When deciding where to study, international students always take a variety of factors into account, including the faculty, program content, placement rates, industry growth, and others. Many Indian students consider doing MBA in London to be a fantastic option. The cost of one-year MBA programs in the UK is significantly less than that of programs in the USA. In the UK, it is common for the university of London MBA fees to rise as it becomes more popular.
Curious to know more? This blog will give you a thorough breakdown of the costs associated with doing an MBA in London, including living expenses, tuition, and other necessary costs.!
Table of Contents
- Factors Influencing Overall Cost of Studying MBA in London
- Cost of Studying MBA in London
- Cost of Living in London
- Pre-Arrival Costs to Study MBA in London
- Post-Arrival Costs to Study MBA in London
- Factors Influencing Overall Cost of Studying MBA in London
Two primary factors influence international students’ decision to pursue an MBA in London: the program’s shorter duration and greater return on investment. But when studying for an MBA in London, you also have to take into account a number of other expenses in addition to the MBA course tuition. These are:
London university MBA fees
Cost of Living in London
Pre-Arrival Costs to Study MBA in London
Post-Arrival Costs to Study MBA in London
Cost of Studying MBA in London
The cost of London MBA schools varies depending on the B-School or institution type selected. Although the majority of MBA programs in London charge between $15,000 and $25,000 year, some of the city’s MBA programs have lower tuition, such as Cardiff Metropolitan University.
Listed below are some of the popular MBA colleges in London with fee structure:
| University | Tuition Fee per Annum (in USD) | Tuition Fee per Annum (in INR) |
| University of Bedfordshire | 21,157 | 16,15,256 |
| University of Bolton | 18,162 | 13,86,593 |
| University of East London | 20,466 | 15,62,527 |
| University of Suffolk | 21,325 | 16,28,100 |
| Cardiff Metropolitan University | 13,668 | 10,43,523 |
| University of Wales | 19,526 | 14,90,747 |
Cost of Living in London
In addition to the MBA tuition at the University of London, living expenses are included in the cost of studying for an MBA in London. The monthly breakdown of a person’s living, dining, and personal expenses in London is covered in this section. The sort of housing selected, lifestyle decisions taken, the city of residence, and other elements all affect how much it costs to live in London.
| Expenses | Cost per month (in USD) | Cost per month (in INR) |
| Accommodation | 585 | 44,702 |
| Food | 260 | 19,876 |
| Internet | 52 | 3,972 |
| Stationary | 52 | 3,972 |
| Transportation | 58 | 4,469 |
| Miscellaneous | 32 | 2,482 |
There are five areas into which the monthly living expenses of an international student in London fall: tuition, housing, food, transportation, and miscellaneous.
As a result, In terms of living expenses, the average yearly cost of studying for an MBA in London is approximately USD 1,623 or INR 1,23,926, making the overall cost of Indian students’ MBA tuition in London relatively cheap.
Pre-Arrival Costs to Study MBA in London
As its popularity increases, the cost of an MBA at a London university is probably going to increase. Students need to budget for pre-arrival expenses based on factors such applying for a UK student visa, paying an administration charge, and purchasing an airline ticket.
Pre-arrival charges, sometimes referred to as pre-departure costs, include exam fees, application fees, visa fees, and other costs. An foreign student must pay these one-time expenses before traveling to London.
Flight Ticket
It takes roughly nine hours and fifteen minutes to get from Delhi to the UK. Flight tickets cost USD 505.20, or INR 38,647, from Delhi to the UK.
Medical Insurance
If you are an international student planning to study in London UK, you will need health insurance. The duration of your study determines how much health insurance you can acquire. You are not eligible to use the National Health Service (NHS) as an international student in the UK unless your study program is six months or longer. The yearly insurance is USD 495.55 or INR 37,921.
Entrance Exams
Well-known language tests for students who do not speak English as their first language include the TOEFL and IELTS. In London, IELTS is accepted, although TOEFL is only accepted by a few universities. In addition to the language test, candidates should pass the GRE or GMAT. The GMAT is the most popular competitive entrance examination for MBA students in London.
| Test | Cost (in USD) |
| TOEFL | 190 |
| GMAT | 228 |
| GRE | 196 |
| IELTS | 182 |
Post-Arrival Costs to Study MBA in London
These are the two post-arrival expenses you must take into account once you begin your studies in London:
Tuition Fee: To study an MBA in London, an international student have to plan ahead for his or her budget. The MBA fees in London university range from 31,000 GBP to 88,000 GBP.
Cost of Living: The standard yearly cost of living in London stands up to around 11,880 GBP/year. The overall MBA in London fees for Indian students ranges between INR 59 Lakhs to INR 1.11 Cr.
What is the lowest MBA fees in UK?
More than five MBA schools in the UK have annual tuition costs of less than 15 lakhs. The cheapest MBA in UK for Indian students is offered by universities like Glyndwr University and Leeds Trinity University with a tuition fees of approximately 11 lakhs per year. Explore: MBA colleges in UK!
Is MBA in UK worth it for Indian students?
For Indian students, doing an MBA in the UK may be worthwhile because it can give them exposure to the newest developments in business management as well as practical knowledge and hands-on experience.
Is London MBA valid in India?
The Association of Indian Universities states that Master’s degrees in India and MBA degrees from the UK are not comparable, which is the sole recognized body in India to grant academic equivalence degrees or diplomas to foreign degree holders.
What is eligibility criteria for MBA in London?
A minimum of 3 years of full-time work experience. A Bachelor’s degree or equivalent. GMAT (see below) IELTS score of at least 6.0-6.5.
Is MBA cheaper in UK or USA?
The London Business School offers one of the most reasonably priced MBA programs in the world, whereas the Wharton School of the University of Pennsylvania and the Harvard Business School are among the most expensive. The US generally has higher tuition fees compared to the UK.
Post-Arrival Costs to Study MBA in London
These are the two post-arrival expenses you must take into account once you begin your studies in London.:
Tuition Fee: When pursuing an MBA in London, overseas students need to budget ahead of time. The cost of an MBA at a university in London ranges from 31,000 to 88,000 pounds.
Cost of Living: The average cost of living in London is approximately 11,880 GBP per year. For Indian students, the total cost of an MBA in London is between INR 59 Lakhs and INR 1.11 Cr.
FAQs
What is the lowest MBA fees in UK?
More than five MBA universities in the UK have annual tuition costs of less than 15 lakhs. The cheapest MBA in UK for Indian students is offered by universities like Glyndwr University and Leeds Trinity University with a tuition fee of around 11 lakhs per year. Explore: MBA colleges in UK!
Is MBA in UK worth it for Indian students?
Doing an MBA in the UK might be worth it for Indian candidates, as it can offer them with hands-on experience, practical knowledge, and exposure to the modern trends in business management.
Is London MBA valid in India?
MBA degrees from the UK are not considered equal to Master’s degrees in India by the Association of Indian Universities (AIU), which is the only recognized body in India to grant academic equivalence degrees or diplomas to foreign degree holders.
What is eligibility criteria for MBA in London?
A minimum of 3 years of full-time work experience. A Bachelor’s degree or equivalent. GMAT (see below) IELTS score of at least 6.0-6.5.
Is MBA cheaper in UK or USA?
There are two of the expensive MBA programs in the world: Harvard Business School and the University of Pennsylvania’s Wharton School, while the London Business School is one of the most affordable. The US usually has higher tuition fee compared to the UK.