The United Kingdom is famed for its high level of business education globally. Nine of the Financial Times’ top 100 global MBA programs are based in the UK.
An MBA at Cambridge Judge Business School, ranked fifth globally by the FT, costs £57,000. At London Business School, ranked sixth, £87,900.
At the same time, the UK is home to some of the world’s cheapest MBA programs. The University of Wales Trinity St David costs UK-based students £7,500, and internationals £13,340. Plymouth University prices its part-time MBA at just £4,995.
However, applicants need to strike a balance between cost and quality. Lesser-known MBA programs without accreditation may be looked upon with suspicion by prospective employers.
Best UK MBA programs for value for money
With this in mind, we’ve put together a list of our top 10 most affordable MBA programs (full-time) which cost under £35,000, but don’t skimp on quality or accreditation.
The University of Liverpool School of Management, for example, offers an AASCB-accredited, one-year MBA program costing just £18,000 for home and EU students, and £24,950 for internationals. Aston Business School’s full-time MBA costs £21,500 for home and EU students and £25,850 for internationals.
The University of Exeter’s MBA—centered on themes like sustainability and responsible management—costs £30,000 and offers special terms for ex-armed forces and independent professionals such as freelance consultants.
Nottingham Trent University charges £18,500 for its full-time MBA, while Birmingham Business School's full-time, one-year MBA program is priced at £28,980.
Just outside our top 10 are: Bath School of Management’s full-time MBA at £37,500; Warwick Business School at £40,450; and Cranfield School of Management at £39,000.
More affordable MBA programs in London include those offered by Cass Business School, at £44,000 and Imperial College Business School, at £53,500.
Here’s our top 10 most affordable MBA programs in the UK:
This article was first published in September 2017 and updated in March 2020.