Programme Expenses

Programme Expenses

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


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 14-03-2024

Due on or before 14-03-2024

Due on or before 31-08-2024

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

-

-

-

-

38,578

41,750

 

Subtotal

27,61,000 

29,88,000

13,88,000

15,01,500

14,15,657 

15,32,683

6

GST @18%

4,96,980

5,37,840

2,48,490

2,68,920

2,55,434

2,76,435

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

16,74,512

18,12,185

9

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

25,000

25,000

25,000

25,000

-

-

10

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 15th March and 13th April 2024 with a late payment fee of INR 10,000/- plus taxes. The decision of the authorized person of ISB shall be final in such cases.

You may download the details of the 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 

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 Program 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 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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Monday to Friday, 10:00 to 17:00

PGP Management