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Top 10 Most Affordable MBA Programs In The UK

Looking for the best value MBA? We list our top 10 affordable MBA programs in the UK, which cost less than £45,000 but don’t skimp on quality

Tue Jul 8 2025

BusinessBecause
The United Kingdom is famed globally for its high level of education in many fields, not least business. UK business schools are often more affordable than those in the US and other regions, in part because UK MBAs are typically delivered as one-year courses, which mean lower cost and faster return on investment. 

The UK is popular with all kinds of students thanks to its world-class universities and globally recognized degrees, as well as for its multicultural environment. 

Studying in the UK also provides an excellent opportunity for students to immerse themselves in an English-speaking environment, sharpening their language skills and further improving their career prospects. 


Tuition fee range for UK MBAs

In total, 11 of the top 100 MBA programs ranked by the Financial Times are based in the UK. While cheaper than the likes of Harvard and Wharton, these leading programs can come at a high price. 

A one-year MBA at Unversity of Cambridge Judge Business School costs £74,000. At London Business School, the 15 to 21-month program, ranked best in the UK by the FT and widely regarded as one of the best business schools in the UK, costs £119,950. 

At the same time, the UK is home to some of the cheapest MBA programs you can find anywhere. An MBA at the University of Worcester costs UK-based students £9,450, and internationals £17,900. 

Meanwhile at the University of Suffolk, an MBA costs £15,660 for UK students and £19,100 for internationals. Plymouth University prices its Full-Time MBA at £11,950 for UK students and £18,950 for international students.


Best UK MBA programs for value for money

Applicants need to strike a balance between cost and quality. Lesser-known MBA programs without globally recognized accreditation may be looked upon less favorably by prospective employers.

With this in mind, we’ve put together a list of the top 10 most affordable MBA programs (full-time) in the UK, all of which cost under £45,000 but don’t skimp on quality or accreditation. Each of these programs boasts a gold standard ‘triple-crown’ accreditation from AACSB, AMBA, and EQUIS.

The University of Liverpool School of Management offers a one-year MBA program costing just £26,500 for UK students, and £33,500 for internationals. Aston University Business School’s full-time MBA costs £24,500 for UK students and £30,000 for internationals. 

The University of Bath's MBA—highly focused on practical business experience—costs £37,500 and offers special scholarships for students with experience in social impact, entrepreneurship, and leadership, among others.  

The school charging the lowest price within this list Nottingham Trent University prices its full-time MBA at £24,500 while Birmingham Business School's full-time, one-year MBA program is priced at £37,800.

Outside the top 10 we've listed below, you can also find the likes of Cranfield School of Management which offers an MBA priced at £47,335; Warwick Business School’s MBA, meanwhile, currently costs £57,500. 

Studying in the diverse commercial hub that is London will generally come at a higher price. More affordable MBA programs in London include those offered by City University's Bayes Business School, at £50,400, and Imperial College Business School, at £73,000. 


Top 10 most affordable MBA programs in the UK:

The UK MBA programs below are all triple accredited, by AMBA, EQUIS, and AACSB. Durham Business School is ranked 86th in the world in the FT MBA ranking, while the University of Edinburgh MBA is ranked 91st globally, a few places ahead of another Scottish school, University of Glasgow Adam Smith Business School, in 97th. 



This article was first published in September 2017 and updated in July 2025.

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