MBA in UK Cost: Tuition Fees, Living Expenses & Scholarships
Why Study MBA in the UK?
World-Class Business Schools – LBS, Oxford, Cambridge, and Imperial rank among the world’s top 10.
1-Year MBA Programs – Most UK MBAs are completed in 12 months, saving time and money.
High ROI & Salary – UK MBA graduates earn £60,000 – £120,000 per year.
Post-Study Work Visa (Graduate Route) – Stay and work 2 years after graduation.
No GMAT Requirement at Some Universities – Many UK universities accept work experience instead of GMAT.
Over 130+ UK universities offer MBA programs with various specializations and flexible study options!
MBA in UK Cost: Tuition Fees at Top Universities
MBA tuition fees in the UK range from £20,000 to £100,000, depending on the university.
|
University |
QS Global MBA Ranking (2025) |
Tuition Fees (Per Year) |
|
London Business School (LBS) |
#1 in UK, #5 Globally |
£109,700 |
|
University of Cambridge (Judge) |
#2 in UK, #8 Globally |
£64,000 |
|
University of Oxford (Said) |
#3 in UK, #9 Globally |
£78,510 |
|
Imperial College Business School |
#4 in UK, #10 Globally |
£61,500 |
|
Warwick Business School (WBS) |
#5 in UK, #12 Globally |
£49,900 |
|
Alliance Manchester Business School |
#6 in UK, #17 Globally |
£47,000 |
|
Bayes Business School (City, University of London) |
#7 in UK |
£50,000 |
|
University of Edinburgh Business School |
#8 in UK |
£39,500 |
|
University of Strathclyde Business School |
#9 in UK |
£32,500 |
|
Durham University Business School |
#10 in UK |
£35,000 |
LBS, Oxford, and Cambridge offer the most prestigious MBA programs but come with higher tuition costs.
Cost of Living in the UK for MBA Students
In addition to tuition fees, students must also budget for living expenses, which vary by location.
Estimated Living Costs (Per Month)
|
Expense |
London |
Other Cities |
|
Accommodation |
£900 – £1,800 |
£500 – £1,200 |
|
Food |
£200 – £400 |
£150 – £300 |
|
Transport |
£120 – £200 |
£50 – £120 |
|
Utilities & Internet |
£80 – £150 |
£60 – £120 |
|
Personal Expenses |
£200 – £400 |
£150 – £300 |
|
Total (Per Month) |
£1,500 – £3,000 |
£1,000 – £2,000 |
Annual Living Cost Estimate:
- London: £18,000 – £36,000 per year
- Other Cities: £12,000 – £24,000 per year
Students can reduce costs by staying in university accommodation and working part-time (20 hours/week allowed).
Cheapest MBA in UK for International Students (2025)
For students looking for an affordable MBA in the UK, here are some low-cost options:
|
University |
MBA Fees (Per Year) |
|
University of Bolton |
£15,950 |
|
Leeds Beckett University |
£16,000 |
|
University of Bedfordshire |
£16,500 |
|
University of West London |
£17,000 |
|
University of Chester |
£18,000 |
|
Glyndwr University |
£18,500 |
These universities offer budget-friendly MBA programs while still providing good career opportunities.
Top Scholarships for MBA in the UK
Chevening Scholarship – Fully funded, covers tuition and living expenses.
Commonwealth Scholarships – Covers tuition fees and living costs for students from eligible countries.
Skoll Scholarship (Oxford) – Covers full MBA tuition fees for social entrepreneurs.
Warwick Business School MBA Scholarships – Up to 50% tuition fee waiver based on merit.
University-Specific MBA Scholarships – LBS, Cambridge, and Imperial offer exclusive funding.
Most MBA scholarships in the UK are merit-based, so early applications improve chances!
MBA Return on Investment (ROI) & Salary in the UK
Average Salary of MBA Graduates in the UK
|
Job Role |
Average Salary (Per Year) |
|
Investment Banker |
£80,000 – £150,000 |
|
Management Consultant |
£60,000 – £120,000 |
|
Marketing Director |
£65,000 – £110,000 |
|
Business Development Manager |
£50,000 – £90,000 |
|
Operations Manager |
£55,000 – £95,000 |
Top Hiring Companies for MBA Graduates in the UK
McKinsey & Company
Boston Consulting Group (BCG)
Bain & Company
Goldman Sachs
JP Morgan
Amazon
Google
Deloitte
MBA graduates from top UK universities get job offers from leading multinational companies.
How to Apply for an MBA in the UK?
1 Choose a Business School – Select a university based on ranking, fees, and career opportunities.
2 Check Entry Requirements – Review academic qualifications, work experience, and GMAT requirements.
3 Prepare Application Documents – SOP, LORs, CV, GMAT (if required).
4 Apply Online – Submit applications through the university’s website or UCAS.
5 Receive Offer Letter – If selected, accept the admission offer.
6 Apply for a UK Student Visa – Submit financial proof and CAS letter.
7 Plan Your Travel & Accommodation – Prepare for arrival in the UK.
Need help with MBA applications, scholarships, or visas? Contact Visa Seekers for expert guidance!
Frequently Asked Questions (FAQs)
- How much does an MBA in the UK cost for international students?
Tuition fees range from £15,950 (cheapest universities) to £109,700 (London Business School).
- What is the cost of an MBA in the UK with living expenses?
For London, the total cost (tuition + living) can be £40,000 – £140,000.
For other cities, it ranges from £30,000 – £80,000.
- Can I work while studying MBA in the UK?
Yes! International students can work 20 hours per week during term time and full-time during holidays.
- Are there affordable MBA programs in the UK?
Yes! Universities like Bolton, Leeds Beckett, Bedfordshire, and West London offer MBA programs under £20,000.
- Can I stay in the UK after MBA?
Yes! The Graduate Route Visa allows MBA graduates to stay and work in the UK for 2 years.
Final Thoughts
The UK offers world-class MBA programs with high salaries and global career opportunities. While top universities have higher tuition fees, scholarships and part-time work can help manage costs. With a 1-year course duration, strong ROI, and post-study work visa, an MBA in the UK is a smart investment for international students.
Want to apply for an MBA in the UK? Contact Visa Seekers for expert assistance with admissions, scholarships, and visas!
Reasons To Choose Us
