Alumni Giving by Numbers
In the last few years several alumni have strengthened their bond with ISB by generously donating to the School through different avenues. The School values your support immensely and considering that we are still a young school, our alumni have done us proud through their generosity.
Total # of alumni Contributed |
3525 |
% of Alumni Contributed |
46.5% |
Individual Gifts |
₹2 Crs |
Collective Gifts |
₹5.3 Crs |
Contributions towards Alumni Endowment Fund |
₹4.5 Crs |
Non Endowment Gifts |
₹2.8 Crs |
Areas of Impact
Facilities Created or renovated |
9 |
# of students supported through financial aid |
24 |
# Research Fellowship Announced |
2 |
# of Programme Supported |
1 |
Giving by areas (in Lakhs)
Infrastructure |
₹132.6 |
Financial Aid for Students |
₹40.7 |
Endowments (Research, Scholarships) |
₹450 |
Programmes |
₹130 |
Gifts in kind (Alum companies’ shares donation) |
₹8 |
Year Wise Contributions Received (in Lakhs)
Year |
Amount |
2008-09 |
29.9 |
2009-10 |
13.6 |
2010-11 |
27.9 |
2011-12 |
16.2 |
2012-13 |
109.95 |
2013-14 |
70.7 |
2014-15 |
130.6 |
2015-16 |
166.6 |
2016-17 |
168.7 |
Total |
734.2 |
Gifts Received from Classes in campaigns
Total Contributions received from alumni |
Class name
|
Lakhs
|
Co 2002 |
0.1 |
Co 2003 |
4.75 |
Co 2004 |
13.8 |
Co 2005 |
0.13 |
Co 2006 |
58.5 |
Co 2007 |
0.1 |
Co 2008 |
28.58 |
Co 2009 |
13.7 |
Co 2010 |
23.9 |
PGPMAX Co 2011 (Founding Class) |
35.5 |
Co 2011 |
49.46 |
PGPMAX Co 2012 |
36.9 |
Co 2012 |
48.9 |
PGPMAX Co 2013 |
14.6 |
Co 2013 |
37.6 |
PGPMAX Co 2014 |
14.6 |
Co 2014 |
51.6 |
MFAB Co 2014 |
9.7 |
Co 2015 |
35.5 |
PGPMAX Co 2015 |
24.4 |
PGP Co 2016 |
31.2 |
MFAB Co 2016 |
1.25 |
Total |
534.8 |
Donors for the Alumni Endowment Fund
The following classes have so far contributed to the endowment:
Donor
|
Level of contribution
(in INR lakhs)
|
PGP Co 2003
|
4.6
|
PGP Co 2004
|
13.80
|
PGP Co 2006
|
58.5
|
PGP Co 2008
|
12.20
|
PGP Co 2010
|
23.98
|
PGP Co 2011
|
28.7
|
PGP Co 2013
|
11.2
|
PGP Co 2014
|
49.90
|
PGP Co 2015
|
24.7
|
PGP Co 2016
|
15.8
|
PGPMAX Co 2011
|
35.5
|
PGPMAX Class of 2012
|
36.97
|
PGPMAX Co 2013
|
14.6
|
PGPMAX Co 2014
|
14.6
|
PGPMAX Co 2015
|
24.4
|
MFAB Co 2014
|
9.7
|
Others
|
1.8
|
Beneficiaries
Prof. Krishnamurthy Subramanian was awarded the research fellowship from the Alumni Endowment Fund in the FY 2015. He is one of the world’s leading experts in banking and economic policy. His service on the expert committee on governance of banks for The Reserve Bank of India has established him as one of the chief architects of banking reform in India.
Currently Subramanian serves as Associate Professor of Finance (with tenure) at the Indian School of Business. He holds a Ph.D. from the University Of Chicago Booth School Of Business, one of the world’s top universities for financial economics. His research in banking, law and finance, innovation and economic growth, and corporate governance has been published in the world’s leading journals.
The research grant was utilised by him for conducting his policy work as well as for academic research. Prof. Subbu has been working on benchmarking the information on the performance of venture capital investments. As part of the committee, he has made recommendations on the regulatory changes, some of which have been implemented in last year’s budget whereas some of the rest will be implemented in the forth-coming budget.
Prof. Subbu studied certain trends in Public Sector Banks which have an impact on the performance of the bank. These have yielded concrete results. These results have been presented to the Reserve Bank of India.
What the Beneficiaries say:
Being associated with ISB is a great achievement in itself and I feel elated after getting selected for the Phoenix Fund - Nurture India Scholarship. Getting such a help from ISB means a lot to me and my family. With this scholarship, the burden of education loan is reduced to a great extent.
- Divya Dewan, PGP Co 2017. Recipient of Nurture India Scholarship
I have been struggling quite a lot to gain financial stability these days. I have a family of 5, a personal loan, a huge educational loan and a number of unofficial debts from friends to take care of and I have been trying to pay my debts off every month bit by bit. . I plan to use a major part of this scholarship to pay back my friends and relatives on the loans that I have taken from them, send a part to my parents to help them sustain better and save the rest for any future emergencies.
- Sankalp Bansal, PGP Co 2016, Recipient of Co 2011 Tuition Waiver
The burden of the full education loan would have forced me in to choosing a job right after ISB which would have allowed me to repay this loan quickly but this scholarship ensures that I can afford to take the risk of exploring high risk opportunities in my areas of interest. I can focus on taking subjects that I wish to pursue rather than being limited to subject which I have to take for a high paying job. This scholarship has allowed me to tailor my experience at ISB in a way which I feel suits me the best and allows me to prepare for life after ISB the way I want to, without getting bogged down by the tension of a loan.
- Ravnish Bagga, PGP Co 2017, Recipient of Tuition Waiver, Alumni Endowment Fund
The way the program has been structured, the professionalism with which the course is conducted, the best-in-class faculty, the alumni of this institute who are ever-willing to support the future batches is what makes ISB such a big brand.
This only inspires me to give back to this institution in the future when I have the financial means so that I can also help future batches of deserving students realize their dreams and potential.
- Pranamita Basu, PGP Co 2017, Recipient of Tuition Waiver, Alumni Endowment Fund
The scholarship would be a big relief for me, as it will ease up my loan burden. I am sure I will be able to take a better decision for my future career path now, as my concern for loan repayment will be much less.
- Gandharv Paliwal, PGP Co 2017, Recipient of Tuition Waiver, PGPMAX Co 2012
The waiver not only helps me in reducing my tuition and overall costs, but also acts an enabler to make my education pursuit possible. Having come from a humble background, the waiver is pivotal in having made my ISB dream possible.
- Rohan Dev Talwar, PGP Co 2017, Recipient Aditya Shembekar Tuition Waiver