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​Fees and financing

Fees for 2018

  • The spread of the total fees for the new Blended Learning MBA will be similar to that of the Modular MBA.
  • The amounts marked with an asterisk include the International Study Module fee of US$5000.
 

 

PROGRAMME FEES FOR 2018

2018

2019

Total

Students from South Africa

MBA Full-time

R289 066*

R289 066*

MBA M​odular (all intakes)

R111 488

R177 578*

R289 066

MBA Blended Learning

R111 488​

R177 578*

R289 066

Students from Southern African Development Community (SADC) countries

MBA Full-time

R292 761

​​

R292 761

MBA Modular (all intakes)

R115 183

R181 273*​

R296 456

MBA Blended Learning

R115 183

R181 273*

R296 456​

​​​​International students from the rest of Africa (non-SADC) ​ ​ ​

MBA Full-time

R296 876*

R296 876*

MBA Modular (all intakes)

R119 298

R185 388*

R304 686

MBA Blended Learning

R119 298

R185 388*

R304 686

​​​International students​ from the rest of the world ​ ​ ​
​MBA Full-time​R318 566*R318 566*
​MBA Modular (all intakes)​R140 988​R207 078*​R348 066
​MBA Blended Learning​R140 988​R207 078*​R348 066​
​​​INTERNATIONAL TUITION FEE​​​ ​ ​ ​
​​Students from the rest of the world ​ ​​R21 690
​​​INTERNATIONAL REGISTRATION FEE
​​Students from SA​DC countries ​ ​​R3 695
​​International students from the rest of Africa (non-SADC) ​ ​​R7 810
​​International students from the rest of the world ​ ​​R7 810

DEPOSIT PAYABLE ON ACCEPTANCE OF ADMISSION (Full-time)

Students from South Africa

R18 150

Students from SADC countries

R146 381​

International students from the rest of Africa (non-SADC)

​R148 438

International students from the rest of the world​

R159 283

DEPOSIT PAYABLE ON ACCEPTANCE OF ADMISSION (Modular)

Students from South Africa

R18 150

Students from SADC countries

R57 592

International students from the rest of Africa (non-SADC)​R59 649

International students from the rest of the world​ 

R70 494

DEPOSIT PAYABLE ON ACCEPTANCE OF ADMISSION
(Blended Learning)

Students from South Africa

R18 150

Students from SADC countries

R57 592

International students from the rest of Africa (non-SADC)​R59 649​

International students from the rest of the world 

R70 494

APPLICATION FEE AND SHL TESTS FOR 2017

Application fee for all applicants

R1 900

SHL selection test fee

R3 150

GMAT selection test fee (2018)

$250


Notes

Please note the following

 

  • South African students can pay the full programme fees upon registration or they can pay 75% of the annual fees by the end of May and the balance of 25% by the end of September.
  • The fees for 2019 (2nd year of enrolment for Modular and Blended Learning MBAs) will be adjusted to make provision for annual price increases.
  • The programme fees for the Modular and Blended Learning MBA's second year of enrolment are higher than for the first year of enrolment because the second year's fees include the International Study Module at a foreign business school.
  • The fees of the International Study Module are included in the total programme fees for the MBA. The cost of USB's International Study Module amounts to US$5000. This is linked to the rand-dollar exchange rate. Note, however, that the fees for the 2018 International Study Module may have to be adjusted based on the exchange rate.
  • Deposit: All students pay a deposit on acceptance of admission. Foreign students need to pay a deposit of 50% of the annual programme fees on acceptance to the programme and the balance prior to, or upon registration. The deposit is deducted from the programme fee. The deposit payable is non-refundable.
  • Application fee: The application fee must accompany the application. The application fee is not refundable.
  • €1 = about R14.56; US$ 1 = about R13.00 (24 May 2017).

  • Fees include books and study materials.
  • Students are responsible for their own travel and accommodation arrangements and costs.
  • USB reserves the right to change the fees at any time.


     

 

FINANCING

Bursaries

USB's Bursary Scheme provides full and partial bursaries and financial assistance to a number of deserving students who have been admitted to the Full Time MBA programme.

For more details on how to apply for bursaries, contact Inge Sheldon on 021 918 4230 or at mba@usb.ac.za. The closing date for bursary applications is 30 November each year.

  • Only students who have been accepted onto the MBA may apply for a bursary.
  • The bursaries will be awarded to a full-time MBA.
  • All the bursaries will be awarded on academic merit.
  • Applicants from previously disadvantaged groups (in the case of South Africans) will be given preference.
  • Applicants must provide evidence of financial need and not be recipients of any other form of study sponsorship (e.g. from their companies).
  • Further terms and conditions apply to each bursary.
  • Every application will be treated in the strictest confidence.

 

Other bursaries

The National Research Foundation offers bursaries.

Loans

Certain banks grant loans at favourable interest rates. You may also contact Eduloan at www.eduloan.co.za.

Study loans for students from West Africa

Guaranty Trust Bank Plc, with its headquarters in Lagos, Nigeria, has partnered with the USB to provide loan facilities for tuition expenses to USB students in West Africa. The MaxAdvance facility is a time loan or term loan that aims to meet a range of personal needs for students. For more information, click here.


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