ISB is a great school, but isn't recognised by Govt of India( though this doesn't matter). Admissions are done from GMAT scores. And its fees are around 20-22 lacs pa.
If this is the case, i would suggest people to do MBA from abroad, as they too take GMAT scores.
Even though ISB might feature in Financial Times's top 50 b-schools; i would suggest people to go for foreign business schools as
i)u will have latest teaching methodologies
ii)foreign experience
iii)u will have more chances to be recruited by international i-banks, hedge funds and that ftoo for their main offices (ie o/s india); Work there for a decade, and then,if u want, India is always there.
ISB fee structure:
Shared accommodation |
Studio accommodation |
Net fees payable |
Rs 2,013,000 |
Rs 2,118,000 |
Service tax pre-budget: 10.3% |
Rs 207,339 |
Rs 218,154 |
Service tax post-budget: 12.36% |
Rs 248,809 |
Rs 261,785 |
Total fees pre-budget |
Rs 2,220,339 |
Rs 2,336,154 |
Total fees post-budget |
Rs 2,261,807 |
Rs 2,379,784 |
Difference |
Rs 41,468 |
Rs 43,360 |
(source: www.pagalguy.com)