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MBA in UK for Indian Students: Fees, Cost & Top Colleges in 2024

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Yocket Editorial Team
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An MBA in UK is one of the most sought-after degrees for international students. Pursuing an MBA from the UK offers a holistic approach, well-rounded industry experience, and a high ROI. Universities in the UK provide excellent MBA programs and specializations, such as the Said Business School, Imperial Business School, and Durham University. They offer outstanding career opportunities and competitive salary packages.

Key Highlights of the Blog:

  • Top MBA Colleges in UK: Judge Business School, Said Business School & Imperial College Business School
  • Average MBA Fees in UK: GBP 16,000 - 80,000 / INR 16,64,520 - 83,22,610
  • Required GMAT/GRE Score: GMAT - 650+, GRE - 310-315
  • Popular MBA Programs in UK: General MBA, Executive MBA, MBA in Accounting, International MBA, MBA in Finance

Thinking about studying for an MBA in the UK? Let our expert consultants help you with Yocket Premium! We’ll assist you from choosing the right program to getting through the application process, making sure everything goes smoothly.

Table of Contents

Why Study an MBA in UK?

Pursuing an MBA in UK presents numerous advantages beyond the classroom. The United Kingdom is renowned for its academic excellence, vibrant cultural experience, and strong career prospects. With a rich tradition of education and a dynamic business environment, an MBA from a UK institution can be a transformative step in your professional journey. Here are some compelling reasons why studying an MBA in UK is an excellent choice:

  • Top-Ranked Universities: The UK boasts 16 universities among the top 100 globally, with Oxford, Cambridge, University College London, and Imperial College London ranked in the top ten. This ensures a world-class education with access to renowned faculty and resources.
  • Diverse International Student Body: Around 65% of students in UK master's level business programs are international, fostering a multicultural learning environment and offering a global perspective in business education.
  • Competitive Tuition Fees: UK MBA programs are known for their competitive pricing compared to equivalent programs in the US and other countries, providing high-quality education with a potentially lower financial burden.
  • Global Curriculum: UK MBA programs often incorporate a global perspective, preparing students for international business challenges through diverse case studies, global business strategy courses, and opportunities for international study trips.
  • High Return on Investment: With an average salary for UK MBA graduates at GBP 29,650 (INR 31,50,830) per year, the return on investment for an MBA in UK is significant, demonstrating the financial benefits of pursuing this qualification.

Top 10 MBA Colleges in UK

The United Kingdom boasts some of the world's top universities and business schools, known for their cutting-edge specializations and hands-on learning experiences. With a curriculum designed to be up-to-date and relevant, these institutions aim to bring out the best in their students. Whether you’re interested in academics, research, or practical training, the MBA universities in the UK have it all, offering a comprehensive education that prepares you for the global business landscape.

Here is a list of the top MBA universities in the UK, with their QS World University Rankings 2025 and fee structure.

MBA Universities in UK

QS Ranking 2025

Judge Business School, Cambridge University

5

Said Business School, Oxford University

3

Imperial College Business School

2

Alliance Manchester Business School, The University of Manchester

34

The University of Edinburgh

27

London Business School, The University of London

120

Warwick Business School, The University of Warwick

69

Cranfield School of Management, Cranfield University

82

Durham University

89

City's Business School, University of London

352

MBA universities in the UK specialize in wide courses while ensuring the best possible education for their students. Tabulated below are some MBA specializations widely opted for by international students. Consider them when shortlisting your niche!

MBA in Finance

For any business, funding is crucial. With an MBA in Finance, you'll learn skills in financial analysis, investment management, and risk assessment. This MBA specialization is perfect if you aim for a career in banking, investment banking, or financial consulting.

University

Fee Structure (in GBP)

Fee Structure (in INR)

Nottingham Trent University

24,000

25,64,330

Bangor University

19,500 

20,83,520

University of Edinburgh

37,200

39,74,720

MBA in Marketing

The marketing world is thriving! An MBA in Marketing will help you understand consumers, become a successful marketer, and navigate the evolving digital marketing landscape. This specialization can lead to careers in product marketing, brand management, and more.

University

Fee Structure (in GBP)

Fee Structure (in INR)

University of Bedfordshire

17,000

18,16,400

Edge Hill University

21,000 

22,43,790

University of Sunderland

17,000

18,16,400

MBA in HR

People are any organization's greatest asset. An MBA in HR in the UK prepares you to develop effective recruitment strategies, manage employee relations, and create a positive work environment. If you are passionate about building strong teams and shaping company culture, this is a great choice.

University

Fee Structure (in GBP)

Fee Structure (in INR)

University of Bedfordshire

15,900

16,98,870

Edge Hill University

21,000 

22,43,790

Coventry University

22,550

24,09,400

MBA in Entrepreneurship

Do you dream of launching your own business? An MBA in Entrepreneurship from the UK gives you the knowledge and tools to turn your ideas into reality. You’ll learn about business development, fundraising, and running a successful startup.

University

Fee Structure (in GBP)

Fee Structure (in INR)

Durham University

37,500

40,06,770

Sheffield Hallam University

19,765 

21,11,830

University of East London

19,740

21,09,160

MBA in Healthcare Management

The healthcare industry is always changing. An MBA in Healthcare Management will equip you with the skills to lead healthcare organizations effectively and navigate healthcare policy changes to ensure a healthier future.

University

Fee Structure (in GBP)

Fee Structure (in INR)

York St John University

11,800

12,60,790

Brunel University

32,000 

34,19,110

Anglia Ruskin University

19,200

20,51,460

What is the Cost of Studying an MBA in UK?

This section gives details about fees, living, meals, and personal expenses for someone staying in the UK. The cost of living will depend on the type of accommodation chosen, lifestyle choices, and the city you live in.

MBA Fees in UK for Indian Students

The fees for an MBA program in the UK can vary significantly depending on the institution and the program's prestige. For Indian students, these fees are generally in the range of  GBP 30,000 to GBP 80,000 (INR 3,180,000 to INR 8,480,000)  for the entire program. University-wise breakdown of the fees are as follows:

MBA Universities

Annual Tuition Fee in GBP

Annual Tuition Fee in INR

Cambridge University, Judge Business School

61,000

65,17,680

Oxford University, Said Business School 

65,520

70,00,630

Imperial College Business School

57,200

61,11,660

University of Manchester, Alliance Manchester Business School

46,000

49,14,970

The University of Edinburgh

35,900

38,35,810

London Business School

115,000

1,22,87,440

Warwick Business School

53,750

57,43,040

Cranfield School of Management

46,405

49,58,250

Durham University

37,500

40,06,770

City's Business School

50,400

53,85,100

Cost of Living in UK

The cost of living in the UK varies greatly depending on the city and lifestyle choices. Below is a general overview of the typical expenses an international student might incur while studying in the UK:

Costs

Average monthly Cost in GBP

Average monthly Cost in INR

Food

180

19,200

Accommodation

1,250

1,33,340

Utilities

280

29,860

Internet

50

5,330

Transportation

75

8,000

Miscellaneous

150

16,000

Suggested: Executive MBA in UK

MBA in UK: Eligibility Criteria

The eligibility requirements for an MBA in UK vary by university and course duration. However, some basic requirements for an MBA for 1 year are:

  • Bachelor’s Degree
  • GMAT/GRE score
  • English Language Proficiency (IELTS/TOEFL/PTE)
  • Work Experience
  • Passport & Visa

1. Bachelor’s Degree

Every applicant needs to have graduated with a bachelor's degree from an accredited university. Your goal for elite universities should be a GPA of 60% or above, or 3.0-3.5 on a 4.0 scale.

2. GMAT/GRE score

The best MBA programs in the UK require applicants to have decent GRE or GMAT scores. However, the GMAT score varies according to the university and MBA program selected. The following are the standard score requirements:

  • GRE - 160 (Verbal and Quantitative)
  • GMAT - 650 or above

3. English Language Proficiency (IELTS/TOEFL/PTE)

As an international student, you must prove your proficiency in the English language by submitting scores at the time of application. The minimum scores accepted by most UK universities for MBA programs are: 

4. Work Experience

Although not mandated, a work experience of three years is usually preferred by most UK universities offering MBA programs.

5. Passport & Visa

Having a valid passport and student visa are the mandatory requirements for pursuing any program abroad. International students must pay approximately GBP 363 / INR 37, 800 for a student visa. Remember to apply for your UK student visa at least three months before your anticipated departure date.

MBA in UK: Documents Required

Consider keeping the following documents handy before applying for MBA programs in the UK.

  • Completed application form: A filled-out form provided by the university to gather your personal and academic information.
  • Academic transcripts: Official records of your grades and courses from your previous educational institutions.
  • Bachelor's degree certificate: A document proving you have completed your undergraduate studies.
  • Resume/CV: A detailed overview of your work experience, skills, and educational background.
  • Letters of recommendation: Written endorsements from professors or employers highlighting your qualifications and character.
  • GMAT or GRE scores (if required): Standardized test scores that some universities require for admission.
  • Proof of English language proficiency (IELTS/TOEFL): Test scores demonstrating your ability to understand and use English, required if it is not your first language.

How to Apply for an MBA in UK?

Here is a step-by-step guide to applying for an MBA in the United Kingdom:

  • Shortlist the MBA program you wish to pursue and the UK university offering it.
  • Research the eligibility and the admissions process by visiting the official university website.
  • Upload scanned copies of your LORs, SOPs, resume, transcripts, scorecards for the GMAT and GRE, and IELTS and TOEFL.
  • Complete the required application and send in the application fee. This can vary university-wise, and go up to GBP 200 / INR 21,330. 
  • Attend an interview if requested. 
  • Upon receiving the conditional offer letter, you can reserve the seat by paying the non-refundable deposit fee.

MBA in UK: Scholarships for International Students

There are several MBA scholarships in the UK for Indian students. Most of them are fully funded and merit-based. Some popular MBA scholarships in the UK are tabulated below:

Universities

Scholarship 

Award Amount

London Business School

London Business School Fund Scholarship

Up to full fees

BK Birla Scholarships

Up to full fees

Cambridge Judge Business School

St. Catherine’s Benavitch Cambridge MBA Scholarships

GBP 10,000 (INR 10,66,520)

University of Edinburgh

Victor H. Loewenstein Scholarship

GBP 5,000 (INR 5,33,260)

Imperial College London

GMAT Excellence Award

GBP 5,350 (INR 5,70,590)

Imperial Business Scholarships

Variable

Imperial Women Scholarship

Variable

 

Suggested: Best Scholarships in the UK

From the Desk of Yocket

MBA is one of the most popular courses pursued by international students in the UK. And why wouldn't it be? By giving you access to great employment prospects and professional networking opportunities, MBA degrees from UK universities offer substantial returns on investment. In addition, the UK's welcoming culture and diversity offer a favorable atmosphere for your overall growth.

When applying for an MBA in UK, there are tens of things you need to take care of. Transcripts, SOPs, visa - the list is endless. That is why Yocket’s experts are here to share the responsibilities of shortlisting universities, finding the best scholarships, cost planning, and other things. With their end-to-end assistance, you will be on your way to pursue your academic goals in no time! Schedule A FREE Video Consultation Call Today!

FAQs on Studying MBA in UK

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