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Building the Indian School of Business (ISB):
McKinsey
supported a unique project to establish a business school in India. The idea was
conceived in 1996, and the Indian School of Business was born in July 2001.
We played a key role
in taking the idea from conception to reality. Rajat Gupta, the then Managing Director of McKinsey, led the project team. The team played a key role in: (i) assisting the executive board of the ISB in conceptualizing the idea, (ii) working to garner support from the industry and academicians, (iii) supporting the fund raising efforts, (iv) selecting a location, (v) building a world-class business school, and (vi) entering into partnerships with leading schools in the U.S. and Europe.
What's more, Pramath Raj Sinha, who was at the time a partner at McKinsey, took a year-long sabbatical in 2001 to become the Founding Dean of the school. He had been involved with the initiative since its inception in 1996 and had also headed the project operations since 1999.
As the
Dean, he was instrumental in building the foundation of the ISB, which today is
well on its way to achieving its aspiration of being "an internationally
top-ranked, research-driven, independent institution that grooms future leaders
for India and the world."
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