Understanding MBA Fees in UK 2024

MBA Fees in the UK 2024

Understanding MBA Fees in UK

Pursuing an MBA degree from a top-ranked business school in the UK can be a rewarding investment in your professional development and future career growth. However, the costs associated with an MBA program can be substantial, and it’s crucial to understand the various components of the fees to plan your finances effectively.

Tuition Fees

Tuition fees are the most significant component of MBA costs in the UK. Top business schools typically charge tuition fees ranging from £30,000 to £60,000 or more for the entire program, which typically lasts between 12 and 24 months. These fees cover the cost of instruction, course materials, and access to various resources and facilities provided by the university.

Living Expenses

In addition to tuition fees, MBA students must account for living expenses, including accommodation, food, transportation, and other personal expenses. The cost of living in the UK, particularly in major cities like London, can be high. On average, students should budget anywhere between £12,000 to £20,000 or more per year for living expenses, depending on their lifestyle and location.

Mandatory Fees

Most universities charge mandatory fees that cover services such as student union membership, sports facilities, and other campus amenities. These fees can range from a few hundred to a few thousand pounds per year, depending on the institution.

Additional Expenses

There may be additional expenses associated with an MBA program, such as textbooks, course materials, computer hardware or software, and professional development activities like networking events or conferences. These costs can vary widely based on individual preferences and program requirements.

International Student Fees

International students from outside the European Union (EU) may be required to pay additional fees, such as visa application fees, immigration health surcharge, and potentially higher tuition rates than domestic or EU students.

University Duration Tuition Fee
Warwick Business School 1 Year INR 56.58 Lakhs
Imperial College Business School 1 Year INR 64.74 Lakhs
Durham University Business School 1 Year INR 36.84 Lakhs
Said Business School, University of Oxford 1 Year INR 82.65 Lakhs
Manchester (Alliance) 18 or 15 Months INR 50.66 Lakhs
University of Edinburgh Business School 1 Year INR 40.53 Lakhs
London Business School 15-21 Months INR 76.99 Lakhs
Cambridge Judge Business School, Cambridge 1 Year INR 72.64 Lakhs
Cranfield School of Management 1 Year INR 46.52 Lakhs
City’s Business School 1 Year INR 50.53 Lakhs

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Picture of ROSHAN KUMAR BHATTARAI

ROSHAN KUMAR BHATTARAI

Founder & CEO, Abroadzone

Roshan Kumar Bhattarai is the proud founder of enrolar.in, possessing 4 years’ experience in Education Marketing as IT & Digital Marketing Manager.
He is our assigned senior counselor and a professional consultant who is passionate about providing our students with opportunities to achieve their goals.
Roshan belongs to an Alma Mater Society, where he undertook Business Studies at Westminster International College in Malaysia. He pursued an education in electrical engineering at the North Eastern Regional Institute of Science and Technology, India which formed the foundation of his future career.

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