ISB PGP Class of 2005 Pays It Forward with New Merit Scholarship for Future Leaders

The Indian School of Business (ISB) is proud to announce the institution of the PGP Class of 2005 Scholarship, a merit-based award that will provide an annual tuition fee waiver to a deserving student of the Post Graduate Programme in Management (PGP), beginning with the current academic year.

This initiative is a result of the PGP Class of 2005 coming together after their 20-year reunion last year to give back to their alma mater, a collective gesture of gratitude that underscores their enduring bond with ISB. With ISB’s matching contribution, the scholarship’s endowment of ₹2.25 crore is well-positioned to support the award in perpetuity, ensuring that generations of deserving students benefit from this legacy of giving.

The scholarship was formally announced at a ceremony that included alumni from the Class of 2005, Dean Madan Pillutla, and DNV Kumara Guru, Senior Director – Advancement, Alumni Engagement and External Relations, ISB.

Ausang Shukla, representing the PGP Class of 2005, said, “The one year at ISB has played a transformative role, personally and professionally, for many of us. It is therefore very special for us from the Class of 2005 to be able to come together in this manner and make this contribution to pay it forward and help others benefit from the fantastic experience that is ISB!”

Expressing his appreciation, Professor Madan Pillutla, Dean, ISB, said: “The collective generosity of the class reflects the strength of our alumni community and its commitment to giving back. This endowment will support deserving students year after year, reinforcing our mission of making world-class management education accessible to talented individuals.”

The establishment of the PGP Class of 2005 Scholarship reiterates ISB’s commitment to expanding its scholarship programme and creating pathways for more students to access transformative education, made possible through the continued support of its alumni.