Part-time MBA Program Costs and Payment

Part-time CIMBA participants spend about €20.000 for the two year program, including tuition, fees, books, study materials, housing and living expenses in the U.S., and miscellaneous expenses.

Tuition and fees for the Part-time MBA program
Italy session (Fall, spring, summer) tuition and materials 12.000 €
Iowa City session tuition and materials 3.000 €
Health insurance in Iowa City* US$270
University of Iowa summer program fee US$500
Flight and travel expenses (estimate) US$2,000
Room and board in Iowa City (estimate) US$800
US Visa (estimate) US$300

*Non-US citizens are required to have health insurance during the summer session in Iowa City. If you already have insurance that covers you during your stay in the US, you may qualify for an exemption. More information about how to apply for an exemption will be provided to you prior to the summer session. For US citizens, this insurance is optional.


Breakdown of tuition for Italy modules
Business Tutorials 1.200 €
Statistics 1.200 €
Accounting 1.200 €
Economics 1.200 €
Operations 1.200 €
Finance 1.200 €
Marketing 1.200 €
Management 1.200 €
New Venture 1.200 €
Information Systems 1.200 €
Total for 10 Italy modules 12.000 €

 *VAT expenses need to be added to the tuition costs.

Tuition payment is due to CIMBA at the beginning of each module attended. The last installment must be paid at least one month prior to departure for the final session in the US. Payments may be made by check or wire transfer.

As a part-time student, you have the option to pay your tuition through a pre-arranged monthly installment plan with no extra costs or fees. Additional details will be provided at the beginning of the program.