5 Most Affordable UK MBA Programs

Affordable UK MBA

The UK is home to many top business schools known worldwide. From London Business School to Oxford Saïd, many cutting edge institutions offer MBA educations second to none. However, these schools also tend to come with a hefty price tag. An MBA from LBS will cost you around £82,000 ($99,548 USD) while Oxford Saïd costs £57,200 ($69,440 USD).

So, where can you go to school in the UK and earn an AACSB accredited MBA for far less? We’re highlighting five of the most affordable UK MBA programs below—three in the £18,000 range and two in the £30,000 range.

5 Most Affordable UK MBA Programs

The Nottingham Trent University Business School is AACSB and EQUIS accredited. The school is recognized for its innovative business education as well as the high quality of its research and teaching. Known for academic rigor and hands-on learning, the business school is ranked as one of the top 100 in Europe.

The Nottingham Business School (NBS) MBA program offers a full-time, part-time, and Online MBA. For the full-time MBA program, students can choose to specialize in three disciplines, including: Digital MarketingFinance; and Global Supply Chain Management. Students can graduate in one to two years after completing courses in strategic change, management operations, finance, marketing, and more. Optional courses include risk management, digital marketing management, and global supply chain management.


Local, EU, and international students pay just £18,000 ($21,850) for one year or £19,385 ($23,531) for two years at this affordable UK MBA.

The University of Liverpool School of Management is AACSB Accredited and recognized as a top business school in the UK. The school is well known for its global research and teaching in all key management disciplines, including marketing, finance, economics, operations, and organizational behavior. As a Russell Group University, the University of Liverpool has an established portfolio of success.

The MBA program is globally ranked and offers students unique opportunities to specialize in Football Industries and Thoroughbred Horseracing Industries. The traditional Liverpool MBA is just 12 months full-time and 24 months part-time. It requires students to complete 180 credits total. The curriculum includes two compulsory modules, covering such topics as supply chain management, managerial economics, finance, and innovation. There’s also a third optional module offering courses in project design, local entrepreneurship, and financial management.


For students who live in the UK, the cost of the Liverpool MBA is just £18,000 (USD 21,850). For international students, the price increases to £24,950 (USD 30,286).

The Open University Business School is triple-accredited by the AACSB, AMBA, and EQUIS. It’s also internationally recognized for its teaching and learning, including being recognized for cutting edge research and a global network of partnerships. Over the past 30 years, more than 100,000 students from 120 countries have studied at The Open University Business School.

As for its MBA program, it’s part-time and consists of 180 credits. Students split their coursework between 75 percent compulsory elements and 25 percent optional modules. You’ll graduate in just three years after having studied topics in organizational management, corporate finance, marketing, change management, and entrepreneurship, to name a few. You’ll also gain practical management and decision-making skills, which you’ll use for years to come.


This affordable UK MBA costs just £18,505–£21,320 ($22,470-25,888).

The University of Birmingham Business School is AACSB, AMBA, and EQUIS accredited. Established in 1902, it’s among the oldest business schools in the country. The school is well known and ranked for its research, reaching international recognition and fame. It’s also known for being at the forefront of business education, consistently ranking among the best schools in the world.

The school offers multiple MBA options, including an MBA International Business, MBA Global Banking & Finance, MBA Executive, MBA Online, and MBA Singapore. The full-time MBA in International Business is ideal for students interested in global trade. Students can graduate in 12, 21, or 24 months, depending on how many courses they take each year. Courses cover a wide range of topics, including compulsory modules in accounting, finance, global business, operations management, and HR management. There are also optional modules in corporate governance, global marketing, and supplier management.


Both international and local students pay the same fees £27,000 ($32,775).

The University of Exeter Business School is AACSB, EQUIS, and AMBA accredited. It’s also ranked as one of the top business schools in Europe and is recognized as a leading research and teaching university. The school partners with many global organizations, NGOs, and startups to offer students unique opportunities to practice what they learn and to boost their graduates’ employability.

The full-time Exeter MBA program is ranked number one in the world for sustainability by the Corporate Knights’ Better World Rankings. It’s a 12-month MBA program that allows students to work with global brands during multiple experiential learning opportunities. Students complete courses in strategy, marketing, accounting, finance, leadership, and negotiation. There are also optional modules in sustainable finance, leading resilient organizations, and business-to-business marketing.


Both international and local students pay the same fees of £30,000 ($36,417) for this still highly affordable UK MBA.


About the Author

Kelly Vo    

Kelly Vo is a writer who specializes in covering MBA programs, digital marketing, and personal development.

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