Reviewed 19 September 2026 · PGP, Hyderabad + Mohali combined
The salary series currently uses 2023, the last year on file with a central salary figure. Those figures are historical and were not freshly reverified. The 2025 report gives recruiting outcomes without a headline average/median CTC.
Do not describe the PGP as an AICTE-approved or UGC-recognised MBA degree. International accreditation and Indian degree recognition are different.
ISB alumni profile: Ankur Warikoo — Official alumni interview identifies the Class of 2006; unsupported alumni biographies have been removed.
PGP recognition and placement FAQs — ISB says its PGP is a certificate programme, has not sought AICTE/UGC recognition and does not guarantee placement.
Hire from ISB — Official placement report directory and recruiting information.
ISB offers a one-year residential PGP across Hyderabad and Mohali. ISB describes the PGP as a certificate programme and says it has not sought AICTE or UGC recognition. Its Class of 2025 report lists recruitment outcomes without a batch-wide average or median CTC.
ISB Placements 2023 — Average Package, Sectors & Top Recruiters
Placement headline — Batch 2023 · PGP · institute-reported data
₹33.26 LPA
Reported average (CTC)
₹32 LPA
Reported median (CTC)
—
Highest reported
324
Companies
1609
Total Offers
845
Batch Size
37%
Female %
99.4%
Placed
5-year placement trend
2009 BATCH
₹15.05 LPA
avg
2015 BATCH
₹19.12 LPA
avg
2016 BATCH
₹21.78 LPA
avg
2022 BATCH
₹34.08 LPA
avg
2023 BATCH
₹33.26 LPA
avg
Top recruiters
60 firms
AB InBev
Absolute Foods
Accenture Services
Acuvon Consulting Pvt. Ltd
Adani Enterprises Ltd
Aditya Birla Fashion and Retail
Aditya Birla Management Corporation Pvt. Ltd
ADP Pvt. Ltd
Adventure Tripr Inc
Affinity Global Advertising Pvt. Ltd
Alkemi Growth Capital
Alvarez and Marsal
ISB Fees — Total Cost, Scholarships & Education Loans
ISB fee breakdown
Tuition fee
₹25.62 L
Library, computing, materials
~₹6.45 L (books ₹20k, laptop ₹50k, meals ₹75k, international module ₹4.5 L, IT/laundry ₹50k)
Total programme fee
₹38.67 L
Monthly living (on-campus)
Hostel (shared or studio) on-campus · meal plans ₹75k/year · families with kids can use day-care centre
Education loan available
Up to ₹50 L collateral-free for ISB · easy approval given Triple Crown accreditation + placement record
Fee-to-package comparison: ₹38.67 L equals 14.0 months of the reported ₹33.26 L annual package. This is not a repayment forecast: tax, living costs, loan interest, foregone earnings and variable pay are excluded.
Scholarships available
Need-cum-Merit 100% Tuition Waiver
Family income up to and including ₹8 lakhs · merit-screened · NEW scheme
100% tuition waiver
Need-cum-Merit 75% Tuition Waiver
Family income above ₹8 L and up to ₹20 L · merit-screened · NEW scheme
Female applicants, regional/educational diversity, returning to workforce
Up to 50% tuition
Social Impact Returning Scholarship
Graduating students returning to NGOs, social-impact startups, public/govt sector
Partial tuition based on commitment
Aditya Birla Scholarship
Top merit performers · competitive interview
₹2.4 L per year + ABG mentorship
OPJEMS (O.P. Jindal)
Merit-based across top B-schools · selection interview
₹1.8 L + Jindal Group networking
Education loan information: Up to ₹50 L collateral-free for ISB · easy approval given Triple Crown accreditation + placement record. Interest rates: 8.5–11.5% (SBI, HDFC Credila, Axis, ICICI, Avanse, Auxilo, Prodigy).
ISB Admission 2026-27 — Eligibility, Cutoffs, Selection Process & Important Dates
India's first 1-year full-time residential MBA-equivalent · GMAT or GRE only (no CAT) · holistic application + essays + interview · 3 rolling rounds (Sep / Dec / Jan).
Entrance test
Exam accepted
GMAT (or GMAT Focus) · GRE (test-centre only · at-home NOT accepted)
Avg admit GMAT
710 · range 600–770 (no published cutoff)
Avg admit GRE
322 · range 300–340
Application fee
~₹25,000 (US$ 300)
Eligibility
Work experience
Minimum 24 months full-time by 31 March 2027 · no upper age limit
Academic
Bachelor's degree in any discipline · valid GMAT/GRE score (5-year validity)
Interview performance — accounts for 30% of final selection score
Demonstrated potential to contribute to ISB cohort (leadership, community involvement)
Eligibility + Exam details
Who can apply
Bachelor's degree in any discipline (3 or 4-year UG)
Valid GMAT or GRE score (test-centre-based only, no at-home tests) by application deadline
Minimum 24 months of full-time work experience as of 31st March of the year of intended enrolment
No upper age limit (current Class 2026 includes a 45-year-old; avg age 26)
TOEFL/IELTS required if primary medium of UG was not English
Application fee + 2 essays + letter of achievements (peer-written)
Detailed selection process — what to expect at each stage
01
Online Application
Two essays (motivation + leadership/career goals) + academic transcripts + work history + GMAT/GRE score + letter of achievements & awards from a professional peer (not subordinate or family). Application fee: ~$300.
02
Evaluation & Shortlisting
Holistic review beyond test scores. Factors: work-ex quality, leadership signals, diversity, academic record, essays. Shortlisting decisions communicated by email.
03
Interview
Personal interview (30-40 min) by Admissions Committee or alumni panel. Conducted in Indian metros (Mumbai, Delhi, Bengaluru, Hyderabad, Chennai, Kolkata) and major international cities. Shortlisted applicants notified 3-7 days before interview.
04
Final Decision
Admissions Committee makes final call after reviewing interview feedback. 3 admission rounds (R1 Sep, R2 Dec, R3 Jan). Decisions in 4-6 weeks after each round.
Important dates — 2026-27 admission cycle
Application Round 1
September 2026
Application Round 2
December 2026
Application Round 3
January 2027
PI / Interview Window
October 2026 — February 2027
Final Decisions
4-6 weeks after each round closes
Programme Starts
April 2027 (Registration + Orientation Week)
Graduation
April 2028
Batch profile — Class 2026 (Co-26)
826 students
Batch size
47%
Female %
26 years
Avg age
21-45 years
Age range
4.02 years
Avg work exp
2-17 years
Work-ex range
Class 2026 (Silver Jubilee cohort): 826 enrolled, 808 graduated. 47% female (387 students) — among the highest female ratios at any top global MBA. Average age 26 with 4 years of work experience. Most diverse functional mix in Indian MBA: 44% consulting+product, 22% BFSI, balanced across functions. 7 students aged 40+; 1 student aged 45.
Reservations & diversity: No reservations on caste/community lines (ISB is a private, autonomous, not-AICTE-quota institution). However, ISB actively recruits for gender diversity (47% female Class 2026 — one of highest globally), regional diversity (78% India, 22% international + NRI), and functional diversity. Need-cum-merit scholarships (100% waiver up to ₹8 L family income) effectively support socio-economic diversity.
ISB Financial Aid 2026 — Loans, EMI Options & Scholarships
How students fund the programme
Most ISB students fund the programme through a mix of education loans, savings, scholarships, and family contribution. The expanded Need-cum-Merit programme (NEW 2026-27) makes ISB accessible to candidates with family income up to ₹20 L.
Education loan interest is deductible for 8 years post-disbursal — lowers effective rate by 30% for high tax slab
Self-financing
Typical bridge: savings + spouse income + family contribution
Education loan options — typical sanctions for ISB
Lender
Max amount
Rate
Notes
SBI Scholar Loan
₹40 L collateral-free · up to ₹1.5 Cr with collateral
8.5-10.5%
Lowest rates · government bank · moratorium during programme + 6 months
HDFC Credila
Up to ₹50 L collateral-free for ISB
9.5-11.5%
Most popular ISB lender · fast approval · pre-approved for ISB admits
Axis Bank
Up to ₹40 L collateral-free
9.75-11.5%
Pre-admission loans available · competitive for women applicants
ICICI Bank
Up to ₹40 L collateral-free
10-11.75%
Quick disbursal · digital application
Avanse Financial Services
Up to ₹50 L collateral-free
11-13%
NBFC · specialised in education loans · flexible repayment
Auxilo Finserve
Up to ₹40 L collateral-free
11-13%
NBFC · faster turnaround than banks
Prodigy Finance
Up to ₹50 L (USD-denominated)
12-14%
For international students or those with USD income potential · no collateral / co-signer
Moratorium: All major lenders offer a moratorium for the 13-month programme duration + 6-12 months grace post-graduation. Interest accrues during moratorium but EMI starts after job onset.
Tax benefit: Education loan interest is deductible under Section 80E of the Income Tax Act for up to 8 years post-disbursal — making the effective interest rate ~30% lower for taxpayers in higher slabs.
Typical EMI scenarios — what your monthly outflow will look like
Loan amount
Tenure
Rate
Monthly EMI
Total interest
₹35,00,000
7 years
10.5%
₹58,700
₹14,30,000
₹40,00,000
7 years
10.5%
₹67,100
₹16,30,000
₹40,00,000
10 years
10.5%
₹53,900
₹24,70,000
₹45,00,000
10 years
10.5%
₹60,700
₹27,80,000
ISB scholarships — published categories
Need-cum-Merit 100% Tuition Waiver
Family income up to and including ₹8 lakhs · merit-screened · NEW scheme
100% tuition waiver
Need-cum-Merit 75% Tuition Waiver
Family income above ₹8 L and up to ₹20 L · merit-screened · NEW scheme
Female applicants, regional/educational diversity, returning to workforce
Up to 50% tuition
Social Impact Returning Scholarship
Graduating students returning to NGOs, social-impact startups, public/govt sector
Partial tuition based on commitment
Aditya Birla Scholarship
Top merit performers · competitive interview
₹2.4 L per year + ABG mentorship
OPJEMS (O.P. Jindal)
Merit-based across top B-schools · selection interview
₹1.8 L + Jindal Group networking
🌐Interactive tool
Check Your ISB Scholarship Eligibility
Find out which ISB scholarship you might qualify for. The expanded 2026-27 need-cum-merit programme offers up to 100% tuition waiver for family income up to ₹8 lakhs and up to 75% waiver for income up to ₹20 lakhs.
ISB Programs — Fees, Duration & Eligibility
Program
Duration
Total Fees
Intake
Exam
Notes
Post Graduate Programme in Management (PGP) 2026-27