The Dream
takes shape

In the mid-1990s, as India embarked on one of the most transformative periods in its modern history, a bold vision began taking shape: to build a business school that could stand alongside the world's finest institutions, while remaining deeply connected to the aspirations of a changing nation.

Conceived by leading business leaders, policymakers and globally renowned academic institutions, ISB was envisioned not simply as another management school, but as a new model for management education in India. 

It is once in a lifetime that you build an institution that has been conceived by the world's most respected corporations in collaboration with the best of the academia. I am proud to be a part of this endeavour.

- Rajat Gupta, Founding Chairman, ISB

Stone Laying Ceremony

Founding the
institution

A strong institutional foundation emerged through collaboration between industry leaders, policymakers, and academic advisors across India and abroad.

Tags

Framework

ISB formally constituted its Board, establishing the governance and strategic framework for a globally benchmarked business school in India.

1996

Partnership agreements were signed with Kellogg
School of Management
and The Wharton School,
shaping ISB's academic foundation

1997

1998

The first international Governing Board meeting, held
at the McKinsey office in New York on October 13, 1998,
refined ISB's vision for globally relevant, research-led
management education.

Building the
Campus

The sprawling 250-acre Hyderabad campus was
designed as a fully residential learning
environment that encouraged collaboration,
community, and immersive learning. 

1999

The The foundation stone for the Hyderabad campus was laid
by Andhra Pradesh Governor Chakravarthy Rangarajan in
the presence of Chief Minister N. Chandrababu Naidu.

World Class
Faculty

Even before welcoming its first students, ISB had
begun attracting the world's finest minds and
strongest supporters. 

Global academic partnerships established.
Philip Kotler
Raghuram Rajan
David Besanko
Philip Kotler
Raghuram Rajan
ISB assembled an exceptional roster of visiting faculty, including Philip Kotler, C.K. Prahalad, Raghuram Rajan, Krishna Palepu, David Besanko, Sumantra Ghoshal, Bala Balachandran, Srikant Datar, and several other
globally renowned scholars from institutions such as Kellogg, Wharton, Harvard, Stanford, Chicago, and
London Business School.

2000

The School
Takes Shape

As construction progressed, ISB defined the
academic experience that would distinguish it
from traditional business schools.

2000

We have had the best brands in management education and research put together the ISB curriculum.

- Don Jacobs, Dean, Kellogg Graduate School
of Management, Northwestern University 

Rajat Gupta unveiled ISB's logo, a striking image of a globe transforming into birds—a symbol of boundless ambition and a vision that transcends borders. 

Copy here

ISB announced its flagship one-year Post Graduate Programme in Management alongside Executive Education programmes, setting the direction for lifelong learning.

ISB unveiled its pioneering curriculum, designed around 700 contact hours, matching leading two-year MBA programmes globally.

Opening The
Doors

ISB welcomed its first class in 2001 with a distinctive proposition: a globally benchmarked one-year management programme designed for ambitious professionals.

Over the next five years, the School evolved rapidly, strengthening its academic foundations, building a close-knit community, expanding executive education, forging international partnerships, and emerging as a globally connected institution.

We were really driven by a need to see more leadership in management thought coming from India.

- Dr. Pramath Raj Sinha

Dream
Debut

ISB's arrival marked a new chapter in Indian higher education, introducing an education model built on academic excellence, immersive learning, and industry engagement.

Inauguration

ISB was inaugurated by Prime Minister Atal Bihari Vajpayee, who dedicated it to the nation as Rashtra Dakshina.

2001

The inaugural PGP class comprised 128 students, including Vir Chakra awardee Ashish Sonal, with 20 women among the cohort.

Shaping The
Academic Vision

As the campus took shape, ISB also began defining its academic philosophy, leadership culture, and institutional identity.  

Dr. Pramath Raj Sinha was appointed Founding Dean and went on to play a central role in shaping ISB’s early academic vision and positioning the School within the international management education landscape.

ISB appointed its first four permanent faculty members: Kavil Ramachandran, Pankaj Chandra, Trilochan Sastry and P.S. Srinivas, laying the foundation for a world-class faculty.

2001

2002

The First Graduation

The School’s early years were defined as much by community-building as by academics.

At ISB’s first Graduation Day, Dr. A.P.J. Abdul Kalam highlighted the role of management education in developing leaders capable of driving India’s growth in the knowledge economy.

Solstice was launched as an annual alumni homecoming event, laying the foundation for a lifelong global ISB community.

Professor Vijay Mahajan was appointed Dean, strengthening the School’s academic leadership and institutional foundations.

2003

The ISB Leadership Summit was introduced as a platform for dialogue between students, industry leaders, policymakers, and entrepreneurs.

Expanding Horizons

As the School matured, ISB entered a new phase of growth, strengthening its academic leadership while expanding its global partnerships, executive education offerings, and entrepreneurship ecosystem.

2004

Professor M. R. Rao was appointed Dean, bringing renewed focus to faculty recruitment, academic quality, and institutional growth.

ISB expanded its executive education footprint by launching globally collaborative programmes and attracting corporate leaders from international markets.

2005

Going Global

By 2005, ISB had evolved into an internationally connected institution, expanding opportunities for students, while showcasing India’s business landscape to global executives.

1996-2000

2001-2005

2006-2010

2011-2015

2016-2020

2021-2022

2023-2025