Apart from the Japan MBA fees, and cost of living, the MBA in Japan for Indian students cost also involves some other expenses to study in Japan. This MBA in Japan cost is directly related to the pre- and post-arrival costs.
Student Visa
A Japanese student visa allows students to study at a college or university in Japan and provides proof of their admission to a sponsoring educational institution. College student visas are issued for a period of one year or two years. The initial validity is one year, and it must be renewed each year thereafter. It costs approximately 23.14 USD (1,764 INR) to obtain a Japanese visa, although it varies from nationality to nationality.
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Student Health Insurance
An international student living in Japan must register with the National Healthcare System. The majority of Japanese universities also offer their own health insurance, so students should inquire with their respective universities about these plans. International students are advised to purchase a private health insurance plan because the national health insurance program has many exclusions and only reimburses 70% of the medical costs.
The private health insurance plans cover private medical care, evacuation, trip interruption, repatriation, etc., which are not part of the national health coverage.
Application Fee
Application fee also forms a critical part of the MBA in Japan for Indian students cost. International applicants can pay the application fee of 38.56 USD (2,940 INR) by Flywire or bank transfer. This information will be provided to students when they complete the application process online.
Although for international students, some universities in Japan will waive application fees or offer grants. For more information, check with the campus website or contact the international graduate admissions office.
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Student Tax
In the case of countries that have an existing tax treaty with Japan, students must submit appropriate documentation in order to qualify for a tax rebate. Moreover, in the absence of a tax treaty with Japan, students are required to pay an annual city tax of approximately 1,742 USD (132,845 INR), as a part of the MBA in Japan cost in the first year.
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We have covered all aspects of the MBA in Japan cost, which will help you decide which college is fit for you and is affordable. Most MBA colleges in Japan with fee structures higher than their counterparts offer students with an even higher ROI! You can also contact our Yocket Counselors for further assistance on the cost of studying MBA in Japan!
