POST GRADUATE

PROGRAMME IN
MANAGEMENT FOR
SENIOR EXECUTIVES
2017-18

INTAKE 8
 ISB Campus, Hyderabad

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 ABOUT
ISB The Indian School of Business (ISB) was established in
2001 with an aspiration to put India on the global map of
management education. Over the years, the school has
successfully pioneered several new trends in management
education in India, and firmly established itself as a world
class management institution. In 2008, the ISB became
the youngest institution to be ranked among the Top 20, in
the Global MBA Rankings released by the Financial Times,
London, and since then has been ranked consistently among
the top B-schools globally. Recently, the ISB became the first
B-school in South Asia to receive AACSB accreditation.
The ISB today has a strong pool of research-oriented resident
faculty and invites high- calibre international faculty from
reputed B-schools.
Research has always been an area of focus for the school,
making the ISB perhaps the most productive Indian institution
in management research.
The school also has Centres of Excellence in various areas,
serving as a bridge between academia and industry.
Programmes at ISB prepares managers on managing
business in a fast-evolving environment, with focus on
entrepreneurship, technology in commerce, and the emerging
markets. The ISB is one of the few business schools to focus
on emerging economies. The international conferences and
workshops draw thought leaders from the global business
community, policy makers and academia.
The school’s vision is to be an internationally top-ranked,
research-driven, independent management institution that
grooms future leaders for India and the world.

02
Global Academic
Associations
The Indian School of Business (ISB) has academic alliances with AACSB accreditation has been earned by less than 5% of the
the Kellogg School of Management at Northwestern University, world’s business schools. The accreditation reflects the ISB’s
The Wharton School at the University of Pennsylvania, London position as a pivotal player which will shape tomorrow’s global
Business School (LBS) and MIT Sloan School of Management management education landscape.
and The Fletcher School of Law & Diplomacy, Tufts University. To learn more about the AACSB, please visit www.aacsb.edu/
AACSB-Accredited
This association brings in the best of global management
practices and thinking into the ISB curriculum. These
associations have infused the best and latest in global
EMBA Council Membership
ISB (PGPMAX) is the only school from India to
management practices and thinking into ISB’s academic
be granted membership to Executive
purview by helping to design the curriculum and develop the
MBA council. Only schools which meet
course material. Most importantly, faculty and researchers from
the membership criteria, are approved for
these institutions regularly teach at the ISB and also participate membership. In 1981, the Executive MBA Council formed,
in research at the School. with the assistance of the Association to Advance Collegiate
Schools of Business International (AACSB International).
AACSB Accreditation The mission of the Executive MBA Council is to educate,
network and inform. The council supports its members
The ISB is accredited by the Association to
in fostering excellence and innovation in Executive MBA
Advance Collegiate Schools of Business
Programmes worldwide by providing outstanding educational
(AACSB), and is the first business school in
and networking opportunities for professionals who deliver
South Asia to be recognised by this premier
Executive MBA Programmes. The council captures and
global body. This acknowledgement by
disseminates valuable industry data to prospective students,
the oldest and longest serving global accrediting body for
member schools, the media, and the corporate sector.
business schools puts the ISB in an exclusive league of the
world’s best business schools. To learn more about the Executive MBA Council, visit their
website at www.emba.org
Achieving AACSB accreditation involves a process of rigorous
internal review, evaluation, and adjustment. It necessitates
meeting AACSB’s exacting standards for a high-quality teaching
environment, a commitment to continuous improvement,
and curricula responsive to the needs of businesses. The

Founding Associate Schools Associate Schools

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 ABOUT A Global EMBA Equivalent
Programme
PGPMAX The Post Graduate Programme in Management for Senior
Executives (PGPMAX) is designed especially for Senior
Executives and Business Owners with a busy work schedule
that does not permit them to pursue a full-time MBA
programme.
In a fast-paced environment, organisations cannot afford to
grant long sabbaticals to Senior Executives to attend a full-
time programme. PGPMAX addresses this need by allowing
participants to undergo a formal, management programme
with minimal disruption of their work and personal pursuits.
It is equivalent in content and rigour to an Executive MBA
programme and arguably the first of its kind in India.

How are Executive MBA

Programmes different ?
Executive MBA programmes are designed for senior
audiences and are quite distinct from full-time and part time
MBA programmes.
It is important to understand that career goals and perspectives
evolve throughout your professional life.
To adapt to the ever changing business environment,
managers have to equip and prepare themselves to manage
opportunities & challenges.
PGPMAX is designed specifically for experienced
professionals. it addresses the higher career goals of Senior
Executives and Business Owners.
The 15-month curriculum allows professionals to gain in-depth
strategic insights, enhance their decision-making abilities as
well as develop leadership & management skills. It focuses on
critical factor responsible for success i.e. knowledge

04
Designed For Senior
Executives and Business Owners
PGPMAX is targeted at high-calibre Senior Executives and Curriculum: World class curriculum bringscutting edge
Business Owners with 10 to 25 years of work experience concepts in the classroom. The general management focus
involving extensive managerial responsibility. Individuals, who allows individuals to transform from being functional experts to
have the potential and motivation to become truly global, be able to make cross-functional decisions in all major areas
multi-skilled business leaders. The participants are achievers of the business.
who have done exceptionally well in a functional domain and
are looking to take on general management positions. Faculty: A world-class curriculum is taught by top-notch
Senior Managers, who are already in general management global faculty. Senior faculty from best business schools
roles, will also find this programme ideally suited as it will around the world deliver the curriculum. Check our website
immensely enhance their strategic perspectives and decision- for faculty profiles to see the quality of faculty that facilitate
making capabilities. classroom learning.

A unique aspect of the programme is the collective professional

Peer Group: The quality of participants in the class
experience of its participants, which enriches the learning
is critical to learning. The depth and breadth of knowledge
environment. The programme caters to executives from a
present in the class because of the seniority of the participants
cross-section of industries such as large private organisations,
and diversity of industry and functional expertise lead to great
public sector undertakings, NGOs, mid-size organisations,
learning from peers in and outside the class.
SMEs, and family businesses.
The extensive experience fosters sharing of rich perspectives International Immersion: Successful executives
on various topics from different functional domains such must understand global business practices and cross
as sales, marketing, finance, accounting, manufacturing, cultural sensitivities. The programme includes an international
operations, project management, research & development, immersion component including one or more of the various
and healthcare amongst others. The interaction results in a interventions like country visits, cultural experience, classroom
challenging and stimulating learning experience along with teaching, industry visits and top management interactions.
providing maximum return on time and resources invested. Participants experience a mandatory two-week international
The programme fosters high quality learning by focussing of immersion in USA with teaching happening at Kellogg School
the following elements: of Management and Wharton School.

15 month programme for Senior Executives and

Business Owners

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 Cutting Edge
1 General Management
Curriculum

World Class Global

2 Faculty from the Top
20 B-Schools

Why
3 Outstanding

PGPMAX Peer Group

4 Practical
Application

Gain Global
5 Perspective

06
Cutting Edge General its most valuable outcomes. The programme gives you the
opportunity to share learning’s with other talented individuals
Management Curriculum at similar professional levels. It allows individuals with the
The programme enhances general management skills potential to form healthy, life-long friendships and sometimes,
essential for broad understanding of business and to move to even business partnerships. The programme gives you full
the next stage in career. The curriculum focuses on strategic alumni status.
thinking, critical analysis, better communication and team
building techniques. It enables transition from a Functional/ Immediate Applicability of your
Technical Expert to a General Manager, which eventually learning’s
enables individual to take higher responsibilities.
Participants learn new concepts and theories, applicable skills
World Class Global Faculty and knowledge, and gain a holistic understanding on how to
solve various business problems and implement immediately
The programme gives you an opportunity to learn the latest
in your organization. Case Method along with lectures and
management concepts from top global faculty. Senior
discussions helps applicability of management concept in real
faculty from some of the world’s best B-schools engage the
business situations.
participants in lively discussions centered on the latest trends
in management. It allows you to gain a different view of the Expand Global Perspectives
world and excel in today’s global business arena.
Increasing globalisation calls for enhanced global awareness
Learn with C-level peer group and building business and cultural sensitivities for today’s
executive. The programme not only sources top global
The programme attracts highly qualified and successful
faculty who teach the latest management trends, it also offers
working professionals from all spheres of life, with enormous
international immersions. This provides an opportunity to
potential and a deluge of work experience. The classroom
deeply understand the global business environment. The two-
comprises C-level Executives, Directors, Country Heads,
week international segment is mandatory and happens in USA
Business Owners; adding to the deep diversity and enriching
with teaching at Kellogg School of Management & Wharton
the cohort experience. The network that you develop is one of
School.

The programme was an incredibly valuable

experience and has added depth and finesse to
my leadership. - Arvind Jena, Co 2013

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 Top Global Faculty

Senior Global Faculty

from the Top 20
B-Schools
1

2 Industry & Consulting

Experience

Extensive Teaching
Experience 3

4 Research Orientation

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A world-class curriculum needs to be taught by top-notch
global faculty. Senior faculty from the ISB, industry leaders,
and experienced faculty from other global schools provide Prof. Dishan Kamdar
the latest in management education, often basing classes on Deputy Dean,
their own recent research. They offer a unique combination Academic Programmes
Indian School of Business
of research-based rigour and relevant real world applications
Ph.D, National University of
that is tailored for senior professionals. They are recognized Singapore
for both their academic accomplishments and consulting
experience
As a result, participants take what they learn in each module
back to their workplace and apply it immediately.
Prof. Mark Finn
More than 50 resident faculty members and over a 100 visiting International Business & Markets
faculty from top 20 business schools of the world such as Clinical Professor of Accounting
Kellogg, London Business School, Wharton, Cornell and Information & Management
Duke, amongst others teach at the ISB. Kellogg School of Management
Northwestern University
Each faculty member holds a doctorate and is actively involved
Ph.D, Cornell University
in research. It is through their experiences and insights that the
curriculum is always kept up-to-date. With the school gaining
international recognition, many research scholars from around
the world
The faculty members employ various teaching methods such as Prof. Bruce W. Allen
interactive discussions, case studies, group and independent Professor Emeritus of Business
study, workshops to deliver the innovative curriculum. They and Public Policy, The
wharton School University of
bring current business issues into the classroom and align it Pennsylvania
with Senior Management requirements & perspectives. They Ph.D, Northwestern University
balance practical applications with theory and strategy.

The professors made the sessions inspirational and

interactive. The learning was multifold. They led us to
empirical thinking.- Mahesh Natarajan, Co 2016

09
 Curriculum
The programme provides a challenging and stimulating Core Courses: Gives a solid foundation in the fundamental
experience to participants to acquire and enhance skills and practices of business including finance, accounting, marketing,
increase visibility of the business environment. economics, skills essential to understand various functional
The curriculum is designed to meet the requirements of Senior aspects in business and its impact on the organization.
Managers. Over the 15 month period, participants build a solid Advanced Courses: Consists of broad management
foundation of broad management skills. It combines business courses and behavioral sciences such as leadership, strategy
fundamentals and data driven analytical methods with unique and business ethics that are required to succeed in any
focus leadership, communication and necessary soft skills career.
required in today’s global business world. The curriculum
covers different functional aspects of management; exactly the Overall the comprehensive PGPMAX curriculum provides a
way real-world businesses / organizations operate. framework through which participants learn to:
It is applicable to individuals across functions and industries • Broaden and enrich their management skills;
and business owners/entrepreneurs. It gives a holistic • Expand their knowledge of modern business techniques;
approach on how to manage challenges & opportunities in and
organizations.
• Further their understanding of the social, economic, and
The programme’s 24 courses broadly cover Finance, political forces that shape the business environment.
Marketing, Strategy, Organisational Behaviour and Leadership
and has a general management focus. The courses are
sequenced in four categories:

Online Preparatory Courses: There are five online

courses sourced from Harvard and prepare participants
in basic quantitative methods. The participants will spend
over 100 hours refreshing their knowledge in quantitative,
accounting and finance areas.
Skills Courses: These courses provide a strong foundation
for learning more advanced business concepts and include
topics such as basic statistical concepts, accounting
principles, microeconomics and macroeconomics

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Innovative Curriculum

1 Develop Leadership Skills

Demonstrate Critical &

2 Intergrative Thinking

3 Gain Global Perspective

4 Value Ethical Responsibility

11
 Strengthen your Network

High Performing
1 Peer Group

Experienced
Business Leaders 2

Diverse industry
3 experiences

Gain from ISB

Alumni Community 4

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Peer Group
THE PROGRAMME ATTRACTS A DIVERSE GROUP OF SENIOR EXECUTIVES from industries such as large private
organizations, public sector undertakings, NGO’s, SME’s, mid-size companies and family businesses. The classroom
comprises of C-Suite Executives, Country Heads, Directors and Senior Managers adding to the deep diversity and enriching
the cohort experience. The network that participants develop is one of its most valuable outcomes.

Ashish Desai, Founding Class

“Ashish currently serves as an Executive Director, Jyoti Plastic Works Pvt. Ltd. He belongs to the second generation in a Family
Managed Business and is currently heading the transformation process.
Jyoti Group was established in 1959 and is one of the leaders in the plastic industry in India. The group provides total solutions
in engineering plastics which includes in-house design and development, injection molding, polymer compounding, tooling,
assembly and testing services and has clientele that includes both government organizations and global MNCs. “

“It was the perfect ecosystem to nurture my experience and

transform me into an efficacious business leader.”

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 Dr. Arun Krishnan Arun was also an adjunct assistant professor at the National
University of Singapore in the Computer Engineering
Dr. Arun Krishnan is the founder and CEO of a new, HR
Department. In 2006, he moved to Japan as an Assistant
Analytics startup, nFactorial Analytical Sciences, based out
Professor for Computational Biology at the Institute for
of Bangalore. Arun obtained his undergraduate degree from
Advanced Biosciences in Keio University.
the Central Electro-Chemical Engineering Institute and a
Ph.D. in Chemical Engineering specializing in advanced In 2008, Arun returned to India to join Monsanto and set up
control algorithms from the University of South Carolina, USA their Computational Biology unit. He held various positions
in 1998. After working for a year in a controls company, he with Monsanto with his last position being the R&D IT India
left the US and joined Silicon Graphics in Singapore. He then lead. He started nFactorial Analytical Sciences in December
moved into active research in high performance computing of 2015.
and bioinformatics with the BIoinformatics Institute in
Singapore.

“The programme helped me stay ahead on the learning curve.

To paint a bigger picture on a larger canvas.”

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Dr. Sudhakar Potukuchi Class of 2012 on to build and lead the Steam Turbine Technology team.
In addition to having a solid technical background, Sudhakar
Dr. Sudhakar Potukuchi is the Vice President and Head
has diversified leadership experience that includes expertise
of Eaton India Engineering Center (EIEC), the largest
in Six Sigma and distinction of being Eaton Business
integrated, multidisciplinary research, development and
Excellence Examiner. Sudhakar holds a Bachelor of
engineering center in Eaton. In his current role, he is
Engineering from IIT Chennai and Doctorate Degree
responsible for driving technology strategy, managing talent
in Mechanical Engineering from University of Delaware
and leading significant technology and innovation programs
(USA). He has twenty years of professional experience in
for Eaton. Prior to joining Eaton, Sudhakar worked with
Technology Leadership, Robust Design Methodologies and
GE John F. Welch Technology Center in Bangalore for
Leadership Practice.
8 years. During this period he successfully deployed Six
Sigma at JFWTC as MBB and Quality Leader, and then moved

“Beyond the skills provided, the programme enabled me to

access the incredible network.”

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 Class Profile (2016-17)

Gender
Male 87%

Female 13%

Work Experience (Average Work experience 17.5 years)

10 to 12 - 7% 18 to 20 - 8%
12 to 14 - 25% 20 - 30%

14 to 16 - 17%

16 to 18 - 13%

Industry
Retail - 5% Government/PSU - 3%
Armed Forces - 5% IT-Products/Services - 25%
ITES - 7%
Bio-Tech/Pharma/Healthcare - 5%
Manufacturing - 3%
Consulting - 7%
NGO - 2%
Education Research - 2%
Others - 7%
Energy/Power/Petroleum - 10% Real Estate - 7%
Finance - 8% Travel/Tourism/Hospitality - 2%
FMCG - 2% Telecom - 2%

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Management Level
CXO - 7%

Senior Management - 33%

Upper Middle Management - 50%

Business owners - 10%

Function
Consulting - 6% IT Consulting - 9%

Accounting - 4% Marketing - 26%

Finance - 2% Operations - 11%

General Management/ Others - 8%

Administration - 34%

Age (Average age 41 years)

30 to 35 - 11%

35 to 40 - 40%

40 to 45 - 32%

45 to 50 - 12%

55 - 3%

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 Corporate
Sponsorship The world of business is changing. Rapid technological
advancements, high customer expectations, and ever
changing market conditions have compelled organisations to
re-evaluate how to sustain their businesses and competitive
advantage.
Most leaders and managers face new challenges
concerning their business’ competitive position and their own
preparedness to manage this transition. Organisations need
to adopt and implement changes in their business model in
response to changing trends.
The best people tend to rise rapidly. But often, their experience
is only in the functional area. These talented people need
to undergo formal training to prepare them for a general
management role.
The ISB-PGPMAX addresses this requirement. It aims at
creating a well-rounded leader with a global mindset, The
programme has had an outstanding class profile, experience
and alumni group clearly demonstrating ISB’s dedicated effort
to work with India’s forward looking companies and business
leaders.
Unlike the short-term certificate programmes, which address
skill-building in a particular area or function, and caters to a
different need in the lifecycle of an employee’s professional
journey. PGPMAX focuses on general management practices.
The enriching experience of peer group learning and an
opportunity to share experiences with other high performing
professionals allows participants to gain a different view of the
world and excel in today’s global business arena. Participants
graduate from the programme as a full member of the ISB
Alumni Community.

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Why Should Corporates Sponsor An employee identifying the need for PGPMAX himself/herself
is a good indicator of suitability for the program. Individual
Candidates? motivation is very important in a long-term program that
The ROI of the programme is the immediate value students demands a balance between academics and work.
bring to their companies. From their exposure to the world’s
leading business minds to studying current business issues, Identify your candidates carefully. A few critical questions to
employees are able to offer new strategies for improving identify the employees for sponsorship are:
business practices. Just one great idea or innovative project • Does the employee have the drive to achieve more?
could pay for the entire program. • Is the employee motivated and capable of donning the
Full or part Sponsorship can prepare a future leader for top next role?
management positions and encourage a promising performer • Does the employee have the maturity and experience
to stay with your company. needed to actively participate in and benefit from this
The effective cost to organization to sponsor a candidate after program?
applicable tax benefits makes it an attractive proposition. • Are you planning to give a general management/business
Continued nomination of 3 or more candidates to the ISB unit head responsibility to that employee?
PGPMAX for Sponsorship for 2 years will earn you 50% discount
in the third year of nominations. This practice also helps build Ideal Profiles: Enterprise Leader, Individual Contributor,
the leadership pipeline effectively. Manager of Managers, Functional Head, BU Head.

PGPMAX requires a minimum of 10 years of work experience

Who should be sponsored ? to apply for admission. Bachelor’s degree is also a pre-
Sponsor your High Potential Employees. PGPMAX is suited for requisite to apply.
successful, confident and motivated senior executives at the
cusp of leadership positions.
These are promising employees whom you are grooming to
take on broader management responsibilities. The programme
will develop their general management skills, leadership
potential and provide exposure to a wide range of relevant
business issues and scenarios.

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 Programme
Format The programme is designed on a schedule that minimizes
disruption of work and personal pursuits. Participants continue
working while doing the programme. The seven day schedule
includes full days of teaching, in addition to guest lectures,
projects and group work.

Classroom Based Learning:

Classroom learning is at the heart of PGPMAX and is an
important component of the learning experience. Participants
have an exhilarating experience of being back in classroom
among high caliber peers where they share and learn new
methods of managing business. The face to face delivery
ensures optimal learning where participants get the benefit
of the experiences of their peer and instructors. This forms a
deeper bonding and stronger network.
Classroom sessions happen for a week every 6th week at
Hyderabad or Mohali campuses. The campus where the term
will be held is informed to the participants in the previous term.

Travel from any Location:

The programme format does not impose any locational
constraints. Participants fly in from various cities across
countries to attend sessions.

No Opportunity Costs:
Participants do not incur relocation costs and continue
working while pursuing the course. Since there is no relocation
involved, schooling of children and work schedules of
spouses are also not disrupted.

Time Off From Work

Total time off from work over two calendar years:
12 weeks x 7 days = 84 days (includes weekends. Does not
include travel time)
12 weeks x 5 days= 60 days (includes working days. Does
not include travel time)

*This is a tentative schedule and is subject to change as per

The School’s decision.

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1 15 Month Programme (12 Weeks)

2 Covers 24 Courses

Online Foundation Courses begin

3 April / May - 2017

4 Classroom Sessions begin August 2017

5 Course ends October/November 2018

6 Participants Graduate in April 2019

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 Admission
Process Eligibility
To be eligible to apply for the programme, the following criteria
need to be fulfilled:
• Bachelor’s Degree: The applicant should have a
Bachelor’s degree or an equivalent qualification in any
discipline. An equivalent qualification will be determined by the
admission committee of the programme and will include the
likes of CA, ICWA etc.
• Work Experience: The applicant should possess a
minimum of 10 years of full-time work experience (desired
experience is closer to 15 or more years).

Selection Criteria
The PGPMAX office and the admissions committee evaluate
each applicant on several criteria to ensure that the participants
selected for the programme are well-rounded individuals. Each
component of the application and the interview are important.
The selection of the participants will be made considering a
combination of many factors including:
• Quantity and quality of work experience e.g. significant
responsibility, experience of managing personnel and
budgets etc.
• Evidence of professional success
• Strong communication skills
• Likelihood of benefiting from the programme
• Business leadership potential, track-record, traits, attitude/
mindset etc.
• Motivation to participate in the programme
• Undergraduate degree performance
• Performance in the interview
The above mentioned criteria are not in order of importance

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Application Procedure
The online application is available on the PGPMAX website. • Bachelor’s degree marksheets/transcripts (for all
Only online applications are accepted. semesters/years)
The following documents are required to be uploaded along • Proof of income
with the online application: • Business card
• Colour photograph • Two Professional Recommendations (evaluations)
• Copy of Passport • Organisation Chart
• Bachelor’s Degree Certificate • Employer Support Letter

Application Deadline and Fee

Detail Deadline
Applications Open June 20, 2016
Admission Offer Results Round 1 January 30, 2017
Admission Offer Results Round 2 March 15, 2017

Detail Deadline Application Fee*

Round 1 Application Deadline November 15, 2016 INR 10,000
Round 2 Application Deadline January 15, 2017 INR 15,000

Notes:
An application fee has to be paid to apply to the programme (only credit cards are accepted).
The fee amount is dependent on the date when the application is submitted.
No payment is required to create a user login and start the online application.
Application fee needs to be paid at the time of submitting the completed application.Application fee is non-refundable
under any circumstance.

Letter of consent from the current employer is required for the candidate to pursue the programme. This can be submitted
either during the application process or once admission has been secured.

*The Application Fee amount includes Service Tax.

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 Programme Fee
The programme fee for the academic year 2017-18 is INR 35,00,000 plus Service Tax
This fee includes the admission fee, the tuition fee, course material as well as boarding and lodging for most days.

The fee is payable as per the schedule give below.

Payment Schedule - Admission & Tuition Fee

Admission Fee Amount Service Tax Total (in `) Dates

20 days from the date

Admission Fee 300,000 45,000 345,000
of admission offer

Tuition fee Amount Service Tax Total (in `) Dates

1st Instalment 800,000 120,000 920,000 May 30, 2017
2nd Instalment 800,000 120,000 920,000 September 30, 2017
3rd Instalment 800,000 120,000 920,000 January 30, 2018
4th Instalment 800,000 120,000 920,000 May 30, 2018
Tuition Fee Total 3,200,000 480,000 3,680,000
Admission +Tuition 3,500,000 525,000 4,025,000

Notes:
• The ISB reserves the right to revise the programme fee.
• US $ amounts are approximate and are subject to exchange fluctuation
• The School realises its fee in Indian Rupees. Participants who want to remit the fees in foreign currency can do so by remitting
the foreign currency equivalent to ` based on the prevailing exchange rate.
• The refund of any fee is subject to the refund policy prevailing at the time of seeking a refund.
• It is mandatory to live in accommodation provided by the school during the days of classes.
• All participants are required to have a personal laptop, the minimum specifications of which will be sent before the start of the programme.
Official laptops are not allowed.
• Participants may be required to purchase other electronic aids (iPad etc.) as per programme specifications
• Optional international immersion costs extra.

* Service tax rate applicable will be as notified by the government from time to time.

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Alumni Fund Contribution
An alumni membership of ` 20,000 is payable by all participants of the programme by May 30, 2017. The alumni membership is
non-refundable for participants who successfully graduate from the programme. This fee will be fully refundable for participants who
do not graduate from the programme.

Security Deposit
A security deposit of ` 25,000 has to be paid in addition to the programme fee. This amount is refundable after deduction of any
dues payable to the School.

Estimated Expenses
Estimated additional expenses not included in the programme fee are INR 300,000 to 600,000 and include (the fees in foreign currency can do so by
remitting the foreign currency equivalent to INR, based on the prevailing exchange rate.)
• Travel for classes at ISB-Hyderabad/Mohali.
• Travel (airfare/local conveyance) for the international immersion.
• Boarding and lodging in-between terms during international immersion, field trips and any travel associated with field trips.
• Purchase of laptops and other electronic aids recommended by the programme office.
• Other miscellaneous expenses like mini bar, laundry, beverages, meals outside campus etc.

Loans
Financial assistance in the form of tuition fee loans may be available to participants of this programme. Please note that the sanction
of loans is at the complete discretion of the financial institutions concerned.
For further details on financial assistance, visit www.isb.edu/pgpmax

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 ISB Campus, Mohali

26
PGPMAX Programme Office
Monday to Friday (10 a.m. to 4 p.m.)
Email: [email protected]
Website: www.isb.edu/pgpmax
Phone: +91 40 2318 7700

Indian School of Business

Hyderabad Campus: Gachibowli, Hyderabad 500032, India
Mohali Campus: Knowledge City, Sector 81, Mohali 140306, India