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How good is IIM Lucknow as compared to IIM A, B, C, and ISB for Consulting and Network Building?
In India, IIM Lucknow is worth far more than ISB, particularly in MNCs and finance/marketing jobs.
The talk of a consulting and network-building pedigree revolves more around their flagship PGPX program and their tentacles in Microsoft and Cisco, both of which recognize the limited role of an MBA in their industry and provide well-defined jumps to ISB graduates back on campus. In the last 2-3 years, IIM Lucknow has done fairly well in global placements, and the sky is the limit for the right student.
It is clear that your decision should be motivated by your prospects of performance at either campus and should be carefully considered.
It is true that those who can balance pressures and perform consistently have an advantage when it comes to placements on campus. Also, mobility in the industry should matter without the help of your b-school label and should be about your performance on the job in making friends. Students from each campus meet everyone on an equal footing in the industry.
Only if you accepted a different field in your campus placement or were assigned a backroom job will you face unequal pressure, as neither pedigree allows you much mobility.
Can I get into ISB Hyderabad with a 315 GRE( Q - 163, V - 152, AWA 3.0)?
To determine your eligibility for admission to ISB Hyderabad, the GRE score is a crucial factor to consider. It is recommended to check if your score falls within the range of scores of previously admitted students, which has been approximately between 311 to 335.
If your GRE score falls within this range, it's important to reflect on whether your score is the best that you can achieve, and if a retake may lead to an improvement. In addition to the GRE score, there are other important factors that will be evaluated to determine your admission to ISB Hyderabad. These include:
- Your academic profile. As the academic program at ISB is rigorous, it is important to consider if your previous academic performance indicates that you would perform well in the program.
- Your work experience. The quality of work experience you bring to the program is important in evaluating if an MBA education would add value to your career and if you would be able to make valuable contributions in class.
- Your future plans. This is an important aspect that is considered when evaluating your candidacy to determine if ISB would be the right fit for you.
- Your personal and professional characteristics. Your personal and professional attributes and achievements, including any data points that highlight your competitiveness, will be considered as part of the evaluation process.
It is important to keep in mind all of these factors when determining if your GRE score is sufficient for admission to ISB Hyderabad.
What kind of placements do lawyers get after an MBA from ISB Hyderabad?
My friend is both an LLB and a company secretary. She graduated from ISB Hyderabad a few years ago and was offered a plethora of opportunities in both legal and non-legal positions. She claims the placement scenario to be beneficial. She was interviewed by 4-5 recruiters and received offers from 2 of them. She had also applied to a boutique I-Bank in Singapore and was offered a decent position there. All these clearly state the versatile opportunities a lawyer can get after doing an MBA from ISB Hyderabad.
My friend finally opted for a management consulting firm on campus. Her work revolved around the legal and financial structuring of infrastructure projects. Soon after she left the job and became a CEO of a hospital. She finally settled with her own private Legal Practice and today she helps people and companies with their legal problems. The conclusion from her career journey is that a lawyer has many opportunities post-MBA. All he needs to do is make the best out of each.
What is the average salary package at ISB Hyderabad?
ISB Hyderabad has a strong track record of successful placements. As of the current placement drive for the PGP batch of 2023, a total of 1578 offers have been made, including 36 international offers, with an average package of INR 34.21 LPA. Additionally, over 14% of the offers were for leadership and general management roles.
The average salary for the mid-80 % of students was INR 32.76 LPA, which is a 20.8% increase from the previous year. The placement drive saw participation from 393 recruiters, with notable companies such as Axis Bank, KPMG, Wipro Ltd, and CK Birla Group among them.
Is a two-year work experience compulsory for admission to ISB Hyderabad?
To secure an admission offer at the Indian School of Business (ISB) Hyderabad, the Young Leaders' Program (YLP) and the Early Entry Option (EEO) are excellent choices for students who want to secure their admission early on in their careers. Both programs are available for students in pre-final and final years of college, provided they meet the admission criteria, including a bachelor's or master's degree, a valid GMAT or GRE score, a completed application form with essays, a professional evaluation, and an interview.
Having an ISB Hyderabad admission offer can greatly benefit students when it comes to corporate placement opportunities. An admission from ISB showcases the student's high potential and can lead to better negotiations with their organization for funding or a sabbatical for their studies. Additionally, companies can target "young leaders" and rotate them through various leadership programs, leading to a win-win situation for both parties.
However, it's important to note that admission is deferred until the student has at least 2 years of work experience, which ISB considers necessary for the student to fully benefit from the program. This is because ISB's case-based study modules and peer group, with an average of 4-5 years of work experience, make work experience a crucial factor in admission. Companies also place significant importance on a student's past work experience when recruiting from ISB. Thus, having a minimum of 2 years of work experience ultimately benefits the student.
Is the ISB in Hyderabad any good for an MBA, or is any university in the USA better?
ISB is not limited to Hyderabad only but has a second campus at Mohali too. Anyways comparing an Indian school with a US school is outright illogical and unjustified. ISB Hyderabad’s ranking speaks of its own worth as it stands in the 27th position in FT Rankings. The Financial Times rankings are one of the highly esteemed rankings and only a few top Indian B Schools have been able to make it there.
Comparison of ISB Hyderabad with the US B Schools cannot be done vaguely and proper parameters should be defined. Going through the FT Rankings might clarify your doubts regarding other B Schools and which one to choose.
ISB Hyderabad is a world-class Indian B School in the sense that it offers the following unique facilities
- The duration of the MBA program is 1 year in contrast to the 2 years duration of the MBA program at other B Schools.
- The institute offers a Global MBA degree in India
- The visiting faculty is top-notch, consisting of big names from foreign universities like Wharton, Harvard, LBS, and Kellogg.
- The placement scenario at ISB Hyderabad is excellent
- The peer group has students from diverse backgrounds
- The institute offers an enriching research culture to research enthusiasts
All these make ISB Hyderabad one of the most coveted B Schools in India.
Is it worth doing a dual MBA from ISB, Hyderabad?
I am assuming that by dual MBA you are referring to the PGP program offered at ISB Hyderabad that allows you to specialize in 2 majors. You can either choose one concentration area and one industry course or both concentration areas.
This program is definitely worth it as it provides a lot in a limited time. But I am not exactly aware of what you are expecting from this program so I cannot say with certainty whether this course will be worth it for you or not. What I am certain is that ISB Hyderabad has
- Excellently knowledgeable faculty
- Diverse peer groups
- Strong alumni network
So you need to understand your own goals and inclinations to determine the institute's worth.
Does the ISB Hyderabad offer a PGDM or an MBA for a undergraduate having less than 24 months of work experience?
Yes, ISB Hyderabad offers an MBA program for an undergraduate with less than 2 years of work experience through these 2 options.
Young Leaders Program: This program is eligible for students who are pursuing Bachelor’s or Master’s education. To be eligible for this program, students need to take either GMAT or GRE. However, GMAT or GRE is not the only criterion in the selection process.
The pedagogy comprises on-campus and online learning modules that are finally integrated into the flagship PGPM program.
Early Entry Option: This option is for the ones who have completed their graduation but haven’t gained any experience yet. The eligibility criteria include sufficient GRE or GMAT scores. However, the admission, in this case, is deferred subject to the condition that the student completes 2 years of work experience if selected. This means if he gets selected, his admission is guaranteed after 2 years of work experience.
These are the 2 options available at ISB Hyderabad for those who have less than 2 years of experience.
I am working in a public sector bank for the last 8 years. What are my chances to grab a seat in ISB Hyderabad based on my profile?
To secure admission to ISB, having relevant work experience in a non-engineering background can work to your advantage, as it offers diversity in the applicant pool. However, having a solid resume that highlights your achievements and performance over the past 8 years is equally important.
The admissions committee places significant emphasis on the resume in the selection process. In addition, a strong GMAT score can also be a factor in your favor. To increase your chances of being admitted to ISB, focus on both your resume and GMAT preparation.
Does ISB Hyderabad accept final years for the YLP program, or only pre-final years?
Yes, ISB Hyderabad accepts final-year students for the YLP program. This program is also known as the Deferred program.
Like any other admission, this program also grants access to the MBA program. The only exception is that this admission is granted 2 years in advance. So it’s suitable for students who are still in college. The reason for giving 2 years time is to make sure that the students work and gain experience for 2 years. Only then will he be officially eligible for the ISB Hyderabad MBA program.
Eligibility
Anyone who is in their final year of study can apply for this program. These include
- Candidates from bachelor's degree programs
- Candidates from joint bachelor/graduate degree programs
- Candidates from graduate degree programs who have not held a full-time work position.
Admission Process
The admission process for the YLP program requires the candidate to have
- GMAT/GRE score
- IELTS/ TOEFL (only in case your native language is not English)
- 2 Letters of Recommendation (1 from an academic instructor and 1 from your employer)
- Your current updated resume
- Statement of Purpose
The candidates who are successfully screened through the above process are invited for a personal interview that is either offline or online via Skype. Once you complete both rounds successfully, you are granted pre-admission to ISB Hyderabad.
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