Financing
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
Additional Costs
Estimated Airfare Per Year*$1,500
Estimated Accommodation
Per Year**$630 – $4,200
* 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:
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:
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.
