Why ISB will beat IIMs

[Apurv]

One of the best posts I've seen in some time!

Originally Posted by vipulfouraite

what a reading ,,,what a contest ,,,,isb vs iims and what next now,,,,,north vs south,,,rice vs chapati,,,india vs pakistan,,,dollar vs euro,,,,well good sirs i am not a member of one of the celebrated b schools,,,as per ur standards ( but as per ur) a lesser mortal still will dare to speak my mind,,,,why are we making this comparison,,,because we want to prove that our college/school is the best,,and then what,,,then what good sirs,,,A BIG NOTHING,,,are we forgetting in the ultimate analysis it is YOU and only YOU who will decide things for urself,,,,i guess all this mba and mgt education is to ensure that we are also a part of the wealth making process,,,i will name a few individuals who did not have the fortune of getting educated from ranked and famed b schools but still can teach all of us a lesson or two,,,( and yes i will not name dhiru bhai ambani0
1. Mr kunwer Sachdev ( chairman SuKam - college droput - company worth 200 crore)
2. Mr J K agarwal ( chairman Kailash Group - some education - company worth 1000 crore)
3. Late Gulshan Kumar ( Owner T series - started as a small shopkeeper )

The list can keep on going,,,how many of IIM/ISB grads have personal worth of 100 crores,,,well that is because these were people who instead of wasting their time in personal ego massaging used it for high end networking,,,they may not have been educated but they are visionaries,,,what they had distinct in them is their capabilities to take risk,,,why is it that IIM/ISB/MDI/SP JAIN/IIFT/FMS/SIBM etc etc grads just keep on hopping jobs for may be better packages and try and work their way up the corporate ladders( similar to our country which is ruled by the leaders and run by the IAS/IPS/IRTS etc etc),,,,,then they fight over rankings,,have jargonistic language and HI FI meetings to justify their jobs and salaries,,,well i guess beacuse their education makes them too soft to and too aware to take risks,,,a kid can play with a snake but we instill the fear in it by telling it is a snake and similar happens to us by our education,,,we are all shit scared and insecure and hence we need numbers to keep us happy and under illusions as to how much better we are from many others,,,also probably because this is what has been left of us,,,we can only work hard on the computers and in air conditioned offices,,,how many of us can actually work hard under trying conditions ( hard physical labour and beleive me it is another prerequisite of making it big in life atleast initially),,,how many of us can actually enjoy a drink with the guy who is the poorest retailer in our scheme of things without feeling superior and condescending ( another essential for guys who have made it big),,,,finally i am sorry for having shot my mouth off,,,actually had no right to do so in the presence of so many educated and ranked big sirs,,,,but a final thought,,,had you all instead of wasting 8 pages who is superior ( and still proving nothing) had used these same pages to befreind each other imagine the gains,,,you all would have been richer both personally and professionally,,,so many intelligent and well placed freinds for so less effort but alas it was just wasted and still the eternal question who is better????

[orca]

For every Dhirubhai Ambani there are a 1000 other folks with the "risk taking" ability whose businesses have been wiped out within 2 years. I seriously am sick of seeing the same old "You dont need an MBA to make money" gyan. That is something every B-skool student knows and appreciates

The reason *most* people go to a B-skool in India is to make themselves more employable - no two ways about it.

Now that we have this straight, the simple question is "Which B-skool will make me more employable?". Thats why B-skool comparisons creep in and we have the B vs C and the I vs K debates all around the year. It is very easy to wash away all this under the garb of "In the end it doesnt really matter" but hell to every single aspirant out there it does matter, matters equally to B-skoolers who will defend their instis, thats part of the game (as long as no misleading info is given out).

All other points in vipul's post are bang on.

[Manish_Blr]

The whole comparision is bogus.
IIMs ( at least A,C and L) have addressed the need for management education for experienced candidated. Look at the selected candidates( yours truly included) profiles and "measurable indexes" like GMAT. I bet they are the BEST IN THE WORLD. Show me a BSchool running a program with an average GMAT of 731... ya ya ya - Indians tend to get higher GMAT scores.Whats the average at ISB?
How many ISB students will trade their seats for seats in IIMA/B/C/L?
How many IIMA/B/C/L students will trade their seats for seats in ISB?


Only PGPX/PGPEX/IIMC one year course can be compared to ISB course,if you will. And by no parameters are IIMs behind ISB. Check out the placement stats of PGPX1 and PGPEX1( not yet out in public domain).

ISB has its merits and is doing good too - all the best to them. We need more ISBs and IIMs.
However there can be no pact between Lion and Men.

[mohit@bits]

i just fail to understand how can ISB be better than iim ????
1)look at the fees in iim which is just 4 lacs vs ISB 18 lacs which many many many exceptionally people cant give so they will only go to a IIM
2) IIM have people mainly below 25yr vs isb with arnd 28+ but still isb cant place its people at better profiles than iim

its as simple as that..
only global faculty is not all that matters. indian professors are not bad at all trust me

[rajat_nda]

Hey ppl !!

D phoenix is back again...ages old thread.....
Stop these comparisons ppl...there have been so many posts here reiterating the fact that both can not be compared....ISB is too good at its own place...IIMs are too good at their own place...

At ISB our program was different....the area of concntratn was different, over here itz different again...itz like Apples n oranges ppl....Let them do what they are supposed to do n produce quality products...

ATB to all puys for d rest of the processes...

ciao ppl
.

[eric.segal1]

boy what a thread !!
m still an aspirant as of now and after reading all the post........ amazingly as they predicted in 2006 posts the ISB did end up in the world's 1st 20 in 2008 (just saw the FT rankings).....
guys i'm now really getting biased against IIMs....and maybe for good.

[cat_a_gal]

The FT ranking conveniently excludes all schools that do not have a minimum work experience requirement - thus all IIMs are excluded. ISB has a minimum work experience requirement and is included in the FT but ISB ignores its own requirement to take freshers to fill its leftover seats. ISB seems to have counted its foreign guest faculty, high GMAT average score and only the few foreign offers that naturally means a higher average to make it up the ranks.

[eric.segal1]

Originally Posted by cat_a_gal

The FT ranking conveniently excludes all schools that do not have a minimum work experience requirement - thus all IIMs are excluded. ISB has a minimum work experience requirement and is included in the FT but ISB ignores its own requirement to take freshers to fill its leftover seats. ISB seems to have counted its foreign guest faculty, high GMAT average score and only the few foreign offers that naturally means a higher average to make it up the ranks.

hey u dont hv to groan at me !!
m just an aspirant ok and those views are no way directed at you!!
also yr information is factually incorrect........ie to fit yr reasoning u fabricated the facts.
now i'm Mr Nobody as yet now but even then i can say that its a very bad idea to put forward yr set of arguments.

[cat_a_gal]

Mr Eric Segal - as an aspirant you need to check out what your ISB does inside. Here are some facts from inside ISB. Let some ISB ppl deny it!

1) ISB clearly states that work experience is a requirement to apply to ISB.
2) ISB does take freshers with or without high GMAT scores.
3) These freshers have a really tough time getting jobs on campus.
4) ISB qualified for the FT ranking only because work experience is a must.
5) The FT ranking requires your salary increase pre-MBA to post-MBA. No experience candidates in ISB if they get a job show infinity salary increase
6) All the IIMs did not qualify for FT ranking even though about two thirds have more than two years experience in the IIMs - FT said that it was because IIMs do not state work experience as a requirement - the formula will not work.
7) ISB used only its few foreign placements with dollar salary for calculation.
FT has been taken for a ride - Eric Segal is taken for a ride too!

I am not a fool to get into this ISB ride!!

[jove]

hmmm.....the iim,isb debate looks set to go on for quite a while. but the attitude should never be of comparison between the two. these are two of india's finest b-schools making the nation proud. in such a scenario,instead of competing,the attitude should be one of complimenting each other.

ppl enough of deciding which one is better.rather aim at showing that INDIAN B-SCHOOLS are a force to be reckoned with....mess with one and you mess with the team!!!