One of the most critical considerations when selecting a business school is the cost of education. We are discussing about ISB MBA fees to provide inputs on the financial planning as well an indication that the school offered ISB MBA fees waivers in the way of application fees waivers and scholarships in 2024-25. Being aware of these would help applicants and admits manage their way to their dream ISB MBA.
ISB Programs Fee Comparison 2024-25
Core Full-Time Programs
1. ISB PGP (Post Graduate Programme in Management)
Total Cost Structure:
With Shared Accommodation: ₹38,97,480 (including GST, excluding optional fees)
With Studio Accommodation: ₹41,65,340 (including GST, excluding optional fees)
Break-up:
Admission Fee: ₹3,00,000 + GST (₹3,54,000 total)
Commitment Fee: ₹2,00,000 + GST (₹2,36,000 total)
Tuition Fee: ₹24,72,000
Accommodation Options:
Shared: ₹2,89,000
Studio: ₹5,16,000
Security Deposit: ₹20,000 (Refundable)
Alumni Association Fee: ₹25,000 + GST (Optional)
Additional Estimated Expenses: ₹6,45,000
Books: ₹20,000
Laptop: ₹50,000
Meal Plans: ₹75,000
Other expenses: ₹50,000
International Exchange: ₹4,50,000
2. ISB PGP YL (Young Leaders)
Total Programme Fee: ₹29,99,200
Break-up:
Admission Fee: ₹2,00,000 + GST
Tuition Fee: ₹18,65,000
Accommodation Fee: ₹3,95,000
Security Deposit: ₹20,000 (Refundable)
Alumni Association Fee: ₹25,000 + GST (Optional)
3. ISB MFAB (Management Program for Family Business)
Total Programme Fee: ₹42,13,000 + GST
Break-up:
Admission Fee: ₹3,00,000
Programme Fee: ₹39,13,000
Security Deposit: ₹20,000 (Refundable)
Alumni Fee: ₹25,000
ISB Executive MBA Programs
4. ISB PGPMAX (Senior Executives)
Total Programme Fee: ₹49,50,040 (including GST)
Break-up:
Admission Fee: ₹3,00,000 + GST
Tuition Fee: ₹38,78,000 + GST
Security Deposit: ₹20,000 (Refundable)
5. ISB PGPpro (Professionals)
Total Programme Fee: ₹37,38,180 (including GST)
Break-up:
Admission Fee: ₹3,00,000 + GST
Tuition Fee: ₹28,51,000 + GST
Security Deposit: ₹20,000 (Refundable)
Specialized ISB Advanced Management Programs
6. ISB AMPPP (Public Policy)
Total Fee: ₹13,86,000 + GST
7. ISB AMP-OSC (Operations and Supply Chain)
Total Fee: ₹13,86,000 + GST
8. ISB AMP-Infrastructure
Total Fee: ₹10,00,000 + GST
Alumni Fee: ₹15,000 + GST
Security Deposit: ₹5,000
9. ISB AMP-Business Analytics
Total Fee: ₹10,85,000 + GST
Alumni Fee: ₹15,000 + GST
Security Deposit: ₹10,000
ISB AMP-Healthcare
Programme Fee: ₹13,20,000 + GST
Alumni Fee: ₹15,000 + GST
Security Deposit: ₹5,000
Key Comparisons:
Program Cost Hierarchy (Base Fee + GST):
PGPMAX: ₹49,50,040
MFAB: ₹42,13,000 + GST
PGP (Studio): ₹41,65,340
PGP (Shared): ₹38,97,480
PGPpro: ₹37,38,180
PGP YL: ₹29,99,200
AMPPP/AMP-OSC: ₹13,86,000 + GST
AMP-Healthcare: ₹13,20,000 + GST
AMP-Business Analytics: ₹10,85,000 + GST
AMP-Infrastructure: ₹10,00,000 + GST
Security Deposit Comparison:
₹20,000: PGP, PGP YL, MFAB, PGPMAX, PGPpro
₹10,000: AMP-Business Analytics
₹5,000: AMP-Infrastructure, AMP-Healthcare
Alumni Fee Comparison:
₹25,000 + GST: PGP, PGP YL, MFAB, PGPMAX, PGPpro
₹15,000 + GST: AMP Programs
1. ISB Hyderabad MBA fees for ISB PGP:
ISB PGP Application Fee:
ISB PGP Fees:
The ISB PGP program is a one-year full-time MBA program that includes an admission fee, commitment fee, tuition and accommodation fee, alumni association membership deposit, and meals/laundry/laptop expenses.
Admission Fee - The admission fee for the PGP program is INR 300,000, which is partially refundable as per the policy mentioned in the offer letter. The fee includes a GST of 18%, which amounts to INR 54,000. Therefore, the total admission fee payable is INR 354,000.
Commitment Fee - The commitment fee is a non-refundable fee of INR 200,000, which is payable as per the date specified in the offer letter. The fee includes a GST of 18%, which amounts to INR 36,000. The total commitment fee payable is INR 236,000.
Tuition and Accomodation fee - For shared accommodation, the tuition fee is INR 24,57,000, accommodation fee is INR 2,89,000, and one-time fee for ISB Alumni for use of ISB Library & Recreation Center is INR 15,000, making the total amount payable INR 27,61,000.
For studio accommodation, the tuition fee is Rs. 24,57,000, accommodation fee is Rs. 5,16,000, and one-time fee for ISB Alumni for use of ISB Library & Recreation Center is Rs. 15,000, making the total amount payable Rs. 29,88,000.
In addition, there is a GST of 18% on the total amount payable, which amounts to Rs. 4,96,980 for shared accommodation and Rs. 5,37,840 for studio accommodation. In case the student withdraws from the program before it starts, only the admission fee is refunded as per the policy mentioned in the offer letter. Overall, the ISB MBA fees for the PGP program can seem daunting at first glance, but they include a range of facilities and resources that students can benefit from during their time at the school.
It's also worth noting that the school offers a range of scholarships and financial aid options that students can explore to offset their costs.
2. ISB MBA fees for ISB PGPpro:
The total fee for the 2022-23 academic year for ISB PGPpro is ₹30,46,000 (plus GST), which includes entrance and tuition fees, course materials, executive housing during on-campus residencies, and food on all school days. Additionally, a security deposit of ₹20,000, a donation of ₹25,000 to the alumni fund, and ₹15,000 towards lifetime leisure centre and library usage are also included. The MBA fees for applying to ISB PGPpro is INR 5,000.
3. ISB MBA fees for ISB PGPMAX:
ISB PGPMAX is a 15-month Executive MBA program designed for senior executives with at least 10 years of work experience. The total fee for the program is ₹41,63,000 (plus GST), which includes admission fee, tuition fee, course material, and boarding & lodging for most days. The admission fee is ₹3,00,000 and the tuition fee is ₹38,63,000. Additionally, a security deposit of ₹20,000 and a deposit of ₹15,000 towards lifetime use of the ISB Recreation Centre are required. The application fee for ISB PGPMAX is ₹10,000 for Round 1 and ₹15,000 for Round 2.
4. ISB MBA fees for ISB MFAB:
ISB MFAB is a 15-month MBA program designed for professionals with a background in finance and accounting. The total fee for the 2023-24 academic year is ₹41,98,000 (plus GST), which covers the admission fee, program fee, lodging, meals, and all textbooks. However, travel expenses from the participant's home location to both ISB campuses and the overseas destination are not included in the price. The program also requires a refundable security deposit of ₹20,000, an alumni membership fee of ₹25,000, and a deposit of ₹15,000 towards lifetime use of the ISB Recreation Centre. The application fee for ISB MFAB is ₹15,000, which includes the BAT test fee for both Round 1 and Round 2.
The Fees for ISB Hyderabad and ISB Mohali is same across programs.
Apart from the post graduate programs ISB also offers 4 Advanced Management Programs
These are
A.) Advanced Management Program in Operations and Supply Chain
Duration: 12 months. Program Fee: 10,70,000 plus GST @ 18%
B.) Advanced Management Program for Healthcare
Duration: 12 months. Program Fee: ₹13,20,000 + GST @18%*
C.) Advanced Management Program in Business Analytics
Duration: 15 months. Program Fee: 10,85,000 plus GST @ 18%
D.) Advanced Management Program for Infrastructure
Duration: 12 months. Program Fee: 10,00,000 plus GST @ 18%
Apart from the program fee ISB also charges a INR 5000/- refundable security deposit and INR 15,000 as alumni fee.
These fees given above can always change. Therefore, it's advisable to check the official ISB website for the latest fee details before applying to any of the programs. Additionally, ISB offers various scholarships and financial aid options to eligible students to help ease the financial burden of pursuing an MBA.
ISB PGP Fees is an important factor that a student considers before choosing a B School. You can read about more such factors here ISB Vs IIM
Get in touch with an ISB admission consultant at GOALisB for assistance with your ISB Application. Write to us at contact@goalisb.com or whatsapp at +91 7719497187.
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ISB Financial Information
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ISB Career Options and Comparisons
ISB Admissions and Preparation