Financial Aspects

Tuition fees
Although there is a tuition fee for the first two years of the programme and dissertation fees after advancement to candidacy, until graduation, almost all students will be offered full tuition scholarships.

Living expenses
Financial assistance through ISB scholarships will be available on the basis of demonstrated need and merit. A full scholarship from ISB for the FPM provides for a tuition waiver plus a living allowance, which currently ranges between INR 6 lakhs and INR 7 lakhs for a full year of study at ISB (variation according to family composition: single or married). A supplement will be given to cover expenses during the student’s residence at INSEAD or other associated schools. ISB scholarships will be available to all the FPM candidates during the first five years of studies (for a full 12 months) and would be renewed annually depending on satisfactory progress.

Medical Insurance
It is mandatory for all students and their dependents living on campus to have medical insurance. ISB will arrange to purchase a group medical insurance for all students and their dependents. The premium for this will have to be paid by all students at the time of registration. The premium is approximately in the range of INR 1,300 to 4,000 depending on the age of the insured - these amounts are approximate and are subject to change.