International students always consider different aspects before choosing where to study, such as faculty, program curriculum, placement percentages, growth in the industry, and others. Studying MBA in London is a great opportunity for many Indian students. MBA programs in the UK last for one year and are considerably cheaper than those in the USA. In the UK, it is common for the university of London MBA fees to rise as it becomes more popular.
Curious to know more? This blog will present you with a detailed analysis and structure of the cost of studying MBA in London including tuition fees, living costs, and other essential expenses!
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Factors Influencing Overall Cost of Studying MBA in London
International students opt for an MBA in London as their career path for two main reasons which are- higher return on investment and shorter duration. But along with the London MBA colleges fees there are several other costs that you need to consider while studying MBA in London. These are:
- London university MBA fees
- Cost of Living in London
- Pre-Arrival Costs to Study MBA in London
- Post-Arrival Costs to Study MBA in London
Cost of Studying MBA in London
London MBA colleges fees vary with the type of college or B-School chosen. While most London MBA universities fees lie in the range of 15,000 USD to 25,000 USD per annum; there are also low fees MBA colleges in London like the Cardiff Metropolitan University.
Listed below are some of the popular MBA colleges in London with fee structure:
|
University |
Tuition Fee per Annum (in USD) |
Tuition Fee per Annum (in INR) |
|
21,157 |
16,15,256 |
|
|
University of Bolton |
18,162 |
13,86,593 |
|
20,466 |
15,62,527 |
|
|
21,325 |
16,28,100 |
|
|
Cardiff Metropolitan University |
13,668 |
10,43,523 |
|
University of Wales |
19,526 |
14,90,747 |
Cost of Living in London
The cost of studying MBA in London also comprises the living expenses along with university of London MBA fees. This section covers the monthly structure of an individual's living, eating, and personal spending while in London. The cost of living in London is determined by the type of accommodation chosen, lifestyle choices made, the city in which one resides, and other factors.
|
Expenses |
Cost per month (in USD) |
Cost per month (in INR) |
|
Accommodation |
585 |
44,702 |
|
Food |
260 |
19,876 |
|
Internet |
52 |
3,972 |
|
Stationary |
52 |
3,972 |
|
Transportation |
58 |
4,469 |
|
Miscellaneous |
32 |
2,482 |
The monthly cost of living for an international student in London can be divided into five categories: tuition, housing, food, transportation, and miscellaneous.
As a result, the average annual cost of studying MBA in London pertaining to the living costs is roughly USD 1,623 or INR 1,23,926 per year, bringing the total cost of MBA in London fees for Indian students comparatively low.
Suggested: Cost of Studying MBA in UK for International Students
Pre-Arrival Costs to Study MBA in London
The MBA in London university fee structure is likely to rise as its popularity grows. In terms of pre-arrival costs, students must budget according to criteria in areas such as the registration for a UK student visa, the administration fee, and the cost of a plane ticket.
Exam fees, application fees, visa fees, and other expenses are included in pre-arrival charges, also known as pre-departure costs. These are one-time costs that an international student incurs prior to arriving in London.
Flight Ticket
Travelling from Delhi to the UK takes about 9 hours and 15 minutes. The cost of flight tickets from Delhi to the UK is USD 505.20 or INR 38,647.
Medical Insurance
If you are an international student planning to study in London, you will require health insurance. The amount of health insurance you can get is determined by the length of your studies. As an international student in the United Kingdom, you can only use the National Health Service (NHS) if your study programme is 6 months or longer. The yearly insurance is USD 495.55 or INR 37,921.
Entrance Exams
The TOEFL and IELTS are well-known language assessments for students who are not native English speakers. In London, IELTS is accepted, although TOEFL is only accepted by a few universities. In addition to the language test, students must pass the GRE or GMAT. The GMAT is the most popular competitive entrance exam for MBA students in London.
|
Test |
Cost (in USD) |
|
190 |
|
|
228 |
|
|
196 |
|
|
182 |
Post-Arrival Costs to Study MBA in London
Once you start studying in London these are the 2 post-arrival costs you have to consider:
- Tuition Fee: To pursue an MBA in London, an international student must plan ahead for his or her budget. The MBA fees in London university range from 31,000 GBP to 88,000 GBP.
- Cost of Living: The average yearly cost of living in London stands up to around 11,880 GBP/year. The overall MBA in London fees for Indian students ranges between INR 59 Lakhs to INR 1.11 Cr.
Suggested: MBA in London Without Work-Experience!
We have covered all aspects of an MBA college in London with a fee structure, which will help you decide which college is fit for you and is affordable. The university of London MBA fees are in the range of 15,000 USD to 30,000 USD depending on the university chosen. Moreover, most MBA colleges in London with fee structure higher than their counterparts offer students with an even higher ROI! You can also contact our Yocket Counsellors for further assistance on the cost of studying MBA in London!
