Tuition and Financial Aid
Fees
- Composition fee of the programme — HK$588,000 (2023 intake), payable in 3 instalments over one year. This is subject to change with final approval by The University of Hong Kong.
- Deposit – HK$75,000 upon receiving notice of admission. Successful candidates are required to pay it to confirm offer acceptance.
Scholarship
- Nature – Entirely merit-based. All applicants get an equal opportunity to be considered for the scholarship, regardless of their nationality, profession, gender, or age.
- Application procedure – Once the admission application is submitted, it will be automatically considered. No separate application is required.
- Criteria — The Scholarship Committee takes a holistic approach in making the decision, including admission interview performance, career background, GMAT/GRE score and academic qualification.
- Amount – Strong candidates will be granted the scholarship based on the criteria above. The amount ranges from HK$150,000 to HK$350,000.
- Timeline – Once the potential candidates are granted admissions offers, we will inform them of the scholarship results concurrently.
Student Loan
Since 2007, Prodigy Finance has been revolutionising student finance. Our innovative model offers alumni-funded loans to international students at the world’s top business schools, including HKU Postgraduate programmes. Our innovative model also uses an innovative predictive scorecard that considers your future potential and allows us to offer competitive rates to over 150 nationalities of students.
Funding is limited and you are therefore advised to apply as soon as possible. The loan amount is capped at tuition fee outstanding (Tuition minus deposit minus scholarship minus sponsorship). Find out more about the terms and conditions and how to apply for a loan from Prodigy Finance Ltd:
https://prodigyfinance.com/eligibility-schools/3f919c6c-eebe-4d5a-a972-1ca0c417ed4f/
* The agreement is directly between students and Prodigy, with no liability or engagement of HKU Business School. The stated finance company is cited for reference only. International students should research all available financing options on their own choice.
Please click this link for more details.
Others
Hong Kong residents may be eligible to apply for the Extended Non-means-tested loan (ENLS loan) from the government’s Non-means-tested Loan Scheme. Visit the Student Financial Assistance Agency website for further information on this source of financial assistance:
http://www.wfsfaa.gov.hk/sfo/en/postsecondary/enls/overview.htm
Some HKU MBA courses are listed as a reimbursement course under the Continuing Education Fund (CEF) scheme, which provides a maximum of HK$25,000 in reimbursement to those who fulfil the criteria. Please visit the CEF website for further details:
http://www.wfsfaa.gov.hk/cef/en/index.htm
Living Expenses
Estimated monthly living expenses for a single full-time MBA student in:
Hong Kong
*These are average figures, and will vary considerably by individual living standards and requirements.
Monthly Spending (HK$) |
|
Accommodation | 8,000 |
Food | 4,500 |
Transportation | 1,000 |
Miscellaneous | 2,000 |
Total Monthly Spending | 15,500 |
London
*These estimates are based on a moderate student lifestyle.
Monthly Spending (GBP) |
|
Food & Accommodation (on campus) |
650-1,300 |
Other Expenses |
500 |
Total Monthly Spending | 1,500 |
New York
*These estimates are based on a moderate student lifestyle.
Monthly Spending (USD) |
|
Food & Accommodation |
2,000 |
Other Expenses |
800 |
Total Monthly Spending | 2,800 |
Shanghai
*These estimates are based on a moderate student lifestyle.
Monthly Spending (RMB) |
|
Food & Accommodation |
4,500 |
Other Expenses |
3000 |
Total Monthly Spending | 7,500 |