Indian School of Business

Indian School of Business

The entrance to ISB's Hyderabad campus
Motto	"Where Leaders Are Made"
Type	Private business school
Established	2001 (2001)
Chairman	Adi Godrej (2011-present)
Dean	Rajendra Srivastava
Co-Founders	Rajat Gupta and Anil Kumar
Academic staff	49 Permanent Faculty 105 Visiting Faculty
Students	900
Location	Mohali, Punjab 30°40'08.3"N 76°43'33.5"E Hyderabad, Telangana 17°26'07.6"N 78°20'26.7"E, India
Campus	Urban 260 acres (110 ha) (Hyderabad) 70 acres (28 ha) (Mohali)
Colours	Sky Blue
Nickname	ISB
Website	ISB.edu

Indian School of Business (ISB), a private business school in India with campuses at Mohali, Punjab and Hyderabad, Telangana, is a non profit organization. The school was founded by two senior executives of McKinsey & Company and is governed by a board comprising both Indian and non-Indian businessmen.

ISB has been ranked 29th in the world in the 2016 Financial Times Global MBA Rankings. It is the first business school in Indian subcontinent to be accredited by the Association to Advance Collegiate Schools of Business. However, ISB is not accredited by the Indian statutory body, the All India Council for Technical Education (AICTE). ISB has chosen not to apply for accreditation by AICTE as it offers neither a diploma nor a degree. In 2008, it became the youngest institution to find a place in global MBA rankings when it was ranked 20. Indian School of Business accepts both GMAT and GRE scores for the admission process.

The school celebrated it's 15th year in 2016. Sri Pranab Mukherjee, the Honorable President of India gave the inaugural speech to Students, Alumni and Staff at the Mohali campus, commencing a series of global events involving the school alumni, Dean and industry experts.

ISB was started in 1996 by a group of businessmen and academicians. Co-founders Rajat Gupta and Anil Kumar (both McKinsey & Company senior executives) worked together and directed teams of McKinsey consultants to start the school. First, the Executive Board was formed of national and international business leaders: Gupta recruited U.S. leaders while Kumar recruited Indian leaders. Next, ISB established formal partnerships with international business schools: Kumar recruited Wharton and Gupta recruited Kellogg. Finally, Pramath Sinha, then a junior partner at McKinsey in India, was persuaded by Gupta and Kumar to take a leave of absence from McKinsey to be the school's first dean. Rajat Gupta became the school's first chairman and was succeeded by Adi Godrej as chairman in 2011. The State governments were pivotal in sanctioning ISB's 260-acre Hyderabad campus in September 1998, and the 70 acre Mohali Campus in 2010. The foundation stone for the Hyderabad campus was laid in 1999 and was inaugurated by Prime Minister Atal Bihari Vajpayee in 2001., while the foundation stone for Mohali campus was laid in September 2010 by Punjab Chief Minister Prakash Singh Badal, and was inaugurated in December 2012 by the then Union Minister of Finance, Shri P Chidambaram