In our evaluation, the most affordable schools are those with a $120,000 and above total salary and costs less than $110,000.
Alliance Manchester Business School, Warwick Business School, and Cranfield Business School were the most affordable MBA programs.
Alliance Manchester Business School offers a post-MBA salary of $140,328 for a $104,412 cost.
Similarly, the Warwick MBA despite a 21% hike in costs offers the MBA program at an affordable $94,289 with an average salary of $125,339 - 32% higher than the cost.
Cranfield MBA is the most consistent in terms of cost hikes (less than 6%), and salary above the $120,000 mark (PPP converted).
Durham Business School despite the lowest cost of $85,953 saw the highest hike of 26% in the total cost.
Note: Other top UK MBAs in the Top 10 lists included Bayes Business School (formerly Cass), Lancaster University Management School, and University of Strathclyde Business School. However, due to the unavailability of the Employment Report of each of the three MBAs, we kept these schools out of the ranking list. Despite removal from the list, you can find their total cost in the table below whereas the salary given in the table is sourced from the Financial Times for these three schools which depicts the average salary for three years.
* Salary taken from FT Ranking **The salary of the Cambridge MBA program is £91,083 and $157,355 after PPP conversion by the school which shows a difference of around $18,000 after direct PPP conversion which stood at $139,857.
PPP Conversion Rates: 1 Pound = 1.54 USD
Note: Other top UK MBAs in the Top 10 lists included Bayes Business School, Lancaster University Management School, and University of Strathclyde Business School. However, due to the unavailability of the Employment Report of each of the three MBAs, we kept these schools out of the ranking list. Despite removal from the list, you can find their total cost in the table whereas the salary given in the table is sourced from the Financial Times for these three schools which depicts the average salary for three years.
| Rank | Business School Name | Total Salary as per PPP (2024) | Total Salary as per PPP (2023) | Total Cost of MBA in USD (2024) | Total Cost of MBA in USD (2023) | % Increase/Decrease in Total Cost (2024) |
| NA | *Lancaster University Management School | $110,094 | $45,799 | $67,560 | $52,626 | 28.8% |
| 8 | Durham University Business School | $92,163 | NA | $85,953 | $67,163 | 26.8% |
| 2 | London Business School ( 2 years) | $152,525 | $127,424 | $229,647 | $192,062 | 20.5% |
| 4 | Oxford Said Business School | $128,075 | $117,754 | $151,260 | $129,730 | 17.9% |
| 3 | Alliance Manchester Business School | $140,238 | $124,000 | $104,412 | $90,977 | 11.8% |
| 7 | Imperial College Business School | $105,090 | $102,473 | $132,243 | $120,122 | 11.8% |
| 1 | Cambridge Judge School of Business (Average) | $157,355 | $143,924 | $134,547 | $121,892 | 11.6% |
| NA | *Bayes Business School (formerly Cass) | $142,031 | $64,132 | $105,986 | $100,746 | 6% |
| 6 | Cranfield School of Management | $124,086 | $101,090 | $89,679 | $84,320 | 5.9% |
| NA | *University of Strathclyde Business School | $106,608 | $109,924 | $80,809 | $76,372 | 5.2% |
