The Post Graduate Programme in Management, or PGP, is a one-year, full-time and residential course at the Indian School of Business. You study on the Mohali campus or the Hyderabad campus, and about 820 students join across the two every year. The Financial Times placed ISB at #12 in the world in its Global MBA Ranking 2026. The school holds AACSB, AMBA and EQUIS accreditation. The fee for the 2027 intake is INR 34.48 Lakhs before GST, and a shared room on campus is part of it. You apply with a GMAT or GRE score and at least 24 months of work. The Class of 2026 was paid INR 37.29 LPA on average.
Indian School of Business PGP Fees 2027
The fees with GST is INR 40.69 Lakhs and the fees without GST is INR 34.48 Lakhs. The tuition part of the fee is INR 25.62 Lakhs. ISB publishes this amount for a single payment in the 2027-28 year. A shared room on campus is already inside it, so you pay no hostel fee on top. The security deposit of INR 20,000 comes back to you when you leave.
Fee head
Amount
How it is charged
Programme fee, shared room
INR 34.48 Lakhs
Full course, as published
Tuition part of the fee
INR 25.62 Lakhs
Inside the programme fee
Security deposit
INR 20,000
One time, comes back to you
GST at 18%
INR 6.21 Lakhs
One time, on the programme fee
Total, before GST
INR 34.48 Lakhs
Full course
Total with GST
INR 40.69 Lakhs
Full course
Indian School of Business PGP Admission Dates 2027
Round 1 closes on 20 Sep 2026 and the Round 1 offer letters go out by the end of Dec 2026. Classes start in Apr 2027 on the Mohali campus. ISB reads the files round by round, so an early round leaves you more time to arrange money and notice at work. If you miss 17 Jan 2027, you wait for the next intake.
Event
Date
Status
Round 1 application opens
Jul 2026
Over
Round 1 application, last date to apply
20 Sep 2026
Confirmed
Round 2 application, last date to apply
6 Dec 2026
Confirmed
Round 1 interviews
Oct 2026 to Dec 2026
Tentative
Round 1 result, offer letters
Dec 2026
Confirmed
Round 3 application, last date to apply
17 Jan 2027
Confirmed
Admission and commitment fee after the offer
Mar 2027
Tentative
Document check before you join
Mar 2027
Tentative
Classes start on the Mohali campus
Apr 2027
Tentative
Indian School of Business PGP Eligibility
You need 24 months or more of full-time work, counted to 31 March of the year you join. You also need a valid GMAT or GRE score from a test centre and a bachelor's degree. ISB sets no minimum score, so a strong work record can carry a middling test score. You send essays and references with the same form.
Requirement
What you need
Work experience
24 months or more, counted to 31 March of the joining year
Test score
GMAT or GRE, test centre score only
Degree
A bachelor's degree in any subject
Minimum score
None published; ISB reads the whole file
Papers with the form
Essays and references from people you have worked with
Indian School of Business PGP Admission Process
You pick a round, fill the online form and send your test score, essays and references. ISB reads the file and calls the shortlisted applicants for an interview. The offer letter comes by the date printed for that round. You hold the seat by paying the admission fee and the commitment fee.
Step
What you do
1. Pick your round
Round 1, 2 or 3; a late form moves to the next round
2. Fill the form
Online, with essays, references and your test score
3. Interview
By invitation, after the round closes
4. Offer letter
The result comes by the date set for that round
5. Pay and join
Pay the admission and commitment fee, then join in April
Indian School of Business PGP Cutoff
ISB publishes no cutoff score for this course. A GMAT or GRE score from a test centre is the gate, and the file review decides who gets an interview. The 24 months of work is the only hard number in the rules. So a high score alone does not get you a seat, and an average score does not end your chance.
What is checked
What ISB says
Test score
No cutoff score is published
Work experience
24 months or more by 31 March
File review
Essays, references and your work record
Interview
By invitation only
Indian School of Business PGP Placements
The Class of 2026 was paid INR 37.29 LPA on average and the highest offer was INR 1.56 Crore. Companies made 1,117 offers to the 808 students who finished the course. Consulting, technology and BFSI took more than 75% of the roles. Accenture made over 100 offers, and Mastercard and EY GDS made over 40 each.
Metric
Value
Average pay
INR 37.29 LPA, Class of 2026
Highest offer
INR 1.56 Crore
Job offers made
1,117
Students who finished
808
Biggest recruiters
Accenture, Mastercard, EY GDS
Main sectors
Consulting, technology and BFSI, more than 75% of roles
Alumni
Over 20,000 in 60+ countries
Indian School of Business PGP Scholarships
The biggest waiver is the need-cum-merit one and it takes INR 25.62 Lakhs off the fee, the whole tuition part. If your family earns INR 8 to 20 Lakhs a year, the same scheme gives INR 19.22 Lakhs. ISB reads every file for the merit waiver on its own, so you fill no separate form for it. The need-based ones ask for an essay and income papers.
Scholarship
Who can get it
Amount or waiver
ISB Merit Waiver
Every applicant, on merit
INR 6.41 Lakhs and up to the full tuition part
ISB Need-cum-Merit Waiver
Family income up to INR 8 Lakhs a year
INR 25.62 Lakhs
ISB Need-cum-Merit Waiver
Family income of INR 8 to 20 Lakhs a year
INR 19.22 Lakhs
Prof. Manasa Mandava Memorial
Women applicants with a strong file
INR 12.81 Lakhs
Armed Forces Scholarship
Armed forces staff and their families
INR 12.81 Lakhs
Indian School of Business PGP Ranking
The Financial Times placed ISB at #12 in the world and #1 in India in its Global MBA Ranking 2026. LinkedIn put the school at #5 in its Top MBA list of 2025. FT reads pay, career growth and research, and LinkedIn reads career moves. ISB also holds AACSB, AMBA and EQUIS accreditation.
Ranking body
Year
Rank or grade
FT Global MBA Ranking, world
2026
#12
FT Global MBA Ranking, India
2026
#1
LinkedIn Top MBA, world
2025
#5
PitchBook Ranking, world
2024
#20
Accreditation
2026
AACSB, AMBA and EQUIS
Indian School of Business PGP Seats and Campus
About 820 students join the PGP every year, split between the Mohali campus and the Hyderabad campus. Both campuses teach the same course and share one placement process. The Mohali campus sits next to Chandigarh, in Punjab. Your room on campus is part of the fee, because the course is residential.
Item
Detail
Seats a year
About 820 across both campuses
Campuses
Mohali and Hyderabad
Where Mohali is
Next to Chandigarh, in Punjab
Room
Shared room on campus, inside the fee
Course length
12 months, starting in April
Should you pick PGP at Indian School of Business?
This course suits people with a few years of work who want a management job in consulting, technology or banking.
Pick it if:
You want a consulting, technology or banking job: those three sectors took more than 75% of the roles offered to the last batch.
You want a wide alumni base: over 20,000 ISB alumni work in 60+ countries, and many shortlists start with their referrals.
You do not want to hunt for a room: a shared room on campus is already inside the fee, so you only pack and move.
Your family earns under INR 8 Lakhs a year: the need-cum-merit waiver can take off the whole tuition part, if the income papers are in order.
Skip it if:
You want a small class: about 820 students join every year, so you share the same recruiters with a very large batch.
You are paying the fee yourself: INR 34.48 Lakhs before GST is a heavy loan for one year, and 18% GST sits on top of it.
You have under two years of work: ISB counts 24 months by 31 March, so the form will not be read this year.
You want to keep your job while you study: the PGP is full-time and residential, so you leave work for the whole year.
Counsellor's advice
If you have 24 months of work and a test score ready, apply in Round 1 by 20 Sep 2026. If you need a fee waiver, send the income papers with the same form.
PGP Eligibility▾
Work experience: 24 months or more of full-time work, counted to 31 March of the year you join.
Test score: A valid GMAT or GRE score. ISB takes test centre scores only, not home-based ones.
Degree: A bachelor's degree in any subject, from any university.
No minimum score: ISB publishes no cutoff. Your work record and essays weigh as much as the score.
Papers with the form: Essays and references from people you have worked with.
PGP Admission Process▾
Pick your round: Round 1 closes on 20 Sep 2026, Round 2 on 6 Dec 2026 and Round 3 on 17 Jan 2027.
Fill the form: You apply online with your test score, essays and references.
Interview call: ISB reads the files after a round shuts and calls the shortlisted people.
Offer letter: The result comes by the date set for your round. A late form moves to the next round.
Pay and join: Pay the admission and commitment fee to hold the seat, then join in April.
PGP Admission Dates 2027
▾
These are the official 2027 dates. Tap 2028 Session for the expected dates of the next batch.
The 2028 calendar is not out yet. These dates are estimates based on 2027.
Over
Jul 2026
Round 1 application opens
ISB opens each round about two months before its last date.
Confirmed
20 Sep 2026
Round 1 application, last date to apply
A form sent after 20 Sep 2026 moves to the Round 2 pool.
Confirmed
6 Dec 2026
Round 2 application, last date to apply
This is the second of the three chances to apply.
Tentative
Oct 2026 to Dec 2026
Round 1 interviews
ISB calls the shortlisted people; the school marks these dates as expected.
Confirmed
Dec 2026
Round 1 result, offer letters go out
The decision comes at the end of the month.
Confirmed
17 Jan 2027
Round 3 application, last date to apply
No form for this intake is taken after 17 Jan 2027.
Confirmed
Feb 2027
Round 2 result, offer letters go out
The decision comes in the middle of the month.
Tentative
Feb 2027
Round 3 interviews
The school marks these dates as expected.
Confirmed
Mar 2027
Round 3 result, offer letters go out
The last decisions of this intake come in the middle of the month.
Tentative
Mar 2027
Admission and commitment fee after the offer
You lose the seat if this money is not paid by the date on your offer letter.
Tentative
Mar 2027
Document check before you join
You give your degree papers and work proof before the course starts.
Tentative
Apr 2027
Classes start on the Mohali campus
The 12-month course starts in April and ends in April 2028.
Tentative
Jul 2027
Round 1 application opens
Expected to open about two months before the Round 1 last date.
Tentative
Sep 2027
Round 1 application, last date to apply
Expected in the same month as this year.
Tentative
Dec 2027
Round 2 application, last date to apply
Expected in the same month as this year.
Tentative
Oct 2027 to Dec 2027
Round 1 interviews
Expected to start about three weeks after the round shuts.
Tentative
Dec 2027
Round 1 result, offer letters go out
Expected at the end of the month.
Tentative
Jan 2028
Round 3 application, last date to apply
Expected to be the last date for this intake.
Tentative
Mar 2028
Admission and commitment fee after the offer
Expected soon after the offer letter reaches you.
Tentative
Mar 2028
Document check before you join
Expected in the month before the course starts.
Tentative
Apr 2028
Classes start
Expected in the same month as this year.
Source: ISB PGP application deadlines page. Confirm on the official site before you act.
Indian School of Business PGP Fees 2027
▾
This is the full 1-year cost, not one term. Turn on the toggle to add the 18% GST you pay on top.
Programme fee, shared room
Full course, as published for 2027-28
INR 34.48 Lakhs
Security deposit Refundable
One time, returned when you leave
INR 20,000
Add 18% GST
GST on the programme fee
One time, 18% of INR 34.48 Lakhs
INR 6.21 Lakhs
Total course fee
INR 34.48 Lakhs
1 year · programme fee before GST, shared room inside it
Total course fee
INR 40.69 Lakhs
1 year · programme fee with 18% GST
Education loan EMI
INR 58,136
7 yr · 10.5% per year
ROI
108%
average first-year pay INR 37.29 LPA vs the full fee
Education loan EMI
INR 68,606
7 yr · 10.5% per year
ROI
92%
average first-year pay INR 37.29 LPA vs the full fee
Source: ISB PGP fees and scholarships page. Confirm on the official site before you act.
Will you get a call from ISB Mohali?
Pick your work experience and your test score. The cards read the two gates ISB checks before it looks at the rest of your file.
Your work experience
Your test score
2 to 5 years, test score ready
You clear both gates. ISB reads your file and calls you for an interview if it likes what it sees. Apply in the round that leaves you time to write the essays well.
2 to 5 years, no test yet
You clear the work gate. Book a GMAT or GRE slot at a test centre first, because ISB does not take home-based scores. Round 2 shuts on 6 Dec 2026.
Over 5 years, test score ready
You clear both gates with room to spare. Your work record is the strongest part of the file, so write the essays around what you led and changed.
Over 5 years, no test yet
Your work record is ready but the score is not. Book a test centre slot now and pick the round that comes after your test date.
Under 2 years, test score ready
ISB counts 24 months of full-time work as on 31 March of the joining year. Your score stays valid for five years, so apply in the cycle when you cross that mark.
Under 2 years, no test yet
You miss the work gate for this intake. Use the year to finish 24 months of work and to take the GMAT or GRE, then apply in the next cycle.
EDITOR'S NOTE
Two years of work is the floor, not the target. Most people who get a seat have more, so a thin work record hurts you more than a middling test score does.
Indian School of Business PGP Scholarship Calculator
Answer two questions to see what you can claim. Confirm the final amount with the school.
Annual family income
Your profile
Scholarships you missedYou do not qualify on your answers. Tap to see why.▾
Each card below says which answer blocked the scheme.
ISB Merit Waiver
INR 6.41 Lakhs
Indian School of Business
ISB reads every file for this waiver on its own, so you fill no separate form. You hold one waiver at a time, so a bigger one takes its place.
Who qualifies: every applicant, on the strength of the fileApply with the admission form
Not added: a bigger waiver applies to you
ISB Need-cum-Merit Waiver, full tuition
INR 25.62 Lakhs
Indian School of Business
This one takes off the whole tuition part of the fee. You write a short essay and send income papers.
Who qualifies: family income up to INR 8 Lakhs a yearApply with the admission form
Not eligible on your answers
ISB Need-cum-Merit Waiver, 75% of tuition
INR 19.22 Lakhs
Indian School of Business
The same scheme, at three quarters of the tuition part. You write a short essay and send income papers.
Who qualifies: family income of INR 8 to 20 Lakhs a yearApply with the admission form
Not eligible on your answers
Prof. Manasa Mandava Memorial Scholarship
INR 12.81 Lakhs
Donor fund at ISB
Half the tuition part, given to women applicants with a strong file, in two parts.
Who qualifies: women applicants, on meritApply with the admission form
Not eligible on your answers
Armed Forces Scholarship
INR 12.81 Lakhs
Indian School of Business
Half the tuition part, for people from the armed forces and their families.
Who qualifies: armed forces staff and their dependantsApply with the admission form
Not eligible on your answers
No scheme matches these answers. Ask the school about paying in parts and about education loans.
Estimated total waiver
INR 25.62 Lakhs
Your net course fee: INR 8.86 Lakhs
Estimated total waiver
INR 19.22 Lakhs
Your net course fee: INR 15.26 Lakhs
Estimated total waiver
INR 6.41 Lakhs
Your net course fee: INR 28.07 Lakhs
Estimated total waiver
INR 12.81 Lakhs
Your net course fee: INR 21.67 Lakhs
Indian School of Business PGP vs similar colleges
Tap a college to see it next to ISB. The cream box marks the better number in each row: lower fees, higher pay, more seats.
Compare with
This page
Indian School of Business
Mohali
Compared with
IIM Ahmedabad PGPX
Ahmedabad
Compared with
IIM Bangalore EPGP
Bengaluru
Compared with
IIM Calcutta MBAEx
Kolkata
Compared with
IIM Lucknow IPMX
Noida
Total feesone year, room included
INR 34.48 Lakhs
programme fee, before GST
INR 35 Lakhs
INR 52,000 more, the 2026-27 batch
INR 27.30 Lakhs
INR 7.18 Lakhs less, tuition plus room
Not published
INR 26 Lakhs
INR 8.48 Lakhs less, the 2026-27 fee
Average paylatest batch
INR 37.29 LPA
Class of 2026
INR 38.71 LPA
INR 1.42 LPA more, Class of 2025
Not published
INR 30.90 LPA
INR 6.39 LPA less, the 16th batch
INR 27.65 LPA
INR 9.64 LPA less, Class of 2026
Seatsone-year MBA, latest batch
820
both campuses
160
660 fewer, the 2026-27 batch
75
745 fewer, the 2026-27 batch
78
742 fewer, the 16th batch
114
706 fewer, the Class of 2026
ROIaverage pay against the full fee
108%
on INR 37.29 LPA
111%
3 points higher, on its own fee and pay
Not published
Not published
106%
2 points lower, on its own fee and pay
Highest offerlatest batch
INR 1.56 Crore
Class of 2026
INR 1 Crore
INR 56 Lakhs less, Class of 2025
Not published
INR 78.17 Lakhs
INR 77.83 Lakhs less, the 16th batch
Not published
In short
IIM Ahmedabad PGPX costs INR 52,000 more, pays a little more and teaches a class one fifth the size. If you want a small class and a single campus, take it; if you want the wider alumni base, take this seat.
In short
IIM Bangalore EPGP is INR 7.18 Lakhs cheaper and takes 75 students a year, but it publishes no pay figure. If cost decides it for you, ask that school for its pay numbers before you pick.
In short
IIM Calcutta MBAEx pays INR 6.39 LPA less on average and its top offer is much smaller. If you want the highest pay in consulting or technology, this seat is the stronger one.
In short
IIM Lucknow IPMX costs INR 8.48 Lakhs less and gives about the same return on the fee. If money is tight, IPMX is the safer spend; if you want the top pay, take this seat.
Fees and pay can change. Check each college site before you decide.
FAQs on Indian School of Business PGP
Short answers to what students ask before they apply.
How do I apply to the ISB PGP?▾
You apply online in one of the three rounds. Send your GMAT or GRE score, your essays and your references with the form. ISB then reads the file and calls the shortlisted people for an interview. Round 1 closes on 20 Sep 2026.
What is the full fee for the one-year PGP?▾
The fee for the 2027 intake is INR 34.48 Lakhs before GST. With 18% GST it comes to INR 40.69 Lakhs. A shared room on campus is already inside that amount. You also pay a security deposit of INR 20,000, which comes back to you.
Is there a GMAT cutoff for ISB?▾
No. ISB publishes no cutoff score and reads the whole file. You do need a GMAT or GRE score from a test centre, because home-based tests are not taken. Your work record and your essays weigh as much as the score.
How much work experience do I need?▾
At least 24 months of full-time work, counted to 31 March of the year you join. Most people who get a seat have more than that. If you are short, use the year to finish the months and apply in the next cycle.
Which scholarships can cut this fee?▾
The calculator above lists what ISB gives. The need-cum-merit waiver is the biggest and takes INR 25.62 Lakhs off the fee. Every file is read for the merit waiver on its own, so there is no separate form for it.
Is the Mohali campus different from Hyderabad?▾
Both campuses teach the same one-year PGP and share one placement process. You are told your campus with the offer letter. About 820 students join across the two campuses every year.
What did the last batch get paid?▾
The Class of 2026 was paid INR 37.29 LPA on average and the highest offer was INR 1.56 Crore. Companies made 1,117 offers to that batch. Consulting, technology and BFSI took most of the roles.
The PGPM course at the Indian School of Business requires candidates to have a graduation degree and at least 24 months of full-time work experience, although those with over 5 years are preferred. Admission is based on GMAT, GRE, or CAT scores, followed by an interview, conducted in three rounds—September, December, and January. The faculty is highly qualified, employing modern teaching methods, and are instrumental in career and personality development.
The program fee is approximately INR 30.41 lakhs plus GST, with a refundable deposit of INR 20,000, covering tuition and other expenses. Additional costs, including books and living expenses, can bring the total cost to around INR 65 lakhs. Scholarships and loans are available to ease financial burdens, with funding covering up to 95% of the expenses. The college guarantees 100% placements, with an average package of INR 20-25 lakhs, reaching up to INR 80 lakhs for international jobs.
Over 1,000 companies offer more than 1,800 positions, with the average domestic CTC being INR 24,35,915. Comprehensive placement and internship support are provided to prepare students for the job market. The program, despite its high cost, promises a strong return on investment and offers a range of scholarship opportunities tailored for diverse and economically disadvantaged students.
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