2023-2024

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International Exchange Programme

➢ Opportunity to study at leading International B-Schools

by participating in exchange during the elective terms at
ISB
➢ Option to choose from 45+ reputed B-Schools
➢ Partner schools are spread across 27+ countries
➢ Credits earned at exchange schools are counted towards
graduation and concentration requirements at the ISB
➢ No additional tuition fee is charged at the exchange
partner school

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Benefits of International Exchange

➢ Gives international exposure and broadens global

perspective
➢ Develops integrative learning skills
➢ Gives exposure to the business environment of a
different country and economy
➢ Offers the opportunity to co-brand yourself
➢ Widens networking opportunities
➢ Enhances multi-cultural and social competencies
➢ Helps understand international job scenario
➢ Expands personal horizon

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Key Factors to Consider
➢ Contact hours and minimum credit requirements at the partner school
➢ Whether the academic requirements for a concentration at ISB are met by the
exchange school’s course offerings
➢ Costs
➢ Housing availability - on campus/off campus
➢ Travel

➢ Food preferences & meal options

➢ Placements – ISB placement dates and assistance offered by Exchange School
➢ Visas & Passports - USA (J1 visa: restriction on work*), Spanish and Germany visa
usually takes longer time, so it is advisable to apply for visa minimum 3 months
prior to the course commencement.
➢ Most of the schools do not accept citizens of their country on exchange – check with
SEAL office if you have spent more than 5 to 7 years in the country you are planning
to go to for exchange
* For more information on J1 visa, refer to the below link –
https://travel.state.gov/content/travel/en/us-visas/study/exchange.html 4
Exchange Disqualifiers
The following will disqualify a student from going on International
Exchange, irrespective of whether they already have a confirmed
exchange seat or not:

➢ If found guilty of any Honour Code violation

➢ Receiving a F grade in any course (due to academic performance)

before going on the exchange

➢ If the student is on an academic probation (CGPA below 2.50) at

the time of going for the exchange programme

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Exchange Credits
➢ 20 contact hours at the exchange school is converted to 1 credit at ISB
➢ You can choose to do language and Pass/fail courses on exchange, but
these courses will not be counted towards credit requirement at ISB
➢ Credits earned at the exchange school are considered towards
graduation and concentration area requirements
➢ Exchange course grades are NOT converted to ISB’s grading scale and
are therefore not considered for CGPA
➢ Exchange credits and grades will not appear on the ISB transcript. ISB
certificate and transcript will be released upon receiving a separate
transcript from the exchange school.
➢ ASA’s approval must be taken before registering for courses at the host
school to ensure Graduation/Concentration area requirements are met.
➢ Students participating in International Exchange are still eligible for the
Special Honors (Dean’s List and ISB Scholar of Excellence) that are
awarded at the end of the programme.

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Guidelines
➢ Students can go on exchange for either 1 or 2 ISB Terms
➢ For the partner schools offering 2 or more terms of exchange, students have the option of
going for any of the terms
➢ If the exchange term of a particular school is timed such that it covers both Term 7 and 8 of
ISB, the student will have to go for both the terms, they can’t attend classes during both
the terms (Term 7 and 8) at ISB.
➢ After the allocation of seats, student are required to confirm the exchange terms. Based
on the confirmation, the nomination are sent to exchange school. After sending the
nomination, exchange terms cannot be changed.
➢ Total number of seats for exchange is calculated based on all the terms offered for
exchange by all the partner schools
➢ Students cannot miss a term at ISB and go on exchange even if s/he will be able to
complete the graduation requirements at exchange school
➢ Tie-break number is a unique random number generated by the system for each student
for each exchange programme/school offered in the exchange period (term 7 through
term 8). In case of a tie in the bids, this number is used to make the final decision. In case
of tie, the student with lower tie break number will get the seat. This will be shared with
you in the bidding phase.

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Guidelines
➢ Each student going on International exchange will be responsible for completing
his/her minimum graduation requirements, which are:
▪ Complete 17 elective credits (across home campus & Exchange school)
▪ Completion of a concentration by taking at least 6 elective courses in that concentration
area including mandatory elective in the respective area
➢ Once a student gives confirmation for a seat, they MUST go for exchange under all
circumstances. Any withdrawal thereafter will attract a penalty equal to the Clearing Bid Price.
➢ To be able to withdraw after the school is allotted, student will have to send an email to us
confirming that s/he would want to withdraw. After receiving an email the seat will be
considered as withdrawn and Clearing Bid price will be deducted as penalty for Dropout.
Student will only be able to participate in any other round of bidding after s/he sends a
withdrawal email.
➢ Minimum 6 months passport validity (after completion of your exchange programme at host
school)*
➢ Students needs to apply for visa minimum 2 months prior to the course commencement
* Passport validity required for some countries can be more than 6 months, refer to the visa
requirements for particular country for more details.

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Guidelines
➢ Once a seat is allotted, student will have to give an undertaking (as
per the below format) confirming no. of credits s/he is planning to
complete on exchange. Based on the number of credits ASA would
release bid points that would otherwise have been blocked for
graduation requirements:

I (add full name, PG ID), currently studying at the Indian School of Business confirm that I will be
responsible for completing my graduation requirements which includes completing 17 elective
credits (across home school and exchange school), as well as ensuring that I have completed
my concentration requirement of at least 6 elective courses (including Mandatory Elective) in
ONE major. I will be completing <x> no. of credits while on exchange. Further, I am fully aware
that it is my responsibility to manage the 4,500 bid points allotted to me and I understand that no
additional points will be made available to me at any point, under any circumstances. I
understand that I can choose to do language, Non business and Pass/fail courses on the
exchange but these courses will NEITHER be considered towards the credit requirement for
majoring NOR for Graduation requirement at ISB. In addition to ISB's academic guidelines and
HCC policy, I also need to adhere to host school's academic guidelines and HCC policy.”
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Guidelines for GSB & Office Bearers
ELIGIBILITY:
Following Elected Officers ARE NOT ELIGIBLE for Inter Campus, as well as International
Exchange, as mentioned below:

➢ GSB president & GSB Core for Inter Campus as well as International Exchange till
completion of Term 8.
➢Professional & Social Clubs presidents cannot go for exchange till completion of term
5: either Inter Campus (Core), Inter Campus (Elective) or International Exchange.

Following ARE ELIGIBLE to opt for Inter Campus (Both Core & Elective) as well as
International exchange:

➢ Council members of GSB Core (excluding Council Directors)

➢ Core Team members of Professional Clubs (Excluding Club Presidents)
➢ L&D coordinators of Professional Clubs
➢Vice Presidents of Professional and Social Clubs
➢ Core Team members of Social Clubs (Excluding Club Presidents)

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Guidelines for GSB & Office Bearers
Conditional allowance (only in SELECTIVE terms)

• Professional & Social Clubs presidents may opt for Inter Campus (Electives)
Exchange OR International Exchange after Term 5. The Vice President takes over the
responsibilities in that case. If both the president as well as the Vice-president go on
exchange, the decision of leading the club will be taken by SEAL director in
consultation with the GSB president and CAC Director.
• Lead coordinators of Annual Leadership Summit (ILS), Advaita, Annual Alumni event
(Solstice/ Equinox), and ISL may opt for Inter Campus (Electives) Exchange OR
International Exchange after the event Completion.
• Core Team members of Annual Leadership Summit (ILS), Advaita, Annual Alumni
event (Solstice/Equinox), and ISL cannot opt for Inter Campus (Electives) Exchange
OR International Exchange up to one term before the event (i.e., ex if the event is in
middle of 6th Term, one cannot go in 5th as well as 6 th term)
• CAC Core team (including Club CAC Coordinators) for Inter Campus as well as
International. Exchange after Term 5 or Day 1 of placements, whichever is later
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Bid Points
➢ You will be given 4500 bid points to complete 17-20 credits in elective terms, including
Inter-Campus and International Exchange.
➢ Fixed clearing price/penalty points and elective credits

ISB elective credits Drop out Penalty

Courses/Exchange per Term Fixed clearing price Points

ELP* 1 250 -

-
No bidding points for core term
Inter- campus exchange(Core) exchange 400

Minimum 400 and Maximum 1000

-
Inter-campus exchange(Elective
term)** (per term) Clearing price

1
Elective course Minimum 100
3-5 credits
International Exchange Minimum 400 and Maximum 1200 Clearing price
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Drop-out Scenarios
SCENARIO 1
Total bid points: 4500

International Exchange bid points

used by the student (for terms 7&8): Bid points 17
1200 (clearing price)
(4500) Credits
ELP : 250 (1 credit ) =250 International 1200 6
Exchange
(Term 7&8)
Points left by end of term 3: 4500 -
1200 = 3300 ELP 250 1
Points used in terms 4, 5 & 6 for Term 4 800 2
elective courses: 800 ( 2 credits),
1250 (5 credits) + 1000 (3 credits) Term 5 1250 5
= 3300
Term 6 1000 3
Student drops out of exchange in term 6. Remaining 0 0
Bid points left = 0**; Credits to be
completed in terms 7&8 = 6; Minimum
bid points required = 6*100 = 600.
Student cannot graduate as requisite bid
points are not available
**The 1200 points (clearing price) bid for
international exchange shall NOT be
returned and is deemed deducted as a
penalty for dropping out.

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Drop-out Scenarios
SCENARIO 2
Total bid points: 4500
Bid points 17 Credits
International Exchange bid points
used by the student (for term 7&8 ): (4500)
1200 (clearing price)
International 1200 6
Exchange
Points used in terms 4, 5, 6 for elective
courses: 800 (2 credits)+1200 ( 5 (Term 7&8)
credits) + 1100 (4 credits) = 3100

Points left by end of term 3: 4500 –

Term 4 800 2
1200 -3100 = 200
Term 5 1200 5

Student drops out of exchange in term

6. Bid points left = 200 **; Credits to be Term 6 1100 4
completed in terms 7&8 = 6 credits;

Student cannot graduate as requisite

Remaining 200 0
bid points are not available.

** The 1200 points (clearing price) bid

for international exchange shall NOT be
returned and is deemed deducted as a
penalty for dropping out.

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Exchange Process Flow
Students who register in Preference Round will only be allowed to
Preference Round participate in Live Bidding. Students can select minimum 3 and
maximum 10 schools in preference round

After receiving an email from SEAL confirming your registration in preference round,
students will have to agree in writing that meeting the graduation requirements is
Registration confirmation their own responsibility

Students can bid for maximum 3 schools with a total of 1200

Bidding Round points

Student has to confirm that s/he is accepting the school allocated

Confirmation Round

Contact exchange coordinator at ISB for further information + apply

for visa + Sign and submit an undertaking about meeting
Preparation for Exchange graduation and concentration area requirements

Students complete their exchange terms at the host school. Student needs
At the Exchange School to maintain academic integrity at host school and also adhere to host school
guidelines and policies

Follow up with host school for transcript of courses taken during

Exchange School Transcripts exchange to get Graduation Certificate from ISB
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Timelines

Inter Campus Exchange (Core Terms)

Preference Round Registration for International Exchange:

Mon, Jul 17 – Wed, Jul 19 (Start of Term 3)

Live bidding for International Exchange:

Fri, Jul 21 (Term 3)
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Estimates (approx.):
Expenses (INR) America Asia Australia Europe South Africa Israel
FIXED :
Airfares 2,00,000 1,00,000 1,60,000 1,20,000 1,20,000 1,20,000

Books 40,000 20,000 20,000 20,000 10,000 10,000

Miscellaneous 70,000 50,000 50,000 50,000 50,000 50,000

VARIABLE :
Housing
50,000 50,000 80,000 50,000 50,000 40,000
(per month)
Transport
10,000 10,000 20,000 10,000 10,000 10,000
(per month)
Food
50,000 20,000 20,000 20,000 10,000 20,000
(per month)
Total 4,20,000 2,50,000 3,50,000 2,70,000 2,50,000 2,50,000

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Finances
Take into account :
➢ Travel costs (Airfares, Commute, Insurance, vaccination, etc.)
➢ Stay & Board
➢ Books and other study material
➢ Visa processing
➢ Cost of travel and medical insurance
➢ Personal Travel
➢ Other personal expenses
➢ No additional tuition fee to be paid to host school
➢ Refund of Living Expenses at ISB*

*Amount which was paid by you as living expense at ISB for the period of exchange
will be refunded as you will be vacating the room while on exchange.
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Attending Graduation at ISB
Please find below the policy for students going on International Exchange
regarding Graduation ceremony.

• Students who complete graduation requirements at ISB before going on Exchange can walk on
Graduation day.
• Students who will be going on Exchange after Term 8 and will
be completing graduation requirements at Exchange school can walk on Graduation day.
• Students who finish their Exchange programme and return from exchange prior
to Graduation can walk on Graduation day, provided, students get a letter/certificate (format will
be shared later) from the exchange school that all requirements (classes, assignments, exams,
etc.) at their end have been completed and submit the letter/certificate to ASA & SEAL by March
30, 2024. Students who are on exchange and complete courses by March 30 but cannot provide
the requested letter/certificate from the Exchange school cannot walk on Graduation Day.
• Students who will not be completing their courses at exchange by March 20 cannot participate
in Graduation.

PS: Walking on Graduation Day is not a proof of either Graduation from ISB or completion of Graduation
requirements.
Official Graduation photos and Alumni card will be shared/issued only when (or after) official transcript
and certificate is released by ISB Registrar Office.

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PIM - PARTNERSHIP IN INTERNATIONAL MANAGEMENT
ISB is a part of PIM network. PIM stands for Partnership in International Management,
a worldwide consortium of top business schools which provide a framework for
International cooperation primarily at the graduate level. PIM schools are recognized
both regionally and globally for upholding the highest degree of academic excellence.
Currently around 60+ business schools are members of PIM network.

For more information, please refer to the below link :

http://www.pimnetwork.org
 Preference Round
July 17 to July 19 (First week of Term 3)

Students who have registered in

Preference Round will ONLY be allowed to
participate in Live Bidding!

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Preference Round

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Preference Round

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 International Exchange Seats
S.No Exchange Schools Country ISB Term Term Dates Outgoing

1 Bocconi University Italy Term 7 & 8 Late Jan - Early Jun 3

2 Bond University Australia Term 7 & 8 TBD 2

3 China Europe International Business School China Term 7 & 8 Jan 3 - Feb 24 2

4 Chinese University of Hongkong Hong Kong Term 8 & After Term 8 Mar 4 - Jun 15 2

5 Coller School of Management, Tel Aviv University Israel Term 8 & After Term 8 Mar - Apr 2

6 Fuqua School of Business, Duke University United States Term 7 & 8, Term 8 & After Term 8 Jan 16 - May 1, Mar 14 - May 1 1

Graduate School of Business, University of Cape Town

7 South Africa Term 7 & 8 TBD 2
(we are checking with school on course offering will update soon)

8 Guanghua School of Management, Peking University China Term 7 & 8 Feb 19 - Jun 23 2

9 HEC Paris France After Term 8 Apr 15 - Jun 28 1

10 IPADE Business School Mexico Term 8 & After Term 8 Mar 13 - Jun 5 Mexico (2), Monterrey (1)

11 Kellogg School of Management, Northwestern University United States Term 8 & After Term 8 Mar 26 - Jun 8 2

12 Korea Advanced Institute of Science and Technology South Korea Term 8 & After Term 8 Feb 26 - Jun 14 2

13 Lahore University of Management Sciences Pakistan Term 7 & 8 TBD 2

14 Louvain School of Management Belgium Term 7 & 8 Feb 5 - May 18 3

Term 7 & 8 , Jan 16 - Mar 26,

15 Melbourne Business School, University in Melbourne Australia 2
After Term 8 Apr 10 - Jun 18

16 National Chengchi University Taiwan Term 7 & 8 Feb 18 - Jun 20 2

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 International Exchange Seats
S.No Exchange Schools Country ISB Term Term Dates Outgoing

Term 7 & 8 ,
17 National University of Singapore Singapore Jan 15 - May 11, May 13 - Jun 22 1
After Term 8

18 NHH Norwegian School of Economics Norway Term 7 & 8 TBD 2

19 Nijmegen School of Management, Radboud University Netherlands Term 7 & 8 Jan 29 - Jul 12 3

20 NUCB Business School Japan After Term 8 Apr - May 4

Pontificia Universidad Catholica de Chile (PUC)

21 Latin America Term 8 & After Term 8 Mar 11 - May 31 2
(we are checking with school on course offering will update soon)

22 Rotman School of Management, University of Toronto Canada Term 7 & 8 Jan 15 - Apr 19 1

Term 7 & 8,
23 Rotterdam School of Management, Erasmus University Netherlands Feb 5 - Mar 23, Mar 25 - May 3 2
Term 8 & After Term 8

24 Sasin School of Management Thailand Term 7 & 8 Jan 19 - Mar 23 2

25 SGH Warsaw School of Economics Poland Term 7 & 8 Feb 19 - Jun 9 3

26 Stockholm School of Business Sweden Term 7 & 8 Jan 16 - June 2 2

27 Tsinghua SEM, Tsinghua University China Term 8 & After Term 8 Feb 26 - Jun 24 2

28 UNC Kenan Flagler Business School, University of North Carolina United States Term 8 & After Term 8 Mar 18 - May 3 2

29 Wharton School, University of Pennsylvania United States Term 7 & 8 Jan 19 - May 14 2

30 WITS Business School, University of Witwatersrand South Africa After Term 8 July 7 - Sep 1 2

31 Yonsei Business School Korea Term 8 & After Term 8 Mar 4 - Jun 24 2

32 Zagreb school of Economics and Management Croatia Term 8 & After Term 8 Mar - Jun 2

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International Exchange Seats
(Can arrive by Jan 15)
Jan 12 - Mar 18,
Darden School of Business, University of United Term 7 & 8 ,
33 Mar 15 - May 6, 2
Virginia States Term 8 & After Term 8
Jan 12 - May 6

United
34 Emory University Goizueta Business School Term 7 & 8 Jan 8 - May 2 2
States

35 ESADE Business School Spain Term 7 & 8 Jan 8 - Mar 22 1

European School of Management and Jan first week -

36 Berlin Term 7 & 8 2
Technology (ESMT) End of Mar

Hong Kong University of Science and

37 Hong Kong Term 7 & 8 Jan 30 - Jun 3 2
Technology

United
38 London Business School Term 7 & 8 Jan 2 - Mar 22 1
Kingdom

39 NEOMA Business School France Term 7 & 8 Early Jan - May 2

Warwick Business School, University of United Term 7 & 8 , Jan 8- Mar 16,
40 1
Warwick Kingdom After Term 8 Apr - Jul

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International Exchange Seats
(Can arrive by Jan 8)
S.No Exchange Schools Country ISB Term Term Dates Outgoing

41 EDHEC Business School France Term 7 & 8 Jan 5 - May 17 3

Fletcher School of Law and Diplomacy, Tufts United

42 Term 7 & 8 Jan 9 - May 8 2
University States

43 IESE Business School Spain Term 7 & 8 Jan 8 - Apr 26 1

44 Ivey Business School, Western University Canada Term 7 & 8 Jan 8 - Mar 22 2

Ross School of Business, University of United

45 Term 7 & 8 Jan 3 - Apr 27 1
Michigan States

46 Smith School of Business, Queens University Canada Term 7 & 8 Jan 5 - Mar 29 2

47 University of St Gallen Switzerland Term 7 & 8 Jan 9 - Mar 14 3

48 WHU Otto Beisheim School of Management Germany Term 7 & 8 Jan 5 - Aug 31 1

49 Skema Business School France Term 7 & 8 TBD 1

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 Mail your queries to:
Asma_Mohajir@isb.edu for Hyderabad
Gurpreet_Kaur@isb.edu for Mohali

For Exchange Network, Reviews, Checklist, No. of Seats,

FAQs, etc:

https://isbhydmoh.sharepoint.com/sites/atrium/Programmes/PGP/SE
AL/Exchange/Outbound_Exchange/Pages/default.aspx

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Thank You !

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