The Indian School of Business (ISB) has been ranked 15th in the global business school rankings by the Financial Times, London. This is the second year in a row when the ISB has achieved a high rank among leading international business schools. Last year, it was ranked 20, making it the first Indian business school to be counted among the top 20, the ISB said in a statement here on Tuesday. 'I am very proud of the ISB's achievement. The high level of commitment of the faculty, students, alumni, and the staff at the ISB as well as the unstinting guidance of its associate schools and the board, have made it possible for this institution to overcome many challenges in its formative years,' said Rajat Gupta, ISB chairman.
The ISB was established in 2001 by a group of leading industrialists and academicians from India and abroad. From 126 students in 2001, the ISB has steadily increased the number of students year after year. There will be 440 students graduating in April 2009. The ISB will be increasing the number of students to 560 in 2010. Recently, it announced the setting up of a second campus at Mohali, which is likely to commence classes in 2012.