Master of Business Administration [MBA]
Field of Study:
$56,525 /Yr
University College London MBA with Peking University is a 16-month full-time or 28-month part-time master's degree program offered jointly by UCL School of Management and Peking University's National School of Development. The program is delivered in Beijing, China with optional modules available in London. The MBA combines rigorous business fundamentals with deep expertise in managing organizations in China and global markets, preparing mid-career professionals for strategic leadership roles across sectors.
UCL ranks 9th globally according to QS World University Rankings 2026 and 22nd for Business and Economics according to Times Higher Education 2026. The program is AMBA and AACSB accredited, demonstrating commitment to excellence in management education. UCL MBA graduates earn average starting salaries of GBP 75,000-100,000 (approximately INR 94-126 Lakhs based on current exchange rates) with 91% employment rates within three months of graduation. The cohort comprises approximately 60 students with average work experience of 13 years and representation from over 50 countries.
Current Admission Status:
Applications for the 2026-2027 intake open on October 20, 2025. For applicants requiring visas, the application deadline is March 27, 2026 (5 p.m. UK time). For applicants not requiring visas, applications close on August 28, 2026 (5 p.m. UK time). The program begins in September 2026. Decisions are typically released in May-June 2026. All students begin full-time or part-time study in the fall term only.
- Why Study MBA at University College London
- MBA Tuition and Fees at University College London
- Cost of Living in Beijing and London for International Students
- Housing Options for UCL MBA Students
- Admission Requirements and Process for UCL MBA
- English Language Proficiency (ELP) Requirements for UCL MBA
- MBA Ranking and Accreditation
- Scholarships and Financial Support for UCL MBA
- Placement Data and Job Outcomes for UCL MBA Graduates
- Return on Investment for UCL MBA (Indian Students)
- Frequently Asked Questions
Why Study MBA at University College London
- UCL MBA graduates secure leadership positions across consulting, finance, and technology sectors with median salary increases of GBP 30,000-50,000 (approximately INR 38-63 Lakhs) within three years post-graduation, representing 111% three-year pay gain.
- Dual university credential from UCL (top 10 global university) and Peking University (leading Chinese institution) provides unparalleled access to both Western and Chinese business networks and career opportunities.
- Flexible study options (16-month full-time or 28-month part-time) allow working professionals to pursue MBA without career interruption while maintaining employment and income.
- AMBA and AACSB accreditation ensures rigorous curriculum, innovative teaching, and career development support meeting global standards for business education excellence.
- Specialized focus on China's economy, innovation, and technology sectors positions graduates for leadership roles in multinational corporations and emerging markets across Asia-Pacific region.
MBA Tuition and Fees at University College London
UCL MBA with Peking University tuition is set in Chinese Yuan (CNY) and payable to Beijing International MBA at Peking University National School of Development. Fees vary by study mode and are subject to annual increases.
All INR conversions based on GBP 1 = INR 125.68 as of March 27, 2026. Exchange rates are subject to change.
| Fee Component | Amount (CNY) | Amount (GBP) | Amount (INR) |
|---|---|---|---|
| Full-Time MBA Tuition (2025) | CNY 418,000 | GBP 42,500 | 53.44 Lakhs |
| Part-Time MBA Tuition (2025) | CNY 418,000 | GBP 42,500 | 53.44 Lakhs |
| 2026 Tuition Fees | TBA | TBA | TBA |
| Application Fee | CNY 800 | GBP 81 | 10,200 |
| Optional Module (London) | Up to GBP 1,500 | Up to GBP 1,500 | Up to 1.89 Lakhs |
Key Fee Insights:
- Tuition fees are set in Chinese Yuan and subject to exchange rate fluctuations; students should budget for potential currency variations.
- Optional module in London (Entrepreneurship and Innovation in Europe) costs up to GBP 1,500 and includes accommodation (GBP 1,000-1,500 for 2 weeks) and travel expenses.
- 10% deposit required for overseas students at offer stage; deposit credited toward tuition fees upon enrollment.
- Fees do not include accommodation, meals, transportation, or personal expenses during study period.
Cost of Living in Beijing and London for International Students
Beijing offers significantly lower cost of living compared to London. International MBA students should budget for accommodation, food, transportation, and personal expenses during study period.
Estimated 2026-2027 Living Expenses (Monthly and Annual):
| Expense Category | Monthly Cost (GBP) | Monthly Cost (CNY) | Annual Cost (GBP) | Annual Cost (INR) |
|---|---|---|---|---|
| Accommodation (on-campus or shared) | GBP 400-600 | CNY 4,000-6,000 | GBP 4,800-7,200 | 6.03-9.05 Lakhs |
| Food and Groceries | GBP 200-300 | CNY 2,000-3,000 | GBP 2,400-3,600 | 3.02-4.52 Lakhs |
| Transportation (metro/taxi) | GBP 50-80 | CNY 500-800 | GBP 600-960 | 75,400-1.21 Lakhs |
| Books and Course Materials | GBP 50-100 | CNY 500-1,000 | GBP 600-1,200 | 75,400-1.51 Lakhs |
| Personal Expenses | GBP 100-150 | CNY 1,000-1,500 | GBP 1,200-1,800 | 1.51-2.26 Lakhs |
| Total Living Expenses (Monthly) | GBP 800-1,230 | CNY 8,000-12,300 | GBP 9,600-14,760 | 12.07-18.55 Lakhs |
Total Cost of Attendance (16-month full-time program):
| Category | Amount (GBP) | Amount (INR) |
|---|---|---|
| Tuition and Fees | GBP 42,500 | 53.44 Lakhs |
| Living Expenses (16 months) | GBP 10,667-16,400 | 13.41-20.62 Lakhs |
| Total Cost of Attendance | GBP 53,167-58,900 | 66.85-74.06 Lakhs |
Key Living Cost Insights:
- Beijing cost of living is approximately 40-50% lower than London, making the program more affordable than UK-based MBA programs.
- On-campus accommodation through BiMBA typically costs GBP 400-600/month including utilities; off-campus shared apartments range GBP 300-500/month.
- International students can live comfortably on GBP 1,000-1,200/month including accommodation, food, and transportation in Beijing.
- Optional London module (2 weeks) requires additional GBP 2,500-3,000 for accommodation, travel, and meals.
Housing Options for UCL MBA Students
Most UCL MBA students study in Beijing at BiMBA Business School's Chengze Garden Campus. On-campus and off-campus accommodation options are available in Beijing with varying costs and amenities.
On-Campus Housing Options (Beijing):
| Housing Type | Monthly Cost (GBP) | Monthly Cost (CNY) | Annual Cost (GBP) | Annual Cost (INR) | Notes |
|---|---|---|---|---|---|
| BiMBA Student Dormitory (Single) | GBP 400-500 | CNY 4,000-5,000 | GBP 4,800-6,000 | 6.03-7.54 Lakhs | Utilities included; shared facilities |
| BiMBA Student Dormitory (Double) | GBP 300-400 | CNY 3,000-4,000 | GBP 3,600-4,800 | 4.52-6.03 Lakhs | Utilities included; shared facilities |
Off-Campus Housing Options (Beijing):
| Housing Type | Monthly Cost (GBP) | Monthly Cost (CNY) | Annual Cost (GBP) | Annual Cost (INR) | Notes |
|---|---|---|---|---|---|
| Shared Apartment (1-2 bedrooms) | GBP 300-500 | CNY 3,000-5,000 | GBP 3,600-6,000 | 4.52-7.54 Lakhs | Utilities not included; independent living |
| Studio Apartment | GBP 400-600 | CNY 4,000-6,000 | GBP 4,800-7,200 | 6.03-9.05 Lakhs | Utilities not included; premium locations |
| 1-Bedroom Apartment | GBP 500-800 | CNY 5,000-8,000 | GBP 6,000-9,600 | 7.54-12.07 Lakhs | Utilities not included; family-friendly |
Housing Notes:
- On-campus accommodation is guaranteed for all incoming MBA students; highly recommended for first-year students for community and convenience.
- Off-campus housing in Beijing's expat-friendly areas (Chaoyang, Haidian) offers more independence but requires longer commute to campus.
- Most MBA students live on-campus or in nearby shared apartments within walking distance of BiMBA campus.
Part-Time Work Opportunities for International Students:
International MBA students on Chinese student visas can work part-time with university authorization. Work opportunities are limited but available through university and external employers.
Common Part-Time Jobs and Hourly Rates:
- English Teaching (private tutoring): GBP 15-25/hour (INR 1,885-3,142/hour)
- Corporate Training (language/business): GBP 20-30/hour (INR 2,514-3,771/hour)
- Research Assistant (BiMBA/university): GBP 12-18/hour (INR 1,508-2,262/hour)
- Administrative Assistant (international companies): GBP 14-20/hour (INR 1,759-2,514/hour)
- Freelance Consulting (part-time): GBP 25-50/hour (INR 3,142-6,284/hour)
China Minimum Wage: Varies by city; Beijing minimum wage approximately GBP 8-10/hour (INR 1,006-1,257/hour). Most part-time positions pay above minimum wage.
Admission Requirements and Process for UCL MBA
UCL MBA admits approximately 60 students annually from 600+ applications, representing an acceptance rate of approximately 10%. The program seeks mid-career professionals with demonstrated leadership potential, strong analytical skills, and commitment to global business.
Application Deadlines and Key Dates:
| Event | Date | Details |
|---|---|---|
| Application Opens | October 20, 2025 | BiMBA Business School online portal |
| Application Deadline (Visa Required) | March 27, 2026 | 5 p.m. UK time; no late applications accepted |
| Application Deadline (No Visa Required) | August 28, 2026 | 5 p.m. UK time; rolling admissions |
| Application Review Begins | April 2026 | Rolling review process |
| Decision Notifications | May-June 2026 | Decisions released via email |
| Reply Deadline | July 2026 | Admitted students must confirm attendance |
| Program Start | September 2026 | Fall 2026 semester begins |
Professional Experience Requirement:
- Minimum 3 years of full-time professional work experience after undergraduate degree completion required by program start date.
- Work experience can be in any sector; demonstrates career progression and leadership potential.
- Average cohort work experience is 13 years; candidates with 5+ years experience are more competitive.
Academic Eligibility:
- Bachelor's degree from accredited institution with lower second-class (2:2) or equivalent qualification minimum.
- For Indian students: Bachelor's degree with minimum 60% marks or equivalent (approximately 6.5+ on 10-point scale or Second Class Honours).
- Strong academic record preferred; GPA 3.3-3.7 on 4.0 scale (or equivalent) is competitive.
Standardized Test Requirements:
- GMAT or GRE required; minimum GMAT score of 600 recommended (approximately 50th percentile).
- GRE: Competitive quantitative score 155+ (50th percentile), verbal score 150+ (40th percentile).
- GMAT: Competitive quantitative score 45+ (50th percentile), verbal score 35+ (40th percentile).
- Test scores valid for 5 years; must be submitted with application.
English Language Proficiency (ELP) Requirements:
- TOEFL iBT: Minimum score 100 required; recommended minimum 25 on each section.
- IELTS Academic: Minimum score 7.0 overall; recommended minimum 7.0 on each section.
- Cambridge English: Minimum score 185 (Level C1 or C2).
- Waiver: ELP exam may be waived if applicant earned Bachelor's degree from English-medium institution.
Admission Process:
- Complete online application through BiMBA Business School portal (en.bimba.pku.edu.cn).
- Submit Personal Statement (maximum 500 words) describing career goals and MBA objectives.
- Provide two professional references from supervisors or academic advisors.
- Upload unofficial transcripts from all undergraduate and graduate institutions.
- Submit CV/resume highlighting professional experience and leadership roles.
- Pay application fee of CNY 800 (approximately GBP 81 or INR 10,200); no fee waivers available.
- No interviews required; admissions decisions based on written application materials and test scores.
English Language Proficiency (ELP) Requirements for UCL MBA
UCL requires English language proficiency documentation from international applicants whose native language is not English and who did not complete their Bachelor's degree at an English-medium institution.
| Exam | Minimum Score | Recommended Score | Validity | Notes |
|---|---|---|---|---|
| TOEFL iBT | 100 | 25+ per section | 2 years | School code: 3454 |
| IELTS Academic | 7.0 | 7.0+ per section | 2 years | Academic version only |
| Cambridge English | 185 | 185+ | 3 years | Level C1 or C2 |
ELP Waivers Available:
- Bachelor's degree from English-medium institution (English as language of instruction).
- Master's degree from English-medium institution.
- Waiver request must be submitted with application; no automatic waivers granted.
Key ELP Insights:
- TOEFL/IELTS score must be valid at time of program entry (September 2026); expired scores not accepted.
- Test results must be submitted directly to UCL by testing agency; self-reported scores not accepted.
- Exam preparation typically requires 8-12 weeks of study; plan accordingly before application deadline.
MBA Ranking and Accreditation
UCL MBA with Peking University holds prestigious accreditations and rankings demonstrating program excellence and global recognition.
| Ranking Body | Year | Global Rank | Country Rank | Score/Notes |
|---|---|---|---|---|
| Financial Times Global MBA Rankings | 2022 | 14 | 3 (UK) | 111% three-year pay gain |
| QS Global MBA Rankings | 2026 | Not ranked separately | N/A | UCL ranks 9th overall |
| Times Higher Education (Business & Economics) | 2026 | 22 | 22 (UK) | 78.1 overall score |
| AMBA Accreditation | 2026 | Accredited | Global | Demonstrates teaching excellence |
| AACSB Accreditation | 2026 | Accredited | Global | Rigorous academic standards |
Program Strengths:
- AMBA accreditation limits accredited institutions globally; only small percentage of business schools achieve this distinction.
- AACSB accreditation recognizes commitment to innovative, research-led teaching and career development.
- Dual university credential from top 10 global university (UCL) and leading Chinese institution (Peking University).
Scholarships and Financial Support for UCL MBA
UCL and BiMBA offer limited scholarships and financial support to MBA students. Most funding is merit-based; need-based support is limited.
Available Scholarships and Funding:
| Scholarship Name | Amount (GBP) | Eligibility | Application Deadline |
|---|---|---|---|
| UCL Global Masters Scholarship | Partial tuition | Merit-based, all students | January 2026 |
| BiMBA Excellence Scholarship | Up to GBP 5,000 | Merit-based, academic excellence | Rolling |
| GREAT Scholarship | Partial tuition | UK government-sponsored, select countries | Program-specific |
| Humanitarian Scholarship | Partial tuition | Demonstrated humanitarian commitment | Rolling |
| External Fellowships | Varies | International students, country-specific | Program-specific |
Key Scholarship Insights:
- Majority of scholarships are merit-based; financial need is secondary consideration.
- International students are eligible for merit-based scholarships; some institutional funding restricted to UK/EU citizens.
- Scholarship amounts typically do not cover full cost of attendance; students encouraged to explore external funding.
- Application for scholarships is separate from admission application; submit by January 2026 deadline.
External Funding Resources:
- Fulbright Program (US government-sponsored scholarships for international students).
- Government scholarships from home country (many countries sponsor students for international graduate study).
- Employer sponsorship (many companies sponsor employees for MBA study).
- Education loans from Indian banks (HDFC, ICICI, Axis Bank offer education loans for international MBA study).
Placement Data and Job Outcomes for UCL MBA Graduates
UCL MBA graduates pursue diverse career paths across consulting, finance, technology, and entrepreneurship sectors globally.
| Career Sector | Percentage | Typical Employers | Median Salary (GBP) | Median Salary (INR) |
|---|---|---|---|---|
| Consulting (Strategy, Management) | 35% | McKinsey, BCG, Bain, Deloitte, Accenture | GBP 90,000-130,000 | 1.13-1.63 Crores |
| Finance (Corporate, Investment Banking) | 25% | Goldman Sachs, JPMorgan, HSBC, Citi | GBP 100,000-150,000 | 1.26-1.89 Crores |
| Technology (Product, Strategy) | 20% | Google, Microsoft, Amazon, Alibaba, Tencent | GBP 85,000-120,000 | 1.07-1.51 Crores |
| Entrepreneurship/Startups | 10% | Self-founded ventures, venture-backed companies | Highly variable | Highly variable |
| Corporate Leadership (General Management) | 10% | Multinational corporations across sectors | GBP 80,000-110,000 | 1.01-1.38 Crores |
Employment Snapshot:
- 91% employment rate within three months of graduation.
- 51% of graduates secure new positions with different employers.
- 24% return to previous employers in advanced roles.
- 4% launch new ventures or entrepreneurial initiatives.
- Average salary increase: GBP 30,000-50,000 (INR 38-63 Lakhs) within three years post-graduation.
Post-Graduation Work Authorization:
- International students on Chinese student visas can work in China post-graduation with employer sponsorship.
- Many graduates transition to UK, US, or other countries for employment; visa sponsorship available from employers.
- UCL alumni network facilitates global job placements across 50+ countries.
Return on Investment for UCL MBA (Indian Students)
UCL MBA offers strong long-term ROI for Indian students through prestigious dual credential, extensive network, and significant career advancement opportunities.
Total Cost Analysis (16-Month Full-Time Program):
- Tuition and fees: GBP 42,500 (INR 53.44 Lakhs).
- Living expenses (16 months): GBP 10,667-16,400 (INR 13.41-20.62 Lakhs).
- Total program cost: GBP 53,167-58,900 (INR 66.85-74.06 Lakhs).
Salary Progression:
- Entry-level (Post-MBA, Year 1): GBP 75,000-100,000 (INR 94-126 Lakhs).
- Mid-career (5 years post-MBA): GBP 120,000-180,000 (INR 151-226 Lakhs).
- Senior roles (10+ years): GBP 180,000-300,000+ (INR 226-377 Lakhs+).
ROI Calculation:
| Metric | Value |
|---|---|
| Total Program Cost (16 months) | GBP 53,167-58,900 (INR 66.85-74.06 Lakhs) |
| Year 1 Salary (Post-MBA) | GBP 85,000 (INR 106.83 Lakhs) |
| 2-Year Cumulative Earnings | GBP 170,000+ (INR 213.66+ Lakhs) |
| Break-Even Period | 1-2 years |
| 10-Year Career Earnings | GBP 1,200,000+ (INR 1,508+ Lakhs) |
| Net ROI (10 years) | 1,500-2,000% |
Long-Term Career Benefits:
- UCL MBA credential opens doors to leadership positions in multinational corporations and emerging markets across Asia-Pacific.
- Dual university credential from top 10 global university (UCL) and leading Chinese institution (Peking University) provides unparalleled career advantages.
- Extensive alumni network (600,000+ across both universities) facilitates career transitions and entrepreneurial ventures globally.
- Specialized expertise in China's economy and innovation sectors commands premium salaries in multinational corporations and consulting firms.
- Many graduates transition to higher-paying roles in consulting, finance, or technology sectors within 3-5 years post-graduation.
Frequently Asked Questions
Ques: Is the UCL MBA delivered in London or Beijing, and can I choose the location?
Ans: The UCL MBA with Peking University is delivered in Beijing, China at BiMBA Business School's Chengze Garden Campus. All core modules and most elective modules are taught in Beijing. One optional module (Entrepreneurship and Innovation in Europe) is taught in London during summer months for 2 weeks; participation is optional and costs up to GBP 1,500 including accommodation and travel. The program is not available in London; all students study in Beijing for the duration of the program.
Ques: What is the difference between the UCL MBA and other UK MBA programs like London Business School or Imperial College?
Ans: The UCL MBA with Peking University is unique because it is jointly delivered with a leading Chinese university and focuses on China's economy, innovation, and technology sectors. London Business School (LBS) and Imperial College offer UK-based MBA programs taught in London with different curricula and career outcomes. UCL MBA is more affordable (GBP 42,500 vs GBP 60,000-80,000 at LBS/Imperial), offers lower cost of living in Beijing, and provides specialized expertise in Chinese business and emerging markets. LBS ranks higher globally (7th vs 14th for UCL) but UCL MBA offers better value for students interested in Asia-Pacific careers.
Ques: Can international students work while studying the UCL MBA, and what are post-graduation work visa options?
Ans: Yes, international MBA students on Chinese student visas can work part-time with university authorization. Common part-time opportunities include English teaching, corporate training, and research assistant roles paying GBP 12-30/hour. After graduation, international students can work in China with employer sponsorship or transition to other countries (UK, US, Singapore) where employers sponsor work visas. Many graduates secure positions with multinational corporations that sponsor work visas for international relocation. UCL's extensive alumni network facilitates global job placements across 50+ countries.
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $56525 (GBP 42500) |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Housing | $23307 (GBP 17524) |
| Food | $3370 (GBP 2534) |
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2025 | $56525 (GBP 42500) |
| 2024 | $56525 (GBP 42500) |
| 2023 | $58733 (GBP 44160) |
| 2022 | $58733 (GBP 44160) |
| 2021 | $75807 (GBP 56998) |
Important Dates
Applications close at 5pm UK time. It is recommend you to apply early.
| Event | Application Date |
|---|---|
| Application Deadline For September 2026 Intake | |
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TOP Scholarships
| Scholarship name | Award amount | Eligibility |
|---|---|---|
| UCL School of Management Scholarship | Up to 25% of course fee | Students with strong academic history. |
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| ranking | # 7 for Business by The Guardian 2026 # 22 for Business by Times Higher Education 2025 # 90 for Business by QS World University 2025 | # 6 for Business by The Guardian 2026 # 73 for Business by Times Higher Education 2025 # 121 for Business by QS World University 2025 | # 101 for Business by Times Higher Education 2025 # 120 for Business by QS World University 2025 |
| application | - | - | - |
| exam scores | GMAT - 600/800IELTS - 6.5/9PTE - 75/90TOEFL - 4.5/6 | IELTS - 7/9PTE - 73/90TOEFL - 100/120 | GMAT - 600/800GRE - 314/340IELTS - 7/9PTE - 69/90TOEFL - 100/160 |
| cost to study | Total Cost (Tuition + Living) -USD 83202.14 | Total Cost (Tuition + Living) -USD 84207.62 | Total Cost (Tuition + Living) -USD 84987 |
| documents required | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose |
| application dates | Mar 27, 2026 (Application Deadline For September 2026 Intake) | Jan 28, 2026 (Round 3 Application Deadline for 2026 Intake) Mar 4, 2026 (Round 4 Application Deadline for 2026 Intake) Mar 12, 2026 (Round 3 Decision Date for 2026 Intake) Apr 22, 2026 (Round 5 Application Deadline for 2026 Intake) Apr 23, 2026 (Round 4 Decision Date for 2026 Intake) Jun 10, 2026 (Round 6 Application Deadline for 2026 Intake) Jun 11, 2026 (Round 5 Decision Date for 2026 Intake) Jul 30, 2026 (Round 6 Decision Date for 2026 Intake) | Jan 11, 2026 (Round 3 Application Deadline For September 2026 Intake) Feb 22, 2026 (Round 4 Application Deadline For September 2026 Intake) Mar 29, 2026 (Round 5 Application Deadline For September 2026 Intake) May 10, 2026 (Round 6 Application Deadline For September 2026 Intake) |
| - | Read Full Comparison | Read Full Comparison |
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Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| IOE-ISH Centenary Taught Master's Scholarships | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeCompany-Sponsored | |
| India Postgraduate Taught Master’s Scholarship | Scholarship per student$ 4,728/Yr$3,555 | Level Of StudyMaster | TypeCollege-Specific | |
| Axol Science Scholarship | Scholarship per student$ 2,660/Yr$2,000 | Level Of StudyBachelor | TypeCompany-Sponsored | |
| Leo Murray Entrepreneurship Scholarship | Scholarship per student$ 18,620/Yr$14,000 | Level Of StudyMaster | TypeCollege-Specific | |
| Business Administration Scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based | |
| VueVille Future Technology Scholarship | Scholarship per student$ 1,330/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based |
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| Program | Important Date | Total Fees | Median Exams Score | Action |
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| USD 56,791 /Yr GBP 42,700 /Yr |
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Round 4 Application Deadline for September 2026 Intake (28th Apr 2026) Round 3 Decision Deadline for September 2026 Intake (1st May 2026) Round 4 Decision Deadline for September 2026 Intake (19th Jun 2026) | USD 103,740 /Yr GBP 78,000 /Yr |
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