Programme Expenses

Programme Expenses

Post Graduate Programme in Management Fee Payment Schedule For 2024-25 (Tentative)


Admission Fee (partially refundable as per policy, refer to the offer letter)

1

Admission fee (payable as per 'date of payment' as specified in the offer letter)

Rs 3,00,000

2

GST @ 18%

Rs 54,000

 

Total admission fee

Rs 3,54,000 


Commitment Fee (non-refundable, refer to the offer letter)

1

Commitment fee (payable as per 'date of payment' as specified in the offer letter) 

Rs 2,00,000

2

GST @ 18%

Rs 36,000

 

Total Commitment fee

Rs 2,36,000

Other fees: Students have the option of paying the other fees either in one or two installments as below

 

 

Amount payable if paid in single installment

Amount payable if paid in two installments

 

 

1st Installment

2nd Installment*

 

 

Shared Accommodation

Studio Accommodation

Shared Accommodation

Studio Accommodation

Shared Accommodation

Studio Accommodation

 

 

Due on or before 14-03-2024

Due on or before 14-03-2024

Due on or before 07-09-2024

3

Tuition fee

24,72,000

24,72,000

12,36,000 

12,36,000 

12,36,000

12,36,000

4

Accommodation fee

2,89,000

5,16,000

1,44,500

2,58,000

1,44,500

2,58,000

 

Total

27,61,000

29,88,000

13,80,500

14,94,000

13,80,500

14,94,000

5

Interest @ 6% on 2nd Installment

-

-

-

-

40,167

43,469

 

Subtotal

27,61,000 

29,88,000

13,80,500

14,94,000

14,20,667 

15,37,469

6

GST @18%

4,96,980

5,37,840

2,48,490

2,68,920

2,55,720

2,76,744

7

Security Deposit (Interest free - refundable at the end of the academic year subject to recoveries if applicable)

20,000

20,000

20,000

20,000

- -

8

Total payable (SI.No. 2-7)

32,77,980

35,45,840

16,48,990

17,82,920

16,76,387

18,14,213

9

Insurance Premium towards hospitalisation insurance policy payable along with fees as per insurance premium calculator.)

At Actuals

At Actuals

At Actuals

At Actuals

-

-

10

Alumni Association membership deposit (optional & transferable to the association fund upon graduation)

25,000

25,000

25,000

25,000

-

-

11

GST @ 18%

4,500

4,500

4,500

4,500

-

-

 

TOTAL

29,500

29,500

29,500

29,500

-

-

ISB reserves the right to accept delayed payment between March 15 and April 13, 2024 with a late payment fee of 10,000 INR plus taxes. The decision of the authorised person from ISB shall be final in such cases.

You may download the details of the fee structure for the purpose of applying for an education loan. 

a. Taxes (*) shall be payable as per the rates applicable at the time of payment.

b. Deferral deposit remitted shall be set off against the amount payable at the time of enrolment.

c. Tuition fee waiver awarded, if any, shall stand withdrawn if the student withdraws from the programme before graduation or in case of any disciplinary action.

Other estimated expenses for PGP 2024-25 per student on campus*

S.No

Particulars

Approximate amount in Indian rupees per annum

1

Books

20,000

2

Laptop

50,000

3

Meal Plans

75,000

4

Other expenses towards:

IT support, laundry, electricity, documentation expenses, photocopy charges etc.

50,000

5 International Exchange Programme Cost 4,50,000

 

Total

6,45,000

*This is only an indicative amount

Scholarships

Note:

*All applicants are considered for merit scholarships by default.

*Each applicant will be eligible to receive only one of the tuition waivers.

*The school reserves the right to add, withdraw or modify any of the criteria, amount and count for all the tuition waivers/scholarships cited above.

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Working Hours (IST)

Monday to Friday, 10:00 to 17:00

PGP Management