ISB Young Leaders Program (YLP) is an initiative by the Indian School of Business (ISB) aimed at identifying and grooming young talent for leadership roles. The program is designed for undergraduate students in their pre-final or final year of study. It typically consists of a rigorous selection process followed by a multi-stage assessment, including a personal interview.
The ISB Young Leaders Program offers selected candidates the opportunity to secure a deferred admission to the prestigious Post Graduate Programme in Management (PGP) at ISB. This means that successful candidates are offered admission to the PGP program upon completion of their undergraduate degree and meet specified criteria.
| Tuition Fees for ISB YLP | 23,50,000 |
| Program Length | 12 months |
| Program deadline | MARCH 31, 2024 |
| Intakes | March |
ISB YLP Class Profile
The Indian School of Business Young Leaders Program (ISB YLP) is a highly selective program designed for exceptional undergraduate students who aspire to pursue an MBA in the future. The program aims to groom young talent and provide them with the skills, knowledge, and network required to become successful leaders. The average age of the ISB Young Leaders Program cohort is around 26 years, with a majority of the students coming from engineering and commerce backgrounds with participants from different parts of India and a few international students. The ISB Young Leaders Program class profile showcases a range of academic excellence, extracurricular activities, leadership potential, and diverse work experiences.
| Class Size | 843 |
| Average Age | 26 years |
| Average GRE | 328 |
| Average GMAT Score | 720 |
| Women Diversity | 37% |
| Average Work-experience | 0 to 3 years |
Acceptance Rate
The Indian School of Business (ISB) is a highly selective business school that receives a large number of applications each year. While the exact acceptance rate is not publicly disclosed, it's estimated to be around 10-15%. The ISB Young Leaders Program, which is designed for exceptional undergraduate students, is even more competitive, with an acceptance rate of around 3-5%. The university also aims to create a diverse cohort of students from different backgrounds and experiences. Overall, getting into the ISB Young Leaders program is a significant achievement and requires strong application and preparation.
Acceptance Rate- 3%
ISB YLP Program & Curriculum
The Learning and Assessment modules in the ISB Young Leaders Program are designed to make the students stand out as Young Leaders in their professional stints. Learning weekends are organized which must be attended by all the selected students. This helps them understand the whole ISB experience and learn from the ISB’s world-class facility.
The ISB Young Leaders Program sessions focus on comprehending and enhancing the leadership quotient, understanding the importance of a B-school education, and exposing the students to diverse opportunities and career options. It also includes Personality and career assessment tests and the development of their communication, problem-solving, and relationship management skills.
Core Courses
Core courses of ISB Young Leaders program are given below:
| Financial accounting and decision-making | Focuses on the preparation and interpretation of financial statements to assist in decision-making. |
| Managerial Economics | It deals with the application of economic concepts and methodologies to solve managerial issues, including demand analysis, production and cost functions, and market structure analysis. |
| Decision Models And Optimisation | This includes modeling complex systems, predicting future outcomes, and optimizing decisions for efficiency and effectiveness using various mathematical and statistical methods. |
| Global Economics | Examines the principles of economic theory with a focus on global economic issues and policies. |
| Responsible Leadership | Explores the role of ethics in leadership and the importance of leading in a manner that is socially responsible and sustainable. |
| Corporate Finance II | Advanced study of corporate finance, building on basic principles to explore topics such as capital structure, corporate valuation, risk management, financial derivatives, and mergers and acquisitions. |
| Strategies For The Digital Economy | It covers how companies can leverage digital technologies to create value, enhance competitive advantage, and transform traditional business models. |
Electives
Electives of ISB Young Leaders program are given below:
| Corporate Development: Mergers And Acquisitions | Involves strategies and processes used by corporations to buy, sell, divide, and combine different companies or similar entities to facilitate growth |
| Logistics And Supply Chain Management | The management of the flow of goods and services, including all processes that transform raw materials into final products. |
| Marketing Research | The process of gathering, analyzing, and interpreting information about a market, including information about the target market, competition, and the industry as a whole. |
| Portfolio Management And Trading Strategies | The science and art of making decisions about investment mix and policy, matching investments to objectives, asset allocation for individuals and institutions, and balancing risk against performance |
| Entrepreneurship | Focuses on the structures and processes for managing and controlling corporations, particularly with regard to changes in corporate structure through mergers and acquisitions. |
| Human Resource Management In A Global Environment | The act of creating a business or business while building and scaling it to generate a profit. However, it is more than just starting a business. |
| The Indian Health Care Services System | Addresses the strategic and coherent approach to the management of an organization's most valued assets - the people working there who individually and collectively contribute to the achievement of its objectives. |
| Logistics And Supply Chain Management | An overview of the health care system in India, including its structure, challenges, and the various stakeholders involved. |
Clubs & associations at ISB YLP
Here are the names of some of the student clubs at the Indian School of Business (ISB) which you can utilize after getting into ISB YLP:
- Consulting Club
- Entrepreneurship & VC Club
- Finance Club
- Healthcare Club
- Marketing Club
- Operations & Supply Chain Club
- Social Impact Club
- Women in Business Club
- Analytics & Information Management Club
- Energy & Environment Club
- Luxury & Retail Club
- Media & Entertainment Club
- Sports Committee
- Toastmasters Club
- International Student Association
Scholarships
- Dean Don Jacob’s Memorial Scholarship
- Prof.Manasa Mandava Memorial Scholarship
- ISB merit by diversity
- AIESEC – ISB waivers
- International Diversity
- Bridge to India
- ISB Need-cum-Merit Waiver
Eligibility & Requirements
For eligibility in the ISB Young Leaders Program, candidates are required to have an appropriate undergraduate degree or its equivalent. Additionally, a valid score from the GMAT or GRE is mandatory.Here are the eligibility criteria and the documents required for admission into the Indian School of Business Young Leaders Program (ISB YLP). You can even Check and apply for MBA in India.
Eligibility
- Students in their pre-final or final year of undergraduate or postgraduate studies are eligible to apply.
- The program is open to students from all academic disciplines.
- Applicants must not have any prior full-time work experience.
Application fees
- As a part of the application, there is a direct ISB YLP fee of INR 3,000
Documents required
- Academic transcripts: Applicants must submit their academic transcripts for all completed years of undergraduate or postgraduate studies.
- Standardized test scores: Applicants must provide scores from at least one of the following tests - SAT, ACT, NMAT by GMAC, GRE, CAT, or GATE.
- Essays: Applicants must submit two essays on prescribed topics.
- Two letters of recommendation: Applicants must provide two letters of recommendation from people who know them well and can attest to their academic and personal qualities.
- Resume: Applicants must submit a one-page resume highlighting their achievements and extracurricular activities.
- Application fee: Applicants must pay a non-refundable application fee of INR 3,000.
Note that meeting the eligibility criteria does not guarantee admission to the program. The admission process also takes into account factors such as leadership potential, extracurricular activities, and diversity of experiences.
ISB YLP Deadlines
The ISB YLP admission process is structured around multiple application rounds throughout the year. ISB follows a deadline-based admissions policy for the YLP, meaning that applications are evaluated as they are submitted. Consequently, admissions decisions can be rendered ahead of the round's official deadline, allowing for a dynamic and continuous review process. This approach ensures that candidates are assessed promptly and efficiently, facilitating earlier decisions on their application status
Here are the admission deadlines for the Indian School of Business Young Leaders Program (ISB YLP) as per rounds:
| Deadline | Deadline Dates |
| Deadline 1 | September 15 |
| Deadline 2 | March 31 2024 |
Admission process
The application process for the ISB Young Leaders Programme (YLP) is structured into three distinct stages, aiming to assess applicants comprehensively:
- Stage 1 involves submitting an application form accompanied by one essay and the necessary application fee. This stage focuses on your personal and contact information, academic background, awards, initiatives, and an essay. The essay, limited to 300 words, is a crucial part of this phase, offering a choice between narrating a significant influence on you or describing your personality and how the YLP would foster your development.
- Stage 2 requires the submission of two essays, one recommendation letter, and your GMAT/GRE scores.
- Stage 3 concludes with a face-to-face interview, providing a platform to personally present your qualifications and aspirations.
Career, Employment And Placement
The ISB Young Leaders program mentors the students into budding entrepreneurs of tomorrow. The Learning & Development team at ISB Young Leaders Program helps the students to analyze their career objectives and focus on opportunities that are the best fit. The school also runs an incubation program to support student’s entrepreneurship efforts by providing mentorship and financial aid. The graduates of the ISB Young Leaders Program get job offers.
Average starting salary
The average starting salary for candidates from the Indian School of Business (ISB) Young Leaders Programme (YLP) can vary depending on several factors such as industry, job role, prior work experience, and individual negotiation skills. Its starting range can be around INR 34,00,000 However, graduates from ISB generally command competitive salaries, especially considering the reputation and network of the institution.
Top Sectors Hiring ISB YLP Graduates
The ISB Young Leaders Program (YLP) is recognized for connecting its participants with leading global organizations across various sectors, making them highly desirable candidates in the job market. The program's outstanding international standing and its extensive alumni network play a pivotal role in facilitating employment opportunities for its graduates, showcasing the program's effectiveness in preparing future leaders for successful careers in top-tier companies worldwide.
Here are the top three sectors hiring from the Indian School of Business Young Leaders Program (ISB YLP)
Companies Recruiting
In this section, we'll explore the leading companies across the top three industries that recruit graduates from the ISB Young MBA , offering you insights into potential future employers you might aspire to join:
| Consulting | Finance | Technology |
| McKinsey & Company | Goldman Sachs | Amazon |
| Bain & Company | JP Morgan Chase & Co. | |
| The Boston Consulting Group | Morgan Stanley | Uber |
| Accenture Strategy | Citibank | Flipkart |
| Deloitte | American Express | Microsoft |
ISB YLP Alumni Info
ISB Young Leaders Program has a responsive network of more than 10,600 alumni, working in 40+ countries across the world. With 500+ alumni at CXO levels and top leadership roles. Many students turned into young entrepreneurs in various industries like energy, IT products, and services, pharma, biotech, private equity, travel and tourism, infrastructure, education, etc.
Some Famous Alumni
- Divya Gokulnath - Co-founder of BYJU'S, India's leading ed-tech company
- Rajiv Memani - Chairman and Regional Managing Partner of EY India
- Ritesh Agarwal - Founder and CEO of OYO Rooms, India's largest hospitality chain
Application Essay for ISB YLP
Here are three example essay questions that applicants to the ISB Young Leaders Program (ISB YLP) might encounter:
| Essay 1 | Why are you interested in pursuing a career in business and management, and how do you see the YLP helping you achieve your goals? |
| Essay 2 | Describe a time when you faced a challenge or setback, and how you overcame it. What did you learn from this experience? |
| Essay 3 | How have your academic and extracurricular experiences prepared you for the rigor and demands of the YLP program, and what unique perspectives or qualities do you bring to the program? |
It's important to approach each question thoughtfully and to provide specific examples and evidence to support your responses. Additionally, be sure to review the website of ISB YLP program and mission statement, and to tailor your responses to reflect the values and goals of the program.
Letter of Recommendation for ISB YLP
The ISB Young Leaders Program requires two letters of recommendation as part of the application process. The letters should be written by people who know the applicant well and can attest to their academic abilities, leadership potential, and personal qualities.
- The recommenders can be current or former professors, supervisors, or mentors, but should not be family members or friends.
- The letters should provide specific examples and anecdotes that illustrate the applicant's strengths and potential, and should also address any areas of improvement or challenges faced by the applicant.
The letters should be submitted online through the application portal, and applicants should ensure that their recommenders have enough time to complete them before the deadline.
Interview Questions for ISB YLP
Here are some sample interview questions that applicants for the Indian School of Business Young Leaders Program (ISB YLP) might encounter during the admission process:
Q. Can you tell us more about your academic background and how it has prepared you for the YLP program?
Q. What are your short-term and long-term career goals, and how do you see the YLP helping you achieve them?
Q. Can you describe a situation where you faced a challenge and how you overcame it?
Q. How do you manage your time and prioritize tasks when faced with multiple commitments or deadlines?
Q. Can you give an example of a leadership experience you had, and what you learned from it?
Q. How do you work in a team setting, and can you give an example of a team project you have worked on?
Q. What are some of the key skills you hope to develop through the YLP, and how do you plan to leverage them in your future career?
These are just a few examples of the types of questions that applicants might encounter during the ISB YLP interview. The interviewers may also ask follow-up questions to dive deeper into your responses and understand your thought process and motivation.
What Makes ISB YLP Unique
Here are some unique features of the ISB Young Leaders Program:
- Early Admission: The YLP is designed for students who are still in their final year of undergraduate study, allowing them to secure a place in the program before graduation.
- Two-Stage Program: The YLP is a two-stage program that begins with a one-year pre-MBA program, followed by a full-time MBA program at the ISB. This unique structure provides students with a comprehensive and immersive learning experience that prepares them for leadership roles in business and management.
- Global Exposure: The YLP provides students with global exposure through international study tours, exchange programs, and collaborations with leading business schools around the world. This helps students gain a broader perspective and understanding of business and management practices across different cultures and regions.
- Personalized Mentorship: The YLP offers personalized mentorship to its students, with a dedicated mentor assigned to each student to provide guidance and support throughout the program.
- Networking Opportunities: The YLP provides students with ample networking opportunities through various events, guest lectures, and interactions with alumni and industry leaders. This helps students build valuable connections and enhance their career prospects.
- Emphasis on Leadership: The YLP places a strong emphasis on leadership development, with a focus on building skills such as communication, collaboration, and problem-solving. This helps students develop the qualities and attributes required to become effective leaders in their chosen field.
These are just a few of the unique features that make the ISB YLP program a highly sought-after program for undergraduate students looking to pursue a career in business and management. there are more colleges to apply for top MBA Colleges in india.
Conclusion
The ISB Young Leaders Program is a highly competitive and prestigious program that offers exceptional undergraduate students a unique opportunity to jumpstart their career in business and management. With its rigorous curriculum, world-class faculty, and strong industry partnerships, the ISB Young Leaders Program provides students with a comprehensive and immersive learning experience that prepares them for leadership roles in a variety of sectors and industries.
