| Particulars | Shared Accommodation | Studio Accommodation |
|---|---|---|
| Admission Fee – Payable at the time of offer acceptance | ||
| Admission Fee (non-refundable) + applicable GOI taxes | 2,50,000 | 2,50,000 |
| Tuition & other costs – Payable by 2021 | ||
| Tuition Fee | 21,50,000 | 21,50,000 |
| Campus accommodation | 2,00,000 | 3,15,000 |
| One time contribution for life-time use of the on-campus libraries & recreation centers | 5,000 | 5,000 |
| Total Fee | 26,05,000 | 27,20,000 |
| Add: Service Tax + Cess (Net Present Rate: 18%) | 3,90,750 | 4,08,000 |
| Total Fees (inclusive of taxes) | 29,95,750 | 31,28,000 |
| ISB Alumni Association membership contribution | 15,000 | 15,000 |
| Interest-free refundable security deposit | 15,000 | 15,000 |
| Total Amount Payable (in INR)* | 30,25,750 | 31,58,000 |
| Total Amount Payable (approximate in USD)** | 45,000 | 47,000 |
*Taxes as applicable.
**Payable as per the prevailing exchange rate at the time of the fee payment so that the amount realised by the School in INR. is equivalent to the “Total Amount Payable (in INR)”
Study Material Costs & Food Expenses would be extra. The cost of an E-Coursepack for the PGP Class of 2018 is approximately Rs. 50,000 Cost would be more if students opt for Print or Print + Digital copies of the coursepack
ISB Tuition Wavers
| Waiver | Amount | Count | Criteria | Application Process | Application Deadlines |
|---|---|---|---|---|---|
| Full tuition fee waivers | Full tuition fees | 7 | 4Merit based, at the discretion of the Admission Committee. Only for Cycle 1 applicants. |
No need for a separate application. | Not applicable |
| Partial tuition fee waivers | INR. 5 – 10 Lakh | 25 to 30 | Merit based, at the discretion of the Admission Committee. | No need for a separate application. | Not applicable |
| Need based tuition fee waivers | INR. 5 Lakh | 25 to 30 | Applicants with family income (including applicant’s income) of less than INR. 10 lakh per annum. Applicants from family business, entrepreneurial & self-employed background will not be considered. Applicants who have studied or worked outside India will not be considered. |
Application and essay topic available as a part of the PGP application. | Respective application Cycle deadline. |
| ISB – AIESEC waivers | INR. 5 Lakh | 3 | Merit based, at the discretion of the Admission Committee. Only for AIESEC alumni. |
Application and essay topic available as a part of the PGP application. | Respective application Cycle deadline. |
| Diversity waivers | INR. 5 Lakh | 5-10 | Merit based, at the discretion of Admission Committee. | No need for a separate application. | Not applicable |
International Scholarships
| Name of Scholarship | Amount | No. | Criteria | Selection Process | Application Dates |
|---|---|---|---|---|---|
| ISB Merit Waivers | 25% to 100% of the Tuition Fee | 16 | Only for applicants of Non-Indian origin | Basis the merit of their Admission application | No separate application required |
| No separate application required | INR. 1 Million | 2 | AIESEC alumni of non-Indian origin | Overall merit along with an essay. | To be submitted along with the admission application. |
| Bridge to India Scholarship | INR. 0.5 to 1 million | 3 | Indian Passport holders based outside India. | Overall merit along with an essay. | To be submitted along with the admission application. |
| La Caixa and Casa Asia Scholarship | Total expenditure | 3 | Spanish Citizens with under-graduation from a Spanish University. | Refer to LaCaixa website | As prescribed by LaCaixa |
Corporate and Other Scholarships
| Scholarship | Amount | Count | Criteria | Process | Deadline |
|---|---|---|---|---|---|
| Aditya Shembekar scholarship |
INR. 4 Lakh | 1 | Applicants with family income (including applicant’s income) of less than INR.10 lakh per annum. Applicants from family business, entrepren- eurial &self-employed background will not be considered. Applicants who have studied or worked outside India will not be considered. |
Evaluation on the basis of the PGP need-based waivers application – a part of the PGP application form. |
Cycle 1: October 15, 2016; Cycle 2: January 15, 2017 |
| PGPMax Class of 2012 endowment |
INR. 5 Lakh | 1 | Applicants with family income (including applicant’s income) of less than INR. 10 lakh per annum. Applicants from family business, entrepren- eurial &self -employed background will not be considered. Applicants who have studied or worked outside India will not be considered. |
Evaluation on the basis of the PGP need-based waivers application – a part of the PGP application form. |
Cycle 1: October 15, 2016; Cycle 2: January 15, 2017 |
| Bajaj Auto Scholar |
Full Tuition | 3 | Merit based, at the discretion of the respective applicatio n year’s Admission Committee |
Evaluation on the basis of the PGP need-based waivers application |
Not applicable |
| Citi Scholar | US$ 12,500 or equivalent INR. |
2 to 4 | Merit based, at the discretion of the sponsor |
Application and personal interview after enrolment in the PGP Class. |
To be communi- cated to enrolled students. |
| ISB Alumni endowment |
INR. 8 to 10 Lakh | 1 | Merit based, at thethe respective application year’s Admission Committee |
Evaluation on the basis of the PGP application. |
Not applicable |
| Class of 2011 alumni endowment |
INR. 4 Lakh | 1 | Applicants with family income (including applicant’s income) of less than INR. 10 lakh per annum. Applicants from family business, entrepreneurial & self-employed background will not be considered. Applicants who have studied or worked outside India will not be considered. |
Evaluation on the basis of the PGP need-based waivers application- a part of the PGP application form. |
Cycle 1: October 15, 2016; Cycle 2: January 15,2017 |
| Novartis Scholarship | INR. 4 Lakh | 3 | Need based, only for female students who have completed their schooling from non ‘A’ class town. Applicants from family business, entrepreneurial &self-employed background will not be considered. Applicants who have studied or worked outside India will not be considered. |
Eligible profiles will be forwarded by the Admissions Office to Novartis. No interview involved. |
Not applicable |
| Nurture India Scholarship | INR. 6 to 7 Lakh | 1 | Granted to an admitted student who is the sole bread earner of the family with dependant parents / siblings with no or very little income. Applicants from family business, entrepreneurial & self-employed background will not be considered. Applicants who have studied or worked outside India will not be considered. |
Evaluation on the basis of the PGP need-based waivers application – a part of the PGP application form. |
Cycle 1: October 15, 2016; Cycle 2: January 15, 2017 |
| D’Decor Tuition Waiver | INR. 5 Lakh | 4 | Applicants with family income (including applicant’s income) of less than INR. 10 lakh per annum. Applicants from family business, entrepreneurial & self-employed background will not be considered. Applicants who have studied or worked outside India will not be considered |
Evaluation on the basis of the PGP need-based waivers application – a part of the PGP application form. |
Cycle 1: October 15, 2016; Cycle 2: January 15, 2017 |
| Hitachi Tuition Waiver | INR. 5 Lakh | 2 | Applicants with family income (including applicant’s income) of less than INR. 10 lakh per annum. Applicants from family business, entrepreneurial & self-employed background will not be considered. Applicants who have studied or worked outside India will not be considered |
Evaluation on the basis of the PGP need-based waivers application – a part of the PGP application form. |
Cycle 1: October 15, 2016; Cycle 2: January 15, 2017 |