Indian School of Business (ISB) – Courses, Fees, Admissions & Eligibility in 2023

The Indian School of Business (ISB) is one of the top B-schools in India which offer management education that is comparable to the business schools globally. It has campuses in Hyderabad and Mohali, however, some programs are also offered at various locations in India. 

ISB has 32nd rank (No.1 in India) in the Financial Times Global MBA ranking 2023. The faculty at ISB serve their best potential which gives the finest industry exposure to the students. 

The full-time one-year MBA program (PGP) at ISB is well known for its credibility. There are three modes of entry to the PGP program.

1. PGP regular applicants
2. Young Leaders Program (YLP)
3. Early Entry Option (EEO)

We will discuss in detail the deferred entry to the PGP program in the further sections.

Apart from this full-time Post Graduate Programme (PGP), ISB also offers 

1. PGPPRO – Post Graduate Programme in management for mid level working professionals
2. PGPMAX – Post Graduate Programme in management for senior executives
3. PGP MFAB – Post Graduate Programme in management for family business

Before discussing each of these programs in detail, let us understand the difference between the various Post Graduate Programs at ISB.

Comparison of ISB PGP courses

	PGP	PGPPRO	PGPMAX	PGPMFAB
What is it?	Post Graduate Programme in Management  (Full-time MBA program for professionals)	Post Graduate Programme in management for working professionals	Post Graduate Programme in management for senior executives	Post Graduate Programme in management for family business
Type of the program	Full-time residential MBA program	Hybrid executive MBA program	Hybrid executive MBA program	Comprehensive general management program
Classroom component	Full time residential	One-week residency at the starting and end of the program at one of the campuses. Online weekend classes.	One week class every 6th week at one of the campuses. 2 international immersions	One week class every 6th week at one of the campuses. 2 international immersions
Who can apply?	Working professionals with 2-20 years of full-time work experience	Working professionals with 5+ years of work experience	Senior executive who have 10-25 years of work experience	Next generation family business owners with 0-5 years of work experience
Academic qualification	Bachelors or equivalent degree	Bachelor’s degree or equivalent qualification	Bachelor’s degree or equivalent qualification	Bachelor’s degree or equivalent qualification
Test required	GMAT/GRE score TOFEL/PTE/IELTS (if medium of instruction was not English)	Not applicable	Not applicable	Business Admission Test (BAT)
Duration	12 months	18 months	15 months	15 months
Location	Hyderabad or Mohaliwith International Exchange Programme	Hyderabad or Delhi or Mumbai or Bengaluru	Hyderabad or Mohali	Hyderabad or Mohaliwith two International Immersion Programme
Application fee ( in INR)	Round 1- 5000 Round 2 & 3 – 7500	Round 1 – 5000 Round 2 & 3 – 5000	Round 1 – 10000 Round 2 – 15000	Round 1 – 15000  Round 2 – 15000

ISB Post Graduate Programme (PGP) – Full-time MBA 

PGP is a one-year full-time residential MBA program offered at Hyderabad and Mohali campuses. It is for young professionals with a minimum of 2 years of full-time work experience. 

You will be able to enhance your business management skills through cutting-edge research and world-class faculty guidance.

Looking to join the one-year MBA program but don’t have the required work experience? Get out of the pressure of waiting by applying to the deferred modes of entry to the PGP program.

There are three modes of entry to the PGP program.

• PGP regular applicants
• Young Leaders Program (YLP)
• Early Entry Option (EEO)

You will attend the same PGP class irrespective of the mode of entry.

The admission process of EEO and PGP regular applicants is the same. However, YLP follows a different admission process. YLP Program at ISB, in this article you can find detailed information on the admission process of YLP.

Let’s understand the difference between YLP, EEO, and PGP (regular applicants) before discussing further.

	Young Leaders Program (YLP)	Early Entry Option (EEO)	PGP (regular applicants)
Who can apply?	College students	Recent graduates	Young professionals
When can you apply?	Pre-final or final year of graduation	After graduation when you have less than 2 years of full-time work experience by PGP class start date of the respective year.	When you have minimum of 2 years of full-time work experience
Application process	There are three stages of the application process. You have to go through all the 3 stages to get an admit to YLP.	The application process of EEO is the same as that of regular applicants of the PGP program.	The application process has 3 rounds, usually starting in September and ending in March.
Where will it take you?	After you secure an admit to YLP, you will join the PGP class once you gain 20 months of full-time work experience.	After you secure an admit to EEO, you will join the PGP class once you have 24 months of full-time work experience.	After you secure an admit, you will attend the one-year full-time MBA program at ISB.

Let’s discuss the learning goals of ISB PGP. This will give you an idea of what you can expect by joining ISB and how it will help you to build your career moving forward.

Learning objectives of ISB PGP

• Interpersonal awareness and working in teams
• Critical and integrative thinking
• Awareness of global issues affecting business
• Effective communication
• Ethical responsibility

ISB One year MBA – Eligibility criteria and requirements

You can enter the flagship one-year MBA program (PGP) through any one of the three modes based on your eligibility criteria.

• PGP
  1. Bachelor’s degree or equivalent qualification
  2. GMAT/GRE test score
  3. Minimum 24 months of full time work experience

• YLP
  1. Pre-final or final year college student
  2. GMAT/GRE test core

• EEO
  1. Bachelor’s degree or equivalent
  2. GMAT/GRE test score
  3. Less than 2 years of full time work experience

ISB PGP 2023 Class Profile

• Class size - 843
• Work experience

Work experience	Number of candidates
Upto 3 years	211
3 to 5 years	358
5 to 8 years	224
8 years and above	50

• Average GMAT - 720
• Average GRE - 328
• Gender diversity
  • 63% male
  • 37% female

ISB Placements

The placement process starts with one-on-one interaction sessions with the alums from various industries during the first term. Followed by which you will have resume review workshops and mock interviews as you near placements. All over the year, you will have industry overview, profile building workshops conducted by the Learning and Development (L&D) team at SEAL. 

You will have an integrated placement process for both the campuses (Hyderabad and Mohali) for a duration of four months. It starts with job postings and on-campus presentations and you will get an opportunity also to know about the global recruiting companies.

Check this article, ISB Placements to understand what will be the ROI of the ISB PGP program, salary trends, and the number of offers given by different sectors.

ISB Fees for PGP

Let's check the fee structure of the one-year full-time MBA program (PGP) at ISB. You can pay the fees either in one installment or two installments. You will be charged an interest of 6% if you prefer to pay in two installments.

The ISB fee for the PGP program is INR 33,14,620 (including GST, tuition fee, and admission fee) for shared accommodation and INR 34,26,720 (including GST, tuition fee, and admission fee) for studio accommodation.

Here is the breakdown of the ISB fees for the PGP program.

ISB Fees for PGP class of 2023

Particulars	Shared Accommodation (in INR)	Studio Accommodation (in INR)
ADMISSION FEE
Admission Fee (non-refundable)*	2,50,000	2,50,000
Tax @ 18%	45,000	45,000
Total (Payable at the time of accepting the offer of admission)	2,95,000	2,95,000
TUITION & OTHER COSTS
Tuition Fee	25,52,000	25,52,000
Campus Accommodation	2,17,000	3,12,000
One time contribution for use of ISB library & recreation center	15,000	15,000
Subtotal	27,84,000	28,79,000
GST @ 18%	5,01,120	5,18,220
Alumni Association Membership Deposit + GST (transferable to Alumni association fund upon graduation)	25,000 + 4500	25,000 + 4500
Total Fees Payable (inclusive of taxes)	33,14,620	34,26,720
OTHER EXPENSES
Security Deposit (Interest-free, refundable at the end of the academic year)	20,000	20,000

ISB PGP Scholarship 

By default, you will be considered for a merit scholarship once you apply. You will not receive the scholarship directly instead it will be adjusted in the tuition fee. You can avail only one scholarship. Scholarships at ISB, in this article you can find more details about the scholarships offered at ISB.

ISB PGP Application deadline

Application deadline for the ISB PGP program 

	Round 1	Round 2	Round 3
Application Deadline	September 10, 2023	December 3, 2023	January 2024 (TBA)
Interview Timelines	October through November (TBA)	December through February (TBA)	January through March (TBA)
Final Results	November 2023 (TBA)	February 2024 (TBA)	March 2024 (TBA)
Acceptance Due Date	15 days post offer date	10 days post offer date	5 days post offer date
Fee Payment Date (Tentative)	March 9, 2024	March 9, 2024	March 9, 2024
Course Commencement date  (Tentative)	April 2, 2024	April 2, 2024	April 2, 2024

You can apply at any of the 3 rounds to enter the full-time MBA program (PGP). The EEO program also follows the same application process. 

Applying in any round does not affect the chances of getting an admit at ISB. But if you are an ISB aspirant and you have a strong academic, extracurricular or professional experience profile, then it is advisable to apply in Round 1 which reduces the stress of waiting till the end.

The admission process of the YLP program happens in 3 stages. Each applicant has to apply at stage 1 and go through the entire process to get an admit to the YLP program. For more information check this article, YLP Program at ISB.

It is not just applying before the deadline, it is how qualitative your profile is. Addled how to create a well-rounded profile? We are here to help you. Contact us for professional guidance.

ISB PGP Application Fee

You have to pay the non-refundable application fee when you submit your online application.

The below table provides the application fee details of PGP (Full-time program)

	Round 1	Round 2	Round 3
First time applicants	INR 5000	INR 7500	INR 7500
Re-applicants	INR 2500	INR 2500	INR 2500

The application fee for the YLP program at stage 1 is INR 3000.

ISB PGP Application Process

The application process is the first and most important step. You have to fill out and submit the application online. Make sure you fill in all the details correctly before submitting. You have to fill out these 8 important steps in the application form.

1. Personal information
2. Academic details
3. Professional experience
4. Achievements and awards
5. GMAT/GRE score
6. 3 Essays - Topics for ISB admission 2023

• Essay 1: Provide an honest portrayal of yourself, emphasizing your strengths and weaknesses. Highlight the key elements that have shaped your personal journey. Give relevant illustrations as needed. (400 words)

• Essay 2: Contemplate two distinct situations – one where you experienced success and another where you faced failure. Delve into the personal and interpersonal lessons you learned from these instances. (400 words)
  
• Essay 3: Given your previous experience and future aspirations, how do you plan to use the PGP at ISB to fulfil your professional goals? (250 words)

ISB PGP Essay Analysis 2023, in this article we have shared the essay analysis along with tips from Sanjay Dhingra, Ex Admission Officer at ISB, Chief Mentor & Managing Partner of ISBmantra.

7. Recommendation letter
8. Declaration

ISB PGP Selection Criteria

Once applied, your profile is evaluated based on the following criteria

1. Academic credentials : Your class 12 grades, graduation and post graduation grades (if applicable) along with GMAT/GRE score is considered.

2. Leadership quality : Your ability to handle responsibilities is evaluated based on your past professional and personal life experience. Letter of recommendation plays an important role in this selection process.

3. Personal attributes : Your extracurricular activities which can contribute to positive impact to the organization is evaluated.

ISB PGPPRO - Post Graduate Programme in management for working professionals

PGPPRO is a global executive program designed for mid-career working professionals to gain strategy and leadership insights. It helps you to meet your career consolidation goals.

The program starts with a one-week residency at either of the campuses in Hyderabad or Mohali. Following that, you will have online weekend classes on Friday and/or Saturday. Finally, you will have another week of classes at one of the campuses.

You will also have one week of International residency while pursuing the program. 

Learning outcomes of the program 

• Leadership skills
• Integrated thinking
• Global awareness
• Ethical responsibility 

Now that you know what PGPPRO is, let's discuss more about it.

ISB PGPPRO - Eligibility criteria and requirements

PGPPRO is for working professionals with 5+ years of experience across functional domains from various industries like the public sector, private sector, NGOs, mid-size companies.

You will not be eligible for admission to this program if you have less than 5 years of experience as of 1st January 2023 for the Bengaluru and Mumbai locations and as of 1st July 2023 for the Delhi and Hyderabad locations.

No test is required to secure an admit to this programme. However, you need to have a Bachelor’s degree or equivalent qualification.

ISB PGPPRO - Application deadline

Application deadline for PGPPro at ISB 

	Program Location	Round 1	Round 2
PGPPRO	Mumbai & Bangalore	July 31, 2023	September 25, 2023 (Tentative)
PGPPRO	Hyderabad & Delhi	Jan 29, 2024 (Tentaive)	April 02, 2023 (Tentative)

ISB PGPPRO - Application fee

You have to pay the non-refundable application fee of INR 5000 when you submit the application. 

The application fee is the same for all the locations (Mumbai, Bangalore, Hyderabad, and Delhi).

ISB PGPPRO - Application Process

You have to fill and submit the application online - Apply for PGPpro . Make sure you save and review each section before submitting it. You have to scan and submit the following documents along with the application.

1. Academic certificates
   • Bachelor's degree certificate
   • Marksheet or Transcripts of class 12th and all semesters

2. Passport (first and last page)
3. Color photograph

You also have to submit professional evaluations in prescribed format from the recent previous manager. If you are self-employed you must get the evaluation from your customers or vendors. 

ISB PGPPRO - Selection Criteria

The admission process is selective and only high potential applicants will be chosen.

The application is evaluated based on

• Academic credentials
• Personal qualifications
• Professional attributes
• Interview performance

ISB Fees for PGPPro

The ISB fee for the PGPPro programme is INR 30,46,000 + GST which includes admission fee, tuition fee, course materials, security deposit, and boarding & lodging fee for the campus residency (during the starting and end of the program). You can pay it in a single installment or four installments.

Here is the detailed configuration of the fee structure

Particulars	Amount (INR)
Admission fee	3,00,000
Tuition fee	26,86,000
Alumni fund contribution	25,000
Security deposit (Refundable)	20,000
Library and recreation center lifetime access fee	15,000
Total	30,46,000

ISB PGPPRO - Scholarship

You can avail scholarships upto 50% of the tuition fees if eligible. The scholarship committee will consider your application based on certain criteria.

To apply for the scholarship, you need to specify your interest in the application along with a scholarship essay not longer than 250 words mentioning how you meet the scholarship criteria, what will be your contribution to the program and why you should be awarded a scholarship.

ISB PGPPRO - Career services

Through this programme you will get guidance to achieve your goal by yourself. They will prepare you by  

• Aligning your skills to aspirations
• Providing clarity of career options
• Developing soft skills
• Smarter networking
• Profile building

ISB PGPPRO - check this article for a complete guide and essay analysis of PGPPRO.

ISB PGPMAX - Post Graduate Programme in management for senior executives

PGPMAX is a global executive MBA program for senior executives and business owners. It is the only executive MBA program in India to be ranked in The Economist’s Executive MBA ranking. It is a great opportunity for professionals to pursue an executive MBA with minimal work interruption.

You will have one week class every 6th week at the Hyderabad or Mohali campus based on the week’s schedule. You will have ten modules in India and two modules in International immersions.

Learning outcomes of the program 

• Improve your existing skills
• Better knowledge of their niche
• Exposure to the latest development in their industry 
• Ability to take up greater responsibility

ISB PGPMAX - Eligibility criteria and requirements

PGPMAX is for senior executives and business owners who have 10-25 years of work experience.  

No test is required to secure an admit to this programme. However, you need to have a Bachelor’s degree or equivalent qualification.

You should have a minimum of 10 years of full-time work experience as on the programme start date. 

ISB PGPMAX - Application deadline

Application deadlines for the PGPMAX at ISB

ISB PGPMAX - Application fee

The application fee for the PGPMAX program is as below

Program	Round 1	Round 2
PGPMAX	INR 10,000	INR 15,000

ISB PGPMAX - Application Process

You need to submit the application online. The application for the academic year 2022-2023 PGP MAX program is open. Apply now (PGP MAX 2022)

You need to scan and submit the following documents along with the application

• Color photograph
• Updated resume
• Passport photocopy (first and last page)
• Bachelor’s degree certificate
• Certificates of additional education (if applicable)
• Marksheet or transcripts of Bachelor’s degree and additional education (if applicable)
• Proof of income
• Business card
• Two professional references
• Organization chart

You also need to provide a letter of recommendation and a consent letter (not needed if self-employed) from the employer.

ISB PGPMAX - Selection Criteria

You will be selected for the PGPMAX programme based on the quality of your application and interview performance.

Your profile will be evaluated based on the following criteria

1. Leadership qualities
2. Personal attributes
3. Professional experience
4. Communication skills
5. Likelihood of benefiting from the program
6. Motivation to participate in the program

ISB Fees for PGPMax

The ISB fee for the PGPMax programme is INR 39,63,000 + GST which includes admission fee, tuition fee, course materials, boarding, and lodging fee. You can pay it in a single installment or four installments.

Here is the detailed configuration of the fee structure

Particulars	Amount (INR)
Admission fee	3,00,000
Tuition fee	36,63,000
Subtotal	39,63,000
Alumni fund contribution	25,000
Security deposit (Refundable)	20,000
Library and recreation center lifetime access fee	15,000

ISB PGPMAX - Scholarship

You can avail up to 25% scholarship if your profile meets the required criteria. Check this article, ISB scholarships for more information. 

ISB PGPMAX - check this article for a complete guide of PGPMAX.

ISB PGP MFAB - Post Graduate Programme in management for family business

ISB’s Management Program for Family Business (MFAB) is designed to upskill and train young leaders who intend to manage their family businesses.

The program duration is 15 months. Classes are conducted for about 7 days, every 6th week, enabling the participants to strike the right balance between learning and application.

Learning outcomes of the program 

• Global awareness
• Ethical responsibility
• Leadership skills
• Creative thinking

ISB MFAB - Eligibility criteria and requirements

To enroll in the PGP MFAB program you should possess the following criteria

• Bachelor’s degree or equivalent qualification
• Work experience is not mandatory. However, having experience of 2-3 years adds value to your profile
• You should be a member of family business with an intend to carry it forward
• You should attend the Business Admission Test (BAT) at the final stage of admission.

ISB MFAB - Application deadline

Program	Location	Round 1	Round 2
PGPMFAB	Hyderabad, Mohali	November 5, 2023	March 19, 2024 (Tentative)

ISB MFAB - Application fee

Program	Round 1	Round 2
PGPMFAB	INR 15,000	INR 15,000

ISB MFAB - Application Process

You have to submit the application online along with the scanned copy of the following documents

• Color photograph
• Passport photocopy (first and last page)
• 12th marksheet or transcript
• Marksheet or transcripts of Bachelor’s degree and additional education (if applicable)
• Bachelor’s degree certificate
• Certificates of additional education (if applicable)
• Business card

Apply now for the August 2022 intake of the PGP MFAB program at ISB.

ISB MFAB - Selection Criteria

Your profile will be evaluated based on the following criteria

1. Knowledge of family business
2. Business leadership potential
3. Inclination towards achievement
4. Legacy of business
5. Academic performance
6. BAT performance
7. Professional experience
8. Interview performance

ISB Fees for MFAB

The ISB fee for the MFAB programme is INR 41,98,000 which includes admission fee, tuition fee, and other resources. Here is the breakdown of the fee structure:

Particulars	Amount (INR)
Admission fee	3,00,000
Tuition fee	38,98,000
Subtotal	41,98,000
Alumni fund contribution	25,000
Security deposit (Refundable)	20,000
Library and recreation center lifetime access fee	15,000

ISB MFAB - check this article for more details and essay analysis of ISB MFAB.

Advanced Management Programs (AMP)

ISB also offers Advanced Management Programs (AMP) for business professionals from various industries. All these programs are offered at Hyderabad and/or Mohali campuses. 

There are five different courses in AMP offered at ISB

1. AMPBA - Advanced Management Programme in Business Analytics 
2. AMPH - Advanced Management Programme for Healthcare 
3. AMPI - Advanced Management Programme for Infrastructure 
4. AMPOS - Advanced Management Programme in Operations and Supply Chain 
5. AMPPP - Advanced Management Programme in Public Policy 

ISB AMPBA is a flagship programme in data science. With the increase in demand for data science and analytics in recent years, pursuing this programme will add a prominent value to your profile if you aspire to possess a career in the respective field.

Before discussing further, let us understand the difference between various AMP programs offered at ISB.

ISB AMP programs

	AMPBA	AMPH	AMPI	AMPOS	AMPPP
What is it?	Advanced Management Programme in Business Analytics	Advanced Management Programme for Healthcare	Advanced Management Programme for Infrastructure	Advanced Management Programme in Operations and Supply Chain	Advanced Management Programme in Public Policy
Type of program	Hybrid learning program - A combination of classroom-based learning and online learning	Combination of an online and residential program [you will be attending the session for 9 days every quarter at the campus]	Part-time executive program	Modular program with four residencies delivered through online and offline classes	Hybrid learning program - A combination of classroom-based learning and online learning
Who is it for?	Business professionals aiming for a career in business analytics	Mid and senior executives from healthcare delivery industry	Mid and senior-level managers from civil services, private sectors, armed forces, entrepreneurs, and consultants	Managers in the manufacturing and operations sector	Mid-senior level managers from public sector organizations
Work experience	2+ years	5+ years	5+ years	5+ years	5+ years
Duration	15 months + pre-term	12 months	12 months	12 months	12 months
Location	Hyderabad or Mohali	Hyderabad & Mohali	Hyderabad & Mohali	Hyderabad & Mohali	Hyderabad & Mohali