The Indian School of Business (ISB) is one of the world's most prestigious business schools, ranked #12 globally and #1 in India by the Financial Times Global MBA Ranking 2026. With two state-of-the-art campuses in Hyderabad and Mohali, ISB offers a transformative educational experience grounded in academic rigour, global perspectives, and real-world application. Home to 70+ resident and 200+ visiting faculty, 17,000+ alumni, and 800+ CXO-level leaders, ISB prepares the next generation of business leaders for India and the world.
The fee structure at ISB varies by programme. Fees are subject to GST at 18% and are payable as per the schedule mentioned in the offer letter. ISB offers a comprehensive range of scholarships and financial aid options. Approximately 25% of PGP students receive financial support each year, with full tuition aid available for those with significant financial need. Education loans are also available through partner banks and financial institutions.
Category | PGP | PGP YL |
Tuition Fee | ₹25,62,000 | ₹18,65,000 |
Accommodation Fee | ₹2,34,000 shared or ₹5,16,000 studio per annum | ₹3,95,000 |
Admission Fee | ₹3,00,000 + 18 percent GST partially refundable | ₹2,00,000 + 18 percent GST partially refundable |
Commitment Fee | ₹2,00,000 + 18 percent GST non refundable | ₹1,00,000 + 18 percent GST non refundable |
Security Deposit | ₹20,000 refundable | ₹20,000 refundable |
Grand Total approx. | ₹38,67,160 shared or ₹42,42,040 studio | ₹29,69,700 |
Books | Approx. ₹20,000 per annum | Approx. ₹20,000 per annum |
Laptop | Approx. ₹50,000 | Approx. ₹50,000 |
Meal Plans | Approx. ₹75,000 per annum | Approx. ₹75,000 per annum |
Other Expenses | Approx. ₹50,000 per annum | Approx. ₹50,000 per annum |
International Programme | Approx. ₹4,50,000 if opted | Approx. ₹4,50,000 if opted |
Total Approx. Cost | ₹39,50,000 to ₹45,00,000 | ₹30,50,000 to ₹34,00,000 |
Category | Amount |
Tuition Fee | 100 percent waiver for full-time students |
Monthly Stipend | ₹65,000 per month |
Additional House Rent Stipend | ₹25,000 per month if on-campus accommodation unavailable |
On-Campus Accommodation | Free shared for unmarried or studio for married students |
Medical Insurance | Covered for student spouse and up to 2 children |
Duration of Financial Aid | Up to 5 years based on satisfactory performance |
Total Value of Financial Support | Approx. ₹45,00,000 to ₹60,00,000 over 5 years including stipend accommodation and benefits |
All fees subject to GST at applicable rates at time of payment. Interest at 6 percent applicable on second instalment for PGP YL. |
Source: https://www.isb.edu/programmes
The Indian School of Business offers a range of postgraduate and doctoral programmes across its two campuses in Hyderabad and Mohali. All programmes are designed to combine academic rigour with real-world application, global perspectives, and leadership development.
Please note: The programmes that are listed below are those which specifically accept GMAT as an entrance exam. ISB offers additional programmes beyond those listed here. Please visit the official ISB website for the complete list.
|
Programme |
Duration |
Location |
Work Experience |
Entrance Exam |
|
Post Graduate Programme in Management- PGP |
12 Months |
Hyderabad and Mohali |
24+ months |
GMAT or GRE |
|
Post Graduate Programme in Management for Young Leaders -PGP YL |
24 Months |
Hyderabad and Mohali |
Maximum 24 months |
GMAT or GRE or CAT |
|
Fellow Programme in Management- FPM |
5 Years |
Hyderabad and Mohali |
Not mandatory |
GMAT or GRE or CAT or GATE or JRF |
Source: https://www.isb.edu/programmes
Research at ISB bridges academic rigour with real-world impact, generating actionable insights that address complex business challenges across industries and sectors. With 70+ resident faculty, 890+ publications, and 50+ active grants, ISB is ranked among the top research-productive institutions in India. Faculty collaborate across disciplines and with global partners on issues ranging from leadership development to technological innovation and sustainable growth, supported by five specialised research centres and institutes.
ISB operates across two state-of-the-art campuses in Hyderabad and Mohali, each offering a self-contained, immersive residential experience. Both campuses are designed to foster learning, collaboration, and community — bringing together a diverse cohort of students, global faculty, and industry leaders in an environment that goes well beyond the classroom. From professional clubs and social societies to sports and cultural events, life at ISB is as enriching outside the lecture hall as it is within.
Spanning 260 acres of natural beauty, the Hyderabad campus preserves rock formations and lush greenery alongside elegant academic buildings. The academic centre features lecture halls, classrooms, faculty offices, a learning resource centre, and a 400-seat auditorium.
Designed by Perkins Eastman, the 70-acre Mohali campus follows LEED Gold standards and combines modern architecture with Indian art and green spaces. All amenities are within a 10-minute walk, with full Wi-Fi connectivity and a 500-seat auditorium.
Student-run professional clubs cover Consulting, Finance, Business Analytics, Entrepreneurship and Venture Capital, and Business Technology — bridging classroom learning with real-world industry engagement through speaker sessions, competitions, and workshops.
From the Arts and Creativity Club and Dance Club to the Music and Photography clubs, ISB's social clubs ensure students have a vibrant platform for expression, networking, and holistic growth throughout the programme.
The Net Impact Club, Women in Business Club, and Senior Executive Club foster social responsibility, diversity, and leadership development — preparing students for high-impact roles in business and society.
ISB follows a round-based admissions process for all programmes. It is advisable to apply as early as possible, as scholarship decisions are made alongside admission decisions. All applications must be submitted online through the official ISB admissions portal. Incomplete applications submitted in earlier rounds will be evaluated in subsequent rounds once completed.
Round | PGP Deadline | PGP YL Deadline |
Round 1 | N/A | 14th December 2025 |
Round 2 | 7th December 2025 | 22nd February 2026 |
Round 3 | 25th January 2026 | N/A |
Final Round | 20th September 2026 | N/A |
Stage | Date |
Application Opens | 15th October 2025 |
Application Closes | 30th January 2026 |
FPM Interviews | March 2026 |
FPM Offers | April 2026 |
Programme Commences | 1st week of August 2026 |
Source: https://www.isb.edu/programmes
Applying to ISB is a structured, multi-stage process conducted entirely online. Here is a step-by-step guide to help you navigate your application journey.

Identify the ISB programme that best aligns with your career goals and work experience — PGP for experienced professionals, PGP YL for early-career candidates, or FPM for those pursuing a career in research and academia.
Ensure you meet the programme-specific requirements — a bachelor's degree from a recognised institution, minimum work experience criteria, and a valid GMAT, GRE, or CAT score depending on the programme you are applying to.

Take the GMAT, GRE, or CAT depending on your chosen programme. Ensure your score is within the valid five-year window from the application deadline. Official scores must be sent directly to ISB through the respective testing portals.
Register on the official ISB admissions portal and complete your application — including academic transcripts, professional experience, essays, and letters of recommendation. Pay the applicable application fee before submitting.

Shortlisted candidates are invited for a 30-minute interview — either virtual via Zoom or in-person at a tier-1 city. You will also complete two on-spot essays as part of the interview process.
Decisions are communicated via email as per the published timeline for each round. If offered admission, secure your seat by paying the commitment fee within the stipulated deadline.
Eligibility requirements at ISB vary by programme. All admissions are conducted through a holistic selection process with no single cutoff or minimum score requirement. Below is a comprehensive overview of the eligibility criteria across all programmes.
|
Programme |
Minimum Qualification |
Work Experience |
Entrance Exam |
Additional Requirements |
|
PGP |
Bachelor's degree from a recognised institution |
24+ months as of March 31 |
GMAT or GRE test centre only |
Valid score not older than 5 years from application deadline. No minimum score required |
|
PGP YL |
Bachelor's degree from a recognised institution |
Maximum 24 months as of June 15 of joining year |
GMAT or GRE or CAT 2025 |
Only CAT 2025 accepted. TOEFL or IELTS mandatory if undergraduate instruction was not in English |
|
FPM |
4-year undergraduate degree or 3-year undergraduate degree plus postgraduate degree |
Not mandatory |
GMAT or GRE or CAT or GATE or JRF |
Strong academic record required. TOEFL required if undergraduate instruction was not in English |
|
Please check the university website for the complete and detailed eligibility requirements of each program. |
Below is the ranking of ISB based on leading global ranking bodies.
|
Source |
Ranking |
|
QS World University Ranking |
#151-200 |
|
Financial Times Global MBA Ranking |
#12 |
|
Financial Times India MBA Ranking |
#1 |
ISB's career outcomes reflect its world-class curriculum, global faculty, and powerful alumni network. The PGP Class of 2026 received 1,117 job offers with an average salary of ₹37.29 LPA — an increase of 11% from the previous cohort and a 156% jump from students' pre-ISB average CTC. With 20,000+ alumni across 60+ countries, 800+ C-suite leaders, and 13 unicorns, ISB graduates go on to lead businesses, build startups, and drive impact across industries and geographies worldwide.
|
Metric / Sector |
Details |
|
Placement Highlights PGP Co2026 |
Overview of placement performance |
|
Total Job Offers |
1,117 |
|
Average Salary |
₹37.29 LPA |
|
Highest Offer |
₹1.56 Crore per annum |
|
Increase from Previous Cohort |
Approximately 11 percent |
|
Increase vs Pre-ISB CTC |
156 percent |
|
First-Time Recruiters |
25 |
|
International Offers |
30 |
|
Students Changing Industry |
67 percent |
|
Students Changing Function |
69 percent |
|
Top Sectors |
Consulting Technology BFSI |
|
Consulting |
McKinsey BCG Bain Deloitte EY GDS Accenture more than 100 offers |
|
Technology |
Amazon Google IBM Uber Razorpay Browserstack InMobi |
|
BFSI |
Barclays Kotak Mahindra Capital Avendus Nomura Jefferies |
|
FMCG |
ITC P and G Tata Consumer Products LOreal AB InBev |
|
E-commerce |
Flipkart Swiggy Zomato Myntra Nykaa |
ISB is committed to ensuring that talent and potential, not financial circumstances, determine your ability to attend the programme. Approximately 25% of PGP students receive financial support each year, with full tuition aid available for those with significant financial need. Scholarships span nine categories including Merit, Need-cum-Merit, Diversity, and Armed Forces — in addition to donor-funded scholarships across ten additional categories. No separate application is required for most scholarships as candidates are automatically considered during the admissions process.
ISB offers fully residential on-campus accommodation across both its Hyderabad and Mohali campuses. Both campuses are self-contained, with all student needs met within the campus premises. The Hyderabad campus spans 260 acres of natural beauty, while the Mohali campus follows LEED Gold sustainability standards across 70 acres. Accommodation is available in shared and studio options, with charges varying accordingly. FPM scholars receive free on-campus accommodation as part of their fellowship — shared for unmarried scholars and studio for married scholars.
|
Particulars |
Shared Accommodation |
Studio Accommodation |
|
Accommodation Fee Per Annum |
₹2,34,000 |
₹5,16,000 |
|
Security Deposit Refundable |
₹20,000 |
₹20,000 |
|
GST |
Exempt |
18 percent applicable |
|
FPM Accommodation |
Free shared for unmarried |
Free for married scholars |
|
Additional House Rent Stipend FPM if on-campus unavailable |
₹25,000 per month |
₹25,000 per month |
|
Meal Plans Approximate |
₹75,000 per annum |
₹75,000 per annum |
|
Other Expenses Laundry IT Electricity etc |
₹50,000 per annum |
₹50,000 per annum |
ISB accepts GMAT and GRE for the PGP programme. The PGP YL additionally accepts CAT 2025. The FPM accepts GMAT, GRE, CAT, GATE, and JRF. Only test centre-based scores are accepted — online or at-home test formats are not valid. Scores must not be older than five years from the application deadline.
For the PGP programme, the approximate grand total is ₹38,67,160 with shared accommodation and ₹42,42,040 with studio accommodation — inclusive of tuition, accommodation, admission fee, commitment fee, and GST. Additional expenses such as books, laptop, meal plans, and the optional international programme are estimated at ₹6,45,000 per annum.
Yes, ISB offers scholarships across nine categories including Merit, Need-cum-Merit, Diversity, and Armed Forces. Most scholarships do not require a separate application as candidates are automatically considered during the admissions process. Approximately 25% of PGP students receive financial support each year, with full tuition aid available for those with significant financial need.