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MBA Tuition Fee, Living Cost and Expenses


MBA in UK has lots of financial benefits:

  • Most universities in UK offer a One-year MBA
  • Access to National Health Centre; which is free for students registered on courses of six months or longer
  • Free school education for registered dependent children

 

Expenses (In Pound Sterling) (approx.)
  Average Tuition Fee Average Living Costs Total costs per year
Medium-cost Universities  9,000 - 12,000 7,200 -9,000 16,200 - 21,000
High-cost Universities  12,000 - 30,000 7,200 - 9,000 19,200 - 39,000
Low-cost Private Colleges
5,000 7,200 - 9000 12,200 - 14,000


For all the cost data above,

  • Fees given are averages
  • All costs are given in Pound Sterling
  • Living costs include accommodation, Energy bills, food etc.
  • Costs are according to 2012 session
Note: The approximate currency exchange rate is: 

1 UK Pound = US Dollars 1.58
                            Indian Rupees 86
                            Pakistani Rupees 143
                            Bangladesh Taka 129
                            Nigerian Naira 250
                            Euro 1.23
                            
For the latest conversion rates, Check out http://finance.yahoo.com/m3


There are many small and private colleges, especially around London that offer low cost MBA programmes to international students. Many of these colleges have university affiliated MBA degree programme. These colleges offer a low-cost alternative to international students.

Please note that these colleges do not have university like campuses and do not offer the same quality of infrastructure, facilities and faculty as the bigger universities. 

These are the average living expenses. Many international students manage to live in as less as 4000 pounds a year. Most students prefer off-campus accommodation which they share with other international students, thus saving housing costs to a big extent.  


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