If you are a final year student then you must be going through a lot of confusion as to what career path to take. The step that you take today will be defining the upcoming years of your life. Thus the pressure to make the right choice is immense. Signing up for management courses is a popular choice made by students. But most of the top B-schools require work experience and excellent academic profile. Wondering if there is any B-school which lets you in with 0 work experience? Well, the answer is yes! The Young Leaders Programme at ISB is a foundation program that helps high-potential college students secure admission in PGP in Management. Read this blog to know everything about ISB YLP!
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This Blog Includes:
ISB Rankings 2020
|The Financial Times Global MBA Rankings 2020||#28|
|B-School in Asia||#6|
|Research Centres and Institutes||18|
|Research Ranking in India||#11|
What is ISB YLP?
Introduced in 2012, ISB Young Leaders Program (YLP) is a foundation program for aspiring students wanting to secure admission in ISB’s PGP, which is India’s #1 MBA program! It is a great foundation course for those aiming to pursue an MBA as it can equip you with the insights you need into management education thus is a perfect fit for undergraduates from diverse educational backgrounds. Once their admission is confirmed, they are expected to attend four-weekend sessions conducted in a gap of six months. Students are mentored and guided by experts for a smooth transition from student life to a professional environment. It inculcates personal attributes that would make them future leaders and provide them with a well-grounded platform to identify their career goals.
During the ISB YLP program, you will learn immensely through interactions with their peers from diverse backgrounds and the students on campus While the candidates are on a two-year break, are expected to hunt for a suitable job that would expose them to multiple learning opportunities. Once the candidate has gained the required hands-on experience, they would be eligible to join the PGPM batch at ISB.
ISB YLP Fees
The application fee for ISB YLP program INR 3,000 and must be submitted alongside the online application.
ISB YLP 2021 Deadlines Announced!
Here are the ISB YLP 2021 Application deadlines:
|Stage||Essentials||ISB YLP Dates 2021|
|ISB YLP Stage 1||Application Form|
|Deadline: March 28, 2021|
Results: May 5, 2021
|ISB YLP Stage 2||GMAT/GRE|
|Last Date: August 31, 2021|
Results: November 5, 2021
|ISB YLP Stage 3||Interview||Interviews: August 31, 2021 to November 5 2021|
|ISB YLP Stage 4||Offer Letter||Results: November 10, 2021|
Every applicant selected through the ISB Young Leaders Program (ISB YLP) is awarded a scholarship of INR 100,000. Students who wish to apply for a scholarship under any of the categories listed by the school can do so. ISB Hyderabad and ISB Mohali offer numerous scholarships each year that are based on a student’s merit, or need.
Who can apply for ISB YLP?
ISB Young Leaders Program (ISB YLP) is specially designed for college students who are passionate about their ISB dream. Here are the eligibility requirements for ISB YLP Program:
- The applicant should be currently studying in a college/university.
- The applicant should be in the pre-final or final year of their program.
- Those with zero work experience are also eligible for the ISB YLP program.
Interestingly, through the ISB Young Leaders Program (ISB YLP) program, students secure their admissions in the PGPM program even before they have their graduation degree. However, they might have to wait for another 2 years until they begin taking classes for a regular PGP in Management. After graduating, students have to gain 1.9 years of working experience before they join the class of ISB. So if you thought it is a short-cut that would help you get through applications easy, well, here is a reality check!
Know all about ISB PGP!
How to Apply for ISB YLP?
There are the 3 main stages of ISB YLP application process which are as follows:
- Stage 1: Submit the application form along with an essay and the application fee, i.e. INR 13,000
- Stage 2: Submit GMAT/GRE scores with a Letter of Recommendation and two essays.
- Stage 3: Interview with ISB Admissions team at one of their campuses.
The essay question for ISB YLP Stage 1 is:
- Narrate any incident that had a profound influence on you.
- Write about your personality and how YLP would help you develop yourself further.
Word limit: 300 Words
While writing this essay, make sure to honestly reflect on your past personal and professional experiences, highlight how your profile stands out from the crowd and keep the word limit in mind.
Here are the essentials and documents required for ISB YLP Stage 1 Application:
- Personal details and academic records and transcripts
- Certificates of Awards and Achievements, if any
- One Essay
- Application Fee
Apart from these, you will need a Letter of Recommendation, GMAT/GRE scores and two essays for the Stage 2 of ISB YLP application.
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Students qualify for the ISB Young Leaders Program (ISB YLP) on the basis of their academic record and extracurricular achievements. Candidates, who are planning to apply for PGP in Management through ISB Young Leaders Program (ISB YLP), will have to submit their applications by mid-march while they are in their pre-final or final year of graduation. This means students need to start working on their applications while they are studying. Here is the admission process for ISB YLP:
- Once the candidates have submitted the applications, ISB would invite shortlisted applicants for stage 2.
- They would need to have their GMAT scores and essays handy for online submission.
- Post the second stage of applications, the admissions committee moves to the final stage, where they conduct interviews.
- The interviews of ISB Young Leaders Program (ISB YLP) applicants are conducted on one of the ISB campuses.
- Selected students have their admission offers in hand by October, while they’re still in their final year. So even before students have their degrees, they have locked their seats at ISB for PGP in Management through ISB Young Leaders Program (ISB YLP).
As soon as a candidate’s admission is confirmed, they need to pay INR 50,000 to secure his/her seat in the PGP in Management program. Along with this, INR 200,000 has to be paid which is later adjusted against the total tuition fee. However, if a candidate withdraws from his admission for any reasons, they will end up losing the entire advance they have paid.
ISB YLP vs Regular Admits
The only difference between ISB Young Leaders Program (ISB YLP) admits and regularly admits is in terms of their application procedure. As soon as they attain the required work experience, they become a part of the regular PGPM batch. They are taught by the same faculty and get the same opportunities in terms of placements and outreach programs. So if you think ISB Young Leaders Program might limit your chances of learning at ISB in any way, be assured because it only brings more opportunities.
Each year, close to 5000 students apply to the Indian School of Business‘s flagship course through the ISB Young Leaders Program. The institute has approximately 8-10% seats reserved for its applicants who are applying for a deferred admission in Post Graduate Program in Management. While ISB has a considerable number of seats reserved for students pursuing Bachelor’s, other options are worth a thought before taking the next step forward. Students must ask an expert to calculate if they should secure a deferred admission in ISB or not. Either way, if ISB is your dream college, you have a complete guide that will walk you through the admissions procedure, deadlines and other details you should know right away.
We hope this blog explained everything about ISB YLP. If you want to sign up for the program and need assistance regarding the same then Leverage Edu experts are just a call away. Get in touch to make the most of this excellent opportunity!