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

Master of Artificial Intelligence in Business

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

PROGRAM

FEES & OTHER CHARGES

DOMESTIC STUDENTS
September 2026 INTAKE
COMPULSORY PROGRAM FEES
Total Program Cost in AUD Fee Per Credit Total Credits
70,875 1,541 46


Unit Code Unit Name CPs Unit Fees
Term 1
MAIB MAT 102 Mathematics of Artificial Intelligence 2 3,082
MAIB CSC 105 Introduction to Programming 2 3,082
MAIB DSC 102 Data Visualisation and Analytics 2 3,082
MAIB ECO 102 Economics 1 1,541
MAIB ACC 102 Financial Accounting 1 1,541
Term 2
MAIB AI 113  Machine Learning  2 3,082
MAIB DSC 103 Reasoning and Decision Making under Uncertainty 2 3,082
MAIB CSC 106 Data Structures and Algorithms 1 1,541
MAIB QTT 101 Optimisation 1 1,541
MAIB ORG 101 Organisational Behaviour 1 1,541
MAIB OPS 101 Operations Management 1 1,541
Term 3
MAIB AI 114 Deep Learning 2 3,082
MAIB AI 115 Natural Language Processing and Models 2 3,082
MAIB AI 116 Software Development for AI models 1 1,541
MAIB CSC 107 Introduction to Databases 1 1,541
MAIB FIN 101 Corporate Finance 1 1,541
MAIB MKT 101 Marketing Management 1 1,541
Term 4
MAIB AI 217 AI in Finance 2 3,082
MAIB AI 208 AI in Marketing 2 3,082
MAIB AI 218 AI in Operations 2 3,082
MAIB AI 219 Ethics, Sociology, and Governance of Artificial Intelligence 1 1,541
MAIB MGT 204 Design Thinking 1 1,541
Term 5
MAIB AI 220 Advanced Topics in Generative AI 2 3,082
MAIB AI 221 Computer Vision with Applications 2 3,082
MAIB MGT 201 Business Strategy 1 1,541
  Elective (select one of the following two)  
MAIB PRO 201 Applied Business Project 2 3,082
MAIB PRO 202 Applied Research Project 2 3,082
Term 6
  Choose only one of the following two units  
MAIB MGT 205 AI Strategy and Innovation Management 2 3,082
MAIB ENT 201 AI and Entrepreneurship 2 3,082
MAIB AI 222 Seminar on Current Advances in AI 1 1,541
  Elective (Select one of the following two)  
MAIB CPP 202 Capstone Industry Project 4 6,163
MAIB CPP 203 Capstone Research Project 4 6,163
  TOTAL CREDITS 46  



Apply and enrol by May 31, 2021, for a tuition fee rebate of USD 500 or INR 35,000.

 

      Notes:
  • Non-payment of fees may lead to cancellation of Admission.
  • Please also note that we do not accept payments in cash. For any payment made towards your course fees, you will receive a receipt authorised by the S P Jain Accounts Department.
  • Fees are reviewed periodically and any future fee changes will be published in accordance with applicable legislative and regulatory requirements
  • Please refer to the School’s Domestic Student Refund Policy.
  • Student seeking to withdraw from their course/unit should complete the Domestic Student Withdrawal Declaration Form.


 

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 are 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) 2,000
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
8. Postal Charges (per package) outside India* 30

*Minimum charges

Student Handbook

For more information, please refer to our Student Handbook:

 
VIEW STUDENT HANDBOOK
 September 2026 Intake 
COMPULSORY PROGRAM FEES
Academic Year     Year 1 (2026-27) Year 2 (2027-28) Total Fees for 2 Years 
Campus     Sydney Sydney Sydney
Currency     AUD AUD AUD
Tuition Fee*     34,250 36,625  70,875 
Total Compulsory Tuition Fees     34,250 36,625  70,875 
BUPA insurance 2yrs     2,000   2,000

  • ***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, networking meets, and cultural, philanthropic, and social engagement events aimed at enhancing the holistic student experience.
  • Non-payment of fees may lead to cancellation of Admission.
  • All airfares would be borne separately by students.
  • Fees are reviewed periodically and any future fee changes will be published in accordance with applicable legislative and regulatory requirements.
  • It is normal to spend AUD 700 per month in Sydney towards food and other living costs. (These are indicative costs and are subject to an individual's lifestyle.)
  • Please note that we do not accept cash payments. For any payment made towards your course fees, you will receive a receipt authorized by the SP Jain Accounts Department.
  • All fees must be paid prior to the commencement of the program or academic year.
  • The Australian visa needs to be processed by the students. Students need to ensure that they fulfill all criteria for securing the visa.

 

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.

 

 

Payment Timeline

  • Last date for payment of all fees:

Year 1
2026-27
August 10, 2026

Year 2
2027-28
August 10, 2027

 
  • 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

 

 

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

ABOUT US

EXPLORE

CAMPUS

 

CONTACT US

SP Jain School of Global Management, Sydney Campus 15 Carter Street, Lidcombe, NSW, 2141, Australia

Call: +61 28970 6800
Email: registrar@spjain.org

© 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.

© 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.

© 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.

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