MM Fees and Financing
MM Programme Costs
Below is a breakdown associated with the ALUSB Master of Management programme. The costs of living in Rwanda are estimated based on average accommodation and transport costs and are not payable to ALUSB.
MM Programme Tuition
Year 1: Tuition$9,000
Total tuition$9,000
Cost of living in Rwanda
Accommodation$2,400 – $4,000
Food$1,200 – $2,400
Transport$1,200
Miscellaneous$1,200
Total annual estimate$6,000 – $8,800

Instalment Options
The Master of Management programme tuition can be paid in up to three instalments. You are eligible for a 5% discount on your net tuition if you choose to pay in just one instalment.
Instalment 1
- Invoice issued: 28 May 2021
- Payment due: 14 June 2021
Instalment 2
- Invoice issued: 14 August 2021
- Payment due: 14 September 2021
Instalment 3
- Invoice issued: 14 November 2021
- Payment due: 14 December 2021
Net tuition refers to the total tuition ($9,000) minus any ALUSB scholarships or grants
MM Funding Options
We understand that funding the Master of Management Programme is a significant commitment. Candidates are encouraged to explore a combination of funding options to cover their tuition and living costs, including:
-
ALUSB MM COVID Resilience Fund
-
Savings & investments
-
External Scholarships
-
Employer Funding
-
Family loans
-
Bank loans
ALUSB MM COVID Resilience Fund
In the face of this challenging COVID-19 era, we at ALUSB remain fully aware of the strain that the last year has placed on people’s finances and ability to plan for the future with confidence. In recognition of these unprecedented times, we have established a COVID Resilience Fund that you can apply for to help you cover the tuition fees. This fund allows us to offer you a scholarship of 25% based on the subsidised $9,000 tuition.