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Is ISB better than IIM?

Updated: 2 hours ago

Yes, if the applicant has a work experience of upto 4 or 5 years and is considering a one year MBA program, ISB is a good choice for him. However if the applicant has a work experience of more than 5 years he / she is also eligible for the IIM one year MBA for executives, where the number of options for the applicant increases. For applicants with a work experience of around 8 years the IIM Executive MBA programs maybe quite suitable as the average work experience in the IIM one year MBA class is around 8 to 8.5 years.


Apart from these, there are also differences in the class size, class average age, curriculum and program structure which would be important for the individual learners to decide on the program according to their personal preferences. We are discussing these in detail in this blog.


ISB and IIM are top ranked schools in India and worldwide. IIM and ISB are however different in may ways like the average class profile, work experience, kind of industries that graduates get opportunities post MBA and functional roles offered in the placements at IIM vs ISB. If one goes by the rankings above ISB definitely stands a level higher than IIM. However, to address the question of is ISB Hyderabad better than IIM, we will take a standard roadmap of what the program offers and the program structure. To decide between ISB vs IIM for a specific profile depends on what the applicant is seeking from the MBA program.


The differences between ISB vs IIM can be categorized into 25 criteria which we have discussed below:


1. Class Profile of IIMA PGPX Class of 2025 Vs ISB PGP Class of 2025:


The IIMA PGPX class of 2025:

  1. Consists of 158 students.

  2. The average GMAT score for this cohort is 697.

  3. While the average GRE score is 324.

  4. The average work experience of the students is 7.1 years, indicating a cohort with substantial professional experience prior to joining the program.


For the ISB MBA Class of 2025:

1. ISB 2025 Class Size: 881

2. ISB MBA Age range: 22 years to 44 years

3. ISB MBA work experience range: 2 years to 24 years

4. ISB MBA average age: 26 years

5. ISB PGP average work experience: 4.1 years


Based on the class profile applicants can choose between the IIM vs ISB based on their preferences for the MBA experience.


ISB vs IIM ABC - Batch Size and Demographics Class of 2025

Parameter

ISB PGP Class of 2025

IIMA PGPX

IIMC MBAEx

IIMB EPGP

IIML IPMX

IIM Indore EPGP

Batch Size

816

158

80

82

110

74

Average Age

26

~30

30

30

31

31

Average Work Experience

4.1 years

7.5 years

8.5 years

7 years

8.7 years

8.4 years

Work Experience Distribution

Up to 4–8 years

4–12+ years

5–11+ years

5–9+ years

5–12+ years

5–12+ years

Gender Diversity (% Female)

47%

26%

~15%

27%

~29%

17%


The Prestige and Evolution of IIM and ISB:

The IIMs represent academic excellence in India. Founded in the 1960s, they have maintained their reputation over the decades. Each IIM is autonomous, fostering diverse academic cultures.


ISB, although much younger, has rapidly gained prestige. It was founded with the vision to bring international education standards to India. ISB is well-regarded for its innovative approach and research-driven environment.


The branding of these institutions plays a key role. IIMs are often associated with tradition and extensive history. Meanwhile, ISB is seen as dynamic and globally inclined.

Both institutions attract top-tier faculty from around the world. This enriches their educational offerings with diverse expertise. Faculty members at both IIMs and ISB also engage actively in research.


Notably, alumni from these institutions hold influential positions globally. Their success stories add to the allure of IIMs and ISB. This influence bolsters the reputation of both institutions internationally.


While IIMs have long dominated the business education scene, ISB's rise showcases India's evolving educational landscape. The country's business education continues to expand and adapt to global changes.


These institutions' prestige affects student choice. Potential students often weigh historical reputation against modernity. The decision often hinges on an individual's career aspirations and learning preferences.


Functional Backgrounds Represented in Class in the One Year MBA at ISB and IIMs

Function

ISB (%)

IIMA (%)

IIMC (%)

IIMB (%)

IIML (%)

IIM Indore (%)

Consulting

14%

12%

7.5%

8%

10%

12%

Sales & Marketing

14%

12%

7.5%

3%

9%

9%

Product Management

~10%

18%

6%

7%

5%

8%

Operations & Supply Chain

~8%

12%

~5%

12%

29%

19%

Finance & Investing

13%

9%

~8%

4%

10%

15%

Technology

21%

9%

2–5%

10%

10%

4%

General Management

~10%

9%

~5%

6%

7%

7%

Others

10%

13%

Varies

Varies

Varies

27%


2. IIM vs ISB in Salary:

Salaries are a major factor in the IIM vs. ISB debate. Both institutions offer attractive financial returns post-graduation. Let's explore the specifics of these salary outcomes.


IIMs traditionally command high salary packages, particularly in finance and consulting. The robust alumni network and brand recognition boost employability. Graduates often secure positions with leading multinational firms.


ISB, however, has carved a niche in entrepreneurship and tech fields. It offers competitive salaries, with a focus on innovation-driven roles. ISB's global curriculum aligns well with these high-growth sectors.


The highest salaries at IIMs can surpass those at ISB in specific industries. Yet, ISB's average salary can be impressive, particularly in tech roles. This reflects the changing demands of the global job market.


Additionally, the return on investment (ROI) from both schools is significant. Students typically recover educational expenses quickly due to lucrative packages. This makes both IIMs and ISB attractive for potential enrollees.


Ultimately, the choice depends on career goals and sector preferences. Prospective students should weigh salary trends alongside personal ambitions. This approach ensures an informed and strategic educational decision.


Comparing IIM vs ISB in Salary for the latest class profiles:

Parameter

ISB PGP

IIMA PGPX

IIMC MBAEx

IIMB EPGP

IIML IPMX

IIM Indore EPGP

Median Salary (INR LPA)

34.5

36.2

32.28

34

32

~28

Mean Salary (INR LPA)

34.21

36.2

32.68

34

32

~28

Key Sectors

Consulting, Technology

Technology, Consulting

IT, Oil & Gas

Technology, BFSI

IT, Consulting

BFSI, Energy


The median salaries offered during IIMA PGPX placements in 2023 were as follows for the various sectors:

  1. Automotive sector - INR 32,40,000

  2. BFSI sector - INR 30,00,000

  3. Conglomerate sector - INR 28,96,000

  4. Consulting sector - INR 25,50,000

  5. Data science industry - INR 30,00,000

  6. Ecommerce sector - INR 32,00,006

  7. Education sector - INR 35,00,000

  8. Energy sector - INR 30,00,000

  9. Engineering procurement and construction sector - INR 23,40,000

  10. FMCG sector - INR 32,17,227

  11. Healthcare sector - INR 27,00,000

  12. Infrastructure industry - INR 28,44,000

  13. IT Consulting industry - INR 29,00,000

  14. IT services sector - INR 26,21,759

  15. Logistics sector - INR 27,50,000

  16. Manufacturing sector - INR 48,00,000

  17. Retail industry - INR 25,00,000

  18. Pharma sector - INR 25,11,000

  19. Software services - INR 35,00,000

  20. Technology sector - INR 23,15,000

Trends in IIMA PGPX Placements in the last 5 years (INR Annual).

  1. In the year 2018, the highest salary offered was INR 54.6 lakhs

  2. In the year 2019 the highest salary offered was INR 60 lakhs

  3. In the year 2020 the highest salary offered was INR 81 lakhs

  4. In the year 2021 the highest salary offered was INR 82 lakhs

  5. In the year 2022 the highest salary offered was INR 75.2 lakhs

Median salary offered in IIMA PGPX Placements in the last 5 years:

  1. In the year 2018 the median salary offered was INR 28.4 lakhs

  2. In the year 2019 the median salary offered was INR 30 lakhs

  3. In the year 2020 the median salary offered was INR 30 lakhs

  4. In the year 2021 the median salary offered was INR 30 lakhs

  5. In the year 2022 the median salary was INR 36.2 lakhs


How were the ISB Hyderabad placements 2024?


For the class of 2024 at ISB the average package was INR 32.5 lacs. Dreaming of a consulting role post-MBA? ISB consulting careers provide ample networking and placement support for aspiring consultants. See how ISB’s curriculum supports consulting skills and career paths.


ISB average package 2023 for different sectors (80% average CTC) is as below:

  1. Advertisement/ Media sector : INR 32,03,704 in 2022 while it is INR 32,12,444 in 2023

  2. BFSI in 2022 : INR 34,90,064 while it is INR 30,96,269 in 2023

  3. Conglomerate sector : INR 24,63,333 in 2022 while it is INR 31,26,806 in 2023

  4. Consulting sector : INR 33,29,759 in 2022 while it is INR 35,57,509 in 2023

  5. Technology sector : INR 33,89,061 in 2022 while it is INR 32,86,100 in 2023

  6. Pharma/ Biotech sector : INR 31,64,219 in 2022 and INR 37,03,889 in 2023

  7. Manufacturing sector: INR 25,35,714 in 2022 and INR 48,83,400 in 2023

  8. Education sector : INR 28,05,000 in 2022 while it is INR 43,33,333 in 2023

  9. Infrastructure sector : INR 28,00,000 in 2022 while it is INR 30,00,004 in 2023

  10. Oil/ Energy sector: INR 34,00,000 in 2022 and it was INR 29,58,701 in 2023

  11. Transportation/ Logistics sector : INR 35,92,761 in 2022 and it was INR 29,93,213 in 2023.

Get in touch with an experienced MBA admission consultant at GOALisB for a profile evaluation or application assistance.


Looking to venture into tech or product roles post ISB MBA? ISB MBA career options in product management equip students with skills needed to lead in tech-focused industries. See what the program offers for this sought-after career path.


Comparing placements for IIM vs ISB over the last few years we find:

  1. ISB PGP average placements for 2021 average: INR 27,13,055

  2. IIMA PGPX placements for 2021 average: ~ INR 28 lacs

  3. IIMB EPGP placements for 2020 averaged : INR 29.88 lacs

  4. IIMC MBAEx placements for 2021 averaged : INR 28.75 lacs

The numbers above give the averages and it is quite evident that they are quite close for IIM vs ISB.


3. Prominent Sectors in Placements at IIM vs ISB differ:

Over the years we have observed with our admits that the one year MBA programs whether IIM vs ISB both have facilitated both role change and sector change for applicants. When we look closely we find the recruitment patterns as follows at IIM vs ISB:

  1. At IIM Executive MBA the largest sector pool recruited was the IT sector, followed by online services, then consulting and then BFSI amongst other sectors which include energy, Pharma, manufacturing, FMCG etc.

  2. In terms of function, the majority placements took place in marketing roles, followed by operations and general management at IIM Executive MBA.

  3. On the other hand at ISB PGP a large proportion of hiring takes place in consulting, followed by e-commerce, FMCG and retail and finance/ financial services.


4. Salary progression in Placements at IIM vs ISB also differs:


The CTC enhancement at ISB for graduates across a range of work experience for the class of 2021 has been observed as below:

  • For graduates with a work experience of 2 years to 3 years the hike in CTC post an ISB MBA has been recorded at close to 275%.

  • Graduates with an experience in the range of 5 to 6 years achieved an enhancement of approximately 145% in their CTC post the ISB MBA.

This evaluation of IIM vs ISB might be important for some applicants who are quite sector and role focused in their MBA investment decision. With a specialized approach for each industry, ISB welcomes applicants from oil and gas. Here’s how the ISB application process for oil and gas professionals can help showcase industry-specific leadership and technical skills.


5. Batch size at IIM vs ISB differs giving a very different learning experience to students:

Amongst the IIM Executive MBA programs, the batch sizes are very different and every student has a different preference - a small batch size or a large batch size.

  1. IIMA PGPX enrolled a batch size of 158 in the class of 2025

  2. IIMB EPGP usually enrolls a batch size of 83 students in the class of 2025

  3. IIMC MBAeX enrolls a batch size of around 80 in the class of 2025

  4. ISB PGP enrolls a batch size of close to 819 in the class of 2025


The applicant must evaluate how they learn best and choose between IIM vs ISB accordingly.


Amongst the ISB vs IIM Executive MBA programs, the batch sizes are very different and every student has a different preference - a small batch size or a large batch size. The applicant must evaluate how they learn best and choose between IIM vs ISB accordingly. The average work experience of the class is also quite different which again adds up to a different cohort composition at IIM vs ISB.


Are you an e-commerce professional aiming for an MBA? ISB for e-commerce professionals provides insights into how the program can amplify your e-commerce career, including networking and specialized resources.


6. Range of work experience in the class is different at ISB vs IIM which creates a different class room experience:

  1. ISB work experience range: 2 years - 20 years

  2. IIMA PGPX work experience range: 4 years - 19.5 years

  3. IIMB EPGP work experience range: 5 years - 13 years

  4. IIMC MBAEX work experience range: 5 years - 17 years


7. The average work experience of the class is also quite different which again adds up to a different cohort composition at IIM vs ISB:

  1. ISB average work experience: 4.6 years

  2. IIMA PGPX average work experience: 8 years 3 months

  3. IIMB EPGP average work experience: 7.42 years

  4. IIMC MBAEX average work experience: 8.1 years


8. Rankings and Reputation: ISB vs IIM Ranking

Rankings play a crucial role when evaluating business schools like IIM and ISB. They help establish the reputation and perception of an institution. Understanding how these rankings work is essential for prospective students.


IIM and ISB often feature prominently in both national and global rankings. These rankings factor in various criteria including academic excellence, faculty quality, and placement records. Both institutions are well-respected, although the emphasis might vary.


The methodology behind these rankings can offer insights into an institution's strengths. For example, certain rankings may prioritize research output. Others might focus more on employability and alumni success stories.


A major advantage of high rankings is the global recognition it affords graduates. Prestige from top-ranked institutions can open doors worldwide. It also enhances the value of the education received at such schools.


Rankings are not the sole indicators of quality, but they contribute significantly. They provide a quantitative measure that complements qualitative evaluations. Understanding them can help align educational choices with career ambitions.


Both IIM and ISB have been lauded for their comprehensive programs. The rigorous academic environment is a common point of praise. Their approach to holistic development is often highlighted in rankings.


Understanding the rankings involves:

  • Criteria: Academic excellence, placement success, research output.

  • Global vs. National: Different weight for international aspirations.

  • Reputation Impact: Influence on career prospects and networks.


While rankings are informative, they should be one of many factors in decision-making. Personalized fit and career alignment are equally important considerations. An understanding of rankings can be a useful part of evaluating these premier institutions.


Comparing the latest ISB vs IIM Ranking:

Institution

FT MBA Rank (2024)

QS Asia Rank

LinkedIn Rank

Indian School of Business (ISB)

31

15

6

IIM Ahmedabad

41

9

19

IIM Bangalore

47

8

27

IIM Calcutta

67

11

24

IIM Lucknow

85

-

29

IIM Indore

-

23

46


IIM vs ISB as per the FT Business School Rankings 2024 vs 2023:

ISB FT MBA ranking 2023 - 39 and it has ranked at 31 in FT MBA Ranking 2024.

IIMA FT MBA ranking 2023 - 51 and it has ranked at 41 in FT MBA Ranking 2024.

IIMB FT MBA ranking 2023 - 52 and it has ranked at 47 in FT MBA Ranking 2024.

IIMC FT MBA ranking 2023 - 76 and it has ranked at 67 in FT MBA Ranking 2024.

IIMI FT MBA ranking 2023 - 89 however it doesn't feature in the FT MBA ranking 2024.

IIML FT MBA ranking 2023 - 90 and it has ranked at 85 in FT MBA Ranking 2024.

XLRI has featured in the FT MBA ranking 2024 at 99th position.


Evaluating, Is ISB worth the high fees? This guide outlines the value of ISB’s network, career placements, and post-MBA earnings, helping you evaluate the return on investment.


IIM vs ISB QS Global MBA Rankings Asia 2025:

ISB ranks 15th in QS Global MBA Rankings Asia 2025

IIMA ranks 9th in QS Global MBA Rankings Asia 2025

IIMB ranks 8th in QS Global MBA Rankings Asia 2025

IIMC ranks 11th in QS Global MBA Rankings Asia 2025


If you consider the FT Global MBA rankings 2023, ISB does rank higher than IIM, however the response to IIM vs ISB would be different for every individual.


9. According to FT MBA rankings 2024, in terms of percentage of Career Services, ISB vs IIM fares as below:

  1. Career Progress Rank:

    • IIM Ahmedabad: Ranked 1.

    • IIM Bangalore: Ranked 6.

    • IIM Lucknow: Ranked 7.

    • ISB: Ranked 41.


10. Alumni Network Rank at IIM vs ISB differs:

The alumni networks of IIMs and ISB are vast and influential. They play a crucial role in shaping students' career paths. Access to a robust network opens numerous opportunities.


IIM alumni often hold prominent positions globally. This extensive network can be a powerful resource. It offers insights and connections that help in career advancement.

ISB alumni are equally distinguished, with strong industry presence. They actively participate in mentorship and recruitment activities. This involvement greatly benefits current students.


Both networks foster lifelong professional relationships. They provide a platform for sharing experiences and opportunities. Alumni interactions often lead to career breakthroughs.


These networks also facilitate collaboration across sectors. They help in navigating career transitions and exploring new fields. The alumni communities provide support long after graduation.


Overall, the alumni networks of IIMs and ISB are invaluable assets. They significantly contribute to the career success of students and graduates. The connections and support they offer cannot be understated.


Alumni Network Rank:

  • IIM Ahmedabad: Ranked 16.

  • IIM Bangalore: Ranked 39.

  • IIM Lucknow: Ranked 23.

  • ISB: Ranked 8.


IIM vs ISB is a question that we face almost other day and the clear answer is that both the institutes are stalwarts in delivering World class MBA education in India. Beyond that what you make of the education is upto you. In terms of the course content there is hardly a lot of comparison between IIM vs ISB as both enrich the graduates in experience, network, contemporary management education and provide the MBA graduates a sea of opportunities.


ISB Placements boast excellent post-graduation outcomes across industries. Learn about the average salaries, top recruiting firms, and sector-wise placement stats.


11. International rankings of IIM vs. ISB:


The FT MBA ranking 2024 positions 6 Indian schools as leading institutions of education. In all we observe that the MBA programs in India rank the third in terms of a country represented in the ranking.


The Indian MBA programs that rank in the FT MBA ranking 2024 are:

  1. ISB MBA: FT Rank 2024 is 31

  2. IIM Ahmedabad: FT Rank 2024 is 41

  3. IIM Bangalore: FT Rank 2024 is 47

  4. IIM Calcutta: FT Rank 2024 is 67

  5. IIM Lucknow: FT Rank 2024 is 85

  6. XLRI FT Rank 2024 is 99

Indian MBA Programs: FT vs QS Rankings Comparison 2024-25


IIM Ahmedabad

FT Ranking (ranks 41st Globally, 9th Asia)

  • Career Progress Rank: 1st globally

  • Weighted Salary: $194,595

  • Salary Increase: 141%

  • Employment Rate: 99%

  • Faculty with Doctorates: 100%

  • Female Students: 22%


QS Ranking (9th in Asia)

  • Overall Score: 63.3/100

  • Employability: 64.5

  • Thought Leadership: 59.7

  • Return on Investment: 80.6

  • Diversity: 23.6

  • Entrepreneurship: 62.4


IIM Bangalore

FT Ranking (Ranks 47th Globally, 11th in Asia)

  • International Course Experience: 7th globally

  • Weighted Salary: $167,425

  • Salary Increase: 169%

  • Employment Rate: 100%

  • Faculty with Doctorates: 100%

  • Female Students: 12%


QS Ranking (Ranks 8th in Asia)

  • Overall Score: 67.4/100

  • Employability: 70.7

  • Thought Leadership: 67.2

  • Return on Investment: 84.8

  • Diversity: 23.8

  • Entrepreneurship: 55.4


Indian School of Business


FT Ranking ( Ranks 31 Global, 5th Asia)

  • Alumni Network Rank: 8th globally

  • Weighted Salary: $174,421

  • Salary Increase: 229% (Highest in Asia)

  • Employment Rate: 100%

  • International Students: 1%

  • Female Students: 40%


QS Ranking (15th Asia)

  • Overall Score: 58.3/100

  • Employability: 54.5

  • Thought Leadership: 60.7

  • Return on Investment: 71.4

  • Diversity: 41.0

  • Entrepreneurship: 61.1


Key Insights of Rankings Comparison for QS 2025 and FT 2024:


  1. Ranking Emphasis Differences:

    • FT focuses heavily on salary metrics and career outcomes

    • QS emphasizes academic reputation and diversity

  2. Consistent Strengths:

    • Career progression (especially IIM-A)

    • Employment rates (near 100%)

    • Faculty quality (100% doctorates)

  3. Areas of Divergence:

    • International diversity (low scores in QS)

    • Research/thought leadership (stronger in QS)

    • Entrepreneurship (new metric in QS)

  4. Notable Trends:

    • Higher positions in FT for career-based metrics

    • Lower scores in QS for diversity metrics

    • Strong ROI scores across both rankings

    • ISB shows highest salary increase but lower overall QS rank


12. Eligibility for the IIM vs ISB program differs:


ISB MBA programs and Executive MBA from IIM Ahmedabad, Bangalore, Calcutta are definitely programs befitting professionals with experience. In terms of minimum eligibility criteria for years of work experience for ISB vs IIM executive MBA programs compare as below:

  1. ISB MBA eligibility: Minimum of 24 months of work experience.

  2. Executive MBA at IIM Ahmedabad: Minimum 4 years of work experience

  3. Executive MBA at IIM Bangalore: Minimum 5 years of work experience

  4. Executive MBA at IIM Calcutta: Minimum 5 years of work experience


13. Score requirements for the IIM Executive MBA vs the ISB:


If we compare the score requirements for the IIM vs ISB there is a slight difference among the individual schools as below:

  1. ISB: Accepts the GMAT score or the GRE score

  2. IIMA PGPX : accepts the GMAT score or the GRE score

  3. IIMB EPGP : accepts the GMAT score of the GRE score

  4. IIMC MBAEX : accepts only the GMAT score


Average GMAT scores for the Class of 2022 for IIM vs ISB

  1. ISB : 710, GMAT score range 600 to 780

  2. IIMA PGPX : 701

  3. IIMB EPGP: 690, maximum 770

  4. IIMC MBAEX: 685 , maximum 750


Average GRE score for the Class of 2023 for IIM vs ISB

  1. ISB : 328, GRE score range 311 to 335

  2. IIMA PGPX : 323


14. Course components at IIM Executive MBA and ISB PGP:

The curriculum at both the Executive MBA from IIM and ISB PGP are based on a mix of core and elective courses. International exposure, group work, team projects, well established faculty, leadership training - all gear up students for achieving their future career goals.


International Exposure and Global Immersion Programs:


Global exposure is a vital component of modern business education. IIMs and ISB both recognize the value of international perspectives. They provide various global immersion programs to enhance learning experiences.


IIMs offer partnerships with foreign universities. These collaborations allow for student exchanges and global study tours. Such initiatives foster a broader understanding of international business practices.


ISB emphasizes international exposure through its international exchange programs. It collaborates with leading global business schools. These partnerships enable students to experience diverse cultural and economic environments.


Participation in these programs enriches students' global outlook. It also enhances their adaptability in a multicultural business landscape. Such exposure is invaluable for those aspiring to compete in a global market.


15. ISB vs IIM Placements: Companies and Roles Offered

Placement success varies between IIMs and ISB, shaped by sector strengths. Each attracts a range of top-tier companies offering diverse roles. Understanding these dynamics is crucial for potential students.


IIMs witness strong demand from consulting and finance sectors. Firms like McKinsey, and BCG are frequent recruiters from the two year MBA at IIM. They offer roles focused on strategy, finance, and management.


ISB graduates often find opportunities in tech, healthcare, and entrepreneurship. Companies like Google, Amazon, and several startups actively recruit. Leadership and strategic roles are common in these industries.


The diversity of roles enhances the career trajectory for graduates. IIM graduates often move into senior management and consulting positions. Conversely, ISB graduates enjoy roles in digital transformation and innovation.


Both institutions offer robust placement support and career services. This includes resume workshops, interview preparation, and networking events. Students are well-prepared to meet industry expectations.


Placement outcomes influence the value proposition of each school. The right fit aligns with career aspirations and sector interests. Understanding company affiliations helps tailor applications and career goals.


Common Job Titles Offered at IIM vs ISB Placements According to the Linkedin MBA Ranking 2024

Institution

Common Job Titles

Indian School of Business

Product Manager, Program Manager, Management Consultant

IIM Ahmedabad

Product Manager, Business Analyst, Program Manager

IIM Calcutta

Product Manager, Management Analyst, Business Consultant

IIM Bangalore

Product Manager, Program Manager, Business Analyst

IIM Lucknow

Product Manager, Program Manager, Business Consultant

IIM Indore

Product Manager, Business Analyst, Investment Banking Analyst


16. Admission process of the school:

The admission process is relatively similar when we evaluate IIM vs ISB. The basics that one must fulfil are the GMAT score for ISB, IIMA, IIMB and IIMC, a set of essays for ISB and IIMA whereas it's an SOP for IIMB and IIMC, 1 recommendation for ISB whereas 2 recommendations for IIM. Once the application is accepted by the school and interview follows which is quite different for each school.


When comparing the admission processes of IIM and ISB, we find that the basic requirements are similar, including a GMAT score and essays or SOPs. However, ISB requires one recommendation while IIM requires two. The interview process for each school differs, with IIM A beginning with an extempore discussion and IIM B and IIM C having different interview sequences. The ISB interview focuses on work experience and the fit of the applicant for the program. Both IIM and ISB evaluate the depth of past work experience, the need for an MBA, and the applicant's post-MBA goals.

Comparing IIM vs ISB according to the admission process:


ISB PGP admissions process:

  1. Minimum work experience: 2 years

  2. Test Score: GMAT or GRE


IIMA PGPX admissions process:

  1. Minimum work experience: 4 years

  2. Test Score: GMAT or GRE


IIMB EPGP admissions process:

  1. Minimum work experience: 5 years

  2. Test score: GMAT or GRE


IIMC MBAEX admissions process:

  1. Minimum work experience: 5 years

  2. Test score: GMAT only


IIML IMPX admissions process:

  1. Minimum work experience: 5 years

  2. Test score: GMAT or GRE


IIMI EPGP admissions process:

  1. Minimum work experience: 5 years

  2. Test score: GMAT or GRE


17. Interview process for selection adopted by the school:


The interview process at IIM vs ISB differs mainly in terms of the pattern of interaction however, is a bit different for each. While IIM A starts the interview with an extempore discussion, IIM B and IIM C differ in the sequence of the events during an interview. The ISB interview categorically moves around the work experience, and it is an inquiry into the fit and the preparedness of the applicant for the ISB PGP program. IIM or ISB both evaluate the depth of the past work experience of the applicant, the justification of the need of an MBA for the future career path along with a clear set growth plan to achieve one's post MBA goals.


18. Location preference of the applicants:

According to locations they prefer applicants can choose from various programs across India.


1. ISB PGP (Post Graduate Program) at Hyderabad and Mohali

2. Executive MBA from IIM Ahmedabad - PGPX (Post Graduate Program for Executives)

3. Executive MBA from IIM Bangalore - EPGP (Executive Post Graduate Program)

4. Executive MBA from IIM Calcutta - MBAeX (Post Graduate Program for Executives)

5. Executive MBA from IIM Lucknow - IPMX (International Programme in Management for Executives)

6. ISB Executive MBA - ISB PGPpro and ISB PGPMAX at Mumbai, Bangalore, New Delhi (NCR) and Hyderabad


19. Value For Money rank post MBA in ISB vs IIM:

  • Indian School of Business (ISB):

    • Value for Money Rank: 55

  • IIM Ahmedabad:

    • Value for Money Rank: 29

  • IIM Bangalore:

    • Value for Money Rank: 39

  • IIM Calcutta:

    • Value for Money Rank: 36

  • IIM Lucknow:

    • Value for Money Rank: 45


  • Among the IIMs, IIM Ahmedabad ranks the highest in Value for Money at 29.

  • ISB, with a rank of 55, trails behind IIM Ahmedabad, Bangalore, and Calcutta but ranks higher than several international schools.

  • Value for Money rankings typically consider the tuition cost, salary outcomes, and additional career benefits provided by the program, highlighting differences in perceived ROI between ISB and IIM programs.


20. ROI of the IIM Executive MBA or the ISB:

The ROI of an Ivy league program is not rightly judged in the first year, so comparing placements is a very skewed approach to enumerate the value addition that these programs provide.


The actual ROI which most MBA graduates passing out from these institutions would agree comes after 2-3 years post MBA. That is when one spans out into the enigma of the institution that they have graduated from.


This makes the discussion of whether ISB Hyderabad is better than IIM quite irrelevant if one considers it in slightly long term. It would be more realistic to prepare well to spell out your goals and how you wish to achieve them.


21. Degree status of IIM vs ISB MBA

The IIM Executive MBA programs award degrees approved by the AICTE till date, however ISB not being a university cannot grant degrees to its graduates.


Finally, there is no doubt that the industry acceptance of IIM executive MBA and the ISB PGP is well established in India and abroad due to the widespread reach and success of their alumni. Choosing on the basis of the criteria enumerated above, IIM vs ISB definitely reaps rewards for future career growth.


22. Fees of IIM vs ISB 2024:


ISB MBA Fees: INR 41.5 Lacs to INR 44 Lacs (depending on type of accommodation & payment plans)

IIMA PGPX One year MBA for Executives Fees: INR 31.5 Lacs to 33.5 Lacs (depending on type of accommodation & payment plans)

IIMB EPGP One year MBA for Executives Fees: INR 30 Lacs to 32 Lacs (depending on type of accommodation & payment plans)


23. International exposure at IIM vs ISB:

At ISB admits get opportunity for a wider range of International exchange programs.

At IIMs the International immersion programs are limited to the current tie ups of the institute.


24. Cost of MBA: IIM vs. ISB – A Detailed Breakdown


Cost Comparison: ISB vs. IIM Ahmedabad PGPX

Aspect

ISB (PGP 2025-26)

IIM Ahmedabad PGPX (2025-26)

Program Duration

1 Year

1 Year

Base Fee (Tuition + Accommodation)

₹32.77L - ₹35.45L

₹34.15L - ₹36.20L

Additional Expenses (Books, Meals, etc.)

₹6.45L

₹6.45L (Estimated)

International Program Cost

₹4.5L (Optional)

Extra for IIP

Total Estimated Cost (Excluding IIP)

₹34.72L - ₹37.70L

₹40.60L - ₹42.65L

Total Estimated Cost (With International Program)

₹39.22L - ₹42.20L

₹40.60L+ (Varies based on IIP)


ISB offers a wide range of scholarships as compared to the IIM one year MBA programs till date.


25. Alumni for IIM vs ISB:

At ISB the alumni are around 16000+ as of date, while at IIM one year MBA programs, the alumni for the one year MBA programs are lesser in number than the alumni for the two year PGP programs.


Share your profile with us and schedule a call with an MBA admission consultant at GOALisB to discuss your chances at these top tier business schools in India. Get in touch with us on whatsapp at +91 7719497187 or email us at contact@goalisb.com.


Making the Decision: IIM vs ISB Comparison


Choosing between IIM and ISB is a significant decision for many aspiring business leaders. Each institution offers distinct advantages, and the choice depends on individual goals. It's crucial to consider various factors before making a decision.


First, examine the curriculum offered by IIMs and ISB. Both institutions provide comprehensive MBA programs, but their focus areas and teaching methodologies differ.

Determine which program aligns more closely with your career aspirations and learning style.


Next, consider the alumni network. IIMs have an extensive network across diverse industries, which can offer broad career opportunities. ISB's alumni network is also robust, with strong connections in corporate and entrepreneurial sectors. Networking potential is vital for post-graduation success.


Placements and salary outcomes are another key consideration. IIMs and ISB have impressive placement records, attracting top companies. Analyze the types of roles and industries graduates usually enter, as well as the salary packages offered. These insights can help measure the potential return on investment.


Location might also play a role in your decision. IIMs have campuses across India, while ISB is primarily based in Hyderabad and Mohali. Consider how proximity to industrial hubs might influence internship and job opportunities.


Here are a few additional factors to weigh:

  • Program Length and Flexibility: Is the program duration suitable for your needs?

  • Faculty Expertise: Does the faculty's industry experience meet your expectations?

  • Global Exposure: Does the school offer sufficient international experiences?

Each of these elements contributes to the overall fit of the institution with your personal and professional goals. Evaluating them carefully will lead to an informed decision.


Aligning Personal Goals with Institutional Offerings

It's vital for prospective students to align their personal goals with what IIM or ISB offers. Start by clearly defining what you want from your MBA. This might include career advancement, a career change, or skill enhancement.


Research the strengths and weaknesses of each program. IIMs are known for their diverse specializations and rigorous academic environment. On the other hand, ISB emphasizes a global perspective and entrepreneurial spirit.


Consider the teaching methods that each institution employs. If you prefer case-based learning, ISB might suit you better. However, if you're inclined towards intensive coursework, an IIM program could be ideal.


Moreover, factor in the culture and environment. Do you thrive in a competitive atmosphere like that at IIMs? Or do you prefer the collaborative and innovative setting at ISB? Reflect on these aspects to ensure a good match.


Step-by-Step Guide for Career Changers to choose between IIM vs ISB:

Choosing between IIM and ISB requires a structured approach. Here’s a step-by-step guide to aid decision-making:

  1. Assess Goals: Clarify what the student wants to achieve with an MBA, such as specific career goals or skill sets.

  2. Research Options: Investigate IIMs and ISB thoroughly, understanding their program features, strengths, and campus culture.

  3. Evaluate Requirements: Review admission criteria, ensuring alignment with the student's qualifications and experience level.

  4. Consult Resources: Use counseling tools and speak with alumni for insider perspectives on the benefits and drawbacks of each institution.


Each step should be approached with patience and thoroughness. This process can significantly aid in making a choice that best supports one's future aspirations. By following this guide, one can confidently navigate the complexities of business education selection.


Which Business School to Choose?

The choice between IIM and ISB is not a straightforward one, as both offer world-class business education. Each has unique attributes catering to different student needs and aspirations. Your decision should align with your career objectives, personal preferences, and professional background.


IIMs boast a long-standing reputation and vast alumni networks, which can be particularly beneficial for certain industries and traditional corporate roles. Their diverse programs and well-established infrastructure support a comprehensive learning experience.


Conversely, ISB offers a global perspective and innovative curriculum that suits those looking for a modern business education. Its focus on entrepreneurship and leadership is appealing to professionals aiming for dynamic corporate roles or starting their ventures.


In making this decision, prioritize what aspects of a business school experience matter most to you. Whether it’s the international exposure at ISB or the prestigious legacy of IIMs, weigh these against your aspirations.


Ultimately, both paths can lead to successful careers but require a thoughtful consideration of what each institution offers compared to what you desire for your future.


Final Thoughts and Recommendations

Deciding between IIM and ISB is highly personal. It’s essential to match the school’s strengths with your career ambitions and learning style. Consider visiting campuses, engaging with current students, and attending informational sessions to get a feel for each environment.


Next Steps for Prospective Students

After researching, make a pros and cons list for each institution. Reflect on how each aligns with your goals. Lastly, start preparing for entrance exams or application materials based on your choice. This preparation is a crucial step toward your future success in business education.


Frequently asked questions about IIM vs ISB:


Is IIM A better than ISB?

Both IIM Ahmedabad and ISB are premier business schools in India but cater to different applicant profiles and career goals. IIM Ahmedabad's PGP primarily targets fresh graduates or those with limited work experience, while ISB's PGP is designed for mid-career professionals with 2-5 years of experience. According to the FT MBA 2024 rankings, IIM Ahmedabad ranks higher globally at number 41, while ISB is ranked at number 31, showcasing ISB's strength in international metrics like salary increase (229% for ISB vs. 141% for IIM A) and alumni network. Choosing between them depends on your career stage, goals, and desired outcomes.


Is ISB the best MBA in India?

ISB is one of the top-ranked MBA programs in India, frequently competing with IIM Ahmedabad, Bangalore, and Calcutta. It ranks at number 31 in the FT MBA 2024 rankings, above all other Indian schools, and boasts an impressive weighted salary of $174,421 with a 229% salary increase. Its international faculty (40%) and global collaborations make it particularly attractive to mid-career professionals. While "best" is subjective, ISB's one-year program is considered one of the finest for experienced professionals seeking global exposure and career acceleration.


What is the salary of IIM graduates after 5 years?

IIM graduates' salaries after 5 years vary based on their program, industry, and location. For top-tier IIMs like Ahmedabad, Bangalore, and Calcutta, the average weighted salary reported in the FT MBA 2024 rankings is:

  • IIM Ahmedabad: $194,595 (~₹1.50 crore annually)

  • IIM Bangalore: $167,425 (~₹1.39 crore annually)

  • IIM Calcutta: $161,676 (~₹1.34 crore annually)

These figures are typically achieved by graduates in consulting, finance, and technology roles. International placements often exceed these averages, crossing ₹1.5-2 crore annually.

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