Housing multiple multinational companies like Toyota, Sony, Mitsubishi, and Softbank, Japan is a place offering a unique combination of industry-oriented, research-oriented education programs as well as a variety of employment opportunities across a broad range of industries. With regards to MBA programs in Japan, students can choose from full-time, part-time, online, and executive programs. An MBA in Japan cost comprises the tuition fees along with living expenses to study in Japan. And, the average Japan MBA fees ranges from 34,500 USD and above.
Want to know more? Keep reading as this blog help you bifurcate each and every MBA cost from Japan!
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Table of Contents |
Factors Influencing Cost of Studying MBA in Japan
Nearly 800 universities and institutions have been established in Japan, over 80% of which are private. Thus, if you wish to pursue higher education in the country, you have a wide variety of colleges and universities to choose from, in addition to higher education degrees. However, before doing so, you need to understand the factors that directly influence the cost of MBA in Japan:
- Japan MBA fees
- Living expenses to study MBA in Japan
- Other essential costs of studying in Japan
Cost of Studying MBA in Japan
Japan MBA fees typically range from 3,933 USD to 41,958 USD (3,00,000 INR to 32,00,000 INR). The average MBA in Japan cost for programs will differ from university to university, and also based on the degree's specialization.
In addition to the tuition fees, students must incur other university-related costs, including admission fees, annual registration fees, matriculation fees, entrance examination fees, etc.
Here is the list of top MBA universities in Japan along with the Japan MBA fees for them:
|
University |
QS World Ranking 2022 |
Average Tuition Fee per Year (in USD) |
|
V.N. Karazin Kharkiv National University |
#511-520 |
1,559 (1,19,070 INR) |
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Taras Shevchenko National University |
#601-650 |
4,486 (3,42,622 INR) |
|
National Technical University of Japan |
#701-750 |
4,332 (3,30,867 INR) |
|
Ivan Franko National University of Lviv |
#1000-1200 |
4,332 (3,30,867 INR) |
|
Sumy State University |
#701 - 750 |
4,484 (3,42,476 INR) |
Cost of Living in Japan
When considering MBA in Japan cost, it is extremely crucial to know the cost of living in Japan. The average monthly expense for MBA in Japan cost is somewhere between 1,049 USD and 13,113 USD (INR 80,000 and INR 10,00,000). The cost may vary depending on the city and the type of accommodation you select.
Here is an idea on the MBA in Japan for Indian students cost in Rupees and USD:
|
Expenses |
Cost (in USD) |
Equivalent Cost (in INR) |
|
Accommodation |
498 / month |
38,000 / month |
|
Food |
216 / month |
16,500 / month |
|
Transportation |
270 / month |
21,767 /month |
|
Health Insurance |
40 / month |
3,051 / month |
|
Gas/Electricity/Water |
100-120 / month |
7,629 - 9,155 / month |
|
Miscellaneous Expenses |
43.35 / week |
3,300/ week |
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Other Essential Costs to Study MBA in Japan
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.
Suggested: Know about 8 Japanese Visa Reasons of Rejection
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!
