades. Others end up with below-average packages. As far as the specialization is concerned, Finance jobs are almost non-existent at ISB Hyderabad. Consulting is one of the leading domains here and the top 3 firms do visit the campus. But the number of roles offered by them is not enough for the huge batch.
The other roles offered are mediocre and not at par with the hefty fees 900 students have paid. They expect better packages and after realizing the actual scenario feel wronged.
ISB Hyderabad MBA is not suitable if
So we can safely conclude that ISB Hyderabad is an overrated Institute and its rankings are misleading. The reality of the institute begs to differ.
You cannot logically compare US B Schools with ISB Hyderabad considering the difference in the quality of peer ground and overall education.
To give a better understanding, compare the ROI of both the B Schools. ISB Hyderabad MBA fees are around 24-28 Lakhs per year and considering the placement scenario, you cannot get a package of more than 15-18 Lakhs. On the other hand, the average fee of a US B School is around 120-200k Dollars and the salary one can expect from a B School is 120k. The ROI in the latter case is much better.
However, these ROI calculations have overlooked one part. As an International student, you'll need a job with a firm that sponsors h1b visas. This reduces 70% of coveted jobs. Now the hunt for a suitable job is tougher and you have to also hope that you win the h1b lottery. If you are unable to do so you might end up in India with a heavy loan of 80-90k Lakhs with an average salary of 15-20 LPA.
So we can say that US B Schools are always the better option than ISB Hyderabad but the risks involved are tenfold.
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
ISB Hyderabad is literally an alternative to Stanford University and a very good choice for someone who wants great results within a year.
When choosing a B.B.A program, it is important to consider the quality of the program and what it offers compared to other universities. IBS Hyderabad offers a strong B.B.A program that stands out in comparison to other universities such as GGSIPU, Amity, and Christ.
In the final year of the 3-year B.B.A program at IBS Hyderabad, you have the advantage of choosing from streams including Finance, Marketing, HRM, Entrepreneurship, and IT, flexibility not offered in the BBA program at IP University.
The cost of the B.B.A program at IBS Hyderabad is approximately Rs 5,80,000, which is similar to what other universities charge. Additionally, IBS Hyderabad offers scholarships based on academic performance. For example, students who score more than 90% can receive a scholarship of Rs 75,000.
The placement statistics for BBA Graduates from IBS Hyderabad are strong, although these placements are primarily for graduation purposes and not post-graduation.
If you are interested in exploring other opportunities after completing your B.B.A, you can read more about your options.
Before commenting on the admission fee, let me tell you the difference between the admission fee and the total expense of pursuing an MBA from ISB Hyderabad. Admission fee refers to the minimum expenses within 15 days of getting the admit offer.
Particulars |
Fee (Rs) |
Admission Fee |
2.50 Lakhs |
Tuition Fee |
24.54 Lakhs |
The above is not inclusive of Electricity charges, Laundry charges, and eating/ recreation expenses. All of this includes accommodation, food, and all course-related material. Travel costs from your home location to both the ISB Campuses and International location are not included.
Some of the other expenses are as follows:
The tuition fee is payable in 4 equal installments over 12 months. These expenses may change over the course of the degree because of the program fee being revised by the ISB. Also, keep in mind that you might need to purchase laptops and other electronic aids recommended by the program office.
ISB Hyderabad is known for its lack of specialization in Finance. It’s a common understanding now that even if one is preferring ISB Hyderabad for admission, they know that they should go for anything but Finance. Studying some aspects will give you a deeper insight as to why MBA in Finance from ISB Hyderabad is not recommended.
Faculty: Although the visiting faculty is quite decent, it’s the domestic faculty that has ruined the culture at ISB. They are arrogant, pathetic, and extremely incapable. They insult the students regularly and disturb student-teacher relations.
Placements: The roles offered in Finance were below average like Operations, Sales, and BD roles. Such roles were offered in abundance by the banks or start-ups. However, the superior roles like IB/PE/VC/M&A/FP&A/Equity Research/Credit Rating/Asset Management/TAS were offered scarcely. For instance
So the best roles were offered limitedly while the batch size stood at 900. Most students ended up with unsatisfactory placements. Now you can decide whether or not to join if you are confident to face the placement scenario.
My answer is based on my sister’s comparison therefore is brutally honest and objective. Some people might still be praising the Business Analytics course but trust me it’s their see efforts to increase its market value only.
I personally am here to convince you against the Business Analytics course. My sister was a student in the same program and even after relentless efforts for 1.5 years, the results were nowhere near expectations. In Fact, she suffered throughout the course and her career was affected a lot in the process. The following points strongly support my opinion and might convince you of the same
Poor quality and substandard faculty who keep changing their rules
If you are really keen to pursue your career in Business Analytics, choose one area in analytics you want to specialize in and pursue that specific area only. For instance, you can choose a Big data or Machine Learning course and go through their concepts and look for jobs and internships in that area specifically. This is a faster and much more focused way rather than joining the CBA program.
It is important to note that the Indian School of Business (ISB) does not offer a specific course structure that trains students to become Human Resource Managers. The Post Graduate Program in Management (PGP) at ISB is a general management program that covers various aspects of business, including human resources. However, the Fellow Program in Management does have an area called Organizational Behaviour and Strategy which is closely related to Human Resource Management.
While at ISB, students have the opportunity to take subjects related to human resources such as Strategy and Leadership, Entrepreneurship, Healthcare, Public Policy, and Strategic Performance Management. Additionally, ISB hosts a 2-3 day program for executives that focuses on linking human resources with business strategy. However, this program cannot be considered a specialization.
If you are specifically looking to specialize in Human Resource Management, you may want to consider other business schools such as the Indian Institute of Management, Bangalore, XLRI Jamshedpur, Xavier Institute of Management Bhubhaneshwar, or Xavier Institute of Social Service Ranchi, which offer full-time courses in Human Resource Management. Additionally, there are short certification programs offered by organizations such as Talent Management Institute, HR Certification Institute, Society for Human Resource Management, and Human Capital Institute, which could be a good option for working professionals looking to change their field of work or add HR credentials to their CVs. These programs are also cheaper than regular full-time courses.
The ISB routine is rigorous, with a heavy workload and limited time to complete it. You will have class quizzes every week and exams every fortnight, in addition to other extracurricular activities and assignments. However, once you become accustomed to it, you may find that you enjoy the challenge.
It is important to have decent academic skills, as evidenced by a GMAT score in the range of 600 to 770, but it is also important to note that your performance in class quizzes, assignments, and other activities also plays a role in determining your grade. If you are considering applying to ISB, it is important to focus on your application and not let the rigorous routine discourage you.
Yes, EY GDS does offer an MBA at ISB Hyderabad. But if we talk about its worth, it’s a debatable issue. My friend has been with the firm for nearly 2 months and has a lot to say about the course. Some major pros and cons below will help you make a wiser decision
Pros
Cons
Make your decision after weighing the pros and cons only.
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