Post Graduate Program in Family Managed Business [PGPFMB]
Course Fees
Course Duration
1 Year 3 MonthsTuition Fees
39.13 Lakhs1 Year Fees
42.13 LakhsTotal Fees
42.13 LakhsDetailed Fees
| year | Tuition Fees | Admission Fees | Total Fees |
|---|---|---|---|
| year 1 | ₹ 3913000 | ₹ 300000 | ₹ 42.13 Lakhs |
Course Information
Eligibility Criteria
1) Bachelors’ degree or an equivalent qualification (like CA, etc.) Applicants should have completed the bachelor's degree at the time of submitting the application.
2) No mandatory work experience is required for admission. However, the ISB strongly feels that experience of 2-3 years will add a lot of value
3) Should be a member of family business intending to carry it forward.
Course Details
ISB Hyderabad PGP MFAB (Post Graduate Programme in Management for Family Business) is a 15-Months program for Next-Generation Family Business Owners. ISB Hyderabad PGP MFAB fees is INR 41.98 Lakhs.
Table of Content
| Course Name | Post Graduate Programme in Management for Family Business |
|---|---|
| Fees | INR 42,13,000 |
| Duration | 15 Months |
| Selection Criteria |
|
| Admission Criteria | BAT Scores + Work Experience + Academic Scores + Personal Interview |
ISB Hyderabad PGP MFAB Important Dates 2025
| Events | Dates |
|---|---|
| Round 1 Application Deadline | November 10, 2024 |
ISB Hyderabad PGP MFAB Fees
| Particulars | Fees |
|---|---|
| Admission Fee | INR 3,00,000 |
| Tuition Fee | INR 38,98,000 |
| Total Fees Payable | INR 41,98,000 |
ISB Hyderabad PGP MFAB Admission: How to Apply?
ISB Hyderabad PGP MFAB Applications are filled online on the official website. Check the steps below to apply for the program:
- Click on Apply Online and Create an Account.
- Fill in all the details and provide necessary Documents in the form of Attachments.
- Make payment of INR 15,000 (Non-refundable) towards the Application Fee to complete the application process.
Documents Required:
The below-listed Documents are to be Scanned & Uploaded with the Application.
- Colour Photograph
- Copy of Passport
- Grade 12 Marksheet / Transcript
- Bachelor’s Degree Marksheets / Transcripts (all Semesters / Years)
- Bachelor’s Degree Certificate
- Marksheets / Transcripts and Certificates for additional Education (if applicable)
ISB Hyderabad PGP MFAB FAQs
Ques. What is the Course Fee of the ISB Hyderabad MFAB course for Academic Session 2025?
Ans. The training charge for the ISB Hyderabad MFAB program for educational 15 months is INR 41,98,000 (plus GST). The fee structure is as follows:
- Tuition Fee: INR 38,98,000
- Admission Fee: INR 3,00,000
- Total Amount Payable: INR 41,98,000
A refundable safety deposit of INR 20,000 must be paid further to the quantities noted above. This quantity is refundable after deduction of any dues payable to the School. The Alumni club charge of INR 25,000 is paid at the start of the program.
Ques. Does ISB Hyderabad offer PGP MFAB full-time?
Ans. No. The Post Graduate Program in Management for Family Business (PGP MFAB) is a Part-Time program only that is offered for a duration of 15 months.
Ques. Is ISB Hyderabad MFAB a distance training or online program?
Ans. ISB Hyderabad MFAB is a study hall-based program. The homeroom meeting will be held for seven days each sixth week. All courses are encouraged up close and personal.
Ques. What makes ISB Hyderabad PGP MFAB exceptional?
Ans. The nature of the workforce, program plan, educational program, helping technique, and the chance to interface with ISB Hyderabad Network gives the right learning stage to the cutting edge privately-run company proprietors to utilize the information and influence this for the development of their business.
Ques. What do students acquire from the ISB Hyderabad MFAB program?
Ans. The ISB Hyderabad MFAB program means to prepare the up and coming age of privately-run company proprietors to:
- Like the worth of the privately-run company
- Foster pioneering abilities inside Family Business
- Assist the privately-run company with keeping up with current achievement
- Assist with understanding the development goals of the business by demonstrating present-day executives’ devices
- Help in encouraging the professionalization
Ques. How do I plan and stuff up for the ISB Hyderabad MFAB program?
Ans. ISB Hyderabad MFAB members are encouraged to find out more about cutting-edge MS-Excel and numerical instruments.
- MS - Excel: The program will require broad utilization of IT instruments, particularly Microsoft Excel. In case members are inexperienced with cutting-edge ideas in Excel, they are encouraged to go through specific preparation in this product before the program begins.
- Numerical Skills: The program will require the utilization of numerical ideas including likelihood and insights. Those withdrawn from these ideas are encouraged to reexamine them before the program begins. The ISB will give online courses to assist the conceded members with this amendment and such members are firmly encouraged to give extraordinary consideration to these courses.
Fee Details :
- A refundable security deposit of ?20,000 has to be paid in addition to the amounts mentioned above
- The Alumni membership fee of ?25,000 is paid at the beginning of the programme.
Placement
| Highest Placement | ₹ 66.0 Lakhs |
| Average Placement | ₹ 33.3 Lakhs |
| Top Companies |       |
College Ranking
Ranking of ISB Hyderabad Indian School of Business
Ask your question
Answered Questions
ISB Hyderabad Indian School of Business: 154 answered questions
The brand value of ISB and XLRI, FMS, IIM L can’t be compared. ISB is known for its executive PGP while XLRI, FMS, and IIM L are reputed for their two-year-long MBA progran. These are some of the top-rated B-Schools in the country and have long-standing legacies.
ISB has a huge batch size of around 800. Due to the huge batch size students face problems getting decent opportunities through campus placements. The ROI isn’t that good. The total course fee for PGPM is around INR 36.3 lakhs. While the average CTC is around 34.07 LPA, according to the recent highlights of ISB placements.
Yes, you can. ISB Hyderabad admission process includes two options for students with less work experience.
Early Entry Option - EEO is a deferred admission option to the ISB PGP program. Recent graduates with less than 24 months of work experience can secure admission through this option. If you are selected, you will be eligible to join the program upon achieving 24 months of work experience.
Young Leaders Programme - YLP helps students get the tools they need to succeed at the work place. The program will also help you in getting admission at ISB PGP. You can apply to YLP during the prefinal or final year of your UG or PG degree. If you are selected to YLP, you need to complete at least 20 months of work experience. You will attend learning weekends through YLP. Once you fulfill the required work experience criteria and the deferment period is done, you can attend ISB.
ISB Hyderabad Admission Criteria for an MBA require the following –
- A bachelor's degree in any discipline or equivalent.
- A valid GMAT/GRE score.
- At least 24 months of full-time experience.
A good essay can help your application a lot. If you want your application to stand out, you need to have a crisp, informative, and well-structured essay.
If you have less than 2 years of work experience you can apply for the deferred PGP. There are two ways to get admission in deferred PGP, i.e. Early Entry Option and Young Leader Program (YLP).
My answer is going to be extremely biased as my sister has been a victim of ISB Hyderabad’s high fees and poor placement opportunities. This answer is meant to shed some light on this issue.
ISB Hyderabad MBA fees are currently INR 41,98,000 (plus GST) while the batch size is around 900. The Institute has failed to cater to the huge batch size and has witnessed a decline in the quality of education and placements in ISB Hyderabad.
The best roles are very scarce and are given only to the students with the top grades. Others end up with below-average packages. As far as the specialization is concerned, Finance jobs are almost non-existent at ISB Hyderabad. Consulting is one of the leading domains here and the top 3 firms do visit the campus. But the number of roles offered by them is not enough for the huge batch.
The other roles offered are mediocre and not at par with the hefty fees 900 students have paid. They expect better packages and after realizing the actual scenario feel wronged.
ISB Hyderabad MBA is not suitable if
- you earn around 16 Llacs with more than 3 years of work experience
- you are a software engineer in top product companies
- you are already from a good engineering college like IITs, BITS, and Top NITs
So we can safely conclude that ISB Hyderabad is an overrated Institute and its rankings are misleading. The reality of the institute begs to differ.
A 760 score in GAMT will help you get a shortlist from ISB Hyderabad. Students from the 2021 cohort had a GMAT score in the bandwidth of 580-780. So, you should get an interview call. But this doesn’t guarantee admission. Shortlisted students need to go through an interview round for final selection.
Studying at ISB Hyderabad is like studying at any ordinary college. The classes start at 8 am so you need to wake up before breakfast and dress up for your class. You may walk to the class and try to reach on time.
The classes end around Noon after which lunch is served. You can gossip with your friends over lunch, make study groups or visit banks and complete any pending appointments.
At once you are a free bird and can catch up on your sleep as you have to study from the evening till late at night. Once you wake up around 4, you can go to the gym, involve yourself in sports or prepare for your placements.
At night you can sit with your study group and study till 11-12. The ones who are more serious about academics study alone also till morning. After this, you can prepare for the next day and take a nap before your next class.
ISB Hyderabad GMAT cutoff stays around 710+. The institute follows a ‘no cutoff’ criteria for its management programs. So, there is no sectional or overall cutoff as such but a 710+ GMAT score is considered safe for getting admission. Besides GMAT score, ISB Hyderabad also considers academic profile, work experience, co-curricular activities, etc. for shortlisting students.
It all depends on your interest, passion, inclination and aptitude. If you are really into it, it’ll be a fun ride. Studying 32 subjects in 50 weeks successfully looks a tough task. You will certainly need a bit of multitasking to help you. Many students often struggle with this because they only lack multi-tasking.
Especially if you are coming from a non-engineering background you might need to put in some extra work to get used to the overall culture of doing more work in short deadlines. For someone looking from the outside, it sure looks a lot.
Moreover, there is an endless competition among the students there to be on the top of various lists such as merit list, dean list, scholarship list to name a few. If you have been a topper throughout the academic year, it gets tougher for you since you compete with the best of the batch.
The entire overall experience at ISB will depend how much potential and patience you have within. If you have any previous professional/corporate experience before joining ISB, it will be quite an enjoyable journey for you. You should take this journey as a challenging learning curve of your life.
To prepare for GMAT, you should start by reviewing the test format and content, and develop a study plan that suits your learning style and schedule. Practice regularly with official GMAT materials and take practice tests to track your progress.
In addition to getting a good GMAT score, you should focus on building your resume. Look for relevant work experience, internships, or volunteering opportunities that align with your career goals. You can also enhance your profile by taking courses or certifications in your field of interest.
It's important to maintain good academic scores as well, especially if you're applying to top business schools. Make sure to prioritize your studies and aim for good grades throughout your academic journey.
Once you have a strong profile, you should work on creating a compelling story of why you want to pursue an MBA. Think about your career aspirations, your values, and how an MBA can help you achieve your goals. Use this story to guide your application materials, including your recommendations, essays, and interview responses.
To secure strong recommendations, choose people who know you well and can speak to your strengths and potential. Provide them with clear guidance on what you want to highlight in your application and give them enough time to write a thoughtful recommendation.
When it comes to writing your essay, be sure to showcase your unique perspective and voice. Use specific examples and anecdotes to illustrate your achievements and experiences. Take the time to revise and edit your essay to ensure that it's well-organized and error-free.
Finally, prepare for your interview by researching the school and the program, and practicing your responses to common interview questions. Dress professionally and be on time for your interview. Remember to be yourself, be confident, and demonstrate your enthusiasm for the program.
ISB Hyderabad placement statistics are given below
|
Particulars |
Statistics |
|
Highest CTC |
INR 60 LPA |
|
Average CTC |
INR 34.07 LPA |
The components in the packages generally include
- Fixed salary
- Performance Bonus (10–20% of total CTC)
Apart from this, some companies give a joining bonus of around 1–3 Lakhs which might or might not be considered as a part of CTC.
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