Cost of Studying MBA in Dubai 2024: Fees, Cost of Living, Requirements

Dubai, one of the most luxurious places to be in the 21^st century, is famous for its skyscrapers, world-class shopping malls, and oil reserves. It has led to a massive increase in the inflow of international students to the country for higher education purposes.

One of the most popular courses in Dubai is MBA for Indian students. The average MBA in Dubai fees start from Rs. 15 lakhs and vary depending upon factors such as university, specialisation, province, and personal expenses.

Some of the top-ranking MBA universities in Dubai include London Business School, Hult International Business School, Zayed University, and many more. This reflects that management is one of the most popular courses in Dubai. Being one of the most sought-after destinations for an MBA, there are ample reasons that favour the city as an education hub.

Why study MBA in Dubai?

Being one of the most sought-after destinations for an MBA, there are ample reasons that favour the city as an education hub:

• Dubai has many international campuses in the country such as the London Business School, Cass Business School, Amity University, Manipal University, and others.
• The UAE is a rapidly growing economy and the government is investing in various areas such as trade, commerce, education, and health care.
• The UAE is a major economic centre for many countries around the world.
• People of different nationalities live in the United Arab Emirates, and international students have the opportunity to interact with a wide variety of people.
• Cost of MBA in Dubai will be highly compensated by job opportunities and high salaries available in UAE.

MBA in Dubai Fees

There are many factors to consider before heading to Dubai for MBA. The cost of studying MBA in Dubai is one of the key factors why international students prefer Dubai over countries like USA. Generally, the top MBA colleges come with hefty tuition fees. Luckily, that is not the case with the extravagant city that boasts of some top-ranking international university campuses.

The annual tuition fee at one of the top MBA colleges in Dubai, Manipal University, is AED 78,000, which is almost half of what you will be paying in the USA. MBA in Dubai for Indian students fees can be up to Rs. 15 Lakh. Amity University offers the cheapest MBA in UAE with only AED 49,500 fees.

However, the Dubai MBA fees may vary depending on the university and its programme. Some universities in Dubai do not offer full-time MBA programmes but offer Executive MBA or Part-time MBA programmes. For example, London Business School (LBS), Dubai, only offers an executive MBA programme while Alliance Manchester Business School’s Dubai campus just offers a part-time MBA course.

MBA in Dubai for Indian Students Fees 2024

MBA in Dubai Fees: Living expenses

Accommodation: Cost of studying MBA in Dubai for Indian students comprises expenditures like accommodation, travel, and food, among others, of which accommodation is the most vital part of your cost. Students, who want to cut their costs of living in Dubai, can share a room or apartment. When applying for a student visa, MBA in Dubai for Indian students fees must take into account all these costs.

If you are planning to pursue an MBA in Dubai, you can also choose whether you wish to stay at accommodations provided by the university or on your own. The average rent for a one-bedroom apartment in the city is around AED 70,000 to 85,000 per month, while the rent for a 3BHK apartment is approximately AED 140,000 to 190,000. However, if you share the 3BHK apartment your rent could come down by notches.

If you wish to stay at the university itself, your cost could be somewhere around AED 22,000 to 55,000 depending on your accommodation and university. Single students can reduce accommodation costs by choosing to share accommodation with fellow students and graduate with the cheapest MBA in Dubai.

Travel: Another expenditure that is going to add to your cost of studying MBA in Dubai is travel expenses. You can travel by taxi, bus, metro, water boats, and even a rental car since petrol is comparatively cheap compared to western countries.

For a student, metro and bus will be the safest bet that will not burn a hole in his pocket as the cost of a one-month public transport ticket is AED 250. Working individuals or students with families can spend around AED 2000 and lease a car in the city. Transportation costs are one area to reduce MBA in Dubai fees considerably.

Health Care: If you are planning to pursue an MBA in Dubai, getting health insurance should be your first step. A health insurance plan is a part of your cost of studying MBA in Dubai. MBA tuition fees in Dubai universities do not necessarily include health insurance.

It depends on the university whether it wants to offer health insurance or not. However, if the university does not offer a health plan, students will have to get their own insurance from private parties.

More often than not, students can purchase medical health insurance from the university itself at the time of admission. In universities like American University in Dubai, students have access to UAE Coverage Private Health Insurance. However, students with valid private health insurance need not opt for the plan.

Apart from these expenses, there are other minor expenses included in the cost of studying MBA in Dubai like food, phone bills, and personal expenses, among others.

Lifestyle choices have an impact on MBA in Dubai fees. Dubai is inherently a costly city. By choosing to live on a budget, and earn through part-time jobs, MBA in UAE fees can be covered with less effort until achieving job offers.

Also read:

Cost of studying in Dubai

Top MBA colleges in Dubai

Study in Dubai: Know all about studying in Dubai