ISB hosts the President of India at the event commemorating its tenth year

 | July 05,2011 12:18 pm IST

The Indian School of Business (ISB) today hosted the President of India, Her Excellency, Pratibha Devisingh Patil, as Chief Guest at an event organised to commemorate its tenth year. Ajit Rangnekar, Dean, ISB, welcomed the President and the other Guests of Honour, His Excellency, ESL Narasimhan, Governor of Andhra Pradesh and N Kiran Kumar Reddy, Honourable Chief Minister of Andhra Pradesh.

Analjit Singh, Chairman, Max India Limited and member of the Executive Board of ISB also graced the occasion.


Speaking on the ten successful years of the ISB, Ajit Rangnekar, Dean, ISB said, “In the ten years since its inception, the ISB has established itself as a global business school of repute, with a demonstrated record of growth and accomplishment. Its track record in the past decade point to greater potential for the future. We believe that the ISB should not just be known for creating high quality business leaders, but also as an institution that plays a pivotal role in addressing some of the major challenges facing society today. With the support of all our stakeholders, we believe we can make this a reality.”


The President delivered the keynote address on the ‘Role of Young Business leaders in Achieving Inclusive Growth and Nation Building’. Urging the students to participate in India’s growth, the president urged students to align their goals with priorities of the nation. Citing India’s high percentage of youth – 300 million working-age people in the next forty years, she said their energy and enthusiasm must be guided to productive work. At the heart of her address was the inclusion of the rural sector in India’s growth and the role of entrepreneurship education as a societal change agent. The entire text of her speech available at:


The President also unveiled a plaque to commemorate ten successful years of the ISB. The plaque has been designed by Chippa Sudhakar, a well-known contemporary artist. The plaque symbolises the human form as the ISB. The geometric patterns on the clothing of the protagonist are the many associates of the School in the form of students, faculty, management and the diverse visitors. The launching of the boat represents the beginning of a new decade towards a positive future. The positive future itself is symbolised in the lotus etched on the right side of the painting. The most thoughtful symbol in the painting is the bar code painted on the sail of the boat which can be decoded as a vehicle of business/management studies.


The Guests of Honour, ESL Narasimhan, Honourable Governor of Andhra Pradesh and N Kiran Kumar Reddy, Chief Minister of Andhra Pradesh, and Analjit Singh, member of the ISB Executive Board also spoke on the occasion.


The ISB was established in 2001, out of a need to create a world-class business school for the country and the world. What began as an idea is now an acknowledged institution for quality learning. The ISB is committed to its role in creating leaders through its innovative programmes, outstanding faculty and thought leadership. Some of its key accomplishments in this eventful decade are:

  • Established the world-class Post Graduate Programme in Management (PGP)
  • Youngest institution globally to have its programme ranked among the Top 20 business schools in the world
  • Pioneered the one-year format in India with its flagship programme
  • Grew from a class size of 126 in 2001 to 573 in 2011
  • Set the bar for encouraging diversity in the classroom - comprising achievers from a broad range of academic and professional backgrounds.
  • 3500+ PGP Alumni working in 25+ countries across the world
  • 175+ Alumni have started their own businesses
  • Launched two unique new programmes -
  1. PGPMAX - An Executive MBA equivalent programme for senior industry executives
  2. Young leaders Programme YLP) to tap young talented college students


Leadership in Executive Education

  • Largest provider of Executive Education in India, and among the top 3 in Asia
  • Provided training to 13000+ executives through 400+ programmes
  • Conducts programmes spanning the private sector, public sector enterprises, Government (IFS, IPS, MLAs, Ministry of Railways), Entrepreneurs, SMEs


Leadership in Academic Research

  • The most productive Indian institution in Management research in the decade 2001-2010 (LBS study)
  • Publications in top-tier academic journals in every area of Management research
  • Launched the doctoral level Fellow Programme in Management ( FPM)


Increasing focus on issues of national importance

  • Developing innovative Business models in Affordable Housing, Skills Development and Healthcare
  • Focusing research in areas such as Healthcare, Public Policy, Manufacturing, Infrastructure, Innovation among others
  • Improving Financial Access for Small and Medium scale businesses


Having entered its tenth year in December 2010, the ISB is launching series of impactful initiatives to augment its research focus and underline its primary aim of creating high-quality business leaders who help address major societal challenges. It has planned a yearlong outreach programme re-engaging all stakeholders, and shaping the charter for the next stage of the school’s growth.