Terms and Conditions

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TERMS & CONDITIONS FOR ADMISSION TO THE


POST GRADUATE PROGRAMME IN MANAGEMENT AT
THE INDIAN SCHOOL OF BUSINESS
APPLICATION PROCESS
1. Submission of the Application: The Applicants shall submit complete filled in
application within the time and date mentioned. ISB shall not extend the submission date
under any circumstance to any applicants. Incomplete applications shall not be considered
for evaluation.

2. Application fee: The Application fee is non-refundable and has to be remitted in full
for the application to be considered complete and qualified for evaluation.

3. Evaluation: One online evaluation form has to be filled by a professional contact of yours in the format
provided by ISB within the application deadline. Evaluations from friends, family and personal acquaintances
shall not be considered.
GMAT / GRE score

GMAT score report: It is mandatory to upload a pdf scan of your Test Centre / Official
score report as a part of the application.

GRE score report: It is mandatory to upload a pdf scan of your Official score report or
screen shot of the view of your unofficial verbal reasoning and quantitative reasoning scores
at the test center as a part of the application. Incase you do not get the screen shot of the
view of your unofficial score report, please upload the test confirmation email from ETS.

The application portal shall not allow you to submit the application without entering your
GMAT/GRE scores. You shall have to take the test before the application deadline so that
you can enter the scores as part of your application. No extension shall be granted for
submission of the Scores.

Please remember to request GMAC / ETS to send the Official Score Report to the Indian
School of Business. The GMAT code for the school is N2D-J5-01 and for GRE it is 7892.
We shall not be able to evaluate your application, if your official score report is not received
by the School within three weeks of the application deadline.
Validity of the Score: The candidate’s GMAT/GRE score is valid only for a period of FIVE years from the date
the exam taken. Please ensure that your score is valid as on the time of commencement of the programme you
have been selected for.
Interview process: The interview dates shall be made available to the candidates along with the application
timelines. Please ensure that you are available during those dates to undergo a face to face interview process if
you are based in India or a skype interview if you are based outside India. ISB shall not be able to
accommodate requests for change in interview location, date, timing, etc. Please make sure that you carefully
enter your preferred interview location at the time of submitting your application.

The candidate shall present original document as proof of identity (Passport / Driving
License / PAN card / Aadhar Card) on the day of your personal interview.

For candidate who are located outside India during the interview dates, the Interview shall be conducted via
Skype. The Candidate to provide a Skype id in the field provided in the application form.
POST-ADMISSION

Background verification: ISB conducts background verification checks of all candidates who have
successfully enrolled in the program, to validate the information and documents provided by the candidate,
academic scores and employment history through an independent agency.

The offer of admission is subject to a satisfactory verification of the information and confirmation from the
Agency Any misrepresentation, suppression or omission of facts in the application shall justify denial,
cancellation of admission or expulsion subject to the discretion of the Admission Committee of the School.

Candidates with any history of Criminal or other non-academic violation shall disclose the
details voluntarily at the time of applying.

Admission fee:

The Admission fee of INR. 250,000 with applicable taxes (at present GST) has to be
remitted within the date mentioned in the offer letter. The funds can be remitted via an
online payment gateway as per the details provided by ISB.

The Fees for Early Entry Option candidates shall be the Fee applicable to the year of
program to which the candidate is offered admission. The candidate shall have to remit the
difference in admission fee intimated earlier and the Fee applicable as on the class of
enrolment on intimation by the Admission Team. The detailed fee structure applicable to
the in- coming class shall be published on the portal and can access the link
here: http://www.isb.edu/pgp/Fees-Financing/Programme-Expenses This Fee structure may
be changed any time at the discretion of the school.

New admits website: The Applicants shall be granted access to ISB new admits website upon remittance of
the admission fee. All information requested on this website has to be completed before the scheduled date
stipulated therein. Non adherence of the guidelines in submission of the application form and shall result in
automatic disqualification of enrollment in the programme unless intimating the same in writing or approval from
the Admission Head.

Campus accommodation: The Post-Graduate Programme(PGP) is a full-time residential course. The


Candidates to the programme are mandated to live on campus throughout the duration of the programme.
Shared (4 BHK apartments) as well as independent (1 BHK studio apartments) accommodation is available on
both campuses. Studio housing is limited and hence, married students whose spouse & family shall stay with
them on campus shall be preferred in allotment of studio apartments.

While every effort shall be made to allot the type of accommodation requested, the school
shall make the allotment subject to availability as per the request. The school reserves the
right and may in certain circumstances ask you to relocate to other accommodation during
the academic year.

Original certificates and mark-sheets: Original certificates and mark-sheets (starting from class 12) are to be
submitted for verification at the time of enrollment. Originals shall be returned once they have been verified. In
case you do not possess or have lost any of the certificates, please apply for a duplicate immediately and
obtain the same. Applicant shall not be allowed to enroll and shall be refused admission if the applicant fails to
present the original documents on the day of enrollment.

Proof of identity & date of birth: Applicants shall be required to present a valid Passport on the day of
enrollment.

VISA: All international applicants are required to obtain student visa for the period of study
at ISB on their own. A copy of valid visa is to be submitted on the day of enrollment. In
addition to the VISA, international applicants are required to register with the local police
within the jurisdiction of ISB, Hyderabad / Mohali through the specified FRRO form within
14 days of arrival in the country. A copy of registration / permit is required to be submitted
to ISB as a part of the enrollment process.

Dependent VISA: In case you are travelling with your dependent, please apply for a
dependent visa on the basis of the student visa/application. The same will need to be
extended on arrival in India. Please refer to the Indian Government website for more
information.

Laptop: On admission the candidates shall have to bring a compatible laptop with the specifications mandated
at the time of enrollment. All laptops shall be formatted by the ISB IT Team and the software required during
the programme will be uploaded. ISB shall not be responsible for loss of any data already on the laptop.

Deferral Policy

On a case to case basis emergency (Medical) /professional reason the offer accepted
applicant can request for one year Deferment of the admission. The HOD of Admissions or
Admission Dean may grant the deferral admission post verification of the relevant
documents. In case the deferral request is approved the applicant has to make a deferral
deposit within the stipulated deadline. The deferral request can be made for one year only
and once approved there shall be no further deferment. The deferral deposit shall be
adjusted to the tuition fee upon joining of the programme.

Refund of Deferral Deposit

If the deferred applicant fails to enroll or withdraws from the programme, the deferral
deposit paid shall be refunded on withdrawal from the programme. This deposit is interest
free and no interest is payable on the same.

Campus Change request

Requests for change of campus is not allowed in normal circumstances. However on a case
to case basis the applicant can request for change of campus. The HOD of Admissions/
Admission Dean may grant the campus change post verification of the relevant documents.
REFUND POLICY
Application Fee: This fee payable at the time of submission of completed application form for the PGP, is non-
refundable.

Admission Fee
1. PGP(including Early Entry Option):

a. A sum of Rs.50,000 out of

the admission fee paid shall be forfeited irrespective of when the candidate withdraws.

b. If the candidate withdraws on or before 90 days before the start of the programme,
Admission fee less Rs.50,000 shall be refunded.

c. If the candidate withdraws on or before 60 days before the start of the programme,
Admission fee less Rs.1,00,000 shall be refunded.

d. If the candidate withdraws on or before 30 days before the start of the programme,
Admission fee less Rs.1,50,000 shall be refunded.

e. No refunds shall be allowed for withdrawal from programme if the withdrawal is


communicated less than 30 days prior to the start of the programme.

f. Deferred Admission:In case of deferred admission, the same rules shall be applicable
with respect to the class to which the offer of admission was made to the candidate before
grant of deferral.

Note: The registartion day is considered as the start date of the programme for this
purpose.
Tuition Fees
The tuition fee paid at the time of enrollment into the PGP class is partly refundable in case the student
withdraws from the programme as mentioned below.

a. If the student pays the tuition fees as due and then withdraws from the programme before
the date of registration, 100% of tuition fees shall be refunded.

b. If the student withdraws during the orientation week but before the commencement of
Term 1, 10% of the tuition fees payable for terms 1-4 shall be forfeited and balance amount
shall be refunded.

c. If the student withdraws during the first 4 terms, 100 % of the tuition fees proportionately
for terms already commenced and 50% of the fees relating to the Terms that have not yet
commenced in the first four terms shall be forfeited the balance amount along with 100% of
fees for remaining 4 terms (if already paid) shall be refunded.
d. If the student withdraws during terms 5 to 8,100% of the tuition fees for terms already
commenced and 50% of the fees relating to terms not yet commenced shall be forfeited and
the balance amount shall be refunded.

e. Fee waiver if any granted to the student shall be withdrawn if the student withdraws from
the programme / dismissed / expelled from the programme. A student who is dismissed /
expelled from the programme, for disciplinary reasons or an Honour Code violation shall
not be entitled to any refund.

Accommodation charges
In case of vacation of the accommodation on account of withdrawal from the programme, proceeding on
exchange programme, expulsion or dismissal of the student from the programme, proportionate charges for the
remaining calendar months of the programme from the date of vacation of the accommodation shall be
refunded.

Security deposit

The security deposit paid by the student at the time of registration to the PGP, is refundable
to the student at the time of exit (i.e. either on completion of the programme or on
withdrawal, dismissal or expulsion) from the PGP subject to recoveries, if any (such as
amounts outstanding telephone, dining, electricity, damages caused to the assets etc. by the
student).

One-time fee for ISB Alumni for use of ISB Library & Recreation Centre:
This fee is refundable to the student in full, in case the student withdraws or is dismissed or expelled from the
PGP. This fee paid by the students is non-refundable upon completion of the PGP. The Alum shall be entitled
to use LRC and RC facilities of ISB, whenever the alum visits the either of the campuses.

ISB Alumni Association membership deposit:


This amount is collected by ISB on behalf of the Alumni Association and shall be transferred to the ISB Alumni
Association account on completion of the programme. Membership of the association is voluntary. This amount
is refundable to the student on his / her request before the transfer of the funds to ISB Alumni Association.

For any queries, please contact the admissions office at: "pgp@isb.edu" or call on: +91 40
2318 7474 / 7484

I hereby accept all the terms and conditions for admission to the Indian School of Business as stipulated
above and as may be amended from time to time at the sole discretion of the School. Legal disputes, if any,
shall be subject to the jurisdiction of courts in Hyderabad.

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