Fees and Financing

 

Enrollment Fee Tuition Total fees over one year
JPY 220,000 JPY 3,771,000 JPY 3,991,000
To be paid within one month of the Final Admission Result Notification To be paid in August  

Tuition for the Full-time MBA program is JPY 3,771,000.

There is an initial enrollment fee of JPY 220,000, which is to be paid within one month of the deadline for confirmation of enrollment.

The total cost for the 1-year Full-time MBA program is JPY 3,991,000, which is to be paid in full in August 2019.

Please note:

  • Any tuition paid for credits earned in the Pre-MBA (individual MBA courses) will be deducted from the Full-time MBA program's total.
  • You can extend the program beyond 1 year by paying the extension fee of JPY 262,000.

*The fees for our MBA programs will change for the 2020 intakes.  Click here for more details

 


Scholarships and Loans

GLOBIS Scholarships

GLOBIS Scholarships can cover up to 50% of tuition and are available to students who demonstrate the potential to contribute to the GLOBIS community through strong academic performance and exceptional leadership qualities. To further demonstrate academic capabilities we recommend scholarship applicants to submit a GMAT or GRE score during the application process.

The application for the GLOBIS Scholarship is submitted together with the MBA application. See the Admission Guide for full details.

The scholarship amount does not cover the following fees and expenses: enrollment fee, additional tuition for long-term enrollment, non-GLOBIS textbooks, extra-curricular expenses (ex. off-site elective courses) and living expenses.


GLOBIS Education Loans

GLOBIS University provides financial assistance to non-Japanese students who are expected to hold a student visa. If you are granted a loan, you are able to postpone up to 50% of the tuition until six months after graduation, while paying a small handling fee during the one year program. You will have a maximum of five years to complete repayment of the loan.


Scholarships from Other Organizations

Several organizations not directly related to GLOBIS provide scholarships for privately financed international students and/or Japanese students. Once applicants confirm their enrollment, our student services team is happy to assist with the application process(es). 


Specialized Practice Education and Training Benefits for the Full-time MBA Program

The MBA Programs under GLOBIS University have been designated as an education and training facility by the Ministry of Health, Labour and Welfare. If certain conditions are satisfied, the maximum benefits of 560,000 yen can be granted to the MBA students over 1 year. To see a sample application form, please click here.


Cost Summary

A single person can expect to pay at least 150,000 yen/month depending on housing and lifestyle. A 2-3 person family may expect to pay about 1.7 times the cost of a single person, but the actual cost may vary.

See the chart below for details.

Student Budget

as of 2017
Program Part-time MBA
(Online On-campus Hybrid/2 year)
Full-time MBA (1 year)
Status Single Family of 3 Single Family of 3
Tuition 2,984,000 2,984,000 3,981,000 3,981,000
Living Expenses* 3,920,400
(=163,350×24)
6,619,200
(=275,800×24)
1,960,200
(=163,350×12)
3,309,600
(=275,800×12)
Total 6,904,400 9,603,200 5,941,200 7,290,600

*Breakdown of living expenses

Monthly Estimate

    Single Family of 3
Housing Rent 64,800 108,000
Utilities (Electricity, Gas, Water) 11,000 16,000
Living Food 41,500 83,000
Internet 5,400 5,400
Mobile Phone 5,450 11,000
Recreation (including networking, eating out) 21,000 31,000
Insurance (National Health Insurance, JEES) 3,600 10,800
School-related Course Materials/Books (for students only) 2,100 2,100
Transportation (for students only) 8,500 8,500
  Total 163,350 275,800

 A note on up-front money

Furniture (depends on your apartment:
bed/futon, sheets, desk, refrigerator,
microwave, washer, TV, etc.)
about 50,000-80,000 yen
Key money/Deposit 1 month's rent each
Real Estate Fee, Guarantor, other insurance About 1 month's rent
Total 3 months' rent plus furniture

Please bring your own personal computer as PCs in Japan with English Operating Systems usually are more expensive.