Indian School of Business was started in 1996 by a group of business leaders and academicians, who recognised the need for a globally ranked business school in Asia. After the executive board was created, ISB established partnership with International Business schools, namely Kellogg School of Management and Wharton - University of Pennsylvania. Following this, a post graduation course at its first campus in Hyderabad was launched in 2001, with an initial batch of 128 students.
In a development that spells joy for Punjabis, the prestigious business school inaugurated its Punjab campus in SAS Nagar in 2012. Sprawled over 70 acres of land in the 'knowledge city'- purported to be a second home to some of the best institutes of the country - the campus is equipped with state-of-the-art learning infrastructure that includes lecture theatres, a 500-seat auditorium, high definition video conferencing facilities to enable collaboration across locations, seamless access to digital and online library resources and wi-fi facilities.
Says Ajit Rangnekar, dean of ISB, "We have video conferencing facilities that allows the students in SAS Nagar to interact with those at the Hyderabad campus, and thereby exchange thoughts and ideas."
The region's campus also boasts of world-class amenities, including fully serviced apartments for students and faculty. These are furnished studio apartments that have a common room, bedroom, kitchen and washroom.
One of the resident students, Pawan Verma returned to India after five years of staying at Atlanta, US. Wanting to be an entrepreneur, he came to ISB. Staying with his family in one of the apartments, says Pawan, "These are very well furnished apartments in which even the kitchens are furnished, replete with a microwave and a chimney. All we need to do is get groceries. I don't think I could have asked for anything more."
Even though students such as Pawan didn't ask for more, there are ample facilities provided in the campus' vicinity, including a 24-hour Café Coffee Day outlet. A host of cafeterias, cafes and recreational facilities, support services such as banking, communication, convenience stores and medical facilities are only some of the features of the eco-friendly campus.
The buildings also adhere to the latest international building code and educational-facility-operating standards. The campus has even been designed to meet the LEED (Leadership in Energy and Environmental Design) Gold sustainability criteria, with energy-efficient mechanical and electrical fixtures, rainwater harvesting, maximised day lighting and passive environmental controls.
"Four new institutes are being formed at the ISB's Mohali campus - Max Institute of Healthcare Management, Munjal Global Manufacturing Institute, Bharti Institute of Public Policy and Punj Lloyd Institute of Physical Infrastructure Management," informs Savita Mahajan, the deputy dean and CEO here.