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BEC: Fee structure
CRICOS Provider Code: 03335G | CRICOS Course (BEC) Code: 086184J
INVEST IN A LIFETIME OF GROWTH
Program Fees & Other Charges
January 2027 INTAKE
COMPULSORY PROGRAM FEES
| Total Program Cost | Fee Per Credit | Total Credits |
| AUD 20,000 | 238 | 84 |
| Code | Unit | Credit | Cost Per Unit |
| SEMESTER 1 | |||
| BEC MGT 101 | Principles of Management | 3 | 714 |
| BEC ECO 112 | Macroeconomics | 3 | 714 |
| BEC LIB 101 | World Cultures | 3 | 714 |
| BEC MAT 102 | Digital Readiness in Business | 3 | 714 |
| BEC LIB 105 | Business Communication | 3 | 714 |
| SEMESTER 2 | |||
| BEC ECO 113 | Macroeconomics | 3 | 714 |
| BEC LIB 103 | Sustainability & Corporate Social Responsibility | 3 | 714 |
| BEC MKT 101 | Marketing | 3 | 714 |
| BEC AI 101 | Introduction to AI in Business | 3 | 714 |
| BEC PRO 101 | Regional Immersion Project (RIP) | 3 | 714 |
| SEMESTER 3 | |||
| BEC ECO 114 | Behavioural & Experimental Economics & Finance | 3 | 714 |
| BEC QTT 102 | Statistics | 3 | 714 |
| BEC ACC 101 | Financial Accounting | 3 | 714 |
| BEC ECO 115 | Developing Economies & Global Trade | 3 | 714 |
| SEMESTER 4 | |||
| BEC ECO 216 | Econometrics & Big Data | 3 | 714 |
| BEC QTT 203 | Data Analytics & Decision-Making | 3 | 714 |
| BEC ECO 217 | Industrial Organisation | 3 | 714 |
| BEC FIN 203 | Financial Markets & Sustainable Finance | 3 | 714 |
| SEMESTER 5 | |||
| BEC ECO 218 | Game Theory & Strategic Decision-Making | 3 | 714 |
| BEC ECO 219 | Economics of Climate Change & Global Warming | 3 | 714 |
| BEC ECO 220 | Monetary Economics, FinTech & Financial Shocks | 3 | 714 |
| BEC ECO 221 | Industrial Innovation & Disruptive Technology | 3 | 714 |
| SEMESTER 6 | |||
| BEC ECO 222 | Human Capital, Inequality & Welfare | 3 | 714 |
| BEC ECO 223 | Economic Policy in the Digital Era | 3 | 714 |
| BEC QTT 204 | Empirical Research, Randomised Trials & Panel Data | 3 | 714 |
| BEC ECO 222 | Innovation in Economic Models | 3 | 714 |
| SEMESTER 7 | |||
| BEC CPP 301 | Capstone Project | 6 | 1,429 |
Apply and enrol by May 31, 2021, for a tuition fee rebate of USD 500 or INR 35,000.
- 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.
- Compulsory Program Fees (Tuition and Non-Tuition) detailed above do not include:
- Airfare
- Housing or other living expenses
- Personal laptop required for study
Students who are transferring from BBA to BEC will have to pay a fee of AUD 17400 towards Semester 3 of year 1 in Sydney apart from year 2 and year 3 fees. The timeline for the payments will be informed during semester 2 of the BBA program.
Note: If government regulations do not permit face-to-face delivery, the school may deliver the course online to ensure uninterrupted student learning and completion, with no change in fees.
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:
January 2027 INTAKE
Compulsory program fees for January 2027
| Academic Year | Jan to Dec 2027 |
Jan to Dec 2028 | Jan to April 2029 |
| Year 1 | Year 2 | Year 3 | |
| Campus | Sydney | Sydney | Sydney |
| Currency | AUD | AUD | AUD |
| Tuition Fee | 60,400 | 59,040 | 10,560 |
| Total Compulsory Tuition Fees | 60,400 | 59,040 | 10,560 |
| Australia Health Insurance Charges* | 2,500 | - | - |
- *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 2.5 years is to be paid upfront as it is mandatory to take the policy for 2.5 years.
- Health insurance charges mentioned are indicative. Actual figures will be billed at the commencement of each year.
- Compulsory Program Fees (Tuition and Non-Tuition) detailed above do not include:
- Airfare
- Housing or other living expenses
- Personal laptop required for study
Students who are transferring from BBA to BEC will have to pay a fee of AUD 17400 towards Semester 3 of year 1 in Sydney apart from year 2 and year 3 fees. The timeline for the payments will be informed during semester 2 of the BBA program.
Note - If government regulations do not permit face-to-face delivery, the school may deliver the course online to ensure uninterrupted student learning and completion, with no change in fees.
Visa
Australia visa: Students would be personally responsible for obtaining the visa. 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 of the visa requirements to ensure their eligibility for issuance of a student visa.Click here for full details on student visas for Australia..
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
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 |
| Sydney | AUD 700 |
- In Sydney, students need to manage housing on their own. Should students need any guidance, they can write to Mr Rohit Choksi at rohit.choksi@spjain.edu.au.
Payment Details
- Advance Acceptance fee are payable per the due date that will be given in the offer letter.
- This Advance Acceptance Fee will be a part of the Tuition fees payable by you. Kindly take note that the Advance Acceptance Fee shall not be refunded under any circumstance.
- The tuition fees are to be paid in 2 instalments – 50% per semester.
- Where a student chooses, more than 50% of tuition fees can be paid before the program commences.
- Due dates for semester fee payments are:
- Semester 1: December 01, 2026
- Semester 2: April 01, 2027
- Semester 3: July 01, 2027
- All other fees are to be paid prior to the commencement of the program/academic year.
- The School shall levy interest @ 15% p.a. for all fees received after the due date.
- Non-payment of fees may lead to cancellation of Admission.
- We do not accept payments in cash. For any payment made towards your program fees, you will receive a receipt authorised by the SP Jain Accounts Department.
- Fees are reviewed periodically and any future fee changes will be published in accordance with applicable legislative and regulatory requirements
Refund Policy
- Please refer to the School’s International Student Refund Policy.
- Please refer to the School’s Domestic Student Refund Policy. Note that this policy does not apply to international students studying onshore in Australia on a student visa.
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 its undergraduate programs.
Student Handbook
For more information, please refer to our Student Handbook:
OCTOBER 2020 INTAKE
| Academic Year Campus |
YEAR 1 2020-21 Lorem |
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 | YEAR 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
- Lorem 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 Lorem 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 Lorem, 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. |
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