THE PROGRAMME FEE FOR THE ACADEMIC YEAR commencing in 2020 is ₹47,00,000 plus taxes. The fee includes admission fee, tuition fee, boarding and lodging expenses for the residencies.
Admitted students are required to pay a non-refundable admission fee in order to secure a seat in the class.
|*Admission Fee (Non-refundable)||2,00,000|
|*Alumni Fund Contribution||25,000|
|*Lifetime use of Recreation centre and Library||10,000|
|Security Deposit (Refundable)||20,000|
*Taxes applicable as per law will be levied and are subject to change.
The admission fee is non-refundable and payable on acceptance of the offer. The tuition can be paid either in a single payment or in three installments.
An alumni membership of ₹ 25,000, plus GST is payable by all participants of the programme by July 31, 2020. The alumni membership is non-refundable for participants who successfully graduate from the programme. This fee will be fully refundable for participants who do not graduate from the programme either due to withdrawal or failure to clear the examinations.
A one-time fee of ₹ 10,000, plus GST must be paid towards a lifetime use of the ISB Recreation Centre. This fee is applicable for participants of all degree-equivalent programmes at ISB.
A refundable security deposit of ₹ 20,000 has to be paid in addition to the programme fee. This amount is refundable after deduction of any dues payable to the School.
The additional expenses (not included in the program fee) that a student is expected to incur are:
They will be incurred on:
Travel to ISB Hyderabad or Mohali campuses.
Purchase of laptops and other electronic aids recommended by ISB.
Other miscellaneous expenses like mini bar, laundry, beverages, meals outside campus etc
Participants have the option to pay the fees in a single payment or installments.
Please refer to the payment schedule for details:
Participants who wish to complete the programme in two years, subject to the approval of the dissertation chair, will have to pay the third installment by July 31, 2021.
After Year 3, the tuition fee is ₹ 3,00,000 (excluding taxes) per year until completion or until the maximum candidature period of 5 years is reached.
|FEE ITEM||AMOUNT (₹)||GST AT 18%*||TOTAL||PAYABLE BY|
|Admission Fee||2,00,000||36,000||2,36,000||Within 15 days of admission offer|
|1st Instalment||20,00,000||3,60,000||23,60,000||July 31, 2020|
|2nd Instalment||15,00,000||2,70,000||17,70,000||July 31, 2021|
|3rd Instalment||10,00,000||1,80,000||11,80,000||July 31, 2022|
Financial assistance in the form of tuition fee loans may be available to the students of the programme.
The sanction of loans is at the complete discretion of the financial institutions concerned. You may contact the below financial institutions for student loans.
Tuition fee waiver may be awarded to candidates from below mentioned categories.
|CATEGORY||% of Tuition Fee|
|ISB alumni from PGP, PGPMAX, PGPMFAB and PGPpro programmes||25%|
|ISB alumni from the ISB Executive Education programmes||10%|
|Employees from companies participating in the ISB campus placements for the past five years||10%
If you are an applicant from the above mentioned categories, please send proof of your eligibility to the programme office via email requesting for a waiver.