Are you wondering how to bring your career to the next level or what to study next? Masters in International Business degrees are known for leading to great careers. Additionally, the UK has hosted some of the best universities in the world for a very long time.
EDUopinions has researched the most affordable masters in international business in the UK and has compiled them for you in this article.
How much does a masters degree cost in the UK?
The UK includes nations with different tuition fees, which vary per school, programme, and depend on whether you are from the UK, the EU, or from elsewhere (the fees are expressed per year):
- UK and EU students pay between £5,000 and £15,000
- Students from other countries pay between £15,000 and £30,000
- England and Wales:
- UK students pay between £15,000 and £20,000
- Students from other countries pay between £20,000 and £15,000
- Northern Ireland:
- UK students pay between £5,000 and £10,000
- Students from other countries pay between £15,000 and £30,000
If you are interested in studying in a big city, check out the most affordable universities in London.
What will I learn when studying international business?
Studying international business will make you delve into the world of international trade, different business models, and understand the industries that rule our world. Moreover, you will also acquire skills to join these industries, and tackle current and future challenges. If you already have professional experience, a master in this field will be a great addition to enhance your competences and take your career to the next level.
Is the UK cheap for international students?
The UK is generally not a cheap place to study. Rent can cost between £100 and £170 in student accommodation and ranges between £600 and £1,900 for apartments depending on where you live. Additionally, food will require around £200 per month, and you will also have to pay for charges, transportation, and academic books.
Overall, a month of living in the UK will cost you approximately £1,000 to £1,500. However, there are great discounts available in various cities, such as a 30% discount on public transportation in London.
Uk’s most affordable universities for international business
International Business Management with Marketing, M.Sc. at Heriot-Watt University
This MSc at Heriot-Watt University in Edinburgh is a conversion master. Therefore, it introduces young professionals and graduates without a management background, to business and management. You are given the opportunity to learn versatile management skills to enhance your career path.
The following yearly fees apply:
- Full-time: £7,400
- Part-time: £3,700
- Per course: £925
- International (non-EU):
- Full-time: £16,400
- Part-time: £8,200
- Per course: £2,050
Over 6 million pounds are available for scholarships every year.
International Business Corporate and Finance Law, LL.M. at Liverpool John Moores University
Another programme in Edinburgh is the International Business Corporate and Finance Law at Liverpool John Moores University. This LLM will lead you to work with professionals in the finance sector, businesses, and many others. In other words, it focuses on a globally relevant field of law. The excellent academic standards have led 96% of graduates to find a job within six months after graduating in 2017.
The programme includes two days of classes per week and costs £7,250 per year for UK nationals and £15,600 per year for international students.
International Business and Finance, M.SC. at De Montfort University – DMU
If you want to focus your postgraduate studies on the link between the global economy and financial markets, this MSc at De Montfort University in Leicester is for you. Additionally, this highly international programme delves into business and finance strategies and is perfect to pursue a career in banking.
This MSc in International Business and Finance costs £7,700 per year for UK and EU nationals and £14,600 per year for international students.
International Business, M.SC. at the University of Stirling
At the University of Stirling in Scotland, the International Business MSc provides you with important critical-thinking and problem-solving skills. Furthermore, it pays close attention to current global problems such as ethical, environmental and sustainability issues. This MSc is offered as a flexible learning programme. Therefore, you can choose between graduating with a master in International Business and Marketing or International Business and Entrepreneurship.
For UK nationals, the programme costs £9,350. For international students, it costs £18,645.
MSc International Business & Strategy at Lancaster University Management School – LUMS
The MSc International Business & Strategy programme at LUMS combines a global perspective of international business with up-to-date strategic thinking, pushing your career to the next level. The programme, endorsed by Ernst and Young (EY), is designed to equip graduates with the key capabilities required to operate in multi-national firms. Alumni work in multinational businesses, such as EY and IBM, among others. The programme engages in a comprehensive Lancaster University Management School experience by providing students with a cutting edge understanding of management practice and research in international business and strategy to realise their ambitions.
This programme costs £16,500 for UK nationals and £24,150 for others.
International Business, M.B.A. at the University of Greenwich – UoG
The University of Greenwich – UoG in London, offers an MBA that welcomes prospective students without a business background. It focuses on business strategy and change management through seminars (15 to 30 students) and lectures (120 to 320 students). Moreover, you are required to take part in an internship at a big company, such as Starbucks Coffee Company Limited, Bosch or Harrods.
UK nationals are given the option to pay £15,000 per year or to pay £2,500 per 30 credits. International students, however, are only given the option to pay £16,000.
International Business Management, M.A. at Middlesex University
For several years now, Middlesex University in London has been known for its holistic approach to education. Of course, this applies to its international business management programme as well. Moreover, throughout this degree, you will be sent on industry trips and receive guest lectures from experienced professionals. Graduates from this MA usually go on to become management analysts, trade managers, import/export agents, sales representatives, and many other attractive positions.
The programme costs £11,000 for UK nationals and £16,200 for international students.
Management (International Business) M.SC. at Durham University
In an ever-evolving commercial world, business is becoming increasingly international. Durham University’s MSc in Management (International Business) programme is designed to equip you with the frameworks, tools, techniques and knowledge to succeed in business, focusing on an in-depth understanding of the realities of management within a global context. The programme consists of a set of core and elective modules and culminates in an original research project. Strong international activities (some optional) are an integral part of the programme and aim at providing the experiential learning needed to acquire an inside perspective of operating globally.
The tuition fees for UK and Island students are £14,000. The programme costs £25,500 for international students.
International Business, M.B.A. at Bangor University
The only Welsh university on this list, Bangor University, offers an amazing dual award international MBA. Upon completion of this programme, you will receive a master’s degree from Bangor University as well as a Level 7 Diploma in Strategic Management and Leadership. This will be extremely valuable in finding a job in finance, entrepreneurship and marketing. Furthermore, the university emphasises the influence of culture on businesses.
This MBA costs £13,250 for UK and EU national, and £17,000 for others.
International Business Management, M.SC. at Kingston University
The MSc of International Business Management at Kingston University in London offers various study modes. First, the programme can be followed in one year, or in two years including a year of professional placement. Additionally, you can choose to focus on one of the following pathways: entrepreneurship, marketing and management. You will be given the opportunity to work on real consultancy projects with big companies, widen your international network of contacts, and benefit from a week abroad to visit foreign businesses.
For UK nationals, the programme costs £11,560. For other students, it costs £16,500. The optional placement year costs £1,420 for all.
Conclusion about The 10 Most Affordable Masters in International Business in the UK
The schools outlined in this article all combine high-quality education with affordable fees for the UK, and great career prospects. However, if you are a bit sceptical of physically attending university in the next few months, there are also plenty of affordable online British masters.
Still not sure where to study? Get in touch and we can help you create a shortlist of universities, based on your own unique requirements.