12 Most Affordable MBA Colleges in UK 2024

The UK is considered to be the best place to pursue higher studies, but it is also one of the most expensive places to study for international students. The country might be expensive to live in but there are a few lesser-known colleges that are actually quite affordable. Now British universities are looking to attract Indian students, which is why they have lowered the costs for international students.

Going to the UK is not much of a problem for Indian students as English is the main language of the country. Since English is the second language of Indians, it’s not much of a problem to adjust to the newer place. The top league MBA universities in UK may charge heavy tuition fees, but there are a lot of colleges where the costs are not very high and the world rankings are also quite decent. So if you are looking for affordable MBA programmes, here is a list to help you out. In this article, we will inform you about the best colleges at affordable prices to pursue an MBA in UK.

Cheapest MBA Colleges in the UK 2024-25

Some MBA colleges in the UK have raised their course fees for the year 2024. The latest information on MBA fees at some of the most affordable colleges in the UK is given below. 

London School of Commerce

The MBA course at the London School of Commerce develops the potential to manage and lead organisations effectively through the development of abilities, an extension of knowledge, and an understanding of a wide range of management skills, ideas, and theories. The course is designed for students from a wide variety of backgrounds who are seeking international career opportunities through the development of their managerial abilities.

Mode of study: Full-Time | Part-Time

Tuition & fees: Full-Time | £6,950 or INR 7.4 lakhs and Part-Time | £4,950 or INR 5.24 lakhs (approx.), (conversion rate as of May 21, 2024)

Course Duration: Full-Time | 1 year, Part-Time | 18 Months

Glyndwr University

The Institute for Arts, Science and Technology at Glyndwr University offers 1-year full-time postgraduate degree program MBA - Business Administration which is aimed at individuals, managers, and professionals who aspire to senior management and leadership positions. A student can choose from Marketing, Accounting and Finance, Human Resource Management, International Business, and IT Management specializations.

Mode of study: Full-Time | Part-Time

Tuition & fees: £11,000 (full-time) or INR 11.6 lakhs (conversion rate as of May 21, 2024).

Course Duration: 1 year (full-time), 2 years (part-time)

Staffordshire University

The Guardian has consistently placed Staffordshire University within the top 100 universities in the UK since 2017. The institute offers MBA in both part-time and full-time modes and had ranked 17th for research impact in the UK in business and management (Research Excellence Framework 2021). Students graduating with an MBA degree from Staffordshire have found jobs in British Telecoms Global Service, IBM, Harley Davidson, Airbus, Adelphi Research, Corus Hotels, the ACH Group, etc.

Mode of study: Full-Time

Tuition & fees: £11,000 or Rs 11.64 lakhs, approx. (conversion rate as of May 21, 2024)

Course Duration: 13 Months

Next Session Begins: September, 2024

Also read: Top Universities in UK 2024

York St John University

Established in 1841, York St John University had only one student enrolled when it opened. The Sunday Times has recognised it as one of the top 10 universities for teaching quality in the nation. Students who finish this course successfully obtain professional accreditation from the Chartered Management Institute (CMI) as well as an academic award.

Mode of study: Part-Time

Tuition & fees: £11,800 or INR 12.5 lakhs (part-time) (conversion rate as of May 21, 2024).

Course Duration: 1 year (full-time), 2 years (part-time)

Next Session Begins: September 2024, January 2025

Teesside University

Teesside University is a world-leading centre for education and is ranked number one in the top 100 universities in the UK for business and management courses. The university is also known for its Accounting and Finance courses. This program will help students meet the needs of senior educational leaders and develop the academic skills to support their reflective practice.

Mode of study: Full-Time

Tuition & fees: Full-Time | £14,300 or INR 15.13 lakhs, approx. (conversion rate as of May 21, 2024)

Course Duration: 1 Year or 16 Months

Next Session Begins: September 2024 or January 2025

Leeds Trinity University

Leeds has performed well in Accounting and Finance courses over the last two years which is reflected in its ranking in The Complete University Guide. Also, The Guardian had ranked Leeds University in the top 100 schools in its Business, Management & Marketing ranking for 2020 and 2021. MBA graduates also get the chance to work with employers on two management consultancy projects, helping them build good connections with the employer as well as an impressive portfolio.

Mode of study: Full-Time | Part-Time

Tuition & fees: £15,250 or INR 16.1 lakhs, approx. (conversion rate as of May 21, 2024)

Course Duration: 1 year (full-time), 2 years (part-time)

Next Session Begins: September 2024

University of Cumbria

The Guardian has ranked the University of Cumbria (UoC) within the top 120 universities in the UK since 2017 UoC has improved tremendously in The Complete University Guide - Business & Management Studies ranking from 116th in 2020 to 53rd in 2022. MBA degree holders have found employment with organisations such as BAE Systems, Pfizer, NHS Leadership Academy, Jacobs, UK Research and Innovation, Rolls Royce etc.

Mode of study: Full-Time | Part-Time

Tuition & fees: £15,375 or INR 16.3 lakhs (conversion rate as of May 21, 2024).

Course Duration: 1 year (full-time), 2 years (part-time)

Next Session Begins: September 2024, January 2025

University of Ulster

With over 24,000 students, Ulster is one of Northern Ireland's largest and most influential universities. The MSc Management programme offers an advanced qualification combined with practical managerial experience. The program builds on graduates’ existing knowledge and skills by equipping them with the knowledge and skills necessary to effectively manage and lead within a range of industries.

Mode of study: Full-Time 

Tuition & fees: £15,500 (London) or INR 16.4 lakhs (approx.) and £13,850 (Birmingham) or INR 14.7 lakhs (conversion rate as of May 21, 2024).

Course Duration: 1 year

Next Session Begins: September 2024, January 2025

University of Bolton

Master of Business Administration at the University of Bolton offers valuable skills that will set you apart from colleagues, allowing them to progress to their full career potential. MBA at Bolton University is also available with one year of work placement. A well-skilled faculty with expert knowledge in multiple subject areas as well as good industry connections teach the students at the university. Students can easily prepare for their course at home as well as related material is available online. Those passing out with an MBA degree may get into career areas such as banking, advertising, logistics, financial management, project management, teaching and education, auditing and quality assurance, etc.

Mode of study: Full-Time

Tuition & fees: £15,950 or INR 16.87 lakhs, approx. (conversion rate as of May 21, 2024)

Course Duration: 1 Year

Next Session Begins: September, 2024

Affordable MBA colleges in popular countries:

Leeds Beckett University

The MBA course at Leeds Beckett University helps students to develop their managerial style and transform them into strategic thinkers, helping them to prepare for the uncertain global environment which we now face in business. The MBA program offers the following specialisms: Healthcare Management, Marketing, Human Resources, PR, Supply Chain Management, Accounting, Finance and Accounting, and Finance.

Mode of study: Full-Time

Tuition & fees: £18,000 or INR 19 lakhs (conversion rate as of May 21, 2024).

Course Duration: 20 months

Next Session Begins: 16 September, 2024

University of Portsmouth

Listed among the cheapest MBA colleges in the UK, the University of Portsmouth provides a fresher Global MBA. The Global MBA course can be pursued full-time and comes with an optional placement year. This MBA course at the University of Portsmouth prepares students to solve industry-related and real-world problems and later, choose from a variety of specializations such as Sustainable Business, AI and Digital Transformation, Strategic Leadership in Healthcare & International Tourism and Hospitality Management. Global MBA at the University of Portsmouth is AACSB accredited. Only 6% of universities worldwide and 30 schools in the UK have AACSB accreditation.

Mode of Study: Full-Time | Part-Time

Tuition Fees (with and without scholarship): £18,100

Tuition fees after scholarship: £15,600 

Placement year fees: £2,715 

Course Duration: 1 year full time, 2 years full time with work placement

Next Session Begins: September 2024 and January 2025

University of West London

At the University of West London, 95% of graduates got employment within six months of graduating and it has tremendously improved its ranking to 35th position in the UK universities according to The Guardian University Guide 2022. The MBA course aims to build individual strengths in leadership, creativity, entrepreneurship, self-knowledge, and working with others. During the course, students will get to learn through a range of methods, including blended learning with online support. MBA Graduates are employed with companies such as BBC, Yahoo, Citibank, Accenture, The Times India, The Guardian, NHS Trusts, Jarvis Hotels, etc.

Mode of study: Full-Time

Tuition & fees: £18,500 or INR 19.6 lakhs (conversion rate as of May 21, 2024).

Course Duration: 1 Year

Next Session Begins: September 2024

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