Why ISB will beat IIMs

[mba2k6]

Originally Posted by puneet_gandhi

I didn't say that reject thing without few ppl in my mind
1. my senior.. gave CAT thrice.. gathered 2yr work-ex in process.went to ISB...
2. another senior...CAT 4 times.. 3 yr work-ex ISb
3. colleague.. gave CAT thrice already.. plannin to wait another year nd then go to ISB
4. friend's sister.. gave CAT few times.... 4 yr work-ex.. then ISb..
5. one of my batchmate.. will hv 2 yr work-ex in 2006-07.. plznnin to go to ISB if he doesn't get thru IIMs...
Funda he gives is in IIMs wid 2 yrs of work-ex u will b amon the ppl who have high work-ex..whereas in ISb.. wid 2 yrs u will b among the ppl wid lower work-ex..
I also want to apologize if my language has hurt anyone.Lets discuss this thread in good stead.
Cheers!
Gandhi

6. Moi ..a CAT veteran though never prepared..gave CAT 2002, 2003, 2004, applied to ISB (u can c thru the motivation), thank them for not admitting me (not enuf experience (1.5yrs) they told me, I accepted gracefully)..2005, am going to IIM C, cya DG and Gandhi.

am clear..would have applied to ISB this year for sure if CAT wouldn't have been set up the way it was in 2005..and probably made it thru as well

I am no different. And, that will be the case for most of the 3-5 year Junta at ISB (IMO)..dont think that's a way to compare the IIMs (ABCLKI) and ISB..if that's what we are up to..

The best comparison will be between the PGPX at IIM A/C..and we wont need to wait long to c the difference..

Another would-b C guy here..will I be banned?

[FreakazoiD]

Originally Posted by Mohini_HSBC

But let me assure u, that with all the resrvations and political interference,
IIMs may lose their positions from the top 200 slot also.

Earlier people used to think its cool to bash IITs. Result ? Well we all know...one example to throw things in perspective would be a CBS program 60 minutes featuring IITs and claiming IIT = Harvard + MIT + Princeton


And now people think its cool to bash IIMs

The b-schools of INDIA that have the potential to beat the IIMs(Except IIM-A) on the global front are

ISB-hyderabad,MDI-gurgaon,SP Jain-Mumbai,IMI-Delhi,IIFT .

This is hilarious

Beat the IIMs ? And what exactly do you mean by that ? Can you elaborate how insti X can "beat" insti Y ? If you can do that we will be spared of more such threads

And regarding the "global rankings" - the last straw the routine IIM bashers keep clutching on to (well now they seem to have found some solace in ISB these days ) -
I hope you are Indian (atleast your name seems to indicate so ) Hope you know what's GDP per capita in India. What it is in China. And what it is in the US.

I rest myself

the freak

[samsite]

Originally Posted by FreakazoiD

1.Facts will remain facts. And the fact is - getting into ISB is easy. Very easy compared to IIMs. Back from onsite s/w engineers for one. You only need how to bullsh*t about your international exp

2.And yes as mentioned by some enlightened souls before me, most ISB guys fall in either of these 2 categories :
1) could not clear CAT for 3 times in a row and hence start to feel insecure
2) desire to do an MBA only after 5+ years of work

3.One of the most important factors influencing placements is - alumni network. Now if you compare the IIMs, A and C have a 9 year edge over B. And all 3 have a significant edge over L which in turn has an edge over K and I (the baby)



the freak

@freak
i have a few doubts and i will be very thankful to you if you take some of your time to help me in this regard


you have mentioned that getting into ISB is easier then getting into an IIM.
i have a knowledge that around 50% of junta in ISB are ex-cat takers but still I ask if one can define whats easy and whats difficult when it comes to
two institutes whose admission process is diffrent.consider for example that its easy for me to get a 99.xx percentile in CAT then to work at around 2-3 places aborad and come back again and study.Now i will obviously get an iim if i score that much percentile(read as most probably) but well i will have no or very little chance for ISB even after i have spent a year or so working in india .

secondly you have distirbuted the ISB junta into two classes of people:
i will just say that it is so because of the admission criterea of ISB and nothing else.As far as 3 time cat taker thing goes well there are people who attempt cat for n number of times and scrap thier way to IIM's.what do you have to say about them then?Its just not right to distribute people among classes as you have done..also another thing is cat has more or less become a fashion nowadays..every or most of the graduates do take it .even before they realise why they need an mba they are over with two cat attempts..secondly failing in a cat exam doesnt prove anyone's worthlessness.though u have not mentioned it but mentioning cat as a pre-emptive measure by the people who have joined isb proves that point.

well lastly you have mentioned about placements maybe because earlier posters have done that but then whats the use of writing about it when its the last thing a deserving candidate should look at

@all

i dont really know whats wrong with the people who start such threads and with a lot of junta who just jumps to blabber the most useless stuff ever.I dont find any reasons why should one insti or if one insti can be compared to another.secondly dont people have a better work to do then trying to use thr already empty heads to figure out which insit is better..A school in general is better or worse in one's own perspective and we should trivilalise such things.Also when discussions like these take place they really amount to loss of an individuals capacity over an insit fame and name..a good example is the various II's in india.I guess an institute should get thier name from the students who study in there and not vice versa.hope this discussion will end here and mods please close this insane thread.

regards
samsite

[nex]

Originally Posted by DesiGuru

@nex

and me man I would ditch a Harvard Business School admit to join IIM.
and if ISB gave me a full schol ditch IIM for it.
thats just me

Umm.. more like, I would have bought a Sony VAIO instead of a dell if I had the money.

[AddyJ]

That was hilarious nex!

[Mars]

guys give it a break...i think we are getting too personal out here..

i think the dfferentiating factor is the work exp of the students..

the trend in india is students think whichever insti gets the max placement offer is the best withut considering the other aspects.. it is a well known thing that all these record breaking offers are offered to ppl having substantial work ex..this doesnt prove ttht ISB is better than IIMs

ISB is a gr8 institute, no doubt and in the long term it will give IIMs a run for their money in globl rankings.. they will get stronger with the growing network of alumnis and the students with a very good work exp(which eventually will bring them the highest salaries)

but at the monet though IIMs rule..

[AddyJ]

Guys,

I have been talking about the IIMs not being as good as the ISB. Probably, you feel that I dislike it. Don't get me wrong! If I would have stayed in India, I would have tried for the IIMs. I used to listen to people talk about it, and always thought of it as the best availible.

But now that I am learning about the ISB, I think that the only thing it lacks is the brand name. It is not as well known around India. But I personally think that it is a better school cause it allows for students to learn from each other because they have work experience.

The guys at the IIMs are probably the brightest in India. They can do all the crazy calculations and crack the CAT. But I just seem to have a problem with the concept of choosing inexperienced candidates. On the other hand, even the US B schools are now offering more candidates admissions without full time experience. But that number is around 2% at Harvard and Stanford and 1% at Wharton, not, maybe, 70% or more like the IIMs.

This is what the Wall Street Journal has to say:

In a recent Wall Street Journal/Harris Interactive survey, recruiters' most frequent complaint is that M.B.A. students lack enough "relevant" experience. Most recruiters say they expect a minimum of four or five years of experience, preferably in their industries.
"The M.B.A. candidate with zero experience is basically still a kid," says John Paul Komasinski, a survey respondent and CEO of Komasinski Business Solutions, a marketing and technology consulting firm. "Management requires very special people skills, attention to details, organization and coolness under fire. None of these qualities is apparent in a green M.B.A. student."

I dont think there should be a minimum work experience requirement anywhere, but choosing the massive majority without it is different. The IIMs are affordable and good, but do not follow the same formula as the best in the world.

The ISB has parteners like Wharton and Kellogg. Why dont the IIMs? What sets schools are Harvard etc. apart from the rest is its great selection process. In the class there are diverse people, someone who served in a non profit in Africa, someone who is a DJ, someone who served in the military etc. When one sits and shares experiences with such people, one is bound to get a better and well rounded learning experience. This is the approach that the ISB seems to be following. It is all about the work experience, and how one has shown a record of leadership over time. If someone does not have work experience, how do you assess their leadership ability?

I know that the IIMs are hard to get into. But I also fear that if a great businessman like Bill Gates applied to the IIMs, he would be rejected if he only made an 80th percentile on the CAT. So basically, the IIMs are choosing the brightest minds, not the best ones suited for the purpose. I guess they are doing a great job considering that they have to choose between millions of applicants. But just because it is more selective than the ISB does not mean it is better.

[DesiGuru]

AddyJ

Do some more research... and you will learn that the Best Bschool Profs in the world agree that those MBAs who succeeded big time did not really need that MBA... they succeeded because of their inherent talent, IQ levels and all tht huge list of 'human' qualities...

Bill Gates cracked 1590 in the SAT... A similar person here would have made a 100/99.99 percentile and gone to IIM directly after undergrad... or not gone to Bschool at all

The point has already been made here... ISB COSTS a lot of money... and they can make it all sound good... But at the end of the day if you are really a smart businessman you know paying 15 lakhs for an education in India when an equally good education with a better TAG exists is called plain stupid

And you only go to ISB if you fail to make it into an IIM for two-three years... That is the reality of india ... Maybe a 19 year old from Tennesse cannot understand the ground realities in India because he is trained to read magazines and books written by american authors talking about American Business schools which are written with the American style of doing business and education...

If you are Indian and you live in India. IIM is your first goal. And if you cant make it you go to ISB which is an equal or better school. But due to this and other factors the potential of the students from an IIM is higher than that for ISB... as a statistical generalization only

The point is you should talk about ISB independently of the IIMs. Because if you compare you will be screwed But you could very well talk about all the salient features in their entirety and then expect smart people to choose on their own by looking at all the advantages and disadvantages on both sides...

And I believe you are a 19 year old And though Kavvya another 19 year old turned out to be a plagiarist with a Harvard education... I am willing to believe you are not a fake

K

[DesiGuru]

@nex

Must add I have used both the ThinkPad and the Sony Vaio for over 6 months each...

Let me tell you ThinkPad works out better in the long run... The Vaio looks good in the beginning and then you realise later it was an absolute waste of money...



Now I must check out the DELL

K

[samsite]

Originally Posted by AddyJ

1.But now that I am learning about the ISB, I think that the only thing it lacks is the brand name. It is not as well known around India. But I personally think that it is a better school cause it allows for students to learn from each other because they have work experience.

2. But I just seem to have a problem with the concept of choosing inexperienced candidates. On the other hand, even the US B schools are now offering more candidates admissions without full time experience. But that number is around 2% at Harvard and Stanford and 1% at Wharton, not, maybe, 70% or more like the IIMs.



3.It is all about the work experience, and how one has shown a record of leadership over time. If someone does not have work experience, how do you assess their leadership ability?

@andy
please pay attention to some of my arguments sire and i will be very thankful to you.

you say that ISB only lacks brand name.Wrong, because ISB lacks the best brains of this country and as far as diversification of a batch goes then how about it lacking someone who will be upwards of 99.xx in the cat examination.secondly it lacks in the fact that most people who will be willing to get into it will not be able to afford it and that a fact.So it again looses some of its best students.An institute is what it is primarily because of its students .

secondly about the work-ex being an integral part of a bskool.well i will only like to state that harvard,wharton etc etc are based in US which is a very diffrent country from India where realties are much diffrent.For a fact we know that the intent and educational system of india is so ridiculosly difficult as compared to other countries whose bskools you have mentioned that only the best survive and come out.there exists no question in the lack of thier capability or the need of work-ex for them

thirdly ,leadership qualities can be assesed by ways many diffrent then just work-ex and well how many people who get into ISB have acted as team leaders?please dont state things which you are not fully aware of sire.

there's no use of blabbering here when we simply know that a comparison is not possible..so rest your case and concentrate on some other intresting threads over here.

regards
samsite