New Delhi: Five students of Indian school of business (ISB) Hyderabad, have decided to develop a business strategy for setting up another B-School

These students have jointly worked with Institute of Management Studies (IMS) for the latter growth plans in the area of education.

The first step taken by the students is by launching of Praxis Business School in Kolkata which will start functioning from July this year.

IMS is assigned to develop the overall growth plan for these students under their "experiential learning project" (ELP) during which they take on various consultancy assignments with the industry.

The students have also interviewed students and faculty of other B-schools to find out and know what in their respect an ideal B-School should be like.