Cost of Studying An MBA in UK
Students are keen on doing an MBA from UK as their job prospects increase significantly. Through the cost of studying MBA in UK is slightly higher, some of the best business schools in the world are based in the UK.
The cost of doing an MBA in UK is divided into two parts, namely:
- Pre-arrival cost
- Post arrival cost
The pre-arrival cost deals with your expenses related to documentation. For example, you have to pay for your UK student Visa application, ticket, and application fee. The post-arrival cost deals with living in the UK and the tuition fees once you reach the UK.
Besides, the cost of attendance for your entire MBA course includes the tuition fees combined with the cost of living.
Pre- Arrival Costs
The pre-arrival costs are called pre-departure expenses. They relate mainly to your visa fee, application fee, exam fee, etc. Before you come to your study destination, UK, you have to incur these necessary expenses.
MBA in UK: Tuition Fees for Indian Students
For doing an MBA in UK, Indian students may want to plan on their budget. Tuition fees for Indian students can range from 31,000 GBP to 88,000 GBP, depending on the business school. It roughly cost 29Lakhs to 83Lakhs in rupees.
|Universities||Total Program Fees (INR)|
|London Business School||84.15 Lakhs|
|Cambridge Judge Business School||54.57 Lakhs|
|Said Business School||56.85 Lakhs|
|Warwick Business School||38.72 Lakhs|
|Alliance Manchester Business School||42.12 Lakhs|
|Cass Business School||42.12 Lakhs|
|Imperial College Business School||51.12 Lakhs|
|Durham University Business School||30.15 Lakhs|
|University of Edinburgh Business School||31.11 Lakhs|
|Lancaster University||31.59 Lakhs|
Cost of Living in UK
Your cost of living in the UK depends very much on your preferences. The city you study in, your accommodation, food, and travel mode. All these will decide on your monthly budget. We have provided a list of the cost-of-living expenses for you.
|Particulars||Average monthly Cost( in GBP)|
As you can see, the average cost of living in the UK comes to 11,880 GBP annually. That means living and studying in the UK will hit 32,310 GBP annually for international students. For Indian students wanting to do an MBA in UK, the overall cost, including tuition fees, would come between 59Lakhs to 1.11crore.
Doing an MBA in India will cost you 3Lakh to 30Lakhs annually. So, how do you fund yourself for an MBA in UK? You can do that by knowing more about the different scholarships available to study in the UK.
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