The Indian School of Business on Wednesday launched Young Leaders Programme targeting undergraduates.
As part of the programme, the B-school will mentor fresh graduates for two years in their work after the college. It will also pay a scholarship of Rs 100,000 to students selected for this programme.
Students, after the two-year mentorship, can come back to ISB to pursue the regular postgraduate programme (MBA) for which candidates with work experience alone are eligible. For getting selected to this programme, students should clear GMAT and the same will be valid after two years for admission into the PGP module.
According to ISB senior director V K Menon, the selection process will begin a year before students complete their graduation. “The selection of students for the YLP will be rigorous and will last for six months or so,’’ he said, adding they would be needed to make a video presentation, write an essay and go for an evaluation by the ISB. In the second stage, students should clear GMAT and present three essays. This will be followed by on-campus selection at ISB.
Speaking to the media, ISB deputy director Deepak Chandra said ISB would not charge anything for the YLP programme. This would be open to all graduates across disciplines. This will also be open to international students. ISB will take about 50 students in the first year.
Students will have to find a job for themselves and ISB will mentor them for two years on the personal front. The training will have no relation to the job on hand, he said. ISB now has a class strength of 570 for its PGP programme and is hopeful of getting 10 per cent of the strength from the YLP module.
Candidates selected into the YLP are required to complete one year and nine months of work experience before joining the ISB’s PGP. During this period, students will attend contact programmes at the ISB campus at the end of every six months. The contact sessions at the ISB will focus on enhancing their leadership quotient, expose them to diverse career options, network and build relationships with like-minded YLP peers and ISB alumni, share experiences and gain valuable lessons from them. YLP participants will be eligible for a scholarship of Rs one lakh. In addition, they will be eligible for both merit and need based scholarships of the PGP. The YLP participants will comprise about 10% of the PGP class size every year.
The admission to YLP is open till March 15, he said.
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