If you’re considering an Executive MBA (EMBA) at the Institute of Business Administration (IBA), University of Dhaka, it’s important to know about the cost associated with the program. Let’s breakdown the fees and other financial cost that you should expect if you admit into IBA Executive MBA.
Admission and Application Fees of IBA Executive MBA
Below is the fees that are associated with the admission and during application of the intake exam:
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Application Fee: BDT 4,050 (inclusive of online processing fee)
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Admission Test Fee: Included in the application fee
- Admission Fee: BDT 25,000
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Orientation Fee: BDT 1,000
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Registration Fee: BDT 1,000
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Migration Fee: BDT 1,000 (if applicable)
Note: These fees are subject to change; always follow the latest official announcements for accurate information.
Semester and Course Fees
After the admission is done, below are the fees associated with the courses you’ll take to complete the program:
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Tuition Fee per Course: BDT 12,000
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Minimum Courses per Semester: 2
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Maximum Courses per Semester: 3
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Total Credits for Program: 36 (12 courses)
Example: If you take 3 courses per semester, the tuition fee per semester would be BDT 36,000.
Additional Fees
Beyond tuition, several other fees that EMBA students should pay:
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IBA Development Fund: BDT 5,000 (one-time)
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IT Center Development Fee: BDT 4,000 (one-time)
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Library Development Fee: BDT 4,000 (one-time)
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Library Security Money: BDT 4,000 (refundable)
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Student Welfare Fund: BDT 500 (one-time)
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Hall Charge: BDT 2,500 (if applicable)
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ID Card Fee: BDT 250 (one-time)
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Examination Fee: BDT 5,000 per semester
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Teaching Aid & Support Service Fee: BDT 6,000 per semester
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Infrastructure & Maintenance Fee: BDT 3,000 per semester
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Journal Fee: BDT 500 per semester
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Extra-Curricular Fee: BDT 500 per semester
Note: Some fees are one-time payments, while others recur each semester.
Total Estimated Cost
Assuming a standard 1.5-year duration (approximately 4 semesters) and enrolling in 3 courses per semester, the estimated total cost would be:
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Tuition Fees: BDT 144,000 (3 courses x BDT 12,000 x 4 semesters)
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Additional Fees: BDT 104,250 (sum of all applicable fees)
Total Estimated Cost: BDT 248,250
Note: This estimate does not include optional fees such as hall charges or additional courses.
Financial Aid and Scholarships
IBA offers limited financial assistance to deserving students. It’s advisable to contact the EMBA Program Office for information on available scholarships or financial aid options.
Frequently Asked Questions (FAQs)
1. What is the duration of the EMBA program?
The exact duration of IBA EMBA is 1 year and 4 months, divided into 4 semesters.
2. Can I work while pursuing the EMBA?
Yes, classes are held on weekends (Fridays and Saturdays), allowing you to maintain full-time employment.
3. Are there any additional costs not mentioned?
Optional expenses may include hall charges, additional courses, or study materials. It’s recommended to consult with the EMBA Program Office for a comprehensive list.
4. How can I apply?
Applications are submitted online through the official IBA website.
5. What are the eligibility criteria?
Applicants must have a bachelor’s degree with a minimum CGPA of 2.50 (on a 4.00 scale) and at least five years of full-time managerial work experience.
Conclusion
The Executive MBA program at IBA, University of Dhaka, offers a comprehensive curriculum designed for working professionals. While the financial commitment is significant, the program’s flexibility and the value of the degree can make it a worthwhile investment in your career.
For the most accurate and up-to-date information, always refer to the official IBA website or contact the EMBA Program Office directly.