Indian School of Business (ISB), a private business school in India with campuses at Hyderabad and Mohali, is a non profit organization. The school was founded by two senior executives of McKinsey & Company and is governed by a board comprising both Indian and non-Indian businessmen. ISB has been ranked 29th in the world in the 2016 Financial Times Global MBA Rankings.[3] ISB is the first business school in Indian subcontinent to be accredited by the Association to Advance Collegiate Schools of Business.