Hyderabad, January 25, 2010: The Indian School of Business (ISB) has been ranked No: 12 in the global B-school rankings released today by the Financial Times, London. This is the third successive year that the ISB has featured among the top 20, in the list of top 100 B-schools in the world. Previously, ISB was ranked 15th in 2009 and 20th in 2008.
"We began with the idea of creating a school in India that would rank among the best in the world. Today, I am delighted that the ISB is consolidating its position as a top-ranked global business school. To receive this news on the eve of the completion of 60 years of the Indian Republic makes it all the more special. I congratulate the entire ISB community on this success" said Rajat Gupta, Chairman, ISB.
Echoing this sentiment, Ajit Rangnekar, Dean, ISB said, "This is indeed a proud moment for the ISB. Our goal has always been to pursue excellence in education and research. As an outcome of this effort, we accept any ranking that we get with humility, and rededicate ourselves to this goal. I would like to thank our alumni, our faculty, students, staff, our board, our associate schools, industry and our well wishers for contributing to this continuing success."
The ISB was established in 2001 with the launch of its pioneering Post Graduate Programme in Management (PGPM). From an initial class of 126 students, the school has grown successively over the years, and currently has 570 students in the class of 2010. The school has over 2300 alumni who are making a strong impact in business and industry. The school has also established itself as a leader in Executive Education through its programmes designed and delivered for private and public sector corporations, small and medium enterprises, and central and state governments. The ISB faculty research papers are consistently published by top ranked peer reviewed international journals.
After a successful first phase of growth, the ISB has now entered its second phase of growth and expansion. It recently launched its second Post Graduate Programme in Management for Senior Executives (PGPMAX), which has generated a lot of interest among senior business professionals. It will soon set up its second campus in Mohali, Punjab. The first academic session at the ISB campus in Mohali is expected to commence in 2012.
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