DeGroote School of Business
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Finances

Explore the costs and forms of financial support for your part-time MBA

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Tuition

Total tuition for the BLPT MBA is $60,750*, paid in nine installments.

Tuition includes:

  • McMaster technology licenses
  • Some supplementary course material
  • On-site parking during residency weekends
  • Breakfast, coffee breaks, and lunches at in-person residencies
  • Personalized career coaching services, academic support, and networking events

The first payment is a non-refundable $2,000 deposit, due when you accept your offer of admission and is applied against the first installment. The installment schedule repeats for three years with the same payment frequency, totaling nine (9) installments. Payments of ~$6,750 follow according to the schedule below.

*Fees listed are approximate, listed in Canadian dollars (CAD) and are subject to change at any time. Tuition does not cover transportation, hotel accommodations, dinners (unless noted), textbooks, non-McMaster software or additional ancillary fees.

Tuition 2025/2026*
Fall Term Installment 1 (admission year) $6,750, less deposit
Winter Term Installment 2 $6,750
Summer Term Installment 3 $6,750
Payment deadlines 2025/2026*
Fall Term Installment 1 (admission year) August 1
Winter Term Installment 2 January 25
Summer Term Installment 3 May 25

Scholarships and bursaries

Blended Learning Part-Time MBA Entrance Scholarships

Five entrance scholarships, each worth $5,000, will be available for prospective students. The selection process for these scholarships will be based on our holistic admissions approach – a comprehensive evaluation of applicants’ qualifications. No additional application will be required.

DeGroote School of Business Graduate Award for Indigenous Learners

Established in 2020, the DeGroote School of Business Graduate Awards for Indigenous Learners are supported by the faculty of business to address inequalities in access for indigenous learners and to assist in removing barriers. The award is tenable through the length of the program. Up to five (5) awards will be offered each year (for entrance in the Fall term) to include tuition as well as additional related expenses to a maximum of $15,000 per academic year, tenable throughout the normal length of the degree, to enable engagement and success in the program. Additional information is available to those interested.

Application information

Financial aid

Employer Sponsorship

Many of our current students receive partial or full tuition support from their employers. Connect with our team to get guidance on how to start this conversation with your supervisor or HR department and visit our guide.

Employer guide

OSAP

Unfortunately, the Blended Learning Part-Time program is not eligible for OSAP.