Indian School of Business (ISB) was founded by senior executives of McKinsey & Company, and has campuses at Hyderabad and Mohali. The school is governed by a board comprising both Indian and non-Indian businessmen.
The foundation stone for the campus was laid in Hyderabad in 1999 and was inaugurated by Prime Minister of India Atal Bihari Vajpayee in 2001. Pramath Sinha, then a junior partner at McKinsey in India, was ISB's first dean. Rajat Gupta became the school's first chairman and was succeeded by Adi Godrej as chairman in 2011.
The Indian School of Business (ISB) has two campuses, one in Hyderabad and a new campus in Mohali.
The campus was set up in 2001 and is spread across 260 acres. The heart of the campus is the academic centre, which houses lecture theatres, classrooms, faculty offices, the learning resource centre (LRC) and a 500-seat auditorium. The campus also houses four Student Villages (SV). Each Student Village can accommodate 130 to 210 students in a mix of four-bedroom and studio serviced apartments. It is an ISB tradition for each batch to leave behind a souvenir, which adds to the charm of the School. The Class of 2008 Lounge (Gifted by the Class of 2008) and the Class of 2009 Amphitheatre (Gifted by the Class of 2009) are the favourite haunts of the students on campus.
ISB's Mohali campus commenced operations on April 14, 2012. The Mohali campus offers ISB's Post-Graduate Programme and additional short term executive education programs. Sprawling over 70 acres of area, the campus is self sustainable with all the amenities and facilities for the students, faculty and the staff located within a ten minute walking radius of the campus centre. The academic block houses lecture theatres, faculty offices, faculty lounge, the learning resource centre (LRC) and the atrium plays host to the 500-seater auditorium besides a coffee shop. In addition, the campus also hosts four other research institutes:
- Max Institute of Healthcare Management
- Bharti Institute of Public Policy
- Munjal Global Manufacturing Institute
- Punj Lloyd Institute of Infrastructure Management
The ISB community runs many professional clubs. The Graduate Student Board (GSB), the elected representatives of the ISB student body, coordinates and manages activities of the clubs. GSB organises conferences, talks by eminent guest speakers, and many other events, at ISB. The ISB currently has the following professional clubs:
- Business Technology Club
- Consulting Club
- Emerging Markets Club
- Energy Club
- Entrepreneurship & VC Club
- Finance Club
- General Management Club
- Healthcare Club
- Manufacturing & Operations Club
- Marketing Club
- Media Club
- Net Impact Club
- Public Policy Club
- Srei Infrastructure Club
- Senior Executive Club
- Retail Club
- Women in Business Club
Centres of Excellence
ISB aids in connecting industry and academia to advance education, research and outreach in key areas. ISB aims to provide a platform for experts from the industry and academics to exchange knowledge and expertise on academics and trends in the business environment. The centres conduct research in areas critical to emerging economies such as emerging markets finance, affordable housing, innovation, information systems and entrepreneurship development.
Centre for Analytical Finance(CAF)
Established in August 2004, CAF is the newest of the few finance research centre's at an academic institution across Asia. ISB's CAF is aimed at research in all areas of finance, including financial markets, instruments, institutions etc. The research activities of the Centre focuses on issues and problems in emerging economies. CAF researchers at ISB include scholars from Berkeley, Chicago, Cornell, Kellogg and other institutions of global standing. CAF at ISB has also established research partnerships with major international and Indian think tanks leading to collaborative research and joint conferences.
Centre for Emerging Markets Solutions (CEMS)
The Centre for Emerging Markets Solutions (CEMS) was set up with the objective that market-based solutions exist for a large number of the developing world's problems. Though CEMS began its work by focusing on India, the mandate is broader and stretches across emerging markets. CEMS will act as a lab where solutions to developing country problems are developed, which can be then be utilized to other emerging markets.
Centre for Investment
The Centre for Investment aims to refresh investment practice not only in India but around the world. The centre also studies and disseminates knowledge across the dominant investing philosophies underlying passive investing, the endowment model, valuation and shorterterm trading approaches
Centre for Leadership, Innovation and Change
The Centre for Leadership, Innovation, and Change (CLIC) was established in 2008 with a focus on building transformational leaders in alignment with ISB's vision of grooming future leaders for India and the world. CLIC addresses two critical areas of national interest - innovation and leadership. The centre actively contributes to pedagogy through case studies that promote understanding of the innovation process and the associated challenges along with the role of leadership in companies.
Centre for Teaching, Learning and Case Development
The Centre for Teaching Learning and Case Development (CTLC) aims to help develop pedagogical tools which facilitates dissemination of knowledge in accordance with international standards. The Centre's activities are focused around the following four parameters-
- Case Development
- Curriculum Innovation
Srini Raju Centre For IT and The Networked Economy
SRITNE is an integrated research center aimed at developing rigorous and relevant Information and Communication Technology (ICT)research, with a focus on management of ICT and on the enabling-capabilities of ICT for businesses, governments and society. Research in these areas are aimed at leading to a better understanding of how ICT can create value for business and society.
Thomas Schmidheiny Chair For Family Business and Wealth Management
The Thomas Schmidheiny Chair of Family Business and Wealth Management seeks to advance combined knowledge of family business. Family-owned businesses, and the unique challenges and opportunities they represent, are rapidly becoming an important subject of management research. The Chair has contributed significantly to the growing body of research on various aspects of family business, such as family governance and leadership and entrepreneurship among others.
Wadhwani Centre for Entrepreneurship Development
The Wadhwani Centre for Entrepreneurship Development (WCED) at the ISB was established in 2001 with a view to establish entrepreneurship as a transformational vehicle for the broad-based growth of India and other developing economies. The center aims to enable creation and growth of sustainable and competitive enterprises through innovative research, outreach and pilot initiatives.