Mona School of Business & Management Students’...

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1 Mona School of Business & Management Students’ Catalogue

Transcript of Mona School of Business & Management Students’...

Page 1: Mona School of Business & Management Students’ Cataloguemyspot.mona.uwi.edu/msbm/sites/default/files/msbm/... · 2016-08-14 · 4 Mona School of Business & Management Students’

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The decision to pursue graduate education is one of the biggest decisions that you will make as it is a life transforming experience and also a major financial investment. We know that the cost of the programmes is a matter of concern for many students and have therefore implemented various payment options to make it easier for you.

WE WANT TO MAKE IT EASIER FOR YOU

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Programme tuition FEES

Payment Plans

MBA Full-time FEES

EMBA Fees

MBA Part-time FEES

DOCTORATE OF BUSINESSADMINISTRATION FEES

DIPLOMA IN BUSINESS ADMINISTRATION FEES

MBM Full-time FEES

ERM Full-time FEES

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Tuition Fee Payment Guidelines

FINANCIAL CLEARANCE

DEFAULT POLICY

CANCELLATION OF PAYMENT PLAN

TUITION FEE REFUND PLAN

• WITHDRAWAL FROM THE PROGRAMME

• LOAN FACILITIES

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Enterprise RiskManagement 24 months $US15,200

Diplomain Business Administration

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PAYMENT PLANSTuition Fees are payable in full at the beginning of each programme by the date specified. However, the School will allow students to pay their tuition fees according to any payment plan selected below. This does not apply to Advanced Management Electives and Executive Development Courses.

MSBM guarantees that fees will be fixed for the duration of the programme with the exception of the textbook component.

To access a payment plan, students will pay a minimum deposit of 25% of the programme fee to be followed by the prescribed payment periods to facilitate financial clearance for examinations.

Students must complete and sign an agreement form for the payment plan chosen. Forms are available from the MSBM Accounting Department or your Coordinator.

• Full Payment• 2-Part Installment Plan• 4-Part Installment Plan• Monthly Installment Plan

The re-sit examination fee is $15,000

Course work only $7,500Exam only $7,500

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Please note: Programme fees do not include the cost of laptops.Laptops are an additional US$1,600 (approx)

Please see individual programme plans for detailed payment schedules.

EMBA FEES

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Please note: Programme fees do not include the cost of laptops.Laptops are an additional US$1,600 (approx)MBA Full-time FEES

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September

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Please note: Programme fees do not include the cost of laptops.Laptops are an additional US$1,600 (approx)MBA Part-time FEES

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Please note: Programme fees do not include the cost of laptops.

This amount covers the cost of tuition as well as the cost of reading materials for each core course.

Laptops are an additional US$1,600 (approx)

DOCTORATE OF BUSINESS ADMINISTRATION FEES

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2-Part PlanDOCTORATE OF BUSINESS ADMINISTRATION FEES

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3-Part PlanDOCTORATE OF BUSINESS ADMINISTRATION FEES

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Monthly PlanDOCTORATE OF BUSINESS ADMINISTRATION FEES

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DIPLOMA IN BUSINESS ADMINISTRATION FEESPlease note: Programme fees do not include the cost of laptops.Laptops are an additional US$1,600 (approx)

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Please note: Programme fees do not include the cost of laptops.Laptops are an additional US$1,600 (approx)MBM Full-time FEES

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PAYMENT PLANS - ERM

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1. Enrolment in Payment PlanAll students who have not paid their tuition fee in full MUST enroll in one of the MSB Payment Plans by completing a Payment Plan Agreement Form.

2. Payment Plan Agreement FormsPayment Agreement forms are available at the MSBM reception desk and Accounts Department and may also be downloaded from our website.

Tuition Fee Payment Guidelines

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3. Method of Payment

a. At the MSBM Accounts Department via credit card, debit card or manager’s cheque.

NB. CASH OR PERSONAL CHEQUES WILL NOT BE ACCEPTED.

b. At any National Commercial Bank Branch by using a special MSB voucher. Vouchers are available at the MSBM reception desk, in the MSBM Library / Documentation centre and in the Accounts Department.

c. By wire transfers(details available upon request).

In order to ensure prompt and proper credit of payment to your account, please submit a copy of the payment voucher to the MSBM Accounts Department

NB: scanned and faxed copies of vouchers are accepted and may be sent via Fax – 977 4622 to the attention of Jodiene Hutchinson.

Payments may be made:

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For all your tuition fee payment needs, please contact: Jodiene Hutchinson 977-6035/977-2667 extn. 248

[email protected]

OR [email protected]

FINANCIAL CLEARANCE

• Financial clearance is a requirement for registration and sitting of examinations.

• To obtain financial clearance and receive reading material, students must maintain up to date fee payments.

• Students will not proceed to electives, if the tuition fee is not fully paid or the terms of payment plans have not been observed.

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DEFAULT POLICY 1. Failure to pay as per agreement by the scheduled date(s) will

constitute a breach and students will be considered to be in default.

2. In the event of a default, the students’ registration/academic record will remain and the following action will be taken:

(a) Debarment from future registration in all courses/programmes at MSBM.

(b) Debarment from examinations.

(c) Withholding of examination results for all courses.

(d) Withholding of textbooks and other course materials.

(e) Non-issuance of transcripts, certificates and other records of status.

(f) Possible denial of access to the facilities.

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3. In the final year of your programme, outstanding balances after the date specified below, will attract an annual interest rate of 12%:

4. After 3 months following the end of the programme, outstanding balances may be sent to a receivables collection agency.

NB. You will be required to sign a promissory notewhich is legally binding.

- Diploma in Business Administration - February 28 - MBA Full Time - March 31- MBA Part Time - March 31- EMBA - March 31- ERM - January 31- MBM - September 30- DBA - October 30- MSc. TPM - March 31

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CANCELLATION OF PAYMENT PLAN

WITHDRAWAL FROM THE PROGRAMME

The payment plan may be canceled by the applicant at any time by submitting a written request. On cancellation of a payment plan, any outstanding balance becomes due and payable immediately. Once a payment plan has been canceled the MSBM default policy will apply. (see default policy)

In the event that a student who has enrolled in a payment plan withdraws from the programme, the normal MSBM refund policy will apply if application of payments results in a credit balance on the student’s account. (see refund policy)

If there is an outstanding balance at the time of withdrawal, the balance becomes due and payable immediately. The MSBM default policy will apply if outstanding balances are not settled.(see default policy)

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TUITION FEE REFUND POLICY A Student who withdraws from a course within one third of the

completion of the course will be refunded tuition fees less the cost of textbooks and an administrative fee of US$117.

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