Last Updated: March 13, 2022
Affordable MBA Programs in UK
MBA is one of the most sought-after professional business programs in the world that is taken by both fresh graduates and people with work experience to get better work opportunities. Since it is a professional degree, the place where the student has taken the degree from has its importance. Students mostly travel abroad to the best-known business schools to take a degree and UK is one of the top-visited countries for the same. While the UK offers business programs in its different business schools, taking an MBA from this country can be generally expensive.
Students who wish to study in this country will be able to do so if they research enough to find the perfect affordable institution which can offer them the best quality education in the field. It is essential that the business school the candidate goes to is accredited on a regional or national level and that the tuition fee for the program will not leave the candidate in depth. The affordable MBA options in the country often do not have work experience listed as part of their eligibility criteria. Students will also be able to work on a part-time basis to support themselves while they do the program, unlike ivy league degrees where students will have to spend enough and more time for the course. A few of the best affordable MBA options in the country have been listed on this page.
Cost of Pursuing MBA in UK
While the MBA programs in the UK are highly valued around the world, it is often not easy to get admitted to the best business schools in the country. The difficulty in gaining admission in business schools is mostly due to the eligibility requirements and the tuition fee that students will have to pay for the program. The cost of studying an MBA program in the best schools in the UK can range between £40,000 to £90,000 based on the location of the business school and the specializations offered.
The tuition fee for MBA programs at affordable business schools and universities are as follows-
University | International Fee | Domestic Fee |
University of Ulster | £13,000 | £8,000 |
University of Bolton | £14,000 | £8,500 |
University of Worcestershire | £14,000 | £9,000 |
Canterbury Christ Church University | £ 14,500 | £ 10,000 |
Leeds Becket University | £15,000 | £15,000 |
University of Gloucestershire | £16,000 | £10,000 |
University of Northampton | £16,000 | £11,000 |
Durham University | £35,000 | £35,000 |
University of Exeter | £35,000 | £35,000 |
Top Affordable MBA Programs in UK
The best affordable MBA options in UK are-
University of Ulster
The full-time MBA program offered by Ulster University has a duration of 1 year. Applicants are required to have an IELTS score of 6 and at least 2 years of work experience. The modules that are part of the course include marketing, accounting & finance, innovation & entrepreneurship, economics & the business environment, managing people in the organization, operations management, leadership & change, management research, digital transformation, strategy, etc. Students will also be required to complete a business project of 30 credits as part of the course. The program is offered in London and Birmingham through the same university.
The fee for international students at the London campus is £13,000 and at the Birmingham, campus is £12,000. The fee for domestic students is £8,000.
University of Bolton
The MBA program offered by the University of Bolton has a duration of 12 months if the candidate does it in the full-time mode. The modules that are taught as part of the course include leadership & management, financial management & decision making, sales management & marketing, strategic management, change management, human resource management, research methods, etc. Students will also have to complete a dissertation as part of the program. Candidates are required to have at least 2 years of work experience to apply for the program.
The fee for the program is £14,000 for international students and £8,500 for domestic students.
University of Worcestershire
The full-time MBA program here has a duration of 1 year. The core courses of the program include global strategy, international human resource management, financial management, research methods, marketing management, and corporate entrepreneurship & innovation. Students will also have to complete a 60-credit research module in the form of a project. The electives they can choose from include leadership & change management, operations & value chain management, managing across cultures, managing across cultures, managing for sustainable futures, business information systems, cybersecurity, and the online market.
The fee for the program for international students is £14,000 and that of domestic students is £9,000.
Canterbury Christ Church University
The MBA International program offered by this university has a duration of 1 year in all. The core modules of the program include strategy & globalization, global economics & international finance, innovation, entrepreneurship & international perspective, international business communications & marketing, intercultural leadership & personal development, international human resources, etc. The main modes of study include learning & teaching, group work, written assignments & reports, and presentations.
The fee for the program is £10,000 for domestic students and £14,500 for international students.
Leeds Becket University
The Graduate MBA program offered by this university has a duration of 18 months if done on a full-time mode. The modules that are part of the program include marketing dynamics, operations & logistics management, financial analysis, strategic management, technology entrepreneurship, etc. Students will be able to choose from subjects like corporate finance, cross-cultural human resource management, international environments of business, investment & fund management, strategic brand management, international business strategy, etc. as their elective module.
The fee for the program for both domestic and international candidates is £15,000.
University of Gloucestershire
The general MBA program has a duration of 1 year in all. Students will be learning modules like leadership & organizational development, personal development, business & finance decision making, business strategy, operations management, innovation, sustainability and change, brand value, etc. Candidates will also have to complete a work-based project as part of the program. They will also be able to choose from modules like managing complex projects, strategic consulting projects, and contemporary issues in higher education leadership.
The fee for the program is £10,000 for domestic students and £16,000 for international students.
University of Northampton
The duration of the MBA program at this university is 2 years in all. The subjects that are taught in the program include strategy & decision making, practical data analysis, measuring organizational performance, digital business, ethical & responsible leadership, innovation & entrepreneurship, economic analysis & value, etc. Students will also have to complete a major project as part of the program. Students will also be able to opt for a work placement which will have a duration between 6 to 12 months. They will have a Chartered Management Institute Level 7 Diploma and they will also have an affiliate membership until 1 year after the program.
The fee for international candidates is £16,000 whereas the fee for domestic students is £11,000.
Durham University
This university offers a full-time MBA program which has a duration of 1 year. The subjects that are taught include accounting & finance, economics for global business, leading & managing people, marketing, operations & technology, strategic management, the boardroom exercise, sustainability, strategic business project, international business in context, etc. They will also be able to concentrate on modules like consultancy, entrepreneurship, or technology based on their choice.
The fee for the program is £35,000 for all students irrespective of their nationality.
University of Exeter
This university offers a full-time MBA program that has a duration of 12 months. Students will be focusing on major areas like economics, accounting & finance, data analytics, marketing, operations, strategy, leading self & organizations, corporate governance, entrepreneurship, etc They will also have to complete an MBA project as part of the program. The electives they can choose from include sustainable finance, leading resilient organizations, behavioral economics in practice, digital marketing, strategic sales marketing, etc.
The tuition fee for all students is £35,000 for the entire program.