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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.
Can I get into ISB Hyderabad with a CGPA of 7.0 ? I am a male, nonengineer with 94% in both 10th and 12th class.
The PGP Program of ISB Hyderabad admission criteria is as follows
- 2+ years of work experience
- A graduation degree
- A valid GMAT score
These are just eligibility criteria and do not guarantee admission into ISB. The ISB Hyderabad admission criteria is unpredictable and might be challenging for many. Someone with an average profile but a great GMAT score can get admission so does someone with an average GMAT score but a great academic profile can. But there are certain aspects you can work on to increase your chances of admission. Some of them include
- Academics: Your past academic records along with the GMAT scores determines your academic profile and your capability to cope with the rigor of the ISB Hyderabad PGP program.
- Work experience: Your essay and CV will speak of your work experience and achievements in the field
- Clarity of goals: The panel of interviewers analyzes if you are certain of your career inclinations and have set attainable goals. They definitely ask you the reason you choose MBA and specifically from ISB Hyderabad.
- Diversity: Your diversity matters a lot here as ISB Hyderabad is coveted by a pool of genius minds and there should be something that sets you apart from them.
- Leadership skills: The personal interview and your manner of communication speak of your leadership skills. The interviewers will judge if you are capable of being a future leader or not.
- Communication skills: Your essay will particularly evaluate your communication skills as to how well you can communicate your emotions and ideas.
All these points will help you improve if not guarantee your chance of admission to ISB Hyderabad. The aspects you are weak at can be compensated by other aspects. Try to maximize your potential in each of these areas and you are good to go.
Do you think ISB Hyderabad charging 30+ Lakhs as fees for an MBA is justified given the fact that the institute is not approved by AICTE or UGC?
Before I share my sister's experience let me clarify something. Corporations do not care if the Institute you pursued MBA from is AICTE or UGC approved or not. They consider MBA degrees as diplomas and titles attached to the candidates for namesake only.
My sister wanted to become a professor at a university. In that light, she cleared NET and applied to DU. But they did not accept her as she did not have an MBA degree. They suggested she get one from a prestigious B School like IIM Ahmedabad. She right away changed her mind about becoming a university professor. So from her experience, we can derive the following conclusions
- Even the top IIMs don’t grant degrees but diplomas. The fact that they are AICTE-approved or not rarely matters. It’s just the name of the Institute that matters.
- If you are inclined towards a profession that requires a degree or recognition from top B schools like IIMA, only then the degree and the institute's worth become important. Most recruiters don’t care if the institutes are recognized by AICTE or UGC or not.
So look at other factors while considering if the high fees are worth it or not rather than the Institute’s accreditation.
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.
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.
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.
How long does it take to repay a loan of around 35 lakhs after doing a PGP from ISB Hyderabad/Mohali? Is it worth it?
To calculate the approximate time it will take to repay a loan of around 35 lakhs after doing a PGP from ISB Hyderabad or Mohali, let’s assume some numbers. That will make the calculation easy to understand.
Rate of Interest: 9.50%
Term of the moratorium: Duration of the course where you just pay the interest.
Loan repayment tenure: 7 years post moratorium period
EMI: Rs. 57,203.93
An EMI of INR 57,203.93 means a monthly salary of around INR 150000 or an annual package of INR 27 Lakhs is required. If you are confident that you will get placed with a similar package and can repay the loan easily go for it. One relevant thing you should consider is whether the knowledge you gained throughout the course is worth it afterward or not. I think only 35-40% of one’s salary should be used in repaying the loan. But that does not seem to be the case here. So in my opinion pursuing a higher education course won’t necessarily benefit you. In contrast, it may become a major issue due to the repayment of loans.
I want to study in ISB, Hyderabad. What are the things I need to work on, apart from GMAT, to be eligible for admission?
The eligibility criteria for ISB Hyderabad admission is
- Undergraduate degree or a degree equivalent to it
- A TOEFL Certification
- 2 or more years of work experience
- A very competitive GMAT score (around 660)
These are the factors that are necessary to get an offer from ISB Hyderabad. There are a few additional factors that might increase your chances of admission. These include
- Writing excellent essays
- Your achievements in your work life
- Your social worker
Working on the above factors can compensate for your low academic background or any other shortcomings in your overall profile.
Does EY GDS offer an MBA at ISB Hyderabad?
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
- You get to interact with geniuses and gain excellent experience.
- You are a way ahead of your peers and get a spike in promotion
Cons
- The course is generally taken up by girls who want to postpone their marriage on the pretext that they are still studying or boys who have no clue what to pursue. So the peer group is of substandard quality.
- EY has recently made changes to the course and customized it to suit one’s needs. This sort, of course, is not worth the hype.
- Campus life is extremely hectic as you have to manage your course assignments alongside working on EY client engagements.
- The course has hefty fees
Make your decision after weighing the pros and cons only.
Can I do a second MBA from ISB after around 2 years of work experience and my first MBA from a Tier II institute?
There is literally nothing that is stopping you from doing a double MBA. Many students are not satisfied with the brand value or outcome of their first MBA degree and might opt for a double MBA from a better B School with clearer goals.
But if you are doing so, make sure you have a credible story up your sleeve to explain why you need a second MBA.
- They might ask what you learned from your former MBA
- Why you need a second MBA
- Are you doing the second MBA merely for the ISB tag
Prepare such questions well and ponder on the real reason why you are found for another MBA. Rather than a hasty decision, you can also wait for a few years and see if a second MBA is really necessary.
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