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Ivey MBA Tuition & Student Finance

Financing Your Ivey MBA Degree

We know that financing the MBA is about much more than just tuition; an MBA from Ivey Business School is an investment in yourself. Before getting started, it’s important to consider all of the associated costs, including tuition, cost of living, and other academic expenses you may incur throughout the year.

March 2026 Start Date

Review the tuition structure, payment dates, and other fees and expenses for candidates beginning the MBA program in March 2026.

Tuition & Academic Expenses

All amounts are in Canadian dollars, and all are estimated.

Tuition*** 2026
Domestic Students $83,250
International Students** $132,994
Deposit (non-refundable)* $5,000

*Deposit will be deducted from 1st tuition instalment. 

Fees*** Estimated Fees
Western Student Organization and Ancillary Fees (including MBA Association Fee) $2100
Ivey Course Material Fees (case books) $2700
USC Health & Dental Plan (optional) $1100
Total $5900
International students add UHIP Health Insurance (mandatory) $800

** Some international students at Western University are eligible to pay Canadian domestic tuition fees. Please see the Western Registrar's site for more information.

***Tuition and fee amounts are reviewed annually by Western University and are subject to change. For the most current and official fee schedules, please visit the Western Registrar’s website: https://registrar.uwo.ca/student_finances/fees_refunds/fee_refund_schedules.html

Instalment Payment Option - Tuition Due Dates

You can pay your tuition in one payment at the beginning of the Program, or you can pay in four instalments.  Note there is no fee to pay in instalments.  Please see the due dates and calculations below to understand when tuition will be due over the course of the Program.

Your deposit and admission scholarship can be deducted from your first instalment payment.

Calculation:

Instalment #1 due March 6, 2026
(25% tuition + 100% fees - deposit - scholarship) 
*note if you have a large scholarship you MAY not need to pay anything for this instalment and MAY have a 'credit' that may be put toward instalment #2 payment)

Instalment # 2 due July 3
(25% tuition - any potential 'credit' balance you had for #1 with scholarship)

Instalment #3 due Oct 2
(25% tuition)

Instalment #4 Jan 8, 2027 
(25% tuition or balance outstanding)

Applying for Permanent Resident (PR) status

If you are expecting your PR to be approved after the start of the Program, please note that Western main campus Office of the Registrar requires the final paperwork to be submitted to them by the end of June (with a March start Program) to have tuition changed from International to Domestic.  For more information on who pays domestic tuition please visit the Registrar's Office website

Methods of Payment

You will pay tuition to your Western student account.  Methods of payment can be found on the Registrar's Office website.

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

The below is an approximate breakdown of the fees associated with living in London, Ontario based on beginning our program in March 2026.  Rental fees in particular do vary depending on rental property selected, whether it is furnished and the number of occupants.

Note: The City of London Bus Pass is included in your tuition and fees

Living Expenses Monthly Estimates*

Rent:

  • One Bedroom Unfurnished
  • Two Bedroom Unfurnished
  • Renting a Room in a Student House

Note: These starting rental rates do vary depending on the location and in-suite and building amenities offered.

 

$1,450+
$1,750+
$700+

Apartment Liability Insurance (approximate range of $15-$20 per month) $18-20

Utilities (i.e. Personal electricity is approximately $50 and home internet is between $50 and $85 depending on bandwidth)

$100+
Food $500
Cell Phone (range: $45 - $80) $80

Miscellaneous (i.e.: clothing, movies, laundry)

$425

 *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.

January 2027 Start Date

Review the tuition structure, payment dates, and other fees and expenses for candidates beginning the MBA program in January 2027.

Tuition & Academic Expenses

All amounts are in Canadian dollars, and all are estimated.

Tuition*** 2027
Domestic Students $83,250
International Students** $136,310
Deposit (non-refundable)* $5,000

* This deposit will be credited toward your first-term tuition and fees

Fees*** Estimated Fees
Western Student Organization and Ancillary Fees (including MBA Association Fee) $2300
Ivey Course Material Fees (case books) $2700
USC Health & Dental Plan (optional) $1200
Total $6200
International students add UHIP Health Insurance (mandatory) $820

** Some international students at Western University are eligible to pay Canadian domestic tuition fees. Please see the Western Registrar's site for more information.

***Tuition and fee amounts are reviewed annually by Western University and are subject to change. For the most current and official fee schedules, please visit the Western Registrar’s website: https://registrar.uwo.ca/student_finances/fees_refunds/fee_refund_schedules.html

Tuition & Fees Payment Schedule

Tuition and fees are payable in three instalments over the course of the program. Each amount shown below reflects the portion of tuition plus ancillary & program fees that is due on the date indicated, after factoring in any deposit paid and scholarships awarded.

Due Date Amount Due
January 8, 2027 1/3 of tuition + ancillary & program fees - deposit - scholarship
May 7, 2027 1/3 of tuition + ancillary fees
September 8, 2027 1/3 of tuition + ancillary fees

Note: Fee schedules are subject to annual review and change.

Methods of Payment

You will pay tuition to your Western student account.  Methods of payment can be found on the Registrar's Office website.

Apply for Permanent Residents (PR) Status

If your Permanent Residency (PR) is approved after you begin the program, you may be eligible to have your tuition changed from International to Domestic. Domestic tuition eligibility is determined by Western University and the Province of Ontario; full criteria are available here: https://www.registrar.uwo.ca/student_finances/fees_refunds/who_pays_canadian_tuition_fees.html

To be reclassified, you must submit your final PR documentation to the Office of the Registrar by the submission deadline for that academic term. These deadlines occur once per term (typically late October for Fall, late January for Winter, and late June for Summer) and tuition cannot be adjusted retroactively for a term whose deadline has passed. Please refer to Western’s Graduate Calendar of Events for the most current deadline schedule: ttps://grad.uwo.ca/academics/calendar_of_events.html

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

The below is an approximate breakdown of the fees associated with living in London, Ontario based on beginning our program in March 2026.  Rental fees in particular do vary depending on rental property selected, whether it is furnished and the number of occupants.

Note: The City of London Bus Pass is included in your tuition and fees

Living Expenses Monthly Estimates*

Rent:

  • One Bedroom Unfurnished
  • Two Bedroom Unfurnished
  • Renting a Room in a Student House

Note: These starting rental rates do vary depending on the location and in-suite and building amenities offered.

 

$1,450+
$1,750+
$700+

Apartment Liability Insurance (approximate range of $15-$20 per month) $18-20

Utilities (i.e. Personal electricity is approximately $50 and home internet is between $50 and $85 depending on bandwidth)

$100+
Food $500
Cell Phone (range: $45 - $80) $80

Miscellaneous (i.e.: clothing, movies, laundry)

$425

 *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.

Tuition & Academic Expenses

All amounts are in Canadian dollars, and all are estimated.

Tuition*** 2026
Domestic Students $83,250
International Students** $132,994
Deposit (non-refundable)* $5,000

*Deposit will be deducted from 1st tuition instalment. 

Fees*** Estimated Fees
Western Student Organization and Ancillary Fees (including MBA Association Fee) $2100
Ivey Course Material Fees (case books) $2700
USC Health & Dental Plan (optional) $1100
Total $5900
International students add UHIP Health Insurance (mandatory) $800

** Some international students at Western University are eligible to pay Canadian domestic tuition fees. Please see the Western Registrar's site for more information.

***Tuition and fee amounts are reviewed annually by Western University and are subject to change. For the most current and official fee schedules, please visit the Western Registrar’s website: https://registrar.uwo.ca/student_finances/fees_refunds/fee_refund_schedules.html

Instalment Payment Option - Tuition Due Dates

You can pay your tuition in one payment at the beginning of the Program, or you can pay in four instalments.  Note there is no fee to pay in instalments.  Please see the due dates and calculations below to understand when tuition will be due over the course of the Program.

Your deposit and admission scholarship can be deducted from your first instalment payment.

Calculation:

Instalment #1 due March 6, 2026
(25% tuition + 100% fees - deposit - scholarship) 
*note if you have a large scholarship you MAY not need to pay anything for this instalment and MAY have a 'credit' that may be put toward instalment #2 payment)

Instalment # 2 due July 3
(25% tuition - any potential 'credit' balance you had for #1 with scholarship)

Instalment #3 due Oct 2
(25% tuition)

Instalment #4 Jan 8, 2027 
(25% tuition or balance outstanding)

Applying for Permanent Resident (PR) status

If you are expecting your PR to be approved after the start of the Program, please note that Western main campus Office of the Registrar requires the final paperwork to be submitted to them by the end of June (with a March start Program) to have tuition changed from International to Domestic.  For more information on who pays domestic tuition please visit the Registrar's Office website

Methods of Payment

You will pay tuition to your Western student account.  Methods of payment can be found on the Registrar's Office website.

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

The below is an approximate breakdown of the fees associated with living in London, Ontario based on beginning our program in March 2026.  Rental fees in particular do vary depending on rental property selected, whether it is furnished and the number of occupants.

Note: The City of London Bus Pass is included in your tuition and fees

Living Expenses Monthly Estimates*

Rent:

  • One Bedroom Unfurnished
  • Two Bedroom Unfurnished
  • Renting a Room in a Student House

Note: These starting rental rates do vary depending on the location and in-suite and building amenities offered.

 

$1,450+
$1,750+
$700+

Apartment Liability Insurance (approximate range of $15-$20 per month) $18-20

Utilities (i.e. Personal electricity is approximately $50 and home internet is between $50 and $85 depending on bandwidth)

$100+
Food $500
Cell Phone (range: $45 - $80) $80

Miscellaneous (i.e.: clothing, movies, laundry)

$425

 *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.

Tuition & Academic Expenses

All amounts are in Canadian dollars, and all are estimated.

Tuition*** 2027
Domestic Students $83,250
International Students** $136,310
Deposit (non-refundable)* $5,000

* This deposit will be credited toward your first-term tuition and fees

Fees*** Estimated Fees
Western Student Organization and Ancillary Fees (including MBA Association Fee) $2300
Ivey Course Material Fees (case books) $2700
USC Health & Dental Plan (optional) $1200
Total $6200
International students add UHIP Health Insurance (mandatory) $820

** Some international students at Western University are eligible to pay Canadian domestic tuition fees. Please see the Western Registrar's site for more information.

***Tuition and fee amounts are reviewed annually by Western University and are subject to change. For the most current and official fee schedules, please visit the Western Registrar’s website: https://registrar.uwo.ca/student_finances/fees_refunds/fee_refund_schedules.html

Tuition & Fees Payment Schedule

Tuition and fees are payable in three instalments over the course of the program. Each amount shown below reflects the portion of tuition plus ancillary & program fees that is due on the date indicated, after factoring in any deposit paid and scholarships awarded.

Due Date Amount Due
January 8, 2027 1/3 of tuition + ancillary & program fees - deposit - scholarship
May 7, 2027 1/3 of tuition + ancillary fees
September 8, 2027 1/3 of tuition + ancillary fees

Note: Fee schedules are subject to annual review and change.

Methods of Payment

You will pay tuition to your Western student account.  Methods of payment can be found on the Registrar's Office website.

Apply for Permanent Residents (PR) Status

If your Permanent Residency (PR) is approved after you begin the program, you may be eligible to have your tuition changed from International to Domestic. Domestic tuition eligibility is determined by Western University and the Province of Ontario; full criteria are available here: https://www.registrar.uwo.ca/student_finances/fees_refunds/who_pays_canadian_tuition_fees.html

To be reclassified, you must submit your final PR documentation to the Office of the Registrar by the submission deadline for that academic term. These deadlines occur once per term (typically late October for Fall, late January for Winter, and late June for Summer) and tuition cannot be adjusted retroactively for a term whose deadline has passed. Please refer to Western’s Graduate Calendar of Events for the most current deadline schedule: ttps://grad.uwo.ca/academics/calendar_of_events.html

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

The below is an approximate breakdown of the fees associated with living in London, Ontario based on beginning our program in March 2026.  Rental fees in particular do vary depending on rental property selected, whether it is furnished and the number of occupants.

Note: The City of London Bus Pass is included in your tuition and fees

Living Expenses Monthly Estimates*

Rent:

  • One Bedroom Unfurnished
  • Two Bedroom Unfurnished
  • Renting a Room in a Student House

Note: These starting rental rates do vary depending on the location and in-suite and building amenities offered.

 

$1,450+
$1,750+
$700+

Apartment Liability Insurance (approximate range of $15-$20 per month) $18-20

Utilities (i.e. Personal electricity is approximately $50 and home internet is between $50 and $85 depending on bandwidth)

$100+
Food $500
Cell Phone (range: $45 - $80) $80

Miscellaneous (i.e.: clothing, movies, laundry)

$425

 *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.

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