ALU School of Business

Business Leadership, Redefined for Africa.

  • ABOUT
  • PROGRAMS
    • EMBA
      • OVERVIEW
      • ADMISSION
    • EXECUTIVE EDUCATION
  • Community
  • ALUSB Blog
  • Contact Us

FINANCING

Upcoming Events

EMBA Programme Costs

Below is a breakdown of costs associated with the EMBA programme. Travel and accommodation
costs are estimated based on average flight and hotel costs—these are not paid to ALUSB.

EMBA Programme Tuition

Year 1: Tuition $15,000
Year 2: Tuition $15,000
Total Tuition $30,000

Additional Costs

Estimated Airfare Per Year*$1,500

Estimated Accommodation
Per Year**
$630 – $4,200

Estimated Additional Costs$2,130 – $5,700

* The cost of airfare is estimated at $500 per intensive.
** The cost of accommodation is estimated  at $30 – $200 per night

Installment Option

You can apply to pay your tuition in one of three instalment options:

One Payment

1 x $30,000 payment

Before programme start and receives a 5% discount ($1,500) on tuition.

Two Payments

2 x $15,000 payments

Your first payment is due before the programme starts and the second instalment is paid in the following calendar year.

Six Payments

1 payment x $7,500
5 payments x $4,500

Your first payment is due before the programme starts and then five subsequent instalments are made every 3 months after that.

EMBA Funding Options

Most students will fund their annual tuition and travel expenses through
 a combination of sources, including:

1

Employer Sponsorship

Generous employer benefits are available for organisations fully or partially sponsoring employees in the ALUSB EMBA. Download the latest employer benefits here. Contact EMBA@alusb.com for assistance in helping you make the case for funding to your employer.

2

Chairman’s Scholarship

The Chairman’s Scholarship is a $15,000 award for excellence in leadership. Two awards are available for the October 2021 EMBA class. This scholarship recognises African business leaders with a track record of leading both in the workplace and the community. 

3

Partial Scholarship

Partial scholarships offering up to $9,000 each, to support:

  • Women’s Scholarship
  • Leader’s Scholarship
  • Social Impact Scholarship
  • Rwandan Vision 2050 Scholarship
  • Agribusiness Scholarship
  • Tech Scholarship
  • Bourse pour l’Emergence des Leaders Africains
  • Scholarship for Leaders in Healthcare
  • Creative Arts Scholarship
  • North African Scholars programme
  • Scholarship for the African Diaspora

Are available to admitted candidates. Applicants must first gain admission to the EMBA programme before they can apply.

Additional Funding Options

In addition to Employer Sponsorship students have drawn from following sources to fund their EMBA:

  • SELF FUNDING

    We expect you to finance at least a part of your EMBA education through your savings and earnings.

  • BANK LOANS

    We encourage you to explore all options that may be available to you, including bank loans.

  • FAMILY SPONSORSHIP

    Where possible, family support can be a good and flexible option to finance your EMBA education.

Financial Assistance Process

These steps layout the ALUSB financial assistance process:

1. Gain Admission to the EMBA programme.

2. Explore and consider employer funding. The Admissions Team is on hand to guide and advise you.

3. Apply for financial aid via your post-admission portal. 

4. Once you have heard from the Financial Aid team, confirm your seat and pay your deposit to the programme.

Chairman’s Scholars

This scholarship seeks to celebrate leadership in the private or public sector by recognizing
African business leaders with a track record leading both in the workplace and in the community.

ALU School of Business
  • About
  • EMBA
  • Community
  • ALUSB Blog
  • Contact Us
  • OVERVIEW
  • Help Center
Copyright © ALU School of Business Privacy Policy Who Designed This Website?