ISB doubles scholarships
Hyderabad, Oct 11 (INN): The Indian School of Business on Tuesday announced the doubling of its scholarships from Rs 4 crore to Rs 8 crore for the incoming class of 2013.
Through this increased outlay, one in every seven students studying at the ISB will receive scholarships of 25% to 50% of the total tuition fee. The scholarships will be awarded on both merit and financial need basis to outstanding students, selected on the basis of exceptional academic and professional performance as well as personal qualities such as leadership, integrity, and community service.
Speaking on the increase in scholarships, ISB's Deputy Dean Deepak Chandra said, 'We take great pride in the diversity of our students. The doubling of our scholarship outlay reaffirms our commitment of grooming future leaders by opening gateways to world-class management education. We are confident that our efforts will continue to reap results in terms of attracting the best talent as well as strengthening the brand ISB.'
In addition, students who aspire to start their own ventures also get support through the 'Develop India' scholarship. These scholarships are offered to aspiring entrepreneurs whose ideas are being incubated under the Entrepreneurs Development Initiative (EDI) at the Wadhwani Centre for Entrepreneurship Development (WCED) of the ISB. The scholarships cover the students' loan EMI amount up to a period of two years.
Apart from the ISB scholarships, several organizations such as Citi Foundation, Novartis, IBF, Talentia, La Caixa and Casa Asia provide a wide array of merit and need-based scholarships.
The Novartis scholarship is specifically offered to encourage women students from small towns, while the Citi Foundation scholarship has been one of the longest running scholarships being awarded at the school.
Now in its 10th year, the ISB's Post Graduate Programme in Management (PGP) is expanding to be delivered in two locations ' Hyderabad and Mohali. The intake for the next class will be for a single programme, across the two campuses. The combined class size is expected to increase from 560 to 770. Admissions are now open for the Class of 2013, the ISB spokesperson said.
News Posted: 11 October, 2011
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