Accelerated MBA
For Business Graduates
Fees & Financing
The fee for Queen’s MBA for Business Graduates is an all-inclusive fee of $71,000, covering tuition, books, all learning materials, as well as meals and accommodation during the residential sessions held at Queen’s. The fee also includes all the software required for the program and in-house technical support.
An initial deposit of $2,000 (non-refundable) is required upon enrollment. The balance is paid in two installments – one just prior to the start of the program, and one mid-way through the program.
International students will be required to purchase the University Health Insurance Plan (UHIP) if they cannot provide evidence of equivalent coverage. A person is classified as a Domestic Student if they have Canadian citizenship, landed immigrant status, permanent resident status or dual Canadian citizenship. Key information can be found at http://quic.queensu.ca/incoming/uhip.asp
Fee Components
| Component | $CDN |
|---|---|
| Tuition | $61,688 |
| Books and Materials | $2,300 |
| Residential Sessions | $7,012 |
| Total | $71,000 |
Fee Schedule
| Installment | Due Date | $CDN |
|---|---|---|
| Deposit | Upon Enrollment | $2,000 |
| First | January 1, 2014 | $33,500 |
| Second | May 1, 2014 | $35,500 |
| Total | $71,000 | |
Personal Income Tax Treatment of Tuition Fees
Queen's Executive MBA participants who pay all or part of the program fee personally are eligible to claim a tuition tax credit. Typically, tax savings are equivalent to 25% of the eligible tuition fee.
For more information, ask a professional income tax advisor to give you an assessment of the full impact of fees on your personal income tax situation.
RRSP Withdrawals
You and your spouse may be eligible to make tax-free withdrawals from your RRSPs of up to $20,000 each over two years to help fund your education. Please contact your income tax advisor for details.
Corporate Sponsorship
Sponsoring an employee in Queen's Executive MBA is a wise and cost-effective business decision for organizations, since they will be adding to the skill set of their most promising managers.
To help you seek support from your organization, we have created a downloadable brochure entitled Queen's Executive MBA – The Case for Sponsorship. You can also contact our program office for full details.
Academic Scholarships
Queen's is pleased to offer a limited number of scholarships to outstanding applicants. Please speak to an Application Advisor for more details.
Student Line of Credit
Queen’s School of Business has partnered with the local Kingston branches of two Canadian banks, RBC Royal and TD Canada Trust, to offer a student line of credit tailored to your needs. We recommend you contact the local Kingston branches below as they are familiar with our MBA program and your financing needs. We have requested specific individuals from each branch to handle your questions and loan applications.
Acceptance to the Queen’s MBA program does not guarantee or imply qualification for financing.
RBC Royal Bank
Canadian citizens and permanent residents of Canada only.
Michael.vieira@rbc.com
613.985.5991
TD Canada Trust
Canadian citizens, permanent residents of Canada and international students with a strong Canadian
co-borrower.
mark.rundle@td.com
