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Program

Fees & Other Charges

OCTOBER 2020 INTAKE
Academic Year

Campus
YEAR 1
2020-21
Mumbai
YEAR 1
2020-21
Sydney
YEAR 2
2021-22
Sydney
YEAR 3
2022-23
Sydney
Fees & Other Charges INR USD USD USD
A. Annual Registration Fees 2,06,500 2,500 2,500 2,500
B. Tuition Fees
(Inclusive of two semesters; to be paid semester-wise)
9,55,800 21,500 22,000 22,500
C. Course materials (including e-books), cases and simulations 60,180 900 900 900
D. Out-of-classroom Activity Fees 40,120 750 1,000 1,000
E. Insurance charges 15,340 550 550 550
TOTAL 12,77,940 26,200 26,950 27,450
  YEAR 1 YEARS 2 & 3
Total Tuition Fees INR 9,55,800 or USD 21,500 USD 44,500
Total Non-Tuition Fees INR 3,22,140 or USD 4,700 USD 9,900
     

  • Please take note that the Annual Registration fees once paid shall not be refundable under any circumstance
  • Mumbai fees are inclusive of GST @ 18%

 

VISAS

  • Australia visa - Students will be personally responsible for obtaining the visa. SP Jain will facilitate and assist with all the documentation. Visa fees must 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. Full details on student visas for Australia are available here.
  • Students who choose to undertake the first year of the course in Mumbai will be given a Confirmation of Enrolment (CoE) with a duration of two years. The CoE is needed by all students while applying for a student visa for Australia.

 

INSURANCE

  • Figures mentioned are indicative for Sydney. Actual figures will be billed at the commencement of each year.
  • For Sydney insurance, we may take the premium for all years upfront as it is mandatory to take the policy for the course duration for Australian visa.

 

NOTE

  • Non-payment of fees may lead to cancellation of Admission.
  • Registration fee is payable each year along with the first semester fees for the year.
  • Registration fee is taken every year to meet various administrative costs like subscriptions, software, internet, database management, learning management systems, etc.
  • The tuition fee is to be paid in 2 installments - 50% per semester.
  • All other fees are to be paid prior to the commencement of the course/academic year.
  • Fees are payable at SP Jain's Sydney campus.
  • Out-of-classroom 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 will be borne additionally by students.
  • A variety of food plans are available to students. It is normal to spend 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)
  • Living costs in Australia are estimated to be approximately AUD 22,000 per year inclusive of housing.
  • Please also note that we do not accept payments in cash. For any payment made towards your program, you will receive a receipt authorised by the SP Jain Accounts Department.
  • Fees are subject to change at the discretion of the School.

PAYMENT TIMELINE

  • Last date for payment of all fees

Semester 1
August 15, 2020

Semester 2
December 1, 2020

  • Interest on payment received after the above-mentioned date

Semester 1
15% p.a.

Semester 2
15% p.a.

ACCOMMODATION FEE

Academic year

Year 1
2020-21
Sydney

AUD 13,000**

AUD
13,000**

Year 2
2021-22
Sydney

AUD 13,850**

AUD 13,850**

Year 3
2022-23
Sydney

AUD 14,500**

AUD 14,500**

 
 
  • **Housing costs indicated for Sydney are indicative and actual costs will be advised at the commencement of each year.
  • It is not mandatory for students to stay on campus in Sydney, but it is highly recommended.
  • If a student wishes to, they can make their own accommodation arrangement.
  • Housing through SP Jain will be on a first-come-first-serve basis.
  • Housing fees for the entire year are to be paid by August 15, 2020. Fees cannot be paid per semester.
  • Interest at the rate of 15% p.a. will be charged for payments received after August 15, 2020.
  • Student Housing Fees once paid will not be refunded under any circumstance.
  • Accommodation will be made available 2 days before the start of orientation and up to 2 days after the end of the academic year.
  • If a student requires housing during the semester/summer break, they must inform the School in advance and the School will try and accommodate them.
  • There will be an additional cost for stay during the semester/summer break.
  • The student housing fees do not include meal costs.
  • Any student found violating the code of conduct in SP Jain's accommodation may be asked to vacate the hostel premises without any prior notice and without refund of hostel fees paid.

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) 2,000
4. Duplicate Degree 100
5. Duplicate Graduation Statement 30
6. Duplicate Record of Result 30
7. Postal / Courier Charges (per package) within India* 20
8. Postal / Courier Charges (per package) outside India* 30
  *Minimum charges  
3.