Why does ISB Hyderabad charge twice as much as that of IIM even though it's a one-year program?

The cost of obtaining a high-quality management education is reflective of the fees charged by institutions like the Indian School of Business (ISB) Hyderabad. It is important to note that the IIMs have traditionally been heavily subsidized, which has contributed to the difference in cost between ISB Hyderabad and the IIMs. However, this gap is gradually decreasing. It is expected that in the near future, the IIMs will also start charging fees that are comparable to or even higher than those at ISB.

It's worth considering that ISB Hyderabad invests heavily in hiring foreign faculty and engaging in international quality research work, which contributes to the overall cost of education. Additionally, many of the processes at ISB, such as placements, are driven by staff rather than faculty, which also contributes to the higher fees.