Create lasting impact by inspiring a new
generation of leaders, innovators and dreamers
When we launched the ambitious goal in 2023, 17% of the PGP class was being awarded scholarships. Since then, alumni giving has enabled us to award scholarships to 21% of the PGP class. This year, we aim to strengthen this ripple of change and create more opportunities than ever before.
Alumni Contributors
in Contributions
Indira-Vasudha Scholarship
PGP Co '24 Scholarship
Ishwar Prakash Aggarwal Scholarship PGP MAX Co '12 Scholarship
Scholarships to PGP
Candidates in 2025
Alumni Endowment
Tuition Waivers
Giving by ISB’s donors has been a cornerstone of our ability to stay true to the vision of being a world-class B-school capable of producing leaders for the global stage. Not only has it aided our reputation for offering world-class academic programmes and thought leadership but also encouraged us to embark on our third decade with a bold vision of creating impact.
I look forward to your continued support and partnership in helping ISB fulfil its potential.
Dean and Professor of Organisational Behaviour,
Indian School of Business
We are widening the scholarship umbrella to include the newly launched PGP YL
Aakash was instrumental in facilitating alumni giving back to ISB as part of the team that founded the ISB Endowment Fund by making the initial contributions to it. In 2019, he gave ₹1 crore to the School to create an endowment for the Aakash Tuition Grant, towards offering need or merit-based tuition waivers to deserving students.
ISB has a very special place in my heart. My education at ISB transformed me as a person. I see it as an honour and privilege to support ISB. I am a strong believer in an inclusive society, and I feel this scholarship will provide an opportunity every year to at least one person facing special circumstances to be able to strive for education from a top educational institution like ISB. At the same time, if this act can spur more fellow ISBians to contribute to ISB in any form, it will be really a great outcome.
Alok gave back to ISB by instituting the Ishwar Prakash Agarwal Scholarship, in memory of his father. His initial contribution of ₹6 lakh was utilised to award a scholarship to a student of the PGP Class of 2023. Subsequently, he set up an endowment for the scholarship by giving ₹1.25 crore to the School.
Amit has been one of the earliest supporters of the School; starting a scholarship to support financially deserving students of the PGP. Having believed in the importance of building a strong endowment for the success of the School, Amit contributed ₹29 lakh through annual givings earlier and ₹71 lakh to the Alumni Endowment Fund. Through his giving, the Ramesh C Khanna Nurture India Scholarship has supported 18 students so far.
The Deepak Parayanken Tuition Waiver was instituted in 2018. He contributed $14,000 to the Alumni Endowment Fund as part of the Reunion Campaign in 2016. He further enhanced his commitment to ISB with an additional contribution of ₹1 Crore in 2018 and ₹1.5 Crore in 2022. His funding will support ISB in awarding at least 10 new tuition waivers in the next five years.
Having experienced the impact of PGPMAX on his business, Dr Chava decided to give back to the School through the CSR route of his company, Laurus Labs. They started to give to ISB in 2013 to support the ‘Technology Commercialisation Programme’ which trained 30 scientists and faculty across agriculture, pharma, IT, and manufacturing sectors. Subsequently, they enhanced their contribution towards helping the School in bringing in visiting faculty to teach the PGP.
Neeraj has chosen to give back to ISB by establishing a scholarship endowment towards the Jagannath Arora Scholarship, named after his father, through a contribution of ₹85.76 lakh. The scholarship will provide need-based financial aid to a female student every year for perpetuity. He has also contributed ₹24.99 lakh to the School as a class reunion gift.
PGP MAX Class of 2012
The PGP MAX Class of 2012 established a need-based scholarship with the intent to support students who choose to work towards societal development. It is awarded to a student from the PGP class with a background of working in the social sector.
This endowment for meritorious women, honouring my grandmother and mother, reflects their cherished values of knowledge, intellect, and grit, principles that ISB embodies for me. My time at ISB was akin to a real-time upgrade of my brain’s operating system. It taught me to ‘drink from a firehose’, fundamentally altering my worldview and self belief. My hope is that with the alumni’s support, ISB continues to forge strong global leaders.
To the future recipients, you are the embodiment of our shared aspirations, and in today’s world, your potential to make a global impact using India as a platform is limitless.
Yashraj Erande
Managing Director and Partner, Boston Consulting Group (PGP Co 2006)
Yash has given back to ISB by establishing an endowment for the Indira-Vasudha Scholarship, named for his grandmother and mother, to support a 25% tuition fee waiver for a meritorious woman PGP candidate every year, commencing from the PGP Class of 2025.
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