The SKOLKOVO MBA tuition fee is ?60,000*, which includes tuition for the whole programme, course materials, accommodation on campus and during visits abroad, flights to / from India / China and the United States, and a laptop computer.

Commitment Deposit. If you are offered a place on the MBA Programme, you will be given a specific date by which you should respond, and pay a non-refundable Commitment Deposit fee of ?2,000, should you accept the offer.

Reservation Fee. Students who have accepted enrolment offers will also need to pay their non-refundable Reservation Fee of ?3,000 by August 9^th 2011. Both the Commitment Deposit and Reservation Fee will be deducted from the total tuition fee due.

The remaining tuition fee of ?55,000 is to be paid in three equal parts:

• ? 20,000 before August 30^th, 2011
• ? 20,000 by February 1^st, 2012
• ? 15,000 by June 1^st, 2012

In accordance with Russian law, all payments must be made in rubles, and the official Bank of Russia exchange rate on the day of payment will apply.

There will be a discount of 10% for those willing and able to pay the ?54,000 by August 30^th 2011.

* This will be converted at the due time of payment into Rubles at the then current exchange rate as per Bank of Russia.

FINANCING YOUR MBA

We strongly advise applicants to consider all available financing options well in advance of applying for the SKOLKOVO MBA programme. Applicants should aim to maximise their savings and minimise their debt before starting the programme in order to increase their borrowing capacity.

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