The full form of MBA is Master of Business Administration. It’s not a general master’s program, it’s a professional course. Generally, the MBA Program costs more, however, some universities offer the cheapest MBA in the UK.
In UK the cost of an MBA usually starts from £20,000 to more. However, Ulster University, University of South Wales, Leeds Trinity University, University of Chester, etc. offer some cheapest MBA programs for international students in UK.
Every year a huge number of students visit the UK to pursue an MBA degree. There are many top MBA universities in UK with high world rankings, however, in this blog, we will discuss the affordable MBA universities in the UK for overseas students.
Why Study an MBA in the UK?
Though a range of institutions around the globe offer MBA programs, many international students now choose to study MBA in the UK. However, before you study in the UK for an MBA program, you should know the benefits of it.
Shorter Duration
In other countries, most of the MBA programs take two years to complete. Whereas in the UK, the same degree can be attained within a year. A shorter course duration can help you to complete your education early and jump into the professional world.
Affordable Tuition Fees
The cost of an MBA in UK is high but in comparison to other countries, it’s cheaper. On the other hand the shorter course duration results in the amount of tuition fees you are required to pay to reduce considerably. Also, the study abroad aspirants get scholarships in the UK.
Industry Links
Most of the MBA universities in UK have strong links with the big industries. It will help you to be in touch with the renowned professionals in the world. And with the post-study rules, you can stay in the UK for two years more after completing your graduation.
Worldwide Recognition
The UK education system is recognised worldwide. So, if you Graduate with an MBA program from the UK, you’ll get jobs all over the world, not only in the UK.
Cost of MBA Programs in the UK
The cost of MBA programs in the UK usually ranges between £20,000-£40,000 or sometimes more. However, an MBA is a professional degree so its costs are higher than the general masters program. But you’ll also find some cheapest MBAs in the UK, which will range between £10,000-£15,000. Unlike others, some universities in the UK offer these affordable MBA programs for international students.
10 Cheapest MBA in the UK
One of the most significant advantages of obtaining an MBA program in the UK is the budget-friendly options. Available scholarships and affordable living costs. Let’s explore some cheapest MBA universities in UK.
University | Tuition Fees | Duration |
Ulster University, Birmingham | £13,600 | 12 months |
Ulster University, London | £15,250 | 12 months |
Edinburgh Napier University | £10,260 | 12-24 months |
University of South Wales | £14,950 | 12 months |
Leeds Trinity University | £12,500 | 12 months |
University of Chester | £14,500 | 12 months |
The University of Wales Trinity Saint Devid | £10,000 | 12 months |
Staffordshire University | £11,000 | 13 months |
DE Montfort University | £16,500 | 12–15 months |
University of Gloucestershire | £15,300 | 12 months |
Eligibility Criteria for an MBA in the UK
The admission requirements for every cheapest MBA in the UK are not the same. However, there is a common requirement that every university in the UK follows while recruiting students. Let’s explore the eligibility criteria for an MBA in the UK.
You should complete a bachelor program with a minimum 55%-60% CGPA or a 2:2 bachelor’s degree or equivalent. Also, most of the universities require two years of work experience from international students.
Cheapest MBA Programs in the UK for International Students
Previously we have discussed the universities that offer the cheapest MBA in the UK for international students. However, you may be worried about which MBAs are in demand in the UK. So, we are mentioning some low cost MBA programs in the UK.
- MBA in Finance
- MBA in Marketing
- MBA in Information Management
- MBA in Human Resource Management
- MBA in International Business
- MBA in General Management, etc.
Career Prospects for MBA Degrees in the UK
The UK is home to millions of private job sectors. Obtaining a professional job in the UK is not challenging after completing an MBA. However, you’ll also get available internship options. However, universities do not provide direct placement but they refer students to an advisor who will assist international students to get a better job placement.
MBA graduates are in demand in the UK and all over the world. With an MBA in the UK, you’ll get a job with high payments ranging from £50,000-£1,00,000.
Scholarship for Studying MBA in the UK
Financing the cost of MBA in the UK is the biggest consideration of your study abroad plan. The UK has a range of scholarships for international students pursuing an MBA program. Such as:
- Chevening Scholarships
- Commonwealth Master’s Scholarships
- GREAT Scholarships
- The Global Study Awards
- Inlaks scholarship
- Excellence Scholarships, etc.
Final Words
Hope you get all the information about the cheapest MBA in the UK. It is not a myth that MBA programs cost high all over the world but from Ulster University to the University of Gloucestershire offer budget-friendly MBAs in the UK. Also, many universities in the UK offer scholarships. Due to their shorter duration, MBA courses are always more affordable in the UK than in other countries.
Struggling to find the cheapest MBA in the UK? Contact now with AIMS Education and find the most suitable option without breaking the bank.
FAQ
How much does MBA cost in the UK for international students?
Ans: While the tuition fees for an MBA course in the UK depend upon the location, the MBA fee range for overseas students may be anywhere between £20,000 to £60,000.
Which city in the UK is the cheapest for international students?
Ans: Cardiff is considered the most affordable city in the UK for international students.
Is 1 year MBA in the UK worth it?
Ans: Pursuing a one-year MBA in the UK is the best choice for you, offering a fast-tracked, internationally recognised business education.
Is MBA cheaper in UK or USA?
Ans: UK MBA programs tend to be less expensive than US MBA programs, but scholarship options are limited in the UK than USA.
Is it hard to get a job in UK after an MBA?
Ans: MBA graduates are in demand in the UK and all over the world. With an MBA in the UK, you’ll get a job with high payments ranging from £50,000-£1,00,000
Which MBA is most demanding in the UK?
Ans: Global MBA and Executive MBA are the most demanding in the UK. These MBA programs are usually for professionals and require high entry requirements.
AIMS Education is the best study abroad consultancy firm guiding students in selecting courses, universities and help them apply and secure their student visas. Also, AIMS Education is a British Council-certified agent and is listed on the British Council global agent list. We provide student recruitment services in UK, USA, Australia, Canada, Hungary, Poland, Denmark, Malta, Finland, France, Austria, Spain, Sweden, Malaysia and UAE. Not only this but also AIMS Education is an ICEF Accredited Agent, UCAS Registered Centre, PTE and Language Cert Partner.