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Is it worth spending 30k to join GMAT coaching at Crack ISB Hyderabad?
Yes, it certainly is worth paying a hefty fee of 30k for GMAT coaching at Crack ISB Hyderabad. The quality of trainers and the certainty of admission is what draw the candidates here. While there are many institutes that specialize in training for the CAT, very few institutes offer training for GMAT.
Crack ISB Hyderabad has many features that have made it so popular and demanding among GMAT aspirants
- The peer group is a productive and effective group discussion is possible
- The institute gives the admission essay reviews free of cost while most institutes charge around 20-25k
- The quality of editing is much better at this Institute mainly because the faculty comprises alumni of top B Schools
So it’s better to pay more for quality education than pay less or the same for substandard education. But remember an Institute can just prepare you for your entrance exam. It’s upon you to put in maximum effort and achieve your goals.
What is the current procedure for selection in ISB (Hyderabad or Mohali) in EEO (early entry option)?
ISB Hyderabad's selection criteria lay great emphasis on Work Experience. The candidates are preferred and differentiated based on this aspect a lot here. To overcome this problem, ISB Hyderabad has come up with an Early Entry Option wherein candidates with little or no work experience can freely be evaluated on the basis of their academic performance, leadership potential, and personality attributes. Some highlights of the selection process of an Early Entry candidate are
- The early entry applicants will have to in turn showcase their skills and capability by putting forward their goals, their prior achievements, and experiences, and why they are pursuing an MBA. An early-entry applicant has no work experience so his reason for MBA should be backed by strong goals.
- Because your academic performance will be the major criterion of evaluating your profile, each and every aspect of the same will be checked thoroughly. Any flaws can pose a problem to your admission.
- For an Early Entry applicant, his interview round is the most crucial as his personal attributes need to be evaluated which can be done through the interview only.
The best thing an Early Entry applicant can do to increase his/her chances of admission is to get involved in extracurricular activities or get additional certificates and prepare best for the interview
Which is best -MBA in finance from ISB Hyderabad or top IIMS A/B/C?
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
- only 10 FP and A roles were allotted that too only to CAs
- Only one Investment banking role was offered by Barclays
- Only 5 PE/bc roles were offered and there was a strong preference for a prior IB/PE/VC experience and IIT undergraduate background.
- One M and A role was offered only
- 4 Asset Management and zero Equity Research and Credit Rating roles were offered.
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.
MBA Preparation: What GMAT score can be considered good for applying to ISB Hyderabad with an average academic profile?
Generally speaking anything above 750 is a good score for admission to IBS Hyderabad. But even a high GMAT score does not guarantee admission to IBS Hyderabad because the shortlisting is profile-based. GMAT score is just a part of the entire selection process. You need to improvise your profile by working on other aspects also like
- essays
- profile
- academics
- extracurricular activities
Academics: Your 12th class marks graduation grades, post-graduation, and certification scores along with the GMAT cutoff is considered in your academic profile.
Leadership: The leadership skills of the aspirants are tested on the basis of their prior achievements and roles.
Personal attributes: This comprises your personal qualities like hobbies, talents, and extracurricular skills. Aspirants from diverse work experiences, cultures, and educational backgrounds are welcomed at IBS Hyderabad.
So along with preparing well for GMAT, give importance to these parameters as well to increase your chances of admission.
What is the percentile required to get into ISB Hyderabad?
In case you are enquiring about the CAT percentile let me clarify that ISB Hyderabad does not take into consideration CAT scores. It accepts GMAT/GRE scores only. Most importantly, the ISB Shortlisting process is profile-based. This means even with a lower percentile you can manage to get shortlisted provided you have an excellent profile.
There is no fixed cutoff for GMAT. However, a 700+ GMAT score isn't a must-have for ISB if your application is strong in other areas. According to an ISB spokesperson, candidates were admitted to the 2021 cohort with scores as low as 580, and as high as 780. So the GMAT score range for ISB is 580-780.
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 was your experience at ISB Mohali in general? Did you ever feel like you should've been in Hyderabad instead?
My cousin belonged to the Mohali campus of ISB and during her exchange term, she observed and compared the pros and cons of both campuses. I have listed the major pros of both colleges.
ISB Hyderabad
- Huge batch size ensures peers from a variety of backgrounds.
- The location is helpful for the students to maintain a good social life
- ISB Hyderabad has a wider range of student-driven clubs and committed
- The placement presentations take place at the Hyderabad campus and Mohali students get to join through a video call only
ISB Mohali
- ISB Mohali has very few resident faculty as it has been recently established. As a result, the institute calls in the best faculty from colleges like Wharton, UNC, and Kellogg to teach. Their pedagogy is unique and ISB Hyderabad lacks in this aspect.
- The campus is new so the accommodation facilities are better and made to suit all the necessary requirements. These hostels have better furnishing, space, and housekeeping facilities in comparison to the hostels of ISB Hyderabad.
- The small batch size ensures the quality over quantity belief
- The choice of electives is done through online bidding at ISB. Hyderabad campus with its huge batch size makes it impossible for all the students to get their choice of electives. Mohali students, in turn, face no such problem because of the small batch size
ISB maintains a strict balance between both campuses and the placement statistics are a testament to that as no major differences can be observed.
Overall my cousin never regretted choosing Mohali over Hyderabad and recommends the same to everyone.
What is the minimum and maximum package offered to students from ISB, Hyderabad?
ISB Hyderabad placement statistics are given below
|
Particulars |
Statistics |
|
Highest CTC |
INR 60 LPA |
|
Average CTC |
INR 34.07 LPA |
The components in the packages generally include
- Fixed salary
- Performance Bonus (10–20% of total CTC)
Apart from this, some companies give a joining bonus of around 1–3 Lakhs which might or might not be considered as a part of CTC.
What is it like to study at ISB (Indian School of Business) in Hyderabad, India?
Studying at ISB Hyderabad is like studying at any ordinary college. The classes start at 8 am so you need to wake up before breakfast and dress up for your class. You may walk to the class and try to reach on time.
The classes end around Noon after which lunch is served. You can gossip with your friends over lunch, make study groups or visit banks and complete any pending appointments.
At once you are a free bird and can catch up on your sleep as you have to study from the evening till late at night. Once you wake up around 4, you can go to the gym, involve yourself in sports or prepare for your placements.
At night you can sit with your study group and study till 11-12. The ones who are more serious about academics study alone also till morning. After this, you can prepare for the next day and take a nap before your next class.
Is it worth paying the higher fees to go to ISB? Why?
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
- you earn around 16 Llacs with more than 3 years of work experience
- you are a software engineer in top product companies
- you are already from a good engineering college like IITs, BITS, and Top NITs
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.
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