Financial Daily from THE HINDU group of publications
Wednesday, May 17, 2006
Financial Daily from THE HINDU group of publications Wednesday, May 17, 2006 |
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Industry & Economy
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Education ISB increases student intake Our Bureau
Hyderabad , May 16 The Indian School of Business (ISB) has increased its student intake by 20 per cent for the current class of 2007, which has 418 working professionals, against 345 last year. The Dean of ISB, Prof Rammohan Rao, in a statement said: "We have taken the ISB standards higher this year with 53 per cent students securing GMAT scores of over 700. The average GMAT score has increased to 706 from 694 last year. This is comparable to GMAT scores of students at the world's top B-Schools and is a matter of pride for the ISB and Indian management education."
Overseas B-schools
Many students have rejected offers from B-Schools in the US, Canada, Europe, Australia, and Singapore and have chosen to study at the ISB. The overseas B-schools include, Carnegie Mellon University, Columbia Business School, Stanford University Graduate School of Business, Purdue University, INSEAD, University of California- Los Angeles and National University of Singapore. ISB has offered scholarships worth Rs.1.67 crore at the time of admission. Scholarships have been offered to nearly 20 per cent of the class and will also be awarded by companies such as HSBC, Citigroup, Novartis, Anand Group and KC Maritime during the academic yearThe number of women students too has gone up to 87 from 67 last year, representing 20 per cent of the class of 2007. The class has an average work experience of five years and the average age is 27 years.
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