Imperial MiM Fees: Complete Tuition, Funding, Scholarships & Living Costs Guide

Overview

The MSc in Management (MiM) at Imperial College Business School is a flagship one-year, full-time programme designed for ambitious graduates seeking accelerated careers in consulting, finance, technology, and strategy roles. Delivered in the heart of London, the programme combines analytical rigor, leadership development, and real-world business exposure through applied projects and optional professional experience.

Imperial College London consistently ranks among the world’s top universities, and its Business School is globally recognised for its strong industry integration, quantitative focus, and exceptional graduate outcomes. The MiM programme reflects this reputation, offering a high-intensity academic experience with strong return on investment. This guide covers Imperial MiM Fees

Imperial MiM Fees

For the MSc Management, Imperial College Business School charges a single, unified tuition fee applicable to all students.

• Tuition Fee: £47,000

  
  

• Programme Duration: 12 months (full-time)

  
  

This fee applies equally to UK, EU, and international students, ensuring transparency and fairness in pricing.

The tuition fee covers:

• All core and elective academic modules

  
  

• Access to Imperial’s learning resources and facilities

  
  

• Career services and professional development support

  
  

• Academic supervision and assessment

  
  

Tuition fees do not include accommodation, living expenses, visa costs, or optional experiential activities.

Fees Payment & Deposit

After accepting an offer, students are required to pay a seat-confirmation deposit, which forms part of the total tuition fee (not an additional charge).

Key points:

• The deposit secures your place on the programme

  
  

• Remaining tuition is payable according to Imperial’s published payment schedule

  
  

• Detailed payment instructions are provided after offer acceptance

  
  

Imperial allows structured payment timelines to help students manage finances effectively.

Funding Options

Imperial College Business School encourages early financial planning and offers multiple funding routes for MiM students.

Common funding sources include:

• Personal or family funding

  
  

• Education loans (domestic or international lenders)

  
  

• Merit-based scholarships awarded by Imperial

  
  

• External scholarships and sponsorships

  
  

Students are advised to finalise funding plans well ahead of enrolment, particularly if a visa is required.

Scholarships

Imperial offers a range of competitive scholarships for MSc Management candidates.

These awards are primarily merit-based and assessed alongside the application.

Typical scholarship categories include:

• Merit and Excellence Scholarships for outstanding academic or professional profiles

  
  

• Leadership and Impact Scholarships for candidates demonstrating leadership potential or social impact

  
  

• Diversity and Inclusion-focused awards, depending on eligibility

  
  

Scholarship values can range from partial fee reductions to significant tuition support. Awards are limited and highly competitive, making early application strategically important.

Scholarships are applied automatically or via separate consideration, depending on the specific award.

Cost of Living in London

While tuition fees cover academic costs, students should independently budget for living expenses in London, one of the world’s most dynamic but premium cities.

Typical expense categories include:

• Accommodation (university halls or private housing)

  
  

• Food and daily necessities

  
  

• Local transportation

  
  

• Utilities, mobile plans, and internet

  
  

• Personal and social expenses

  
  

Living costs vary significantly based on lifestyle and accommodation choices. Imperial strongly recommends that students prepare a realistic budget before enrolment to ensure financial comfort throughout the programme.

Additional Costs to Consider

Beyond tuition and living expenses, students may also encounter:

• Application fee (paid during submission)

  
  

• UK visa and immigration health surcharge (for international students)

  
  

• Study materials and optional textbooks

  
  

• Optional internships, global experiences, or professional memberships

  
  

These costs are not included in the tuition fee and should be planned separately.

Is Imperial MiM Worth the Cost?

Imperial’s MSc Management represents a high-value investment for students targeting elite global careers. The programme’s strengths include:

• World-class academic reputation

  
  

• London location with direct access to global employers

  
  

• Strong career services and employer engagement

  
  

• One-year format reducing opportunity cost

  
  

For candidates with clear career goals and strong profiles, the Imperial MiM delivers long-term professional and financial returns that justify the upfront investment.

Final Thoughts

The Imperial College Business School MiM combines premium education, global brand value, and career acceleration in one of the world’s most influential cities. With a tuition fee of £47,000, competitive scholarships, and structured payment options, the programme is best suited for students who plan early and approach funding strategically.

For applicants seeking a top-tier European MiM with global credibility, Imperial stands firmly among the best choices worldwide.