Cost of Living for MBA in UK
Even before starting with your plans of applying for an MBA in UK universities, you must work out the estimated cost of living in the UK while studying MBA. Most MBA courses may have an application fee between £90 and £200. However, if you have any financial problems, contact us at GoUK to either arrange for an education loan or a waiver by applying for different scholarships. Through these premium services, our education experts at GoUK can help you manage the cost of living in the UK to study MBA programs. Once you successfully secure admission, you may have to pay an MBA tuition fee ranging between £55, 000 and £100 000 at the best universities for MBA.
Now, it is crucial to calculate the living cost for Indian students in the UK per month to study MBA, which largely depends on the duration of MBA in the UK. Based on your chosen business school or university, your MBA degree may be 1 or 2 years. So, living expenses in the UK for International MBA students will change accordingly. Ideally, the cost of living for a single person studying MBA in the UK may range between £23, 000 and £90, 000. Nevertheless, this is not the only cost you will incur. There are other costs that you also need to factor in, like:
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The on-campus accommodation cost for MBA in the UK ranges between £35 00 and £7, 000 per year.
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Study materials and books will cost around £500 to £700 per academic year.
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Meals will cost £1, 400 per year.
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Travel costs may range between £500 and £1, 000 per year.
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Clothing will cost around £500 to £700 annually.
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Personal expenses may range between £1, 200 and £2, 000 per year.
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Remember, the cost of living and studying MBA in the UK will greatly vary on where you are living. If you want to live in London for your MBA studies, be prepared to pay more for everything than what’s the case in other parts of the country.
For guidance on the cost of living in the UK and how you can bring it down to a considerable extent, contact the skilled and expert counsellors at GoUK. There is a lot that the GoUK study abroad consultants can help you with.
First of all, we will help you find safe and verified accommodations in the UK. Students can always consult our support team of accommodation experts to explore, compare and book affordable accommodations per their desired location, budget and other personal; requirements. We also help students in the UK find accommodations through our extensive network of partner universities, agents and even students whom we have already offered help in pursuing an MBA in the UK.
With GoUK study consultants by your side, you can also expect detailed student profiling to understand a student’s strengths and weaknesses. We use this evaluation to guide students about the most suitable MBA specialisations and universities.
GoUK is always there to extend its support in getting fee waivers and scholarships for students willing to pursue MBA in UK universities. Our experienced study consultants also conduct pre-departure orientation programs for the students to prepare them to get accustomed to the accommodation, study pattern, lifestyle and other things required to pursue an MBA in the UK.
So start your MBA in the UK journey now with GoUK!
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