The plunge in the value of the pound since the 2016 Brexit vote has made UK business school course fees look very attractive indeed to international students. This means that applications have fared much better than expected, given the uncertainty Brexit caused.
The UK remains an immensely popular place to do an MBA, thanks to its location close to other western European capitals, and the US. London, the capital city, is one of the most important economic centers in the world, while plenty of other cities in England, Scotland, and Wales offer great education and career prospects, but without the sky-high London living costs.
MBA degrees from the top UK business schools, such as London Business School, are still exceedingly expensive, however. But there are plenty of other schools still running accredited and ranked MBA programs that do not cost an arm and a leg. For those on a budget, we’ve ranked the top-10 budget MBA programs in the UK:
Like its competitor schools in London, Brunel takes advantage of all the city has to offer, including links to employers, cultural attractions, and collaborations with other schools. However, because it’s based on the fringes of the city center, living costs can be far, far cheaper. Plus, the tuition fees for Brunel’s MBA are also very affordable.View School Profile
Westminster Business School will give you access to all the prestige employers in London, but without the eye-popping fees charged by other schools in the city. Westminster’s AMBA-accredited MBA program runs for two years, giving you extra time for an internship and plenty of extra-curricular activities, which can look great on a CV.View School Profile
Nottingham is known by many for its global experience: MBA students can take trips around the world to locations including tech hub Silicon Valley, where they mix with startups and investors.View School Profile
Cardiff is the only business school in Wales accredited by AACSB International. Its one-year MBA is affordable, especially for those who live in the UK or the EU more broadly. The business school itself has other accolades: its ranked first in the UK for its research environment and sixth for research excellence, which informs MBA teaching.View School Profile
Strathclyde has been delivering its MBA for some 50 years. That longevity is testament to the program’s quality: it’s accredited by all three major MBA accreditation bodies, and is ranked in the top-20 of the UK by The Economist. It scored particularly highly for the breadth of its alumni network: the University of Strathclyde has some 170,000 graduates across the world. As any MBA will tell you, in business it’s often about who you know, not what you know.View School Profile
This Devonshire school is not as well-known as the top business school brands, but its education quality is on a par with many of them. Exeter’s MBA program focuses on tackling global challenges and developing an ethical perspective, as well as the nuts and bolts of business management.View School Profile
Birmingham Business School’s one-year MBA is tripled-accredited and offers specializations in international business or global banking and finance. The school is relatively close to London and all the top employers and famous cultural attractions in the UK’s capital city. But without the enormous living costs.View School Profile
An MBA is a major financial commitment, but it can transform your career. That’s certainly the case for graduates of the University of Edinburgh Business School in Scotland: 88 percent of the most recent graduating class were employed within three months. Although Edinburgh, Scotland’s capital is a renowned business hub, graduates worked in 16 countries, so international mobility looks excellent.View School Profile
At LUMS in the northwest of England, the MBA course is just a bit more than the Durham MBA, and is ranked by the FT as the tenth best globally on value for money, as its students earn some $104,000 three years from graduation. The program is distinctive for its focus on sustainability, responsibility and mindfulness.View School Profile
Based in the north of England, this top MBA is a relative bargain, compared to some other MBA programs in the UK. Durham is ranked by a bevy of leading publications, including the Financial Times and The Economist. It’s also one of a small minority of business schools to be accredited by the three top awarding bodies: AMBA, EQUIS and AACSB.View School Profile
Related MBA News
Crowdfunding and Beyond: Novel Ways to Pay for an MBA
Jun 11, 2020
From income share agreements to the ‘bank of mom and dad’, funding pressure has forced students and startups to find creative solutions to finance MBA degrees
UK Business Schools Bullish On Future After Brexit
Jan 28, 2020
With a more liberal visa regime coming into force, UK schools have many reasons to be cheerful heading into 2020
Employer Funding for MBAs: Myth or Reality?
Sep 17, 2019
New data show that a substantial number of MBA candidates are being paid by their employers to pursue a pricey graduate business education, but are there strings attached?
MBA School Choice: Imperial Vs. Warwick
Jun 03, 2019
Both schools have stand-out global reputations and places in rankings, but what should MBA aspirants consider when weighing up their choices?