MBA in UK Cost in 2024-25: Tuition Fees, and Living Cost
Talk to Expert
The United Kingdom is known for its MBA courses, most of which last only one academic year unlike in other countries such as the USA, Australia, Canada, Germany, etc. All those looking forward to pursuing an MBA in the UK and pondering over its cost can wade through the article to get informed about the MBA fees in the UK and check out the universities offering an MBA in the UK along with their rankings & fees.
An MBA in the UK can transform a student's career path by flooding him with lucrative work opportunities that are both challenging and rewarding. Students who wish to give a promising start to their careers start off their journey by pursuing an MBA in the best business schools in the world. For that reason, the UK along with others remains a favourite destination for students that provides some of the top MBA colleges, with 6 of its colleges ranked in the top 50 MBA colleges in the world by the QS Global MBA Rankings 2024 and student-friendly cities with a lot of part-time work opportunities. In this article, we will present the cost of MBA in UK at some of the renowned universities.
Also Read:
MBA in UK
The 1-year duration MBA in the UK not only saves time but also helps students spend less than what they would have to in a lengthier MBA.
Students graduating from UK universities and B-schools are some of the most employable in the world. As per reports, out of every 10 overseas students, 7 have stated that obtaining their education from the UK helped them progress well, get promoted earlier, and earn more. The country owns many of the world’s top MBA institutions such as London Business School, Cambridge Judge Business School, Oxford Saïd Business School, Imperial College Business School, etc. Graduates from these institutes have done exceptionally well and obtained great positions in some of the top MNCs in the world.
Predict your IELTS, TOEFL, and PTE in just 4 steps!
UK MBA schools and colleges offer students some of the most diverse and best faculty with expertise in different specialisations. Also, with the blend of multiculturalism, global exposure, academic excellence, and tactical positioning, students gain a remarkable experience in the country.
Read:
Cost of MBA in UK 2024-25
Shelling out money is one of the major concerns which bother students while planning to study abroad. While the tuition fees for an MBA course in the UK depend upon the location of your university/college and your level of study, generally the MBA fee range for overseas students may be anywhere between £35,000 up to £60,000 (INR 35,50,516 to INR 60,83,082) per annum or for the whole programme. Although this may appear affordable to many there are many top universities that charge over £1,00,000 (INR 1,01,38,470).
In such cases, financial assistance such as scholarships and grants become your savior as many of these may even cover 100% of your study-abroad expenses. You may also check the Education Loan for MBA Abroad to make your academic journey more secure.
Let us now have a look at the top 10 MBA universities in the UK along with their duration and annual tuition fees.
| MBA Cost in UK 2024-25 | ||
|---|---|---|
| University | Duration | Tuition Fee (Full Programme Fee) |
| Shiksha Grade: C++ |
15-21 Months | ₹84.85 Lakh |
| Cambridge Judge Business School, Cambridge Shiksha Grade: A++ |
1 Year | ₹81.90 Lakh |
| Said Business School, University of Oxford Shiksha Grade: A++ |
1 Year | ₹92.72 Lakh |
| Imperial College Business School Shiksha Grade: A++ |
1 Year | ₹74.71 Lakh |
| Shiksha Grade: A+ |
1 Year | ₹59.49 Lakh |
| Shiksha Grade: A+ |
18 or 15 Months | ₹41.62 Lakh |
| University of Edinburgh Business School Shiksha Grade: A++ |
1 Year | ₹45.27 Lakh |
| Cranfield School of Management Shiksha Grade: C++ |
1 Year | ₹51.36 Lakh |
| Durham University Business School Shiksha Grade: A |
1 Year | ₹41.51 Lakh |
| Shiksha Grade: B++ |
1 Year | ₹53.13 Lakh |
Read: Top 10 Colleges for Executive MBA Programs
Top MBA Colleges in the UK
While there are a number of good MBA institutes in the UK offering excellent education and return on investment, we have listed below the top 20 of them that feature in the QS Global MBA Rankings, 2024, both overall and in the United Kingdom.
| University | QS Global MBA Rankings 2024 |
|---|---|
| London Business School, London | #4 |
| Cambridge (Judge), Cambridge | #9 |
| Oxford (Said), Oxford | #18 |
| Imperial College Business School, London | #20 |
| Warwick Business School, Coventry | #36 |
| Manchester (Alliance) | #49 |
| University of Edinburgh Business School, Edinburgh | #64 |
| Cranfield School of Management, Cranfield | #82 |
| Durham University Business School, Durham | #101-110 |
| City’s Business School, London | #101-110 |
| Leeds University Business School, Leeds | #111-120 |
| Lancaster University Management School, Lancaster | #121-130 |
| Southampton Business School, Southampton | #131-140 |
| Nottingham University Business School, Nottingham | #151-200 |
| Bath School of Management, Bath | #141-50 |
| University of Strathclyde Business School, Glasgow | #151-200 |
| Birmingham Business School, Birmingham | #151-200 |
| Aston Business School, Birmingham | #151-200 |
| Brunel Business School, London | #151-200 |
| Exeter Business School, Exeter | #201-250 |
Read: MBA at Imperial College Business School (ICBS)vs London Business School (LBS)
Top B-Schools in the UK for International Students: Complete University Guide
| University | Complete University Guide: Business & Management Studies Rankings 2024 | Graduate Prospects |
|---|---|---|
| University of Oxford | #1 | 96% |
| King’s College London, University of London | #2 | 96% |
| University of Bath | #3 | 91% |
| UCL (University College London) | #4 | 87% |
| University of Warwick | #5 | 90% |
| London School of Economics & Political Science (LSE) | #6 | 82% |
| University of Exeter | #7 | 86% |
| University of St. Andrews | #8 | 57% |
| Durham University | #9 | 85% |
| City, University of London | #10 | 89% |
| University of Leeds | #11 | 86% |
| Loughborough University | #12 | 85% |
| University of Manchester | #13 | 85% |
| University of Bristol | #14 | 89% |
| The University of Edinburgh | #15 | 75% |
Also Read:
MBA Graduate Salary in UK
The list below features the top 10 MBA colleges in the UK and their average graduate salaries. Also can be found are the names of companies or employers who have absorbed graduates from these institutes post-MBA.
| University | Average Graduate Salary |
|---|---|
| London Business School | £94,343 Recruiters: Google, Amazon, McKinsey, Goldman Sachs |
| Cambridge (Judge) | £75,198 Citi, Amazon, McKinsey & Company, Bain & Company |
| Oxford (Said) | £78,895 Amazon, KPMG, HSBC, Cognizant, Deloitte, EY |
| Imperial College Business School | £68,441 Amazon, TikTok, Uber Eats, PwC, HSBC, Deloitte, EY, Boston Consulting Group |
| Warwick Business School | £70,746 Amazon, Genpact, HSBC, EBay, JP Morgan, Capgemini, Gartner |
| Manchester (Alliance) | £98,300 |
| University of Edinburgh Business School | £93,200 Google, KPMG, Deloitte, Amazon, Citibank, Salesforce |
| Cranfield School of Management | £1,24,086 |
| Durham University Business School | £1,17,289 Hitachi, Boeing, P&G, Airbus, PwC, Diageo, EY |
| City’s Business School | £85,000 Bain & Company, Blackrock, EY, Maersk, Malayamart, Quanta Computers, PwC, Comcast, Ardian, Swoop |
Cost of Living in UK 2024-25
If you're planning to move to the UK for higher education and no dependant would accompany you, you may be required to pay a monthly living cost of £1300 to £1400 in London. Other cities apart from London would need you to shell out around £900 to £1300. These costs will cover one's groceries, accommodation, bills, and other related spending. Budgeting your stay is important as the living amount is affected by many other factors such as your lifestyle, miscellaneous expenditures, entertainment, etc. Go through Cost of Living in UK for International Students in 2024 to get an in-depth idea about your living expenditure.
For more details related to studying abroad and foreign admissions, reach out to Shiksha Study Abroad Counsellors for free
Read: Top Courses after MBA Abroad
Cost of MBA in UK FAQs
Q. How much does an MBA cost UK?
A. The cost of MBA in UK varies from departments, rankings and universities. The typical cost of MBA in UK varies from INR 36 lakhs to INR 83 lakhs (at top b-schools) for the full-time MBA degree.
Q. Which colleges provide cheapest MBA in UK for Indian students?
A. The universities providing the cheapest MBA courses in UK include the Teesside University, Staffordshire University, Leeds University, University of Bolton and the London School of Commerce.
Q. Is an MBA from UK valuable in India?
A. Yes, an MBA from UK can be valuable in India for the following reasons:
- The business schools in the UK are renowned for their academic excellence and international perspectives and thus they open doors to several work and job opportunities for their graduates worldwide.
- An MBA in UK focuses and works on improving the practical skills of the students making them industry-ready and sufficient enough for future business problems.
- With its large number of alumni spread across different nations, MBA graduates from the UK benefit from a strong social and professional network.
Q: Â Is university of West of Scotland good for international students?
Q: Â What rank is Wolverhampton University in UK?
The University of Wolverhampton is one of the best universities in the United Kingdom. The university is consistently ranked among the best universities nationally and globally. For nearly 200 years, the University of Wolverhampton has been consistently providing a quality of education to students and producing highly skilled graduates. The national rankings of the University of Wolverhampton are given below:
| Ranking Body | Ranking |
|---|---|
| The Guardian University Guide 2024 | #101 |
| The Complete University Guide 2024 | #117 |
Q: Â Does the University of Essex require IELTS?
International students whose native language is not English must meet the University of Essex English language requirements to get admission. The university accepts IELTS scores as proof of English language proficiency. Mentioned below are the IELTS scores required for UG and PG admission at the university:
English Language Test | Score |
|---|---|
IELTS | Overall score of 5.5 to 8.0 with minimum of 5.5 to 7.5 in each section |
The university also accepts the score of other English language tests such as TOEFL and PTE for admission to undergraduate and graduate programs:
English Language Test | Score |
TOEFL iBT | Overall score of 72 to 114 |
PTE | Overall score of 59 to 84 with minimum of 59 to 80 in each section |
Also read: Required IELTS Score for UK Universities
Q: Â How can I get admission in the University of Manchester?
The application process at the University of Manchester may vary depending on the course and level of study. However, here is the application process for UG and PG courses:
The Undergraduate Application Process:
Step 1: You can apply through the UCAS common application portal.
Step 2: Go to the website and select the course you are interested in.
Step 3: Ensure you meet the Entry requirements (Academic qualifications, English proficiency, etc.
Step 4: Once you decide on the course, submit documents such as SOP, Transcripts and personal statements.
Check out: tips to improve your SOP.
Step 5: You can track the application's progress through your given credentials by UCAS.
Step 6: Once the applicant submits the application to UCAS, it forwards to the University, and the admission teams carefully analyse the application document.
Step 7: The university will send you an offer letter once selected. Hence keep checking your UCAS portal for your application status.
The Postgraduate application process:
Step 1: Select the postgraduate course you are interested in from the University of Manchester.\
Step 2: Ensure you meet the entry requirements for the chosen program, as they vary depending on the course.
Step 3: Complete the online application by providing your personal information.
Step 4: Upload the required documents, such as Academic transcripts and proof of English language proficiency ( TOEFL/ IELTS). experience in your fields and references (depending on the course). You also may require Two LORs depending on the course.
To make your admission better, check out the following: How Admission Officers Evaluate your application.
Step 5: If your application is successful, you will receive an offer from the University of Manchester.
Q: Â Is Hertfordshire University hard to get into?
With a 70% acceptance rate, the University of Hertfordshire is not hard to get into and follows easy selection criteria during admissions. This does not mean the university accepts all the students applying for different programs. The selection is based on academic performance, English language requirements, references, and many more. Some of the programs at Hertfordshire even demand an experience of 4-5 years. Students must fulfill the eligibility criteria to enroll in any programme at Hertfordshire University. In addition, students with average performance can showcase their relevant experience or extracurricular activities participation to increase their selection probability.
Q: Â How much IELTS score is required for Hertfordshire University?
International students coming from diverse backgrounds must prove their English language proficiency by submitting the scores of IELTS, PTE, and Duolingo at Hertfordshire University. The university demands an IELTS score of 6 from the students. Along with the IELTS scores, students can refer to the table below for all the required English proficiency score:
English language test | Minimum Score required UG | Minimum Score required PG |
|---|---|---|
6 or above | 6 or above | |
59 or above | 58 or above | |
105 or above | 120 or above |
Q: Â What is University of Wales, Trinity Saint famous for?
University of Wales, Trinity Saint (UWTSD) was founded in 2010, is a public institution for higher education and research at multiple locations. It was set up under the 1828 royal charter of Lampeter, the institution was the result of the merger between Trinity University College and the University of Wales. The institution merged with the Swansea Metropolitan University in 2013.
- Top Ranked University: The UWTSD is not ranked by any major ranking body, however as per the university ranking given on the official website of the university, it is ranked among:
- #1st in Wales and UK Top 5 Film Production and Photography
- #1st in Wales and UK Top 5 Fashion and Textiles
- #1st in Wales and UK Top 20 Graphic Design
- #1st in Wales and UK Top 5 Education
- #1st in Wales and UK Top 20 Sports Science
- #1st in Wales and UK Top 20 Mechanical Engineering
- #1st in Wales for Fine Arts
- Variety of Courses: UWTSD offers more than 300 programs at various levels including undergraduate, postgraduate degrees as well as multiple online courses.
- Highly distinguished and learned faculties: the faculty at UWTSD is highly learned and distinguished which enables students to be the best in their field of study.
- High Placements: According to Graduate Outcome data 2019-2020 quoted by the UWTSD, more than 95% of its graduates were found to be employed within 15 Months of graduation. The average salary of a graduate is not explicitly released by UWTSD, however, as per some unofficial sources the average salary of the graduates of UWTSD is approximately INR 30-35L. with the highest salary being reported as high as INR 66.5L for jobs in Financial Services.
Q: Â What is the ranking of NTU UK in terms of employability?
According to Uni Compare rankings 2024, NTU has been placed at #1 in the UK for employability. In addition to this, as per the details available on the web, some of the top companies where NTU UK alumni work are Deloitte, Microsoft, Tesco, Turner & Townsend, The Access Group, etc. Some of the industries where the alumni work are Operations, Business Development, Arts and Design, Sales, Marketing, IT, Engineering, Finance, Media & Communication, etc.
Priya Garg is a seasoned content writer and editor. With her rich experience in content writing, teaching and research & analysis, Priya believes in providing only the correct information which is also up-to-date. H... Read Full Bio
Neha Nain Kuntal, a highly qualified professional, holds an MBA in International Business and Marketing, a Master’s in Commerce, a PG Diploma in International Business Operations, and a Bachelor’s in Education. With... Read Full Bio
Statement of Purpose
Letter of Recommendation
Student Visa Application
Admission Essay Writing
Student Curriculum Vitae
The University of the West of Scotland has five modern and diverse campuses in United Kingdom. The University has welcomed more than 3,000 international students which are representing 1/3 of the globe. They also have 130 European partners who are actively in global study and exchange options through the Commonwealth universities programmes. The University also offers study abroad opportunities for UWS who are eligible for the same and also have more than 20 transnational education partners worldwide which helps them deliver UWS Bachelors and Masters Degrees around the world.