Enquire Now

Enquire Now

Thank you!
Important Notice* : Merit list for IL / ACAP admissions for Academic Year 2022-23. Click here.


Level: Post Graduate

Intake : 120 Seats

Assessment Pattern: Annual

Starting: August

Study Mode: Full Time (2 Years)

Location: Universe Campus, Tathawade, Pune – 411033

Businesses are evolving and so are the problems associated with it. Management of two P’s – Master of Business Administration (MBA) is important because every successful organization should manage both the product and the people in an efficient manner. Students who wish to join global corporations and manage a large set of teams should take up the MBA course to improve upon their managerial skills. At ISBS our MBA program is NBA accredited, affiliated to Savitribai Phule Pune University (SPPU) and AICTE approved. The industry-academia interaction at ISBS brings forth managers of business corporations to extend the knowledge of their challenges, with the future leaders of business. All such efforts are aimed to have an impact commensurate with every student's ambition. The curriculum is ever evolving and has a progressive outlook with an intellectual rigor, where a sound foundation of critical thinking and articulating is laid.

During your two year MBA program at ISBS, you will be having immense opportunities to learn from business leaders and thought leaders across domain. The industry visits covered as part of experiential learning will further aid in the learning process and provide a first-hand information of the corporate culture. With a good mix of theoretical learning and industry exposure, our curriculum is designed through Outcome Based Education (OBE) guidelines laid down by SPPU. The assessment is based on Choice Based Credit System (CBCS)

Master of Business Administration (MBA) in Pune – Objectives

  • ISBS students undergoing MBA program will be equipped with requisite knowledge, skills and competence to face the rigors of corporate world.
  • The students will develop into competent management professional with strong ethical values and making them capable of assuming a pivotal role in global economy.
  • The MBA program will facilitate learning in theory and practices of different functional areas of management with an integrated approach to various functions of management.
  • The MBA program will create an environment where managers have to face greater situational challenges, predict and handle the vagaries of the market and provide better quality products and services.
  • After completion of the MBA course which eventually aims at imparting the contemporary domain knowledge and skill require to be a dynamic and successful business manager.

Isbs MBA program has been accredited by National Board of Accreditation.

The MBA program of Indira School of Business Studies (ISBS) is affiliated to Savitribai Phule Pune University. Admissions to the MBA course are done as per the rules & regulations framed by the Directorate of Technical Education, Maharashtra State (DTE). The details of various dates (schedules) are published by them in their information brochure as well as available on their website www.dte.org.in/mba. Interested candidates must regularly visit the DTE website: www.dtemaharashtra.gov.in for eligibility, procedure & participation in the Common Process also referred as CAP. Candidates are advised to do their registration for the Admission Process with DTE, submit preferences of Institutes, and get their documents verified at designated facilitation centre’s (FC) allotted by DTE. After the examination process and the students' preferences, DTE will prepare the merit list for admissions. Candidate will get admission to a suitable college as per his/ her merit and the preferences filled.

Indira School of Business Studies is part of CAP process and candidates desirous to get admission at ISBS may give it as their preference. However, please note that the allotments (Round Wise) are done by DTE. Indira School of Business Studies DTE Code is MB6460 & the choice code for admission is 646010110 for specific queries one should personally visit ISBS Admission Cell in the campus.

Eligibility Criteria:

Passed minimum Three-year Duration Bachelor’s Degree awarded by any of the Universities recognised by University Grants Commission or Association of Indian Universities in any discipline with at least 50% marks in aggregate or equivalent (at least 45% in case of candidates of backward class categories and Persons with Disability belonging to Maharashtra State only) or its equivalent;


Appeared for the final year examination of any Bachelor’s degree to be awarded by any of the Universities recognised by University Grants Commission or Association of Indian Universities in any discipline.


  • Aggregate marks means the grand total of marks obtained by the candidate in subjects on which the class declaration is made in the particular University from which the candidate is passing the qualifying examination.
  • In case the candidates are awarded grades/CGPA instead of marks, the conversion of grades/CGPA to percentage of marks would be based on the procedure certified by the University/institution from where they have obtained the bachelor's degree.
  • The percentage of marks shall be calculated by rounding off to two places after decimal.
  • The candidates belonging to SC, VJ/DT (NT (A)), NT (B), NT(C), NT (D), OBC SBC and SEBC categories should produce “Caste Validity Certificate” issued by Scrutiny Committee of Social Welfare Department and the Candidate belonging to ST category should submit “Tribe Validity Certificate” issued by Scrutiny Committee of Tribal Department and valid Non Creamy Layer certificate except SC, ST candidates at the time of verification of documents.

“List of Documents”

Click Here For the list of documents required

Isbs MBA program has been accredited by National Board of Accreditation.

Masters of Business Administration (MBA) is a 2 - year full time program

Semesters: 4 semesters

Choice Based Credit System(CBCS)

Classroom Teaching

The new MBA programme offered by SPPU from this year, is an Outcome Based Education and Outcome Based Assessment programme. The outcome based education implies there is a performer (student) and the focus is on performance of the students, not the activity or task to be performed. The new curriculum takes MBA programme to the next level. The programme can be completed in four semesters and the curriculum is based on Choice Based Credit and Grading System. The syllabus offers wide choice for students to opt for various courses based on their interest, aptitude and career goals. The programme enables a student to obtain a degree by accumulating the required number of credits prescribed for the course. The programme has well defined five Programme Educational Objectives (PEOs), ten Programme Outcomes (POs) and Programme Specific outcomes (PSOs) for the specialization courses, which are to be developed by respective institutes.

The Choice Based Credit System provides the students with an academically rich, highly flexible, learning system, blended with abundant provision for skill development and a practical orientation. The curriculum, in addition to regular courses, is equipped with various types of courses to cater to the different intellectual level of students. Foundation courses are for those students who are seeking basic abilities of that subject like accounting, economics etc. Enrichment courses are courses for students who want to go beyond the syllabus and in areas of their interest. And Alternative study credit courses are courses for students who want to do independent study of their choice in the field of management through innovative/live projects, online courses like MOOCs etc.

In case of specialisation, students has the option of one major and one minor specialisation from the given list. Also Students who are interested in pursuing entrepreneurship can opt for Start-up: Launching and Sustaining program of AICTE, skipping elective courses. Also the assessment process is outcome based assessment. Outcome based assessment asks teachers to first identify what it is that we expect students to be able to do once they have completed a course.

At ISBS, we offer following specialisation to students:

  • Marketing Management
  • Financial Management
  • Human Resource Management
  • Operations Management
  • Business Analytics


Institutes may offer ONLY SELECT specializations based on industry needs, faculty strength & competencies, student demands, employability potential, etc.

Institutes MAY NOT offer a specialization if a minimum of 20% of students are not registered for that specialization.

The Institute MAY NOT offer an elective course if a minimum of 20% of students are not registered for that elective course.

Major Specialization + Minor Specialization Combination:

For a Major + Minor Specialization combination the learner shall complete

  • Major Specialization – Courses: Total 9 (4 Subject Core courses and 5 Subject Elective courses)
  • Minor Specialization – Courses: Total 4 (2 Subject Core courses and 2 Subject Elective courses)

For a Major + Minor Specialization combination the learner shall earn

  • Major Specialization – Credits: Total 22 (12 Credits from Subject Core + Minimum 10 Credits from Subject Electives)
  • Minor Specialization – Credits: Total 10 (6 Credits from Subject Core + Minimum 4 Credits from Subject Electives)

The 10 credits of the MINOR specialization shall be from a single specialization, out of which 6 credits shall be mandatorily earned through the Subject Core Courses.

The Major + Minor specialization combination is OPTIONAL.

Students shall be permitted to opt for ANY Major + ANY Minor specialization combination, subject to institutional norms and guidelines, issued from time to time.

A student opting for Major + Minor specialization combination shall opt for Foundation Courses / Enrichment Courses / Alternative Study Credit Courses ONLY in lieu of Generic Elective (GE - IL) Courses.

Institutes may stipulate additional criteria of minimum SGPA / CGPA, number of backlogs, expectations about specific graduation discipline for students who wish to take up a specific specialization / specific major minor combination. Such criteria may also involve the potential employability criteria for a particular specialization / Major + Minor specialization combination.

Options & Guidelines for Choice of Specialization:

  • Students can opt for a single specialization (i.e. Major Only – 5 choices)
  • Students can opt for a two specializations (i.e. Major + Minor Combination – 1(Major) + 7(Minor) choices)
  • Specializations which are offered ONLY as MINOR shall be offered in SECOND YEAR ONLY. (3 choices)
  • Courses for the Minor specialization shall be taken up in the second year ONLY (in either Sem III or Sem IV or in a combination of Sem III and IV).
  • The Major specialization of a student shall be determined by the Subject Core (SC) courses and the Subject
  • Elective (SE - IL) courses chosen in Sem II.
  • All courses (Subject Core (SC) courses and the Subject Elective (SE - IL) courses) chosen in Sem II shall belong to the same specialization.
  • The learners shall generally complete 6 Subject Core courses (2 each in semester II, III, IV) and 7 Subject Elective courses (2, 3, 2 each in semester II, III, IV respectively). In this case he /she shall be awarded MBA (Functional Area Specialization) degree, e.g. MBA (Marketing), MBA (Finance), etc.
  • The learners shall complete 4 Subject Core courses and 5 Subject Elective courses of Major specialization and 2 Subject Core courses and 2 Subject Elective courses of Minor specialization. In this case he /she shall be awarded MBA (Functional Area Specialization Major + Functional Area Specialization Minor) degree, e.g. MBA (Marketing + Finance), etc.

MBA Specialization:

Indira School Of Business Studies provide different MBA specializations like Marketing Management, Financial Management, Human Resource Management and Operations and Supply chain Management. This reflects the increasing role of interdisciplinary paradigm in industry and corporate sector. These MBA specializations add an edge to this elite degree often seen as a vehicle to success across domains of academia and industry.

Isbs MBA program has been accredited by National Board of Accreditation.

Fee Structure:

Fees Proposal submitted to FRA for the AY 2023-24
S.C.E.S. Indira School of Business Studies (MB6460) Final Fees Approved by Fees Regulating Authority, Govt. of Maharashtra MBA 1st & 2nd Year yearly fees for the Batch 2022-24
Tuition Fees 221240 110620 110620 0 0 0 0
Development Fees 28760 28760 28760 28760 28760 0 0
Total 250000 139380 139380 28760 28760 0 0

S.C.E.S. Indira School of Business Studies (MB6460) Final Fees Approved by Fees Regulating Authority, Govt. of Maharashtra MBA 1st & 2nd Year yearly fees for the Batch 2021-23
Tuition Fees 221240 110620 110620 0 0 0 0
Development Fees 28760 28760 28760 28760 28760 0 0
Total 250000 139380 139380 28760 28760 0 0

Isbs MBA program has been accredited by National Board of Accreditation.


Employability has always been the prime objective at ISBS. Strong Domain knowledge and industry ready skills make ISBS MBA students the choice of leading organizations. Though the MBA program at ISBS is only 7-year-old but the rich legacy of 25+ years of Indira Group makes it the institute of choice for majority of MBA aspirants. Indira Employability Leadership Enhancement Program (IESEP), Industry Visits, Collaboration with Professional Industry Bodies and Associations like MCCIA, PRME, FICCI, Industry Academia interface initiatives like Brand Slam, Leadership Lecture Series, inputs by Industry professionals (OZONE), Skill Development Initiatives, Group Discussion and Personal Interview sessions have proven to equip students with the domain knowledge and make them industry ready. These and many such initiatives have made brand ISBS the choice of MNC’s for recruitment. It is because of this excellent employability record, ISBS has become the best B – school in India.

Isbs MBA program has been accredited by National Board of Accreditation.

Facilities And Faculty Members:

Indira School of Business Studies is located in the hub of the path towards the Pune - Mumbai Expressway. ISBS believes in providing an environment that fosters continuous improvement and innovation with related technical support and facilities to enhance student learning and faculty effectiveness.

Some distinctive features of ISBS inside a 7000 sq. ft. built-up campus are: Modern classrooms, Seminar Halls, Syndicate Rooms and Tutorial Centre’s with complete Wi-Fi connectivity make teaching and learning a memorable experience for the faculty and students. Each class room is fitted with projection television, overhead projectors and white boards.

IT Infrastructure And Computer Center:

ISBS has state-of-the-art IT infrastructure. The institute is equipped with the latest workstations and interactive smart classrooms with audio-visual units. ISBS has one to one/many video conferencing facilities. Wireless connectivity for students is provided throughout the campus including the hostels. The 50 mbps dedicated internet connectivity caters to the internet requirements within the campus 24x7.

The students experience, enhanced communication, coordination and collaboration with their faculty members, coordinators and team mates via personalized mail box on Microsoft office365 and 25GB free space on sky drive. The Library is digitally available to students for their reference books within the campus. The IT Infrastructure also covers the latest licensed software for designing and simulation of projects, statistical analysis and project presentation. Security (physical & data access) within the campus is administered via surveillance cameras and data access policies implemented via various servers using Microsoft Technology.

Multimedia Library:

The library has a separate place exclusively devoted for a multimedia digital library section. It has 50 in-house PCs with all the A/V facilities. The library has one of the finest collections of academic reference videos and CDs comprising of national and international titles along with text book CDs at its video resource centre. The library procures latest videos from sources such as Video Education and Harvard Business Resources. The library Video Resource Centre helps enhance the inputs given to our students & makes learning a more enriching experience. Also users can surf the internet, listen and watch academic related audios & videos, access e-resources like AICTE approved subscribed Pro-Quest Management ABI/inform global-online databases which includes all area of Business & Management selectively chosen for reading & references. Subscriptions available are PRO-QUEST J-Gate, National Digital Library online resources, e- journals, e-books, previous question papers, syllabus booklets (through library website) etc. in the multimedia digital library section. Apart from this, users can also browse through the library catalogue through web OPAC (Online Public Access Catalogue). The digital library is designed and developed keeping in view the shifting IT environment and the day to day needs of modern students.

English Lab :

English Language Lab: A language lab is a place where the students at ISBS learn English Grammar. The way we have tools, equipment, chemicals, and specimens in our science labs, similarly in English language Lab, ISBS has number of tools which teach and guide the students to learn and practice language. Language lab is the software which enhances the skills of a student, which are necessary for a corporate career. Language lab teaches English and enhances ability to Listen, Speak, Read and Write. Listening and Speaking are the skills which require massive practice. In India, English is second language. It is a foreign language. We at ISBS believe the students need to learn and understand the language. Not many around us and in our society speak English. So the students do not get ample opportunities to listen and speak and practice. To improve skill in English language one must listen and speak in an order and follow the system. English Language Lab at ISBS helps in achieving the objective.

Our Staff

Dr. Komal Singh
Deputy Director

Qualification:Ph.D, NET, M.Com

Industrial Exp: 0 years

Academic Exp: 19.0

Research Papers: 11

Books Written:1

Prof. Manmohan Vyas

Qualification:MBA- Finance, MBA - HRM,B.Com.

Industrial Exp: 1 years

Academic Exp: 11.0

Research Papers: 8

Books Written:0

Awards:Academic Jewel 2010, Dewang Mehta B-School Best Faculty in FM,2017

Dr. Tausif Mistry
Assistant Professor

Qualification:Ph.D, MBA, B.Pharm, NET

Industrial Exp: 4 years

Academic Exp: 5.0

Research Papers: 12

Books Written:0

Dr. Kalpana K. Deshmukh
Assistant Professor

Qualification:Ph.D, MBA, BSc

Industrial Exp: 1 years

Academic Exp: 10.0

Research Papers: 14

Books Written:1

Dr. Abhijeet Bobde
Assistant Professor

Qualification: PhD. MBA (Marketing), B. Pharm.

Industrial Experience: 12yrs.

Academic Experience: 6yrs.

Research Papers:3

Books written: Nil

Dr. Mrityunjay Kumar
Assistant Professor

Qualification:Ph.D, M.Phil, MBA

Industrial Experience:04 years

Academic Experience:6 Years 7 Months

Research Papers: 05

Books written:01

Prof. Tanay Kurode
Assistant Professor

Qualification:C.F.P, M.B.A, B.B.A

Industrial Exp: 4 years

Academic Exp: 4.0

Research Papers: 6

Books Written:0

Prof. Amrita Karnawat
Assistant Professor


Industrial Exp: 0 years

Academic Exp: 8.0

Research Papers: 7

Books Written:0

Prof. Purva Agarwal
Assistant Professor

Qualification:MBA (Marketing domain)

Industrial Experience:2 years of marketing manager in textile industry

Academic Experience: 3 months

Research papers: 0

Books Written: 0

Prof. Arvind Laxman Burande
Assistant Professor

Qualification: MBA (Pursuing PhD in Marketing)

Industrial Experience: Nil

Academic Experience: 12 Years

Research Papers: 5

Prof. Laxman Misal
Assistant Professor

Qualification : MBS, PGDBM, M.Com, B. Com

Industrial Experience : 13

Academic Experience: 7

Prof. Mangesh Sanap
Assistant Professor

Qualification: B.E (Computer), MBA, DMEIM, Ph.D (Pursuing)

Industrial Experience: 04 years and 06 months

Academic Experience: 17 years

Research Papers: 09

Books written if any: 02

Prof. Anuja Limbad
Assistant professor

Qualification: B.com., M.com., Ph.D (Pursuing)

Industrial experience: 0

Academic experience: 2 years and 7 months

Research papers: 3

Prof. Trupti Joshi
Assistant Professor

Qualification: B. Com. , MBA (Finance), M. Com. (Accountancy), Ph.D (Pursuing)

Industrial Experience: 3 years 10 Months

Academic Experience: 11 years

Research Papers: 10

Prof. Umesh Gramopadhye
Assistant Professor

Qualification:BA, LLB (Gold), LLM, MPM, MBA, MPhil(Pursuing)

Industrial Exp: 0 years

Academic Exp: 12 Years

Research Papers: 06

Books Written:02

Prof. Sumit
Associate Professor

Qualification:BSC, DIP (T & D),PGDMM, MA (psych) MA (socio) MA(phil) MPhil, PhD

Industrial Exp: 15 years

Academic Exp: 16 Years

Research Papers: 09

Books Written:01

Dr.Manisha Maddel
Assistant Professor

Qualification:Ph.D., MBA, MCS, BCS

Industrial Exp: 0 years

Academic Exp: 16 years

Research Papers: 05

Books Written:02


© 2020. Indira School of Business Studies.