Master in Development
Management Fees and Financing
Program Fee
The fee for the Master in Development Management (MDM) program for the January 2026 intake is USD 20,500*.
A registration fee of USD 1,000 is required upon acceptance of the admission offer to reserve a seat in the class. The registration fee is deductible from the total program fee and is non-deferrable, non-refundable, and non-transferable.
To gain more information on the financing options available for the MDM program, please email mdm@aim.edu.
*Subject to change
Application Deadline for January 2026 Intake
13 December 2025
(For Non-Resident and Resident Applicants)
Payment Options
Please refer to this document for information on our payment options.
Payment in Philippine Pesos (PHP) and US Dollars (USD) are accepted. Fees paid in PHP are based on the prevailing USD/PHP exchange rates. You may request for an exchange rate assessment from the Asian Institute of Management (AIM) before making a payment.
Exclusive Rates
Accepted Master in Development Management (MDM) candidates for the January 2026 intake who will register on the dates mentioned below will be entitled to limited-time offer rates.
Less USD 1,500 – If paid on or before 30 September 2025
Less USD 1,000 – If paid on or before 30 November 2025
- Family members, within the first degree of consanguinity (parent or child) and affinity (spouse), of an alumnus or alumna from an Asian Institute of Management (AIM) degree program are entitled to a 20% savings on the total program fee.
- Alumni of the School of Executive Education and Lifelong Learning (SEELL), formerly known as the School of Executive Education programs, will be entitled to a 10% savings on the total program fee.
Note: Offers cannot be combined and only one can be availed. We will consider whichever discount is higher. Offers are subject to change.
Study Now, Pay Later
The Asian Institute of Management (AIM) offers study now, pay later programs for Filipinos, aiming to empower students to prioritize their education and cultivate a mindset of lifelong learning. The loan programs apply to a maximum of 80% of the program balance fee, excluding registration fees, discounts, and/or scholarships. Limited slots are available, and applications are processed on a first come, first served basis. To ensure the validity of a loan application, the applicant must have paid the registration fee and fulfilled all the necessary loan application requirements.
The study now, pay later programs at AIM do not require collaterals. Instead, applicants must provide a co-maker — an individual known to them, willing to function as a guarantor for the loan. The co-maker assumes the responsibility to settle the monthly amortization if you default. Qualified co-makers must be under 55 years old and must be residing and working in the country.
Repayment Term – 3 years or 5 years
Monthly Amortization Payment – Payment starts six months after the program’s scheduled end-date
Interest Rate – 0%
- Maximum loan amount depends on the salary pre-Master in Development Management (MDM)
- Limited slots only (first come, first served basis)
- Once the slots have been filled, all succeeding applications will be ported automatically to the In-house Loan Program
Requirements:
For both the applicant and co-maker:
- Completed loan application form (with ID picture)
- Photocopy of one (1) valid photo-bearing, government-issued ID with signature
- Proof of billing (bearing the declared address)
Additional requirements for employed applicants and co-makers:
- Latest Income Tax Return
- Copies of the most recent (3) months’ pay slips
- Latest company-issued Certificate of Employment with compensation, inclusive of the following information:
- Name of employee
- Current designation
- Job tenure
- Gross monthly or annual income
Additional requirements for self-employed applicants and co-makers:
- DTI Certification / Mayor’s Permit or Business Permit
- SEC Certificate of Incorporation, Articles of Incorporation and By-Laws
- For Corporations: Latest General Information Sheet (GIS)
- Partnership with Articles of Incorporation
- Audited Financial Statement
- Latest Income Tax Return
- Latest Individual Income Tax Return
Repayment Term – 3 years or 5 years
Monthly Amortization – Payment starts three months after the program’s scheduled end-date
Interest Rate – 7% to 9%
- Maximum loan amount depends on the salary pre-Master in Development Management (MDM)
- Limited slots only (first come, first served basis)
Requirements:
For both the applicant and co-maker:
- Completed loan application form (with ID picture)
- Photocopy of one (1) valid photo-bearing, government-issued ID with signature
- Proof of billing (bearing the declared address)
Additional requirements for employed applicants and co-makers:
- Latest Income Tax Return
- Copies of the most recent three (3) months’ pay slips
- Latest company-issued Certificate of Employment with compensation, inclusive of the following information:
- Name of employee
- Current designation
- Job tenure
- Gross monthly or annual income
Additional requirements for self-employed applicants and co-makers:
- DTI Certification / Mayor’s Permit or Business Permit
- SEC Certificate of Incorporation, Articles of Incorporation and By-Laws
- For Corporations: Latest General Information Sheet (GIS)
- Partnership with Articles of Incorporation
- Audited Financial Statement
- Latest Income Tax Return
- Latest Individual Income Tax Return
Seize financial control: Explore our loan calculator
The Loan Calculator is a tool designed to help you estimate your monthly payments, interest rates, and overall loan expenses. This feature empowers you to assess diverse scenarios, enabling informed decision-making. Simply input your loan details and let our calculator do the work for you.
Scholarships
We are committed to ensuring accessibility to the Master in Development Management (MDM) program for Asia’s vibrant pool of aspiring graduates. This commitment is exemplified through full and partial scholarships to exceptionally qualified students. These students are selected not only for their potential to enrich discussions in our case rooms and encourage wider worldviews within the student community but also for their ability to make meaningful contributions to their organizations and communities upon graduation.
For a scholarship application to be deemed valid, applicants must have paid the registration fee and have completed the loan application requirements. The Asian Institute of Management (AIM) reserves the right not to grant these scholarships if no suitable outstanding candidates are identified.
The Asian Institute of Management (AIM) Institutional Scholarships and grants-in-aid applications are processed once admitted into the program.
Requirements:
- Latest company-issues Certificate of Employment with compensation
- Latest Income Tax Return
- Copies of the most recent (3) months’ pay slips upon scholarship application
- Copy of Official Transcript of Records with Cumulative Grade Point Average (CGPA)
Note: if this info is not in your Transcript of Records/Marksheets, request your CGPA in a certificate format from your school’s registrar’s office.
Grants-in-aid are awarded based on merit and the applicant’s financial needs. It covers up to 25% of the program fees.
The Asian Development Bank (ADB), with funding from the government of Japan, established the ADB-Japan Scholarship Program (ADB-JSP) to encourage and strengthen human resource development in 1988. The Asian Institute of Management (AIM) was one of the first ADB-designated institutions to receive scholarship funding for deserving students.
The scholarship award covers 100% of the program fee, including campus dormitory accommodation, one round-trip economy class airfare, and a stipend. Upon graduation, the scholars are expected to contribute to economic and social development in their home countries.
AIM will screen your application based on its own selection criteria, considering the ADB eligibility standards and requirements. Thereafter, AIM will submit the screened applications to ADB, which will review the submissions based on their selection criteria and recommend awardees to the Executive Director for formal approval.
Scholarship Criteria:
- Bachelor’s Degree from a recognized university or institute of higher learning
- Minimum of two to three years of strong professional work experience, preferably at the supervisory or managerial level
- Not more than 45 years old at the start of the program
- No prior Master’s or Doctoral Degree(s)
- Have not lived, worked, or studied in a country other than his/her own home country
- Proficient academic records
- Proficiency in oral and written English
- Commits to returning to his/her home country after the completion of the MDM program
- Willing to be a full-time student for the duration of the program and should be willing to have no other source of income during this time
Requirements:
*All requirements must be in pdf format. Incomplete requirements will not be processed.
- Duly Accomplished ADB-JSP Information Sheet
- Copy of Undergraduate Diploma
- Copy of Official Transcript of Records with Cumulative Grade Point Average
- Company-issued Certificate of Employment for the last five years bearing the company’s letterhead or logo and signed by an authorized signatory. The certificate must also state the start and end date of employment (e.g. Jan 2020 to Dec 2023 or Jan 2020 to present)
Note: If the current employment duration is less than two years, kindly provide a certificate of employment from the preceding company as well. - Company-issued Certificate of Income bearing the company’s letterhead or logo and signed by an authorized signatory (can be Annual Income, Monthly Income, or Latest Income Tax Return)
- Company-issued Certificate of Family Income bearing the company’s letterhead or logo
- For unmarried applicants: Annual/Monthly Income of Parents
- For married applicants: Annual/Monthly Income of Spouse
Note: If the status is unemployed, retired or deceased, an authenticated supporting document must be submitted (e.g. certificate issued by the local government).
* If the income is in local currency, fill out and submit the Conversion To USD form.
- Copy of applicant’s passport
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