How much does it cost (Indian rupees) to study MBA in UK or Ireland?And how much will we need for accommodation and food etc?

Question

J Bajwa · Accepted Answer

Studying an MBA in the UK or Ireland costs between ₹25 lakhs and ₹45 lakhs in tuition, depending on the university. Most MBA programs in both countries are 1-year long, which helps reduce overall cost.
Top UK schools like Warwick or Manchester charge around ₹35&ndash;₹40 lakhs, while Ireland&rsquo;s Trinity or UCD Smurfit fall in the ₹22&ndash;₹30 lakhs range. For living expenses, budget around ₹90,000 to ₹1.2 lakhs per month,  this includes shared accommodation, food, transport, and basic needs. Cities like London and Dublin are more expensive, while smaller cities are easier on the wallet.
So, the total 1-year MBA cost (tuition + living) typically comes to ₹40&ndash;₹55 lakhs for the UK and ₹35&ndash;₹45 lakhs for Ireland. Many students manage part of their living expenses through part-time work.

Ranjan J · Answer

UK and Ireland MBA costs can vary &mdash; but most programs are 1 year long, which helps manage the overall expense.

Tuition fees:   UK MBAs range from ₹30&ndash;₹45 lakhs (e.g., Warwick, Cranfield and Ireland MBAs range from ₹22&ndash;₹32 lakhs (e.g., Trinity, UCD Smurfit).
Accommodation & living: Monthly expenses are ₹90,000&ndash;₹1.2 lakhs, with rent being the largest chunk. London and Dublin are the costliest cities.
Total 1-year cost:  UK: ₹45&ndash;₹60 lakhs  and Ireland: ₹35&ndash;₹50 lakhs
Other costs: Health insurance, visa, and travel can add ₹2&ndash;₹3 lakhs.
Offset options: Students can work 20 hours/week part-time, often covering 25&ndash;30% of monthly expenses.

Since the MBA is usually a 12-month program, careful budgeting and early planning make the total spend more manageable.

Nitin Chauhan · Answer

When advising students about studying for an MBA in the UK or Ireland, it's crucial to consider both tuition fees and living expenses, calculated in INR for clarity. For the UK, tuition fees for an MBA program can vary significantly. Top-tier institutions like London Business School might charge up to &pound;80,000 per year, while other schools might have fees as low as &pound;20,000. In Indian Rupees, this ranges from about ₹20 lakhs to ₹80 lakhs annually. Living expenses can also vary based on location; London is notably more expensive than smaller cities.
For Ireland, the average tuition fee for an MBA ranges from &euro;20,000 to &euro;35,000 per year (approximately ₹17 to ₹30 lakhs). Living expenses in Dublin, the prime location for students, are typically around &euro;1,000 to &euro;1,500 per month (about ₹85,000 to ₹1.25 lakhs). Overall, students planning to study in the UK or Ireland should budget around ₹25 to ₹50 lakhs annually to cover both tuition and living expenses. This estimate includes potential fluctuations in exchange rates and should be adjusted accordingly.

Yash Mothia · Answer

Pursuing an MBA in the UK or Ireland can be a rewarding experience but requires significant financial planning. In the UK, expect tuition fees to range between ₹20 to ₹55 lakhs depending on the institution. For instance, Oxford or Cambridge charge around ₹45-55 lakhs, while universities like Birmingham are around ₹20-30 lakhs.
Ireland is slightly more affordable, with fees for top schools like Trinity College Dublin ranging from ₹15 to ₹30 lakhs.
For living costs, you&rsquo;ll need around ₹8-10 lakhs annually. Major cities like London or Dublin are more expensive, where accommodation alone may cost ₹80,000-₹1.2 lakhs per month. Food, transport, and other daily needs typically add another ₹20,000-₹30,000 monthly.
These estimates will help you plan your budget and make the most out of your study experience.

Arun Rajawat · Answer

Studying for an MBA in the UK or Ireland can be quite an investment, but the payoff in terms of career opportunities is significant. 
In the UK, MBA tuition fees generally range between ₹20 to ₹55 lakhs, depending on the university. For example, London Business School charges around ₹50-55 lakhs, while universities like the University of Edinburgh are on the lower end, around ₹25 lakhs.
In Ireland, fees are slightly lower, ranging from ₹15 to ₹30 lakhs for top institutions like Trinity College Dublin or University College Dublin.
For living expenses, you should budget around ₹8-10 lakhs per year. This covers accommodation, food, and other essentials. Cities like London and Dublin are more expensive, with monthly rents ranging from ₹80,000 to ₹1.2 lakhs. Food and other costs will add around ₹20,000-₹30,000 per month.
Make sure to factor in these expenses when planning your MBA journey!