Tuition & Funding
Tuition for the EMBA in Digital Transformation 2020-2021 cohort is $89,000 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 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 2019-2020 (2020-2021 dates TBC):
- First installment: July 5, 2019
- Second installment: January 3, 2020
- Third installment: April 3, 2020
For information on how to make payments, visit McMaster’s Student Accounts & Cashiers website.
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.
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.