Indus World School of Business

FAQ

What do you mean by Realizing one’s Potential?

One’s potential is infinite. Have you really thought about it?
When I say potential, let me share a few powerful one-line stories of determined youngsters like you, who are realizing their potential, who are turning into entrepreneurial leaders, with INDIA’s 90% unorganized economy providing immense opportunities -

A B-school grad has created ‘Vadapav’ business of 70 crores
Another one is a ‘sabjiwala’ in Patna with a turnover of 5 crores in 2009, 100crores in 2011.
A ‘mobile toilet’ business is worth multi-billion dollars for yet another youngster
Five young expat B-school grads who came to India last year made 25 crores in the very first year selling LED lamps to rural India, 200crore company in the second year.
Mobile phone based banking support network serving over 50lakh rural customers is sold off at a few million dollar valuation
A few first/second year MBA students are on their way to raking big moolahs with their firms in - farming cooperatives, innovations to market place, food processing, carbon rating, education etc. (All IWSB students) and five ideas from non-IWSB students are being incubated.

What is most important is what the two years of learning at a B-School makes of an individual like you. So the question to be asked is - Does it help me realize my potential and dreams - excelling in my job, in a corporate Or start my own enterprise Or take our family business to higher levels?

Who is an Entrepreneurial Leader?

Entrepreneurial Leader does not mean an Entrepreneur. Entrepreneurial Leadership is a mindset; it is about the spirit, thinking, orientation.
This mindset is as important for one who aspires to seek a high paying job (successful corporate leader also called an intrapreneur) as is for one who wants to start his own enterprise, or one who wants to join the family business (entrepreneur).
If you are entrepreneurial in thinking, there are greater chances of you succeeding in the corporate world, as organizations also look for one with such a mindset. This mindset can be inculcated in an ecosystem that can foster these qualities. So a B-School with such an ecosystem naturally stokes entrepreneurial leadership.
Entrepreneurial leaders are transformational and they relentlessly pursue their INFINITY . Typical traits include –

1- Ambitious and often first movers

2- Keen eye for opportunities

3- Challenge conventional thinking

4- Shift paradigms, create new insights

5- Relentlessly push the boundaries of possibilities

6- Assume full responsibility of outcomes

7- Change the rules of the game

8- Healthy appetite for risk

9- Conscious of their role for the betterment of the society

In short, Entrepreneurial Leaders mobilize resources, opinions and actions to achieve their goals.

Why IWSB? World Recognizes IWSB

You have been through the stories, which had a few IWSB students too who have started their enterprises. In the first batch of 45 students, only six have become entrepreneurs while the rest 39 are joining corporates. In the second batch there are already a few entrepreneurs. Think for yourself, in such an environment, even if you are seeking only a job, the learning and the environment will make you think more like an entrepreneur / Intrapreneur. So you are going to think very differently and the companies are going to like it. Like the HR head of Capgemini shared, “I am delighted to see different approach of the students here. I wish I could recruit all of them. Unfortunately I have to limit as I have more B-Schools to go to. But I will make sure that I tell more HR heads to visit IWSB campus to recruit.”

HOW MANY B-Schools has IIMA written a case about?
IWSB is a case study in making at IIM Ahmedabad : Ravi J Mathai Centre for Educational Innovation, IIM Ahmedabad is developing a CASE on "Setting New Trends in Business Education in India” that have significant potential to impact Indian society and economy, wherein IWSB is one of the four B-Schools selected out of over 1,500 B-schools existing in INDIA.

How many schools has Harvard Business School Publishing signed an MOU with?

Harvard Business School Publishing (HBSP), India Office, has entered into an institutional contract with IWSB for supplying case studies and other academic materials, based on the distinct work we had done with them in selecting the cases for students. In just over a year, IWSB has become one of their key clients in India.
NTPC has signed an LOI with IWSB for collaborating in creating INDIA Specific Case studies.

Outstanding Placements

We have made an outstanding start this year. Capgemini, Astrazeneca, Citibank, LG, Pepsi, Pfizer, BBC, Educomp, Kirusa, API and many young, fast growing companies along with large ones head to IWSB campus to recruit students (intrapreneurs) who specialized in Finance, Marketing, HR, Strategy and/or Systems. The summer interns are taken in for an average stipend of 25-30 thousand per month.

One of the top entrepreneurial campus in India

International Body NEN global has listed IWSB as one of the top entrepreneurial campuses in India this year, 2009.
Six IWSB students have started their own enterprise even before they have finished their PGP program. SIX other start-ups by NON-IWSB students too on the campus. The second batch of IWSB has attracted a few young entrepreneurs who are making their mark.

World Class Campus and Exciting Life at IWSB

IWSB's vibrant new campus on 5 acres will be ready by January 2010. The new batch in 2010 will get ‘empowered’ at the new campus. Check the videos on iwsb channel on YOUTUBE

Who are the people behind IWSB?

IWSB is envisioned and academically anchored by eminent people like Prof Ishwar Dayal (Founder Director IIML, 35+ years at IIMC, IIMA and IIML) and outstanding corporate leaders and entrepreneurs who have all risen from humble backgrounds. Every week you will get to meet at least one of eminent personality to interact with in informal situations (MY JOURNEY SESSIONS on Fridays)
The CAREER LAUNCHER team headed by Satya, its founder, (Asia-Pacific Promising Leader award 2009, Hong Kong; Karamveer Puraskar - Corporate Citizen, Corporate CEO Foundation Award 2009 for outstanding social contribution) is behind the Mission of IWSB is to play modest yet significant role in transforming the nation by empowering the youth like you.

What is the course structure and what are the specializations offered?

The PGP is a two-year programme designed with an eye on creating global business leaders of tomorrow. It has a unique modular structure similar to what has been adopted at Stanford, Yale and IMD Lausanne recently.
It aims at providing comprehensive and holistic learning through a curriculum that emphasizes rigor and analysis on one hand, while creating numerous opportunities for applying classroom learning to real-life business situations on the other.
The first year of the programme is focused on understanding and learning the fundamentals of economy and business, along with equipping oneself with the tools and skills required for analytical thinking. It also exposes a student to not only global perspectives but also to understand the realities in the real market place through rural immersion projects and shodhyatras(travel for research).
The programme commences with a Pre-Term of two weeks to induct and integrate students coming from diverse backgrounds. It is an action-packed module to get to know oneself, colleagues and friends, faculty and community. This initiates the entrepreneurial leadership mindset.
The modular structure in the first year is as follows.

Analytical Thinking and Systems perspective (2 + 4 + 2 weeks)
Business Fundamentals (12 + 12 weeks)
Corporate Strategy (3 + 2 weeks)
Globalization and its impact (4 weeks)
Rural Immersion (2 weeks)
Entrepreneurial Leadership (4 weeks)

The numbers in the brackets convey how the module will be structured by time, in weeks. Some of the modules are covered in multiple phases in the first year, each depicted by the distinct weeks allocated.

In the second year one will select electives based on his or her interest that can lead to specializations.
The specializations, or majors as we call, offered include –

Finance
Marketing
HR and Leadership
Strategy
Systems and Operations and
Entrepreneurship

How about placements?

We have made an outstanding start this year. Capgemini, Astrazeneca, Citibank, LG, Pepsi, Pfizer, BBC, Educomp, Kirusa, API and many young and fast growing companies along with large ones head to IWSB campus to recruit students (intrapreneurs) who specialized in Finance, Marketing, HR, Strategy and/or Systems. The summer interns are taken in for an average stipend of 25-30 thousand per month.

What is the profile of students at IWSB?

The IWSB ecosystem has students from across the length and breadth of India including far-flung locations as diverse as Andaman & Nicobar, Ahmedabad, Amritsar, Benaras, Bhopal, Bhubaneswar, Chandigarh, Cochin, Cuttack, Coimbatore, Guwahati, Gwalior, Indore, Jaipur, Jabalpur, J&K, Kanpur, Karnal, Lucknow, Mangalore, Patna, Pune, Ranchi, Trivandrum, Vishakhapatnam not to talk about large metros – Bangalore, Chennai, Hyderabad, Kolkata, Mumbai, Delhi and NCR.

What is the fees?

Tuition fees and Living Expenses Estimates for 2010 intake are as under (All in INR)

Tuition*	3,40,000
Academic Materials	75,000
Software licenses	30,000
Student Welfare	50,000
TOTAL	4,95,000

*Tuition will attract service tax
Living expenses that include Boarding and Lodging would be around Rs. 5000/- per month. These estimates are for twin-sharing accommodation.

What IWSB is looking for?

IWSB looks for potential leaders with all-round ability and not just high CAT/XAT scores. WE ARE LOOKING FOR YOU, if you are -

A potential 70%iler at CAT (your mock scores would have told you) or if you are sure of getting 30 answers right at CAT 2009 you should apply.
A potential 60%iler or you are sure of getting at least 25 answers right at CAT 2009 and

Exceptional demonstrated ability in - art forms: Music, Dance, painting, photography; any Sports; literature; innovation; environment and social contribution etc. OR
Demonstrated Entrepreneurial inclination - If have work experience or otherwise and want to do something on your own, if you have unique ideas and plans. OR
You are a female applicant. We especially encourage applications from female candidates. In fact, our aim is to have at least 25% of the batch size to comprise women.

What is the selection process?

Selection Process in Brief

The selection process at IWSB would involve multiple criteria and processes, evaluating the all round ability, understanding potential, and future leadership promise. This will happen in multiple cities in India. In all probability in our city too as over <your number> number of applications are expected from our city.

The Filled application form gives IWSB an insight into past performance, orientation and understanding of self
Scores in CAT/XAT/GMAT (Best of the scores in the last three years will be considered)
Based on the above two dimensions, a short-list will be created. Short-listed candidates will be called for a Group Process and Personal Interview at a few locations across INDIA.
Personality Assessment and Group Process –

Psychometric tests that give insights into personality traits,
A group problem-solving process that would involve 8-12 candidates - will amplify leadership traits
Personal in-depth Interview will give an opportunity to the candidate to showcase oneself and also help the institution to explore the unexplored.

4. Within a week or two of the process, the results will be announced. Candidate will receive the information through an E-mail, phone call and a physical offer. Within one week of the offer the candidate has to take the call and commit by paying the nominal admission fees.

Application Deadlines

For the PGPM June / July intake

	Important Dates
Application reaching IWSB	20th March 2010
Shortlisting, Personality Assessment round, Final offer	25th March 2010

Check here for the latest deadlines here. Round 2 applications will be processed subject to the availability of seats.

Applicants short listed for the Personality Assessment round will be informed electronically as well as telephonically.

Applicants who receive the final offer of admission must deposit the Admission Fee of Rs.35,000/- within 7 working days of receiving the offer, failing which the offer will be withdrawn.

Does IWSB offer Financial Assistance?

Scholarships

IWSB offers merit-cum-means based scholarships to incoming students. All students are automatically considered for these, subject to their submitting detailed financial earnings account of the primary earning member in the family, attested by a gazetted officer. Students intending to avail of the scholarship need to apply in the Round 1.

These scholarships are in the form of Research/Teaching/Institutional Assistantship. Students awarded the scholarships will be expected to spend a few hours every week assisting the members of the faculty in teaching or conducting research or in institutional building activities

Bank Loans

IWSB has tied up with leading banks to provide education loans to the admitted students. Details about these banks and the terms, etc. will be sent to all students who are finally selected for admission. Different banks will have different documental needs to sanction the loan that students have to furnish.

How to apply?

You can download the brochure and application form online from iwsb.in, fill the form, and attach all necessary documents mentioned there in. You can either–
1. Send the filled form along with a DD from any bank for Rs. 1000/- in favour of IWSB, payable at Delhi/Greater Noida and send it to the admissions address given below. OR
2. Go to the nearest Career Launcher Centre, pay Rs. 1000/-, procure the receipt, attach with the application form and submit the form at the centre itself.
Alternatively, go to the nearest Career Launcher Centre, procure the form by paying Rs. 1000/-, fill the form, and attach all necessary documents mentioned there in and the Career launcher receipt too. Submit the form at the Centre.

Admissions Office,
Indus World School of Business,
B-52, Okhla Industrial Area, Phase – I,
New Delhi – 110 020