Development Finance Fees

The GSB fee structure for academic programmes, in keeping with other international business schools, has different rates for South African and non-South African students. Fees are quoted for one year and are subject to annual increase.



Total fee Acceptance deposit Application fee
South African / African citizens and
permanent residents 
R131 280 (1st year 2020/21)
R39 060 (2nd year 2019/20)
R15 000 R1 650
Non-African residents and 
International students   
R191 000 (1st year 2020/21)
R55 400 (2nd year 2019/20)
R30 000 US $285
(For applications outside Africa)

Fees are subject to annual increase.


Please note:

  • Application fees are non-refundable. Paying an application fee does not mean that your application will be successful.
  • If you are offered a place on the MCom in Development Finance programme you will be asked to pay an acceptance deposit. Acceptance deposits are non-refundable and will be credited to your student fee account.

Please click here to see the fees schedule for all our academic programmes.

For funding opportunities, please click here.



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