Finding the cheapest MBA courses in London for international students is not that difficult, provided you know the right places to look. A course at affordable MBA colleges in the UK will give you the foundation for a rewarding global career. Many of these universities offer accredited degrees and cost-effective options with one-year programs that help students enter the job market quickly. Many of these programs do not require work experience but also enable students to do part-time work.
Cost of Studying
One-year MBAs will mostly cost around £10-15,000 if you are studying at affordable MBA colleges in the UK. The average fees stand at about £14,000 per year.
Other than the tuition fee, the cost of studying also includes the living expenses that comprises accommodation, transportation, food, electricity and other bills, personal expenses, and other miscellaneous expenses. The cost of living while studying in London is around £1,300-1,400 per month.
Associated Costs
You may estimate approximately £2,500 for staying at a prime locality in London while spending roughly £1,200 per month for a furnished studio apartment in any average locality. You may consider university halls during the span of the course. It will cost you approximately £178 per week. Students should budget approximately £1,100-1,300 each month for living costs, including accommodation, food, travel, study, laundry, and other personal expenditures.
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Affordable Universities in London for MBA
London has many best universities in the world and gives super exposure to business programs. Following are a few of the affordable universities in London for the MBA program.
University | Duration | Average Fees |
GCU London – Shoreditch University | 2 | £19,000 |
The University of East London | 2 | £16,200 yearly + £3,000 for placement |
The University of Greenwich | 2 | £18,500 yearly |
London South Bank University | 2 | £16,900 |
The University of the West of Scotland (UWS) | 2 | £14,500 |
London Metropolitan University | 1 | £13,250 |
York St. John University | 1 | £10,800 |
Also Read:
1. Masters in Finance in the UK
3. Oxford University’s Rhodes Scholarship
Frequently Asked Questions
What is the cheapest MBA in the UK?
Some of the options for the cheapest MBA in the UK include the following:
1. York St John University
2. University of Bolto
3. London South Bank University
4. Ulster University
5. Bath Spa University
6. London Metropolitan University
7. University of the Highlands and Islands
8. University of Gloucestershire
Is MBA in the UK free?
A one-year MBA program will cost roughly £10-15,000 (INR 10-15 lakh) in the United Kingdom (UK). MBA programs may cost up to £45,000 (INR 45 lakh) at leading universities in the world.
Which country is the cheapest for MBA?
Portugal is the most affordable country for completing your MBA degree. International students will appreciate the comparatively lower tuition costs along with scholarships and other grants.
Is a one-year MBA worth doing?
A one-year MBA is certainly worth doing in the UK, not only because it is pocket-friendly (as compared to a two-year MBA degree), but also because it helps students get into the job market faster after completing their courses. It accelerates their careers at lower investments, while the living costs are also considerably lower in turn.
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