MBA programs in the UK are becoming more and more popular in the coming times with more and more students seeking to pursue their MBAs in the UK.
The most attractive part about studying MBA in the UK surprisingly is the less strict requirements than in the US and Canada. If you have a grade point average of 65%, you can easily apply to most MBA schools in the UK.
However, tuition fees, general MBA costs, and living costs can vary a lot from one business school to the next, depending on where the university is located.
MBA programs are offered at about 130 business schools in the UK.
Cost of MBA in the UK
As the demand for MBA programs in the UK rises, the price of these programs is expected to rise. When deciding where to study, international students carefully weigh their options before enrolling in a business program.
Budgeting for expenses includes:
- UK student visa cost
- Associated application costs
- Plane tickets
The total post-arrival cost takes into account tuition and living expenses. The total cost of an MBA in the UK includes not just tuition but also living expenses for the duration of the program.
MBA programs in the UK are of duration between 12 and 21 months and cost between 31,450 GBP and 87,900 GBP (approx 29 Lakhs to 81 Lakhs INR).
Cost of MBA for Indian Students in UK universities
| University | Annual tuition fee in Euro | Annual tuition fee in INR |
| The University of Manchester, Manchester | EURO 72,149 | INR 58,12,229 |
| University of Cambridge, Cambridge | EURO 69,330 | INR 55,85,160 |
| University of Warwick, Coventry | EURO 67,930 | INR 54,72,724 |
| Cranfield University, Bedford | EURO 60,660 | INR 48,86,649 |
| Durham University, Durham | EURO 50,090 | INR 40,35,141 |
| University of Strathclyde, Glasgow | EURO 49,680 | INR 40,02,545 |
| Lancaster University, Lancaster | EURO 48,330 | INR 38,93,406 |
| University of Southampton, Southampton | EURO 41,865 | INR 33,72,613 |
| Brunel University, London | EURO 37,510 | INR 30,22,121 |
| University of Leeds, Leeds | EURO 35,520 | INR 28,61,250 |
Cost of living in the UK
| Rent | 760 EUR to 1,350 EUR | 60,999 INR to 1,08,355 INR |
| Food | 230 EUR | 18,347 INR |
| Mobile Phone & Internet | 85 EUR | 6,850 INR |
| Stationery Items | 50 EUR | 3,669 INR |
| Clothing & Laundry | 115 EUR | 9,180 INR |
| Transportation (Monthly Pass) | 75 EUR | 5,974 INR |
| Miscellaneous | 50 EUR | 3,669 INR |
There is a broad range in both the cost and availability of full-time MBA programs. A 12-month program, for instance, will set you back £61,500.
You may be able to save money on tuition by choosing an MBA program that is situated in a city other than London.
Costs for MBA programs at universities outside of London typically begin at roughly £12,000 per academic year.
The cost of getting an MBA from one of the best business schools in the UK is high, and so are the salary returns that are expected. Students who get their MBA in the UK can get a package worth up to 100,000 GBP (97 LPA) per year.
