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FEES & EXPENSES |
Application fees
CHF 350 - payable by credit card when you submit our online application. Non-refundable.
CHF 60,000 - tuition
CHF 25,000 - all program and project related fees, including books and course materials, the discovery expedition and weekday on-campus lunches, excluding personal expenses.
(fees may be subject to adjustments)
| Payment timing for 2013 | Sum |
|---|---|
| Ist installment/deposit: upon acceptance of admission | CHF 15,000 |
| 2nd Installment: 31 October 2012 | CHF 15,000 |
| 3rd Installment: 28 February 2013 | CHF 40,000 |
4th installment: 30 April 2013 |
CHF 15,000 |
The above payments are all non-refundable, and are all due irrespective of your loan disbursement dates.
Return on investment
Forbes’ ranking of MBA programs focuses on the return on investment that graduates receive attending business school. IMD ranked No. 1 Worldwide and racked up a “5-year MBA gain” of $230,000. Read the full article.
Rent and other living expenses vary considerably depending on family situation and lifestyle, however the following are approximate estimates for a single person:
| Expense type | Estimated cost |
|---|---|
| Annual base rent | CHF 13,000 |
| Living expenses | CHF 23,000 |
| Total annual budget | CHF 36,000 |
| Advance deposits | CHF 1,000 phone etc. plus 3 month's rent |
IMD is committed to helping you finance your year. Accepted applicants with demonstrated financial need may apply for both IMD scholarships and bank loans to a maximum of CHF 65,000.
