Program and Academic Fees for the International Master in Business at SDA Bocconi Asia Center

Introduction:
Embarking on a transformative educational journey often comes with financial considerations. For prospective students eyeing the International Master in Business (IMB) at SDA Bocconi Asia Center, understanding the program and academic fees is crucial. In this guide, we break down the cost structure, installment details, and additional expenses associated with the IMB.

Program and Academic Fees Breakdown:

1. Admission Fee: ₹ 2,75,000

• This initial fee secures your place in the program and covers the administrative costs associated with the admission process.

1. Tuition and Academic Fee (Includes Milan Semester Tuition Fee): ₹ 16,65,000

• This substantial portion covers the academic expenses, including tuition fees for the Milan Semester. The fee is paid in installments, and specific details are provided with the offer letter to selected candidates.

1. Total Fees: ₹ 19,40,000

• The cumulative cost of the program, encompassing both the admission fee and the tuition/academic fee. It is important to note that taxes and cesses are applicable and payable as per the rates in effect during the payment period. (*Note: Some teaching materials are included in the fees, while certain texts may need to be purchased separately.)

Expenses for 4 Months Milan Semester:

• For the Milan Semester, students can anticipate additional costs. These estimates are subject to change and may vary based on individual choices and circumstances.

1. Airfare: approx. 800 Euros
   • An estimate for round-trip airfare to and from Milan.
2. Housing: approx. 600-800 Euros per month
   • Accommodation costs for a four-month stay in Milan.
3. Food: a meal at the university canteen is approx. 10 Euro
   • Estimated food expenses, considering a meal at the university canteen.
4. Public Transportation: approx. 30-35 Euros per month
   • Costs associated with public transportation, including a monthly pass.
5. Visa Fees and Stay Permit in Italy: approx. 350 Euros
   • Expenses related to visa fees and obtaining a stay permit in Italy.
   (*These are approximate figures and are subject to change.)

Conclusion:
Understanding the financial aspects of pursuing the IMB at SDA Bocconi Asia Center is crucial for prospective students. By breaking down the program and academic fees, as well as additional expenses for the Milan Semester, individuals can make informed decisions and plan their finances effectively for this enriching educational experience. It’s essential to stay updated on any changes in fees and expenses to ensure accurate financial planning.