The Punjab government on Wednesday signed an agreement to set up an Indian School of Business (ISB) in SAS Nagar, Mohali. The first academic session at the ISB Campus in Mohali is expected to commence in 2012. The campus proposes to have 280 seats in its post graduate management programme and 750 seats in its executive education programme.
The institute will be established under a unique model of Public-Private Partnership (PPP) whereby the state government would be leasing out 70 acre of land in Knowledge City in Sector 81, Mohali for a period of 99 years at a rate of Rs 1per acre annually to ISB to establish the second campus of ISB with the support of the four founder supporters.
