In this article, we will be covering all of the critical information to keep in mind while applying to the ISB PGP program. This information includes eligibility for application, the class profile, placements, and application requirements. We will also cover the application deadlines, paying close attention to the differences between applying in Round 1, and applying in Round 2.
To begin with, we will go through the basic eligibility requirements that an ISB applicant must have. To be considered for admission to ISB, a candidate must have a bachelor’s degree or an equivalent. This degree does not have to be a business degree; it can be in any discipline. Another vital academic qualification that a candidate must furnish is a valid GMAT or GRE score. As the ISB PGP is a professional course, there is also a minimum amount of work experience required to apply. The candidate must have had at least one year of full-time work experience, by March 31, 2020, failing that, the candidate must opt for the early entry option. Finally, if the language of instruction of your undergraduate education was not English, you will need a TOEFL/IELTS/PTE score.
The total number of students in the current class is 896, 603 at the Hyderabad campus and 293 at the Mohali campus. 61 percent of the current class is male, 68 percent are engineers, and 1.5 percent are international passport holders. The average candidate is 26.6 years, carries 4,3 years of work experience, and has a GMAT score of 710. The average GRE score of the class is 325.
As of the time of writing, the details of the current year’s placement have not been revealed, so these statistics apply to the class of 2018.
The average domestic CTC was INR 22, 14, 684, representing a six percent increase over that of the class of 2017. The number of companies registered with ISB was 375, a nine percent decrease. The number of offers made was 1134, approximately the same as in 2017. The number of international offers made was 30, a jump from 2017 but still lower than in previous years. Please consult the following table for maximum clarity.
|2018||Difference from 2017|
|Average Domestic CTC||22,14,684||6.7% increase|
|Number of Companies Registered||375||9% decrease|
|Number of Offers Made||1134||1 % increase.|
|International Offers Made||30||Increase of 18|
We will now take a look at the ISB placement data, from an industry perspective. Please take a close look at the following table.
As you can see, consulting and IT services, together, make up more than 40 percent of placements.
Once again, please take a closer look at this table.
As you can see, sales & management, consulting and general management make up roughly 50 percent of the data. Project management, operations, finance, and analytics make up the next 26 percent.
The following table covers all of the ISB application Deadlines.
The Round 1 deadline is September 15, the Round 2 deadline is December first, and the Round 3 deadline is the first of January. As you can see, there is also some difference in the application fees. The Round 1 fees are INR 5,000 and increase by INR 2,500 with each subsequent round. The decision dates have not yet been announced, but ISB typically takes around 45 days to reach its decision. The program itself will begin on 15th April 2020.
There is no significant difference in the chances of selection between rounds. ISB has explicitly stated the same on its website and in our experience, helping hundreds of students secure admission to ISB, corroborates that. However, there are some differences in the scholarship opportunities available. Full tuition fee waivers are only available to Round 1 applicants and 50 percent of all merit and need-based waivers are offered to them, as well. Furthermore, Round 1 results come out much sooner than those of the international schools. Hence, applying to ISB in Round 1 makes sense, if it is your first choice.
We will now cover all that you will have to submit to ISB, as part of your application. As mentioned above, you will have to furnish a valid GMAT score. Remember, the GMAT score is valid for five years. ISB also requires one professional recommendation, online, meaning that you will have to give the professional email ID of your recommender. An automated email will then be sent to your recommender, who must then follow the link and answer certain questions about you. Recommendation requests can also be sent before you submit your applications, and it is advisable that you send it soon after starting your application, as it will give your recommender more time to respond.
There will, of course, also be a rigorous application form, all the more rigorous, as ISB does not ask for a resume. Finally, there are the application essays, probably the most important aspect of your applications and deserving of great care. The two essay questions for 2019-2020 are as follows:
1. There will be 900 students in the class of 2021. Why should you be one of them? (400 words maximum)
2. What will you be doing in 2025 and 2030? How will the ISB PGP program help you to achieve these goals? (400 words maximum)
We have a sperate article on how exactly to write the essays here. You may want to go through it, as well.
We hope this was helpful, all the best with your ISB applications.