If you planning to pursue a master’s degree is a strategic step for your future career. However, did you know how exclusive this opportunity is in Indonesia? The latest data (2024) shows that the number of master’s and doctoral graduates only comprises 0.45% of the total population in Indonesia, making master’s degree holders a sought-after talent pool in demand by industry.
Seeing this opportunity, the next question that arises is, “How do I plan for a master’s degree?” “Is a master’s degree expensive?” Understanding how to properly budget for a master’s degree is crucial before you proceed further, and this article will guide you through how to calculate the total cost of your program at UBM.
At Universitas Bunda Mulia (UBM), payments don’t have to be made all at once, meaning you can choose to make installments without breaking your save!
Also Read: Master’s Study Program
Semester Credit Unit (SKS) System at UBM
Have you ever heard of the term “semester credit unit”? Typically, at other universities, you’re charged per credit unit, for example, the Computer Programming course in the Master of Information Technology study program, which is worth 4 credit units.
At UBM, the credit unit system is structured into a semester-by-semester package, so you don’t have to worry about calculating how much you’ll pay each semester (semester fees remain the same from the start). For example, if you choose the Master of Information Technology study program with a Study Program Fee (SPF) of Rp 9,000,000, your tuition fee will remain the same from semester 1 to semester 4 without any increase.
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What fees are covered?
So, the fees you pay include all facilities at UBM, such as the Discussion Room, the UBM Sport Hall, the UBM Grand Auditorium, the UBM Library, the UBM Lecture Hall, the Fitness Center, and many more.
Form and Administration Fees
But before you get into the administration fees, you need to pay this form fee as proof of your commitment and choice to study at Universitas Bunda Mulia. The administration fee is a one-time payment when registering for postgraduate studies.
In 2025, the Postgraduate administration fee is Rp 2,500,000 and the application fee is Rp 500,000.
Study Program Fee (SPF)
The Study Program Fee or Education Provider Fee (BPP) will be adjusted by the Master’s Program at UBM, depending on the program you choose.
Semester Basic Fee (SBF)
The Semester Basic Fee (BPS) is different from the SPF because it covers the use of the buildings and facilities mentioned above. The SBF fee at UBM is the same at Rp 9,000,000.
Estimated Cost per Semester
To calculate the estimated cost per semester, you can add the SBF and SPF. Here is a breakdown of the SBF and SPF fees for several study programs:
- Master of Management (Ancol Campus): Rp 9,000,000 per semester.
- Master of Communication Science (Serpong Campus): Rp 9,000,000 per semester.
- Master of Information Technology (Serpong Campus): Rp 9,000,000 per semester.
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How to Calculate the Total Cost of the First Semester
The fees you must pay in the first semester are the total of the registration fee, Semester Basic Fee (SBF), and Study Program Fee (SPF) for semester 1. This first payment must be made no later than one month before the start of classes.
First Semester Calculation Example:
For example, if you choose the Master of Management program, the calculation is:
Registration Fee + (SPF + SBF) Semester 1 (Rp 500,000 + Rp 2,500,000) + Rp 9,000,000 + Rp 9,000,000 = Rp 21,000,000
Additional Fees to Note
It is important to note that the fee breakdown above does not include several other fees, such as:
- Thesis fee.
- Thesis defense fee.
- Colloquium fee.
- Graduation fee.
- Book fee.
- Resit exam fee.
- Conclusion
Education is an intangible but invaluable asset. In addition to deepening your knowledge and research and analysis, you can expand your network and gain valuable experience.
Universitas Bunda Mulia offers a flagship postgraduate program with a curriculum oriented to industry needs and based on real-world practice to ensure graduates excel in the workforce.
Conclusion
Education is an intangible but invaluable asset. In addition to deepening your knowledge and research and analysis, you can expand your network and gain valuable experience.
Bunda Mulia University offers a flagship postgraduate program with an industry-focused and practice-based curriculum to ensure graduates excel in the workforce.
For more information about registration or scholarship look below here:
Get more information about applying to Bunda Mulia University’s postgraduate program.
ANCOL CAMPUS
Jalan Lodan Raya No.2, Jakarta Utara 14430
Telp Number: 021 690 9090
SERPONG CAMPUS
Jalan Jalur Sutera Barat Kav. 7-9, Alam Sutera, Tangerang, Banten 15143
Telp Number 021 8082 1428
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Universitas Bunda Mulia, Bridging Education to the Real World!✨