Hyderabad / Mohali, IN · 12 months · class of 812
ISB MBA: cost, salary and payback
The youngest class on this site, average age 26, in a one-year MBA that is also the largest in India.
Paid back after graduation in
over 30 years
Total cost $134,621 · 10-year NPV -$516,705
| Tuition and fees, whole program | $39,804 |
| Living budget | $4,817 |
| Salary given up, 12 months | $90,000 |
| Total cost | $134,621 |
| Salary after: average salary | $39,137 |
| 10-year net present value | -$516,705 |
| Return on the cost (present values) | -384% |
US dollars at the ECB rate of the last update. Raises of 5% a year with the MBA and 3% without, discounted at 5%, before tax. How this is calculated.
Fees and budget read on October 13, 2026 · employment: Class of 2026 (salary, offers) / Class of 2025 (sector and function split) (school standard) · Built by Radif Partners · Method
- Tuition and fees
- ₹3,792,520
- Total cost, salary given up included
- $134,621
- average salary
- ₹3,729,000
- Payback, reference person
- over 30 years
The Post Graduate Programme in Management at the Indian School of Business charges ₹3,214,000 in tuition for the PGP 2027-28 batch, plus ₹578,520 of goods and services tax on the fee, and ₹459,000 for compulsory shared accommodation on campus and the school's estimate of other living costs, for ₹4,251,520, about $44,621. The class of 2026 reported an average salary of ₹3,729,000; ISB does not say whether that figure is base pay or a total package, publishes no median, and is not audited under the Indian placement standard. In dollars the average is $39,137, below the $90,000 the site assumes before an MBA, so the reference payback in the figures above never arrives and says nothing about an Indian applicant. Type your own current salary in the calculator instead, and the result becomes meaningful. What sets ISB apart is its class: 812 students on the Hyderabad and Mohali campuses, an average age of 26, 4 years of experience and 47% women.
A one-year MBA for people early in their careers
No other school on this site reports a younger class than ISB, with an average age of 26. With 4 years of work on average, this is a program for people early in their careers, unlike the IIM programs for executives. The IIM Ahmedabad PGPX, for comparison, has an average age of 31. A younger class means a lower salary given up during the year, which helps the payback, and more students switching career: the school reports that more than half of the class moved to a new function or a new industry.
Consulting is the first destination, 37% of offers in the class of 2025, ahead of technology at 28% and banking and financial services at 12%; by role, business and strategy consulting took 34%. These are shares of offers rather than of graduates, because ISB lets a student hold two offers. The recruiters named in the placement reports are Accenture, Mastercard, EY GDS, McKinsey & Company, Nagarro, Deloitte, BCG and PwC, with the largest hirer making over a hundred offers. International offers are a small fraction of the total, mostly in Southeast Asia, the Middle East and Africa.
ISB: where the class went
Share of the class
37%
| Salary reported | $39,137 (school-wide) |
| Graduates, about | 300 |
| Payback with that salary | over 30 years |
Reference person earning $90,000 before the MBA.
Read the average with care
An average is pulled up by a few large packages, and ISB gives no median to check it against. It also leaves open whether the ₹3,729,000 includes variable pay. Compare it only loosely with IIM Ahmedabad PGPX's audited base median of ₹3,258,750, which is a different measure. In the calculator below, start from what you earn today in dollars, and test the ISB average and a lower figure as your salary after the degree: the gap between the two paybacks shows how much the choice of measure matters.
ISB: when the MBA pays back, for your salary
Payback after graduation
over 30 years
| Total cost with the salary given up | $134,621 |
| Salary after (average salary) | $39,137 |
| 10-year NPV | -$516,705 |
Same assumptions as the main calculator; US dollars.
Waivers for about a quarter of the class
ISB says roughly one student in four receives financial support each year, through waivers of a quarter to all of tuition for merit, diversity or need. Need-based waivers cover the whole fee for families on low incomes and most of it for the next income band, and the school offers full waivers to a set number of non-Indian nationals under its Destination India scheme. Only one waiver applies per student, and the school publishes no average award. GST is charged on the fee itself and is counted in the total above.
Where ISB stands in our rankings
- #31 of 38 · Consulting
- #39 of 39 · Finance, all segments
- #31 of 40 · Technology
Our fit score, reference person earning $90,000 before the MBA (method). Third-party rankings play no part in it. For reference, ISB was ranked 12 in the FT Global MBA 2026.
What the ISB MBA costs
| Item | INR, and US dollars |
|---|---|
| Tuition, whole program | ₹3,214,000 $33,732 |
| Mandatory fees | ₹578,520 $6,072 |
| Living budget, whole program | ₹459,000 $4,817 |
| Salary given up: $90,000 a year for 12 months | $90,000 |
| Total cost, reference person | $134,621 |
ISB employment report: Class of 2026 (salary, offers) / Class of 2025 (sector and function split)
| Measure | Value |
|---|---|
| Average salary | ₹3,729,000 $39,137 |
ISB graduates by industry
| Industry, as the school names it | Share | Salary |
|---|---|---|
| Consulting & Professional/Advisory Services | 37% | not published |
| Technology | 28% | not published |
| FMCG/E-commerce, Media & Entertainment, Pharma, Infrastructure/Manufacturing and Conglomerates (combined) | 16% | not published |
| BFSI (investment banking, venture capital, fintech) | 12% | not published |
ISB graduates by job function
| Function | Share | Salary |
|---|---|---|
| Business/strategy consulting | 34% | not published |
Employers named by ISB
Accenture · Mastercard · EY GDS · McKinsey & Company · Nagarro · Deloitte · BCG · PwC · PhonePe · Indus Insights
Names only: the school gives no hire counts.
The ISB class
| Measure | Value |
|---|---|
| Women | 47% |
| Average age | 26 |
| Average years of work experience | 4 |
| GMAT average | 683 |
| Class size | 812 |
Not published by ISB in the documents we read: where graduates went to work. We leave these blank rather than fill them with an estimate.