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The cost of the ISB PGP Young Leaders (YL) program depends on several components, including tuition fees and additional expenses like living costs. Let’s break it down for you:
Tuition Fee: The total fee for the ISB PGP YL program is approximately ₹43–45 lakh. This includes tuition, course materials, and access to various facilities at ISB. While the fee might seem high, it reflects the premium education, resources, and networking opportunities ISB provides.
Other Expenses
Apart from tuition, you’ll need to budget for:
1. Accommodation: ₹2.5–3 lakh, depending on the type of housing you choose.
2. Food and Living Expenses: Around ₹2 lakh per year, covering meals, utilities, and personal expenses.
3. Travel Costs: If you’re not local, factor in costs for traveling to and from ISB for interviews, sessions, or even the move-in process.
Scholarships and Financial Aid
ISB offers several scholarships to help reduce the financial burden, such as:
- Merit-Based Scholarships: Awarded to students with exceptional academic or professional achievements.
- Need-Based Scholarships: For candidates requiring financial assistance.
- Corporate Scholarships: Offered by partner organizations to selected students.
The amount of scholarship varies, but some students manage to secure funding for a significant portion of their tuition. You can also explore education loans from banks or NBFCs, which often have flexible repayment options for ISB students.
The ISB PGP YL program is designed for young professionals aiming to advance their careers in business. The program provides unparalleled exposure, career opportunities, and access to a global alumni network. ISB’s reputation as one of India’s top business schools ensures that your investment pays off through higher earning potential and leadership opportunities post-graduation.
Expert Content Writer
The ISB PGP Young Leaders (YL) program costs vary depending on the program stage and additional fees. The current fee structure is as follows:
The program has two stages: the YLP (Young Leaders Program) acceptance stage and the PGP (Post Graduate Program) stage. In the first stage, there is a non-refundable admission fee of approximately ₹1,00,000 plus GST, which is payable after receiving an offer for the YLP.
Once you transition to the PGP stage, the tuition fees are aligned with the regular ISB PGP program costs. For the 2024-2025 academic year, the tuition fees for the PGP program are approximately ₹41-45 lakh, inclusive of taxes, depending on factors such as campus selection (Hyderabad or Mohali). This fee also includes learning materials, library access, and other academic resources. However, it does not cover accommodation, meals, or personal expenses.
You should also account for other costs such as campus housing, which ranges between ₹2-3 lakh, depending on your preferences and type of accommodation. Living expenses, including meals and miscellaneous personal costs, can add another ₹1.5-2 lakh to your budget.
ISB also offers various scholarships, including merit-based, need-based, and corporate scholarships, which can significantly reduce the overall cost. Many candidates also opt for educational loans, as several banks have favorable terms for ISB students.
In summary, while the total cost for the ISB PGP YL program can exceed ₹45 lakh, available scholarships and loans can make it more manageable. Make sure to check ISB's official site for updated details.
BBA Student at Delhi University
The cost of the ISB PGP Young Leaders (PGP YL) program is designed to make it accessible for early career professionals while offering exceptional value. As of the latest available information, the program fee for ISB’s PGP YL stands at INR 7,00,000 to 8,00,000 for the duration of the course. This fee includes tuition, course materials, and access to ISB’s extensive resources. However, it’s essential to note that this fee doesn’t cover expenses like travel, accommodation, or personal expenses during the program’s sessions.
The PGP YL program is structured to span three years. In the first two years, you’ll go through learning weekends while pursuing your full-time job or studies, which helps you earn while you learn. The final year transitions into the flagship PGP in Management at ISB, where you join the regular cohort of experienced professionals.
Additionally, ISB offers a range of scholarships and financial aid options to help students manage costs better. Scholarships are merit- and need-based, so if financing the program is a concern, exploring these options is a good idea.
Before making any decisions, you should visit ISB’s official website or contact their admissions office for the most accurate and updated information on program fees, scholarships, and any additional costs. This ensures you have a clear understanding of the investment required for this prestigious program.
The Indian School of Business (ISB) offers the Post Graduate Programme in Management for Young Leaders (PGP YL), a 20-month, full-time, residential MBA-equivalent program tailored for fresh graduates and early career professionals with up to two years of work experience.
Program Fees:
For the academic year 2025-27, the fee structure is as follows:
-Admission Fee: ₹2,00,000
-Tuition Fee: ₹18,65,000
-Accommodation Fee: ₹3,95,000
-Goods and Services Tax (GST) at 18%: ₹3,35,700
-Security Deposit (Refundable): ₹20,000
-Total Program Cost: ₹29,69,700
-Alumni Association Membership (Optional): ₹25,000
-GST on Alumni Membership at 18%: ₹4,500
-Total Optional Cost: ₹29,500
Including the optional alumni membership, the overall cost amounts to approximately ₹29,99,200.
Scholarships and Financial Assistance:
ISB is committed to making quality education accessible and offers several scholarships to support students:
- Merit-Based Scholarships: Awarded to candidates with outstanding academic and professional achievements, covering up to 100% of the tuition fee.
- Need-cum-Merit Scholarships: Designed for candidates who demonstrate both financial need and academic excellence.
- ISB Develop India Scholarship: Supports students dedicated to contributing to India's growth, enabling them to pursue impactful careers.
Approximately 40-50% of the class is expected to receive scholarships, easing the financial burden for many students.
Additional Expenses:
Beyond the program fees, students should budget for other expenses, including:
- Travel Costs: Expenses related to commuting to and from the ISB campus in Hyderabad.
- Personal Expenses: Day-to-day living costs, such as meals not covered under the accommodation plan, personal supplies, and leisure activities.
- Educational Materials: While course materials are generally included, students may choose to purchase additional resources or software pertinent to their studies.
Financial Planning:
Prospective students are encouraged to plan their finances carefully. ISB has partnerships with major banks and financial institutions to offer education loans with favorable terms, including collateral-free options and moratorium periods. Details of these loan options are available on ISB's official website, allowing candidates to explore and choose the best fit for their financial needs.
Investing in the ISB PGP YL program is a significant commitment, both academically and financially. However, the comprehensive education, global exposure, and robust alumni network provided by ISB equip graduates with the skills and connections necessary to excel in the competitive business landscape. Prospective students should consider the total costs, explore scholarship opportunities, and assess financial aid options to make informed decisions about their educational investments.