Programme Expenses

Programme Expenses

Post Graduate Programme in Management Fee Payment Schedule For 2023 - 24


Admission Fee (Partially refundable as per policy, refer offer letter)

1

Admission fee (Payable as per “date of payment” as specified in the offer letter)

Rs.300,000

2

GST @ 18%

Rs.54,000

 

Total admission fee

Rs.354,000 


Commitment Fee (Non-Refundable, refer offer letter)

1

Commitment fee (Payable as per “date of payment” as specified in the offer letter) 

Rs.200,000

2

GST @ 18%

Rs.36,000

 

Total Commitment fee

Rs.236,000

Other Fees (Students have the option of paying the other fees either in one installment 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 16-03-2023

Due on or before 16-03-2023

Due on or before 21-09-2023

3

Tuition fee

24,57,000

24,57,000

12,28,500

12,28,500

12,28,500

12,28,500

4

Accommodation fee

2,89,000

5,16,000

1,44,500

2,58,000

1,44,500

2,58,000

5

Onetime fee for ISB Alumni for use of ISB Library & Recreation Center

15,000

15,000

15,000

15,000

-

-

 

Total

27,61,000

29,88,000

13,88,000

15,01,500

13,73,000

14,86,500

6

Interest @ 6% on 2nd Installment

-

-

-

-

42,657

46,183

 

Subtotal

27,61,000 

29,88,000

13,88,000

15,01,500

14,15,657 

15,32,683

7

GST @18%

4,96,980

5,37,840

2,49,840

2,70,270

2,54,818

2,75,883

8

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

- -

9

Total payable (SI.No. 3-8)

32,77,980

35,45,840

16,57,840

17,91,770

16,70,475

18,08,565

10

Insurance policy should be self-obtained & the policy coverage should be a minimum of one Lakh Rupees.

-

-

-

-

-

-

11 

Alumni Association Membership deposit (Optional & transferable to Alumni association fund upon graduation)

25,000

25,000

25,000

25,000

-

-

12

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 16th March and 15th April 2023 with late payment fee of INR 10,000/- plus taxes. The decision of authorized person of ISB shall be final in such cases.

You may download the details of fee structure for the purpose of applying for an educational 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 under the rules and regulations of ISB.

Other Estimated Expenses for PGP 2023-24 per Student on Campus*

S.No

Particulars

Approximate Amount in Indian Rupees per annum

1

Books

20,000

2

Laptop

100,000

3

Meal Plans

90,000 

4

Other expenses towards:

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

75,000

 

Total:

2,85,000

*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 information provided aims to be accurate as far as possible at the time of publication. 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 at any time

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Working Hours (IST)

Monday to Friday, 10:00 to 17:00

PGP Management