Programme Expenses

(Amounts in INR)
Admission Fee - Payable at the time of offer acceptance
Admission Fee (non-refundable) + applicable GOI taxes2,50,000*2,50,000*
Tuition & other costs - Payable by April 7, 2017
Tuition Fee21,50,00021,50,000
Campus accommodation2,00,0003,15,000
One time contribution for life-time use of the on-campus libraries & recreation centres5,0005,000
Total Fee26,05,00027,20,000
Add: Service Tax + Cess (Net Present Rate: 15%)3,90,7504,08,000
Total Fees (inclusive of taxes)29,95,75031,28,000
ISB Alumni Association membership contribution15,00015,000
Interest-free refundable security deposit15,00015,000
Total Amount Payable (in INR)30,25,75031,58,000
Total Amount Payable (approximate in USD)**45,00047,000
 *Taxes as applicable.
**Payable as per the prevailing exchange rate at the time of the fee payment so that the amount realised by the School in INR. is equivalent to the "Total Amount Payable (in INR)"
Study Material Costs & Food Expenses would be extra. The cost of an E-Coursepack for the PGP Class of 2018 is approximately  Rs. 50,000; Cost would be more if students opt for Print or Print + Digital copies of the coursepack