What is the breakdown of INSEAD MBA fees for 2024, including tuition and additional costs?

Question

Nitin Chauhan · Accepted Answer

The INSEAD MBA for 2024 comes with a few main expenses to consider. First, there&rsquo;s the tuition fee, which, for the August 2024 intake, is &euro;99,500, and for the January 2025 intake, it&rsquo;s &euro;103,500. This tuition covers essentials like course materials, library access, IT services, and health insurance, so you won&rsquo;t have to pay separately for these, making the INSEAD MBA experience quite comprehensive. For those considering the Business Foundations Programme, there&rsquo;s an extra cost&mdash;&euro;2,000 for the in-person session in August and &euro;1,500 for the online option in January.
Living expenses can vary depending on your campus location and lifestyle, but a good estimate is around &euro;2,000 to &euro;2,500 monthly. Additionally, there are travel costs if you plan to participate in exchanges or job searches in other regions. Factoring in all these costs, it&rsquo;s wise to budget accordingly, ensuring you&rsquo;re prepared for the financial commitment of the INSEAD MBA program.
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Prateeksha Manral · Answer

The INSEAD MBA program for the 2024&ndash;2025 academic year has the following tuition fees:
August 2024 Intake: &euro;99,500January 2025 Intake: &euro;103,500
Insead MBA tuition fee covers your core educational experience, All printed course materials, access to the INSEAD library, On-campus IT services, Language tuition and testing, Student council fees,Gym access,  Business cards, Printing, Health insurance.
However, beyond tuition, there are additional costs you should consider to get a realistic idea of your total expenses.
On top of tuition, you&rsquo;ll likely spend around &euro;25,000&ndash;&euro;30,000 on other essentials, depending on your lifestyle and campus location. Here&rsquo;s a rough breakdown:

Accommodation: Housing can vary significantly. INSEAD&rsquo;s campuses are in Fontainebleau (France) and Singapore, where rental costs differ. Expect to spend about &euro;12,000&ndash;&euro;20,000 for the full program, depending on the type of accommodation you choose and the city&rsquo;s cost of living.
Food and Living Expenses: Daily expenses, like groceries, eating out, and other personal costs, generally add up to about &euro;6,000&ndash;&euro;8,000.
Books and Study Materials: Course materials aren&rsquo;t usually covered in tuition, so allocate around &euro;1,500&ndash;&euro;2,000 for these.Travel and Commuting: If you plan to travel between campuses or explore the region, expect to set aside roughly &euro;3,000&ndash;&euro;4,000.
Health Insurance: Health coverage is mandatory, so expect an additional &euro;1,500 to ensure you&rsquo;re covered for the program duration.

The overall cost of the INSEAD MBA can total approximately &euro;120,000&ndash;&euro;130,000, covering essentials and providing a cushion for unexpected expenses.

Manav K · Answer

The cost of pursuing an MBA at INSEAD in 2024 involves more than just tuition fees, with additional expenses for living, travel, and optional programs. Here&rsquo;s a detailed breakdown to help you budget effectively.
Tuition Fees
For the August 2024 intake, the tuition fee is &euro;99,500, while the January 2025 intake costs &euro;103,500. These fees cover a range of services, including course materials, library access, IT support, student council fees, health insurance, gym access, language courses and tests, printing, and business cards.
Additional Costs

Accommodation: Depending on the campus, living expenses are around &euro;10,000 in Fontainebleau and &euro;12,800 in Singapore for the duration of the program.
Meals: Dining costs are estimated at &euro;6,300.
Local Transport: Approximately &euro;660 to cover commuting costs.
Books and Materials: Budget around &euro;250 for required study materials.
Miscellaneous Expenses: Personal costs, including relocation, are estimated at &euro;1,500.

Optional Expenses
There are additional optional costs that vary by individual needs:

Business Foundations Programme: This pre-course program costs &euro;2,000 for the August intake (in-person) and &euro;1,500 for the January intake (online).
Field Trips: An estimated &euro;2,700 for global exposure opportunities.
Car Lease (Fontainebleau): If required, leasing a car for campus commuting costs around &euro;3,900.Laptop Purchase: Approximately &euro;1,000, if you don&rsquo;t already own a suitable device.
Travel for Exchange or Job Search: Allocating around &euro;2,000 is recommended.

The total cost of the INSEAD MBA can vary based on your campus choice and lifestyle preferences. Planning for these expenses alongside tuition ensures a smooth experience during your MBA journey, letting you focus on academics and career growth.