FEES & FINANCING

FEES

The full-year MDM tuition fee for the January 2021 intake is USD19,500. A registration fee of USD1,000 will be asked of the student upon acceptance of the admissions offer to reserve a slot/seat in the class. This fee is non-refundable and will be deducted from the total program fee. See the schedule of fees here.

DISCOUNTS

Alumni Discount

  • Family members of AIM degree program alumni up to the 1st degree of consanguinity (parent or child) and affinity (spouse) will be entitled to 20% discount on the total program fee.
  • Alumni of the School of Executive Education and Lifelong Learning (SEELL) – formerly School of Executive Education – programs will be entitled to 10% discount on the total program fee.

 

Early Bird Discount

Accepted MDM applicants for the January 2022 intake who are able to register on the dates mentioned below will be entitled to an early bird discount. The discount can be applied to the registration fee payment.

  • Tier 1: Payment on or before 30 July 2021, there is a USD1,500 reduction on the total program fee.
  • Tier 2: Payment on or before 30 September 2021, there is a USD1,000 reduction on the total program fee.

LOANS

Institutional Loan Programs for Filipinos (Applicable to Program Fee Only)

AIM has also devised two (2) loan programs to help students focus on what matters most – their education. These loan programs have limited slots and priority will be given to qualified early applicants.

Applicants must first be accepted into the program before they can avail of the loan program. No collateral is required to apply for any of these loans.

Institutional Loan Program

  • Repayment Tenure – 3 years or 5 years
  • Monthly Amortization – starts 3 months from the scheduled end-date of the program
  • Indicative Interest Rate of 5%
  • Maximum loan amount depends on the salary pre-MDM
  • Deadline for Application is on 30 August 2021

 Study Now, Pay Later : 0% Loan Program

  • Repayment Tenure – 3 years or 5 years
  • Monthly Amortization – starts 6 months from the scheduled end-date of the program
  • Maximum loan amount depends on the salary pre-MDM
  • Limited slots only (earlier applications will be prioritized)
  • Deadline for Application is on 30 August 2021

SCHOLARSHIPS

Institutional Scholarships and Grants-in-Aid

Scholarships are awarded to applicants who demonstrate excellence in their admission test scores, academics, career, and a strong capacity for leadership and social impact. Scholarships are awarded to those who exhibit strong AIM values and ideals and can be champions of the brand as a student and future alum. The scholarship award can cover up to 50% of the tuition fee.

 

The Asian Development Bank – Japan Scholarship Program

The Asian Development Bank (ADB), with funding from the government of Japan, established the ADB-JSP Scholarship Program to encourage and strengthen human resource development in 1988. It is one of the most important sources of financial assistance for graduate students in the Asia-Pacific region. AIM was one of the first ADB-designated institutions to receive scholarship funding for deserving students. Upon graduation, the scholars are expected to contribute to economic and social development in their home countries.

The scholarship award covers a 100% tuition fee, including campus dormitory accommodation, one round-trip economy class airfare, and a stipend.

Criteria:

  • This scholarship is open to all nationals of ADB-borrower countries
  • Applicant should not have any prior master’s or doctoral degree(s)
  • Applicant should agree to return to his/her home country after completion of the AIM MBA degree

Requirements:

  • Duly Accomplished ADB-JSP Information Sheet (download here)
  • Copy of Undergraduate Diploma
  • Copy of Official Transcript of Records with Cumulative Grade Point Average (CGPA)
  • Certificate of Employment for the last 5 years issued by the company (preferably with company’s letterhead/logo), stating the start and end date of employment (e.g. Jan 2016 to Dec 2017 or Jan 2016 to present)
  • Certificate of Income issued by the company (preferably with company’s letterhead/logo), can be any of the following:
    • Annual Income*
    • Monthly Income*
    • Latest Income Tax Return
  • Certificate of Family Income issued by the company (preferably with company’s letter head/logo):
    • Parents’ Annual/Monthly Income* if applicant is single
    • Spouse’s Annual/Monthly Income* if applicant is married
    • If status is unemployed, or parents/spouse may be retired or deceased, an authenticated supporting document must be submitted
    • Passport Copy of Applicant

*Note: if in local currency, fill out and submit the income conversion to USD form provided by ADB-JSP. (download here)

*Note: MDM 2021 Classes will start on January 18, 2021

Scholarship applications will only be processed once candidates are admitted to the program. AIM will screen your application based on its own selection criteria, keeping in mind the ADB eligibility requirements and selection criteria. In turn, ADB will review the submissions from AIM and based on their selection criteria, will recommend awardees to the Executive Director for formal approval.

The deadline of application for ADB-JSP Scholarship is on 01 August 2021.

 

 

Grants-in-Aid

Grants-in-Aid are awarded to applicants who demonstrate strong potential for nation-building, social impact, and high financial need. The grants-in-aid can cover up to 25% tuition reduction.

Requirements:

  • Letter of Intent
  • Certificate of employment with salary information included
  • ITR/Payslips
  • Copy of Official Transcript of Records with Cumulative Grade Point Average (CGPA)
  • Affidavit of family income (download here)

Scholarship applications will only be processed once candidates are admitted to the program. AIM reserves the right not to award these scholarships if no suitable, outstanding candidates are identified.

The deadline of application for ADB-JSP Scholarship is on 29 October 2021.

 

PAYMENT OPTIONS

Please refer to this document for information on our payment options.