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Tuition & Funding

Tuition for the EMBA in Digital Transformation 2021-2022 cohort is $92,000 CAD and includes:

  • All course material
  • Accommodation during residency
  • Transportation during residency (to/from hotel, site visits, etc.)
  • Most in-residency meals

Tuition does not include airfare or any other transportation costs to or from residency locations.

A $5,000 non-refundable deposit is due within 10 business days of acceptance into the program. The remainder will be due in three installments prior to the start of Modules 1, 2 and 3. Installment dates for 2020-2021:

  • First installment: July 25, 2020
  • Second installment: January 25, 2021
  • Third installment: April 25, 2021

For information on how to make payments, visit McMaster’s Student Accounts & Cashiers website.

For individuals:

Tuition tax credit

If you are self-funding, tuition fees for the EMBA in Digital Transformation may be tax deductible. For details please consult the Canada Revenue Agency or your tax professional.

Lifelong Learning Plan

You or your spouse may be eligible to make tax-free withdrawals from your RRSPs (up to $20,000 each) under the Canada Revenue Agency’s Life Long Learning Plan. Please visit the LLP website for more information.

Student Line of Credit

Most banks offer student lines of credit with increased limits for professional programs, including Executive MBAs. Contact your financial institution to discuss which options are available to you.

Please note: The EMBA in Digital Transformation is not an eligible program for the Study in Canada Scholarship offered by the Canadian Bureau for International Education (CBIE) and Global Affairs Canada (GAC).

Students in the EMBA program are not eligible for the Ontario Student Assistance Program (OSAP) nor the William D. Ford Federal Direct Loan (Direct Loan) Program.

For employers:

If you are paying for an employee to attend the EMBA in Digital Transformation, your organization may be eligible for certain tax deductions. Please consult with the Canada Revenue Agency or your accounting department for details and/or eligibility.

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