Tuition, Funding & Scholarships
Tuition for the EMBA in Digital Transformation 2019-2020 cohort is $89,000 CAD and includes:
- All course material
- Transportation within modules (to/from hotel and campus, site visits, etc.)
- In-course meals and select event dinners
Tuition does not include airfare or any other transportation costs to or from module locations.
A $5,000 deposit is due within 10 business days of acceptance into the program. The remainder will be due in three installments of $28,000 prior to the start of Modules 1, 2 and 3 (2019-2020 dates TBD). Installment dates for 2018-2019:
- First installment: July 13, 2018
- Second installment: January 4, 2019
- Third installment: April 5, 2019
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.
Scholarships for the 2018-2019 cohort are listed below as illustrative of the types of scholarships typically available. 2019-2020 scholarships and associated deadlines will be announced early 2019. If you have any questions, please contact firstname.lastname@example.org.
- Women in Leadership – $10,000
Awarded to one female student who has demonstrated exceptional professional and community leadership in business.
- Entrepreneurial Leadership – $10,000
Awarded to one student who has demonstrated excellence in entrepreneurial leadership.
- Leaders in Non-Profit Organizations – $10,000
Awarded to one student who has demonstrated outstanding leadership in the non-profit sector.
- Leadership in Healthcare – $10,000
Awarded to one student who is a physician (or medical resident) and has demonstrated outstanding leadership in the health industry.
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.