Explore fees, financial aid, and scholarships for the 2024-2025 academic years at the renowned Indian School of Business (ISB). Whether it’s the Post Graduate Program (PGP), PGPpro, PGPmax, or MFAB, this guide offers comprehensive insights into making your MBA journey more affordable.
Why Financial Aid Matters
Financial constraints shouldn’t hinder deserving candidates from accessing world-class education. This guide simplifies understanding ISB fees, additional costs, and scholarship opportunities, helping you plan effectively for an enriching educational journey.
ISB PGP Fees Structure (2024-2025)
Application Fee
- Round 1: INR 5,000
- Rounds 2 and 3: INR 7,500
- Re-applicants: INR 2,500
Tuition & Accommodation Fees
- Shared Accommodation: INR 27,61,000 (tuition + shared accommodation)
- Studio Accommodation: INR 29,88,000 (tuition + studio accommodation)
Additional Costs:
- ISB Alumni Library & Recreation Center Fee: INR 15,000
- GST @18%: INR 4,96,980 (shared) or INR 5,37,840 (studio)
Total Fees (2024-2025):
- Shared Accommodation: INR 32,77,980 (including GST)
- Studio Accommodation: INR 35,45,840 (including GST)
ISB PGPPRO Fees Structure
Application Fee
- INR 5,000
Program Fees
- Total (2024-2025): INR 30,46,000 + GST = INR 35,90,680
Additional Costs:
- Security Deposit: INR 20,000
- Alumni Fund Contribution: INR 25,000
- Recreation Center Access Fee: INR 15,000
ISB PGPmax Fees Structure
Application Fee
- Round 1: INR 10,000
- Round 2: INR 15,000
Program Fees
- Total: INR 41,63,000 + GST = INR 49,12,340
Additional Costs:
- Security Deposit: INR 20,000
- Recreation Center Access Fee: INR 15,000
ISB MFAB Fees Structure
Application Fee
- INR 15,000 (includes BAT test fee)
Program Fees
- Total: INR 41,98,000 + GST = INR 49,53,640
Additional Costs:
- Security Deposit: INR 20,000
- Alumni Membership Fee: INR 25,000
- Recreation Center Access Fee: INR 15,000
Scholarships at ISB
ISB offers a wide range of scholarships to support deserving candidates:
Merit-Based Scholarships
- Amount: 25%-75% tuition fee waiver
- Eligibility: Automatic consideration based on application quality (GMAT/GRE scores, academic history, work experience, etc.)
Need-Based Scholarships
- Amount: Up to 75% tuition fee waiver
- Eligibility: Combined family income below INR 18 lakhs
- Application: Requires a separate essay during the application process
Diversity Scholarships
Promotes gender, professional, and cultural diversity.
Corporate Scholarships & Alumni Endowments
Supported by organizations and ISB alumni.
Donor-Supported Scholarships
Generous donors fund scholarships aimed at empowering students.
Special ISB Fee Waivers
- GRE and GMAT ASR fees waived for select applicants
- Fee waivers for reapplicants
Application Tips
All ISB applicants are automatically considered for merit-based scholarships. For need-based or donor-supported scholarships, ensure you check the relevant options during application submission.
FAQs on ISB Scholarships
Q: What scholarships are available for Round 2?
A: Merit-based, need-based, diversity scholarships, corporate scholarships, and alumni endowments.
Q: How do I apply for merit-based scholarships?
A: All applicants are automatically considered.
Q: What are the criteria for need-based scholarships?
A: Family income must be below INR 18 lakhs.
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Get an Edge in Your ISB Application
Leverage the expertise of ISB alumni at Strategy4GMAT. For profile evaluation and application assistance, email us at [email protected] or call +91 8808553552 / 9990493487. Stand out with personalized guidance and craft a winning application.
For more on ISB financial aid, visit the ISB website.