MBA: The Why, The Whats & The Hows

14 Most Affordable MBA Universities in UK for International Students (2024)

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Yocket Editorial Team
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Are you looking for an affordable MBA in the UK without compromising the quality of your education? You're in the right place! There are many cheap MBA options in the UK for international students. From strategic management to digital marketing, these cost-effective MBAs cover diverse specialisations, ensuring you find a program that aligns perfectly with your career goals.

Key Highlights of the Blog:

  • The University of Wales Trinity Saint David, York St. John University, and London Metropolitan University offer some of the cheapest MBAs in the UK.
  • Low-cost MBA programs in the UK charge tuition fees ranging from £9,250 to £15,950 (INR 8,60,760 to 14,84,240).
  • Students can expect to earn an average salary of £34,287 (INR 31,87,130) after an affordable MBA degree from the UK.

Table of Contents:

What is the Cost of Studying MBA in the UK?

The ultimate cost of an MBA in the UK is determined by the UK MBA fees charged by your university and the lifestyle you select. The costs can be further subdivided into two categories: tuition fees and living expenses.

MBA Tuition Fees

On an annual basis, the tuition fees for MBA in the UK range from GBP 40,000 to GBP1,00,000 or INR 42.28 Lakhs to INR 1.05 Cr. MBA tuition in the United Kingdom varies per university. The charge is also determined by the type of course or specialisation you select. 

Name of the MBA University  

Average Tuition Fees

University of Bolton

INR 14.84 lakhs

University of Bedfordshire

INR 13.02 lakhs

Teesside University

INR 13.31 lakhs

University of Wales Trinity Saint David

INR 8.61 lakhs

York St. John University

INR 8.61 lakhs

Cost of Living

The cost of living in the UK is determined by your lifestyle and choices. International students may expect to pay between GBP 1,215 and GBP 1,715 (INR 1.23 Lakhs - 1.75 Lakhs) per month per year. It includes all utilities such as accommodation, food, transport, stationery, and recreational activities. 

An overview of the cost of living in UK for an MBA as an indian student is as follows:

Particulars

Average Monthly Cost in the UK (GBP)

Average Monthly Cost in the UK (INR)

Accommodation

1,150

1,20,750

Food

170

17,850

Mobile Phone & Internet

45

4,725

Utilities

300

31,500

Transportation (Monthly Pass)

70

7,350

Miscellaneous

150

15,750

Top 14 Cheapest MBA Universities in the UK 

The United Kingdom offers many affordable MBA programs ideal for international students. We have researched and compiled a list of universities and colleges that offer some of the best and most cost-effective MBA options, providing high-quality education while keeping expenses manageable.

List of Universities Offering Low-cost MBAs in the UK 

The list of universities that offer low-cost MBAs in the UK for international students, and their corresponding fees are as follows:

Sr. No.

Name of the University

Annual Fees (GBP)

Annual Fees (INR)

1

University of Bolton

£15,950

INR 14.84 lakhs

2

University of Bedfordshire

£14,000

INR 13.02 lakhs

3

Teesside University

£14,300

INR 13.31 lakhs

4

University of Wales Trinity Saint David

£9,250

INR 8.61 lakhs

5

York St. John University

£11,800

INR 8.61 lakhs

6

London Metropolitan University

£11,240

INR 10.46 lakhs

7

Leeds Beckett University

£18,000

INR 16.75 lakhs

8

University of the West of Scotland

£15,500

INR 14.42 lakhs

9

Wrexham University

£11,000

INR 11.20 lakhs

10

Staffordshire University

£11,000

INR 11.20 lakhs

11

Bath Spa University

£10,340

INR 10.55 lakhs

12

Teesside University (Middlesbrough)

£10,250

INR 10.45 lakhs

13

University of Worcester

£9,000

INR 9.15 lakhs

14

Birmingham Newman University

£9,000

INR 9.15 lakhs

Let’s take a look at these affordable universities in the UK for MBA:

1. University of Bolton

The University of Bolton offers a low-cost MBA program in the UK that focuses on equipping students with practical business skills through strong industry partnerships and work placement opportunities. The university emphasizes personal development and provides extensive support for career progression, including mentoring and networking events. Graduates of this MBA program often pursue careers in strategic leadership, business consultancy, and sector-specific roles such as healthcare management or logistics.

The Guardian - University Rankings

30

Duration

1 year

Average Fees Per Year

£15,950 (INR 14,84,240)

Popular MBA specialisations

Marketing, Entrepreneurship, and Strategy

Eligibility Criteria 

  • Significant work experience in a business or management capacity. 

2. University of Bedfordshire

The University of Bedfordshire’s MBA program focuses on producing graduates with a global business mindset. The course offers specialised pathways, such as Digital Technology Management and International Business, allowing you to tailor your studies to your career goals. The university emphasises employability and provides students with work placements and networking opportunities. 

World University Rankings 

1001-1200

Duration

1 year

Average Fees Per Year

£14,000 (INR 13,02,780)

Popular MBA specialisations

Finance, Human Resource Management, and International Business

Eligibility Criteria

  • Recognized undergraduate degree.
  • IELTS score of at least 6.0 for non-native English speakers.
  • Relevant work experience is a plus.

3. Teesside University

At Teesside University, the MBA is more than just a degree—it's a transformative experience. Known for its innovation-driven approach, Teesside integrates cutting-edge business practices with emerging technologies, making it ideal for students who aspire to lead in tech-savvy industries. 

QS World University (European Category) Rankings 2025

416

Duration

1 year

Average Fees Per Year

£14,300 (INR 13,30,700)

Popular MBA specialisations

Digital Transformation, Innovation Management, Project Management

Eligibility Criteria 

  • You need at least 55% or a CGPA of 5.8/10 from a recognized Indian university. 

  • Additionally, you should have at least two years of full-time work experience in a relevant role.

4. University of Wales Trinity Saint David

The MBA at the University of Wales Trinity Saint David offers a unique blend of academic rigor and practical relevance, with a strong focus on sustainability and ethical leadership. As one of the institutions that offer the cheapest MBAs in the UK, the program includes modules on global responsibility and sustainable enterprise, making it a great choice for those looking to impact the world positively through business. With its strong ties to Welsh industries and a curriculum that emphasises real-world application, graduates are well-prepared for careers in areas like corporate social responsibility, sustainable development, and green entrepreneurship.

The Guardian University Ranking

105

Duration

2 years

Average Fees Per Year

£9,250 (INR 8,60,760)

Popular MBA specialisations

Financial Management, Entrepreneurship, Strategic Management

Eligibility Criteria

  • A relevant bachelor’s degree is required.
  • Professional experience may be accepted as an alternative for those who don’t meet standard academic criteria.

5. York St. John University

York St. John University’s MBA program is distinguished by its focus on personal development and leadership excellence. The program includes an innovative 'Leadership and Change' module, which is designed to challenge your thinking and inspire transformative leadership practices. The university’s small class sizes ensure personalised attention, and students benefit from strong mentorship programs that help bridge the gap between theory and practice. 

US News & World Report

166

Duration

1 year

Average Fees Per Year

£11,800 (INR 8,60,760)

Popular MBA specialisations

International Business, Marketing, Leadership

Eligibility Criteria 

  • Should have 55% or higher in UG

6. London Metropolitan University

London Metropolitan University’s MBA stands out for its strong focus on entrepreneurship and innovation. The program is ideal for aspiring entrepreneurs, offering modules on venture creation, digital business, and innovation management. Situated in one of the world’s leading financial capitals, students benefit from London Met’s strong connections with the city’s business community, including access to start-up incubators and networking events.

QS World University (European Category) Rankings 2025

431

Duration

1 year

Average Fees Per Year

£11,240 (INR 10,45,940)

Popular MBA specialisations

Entrepreneurship, Business Analytics, Strategic Management

Eligibility Criteria

  • Undergraduate degree and management experience required.
  • IELTS score of 6.0 overall, with no less than 5.5 in each section for non-native English speakers.

7. Leeds Beckett University

Leeds Beckett University’s MBA program is recognized for its focus on strategic management and leadership. One of the program’s highlights is its strong industry connections, offering students opportunities for internships and consultancy projects with leading businesses in the UK. This hands-on experience is complemented by a curriculum that covers advanced topics in finance, marketing, and operations. 

QS World University (European Category) Rankings 2025

421

Duration

20 months

Average Fees Per Year

£18,000 (INR 16,75,000)

Popular MBA specialisations

Digital Marketing, Entrepreneurship, Business Analytics 

Eligibility Criteria

  • Requires an undergraduate degree; management experience is beneficial.
  • Non-native English speakers need an IELTS score of 6.0 or equivalent.

8. University of West of Scotland

The MBA program at the University of the West of Scotland (UWS) is designed to develop leaders who can drive change in dynamic business environments. The program also offers a unique ‘Global Talent and Leadership’ module, which helps students develop the skills needed to lead diverse teams in multinational companies. Graduates often find themselves in leadership positions within sectors such as technology, finance, and consultancy, where they can apply their global business insights and leadership skills.

QS World University (European Category) Rankings 2025

384

Duration

1 year

Average Fees Per Year

£15,500 (INR 14,42,360)

Popular MBA specialisations

Risk Management, Supply Chain Management, Banking & Finance

Eligibility Criteria 

  • Should have 60% or higher in UG

9. Wrexham University

Wrexham University’s MBA focuses on practical skills and real-world business trends. Located in North Wales, it provides strong support and hands-on learning with local business connections, helping students gain valuable experience and networking.

QS World University (European Category) Rankings 2025

601

Duration

1 year

Average Fees Per Year

£11,000 (INR 11.20 Lakhs)

Popular MBA specialisations

Leadership and Management

Eligibility Criteria

  • A degree in a relevant subject is required, ideally with managerial experience.
  • For international students, an IELTS score of 6.0 is required.

10. Staffordshire University

Staffordshire University’s MBA emphasises digital skills and tech innovation. Close to major business hubs, it prepares students for tech-focused roles, integrating digital strategy with business management to stay ahead in evolving industries.

QS World University (European Category) Rankings 2025

Not Ranked 

Duration

1 year 

Average Fees Per Year

£11,000 (INR 11.20 Lakhs)

Popular MBA specialisations

Digital Transformation and Innovation

Eligibility Criteria

  • Requires a bachelor’s degree and relevant professional experience.
  • IELTS score of 6.0, with no component below 5.5.

11. Bath Spa University

Bath Spa University’s MBA combines creativity with business, focusing on sustainability and ethical leadership. The program attracts students interested in socially responsible business, all set in the historic city of Bath with a vibrant arts culture.

QS World University (European Category) Rankings 2025

Not Ranked 

Duration

1 year 

Average Fees Per Year

£10,340 (INR 10.55 Lakhs)

Popular MBA specialisations

Sustainability and Entrepreneurship

Eligibility Criteria

  • Bachelor’s degree with professional work experience required.
  • The IELTS requirement for non-native speakers is 6.5

12. Teesside University (Middlesbrough)

Teesside’s MBA program is highly practical and has strong ties to industry. Students work on real-world projects with local and international companies, and the university supports employability and community engagement, especially in digital and sustainable business.

QS World University (European Category) Rankings 2025

1001 - 1200

Duration

1 year 

Average Fees Per Year

£10,250 (INR 10.45 Lakhs)

Popular MBA specialisations

International Business and Strategy

Eligibility Criteria

  • Relevant work experience is preferred.
  • International students may need an IELTS score of 6.0

13. University of Worcester

Worcester’s MBA is known for its focus on ethical and sustainable business. The program supports students aiming for responsible leadership, offering personalised guidance in a friendly campus environment emphasizing global citizenship.

QS World University (European Category) Rankings 2025

Not Ranked 

Duration

1 year 

Average Fees Per Year

£9,000 (INR 9.15 Lakhs)

Popular MBA specialisations

Sustainable Business and Responsible Management

Eligibility Criteria

  • Bachelor’s Degree with relevant work experience.
  • IELTS score of 6.5

14. Birmingham Newman University

Birmingham Newman’s MBA offers a personalised approach with small classes and a focus on ethical business. The program is ideal for students who want a supportive community and to make a positive impact in business and society.

QS World University (European Category) Rankings 2025

601

Duration

1 year 

Average Fees Per Year

£9,000 (INR 9.15 Lakhs)

Popular MBA specialisations

Ethical Leadership and Social Responsibility

Eligibility Criteria

  • Undergraduate degree and professional experience required.
  • IELTS score of 6.0 or equivalent for international students.

Return on Investment of Low-cost MBA Programs in the UK

It is important to check the return on investment of the universities before applying to them because it will help you make informed decisions related to average salaries and career goals. The average salary for some of the cheapest MBA colleges in the UK is mentioned below:

Name of Universities

Average Tuition Fees

Average Salary

University of Bolton

GBP 15,950 (INR 14.8 lakh)

£35,591 (INR 33.1 lakh)

University of Bedfordshire

GBP 14,000 (INR 13 lakh)

£28,400 (INR 26.4 lakh)

Teesside University

GBP 14,300 (INR 13.3 lakh)

£31,485 (INR 29.2 lakh)

University of Wales Trinity Saint David

GBP 9,250 (INR 8.6 lakh)

£40,453 (INR 37.6 lakh)

York St. John University

GBP 11,800 (INR 8.6 lakh)

£37,588 (INR 34.9 lakh)

University of Cumbria

GBP 15,375 (INR 14.3 lakh)

£34,287 (INR 31.8 lakh)

Liverpool Hope University

GBP 15,000 (INR 14 lakh)

£26,811 (INR 24.9 lakh)

London Metropolitan University

GBP 11,240 (INR 10.5 lakh)

£33,861 (INR 31.4 lakh)

University of Sunderland

GBP 18,000 (INR 16.8 lakh)

£41,500 (INR 38.5 lakh)

Leeds Beckett University

GBP 18,000 (INR 16.8 lakh)

£39,484 (INR 36.7 lakh)

University of Northampton

GBP 17,500 (INR 16.3 lakh)

£32,860 (INR 30.5 lakh)

University of West of Scotland

GBP 15,500 (INR 14.4 lakh)

£37,050 (INR 34.4 lakh)

Admission Requirements for MBA in the UK

To gain admission for an MBA in the UK, you need a bachelor’s degree, 2-3 years of work experience, GMAT score (600-700)/ GRE scores (310-320) and others. Each university may have specific criteria, make sure to check the official website.

A detailed admission requirement for MBA in the UK is discussed below:

Requirement

Details

Educational Background

A bachelor’s degree or an equivalent qualification

GMAT Requirement

650+

Professional Experience

Generally 2-3 years of work experience is preferred

Language Proficiency

Minimum IELTS score of 6.5 or TOEFL score of 95+.

Visa

An educational visa is mandatory for studying in the UK.

Curriculum Vitae

An updated Resume/ CV

Recommendation Letters

1 to 3 letters of recommendation are needed; avoid submitting an academic letter if only one is requested.

Personal Statement

A comprehensive essay detailing your career goals and reasons for pursuing an MBA.

Financial Documentation

Proof of financial capability to support your studies

Finance, Marketing, Human Resources, and Technology Management are some of the most popular MBA specialisations in the UK. As an international student, you can choose these specialisations at top UK universities to pursue your MBA program.

The MBA specialisations in the UK are discussed below:

  • Finance: An MBA in Finance in the UK teaches financial analysis, investment strategies, and risk management, preparing you for roles in banking, corporate finance, and investment firms.
  • Marketing: An MBA in marketing teaches you consumer behavior, digital marketing, and brand management, which is ideal for roles in advertising and market research.
  • Human Resources: In an MBA in HR, you learn talent management, organisational behavior, and employee relations.
  • Entrepreneurship: An MBA in Entrepreneurship in the UK sharpens your business planning, innovation, and venture capital skills, perfect if you aim to start or manage a business.
  • International Business: With an MBA in International Business, you will develop a global business perspective, studying cross-cultural management and international trade, suited for multinational roles.
  • Technology Management: With an MBA in Technology Management, you learn about technology innovation, managing projects, and digital changes, which are perfect for jobs in tech-focused industries.

From the Desk of Yocket

Wrapping up your search for the most affordable MBA programs in the UK, from the University of Bolton to the University of West of Scotland, these institutions offer a range of MBA specialisations that cater to diverse career goals, all while delivering excellent value for your investment. As you explore your options, consider not just the fees, but also the ROI and the unique strengths each program offers.

 Ready to take the next step? Connect with Yocket experts over a consultation call for personalized guidance. We'll guide you through selecting the right university, navigating the application process, and securing scholarships. Your dream MBA is closer than you think—let us help you make it a reality!

Frequently Asked Questions on Affordable MBAs in the UK

Which is the best university providing cheapest MBA in UK for Indian students?

What is the lowest MBA fees in UK?

What is the academic eligibility criteria to study MBA in UK for Indian students?

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