What are the finances involved in a foreign mba?

November 10, 2008 12:56am CST
There are three categories of fees involved in a foreign MBA. One is programme related which includes tuition fees, living expenses and possible medical insurance. The second type of fees is application related where you have to pay fees for GMAT, TOEFL/IELTS, the preparation material related to tests, cost of applications to B-schools, scholarship and loan documentation fees, and other miscellaneous fees like courier and postage charges. The third type of finance is the visa related one in which you have to pay for visa application, documentation and liquidity maintenance.
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