The MBA for our Generation:
Tuition, Fees and Scholarships

Tuition

Invest in your future.

Beyond offering a competitive tuition, we have numerous scholarships, bursaries and awards. In addition to the scholarships provided specifically for MBA students, visit UVic's Awards and Financial Aid for more information. 

You can also visit: 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. 

UVic MBA Program fees for Canadian citizens and permanent residents
Total
Tuition $25,984.92
MBA program fee $3,378.60
Internship (Co-op work term fee)* $731.42 (Optional)
International Applied Project (estimate)** $6,000.00
Total estimated cost*** $35,363.52

The Daytime MBA tuition and program fees are payable in four equal installments . Upon receipt of an offer of admission, you will be required to submit a non-refundable $2,000 deposit in Canadian currency.

The Weekend MBA tuition and program fees are payable in six equal installments . Upon receipt of an offer of admission, you will be required to submit a non-refundable $2,000 deposit in Canadian currency.

*For students with less than three years of work experience, one Co-op work term is mandatory. For those with more than 3 years of work experience, Co-op is optional.

** The International Applied Project (IAP) travel cost is approximately $6,000 depending on the country visited during the IAP. The IAP fee will generally be paid immediately preceding the event(s). Subject to change.

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

Ancillary graduate student costs
Total
Graduate Student Society fee $323.56
Athletics and Recreation fee $362.64
Universal bus pass $324.00
Extended health care plan* $754.00
Dental plan* $452.00
Total estimated ancillary costs $2,216.20

*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. Subject to change.

UVic MBA Program fees for international (VISA) students
Total
Tuition $38,560.20
MBA program fee $4,518.48
Internship (Co-op work term)*  $919.99 (Optional) 
International Applied Project (estimate)** $6,000.00
Total estimated cost*** $49,078.68

The Daytime MBA tuition and program fees are payable in four equal installments . Upon receipt of an offer of admission, you will be required to submit a non-refundable $2,000 deposit in Canadian currency.

The Weekend MBA tuition and program fees are payable in six equal installments . Upon receipt of an offer of admission, you will be required to submit a non-refundable $2,000 deposit in Canadian currency.

*For students with less than three years of work experience, one Co-op work term is mandatory. For those with more than 3 years of work experience, Co-op is optional.

**The International Applied Project (IAP) travel cost is approximately $6,000 depending on the country visited during the IAP. The IAP fee will generally be paid immediately preceding the event(s).

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

Ancillary graduate student costs
Total
Graduate Student Society fee $323.56
Athletics and Recreation fee $362.64
Universal Bus Pass $324.00
Mandatory Temp Medical Insurance $265.00
Extended health-care plan* $754.00
Dental plan* $452.00
Total estimated ancillary costs $2,481.20

*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. Subject to change. 

Ritchie Foundation MBA Entrance Scholarship

Awarded based on the student's entrance application strength.

  • Qualification: Graduate-level
  • Application: No application required
  • Value: $1,000 - $9,000
  • Number: Varies

Dr. Ian Stuart MBA Scholarship in Service Management

Awarded to one or more outstanding students in the Master of Business Administration program specializing in Service Management and have a degree in Engineering and/or Applied Math. Preference will be given to students who demonstrate financial need with an additional preference for students who are Canadian citizens.

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

MBA Highest Foundation GPA Award

Awarded based on the highest overall GPA in the first year of the MBA program. 

  • Qualification: Graduate-level
  • Application: No application required
  • Value: $1,500
  • Number: 2 (1 for Day students; 1 for Weekend students)

MBA Pay-it-Forward Award

The MBA Pay-it-Forward Award recognizes students who facilitate and promote a welcoming and positive learning environment for all MBA students.

  • Qualification: Students must be in their final year of the MBA Program
  • Application: Nominations are submitted by MBA program faculty, staff, and students
  • Value: $1,200
  • Number: 2 (1 for Day students and 1 for Weekend students).

Jane Zhu MBA Cross-Cultural Integration Award

The Jane Zhu Award recognizes students who encourage and promote cross-cultural awareness and understanding.

  • Qualification: Students must be in their final year of the MBA Program
  • Application: Nominations are submitted by MBA program faculty, staff, and students
  • Value: $1,000
  • Number: 2 (1 for International students and 1 for Canadian students)

James A. Mossey Award

The James A. Mossey Award recognizes one student who consistently and positively contributes to the lives of others.

  • Qualification: Students must be in their final year of the MBA Program
  • Application: Nominations are submitted by MBA program faculty, staff, and students
  • Value: $1,000
  • Number: 1

MBA 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
  • Application: Nominations are submitted by MBA program faculty, staff, and students
  • Value: $1,500
  • Number: 5 maximum (4 for Day students and 1 for Weekend students)

MBA 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 specializations (entrepreneurship and service management)

MBA 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 

Tim Price Entrepreneurship Award

The Tim Price Entrepreneurship Award is given to a student who was a part of the MBA Entrepreneurship specialization

  • Qualification: Graduate-level
  • Application: No application required
  • Value: $6,000
  • Number: 1

Bill Buckwold/Jennifer Richardson Award

The Bill Buckwold/Jennifer Richardson Award is given to a graduating MBA student who has demonstrated a substantial improvement and who has overcome a significant challenge to achieve their educational goal.

  • Qualification: Graduate-level
  • Application: Obtained from the Peter B. Gustavson School of Business
  • Value: $1,500
  • Number: 1

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: $5,000
  • Number: 1

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

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