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sp-jain-master-of-artificial-intelligence-in-business

Program

Fees & Other Charges

OCTOBER 2021 INTAKE

We are offering 20% discount for our inaugural cohort. Please check the fee structure below for the amount payable after the discount:

Compulsory Program Fees
Academic Year     Year 1
2021-22
Year 2
2022-23
Total Fees
for 2 years
Campus     Mumbai Mumbai Mumbai
Currency     INR INR INR
Tuition Fee     14,16,000 14,97,125 29,13,125
Inaugural Discount @ 20%     2,83,200 2,99,425 5,82,625
Total Compulsory Tuition Fees     11,32,800 11,97,700 23,30,500
Registration Fee*     1,93,520 0 1,93,520
Lab, books, course materials, cases, simulations     32,450 32,450 64,900
Out-of-classroom activities (mandatory), external visits     32,450 32,450 64,900
Total Compulsory Non-Tuition Fees     2,58,420 64,900 3,23,320
Total Compulsory Fees     13,91,220 12,62,600 26,53,820
Health Insurance Charges**     15,340 15,340 30,680

 

COMPULSORY PROGRAM FEES SUMMARY
Total Compulsory Fees comprises:
Total Compulsory Tuition Fees INR 23,30,500
Total Compulsory Non-Tuition Fees INR 3,23,320
Total Compulsory Fees INR 26,53,820
- - - -

  • *Includes various administrative costs like subscriptions, software, internet, database management, learning management systems, etc.
  • **Figures mentioned are indicative.
  • The fees mentioned above are inclusive of 18% GST.


Notes:

  • Student life activities include curated industry visits, guest sessions and networking meets, and cultural, philanthropic and social engagement activities/events aimed at enhancing the holistic student life experience.
  • The tuition fees are to be paid per year. All other fees are to be paid prior to the commencement of the program/academic year.
  • All airfares/travel charges are to be borne separately by students.
  • Students need to find housing in Mumbai and the cost of housing is to be borne separately by students.
  • Fees are subject to change at the discretion of the School.
  • Non-payment of fees may lead to cancellation of Admission.

Laptop:

All students are expected to bring a laptop for their exclusive use. Specifications will be given at the time of admission. Students may buy their own laptop as per the specifications given by SP Jain.

 

LIVING COSTS

We estimate that one would spend INR 15,000 per month in Mumbai on living costs (food and travel). These are indicative costs and are subject to an individual's lifestyle.

 

Payment Timeline

  • Last date for payment of all fees:

Year 1
2021-22
August 31, 2021

Year 2
2022-23
August 31, 2022

 
  • The School shall levy interest @ 15% p.a. for all fees received after the due date.
 

 

Additional Non-Tuition Fees (non-mandatory)


Students who do not satisfactorily complete a subject may have an opportunity to repeat the subject via independent studies or may be asked to take retests. The exact fees for independent studies, retests, etc. are set out in the Student Handbook and listed below:

Sr. No. Components Charges (in AUD)
1. Re-evaluations (per unit) 30
2. Re-test (per unit) 300
3. Independent Study (per unit) 1,500
4. Duplicate Degree 100
5. Duplicate Graduation Statement 30
6. Duplicate Record of Result 30
7. Postal Charges (per package) within India* 20
8. Postal Charges (per package) outside India* 30
- - -

*Minimum charges

Refund Policy

 

Scholarships

SP Jain, in its endeavour to encourage meritorious students to excel further in their academic and career paths, is inclined (without any commitment) to offer scholarships to selective candidates joining the Master of Artificial Intelligence in Business (MAIB) program.

 

Student Handbook

For more information, please refer to our Student Handbook:

FEBRUARY 2022 INTAKE

We are offering 20% discount for our inaugural cohort. Please check the fee structure for the amount payable after the discount:

Compulsory Program Fees
Academic Year     Year 1
2022-23
Year 2
2023-24
Total Fees
for 2 years
Campus     Sydney Sydney Sydney
Currency     AUD AUD AUD
Tuition Fee     31,250 33,125 64,375
Total Compulsory Tuition Fees     31,250 33,125 64,375
Registration Fee*     3,000 0 3,000
Lab, books, course materials, cases, simulations     500 500 1,000
Out-of-classroom activities (mandatory), external visits     500 500 1,000
Total Compulsory Non-Tuition Fees     4,000 1,000 5,000
Total Compulsory Fees     35,250 34,125 69,375
Inaugural Discount @ 20% on Tuition Fee     6,250 6,625 12,875
Total Compulsory Fees after Discount     29,000 27,500 56,500
Health Insurance Charges**     1,100 - 1,100

 

COMPULSORY PROGRAM FEES SUMMARY
Total Compulsory Fees comprises:
Total Compulsory Tuition Fees AUD 64,375
Total Compulsory Non-Tuition Fees AUD 5,000
Total Compulsory Fees AUD 69,375
Inaugural Discount @ 20% on Tuition Fee AUD 12,875
Total Compulsory Fees after Discount AUD 56,500
- - - -

  • *Includes various administrative costs like subscriptions, software, internet, database management, learning management systems, etc.
  • **Figures mentioned are indicative. To facilitate coverage of health insurance during your stay in Australia (a mandatory requirement for the Australian Student Visa), the School has tied up with Bupa, Australia for the OSHC policy. The premium for 2 years is to be paid upfront as it is mandatory to take the policy for 2 years.

 

VISA

Australia visa: Students would be personally responsible for obtaining the visa. SP Jain would facilitate and assist with all the documentation. Visa fees would be paid by students as applicable. Students are required to demonstrate sufficient financial resources to cover their expenses towards tuition fees, living, travel and/or any other personal expenses. We recommend that students familiarise themselves with the visa requirements to ensure their eligibility for issuance of a student visa. Click here for full details on student visas for Australia.

 

Notes:

  • Student life activities include curated industry visits, guest sessions and networking meets, and cultural, philanthropic and social engagement activities/events aimed at enhancing the holistic student life experience.
  • The tuition fees are to be paid per year. All other fees are to be paid prior to the commencement of the program/academic year.
  • Fees are payable at SP Jain's Sydney campus.
  • All airfares/travel charges are to be borne separately by students.
  • Fees are subject to change at the discretion of the School.
  • Non-payment of fees may lead to cancellation of Admission.

 

Laptop:

All students are expected to bring a laptop for their exclusive use. Specifications will be given at the time of admission. Students may buy their own laptop as per the specifications given by SP Jain.

 

LIVING COSTS

We estimate that one would spend AUD 600 per month in Sydney on living costs (food and travel). These are indicative costs and are subject to an individual's lifestyle.

 

Payment Timeline

  • Last date for payment of all fees:

Year 1
2022-23
October 1, 2021

Year 2
2023-24
October 1, 2022

 
  • The School shall levy interest @ 15% p.a. for all fees received after the due date.
 

 

Additional Non-Tuition Fees (non-mandatory)


Students who do not satisfactorily complete a subject may have an opportunity to repeat the subject via independent studies or may be asked to take retests. The exact fees for independent studies, retests, etc. are set out in the Student Handbook and listed below:

Sr. No. Components Charges (in AUD)
1. Re-evaluations (per unit) 30
2. Re-test (per unit) 300
3. Independent Study (per unit) 1,500
4. Duplicate Degree 100
5. Duplicate Graduation Statement 30
6. Duplicate Record of Result 30
7. Postal Charges (per package) within India* 20
8. Postal Charges (per package) outside India* 30
- - -

*Minimum charges

Refund Policy

 

Scholarships

SP Jain, in its endeavour to encourage meritorious students to excel further in their academic and career paths, is inclined (without any commitment) to offer scholarships to selective candidates joining the Master of Artificial Intelligence in Business (MAIB) program.

 

Student Handbook

For more information, please refer to our Student Handbook:

Study on campus in Dubai, Sydney and Singapore
February 2021 Intake
COMPULSORY PROGRAM FEES

 

  (For full program – on campus in Dubai, Sydney and Singapore) (For 16 weeks at Onshore Sydney Campus)
Currency AUD AUD
Tuition Fee 44,000 14,667
Value Added Tax (VAT) for Dubai Term Tuition Fees 730 -
Total Compulsory Tuition Fees 44,730 14,667
Registration Fee* 7,000 -
Housing – all 3 campuses (inclusive of transport to the campus for Dubai only)
This cost is based on standard housing offering
18,000 7,200
Course Material (including e-books, cases, simulations) 1,800 600
Student Life Activities 2,000 667
Visa Charges for Dubai** 1,350 -
Visa Charges for Singapore** 250 -
Health Insurance Charges for Dubai and Singapore 667 -
Value Added Tax (VAT) on Student Life Activities for Dubai Term 30 -
Total Compulsory Non-Tuition Fees 31,097 8,467
Total Compulsory Fees 75,827 23,134
Health Insurance Charges for Australia*** 333 333
Health Insurance Charges**** - -

 

Compulsory Program Fees
Compulsory Fees comprises: