In 2016, ISB noted a 28% increase in the number of applications it receives for their PGP program. The class size has increased from 128 students in 2002 to 905 now (Source: The Indian Express).
Their MBA program is only for a year, which is convenient for several working professionals and the institute has reached the ranks of the IIMs, which is why it receives millions of applications.
Here’s the complete application process of ISB and how to crack it, as told by TapChief Expert and ISB Alumni, Dr Kumar Anshul.
CAT 2017 results are out (and so are some of the IIM calls). While those having calls must be preparing for GDPI, others need to ponder what to do next.
This article has been exclusively written for ardent (and eventually disappointed) CAT aspirants, who are completely clueless about ISB and GMAT/GRE (and hence, be prepared for a lengthy article).
Before you go ahead, you must know who is the author (i.e. who am I). I am a student of the current flagship MBA program (called as PGP- Post Graduate Program in Management ) at the Indian School of Business, Hyderabad Campus.
What is Indian School of Business?
ISB is a B-School with campuses at Hyderabad & Mohali, which is currently ranked 27th in the world by Financial Times for its flagship full-time 1-year MBA course, called as the PGP (Post Graduate Program in Management.
Who is eligible for PGP from ISB?
Anyone with full time paid work experience of more than 2 years is eligible to join the PGP course.
What is the total intake every year?
The class of 2018 is a strong batch of 879 students (Hyderabad + Mohali) and the annual intake generally revolves around the same number.
What do I need to apply to ISB?
You either need GMAT or GRE score and then you need to apply online. The online application consists of 2-3 essays, details about your work experience, 10th, 12th & Graduation score, your awards & achievements, extra-curricular & hobbies.
What is an ideal/cut-off score in GMAT & GRE to get selected?
There is NO CUTOFF. Please understand that unlike CAT/XAT, the exam scores are only a small (though significant) part of your application. Your application is holistically evaluated by the admission team with separate weight given to every part of the application. Though of course, you should aim for a high score. Below is a screenshot of ISB’s website for the Class of 2018’s profile
As you can see the accepted GRE scores range from 303-335 and GMAT scores from 600-780.
When should I apply to ISB?
ISB has three modes of application:-
- YLP (Young Leaders Program)- This is for pre-final and final year students. If you get selected through YLP, a seat will be reserved for you and you can join when you have at least 20 months of work experience.
- Early Entry Option (EEO)– This is for working professionals who have less than 24 months of work experience. If selected through EEO, a seat will be reserved for you and you can join when you have at least 24 months of work experience.
- PGP- All working professionals with more than 24 months of work experience can apply through the regular PGP route
At this point, please keep in mind the following two facts:-
- YLP, EEO, PGP are just 3 different routes of applying to the same 1-year flagship MBA program at ISB. They are not different programs, just different ways of applying (depending on how many months of work experience you have) for the MBA.
- While the EEO & PGP applications are exactly similar, the YLP application differs. Since you don’t have any work experience while applying through, the essay topics and few other details in the application are different as compared to that of EEO/PGP
When do I need to apply?
Every batch starts in mid-April and for that particular batch, there are two application rounds- Round 1 deadline is in October of the previous year and Round 2 deadline is in January of the same year.
For example, for the class that is going to start in April 2018, Round 1 deadline was on October 15th, 2017 and Round 2 Deadline is on January 15th, 2018.
If you apply to Round 1 and don’t get an admit, you can’t apply to Round 2. You can apply again in Round 1/Round 2 for next batch with the same GMAT/GRE score (as these scores are valid for 5 years).
The application cycle for YLP is different, please check the website for more details.
How can I prepare for GMAT/GRE?
GMAT/GRE, unlike CAT/XAT, takes 4-5 months of preparation (along with your work) and these exams can easily be aced with proper focused preparation. I have already written a series of articles on GMAT Preparation:-
- My GMAT Debrief- Kumar Anshul
- Frequently Asked Questions (FAQs) about GMAT
- How to reduce the cost of your GMAT Preparation
- How to prepare for AWA section in GMAT
I have personally no clue about GRE but I have heard that it’s comparatively easier than GMAT (Specifically the Quant Section) but the aspirants need to mug a lot of words to ace the vocabulary based questions in Verbal Section.
How is the interview process?
If your application gets shortlisted, you will be called for interview (3-5 days will be provided). The interview panel consists of 3-4 people from the admission team and alumni. The interview majorly revolves around everything that you have written in your application. So it is extremely important to give enough time & attention to your application.
How can I go ahead with my application now?
If you are thinking of applying to Round 1 deadline (October 2018), you should focus on GMAT or GRE preparation now and then start working on your application by September.
This article was originally published here.