Invest in yourself
We know that choosing to pursue an MBA is one of the most important decisions you will make and is a substantial investment in yourself.
The tuition fees for the upcoming Imperial MBA intake are below. Tuition fees cover the length of the programme, flights and accommodation for your Global Experience Week, and core reading and study materials.
Fees do not cover accommodation and expenses, costs incurred as part of optional internships or exchanges, supplementary texts and study materials, Careers Club membership (£20 per club for the year).
MBA fee: £61,500
Deposit: £6,150
The fees for both UK and international students are the same.
Financing your MBA
Many of our students fund their studies through multiple funding sources, combining personal resources with education loans and scholarships.
Some options are listed below. You can browse our scholarship options here, and may find it helpful to listen to our podcast on financing your MBA.
Loans
Lendwise is a specialist loan provider dedicated to education finance for UK residents who are looking to fund their postgraduate studies at top universities.
Individual banks, building societies and other lenders offer study loans.
If you are a UK or EU student who meets certain criteria, you can apply for the Postgraduate Master's Loan from the UK government. See the gov.uk website for more information.
Prodigy Finance is a loan provider for international postgraduate students at the world’s top business schools. The Prodigy Finance loan is available to full time students. You will be eligible to apply for the Prodigy Finance loan once you have a firm offer from us.
The US Federal Loans Scheme allows various different types of loans to assist students with the cost of their studies.
Other funding options
A number of our students are either wholly or partly sponsored by their employers. To gain the support of your employer to sponsor your MBA studies, it is important to build a strong business case that demonstrates how the programme can help you and your organisation. Essentially, your case needs to persuade your employer that funding your education would be a good investment for the business.
Top tips:
- Clarify your career goals
- Identify your company policy
- Speak to colleagues who have been sponsored
- Decide on the kind of sponsorship you want from your employer
- Invite your employer to find out more about the programme
If you require further assistance on employer sponsorship, you can talk to the Recruitment team at an event, or submit a request through our general enquiries form.
There are several externally funded scholarship options available to Full-Time MBA students including the AMBA scholarship and the Chevening scholarship. You can find details of further non-Imperial scholarships here.
You should consider what personal resources are available to you and evaluate your income, assets and your lifestyle expenses. Personal resources reduce your dependency on loans and other financing options.
For UK residents, for further information on financial assistance to support your learning, please visit gov.uk or contact 0800 100 900.
Paying your fees
You can pay your MBA tuition fees in one installment in September or, if you are self-funding, in two installments in September and February.
If you are paying in two installments, a 1% facility fee of the total amount will be added to your first installment. You will be asked to select a payment schedule during the offer acceptance process.
Tier 4 visas
If you require a Tier 4 visa, you may opt to pay in installments. Note that you must still show evidence of funds to cover living expenses plus the full tuition fees in your bank account for a minimum of 28 days on a statement dated no more than 31 days prior to the visa application date.
This means that if the first installment has been paid and shows as such on the CAS, you must still have the remaining tuition fee balance plus recommended living costs saved in a bank account for at least 28 days.
Deposit
You will be asked to pay a deposit of 10% of the tuition fee in order to secure your place. This is part of the full tuition fee and not an additional cost. You will receive an email invoice from the Tuition Fees team within five days of accepting your offer and will need to pay the deposit within 30 days of receiving this invoice. Failure to pay this in time may result in your offer being withdrawn.
Apart from certain circumstances, deposits are not refundable if you fail to take up your place in the programme. You can find out if you qualify for a refund and the process for requesting a refund on the College’s postgraduate deposit information page.
Inside IB podcast: how to fund your MBA programme
Nothing on this website is or shall be deemed to constitute, financial advice or a recommendation or endorsement in respect of any financial product.
You should always check the suitability of the product that is of interest to you. If you are in any doubt as to its suitability, we suggest that you seek independent professional advice.