Though the Masters of Business Administration is a degree that originated in the US in the 20th century, institutions around the world soon adopted it. MBA focuses on teaching students the required skills and techniques to pursue successful careers in management and business. The UK is one such place that rapidly integrated this field of study in their Master’s degree program.

In order to get enrolled in an MBA program in the UK, a student must fulfil the basic eligibility criteria. Each university has a different set of requirements. However, there are a few common requirements such as a student must possess a Bachelor’s degree or equivalent, an overall score of 6.0 or more in IELTS or another English language test, relevant work experience and more.

Despite the fulfilment of the eligibility criteria and a sound academic background, pursuing MBA in UK is no piece of cake for students who have to spend thousands of pounds annually on the course, minus the commuting and living expenses. However, the UK is known for providing quality education which is why students from all around the world want to earn a degree from a UK institute.

While the top universities cost nothing more than an arm and a leg, there are some colleges and universities that offer a fairly good MBA program to students for affordable tuition fees. Five such institutions offering affordable MBA in UK are:

1. University of Wales Trinity Saint David

The tuition fee, which students belonging to the UK and EU need to pay, is £6,200 per year.

2. University of Bolton

Students from the UK and EU need to pay an annual tuition fee of £8,500.

3. Cardiff Metropolitan University

Previously known as the University of Wales Institute, Cardiff, this university charges an annual fee of £9,000 from EU and UK students for MBA.

4. University of Gloucestershire

Sharing the third spot with Cardiff Metropolitan University, the University of Gloucestershire also charges £9,000 annually for their MBA program.

5. University of the West of Scotland

Based in Glasgow, this university has set their annual fee at £9,200 for UK and EU students enrolling in their MBA program.

Some other universities on list of the cheapest institutions for an MBA in UK according to the Reddin Survey of Tuition Fees were the University for the Creative Arts, Canterbury Christ Church, University of Worcester, University of the Highlands and Islands, and Birmingham City University.

January intake 2023