Tuition, fees and scholarships

With numerous scholarships, bursaries and awards, your Gustavson MBA is more affordable than you might think. In addition to the scholarships provided specifically for MBA students, visit UVic's Awards and Financial Aid for more information. 

When, how and where can I pay my tuition?

Need help budgeting? See our financial planner and other tools.

Please note: costs are in Canadian (CDN) currency and are subject to change without notice.

Daytime UVic MBA Program fees for Canadian citizens, permanent residents and landed immigrants
Amount Frequency Sub-total
Tuition $3,845.66 x6 installments $23,073.96
MBA program fee $500.00 x6 installments $3,000.00
Internship (Co-op work term fee)* $649.46 0 or 2 terms optional
International IME (estimate)** $4,000.00 total paid in 2 installments $4,000.00
Total estimated cost*** $30,073.96

*For students with less than three years of work experience, one Co-op work term is mandatory. Some will also choose to do a second optional work term. Students usually do their mandatory Co-op work term in the summer session (May-Aug) between Year 1 and Year 2. For those with more than 3 years of work experience, Co-op is optional.

** Will vary between $3,500 and $5,000 depending on country visited.

***Does not include approximate textbook cost of $2,600.00.

Ancillary graduate student costs
Amount Frequency Sub-total
Graduate Student Society fee $57.29 per term x6 $343.74
Athletics and Recreation fee $77.50 Per term x6 $465.00
Universal bus pass $81.00 Per term x6 $486.00
Extended health care plan* $328.00 per year x2 $656.00
Dental plan* $214.00 per year x2 $428.00
Total estimated ancillary costs $2,378.74

*Please see the Graduate Students' Society for information on opting out of the extended health and/or dental plans. All other ancillary fees are mandatory.

Daytime UVic MBA Program fees for international (VISA) students
Amount Frequency Sub-total
Tuition $4,184.84 x6 installments $25,109.04
MBA program fee $500.00 x6 installments $3,000.00
Internship (Co-op work term)*  $770.70 0 or 2 terms optional
International IME (estimate)** $4,000.00 total paid in 2 installments $4,000.00
Total estimated cost*** $32,109.04

*For students with less than three years of work experience, one Co-op work term is mandatory. Some will also choose to do a second optional work term. Students usually do their mandatory Co-op work term in the summer session (May-Aug) between Year 1 and Year 2. For those with more than 3 years of work experience, Co-op is optional.

**Will vary between $3,500 and $5,000 depending on country visited.

***Does not include approximate textbook cost of $2,600.

Ancillary graduate student costs
Amount Frequency Sub-total
Graduate Student Society fee $57.29 per term x6 $343.74
Athletics and Recreation fee $77.50 per term x6 $465.00
Universal Bus Pass $81.00 per term x6 $486.00
Extended health-care plan* $328.00 per year x2 $656.00
Dental plan* $214.00 per year x2 $428.00
Total estimated ancillary costs $2,378.74

*Please see the Graduate Students' Society for information on opting out of the extended health and/or dental plans. All other ancillary fees are mandatory.

Evening UVic MBA Program Fees for Canadian citizens, permanent residents and landed immigrants
Amount Frequency Sub-total
Tuition $2,563.76 x9 installments $23,073.84
MBA program fee $333.34 x9 installments $3,000.06
Internship (Co-op work term fee)* $636.72 0 or 2 terms optional
International IME (estimate)** $4,000.00 x1 installment $4,000.00
Total estimated cost*** $30,073.90

*For students with less than three years of work experience, one Co-op work term is mandatory. Some will also choose to do a second optional work term. Students usually do their mandatory Co-op work term in the summer session (May-Aug) between Year 1 and Year 2. For those with more than 3 years of work experience, Co-op is optional. Evening students typically do not do Co-op.

**Will vary between $3,500 and $5,000 depending on country visited.

***Does not include approximate textbook cost of $2,600.00.

Ancillary graduate student costs
Amount Frequency Sub-total
Graduate Student Society fee $57.29 per term x9 $515.61
Athletics and Recreation fee $77.50 Per term x9 $697.50
Universal bus pass $81.00 Per term x9 $729.00
Extended health care plan* $328.00 per year x3 $984.00
Dental plan* $214.00 per year x3 $642.00
Total estimated ancillary costs $3,586.11

*Please see the Graduate Students' Society for information on opting out of the extended health and/or dental plans. All other ancillary fees are mandatory.

Evening UVic MBA Program Fees for international (VISA) students
Amount Frequency Sub-total
Tuition $2,789.90 x9 installments $25,109.10
MBA program fee $333.34 x9 installments $3,000.06
Internship (Co-op work term fee)* $755.58 0 or 2 terms optional
International IME (estimate)** $4,000.00 x1 installment $4,000.00
Total estimated cost*** $32,109.16

*For students with less than three years of work experience, one Co-op work term is mandatory. Some will also choose to do a second optional work term. Students usually do their mandatory Co-op work term in the summer session (May-Aug) between Year 1 and Year 2. For those with more than 3 years of work experience, Co-op is optional. Evening students typically do not do Co-op.

**Will vary between $3,500 and $5,000 depending on country visited.

***Does not include approximate textbook cost of $2,600.00.

Ancillary graduate student costs
Amount Frequency Sub-total
Graduate Student Society fee $57.29 per term x9 $515.61
Athletics and Recreation fee $77.50 Per term x9 $697.50
Universal bus pass $81.00 Per term x9 $729.00
Extended health care plan* $328.00 per year x3 $984.00
Dental plan* $214.00 per year x3 $642.00
Total estimated ancillary costs $3,568.11

*Please see the Graduate Students' Society for information on opting out of the extended health and/or dental plans. All other ancillary fees are mandatory.

Master of Business Administration Excellence Award

Awarded based on the highest GPA in the MBA foundation courses. 

  • Qualification: Graduate-level
  • Application: No application required. 
  • Value: $1,500
  • Number: 2 maximum (1 for Day students; 1 for an Evening student)

Master of Business Administration Leadership / Citizenship Award

Awarded to students based on their leadership, vision, academic and extra-curricular contributions, and ability to work as part of a team.

  • Qualification: Graduate-level. Must have completed the MBA Foundation Module
  • Application: Nominations are submitted by MBA program faculty, staff, and students.
  • Value: $1,500
  • Number: 5 maximum (4 for Day students and 1 for an Evening student).

Master of Business Administration Specialization Excellence Award

Awarded to the top student in each of the MBA program specializations. The selection is based on the overall performance in the specialization courses.

  • Qualification: Graduate-level
  • Application: No application required.
  • Value: $1,500
  • Number: 1 for each MBA specialization (entrepreneurship, international business and service management).

Master of Business Administration Outstanding Final Project Award

Awarded to the best non-thesis project (596) or research report (598) based on overall quality, content, layout of report, overall client satisfaction and oral presentation.

  • Qualification: Graduate-level
  • Application: No application required
  • Value: $1,000
  • Number: 1 for MBA 596: Management Consulting Report and 1 for MBA 598: Research Report 

The Sam and June Macey Graduate Student Award

Awarded to an outstanding student in the Master of Business Administration or Master of Public Administration programs. 

  • Qualification: Graduate-level
  • Application: No application required
  • Value: $1,000
  • Number: 1

Master in Business Administration Entrance Scholarship

Awarded based on the student's entrance application strength.

  • Qualification: Graduate-level
  • Application: No application required
  • Value: $2,000 - $7,500
  • Number: Varies

Margaret Lowe Memorial Scholarship

Awarded to a female student entering the Master of Business Administration Program. Selection will be made by the Graduate Admissions and Awards Committee on the recommendations of the Gustavson School of Business.

  • Qualification: Graduate-level
  • Application: No application required
  • Value: Varies
  • Number: 1

Martlet Chapter IODE Scholarship in Business

Awarded to a female student with the highest standing in the second year of a Master's Program. The scholarship was established by the Martlet Chapter of the IODE. 

  • Qualification: Graduate-level
  • Application: No application required
  • Value: $350
  • Number: 1

University of Victoria Fellowships

Awarded by the Faculty of Graduate Studies to students of high academic standing registered full time in the faculty as candidates or provisional candidates for a degree. All new applicants are evaluated for University Fellowships.

The minimum standard required for consideration is an "A-". Grade calculations and equivalencies are determined by the Graduate Admissions and Records Office. The competition for University of Victoria Fellowships is very intense. Meeting the minimum standard for consideration does not guarantee that a student will be successful in the competition.

  • Qualification: Graduate-evel
  • Application: Applicants who have all materials submitted to the Graduate Admissions and Records Office by February 15 will be guaranteed consideration for University of Victoria Graduate Fellowships. Completed applications received after February 15 may be considered at the discretion of individual academic units. 
  • Value: $10,000
  • Number: Varies