ISB PGP · Fees and Financing · 2026-27 Intake
The ISB PGP tuition for 2026-27 is INR 25,62,000. Accommodation and living add roughly INR 5 lakh. Between 40 and 50 percent of the class receives scholarship support. This guide covers every cost line, every scholarship programme, and the loan options most Indian students actually use.
Sources: official ISB PGP Fees and Scholarships, ISB PGP YL Financial Aid page, and ISB Educational Loans page. Last verified April 2026.
Get a free ISB profile evaluation →Figures below are in Indian Rupees, 2026-27 academic year. GST applicable on certain components. Accommodation and food estimates are based on recent ISB published figures and may vary.
Between 40 and 50 percent of each PGP class receives scholarship support in some form. ISB evaluates every admitted applicant for merit scholarships automatically. Need-based applications are submitted separately after admission.
Automatically considered. ISB evaluates your full application (academic record, test scores, essays, recommendations, accomplishments, interview performance) and awards merit scholarships ranging from 15 percent to 100 percent of tuition for the strongest applicants. A meaningful chunk of the top 10 to 15 percent of each class receives some merit scholarship.
Application: no separate application required, you are automatically considered.
For applicants where family income is the limiting factor. Two tiers:
Application: separate application with income documentation after admission.
ISB maintains specific scholarships for diversity, women applicants, applicants from under-represented professional backgrounds, and applicants demonstrating exceptional non-academic accomplishments. A number of these programmes also cover accommodation and meals in addition to tuition, making them effectively full-cost scholarships.
ISB has active partnerships with major Indian banks for education loans. The common features across these partnerships are collateral-free loans up to the full programme cost, no prepayment or foreclosure charges, repayment tenure of up to 15 years, a moratorium period covering the programme year plus grace, and Section 80E tax benefit on interest paid post-graduation.
Largest private education loan lender in India. Fast processing. Typical interest rate 9.5 to 11 percent for ISB admits.
Public sector option. Slightly slower processing but lowest interest rates, typically 9.5 to 10.5 percent.
Private bank partnership. Competitive rates with faster turnaround than public sector.
Specialist education lender. Collateral-free up to programme cost. Rates typically 10.5 to 11.5 percent.
Private bank with competitive terms for ISB admits. Check current rates at application time.
Public sector option with lower rates for ISB admits via institutional tie-up.
Interest rate ranges are approximate and should be verified with each bank at the time of loan application. Loan terms change annually.
If you are self-funded and take a loan: INR 30 lakh programme cost plus roughly INR 22 lakh in interest over 10 years at a 10 percent rate, so about INR 52 lakh in total cash outflow for tuition and loan servicing. Add opportunity cost (one year of foregone salary, typically INR 15 to 25 lakh for working professionals coming in), and the full economic cost lands between INR 65 and 80 lakh.
The ISB placement report shows average post-graduation CTCs in the INR 34 to 36 lakh range. The median salary jump (pre-MBA to post-MBA) for Indian applicants at ISB typically sits between 60 and 100 percent. For applicants coming from INR 15 lakh pre-MBA salaries, post-MBA roles in the INR 25 to 30 lakh base range are common, with total comp including bonuses often higher.
The honest ROI window is between 5 and 8 years for most self-funded Indian applicants. Scholarship recipients see payback windows closer to 2 to 4 years. Applicants who pursue ISB primarily for the network and brand (rather than for an immediate salary jump) often rationalise the investment on longer-horizon career optionality, which is legitimate but harder to quantify.
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The ISB PGP tuition fee for the 2026-27 academic year is INR 25,62,000 plus applicable taxes. This covers admission fees, tuition, commitment fees, and course materials. Accommodation, meals, laptop, and miscellaneous expenses add roughly INR 5 to 6 lakh on top, taking the all-in cost to around INR 30 to 31 lakh for the one-year programme.
ISB offers three main types of scholarships: merit-based scholarships covering up to 100 percent of tuition for exceptional candidates, need-cum-merit scholarships covering up to 100 percent for applicants with family income up to INR 8 lakh per year and up to 75 percent for family income up to INR 20 lakh, and special targeted scholarships (diversity, women, under-represented backgrounds). Approximately 40 to 50 percent of a given PGP class receives some form of scholarship support.
ISB has tie-ups with multiple Indian banks including HDFC Credila, SBI, ICICI Bank, and Avanse Education Finance. Key features of ISB education loans include: collateral-free loans for eligible applicants, no prepayment or foreclosure charges, repayment tenure up to 15 years, moratorium period during the programme plus grace period, and 100 percent tax benefit on interest paid under Section 80E of the Income Tax Act. Interest rates typically range between 9.5 and 11.5 percent depending on bank and applicant profile.
Self-funded total cost for 2026-27 is roughly INR 30 to 31 lakh covering tuition, accommodation, and living. If you take a typical education loan at 10 percent interest repaid over 10 years post-graduation, the total repayment cost lands between INR 50 and 55 lakh. Factor in opportunity cost (one year of foregone salary, typically INR 15 to 25 lakh for working professionals), and the true economic cost of the ISB PGP is INR 60 to 80 lakh for most Indian applicants.
Yes. The PGP Young Leaders Programme (PGP YL) is designed for undergraduates and early-career applicants with 0 to 24 months of work experience. It is structured as a deferred admission programme: you apply during your undergrad, secure the admit, gain 20 to 36 months of work experience, then matriculate. The PGP YL cohort receives the same degree as the regular PGP. Scholarship availability is comparable. This is a different application process with its own deadlines.
ISB announces scholarship decisions along with admission offers. You do not need to submit a separate scholarship application. The admissions committee evaluates every applicant for merit scholarship consideration based on the submitted application. For need-based scholarships, you submit financial documentation once you receive the admit. Decisions for need-based awards typically come within 30 to 45 days of admit acceptance.
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