Indian School of Business (ISB), Hyderabad, is in the process of drafting a master plan for itself as it completes 20 years. Christened 'Vision 20', the master plan includes expansion proposals that will be implemented in phases, including the opening of a second branch in the country, according to ISB Dean, Prof M Rammohan Rao. | |
| The brainchild of Indian entrepreneurs and deans of Kellogg School of Management, Wharton School, and London Business School, ISB is one of its kind in Asia. It was set up in 2001 with an investment of Rs 230 crore and in a span of five years, has made it to the league of premiere B-schools in India. The school has been a pioneer in the one-year management programme in India which has been embraced by many other premier B-schools in India. |
| |
| With a vision is to become an internationally top-ranked, research-driven, independent management institution that grooms future leaders for India and the world, Rao told Business Standard that as part of the institute's master plan, the school will start a part-time MBA programme for management and software professionals in Hyderabad within the next one year. It will also start a doctoral programme in management. It will also open two new research centres "� a Centre for Strategic Marketing and Centre for Leadership for Change Management "� in the next one year. |
| |
| ISB's long-term plans include ramping up its intake capacity for its one-year management programme from 420 students to 560 students over the next two-three years; increase its faculty intake from 20 to 45 and plans to set up its campus for executive education in northern India. "There is a huge demand for our executive programme. Though the plans to set up an additional campus is in preliminay stage, we might chose north India to reach out to executives who cannot shuttle between Hyderabad and their respective cities," said Rao. |
| |
| However, ISB does not rule out setting up a campus abroad too. "Right now the school has too much on its plate. We might do have proposals to set up campuses abraod but we would first want to establish ourselves as a world class school in India and then explore opportunities elsewhere," he added. |
| |
| The institute is also pushing to carry out joint research with Kellogg and Wharton School of Business in the field of management research. Says Rao, "Management research forms the core of our activities. We regularly send our faculty to international conferences and encourage them to take up research activity. |
| |
| ISB's aspiration to groom tomorrow's leaders is grounded in the belief that leadership skills can be learned and that research can spearhead our operations in to the right direction leading us to our goal of becoming a world-class institute." |
| |
|
| |
