Prime Minister Manmohan Singh will flag off year-long celebrations on the fifth anniversary of the founding of the Indian School of Business on December 5. He will also inaugurate the two-day global logistics summit being organised at the ISB.
Disclosing this on Wednesday night, ISB Dean Dr Ram Mohan Rao said that the ISB, which started functioning in July 2005 but formally inaugurated by the then Prime Minister Atal Bihari Vajpayee in December 2001, would be celebrating the fifth anniversary of the event this year.
He said that the ISB started with first batch consisting of 120 students. The intake was raised to 180 in the second year, 220 in the third year, 270 in the fourth year, 340 in the fifth year and 418 in the current year
The ISB currently has a 21-strong resident faculty and the visiting faculty this year would comprise 105 members.
He aid that the ISB has laid emphasis on entrepreneurship development right from inception and the Wadhwani Centre of Entrepreneurship Development was very active. The WCED also functioned as a knowledge hub and incubation unit -- a one-stop shop for entrepreneurs, both hi-tech and rural.
Ramamohan Rao said that with its focus on research, the ISB has established four centres of excellence -- for analytical finance, global logistics and manufacturing strategies, and IT and networked economy, apart from WCED. ISB has proposed to establish two more centres of excellence for strategic marketing and leadership and change management.
ISB would be hosting two major conferences in December 2006 and January 2007.
He said that the first TiE-ISB connect event was organised in July last year and the second one is being held from September 20 to 22 this year. "Next year, we are going to organise TiE-ISB conference in October," he added.