The Indian School of Business (ISB), Hyderabad is sited on a 260 acre campus in Gachibowli amidst verdant surroundings. It was founded by senior executives of McKinsey & Company to cater to the need for a world-class business school in Asia and is funded entirely by private corporations, foundations, and individuals from around the world. The postgraduate programme was launched in 2001 with the first batch of 128 students. The Indian School of Business (ISB) boasts an excellent placement track record with one of the best and brightest pools of management talent across the world. The entire placement process at ISB is professionally conducted, spanning three-to-four months. In 2008, ISB became the youngest and the first Indian business school to bag a place among the top 20 business schools globally and since then it has been consistently ranked among the global top 20 B-schools by the Financial Times. It was ranked third in the Business India B-schools survey in 2011.