Are you looking to know the details on the MBA in UK for Indian students fees for efficient planning? There have been many students in India who are planning to pursue their MBA from the UK. The UK provides a lot of MBA programs to a lot of students, and a lot of Indian students enroll in the UK for the courses. Different universities offer different programs in MBA for different tuition fees. The UK is home to a lot of business schools, but if Indian students are planning to pursue an MBA, they first have to know the financial considerations to pursue a program.

Overall Cost of Education for MBA in the UK

The overall MBA in UK for Indian students fees will include all the expenses you will have during your stay in the UK for the program. A rough estimate of the different expenses can be understood from the below sections:

Tuition Fees

To pursue an MBA in the UK, the average cost of tuition for the Indian student can be between £25,000 and £100,000. Tuition fees to pursue an MBA from the UK cost differently at different kinds of universities. The following table lists down the names of some universities belonging to different levels, showing the average total tuition fees.

Tier

University

Avg. Total Tuition Fee

Top-tier Business Schools

London Business School

£109,700

University of Cambridge

£64,000

University of Oxford

£71,440

Mid-range Universities

University of Edinburgh

£25,000-£45,000

Durham University

University of Glasgow

Affordable Options

University of Central Lancashire

£15,000-£25,000

University of Bedfordshire

University of West London

Living Expenses

The cost of living is also a part of the MBA in UK for Indian students fees and another important factor to consider before you apply to a university. If you are planning to study abroad, particularly in the UK, and wonder about the total cost of living, it will largely depend on the location of your accommodation for the final amount at the end of your course. Though depending on your lifestyle and location, the total cost of living to pursue an MBA from the UK can be in the range of £10,000 and £20,000.

Other Expenses

There are other expenses that come along with MBA in the UK for Indian students fees. This includes the following expenses:

£50-£100 for application fee for the university

£490 for the visa application fee

£776 for a year’s Immigration Health Surcharge

£300-£600 for books and supplies

Travel expenses for the plane tickets and local transport

Available Scholarships and Financial Aid to Pursue MBA in the UK

If MBA in UK for Indian students fees intimidate you due to the high prices, there are several options available to avail scholarships. These scholarships can be availed as merit-based, need-based, or associated scholarships with a particular background or region.

Chevening Scholarships

Commonwealth Scholarships

Global MBA Scholarship (LBS)

Said Business School Foundation Scholarship (Oxford)

Conclusion

Pursuing an MBA in the UK is a lucrative investment that gives a good return after your program. Even an MBA in the UK for Indian students fees at a mid-range university will give you great returns on your investment for the expenses you made during your entire course. On average, the starting salary of a business graduate can be anywhere between £60,000 and £100,000 per year. However, be sure that you plan for your course the right way for your financial considerations. Compare the costs of different universities and choose the one that matches your long-term goals. You can always go for scholarships or educational loans to pursue your MBA courses in the UK.

If you want to get an education loan from a team of professionals who can also help you in the process of admission for your MBA programs, contact Education Vibes today!