ISB Announces Armed Forces Scholarship, Collaborates with Department of Ex-Servicemen Welfare, Ministry of Defence

Coinciding with the Armed Forces Flag Day today (December 7), the Indian School of Business (ISB) has announced a collaboration with the Government, whereby the ISB will offer a 50% tuition fee waiver to armed forces veterans or serving personnel aiming to transition into civilian life. The waiver will apply across its postgraduate and advanced management programmes and will benefit 22 veterans each academic year.

ISB’s collaboration with the Department of Ex-Servicemen Welfare, Government of India, is in line with the ISB’s continued commitment to the armed forces, particularly in adding the latest and in-depth management skills to the vast skillset that armed forces personnel and veterans already possess.

Shri Vijoy Kumar Singh, IAS, Secretary, Department of Ex-Servicemen Welfare, Government of India, said, “We extend our sincere gratitude to the Indian School of Business for offering a 50 percent fee waiver in recognition of the services of Armed Forces personnel.”

He added, “Most of our Armed Forces personnel retire at a younger age and are most disciplined and filled with zeal and vigour to serve the country. We are hopeful this initiative will provide a valuable opportunity for our veterans and soon to retire armed force personnel to pursue world-class education at ISB and play a leadership role in making a ‘Viksit Bharat’ by 2047.”

ISB is proud to have over 100 veterans among its alumni. They bring significant value to the classroom and strengthen the alumni network. The Armed Forces Scholarship furthers ISB’s vision of grooming future leaders for India and the world.

Professor Madan Pillutla, Dean, ISB, said, “We are deeply indebted to the Indian Armed Forces personnel. ISB would like to provide a 50% tuition fee waiver as a token of our gratitude for the sacrifices made by them and providing an opportunity for them to further their education. The forces instill values of discipline, leadership, and commitment — qualities that are fundamental to any role of significance.  The scholarship initiative aims to make world-class education more accessible to those dedicated to serving our nation.”

Programme and fee waiver details: