Masters' Union Fees 2026: ₹35.97L Total — Breakdown & Scholarships

Masters' Union Fees 2026 — PGP TBM Cost and ROI

Masters' Union's flagship PGP in Technology and Business Management (PGP TBM) total fees are approximately ₹35.97 lakh for the 16-month full-time residential programme. The 24-month Young Leaders Cohort (for freshers) is approximately ₹37-38 lakh. Both fees cover tuition, residential charges, on-campus learning infrastructure, industry immersions, and CXO-led pedagogy.

Note: Masters' Union does not publish fees in its public brochure. Figures above are based on the most recently published rates and may have changed for 2026-27 — confirm exact pricing on mastersunion.org before applying.

Fee Comparison vs Other Premium MBAs

Programme	Duration	Total Fees
Masters' Union PGP TBM	16-month	~₹35.97 L
ISB Hyderabad PGP (shared accom)	12-month	~₹45 L
ISB Hyderabad PGP (studio)	12-month	~₹49 L
IIM A/B/C	2-year	₹25-27.5 L
XLRI Jamshedpur	2-year	₹27.5 L
SPJIMR Mumbai	2-year	₹22.5 L
FMS Delhi (Govt subsidised)	2-year	₹2.43 L

Masters' Union sits between IIM-tier (₹25-27 L) and ISB (~₹45 L) on cost, with a 16-month duration midway between IIM's 2 years and ISB's 1 year. Per-month cost is comparable to IIM A/B/C.

What's Included

16 months of full-time residential education at the DLF Cyberpark Gurgaon campus
CXO-led + practitioner-led teaching (~80% of sessions)
Live consulting projects (FOCOS practicums) with industry sponsors
"Dropshipping Revenue Course" — students operate real e-commerce stores
Product Practicums, Marketing Analytics workshops, Statistics labs
Career services: mock interviews, Career Prep, "GetPrepped" mentorship from BCG/McKinsey/Bain alumni
Access to 64 campus drives including international (Abu Dhabi)
Industry immersions, study treks, case competitions
MU Ventures incubator access for would-be founders

Masters' Union ROI

Class of 2025 (audited by B2K Analytics, the same firm that audits IIM Ahmedabad) placed at ₹33.39 LPA average CTC with median ₹27.78 L, highest ₹1.28 Cr, and 4 offers above ₹1 Cr. Top 25% averaged ₹54.80 L.

With pre-MBA average CTC of ₹11.8 L, that's a ~183% jump. Payback period for the median student: ~2-3 years post-graduation. For international placements (₹64 LPA avg, ~18.5% of cohort placed abroad), ROI is even stronger.

Scholarships and Financial Aid

Scholarship Type	Amount	Eligibility
Merit Scholarships	up to ₹15 L	top candidates
Need-Based Scholarships	up to ₹10 L	family income < ₹10 L
Diversity Scholarships (women)	up to ₹8 L	women applicants
Diversity Scholarships (regional)	up to ₹5 L	regional diversity
Founder Scholarships	—	demonstrated entrepreneurs

Education loans up to ₹40-50 L are routinely sanctioned via SBI, HDFC Credila, Axis, ICICI, Auxilo, InCred, and Avanse.

Why the Premium Cost?

Masters' Union's positioning is "CXO-led, not professor-led" — ~80% of teaching is delivered by sitting CXOs, founders, and senior practitioners from McKinsey, BCG, Bain, Bloomberg, Google, Meta, Microsoft, and ISB-trained operators. This faculty model is more expensive than full-time academic faculty but delivers immediate industry application.

The trade-off: the school is only 5 years old (founded 2020), so brand equity is still being built — less of a "default safe choice" than IIM A/B/C, but higher upside if you target tech/startup/strategic roles where the new-economy company-mix shines.