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Key Takeaways
- The tuition fee for the University of Oxford MBA program is approximately £97,500. This covers the cost of the program for the entire academic year and includes various resources such as access to university facilities, career services, and networking events.
- The Oxford MBA class typically consists of around 320 students from over 60 countries. The diverse cohort brings together a wide range of professional backgrounds, with an average work experience of 5 years, enriching the learning environment with varied perspectives.
- Graduates from the University of Oxford MBA program enjoy an average salary of £80,000, with many securing roles in top-tier companies across various industries, including consulting, finance, and technology.
- The employment rate for Oxford MBA graduates is impressive, with over 90% securing job offers within three months of graduation. This reflects the program's strong reputation and the robust support provided by Oxford’s career services.
The University of Oxford MBA program stands as a prestigious gateway for aspiring business leaders aiming to make a global impact. This program offers not just an elite education but also a profound networking experience, connecting students with peers, alumni, and industry leaders across the globe. The financial investment in an Oxford MBA is significant, reflecting the program's value and the opportunities it unlocks. Understanding the fees associated with this program is crucial for prospective students to plan their educational journey effectively.
Oxford MBA Fees: An Overview
University of Oxford MBA fees for a one-year full-time MBA program starting in September 2024 is £78,510.
Studying for an MBA at Oxford is an exciting opportunity, but it also comes with significant costs. As a prospective MBA student, you likely want to understand the financial requirements for the year starting in September 2024. The tuition fee for the Oxford MBA program is set at £78,510 for the entire one-year duration. This comprehensive fee covers all the academic resources and facilities you'll need throughout your studies. While the University of Oxford MBA fees may seem high, the investment reflects the world-class education and unparalleled opportunities that come with an Oxford MBA.
Understanding the Living Costs for Oxford MBA
When it comes to pursuing an MBA degree at Oxford, one of the most crucial aspects to consider cost of studying and living in the UK, in addition to the University of Oxford MBA Fees, which can be pretty high in London.
Your living costs can vary significantly depending on your lifestyle. These are estimated to be between £1,345 and £1,955 per month in 2024-25.
Let's break down the costs of living in London for Oxford MBA students: food, accommodation, transportation, and utility.
- Food: The probable costs for food for an Oxford MBA student in London can range from £315 to £495 per month, depending on individual preferences and dietary requirements. For an entire year, it ranges from £3,780 to £5,940.
- Accommodation: Finding affordable accommodation in London can be challenging; hence, it's essential to budget accordingly. The likely costs for accommodation for an Oxford MBA student in London can range from £745 to £925 per month. For an entire year, the University of Oxford MBA Fees range from £8,940 to £11,100.
- Public Transport: Full-time UK students with a National Rail Card get a 30% discount on tube and bus fares using a Student Oyster Card. A monthly Student Oyster Card for Zones 1-2 costs £103.
Several other costs are associated with the University of Oxford MBA cost, which all add up to the total cost of pursuing the MBA program at Oxford. The following table showcases the various costs:
| S.No | Expense Area | Average Amount (12 Months) |
|---|---|---|
| 1. | Food | £4,860 |
| 2. | Accommodation | £10,020 |
| 3. | Personal items | £3,060 |
| 4. | Social activities | £810 |
| 5. | Study costs | £720 |
| 6. | Other | £330 |
| 7. | Public Transport | £1,236 |
| 8. | Fees | £78,510 |
| 9. | Overall Total Cost | £99,546 |
To know more: University of Oxford MBA Graduates | Living Cost
Financial Aid Options for Oxford MBA Program
Starting an Oxford MBA is an investment in your future. However, one of the primary concerns for prospective students is the "University of Oxford MBA cost". Oxford funding your MBA is crucial, and fortunately, there are several strategies you can employ to manage the expenses. It's essential to finance it smartly. Here are two key options:
- Scholarships: Oxford offers a range of scholarships and bursaries aimed at supporting students from diverse backgrounds and financial needs. These scholarships are highly competitive and can substantially reduce the overall cost of the MBA program
- Loans: If you need financial help, consider loans. Both private and government-backed options offer competitive rates and flexible terms. Research well, compare, and assess your ability to repay.
Using scholarships and loans wisely can make your University of Oxford MBA fees more affordable. Plan, explore all options, and make decisions that match your financial goals.
To know more: University of Oxford MBA Graduates | Fees & Funding
1. Scholarships Available to Cover Oxford MBA Fees
Several scholarships are available to help with the financial burden related to the University of Oxford MBA Fees. Meanwhile, Oxford University and its colleges have over 1,000 scholarships available for graduate students, some of which are awarded following each MBA admissions stage. Scholarships can be your biggest ally in managing the University of Oxford MBA cost.
Some of the available scholarships include:
| Scholarship | Amount | Eligibility | Number Available |
| Saïd Business School Foundation Scholarships | up to £30,000 | All MBA applicants | 50 |
| The Laidlaw Scholarships | Full MBA course fees | Open to female candidates | 10 |
| The Skoll Scholarship | Course fees and a partial grant for living costs | All MBA applicants | 4 |
| Oxford-Intesa Sanpaolo MBA Graduate Scholarship | Course fees and a grant for living costs of at least £17,668 | Female candidates | 1 |
| Weidenfeld-Hoffmann Scholarships and Leadership Programme | Course fees and a grant for living costs of at least £18,622 | All MBA applicants | 5 |
2. Student Loan Options
Managing the financial side of an Oxford MBA is crucial for your academic and career goals. Here, we look at student loan funding - Oxford MBA. We'll explore options to cover your University of Oxford MBA fees & costs. Knowing these options will help you make smarter financial decisions. Now, let's look at the different student loans available for your Oxford University journey.
Lendwise
Lendwise offers loans primarily to UK residents, but they consider applications from other European or international candidates on a case-by-case basis. They don't require a co-signer, collateral, or guarantees, and there are no penalties for early repayment. Their loans cover all Saïd Business School programs, both part-time and full-time, allowing borrowers to access funds ranging from £5,000 to £100,000 for up to 10 years. You can borrow up to 85% of course fees and certain living costs. Full-time courses have a grace period of up to six months after studies before repayments start, subject to approval.
Prodigy Finance
Prodigy Finance offers loans to students from 150 different nationalities. They don't require a co-signer, collateral, or guarantees, making it accessible to many students. There are no penalties for repaying the loan early; conditions are determined based on individual assessments. They conduct cross-border credit assessments to determine eligibility. For MBA programs, students can borrow up to 100% of course fees and living costs.
To know more External Funding | Oxford MBA
Part-Time Job Opportunities to Manage Oxford MBA Costs
Are you looking to enhance your financial prospects during your Oxford MBA program? or Are you considering Is University of Oxford MBA worth it? Yes, Its worth it taking up a part-time job to earn extra money and gain valuable work experience. Here are some prospective part-time job opportunities for students to get help with their University of Oxford MBA fees, segregated into different categories and their average earnings.
- Campus jobs: Oxford University provides a range of part-time jobs for students, such as research assistant, library assistant, or administrative assistant. These campus jobs offer flexible working hours that allow you to manage your coursework schedule easily. The pay for campus jobs varies but typically ranges from £10-£15 per hour.
- Hospitality industry: Oxford is a city that attracts many tourists, and the hospitality industry is a popular option for part-time work. Opportunities can range from working in a hotel, restaurant, or café. Depending on the position and experience, the hourly rate for hospitality jobs in Oxford typically ranges from £8-£12 per hour.
- Retail sector: Working in shops and department stores is another option for part-time work. Depending on the position and experience, the hourly rate for retail jobs in Oxford typically ranges from £7.50-£9 per hour. This can help effectively manage University of Oxford MBA fees.
- Tutoring: As an Oxford MBA student, you can tutor undergraduate students in your area of expertise. This can be an excellent way to hone your skills and earn a decent income. The pay for tutoring varies depending on the subject and the student's level but can range from £20-£40 per hour.
| Part-Time Job Sector | Hourly Salary | Weekly Salary (20 hours/week) | Monthly Salary (20 hours/week) |
|---|---|---|---|
| Campus Jobs | £10-£15 | £200-£300 | £800-£1200 |
| Hospitality Industry | £8-£12 | £160-£240 | £640-£960 |
| Retail Sector | £7.50-£9 | £150-£180 | £600-£720 |
| Tutoring | £20-£40 | £400-£800 | £1600-£3200 |
Understanding the Student Visa Work Hour Restrictions
For international students pursuing an MBA at Oxford, it's crucial to be aware of the work-hour restrictions set forth by your student visa along with University of Oxford MBA fees. These regulations exist to balance allowing you to earn an income and ensuring sufficient time to concentrate on your studies.
- The student visa work hour restrictions for Oxford MBA students are somewhat stringent. You are allowed to work only 20 hours per week during term time.
- During holidays and vacations, you can work full-time, which equates to approximately 40 hours per week.
Oxford MBA virtual information event
Useful Links
- University of Oxford MBA GMAT Score
- University of Oxford MBA Salary
- University of Oxford MBA Essays
- University of Oxford MBA Interview Questions
Conclusion
In conclusion, managing the university of Oxford MBA fees effectively is crucial for prospective students planning to embark on their MBA journey at one of the best MBA colleges in UK. Oxford's prestigious program consistently ranks among the top MBA offerings in the United Kingdom, making it a highly sought-after choice. With strategic financial planning and exploration of various funding options like scholarships, loans, and sponsorships. so, they can focus on maximizing their educational and professional outcomes at Oxford, leveraging the unique opportunities provided by this world-class institution to advance their careers in the competitive global business landscape.
