Term-wise breakdown, hostel costs, scholarships and education loans
ISB PGP 2026-27 total tuition is ₹25.62 lakh. Total fees including accommodation, GST, admission and commitment fees come to ₹38.67 lakh (shared accommodation) or ₹42.42 lakh (studio accommodation) for the 1-year residential programme — single installment. With other estimated expenses of ₹6.45 lakh (books, laptop, meal plans, international programme module, IT/laundry/electricity), the all-in cost is approximately ₹45-49 lakh.
| Fee Component | Amount |
|---|---|
| Admission Fee (partially refundable) | ₹3,00,000 + 18% GST = ₹3,54,000 |
| Commitment Fee (non-refundable) | ₹2,00,000 + 18% GST = ₹2,36,000 |
| Tuition Fee | ₹25,62,000 |
| Accommodation | ₹2,34,000 (shared) or ₹5,16,000 (studio) |
| GST 18% | ₹4,61,160 (shared) or ₹5,54,040 (studio) |
| Security Deposit (refundable) | ₹20,000 |
| Grand Total (single installment) | ₹38,67,160 (shared) or ₹42,42,040 (studio) |
| Other expenses per year | Books ₹20k + Laptop ₹50k + Meal Plans ₹75k + International Programme ₹4.5 L + IT/laundry/electricity ₹50k = ₹6,45,000 |
Two-installment payment option is also available — payments split equally with 6% simple interest on the second installment (~₹37k-40k extra).
ISB sits at the upper end of Indian MBA fees but offers a 1-year residential programme. Per-year cost comparison:
| B-School | Total Programme Cost | Per-Year Cost |
|---|---|---|
| ISB | ~₹45 L for 1 year | entire programme cost |
| IIM A/B/C | ₹25-27.5 L for 2 years | ₹12-14 L per year |
| SPJIMR Mumbai | ₹22.5 L for 2 years | ₹11 L per year |
| XLRI Jamshedpur | ₹27.5 L for 2 years | ₹13.75 L per year |
| MDI Gurgaon | ₹26.55 L for 2 years | ₹13.27 L per year |
| FMS Delhi | ₹2.43 L for 2 years | Govt subsidised |
The opportunity cost trade-off is significant. ISB graduates lose 1 year of earnings (vs 2 for IIM/XLRI grads), with average pre-ISB CTC ~₹14-15 LPA. Net trade-off for many candidates favours ISB.
ISB delivers strong ROI: ₹37.29 LPA average CTC for Class 2026 (up 11% from ₹33.80 L in Class 2025). Highest CTC: ₹1.56 Cr per annum. Pre-ISB to post-ISB CTC growth: 156%.
Within 3 years of graduation, ISB graduates see a 227% salary increase, placing the school #2 globally on the FT MBA Ranking for Percent Salary Increase. For a typical median student with ₹14-15 LPA pre-ISB CTC, payback period is approximately 2-2.5 years post-graduation.
ISB has announced an expanded financial aid programme for 2026-27:
| Family Income | Tuition Waiver |
|---|---|
| Up to and including ₹8 lakhs | 100% Tuition Waiver |
| Above ₹8 lakhs and up to ₹20 lakhs | Up to 75% Tuition Waiver |
In addition, ISB offers 9 scholarship categories from its own funds and 10 donor-supported categories covering Merit, Diversity, Need-based, AIESEC, and special returning-to-impact scholarships for those entering social impact startups, NGOs, or public/government sectors. Approximately 25% of every PGP cohort receives some form of scholarship.
Education loans up to ₹50 L are routinely sanctioned for ISB without collateral due to the school's placement record and Triple Crown accreditation. Major lenders: SBI Scholar Loan, HDFC Credila, Axis, ICICI, Avanse, Auxilo, and Prodigy Finance (for international students).
Typical rates 8.5-11.5%, with moratorium during the programme + 6-12 months post-graduation. The deferral deposit (₹2 L paid at offer acceptance) is set off against the final payable amount.
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