The overall programme fee is 28,820 EUR, payable in two instalments. The programme fee covers teaching, including teaching materials, supervision and thesis defence, catering and refreshments during coffee breaks on class days, and transportation organized by IACA between accommodation designated by IACA and the class venue. All other arrangements and associated costs, not covered by the above stated fees, such as, travel and accommodation, medical insurance/treatment, and subsistence during studies are Student’s responsibility.
In some countries and jurisdictions, educational expenses can be tax deductible. Please check with your national tax authority.
Under the Preferential Treatment Scheme for IACA Parties contributing to the general budget of the organization, IACA is offering different preferences related to member states contributions to the IACA general budget.
IACA will offer the following discounts on the programme fee for the MACS 2020:
- 10 % for nationals of Armenia, Chile, Croatia, Cyprus, Georgia, Kazakhstan, Mauritius, Mongolia, Nigeria
- 15 % for nationals of Malaysia, China
- 15 % for registered IACA Alumni
- 20 % for nationals of Hungary, Republic of Korea, Kuwait, Russian Federation
This scheme remains valid until revocation. It may be modified or superseded by later schemes at any time. More information can be found here.
A non-refundable application fee of 100 EUR shall be paid by all applicants, including those who apply for a scholarship. See Guidelines for the Application Procedure for payment information.
IACA offers a limited number of scholarships for students from Least Developed Countries as defined by the United Nations, and for citizens from IACA Member States, listed under the World Bank Classification of Countries by Income as the Lower-Middle- and Upper-Middle-Income Economies. These highly competitive scholarships are merit based and they fully or partially cover the programme fee.
Companies, organizations, and public-sector entities often provide financial support or grant educational leave to their employees to continue their education. IACA will work with applicants who have submitted their application in preparing a sponsorship proposal for their employers or potential donors.
See the projected costs for the MACS 2019 programme here.