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Global Luxury Goods & Services
Management (MGLuxM) Program
PROGRAM
Fees & SCHOLARSHIPS
March 2025 INTAKE
| FEE COMPONENT | PAYMENT DEADLINE | CURRENCY | AMOUNT | |
| SP Jain | Registration Fees | 10 days from the offer letter received | INR | 2,00,000 |
| Tuition Fees (Instalment 1) | 40 days from the offer letter received | INR | 6,00,000 | |
| Tuition fees (Instalment 2) | 15th May 2025 | INR | 2,65,000 | |
| Program fees for students who enrol (via credit transfer at Polimi GSOM) | Tuition fees (Instalment 3) | 15th June 2025 | EURO | 7,700 |
| Tuition fees (Instalment 4) | 10th July 2025 | EURO | 3,000 |
*It is mandatory for students to learn Italian before proceeding to Milan. Students would need to enrol for Italian language classes through our partner institute and the fees for the same are included in the program fees. Details of the classes will be shared once students commence Term 1.
EXPENSES IN MILAN (INDICATIVE ONLY)
| Expenses Per Month (In EUR) |
|
| Accommodation | 650 |
| Food | 200 |
| Social Life | 80 |
| Transportation | 35 |
| Mobile | 30 |
| TOTAL | 995 |
ONE-TIME FEES (INDICATIVE ONLY)
| Amount (In EUR) |
|
| Visa (approximate) | 100 |
| Stay Permit (optional) | 150 |
| Health Insurance | 100 |
| Enrolment and Stamp Duty cost | 100 |
| CIMEA/DOV Enrolment Cost | 150 |
| TOTAL | 600 |
Please note: Non-payment of fees may lead to cancellation of Admission.
SCHOLARSHIPS
SP Jain, in its endeavour to encourage meritorious students to excel in their academic and career paths, is inclined (without any commitment) to offer scholarships to selective candidates joining the MGLuxM program.
There are various levels of scholarships granted, based on a holistic view of the candidate’s profile. It is granted at the sole discretion of the Scholarship Committee.
Academic Scholarships
Applicants must fulfil the below requirements to be considered for Academic Scholarships:
- 75% (minimum) score in all years of education – 10th, 12th and each year of graduation
- Outstanding achievements in social service, sports and extracurricular activities are also considered
- Statement of Purpose (SOP)
Most institutes give scholarships based purely on academic performance, but we believe that apart from academics a student needs to have a well-rounded personality.
Leadership Scholarships
Applicants will be considered for Leadership Scholarships based on the following criteria:
- Relevant experience or domain expertise
- Interview performance
- Good presentation and communication skills
All applicants will be considered for scholarships (Academic or Leadership) after being selected to join the program. There is no additional application required.
Candidates who receive scholarships must abide by the Code of Conduct during the course of the program.
Please note: Students can avail only one category of scholarship at a time. All decisions by Admissions will be final.
Programs
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© S P Jain School of Global Management