It’s important to consider all of the costs associated with the MBA investment when selecting your business school. In addition to tuition, it’s important to consider cost of living in the city you choose, as well as other academic expenses you may incur throughout the year. Below is an estimate of costs for the Ivey MBA Program.
Tuition & Academic Expenses *
All amounts are in Canadian dollars.
| Tuition | 2020 |
|---|---|
| Domestic Students | $83,250 |
| International Students** | $111,750 |
| Fees*** | 2020 |
|---|---|
| Western Student Organization Fees (including MBA Association Fee) | $1,134 |
| Western Student Ancillary Fees | $524 |
| Ivey Course Material Fees (case books) | $2,749 |
| Total | $4,407 |
| Opt out options | |
| International students add UHIP Health Insurance (mandatory) | $636 |
*Subject to University Senate approval.
** Some international students at Western University are eligible to pay Canadian domestic tuition fees. Please see the Western Registrar's site for more information.
***Subject to change.
Other Academic Expenses
| Preparatory Knowledge Program* (Optional) | |
| Economics Primer (8 classes) | $678 |
| Finance, Accounting and Spreadsheets Primer (16 classes) | $1,130 |
| Quantitative Analysis Primer (10 classes) | $904 |
| International Study Trip (Optional Elective) | $3,000 -$4000 |
*All costs are subject to change. The cost of the Preparatory Knowledge Program (PKP) is subsidized to ensure that as many incoming students as possible may participate. Pricing is on a per primer basis and includes HST.
| Living Expenses | Monthly Estimates* |
|---|---|
|
Rent: (up to $1,200) |
$1000 |
| Apartment Liability Insurance (approximate range of $15-$20 per month) | $20 |
|
Utilities (i.e. Personal hydro is approximately $50 and home internet is between $50 and $65 depending on bandwidth) |
$100 |
| Food | $500 |
| Cell Phone (range: $40 - $80) | $80 |
|
Bus Pass (Monday – Friday pass is $70 and monthly unlimited is $81) |
$81 |
|
Miscellaneous (i.e.: eating out, clothing, movies, laundry) |
$425 |
| Laundry | $50 |
*Monthly estimates based on single student sharing a house or apartment
*If you will file a Canadian Income Tax Return, you can claim your MBA Tuition. A T2202A receipt is provided through an online service on Student Center, which allows you to view your T2202A - Tuition and Education Amounts Certificate(s) from Taxation year 2000 and onwards.
