MBA: The Why, The Whats & The Hows

Top 10 Cheapest MBA Colleges in UK for International Students

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Yocket Editorial Team
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Because of its reputable universities and world-class education, the United Kingdom is one of the most popular study destinations for international students. Out of all the programs that universities in the UK offer, MBA in the UK remains a popular choice among international students. The United Kingdom is home to some of the world's greatest business schools, including Said Business School, London Business School, Warwick Business School, etc. that have a global appeal for MBA. 

While applying to a college abroad, one of the first things on your checklist would be to check the tuition fees. It is certainly not easy to handle the tuition fee, rent, daily expenses, etc. while studying abroad. But how about choosing a low cost MBA in UK without compromising the quality of education?

In this blog, we bring you a list of universities that provide the cheapest MBA in UK for international students along with their rankings and popular low cost MBA programs.

Table Of Contents

Why Study MBA in the UK?

Let us begin by determining why an MBA in UK is an excellent option for international students. Here are some of the most significant advantages of pursuing an MBA in the UK:

  1. High-Quality Education: MBA universities in the United Kingdom maintain a high level of teaching and research even through their cheap MBA courses in UK. Experts assess and analyse the education system on a regular basis to guarantee that the established benchmark is reached. The faculty members are highly seasoned professionals with years of expertise in their respective fields.
  2. Program Duration: One of the main reasons for the popularity of the most affordable MBA in UK is the one-year program. The one-year MBA program in the United Kingdom is extremely gratifying, cost-effective, and time-efficient for students.
  3. Diverse Specialisations: When compared to American business institutions, cheap MBA courses in UK come with a diverse set of specialisations.

Suggested: Complete Guide to MIM in UK

Cost of Studying MBA in 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.

Tuition Fees

On an annual basis, the tuition fees for MBA in the UK ranges from £40,000 to £1,00,000 or ₹42,28,132 to ₹1,05,70,330.MBA tuition in the United Kingdom varies per university. The charge is also determined by the type of course or specialisation you select. 

Cost of Living

The cost of living in UK  is determined by your lifestyle and choices. International students may expect to pay between £1,215 and £1,715 per month per year. It includes all utilities such as accommodation, food, transport, stationery, recreational activities, and so on.

Suggested: Cost of Studying in UK for International Students

Since you are now aware of the requirements and cost of an MBA, let us now look at the best universities providing the cheapest MBA in UK for international students:

10 Most Affordable MBA Colleges in UK for International Students

The United Kingdom is home to some of the world's best universities and business institutions. They provide programmes and facilities to help students achieve their full potential. Academics, research, and practical training are all available at MBA universities in UK.

Here is a list 10 most affordable MBA colleges in the UK:

  1. Said Business School, Oxford University
  2. Judge Business School, Cambridge University
  3. Imperial College Business School
  4. The University of Edinburgh
  5. Alliance Manchester Business School, University of Manchester
  6. University of Northampton
  7. University College Birmingham
  8. Institute of Education University of London
  9. University of Ulster
  10. University of Wales

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

1. Oxford University, Saïd Business School

An MBA from Saïd Business School at the Oxford University is a respected degree that aims to produce global world leaders. The one-year curriculum consists of a rigorous series of theoretical lectures, seminars, and group projects. This is a MBA program here is a good option to consider for a low-cost MBA in UK.

Oxford World University Ranking 2024

3

Duration

2 years

Average Fees Per Year

£65,520/ 57,65,000 INR

2. Cambridge University, Judge Business School

Cambridge Judge Business School is committed to improving people, organisations, and society. The MBA program here is based on cutting-edge research from academics and practical practice. It focuses on providing learners with both theoretical and experimental knowledge. It most definitely is a great option for a low cost MBA in UK.

Cambridge World University Ranking 2024

2

Duration

1-2 years

Average Fees Per Year

£61,000/ 53,68,000 INR

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3. Imperial College London, Imperial College Business School

The Imperial College London’s Business School provides advanced MBA programs aimed at developing leaders for a technologically driven environment. It is one of the world's finest business schools offering a variety of full-time and part-time MBA programmes. All this makes it a great option for studying a low cost MBA in UK for international students.

Imperial College World University Ranking 2024

6

Duration

2 years

Average Fees Per Year

Full-Time MBA - £57,200/ 50,00,000 INR

Executive MBA - £61,500/ 52,68,000 INR

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4. The University of Edinburgh

The University of Edinburgh's MBA program is built on three pillars: Strategic Leadership, Professional Development, and Personalized Approach. When these three factors are included in the programme, the best MBA professionals are produced. Undoubtedly, one of the best universities for a low cost MBA in UK for international students.

Edinburgh World Rankings 2024

22

Average Fees Per Year

Full-Time MBA - £35,900

5. University of Manchester, Alliance Manchester Business School

Alliance Manchester Business School at University of Manchester, was founded in 1965 as one of the UK's first two business schools. The MBA programme here develops and implements leadership development strategies and assists students in developing a vision for their future activities. It is most definitely a good option for an affordable MBA in UK for international students.

University of Manchester World Ranking 2024

32

Duration

1-2 years

Average Fees Per Year

Full-Time MBA - £46,000/ 40,48,000 INR

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6. University of Northampton

The MBA at University of Northampton is a globally recognised postgraduate degree for ambitious graduates. Critical Issues in Business, Strategic Marketing, Financial Decision Making, Management & Organisational Behaviour, and Managing Operations are among the popular MBA courses here. It is a considerate option in the list of affordable universities in UK for MBA.

University of Northampton World Ranking 2024

1001 - 1200

Duration

2 years

Average Fees Per Year

Full-Time MBA - £16,000/ 14,00,000 INR

7. University of Birmingham

University of Birmingham provides a diverse choice of courses for students interested in business and management as well as computer science and ICT-related courses. Students have access to outstanding facilities such as their cutting-edge Digital Creative Studio and Financial Trading Suite, which is one of the largest in the UK.

University of Birmingham World Ranking 2024

84

Duration

1-2 years

Average Fees Per Year

Full-Time MBA - £31,500/ 27,72,000 INR

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8. University College London

At UCL students develop a broad understanding of management and business through various modules in accounting and finance, Strategy, leadership, decision-making and marketing operations. They also acquire a first hand knowledge of the challenges and opportunities in the contemporary business world. 

University of College London World Ranking 2024

9

Duration

2 years

Average Fees Per Year

Full-Time MBA - £31,200/ 27,00,000 INR

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9. University of Ulster

The overarching goal of the MBA course at  University of Ulster is to educate and develop individuals as managers and business specialists. The curriculum aims at adding value through an integrated, applied, and critical understanding of management and organisations, required for successful general and strategic management in private, public organisations.

University of Ulster World Ranking 2024

498

Duration

2 years

Average Fees Per Year

Full-Time MBA - £15,500/ 13,65,000 INR

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10. University of Wales

University of Wales is another cheapest university in UK for MBA. In their MBA course, you will learn to combine cutting-edge research and practice across all important business domains to drive business transformation in both public or private sectors. You also acquire the skills of creativity, innovation, cooperation, and problem-solving to creative business theory in a practical setting.

University of Wales World Ranking 2024

383

Duration

2 years

Average Fees Per Year

Full-Time MBA - £13,250/ 11,66,000 INR

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So that was the list of cheapest university in UK for MBA.  Apart from the ones mentioned above, there are a lot of other affordable universities in UK for MBA as well. If you’re looking for cheapest university in UK for MBA remember to do your research thoroughly before applying. For more information do get in touch with our counselors at Yocket.

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Frequently Asked Questions About cheapest MBA in UK

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