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sp-jain-master-of-artificial-intelligence-in-business

Master of AI in Business: Fee Structure

CRICOS Provider Code: 03335G | CRICOS Course (MAIB) Code: 105431D

PROGRAM

FEES & OTHER CHARGES

STUDY ON-CAMPUS IN SYDNEY
March 2025 Intake
COMPULSORY PROGRAM FEES
Academic Year     Year 1 (2025-26) Year 2 (2026-27) Total Fees for 2 Years 
Campus     Sydney Sydney Sydney
Currency     AUD AUD AUD
Tuition Fee*     34,250 36,125 70,375
Total Compulsory Tuition Fees     34,250 36,125 70,375
BUPA insurance 2yrs     2,000   2,000
Total Compulsory Fees     36,250 36,125 72,375

 


  • Includes various administrative costs like subscriptions, software, internet, database management, learning management systems, etc.
  • Includes e-books, course materials, cases, simulations -all e-books and e-materials will be in read-only format.
  • ***Figures mentioned are indicative. To facilitate coverage of health insurance during your stay in Australia (a mandatory requirement for the Australian Student Visa), the School has tied up with Bupa, Australia for the OSHC policy. The premium for 2 years is to be paid upfront as it is mandatory to take the policy for 2 years.

 

VISA

Australia visa: Students would be personally responsible for obtaining the visa. SP Jain would facilitate and assist with all the documentation. Visa fees would be paid by students as applicable. Students are required to demonstrate sufficient financial resources to cover their expenses towards tuition fees, living, travel and/or any other personal expenses. We recommend that students familiarise themselves with the visa requirements to ensure their eligibility for issuance of a student visa. Click here for full details on student visas for Australia.

 

Notes:

  • Student life activities include curated industry visits, guest sessions and networking meets, and cultural, philanthropic and social engagement activities/events aimed at enhancing the holistic student life experience.
  • The tuition fees are to be paid per year. All other fees are to be paid prior to the commencement of the program/academic year.
  • Fees are payable at SP Jain's Sydney campus.
  • All airfares/travel charges are to be borne separately by students.
  • Fees are subject to change at the discretion of the School.
  • Non-payment of fees may lead to cancellation of Admission.

 

Laptop:

All students are expected to bring a laptop for their exclusive use. Specifications will be given at the time of admission. Students may buy their own laptop as per the specifications given by SP Jain.

 

LIVING COSTS

We estimate that one would spend AUD 600 per month in Sydney on living costs (food and travel). These are indicative costs and are subject to an individual's lifestyle.

 

Payment Timeline

  • Last date for payment of all fees:

Year 1
2025-26
December 1, 2024

Year 2
2026-27
December 1, 2025

 
  • The School shall levy interest @ 15% p.a. for all fees received after the due date.
 

 

Additional Non-Tuition Fees (non-mandatory)


Students who do not satisfactorily complete a subject may have an opportunity to repeat the subject via independent studies or may be asked to take retests. The exact fees for independent studies, retests, etc. are set out in the Student Handbook and listed below:

Sr. No. Components Charges (in AUD)
1. Re-evaluations (per unit) 30
2. Re-test (per unit) 300
3. Independent Study (per unit) 1,500
4. Duplicate Degree 100
5. Duplicate Graduation Statement 30
6. Duplicate Record of Result 30
7. Postal Charges (per package) within India* 20
8. Postal Charges (per package) outside India* 30
- - -

*Minimum charges

Refund Policy

 

Scholarships

SP Jain, in its endeavour to encourage meritorious students to excel further in their academic and career paths, is inclined (without any commitment) to offer scholarships to selective candidates joining the Master of Artificial Intelligence in Business (MAIB) program.

 

Student Handbook

For more information, please refer to our Student Handbook:

 
VIEW STUDENT HANDBOOK

 

 

March 2025 Intake
COMPULSORY PROGRAM FEES
Academic Year     Year 1 (2025-26) Year 2 (2026-27) Total Fees for 2 Years
Campus     Dubai Dubai Dubai
Currency     USD USD USD
Tuition Fee*     17,640 18,270 35,910
Total Compulsory Tuition Fees     17,640 18,270 35,910
Visa Charges and Health Insurance Charges for Dubai **     1,500 1,500 3,000
Total Compulsory Fees     19,140 19,770 38,910

 

Notes:

  • * Tuition fees are inclusive of VAT.
  • Housing is optional. Students may opt to take up S P Jain's housing or find accommodation on their own.
  • Insurance and visa costs are indicative and may change based on the insurance provider and immigration authorities’ charges.
  • **Exception – Students who do not need a visa for Dubai (e.g. resident’s/ PR holders, etc.) need not pay visa charges. On completing the program in Dubai, the visa would need to be cancelled. The visa charge covers the cancellation charge.

Note - If Govt regulations do not permit face to face delivery, The School may deliver the course in an online mode to enable no disruption in student learning and completion with no change in fees.

 

Laptop:

All students are expected to bring a laptop for their exclusive use. Specifications will be given at the time of admission. Students may buy their own laptop as per the specifications given by SP Jain.

 

LIVING COSTS

We estimate that one would spend the amount listed below, per month, on living costs (food and travel). These are indicative costs and are subject to an individual's lifestyle.

City Estimated living costs (food and travel) per month
Dubai AED 700

 

Payment Timeline

  • Last date for payment of all fees:

Year 1
2025-26
December 1, 2024

Year 2
2026-27
December 1, 2025

 
  • Please note there will be a late payment fee of USD 500 + 0.7% interest for every month if any instalment is missed.
 

 

Additional Non-Tuition Fees (non-mandatory)


Students who do not satisfactorily complete a subject may have an opportunity to repeat the subject via independent studies or may be asked to take retests. The exact fees for independent studies, retests, etc. are set out in the Student Handbook and listed below:

Sr. No. Components Charges (in AUD)
1. Re-evaluations (per unit) 30
2. Re-test (per unit) 300
3. Independent Study (per unit) 1,500
4. Duplicate Degree 100
5. Duplicate Graduation Statement 30
6. Duplicate Record of Result 30
7. Postal Charges (per package) within India* 20
8. Postal Charges (per package) outside India* 30
- - -

*Minimum charges

Refund Policy

 

Scholarships

SP Jain, in its endeavour to encourage meritorious students to excel further in their academic and career paths, is inclined (without any commitment) to offer scholarships to selective candidates joining the Master of Artificial Intelligence in Business (MAIB) program.

 

Student Handbook

For more information, please refer to our Student Handbook:

 
VIEW STUDENT HANDBOOK

 

 

Option 1: Study on campus in Dubai, Sydney and Singapore
(Four months of academic study at each of our three campuses)
October 2020 Intake
Fee Details     USD
A. Payable by all students      
Registration Fee     5,000
Tuition Fee     25,600
B. Payable by students requiring a student visa      
Visa charges - Dubai*     950
Visa charges - Singapore     165
Visa charges - Australia   Students to obtain the same
C. Payable towards hostel accommodation and student life activities (both compulsory)      
Hostel Accommodation**
Inclusive of transport to campus (Dubai only)		     12,910
Student Life Activity Fee (all campuses)     1,500
D. Course materials (including e-books), cases, simulations     1,300
E. Medical Insurance     750
F. 5% VAT – Dubai     449
TOTAL     USD 48,624
Total Tuition Fees USD 25,600
Total Non-Tuition Fees USD 23,024
Total Non-Tuition Fees USD 23,024

 

  • *On completing the program in Dubai, the visa will need to be cancelled. The visa charge covers the cancellation charge.
  • **The housing costs charged are only for the 12-month period that students study at SP Jain campus. These do not include the 4-month internship tenure. Housing costs for the internship period are to be borne by the students separately. SP Jain will offer on-campus accommodation, provided the same is available, on a first-come first-serve basis, at an additional cost.

Please refer to the ‘Note’ section

Option 2: Study on campus in Mumbai
(All 12 months of academic study at our Mumbai campus)
October 2020 Intake
Fee Details     INR
A. Registration Fee     3,54,000
B. Tuition Fee     16,28,400
C. Course Materials (including e-books), cases, simulations     1,18,000
D. Student Life Activity Fee (all campuses)     70,800
E. Medical Insurance     15,000
TOTAL     INR 21,86,200
Total Tuition Fees INR 16,28,400
Total Non-Tuition Fees INR 5,57,800
Total Non-Tuition Fees USD 23,024

 

The fees mentioned above are inclusive of 18% GST

Start on campus in Mumbai with an option to move to other campuses

 

If you wish to start your studies at our campus in Mumbai and continue Term 2 or Term 3 or both the terms at our other campuses in line with our tri-city model, please write to the Admissions Team (mgb@spjain.org) and the team will personally assist you with a customised fee structure.

 

NOTE

  • Non-payment of fees may lead to cancellation of Admission.
  • On-campus housing is compulsory in Dubai, Singapore and Sydney and you cannot stay off-campus. The program demands much preparation, group study and peer learning. Staying together on campus facilitates a smoother learning process for all participants, allowing them to benefit from teamwork, individual talents, cross-cultural exposure and more.
  • Fees are payable at SP Jain’s Dubai campus. Fees for studying in Mumbai are payable at SP Jain's Mumbai campus.
  • Student life activities include curated industry visits, guest sessions and networking meets, and cultural, philanthropic and social engagement activities/events aimed at enhancing the holistic student life experience.
  • All airfares would be borne separately by students.
  • Accommodation costs include hostel charges in Dubai, Singapore and Sydney. The hostel accommodation fees do not include meal costs.
  • A variety of food plans are available to students. It is normal to spend around AED 700 in Dubai or SGD 500 in Singapore or AUD 600 in Sydney or INR 15,000 in Mumbai, per month, towards food and other living costs. (These are indicative costs and are subject to an individual's lifestyle)
  • Fees are subject to change at the discretion of the Institute.
  • The Singapore and Dubai visas will be processed by SP Jain.
  • The Australian visa needs to be processed by the students. SP Jain will assist students with the documentation. Details on student visas for Australia are available here. Students need to ensure that they fulfill all criteria for securing the visa.
  • Post completion of your degree, should you require the Knowledge and Human Development Authority (KHDA) attestation for your degree and transcripts (for students living or proposing to work in Dubai, UAE), the certificates will be given to you after the attestation which will take a month from your date of graduation. There is a cost to be borne by students for the KHDA attestation which will be communicated to you at the time of graduation (at present, the cost is AED 220).

Payment Timeline

Last date for payment of all fees/monies – September 10, 2020**

**Payments received post the last date of September 10, 2020 will carry an interest rate of 15% p.a.


ADDITIONAL NON-TUITION FEE CHARGES (NON-MANDATORY)

Sr. No. Components Charges (in AUD)
1. Re-evaluations (per unit) 30
2. Re-test (per unit) 300
3. Independent Study (per unit) 1,500
4. Duplicate Degree 100
5. Duplicate Graduation Statement 30
6. Duplicate Record of Result 30
7. Postal Charges (per package) within India* 20
8. Postal Charges (per package) outside India* 30
  *Minimum charges  
3.    


SCHOLARSHIPS   REFUND POLICY  STUDENT HANDBOOK

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© 2024 S P Jain School of Global Management

S P Jain School of Global Management Pty. Ltd. Provider Category: Institute of Higher Education. TEQSA Provider Identification: PRV12041. CRICOS Provider Code: 03335G.

Permitted by the Knowledge and Human Development Authority. The academic qualifications granted by this institution and certified by KHDA shall be recognised in the Emirate of Dubai by all public and private entities for all purposes.

© 2024 S P Jain School of Global Management

S P Jain School of Global Management Pty. Ltd. Provider Category: Institute of Higher Education. TEQSA Provider Identification: PRV12041. CRICOS Provider Code: 03335G.

Name of PEl (Private Education Institution): S P Jain School of Global Management | Registered with Skills Future Singapore Agency (SSG) | PEI Registration Number: 200516544Z | Period of Registration: 09 May 2023 to 08 May 2029.

Permitted by the Knowledge and Human Development Authority. The academic qualifications granted by this institution and certified by KHDA shall be recognised in the Emirate of Dubai by all public and private entities for all purposes.

© 2024 S P Jain School of Global Management

S P Jain School of Global Management Pty. Ltd. Provider Category: Institute of Higher Education. TEQSA Provider Identification: PRV12041. CRICOS Provider Code: 03335G.

Permitted by the Knowledge and Human Development Authority. The academic qualifications granted by this institution and certified by KHDA shall be recognised in the Emirate of Dubai by all public and private entities for all purposes.

© 2024 S P Jain School of Global Management

Please note that this program is not proved or attested by KHDA

S P Jain School of Global Management Pty. Ltd. CRICOS Provider Code: 03335G