UCL MiM Fees 2025: Total Cost, Scholarships & Expenses

Complete breakdown of tuition, living costs, and scholarships for UCL’s MiM program in 2025

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UCL MiM Fees 2025: Total Cost, Scholarships & Expenses

7 minutes

Introduction
What is the Tuition Fees of UCL MIM Graduates?
- What your tuition fee includes
Navigating Living Expenses in London
Scholarships & Financial Aid at UCL
- Financial Aid and Loans
Opportunities for Part-Time Work
- Indian Student Visa Work Hour Restrictions

🎯Key Takeaways – UCL MiM Fees

✅ Tuition: Tuition for UCL MiM (MSc Management) in 2025-26 is £39,800 with a 10% deposit required

💼 Additional Costs: Study trips £1,000–£1,750, plus books, printing, and daily living in London

📊 Diverse Class: The 2024-25 cohort includes 56 nationalities with strong international backgrounds

⭐ Employability: UCL offers tailored career coaching and strong employer engagement for graduates

Introduction

UCL School of Management offers a 12-month full-time MSc Management programme that trains graduates from diverse backgrounds to become business leaders. Core learning is backed by rigorous research and strong industry connections, with pathway options in Finance or Corporate depending on your prior exposure.

When considering UCL MiM fees, it’s important to know the tuition for 2025-26 is £39,800 with a 10% deposit required. You’ll also want to factor in living costs, optional international trips, and other expenditures. Understanding the total cost helps you decide if the investment matches your career goals.

What is the Tuition Fees of UCL MIM Graduates?

The tuition charge for the UCL MIM program is £38,300 per academic year. These UCL MIM fees include registration, enrolment, tuition, supervision, and examination. It is crucial to remember, however, that the tuition fee does not include living expenses, books, materials, or travel expenditures. It is best to prepare your budget with these additional fees in mind.

UCL MIM fees	Cost
Tuition fees	£38,300
Application fees(online/offline )	£160

What your tuition fee includes

UCL MIM Tuition fee is critical to evaluate your living expenses while studying at UCL. On average, you should budget £2,703 for a 39-week academic year or £3,606 for a 52-week academic year. Food, course materials, mobile phone plans, health and wellness, and a student bus pass are common examples of these costs. To ensure a comfortable and satisfying student life, it is critical to carefully manage your budget and make wise financial decisions.

Navigating Living Expenses in London

On average, international students should budget approximately £12,000 to £15,000 per year for living expenses in the UK. However, it's important to note that the cost can vary depending on factors such as your university's location, lifestyle choices, and personal preferences. Remember, investing in a MiM from UCL can significantly boost your earning potential , making it a worthwhile investment for your career.

Let's take a closer look at some specific living expenses you should consider:

1. Accommodation

The cost of accommodation in the UK varies depending on the city and type of housing, particularly impacting students concerned with UCL MiM fees. On-campus accommodation options, such as dormitories or shared apartments, typically range from £4,000 to £8,000 per year for UCL MiM students. For those preferring off-campus housing or renting a private apartment, costs can escalate to £10,000 or more, depending on the location and amenities, adding to the overall UCL MiM fees.

2. Food

Regarding food expenses, it's helpful to know that the UK offers a wide range of dining options to suit different budgets,adding to the overall UCL MiM fees. Students can budget around £150 to £200 per month for groceries and cooking at home. If you choose to dine out occasionally or eat on campus, the monthly expenditure may increase to approximately £250 to £350.

3. Transportation

Getting around in the UK is relatively convenient thanks to an extensive public transportation system. The cost of transportation will depend on your location, but most cities offer discounted student passes for buses and trains. On average, you can expect to spend around £50 to £100 per month on transportation which will be added to the adding to the overall UCL MiM fees.

4. Utilities and Other Expenses

Additional living expenses include utility bills (electricity, water, and heating), internet and phone bills, as well as miscellaneous costs for personal items and leisure activities. These expenses can vary, but budgeting around £100 to £150 per month should provide a reasonable estimate as it will be added to the overall UCL MiM fees.

It's important to remember that the living expenses mentioned above are average figures, and your spending habits may differ. Careful budgeting and financial planning can help you maximize your resources while ensuring a comfortable lifestyle during your MIM studies in the UK.

Below is the table showing the living expenses which will be added to the overall UCL mim fees-

Living Expense	Estimated Cost per Year
Accommodation	£4,000 to £10,000
Food	£1,800 to £4,200
Transportation	£600 to £1,200
Utilities and Other Expenses	£1,200 to £1,800
Total Estimated Living Expenses	£7,600 to £17,200+

Note: To know more the UCL Fees & Funding, visit here

Scholarships & Financial Aid at UCL

UCL understands the financial investment required for pursuing a Master's degree and offers scholarships to support talented students. These scholarships aim to enable and motivate students from various backgrounds to pursue their academic aspirations. Here are the UCL MiM scholarships available:

1. UCL Master Bursary:

The UCL Master Bursary is intended to help students from low-income families pursue full-time or part-time Master's degree studies at UCL. It gives financial assistance to qualifying students with a household income of £42,875 or less per year. The bursary is worth £10,000 for one year and can be used to cover tuition and living expenses. This scholarship's application date is usually in June.

2. UCL Global Masters Scholarship:

The UCL Global Masters Scholarship is designed to help overseas students from low-income families pursue full-time Master's degree studies at UCL. This scholarship is open to prospective students who qualify for the Overseas fee rate and come from low-income families. There are up to 75 scholarships available in 2023/24, including scholarships specifically for Indian students. The scholarship is worth £15,000 for one year and can be used to cover tuition and living expenses. This scholarship normally has an application deadline in April.

It's important to note that these scholarships are awarded based on financial need and are recommended by the UCL Student Funding Office. They are highly competitive, and meeting the eligibility criteria does not guarantee receiving the scholarship. Therefore, it is crucial to submit a strong application that highlights your achievements, motivation, and financial circumstances.

Financial Aid and Loans

In addition to scholarships, international students can explore financial aid options and education loans to fund their MIM studies in the UK. Financial aid programs, such as the British Council's GREAT Scholarships, offer partial funding for outstanding students from specific countries.

Opportunities for Part-Time Work

UCL MIM recognizes the importance of part-time work opportunities for students and provides several avenues to explore such options.

Here are some platforms and resources that can help you find part-time jobs while pursuing your UCL MiM program:

1. Unitemps: A student-friendly job platform that shares opportunities in London and on campus. You can register to get job alerts that match your skills and schedule. It’s a good way to earn money while managing your UCL MiM fees.

2. UCL Students' Union JobShop: Perfect for casual, short-term jobs. Roles are often on campus or with local businesses, giving you extra income without heavy time pressure.

3. UCL Careers Internships: The UCL Careers portal lists internships and graduate jobs. You can also set up job alerts for daily or weekly updates. Internships not only help cover UCL MiM fees but also build valuable work experience.

4. Careers Extra Bursaries: UCL provides bursaries to support students from under-represented groups. These cover costs like transport and living, making it easier to take part in internships, volunteering, or short summer projects.

Note: To get more insights about interview question, you can visit here: UCL MIM Interview Questions

Indian Student Visa Work Hour Restrictions

Here are the key points regarding work permissions for Indian students in the UK on a Tier 4 (General) visa or the Student route:

Weekly Work Limit During Term Time: Students are allowed to work a maximum of 20 hours per week during academic terms. This includes both paid and unpaid work across one or more organizations.
Calculation of Work Hours: The 20-hour limit cannot be averaged over a longer period. A "week" for this purpose is defined as a period of 7 days starting on a Monday.
Work During Vacation: Students can work full-time during official vacation periods. It's essential to verify term and vacation dates as they vary based on the level of study.
Types of Permitted Work:

International students can engage in most types of work, but there are restrictions
No self-employment.
No business activities.
No filling of a full-time permanent vacancy.
No work as a professional sportsperson or entertainer.
No work as a doctor or dentist in training, unless part of a foundation program.

Work Permissions Post-Thesis Submission: After submitting their thesis for examination and until the official notification of viva outcomes, students are allowed to work full-time. Following the viva outcome and until the unconditional approval of the degree (including any required corrections), students are restricted to working a maximum of 20 hours per week.

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Conclusion

UCL MiM fees may seem like a significant investment, the unparalleled education, global career prospects, and UCL's prestigious reputation as it is one of the top MIM colleges in UK make it a worthwhile choice. With strategic financial planning and available scholarships, UCL MiM offers the perfect foundation for a successful and rewarding career in management.

What is the tuition fee for the MiM program at UCL for domestic students?

For domestic students (UK residents), the tuition fee for the MiM program at UCL typically varies each academic year. As of the latest update, the fee is approximately £16,000 per year. However, prospective students should check the UCL website or contact the admissions office for the most current fee structure.

How much do international students pay for the MiM program at UCL?

International students generally pay a higher tuition fee compared to domestic students. The fee for international students is around £32,100 per year. This fee is subject to change, and students are advised to consult the official UCL website for the latest information.

Are there any additional costs apart from tuition fees for the MiM program at UCL?

Yes, students should budget for additional costs such as accommodation, textbooks, study materials, personal expenses, and possibly travel. These costs are not included in the tuition fees and can vary widely depending on personal choices and lifestyle.

Does UCL offer any scholarships or financial aid for MiM students?

UCL offers a variety of scholarships and financial aid options for both domestic and international students. These can include merit-based scholarships, need-based grants, and country-specific scholarships. Students are encouraged to apply early for these scholarships and to check the UCL scholarships page for detailed information and eligibility criteria.

Can MiM students at UCL pay their tuition fees in installments?

Yes, UCL allows students to pay their tuition fees in installments. Typically, this can be split into two or three payments spread across the academic year. This option helps to manage the financial load and is detailed on the UCL payment portal, where students can also find the specific due dates and payment procedures.

Know Your Author

Abhyank Srinet

Study Abroad Expert

Abhyank Srinet, the founder of MiM-Essay, is a globally recognized expert in study abroad and admission consulting. His passion is helping students navigate the complex world of admissions and achieve their academic dreams. Abhyank earned a Master's degree in Management from ESCP Europe, where he developed his skills in data-driven marketing strategies, driving growth in some of the most competitive industries.

Abhyank has helped over 10,000+ students get into top business schools with a 98% success rate over the last seven years. He and his team offer thorough research, careful shortlisting, and efficient application management from a single platform.

His dedication to education also led him to create MentR-Me, an AI-powered platform that offers personalized guidance and resources, including profile evaluation, application assistance, and mentoring from alumni of top global institutions.

Continuously adopting the latest strategies, Abhyank is committed to ensuring that his clients receive the most effective guidance. His profound insights, extensive experience, and unwavering dedication have helped his clients securing of over 100 crores in scholarships, making him an invaluable asset for individuals aiming to advance their education and careers and leading both his ventures to seven-figure revenues.