Fees and financing

Programme fees (2014)

Programme fees for students from South Africa
  2014 20151 20161 Total
MBA Full-time R156 733 R31 227  
International Module
R33 000
Class fees
R155 000
R188 000
MBA Part-time R84 944 R71 826 R31 230
International Module
R33 000
Class fees
R155 000
R188 000
MBA Modular
(Jan & Feb intake)		 R84 944 R34 352 R68 704
International Module
R33 000
Class fees
R155 000
R188 000
MBA Modular
(May intake)		 R69 330 R37 475 R81 195
International Module
R33 000
Class fees
R155 000
R188 000
Programme fees for students from the Southern
African Development Community (SADC) countries
International Module
R33 000
Class fees
R178 505
R211 505
Programme fees for students from the rest of Africa
International Module
R33 000
Class fees
R201 915
R234 915
Programme fees for students from the rest of the world2
International Module
R33 000
Class fees
R254 815
R287 8153
Application fee4 R1 200
Deposit payable on acceptance of admission4 R12 300
SHL selection test fee (2013)4 R2 500
GMAT selection test fee (2013)5 $ 250

1 The fees for 2015 and 2016 (i.e. for the second and third year of enrolment) will be adjusted to make provision for annual price increases.

2 Students from India, please contact USB for fees and admission requirements. (E-mail: MBA@usb.ac.za; telephone: +27 (0) 21 918 4246) )

3 Click here for latest exchange rate.

4 Applicable to all applicants.

5 For further details visit www.mba.com/mba/TaketheGMAT.


Notes

  • Fees include the compulsory MBA International Module, as well as books and study materials.
  • The application fee must accompany the application.
  • On acceptance of admission, the deposit is payable and is deducted from the programme fee. The deposit is not refundable.
  • Preparatory study material will be handed out during the orientation block.
  • On acceptance of admission, a deposit is payable and is deducted from the programme fee. The deposit is not refundable.
  • Travelling and accommodation costs are for students’ own accounts.
  • USB reserves the right to change the fees at any time.

Financing

Bursaries from the USB

The USB Alumni Association's Future Fund provides bursaries and financial assistance to a number of deserving students who have been admitted to the MBA programme.

The School also provides financial assis¬tance to a number of senior MBA students to study modules at one of our internation¬al business school partners to earn credits towards the MBA.

The University of Stellenbosch Business School sponsors partial MBA bursaries.

For more details on bursaries and to apply, contact Marie Willows on 021 918 4243 or at usbcom@usb.ac.za. The closing date for bursary applications is 30 November each year.

  • Only students who have been accepted onto the MBA programme may apply for a bursary.
  • The bursaries will be awarded for a Full-time MBA.
  • All the bursaries will be awarded on academic merit.
  • Applicants from previously disadvantaged groups 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).
  • Applicants must be South African citizens.
  • Further terms and conditions apply to each bursary.
  • Every application will be treated in the strictest confidence.

Other bursaries

Stellenbosch University and the National Research Foundation offer bursaries.

Loans

Certain banks grant loans at favourable interest rates.

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.

Further information

 PDF of comprehensive MBA brochure in English [Read]