All you need to know about INSEAD MBA Fees!
When you take bold steps to commence an MBA course in the topmost institutions of the world, you are moving into a new realm of Business education. To get admissions in the world’s top MBA programs, you have to deliver academic work at a whole new level. Getting admissions in the top B-Schools involves several hurdles to cross. An aspiring candidate needs to do a profound research, write application letters & essays and give interviews with perfection to ace the admission process.
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INSEAD is one of the most popular and one of the premier European business schools in the world. With campuses in Singapore, Spain, Abu Dhabi, France, and now in San Francisco, its program is among the best 1-year programs globally and often is regarded as “the business school for the world”.
Apart from the general queue, INSEAD is among the few top B-schools globally with two intake seasons, the September intake and January intake, providing an opportunity to plan and apply so that candidates could apply early in the next intake rather than using late to the current season. Moreover, the months’ break allows the candidates to improve their applications, LORs, and essays.
With the world facing the pandemic situation, it has become harder than ever to get into INSEAD. Last year, the school decided to slash enrollment by 38% hence managing social-distancing guidelines carefully. However, with the global pandemic under control, the INSEAD MBA program will open a little wider the following year for sure.
INSEAD’s MBA program is among the costliest MBA programs in Europe or, for that matter, the world. The candidates aiming to join the September 2021 or January 2022 intakes can expect to pay an amount of €89,000 alone (about $107K ) for the tuition of INSEAD business school fees.
Along with a considerable amount of INSEAD college fees, the payouts list also includes cost-of-living and other expenses that candidates must anticipate before filling the application form.
This article will help you understand the INSEAD business school fees, tuition fees, campus expenses, and living expenses across different INSEAD campuses to ensure that a candidate can anticipate the total cost of graduating from one INSEAD B-school.INSEAD ADMISSION PROCESS & INSEAD FEES FOR MBA
The admissions process runs for ten weeks long. The aspiring candidates are judged on their intellectual capacity, ability to contribute to the MBA class, analytical and decision-making skills, and leadership potential. The candidates have to pass several rounds comprising an online application video, first-round selection, interview decision, interviews with alumni, admissions committee interview, and a final round decision.
During filling out the application form, you will need to provide a non-refundable fee of €250 (approx. US$298), which is the cost of INSEAD application along with English language certification (TOEFL, TOEIC, IELTS) and two professional LORs.LENGTH AND FORMAT OF THE PROGRAM
INSEAD’s full-time program of 10 months is divided into five study periods of two months each plus several pre-MBA elements)
Out of the five study Periods, the first two periods are made up solely of CORE courses; from period three onwards, you have a mix of electives along with core courses.INSEAD FEES FOR MBA
Insead college fees for the current season intake in August 2021 and in the January 2022 intake would be around €89,000 (approx. US$106,132). The INSEAD business schools fees are payable by installments and are usually paid in four installments.
The cost of INSEAD tuition fees cover prices of
Other than the cost of INSEAD Tuition fees, the optional business foundations program incurs an additional expense of €1,500 (approx. US$1,789) in the INSEAD business school fees.INSEAD FUNDING OPTIONS
As one of the premier European business schools, INSEAD’s MBA program stands amongst the costliest MBA programs. However, with that said, INSEAD offers more than 100 internal scholarships, with the total amount of scholarships averaging a substantial amount equal to €18,700 (approx. US$22,300) for INSEAD college fees. Moreover, around 30 percent of the candidates get these scholarships apart from the ROI every year among the aspiring candidates.
Moreover, all admitted students are automatically eligible to apply for an International Loan Program. In addition, several other external funding sources associated with INSEAD are available for the candidates.SCHOLARSHIPS AT INSEAD
INSEAD offers more than 100 scholarships, with the total amount averaging €18,700. INSEAD requires you to fill an application form to apply for the scholarships. To access the scholarship application form, you will first need to register online, after which you will receive your login ID and password to navigate through the scholarship website. Next, you have to answer a set of profile questions, including personal contact details and educational and professional information that will serve as a background for all applications. After that, you will have the option to apply for different scholarships. Furthermore, you can track the status of your application online.
Some scholarships, such as the INSEAD Louis and Evelyn Franck Endowed Award for Excellence, do not require an application. However, all admitted candidates are considered based on the merit of the admission application. Successful candidates receive a notification on this award approximately one week after admission.
Talking about the eligibility criteria, each scholarship has its criteria based on a combination of merit and financial need. The eligible candidates need to write an essay about their financial needs and why they consider themselves worthy of the scholarship. Candidates are judged on their scholarship essays’ quality and degree, academic and professional achievements, and merit distinctions received.
So, not only do you have to write a killer INSEAD scholarship essay, but you also have to ensure that you have academic and professional brilliance to avail yourself of the scholarship money.WHAT ARE THE LIVING EXPENSES AT INSEAD?
INSEAD is one of the most famous European business schools with campuses in Singapore, Spain, Abu Dhabi, France, and San Francisco. The living expenses at an INSEAD campus vary differently according to its location. The housing facility, transport, meals, and other costs slightly differ in each country, but a rough estimate can be done since tuition costs and other in-campus expenses are the same. If you are going for an MBA at any INSEAD college, it will cost you around $ 150,000 for its full-time ten months program.IS INSEAD WORTH THE INVESTMENT?
Graduating from such a highly reputed B-school as INSEAD will most definitely provide your career an unimaginable boost. INSEAD MBAs are among the highest pay scale employees with a median salary of $104,500 and an average sign-on bonus of $25,000. At this rate, it doesn’t take more than a few years to pay off the INSEAD colleges fees while ensuring the prosperity of a lifetime.
There you go! The above paragraphs contain relevant and verified information about the INSEAD MBA curriculum, INSEAD Business school Fees, and its different Campuses. Before filling the application form, choose wisely between campuses according to your budget and comfort. Nevertheless, an MBA from any of the INSEAD campuses guarantees the fortune of a lifetime.
If you need more in-depth information or knowledge about any particular aspect of the application process and interviews, feel free to hop on a 1:1 call with our team of experts. We follow a stepwise procedure to ensure maximum efficiency, quality, and interaction to cover every minute of the application form. We at MBA and beyond are determined to guide you through your entire application process, ensuring the best offers from top Business schools.
Frequently Asked Questions
How much does INSEAD MBA cost?
As one of the premier European business schools, INSEAD’s MBA program stands amongst the costliest MBA. Only the cost of INSEAD tuition fee is around €89,000 (approx. the US $106,132). Moreover, calculating all the transport, housing, and living expenses would cost US $ 1,50,000 for the INSEAD business school fees.
Is an INSEAD MBA worth it?
INSEAD Is one of the premier European business schools, with one of the highest pay scale graduates in the world. Candidates who graduate from INSEAD get a median salary of $104,500 and an average sign-on bonus of $25,000. In short, an MBA from any of the INSEAD campuses guarantees the fortune of a lifetime.
Does INSEAD offer a full scholarship?
No, INSEAD doesn’t offer a full scholarship, but it has several partial Scholarships. Moreover, INSEAD provides more than 100 internal scholarships, with the total amount of scholarships averaging a substantial amount equal to €18,700 (approx. US$22,300). Also, around 30 percent of the candidates get these scholarships at each admission season.
How do I fund an MBA from INSEAD?
An MBA program from INSEAD is one of the costliest MBA programs in the world. It costs a fortune to complete the full course. Nevertheless, INSEAD offers several Scholarships to provide potential candidates with financial aid. In addition to hundreds of internal scholarships, several other external funding sources associated with INSEAD are available for the candidates. Moreover, all admitted students are automatically eligible to apply for an International Loan Program.
How can I get a scholarship to INSEAD?
Typically, all admitted students are automatically eligible for internal MBA Scholarships with some external funding sources associated with INSEAD requiring a form to be filled up to offer scholarships. Also, the most important thing to remember is that since INSEAD offers hundreds of different scholarships and every year almost 30% of the candidates get them, it inspires candidates to score higher and put more effort than usual to increase their chances of securing the best scholarships.