Cost Overview of SP Jain's MBA Program
Welcome to this comprehensive guide on understanding the fees associated with the SP Jain MBA program. Whether you're in Mumbai, Singapore, Dubai, or Sydney, this article will help you understand the financial aspects of studying at one of the top international management institutes.
Program Fees Structure
For the SP Jain International Business School, the fee structure for the MBA program is outlined as follows:
Year 1: The total cost for the first year is approximately USD 114,637.
The fees for the first year (Jan-Aug 2018) include:
A. Annual Registration fees - USD 2,000 B. Tuition Fees - USD 19,000 (to be paid semester-wise) C. Books, Course Materials, Cases, Simulations, and Out-of-Classroom Activities - USD 1,500 D. Visa Charges - USD 950 E. Insurance Charges - USD 300Additional Charges:
A. Housing Costs - USD 8,700 per year (Mumbai) / USD 8,000 per year (Singapore) / USD 13,000 per year (Dubai) / AUD 16,765 per year (Sydney) B. Interest on delayed payment - 15% annuallySP Jain School's Fee Structure
SP Jain School of Global Management offers a full MBA program with different fee structures depending on the location and year of intake:
Bachelor of Business Administration (BBA)
1st Year Fees - INR 12.78 LakhsPG Diploma
Total Fees - INR 15 LakhsMBA
Total Fees - INR 35 LakhsPh.D.
Total Fees - INR 17.65 LakhsOther Fees
In addition to the tuition fees, students may also face other charges such as:
Hostel Fees International Immersion Computer/IT Services Fee/Reading material/books/library database fees Career Services Development FeesSP Jain Institute of Management Research (SPJIMR)
For SP Jain Institute of Management Research (SPJIMR), the PGPM 2019 program included:
Tuition Fees - INR 10,40,000 Admission Fees - INR 60,000 Computer/IT Services Fee/Reading material/books/library database fees - INR 70,000 Career Services - INR 50,000 Development Fees - INR 70,000 Hostel Fees - INR 1,02,500 International Immersion - INR 3,95,000The total fees for the 2019 and 2020 intake will be available shortly on the SPJIMR website.
SP Jain’s Mumbai Intake
For the 2018-20 batch, the total fees for the 2-year PGDM MBA program in SPJIMR were approximately INR 16 Lakhs, which included:
Tuition Fee Basic Hostel/Accommodation Global Fast TrackThe current program fee remains the same.
Summary
SP Jain's MBA program is designed to provide an unparalleled educational experience, but the cost is a significant factor to consider. The fees vary based on location and year of intake, and additional costs may include housing, insurance, and international immersion programs. students are advised to review the complete fee structure and ensure they have the necessary financial resources before applying.