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About fees

IIE MSA Executive Programmes Course fees

Contact the Student Fee Officer

Email: musa-fees@monash.edu
Tel: +27 011 950 4461 /4494
Fax: +27 011 950 4323

2019 Programme fees

The following fee structure will apply to your programme in 2019.

Programme NameProgramme CodeSemester Fees 1Annual Fees 2
Diploma in Entrepreneurial and Small Business Operations3685R 22 325R 44 650
CIMA Certificate in Business Accounting3690R 25 000N/A
Professional Certificate in Accountancy3697N/AR 25 000
 Bachelor of Commerce in Law3683R 32 500R 65 000
Postgraduate Diploma in Water Management3668R 24 750R 49 500
Postgraduate Diploma in Public Health3686R 24 750R 49 500
Postgraduate Diploma in Corporate Governance3661R 24 750R 49 500
Postgraduate Diploma in Corporate Governance3692R 24 750R 49 500
Postgraduate Diploma in Business Leadership3691R 27 500R 55 000
Postgraduate Diploma in Finance and Accounting (Extended)TBCN/AR 72 332
Postgraduate Diploma in Finance and Accounting3696N/AR 72 332
Postgraduate Diploma in Accounting (1 year stream) 33662N/AR 72 332
Postgraduate Diploma in Accounting (2 year stream)3667N/AR 72 332
Master of Philosophy Specialising in Psychology3689R 29 250R 58 500
Master of International Business2098R 48 750R 97 500
Master of Business Administration3665R 73 295R 146 590

Take note:

1 Semester fees are annual fees x 50%.

2 All IIE MSA Fees are subject to an annual increase effective as of January. If your modules carry over to the following year your fees will be affected by the annual increase.

3 Programme 3662 has specific programme requirements and is invoiced as an annual fee. This programme is offered over 1 year (programme 3662) OR over 2 years (programme 3667) and invoiced at the annual fee each year.

* To avoid delays obtaining a study visa, commencing international students must pay a 30% deposit by the latest 28 May 2019 to allow 6-8 weeks for study visa application to be processed and 50% balance on or before enrolment.

* For single subject students enrolling for less than 3 modules, the full modules fees must be paid before enrolling.

* Any bank charges incurred by IIE MSA, in respect of incoming international fee transfers, will be charged to the student’s account.

* Unless IIE MSA’s new monthly payment plan option is selected.

Visit the Payment due dates to find out when your fees are due.

2019 Accommodation fee structure

ACCOMMODATION

Semester Fees

Annual Fees

Non- Refundable Admin Fee

SEMESTER 1

SEMESTER 2

30% Deposit
Accept offer and pay within 21 days

70% Balance
Due on or before
31 Jan 2019

30% Deposit
Accept offer and pay within 21 days

70% Balance
Due on or before
30 Jun 2019

Residence 1, 2, 3
(4 Bedroom apartments with 2 Bathrooms)

R 32 903

R 65 805

R 1 800

R 9 871

R 23 032

R 9 871

R 23 032

Residence 4
(6 Bedroom apartments with 2 Bathrooms)

R 30 067

R 60 134

R 1 800

R 9 020

R 21 047

R 9 020

R 21 047

Take note:

  • IIE MSA Fees are increased on an annual basis.
  • Due to limited accommodation on campus, you are required to pay for your residence upfront.
  • Should you decline our offer for accommodation, you will only forfeit the R1 800 Admin Fee.
  • Should you be offered accommodation and you accept and pay the 30% deposit but do not take up the room, you will forfeit your R1 800 Admin Fee and R2 200 of your Acceptance Deposit.
  • Any damages to residences will be charged to the student’s tuition and residence account and is payable immediately.
  • Should you be offered accommodation, accept the offer, move into your room and decide to move out of your assigned room before the conclusion of the specific semester, you will be held liable for the full semester fee (including the residence admin fee).  If you manage to secure an active IIE MSA student to take over your lease, we may consider a pro-rata fee for each student.
  • Your 1st semester accommodation fee covers occupation for February – June.
  • Your 2nd semester accommodation fee covers occupation for July – November.

2019 Miscellaneous fees

TypeDescriptionFee
AdministrativePrinting (per black & white A4 page)R0,85
AdministrativePrinting (per coloured A4 page)R2,50
AdministrativePrinting (per coloured A3 page)R5,00
AdministrativeFaxing (per page to a South African number)R5,50
AdministrativeFaxing (per page to an International number)R6,50
EnrolmentAcademic transcript (1 copy)R45,00
EnrolmentLate enrolment feeR1 600,00
EnrolmentReinstatement of enrolment after invalidationR600,00
ExamsCell phone disturbance during exam session – penaltyR600,00
FeesBank charges on South African refunds (per refund request)R70,00
FeesBank charges on International refunds (per refund request)R370,00
FeesStudent Lockers (per semester)R180,00
GraduationExtra tickets (approved at Graduations Committee)R300,00
GraduationReplacement of IIE MSA CertificateR1 150,00
GraduationReplacement testamur (To be arranged with The Independent Institute of Education)
http://www.iiemsa.co.za/fees/other-fees-charges/miscellaneous-fees
ReplacementIdentity card replacementR120,00

IIE MSA Fees are reviewed on an annual basis.

2019 Gym Fees

TypeMonthly3 MonthSemesterYear
StudentR100R230R300R550
SportsR60R170R200R350
AlumniR150R250R400R750
Cage onlyR50R120R180R300

IIE MSA Fees are reviewed on an annual basis.

Calculating your fees

  • Full-fee students (international or domestic) can calculate their module fee by multiplying the annual programme fee by the load of the modules.
  • The equivalent full-time student load (EFTSL) of the module is calculated by dividing the number of credit points of the modules (six credit points) by 48 credit points which is the equivalent full-time load per year.
  • For example, a six point module (semester modules) is 0.125 EFTSL, and the annual programme fee is R 85,300 so the individual module fee would be:
    R 85,300 x 0.125 = R10, 662.50
  • Quotations are available on request – request a quotation (pdf, 70K)