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It's back! -[2008] Ask ISB-Hyderabad: Admission Director answers your queries! GMAT Accepting B-Schools

Dear all :),
We are back with an all-new Query thread featuring the Indian School of Business (ISB), Hyderabad Admission Director for the 2008 admission season!
This thread is where ISB's Director of Admissions and Financial Aid Mr VK Menon answers all your questions about admissions, schol...
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Dear Bosvin,


Your queries have been answered pointwise below:
  1. To major in Finance, you need to complete minimum 6 modules under Analytical Finance and the maximum number of modules you can choose is 16. So, it completely depends on you which area you want to focus on, in finance. We offer more than 15 modules in Finance. To see all the modules, please visit the following link:
    http://www.isb.edu/PGP/ElectiveCourses.Shtml
  2. The bidding system allows a student to get the course of his/her choice. There is a slight probability that one may not get a course of his/her choice but that usually happens if you do not have the right strategy for the bidding this is a part of the learning process as well because you have to use scarce resources, bidding points in this case, to make the most optimal decision. Each student is given a set of bidding points which is like virtual currency. You place a bid for the courses you wish to opt for. If others bid higher they get the course and if your bid is higher you get the course. I suggest take your steps one at a time. First step is to send in a good application. Once you get the admission offer you can start exploring these things in detail.

  3. ISB does not offer any internship. However, we offer something better the Experiential Learning Programme, which is a live consulting project you do for an organization. For more details please visit http://www.isb.edu/pgp/ExperientialLearningProgramme.Shtml?menuid=106

  4. As a policy, from this year we have decided not to disclose the highest and lowest salary figures. We only disclose averages. For further details on placement statistics, please visit this link http://www.isb.edu/pgp/Placement_Highlights.Shtml?menuid=108

  5. Apart from the Rs. 19.13 lakh listed on the website, you will have to make provision for documentation (Xerox/printing of notes), laundry, travel expenses, outings, etc. which differ from person to person depending on your personal lifestyle. You can estimate a ballpark figure of RS. 20 lakhs. Exchange Programme costs, should you decide to participate in one, will be additional and can range from Rs. 2 lakhs to Rs. 5 lakhs.
    I should also highlight here that ISB has a tie-up with banks which offer completely collateral free loan to ISB students for your expenses here which can be repaid over 10 years. Therefore lack of sufficient savings should not be the criteria of not applying to ISB.

Admissions Team



dear Mr. Menon,

Firstly thanks a ton for taking time out to reply to our queries. WE all appreciate it. I too have some questions and I think you are probably well placed to answer them.

My Profile :

12th - 76%
BCom - 76%

Workex :

12 months - associate in international BPO ( client - American Express )
15 months - lecturer in internationally recognized college
17 months - asst to music director ( music and sound engineering )

I am one of those guys who wanted to make a shift to finance and so I took up a job as an associate in investment servicing. Will complete 13 months in that role by Apr 2009.

Well I wont ask for a profile check here. I know you might be quite fed up of it by now. But here are my queries

1. Does ISB cover good modules for someone wanting to major in finance. At the website they say "Analytical Finance" as a specialization. I presume its good enough for a career in finance. But they dont give a further break up of the topics that will be covered in that specialization. For someone like me what are the modules available in finance that I can opt for?

2. Could you explain the system of bidding for subjects. How does this system work. I've read that some students did not get the subjects of their choice because of this bidding system. Why is it so? I dont want to spend so much money and in the end not get the subjects of my choice.

3. Is there at all any chance of doing an internship. after the 12 month period. Will we miss out on placements if we opt to do so.

4. Pls pls pls try to get this one. What is the lowest domestic and international package offered. Its something not on the website but this information will help to put the placements statistics in perspective.

5. How much will a person end up spending for this course. I am looking at an all inclusive figure. Including your laundries and weekend outings maybe. ISB website puts the figure at around 19 lakhs. Can we manage within that or are there other program related expenses we must make provision for.

Looking forward to your reply,

thanks,

Jose.
:-P
Ask ISB Admissions 2013 Thread - http://pagalguy.com/forums/gmat-accepting-schools/2012-ask-isb-hyderabad-slash-mohali-admissions-director-am-kannan-answers-admission-related-questions-t-83812/
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