ISB Launches DSP Scholarship for PGP YL Students with 100% Tuition Waiver; Checkout the Official Press Release

The Indian School of Business (ISB) has announced the DSP Scholarship Programme, offering 100% tuition fee waivers to selected students in its Post Graduate Programme in Management for Young Leaders (PGP YL). Supported by a multi-year corporate social responsibility contribution from DSP Asset Managers Private Limited, the need-cum-merit based scholarship begins with two recipients in the current academic year and will support five students annually in subsequent years. The tuition waiver, valued at approximately ₹18.65 lakh per student, covers the full tuition component of the 20-month residential programme at ISB’s Hyderabad campus, according to the official announcement from ISB.

Programme Overview and Support Details

The DSP Scholarship Programme aims to enhance access to high-quality management education for young leaders at an early stage in their careers. It targets students enrolled in the PGP YL, a full-time programme designed for fresh graduates and early-career professionals with 0 to 24 months of full-time work experience as of June 15 of the joining year.

• Scholarship coverage: 100% tuition fee waiver (does not include accommodation or other fees)
• Number of awards: Two students in the current PGP YL batch; five students per year thereafter
• Basis of award: Need-cum-merit evaluation

Check Out the Official Press Release by DSP Website: Click Here

Eligibility and Admission Requirements for PGP YL

Applicants to the PGP YL must meet specific criteria to be considered for admission and potential scholarship support. The programme requires a bachelor’s degree or equivalent in any discipline, and candidates whose undergraduate instruction was not in English need valid TOEFL or IELTS scores.

Admission involves submission of valid GMAT, GRE, or CAT 2025 scores (test-centre based only). For the current admission cycle:

• Round 2 application deadline: February 22, 2026
• Interviews: Scheduled for April 2026

Eligible candidates are automatically considered for available scholarships during the admission process, though specific application steps for the DSP Scholarship are integrated into the PGP YL application.

Background on PGP YL and ISB’s Scholarship Commitment

The PGP YL is a 20-month residential management programme equivalent to an MBA, tailored for high-potential aspirants with limited work experience. ISB has been expanding financial support initiatives, with scholarships awarded based on merit and need-cum-merit criteria across its programmes. The DSP Scholarship represents a dedicated multi-year commitment to the PGP YL cohort.

The Memorandum of Understanding for the programme was exchanged in the presence of Aditi Kothari Desai, Chairperson of DSP Asset Managers Private Limited; ISB Dean Madan Pillutla; Kalpen Parekh, Managing Director and CEO of DSP Mutual Fund; and DNV Kumara Guru, Senior Director – Advancement, Alumni Engagement and External Relations at ISB.

Candidates interested in the PGP YL and the DSP Scholarship Programme should visit the official ISB website for the latest application guidelines and updates. The authority has not announced further details yet on additional scholarship categories or expansions beyond the outlined plan.

Written by Abhijeet Chatterjee

Abhijeet Chatterjee is a professional Content and Copy specialist with over five years of experience in crafting compelling content around the Edtech domain. His portfolio includes notable work for companies such as PhysicsWallah, Roar Media, Jagran Josh, etc. Academically, Abhijeet holds a Master's in Mass Communication, where he was awarded a gold medal for his outstanding performance. He has also qualified for the UGC NET in Mass Communication, demonstrating his expertise and a deep understanding of the field. His academic foundation is built on a Bachelor's degree in English Literature. Beyond his professional work, Abhijeet is an avid writer and a cinephile. His personal interests include scriptwriting, film criticism, and reading novels.

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