HYDERABAD: The Indian School of Business (ISB) has announced a hike of 55 per cent in scholarships for students of Class 2009, compared to those in Class 2008. They are valued at Rs. 3.3 crore.
Dean of ISB M. Rammohan Rao said in a statement here on Monday that it was an effort to ensure that no deserving student should ever be turned away from ISB for want of financial support. “This additional funding will allow us to reach out to an even wider talent pool,” he said.
The scholarships would be both merit and need-based and given 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.
In an attempt to attract students from various professional, ethnic, and gender backgrounds, several scholarships would be awarded to students coming from small towns in India, women, and international students.
While 60 per cent of the scholarships would be awarded by ISB, the remaining 40 cent would be given by private companies like Citigroup, Novartis, Sierra Atlantic and Ambit Finance.
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