Indian School of Business
Indian School of Business (ISB), a private business school in India with campuses at Mohali, Punjab and Hyderabad, Telangana, is a non profit organization. The school was founded by two senior executives of McKinsey & Company and is governed by a board comprising both Indian and non-Indian businessmen. ISB has been ranked 27th in the world in the 2017 Financial Times Global MBA Rankings. It is the first business school in Indian subcontinent to be accredited by the Association to Advance Collegiate Schools of Business. However, ISB is not accredited by the Indian statutory body, the All India Council for Technical Education (AICTE). ISB has chosen not to apply for accreditation by AICTE as it offers neither a diploma nor a degree. In 2008, it became the youngest institution to find a place in global MBA rankings when it was ranked 20. Indian School of Business accepts both GMAT and GRE scores for the admission process.