All AnswersWhat is the Fee Structure for Studying at University of Oxford for MBA in 2024?
Asked by Farnaz Nawaz over 2 years ago
Experienced Human Resources Specialist | Talent Acquisition | Employee Relations | HR Operations Expert
If you’re planning to study MBA at the University of Oxford in 2024, the tuition fee is £78,510 for the full one-year program. This fee also includes your membership to the Oxford Union, which is a great space for events and networking during your studies.
Apart from the tuition fee, you will also need to plan for your living expenses. Oxford recommends budgeting between £16,000 and £23,000 for the year. This includes your rent, food, travel, study materials, and other day-to-day expenses.
| Fee Component | Amount (GBP) |
| Tuition Fee | £83,770 |
| Application Fee | £75 |
| Deposit | £9,800 |
| Estimated Living Expenses | £17,100–£24,420 |
So, in total, the overall cost for studying MBA at Oxford can go over £95,000, depending on your lifestyle. It’s a big investment, but many students choose Oxford for its world-class learning, career opportunities, and strong alumni network.
It’s important to keep these costs in mind while planning and also look out for scholarships or financial support options the school offers each year.
Country Expert : UK
The tuition fees, as well as, other expense varies across courses, schools and countries.
So tell me more about the course that you wish to pursue and if you have any school or country preference. Based on this, I will be able to help you with the elaborate information.
Starting an MBA journey at the University of Oxford in 2024 is an exciting endeavor. Understanding the financial requirements is essential to planning your study abroad experience effectively.
The tuition fee for Oxford's MBA program in 2024 is £97,500. This substantial investment includes access to cutting-edge resources, world-class faculty, and extensive networking opportunities that are integral to your MBA experience. However, students should be prepared for additional expenses beyond tuition.
Living costs in Oxford can range from £17,000 to £23,000 annually, depending on your lifestyle and accommodation choices. These costs include rent, food, transportation, and personal expenses. It's wise to budget carefully and consider these expenses as part of your overall financial plan.
Don't forget to factor in additional costs such as the UK student visa fee, which is £363, and the mandatory immigration health surcharge, approximately £470 per year. These are crucial for ensuring you have legal and medical coverage during your stay.
Oxford Saïd Business School provides a range of scholarships to support talented individuals from diverse backgrounds. Scholarships such as the Saïd Business School Foundation Scholarships and Oxford Pershing Square Graduate Scholarships can significantly reduce your financial burden. Ensure you explore these options and submit your applications well before the deadlines.
Deadlines are critical as applying early can increase your chances of securing a place and obtaining financial aid. Always refer to the official Saïd Business School website for the latest information and to confirm deadlines and scholarship details.
By understanding and preparing for these financial aspects, you can focus on making the most of your MBA experience at one of the world's leading universities.
Education expert
For the academic year 2024-25, the tuition fee is £78,510. This fee includes the course cost and lifelong membership to the Oxford Union.
In addition to tuition, you'll need to budget for living expenses. The estimated living costs for a 12-month period range from £16,140 to £23,460, depending on your lifestyle and accommodation choices. This estimate covers essentials like food, housing, personal items, social activities, study materials, and other miscellaneous expenses
So, when planning your finances for the Oxford MBA, consider both the tuition fee and the additional living costs to ensure a comfortable and focused academic experience.
Wondering how much expenses you will incur in during your two year of MBA in England? Read this BLOG to find out