Executive Master’s in Business Administration program
The University reserves the right to modify the published scale of tuition and other student fees without prior notice, at any time before the beginning of an academic term. This document contains the most current information on the University's Financial Regulations and Fees and is the authoritative document regarding the University's financial regulations as well as the billing of tuition and compulsory fees.
A. How fees are billed
1. Privatized graduate programs
The Executive Master's in Business Administration (EMBA) degree program is not funded by the Quebec Ministry of Higher Education and is therefore considered to be a privatized program.
2. How and when fees are billed
Students admitted to the EMBA graduate degree program normally register for fall and winter term courses at the beginning of September. Upon registration, annual tuition fees are charged to the student's account. Students can view and pay their tuition fees online. Students can also access their tuition fee details by logging in to the Student Hub and going to My CU Account.
Students who are concurrently registered in an EMBA program and a Qualifying or Graduate Independent program or are registered as an auditor in a Graduate course will be charged tuition and compulsory fees in addition to the annual EMBA program fees.
3. Prerequisite and deficiency course fees
A deficiency course is a course which must be taken in addition to the nominal credits in a student's program and does not apply to the degree program. Deficiency credits may include graduate or undergraduate courses.
All deficiency and prerequisite registered course credits that do not apply to the student's Goodman Institute degree program will be charged tuition and compulsory fees on a "per credit" basis. These fees are charged in addition to, and concurrently with, the annual program fees charged.
Information and a breakdown of tuition and compulsory fees for Master's and PhD programs is available on the Tuition and fees webpage.
4. "Elective" and 'Hors programme' courses
Courses that cannot be applied to the student's degree program are considered to be "elective" or 'cours hors programme' and are charged tuition and compulsory fees on a "per credit" basis. These fees are charged in addition to, and concurrently with, the annual program fees charged.
5. Audit course fees
Courses not taken for credit are registered under a student's Master's or PhD program and an Audit grade is recorded to the student's record. Audited courses are charged tuition and compulsory fees on a "per credit" basis. These fees are charged in addition to, and concurrently with, the annual program fees charged.
6. Health insurance for International students
Immigration Quebec services and the Ministère de l'Éducation, de Loisir et du Sport du Québec (Quebec government) require that all International students be covered by a health insurance plan while studying and living in Quebec. To this end, the University has implemented a compulsory health and accident insurance plan for its International students.
Note: International students possessing Québec Medicare cards or certain private insurance coverage may be eligible for an exemption from enrolment in the compulsory insurance plan. To apply for the exemption or for further information please speak with the Assistant Director of the EMBA.
B. Executive MBA program fees
|Master's of Business Administration||$ 37,500 annually for 2 years|
C. Financial obligations
In order to register, a student's account must be in "good standing" (i.e. the student has no outstanding balance or monies owing from a previous or current term). Once a student has registered for a course(s) or course notation, e.g. CIP, STOQ, the student becomes responsible for payment of the resulting fees. Fees become due at the start of the fall term.
2. Payments, payment deadlines and what fees must be paid
For the purpose of this document, the definition of the words "payment" and "paid" is:
"A student's account is considered to have been paid only when the student's payment appears on the student's account."
The student's payment must appear on the student's account no later than the published payment deadline date. If the student makes a payment at his/her bank or on the bank's online payment service, and if that payment is made on the actual payment deadline date, or one or two days before the payment deadline date, the payment will not appear on the student's account until after the deadline, and the late payment penalties may apply.
All monies owing to the University (such as tuition and compulsory fees, library fines, etc.) must be paid when they become due; that is, the payment must appear on the student's account no later than the payment deadline date.
A Student's Account balance is available on the Student Centre. Students can also access their account balance by logging in to the Student Hub and going to My CU Account. Payment deadline dates are available under the Fee Payment Deadlines section and on the Student's Account. No printed invoices or statements of account are issued by the University for students who are currently registered in a course or course notation (e.g. CIP).
3. When are fees due and when must fees be paid?
EMBA program fees become due at the start of the fall term and must be paid in full by September 30th. Installment payment plans are available. Fees may be paid in two equal installments due on September 30th and January 31st. Students may also make equal monthly payments over the academic year, from September to April (8 payments) inclusive.
Note 1: No printed invoices or statements of account will be issued by the University. If someone other than the student will be paying the student's fees, e.g. a sponsor, company, etc., the student must make sure that the person or company paying the fees is fully aware of the payment deadlines and methods by which payment can be made.
Note 2: Payments made through a bank's online payment service takes approximately 3 to 5 business days to appear on the student's account. Other payment methods may also take several days to appear on the student's account. Please keep this mind when meeting a payment deadline.
4. Methods of payment
For a complete list of Methods of Payment, Please visit: https://www.concordia.ca/admissions/tuition-fees/fee-payment-deadlines/methods-of-payment.html
5. Payment arrangements for students with an outstanding balance from a previous term
In exceptional circumstances that are beyond the student's control, students with an outstanding (overdue) balance from a previous term may be eligible to negotiate a payment arrangement with the Student Accounts Office located at Birks Student Service Center (BSSC) LB-185. A payment arrangement would allow the student to register for courses.
If the student does not meet the terms and conditions of the Special Payment Agreement contract, the student will not be eligible to negotiate a payment arrangement for one full academic year, i.e. the next 3 to 5 academic terms.
Payment arrangements do not supersede the University's financial regulations with regard to the release of diplomas, scholastic certificates, official and unofficial transcripts of academic record, attending convocation plus letters of attestation of academic standing, confirmation of enrolment, confirmation of grades or completion of program, financial standing, immigration status, degree verification, detailed statements of account, payment receipts or permission to register in future terms. In addition, students will not be permitted to register for additional courses or future academic terms until all current amounts due are paid in full.
The University reserves the right to cancel a current registration if payment arrangements are not honoured. However, current registrations will not automatically be cancelled for non-payment of an outstanding balance.
6. Other payment arrangements
- Students whose fees are paid to the University by a "Sponsor" (e.g. government, embassy, corporation, etc.) must present original proof of sponsorship to the Student Accounts Office before the payment deadline date. Any fees not covered by the student's sponsor must be paid by the student no later than the payment deadline date.
- Payroll deductions may be available to teaching and research assistants and certain Concordia employees. The student must go to the Payroll Office in S-FB-1120 to complete and submit a Payroll Deduction form.
7. Consequences for late payment and/or non-payment of fees
- Accounts registration restrictions; registration and course changes
An Accounts Restriction will be applied to any student's account with an outstanding (overdue) balance. Students with an accounts restriction will be withdrawn from all future waitlisted courses and will not be permitted to register for, or make course changes to an existing registration in a current or future academic term. Students are permitted to drop a course(s) or withdraw from their program of study at any time.
Courses for which a student has registered in the current and future academic terms are not cancelled and the student is not barred from attending class, sitting for "in-class" examinations, or submitting course work.
Students with an Accounts Restriction are not permitted to attend Convocation. An Accounts Restriction is automatically removed when the outstanding (overdue) balance is paid in full.
- Release of official transcripts and other official documents
Failure to make payment when a fee becomes due is sufficient cause for the University to bar a student from having access to Library and IT services, accessing some student portal services including but not limited to: My Class Schedule, My Book List, My Grades, Transcript, Registration excluding withdrawals from a course(s), Get a Locker, Student Parking, and the Continuing Education menu items such as Transcript, Class Schedule or Contract.
Failure to make payment when a fee becomes due is sufficient cause for the University to withhold diplomas, scholastic certificates, official and unofficial transcripts of academic record plus letters of attestation of academic standing, confirmation of enrolment, confirmation of grades or completion of program, financial standing, immigration status, degree verification, detailed statements of account, special company/tuition receipts and so on.
Transcripts for students with outstanding balances on their student account will be released under the following circumstance only:
- for applications to a Concordia University program.
All other requests for official transcripts or other documents will not be granted.
- Interest fees
Compounded monthly interest fees are charged once an account becomes "delinquent".
8. When miscellaneous fees/charges become due
Miscellaneous fees (e.g. interest charges, locker fees, fines, etc.) are due 30 days from the date that the charge is posted to the student's account. After that date, late payment and interest fees are applied to accounts with an outstanding balance.
9. Adjustments to a student's account
All accounts are subject to revision for changes to the published scale of fees (which may be made without prior notice at or before the beginning of an academic term), registrations of record and for the adjustment of errors or omissions, as well as in the case of courses cancelled by the University.
10. Tuition & Enrolment (Tax) Receipts
Tuition & Enrolment (tax) receipts are issued each February for the previous taxation year. You can view your tax receipt online. You can also access your tax receipt by logging in to the Student Hub and going to My CU Account.
As an eligible educational institution, Concordia University can only provide Canadian federal (T2202A) and provincial (RL-8) tax receipts. If you are filing taxes in the US, you can use the information on the T2202A, along with Concordia’s EIN (Employer Identification Number) 98-1422233. You will require this information in order to complete your US income tax returns.
11. Returned items (e.g. cheque payments)
Current and/or future registrations may be cancelled if a cheque or credit card payment (e.g. application fee) is returned for any reason. A returned items processing fee will be charged for each returned item.
12. Delinquent student accounts
If monies owing to the University are not paid by April 30th, the student's account will be considered to be delinquent.
13. Delinquent accounts collections
Overdue payments and delinquent accounts are managed as follows:
- Interest fees
Compounded monthly interest fees are charged once an account becomes "delinquent". That is, beginning April 30th, compounded monthly interest is charged on all outstanding balances.
- Collection of a delinquent account
The Student Accounts Office will
- send an e-mail to the student's e-mail address on record as a reminder that the student's account has become delinquent and that the account will be placed with a collection agency if payment is not received within a specified period of time; or
- send a statement of account or letter to the student's mailing address on record as a reminder that the student's account has become delinquent and that the account will be placed with a collection agency if payment is not received within a specified period of time; and
- place the account with a collection agency if payment has not been received within the period of time noted on both the e-mail and letter reminders.
The University reserves the right to proceed by way of legal action.
D. Refund of fees (financial credit on account or refund)
No refund will be granted for any course(s) for which the student has or will receive a grade, including grade notations, e.g. discontinued (DISC), etc. Once a student has enrolled in a Master's/Magisteriate or Ph.D. program and is registered for a course or a course notation, e.g. CIP, STOQ, he/she is responsible for the payment of the resulting fees.
2. Withdrawal from a course(s)
Master's and PhD students are not granted a refund of fees paid, or a financial credit on account, when they officially withdraw from a course before or after the DNE withdrawal deadline. Students should refer to the Graduate Calendar for further information about the official procedure to withdraw from a course.
3. Withdrawal the EMBA program
A full refund of fees paid, or a financial credit on account, will be granted to students who officially withdraw from their degree program before the published DNE withdrawal deadline. Students who withdraw from their degree program after the DNE withdrawal deadline will not receive a refund of fees paid, or a financial credit on account.
Not attending classes, not paying tuition, or simply informing the instructor of one's intent to withdraw does not constitute official withdrawal from the course or program of study, nor does it entitle the student to a refund of fees paid, or a financial credit on account.
In the event that a student has not yet made payment and withdraws after the DNE deadline, the student will be held financially responsible for the payment of the resulting fees. Tuition and all compulsory fees charged for previous academic terms are non-refundable.
4. Requesting a refund
Students may leave a credit on their student account and it will automatically be applied to fees owing in the next semester(s). All refunds under $10 will only be refunded by Interac (debit card) at the Birks Student Service Centre, S-LB-185.
All refunds of $75 and more will be refunded via the original payment method (debit, credit card or cheque). All refunds must be submitted online through the Student Centre. You can also access your Student Centre by logging in to the Student Hub and going to My CU Account. Once in the Student Centre, select Finances > other financiall. Use the drop down menu to select Refund Request. Please note, when requesting a refund on the Student Centre, “Cheque” is set as a default option. If a student request a cheque refund, it is automatically made payable to the student, unless the student asks that a cheque refund be made payable to a third party, e.g. a parent, spouse, etc. In that case, the student must provide the name and mailing address of the third party payee.
When the refund pertains to the current academic term, the refund will only be processed after the covering deadline for withdrawal with full refund (DNE deadline). Verification of the student's account may take some time, especially during peak refund request periods. A cheque refund is normally mailed within 10 business days of the deadline for withdrawal with full refund (DNE) deadline and the student's online request.
When students request a refund for credit balances created by scholarship, bursary, loan and other student award disbursements, all efforts to expedite the refund as quickly as possible will be made. In these cases only, the student may request a refund by Interac (debit card) for a maximum of $1,000 at the Birks Student Services Centre and submit an online request asking that the remaining credit balance be reimbursed by cheque refund. Or, the student may submit an online request for the full refund.
International students requiring a refund by wire transfer must be submitted online through the Student Centre. You can also access your Student Centre by logging in to the Student Hub and going to My CU Account. Once in the Student Centre, select Finances > other financial. Use the drop down menu to select Refund Request. A wire transfer refund is normally processed within 10 business days of the deadline for withdrawal with full refund (DNE) deadline and the student's online request. The student will assume the cost of the wire transfer. The cost of the wire transfer will be deducted from the amount of the refund transferred by wire. Please note that requests for wire transfers to a Canadian or U.S. bank will not be processed. Canadian and U.S. students must submit a cheque Refund Request as noted above.