Is Korea expensive for applicants?
-
1 Answer
-
Yes, Korea is expensive for applicants. It is important that the applicant plan out the budget beforehand. Some of the estimated expenses are as follows:
- Application fees for an undergraduate program is 150,000 KRW and 130,000 KRW for a postgraduate, PhD and integrated programs and 120,000 KRW for global MBA.
- Along with the tution fees, applicant will also have to pay miscellaneous fees every semester which will cover additional services such as student council, editorial board, newspaper subscription fee, broadcasting fee and many more.
- Apart from the study programs, cost of living can be costly than that of living in India. Yonsei Unive
...more
Similar Questions for you
Korea University and Yonsei University both are among the top choices of international students in the USA. Every university offers something unique for its international students to stand out of the herd. Both universities have its advantages and disadvantages.
According to Shiksha Popularity Rankings, Korea University has an overall ranking of #187 in world and Yonsei University has an overall ranking of #123 in world. Yonsei University has an upper hand iun terms of Shiksha Popularity Rankings. Check the comparison listed below between Korea University and Yonsei University. The below comparison will help students in gaining more cla
Yonsei University is ranked #2 in South Korea and #123 at a global level by Shiksha Popularity Ranking. The university is ranked #50 in 2026, whereas 2025 ranking is #56 as per QS World University Ranking. This indicates an increase in trend. Times Higher Education ranked the university at #102. Apart from this, US News ranked the university #180 in 2025, indicating an upward graph. This is possible due to various factors.
First year tuition fees to study Global MBA from Yonsei for an Indian student is INR 27 L. Other expenses are mentioned in the table below.
Particulars | Cost |
|---|---|
Hostel & Meal | INR 28,500 |
Miscellaneous | INR 13,500 |
Living Expenses | INR 27,000 |
Application Fee | INR 7,200 |
Total | INR 76,200 |
There are mainly two types of scholarships that can be availed by Indian students: institutional and external scholarships. These are explained below:
Institutional scholarships - All the students are considered for Incoming Student Award prior the admission. This scholarship can cover up to 100% of the tuition fees, depending on the budget. The scholarship will remain in effect only for the first semester. If students wish to the same for next semesters, they will have to apply for financial aid, while meeting the academic and need-based requirement. Dean's Scholarship is one of those that can be considered after the first semester.
Ext
Taking an Exam? Selecting a College?
Get authentic answers from experts, students and alumni that you won't find anywhere else
Sign Up on ShikshaOn Shiksha, get access to
- 65k Colleges
- 1.2k Exams
- 687k Reviews
- 1800k Answers
