Indian School of Business,Mohali,is going to begin its first academic session on April 14.
The premier business management institute will offer its flagship one-year Post-Graduate Programme (PGP) simultaneously across its two campuses – Hyderabad and now Mohali. While Hyderabad has an intake of 560 students,the Mohali campus will begin with 210 students in the inaugural batch.
The Mohali campus boasts of four partner institutes: Max Institute of Healthcare Management,Munjal Global Manufacturing Institute,Bharti Institute of Public Policy and Punj Lloyd Institute of Physical Infrastructure Management. Addressing mediapersons today,Deputy Dean and Chief Executive of the Mohali campus Savita Mahajan said the first two institutes have started functioning,and the other two will begin their specialised courses after about an year. ISB Mohali was founded with Rs 50 crore each donated by the Max India Group,the Bharti Group,the Hero Group and Punj Lloyd,along with the investment pooled in by the parent institute.
Such is the demand for the management course offered by ISB that only one out of ten applicants is chosen. Admissions are made on merit,and ISBs average GMAT (Graduate Management Admission Test) score is comparable to some of the top global business schools.
Speaking on the occasion,Analjit Singh,Chairman of the Mohali Campus Advisory Board said the first phase of construction at the Mohali campus is nearing completion with an investment of Rs 250 crore approximately. The Mohali campus is spread across 70 acres.
The average cost of the 51-week management course at ISB costs a student Rs 20 lakh. The campus is fully residential for both the students and the faculty.