Monday, April 30, 2012

Considering an MBA from ISB? Check out the fee structure.

Renowned amongst the leading B-Schools in India and abroad, ISB stands tall in the city of Hyderabad. The Indian School of Business, better known as ISB, Hyderabad ranks No. 20 in the Global Top MBA Ranking by Financial Times. It is extremely popular among MBA aspirants for its Post Graduate Programme (PGP). Stressing upon the importance of globalization, ISB Hyderabad provides best international exposure by imparting cutting-edge methodologies to its students.

ISB is a premiere B-School that has successfully managed to get an accreditation from the Association to Advance Collegiate Schools of Business (AACSB). Just 5% of world’s B-Schools have managed to get this accreditation. It shows the institute’s high standard of education to shape the future of next generation managers. ISB offers various grants and loans to students to help them to fund their studies. It also offers corporate-funded scholarships to students to provide them financial help.

Fee Structure of ISB


Expenditure Titles Shared Accommodation Studio Accommodation
Admission Fee – non refundable 2,00,000 2,00,000
Tuition Fees-Payable on or before the date of registration 16,50,000 16,50,000
Living Fees 1,60,000 2,65,000
Onetime fee for ISB Alumni for use of ISB Library & Recreation Centre 3000/td> 3000
Total Fees 2,013,000 2,118,000
Less: Single Payment Discount

Net Fees Payable 2,013,000 2,118,000
Service Tax at prevailing rate (Present rate 10.3%) *3 207,339 218,514
Total Fees 2,220,339 2,336,514
ISB Alumni Association Membership Fee 7,000 7,000
Interest free Refundable Security Deposit 15,000 15,000

Other Expenses:


Books 20,000
Laptop 50,000
Meal Plans 60,000
Total: 1,30,000

Other than the above-mentioned expenditures, students at ISB need to bear a few more expenses, including medical insurance, which is mandatory at the time of admission. Besides, opting for the International Exchange Programme also demands an extra expenditure and largely depends upon the school you choose abroad. Approximately the exchange program expenditure varies from USD 6000 to USD 10000.

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