Please note: All costs listed below are current as of 2015 August 25. The amount of tuition you pay your first semester at SolBridge remains unchanged during your entire time in the MBA program, the same tuition amount each semester. Other prices are subject to change; residence, activity, and medical fees are reviewed every semester. The estimated costs for one year are included now so you can do a general budget for your first year at SolBridge. Expect some slight changes to residence, activity, and medical fees for Spring 2016. Remember, fee amounts other than tuition are subject to change on a per semester basis. Please check with info@solbridge.ac.kr for current costs

EXPLANATION OF COSTS

The SolBridge academic year consists of two assessment periods, one in the spring and one in the fall. Each assessment period is in the form of a fifteen-week semester followed by an additional six-week inter-session semester (six weeks in the summer for the spring semester, six weeks in the winter for the fall semester). There is a five week study break which separates each assessment period. Students are expected to stay at SolBridge during each full assessment period. Students may stay during the summer or winter five-week study breaks if they wish to participate in internships, academic programs, or for personal reasons. Apart from tuition, students must provide for the expense of dormitory, meals, health insurance, dormitory security deposit, and personal expenses, without exception, for any period of stay at SolBridge.

COST SCHEDULES

In summary, the total financial resources required should be carefully considered before applying for admission to SolBridge

A typical full-year Master’s Program Cost Schedule for Fall 2016 and Spring 2017

The MBA program is designed to be completed in 24 months. However, it is possible to graduate in 18 months by taking summer and winter intersessions. In the table below, a typical full-year cost schedule is presented for MBA Students.

Fall 2016 Winter 2016 Spring 2017 Summer 2017 Annual
15 weeks 6 weeks
Summer 1, 3 weeks
Summer 2, 3 weeks
15 weeks 6 weeks
Winter1, 3 weeks
Winter2, 3 weeks
Costs USD
Enrollment Fee $ 700 Onetime fee $ 700
Orientation Fee $ 70 Onetime fee $ 70
Medical Insurance $ 163 Yearly $ 163
Tuition $5,787 $1,313/$2,626 $5787 $1,313/2,626 $14,200*
Residence $1,050 $1,050 $2,100
Activity Fee $ 100 $ 100 $ 200
Total First Year $7,870 $1,313* $6,937 $1,313* $17,433*
Total Second Year $6,937 $1,313* $6,937 $1,313* $16,500*

Please note:

Enrollment fee is paid by all first semester students (freshmen and transfer). It is a onetime fee.

Orientation fee includes meals and accommodation during our Team Building (orientation) week. . It is paid by all first semester students (freshmen and transfer). It is a onetime fee.

Fees do not include bus fare from the airport.

Residence does not provide bedding, sheets, or pillows.

All first year students (freshman and transfer) must get an Alien Registration Card upon arrival in Korea. Korean Immigration charges $31 for the Alien Registration Card. It is similar to the Korean ID card and must be carried with you at all times.

All first semester students (including Koreans) must have a medical checkup prior to the start of classes. Korean Medical Services charges $30 for the checkup.

All full time students must purchase Korean medical insurance. Current cost is $165 annually.

*Summer and Winter tuition is $1,313 for one course (three credits) or $2,626 for two courses (six credits). Totals costs of first and second year and annual costs assume only one course was taken.

Tuition for a year ranges between $11,380 ~ $16,632. The price $14,006 amount reflects taking intersession classes (Winter 1, Summer 1).

Prices are subject to change, especially adjustments to Residence and Health Care.Listed prices are meant to act as a guide regarding your costs during your fist two years at SolBridge.

Scholarships are available, please enquire.

The estimated cost for your first and second year at SolBridge does not include other meals, books, or pocket money. Meals cost approximately $4.00 in the SolBridge cafeterias. Meals eaten off-campus may cost more. Books are typically in the range of $600 per year; pocket money expense is dependent upon the lifestyle of the student.