Indian School of Business Launches Deferred Admissions Program
The Indian School of Business (ISB) has launched a deferred admissions program geared toward promising undergraduate students who want to study business, the Financial Times reports.
Very similar to Harvard Business School’s 2+2 Program, the ISB Young Leaders Program (YLP) offers qualified applicants a reserved spot in the ISB Postgraduate Programme in Management (the ISB MBA) upon completion of one year and nine months of approved work experience.
“The ISB is proud to launch the Young Leaders Programme to identify and nurture leadership potential among young college students, who will assume the mantle of leadership tomorrow,” Deepak Chandra, deputy dean of ISB, told the FT. He added that the structure of the program is designed to enhance the leadership skills of young students who will become the next generation of business leaders.
While completing their required work experience, participating students will take part in campus programs at ISB every six months designed to provide network and career opportunities. Once they begin the MBA program, YLP students will be eligible for both merit and need-based scholarships, according to the FT.
Once the program is underway, ISB expects YLP participants to make up approximately 10 percent of admitted students each year.
HBS’s 2+2 Program, which debuted in the fall of 2008, is founded on the same concept and is part of an attempt by the school to capture some of the brightest undergraduate students before they head off to pursue other career paths. Admitted students in the 2+2 Program have a reserved place in the HBS MBA class, which they can assume once they complete two years of approved work experience. HBS admitted 100 students through the 2+2 program in 2010, the school reports.
For the complete Financial Times article on ISB’s new deferred admissions program, click here.