Financing your MBA

All students accepted to Hitotsubashi ICS enjoy a form of financial aid via our low matriculation and tuition fees, thanks to Hitotsubashi’s status as a public, national institution.

Matriculation feeJPY 282,000
Annual tuitionCurrent: JPY 535,800
Students enrolling in or after April 2021: JPY 642,960

The above tuition fee is a preliminary estimate. Should the actual amount become subject to revision at the time of admissions or during enrollment, the new revised amount shall be applied, and go into effect from the time of revision.

Additional financial aid is available on a limited basis, and amounts vary from year to year.

  • For non-Japanese nationals, scholarships and grants are awarded to entering students who have outstanding GMAT scores, are self-financed, and are not a recipient of other scholarships. Please inquire with the Hitotsubashi ICS MBA Office at See also the Young Leaders Program Scholarship and the Asian Future Leaders Scholarship Program, below.
  • Financial aid is also available for Japanese nationals who are not sponsored by their employers. Please see the Hitotsubashi University website. These financial aid programs start each April. If you have more than two years’ experience working in Japan and will self-finance your MBA, you may apply for the Specialized Practice Training and Education Benefit, for which you apply with your nearest HelloWork office at least one month before the MBA program begins. Please inquire directly with HelloWork.

Young Leaders Program (YLP) Scholarship

Hitotsubashi ICS is the only institution in Japan where recipients of the prestigious and competitive YLP scholarships are eligible to study business management. This scholarship supports privately financed foreign students of good academic standing who experience financial barriers to studying at higher education institutions in Japan. Currently, citizens of Australia, Bangladesh, Brunei, Cambodia, India, Indonesia, Laos, Malaysia, Mongolia, Myanmar, Philippines, P. R. China, Rep. of Korea, Rep. of Turkey, Singapore, Thailand and Viet Nam (18 countries) are eligible to apply for a YLP scholarship at Hitotsubashi ICS.

YLP scholarship recipients at Hitotsubashi ICS come mainly from the business world. Unlike YLP students at Japanese graduate programs, at Hitotsubashi ICS they are integrated with all other MBA students and must meet all graduation requirements to earn an MBA.

To be considered for Hitotsubashi ICS’ MBA program, YLP applicants must:
  • be nationals of a country participating in the YLP
  • have at least 3 years of full-time work experience and be under 40 years of age as of September 1 of the entering year
  • be college graduates who have achieved excellent results have good command of English (Submission of TOEFL/IELTS score is optional but applicants should have English ability of a minimum TOEFL iBT score of 100, TOEFL PBT score of 600, TOEFL CBT score of 250, IELTS Academic score of 7.0 or equivalent)
  • have general aptitude for business studies (Although not strictly required, submission of GMAT/GRE score is highly desirable; GMAT score of 600 or above, or GRE score of 160 or above on Quantitative Reasoning and 150 or above on Verbal Reasoning is expected.)
Contact the Japanese Embassy of your country of citizenship for application materials. Please note that the application details for YLP scholarship candidates (application deadline, etc.) differ from standard application requirements. Please contact the relevant Japanese Embassy as early as possible.

The Young Leaders Program, Japanese Ministry of Education, Culture, Sports, Science and Technology (MEXT)

  • Promotes the development of young leaders throughout Asia in both the public and the private sectors.
  • Develops a global network of young leaders.
  • Contributes to improve relationships among Japan and other countries of Asia.

The Asian Future Leaders Scholarship Program

Administered by the Bai Xian Asia Institute (BXAI), the Asian Future Leaders Scholarship Program (AFLSP) encourages students and educational institutions to cultivate lasting relationships based on mutual trust and understanding, building bridges across cultures. The AFLSP grants scholarships of up to US$25,000 (per scholar) to high-calibre Asian students who wish to study away from their home country or region at one of BXAI’s Partner Universities.

Both incoming first and second year students at Hitotsubashi ICS are eligible for the scholarship. Nominations are made based on merit by the Admissions Committee of Hitotsubashi ICS and are submitted to BXAI just after the admissions decision. Scholarship recipients must:

  1. Be a national of an Asian country or region
  2. Have high proficiency in English
  3. Possess strong personal integrity, propensity for international and intercultural understanding, compassion and willingness to serve and demonstrate his/her alignment with BXAI’s mission and vision
Once selected, all scholarship recipients must:
  1. Remain enrolled at Hitotsubashi ICS as a full-time student for the duration of participation in the AFLSP
  2. Fulfill the GPA requirement as stipulated by Hitotsubashi ICS and BXAI
  3. Participate in the BXAI Summer Program, which spans up to three weeks, in the first summer after enrollment in the AFLSP
  4. Participate in other mandatory AFLSP programs/activities as stipulated by BXAI
  5. Complete at least three of the five enrichment courses at Hitotsubashi ICS: (Knowledge Management, Knowledge Generation, Japanese Business and Economy, Japanese Culture, and Wise Leadership)
  6. Undertake an Independent Research project on the relationship between Japan and China

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