Fees and Financing

Fees and Financing

ISB’ PGPMAX offers invaluable lessons in management, both from outstanding faculty and experienced peer group, providing you with a unique opportunity to gain business and leadership skills, expand your professional network, and prepare you to achieve your career aspirations.

PGPMAX programme fee for the academic year 2023-24 is  INR 41,63,000 plus taxes. The fee includes admissions & tuition fees, course material, and boarding & lodging for most days.

To gain a better understanding of the programme benefits and ROI, we advise you to attend one of our information sessions or reach out to the Admissions Team. 

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Programme Costs

The programme focuses on managing the business in a fast-evolving environment. The School works with its Associate Schools to create a curriculum that reflects best global practices that provide conceptual knowledge which helps in improving and broadening existing skills.

The programme fee for the academic year 2023-24 is ₹ ​41,63,000 plus taxes. The fee includes admission fee, tuition fee, course material, and boarding & lodging for most days.    

ITEM

AMOUNT (₹)

Admission Fee

3,00,000

Tuition Fee

38,63,000
TOTAL PROGRAMME FEE 41,63,000

 

* Fee structure for the academic year 2023-24 will be updated soon. 


Security Deposit

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.

Alumni Fund Contribution

An alumni membership of ₹​25,000 + GST is payable by all participants of the programme. 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.

Life-Time Use of Recreation Centre

A deposit of ₹15,000 + GST has to be paid towards lifetime use of the ISB Recreation Centre. This fee is applicable for participants of all degree equivalent programmes at ISB.

Expenses not included in the programme fee are:

  1. Travel for classes at ISB-Hyderabad/Mohali.
  2. Travel (airfare/local conveyance) for the international immersion.
  3. Purchase of laptops and other electronic aids recommended by the Programme Office.
  4. Other miscellaneous expenses like mini bar, laundry, beverages, meals outside campus etc

Notes:

  1. ISB reserves the right to revise the programme fee.
  2. The school realises its fee in Indian rupees. Participants who want to remit the fees in foreign currency can do so by remitting the foreign currency equivalent to INR, based on the prevailing exchange rate.
  3. The refund of any fee is subject to the refund policy prevailing at the time of seeking a refund.
  4. It is mandatory to live in accommodation provided by the school during the days of classes.
  5. All participants are required to have a personal laptop, the minimum specifications of which will be sent before the start of the programme. Official laptops are not allowed.

 

Flexible Payment Options

Programme Fee for the academic year 2023-24.

Fee payable in four equal instalments: 

FEE PARTICULARS

PAYMENT DEADLINES

FEE (₹)

GST (@18%)

 TOTAL (₹)

Admission Fee

20 days from the date of admission offer

3,00,000

54,000

3,54,000

1st instalment 

June, 2023

9,65,750

1,73,835

11,39,585

2nd instalment 

October, 2023

9,65,750

1,73,835

11,39,585

3rd  instalment 

February , 2024

9,65,750

1,73,835

11,39,585

4th instalment

June, 2024

9,65,750

1,74,835

11,39,585

Total amount payable 

 

41,63,000 

7,49,340

49,12,340

 

Admitted students are required to pay an admission fee in order to secure a seat in the class. 

  1. The tuition includes executive accommodation and meals on all class days.
  2. Digital and non-digital course material is included.
  3. Accommodation during the international immersions is included. 
  4. Travel costs are not included in international immersion modules.

 

Scholarships

PGPMAX offers a limited number of merit-based scholarships aimed at assisting deserving candidates to enroll in the programme. Competition for the scholarship awards is high. The Scholarship Committee considers applications from candidates who demonstrate the below criteria: 

  1. Community-minded and socially responsible 

  2. Strong academic and professional profile with a track record of professional achievements

  3. Demonstrate leadership skills

  4. Potential for exceptional performance and impact

  5. Potential to become an excellent ambassador for ISB as a student and as an alumni 

  6. Spouse of a PGPMAX alumni

  7. Women leaders and professionals, especially those working in the Public / Social Sector enterprises.

Scholarship awards are for a partial amount of the overall fee and usually range between 20% and 25% of the tuition fees.


How you may fund for PGPMAX?

There are a number of funding options to finance the PGPMAX programme: corporate sponsorships, scholarship, and bank loans among others.

Only the most deserving get a scholarship award. 15% of the Class of 2022 participants received a scholarship. The scholarship award averages at 25% of the tuition fees. The award is deducted from the last instalment of tuition fees.

To know more details on the funding options, please contact the Programme Office.


80 %

Self-Funded

10 %

Corporate Sponsorship

10 %

Partial Corporate Sponsorship

15 %

Scholarship and Financial Aid Contributions

PGPMAX Support

Phone

+91 80352 16559

Working Hours

Monday to Friday, 10:00 to 19:00